Alright guys, I am in a situation that I need advice on:
-two weeks ago I accepted a FT Sales offer from a BB, I love the desk, the MD and the job, it sounds great and I'm excited about it.
-today I was informed I got into University of Oxford (UK) into a non business/econ school (random I know, but I was a humanities major)
Here is my question: is it worth talking to my MD about this and asking if she had advice (i.e. maybe they want to go and get the degree as it would add credibility and look good to have someone working there with a degree from Ox)?
Also, I feel like getting a degree there would increase my earning potential over the course of my career by a significant margin (I go to a VERY non-target now) and it feels like giving up a lot to just leave the offer on the table.
Other options: try and defer Oxford for a year and maybe work a year and then go.....try and talk to the Econ and/or Business schools at Ox and see if they would let me in there (thus making my degree more relevant and attractive to my current firm and future firms)
I would really appreciate any thoughts! I am trying to figure out how to handle this, I am nervous to bring this up to my MD.....
if your goal is to get to BB S&T, then why in the world would you ever go back to school? you have no need to be rebranded, so take the freakin offer! its not like they would pay you any more if you had the degree--the BBs have a very structured pay scale...
thanks for the reply...Ya I know all the BB have standardized contracts. The reason why I thought so about earning potential is this:
I dont want to work at a BB forever, I want to build up a good book and move on to a small firm that my family owns and try and build it up. I feel like the degree might help in building up my book of clients and in the willingness of my older colleagues to give me increased responsibility and client coverage.
Maybe it is stupid, but just a thought...Also, my offer is for FX, so having a worldly degree seems even more valuable.
This question really isn't that unique, as people are always trying to justify turning down a current job offer to go get further schooling which they don't need, all for the sake of a name (retarded if you ask me). Take your offer, if you got into Oxford now, then you're smart enough that you could probably get in again or at least into a similar caliber school at a later point in time IF you need to. There is no need for you to get a graduate degree right now, as leveRAGE mentioned. I wouldn't bring it up to your MD... if there is an Associate that you trust within the group that is like a mentor to you, with whom you have a mutual trust, you MAY consider sharing this with them. Bottom line, though, is that this would just bring up unnecessary questions regarding your commitment to the group. If you think you may want to go after a year, then defer your admission and see what you feel like in a year.
Your experiences at the BB will be much more relevant to your potential future clients at your family firm than a non-finance related degree, no matter where it was from. Think about it, would you give any additional credence to financial advice from Stephen Hawking because he graduated from Oxford?
Oxford sucks. LSE or bust
Haha, I'm all out but +1SB when I have more!
If you go to Oxford, it would be to satisfy your own interests, not advance your career.
Even if you leave the BB, consider the perspective of the clients at your small family firm. Would you be more likely to give somebody money if they had a degree in English/History/Whatever? I know I wouldn't.
In this economy, I would take the BB offer. There is no guarantee a comparable offer will be on the table when you finish, especially when you consider the shrinking number of positions in S&T.
take the job
Oxford is a great school but this doesn't make any sense. Just take the BB S&T and your P&L should do all the talking. Forget the schooling and get on with making $$$
jobjobjob go get your masters later
Definitely take the job. Work experience in S&T will be more valuable than Oxford's name on your resume.
more education has nothing to do with pay, and there are few degrees which will really be relevant to any of the work you do in S&T at a BB. Oxford is not worth it.
Take the job. Losing out on a couple hundred grand to pursue a degree that will have marginal benefit doesn't sound like the best move. You sound like you have an inferiority complex from going to a non-target and want to rectify it by going to Oxford. After your first job nobody really cares what school you went to, it's all about results. It will be much harder to get an offer with a desk and MD that you love again than it will to get accepted into an Oxford level school.
a non fin/econ/math etc degree is of little to no use. You can always do a masters later, i dont really understand why you are so being swayed by the brand name.
seriously? nobody noticed this is a troll post? wow...
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