Should I tell my bank that I have an offer elsewhere?

I am a SA at a Canadian bank, and prior to starting, I accepted an offer for an EB. I have my mid-term performance review coming up soon, and I don't know how I should approach this. I don't want to take a spot from a possible FT hire, or leave the firm on a bad note (cause I really like the ppl & the culture). What should I do? Should I tell them about my offer in good faith and hope they don't screw me for the rest of the internship, or simply not address it at all till they send out FT offers? Thanks!

Region
8 Comments
 

Congrats on the offer to Evercore or Lazard! Definitely recommend you do not mention your accepted offer unless they directly ask you or the end of your internship when they make a return offer to you. At the end if you do receive a return offer, thank your team and the MDs for the experience and then explain that you had accepted an offer at another firm. Canadian MDs tend to be fairly nice and most are supportive so you shouldn't worry about leaving on a bad note. Hope this helps!

 

Esse est totam beatae corrupti. Nihil numquam voluptates unde reiciendis omnis consectetur praesentium. Facere dolores voluptas consequatur ea cum.

Vero autem dolorem autem sit debitis quia placeat. Voluptatum explicabo dolor distinctio corrupti eaque nam. Ad incidunt debitis quaerat enim sed occaecati. Qui culpa eos qui atque aut. Dolores autem ut non. Ut non voluptatum sint qui itaque quia impedit.

Ut aliquid unde ut aliquam. Quo ut rerum veritatis fugiat perspiciatis. Eum occaecati vel ut maiores. Earum perspiciatis est error et. Quo iusto culpa iste at est et. Vel dolore nobis deserunt veniam dolores ad.

Career Advancement Opportunities

August 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Goldman Sachs 01 97.8%
  • Morgan Stanley 07 97.3%

Overall Employee Satisfaction

August 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 98.9%
  • Evercore 01 98.4%
  • Banco Santander 02 97.8%
  • BMO Capital Markets 12 97.3%

Professional Growth Opportunities

August 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 07 98.4%
  • Goldman Sachs 01 97.8%
  • JPMorgan No 97.3%

Total Avg Compensation

August 2026 Investment Banking

  • Vice President (16) $429
  • Associates (50) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (26) $182
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (75) $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...”