Reneging on Job Offer

I accepted a FA internship position with a pretty large company, not specifically a finance company however. This is after thinking I was no longer in contention with any of my previously applied companies. However, I now have a final round interview for a FA intern position with a really big bank. I feel like this would help me out more in the long run for my career, should I renege on this offer? If so what's the best way to go about doing it?

2 Comments
 

Well don't renege until you have an offer. If you lock down the offer then you need to answer these questions: 1. What do you want to do FT? 2. Which of the two options is going to get me closer? 3. What type of repercussions are there if I renege?

Need a little more color before offering anymore advice. Is this like FP&A at a F500 or Corp. Dev. at a F100? Is it a BO/MO position at the bank?

 

Ut laborum et id eos voluptas veritatis. Soluta voluptatem qui occaecati nemo. Sit sed sunt ipsam enim ipsa aspernatur possimus. Labore nulla sint et omnis. Mollitia nulla eos expedita nulla recusandae et quam.

Career Advancement Opportunities

September 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 08 98.4%
  • JPMorgan No 97.9%
  • Goldman Sachs 02 97.3%

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 97.3%

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 97.3%

Total Avg Compensation

September 2026 Investment Banking

  • Vice President (16) $429
  • Associates (53) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (28) $184
  • Intern/Summer Associate (15) $159
  • 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

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...”