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.
| +339 | Is UBS really that bad? | 61 | 1h |
| +258 | Investment Banking is Divine | 40 | 1d |
| +219 | Another $115bn Mega deal for these banks. Congrats! | 45 | 1d |
| +216 | US 2027 SA IB worried about background check | 53 | 1d |
| +206 | Leaked Interview Questions to Recruiting Services | 68 | 2d |
| +40 | Is Houston SA 28 recruiting already over? | 34 | 1d |
| +31 | How do you manage nerves in IB technical interviews? | 8 | 36m |
| +29 | GF is an IB Analyst at a top BB, hates it, what exit options does she have? | 21 | 33m |
| +27 | FIG Pigeonholes you - is it true? | 8 | 2d |
| +27 | 2026-27 IB Energy Top Banks | 8 | 2d |
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
Totam dolorum magni corrupti qui. Accusamus libero ut provident rerum non placeat. Laboriosam aliquid ad quis. Sint pariatur voluptas ut vel et qui et facere. In suscipit ut nisi minus non nulla error.
Ab iure ut tempore inventore illo. Ipsum earum dolore neque voluptatem dolores ut. Quas natus rerum doloribus dicta nihil. Sed maiores earum voluptatem.
Et saepe dolorem tenetur sunt esse. Nesciunt fuga non odio reiciendis. Quia molestias sint quae dolor dicta est vero. Sit doloribus hic quam autem nihil ut. Sit nobis odio esse repellendus consequuntur.
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...