Reneging on BB IB for MBB
So I have an exploding offer for a BB IB. They wont give me an extension and I don't want to not take it and have that assurance. If I got an MBB offer this summer would it be bad if I reneged for consulting?
Very bad if you want to apply for that bank down the road. Otherwise, no.
Risk is reduced since you're changing industries. I'd try and figure out which path you wanna start out with, though.
I have got the same dilemma. Following
If you want to do Consulting, it doesn't matter. It's the banks fault for giving you an exploding offer. Don't feel any remorse - sign the offer to secure your seat and then recruit for MBB. You have to take care of yourself because as firms showed in COVID they will not hesitate to lay off / rescind offers / push start dates when times are tough for them.
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