Best way to withdraw from an accepted offer

MBB offer
New answer on Nov 04, 2020
8 Answers
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Rami asked on Jul 18, 2020

Hi all,

Gladly I am in a very good position. I have about 2-3 weeks earlier accepted an offer at a tier 2 Consulting Company (Think; Strategy&, Kearny, Oliver Wyman) and now I have received an MBB Offer. MBB is for sure my 1st Choice, so how can I easily and politely withdraw from an accepted offer without leaving a bad reputation behind?

Thank you for your help.

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Udayan
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updated an answer on Jul 18, 2020
Top rated Case & PEI coach/Multiple real offers/McKinsey EM in New York /12 years recruiting experience

Hi Rami,

There is no easy way to do this, and it involves disappointing people that believed in you. I find that being honest is usually a safe bet. Be direct and to the point (like ripping a bandaid)

Something like -

I am terribly sorry to do this but I just accepted an offer from another company I was interviewing with. I find that I am a better fit with them given xx and yy and in the long run this would be a better option for me. I really appreciate all of the time spent with me on the process and I apologize about the last minute change of heart on my end but do hope you will understand.

All the best,

Udayan

(edited)

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Francesco
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replied on Jul 19, 2020
#1 Coach for Sessions (4.500+) | 1.500+ 5-Star Reviews | Proven Success (➡ interviewoffers.com) | Ex BCG | 10Y+ Coaching

Hi Rami,

Congratulations on your offers – that’s a great achievement.

I agree with the previous comments, I would recommend the following to structure your communication:

  • Call the firm instead of writing an email. You will give a more professional impression
  • Be honest. Refer to the fact you had an offer from another company that provided a response only now
  • Avoid to mention the new company name. Better to keep it general
  • Explain that you see the new company as the right fit for you in the long run. You can keep this general as well
  • Thank them for the opportunity. Show appreciation for their time and apologize for having to withdraw from the offer

Best,

Francesco

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Robert
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replied on Jul 19, 2020
McKinsey offers w/o final round interviews - 100% risk-free - 10+ years MBB coaching experience - Multiple book author

Hi Rami,

Congratulations to your situation - many would be happy to have that choice at the moment!

Don't worry too much about it. It's almost daily business for HR and basically all applicants apply not only at one firm, so chances are pretty high that you might end up with multiple offers (and sometimes you can't arrange all interviews in a certain sequence which allow having all results on the table at one point in time to choose from).

The main idea is: communicate responsibly. Grab your phone and talk to HR. Be straight-forward and tell them that you decided to take another offer with a short explanation why (and focus how the other firm is a better fit to your skills/background) - at the end of the day both of you should be happy if your fit is better with the other firm and you don't take the offer we talk about.

Hope that helps - if so, please be so kind to give it a thumbs-up with the green upvote button below!

Robert

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Anonymous replied on Jul 19, 2020

Would also call asap on Monday morning to let an HR representative know (or the persons who interviewed you depending on how close you are). Also follow up with an email, starting with "Dear X, thank you so much for your time on the phone [...]" and CC the consultants interviewing you/involved if you have their contact details, thanking them for taking their time to interview you.

Note: There's no easy way to do this without burning bridges. The ideal scenario would of course been to negotiate the mid-tier deadlines for when you had to accept the offer. MBB typically are flexible in interviewing you and can push your interviews before your other exploding offers. But sometimes this isn't doable of course :) Good luck!!

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Anonymous replied on Jul 19, 2020

Hi,

I would be honest with the reasoning but very polite in the delivery and don't forget to praise 2nd tier firm in the end of your message.

e.g. I receive an offer from another company that I think is a better fit for me. However, I still think xxx is a great firm and this is decision is a personal decision based on reflection of career objective etc etc

This very likely blacklisted you from the firm but I don't think that matters at this point.

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Ian
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replied on Jul 19, 2020
#1 BCG coach | MBB | Tier 2 | Digital, Tech, Platinion | 100% personal success rate (8/8) | 95% candidate success rate

Hi Rami,

I agree with Udayan. I think his response strikes the right balance :)

I would just add, if you can, give them a call - it's always better to talk these sorts of things through over the phone.

Also, congratulations! You're in an enviable position for most!

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Gaurav
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replied on Nov 04, 2020
#1 Career Coach for Aspiring, Practicing & Ex-Consultants|The Only 360° Coach - Ex-Mckinsey, Certified Coach & Recruiter

Hi Rami,

Congratulations on the offers!

The best you can do is to be honest, call HR and say that you’ve got another offer and you find it more interesting (say why in few words).

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All the best,

GB

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Clara
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replied on Jul 20, 2020
McKinsey | Awarded professor at Master in Management @ IE | MBA at MIT |+180 students coached | Integrated FIT Guide aut

Hello!

Congrats! It´s a lovely problem to have.

When I found myself in the same position, I actually set a meeting and told them in person.

It was a great experience, gained a lot of trust, and would recommend you doing the same (if COVID allows in your location).

Hope it helps!

Best,

Clara

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Udayan gave the best answer

Udayan

Content Creator
Top rated Case & PEI coach/Multiple real offers/McKinsey EM in New York /12 years recruiting experience
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