Hey everyone. I made an ID specifically for this question, and even though I read a lot of good threads about it I am hoping to get some input on my specific situation. I am a junior and recently got an offer from a fortune 500 firm for a finance internship. I thought it was pretty good and even though I was set on getting into a BB or MM IBank, I did not have anything else lined up so I verbally accepted over the phone. I did not get specifics on start/end dates pay, or even the specific area I would be working in.Fast forward about a week later I get an offer from a quality MM IBank through my school's OCR, offer expires in a few days.
Basically I am worried about the ramifications of reneging on my verbal acceptance, first from my university. Although I did not get the offer through ocr, the company does get a good amount of interns from our school. I dont really think they can ban me from the career center but definitely has crossed my mind. Secondly, I have read that through the grapevine the MM firm may here I reneged and take away my offer. I know one is a bank and the other a f500 company so, again, I am not sure if I should worry about this.
I really think this is better for my future and I am pretty set on reneging I just wanted to get some heads up from people who have been there before. Thanks.