Please somebody help me with advice, I beg you

My depression is getting worse over this issue and i've started day drinking by myself which is the state I am writing this in.

I don't have the funds to continue my MFin Program and i've already secured a full time IBD Analyst offer at a global bank after an internship this summer. This led to a fight with my family that put me out of commission for several weeks as I tried to find a part time job (i wasn't able to). This time of turmoil led to my grades dropping significantly and now I have classes I am pretty sure I am going to fail.

To make matters worse i recently learnt the "1 year masters" program I joined isn't really 1 year as it was advertised. You need a very specific background in STEM for you to be able to complete it in that time. So even if i get back on my feet, which i keep trying and failing at, I still woudln't finish my masters in time for the Grad program next summer.

What should I do? Should I tell the bank and hope they hire me off cycle? Will i still be eligible to start? Will my offer be rescinded?

My whole fam went broke this year due to a major illness hospitalization and death in the family and I was meant to pick up the torch from my dad who should have retired so I feel so ashamed of myself and realised I kinda hate myself now which I never thought I would get to. Recently a girl told me she liked me and I felt so much self hate I couldn't even make a move, I just shook her hand.Β 

My family is advising me to not say anything since my offer letter only mentions a bachelors as a prerequisite. I am considering reaching out to a banker who thought I did really well in the internship but I don't want to come across as a loser or unlucky and I think this is unprofessional since we weren't friends by a stretch.Β 

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Comments (14)

  • Incoming Analyst in IB - Cov
Nov 3, 2021 - 11:25am

If you need money just get some students loans. Easy to pay off once you're in IB.

Most Helpful
Nov 4, 2021 - 1:12pm
EBIT-Dee-Ayy, what's your opinion? Comment below:

Agree with the above. Take out a big loan for the rest of the program + walking around money and a few k if it could help you family. Then pay it back when you're working. If you dont finish the program, that may or may not be an issue with the offer you have. You should stop drinking, talk to your professors and ask for extra credit, explain the hardships both at home and financially and say you need to get on track to finish the program strong and start on your banking career next year. No professors in masters programs are looking to fail students.

  • Incoming Analyst in IB - Cov
Nov 8, 2021 - 6:50pm

My family is suggesting I don't inform the bank I can't finish in time but I am worried about the repercussions of this. If they let me know it doesn't matter truth be told I would drop out of this course immediately, my head cant take it.Β 

Nov 4, 2021 - 1:36pm
JonnyDrama, what's your opinion? Comment below:

1) stop drinking. Go for a run or walk outside to get your mind right.

2) talk to professors. Talk to them now so you aren't doing it at the end of the semester.

3) if your offer doesn't mention the masters I wouldn't bring it up to the bank.

4) talk to the financial aid office and see about getting loans.

5) take a deep breath this isn't life or death...life goes on if you get or don't get the offer. If you have an IB offer clearly you are smart enough to find something else in the off chance it does fall through

  • Incoming Analyst in IB - Cov
Nov 8, 2021 - 6:48pm

Do you think the bank would think I am gaming the system and rescind the offer if I dont let them know and this somehow gets revealed later like during screening? I finished my undergrad in 2018 so very likely I would have been in eligible for the summer internship if i wasnt enrolled.Β 

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Nov 4, 2021 - 1:49pm
Isaiah_53_5 πŸ’ŽπŸ™ŒπŸ’ŽπŸ™ŒπŸ’Ž, what's your opinion? Comment below:

If you don't need the masters program, just chill out and focus on yourself. Get some good sleep, hit up the gym and maybe travel a bit. This is your last big break before starting to grind for a long time.

"If you always put limits on everything you do, physical or anything else, it will spread into your work and into your life. There are no limits. There are only plateaus, and you must not stay there, you must go beyond them." - Bruce Lee

  • Incoming Analyst in IB - Cov
Nov 8, 2021 - 6:47pm

What I am struggling with is, I don't know if I need the masters for the offer to still stand. I finished my undergrad in 2018 and interned this summer, I kinda doubt I would have gotten the internship if I wasnt enrolled in a masters program.Β 

As its looking like I would not finish in time for my grad program, should I email the hr personell at the bank and let them know or keep it a secret and hope they dont ask.Β 

Nov 8, 2021 - 6:54pm
Isaiah_53_5 πŸ’ŽπŸ™ŒπŸ’ŽπŸ™ŒπŸ’Ž, what's your opinion? Comment below:

What I am struggling with is, I don't know if I need the masters for the offer to still stand. I finished my undergrad in 2018 and interned this summer, I kinda doubt I would have gotten the internship if I wasnt enrolled in a masters program.Β 

As its looking like I would not finish in time for my grad program, should I email the hr personell at the bank and let them know or keep it a secret and hope they dont ask.Β 

It depends on what position you're starting. If you're starting an analyst position that's just requires an undergrad degree, you should be fine.

If you're starting some associate level position that requires an advanced degree, that's different.

"If you always put limits on everything you do, physical or anything else, it will spread into your work and into your life. There are no limits. There are only plateaus, and you must not stay there, you must go beyond them." - Bruce Lee

Nov 4, 2021 - 2:10pm
BBA18, what's your opinion? Comment below:

On the money side, if you are going to be able to graduate and keep the offer, take out as much $ as you can on credit cards w/ 0% introductory rates.Β Β 

I come from down in the valley, where mister when you're young, they bring you up to do like your daddy done

Nov 4, 2021 - 2:19pm
Rotterdam, what's your opinion? Comment below:

I might be missing something here but from what I read you already have a full time offer in hand that has nothing to do with the masters. If you don't think you would finish in time to start working full time anyways why don't you just drop out of the masters (lack of funds or financial aid is irrelevant considering you don't have time to finish before starting full time), find a job somewhere in the meantime (very easy to do right now) doing literally anything, and then start full time next summer at the bank?Β 

  • Incoming Analyst in IB - Cov
Nov 8, 2021 - 6:44pm

This is what I want to do. But what I am wrestling with is whether or not I should inform the bank or just start and not say a fucking word. Truthfully, if I am able to start and they don't question me I would just drop out.Β 

Nov 4, 2021 - 3:15pm
PEarbitrage, what's your opinion? Comment below:

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