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Final year BEng student. Help and advice needed?

I have been fortunate enough to have a graduate job offer already. It has the option of a part sponsored master programme. I need help choosing which option would be best:
1. Work for 3 months after graduation, then do a full time MSc starting in late 2016 with half sponsorship.
2. Work for 9 months after graduation, then do a full time MSc starting in early 2017 with half sponsorship.
3. Work full-time after graduations, with one day a week day release. Salary pro rata, but no sponsorship.

Please say any advice you have? Especially if you have done part time degree studies. Thanks

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