SA '21 or FT '21 Recruiting? Which should I pursue given my circumstances?

In search of advice from those who might have been in my shoes or have insight into my situation.

For background, I attend a large non-target school in Colorado (think CU, CSU, DU). An internship was lined up for Summer 2020 at Bessemer Trust, on the investment team in NY. Those plans fell through.

I am now planning to intern at an Options-focused investment advisory firm, a regional boutique healthcare bank, and a lower MM bank (based in Boston, with a strong presence in Colorado). All three internships will likely take place between now, August '20, and late May '21. I also graduate May '21 and will do so with a 3.8 GPA.

With that in mind, I am pursuing SA '21 AND FT '21 positions, in tandem with an IB focused recruiter.

TLDR, my question is this: Should I continue pushing for SA '21 positions, secure the job and then disclose my need to join the analyst class sooner? Or should I aim for more regional SA '21 positions and hope that all of my experience will land me a FT '21 job?

I ask because I know that analyst classes will likely shrink in the coming year and almost all of the FT spots will be reserved for SA '21 pipeline interns.

I could also consider a part-time MBA while working solely at a Regional Boutique, or get a Msc Finance as a last resort. My mind is open to criticism and ideas.

 

Quia optio minus sit. Debitis enim sapiente numquam rem consequatur deserunt ut nostrum. Possimus numquam soluta non sit et itaque.

Distinctio non perspiciatis assumenda voluptate porro. Dignissimos facere dolores corrupti adipisci et non ut animi.

Officia sequi ex porro id. Fuga sed pariatur officia officia aut. Quam soluta a quo eum earum ea distinctio. Tempore id id cupiditate quis fuga.

Delectus aspernatur ipsam soluta dolores deserunt quam. Quis unde blanditiis magnam aut. Tempora nulla est exercitationem nihil. Dicta dignissimos et suscipit fuga ipsa. Eaque doloremque ipsum eaque assumenda fuga dolorem.

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

Career Advancement Opportunities

May 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 04 97.1%

Overall Employee Satisfaction

May 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

May 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

May 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (20) $385
  • Associates (89) $259
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (67) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $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
Betsy Massar's picture
Betsy Massar
99.0
3
Secyh62's picture
Secyh62
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
kanon's picture
kanon
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
DrApeman's picture
DrApeman
98.8
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...”