Had a recruiter tell me that investment firms only give 24 hours for you to accept an offer - is this true? It seems crazy to me

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They do that, so you don't try to get another company to match. Ask for an extension, but it doesn't always work. Personally, I wouldn't take it if they gave me a day since what does that say about the environment.

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Yes

They do. Buy as much time as you can

Was definitely not true for me. I had a week.

Mine gave 3 days

Probably an attempt to keep you from using the offer for shopping around.

Unless you’re shopping, you should know by then if you want it or not. I get that a few days (or weeks!) more would be ideal. I’ve gotten a several day extension saying that I wanted to fully discuss with my family before signing in ink, but that I’m personally looking forward to accepting.

It's true especially in NYC and a popular company

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