What are the logistics of your offer returning to Deloitte? Is it given before or after internships start and what are the binding terms? I really love what I’m doing at Deloitte, but honestly if I received a high enough external offer during recruiting I may consider switching to big tech for a few years. Do you even get the opportunity to consider that or does the timing of Deloitte return offer interfere?

Also, for anyone who switched, did the new company offer any tuition reimbursement?

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Others are right that the timing works out for you to consider other options in fall recruiting without reneging. You can also renege on Deloitte if you get a better offer later in the process, although I think that's a bad look from a personal brand standpoint (although at least at my school it didn't get you in trouble with the career center because you got that offer without their help/connections).

Other companies don't usually offer tuition reimbursement per se, but the total comp package can be substantially higher than Deloitte + GSAP Tuition Reimbursement. In my case, the stock grants I received are worth nearly 400k (with stock appreciation) vs. 150k-ish I would've gotten with GSAP. My base/bonus are also higher than if I had stayed.

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Thank you! Do you mind if I message you for some more Qs on your experience transitioning?

You are given the offer after your first year. Larger sign on expires prior to second year recruiting and is cut in half if you wait to recruit and then sign. There are no binding terms until you sign to return. Most mba programs have harsh penalties for reneging and luckily Deloitte knows that so they don’t make us “commit”

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Thank you! Can you expand on the timeline and $ details? Offer received right when first year ends? How much $ roughly is the larger sign on? When typically is second year recruiting (I assume around feb-March)?

The offer is not right when the first year ends. You have the ability to go into your internship trying to see if it works. But for a returning it was 40k sign on if you sign before Labor Day, and then it cuts in half if you decide to wait until early November which is when the offer explodes all together. And to be honest most formal processes will be done in the fall before the Deloitte offer is final for second years. I know MBB is already poaching other firms summer associates now. But there are other jobs that are just in time (real estate, entertainment) that may put some stress on that November date.

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Thank you so much! I may have more questions later, but just one more right now - I thought they said during GSAP that you can’t intern at a competing firm? I know MBB isn’t always direct competition to us since we expand into operate, but I imagine they wouldn’t want us to intern there with the high poaching potential. Is there anything stopping you from doing that besides the returning offer timeline?

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