Risky move or just stupid
Should I take out a loan and short Apple?
Should I take out a loan and short Apple?
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How did you get the SA position as a graduate?
Probably because he is going for a master afterwards
Well if you are already attending the MSF program then it's not really stupid to turn down the FT offer. If banking is what you want to do then a banking internship is infinitely more valuable.
1 million GBP
A corporate banking job at a top bank is not bad, you could use your experience there and look to network and leverage that into an IB offer after a year instead of spending another year at a cheap school like Vandy.
I think it really depends on what your current needs are and how much value you think you could extrapolate from the MSF.
If you plan to do a top MBA, it may be prudent to consider whether you could leverage the FT offer into something that looks good after 1-2 years (like IBD). The MSF sounds like a good option considering the non-target background; with an advanced degree, you could not only score better jobs, but if for whatever reason you decide to still do an MBA, it will help your application even more so.
If the FT offer pays you well and you think you could turn it into something good, I think you should consider taking that. Worst case scenario is that you work for a few years and decide that an advanced degree is worth your time; best case, I think, is that you leverage your credit analyst role for something in IBD at a similarly large firm.
The MSF is good but may, essentially, not be necessary. Try to find out how alumni from your school tend to do in terms of MBA admissions. If it's a complete long-shot, then perhaps the MSF is a good idea to rebrand yourself right now and then just take the IBD job out of the gate.
However, as said before, if IBD is really what you want to do, I am strongly of the opinion that the SA+MSF route would benefit you long-term. Not only would you do IBD from the jump, you'd also be a much, much more suitable candidate for a direct promote to Associate, once that time comes. And if you decide later in your career that you're sick and tired of banking, your MSF and background in the field will help you immensely in top MBA admissions.
Basically, I think the MSF route edges out a W here.
Take the SA position--Vandy has a great MSF and you don't want to work full time in a role that you don't like. If you went the FT route, you could work a few years than break in with an MBA--but if you have the opportunity to get an IB internship, that's absolutely key. Take the internship, do well at it, get good recommendations, and move to the MSF. Who knows--if you perform well, your healthcare bank may convert you to FT.
i lost everything...
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