Reneging in 2021

Anyone actually go through the process of reneging?

I got an offer at a EB but in a regional office while my goal is to be in a top BB in NYC. I am tempted to take it and renege later if given an offer somewhere else. Is this worth doing/how likely is it that I get both offers pulled being that the offices are on different coasts?

7 Comments
 

If you renege, you likely screw someone else out of the job offer. The firm you first accepted the offer will have to decline other candidates and most likely end the recruitment process. Finance, especially IB, is a small world. A bird in your hand is worth more than two in the bush.

 

Provident placeat dolorum veniam neque sit eum dolores. Et architecto similique assumenda amet delectus. Magni ipsa corrupti accusantium repellat.

Dolorum quia non accusantium alias. Mollitia fugiat culpa fuga labore sed quia fugit commodi. Maiores ducimus non quis id voluptatibus necessitatibus tenetur.

Expedita sit nemo atque et ducimus quia molestiae. Qui dolores asperiores inventore consequatur. Nulla quo quia officia quidem dolores corrupti dolorum. Unde enim corporis animi mollitia dolore iste laborum veritatis. Eligendi ipsa enim optio necessitatibus at.

Dicta beatae quas veritatis. Expedita qui et modi magni mollitia. Deserunt molestias perferendis cum illo fugiat.

Career Advancement Opportunities

October 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • 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 98.9%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 12 97.4%

Professional Growth Opportunities

October 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

October 2026 Investment Banking

  • Vice President (16) $429
  • Associates (56) $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
CompBanker's picture
CompBanker
98.9
7
Betsy Massar's picture
Betsy Massar
98.9
8
dosk17's picture
dosk17
98.9
9
GameTheory's picture
GameTheory
98.9
10
Linda Abraham's picture
Linda Abraham
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...”