Extremely time-sensitive: 2019 SA offer at a BB S&T or continue with recruiting for IB

Howdy WSO folks. Always a follower, but not much of a poster; now I need your help!

So long story short: I have a 2019 SA offer for S&T at a BB. And it explodes tonight.

My dilemma comes from the fact that as the recruiting season is pushed up, I am torn between where I see myself (IB or S&T). Yes, I have thought about the pros and cons of both industries; considered the culture and network of the bank that I current have an offer at (super deep, lots of alumni that I have already connected with). But I still feel as if the advantageous career start belongs in IB. Now, there's risks that I have to think about. If I give up this offer, I face the challenge of securing an IB SA offer in the coming months, and with my credentials (3.44 GPA, super competitive target school), I run the risk of not placing well. What are your opinions on my position? I think I would excel in a S&T role, and though the option exists to pivot into IB once I'm at the BB if I don't like my summer, I would most likely want to stay in S&T if I were to pursue that path. But alternatively, I really enjoy the fundamental valuation skills and deal experience you can gain from investment banking.

5 Comments
 

If recruiting was a pie, I'd say 2/3 of the pie is gone by now. All of diversity is done, and spots are being filled up on a rolling basis for a lot of the others. My school is interesting because banks have been recruiting a bit later (for instance, a lot of my peers have had their superdays in the past 2-3 weeks), and some banks haven't even started.

 

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