BB summer possible return + 1 year masters Vs 2 Yr masters

Based on the most helpful WSO content, here's how you can approach this decision:

1. One-Year Master's (Top 15 School):

   • Pros:
     • You remain eligible for the return offer from your BB summer internship, which has a high conversion rate. This is a significant advantage, as securing a return offer can fast-track your career.
     • You save time by completing your studies in one year, allowing you to enter the workforce sooner.
   • Cons:
     • If you don’t convert the internship, you may not be eligible to reapply for summer internships, limiting your options.
     • The school is slightly lower-ranked, which could matter for long-term branding.

2. Two-Year Master's (Top 5 School):

   • Pros:
     • Higher-ranked school provides stronger branding and potentially better networking opportunities.
     • You retain the flexibility to reapply for summer internships if you don’t convert the BB internship.
     • You could potentially leave after the first year if the program structure allows, though this might come with risks (e.g., incomplete degree perception).
   • Cons:
     • You may not be able to accept a return offer from the BB internship due to program eligibility rules.
     • Longer time out of the workforce, which could mean lost income and delayed career progression.

Key Considerations:

• Conversion Rate: If the BB internship has a very high conversion rate and you feel confident about your performance, the one-year master’s might be the safer bet.
• Reapplication Eligibility: If you’re uncertain about converting the internship, the two-year master’s provides a safety net by allowing you to reapply for internships.
• Program Flexibility: Investigate whether the two-year master’s allows you to leave after one year without significant repercussions. This could give you the best of both worlds.
• Long-Term Goals: Consider the importance of school ranking and networking opportunities for your long-term career aspirations. A top 5 school might open doors beyond the BB internship.

Recommendation:

If you’re confident in your ability to convert the BB internship and prioritize entering the workforce quickly, the one-year master’s is a strong choice. However, if you value optionality and the prestige of a higher-ranked school, the two-year master’s might be worth the extra time. Ultimately, weigh your confidence in converting the internship against the potential risks of not having a backup plan.

Sources: International Student - Chance of getting an IBD internship in London?, Ask mbaMission about Business School Admissions, Q&A: Broke into MM M&A from a non-traditional background and 2 years of networking and internships, Ask mbaMission about Business School Admissions