Summer Internship Offers: Post-Offer Dilemma

If you were to receive an offer for an unpaid lower middle-market investment banking summer internship opportunity, and subsequently accepted that offer being nothing else on the table at that moment, what would be the most ethical decision (balancing that firm's interests along with your own) if you were offered a well-paid summer internship opportunity at a larger bank?

 

back out. take the larger offer. say it is for personal reasons or something. however you will be blacklisted from the place you back out of

He who makes a beast of himself gets rid of the pain of being a man.
 

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"A man is a success if he gets up in the morning and goes to bed at night and in between he does what he wants to do." - Bob Dylan

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