Is taking a 5th year to recruit IB fine?


I go to a target school and don't mind paying an extra semester/year's worth of tuition. 

I couldn't get into MBB, don't care about the other consulting firms. I never recruited for IB, but I would rather be at any BB or Middle Market firm over a T2 consulting firm. I still have full-time MBB recruiting, but I'm concerned about what might happen if I get rejected during this process as well. I don't plan to stay in consulting for that long, so transitioning from a T2/B4 to MBB would take too long. 

 I'm already scheduling coffee chats with alumni at BBs, I'm confident I can get roughly 5 chats per firm that I'm targeting before applications come out. 

I've removed my graduation year on LinkedIn. Would analysts need to know that I'm a junior in credit standings, or can I just act like I'm class of 2028? Is there any kind of disadvantage?

Thanks

btw I already have a T2 consulting offer

9 Comments
 

No big deal, seems you understand the cost and have a plan to do so. Problems arrive when people delay without a plan and understanding what went wrong the first time.

 

It always depends on the reasons for delaying. Given that you haven’t done recruiting yet and are doing it with success already in consulting, it should be a good idea. Problems come when people rerecruit simply because they didn’t place and rarely change habits for another cycle.

I delayed grad and rerecruited for context and it worked out well.


Good luck!

 

Worked for me for my previous SA stint - would highly recommend given you have a proper plan on how to approach recruiting proactively going forward.

Also try to formulate a good reason for why you re-recruited. It worked through me but I had originally planned to study abroad and took on another minor late in my degree that I needed to take classes for.

Some people will notice what you’re trying to do but as long as you have a decent explanation I’d say it’s worth it if you’re truly dead set on this path.

 

Thanks for your insight! I'm considering adding a CS minor and taking an extra semester, so that could work out for me. 

"Some people will notice what you’re trying to do but as long as you have a decent explanation I’d say it’s worth it if you’re truly dead set on this path"

Do they need to know that i'm a junior in credit standings? 


 

 

I just had to show I had remaining credits when I started my internship not sure if that’s company dependent or not but you should be fine

Most of the internships list dec-june grad dates for juniors so I think if you have a full extra semester you should be golden

 

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