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Graduate Degrees and why you should/n't have one. (The end all thread!)

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Originally posted by: yobarmanBut at this point in my research, I dont know if its possible for me to get into grad school. It seems like you need a really high GPA. Mine will be at the very most 3.35 by the time I graduate, but if it means anything I go to RIT which is a very difficult tech school. Should I continue persuing grad school or am I kind of screwed at this point?
I had a HORRIBLE GPA and I got a full ride at Babson (which I ultimately turned down). I had a 99th percentile GMAT though...
 
Originally posted by: SarcasticDwarf
You could also be stuck in a position where your entire field *requires* a Masters, such as Librarianship.

That can be a mixed blessing. I got a Master of Library Science in 1996. By 2000 I decided that I was in a profession filled with petty, self-important, tight-assed snobs. I felt trapped in that I had invested a lot to get there and didn't want to waste that much effort. I ended up getting a bunch of IT industry certs and became a network admin and it took a five years to get back on track salary-wise. The point is a masters can cubbyhole you and limit your choices in the end.
 
i work full time, and my company will reimburse 100% for grad school. im doing it bc its free and it will mean more money later on.
 
Originally posted by: Mwilding
Originally posted by: yobarmanBut at this point in my research, I dont know if its possible for me to get into grad school. It seems like you need a really high GPA. Mine will be at the very most 3.35 by the time I graduate, but if it means anything I go to RIT which is a very difficult tech school. Should I continue persuing grad school or am I kind of screwed at this point?
I had a HORRIBLE GPA and I got a full ride at Babson (which I ultimately turned down). I had a 99th percentile GMAT though...

I checked their site and it looks like a very good, intense school. The average work experience of their students is 5-6 years though, so its further along in the future than I thought it would be. But thats ok though, because I need to see what happens after I graduate with the job market.
 
I can tell you that in certain fields having a non-business masters is useless. However, I'm doing my masters in Operations Research because I like it, and down the road it may prove useful.

If you plan on doing anything business related, getting an MBA is very, very helpful. Besides the things that you learn in class, you'll meet a lot of talented people who could be helpful later on, say when you need funding to start up a business.

In any case, I plan on getting my MBA after two years of working, and hopefully my employer will pay for it. If an employer is willing to pay for it I believe they want you to return to work for them for two years, or you have to repay them for the tuition costs.

Getting an MBA.... you probably won't get much, if any, financial aid if you go to a top school. Getting a masters... you may get a little but I know in most departments funding goes to PhD students, with MAYBE a few top masters candidates receiving some kind of funding.

I know I'm thinking early but I already know what business schools I would want to go to.
 
I'm about 4 months in to my MBA program at a tier 2 school (University of Utah). I've enjoyed it for what it is, a chance to add to my knowledge base, pad my resume, and maybe even offer an opportunity for a career change (BS in Electrical Engineering). My employer is willing to foot 50% of the bill so I thought I'd take them up on it. Depending on what you do and where you want to go, this is a good choice or a perfect waste of time.

I've been an engineer for almost 10 years now and I've pretty much hit "Senior" on any engineering job title I can have. To move up to the next step, I believe you have to move up in to mangement and supervise others. An MBA is a good way to do this. In addition, I do see myself starting my own company one of these days, and if all you have is a technical background like I do, you'll never be exposed to the business side of things. Now I understand a lot of aspects about business that I never considered being a cloistered engineer. Even if I choose not to do my own books or whatever, at least I know that if I hire somebody, I'll know if they're cheating me or not.

Overall, I'm happy with the decision. The only thing I may have done differently is trying to get in to the joint JD/MBA program, but then again, I'm busy enough as it is. 🙂
 
Originally posted by: Mwilding
Originally posted by: yobarmanBut at this point in my research, I dont know if its possible for me to get into grad school. It seems like you need a really high GPA. Mine will be at the very most 3.35 by the time I graduate, but if it means anything I go to RIT which is a very difficult tech school. Should I continue persuing grad school or am I kind of screwed at this point?
I had a HORRIBLE GPA and I got a full ride at Babson (which I ultimately turned down). I had a 99th percentile GMAT though...
How horrible? If you don't mind me asking...
 
My husband's employer paid for his MBA and it was helpful in getting promotions. He was a career Army officer, however, and you probably aren't interested in a 20+ year commitment just to get the free ride. 🙂
 
interesting thread. im contemplating masters myself. something in Finance. maybe a MFE (Masters in Financial Engineering). I wanna get out of the tech field
 
I'm 28, with 5 years of experience as a software engiener under my belt.

Why my BSEE was useful
1) It tought me how to think
2) it led to a good paying job.

Why you shouldn't waste your time/money:
3) Typically you should worry about owning your own business. Working for someone else sucks because you will always work for soneone else till you die unless you have a plan. Being dependant on someone else for income simply sucks. Employment only serves as seed money to become independant.

The irony:
I am now an active investor. I'm done working in 10 years. NOT LIEING Either. The irnoy is that without learning how to think for myself (1), I would not have got a good paying job (2) which is required as seed money (3) so you can be independant.

So, there's a catch-22 here! In the ned, I'm glad I went to school, but only afterwards have I learned that it isn't the way to live even though it really is required.

BRIN JUST FLIPPED INSIDE OUT A BIT
karl
 
Originally posted by: yobarman
Originally posted by: simms
I am thinking about getting my MBA. If the employer pays for it I will definetely go. I think I would rather do a MBA than a PHD.

I want to go to UBC/UCLA or something west coast to try something new, but am unsure of the reputations of the school.

I'm looking to move southwest too. Im hate the seasons in the NE. But thats not the most important.

I'm also wondering the importance of reputations of schools. A professor told me today that where you get your Masters is very important. I'm wondering the truth in that statement.

YOu have to go to a good school or else you don't truelly learn to think for yourself.
 
Originally posted by: daveshel
Originally posted by: SarcasticDwarf
You could also be stuck in a position where your entire field *requires* a Masters, such as Librarianship.

That can be a mixed blessing. I got a Master of Library Science in 1996. By 2000 I decided that I was in a profession filled with petty, self-important, tight-assed snobs. I felt trapped in that I had invested a lot to get there and didn't want to waste that much effort. I ended up getting a bunch of IT industry certs and became a network admin and it took a five years to get back on track salary-wise. The point is a masters can cubbyhole you and limit your choices in the end.

Hmm. What school did you go to?
 
Originally posted by: Aharami
interesting thread. im contemplating masters myself. something in Finance. maybe a MFE (Masters in Financial Engineering). I wanna get out of the tech field

MFE is good if you wanna be a quant
 
Originally posted by: IHateMyJob2004
Originally posted by: yobarman
Originally posted by: simms
I am thinking about getting my MBA. If the employer pays for it I will definetely go. I think I would rather do a MBA than a PHD.

I want to go to UBC/UCLA or something west coast to try something new, but am unsure of the reputations of the school.

I'm looking to move southwest too. Im hate the seasons in the NE. But thats not the most important.

I'm also wondering the importance of reputations of schools. A professor told me today that where you get your Masters is very important. I'm wondering the truth in that statement.

YOu have to go to a good school or else you don't truelly learn to think for yourself.

I know this, but I meant in regards to being hired. The professor said that the choice of school is very important in regards to how much youll make/ how likely youll be hired.
 
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