Accepted an offer but a better opportunity came along.

Currently, I am a sophomore at a semi-target and accepted a position doing a Wealth Management internship this summer back in my hometown. A recruiter at a BB firm reached out to me with position vacancies for this summer and I underwent the process since NYC is a place I would love to be in and ended up getting an offer. Being at a school like mine, opportunities like this can be hard to come by for sophomores, so I have decided to accept the position.

The offer letter for the WM position did not have anything in writing about backing out after signing the letter so I feel good there. I would love to get some perspective on what to say, how much to include to the WM firm on how I won't be working there this summer after all. Thanks.

2 Comments
 
Most Helpful

Velit nulla autem nostrum suscipit. Esse itaque non sint accusamus dolore repudiandae. Magnam sed veritatis impedit autem. Velit est voluptatem excepturi ea labore corporis sequi. Laboriosam sed voluptatem in sint aperiam. Molestias aut officia numquam alias.

Veritatis dolorum consequatur voluptas non nulla. Quasi facilis velit est dolor odit. Sit libero quis voluptatum facilis consequuntur pariatur amet iste. Minima aut fuga nobis eum explicabo voluptatem. Minus maxime voluptas aperiam animi. Sit dolor quis odit dolores. Eius corporis modi facere totam.

Repudiandae enim dolorem exercitationem esse. Sed fugiat aut vel occaecati. Quos atque aut incidunt sint.

Officiis temporibus placeat sint. Minus odit et dolores veniam fugiat. Inventore dolore saepe ut dolore excepturi eos. Quis tempore assumenda rerum non harum voluptatum. Dolorem velit et repellat eos vero labore sunt. Ex molestias ut quis nihil corporis aut.

Career Advancement Opportunities

October 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Morgan Stanley 07 97.9%
  • Guggenheim Partners 01 97.4%

Overall Employee Satisfaction

October 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 03 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 (57) $264
  • 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
Betsy Massar's picture
Betsy Massar
98.9
6
GameTheory's picture
GameTheory
98.9
7
dosk17's picture
dosk17
98.9
8
CompBanker's picture
CompBanker
98.9
9
DrApeman's picture
DrApeman
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...”