When applying for an internship at university or for a full-time position in your last year - what do you do with offers from other firms or banks who have accepted you. For instance, let's say you applied for 5 BB banks as an analyst, and you got into all 5, but you can only go to 1. Do you respond to the other offers by declining them? Does this affect your employment chances if you want to work at one of the others eventually later in life? Do they see you turning down their offer as meaning you won't work for them and will they hold it against you?
Jan 12, 2021
Free Month
Contribute to the database and get 1 month free* Full online access!
$0
Contribute and get 1 month free!
1 week free for intern submissions
Most Popular
WSO Premium
Full database access + industry reports: IB, PE, HF, Consulting
$8.08 per month billed annually
...or $19 month-to month
Includes All Industry Reports
25k Interviews, 39k Salaries, 11k Reviews
IB, PE, HF Data by Firm (+ more industries)
WSO Elite Modeling Package
- 6 courses to mastery: Excel, Financial Statement, LBO, M&A, Valuation and DCF
- Elite instructors from top BB investment banks and private equity megafunds
- Includes Company DB + Video Library Access (1 year)
Related Content
See moreTotal Avg Compensation
January 2021 Investment Banking
-
Director/MD (9) $911
-
Vice President (31) $349
-
Associates (141) $232
-
2nd Year Analyst (88) $152
-
3rd+ Year Analyst (19) $150
-
Intern/Summer Associate (90) $144
-
1st Year Analyst (349) $132
-
Intern/Summer Analyst (299) $82
Upcoming Events See all
-
Jan02
-
Jan16
-
Jan02
Comments (2)
Generally if you have been in contact with recruiters and choose to accept an offer from another firm, it's well-mannered to inform your recruiter via email that you won't be accepting their offer. Some firms may hold it against you but I don't think it's a widespread issue if you want to join down the line.
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 Want to Unlock by signing in with your social account?