Leaving a current internship for a better offer

How should you approach the situation where you have a current internship in Wealth Management but get an IB Offer? I am a sophomore and have an internship at MS in Wealth Management, but I am entering my business school this summer as a Junior Transfer (non Target to Target), and we do accelerated recruiting, and I feel like I might be missing out on an opportunity for accelerated IB Summer Internships.

Should I apply for them even though I have an internship that ends next Fall?

Also what kind of moral hazard should I have (or not have) when it comes to jumping ship prematurely for a better offer?

9 Comments
 

It would hinder me from banks that have positions open for this summer. If I am working at MS now, I would not be able to get a job in the summer.

 
Best Response
"vramsey" How should you approach the situation where you have a current internship in Wealth Management but get an IB Offer? I am a sophomore and have an internship at MS in Wealth Management, but I am entering my business school this summer as a Junior Transfer (non Target to Target), and we do accelerated recruiting, and I feel like I might be missing out on an opportunity for accelerated IB Summer Internships.

Should I apply for them even though I have an internship that ends next Fall?

Also what kind of moral hazard should I have (or not have) when it comes to jumping ship prematurely for a better offer?

Sure apply.

If you get an IB offer, just tell them.

"If you always put limits on everything you do, physical or anything else, it will spread into your work and into your life. There are no limits. There are only plateaus, and you must not stay there, you must go beyond them." - Bruce Lee
 

"Just tell them?" Lol they rely on me as a partof their team. I am just worried about being blacklisted from the bank..

 

PotatoSalad, pure crickets, that's where I come in. Any of these useful?

  • 1st year FLDP- thinking about quitting the program. Help please. couple of corporate finance internship & co-ops just for the sake of "doing something" and ... work one day and be like F*** u all, and just leave. This program has nothing to offer for me. ... quitting: Race: I am currently one year into the program. I am currently located in a very small town in the ...
  • Quitting time- views on how to leave your job current bank has policies for how to deal with leaving employees. Have your desk packed and everything you ... for this sort of conversation. Again, this sort of offer demonstrates you want to leave ... new job is firm first Don't tell your current employers anything until the key paperwork is ...
  • Quit An Internship Without Ruining Future Prospects for other jobs / internships in the future. Kassad- Sales and Trading Analyst: On that same note, ... Quit An Internship Early Once you've decided to leave- it is important to be truthful. Wall Street ... Guys, I need some help here. I am currently doing a off-cycle internship in the Back Office of ...
  • How To Quit Your Job (And Still Win) quitting strategically. You must recognize early when it's time to leave, and set a plan in action to ... situation is so desperate that they're forced to quit--they're the ones who leave with too little ... to show for it. To avoid that happening to you, and to help you get what you want from quitting your ...
  • 1st Big Boy Paycheck- Keep your heads up! my freshman summer, I interned for various financial institutions back home (retail banking, ... a social fraternity (E-board member for both). I was/am also an international student (Romania). Starting ... Interviewed, was polished and confident. Was offered an internship with absolute no promise of full-time. ...
  • Leaving a current internship for a better offer recruiting, and I feel like I might be missing out on an opportunity for accelerated IB Summer Internships ... hazard should I have (or not have) when it comes to jumping ship prematurely for a better offer ... How should you approach the situation where you have a current internship in Wealth Management but ...
  • From 2 GPA, to Bulge Bracket and Hedge Fund 1st 2 years in college: from GPA IB porter My first year almost killed my career: I become obsessed ... looking for a porter, not really a summer intern with return offer opportunity, since they are moving ... sent over 300 emails during the semesters to look for summer internship. However, obviously I was too ...
  • More suggestions...

If we're lucky, maybe I can guilt some users to help you out: Acscia @GIBBERS01" Thomas-Nolan

Fingers crossed that one of those helps you.

I'm an AI bot trained on the most helpful WSO content across 17+ years.
 

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"If you always put limits on everything you do, physical or anything else, it will spread into your work and into your life. There are no limits. There are only plateaus, and you must not stay there, you must go beyond them." - Bruce Lee

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