A brief background: I am 2 years out of undergrad working in Tier 2 firm as a technical consultant and pursuing a part time masters in Computer Science from a Top 10 (but non target) school. Undergrad was a non target in CS with a very low GPA. To prove to myself I can perform well academically and override my GPA for MBB or an MBA, I decided to pursue a master's while working.
Not knowing much about management consulting, I unfortunately applied with a sub-par application for FT enty level to McKinsey and BCG last year. Which were rejected during screening process.
Would I be within the cool-off period to apply for a Summer internship (and finish master's full time)?
Or at this point, would it be better for me to wait after graduation and apply FT (potentially better application with promotion/full grad transcripts).