BB SA recruiting timeline?

I'm about to finish my first year here at my non target and am not sure I'm allowed to apply for SA positions. Because I had a good deal from credits from AP tests (considered a sophomore right now), I will be finishing my bachelor's degree in three years and completing an MS in finance during my fourth year.

As that final year would be my fourth consecutive year of study, am I allowed to apply for the summer analyst position next year (2021) instead of this summer? What if I were to delay one class to graduate just a semester early?

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