If you're confident with doing well in your finals I would say a month before the end of the semester. If you're not just apply after finishing your finals that way the interview process will not interfere with your schooling.
Exactly. It's kind of a distraction to have to do all the job hunting work while you should be focused on finals, so get it out of the way early. I've found that if you are honest and straight up with the company, they will schedule you in starting after your finals. They usually don't mind the month wait because it gives them a chance to do all the administrative work surrounding a new hire.
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