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Im looking at two PhD offers, and I don't know how to approach making a decision. I am aware of this forum's view toward schools ranked >20, but if you feel there is something worth reiterating, please share. In particular I am looking for insight to the programs listed below, but I would be grateful for any general comments. Accepted: University of Colorado Boulder (Ph.D, Waitlisted for funding) Pittsburgh (Ph.D, Waitlisted for funding) Penn State (MA, no funding) UMASS Amherst (MA, no funding) My biggest issue is that I haven't the slightest idea what I want to study. I spend most of my time reading Experimental and Behavioral economics, and lately Resource/Environmental so I suppose these are my "interests", but I have no experience in any of these fields, not even coursework, coming from a very small, poorly regarded undergrad. Honestly I have loved everything related to economics that I have been exposed to so far (really anything involving humanities and/or mathematics). I am drawn to Pittsburgh for their behavioral Lab, but I suspect that my lack of a funded offer implies that I am not expected to perform highly enough to take advantage of it anyway. Obviously this doesn't mean I can't perform above expectations, but I want to be as realistic as possible. A graduate director recently told me my chances at funding are "Slightly better than 50/50". In terms of Boulder I am very much attached to the location. In addition their strong natural science programs makes me inclined to believe their environmental program is likely worth while, but I may be wrong. As of last week I was told I was second on the wait list for funding. How should I approach these choices in the event neither offers me funding? If one does? If both do?
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People posting here have profiles that amaze me, I'm basically an average guy. My undergrad GPA in Econ was 3.3 (partly due to my depression because I was in America while my country was in civil unrest, so I was worried about my family and lost focus), and my Grad GPA from my MPP program is currently a 3.6 (could have better, because the unrest was still happening until until early this year). Both my undergrad and MPP are from MSU. My math background is weak. I failed calc 1 as a 16 year old freshman, I retook it again and got a 3.5, I got a 3.5 in calc 2. I take calc 3 in the fall, and differential equations/linear algebra in the spring. Maybe analysis is the summer, but that's the maximum I can do, because I intend to start in the fall of 2012. I got a 2.5 in business statistics in undergrad, a 3.5 in intro stats at the MPP level, 3.0 in intro econometrics 1, 2.0 in intro econometrics at the MPP level, but a 4.0 in intermediate econometrics. I'm clearly lacking in grades and in math, but by summer, I should be better off but not the ideal. I helped do research for the Michigan government and I have an independent project/thesis this spring. I don't plan to apply to a top 50 school because of that, but what are the implications of going to a 75-200 program. I ask this because my MSU econ profs came from top 25 schools, so it's clear that many professors move a notch lower to teach, so at rank 150, where would you teach then? Academia is not my main goal, but I can't say I have not thought about it.
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