Can I ask BB bank to match my competitor's job offer?

So I got an offer a week ago for equity research analyst at a bulge bracket. I have an offer at the ER firm I interned at the summer of 2021 and it's around 10k more. I like the BB more but I can't really afford to turn down more money especially since I have crushing student loans. Can I ask them to match that offer? Will they rescind their offer?

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Comments (7)

Nov 12, 2021 - 9:56am

You can try, but BBs have standardized pay packages, they would just think you are uninformed about how they operate. Do you have a view on all-in comp at your other shop? Are you sure that you will be better off at the other shop? 

  • Prospect in Research - Other
Nov 12, 2021 - 4:22pm

All in comp will definitely be higher at the other shop but this is a top ranked BB in ER

Nov 12, 2021 - 10:20am

$10K is nothing in the long-run. No harm in asking BB to match. But if they say no, go with the opportunity that has better LT potential. Exit ops for a BB team that's II ranked is going to be much better than a smaller ER role that pays $10K more...

Nov 12, 2021 - 10:24am

You're going to pay student loans for many years, so make sure your maximizing your income not just in the first few years. I don't know what's your other offer, but the NPV of choosing the BB offer is probably much higher.

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  • Intern in IB - CB
Nov 12, 2021 - 11:16am

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