I'm just completed my first year at a semi-target and have been looking into IB. I thought the general timeline was to get a relevant internship sophomore summer, and then try to get an IB internship junior summer and hope for a return offer. However, I've been reading that recruiting is moving up, and that even junior summer(so 2020SA for me) would begin sophomore spring semester(2019 spring for me). This sounds crazy to me. I did not get any internship this summer, just working a regular job. If junior summer recruiting is this quick, how does a sophomore summer internship even come into play? I won't have any internship experience by sophomore spring to have on my resume. Am I already behind? I had a high GPA first semester, did some business competitions, and starting learning more about different career paths, but I didn't realize how early everything starts.
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Also slightly off topic, but I'm seriously considering transferring looking for a different environment and to test to see if I can get better financial aid since more prestigious schools tend to be more generous. Lets say I did end up transferring for my junior fall semester, would I be completely screwed having no classes, clubs, etc at a new school that late? Not willing to set back graduation either.
I'll definitely try to get something for next summer, and would be willing to look more in major cities, do it unpaid, etc. I tried to get something in my small town this summer, but didn't get anything and I didn't think it was worth moving and paying rent, etc to "intern" when it wouldn't really be doing any substantial yet.
Even if I don't time to network, wouldn't being able to interview through OCR work? Lets say I entered the target with after a sophomore summer internship and coming from an already a fairly respectable school, would I really be even worse off? Of course its really difficult to get in, but some of the better targets would be almost free at my parents income level.
Unfortunately yes you would be worse off. I come from one of these "targets" and had offers in hand before my first final. OCR for my year will be non-existent. Summer of 2020 will only be faster. Recruiting will probably occur during the spring semester you are writing your transfer applications...
I'm just confused how it happens so early on. Recruiting for junior summer before sophomore summer even happens, what am I supposed to do to strengthen my resume by then? And what do these banks look for in candidates having only three semesters of school and if you're lucky, an internship so far. My school had an article in their paper about recruiting being pushed up to sophomore spring too, but it sounded like that was mostly for diversity recruitment.
Also, this would just be for investment banking right? Its something I've looked into, but I can't honestly say its something I'm set on(I don't think anyone can this early tbh). I've been looking into other things too, but only IB seems to be pushing its timeline ahead. Recruiting this early just sounds crazy to me.
Yes this is for investment banking. For my school at least I can guarantee the speed is no joke and only a fraction of it was diversity. Not really sure how to help on the other fronts. Likely Ib and other finance related jobs will be pushed up. Consulting will stay the same.
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