If you've received an offer from a bulge bracket for example, and are waiting for a first round/final round interviewer from another bulge bracket, is it a good/bad idea to let the HR know at the other firm you've gotten an offer but want to peruse things with their bank and want to check on the status?
I've searched for this on here but just wanted to ask instead.
| +185 | Americas M&A League Table Q2 Updated | 75 | 1h |
| +134 | New Article: Dramatic Slide as UBS #22 (US) & New Leadership Desperately Needed | 28 | 55m |
| +114 | Restructuring: Anti-climactic Experience | 30 | 1h |
| +84 | IB Net Worth / Savings Check | 34 | 2h |
| +74 | A COMPLETE GUIDE TO SUMMER INTERNSHIP RECRUITING | 12 | 2d |
| +51 | Boutique firm wants access to my LinkedIn? | 40 | 1d |
| +39 | Investment Banking is Hard | 17 | 1d |
| +34 | Woman who emptied Knicks trashcan on street then stole it was DEI exec, worked at JPMorgan Chase | 10 | 3h |
| +31 | PWP vs BofA | 23 | 9h |
| +27 | Who pays the highest right now? | 14 | 9h |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
Yes it's a good idea if you really do have an offer. If you're still waiting after a superday call up HR, tell them that this position is your first choice but you need to know ASAP because you have another offer and need to make a decision.
What if you have a good amount of time with the offer you received?
My school is part of on campus recruiting and we have contracts with the banks requiring them to allow us to I think make a decision 2 weeks from the date of the offer - so it's not exploding by any means.
2 weeks is not a lot of time. If they are willing to expedite the super day, you may not hear back from them until a week after you interview. If they really want you though, they'll let you know as soon as possible because they know you have an exploding offer.
2 weeks isn't a lot of time. I would do it if you really want this offer. It could bring you from being borderline to getting it. It certainly won't hurt as long as you're tactful.
Always good to leverage offers. Theres a M&I article about this somewhere
Can you use an exploding offer to garner more interviews at other banks? (Originally Posted: 11/14/2013)
If I want to a bank and said "I have an exploding offer at XXXX" would they be more willing to give me an interview?
sometimes, I tried once and it didn't happen. AND the exploding offer bank was more prestigious, but not too big of a margin. have heard others leverage it, lets see what others say
Neque dolor nostrum ut quasi. Hic dolorum numquam cum qui eaque debitis dignissimos. Accusamus laudantium et excepturi quia ut. Debitis ut nihil voluptatem veniam.
Eum ut labore minima consequatur explicabo officiis quidem. Eum aut laborum quis consectetur eos iste. Minus saepe quas sunt praesentium et odit. Est ut ut deleniti odit sint.
Animi laudantium pariatur in dicta voluptatum vitae. Ut sed consequatur facere et natus. Culpa consequatur ullam voluptates.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...