Sophomore Summer Decision Help

Hey all,

I've been having trouble making a decision so I thought I'd reach out to the community. I'm a rising sophomore at a target school and I recently accepted a notable IB sophomore internship. Since the offer was exploding with a short decision timeframe I was inclined to accept what I had in hand. However, I now have the opportunity to interview for MBB consulting later this semester and I am unsure as to how to approach this situation. Should I move forward in the MBB interview process, let MBB know about my situation and try to convert the potential MBB offer for the following summer (2024 instead of 2023)? I don't want to renege or burn bridges but I also don't want to pass up on any potential opportunities either. Is being transparent with them the best approach? Does anyone know of MBB being able to postpone a summer internship offer for the following summer?

Any feedback or help would be greatly appreciated.

Comments (5)

  • Intern in IB - Gen
Aug 11, 2022 - 3:38pm

This is what happens when prestige focused diversity kids get handed offers too easily. Must be nice.

Most Helpful
  • Associate 3 in IB-M&A
Aug 11, 2022 - 5:15pm

Do you want to do IBD or consulting for full time? 

If you want consulting - just renege on the IB one (don't tell them where you are going). Or if you really don't want to renege, you can try to push to 2024 but I would tell them now before you go through the whole process. I would say decently unlikely they will give you an offer right now for 2024, they'll likely say you can apply next summer or something 

If you want IB - MBB will invite a lot of questions on your resume and people will think you want consulting. stick with the IB offer

Aug 13, 2022 - 8:31pm
kkaaii, what's your opinion? Comment below:

Ut molestias quam eum. Enim ipsum aut in expedita est. Dolorum non et cupiditate exercitationem soluta soluta aut modi.

Dolorum excepturi et minus aliquam iste ut nulla ipsam. Dolor cupiditate qui error et ratione mollitia. Dolorem et et animi dolores veniam voluptatem qui. Mollitia voluptate magnam totam culpa ab.

Sit et distinctio officiis a. Debitis ab et necessitatibus doloremque. Vitae quia et temporibus corrupti.

Ut libero dolores est earum ut est. Iste nisi saepe asperiores cupiditate. Numquam ducimus consequatur quo cum. Quis magni mollitia dolores aut possimus. Et et et consequatur.

Start Discussion

Career Advancement Opportunities

September 2022 Investment Banking

  • Jefferies & Company (▲05) 99.6%
  • Lincoln International (= =) 99.2%
  • Bank of America Merrill Lynch (▲04) 98.8%
  • Financial Technology Partners (+ +) 98.5%
  • Evercore (▽02) 98.1%

Overall Employee Satisfaction

September 2022 Investment Banking

  • Jefferies & Company (▲12) 99.6%
  • Greenhill (▲07) 99.2%
  • Evercore (▲01) 98.8%
  • PJT Partners (▽02) 98.4%
  • Macquarie Group Limited ABN (▲20) 98.1%

Professional Growth Opportunities

September 2022 Investment Banking

  • Jefferies & Company (▲05) 99.6%
  • Lincoln International (▲03) 99.2%
  • PwC Corporate Finance (▲12) 98.8%
  • Bank of America Merrill Lynch (▲05) 98.5%
  • Houlihan Lokey (▲05) 98.1%

Total Avg Compensation

September 2022 Investment Banking

  • Director/MD (10) $613
  • Intern/Summer Analyst (318) $407
  • Vice President (38) $392
  • Associates (208) $257
  • 2nd Year Analyst (130) $163
  • 3rd+ Year Analyst (18) $159
  • 1st Year Analyst (435) $151
  • Intern/Summer Associate (83) $150