Merril's PMD Program

I was talking with my friend in ML's Asset Management division and he offered that I could probably get into the PMD program with his help. Although I have read about the PMD program on here a couple times I am wondering whether to try for that program or continue on my plan to do SNT for an investment bank. I know there's certain benefits to both, but PMD has a very high attrition rate. Any suggestions would be appreciated, thanks.

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