Benefit to applying right when applications open?

I have a general question for IB Summer Analyst roles: Is there a benefit to applying right when applications are released or earlier in the recruiting process? Or is it okay to wait a week or even 2-3 weeks after the apps open?I am hoping to network more to gain connections within the bank/group I am applying for and I am trying to get my technicals perfected before I have the interview?Does anyone have any insight or opinion on a situation like this? (mid tier MM bank)

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