Re: MBA, is it for me at this stage ?
- From: Drew <a@xxxxx>
- Date: Sun, 20 Nov 2005 11:47:32 -0500
I don't have any advice to offer but I am getting ready to finish my
Masters in CS in a couple of more weeks. Unfortunately, the company I
work for isn't planning on doing anything salary wise for my masters
or past contributions to the company. The company you are with now
sounds like a great company! Do they have any programming/CS type
jobs available? And 6 figures would definitely be fine!
Drew
On 19 Nov 2005 09:50:52 -0800, "worker" <udeshpa@xxxxxxxxx> wrote:
>It will really take a lot to explain my situation exactly, but let me
>take a stab at it. I am married with a kid with BS(EE) ,MS (EE), MS(CS)
>working for a fortune 500 for last 8 years making over six figured
>salary plus benefits in a cheap state. I have been doing technical
>stuff mostly.
>
>Frankly put, I don't think I like what I do here. It's too monotonous
>and there is pretty much no challenge. As far as I could see I don't
>see any growth for me. The handsome salary I am being paid is because I
>was at right place right time doing right stuff with a loyalty towards
>my employer for last 8 years. However, I realize that I am overpaid and
>perhaps it's difficult to get an equivalent package outside in the same
>area of software development.
>
>I am a very good technical person with good mathematical skills and
>know quite a bit about investement (stocks/mutual funds) despite the
>lack of any formal training in it. Many times the thoughts of career
>change come to my mind. I really want to be an investment banker or an
>actuary or at the very least write financial software (which I
>currently don't).
>
>With this, MBA seems to be a good option. But, I don't think part
>time/executive MBA is an option because these programs are designed to
>help those who want to grow in their existing fields, not for those who
>want to change career entirely. But doing full time MBA requires a lot
>of money and ROI may not justify the move. I believe my current salary
>(with benefits) far outweighs a freshers' salary in management.
>
>I oscillate between these 2 thoughts every day. On one side I think
>doing full time MBA brings a welcome break in what I do and who knows,
>I might beat the ROI and would make a very decent manager and make good
>money. On the other side, I feel terrified with the thought that this
>may prove a very costly mistake and what I would get after MBA will be
>a fresher's job and to even come to sam salary level as before would
>take good 5-7 years and then I would perhaps get stuck again.
>
>I also looked at some programs which give degree in Maths with
>concentration in Finanace and thought I could do a dual degree while
>pursuing MBA. Any help/suggestion is very welcome, because I have come
>to know I cannot come to a conclusion on my own and perhaps wasting my
>time in life without any meaningful action. May be 3-4 years down when
>I become 38-40, I may not have the energy to do any education and my
>career will be sealed with the company I am working for.
>
>Experts or those who have gone through these situations please advise.
>
>Regards,
>worker
.
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