Concerned About IB Offer
Hello all!
To keep a long story short: I had an IB generalist Off-cycle offer from a MM which was rescinded due to “the current economy” (verbal offer only, no contracts signed).
Networked like crazy and got another OC offer from my dream firm (very respected EB) in a product group. I’ve signed the contract with them, but am still scared it might be taken away. Am I going mad? Is this just a ptsd-type of fear?
Was told background checks would start c.3 months prior to the start date, which is right about now. Should I wait a few weeks before getting in touch? Realistically, aside from failing background checks, what are the odds the offer is pulled, now that I’ve signed the papers?
PTSD is peak still, just pray or maybe get a backup offer tbf
Signed rarely ever get rescinded and if they do it’s usually due to background checks ie criminal conviction. I get the PTSD but you’re fine.
Hi man, looking for OC, is there anyway tips you can provide for networking and technical prep?
Hey man. Networking is more of a US than UK thing, from what I’ve found, so my advice would be to keep as specific as you can and also play the numbers.
Know who (prod/cov group) you’re getting in touch with and what transactions they’ve worked, what prior work they’ve done and just shoot your shot: ask for advice how to be a better candidate and if they have time for a coffee chat. Literally the worst that can happen is they don’t reply. It’s a long process but you have to persevere. But you have to be able to explain why you’re aiming for this specific bank/firm and why you got in touch with THEM.
Technicals is literally going through the long 400 IB Q&A. You can do a couple of modelling courses but I wouldn’t stress those. Good luck.
Could provide the name of the MM? Might help others dodge a bullet
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