11 Comments
 

Applying after a gap year is brutal, especially if you don't have an extremely good reason to be taking that gap year (e.g., travel abroad, nonprofit work, internship, etc) and this is from someone who did just that. The forgone year really isn't worth it; your freshman year, including freshman summer, doesn't matter at all for finance recruiting, so just apply to be a sophomore transfer and apply for those schools again. Sure, they're competitive, but you're clearly capable of getting in.

 
Most Helpful

No, get on the phone and explain the situation without mentioning IB specifically and say I made a mistake in my decision due to pressures from family or counselors or whatever but I want to remedy this bc I want to attend X as i believe it positions me better for my future and fits me better as a person. Schools want to keep yield up, so get on the phone with Ross (best regarded out the schools u listed), and make your case. If they offered admission to you they probably will make room for you, or at least offer you a spot next year, which you should suggest (I’d also be happy to be offered a spot in the class of 27 and would matriculate if given the opportunity or something like that). They’re not a scorned lover they’re a business so just be professional (somewhat) honest and go for it ASAP. It’s not too late but if you keep waiting it will be.

 

Just apply next year after a gap year. Your gpa will tank with engineering and you might not be able to transfer into a bschool which cares about you doing well in your quantitative classes, which you'll likely get a 2.5-3.0 in if you're in eng. school

 

I mean honestly if you want to go into VC down the line then engineering might actually be a better degree. Specialize in a certain type of engineering like bioengineering/mechanical/electrical/CS then consulting/startup/medical devices then VC or you could do an MBA at a top school(they love engineers). For IBD the finance targets might be a better option but if you're looking at those schools to get into PE/VC then your engineering school should be fine. You'll also be left with more options in case you decide finance isn't for you and you'll have a more intellectually rewarding experience. 

 

I've met a lot of international students who did a gap year either during or right before college, perhaps it's less uncommon to so do in other countries. There are lots of benefits to taking a gap year but take it only if you believe you can utilize the time to have interesting, impactful or worldly experiences. 

 

Haha is it Georgia tech/ Purdue/ illinois? I am an engineering major at one of those and u will be completely fine dude. Major in industrial engineering and get a 3.5+, you should have no problem breaking in. Got multiple offers sending apps online no networking. Hope this helps

 

Haha yeah in the upper edge of the top tier public engineering schools (think uiuc, gatech, purdue, michigan, ucla, ut-Austin) like you mentioned. That’s definetly interesting to hear, thanks for reaching out!

 

Autem ab sunt porro cumque esse veniam voluptas est. Reiciendis neque rem quaerat. Aliquam soluta mollitia cumque aliquam. Praesentium quibusdam laudantium sit quia excepturi.

Commodi maiores itaque temporibus velit perferendis asperiores. Alias sunt autem et. Aut quibusdam nisi cupiditate assumenda et. Vel recusandae quia quae ad sint nostrum.

Career Advancement Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 02 98.8%
  • Evercore 01 98.3%
  • BMO Capital Markets 12 97.7%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 05 98.3%
  • JPMorgan No 97.7%
  • BMO Capital Markets 11 97.1%

Total Avg Compensation

June 2026 Investment Banking

  • Vice President (14) $434
  • Associates (44) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (79) $150
  • Intern/Summer Analyst (73) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”