I am delaying graduation by one year to recruit for investment banking summer analyst positions again. My decision to go for recruiting again is motivated by the fact that I never had the chance to prove myself. Had I had interview chances and failed, it would be a different matter. As an international and non target candidate, ironically I had to aim for the top banks that don't come to recruit on campus.
Moving to the point, I want to ask your thoughts on me pretending to be a regular third year junior when going through 2019 summer analyst recruiting. Most of my peers and even mentors are telling me to choose this course of action as mentioning I am a fourth year student who is staying at school for 5 years will only lead them to see me as inferior and expect higher standards. I even spoke to some people who pulled this off, but I am really anxious about going with this strategy. Would it be such a pitfall if I say I decided to stay in school for another year and go for recruiting again because I didn't have a chance to prove myself?
I would greatly appreciate any of your insights.