(Urgent) Should I proceed to ask for an expedited process even thought I know I won’t accept it?
Long story short, I always wanted to do S&T but ended up changing to IB in the past few months due to better job security and exit opportunities. I have been in the process for a 2021 summer S&T opportunity but ended up getting an IB offer from another bank (Not BB but more top MM). When I sent an email to the S&T recruiter about two weeks ago he said that the process is still ongoing and to let him know if I have any offer deadlines. Even though I’m sure that I won’t accept the S&T offer, would it be bad to tell the recruiter know that I have an exploding offer? My logic in pushing for a expedited process would be if I end up not liking IB and be able to go back after with the mentality that I already received an offer before. Would love any input. Thank you advance.
Don't waste your time or their time. If you can get an offer from a top MM bank, you're doing something right. No need to expedite this other S&T process to boost your ego (correct me if this isn't the reason why you are hoping to accelerate the process -- don't mean any harm). Congrats!
I get you but it’s not really to boost my ego. I hope IB ends up being for me next summer but let’s say it isn’t. Wouldn’t it be easier to go back to that firm that gave me that S&T offer (assuming i go through with it and get an offer) and try for a S&T FT offer?
Ah I see. Apologies for misunderstanding. That said, I think it’s more complicated than that. I had a few offers for next year’s SA program myself and obviously had to turn all but one down. I’m not sure if the firms that I turned down would be interested in taking me next year. It’s not exactly that I burned bridges by declining the offer, but they’re clearly not thrilled about me signing with another firm.
yeah dude don’t pursue that offer because they WILL be salty that you turned them down. the best thing to do is not get the offer but go far enough so that they have a good impression of you. and then if you want to do S&T they’ll be very likely to consider you. if you get the offer and turn them down, it depends on the bank, but some just full stop turn you down if you come around. have firsthand experience of this happening oof. (not a hard and fast rule but you will run that risk)
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