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Hello everybody! :shy: As many of you I have to make important decisions in the following days. I’ll present my situation. Let’s see if you can help me a bit :D I’ve done my applications to PhD/Master programs in economics (fall 2016). In the meanwhile, I accepted an offer for a position as RA at the Bank of Spain (Banco de España). So now, that I’m receiving the admissions/rejections, I’m trying to decide which of these 2 paths follow: Accept the best offer I get in this application period. Probably I’m talking about the Master in Economics and Finance at CEMFI or LSE’s EME. Still waiting with hope the outcomes of BU and UCSD though. Keep my position as RA and apply again for Fall 2017 or Fall 2018 (I could probably work in the bank untill January 2018). This could allow me to get a strong letter from my boss (PhD in LSE, head of the división) and I’d have some research related experience in my CV. Moreover, I could improve my GRE. Additionally, in the worst of cases, I’ll have saved enough money to study an european master for a year or two, if I dont get funding anywhere. Two relevant notes: In the long run, I see myself researching in central banks, IMF, WB, OECD… more than in a university. I just got my bachelors, I’m 22, which makes me think there is no rush in starting my PhD this year. Here is a profile evaluation thread I opened with more information about my profile: http://www.www.urch.com/forums/phd-economics/156489-profile-evaluation-uc3m-us.html Honestly, right now I tend to think 2 is the best path for me, but maybe I’m making a mistake if I reject the opportunity to study at LSE, CEMFI, BU or even UCSD!!! What do you think? Thanks for your attention!!! Any piece of advise is highly appreciated PD: I'm an international applicant.