FT vs Summer again

Basically I’m in my final year at uni in UK, have a FT offer from a BB for their Transaction Banking/Payments team after interning this summer. I have been applying for summers mostly IBD/S&T for 2025 and kept intended date as 2026 while applying for a masters. 
 

Say if I don’t actually get into a masters of my choice, do you guys think it would be better to just stick to the FT or perhaps if I get a summer offer I could take it and show proof of masters applications and just mention why I have decided not to go for masters anymore?

thanks x

3 Comments
 
Most Helpful

Not to state the obvious, but this depends on what you want.

If your only goal is to get into IB, then don't accept the FT with the expectation of laterally later. I think the probability of this is extremely low.

What I'd do if IB is your goal is (A) Accept the FT (regardless of what you end up doing in life, graduating unemployed is not a good outcome so it's great to have a backup just to put food on the table; (B) Apply to the internships and grad programs at all the IBs you can think of; and (C) Apply also to Big 4 Audit / TS programs that give you the option to become a qualified accountant (there's a decent ability to lateral to MM IBs (or PEs) once you're qualified.

Best of luck

 

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