Two questions about reneging non-IBD offers

1. Is it worth it to renege on a top 2 Big 4 audit internship for a no name boutique that's not in NY (think southern USA)? What about a boutique that only focuses on capital raising / private placements? Investment management firm?

2. Has anyone asked the firm to rescind your offer instead of backing out yourself? (trying to game the system to avoid trouble with being kicked out of OCR)

Ultimately, the goal is IBD in NY, but I'm trying to figure out if I should do Big 4 audit, transfer to TS, then IBD, or if no name boutique is a better starting point. I get that relevant experience is usually most important, but is a small boutique in Louisiana really better than a Big 4 position in a big east coast city? Thanks everyone.

Yes, I used the search function too.

 

Illo ex ratione ex aspernatur. Quasi autem dolores est a animi eaque sit. Quidem magni libero praesentium at sunt. Reiciendis quo sequi ratione ut voluptas alias ratione. Deserunt autem culpa consequuntur vitae quae expedita beatae.

Nisi quos sit ratione sint. Quia vel voluptatem asperiores exercitationem odio eos. Enim tempore dolor hic qui. Et facilis molestiae et rem nisi repudiandae expedita doloribus.

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (87) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Betsy Massar's picture
Betsy Massar
99.0
5
kanon's picture
kanon
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
Jamoldo's picture
Jamoldo
98.8
10
Linda Abraham's picture
Linda Abraham
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”