Forced to Take Year Off School--Help Needed
Hi all,
I am a rising junior at a target school. I have a very high GPA and interned at a regional boutique bank last summer. Going into this year, I was hoping that my background along with solid networking and interview prep would put me in a good position for an IBD SA offer at a BB.
Unfortunately, I have been diagnosed with a serious medical problem that has forced me to withdraw for this entire year of school. I figure this will essentially postpone my OCR process until next year, since I will be considered a junior next fall.
How should I handle this from a professional perspective? Obviously my wellness has to be my priority in the near-term, but I have worked so hard to reach this point. Would I be allowed to apply for BB sophomore programs later in the year when I am (hopefully) on my way to recovery? Should I be doing anything in particular with any downtime I have when my head is clear of pain meds?
Thanks in advance!
Bump
Bump bump
Advice? Anyone?
What's a 'very high GPA'?
Take a year off, start a business, then MBB? (Originally Posted: 01/12/2012)
Hi guys! I struggling with career paths right now--I want to be an entrepreneur eventually, but am struggling whether I should start my business (I have an idea right now) right after college. What do you think of the idea of me taking 1-2 years to work on my business and then applying for MBB? Will I miss out on the usual application channels which fresh graduates have? Thanks!
One of my buddies did this exact thing; went to work on a startup with some family members for a couple years after graduating, then went to MBB as an entry-level hire after he started a family and needed more stability. Definitely possible, as long as you were a credible candidate before hand and have good reasons to be making the switch.
take two decades off to run a business, retire.
fuck MBB.
^^this
usually people start their own business to, you know, successfully run it. going into entrepreneurship just for exit opps sounds crazy.
Don't plan too far ahead. Life has a way of fucking with you
There is no greater truth in this thread.
Thanks for the replies! I envision my possible business as being very time-consuming in the first few years, and then becoming largely self-running after that, so hopefully I'll have time for a full-time job. Alternatively, the business could flop, and then I definitely have time, and need, a job. I am interested in MBB because they seem to value entrepreneurial skills. Plus I like working on strategy, and feel that I can gain a lot: business skills, smart and passionate community, diverse exposure, and great exit opps.
Taking a year off during undergrad studies (Originally Posted: 03/08/2013)
I am currently studying in a 3-year undergrad program and I was wondering whether employers would frown upon the fact if I did my military service this summer, hence postponing graduation for me by a year. Or is it fine since the service is mandatory, hence I would have to do it anyway at some point.. ?
If you didn't care what employers thought what would you do?
They won't care. What are you gonna be able to do about it anyways? nothing, it's mandatory. So there's no reason to worry.
I'd probably take the time off and finish off my studies next year since it would give me more time to finish all the work I have to do in order to graduate. However, as I greatly care about future intern opportunites in BBs and applying to masters programs I would like to hear some advice on this. Obviously it could be a decision that would affect my career opportunities in general if it were an issue.
I am in my last year right now, either I do my military service starting this early summer and finish the remainder of stuff I have to do next year or finish off uni now and go do my military service say starting at the beginning of next year.
taking a year off (Originally Posted: 06/08/2008)
does taking a year off cause a disadvantage?
can you still use on campus recruiting?
If i got a bomb ass undergrad credentials can I land a top gig?
if so how?
fix your shift key Bateman
ITS ACTUALLY THE CAPS LOCK WHICH IS GIVING ME TROUBLE
lol
Taking a year off for ND oil job!? (Originally Posted: 11/01/2011)
Just a crazy thought, but sounds fun.
If you don't know what I'm talking about: http://money.cnn.com/2011/09/28/pf/north_dakota_jobs/index.htm
What would it be like? I think it's gonna be a great experience, and I can really make some serious money. Hell, I'm 20 and I want to do some crazy stuff like this before I go into finance and spend the rest of my life there.
How would that affect me in terms of getting an offer though? I can take a year or even a semester off and repeat my junior year. Would this be frowned upon?
I'm Junior right now, My gpa isn't bad, and I had a boutique Ibanking summer internship this past summer.
I was thinking about it as a joke, and kind of serious right now haha. I wouldn't mind giving it a try if everything works out.
Any thoughts?
it's crazy how ND isn't getting more media attention
Do it. You Won't.
I have friends/family that are working there. Not for the faint of heart. You WILL work your ass off. Great money though.
Oh, and if you find working in sub zero to scorching working conditions hours on end fun, then go for it.
go for it. if i were your age i'd do it.
Another question like this: Is it true that those crab fishing guys in Alaska earn around $60,000 in 6-8 weeks? Seems to be a appealing alternative to finance, too..
Do it. It was make you jump out when applying for job / interviewing. Espically if you are interetsed in O/G Ibanking.
And you will leran the value of a hard earned dollar - not just sitting in front of excel for 15 hours a day ;)
Just remember that there will be absolutely no women in Bakken. You'll have to fly out every Friday night to a major city to actually interact with attractive females.
Go watch Fargo.
Taking a year off university to invest? (Originally Posted: 01/07/2015)
Post removed.
Do not take a year off. You're asking us for trading fees? Come on man. That takes 5 seconds to check with whoever you hold an account with. Play around yourself during your free time in school if you must. You can manage 5k without taking a year off. Good luck trading with 5k. Trading fees will eat away at that pretty substantially.
Why would you take a year off to invest if you know you're gonna take losses? The goal is to not take losses. Read/study investing an hour a day every day, and work on your own investment ideas in your free time. I wouldn't focus on building an entire portfolio just for the sake of it, just make trades on your best ideas to test your conviction.
Are you an aboriginal or just retarded?
Why not just do mock trading if you want an educational experience? You would just be burning money for the hell of it.
Deleted
I am currently one of 9 in a student investment fund that manages $5 million. We are doing this while getting our MSF full time, each taking ~17.0 credits. There's simply not nearly enough to be done while running a fund that small to warrant any of us taking a reduced class load.
I'd recommend checking out robin hood (the app that gives you free trades) and pooling your money if you want to pursue this and then getting together after classes for a few hours a week and discuss your strategies/make trades.
@"going concern" @thebrofessor
Possibly the dumbest question to date.
Added to the collection...which is starting to accumulate nicely...we need to get all these catalogued
there's no way...it's too early for this shit
$5K wouldn't even cover a sufficient printing budget for several people to do research.
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