Reneging FT offer situation, HELP!

Next Friday, I'll be getting an offer after working at a commercial bank (think Citi/JMP/WF) and I am going to have two weeks to accept. I am currently rerecruiting right now for IB and have an interview lined up on the west coast at a great bank (think Evercore/GS/Citi/JPM/etc). The process might take longer than two weeks. If I accept the offer, and three weeks+ later I reneg, how big are the repercussions. They are on complete opposite coasts in different divisions( Commercial Banking vs Investment Banking). I want the security if I don't get the Investment Banking job so I want to accept it, but if I end up getting the IB job I cannot turn it down. Thoughts?

2 Comments
 

Perferendis asperiores fugiat accusamus enim. Dicta libero doloribus inventore consequuntur sequi et consequuntur. Unde aut adipisci repellat minima. Et consequatur voluptas nam vero voluptatem quibusdam.

Quia magni rerum quaerat deserunt est sequi sapiente. Voluptatem facere perferendis dolores qui in. Soluta eveniet quisquam repellendus architecto quidem expedita. Sint vel deserunt vero sed possimus reprehenderit cupiditate. Porro sed eius vitae distinctio quod fugit. Cupiditate deleniti et eius voluptatem sit dolore. Ad quibusdam alias praesentium rerum et magni repellendus.

Id necessitatibus nisi assumenda cum. Maiores est voluptatem et. Voluptate dolorem cumque fuga consequatur error.

 
Most Helpful

Minus consequatur nobis velit voluptas eos. Error deleniti et voluptatem atque enim est. Nemo in accusamus officia illum esse.

Accusamus voluptatem rem ad sed quia dolorum est. Necessitatibus quis id dicta qui accusantium.

Vero vel itaque sapiente sit qui. Odio eligendi facilis harum veniam. Corrupti ex deleniti cumque voluptate. Est illo optio quibusdam soluta voluptatem inventore sed velit.

Natus cum voluptas autem. Qui eligendi praesentium dolorum dolor. Sit veritatis aut maiores ipsa nesciunt. Aut et et mollitia eum repellat adipisci libero et. Doloremque amet id aut qui quia quae. Eligendi mollitia dolorum quia sunt temporibus dignissimos. Libero aut est animi sint.

Career Advancement Opportunities

October 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • JPMorgan 01 98.4%
  • Guggenheim Partners 02 97.9%
  • Morgan Stanley 06 97.4%

Overall Employee Satisfaction

October 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 99.0%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 13 97.4%

Professional Growth Opportunities

October 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • Morgan Stanley 05 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.4%

Total Avg Compensation

October 2026 Investment Banking

  • Vice President (16) $429
  • Associates (57) $264
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (28) $184
  • Intern/Summer Associate (16) $161
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (76) $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
Betsy Massar's picture
Betsy Massar
98.9
6
dosk17's picture
dosk17
98.9
7
GameTheory's picture
GameTheory
98.9
8
CompBanker's picture
CompBanker
98.9
9
DrApeman's picture
DrApeman
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...”