Leveraging FT offer - Worth the risk?
Need your help answering a hypothetical question.
Let's say you are currently an intern at a mid-tier investment bank in a top group (i.e BAML LevFin). Is it worth it to risk trying to recruit toward the end of that summer and ultimately leverage your FT offer to get to GS/MS?
I see the potential risks as:
- Word getting to your group that you're trying to recruit around.. no return offer
- Potentially having to let your return offer expire in order to finish the interview processes at other banks
- Jumping ship from a top group to potentially land in a random/less-desired group at GS/MS
Obviously the point of doing this would be to try to capture more prestige and lock down a top name for your resume. But are the potential dividends that could be paid in your future career and the increase in prestige worth all of those risks?