Simmons & Simmons has asked its September 2009 trainees to defer for a year - and will pay all their fees and £15,000 in maintenance if they take a bespoke MBA.
The firm has already asked its March 2009 joiners to defer. Now Nick Benwell, the firm's grad rec partner, has sent the following email to those who were due to start in September:
Students are going to a workshop in a couple of weeks to find out more about the course. The MBA is exclusive to Simmons & Simmons for its first year, but will then be open to the wider market.
On the upside, £15k is by some margin the highest figure that any firm has offered its deferring trainees and this course should be appreciably more useful than bumming around South America for a year. On the downside, the prospect of spending yet another year in a classroom at BPP may not appeal to all. And it remains to be seen how marketable an unrecognised MBA will be given that graduates of Harvard Business School are currently resorting to flipping burgers...
Benwell told RollOnFriday that he hoped that all future trainees would undertake the course, which should significantly improve their preparedness for practice. He added that Simmons & Simmons was working with BPP to get the course officially recognised.