Find all School-related info fast with the new School-Specific MBA Forum

It is currently 24 May 2016, 14:44
GMAT Club Tests


GMAT Club Daily Prep

Thank you for using the timer - this advanced tool can estimate your performance and suggest more practice questions. We have subscribed you to Daily Prep Questions via email.

for You

we will pick new questions that match your level based on your Timer History

Your Progress

every week, we’ll send you an estimated GMAT score based on your performance


we will pick new questions that match your level based on your Timer History

Not interested in getting valuable practice questions and articles delivered to your email? No problem, unsubscribe here.

Events & Promotions

Events & Promotions in June
Open Detailed Calendar

PhD Waste of Time

  new topic post reply Question banks Downloads My Bookmarks Reviews Important topics  
Author Message
Joined: 31 Dec 1969
Location: India
Concentration: Marketing, General Management
GMAT 1: 710 Q49 V0
GMAT 2: 700 Q V
GMAT 3: 740 Q40 V50
GMAT 4: 700 Q48 V38
GMAT 5: 710 Q45 V41
GMAT 6: 680 Q47 V36
GMAT 7: Q42 V44
GMAT 8: Q42 V44
GMAT 9: 740 Q49 V42
GMAT 10: 740 Q V
GMAT 11: 500 Q47 V33
GPA: 3.3
WE: Sales (Investment Banking)
Followers: 0

Kudos [?]: 146 [0], given: 97139

PhD Waste of Time [#permalink]

Show Tags

New post 18 Apr 2004, 06:56
A PhD is business is a total waste of time. An MBA is more than sufficient. So you get your PhD and your overqualified for 98% of the jobs out there. Only route for you then is to become a professor.

Don't bother with a PhD unless you want to teach. MBAs from top schools are having a hard time finding decent work, a PhD is going to fare much worse.
GMAT Club Legend
GMAT Club Legend
Joined: 15 Dec 2003
Posts: 4302
Followers: 33

Kudos [?]: 318 [0], given: 0


Show Tags

New post 18 Apr 2004, 09:55
I disagree with you Toronto. First, doing a PhD can give a sense of accomplishment to certain individuals. PhDs are indeed a big investment in time, energy and money and clearly, not many people are even able to get accepted in the program. Second, as far as saying that it's a waste of money, I would recommend you to check the link Most jobs on that site require a PhD or MSc. It is a site for quant jocks and even MBAs/CFA are looked down upon :shock: Some PhD positions are willing to pay 350k/year and well over :wink:.

Best Regards,


User avatar
Joined: 25 Apr 2003
Posts: 227
Followers: 3

Kudos [?]: 79 [0], given: 0


Show Tags

New post 20 Apr 2004, 18:18
A PhD in business is NOT meant for industry. In fact, you will not even get admitted to any PhD program if you indicate that you want to go into any other field except business academia. So yes, Only if you do want to become a professor, you go into preparing for it. A typical PhD program demands enormous resources from the B School as well as from aspirants, who need to put in a minimum of four to five years in the process. Normally, if you intend to go into industry, an MBA is a sufficient preparation for the same.

A second option, though frowned upon by academicians is higher order consulting assignments in business. However, only a minority of PhD's go into these assignments.
  [#permalink] 20 Apr 2004, 18:18
    Similar topics Author Replies Last post
For potential PhD applicants tkkoh 5 03 Mar 2007, 07:29
Top PhD Programs sassymar111 2 22 Feb 2007, 12:53
PhD Application 2007 Blunt 2 09 Feb 2007, 13:06
Choosing a PhD program uneek 1 05 Jan 2007, 22:57
PhD SOP.???????? abns 2 18 Jul 2006, 01:19
Display posts from previous: Sort by

PhD Waste of Time

  new topic post reply Question banks Downloads My Bookmarks Reviews Important topics  

Moderator: carcass

GMAT Club MBA Forum Home| About| Terms and Conditions| GMAT Club Rules| Contact| Sitemap

Powered by phpBB © phpBB Group and phpBB SEO

Kindly note that the GMAT® test is a registered trademark of the Graduate Management Admission Council®, and this site has neither been reviewed nor endorsed by GMAC®.