LA/Chicago politics

I got myself into quite the dilemma...

Not necessary to mention firms at this point, but what would you guys advise in the following scenario.

Got an offer for a shop in LA. However, we're stalling on a formal offer letter until the week of November 20th so that I can buy time to lease my condo. I'd have to accept/decline within 30 days of the formal offer letter. Note, I will not relocate unless I can dispose of the financial constraint of my condo in Chicago. (I prefer to lease vs. sell because it's a great investment property and besides real estate market to sell is challenging right now.)

Turns out the same company just posted 2 new positions in Chicago with a group I'd actually prefer, it has more visibility, greater deal flow etc. However, this group is much more competitive to get into vs. LA and my intuition tells me they'd consider me, but may truly looking for someone with just a tad bit more experience. Again, one never knows though.

I can't simultaneously pursue the Chicago opportunities while an LA offer is on the table. Or can I?

Any advice on how to navigate thru such a scenario?

0 Comments

Career Advancement Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.8%
  • JPMorgan 01 98.2%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 01 98.8%
  • Evercore 01 98.2%
  • BMO Capital Markets 12 97.6%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.8%
  • Morgan Stanley 05 98.2%
  • JPMorgan No 97.7%
  • BMO Capital Markets 12 97.1%

Total Avg Compensation

June 2026 Investment Banking

  • Vice President (14) $434
  • Associates (43) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (75) $151
  • Intern/Summer Analyst (67) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
kanon's picture
kanon
99.0
5
CompBanker's picture
CompBanker
98.9
6
Betsy Massar's picture
Betsy Massar
98.9
7
DrApeman's picture
DrApeman
98.9
8
dosk17's picture
dosk17
98.9
9
GameTheory's picture
GameTheory
98.9
10
Mimbs's picture
Mimbs
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”