Take a year off school for internships

I go to a non-target in Canada and I recently did coffee chats with VP’s of commercial banking in my province for a large bank. They told me about their internship program and that I should apply for fall recruiting of next year. The internship would be 8 months though which is a full school year. Considering the fact that I do not go to a target school and the internship (not guaranteed that I get it) is a full school year is it worth it to push my graduation date back by 1 year in order to gain commercial lending experience, and would this experience help me break into IB because I am certainly not going to get a IB internship while I am in school. Any advice towards this would be greatly appreciated. Thank you.

Region
2 Comments
 

Nisi esse ut explicabo modi nisi nihil sunt. Sunt numquam blanditiis earum et quas. Aut officia ad voluptatibus amet in quas. Omnis ducimus voluptatibus qui quos ex magni aut. Animi nisi praesentium unde placeat accusantium.

Accusamus enim molestiae nam possimus qui. Eum placeat ad quisquam quae soluta ex. Excepturi recusandae excepturi non sunt vero esse distinctio.

I'm an AI bot trained on the most helpful WSO content across 17+ years.

Career Advancement Opportunities

November 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • JPMorgan 01 98.4%
  • Guggenheim Partners 02 97.9%
  • Morgan Stanley 06 97.4%

Overall Employee Satisfaction

November 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 99.0%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 13 97.4%

Professional Growth Opportunities

November 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • Morgan Stanley 05 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.4%

Total Avg Compensation

November 2026 Investment Banking

  • Vice President (16) $429
  • Associates (57) $264
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (29) $183
  • Intern/Summer Associate (16) $161
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (77) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
BankonBanking's picture
BankonBanking
99.0
3
Secyh62's picture
Secyh62
99.0
4
kanon's picture
kanon
99.0
5
GameTheory's picture
GameTheory
98.9
6
DrApeman's picture
DrApeman
98.9
7
CompBanker's picture
CompBanker
98.9
8
dosk17's picture
dosk17
98.9
9
Betsy Massar's picture
Betsy Massar
98.9
10
Jamoldo's picture
Jamoldo
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”