Delay graduation for IB?

Based on the most helpful WSO content, here are some key points to consider when deciding whether to delay graduation for an investment banking (IB) opportunity:

1. Internship Experience:

   • If you have secured or are close to securing an IB summer internship, delaying graduation can be beneficial. Internships often lead to full-time offers, which are crucial for breaking into IB.

2. GPA and Networking:

   • With a strong GPA and good networking skills, you are in a favorable position. Delaying graduation can give you more time to leverage these strengths and secure a better position.

3. Interest in IB:

   • Your interest in M&A and IPOs aligns well with the core activities of IB. This genuine interest can drive your success in the field.

4. Debt Considerations:

   • Weigh the cost of an additional semester against the potential long-term earnings in IB. While it may increase your debt in the short term, the higher salary in IB can offset this in the long run.

5. Alternative Plans:

   • If you don't secure an IB internship, consider other finance-related roles that can serve as stepping stones. Delaying graduation gives you a fallback plan to continue searching for opportunities.

6. Personal and Professional Growth:

   • An extra semester can provide additional time to improve your skills, raise your GPA, and gain more relevant experience, all of which can enhance your candidacy.

In summary, delaying graduation for a semester can be a strategic move if it significantly increases your chances of securing an IB role, especially given your interest and current positioning. However, carefully consider the financial implications and have a backup plan in place.

Sources: Missed SA 2019 recruiting - delay graduation for SA 2020?, Graduating early - worth it or not?, Should I delay graduation for 1 semester or graduate? (Potentially salvageable situation), Should I Slow Down?, Should I delay graduation by a semester for a summer internship at a large bank?