Offer Question - Just wrapped up SA stint

So I just wrapped up my SA stint - and we have a very messed up system of getting our offer decisions.

We can have an early decision process, where we find out in a week, but have only 2 weeks to decide OR we can do the normal process, where we find out in mid/early Sept, and have 4-6 weeks to decide.

I think this is terrible, we don't officially know our status, which is obviously a problem if we are to interview elsewhere.

My situation - I have been told by my staffer during our end of summer review, that I am basically getting an offer, that everyone liked me/great fit, and that they would be disappointed if I didn't return. Everyone in my group has basically hinted at the same points as well, and the two directors I worked with said they hope I'm back next year.

I don't want to lie, but I have considered other shops and will be doing some interviews next week. Can I just pick the normal offer process, and tell banks that I have an "informal verbal offer", given my situation?

The last thing I want to do is to blatantly lie, but the alternative I suppose is to accept and reneg, which I'd rather not do if I can avoid...

Thanks in advance

1 Comments
 

Earum tenetur inventore esse tenetur. Autem fuga optio et est quia ut rerum. Animi consequatur ipsum doloremque quaerat.

Rerum iusto doloremque velit non eos. Delectus recusandae tenetur sit ut dolores tempora similique. Voluptatem veritatis et at est asperiores. Atque repudiandae nostrum possimus voluptatem enim ut et. Quidem eos iure est aut error autem. Nam ex debitis similique vel cupiditate consequatur repellendus.

- Capt K - "Prestige is like a powerful magnet that warps even your beliefs about what you enjoy. If you want to make ambitious people waste their time on errands, bait the hook with prestige." - Paul Graham

Career Advancement Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.8%
  • JPMorgan 01 98.3%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 02 98.8%
  • Evercore 01 98.3%
  • BMO Capital Markets 12 97.7%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.8%
  • Morgan Stanley 05 98.3%
  • JPMorgan No 97.7%
  • BMO Capital Markets 12 97.1%

Total Avg Compensation

June 2026 Investment Banking

  • Vice President (14) $434
  • Associates (44) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (78) $151
  • Intern/Summer Analyst (72) $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
kanon's picture
kanon
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
Betsy Massar's picture
Betsy Massar
98.9
6
DrApeman's picture
DrApeman
98.9
7
CompBanker's picture
CompBanker
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...”