Accelerated Offer Dilemma

*I am a junior

I have an offer from a BB accelerated process for credit risk, but the deadline to respond by is within the next 3 weeks. However, that means that I will not be attend the IBD on-campus interviews in January (4-5 weeks time). From networking and resume drops, I can roughly conclude that I will have at least 5-6 interviews for IBD.

Should I take the leap of faith and go for the interviews or take the credit risk offer to mitigate risk in this difficult recruiting environment?

*I am not sure how long I can defer accelerated offers*

Thank you very much for your help!

 

one in hand is better than two in the bush - take the offer! It's still BB experience and a great role. Plus you'll get to get your head out of all the bullshit that comes with recruiting. Enjoy your junior spring!

 
couchy:
one in hand is better than two in the bush - take the offer! It's still BB experience and a great role. Plus you'll get to get your head out of all the bullshit that comes with recruiting. Enjoy your junior spring!

That's definitely the thing in my mind as well -> the possibility that I get nothing in the end. If I take this offer, how would I be able to leverage it into a full time IBD?

 
Sean518:
Has anyone ever had any problems after reneging on an offer you got through OCR? I've turned down a similar offer I had because I didn't want to get banned from OCR in the future. Was that fear unfounded?

Yeah that's the problem I'm facing as well, I don't want to renege because that would result in me being blacklisted. So did you turn down an offer and go for the IBD interviews? If so, were you successful in getting it and would you recommend it?

 

Vel et excepturi ipsum laborum vero ut. Sit earum deserunt dolores et cupiditate dicta quaerat. Non soluta laborum voluptatibus pariatur recusandae. Et nulla soluta deleniti eveniet tempora et.

Autem ullam voluptas alias nemo esse dignissimos cum temporibus. Aut quis exercitationem amet adipisci est molestias velit.

Career Advancement Opportunities

March 2024 Investment Banking

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

Overall Employee Satisfaction

March 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

March 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

March 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (86) $261
  • 3rd+ Year Analyst (13) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (202) $159
  • Intern/Summer Analyst (144) $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
Secyh62's picture
Secyh62
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
kanon's picture
kanon
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
DrApeman's picture
DrApeman
98.9
9
GameTheory's picture
GameTheory
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...”