I have an exploding offer that expires in 3 days or so. I emailed the recruiter from my top choice (Mid/top tier BB) explaining my situation and asking if I could have a decision made regarding my candidacy. I received a reply back informing me that a decision would not be made for another few weeks.
Is that normal to essentially receive a non answer from a bank? Or are they just politely telling me I have no shot?
Well... you have to understand there's probably a few more superdays and they're waiting to hear back from their first choices. As their choices' deadlines are at the end of those two weeks... hence the answer.
if you can't get an extension on your exploding offer, I really suggest taking it before it blows up wait list conversion rates are wayyyy too low to justify letting your offer explode
Almost without fail, BB banks give out their first wave of offers the same day as superdays are conducted (this is because most schools have regulations about how long students must be given to make a decision on offers, and banks want to have visibility on class sizes ASAP). So if you were told that you wouldn't hear for a few weeks, you're not on the ding list, but you're also not on their first wave of offers list. If enough of the first wave accepts, the BB job will be a no-go. My advice is to accept the bird in the hand.
It's only an internship, you'll have plenty opportunity to switch to another bank if you so choose.
That's exactly what I figured but just wanted to confirm. Thanks
So what happened with it?
Take the existing offer and if you get the other, renege if you feel it would be best for you. I know many disagree, but I say do what you need to do to help yourself.
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