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Old 02-21-2007, 09:43 AM   #5 (permalink)
shoaibakram
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Quote:
Originally Posted by GMATbong View Post
I am fortunate or rather unfortunate to experience two very extreme grad school programs (both master degrees). The MBA program is one of the best experience and it has totally transformed myself into a green mean machine - into a typical MBA grad school from any of the top 10 schools. (OK, which is why I want the international development program since most ppl are mean machines ready to kill)

The other program or the MPAID program is one of the toughest master degree out there. The program is known in World Bank as a condense econ PhD without the thesis. And the first year sucks big time, I struggle like many first year econ PhD student holding MWG and not knowing 20% of the material. This is in contrast with the MBA program where I can understand 100% of the material. Yea.... I feel for you for all those PhD econ students.

So what's the verdict? If I know what I am getting into, a MBA will be just fine. Why struggle so much math on Hamiltonian, phase diagram and for what? If you are not going to teach with a PhD. Get some pratical degree like a MBA and learn porter's five forces and/or Discount Cash Flow. The former will get you a 140K teaching job these days, the later will get you a 250K starting salary at a PE shop.
r the above figures a mere approximation or much closer to real ! 250K starting is humoungous ! Computer engg. grad merely manage 100k after a masters, even from a top-10 school !
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