I'm a college senior (top-3 Ivy), and have accepted through fall recruiting an offer at a top-2bank. My goal all along, however, has been to get into PE. Just a couple of weeks ago, a top-tier PE firm (think , TPG etc.) posted a ad on our career services website looking for an analyst to join straight out of undergrad. I obviously replied right away and have an interview with them next week. While there's obviously no guarantee, I'm confident in my chances of receiving an offer (I have a pretty strong resume and work experience, always interview well as I've never lost a job after being given a preliminary interview, and the fact that it's so late in the recruiting process means my competition is probably somewhat limited.)
I have a couple of questions. First, assuming I receive the offer, would it make sense to accept it? While this might seem like a no-brainer, I'd be hesitant to do so given that I've already accepted a banking offer and would therefore be hurting my reputation by rescinding (finance is obviously a small world and my reputation is extremely important to me). Second, I'd be nervous that I wouldn't be given the same responsibilities as would another first-year analyst who entered PE after a 2-year banking stint. I will definitely try to figure out during my interview if I'll be treated exactly like a post-banking analyst or if the role will be slightly different, but it's tough to tell for sure until I'm actually working. Anyway, are my concerns about taking this job warranted? It seems like an unbelievable opportunity (again, think top-5 PE firm hiring straight out of undergrad), and would I be foolish to turn them down based on the concerns listed above? I'm looking for answers from people already working in PE or having at least gone through the recruiting practice. Thanks in advance.