Ivey HBA1 student here! A breakdown of some of the pros and cons I personally experienced:I loved being able to explore interests outside of business in the 2+2 program, and it helped in diversifying the classroom given some came from Eng, some from Science, some from Social Science, etc.Once you're in Ivey there is no lack of support from peers, profs, and admin staff. Career counselling runs mock behaviourals, and there's plenty of clubs with resources for whatever industry you're interested in working in.Because of the small class sizes your classmates truly do become family. Even though there is competition for jobs, no one has ever hesitated to help me in classes or preparing for an interview and I would always try to help them whenever I can.However, there is an obvious disadvantage to not starting business right away. Because I was in Psychology to start and didn't have any family connections, this upcoming summer will be the first time I hold a legitimate business job. Additionally, recruiting is ramping earlier and earlier, so those interested in finance must learn the lingo themselves and find summer internships often before they start in Ivey in September of third year.There is the risk of losing AEO. The majority of individuals who gain it do hold it, but some don't focus in first year and are the ones desperately asking for "bird" courses in second year to get the 85 average they need to meet an 80 overall.Because of the 2+2 program you don't get as much choice in electives, you can't get a specialization placed on your degree, and trying to do opportunities like exchange is more difficult.To reiterate for your second question, you're on your own for the first two years to find summer jobs (however regular Western clubs such as Western Investment Club can help), but once you're in Ivey the career management services are unrivalled. Hope this helps!