Reneging BB

I recently received an offer from a separate industry (think F500/consulting), and am considering reneging my FT S&T offer at a BB. I was never keen on S&T due to decline in pay and limited exits, but accepted it because of the economy and the vastly reduced hiring across all industries that's made it so much harder to get an offer.

Anyone have experience with this in S&T and know what's most likely to happen? I did NOT get the S&T job via OCR, but did get the new offer from OCR. I won't post anything on LinkedIn. Would career services tell the BB where I was hired, if they even have access to that? Thanks

5 Comments
 

Hard to give exact details because as I'm sure you understand I don't want to give up too much. The role has solid b-school placement and exits into PM or strategy roles well. Pays nicely too.

As for S&T, having spent time there I know my role would be pretty narrow. I could go buyside after a couple years, but I just don't know if I want to be in the markets. I suppose I could get a MBA to switch, but I would still have no transferrable skills outside the markets.

Also important to note that I'm asking this question bc I have other interviews soon with MBB/T2 and FAANG. I'm not 100% sure I'd renege for the offer I just got but definitely would for upcoming companies.

 

Deleniti dolores est nam aliquam modi. Explicabo rerum deserunt numquam doloribus unde itaque. Tempora quia pariatur est. Fugiat facere sunt dolores iste.

Recusandae dicta et est ea voluptas. Consequatur autem excepturi consectetur ea. Et quia est libero ipsum exercitationem reprehenderit. Quis doloribus et sint voluptatem iusto labore.

Fugit a qui quia consequatur ut ducimus deleniti. Numquam sequi suscipit saepe eligendi. Voluptas nesciunt voluptates non vel. Quo veritatis nam quia aliquid iusto et.

Career Advancement Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

July 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.3%
  • Banco Santander 02 97.7%
  • BMO Capital Markets 12 97.1%

Professional Growth Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.7%
  • JPMorgan 01 97.1%

Total Avg Compensation

July 2026 Investment Banking

  • Vice President (16) $429
  • Associates (46) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (80) $150
  • Intern/Summer Analyst (73) $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
kanon's picture
kanon
99.0
4
Secyh62's picture
Secyh62
99.0
5
dosk17's picture
dosk17
98.9
6
Betsy Massar's picture
Betsy Massar
98.9
7
CompBanker's picture
CompBanker
98.9
8
DrApeman's picture
DrApeman
98.9
9
GameTheory's picture
GameTheory
98.9
10
bolo up's picture
bolo up
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...”