Ivey Kids Doing 5 Years of College?
Would appreciate some insight from anyone at Ivey. I've seen a good number of students on Linkedin do 5 years (EX. 2015-2020), and therefore do 2 BB/EB summer internships in their college career (have seen combos like Moelis/Silver Lake, HLRX/Point72, RBC/GS). Is this because they major in something else for 2 years before getting into the business school? Is this common and do firms care? Do these students just put their expected graduation for four years and extend one after? I would imagine that Moelis or HL RX wouldn't be too happy with hiring a summer analyst only for them to reject a FT offer to take a summer internship next summer at a MF or HF.
Bump
Pssh, how many 21 year olds do you think there are at this college? It's called fucking strategy, all right
Ivy
UWO Ivey HBA
bump
it can be a dual degree program in 5 years if you choose.
What is the benefit other than not getting full time comp and benefits?
Typically 20% of Ivey kids do a dual-degree, but I assume that number is going to skyrocket this year due to COVID-19.
Dual-degree is mainly viewed as a “hack” that gives you two shots at recruiting.
As an Ivey dual degree I would disagree that people see it as a hack for two rounds of recruiting.
I can’t think of a single friend of mine that decided to do a dual degree JUST for the second shot at recruiting. Hell, I had friends get return offers for “top groups” that WSO idolizes like Moelis LA and MBB jobs after their third year internship (out of a five year degree, so equivalent to a sophomore internship). They could have taken these return offers, not done the dual degree, graduated in four years and been set in their investment banking careers. However, they turned them down because they wanted to finish their dual degree.
Maybe people that are doing a dual degree in something more qualitative like international relations decide at the last second to do a dual degree for the extra shot at recruiting, but every single friend of mine that did an engineering and business dual degree had pretty much already decided in first year of college that they were going to do the five year dual degree. You’ve put in far too much time and effort into engineering over your first two years to not get the degree at the end of college. Plus, a lot of people like to finish both degrees because they find that they will actually both be useful in a career long term (especially with engineering dual degrees).
can you talk about how recruiting works? do employers know that the summer analysts aren't going to be returning FT because they're going back to school for another 2 years?
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