I was recently offered a one month summer internship at a large accounting firm (not one of the big 4 though) and I signed the contract. Let's call this company A. A few days later one of the big 4 contacted me for an interview, let's call this company B. The internship of company B is almost three months long, compared to only one month for company A.
After attending the interview for company B I received another call for a second round of interviews. At this stage I have already signed the contract for company A, and am now awaiting my follow up interview for company B. The issue I'm facing is that the two internships would overlap and I would have to choose one or the other.
If company B offers me an internship position I believe it would be much better for my career, since it's with one of the big 4 accounting firms, versus the smaller company A, and the length of the internship would be longer as well (3 months as opposed to 1 month). I need to figure out an answer before my follow up interview with company B, and this is my current dilemma.
Has anyone had any experience in this situation? I'm sure many others must have been faced with this same scenario, so I'm trying to understand the best way to handle this. My main concern is that if I take the position with company B and break the contract with company A, will there be major consequences to this, such as getting blacklisted for any future position with company A, or within the general accounting community? Or is this something that company A won't even care about 2 years down the road for example? Are there any other downsides to breaking an internship contract? Thanks
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