Graduating Early
I have the opportunity to graduate in 3 years from a 4 year program just because I had a ton of transferable credits. Currently recruiting for SA 2021 like I'll be graduating in 4 years. Would the bank be ok with me accepting an offer in the 2021 SA Class but then deciding I want to graduate early. Just think it makes sense that I save my last year and do like an early career Masters before returning to an FT role. This is assuming I get that SA role and then the FT offer
If you’re not a student the semester after your summer internship then that’s not a good look.
this is false. if you’re a good SA then no one will bat an eye... why would they? at the end of the day, they just want smart, capable analysts
Because you’re suppose to be a student as an intern.
lol this is false. I decided to graduate one year early in the middle of my junior year once I had already secured my summer internship at an EB. After the summer I took a year off to travel before returning FT to the EB.
HR has much bigger fish to fry than an intern deciding to save money and get out of school earlier
Yeah seems that way especially since it shouldn't harm the firm in any way especially if I can prove I'm doing a masters or even taking some time off. Unless it's against company policy or something
Thanks for the MS and your anecdote. Your example is the same as someone getting a a FT offer with lies on his resume. You might have gotten through by graduating early but that doesn’t mean everyone else will without letting HR know.
When you become a SA they ask for your transcripts. You'll be fine then assuming you lied on your application and said your grad date was a year past when it really was. But then when you start FT they'll realize you lied when you send in your transcripts again and it shows you graduated a year prior. I'm not saying it's a guarantee you'll be fired, but it is a very likely possibility.
Why would you even want to graduate a year early if you have to wait a year to work FT anyway? What would you do in that free year? Yeah you'd save money on tuition, but you would literally be doing nothing or you'd be working at some mediocre job knowing you'll quit in a year. Unless you're traveling for a year, but that's a long time to travel and will be very expensive. If you can afford it go for it though.
If I were you I'd add a minor so you can graduate a semester early but not a year. That way you won't have to lie about your grad date and will be considered "normal" in terms of being a junior when doing your SA and then having a senior year (or semester) before starting FT. In that free semester travel. That's what I'm doing next year. I'll be blowing all of my SA money on a 3 month trip before I'm locked in for 2 years.
I mean I'd try pulling it off as if I decided to opt into the early grad after I signed the SA offer. I was thinking of doing a early career masters in that year off. Technically, I'm supposed to graduate 2022 because I started in 2018. However, do offers at the bank typically have a clause stating that you must be a undergrad student right after your internship even if that's for a semester? That way I can come back for an FT role the following year with a Masters even if it's early career like an MFin or something. ABout the lying part, would it be looked at as lying if I were to decide that I want to graduate early after accepting the job?
The thing is, while recruiting occurs during sophomore year, your SA background check starts a few months before the internship. This includes your expected grad date. I think a red flag would pop up if you put that you already graduated or are graduating in a month depending on when they send out the background checks. So true you wouldn't be lying when recruiting, but during the background check that would pop up and I would imagine they ask you about that. I think an early masters would be handled a lot better than saying you'll be working for a year, but honestly I don't know how they'd react and so once you get the offer I would email HR a month later and say you're considering graduating early and doing a master's and ask their view on that.
Just communicate with the firm in advance, and you’ll be fine. You’ll also feel better knowing that everyone’s on the same page.
Yeah I was planning on talking to HR about it in the future and I am assuming they shouldn't have an issue with it
dude you’re not going to get fired. Jesus Christ lmao. of all the things. so here’s what will happen. you’ll do your internship, and you get the FT offer. they won’t let you start early unless they have a need - base case is you still have to wait a year. if they see on your background check that you already graduated that’s not going to be a dealbreaker. the reality is you have complete optionality so you can recruit with the plausible case of graduating in 2022 or whatever. BUT for the avoidance of all issues and shit, I would just delay graduation until the end of the summer if that’s the plan. you can defer your degree conferral to after the “summer quarter” or whatever. yeah it costs like $100-200 bucks or something (at my school), but you’re technically a student still. I took the spring term off my junior year and senior year (technically graduated early in this instance) and they didn’t care that I technically wasn’t a current student in that spring period before my internship.
of all the things HR is going to fire you for this isn’t it. on your resume when you say 2018- exp. 2022 or whatever, that exp means expected. which may or may not end up being the case that’s just the “expectation”
or go do the masters whatever. HR isn’t going to sing you because your plans change after you get the offer. as if all of a sudden you’re less capable and employable. you can even switch majors to art history or some shit. I even dropped one of my majors to a minor in the period from offer to starting. no one cared. I don’t even think they checked if my majors lined up with my resume I’m not kidding. the background check isn’t as thorough in some areas as you think. it’s all Kroll
can you give us an update of what happens? interested in this as well
Following
Following. Same situation here
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