Super-Senior Investment Banking Track -- Will This Work?

UBS Asset Management & Financial Advisor/Stockbroker Internship is my job title for this summer BTW at UBS

When you say AM do you mean PWM, FoF or traditional AM? Banks have no problem as long as you're graduating the fall or spring after your SA.

Why do you have an internship already picked out? Most recruiting even for sophomore spots doesn't start till Winter/after the new year. You're much better off doing a boutique IB internship this summer and then a BB IB one the next summer. PWM to BB IB is a tough jump (though certainly possible) and the IB this summer will make you much more competitive for better gigs.

That's what I did. Currently wrapping up my final semester.

First, I am not sure where you are located and what kind of internships are available during the academic year, but I would focus on trying to get some kind of PWM under your belt (assuming you haven't done so already) and then going for a boutique IB internship for the upcoming summer. It's the cliché path of a prepared candidate (from what I have seen) but can never hurt. It's much easier to sell your story once you have been exposed to some of the more market-oriented fields and received a little taste of what IB is actually like through a boutique internship.

With regards to the super-senior recruiting issue...I know about 5-6 people directly at my school from my analyst class and the one a year ahead of me who were in the same exact situation as you. None of them had problems during the recruiting process -- although I remember one of them being a little more open about their situation and consequently receiving a bit more scrutiny in terms of his background and "why banking?" so late in the game. The key takeaway I recall from their experiences is to just be careful with your words. You have nothing to be ashamed of by doing SA recruiting a year later and staying at school for an extra quarter/semester/year. That being said, understand that this is not the norm and you should be cautious about proactively sharing your situation. This is something you can't lie about, but it's also something that can often be easily avoided in conversations/interviews depending on how you choose your words and frame your resume. From that group of 5 I mentioned, I know that 3 of them ended up with offers at multiple places and the whole subject of their actual year in school never came up during the recruiting process. They didn't skirt around any questions or hide any truths, they just simply crafted their stories in a way that didn't blatantly suggest they had already been in school for 3+ years.

Note, I have read about some concerns on this site regarding super-senior recruiting due to OCR/applications restricting the internship listings to juniors only. I can't say I am familiar with this since our school's OCR restriction is on expected graduation period and not current standing (e.g. a junior and "senior" can both say they are expected to graduate in Spring 2016).