Exploding Offer
Hey all,
I got an offer from an investment management firm ($2 B AUM) yesterday for a summer internship and was told to call Monday with my decision. Problem is, I interviewed with another place I'd rather intern at, but haven't heard back yet. I really dont want to turn down the first one and end up with nothing, but I also don't want to agree to it and then find out I got the other offer. Question is, should I email the place I'm waiting to hear back from first thing tomorow morning saying that I have an exploding offer from X and that I just wanted to see what the status of applcation was? Im not even sure if i'm going to have to do a second round or if they have enough to decide. I know its risky, but I dont see any other options...





Yes you should definitely let
Yes you should definitely let the place you are still interviewing at know that you have an exploding offer ASAP. You should also ask the firm that gave you an offer to extend the deadline for accepting for a few days, which is usually not a problem.
The Macro View
http://themacroview.wordpress.com
I would accept the offer at
I would accept the offer at the investment management firm and if you receive an offer from the more desirable firm, renege on the first one. If you don't receive an offer, then at least you are still set for the summer.
Nothing wrong with reneging other than burning a few bridges, but since it sounds like a private fund, you really don't have that much to worry about.
Theteller wrote: I would
I would accept the offer at the investment management firm and if you receive an offer from the more desirable firm, renege on the first one. If you don't receive an offer, then at least you are still set for the summer.
Nothing wrong with reneging other than burning a few bridges, but since it sounds like a private fund, you really don't have that much to worry about.
Agree.
skype wrote: Theteller
I would accept the offer at the investment management firm and if you receive an offer from the more desirable firm, renege on the first one. If you don't receive an offer, then at least you are still set for the summer.
Nothing wrong with reneging other than burning a few bridges, but since it sounds like a private fund, you really don't have that much to worry about.
Agree.
No, try to do what macro said.
nyg92 wrote: skype
I would accept the offer at the investment management firm and if you receive an offer from the more desirable firm, renege on the first one. If you don't receive an offer, then at least you are still set for the summer.
Nothing wrong with reneging other than burning a few bridges, but since it sounds like a private fund, you really don't have that much to worry about.
Agree.
No, try to do what macro said.
Thats what I meant. Haha.