Deferring FT offer to do a Masters?

TL/DR: Is it possible to ask your firm to push back your FT start after your SA by 1 year? Want to do a Masters and start FT after.

I'm an incoming SA at an American BB in London, and will hopefully convert into a FT position (fingers crossed), but I have received a full scholarship from my birth country's government to do any Masters I want and I'm pretty confident I could get into Oxford's MSc Financial Economics or LSE's MSc Finance. If I get in it would be something I'd want to do, but I don't know how I feel about "giving up" the FT offer if I get it - would a bank allow you to start 1 year later if it's because you're doing a top ranked Masters?

 

Why put yourself trough a draining and dry degree like Oxford, while paying 45K in tuition fees and missing out on a year worth of income as well if you already have an SA secured at a US BB? I thought conversion rates to FT were very high.

 

Isn't the point of those Masters degree to help improve chances of landing a full time IB role? Why put yourself through the stress of studying again, especially a gruelling degree like Oxford's FE for no gain? Don't let the prestige chase and allure of having a nice name on your resume make you waste your time and energy, think deeply about what you have to gain

 

I have to disagree with you here - one point of a Masters degree is landing a job, but I also think studying one of these programs brings a ton of value in terms of learning (both academic and having more life experiences), in terms of widening your network, and possibly even from a CV standpoint for the future. Also, keep in mind it would be on a full scholarship.

 

Yes, definitely possible and might even be well received given Covid and the bank likely wanting a smaller analyst class for 2021 anyway.

I did this myself at a top 3 a few years ago, know people who also have at BAML and MS

 

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