Reneging on Schwarzman/Yenching after accepting

Are there any consequences (monetary) for reneging for a valid reason from the Schwarzman/Yenching program?

What are your thoughts on these two programs to get into IB

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Comments (16)

  • Prospect in IB-M&A
Apr 2, 2021 - 6:21pm

Even if it's Yenching and not Schwarzman? Are you referring to both?

Considering not taking it because i received a full-time IB opportunity at a Tier 2/3 Bank out of undergrad. Do you really think Yenching can give me a better chance, especially knowing this program is not well known in Europe/US?

Thanks.

  • Analyst 1 in AM - Equities
Apr 2, 2021 - 6:23pm

I was referring to being a schwarzman scholar. I haven't heard of Yenching, sorry.

Apr 4, 2021 - 3:49pm

Even if it's Yenching and not Schwarzman? Are you referring to both?

Considering not taking it because i received a full-time IB opportunity at a Tier 2/3 Bank out of undergrad. Do you really think Yenching can give me a better chance, especially knowing this program is not well known in Europe/US?

Thanks.

If you want to go IB, just go IB. You can do a 2 yr stint and then get an MBA and go anywhere. 

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  • Prospect in IB-M&A
Apr 2, 2021 - 6:23pm

Do not have work experience yet to go into MF PE, HF, MBA. So it's either Full time work for which I had to interview or re-do the whole process after Yenching.

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  • Analyst 1 in AM - Equities
Apr 4, 2021 - 11:31am

It is better because Schwarzman is highly touted, well-recognized, has former scholars spread across MF PE/HF/MBB, HBS/GSB. Whereas 99% of this forum has never heard of Yenching. It's like comparing Wharton to the best business school in Vietnam

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