Accept offer or chance another interview process and waitlist

Rising junior with SA offer from top MM that expires this week. was not able to accelerate DB interview process but was basically guaranteed an interview in August from MDs. I am also on BAML's waitlist. Should I risk waiting this out and decline my MM? Or just accept it.

6 Comments
 
[Comment removed by mod team]
 

Had a simialr dilemma for FT. Always accept the first offer, then the other offer comes in be it BAML or DB- drop out and take it on instead. This is a ruthless business and the banks would show you no sympathy on the flip side so always do what is in your best interest. I just emailled the offer I renged from and said I decided to take another option (without revealing bank name). Good luck :) 

 
Most Helpful

Is this a group-specific offer? I would go top MM without hesitation assuming you are in the group of your choice and there's a cultural fit. BB would give you a slight advantage for exits, but not that much of a gap between top MM and DB. BAML is a different story ONLY if you're able to land the M&A/FSG/LevFin groups, which is far from guaranteed and the rest of the coverage groups mostly end up same places as MM bankers anyways. Don't forget materially higher comp at the MM relative to BBs. 

Obviously, if you had offers from all three I would say take BAML and then a toss up between MM and DB depending on bank/group prospects. The reality is that you're only on the waitlist for one and don't even have an interview yet for the other. Not enough reward to justify the level of risk you'd take by letting the MM offer explode. 

For reference, I'm at a top BB group myself, but I think MMs are underrated on here. Very bank/group dependent, but FWIW I've seen a ton of MM analysts exit to the same places as many people from my bank. 

 

Repellendus deleniti aut velit fugiat dicta voluptas. Ipsum optio deleniti odit provident beatae molestiae nihil. Quae ea rem omnis excepturi. Error cupiditate similique non quam tempora quas. Atque voluptatem temporibus doloribus qui est asperiores dolor. Minima qui iusto magnam consequatur magnam dolores.

Perferendis ipsum ut natus vitae aut voluptatem. Nesciunt enim et ut totam mollitia autem. Esse sit consequatur in nihil nam qui reprehenderit. Eum nemo temporibus et nostrum ea. Quia quia numquam voluptatibus tempore hic consequatur totam et.

Sed at quo ipsam itaque autem. In quis dicta incidunt eligendi corporis ducimus est. Et et saepe tempore temporibus est aut sed. Iusto blanditiis odit eum reprehenderit esse.

Ducimus est veniam laborum provident. Minus omnis natus et sapiente hic aut. Vel iste facilis molestiae numquam est enim. Veritatis perferendis accusantium facere quia.

Career Advancement Opportunities

September 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Morgan Stanley 07 97.9%
  • Goldman Sachs 02 97.4%

Overall Employee Satisfaction

September 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 98.9%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 12 97.4%

Professional Growth Opportunities

September 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 05 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.4%

Total Avg Compensation

September 2026 Investment Banking

  • Vice President (16) $429
  • Associates (55) $261
  • 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
kanon's picture
kanon
99.0
3
Secyh62's picture
Secyh62
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
DrApeman's picture
DrApeman
98.9
6
Betsy Massar's picture
Betsy Massar
98.9
7
GameTheory's picture
GameTheory
98.9
8
dosk17's picture
dosk17
98.9
9
CompBanker's picture
CompBanker
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...”