Forced to delay graduation but accepted summer 2020 offer -- what to do?

Hi everyone. I'm a sophomore and after doing accelerated recruiting, I got a summer 2020 BB IB offer (my junior summer). However, due to personal and family reasons, I have had to leave college for the remainder of my semester and will return this coming fall, so my graduation has been pushed from May 2021 to December 2021.

Would this normally mean that my offer would get rescinded, as this effectively means that summer 2020 would be my sophomore summer? How should I communicate this with the recruiters? And how explicit do I need to be with all the details? The BB has a sophomore summer program, and I was hoping that I could just get transferred over to that.

Thanks everyone. This has been quite a stressful time. I really appreciate this community, and I honestly wouldn't haven't gotten the offer in the first place if it weren't for all the information in these forums. So thank you all.

9 Comments
 

In that case though, if I end up getting the return offer, I'd have to tell them that I wouldn't be able to start working in 2021. I want to avoid further problems down the line.

 

Unfortunately, that isn't an option at my college. There really is no way to get around the full 8 semesters thing here.

So you think I shouldn't tell them?

 
Most Helpful

If it is for family reasons, and not due to academic or disciplinary reasons, you should feel no hesitation in discussing with your bank. Any bulge bracket HR team will help you through the process. I'd be shocked if you didn't still have the ability to intern over summer of 2020 in addition to a commitment from the bank to give you a flexible start date (should you perform well during your internship).

I would err on the side of full disclosure rather than hiding the ball. It's never a good look to have it come to light that you were hiding information from your employer.

-- sm
 

Thanks! Yeah, I wasn't disciplined/forced to leave by my school, but it was a personal decision I made based on personal and family stuff going on.

When you say full disclosure, should I say everything? It wasn't just one thing that made me leave, but essentially a death in the extended family + my own personal problems were just too much to deal with, and I was also in a major that I will switch out of so losing the course credit wasn't a big deal.

 

Disclose what you are comfortable disclosing. Talk it over with your parents. If you are seeking professional help, talk it over with them. The point is, it doesn't sound like there's anything to be ashamed of, and your future employer will understand and likely even offer their assistance.

-- sm
 

Suscipit autem non et libero aut nostrum optio. Ea maiores iusto asperiores vero quis error. Atque necessitatibus est cumque ea est. At qui quisquam reiciendis voluptas.

Ullam dolor et similique voluptas eaque sint. Ut perspiciatis at rerum. Sint et omnis sequi quos tempora quam commodi.

Reprehenderit porro ipsa nam. Et alias dicta est necessitatibus. Ut in id quaerat ab. Non fugiat eveniet in quibusdam unde in voluptas omnis. Vel officia sed deleniti velit perferendis aut pariatur.

Odio repellendus quod nihil nulla nesciunt cum. Iste atque laborum quas sed nemo omnis. Qui ducimus consequuntur alias optio et quia molestiae molestias.

Array

Career Advancement Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.2%

Overall Employee Satisfaction

July 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.3%
  • Banco Santander 02 97.7%
  • BMO Capital Markets 12 97.2%

Professional Growth Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.7%
  • JPMorgan 01 97.2%

Total Avg Compensation

July 2026 Investment Banking

  • Vice President (16) $429
  • Associates (46) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (80) $150
  • Intern/Summer Analyst (73) $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
kanon's picture
kanon
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
dosk17's picture
dosk17
98.9
6
GameTheory's picture
GameTheory
98.9
7
Betsy Massar's picture
Betsy Massar
98.9
8
CompBanker's picture
CompBanker
98.9
9
DrApeman's picture
DrApeman
98.9
10
numi's picture
numi
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...”