I'm curious to see what the consensus is here. How is reneging a non-IB offer (anything from audit, to consulting, to risk, to wealth management) in favour of an IB offer viewed in the industry? How likely would you say blowback or firm A contacting firm B is to be in such a case?
Thanks!
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Been covered plenty of times on here, but it literally doesn't matter. Even reneging an IB offer for another IB doesn't matter. No firm is calling across the street and blackballing an intern over reneging.
The only thing it impacts is your ability to go back and work for the firm you reneged on.
Thank you; apologies, I had a little trouble finding something on this in particular here. Thanks again!
Don’t post it on LinkedIn tho
Yeah true that's probably a good shout, best to keep it on the low
i’m not in ib. but i have a friend who is and he told me when he reneged his FT offer after summer internship for another shop, this guy tried figuring it out and screwing him over. definitely an interesting world
Would obviously not do this at the same firm but do what is best for you. don't say where you are going and don't announce it all over linkedin/post "incoming SA" but ultimately no one is going to be exacting revenge a year later when you pop back up with a new role
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