Past exam of the linear algebra course of the University of Oxford / 2021 / 1 / a / ii

No. Over any field $F$, take $V=F^2$, let $T=I$ be the identity operator, and choose the vector subspaceBoth $U$ and the quotient vector space $V/U$ have dimension one. A one-dimensional vector space has no nonzero proper vector subspace, so neither can have a nonzero proper invariant subspace. The induced linear map on a quotient vector space is again the identity operator.

However, $L=\mathrm{span}\{e_2\}$ is another nonzero proper vector subspace of $V$, and $T(L)=L$. HenceThe hypotheses do not prevent a direct sum $V=U\oplus L$ whose two summands are invariant subspaces.