How to hand off an internship I’m reneging on
I’m a rising junior who accepted a 2025 offer at a known MM bank that I’m going to reneg on for a buy-side offer. I have a friend who would want the internship and is qualified, however, I’m not sure how to go about reneging to give him the best shot possible. Should I recommend he reach out to “network” prior to my reneg to boost his chances or is there another way?
Edit - He goes to a different school and we have nothing in common on our resume and this bank has finished its recruiting cycle
I don't think there's any way of achieving it. Only method would be after reneging and they post again, you tell your friend which people to reach out to and what to talk about, which isn't a huge boost at all.
Is it not likely that if he reaches out to HR now and has a good conversation, that they’ll ask him to interview or at least boost him prior to posting?
Since recruitment is done as you mentioned, they likely won't give him an interview now but might be good to reach out before posting goes up since that'll make things more competitive.
From my understanding they probably have a “waitlist” of other applicants who barely missed the cut and will hand it off to the next guy in line.
lol what a high opinion of yourself you have if you think you can just fix internships for people when you yourself haven't even completed one
Not that deep he’s just trying to help out a friend
Shut up
you sound like a fucking loser who works at some shit LMM in the middle of nowhere if you’re that mad about a college kid trying to help out his friend
No I'm not.
Who gave this whiny little bitch 5 SBs? That’s why this site is going downhill. If OP recommends their friend fill his spot, you can guarantee that friend won’t get an offer because of their relationship. Common sense buddy.
You can't. Renege and then go away. Realistically firms will NOT want to hire your buddy after you renege, so he has a better shot just applying and pretending he does not know you.
Kudos for wanting to be a good friend. Lots of finance hardos who would lean more towards fucking over friends to get ahead. But a bit naive to think this could work
Steve is that you?
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