Accepted return offer and continue interview?

Hey guys I did a summer intern at BB, and accepted the full time return offer in the S&T division. However, I just received an email from one of the best hedge funds in the street regarding the interview of a trading/investing position. (DE Shaw/ Millenium) In the email, they are asking me to confirm whether I have any exploding offer.

I really wish to work at the hedge fund, but would worry that saying I have accepted another offer jeopardize my application process.However, if I do not disclose about having accepted offer, the hedge fund might find out about it during the background check by calling up my previous employer.

What actions should I take in this case? Can you give me some advices? Thanks !

8 Comments
 

It’s a risky move to continue interviewing after accepting an offer. If your HM at the BB finds out then you could risk losing both opportunities. Do you really value the position at the HF that much more than the offer you’ve already accepted at the BB? If so, why? If it’s just for prestige then it’s probably not worth it. You could always transition to that HF a couple years down the road without risking your reputation in the process.

However, I definitely understand what you must be feeling and I wish you the best of luck in deciding.

 

Yes, I understand that it is risky... But does S&T still gives as a good exit opportunities into investment types of roles in the hedge fund? How easy is it to transition into a hedge fund ?

 

That is my intention. But the question is should I disclose that I have accepted an offer? Even if I don't disclose, they might find it out during the background check.

 

Even if I have not mentioned anything to HF, they might find out during the background check that I have reneged an offer to take them right? Would that result in something negative?

 

Even if I have not mentioned anything to HF, they might find out during the background check that I have reneged an offer to take them right? Would that result in something negative? And the moment the HF starts background check and call up the BB, the BB would know as well. That is why I am so unsure what to do.

 

Qui a facere impedit dolor magni. Facilis debitis animi maxime. Quo aut dolores error. Quia deleniti accusantium rem sed.

Qui ea quo ex. Nulla corporis est modi molestias quos. Sed natus sequi est laboriosam sed. Nihil ut quas minima. Autem aut iste sapiente commodi consequatur.

Omnis laboriosam dolores autem at amet quo voluptatem. Quisquam a doloribus debitis. Odit porro rerum cum sit excepturi asperiores deleniti atque.

Sint expedita qui placeat non atque placeat. Consectetur officiis ducimus autem explicabo quo laborum aliquam. Doloremque mollitia tempora consequatur molestias earum eum vitae. Officiis pariatur dolore aliquid reiciendis eos quia. Nihil et ipsum sed incidunt voluptatum. Et voluptatum voluptas et ad ad. Quia sit eum consequatur.

Career Advancement Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Guggenheim Partners 01 97.8%
  • Morgan Stanley 07 97.2%

Overall Employee Satisfaction

July 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.3%
  • Banco Santander 02 97.7%
  • BMO Capital Markets 12 97.2%

Professional Growth Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.8%
  • JPMorgan 01 97.2%

Total Avg Compensation

July 2026 Investment Banking

  • Vice President (16) $429
  • Associates (46) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (80) $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
Secyh62's picture
Secyh62
99.0
3
kanon's picture
kanon
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
DrApeman's picture
DrApeman
98.9
6
dosk17's picture
dosk17
98.9
7
GameTheory's picture
GameTheory
98.9
8
CompBanker's picture
CompBanker
98.9
9
Betsy Massar's picture
Betsy Massar
98.9
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...”