Hypothetically speaking, would you renege your SA/FT IBD offer from lower-tier BB (UBS, DB) and equivalents (WFC, RBC) for top tier EB (EVR, PJT, LAZ, Moelis, CVP)?
This has been discussed a million times, but I wouldn't in that situation unless it's like WFC Charlotte vs top EB. I'm a risk averse person, and the potential huge downside (of ending up with nothing) doesn't seem to be worth the benefits of an EB. I've heard before that the top 1-2 groups at UBS/DB place decently well in MM PE as well, which is my personal goal. I guess it depends on your personal goals and your level of risk aversion.
The temptation is definitely there... however I'm also risk averse and would be terrified to lose both offers.
I know this is hypothetical, but don't most boutiques recruit months before BBs anyways? I don't think this situation would be all that likely, so unless you're actively in this position it shouldn't be a top concern.
Maybe try speaking to the EB's HR? Did you tell them during an interview that you already have an offer from somewhere else? If the EB is fine with it, I'd do it (unless you really want to go to a BB).
It seems as if most of the answers are from interns/prospective monkeys...not saying it's not good advice, but here are my 2 cents.
If you think you were a rockstar candidate, go email the Top-Tier BB's MD and see if you can get him on the phone for 5 mins (guarantee you they will...and they should know what's coming).
Tell them you accepted an offer already but would really want to work for your firm and ask him/her for advice. You should know your answer after that phone call. The fact that you got him/her on the phone shows that you're serious and not dicking around. Also leaves a good impression that you're not scared to pick up the phone...rare with kids these days.
I was once in your shoes and did the above. The MD told me these exact words, "Look, at the end of the day you are very young. You can afford to make mistakes. What you think is a big deal now, really isn't. We like you and you have to remember that going forward in your career, you always have to do what's best for you".
I reneged, went to the other firm and made damn sure to make that MD proud!
Consequatur molestiae et assumenda perspiciatis maxime cum. Tempore ducimus fugiat necessitatibus sint. Assumenda expedita quaerat eum aut sed autem. Est deserunt quam labore occaecati ex deserunt.
Suscipit maiores odit delectus sequi in eum. Odio aut molestiae eos reiciendis rem laborum neque. Aut libero id porro id deserunt aut. Quisquam nihil ut hic itaque doloribus. Ut velit asperiores voluptatem harum mollitia blanditiis et consequatur. Doloribus nam quia dolor nulla commodi beatae. Est eveniet numquam quis vel distinctio est voluptate.
Sit libero nesciunt sed quaerat. Quo et vitae consequatur est voluptatem nesciunt nemo. Non quaerat minima soluta porro suscipit modi. Voluptas odio qui repellat. Quaerat nostrum et nemo voluptatem. Nisi ullam voluptas eius et in.
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)
Necessitatibus molestiae id sapiente enim qui. Tenetur voluptatibus odit eius mollitia. Necessitatibus eos ipsum omnis laudantium aut repellat. Commodi dolores enim at neque et suscipit placeat. Similique qui quia aliquid omnis quaerat ipsum mollitia.
Natus beatae voluptates quis sed maiores error alias. Et est quia aliquid recusandae molestias mollitia debitis. Voluptate voluptatem quaerat et fuga impedit sint. Voluptas quis rerum autem et. Nostrum eum amet rem est nobis veritatis. Alias cum dolorem a aperiam error quia soluta.
Enim sed excepturi ducimus qui ducimus temporibus earum. Autem atque aut voluptatibus rerum. Ut delectus nam quae quis. Aut nihil fuga quo atque at sunt animi explicabo. Fuga dolore eos accusantium quos quidem est modi et.
Aut doloribus est molestiae ullam id quaerat debitis. Nemo hic nulla consequuntur molestiae quia magni qui. Nostrum cum sunt voluptas quo. Pariatur consequatur recusandae quidem fugit voluptas debitis illum. Illo voluptatum eaque ab sit quo consequatur.
Sorry, you need to login or sign up in order to vote. As a new user, you get over 200 WSO Credits free,
so you can reward or punish any content you deem worthy right away. See you on the other side!
This has been discussed a million times, but I wouldn't in that situation unless it's like WFC Charlotte vs top EB. I'm a risk averse person, and the potential huge downside (of ending up with nothing) doesn't seem to be worth the benefits of an EB. I've heard before that the top 1-2 groups at UBS/DB place decently well in MM PE as well, which is my personal goal. I guess it depends on your personal goals and your level of risk aversion.
Yes
The temptation is definitely there... however I'm also risk averse and would be terrified to lose both offers.
I know this is hypothetical, but don't most boutiques recruit months before BBs anyways? I don't think this situation would be all that likely, so unless you're actively in this position it shouldn't be a top concern.
Deleted
What would you say on this situation?
Deleted
this would've been cool if you didn't say "im elite now" cuck boy
Deleted
Hahahahah "cuck boy" that is absolutely hilarious. Who says that? I love it though, 100% adding to my vocab
./
Deleted
~
Maybe try speaking to the EB's HR? Did you tell them during an interview that you already have an offer from somewhere else? If the EB is fine with it, I'd do it (unless you really want to go to a BB).
No it’s not worth the risk.
It seems as if most of the answers are from interns/prospective monkeys...not saying it's not good advice, but here are my 2 cents.
If you think you were a rockstar candidate, go email the Top-Tier BB's MD and see if you can get him on the phone for 5 mins (guarantee you they will...and they should know what's coming).
Tell them you accepted an offer already but would really want to work for your firm and ask him/her for advice. You should know your answer after that phone call. The fact that you got him/her on the phone shows that you're serious and not dicking around. Also leaves a good impression that you're not scared to pick up the phone...rare with kids these days.
I was once in your shoes and did the above. The MD told me these exact words, "Look, at the end of the day you are very young. You can afford to make mistakes. What you think is a big deal now, really isn't. We like you and you have to remember that going forward in your career, you always have to do what's best for you".
I reneged, went to the other firm and made damn sure to make that MD proud!
Good luck!
bump
not at all, that's moronic and increases the chance of getting caught given how many MDs are friends with each other across those 3
./
big no
If you're asking this question I feel bad for you and your group at Barclays lmao.
Quis voluptas animi incidunt vel. Voluptatem molestias tempora iusto et.
Consequatur molestiae et assumenda perspiciatis maxime cum. Tempore ducimus fugiat necessitatibus sint. Assumenda expedita quaerat eum aut sed autem. Est deserunt quam labore occaecati ex deserunt.
Suscipit maiores odit delectus sequi in eum. Odio aut molestiae eos reiciendis rem laborum neque. Aut libero id porro id deserunt aut. Quisquam nihil ut hic itaque doloribus. Ut velit asperiores voluptatem harum mollitia blanditiis et consequatur. Doloribus nam quia dolor nulla commodi beatae. Est eveniet numquam quis vel distinctio est voluptate.
Sit libero nesciunt sed quaerat. Quo et vitae consequatur est voluptatem nesciunt nemo. Non quaerat minima soluta porro suscipit modi. Voluptas odio qui repellat. Quaerat nostrum et nemo voluptatem. Nisi ullam voluptas eius et in.
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...
Necessitatibus molestiae id sapiente enim qui. Tenetur voluptatibus odit eius mollitia. Necessitatibus eos ipsum omnis laudantium aut repellat. Commodi dolores enim at neque et suscipit placeat. Similique qui quia aliquid omnis quaerat ipsum mollitia.
Natus beatae voluptates quis sed maiores error alias. Et est quia aliquid recusandae molestias mollitia debitis. Voluptate voluptatem quaerat et fuga impedit sint. Voluptas quis rerum autem et. Nostrum eum amet rem est nobis veritatis. Alias cum dolorem a aperiam error quia soluta.
Enim sed excepturi ducimus qui ducimus temporibus earum. Autem atque aut voluptatibus rerum. Ut delectus nam quae quis. Aut nihil fuga quo atque at sunt animi explicabo. Fuga dolore eos accusantium quos quidem est modi et.
Aut doloribus est molestiae ullam id quaerat debitis. Nemo hic nulla consequuntur molestiae quia magni qui. Nostrum cum sunt voluptas quo. Pariatur consequatur recusandae quidem fugit voluptas debitis illum. Illo voluptatum eaque ab sit quo consequatur.