Hi All, I have an offer for a bulge bracket IBD programme starting this summer. I am done with my classes since July and also have an offer to start working at an advisory boutique now (with a six month trial period during which I can quit or they can fire me with one week notice). I intend to accept the bulge bracket offer but already accepted the boutique offer a couple of months ago...Could I start at the boutique and quit at the end of the 6 months to join the BB? (my parents are pressuring me to earn some money and I do not want to do nothing during 6 months). Is it too risky for my reputation?
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Yea 6 months minimum is fine. Go for it
Thank you! What's the rationale? The partners know quite a lot of people, I am afraid they might say something to their friends at the BB...
I was a summer intern at the BB, got the offer at the end of the summer internship but I have to wait one year before my start date which is why I applied elsewhere...
Congrats on the BB offer. Would there be any problem in contacting HR to inform them of your intent to work at another bank for a few months to gain additional experience prior to starting with them? I'm not sure why they would have a policy, or frown upon, someone going out and getting additional experience prior to starting with them as long as that is your intention.
Might be good to be transparent with the other bank as well if you think they would still take you despite having a definite end date.
OK thank you all for your advice. Optimisticmonley, I really do not think that I can be that transparent and tell the BB that I have another offer. They could be afraid that I stay there etc. My main concern is that it is a small world and I would not like to be working on a deal or bump into the BB bankers during a meeting...
If the boutique made it clear that you could quit with a 1-week notice then I would work there until the BB starts.
If that's not the case I would explain your situation to your contact at the advisory. Inform them you're taking the BB offer, and offer to be a temp/intern for 6 mos. to gain experience and give them time to find another candidate.
That's being completely transparent and honest. They'd have to respect that.
If you can't succeed at doing both of the roles, you'll never succeed at doing one of the roles. Fact.
What do you mean? My concern is not being able to do the job or not. It is more a matter of reputation. I just do not want to get caught working for another firm by the BB and I will also have to put the boutique's name on my CV so I would not like them to give bad feedback for my future references....
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