Take First Offer?

This website has been instrumental in my success in this process and for that I am incredibly grateful. I was wondering what I should do because I am confused and a bit scared because of the pressure of the economy and all the volatility. I am a diversity candidate and I am currently in the pipeline (about to start interviews) for a few banks. I am wondering... should I just take the first offer I can get? It feels pointless because I networked incredibly aggressively and it honestly seems like I should just take the first offer I can get, given the current situation. I can specify banks if you'd like. Also, I'm not using diversity as an "easy in," I just have to mark my ethnicity on all apps (legally lol), I started networking a little before the winter. I appreciate all the advice.

Comments (11)

  • Intern in IB-M&A
Apr 8, 2020 - 5:04pm

This really depends on the offer you get and the expectations you have for yourself... not really sure what answer you're looking for here

  • Intern in IB - Cov
Apr 8, 2020 - 5:22pm

Always lean toward just taking and running with it these days especially in the current climate. If banks continue converting SA straight to FT, headcount will be impacted for SA 2021. However, you didn't list the bank or really give any information? Is this MM? Big difference between something like Jefferies/HL and a Raymond James.

  • Prospect in IB - Cov
Apr 8, 2020 - 9:50pm

Barclays, Credit Suisse, and a few others, but Barclays and CS are coming up very soon. How are exit ops for those?

  • Intern in IB - Gen
Apr 8, 2020 - 9:51pm

Both are very solid, if you got an offer from either I don't know how you couldn't take it. Both have some really strong groups with great exit ops. You can always lateral if you decide you really liked the people at another place.

Apr 8, 2020 - 5:24pm

Depends on the offer. If it's BB/EB I'd take it and run... MM I'd try to leverage elsewhere before accepting

Array

  • 1
Apr 8, 2020 - 9:03pm

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