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How to evaluate reneging an offer vs. join a dream firm?

offer
New answer on Nov 08, 2021
6 Answers
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Anonymous A asked on Nov 05, 2021

Recently my current company provided a regional opportunity working at the headquarter, but the new boss wanted me to commit for 2 year (at least). My current boss has been very supportive about this opportunity. As I was originally planning to apply to MBB firms recently, I am facing a moral dilemma.

Should I sign up for the regional role but speed up MBB application at the same time, keeping the regional role as a “back up choice”? Or should I stick in the role for 2 years then apply to MBB at that time? I know MBB is my ideal firm and I want to join the firms at the right timing in my career.

Could you please share with me your past experience, how to make a decision of breaking a commitment (i.e. reneging an offer)?

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Agrim
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replied on Nov 06, 2021
BCG Dubai Project Leader | Learn to think like a Consultant | Free personalised prep plan | 6+ years in Consulting

Unless your new boss is asking you to sign a legal contract for a 2-year commitment, there is no reason to feel any “moral dilemma”. The rule is - you wantz your dream job - you haz your dream job.

The only dilemma you should worry about is legal hassles.

It is perfectly acceptable to say that 6-months down the line you changed your mind about your career ambitions due to XYZ reasons. No one is going to hold you back form switching jobs.

If your new boss is the sort of person who will stab you in the back at the reference-check phase for jumping too early - then you better not join with him at all. Better to keep your current supportive boss and get-on with attempting for MBB.

If you make it to MBB, then good! If you don't make it to MBB - figure out something else with your supportive boss.

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Francesco
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replied on Nov 06, 2021
#1 Coach for Sessions (4.500+) | 1.500+ 5-Star Reviews | Proven Success (➡ interviewoffers.com) | Ex BCG | 10Y+ Coaching

Hi there,

Q: Should I sign up for the regional role but speed up MBB application at the same time, keeping the regional role as a “back up choice”? Or should I stick in the role for 2 years then apply to MBB at that time? I know MBB is my ideal firm and I want to join the firms at the right timing in my career.

If your goal is to join MBB, you should go for it. As mentioned by Ian, your current role could be a good backup plan to then apply again in 2 years if it doesn’t work now. If possible, try to anticipate things with MBB so that you don't have to withdraw a newly signed contract.

Best,

Francesco

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Clara
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replied on Nov 06, 2021
McKinsey | Awarded professor at Master in Management @ IE | MBA at MIT |+180 students coached | Integrated FIT Guide aut

Hello!

This is very personal, but I would 100% go for it an apply. Having options is never never never and issue

Hope it helps!

Cheers, 

Clara

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Ian
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replied on Nov 05, 2021
#1 BCG coach | MBB | Tier 2 | Digital, Tech, Platinion | 100% personal success rate (8/8) | 95% candidate success rate

Hi there,

What a great problem to have!

If MBB is your dream and that's where you ultimately want to be, why wait? I think it makes sense to try to accelerate MBB and keep the regional role as a backup. If you don't get an offer, you have an excellent plan B AND get a 2nd attempt in 2 year's time :)

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Pedro
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replied on Nov 06, 2021
30% off in April 2024 | Bain | EY-Parthenon | Roland Berger | Market Sizing | DARDEN MBA

You should accelerate the MBB process. It's great if you can get the offer before you sign in to the new role, it's sort of ok if it happens when you are in the transition process. 

They want the commitment because they will give you training (either formal or “on the job” for a long time and expect to recover that investment. So if you are going to leave, do it as soon as possible, or then wait the 2 years. Nothing in between is acceptable. 

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Adi
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replied on Nov 08, 2021
Accenture, Deloitte | Precision Case Prep | Experienced Interviewer & Career Coach | 15 years professional experience

If you are absolutely clear & sure about joining MBB, then go for it. Speed up the process now.

If the current firm makes you sign a 2-year bond, then you need to work out how to not do that and keep your commitment to “verbal and based on best efforts”. Dont sign and then try to come out of it inside of 2 years should you get the MBB offer. 

Have a look at this article for some helpful tips you can borrow: https://www.preplounge.com/en/how-do-i-know-which-career-is-right-for-me

All the best!

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Agrim gave the best answer

Agrim

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