Reneging last minute for SA

Not sure if this is considered “last minute” but I’m debating between two firms right now. Accepted an offer for one firm in December, but moving through the interview process for another very large shop which I would much rather prefer. I have zero connections to the current firm I’ve accepted, as no one from my university has worked there before. Should I just bite the bullet and inform them I won’t be able to make it for the summer, or how would you approach it?

The firm I’m in the process with would be a firm I would love to stay at long-term, and the one I’ve currently accepted would be a temporary shop solely for the summer with no desire to go back.

2 Comments
 

Deserunt totam quia sit ipsa ipsum. Voluptatem blanditiis delectus quia enim dolores. Perferendis nam esse quibusdam autem omnis aut qui officiis. Animi rerum provident doloribus nesciunt.

Nihil recusandae eius provident laborum voluptatum. Nihil quis ipsa qui error dolores. Error qui id commodi dolorem corrupti. Suscipit fugit perferendis ut dignissimos quos ex explicabo. Placeat necessitatibus quia aspernatur temporibus nostrum suscipit voluptatem.

Career Advancement Opportunities

September 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Morgan Stanley 07 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...”