Internship Problem

Hello. I am a junior at Northwestern University who will be working as an actuarial intern at a major insurance company this coming summer. However, I have a predicament. When I submitted my application (in October) I indicated that I was doubling majoring in mathematics and economics and was anticipating that I would graduate in June 2018 (after my senior year). I was offered a summer internship and accepted it (in November). However, since I applied, I have changed my mind and will be graduating at the end of THIS spring (after my junior year) with a mathematics major and an economics minor. I made this decision for a variety of reasons including that I found out that I will have enough credits to graduate early, I am tired of college, it will save money, and I don’t think that getting a double major will be much more useful than a major and minor.

Anyway, my dilemma is that in the job description one of the qualifications was “Expected graduation date between Dec. 2017 and June 2018”. I listed on my application that my expected graduation date was June 2018. I also listed that I was doing a double major on my application instead of a major and minor.

So my question is what would you recommend doing now? Should I inform my company about these changes? I am worried that if I do so it would violate my employment agreement and I would no longer be able to intern there. On the other hand, if I want to work there after my internship I am going to have to inform them that I graduated eventually. Also, I may have to ask off for a day from my internship to attend my graduation commencement ceremony.

Technically when I applied for the position, everything on my resume was accurate, I was anticipating graduating in June 2018 and was in the university system as pursuing a double major. So legally I’m not sure that my company would be able to charge me with a fraudulent application anyway. Additionally, I don’t think they would be likely to cancel my internship at this point as things are already in motion and I don’t see why the company would give a darn that I graduated early anyway.

To conclude, what would you recommend doing in my position? Any advice is welcome. Thanks.

I’m going to suggest you post this question on the parents’ forum to get the best advice. Many will be employers themselves who could give you guidance about what they would expect in such a situation.