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(edited 7 months ago)

Reply 1

Ur allowed to cancel. Let’s imagine u don’t get the grades for BOE on the day, those people wouldn’t be allowed to join. so there’s no issue in u rejecting them on result day cos their prepare for that

Reply 2

Ur definitely able to defer my mate did that. And ur also able to leave ur apprenticeship whenever u want. Treat it as a job, they can’t force u to be there. My friend just quit his every partners one cos he didn’t like it after 5 months

Reply 3

Original post
by crock77
I'm in the very fortunate position of having got my two dream offers - Warwick economics bsc and a DA with bank of England to become an economist (Leeds office).
My dilemma entirely depends on if I'd even be able to reject the BoE, I already signed an online contract and the apprenticeship only starts 3 days after results day (I'd have to cancel them on results day because I wouldn't be sure until then if I got requirements for Warwick). So my first question is is that even possible - if not I dont have a decision to make.
However if I was able to cancel, what should I do. My long term goal is to drive redistributive wealth policies (whether through working in policy, academia, think tanks or whatever), and although the BoE is amazing because I'm immediately becoming an economomist and working in policy, I'm working on regulating the financial system and stuff which isn't ultimately where my interests lay, and I'm concerned because the uni is Kent - and because of that and not having done a broader economics degree first will this narrow my options in the future. I think apprenticeship is better in short run because of getting a salary, experience etc but I don't wanna narrow what I can do in the future. I'm also a bit concerned over if I'll miss student experience and making friends and joining clubs etc.
Sorry if this is a bit convoluted, I'm currently thinking of still firming Warwick and asking if they'd defer my offer on results day, then doing a year at the bank of England and then see if I wanna continue or go do a degree, but I'm also not sure if they would defer it for me, or if I'd even be able to leave the bank during the apprenticeship. As I say all of this is dependent on if I could even reject the bank of England anyway. Any help and advice would be very greatly appreciated thankyou

Hi, congratulations on receiving both offers and I hope you can resolve your current situation. I'm currently in year 12 and looking to apply for the Professional Economist DA next year for the Leeds office as well. Do you have any advice on how to ensure you are successful at each stage of the process? Any advice would be greatly appreciated!

Reply 4

If you get the grades for both you could do the DA but defer your uni offer. Then you still have both options and will also have some extra experience if you do go to uni.

Reply 5

Original post
by sim789
Hi, congratulations on receiving both offers and I hope you can resolve your current situation. I'm currently in year 12 and looking to apply for the Professional Economist DA next year for the Leeds office as well. Do you have any advice on how to ensure you are successful at each stage of the process? Any advice would be greatly appreciated!

Throughout the interview rounds you'll be given plenty of questions in advance - rehearsing these extremely thoroughly and having plenty of "STAR" examples to hand, and practicing being able to apply these situations you've been through to any sort of question is super helpful. The main thing for me though is being genuinely interested and as knowledgeable as you can be about economics and the role of the central bank is what got me the offer. I applied and got rejected from several other DA's which I did more specific preparation for - I think it's because interviewers can really tell between surface level reading you've done and genuine interests. Good luck I hope to see you there some time! Feel free to send me a PM for any other questions

Reply 6

Thanks everyone I've decided to try defer my offers just in case

Reply 7

Original post
by crock77
I'm in the very fortunate position of having got my two dream offers - Warwick economics bsc and a DA with bank of England to become an economist (Leeds office).
My dilemma entirely depends on if I'd even be able to reject the BoE, I already signed an online contract and the apprenticeship only starts 3 days after results day (I'd have to cancel them on results day because I wouldn't be sure until then if I got requirements for Warwick). So my first question is is that even possible - if not I dont have a decision to make.
However if I was able to cancel, what should I do. My long term goal is to drive redistributive wealth policies (whether through working in policy, academia, think tanks or whatever), and although the BoE is amazing because I'm immediately becoming an economomist and working in policy, I'm working on regulating the financial system and stuff which isn't ultimately where my interests lay, and I'm concerned because the uni is Kent - and because of that and not having done a broader economics degree first will this narrow my options in the future. I think apprenticeship is better in short run because of getting a salary, experience etc but I don't wanna narrow what I can do in the future. I'm also a bit concerned over if I'll miss student experience and making friends and joining clubs etc.
Sorry if this is a bit convoluted, I'm currently thinking of still firming Warwick and asking if they'd defer my offer on results day, then doing a year at the bank of England and then see if I wanna continue or go do a degree, but I'm also not sure if they would defer it for me, or if I'd even be able to leave the bank during the apprenticeship. As I say all of this is dependent on if I could even reject the bank of England anyway. Any help and advice would be very greatly appreciated thankyou

Economics student here with a similar sort of outlook...I would ordinarily think going through university is better for this sort of thing (since you get a lot broader experience I think compared to a DA), if your focus is on pushing macroeconomic policy rather than just getting a job. Hard to say though, especially if you're not sure about whether you're even getting the requirements for your uni degree.

Is the DA conditional as well?

Personally, I'd go for Warwick, but I think it's hard to say between the path that leads more to what you want in the ideal and a path which is a lot safer in terms of getting a bit of security.

I'd weigh the pros and cons of every path and then see what's most optimal for you - not very helpful advice, admittedly, but I'm not in your head and all.

See you next year at Warwick perhaps - still waiting for them to get back to me though!

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