Slashdot Mirror
Is Graduate School Useful in Today's World?
An anonymous reader wonders: "gradschoolstory.com has an entry on the Top 10 Reasons to go to Graduate School in the Modern World. Why did Slashdot readers go to graduate school and what did they get out of it?"
That was my #1 reason. I wasn't really happy doing general business consulting after my undergrad, so I quit to get a Master's degree and get myself into the entertainment industry. I moved myself across the U.S. to do so, and I've got to say I haven't regretted doing so.
I have a year left in my program, but I'm confident that I'm going to get a job where I want. Programming video games is a little more specific than other industry changes, perhaps, but at least in this case I know that I'm getting some skills and practical experience doing things I haven't ever done before. A lot of people said to me, "Don't go back to school, just program some games yourself!" That's hard to do when you've got a full-time job and a commute, so I decided going back to school was the best thing to do in my case.
School is expensive, but having a job that you love doing is worth any amount of money.
Well, the door was open...
I wore scruffy clothes and thought mind blowing thoughts. I ended up with some great stories and nothing of any value for my resume. This happened to 90% of the folks who entered with me. All of us had to go reinvent themselves and take jobs that they could have gotten without a PhD. All of us work alongside people with bachelor's degrees and one even works for a man who dropped out of his undergraduate college to study calligraphy. Unless you have a real desire to study one particular subject, I think you should run as fast as you can away from graduate school. It's great fun if you're already sure of what you want to study. But if you're going to tread water, do it in an office where they pay you a real salary. The universities are filled with professors who make $200k/year, presidents who make $1m and grad students who make $10k. Plus, it's a terrible ponzi scheme. Remember that the professors need warm bodies to do the work that brings in the grants. They don't get paid until you get there. But once you graduate, you become competition. So they want you to check in and never leave to be a success.
My $0.02 anyway.
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Graduate school is definitely an asset in the software engineering industry. At my company, people in positions with the most responsibility, such as software architects and managers, primarily have graduate degrees. Software architects, who are tasked with coming up with a framework under which 10-50 engineers develop within, typically have PhDs in Computer Science or Mathematics. First-level people managers typically have a masters in Computer Science, or occasionally an MBA. Second-level people managers, known as directors here and many other places, nearly always have an MBA.
I've been doing quite well at my company with a simple bachelors in Computer Science, but it will take me much longer to become an architect without a graduate degree in CS. It would also be very difficult to obtain director status without an MBA. I'm not saying it's impossible for me to obtain these roles, but having an advanced degree gives one substantial credibility, even if it is undeserved.
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Especially for Piled high and Deeps, the destination is never guaranteed, so you'd better enjoy the journey.
Sounds like you never went for an MBA...
No, and I probably never will.
I wasn't actually attacking on MBAs in general; I was just pointing out that our President has an MBA.
Here's the thing about people that go to grad school to get an MBA. A very small percentage are interesting people who want to do interesting things in life, and they see their path as owning or running a business. The vast majority of people earning or who have earned an MBA do it because it will lead to more money. These people are uninteresting. Boring. Status quo. It's hard to blame any of them individually for the world's ills, but it's awfully hard to posit that they're part of the solution.
Maybe you're part of the one or two percent that will go on to do something interesting. If so, my hat's off to you. However, don't go over-inflating the worth of an MBA beyond its earning power.
It's not offtopic, dumbass. It's orthogonal.
You know what they say about Yale graduates, don't you? They always find a way to work into the conversation that they're from Yale. =) Either that, or they weren't taught not to pee on their hands. I forget which.
It's not offtopic, dumbass. It's orthogonal.
> If you really think the majority of professors make $200k, you're nuts. At the school where I work, incoming assistant profs make ~$40k, associate profs with tenure about $55k and the full professors clear about $90k.
Clearly it depends on the school and the professor's field, but those numbers are way low for computer science.
Check out the Taulbee Survey. Scroll down to Table 34, examine the median and mean for tenure track salaries, and take note of the fact that that's a 9-month salary for someone who just put their foot on the stair.
Sheesh, evil *and* a jerk. -- Jade
I spent a year leading the grad student government at my school and spent an insane amount of time talking with students, administrators and faculty about graduate education. From that point of view, graduate school is getting a PhD. Masters and professional students serve two purposes: fund raising and an outlet for failed/burned out Ph.D. students. If you're not paying tuition and you're getting a master's, someone somewhere thinks you'll end up getting a doctorate. The difference in research and learning between a 2 year master's and a 6 year doctorate is huge. Getting a master's degree is a continuation of your bachelor's work. Getting a PhD redefines your life. It can be good, it can be bad, but it forces you to see what you are capable of.
If you're not exited by the chance to do research, if you wouldn't work in the best lab for (insert your favorite area of research here) for free, grad school may not be for you. Universally, if you do not love your subject, you will not finish. No matter how important or cool your research is, no one is going to care about it. Sure, at the end, someone may be interested, but you're not going to get a lot of attention even from friends and family while in the middle of the project. Your boss may not care about it. Many people drop out of grad school not because it is too hard, but because it's too long. Family emergencies, health problems, getting older, poverty and boredom are all killers in grad school. Anything that can distract you at a crucial moment can lead to someone else publishing that great paper that would have finished your dissertation.
That's not say it's all bad. There are reasons to be here. It's a bit difficult (not quite impossible) to get into science without a PhD. Certainly, being invited to work on things like fusion and nanotechnology is better than begging for it. If what motivates you is science, technology and shaping the future, then go to graduate school. It's an opportunity to work on what you think really matters. For example, many people today think we're too dependant on oil, graduate school is one opportunity to actually do something about it. If what motivates you is money, fame, personal freedom, video games, sports, politics, or anything like that, maybe it's not for you.
Another interesting thing about grad school is the age of the people here. At my school, the average grad student is 30 (there are 5000 of us, so that's not just a few old-timers). Either we've been in grad school forever, or we've been out to the world and discovered that it's not all we'd hoped for. Grad school is a place where you really can get out as much as you put in. Working for the right people can lead you to opportunities to do things you were told were impossible in college. It's a place where you can work on things you've only read about in science fiction. It's a place where you really can get a lot done, and you can see the frantic pace of progress first hand. It's also a place that can chew you up, spit you out, openly treat you like a second class citizen and ruin your life.
Graduate Assistantships are usually your best bet for making it through graduate school. As a GA, I made around $1500/mo, which is peanuts for an engineer, but it took care of living, food, and the bills; my tuition was also paid for in full because of the position. At some of the larger, more prestigious universities, it's common to have professors with $1M+ grants that need research assistants. Granted you'll be a bitch boy for the professor, but he or she will often take care of your expenses in return, especially if you do a fair amount of work. Fellowships are also fairly easy to come by if you have a fairly decent GPA, GRE scores, and work/research experience. Applying to UCF, I was offered a $10k/year fellowship beyond a GA position.
The Gov't also has what's called a Palace Acquire program, for civilian employees, where you work one year, then go off to school for two years, then work an additional year. During those 4 years total (or 3 if you only take 1 year to complete a masters), you are paid a steadily-increasing salary, along with free tuition up to a certain dollar amount (you couldn't expect $150k for MIT). The only catch is that if you already have one technical masters, you cannot use the program to obtain a second one or work toward a PhD. In this case, most people use that to obtain an MBA, or a similar degree, to go off into the private sector and become upper-level managers.
Again, not really true in more cases than you would think. I have a PhD in chemistry. My grad school advisor is one of the giants in his field. Brilliant dude, tons of awards, member of the National Academy of Sciences, etc. Full professor at Stanford. He should be making a mint, right?
Well, no. He's a theorist. To the best of my knowledge he doesn't hold a single patent: he certainly never applied for one in the 5 years I worked for him. Many professors tap grants, but theorists don't get big grants for the most part. He's certainly not hurting for cash but he's not exactly buying yachts either.
For folks in marketable fields, yes, you can get some patents. But many university scientists don't really work in areas like that. Most of my friends worked for a guy who did ultrafast laser spectroscopy. Another really really smart dude, but again, no patents that I know of. He didn't do any outside consulting or own a company either.
On the flip side, a few folks I knew worked for Dick Zare. Now Zare is the guy you're talking about. Or others who worked for Barry Trost. (Google the names if you're curious) Trost made a mint consulting for all the big drug companies: my Dad ended up working with him a few times while he was a Merck. Then again, only a few folks are good enough to get these kinds of gigs, and Trost is awesome.
"Seven Deadly Sins? I thought it was a to-do list!"
Yes, we know. And 78.2% of all statistics are made up on the spot.
Do you honestly believe this?
In my classes, we've talked about this. It's the first question the professors ask: "Why are you here?" People are brutally honest. A few say they're in it for the money. A few say they like the idea of adding initials to their name. Some never went to college, so they're trying to wrap up undergrad and graduate school at the same time.
The vast majority, however (and no, I'm not going to quote statistics -- because I don't have any) say they're tired and bored with their jobs. They like where they work more or less, but their particular tasks are repetitive and dull. System admins, programmers, etc. They want to move up to a position where their decisions matter.
Years ago, you could climb the corporate ladder to become a manager/director/CTO/CIO. You can't do this anymore. Many positions are revolving doors, and it's almost impossible to make your mark in companies that are always in flux. Just like more decent businesses won't accept you unless you have a college degree (bare minimum), most businesses won't accept managers who haven't got an MBA. It's the current reality of business and you'll just have to get used to it.
Also, I would like to comment on the "interesting things in life, and they see their path as owning or running a business" bit. I don't see owning a business as a particularly interesting thing (at least not "more interesting" than managing in an established company). I know plenty of people with crappy small businesses that will never get off the ground -- I'm not sure how they could be interesting. Personally, I wouldn't even attach the word "interesting" to one's career choice -- what you do outside of work is really what defines you.
However, don't go over-inflating the worth of an MBA beyond its earning power.
And don't go listening to stereotypes. They're usually wrong.
There are too many accredited diploma mills out there it seems.
On the other hand, a bachelor's from, say, MIT is not going to look like a diploma mill...wouldn't that be more valuable than a master's from UPhoenix?
(Assuming you get in. But there are a lot of places that aren't as hard as MIT that still are quite well known and won't look like any-old-bachelor's.)
So a couple of people are walking in New Haven, and they come across this guy.
"Where are you from?", they ask.
"Yale."
"And what's your name?"
"Yonathan Yones."
While the Taulbee Survey has very reliable information, it polls only CS departments which grant PhD degrees. CS faculty who teach at four-year colleges and universities, who spend more time teaching and less time bringing in their body weight in gold grant monies, earn substantially less than Taulbee numbers.
Better to
You raise a great point. Let me use myself as a real-world example.
I dropped out of H.S. and got a job at age 16. It was 1996, and the job market was very forgiving. I was able to enter a major corporation and slide up a few rungs before anyone even noticed my lack of schoolin'. I had virtually no debt, and thus, every paycheck was putting me further and further into the black.
Cue 2002: suddenly I was under-educated for my own job, and so, went $30,000 in debt to afford a college education. However, I really wanted to make something of myself so I lived plunged in with both feet. I started a small retail company to pay the bills, and was able to get my 4-years done in about 3.
Now in 2006 I have been out of school for a bit more than a year, and most job offers I see are for LESS than my 1998, HS dropout pay. The irony is, I learned far more running my own buisness than I did in school. As a result, I'm in no hurry to return to my cube. Of course, I might prefer the stability of a "real job", but not at these current wages being offered.
I'm not "unwilling" to work, I'm unwilling to work for less than I am worth. And I am no hater of capatalism; thanks to the glory of capatalism I made more money day-trading yesterday than I did freelancing.
barack to the future?