I have one grad scheme offer and one internship offer, what is the best strategy?

I am lucky enough to have an internship offer from company A and grad scheme offer from company B.  The internship is this summer and the grad scheme starts a few weeks after the internship ends, I have signed both offers.   My first choice would be to get a grad scheme offer from company A and work at company A instead of company B, the grad scheme offer at company A would start at the same time as the company B grad scheme.


What is the best way to play this?  Should I tell company B about company A or vice versa?  If I do end up getting a grad scheme offer from company A, would it be okay to renege on the offer from company B?  How much notice would I need to give?  Would it be a bad idea to update my LinkedIn status to say that I am doing an internship at company A?

 
Most Helpful

In my opinion, you should not show your cards to company B. They might take it badly.

One thing is for sure, you already got the offer from B in your pocket. Now getting a grad from A is unsure. Worse scenario you’ll go to B if A grad fails and you’ll go to company B with even more experience which they will appreciate more. Go to company A, use company B’s offer for leverage and try your best to get an offer from A. If you get a grad position from A, just respectfully reject the offer from B - this is the job market, they will understand. Worst case, you get blacklisted from B for a couple of years, which should absolutely not matter. If you are great at what you are doing, B’s doors will never close on you…

 

Molestiae et aut distinctio sint est ea ipsum. Magnam est voluptates fugiat tempora. Non laboriosam et repudiandae placeat quasi placeat.

Porro fugit voluptas sint quas ut. Aut sapiente eum voluptatem ut qui. Natus laborum vel mollitia magni.

Provident sed enim et minima impedit accusamus. Ipsum velit dolores fugit sunt. Sed distinctio et quas.

Career Advancement Opportunities

June 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Perella Weinberg Partners New 98.9%
  • Lazard Freres 01 98.3%
  • Harris Williams & Co. 24 97.7%
  • Goldman Sachs 17 97.1%

Overall Employee Satisfaction

June 2024 Investment Banking

  • Harris Williams & Co. 19 99.4%
  • JPMorgan Chase 10 98.9%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 05 97.7%
  • Moelis & Company 01 97.1%

Professional Growth Opportunities

June 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.9%
  • Perella Weinberg Partners 18 98.3%
  • Goldman Sachs 16 97.7%
  • Moelis & Company 05 97.1%

Total Avg Compensation

June 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (22) $375
  • Associates (93) $259
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (69) $168
  • 1st Year Analyst (206) $159
  • Intern/Summer Analyst (149) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”