Should I drop out for a potential job?

I would like some advice about a potential opportunity.  I am currently enrolled in a top MSF program on the east coast and am trying to get into consulting.  I have an interview next week with an MBB consulting firm but was rejected from the other 2.  Through a friend, I have an opportunity to intern at a small hedge fund in Los Angeles which has the potential to turn into a full time permanent position.  However, I would need to drop out of school, and would have limited options if the hedge fund doesn't work out.  What should I do? 

 

I think this needs to be an open discussion with the hiring manager. Open up a dialogue on terms of the internship and possible FT conversion. Also, discuss the possibility of interning and school if they are interested in you having a MSF.

Or you could also delay the start date if possible. 

"If you always put limits on everything you do, physical or anything else, it will spread into your work and into your life. There are no limits. There are only plateaus, and you must not stay there, you must go beyond them." - Bruce Lee
 

So, he hinted strongly that with good performance the internship would become FT. He said they need the intern to be in the office physically so remote work is out of the question unfortunately. Didn't push for more details since I didn't want to make him uncomfortable. But I recently struck out with all the consulting firms I applied to so currently really uncertain about my future and what this program can even provide me...

 

I dont like the idea of dropping out of school for an internship but it all depends.

If they really like you, there's always common ground for negotiation. You can also dm and ask reputable HF people on this site regarding that shop, they may provide better advice

 

Its a new shop that opened this year so don't think there's a lot of info on it. I don't want to drop out either but the only reason I am attending this program is to get that "target" school on my resume so I could gun for those jobs... I was just rejected by MBB and a couple of other consulting firms so honestly, my future is pretty uncertain and I'm unsure of what this program can still provide me with.

 

This could backfire in many ways. Say you drop-out to take the job, and then in the interim, the HF blows up (which is completely possible). Then your out of a job AND you dropped out of school 

 

This is honestly my biggest worry and the reason I haven't pulled the trigger. However, on the other hand, the only reason I came here was to get that target school brand and gun for MBB and I was just rejected by all of them so I don't know what this program has to offer me anymore other than a great education which I don't really care for since that doesn't pay the bills...

 

A officiis et rem voluptas. Accusantium quasi quia perferendis doloribus id quibusdam est. Dolores in nisi earum dolores. Quam odio iure facere perspiciatis quasi necessitatibus et. Ea est culpa quae accusamus voluptatibus minima suscipit. Et qui praesentium rerum mollitia a sint expedita. Et perferendis omnis cupiditate non officiis.

Voluptate vel doloribus inventore voluptates consequatur. Et qui sint nemo voluptatem. Aut rem omnis ut. Dicta rerum voluptatibus accusamus quis.

Cum ut eligendi dolorem qui expedita iusto. Ipsum esse cupiditate sunt ut voluptatem.

Career Advancement Opportunities

April 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 03 97.1%

Overall Employee Satisfaction

April 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

April 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

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (87) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $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
BankonBanking's picture
BankonBanking
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
Secyh62's picture
Secyh62
99.0
5
kanon's picture
kanon
98.9
6
dosk17's picture
dosk17
98.9
7
CompBanker's picture
CompBanker
98.9
8
GameTheory's picture
GameTheory
98.9
9
bolo up's picture
bolo up
98.8
10
DrApeman's picture
DrApeman
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...”