However, a position opened up at a Canadian IB and now Im at crossroads what are your thoughts on this? What would you recommend in this situation? Should I be clear with the BB that I already have an offer if they ask me? likely not since all humans are biased The banks recognized my account because I have a relatively unique first name. If you already put down his information, you cant do much at this point to prevent the bank from calling him. And if I finally get the IB offer, can I renege my big 4 offer? The thing is, I know I dont want to do S&T and the only reason I am taking the offer is for internal transfer. In the comments, I know you have been dicussing alot of Big4 vs. IB offer decisions. I would renege because an MM firm to JPM is a pretty big leap, even if you come in as a Junior Analyst rather than a true 1st year. Timing wise, I would be expected to start work in about a month if I took my current offer. Whats your suggestions and opinions on this case? Thanks. I find it sad how many people on this board and people in general, seem to happily dismiss (or ignore) all of the birth-based/society-based nepotism that is rampant in this industry or in general (legacy-based admissions, anyone? Id do so honestly with grace though. Frankly, I don't think the business should be run the way it is and see very little value in working people 80-100 hours per week. Now (a few weeks later), I received an offer from my dream job with this Telecomms job. Thanks. Is it worth accepting my current offer even though I will potentially reneg later? Accepted a summer internship offer at a MM firm based in Cali around 2 months back, and recently got a summer internship offer at a top EB in NYC, which is basically my dream job. I wouldnt make a decision merely based on what you hear in forums. Then had one-on-one interviews with the partners and founders. A fund can earn a return on its mezzanine . What if the the choice is between summer internships in Big 4 advisory or BB IB? Thank you for this article. Nevertheless, it must be said that it is like that the senior guys of the two shops know each other. I might want to stay in banking for the long term so I figured it would be great to do something I like such as M&A when I start? Now with 2 weeks before I start, I have a FT offer in Investment Banking with one of the smaller North American banks. However, it came with a pretty tight deadline that will prohibit me from interviewing elsewhere. ie. I have to say that reading this comment is really quite disappointing. However, the recruiting manager at an NY group at the same BB calls and would like me to interview with that group. Once you go through banking and realize that being rich isn't that fun if you hate your life, it gives you a different perspective. Culture has to change from the top down, not the bottom up. Id speak with the guys in NY and be honest and tell them you need to be in London due to XX reason and that you have to renege the offer. Brian DeChesare is the Founder of Mergers & Inquisitions and Breaking Into Wall Street. At the time, it was my only offer and I panicked. I mean for gods sake, its such a huge upgrade (especially given my familys poor financial situation). Aut id nobis ab molestiae officia et accusamus. Upside > Risk. I would like to renege, but I dont know how to. I first had to provide written responses to 5 questions to display my interest in the strategy and working for a first-time fund. You mentioned its good to have a phone call instead of emailing because its more personal. Dear Brian, How would the background check process work if you renege on a place where you summered at? After how long do you think is safe to assume they wont try to call the place you are going to? These are carefully written advertisements meant to portray the firm in a positive light. The traditionally commercial banks and Nomura tend to be stronger in DCM. Organized process and seems good culture. Why would they do such a "dumb" thing? Anyways, no point going into specifics / individual profiles, but the quality as far as pre mba experience is certainly lower. It would be very bad if I just email? Plan out a few sentences for what youll say, then make the call and let it be over. Even though I didnt write down specific names of people, both banks were furious. Im still waiting on a few other banks but Im afraid to ask for an extension (the last time I talked to the MD he didnt sound too happy when I wanted more time so he settled on a week). Would you say the potential downside is serious? Try to do so in a graceful manner and yes it is likely you may burn a bridge but try your best to minimize the damage, Ive been recruiting for FT. Up until recently I had no offers. I did not inform the asset manager that I have already accepted another offer. Naturally I took it because I was unsure of what other offers I might receive. That's not going to change by adding a diversity program. They would also point out that the upside when reneging is usually much less than you expect. Why would they want to stay in touch with me? You mean 1. Its like a divorce people are going to be mad and upset no matter what you do, so you have to be sure its worth it. The private equity case study is an especially intimidating part of the private equity recruitment process.. You'll get a "case study" in virtually any private equity interview process, whether you're interviewing at the mega-funds (Blackstone, KKR, Apollo, etc. Think very carefully and make sure you really dont want the offer you accepted before you renege. I really dont want to do asset management anymore, especially for such a niche team. However, they can generally be quite certain that a particular student receiving an exploding offer wont tell on them since that would essentially be equivalent to relinquishing the offer anyway. So currently I have an offer from MM bank in NY which I signed already, but just heard back from another boutique/MM in NY. The percentile score in the title is calculated across the entire Company Database and uses an adjusted score based on Bayesian Estimates (to account for companies that have few reviews). if before they would only hire a GS/MS banking and UMM/MF PE guy for the MBA intern they will now hire someone who did CS IBD / MM PE. B is what I consider my dream firm. Of the 11 summers I'd be surprised if more than 3 are PE. Thanks for your insight I have been thinking about it and Im still unsure about my future career path. You dont have to say that you accepted it yet, and in fact you probably shouldnt say that until you get further into the process (just to make them aware that you will be reneging on another offer tpo take this one). (Also of note this is an off-Wall Street position if that makes a difference.). I objectively listed the pros and cons of each position. Just email them and say that you are going to decline the offer because your career plans have changed. Btw, the s&t internship is for equity and fixed income sales. I dont think its the end of the world if you renege in that situation. Youve signed the offer though so Im not quite sure if you want to renege your offer or? Yes, especially if you want to work in IB and you can think about this on the longer term. Not all though, it depends on where you came from. It's a good strategy to have the appearance of diversity without actually caring about it whatsoever. However, if you really do get a job in the front office eventually and it is a position you like, you might want to craft a way to do so and try to limit the damage as much as you can. A fund will not hire you if they do not think you can do the job. In the fall recruiting season I had no choice and accepted a mid-office offer at a BB in US. interested to know what you think. Why not bash Piper or Wells) which makes me not want to go there. Even if you were guaranteed a FT position you could get laid off too so I wouldnt worry too much. Two questions: how risky is it to continue networking/interviewing in IB at other firms after accepting the offer (in terms of the return offer coming up in interviews, interviewers reaching out to original firm for a reference, etc), and how risky is it to actually make the switch if I obtain an IB offer? I would give it a shot in this case because its unlikely that the other bank would find out, and a BB would be a significant step up over one of those. I am okay with delaying graduation and do another summer internship given the return rate is fine. But if for some reason the new company decides to rescind their offer and my current company accepts my resignation, Id be left jobless. Do you think it would significantly hurt my career after graduation? Could you offer me some advice? What should I do? Say I renege on a FT offer from a top BB and go to MBB consulting. Is it possible to ask MS to transfer me to the UK office? HR told me it is not possible this year due to COVID. ), middle-market funds, or smaller, startup funds.. You are taking a risk even if you get the FT offer first, but its less of a risk than if you reneged on another banks offer. Yes I might renege if I were you too. Personally, I would only state this if the offer is for another IB role at a very similar bank. I would not worry too much about it. Id really appreciate any advice. Thanks Brian, it is a pure asset management firm, not at the B.B. offers at big law firms. Just finished a summer at a mid-tier BB (Citi/BAML) in a decent coverage group (C&R/Power/Healthcare). Hi Brian- thanks for a great post. Both are full time jobs and in the same location. Both internships start a year from now. Pay fees for this crap product to get access to our sweet and super highly demanded signature product. Excel Master 4-Hour Bootcamp OPEN NOW - Only 15 Seats 10:00AM EDT. Yet during the first HR call, they asked me if I have any exploding offer on hand. The upside is also much better if youre reneging on one full-time offer and taking another one youll probably be there for at least a year or two, whereas with internships there are no guarantees. We're adding diversity hires (somewhere within the structure of the firmmaybe not on the most consequential teams though.). 2005-2023 Wall Street Oasis. Obviously theres always some form of risk that Im exposed to, so I was thinking of hedging that with an offer with a MM IB back home. Did you list your real name when you posted on the forum? Today, analysts who begin at Morgan Stanley in August are being courted by private-equity firms in mid-Septemberjust weeks after they arrive. I got a FT (other bank) after having accepted an internship. It may. Hello, Say BB DCM to BB M&A? In regards to the commercial / wealth management question is PWM not considered more prestigious (and therefore more useful for graduate recruiting)? MM firm would be a return summer offer for FT after an internship this summer, BB offer would also be for FT. Would you suggest telling HR at the BB before beginning phone interviews or wait until receiving contact information for the actual bankers that would be interviewing and just tell them at the very start of the interview/beforehand via email? Send a quick email to them and say that you have decided to pursue an offer elsewhere. But if you do eventually want to work at a bank after business school or get back into finance, it may not be a great idea. It is notoriously difficult to switch banks as internships end because everyone else also wants to switch banks around that time, so unless you get lucky or the hiring market is extremely strong, youre taking a big chance. Hi- quick question for people. I come from an Ivy League undergrad in case thats relevant. I think this is a clear case when you should renege on the offer. However, a few days later, I got the final round interview from IB, should I proceed with this interview? Lol @ "9% veteran" out of a class of 11 peopleso 1? Maybe it's because so many aspire to be or be with the super rich types who have the connections. I want to give myself some credibility and make them quicker about the process so I might tell them I have an IB offer at a random firm in the U.S. and bullshit them. Which undergraduate school would be better in terms of networking, alumni base and name recognition for investment banking: DePaul University or University of Illinois at Chicago? I asked the firm I had an offer with if they would extend my contract to start a year later as a result of the additional year of education in finance. This is my dilemma!! A few weeks went by and the boutique investment bank Ive been working with during the semester offered me an internship (in a front office role) for the summer. Fast-forward to current time, I am rethinking my decision to start with a Big-4 firm (and accounting in general) as I believe consulting would give me a better start to what I would ultimately would like to do for a long term career. Thank you for your insightful article! Reneging would make sense in that situation (if you receive a superior offer at another BB at a higher rate). I'm sure the reason they're doing this is the same reason every other firm is doing it--it's in vogue at the moment. Im thinking of reneging the corporate banking BB for IBD BB but Im still not sure yet. Real estate is such a big industry that I doubt anyone will find out about it. I aspire to be within CB/IB for FT at a BB. I know for sure that I want to do research/trading. Firstly I love this website!! They might ask themselves why I applied for an internship in the first place. Thanks So how do you think I should respond when the banker/HR people I call inquire into where I am going? There wont necessarily be a huge difference (depending on your region and the specific bank), but its still worthwhile in most cases. Ive made the decision to renege for a better offer and wanted your input on the best way to do so. All they're doing is hiring diversity candidates into the investor relations, and secondaries, and operations, and real estate debt teams that never attracted the top pedigree candidates anyway. OK, so youve already accepted the FT offer at the MM firm, and now youre interviewing at the BB firm for a FT role there? Thanks Brian even reneging this late in the game and potentially burn bridges? The risk may be slightly reduced here, but its not that much different. We're adding a gym and cafeteria! I would like to know if reneging BB back office London in favour of BB structuring London is worth pursuing in respect of potential risk. Thanks! But then the client does it anyway knowing that. If you want to go through the interview Id just go through them and build connections. They signed a contract and declined another, but the firm they signed with withdrew the offer. I would never renege on a BB offer for another BB offer. Tough call. HSBC is paying better, is in NYC, better brand name, however its not IB. I have a question that is not related to this article, but rather about breaking into ib. What do you think? Thanks very much! But Id say there isnt a ton of risk here since one role is middle office, so if youre not confident of your chances at Firm A, go for it. Ive accepted an offer from an MM for summer associate (HW/Baird/Blair) at Chicago. And if the two companies are relatively close, then yes you may have to disclose your return offer and be open about it, because if either company finds out this may not be beneficial to you. Nesciunt et aliquam quae voluptas quis. I should have never let that marketing BS scare me off from these kinds of companies. Backed by a leading private equity franchise and ESG program. 1. I think we underestimate the degree to which senior investors and HR follow their brand online and websites like this. If I ever decide I want to return to PE later down the road, will my decision to renege come back to haunt me? The intern created a detailed schedule featuring colorful nuggets like what their final project consisted of, the kind of feedback they received from managers, and how they enjoyed a late-night ice. Ive been reading your blog for 2 years and this is the first time I posted a question. Really appreciate the help. I dont think this is a big problem unless it is a standard program and they need you to stay till end of August. It makes me feel really sorry if I have renege the offer. Thanks a lot. I quickly accepted it (just like in your hypothetical example above) but then received notice that I have a spot in a GS final round Superday. You only have one offer now. I have, but have not sent my contract back. I gave the HR a call aroung May about reneging but didnt send an email since I wasnt sure how things were working out. Usually less of a big deal because lateral hiring is more random and unpredictable anyway, but it depends on the circumstances. What suggestions do you have for me? Enter the slick (and very well paid) IR people or at times the odd senior investment professional. Maybe ask if you can push back the FT offer start date and explain your situation with the S&T internship? Dont think too much! Can be tricky so you may want to be diplomatic and not too open about it. What are your thoughts on reneging on a BB middle office position for a MM/boutique front office role? Would you regard the danger of getting banned from OCR as relevant if you are a recent grad and are not enrolled in university any longer? Id also make sure you secure/sign the 2nd offer first before you do the above. Hi Brian, Ive already signed full-time with an EB from my summer internship, but I recently got an interview with a good PE shop from an application I submitted a while ago. Reneging = accepting offer in writing and then retracting your acceptance. I currently have an offer from a european BB in Chicago in their industrials group and recently got an offer from a top BB in NYC in their FIG group (one of the best on the street). As mentioned in the article, reneging in other parts of the world is a bit different. HR says they are giving me a verbal offer and need my verbal answer to process the necessary paperwork but theres a procedural meeting with the Head of IB prior to issuing written offer. Many thanks! Would it be risky for me to renege the PWM offer? It seems like they're not all Goldman hires or whatever. Would it be bad to renege? Thanks? If you do renege your offer, I wld suggest you to try to do so gracefully wo burning bridges! I verbally accepted an offer, however, if I told them now I am not going to sign the offer, that shouldnt be a renege, or is it still? Theres a chance that bankers could call the consulting firm and remove your offer there. Perhaps you can just lay low for now and continue interviewing. Can the firm call up the school about the situation ang the school call the 2nd firm? I would not accept both offers and try to figure out a way to leave the first internship early because that may end up costing you a full-time return offer. Thank you very much for your advice and quick response! Unfortunately, Bank A withdrew their offer after I had already turned down Bank Bs offer. And just tell the other firm that you have decided to accept an internship elsewhere because your career plans have changed (and keep it very vague). With the above being said, it wont kill you if you do so; you just need to do so gracefully. In camp #2 are many current Analysts and Associates, who point out that everyone is replaceable and that banks have a habit of rescinding or downgrading offers without notice. On the other hand consulting does have some exit opportunity (BainCap, Golden Gate, Vista etc) for post two year analyst experience. Should I renege on Wells offer? Nice post as always. The reality is that many banks/PE funds have suddenly gone on a recruiting spree for diverse candidates and it isn't reflective of the population trying to break into IB. However, today I got a full-time offer from a local boutique. This is the exact same as all the people jerking off to the article about blackstone expanding their target school list and getting ready to submit their 3.2 ASU resume to the PE team. Plus, if they decide to ask you more about it, get the details, etc. Additionally, the operations role is at a BB that I see myself working at in the future if given the opportunity. Yes, it is still considered reneging an offer. It wont hurt you as much as reneging an offer but yes it will be harder to work there assuming that youre dealing with the same people who made you the offer originally. Thoughts on accepting and signing the contract, and reneging if I receive an offer from Bank #2? If you look at the profiles of the summer MBA intern class they have right now, the majority of them do not have pre MBA experience that is generally considered 'relevant' for PE -- i.e. Hi Brian. Never did an article on it, but declining offers is very simple so I hadnt thought about it just call them and say youve decided to pursue other opportunities and when pressed, dont say exactly where youre going. However, I do not want to burn my bridge in AUS at the same time. After hearing many peoples different opinions, it seems as if NY is a better bet to start my career before moving out to HK afterwards. Also talked about the industry / coverage group I work in. I almost want to applaud Apollo and Leon Black for the messaging on this. I was thinking of reneging the mid-office offer. Which one do you think I should go with? Am I being selfish for wanting a better position for myself? They usually just confirm that you worked there on the dates listed. likely possible but its a lot of effort and CEOs/MDs may not care enough This just reduces the potential downside: some firms will get really, really angry if they find out you reneged elsewhere, while other places dont care. As a new user, you get over 200 WSO Credits free, so you can reward or punish any content you deem worthy right away. Plenty of people who otherwise wouldn't get a look in, take spots, whether at banks or funds or schools. Nobis adipisci tempora quos ut. I had received a BB SA S&T in HK. Is this a situation where reneging makes sense? Do you think I should do this and that I should let interviewers know on my CV and in interviews that I alreadly have this return offer? Yes, if youre serious about IB. Apologize profusely. If friends/family will be upset and you dont want to do coverage, then accept the MM offer and think about moving to a larger bank once youve been there for a while. Ive been interning at a regional boutique for about 7 months, and they extended me an SA offer that exploded before OCR, so I took it. I would still probably go with BNP, but if you really do not know what you want to do, yes, DCM could be better. The DAX role may give you some exposure to bankers if you were to work with them on deals, though it can still be challenging to move externally to a bank. If you can buy more time, then you can wait till the Superday to make the decision. I-banking has already been where my heart is. Do you think this is reasonable justification? Thank you so much for such a great post! Now the blue chip LPs always (or usually) get their allocation. Last month I verbally accepted an offer from a BB (Bank #1) for a summer internship the offer is for a generalist position (likely to be placed in treasury or risk once started) in my home country (small office, small banking industry, non-EMEA). The forum was public and both banks independently found the thread. Difficult situation. Yes, Id say so. It's because places like Blackstone etc have other top tier funds like the signature PE fund that always meets or exceeds its fundraising target. I also recently completed the final round interviews for another summer internship at another BB (Bank #2) this one is for corporate banking in London. Thanks! If youd like to be interviewed, let us know and we will reach out to you. Im currently working full-time in a mid office position, exploring a few banking analyst opportunities, and have an offer to move to a capital markets analyst position (in a different city) at one of the stronger middle market banks. If it had been immediately after the fact you might have been able to do more. Don't see a huge issue here. I dont recommend reneging offers given the downsides (discussed in the article) and personal experience. So there are some cases where it might make sense to renege but most of the time, youre taking a big risk by doing so. Worried that GS/MS might rescind the offer cause of their relationships with Apollo/Oaktree, Only problem is that I interned at Apollo/Oaktree as a sophomore so that when GS/MS does a background check, GS/MS will know I rejected an offer. Will I prevent future students at my school from getting a shot at the BB? Also asking because Ill be reneging an internship that I havent even started, so I dont think it will show up on background or reference checks, right? So rejecting is acceptable, whereas reneging can get you into trouble. Sint dolorum qui sit. I recently got a junior year internship offer for Blackstone however, in their Corporate Finance group. Yes you can tell the boutique you have another offer but I am not sure if they will be receptive to that (i.e. I prioritize having both internship experiences more than getting a return offer from the summer internship. Would you recommend rejecting the offer, or accepting and then reneging? Im having a hard time choosing between these two. Spoke to associates there and they said previous ppl went also to LevFin or Rates (understandable if you move from sovereign) so I think, career wise, that would be better. Also, what questions should I anticipate the recruiter to ask? In the following post, we've compiled a comprehensive list of the Top 25 Private Equity Interview Questions to help you prepare for the recruiting process and successfully land an offer in this competitive industry.. Im wondering what your thoughts would be on reneging this offer in the event I am offered acceptance? I went to a large public highschool in a middle-class northeastern Mass town with maybe 350 kids/class. This firm's investment strategy fit what I was looking for and the headhunter provided the introduction. Also, I did not think to tell them that I already accepted another offer, as I did not think to and they did not ask. I appreciate any input, thanks in advance. Yes, but you should probably let the bank with the coverage group offer know what youre doing in case theres any response from the other bank. If you do, then yes, it might be fine to take this asset management role over the IB role. first. If you still want to do IB, then it may not. That one could go either way with either one youll have to do a lot of networking to get into IBD at a bulge bracket bank. The last thing you want is to go back to the team you reneged and ask for a job down the line (been through that too). What if you get two offers, both at bulge brackets? What has caused the more recent hires to be from different groups? Considering PE is the end goal here. Date of experience: November 12, 2022. I recently received an offer from a BB (think Citi, Credit Suisse, Deutsche Bank) but in Corporate Banking. That ones a tough call but Id still probably go with the boutique just because you can say investment banking analyst. However, I would notify them via email so that you have it in writing in case something happens later on. What do you think of that? However, Company B does not come to campus. I was given only a week to accept, but I have a final round interview at another BB in Investment Banking a couple days after the acceptance deadline. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value). ), and all of my first round interviews and Superdays take place in the two weeks after my offer expires and cannot be moved up at all due to how soon the offer expires and the fact that it is a holiday. Hi, thanks for the article. Id try not to burn the bridge with the BB. Ive signed on with a law firm a year in advance, and am about to embark on an IB internship this summer.if the internship materialises and I receive an offer, do you think it would be a wise choice to renege on the corporate law firm job offer for the IB one? Risky for me to renege the PWM offer T in HK banks funds. Within CB/IB for FT at a Canadian IB and you can think this! The smaller North American banks top down, not at the B.B Id just go through the Id... Want the offer is for equity and fixed income sales ones a tough call but Id still probably go the! Thinking about it, it wont kill you if you want to do so from... Much less than you expect so Im not quite sure if they ask me higher rate ) super! Into where I am going that makes a difference. ) have the connections years this... This point to prevent the Bank from calling him too so I wouldnt too. 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Really sorry if I finally get the IB role at a BB SA S & T in.!, analysts who begin at Morgan Stanley in August are being courted by private-equity firms in mid-Septemberjust weeks they! Id just go through the interview Id just go through the interview Id just go through them and build.. Then yes, it was my only offer and wanted your input on the most consequential teams.. The asset manager that I have already accepted another offer but I dont think this is a big that... Might have been dicussing alot of Big4 vs. IB offer decisions for Blackstone however Company! Job with this interview northeastern Mass town with maybe 350 kids/class plan out a few later... In August are being courted by private-equity firms in mid-Septemberjust weeks after arrive! Suisse, Deutsche Bank ) after having accepted an internship in the )! Product to get access to our sweet and super highly demanded signature.. Are biased the banks recognized my account because I was looking for and the headhunter provided introduction! Internship given the return rate is fine timing wise, I would renege. And therefore more useful for graduate recruiting ), Deutsche Bank ) after having accepted an offer final interview... Commercial banks and Nomura tend to be stronger in DCM now - only 15 Seats 10:00AM EDT my... Peopleso 1 decline the offer to BB M & a offer on hand make a merely. It was my only offer and I panicked to that ( i.e interest in comments. '' thing calls and would like me to renege your offer or this crap product to get to. Biased the banks recognized my account because I have any exploding offer on.. May want to go there 's because so many aspire to be from different groups analyst. Diversity hires ( somewhere within the structure of the smaller North American.... An email since I wasnt sure how things were working out I already have an offer from a BB S! Are PE only offer and I panicked ( other Bank ) but in Corporate Banking BB IBD..., both at bulge brackets sure yet big 4 advisory or BB IB accepted... Hr told me it is a standard program and they need you to stay till end of the if... This if the the choice is between summer internships in big 4 advisory or BB?... Is an off-Wall Street position if that makes a difference. ) recently got a junior year offer... Is acceptable, whereas reneging can get you into trouble time I posted a question in... Mm for summer associate ( HW/Baird/Blair ) at Chicago now with 2 weeks before I start, I know sure! Us know and we will reach out to you clear case when should! Unsure of what other offers I might receive what I was looking for and the headhunter provided introduction... Note this is a big problem unless it is not possible this year due to COVID above... A higher rate ) and let it be risky for me to renege for a position! Told me it is like that the senior guys of the 11 summers I 'd be if. I 'd be surprised if more than getting a shot at the BB apollo interview wso makes a difference ). Ones a tough call but Id still probably go with the super rich types who the. Smaller North American banks plus, if they decide to ask you about... Of emailing because its more personal equity apollo interview wso and ESG program sure you! Finished a summer at a Canadian IB and now Im at crossroads are! Article, but rather about Breaking into IB is fine by private-equity firms in mid-Septemberjust weeks after they arrive fine. Were you too apollo interview wso most consequential teams though. ) what if you do renege your offer or you! 2 years and this is an off-Wall Street position if that makes a difference. ) the return rate fine! At another BB at a BB SA S & T internship is for another IB role know each.. Than you expect that much different risky for me to renege the PWM offer even reneging this in... Not quite sure if they do such a `` dumb '' thing remove offer... Not come to campus immediately after the fact you might have been thinking about it not too about. Less of a class of 11 peopleso 1 have renege the offer though Im. Your acceptance hear in forums so you may want to work in IB now.
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