Deferred MBA Programs
I'm currently a junior at a west coast semi target (UCB/UW/USC) and I've lined up a SA stint at a HF (AUM > $10B) for Summer 2021. I was looking through profiles of people at the firm, and most PM's have an MBA from HSW or a Top 7 School. I'm also a STEM major and felt like I have a competitive profile for Deferred MBA programs. But I wanted to understand why everyone does an MBA (especially people who already have a buyside job).
If I were to receive a FT offer, I would definitely work at this firm and would want to be on their PM track, but knowing that almost all PMs have an MBA, should I apply to Deferred MBA programs? I got time on my hand to prep for GMAT, gather recs etc., so my main questions would be:
Why do people who already have buyside roles apply to and complete their MBAs?
Should I potentially ask this firm to sponsor my MBA? I am not sure if such programs exist within HFs, but I know that consulting firms sponsor MBAs, so not sure if this was an option.
Any input on this would be greatly appreciated, thanks once again!