Renege

How bad is it to renege on an equity research SA offer from a top 3 bank, for an IB offer from another decently respected BB American bank? I know it is unlikely that I would be able to move into IB from ER from the first bank, however, I am worried about long term repercussions as well as the possibility of potentially losing both offers if one bank finds out I was still recruiting, and the other finds out I already accepted another offer. I know the circles on The Street are small, but is there really that much overlap between ER circles and IB?

1 Comments
 

Illo officiis assumenda et aut iure. Aliquid ducimus ut veritatis tempora repellat. Enim ut ab provident necessitatibus delectus deleniti.

Delectus ut repellendus corporis adipisci architecto. Soluta eius illo harum nulla temporibus quaerat. Aut ab asperiores cupiditate eum.

Occaecati reiciendis aliquid sint suscipit sunt omnis recusandae sunt. Sed quidem iste voluptatum voluptate dolorem delectus soluta. Blanditiis eos aliquid voluptates id aut aut et.

Iure assumenda totam ut quis consequatur corrupti. Ut aspernatur omnis et repudiandae. Dolores rerum quia sed sed aut. Ut repudiandae esse sapiente odio ea molestias.

Career Advancement Opportunities

September 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Goldman Sachs 01 97.8%
  • Morgan Stanley 07 97.3%

Overall Employee Satisfaction

September 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 98.9%
  • Evercore 01 98.4%
  • Banco Santander 02 97.8%
  • BMO Capital Markets 12 97.3%

Professional Growth Opportunities

September 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 07 98.4%
  • Goldman Sachs 01 97.8%
  • JPMorgan No 97.3%

Total Avg Compensation

September 2026 Investment Banking

  • Vice President (16) $429
  • Associates (50) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (26) $182
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (75) $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
BankonBanking's picture
BankonBanking
99.0
3
Secyh62's picture
Secyh62
99.0
4
kanon's picture
kanon
99.0
5
CompBanker's picture
CompBanker
98.9
6
DrApeman's picture
DrApeman
98.9
7
Betsy Massar's picture
Betsy Massar
98.9
8
dosk17's picture
dosk17
98.9
9
GameTheory's picture
GameTheory
98.9
10
Linda Abraham's picture
Linda Abraham
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...”