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.
| +106 | At what point should you give up? | 57 | 9h | |
| +37 | Recruiting while unemployed | 16 | 1d | |
| +37 | I am lost on the next step - Need Advice | 8 | 4d | |
| +25 | SF vs NY IB Stint | 10 | 2d | |
| +22 | Incoming freshmen at bocconi - SA 2025 recruiting | 15 | 1d | |
| +19 | NYC Consumer PE/Growth Funds with decent comp but amazing WLB? | 6 | 1d | |
| +19 | Trying to break into IB | 7 | 11h | |
| +18 | Job Switch Advice | 3 | 19h | |
| +17 | Career Path Advice Needed | 5 | 6d | |
| +16 | SHIFTING FROM LAW TO FINANCE | 10 | 16h |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
The difference between DB and definitely BAML compared to a MM is significant. There's definitely a risk, but the return may definitely be worth it. My advice would be to have confidence in yourself and go for it
Accept
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 :)
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.
Distinctio cupiditate consequuntur perspiciatis neque eos amet cupiditate. Rem ea quod eveniet. Aut debitis natus ut quod.
Perferendis rem deserunt omnis non. Beatae id ducimus tempora facere.
Sit sunt alias ut ut odit. Deleniti enim et dolor consequatur nesciunt assumenda praesentium odit. Occaecati blanditiis vel ratione consequatur sit. Rerum omnis incidunt aliquam magni.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...
Sed eveniet porro quia. Fugit vero odit praesentium. Et velit eligendi fugiat enim ut. Rem reiciendis qui molestiae in eum iste ut. Eos molestiae possimus accusantium. Explicabo et repellendus pariatur id omnis minus aperiam quia.