Fast-Track Offer, possible to break contracts?
Hey guys,
as a result of the fast-track application (after spring week program), I was offered a 2013 SA IBD position at a BB (non GS/MS/JPM), in the UK. Culture looks good, the programme is good for sure, and I have made some nice contacts at the bank.
Now, I am already doing a summer internship (3 months) at another BB (also non GS/MS/JPM) in the continental EU. After receiving a couple of offers in the recent time (Big 4 and some boutiques) my ego and balls grew vastly, so I was thinking about trying to land an 2013 internship with GS.
In short about me:
-A few attractive internships and activities on my CV (BB, societies)
-Very unique and interesting background and skills
-Good interviewing skills (every time I was interviewed (~5times) I received an offer, although I applied to huge number of the places I did not get many interview opportunities)
-Not so great business school (semi target I guess, public, EU)
-Not so amazing GPA
1) I will probably accept this offer for 2013 - looks like a good thing, and they were very kind to me. Would you recommend me to take it, considering that I might be able to land a better internship?
2) I was thinking about applying to all the banks anyway, just to practice my interviewing skills and network (and to visit the London couple of times for free). Would that be OK, or would they blacklist me if I turned their offers down?
3) Should I land an offer with a top 3 BB or boutiques, would it be possible to somehow break a contract for the programme which I accepted on the first place? I would try to make something up and bring a good reason, but I would not like to ruin my reputation, get blacklisted or something like that.
4) My future goals might be to move to a HF or do an MBA at a top school, and I think that GS, for example, would be the best name for this. Is the name of the bank very important (comparing high and low tier BB's), or is it my performance at the bank the important thing?
Thanks for the patience,
Regards
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A bird in the hand is worth two in the bush.
Take the offer chill out knowing you will have two IBD internships under your belt going into FT recruitment. If you receive a FT offer from your summer 2013 gig you will be in a prime position for FT recruitment and go big then.
Fuck you
I don't know what you've heard, but I need to be wined and dined before I go jumping into bed.
Thanks for your opinion. Do you know how much time are candidates typically given to consider if they want to take a FT offer? It is pretty tough to get a full time offer with companies that dont know me well and are prestige, I have always thought of an internship as a big shortcut.
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