MSc, MBA, PhD - Advice?
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03 May 2007, 14:48
Hi,
I have a Masters in Engineering, now, at 26, after working a couple of
years I will likely be going to the University of Britsh Colmbia to do
a MSc in Finance (I got interested in it, when i took a derivatives
course in grad school). Does anyone know what the job prospects are
like for a MSc in finance, especially in Canada? (they seem quite good
to me for the research I've done).
Also, the prof I have spoken to at the university is strongly
encouraging me to do a PhD afterward...I might like to do so, the only
thing really holding me back is my age, and the fact that a PhD takes
5 years (seems sort of ridiculus) . Anyone have any advice on doing a
PhD? If you get a PhD from a top 5 university how hard is it to get a
good academic position (not at a community college or equivalent)? Are
there any other positions a PhD might get? I assume the situation for
Canada and the USA would be similar.
I was thinking about doing an MBA at a good school, since I have good
work experience and scored 750 on my GMAT, but have decided an MBA is not for me, as I don't want to become a professional manager, don't
have the management personality as i'm not really a people person, am
not very patient, and am more interested in subjetcs than management.
Besides the MBA brochures I have received all seem very "fluffy", a
MBA is expensive, and only a select number of graduates even from the
top schools, get the really high paying jobs. But perhaps i'm
wrong...any advice on this also?
Thanks.