Joined a Front-Office Role (Trade Assistant) at 18 years old with no degree. Should I pursue a degree or jumpstart CFA?

I joined as the only Apprentice in a markets-facing role (trade assistant) at a large financial institution in London. I am completing my Level 4 apprenticeship, studying towards the IMC (2yr course). I will be turning 20 next year and looking to explore further options...

My manager wants to keep me in the team, as a TA / full-time associate - salary range £50-60k. Only when and until the opportunity comes up, will I be trading. However, I am worried that having only the IMC will hinder my employability skills in the long run and I would require to pursue a degree. I'd like to continue to work in trading or PM in an IB or hedge fund in the future - would it be possible without a degree?

I’m weighing two paths:

A) Stay put, push my manager for a Level 6 Financial Services Professional (BSc) at Uni of Exeter, with CFA Level 1 in my 3rd year. Although, keep the apprenticeship salary for another 3 years.
B) Accept the associate role, wait until I've completed 36months (would've finished 21m) and then jumpstart to the CFA Level 1 + futher levels (sponsored). Although, risk having no degree and have the IMC qualifcation, but will be tied down to the bank for another 3-4 years due to sponsorship. 

Pros & cons to both. I am aware that I am in an incredibly rare, "golden-ticket" opportunity and I wouldn't want to risk losing either. I would really appreciate views on degree vs no degree and CFA, as well as insights into the IB and hedge fund culture.

Which option would you take?

Degree, but apprenticeship salary
33% (1 vote)
Stay put & accept associate role, skip degree and jumpstart CFA
67% (2 votes)
Total votes: 3
1 Comments
 

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