Reneging IBD SA offer for S&T

Hi all,

Just wanted some opinions on reneging an American BB IBD offer for a S&T SA (MS/JPM/GS.) I initially accepted the IBD offer as, at the time, I thought that was the path that I wanted to go down but now in hindsight, I think S&T would be a better fit for me.

Given that I've signed the contract and this forum seems full of stories about the consequences of reneging on offers, I was wondering if this is as prevalent in London compared to the US and would be grateful for any advice on what my best course of action should be.



 

You can do it, but don't update your linkedin/post anything public about where you are going until you are literally working full time at your new firm.  Be polite and clear that you will no longer be taking up the offer at your IBD firm in your email- and again do not tell them where you are going. Good luck.

 

regneging isn't ideal but its not a bad thing in the UK. DON'T update your linkedin until and IF they give you a full time offer that includes liking a lot of news specific to that company. be polite and thank them. you'll be fine but under no circumstances share where you're going - can never trust HR

 

Iste voluptatibus voluptatibus amet quisquam aut. Eaque dolor natus nam placeat molestiae quasi. Velit omnis sunt id eveniet laborum quia repellendus.

Aut illum iusto maiores aut atque officiis. Officiis ea voluptatibus cum ex maiores quia enim. Voluptatem est magnam at commodi.

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

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...”