9 Comments
 

You gotta do what is best for yourself. Take the current offer, and if you get a significantly better bank, renege. Don't renege a BofA for a GS because at that point you are just a prestige whore. But absolutely do not reject an offer without another in hand. Coming from a non-target you are far more likely to not get an offer from your top bank then you are to get one.

 

Same spot as you lol, might even be the same bank we are waiting for not sure. But yeah, I accepted the first offer I got and if I get something from my 2 preferred choices, I will renege. Gotta do what’s best for yourself.

 

Yea just accept the first and then do what’s best for you down the road. The bank will be fine if you renege; there’s plenty of people available to backfill your spot. All you need to say is “Unfortunately, due to unexpected personal circumstances, I am no longer able to pursue this opportunity.”

- Someone who reneged on multiple offers :)

 

Aut in tempore laborum est omnis. Autem magnam voluptatem dolor occaecati vel qui voluptates repudiandae. Quia earum aut harum occaecati et repellat numquam.

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 98.8%
  • Morgan Stanley 01 98.3%
  • BMO Capital Markets 13 97.7%
  • Banco Santander 01 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 (15) $434
  • Associates (46) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 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
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
kanon's picture
kanon
99.0
5
dosk17's picture
dosk17
98.9
6
DrApeman's picture
DrApeman
98.9
7
Betsy Massar's picture
Betsy Massar
98.9
8
GameTheory's picture
GameTheory
98.9
9
CompBanker's picture
CompBanker
98.9
10
Jamoldo's picture
Jamoldo
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...”