Saturday, 5 October 2013

Wall Street Oasis - Investment Banking & Finance Community: Accepting offer and not joining

Wall Street Oasis - Investment Banking & Finance Community
The Wall Street Finance Community where investment bankers, consultants, traders, private equity and hedge fund professionals come to learn and play. 
Accepting offer and not joining
Oct 6th 2013, 05:30, by John.Doe.2000

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Hi all,

I need some advice on handling offers.

I might receive an offer to join a BB in London for next year analyst class. (I did an internship at the bank, team I interned didn't have a spot next year and recommended me to other teams).

I prefer a job in consulting though and would only consider the banking job if I can't get an offer in consulting. I'd prefer to apply to consulting towards the end of the year though to have time to prepare for interviews. How should I handle the situation?

What are the consequences of accepting and singing the banking offer and cancelling it upon signing a consulting offer?

Thanks!

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