It works both ways....
(I like this)

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Application Rejection

Baxter Conners
Vice President
Company 203203
Wall St.New York,
NY 10015

Dear Mr. Conners,

Thank you for your letter of February 17th. After careful consideration I regret to inform you that I am unable to accept your refusal to offer me employment with your bank.

This year I have been particularly fortunate in receiving an unusually large number of rejection letters. With such a varied and promising field of candidates it is impossible for me to accept all refusals.

Despite Company 203's outstanding qualifications and previous experience in rejecting applicants, I find that your rejection does not meet my needs at this time. Therefore I will initiate employment with your firm immediately following graduation. I look forward to seeing you then.

Sincerely,
ABC