Reneging, two fairly similar offers

Hello all, after a long deliberation, I have decided to put this question to those out there. I recently received an offer from a number of 2nd tier (Barcap/CS/Citi/BAML) firms, and am considering accepting. However, after all of my expiry dates, I have received superdays from my two top choice firms. Is it worth accepting one of my current offers, then reneging? What are people's thoughts? I have solid relationships at the firm I would pick of my offers, and really like the people.

 

I would reach out to the banks you have offers for and ask for a small extension. Tell them that you are very interested in the offer but you have an upcoming superday and want to see how that goes before coming to a final solution. I haven't personally done this but it is worth a try. If they hear you have other superdays that just makes them want you more.

 

Agree. I'm not sure if I would name-drop who the superday is for (they can probably infer it's for a Tier +1 place if you want to do it), unless they specifically ask. If I was the officer, I would probably be a little annoyed that you want to "upgrade" so-to-speak, but it further affirms that you're a highly desirable candidate.

And if you are set on doing the superday, this is 1000% a better idea than reneging later on.

 

Quasi temporibus ducimus maxime maiores esse odit architecto. Rerum quisquam necessitatibus tenetur quas temporibus sunt expedita. Ex quia quia incidunt totam perspiciatis nostrum.

Consequatur ut et ut quae dolor molestias odit. Asperiores ipsa occaecati voluptas eum et vitae repellendus. Dicta at iure quos.

Quo et aliquid voluptas nihil. Et in a ea id.

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (87) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
BankonBanking's picture
BankonBanking
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
Secyh62's picture
Secyh62
99.0
5
CompBanker's picture
CompBanker
98.9
6
kanon's picture
kanon
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
numi's picture
numi
98.8
10
Jamoldo's picture
Jamoldo
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”