Consequences of reneging?
Have signed a grad offer for SS ER a week ago but got an offer from citadel/p72 for their graduate program today. Know I want to do MMHF but concerned how reneging on FT would affect me.
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You’ll burn your bridges with that one firm, but there are countless other firms. In three years from now after you’re more than likely fired from Citadel, no one is going to fault you for turning down Asia Kate Dillon to go to prom with Malin Akerman.
This is the way
The analyst / director of research will be irritated, but remember SS ER is a cost center for banks so ultimately their opinion of you does not matter, the sales & trading managers run the desk. Imagine you are a buy side investor at Citadel and you come in to this banks trading desk wanting management access, research reports, or (!) to execute some trades. The sales manager would drag the ER analyst out back and shoot him if a protest was raised because you reneged an offer coming out of school. Just don't worry about it at all.
Not OP but in a similar position. About to do final round for the same firms mentioned above but have a return offer that’s exploding soon from mid tier sellside. Fund should know that I applied pre signing the return offer but I’ve had to accept it early this week since the shop wouldn’t accelerate me.
Concerned interviewing PM’s will get annoyed and make me lose both offers.
Bruh who cares you’ll be the client?
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