Stressful Decision to Make
I'm currently entering my last year of school at a semi-target school in Canada, and I currently have 3 internships under my belt. I've done one internship at a LO AM, and then 2 in MM PE. I'm at a weird crossroads in terms of decisions I need to make for FT recruiting because it's really stressing me out, and I'd honestly appreciate any advice!
1. Aim for a return at the two MM firms I'm working at
So, both firms have given returns in the past, but they are largely dependent on headcount. I spoke to a Managing Partner at the first, and he mentioned that they'd definitely consider taking me back if they need an analyst. It's a growing fund and they definitely seemed to like me, so this is definitely viable (hopefully lmao). I've yet to start at the other firm, but they've given a couple of returns before (at a low rate, to be fair). Either of these would be the ideal situation, but not one that I can depend on due to it being largely situationally dependent.
2. Aim for New Grad positions
I'm still waiting to hear back from a few new grad positions at pensions. I had the opportunity to interview at another reputable MM PE firm, but I didn't end up making it through there. There are not a lot of these opening up at the moment, so I can't really depend on them either. This is the second-most ideal situation, though.
3. Aim for a summer internship
This is something I missed out on due to recruiting 1 month too late (massive mistake on my end), but I've managed to scavenge a few processes (I think so at least) at an MBB and boutique IBs. I'm thinking I could delay my graduation and use these to ideally land a return offer.
4. Delay my grad to 2026 and re-recruit for then
This is my last resort, but essentially I would delay my grad to 2026, and recruit (and ideally land) a summer internship, which I could then convert into a FT offer. The specifics about this are still something I'd need to iron out, but that is the general plan.
So basically what I'm asking is for any advice on going about these 4 routes (beyond networking and general suggestions), and whether I'm thinking about this the right way, or if I need to be adapting my approach to focus on just one of these. The order I wrote them in is basically the order of how ideal they are and the emphasis I'm placing on them. I'd really appreciate any help!
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