MBA Summer Associate 2021 Recruiting

Hey folks,

I am an admit to a T15 MBA program at sticker price. My goal is to pivot into investment banking and as I understand it, it is only possible via summer associate roles for an MBA. There's a number of points that I have researched over the last few weeks that I'd appreciate your perspectives on.

  1. Pre COVID, overall MBA Associate recruiting seems to trend lower with banks preferring Analyst -> Associate promotions, this being counterbalanced with tech and consulting becoming more flavor of the month for top MBA graduates.
  2. This year, some banks have extended full-time offers to all incoming summer associates and some are doing reduced duration internships with an unknown impact on full time offers.
  3. Summer Analyst 2021 recruiting seems to be continuing virtually.

With these things in mind, where do you see summer associate recruiting this fall to be like?

I have a stable job in an industry that will do fine over the next two years. Should I try and defer or risk getting into the 2021 MBA application pool?

Thanks for your time and advice.

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