You're joking right? So many things wrong with this statement...

Firstly, a FCH doesn't guarantee a scholarship, or that getting a scholarship will be easy. The vast majority of Oxbridge LLM/BCL students (who essentially all have FCH) are self-funded.

Secondly, Oxbridge LLM/BCL offers only somewhat marginal benefits in terms of joining an MC firm if (i) you are going into corporate law (as opposed to perhaps litigation), and (ii) you already have an NUS FCH.

Thirdly, the majority of people who jump to MC/US firms don't have FCH or Oxbridge degrees - NUS/SMU/London/good UK 2.1 is 'enough' degree-wise. It's far more important to be in the right practice area and in the right firm/team, for the purposes of joining an intl firm.