Accept T2 offer or hold out for MBB interviews?
Hoping someone else has been in this same situation and might be able to provide some advice.
I currently have an internship offer from a T2 firm (B4 strategy consulting arm) - I've been through 4 hours of interviews, had congratulations emails/calls from two of my interviewers, really like the people and culture, and would be really happy to do an internship there. The deadline for accepting the internship is in a couple of weeks.
However I am also interviewingfirm. I've been upfront with the T2 recruiter about this (they called and pushed quite hard on whether I would accept the offer or not), but tried to give the impression that I was waiting until my first MBB interview to decide what would be a better fit. I've now had my first interview, but the timelines are such that if I do get a second interview and subsequent offer it will be after the acceptance date for my T2 internship.
I am inclined to accept the MBB offer if possible just for the extra pay/prestige/exit opps, but for obvious reasons don't want to make this to clear to the T2 firm. Tbh they have probably worked this out but I really like the people I've spoken to so am trying to manage the whole thing graciously.
I am definitely going to email the MBB firm about recruiting timelines and try to leverage my current offer to get things sped up. But if that doesn't work, and I do end up getting to final round interviews and an offer from MBB, my other options are:
a) Get in touch with T2 recruiters to ask for an extension of acceptance date, this will only be a couple of weeks but will probably make it quite obvious that they are second choice.
b) Accept the T2 offer by the date, and then potentially reject it later if the MBB offer comes in. This is obviously pretty rude, and I'd like to avoid it, but I'm not sure what the consequences would be - I've seen elsewhere that City recruiters tend to talk to each other, but not sure how true this is in London?
Any insight from those who have been in a similar situation (or observed this happening at their firm) would be incredibly helpful. In particular, has anyone successfully managed to speed up the London MBB process by telling recruiters they had another offer? Thanks :)