Reneging on FT Return offer

I recently accepted my full-time return offer, but I have a superday coming up for a firm I really like. What would happen if I was to receive the offer and renege on my current offer? Would there be any consequences? I just don't want to risk losing both offers at the end of the day

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Comments (16)

  • Analyst 1 in IB-M&A
Sep 1, 2021 - 5:29pm

Sign the better offer and but send. Then send the bye email in your next breath. I promise you nobody cares.

Sep 1, 2021 - 5:31pm

Proceed interviewing with firm number two as is without telling anyone. If you get an offer, say you are no longer able to join full time.

If you get the offer reply to this comment and I will direct you on next steps or PM me and I can help you write the email / coach on what to do. Have went thru this a few times now.

  • Prospect in IB - Gen
Sep 2, 2021 - 3:14pm

Not OP but also in a similar situation. Accepted a return offer a few weeks ago but just got invited for an interview at a firm I am interested in. I have two concerns, one being whether I will be asked by HR if I accepted the offer at the firm I interned for in the summer, and two, both offices are in South/same region, so is there any chance that the firm I did my SA stint at will find out through connections by any chance? Am I overly concerned about this?

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  • Analyst 1 in IB - Cov
Sep 14, 2021 - 9:24pm

I am in a similar spot now, could you share what you would write in your email? It would be much appreciated, thank you!

  • Analyst 1 in IB-M&A
Sep 1, 2021 - 9:39pm

Ik people who did this. Keep recruiting and if you get a better offer, accept it. Then tell your old firm you won't be joining back, but don't tell them your new firm. And dont share with others where you are working. 

  • Incoming Analyst in IB - Gen
Sep 2, 2021 - 3:20pm

Would this show up in his background check if he reneges before it and they call his old firm ?

  • Analyst 1 in IB - Cov
Sep 2, 2021 - 11:13pm

Renege, tell the IB you can't be ready for full time due to personal family matters, join the better firm. Just don't post anything to your LinkedIn or tell anyone outside close friends

  • Intern in IB - Cov
Sep 5, 2021 - 7:50pm

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