Has anybody succeeded in doing this? Have an offer at lower BB (UBS/Deutsche/WF/RBC) and wanted to know how and if I should leverage this with other banks to get interviews. It's still early in the SA recruiting process but wanted to speed things up.
I go to a target and have a 3.9+. Only have one interview on the schedule with a tip top firm.
| +169 | The "Not So Obvious" things that get you a return offer? | 20 | 5h | |
| +101 | Is my life over after not getting GS? | 25 | 4h | |
| +65 | Best IB group on the Street | 28 | 2s | |
| +56 | BIG FOUR ARE PARADISE | 15 | 7h | |
| +49 | Thoughts and tips on how to speak like an investment banker. | 25 | 7h | |
| +46 | Tell me one good reason why Jefferies isn’t going to be a top bank in the next 5 years | 23 | 5m | |
| +36 | UBS Outlook | 28 | 1d | |
| +34 | How to deal with egotistical team? | 6 | 3d | |
| +33 | Highest Paid Bankers in Toronto? | 51 | 6h | |
| +25 | Got RBC offer but I have cold feet accepting. | 33 | 1d |
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.
At the very least, I'd suggest mentioning it in other interviews when the inevitable "and where else are you interviewing?" question arises. If you aren't too forceful, you can mention you already have an offer somewhere else.
Additionally, if you've been networking with bankers at other banks, this is a perfect opportunity to re-reach out and - maybe - subtly mention you have an offer with another firm but would rather work for their firm.
To answer your question directly: yes, it has absolutely been done, and it will work if the situation is right.
Does your school offer you protection from exploding deadlines? If so, you don't need to be too agressive... like @Pesc a said you can subtly use it as networking fodder. If you are dealing with a time table to decide (ie 2 weeks) you should definetly try and push through with the leverage of the offer to get accelerated interviews at places you'd rather work. No harm in being agressive if you are on a time table.
Quo qui suscipit maxime rem molestiae. Voluptatem doloribus molestiae omnis et dolore omnis.
Rem repellendus fugiat commodi id minima molestiae praesentium magnam. Eos aut qui error id. Praesentium et quis enim ratione assumenda quasi illo dolorem. Adipisci dolorem et laborum.
Voluptas sit qui nisi nihil. Tempore nihil dolorum dolores explicabo porro fugiat. Vitae sapiente nemo vel nostrum. Unde temporibus at optio perferendis. Dignissimos dolorem alias autem praesentium quia saepe. Autem repudiandae quibusdam qui.
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...