Transfer Credits- Am I screwed or lucky?

Long story short. I transferred into a new school after my sophomore year. I was just informed that I may have 34-43 credits left AFTER spring 2021. Obviously 34 is much more doable than 43, but looking as if I may have to stay one extra fall semester.

I accepted a summer 2021 SA position this fall, but they were expecting me to be on track for Spring 2022. Is this going to be an issue, or did I maybe hit the jackpot in another semester of college football/an extra SA opportunity?

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Comments (9)

  • Associate 2 in IB-M&A
Nov 22, 2020 - 11:44am

Are you trying to go back to the same firm for the second summer?

If so this is probably an issue. If you want to do another SA elsewhere, just make sure your current offer thinks you're on track to graduate and the extra semester was your choice.

  • Associate 2 in IB-M&A
Nov 22, 2020 - 2:59pm

Because sophomores try to pass themselves off as juniors fairly regularly to get a good sophomore internship - have seen internships and FT offers rescinded for eligibility reasons if firm finds out true graduation date.

This isn't what happened with OP, but it's frequent enough that firms are pissed when it happens. Hiring a sophomore thinking they're a junior screws up your FT pipeline.

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  • Incoming Analyst in IB - DCM
Nov 23, 2020 - 6:44pm

Ok I appreciate the insight. My goal is to earn a FT position so I hope that either way it works out. Unfortunately it is out of my control now, but I will be honest with them and I hope they are understanding.

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  • Investment Analyst in PE - Other
Nov 22, 2020 - 12:50pm

Play it out with the internship, after it is over explain to HR the credit situation, say you would love to come back to intern again assuming you enjoyed your time there. Graduate in December and go travel in that spring that you have off. This is actually an awesome set-up would highly encourage you take advantage of the late graduation. 

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