MF PE Analyst Program Deferred MBA Placement: What's a lock and what's not?

Ignore title. Am in a position where this is relevant.

Not necessarily wanting to debate the merits of an MBA, but some MF PE analyst programs push hard for their people to sit for the GMAT and try their luck w deferred MBA programs. Thus, would be awesome to get insight wrt 1) how MF PE analyst candidates have "told their story" to deferred MBA adcoms and 2) how things have panned out for MF PE analysts within the last few years. 

I've heard that most MF PE analyst programs will make you a lock for W and am interested whether anecdotal evidence supports this. Also would be interested in seeing if ppl get swatted at M7 less HSW for yield protection, but recognize that many MF PE analysts might not even be applying to W, let alone non-HSW M7

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I'm surprised any MF PE analyst program encourages their incoming analysts to apply to deferred programs. I don't know any MFs with analyst programs that require MBAs for promotion anymore and no MF really gives value to any MBAs that aren't H/S anymore. The H/S 2+2 programs are set up specifically to find people that don't look like traditional finance MBA applicants so I think a white / asian male banking / pe H/S deferred admisison app is a huge long shot.     

 
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