take RBC offer or no?
Serious Should I accept an RBC offer or decline and keep recruiting the next few months? I feel like deep down I'd be unhappy and self conscious knowing I could have ended up somewhere better
Trending Content
Career Resources
WSO Free Modeling Series - Now Open Through
April 30, 2024
9 Free Financial Modeling Lessons
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
+Bonus: Get 27 financial modeling templates in swipe file
+Bonus: Get 27 financial modeling templates in swipe file
Here we go again.
im serious, any advice would be appreciated. other topics are just memeing but would love help on a decision
Not funny anymore. Anonymous is getting annoying as hell
im dead serious
You'd have little to lose with an RBC offer even in a great market. It is a very good firm, and is well known for having weathered the '08 crash better than almost any other big bank. (And I have never worked there). In this environment you should absolutely take it.
What would be a good idea, and entirely reasonable, is do some extra due diligence on the stability of the group that is extending you the offer, and get as much reassurance as you can that if you accept and stop recruiting, they will actually have a position for you.
You're not going to get anything binding out of those conversations, but you will be able to read between the lines and judge for yourself if they really believe what they're telling you.
Of course! RBC is a well respected lower middle market investment bank that specializes in ECM deals tossed over by Piper Sandler. If you're a company with $100-$200K in EBITDA please reach out to [email protected]
RBC in the news:
Head of Investment Banking Fired https://business.financialpost.com/news/fp-street/rbc-fired-u-s-investm…
Co-Head of Investment Banking moving to Mizuho https://www.bloomberg.com/news/articles/2019-08-05/mizuho-is-said-to-hi…
Insider Trading https://markets.businessinsider.com/news/stocks/rbc-analyst-bill-tsai-i…
On the off chance that this is seriously not a troll, I can PM this person and I'm happy to give actual objective insight. Short of it: take the offer unless you have a close contact at one of the top BBs or top EBs. Also what the other certified user said is true, in regards to the uncertain future ahead, RBC is the safest bet as they were one of the very few banks that went through the financial crisis untouched
You work at RBC bro?
Lol a firm that paid 0 bonuses to associates is the "safest bet." I'd take any BB or EB over RBC
He's back lol cmon man give up
They didn't pay 0 bonuses genius. The bonuses were low but obviously not zero - maybe your fellow bottom-bucket friend at RBC got zero but that's not unexpected at any bank.
And to answer the OP - you can accept an RBC offer and renege for a top BB/EB if you get it.
i would try to take your offer and try to leverage it for a superday at Tobin & Co.
assuming this isn’t a troll — I know a couple people who took RBC offers and reneged for a top BB a couple months later
worst case is you have a job at a solid bank as a back up if nothing else works out or you can burn some bridges and try to get an offer elsewhere
I would try to leverage the offer with firms that you would prefer. At the end of the day, though, a bird in the hand is worth two in a bush.
Nihil aliquid sequi sed maxime quo. Repellat debitis fugit itaque debitis et quo est.
Et molestiae corrupti voluptatem modi consequatur. Recusandae atque et provident aut sed. Vitae quam perspiciatis quos autem id qui.
Animi dolores voluptas harum doloremque ad est. Assumenda vitae qui dicta nemo nam. Cupiditate nam quidem aperiam in atque non facere. Quibusdam qui praesentium quibusdam aut sunt sit.
Rerum consectetur minima in animi earum distinctio. In itaque repudiandae et quidem iusto. Sint temporibus sit aut delectus aut dolorem et qui. Laborum voluptas dignissimos qui nam omnis occaecati consequuntur.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...