Should I try and find a better internship?

I have an SA offer in investment banking from an international bank (think HSBC, BNP) in Singapore (I'm from there, but I'd rather be in NY), which I have to accept within the next 7 business days.

The US application deadline for UBS investment banking and Morgan Stanley equity research is March 1. These two are internships I'd rather do than the one I have an offer for.

Seeing as my track record with BBs isn't great (of 4 that came to campus I only got 1 interview, didn't get invited to superday; no success from online apps to the other 4) is it worth going for it (i.e. also declining the current offer? Or am I stupid to even try?

I haven't networked with people for either - could I get into contact with somebody before March 1 and impress them enough for them to be willing to pass on my resume? Also, do you think I'd be able to extend the deadline for my exploding offer/speed up the process for these other positions?

 

I know some people may frown on this...but I would say take it, and should something better become available, then renege on your offer. It's hard to do it in a way that doesn't burn the bridge, but that's a risk you have to decide if you want to take.

At the end of the day, it's your life and your career, and you need to take advantage of the best opportunity that comes your way. If that comes at the expense of burning a (relatively unimportant, seeing as how you're not totally sold on the job) bridge, then so bet it. Whatever you do, I wouldn't simply decline the offer b/c that's a huge risk that I wouldn't personally take.

 

Dolores laudantium et sint voluptas dolores voluptatum dolorem consectetur. Et error eaque velit et culpa ratione eum. Quis error exercitationem beatae sapiente nam iste. Quam eius ut qui odio quia explicabo a. Deserunt dicta rerum perferendis culpa nisi. Exercitationem dolorem repellat facere earum similique necessitatibus et.

Voluptas illum asperiores quidem. Vel a harum atque magnam est.

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 (86) $261
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (145) $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
Betsy Massar's picture
Betsy Massar
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
dosk17's picture
dosk17
98.9
6
GameTheory's picture
GameTheory
98.9
7
CompBanker's picture
CompBanker
98.9
8
kanon's picture
kanon
98.9
9
bolo up's picture
bolo up
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...”