How do I use one offer to make myself more attractive for another offer?IB
Today, I received an offer to intern at a regional research boutique (not my dream job, but something's better than nothing). The recruiter asked that I contact him to work out offer details (start date, pay, etc.), and I feel obliged to contact him soon given that final exams are done at the end of next week.
I have one other internship prospect that I am much more interested in (investment banking position at a regional boutique). Last Wednesday, the recruiter told me that he was looking through resumes and would get back to me shortly for interviews.
My plan is to send the recruiter an email explaining that I have an offer on the table and would like to know where I stand in their recruiting process. I think by saying I have another offer, I'll appear more attractive.
My question to all you WSO'ers is: how do I word the email? Should I say I have an offer at a regional research boutique, or should I be more vague and just say I have an offer for a finance position? My concern is that equity research won't carry much weight (maybe even hurt me), so it might be in my best interest to leave it a mystery.
What are your thoughts? Any insight would be greatly appreciated.