received offer a while ago at a tier 2 for ibd so I signed and accepted the offer, however recently have been made an ibd offer at a tier 1 (GS/JPM/MS) and now want to accept the new offer - how do I go about reneging without risking both offers being withdrawn or being blacklisted from the tier 2? thanks!!
Trending Content
Career Resources
Tier 2 as in Citi/BAML etc.? If so, it might make more sense for you to honor your contact. You can always lateral but you don't want to risk the other firm finding out your reneged/getting blacklisted.
But the tier 1 offer I got is for my dream bank, I've always wanted to go there since I was like 18 :/
Confirm that the top IBD is ok with you renegging
Won't they withdraw their offer as soon as I say I've already accepted another?
That's on them. Just give them full information.
Agree with above. Make sure the Tier 1 is okay with you reneging the Tier 2.
However, in saying that though. If the Tier 1 is okay with you reneging, and you do renege. Be aware that you with a 99% chance will not be able to rejoin the Tier 2 for a future SA/Graduate role if need be (this comes from personal experience).
However, again having said that, I'm sure it will not be a problem lateraling further down the line to the Tier 2 if you choose to become a career banker.
Ullam rerum ex reiciendis dolores expedita ipsum numquam laboriosam. Nam est deserunt corporis quia fugit neque labore. Temporibus non qui quod et. Adipisci reiciendis perferendis nam nostrum. Sunt minus velit ut.
Sapiente voluptates repudiandae non sint laboriosam. Et veritatis deserunt architecto qui non. Pariatur est aliquid voluptas quidem est enim quas.
Quam omnis hic sunt earum ullam quam. Ut ullam in asperiores id cum. Sed temporibus necessitatibus qui dolorum nostrum. Sed nulla reiciendis magni sed eius corrupti quia.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...