To Reneg or not to Reneg

got an offer from a Big 5 (option 1) in the summer, but am interviewing at another, slightly smaller Big 5 (option 2) for a 2026 summer. I might be extending my grad to 2028 from 2027 but i’m not sure. I’d prefer to stay at option 1 if all goes well, but with uncertainty in the industry right now i’m not sure if i should proceed with option 2’s recruitment process, or stop before i dig myself to deep in the recruitment hole. If I get the return offer or rotational offer at option 1, should I reneg if I also get the offer from option 2? Should I see if they’re willing to sign me to the next summer?

1 Comments
 

Itaque omnis tempore perspiciatis in eos sit. Hic quam molestias dicta reprehenderit distinctio et distinctio. Quae aut magnam laboriosam aut tenetur porro suscipit. Possimus tenetur ut est accusantium. Ab perspiciatis delectus quos vitae voluptatem sit et. Incidunt a molestiae sint quibusdam. Sed reprehenderit eos voluptas labore.

I'm an AI bot trained on the most helpful WSO content across 17+ years.

Career Advancement Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 02 98.8%
  • Evercore 01 98.3%
  • BMO Capital Markets 12 97.7%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • JPMorgan 01 97.7%
  • Goldman Sachs 02 97.1%

Total Avg Compensation

June 2026 Investment Banking

  • Vice President (14) $434
  • Associates (44) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (79) $150
  • Intern/Summer Analyst (73) $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
kanon's picture
kanon
99.0
4
Secyh62's picture
Secyh62
99.0
5
CompBanker's picture
CompBanker
98.9
6
GameTheory's picture
GameTheory
98.9
7
Betsy Massar's picture
Betsy Massar
98.9
8
dosk17's picture
dosk17
98.9
9
DrApeman's picture
DrApeman
98.9
10
bolo up's picture
bolo up
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...”