Get Active in Our Amazing Community of Over 451,000 Peers!

Schedule mock interviews on the Meeting Board, join the latest community discussions in our Consulting Q&A and find like-minded Case Partners to connect and practice with!

How does the Consulting Q&A work?

Anyone can ask a question
Anyone can write an answer
Upvotes let answers rise to the top
What would you like to ask or discuss?

Accepting an offer while waiting to hear back from other firms - bad etiquette?

cancelling offer Interview Scheduling MBB Multiple offers T2
Most recent answer on Apr 01, 2022
The best answer (on Apr 01, 2022) is from:
Ian
Expert
#1 BCG coach | MBB | Tier 2 | Digital, Tech, Platinion | 100% personal success rate (8/8) | 95% candidate success rate
Ian
Expert
gave the best answer on Apr 01, 2022
#1 BCG coach | MBB | Tier 2 | Digital, Tech, Platinion | 100% personal success rate (8/8) | 95% candidate success rate
Hi there, I'm sorry but how can you possibly think it's not bad etiquette? You just said the MBA program said it was bad etiquette, that HR would not be happy (and you could get blacklisted), and I'm sure you understand ... (read entire answer)
7
Answers
1.2 k
Views
40
Total Upvotes
on Apr 01, 2022 on Apr 01, 2022
Last Activity

Renege offer from McKinsey

cancelling offer MBB McKinsey McKinsey & Company offer
Most recent answer on Mar 09, 2022
The best answer (on Mar 08, 2022) is from:
Pedro
Expert
30% off in April 2024 | Bain | EY-Parthenon | Roland Berger | Market Sizing | DARDEN MBA
Pedro
Expert
gave the best answer on Mar 08, 2022
30% off in April 2024 | Bain | EY-Parthenon | Roland Berger | Market Sizing | DARDEN MBA
It should work more or less like this:- If you renegue to accept an offer from the competition, it's bad.- If you NEED to renegue because you have a valid personal reason, then it's something they understand. Of course, ... (read entire answer)
7
Answers
2.2 k
Views
80
Total Upvotes
on Mar 09, 2022 on Mar 09, 2022
Last Activity

Taking a new offer after having accepted one

cancelling offer counter offer Multiple offers offer offer decision
Most recent answer on Jul 13, 2021
Anonymous B gave the best answer on Jul 12, 2021
Had to do this recently, so I can share my thought process and the feedback I recieved when I had a similar question 1) If you have no doubt the second offer is the better offer for you, the only question remains how ... (read entire answer)
5
Answers
1.2 k
Views
47
Total Upvotes
on Jul 13, 2021 on Jul 13, 2021
Last Activity

McKinsey Offer & Delay in Graduation

cancelling offer MBB mbb offer McKinsey & Company offer undergrad
Most recent answer on Jun 29, 2021
The best answer (on Jun 28, 2021) is from:
Ian
Expert
#1 BCG coach | MBB | Tier 2 | Digital, Tech, Platinion | 100% personal success rate (8/8) | 95% candidate success rate
Ian
Expert
gave the best answer on Jun 28, 2021
#1 BCG coach | MBB | Tier 2 | Digital, Tech, Platinion | 100% personal success rate (8/8) | 95% candidate success rate
Hi there, So glad to hear that you received an offer and that we were able to help! Don't worry...everything will be fine here. Think about it: All the other firms were fine with this, so why wouldn't McKinsey be? (an ... (read entire answer)
4
Answers
1.3 k
Views
43
Total Upvotes
on Jun 29, 2021 on Jun 29, 2021
Last Activity

Opinion: Accepting an offer and turning it down afterwards - any downsides?

cancelling offer offer
Most recent answer on May 21, 2021
The best answer (on May 19, 2021) is from:
Adi
Expert
Accenture, Deloitte | Precision Case Prep | Experienced Interviewer & Career Coach | 15 years professional experience
Adi
Expert
gave the best answer on May 19, 2021
Accenture, Deloitte | Precision Case Prep | Experienced Interviewer & Career Coach | 15 years professional experience
Hey, This is fine and does happen. Just make sure you end on a positive (and apologetic) note with the firm. Dont leave them with any mis-understanding as you never know how paths may cross in future. All the best.
6
Answers
885
Views
24
Total Upvotes
on May 21, 2021 on May 21, 2021
Last Activity

Can a firm cancel your offer before your start?

boutique firms cancelling offer offer tier2
Most recent answer on Dec 31, 2020
Anonymous gave the best answer on Nov 19, 2020
Firms often include clauses in offers that make them conditional - things like Force Majeur (e.g. COVID), red flags in the background check (i.e. you lied on your CV) and sometimes even more broader reasons would allow ... (read entire answer)
7
Answers
1.4 k
Views
42
Total Upvotes
on Dec 31, 2020 on Dec 31, 2020
Last Activity
6 results

Consulting Q&A – Ask Questions about Your Career

In this overview, you will find all the questions asked so far by the PrepLounge community. Anyone can ask questions and write answers. Our coaches are also happy to share their expertise. If you like an answer, give it an upvote so that it rises to the top. Here you can also find our guidelines and FAQs for the Consulting Q&A.

How likely are you to recommend us to a friend or fellow student?
0
1
2
3
4
5
6
7
8
9
10
0 = Not likely
10 = Very likely