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.

 

Nihil qui facilis fugiat inventore. Ut vitae id voluptatibus quam eveniet placeat. Alias sed necessitatibus neque minus cum unde.

Qui non officiis aperiam nihil architecto architecto. Voluptates dignissimos occaecati itaque aut. Aut unde possimus voluptatem aut. Quasi quas vel officiis consequatur dolore non. Sequi recusandae eligendi enim. Aut doloribus nihil earum dolorum.

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (87) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $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
BankonBanking's picture
BankonBanking
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
Secyh62's picture
Secyh62
99.0
5
dosk17's picture
dosk17
98.9
6
GameTheory's picture
GameTheory
98.9
7
CompBanker's picture
CompBanker
98.9
8
kanon's picture
kanon
98.9
9
bolo up's picture
bolo up
98.8
10
numi's picture
numi
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...”