<p>Look at a MIS degree they will make double what a CS major will make and does not nearly the amount of work,.</p>
<p>The computer science major makes a higher starting salary. a masters in MIS in far less than work than a computer science major but keep in mind once you are out in industry all the responsibilities a MIS graduate will have deadlines need to be meet. Remember that some MIS students are very good programmers in disguise and management is just the choice for them. Plus, a good programmer will make plenty of cash. If a programmer is a good asset to a team they will be paid well.</p>
<p>
[quote]
looks like the average MBA graduate will make more than double a CivE graduate with a masters. Go figure.
[/quote]
</p>
<p>The possibly misleading part of that most MBA students already had a few years of work experience under their belt while fewer engineering grad student have as much. That MBA salary statistic could be maybe 5 years after the bachelor's degree (say 2 years work, 3 years school), while an engineering grad student grad could only be as less as 1 year after bachelor's degree. You'd have to get the engineering student's salary 5 years after bachelor's to compare with the MBA grad's salary. THAT is the statistic I'm curious about. It is no surprise to me that an MBA grad would make twice as much as a civE grad.</p>
<p>Ken - that is a very good point. Just one thing to add, even though that may be true to some extent, keep in mind that the majority of business majors work during the course of their undergrad degree and can go straight into an MBA program directly after commencement (I know multiple business students who will have 2 years of employment completed by graduation.) Not the case for engineering majors. That why even though I agree on how versatile a degree in engineering can be the Engineering undergrad+MBA can be extremely unpractical.
Plus, it is not unlikely for finance/BBA/Economy graduates to receive a stipend by the company they work for to advance their career. How many engineering firms can you think of that are willing to pay for an employee to obtain a ME let alone an MBA.<br>
The Engineering+MBA from a financial perspective pays off but is it really unpractical and is way way overhyped on this forum.
I, as well, was considering an MBA but I dont plan on giving up the ME I plan on pursuing to work as a consultant for the higher pay.</p>
<p>I have the same question as you what is the average pay after 5 years of employment for a engineer with an ME? Don't take this sarcastically, but im pretty sure it is nowhere near 92k a year and you'd be lucky to get any signing bonus let alone 17k.</p>
<p>I'm sure it's not 92k either. It was more of a curiosity question than anything else. There are actually quite a few companies (usually the bigger ones) that will pay for a student's master's degree in engineering, but you would have to work full-time and go to school part-time, which is no easy feat. The company that I'm interning at right now pays up to 5250 per year for tuition when you're a full-time employee.</p>
<p>About business majors working during undergrad... what is the average age for students entering MBA programs? I always thought it was the late 20s.</p>
<p>Michigan- Ross School of Business</p>
<p>Class of 2007 Statistics</p>
<p>Class Size</p>
<p>45</p>
<p>Average Age</p>
<p>33</p>
<p>Age Range</p>
<p>26-40</p>
<p>Average Years of Managerial Experience</p>
<p>9</p>
<p>Years of Managerial Experience Range</p>
<p>4-15</p>
<p>Undergraduate Majors</p>
<p>Engineering 28%
Business Administration 28%
Economics 17%
Law 9%
Applied Sciences 4%
Other 14%</p>
<p>wow 9 years managerial average? that's crazy. I know students entering MBA programs at age 22. I guess it must be since they have been written as working for their fathers company or uncles or something along those lines for years. 9 years seems like a lot. I know quite a few people who are doing it with 3</p>
<p>Entering January & September 2006
Undergraduate Majors</p>
<pre><code> Business 13%
Economics 6%
Engineering 60%
Liberal Arts & Sciences 16%
Other 5%
</code></pre>
<p>Full-time Work Experience 6 years</p>
<p>Average Age 31 years</p>
<p>Women 20%</p>
<p>Minorities 29%</p>
<p>International 17%</p>
<p>Grade Point Average (GPA)<br>
Middle 80% Range 2.7 - 3.8
Average 3.3</p>
<p>GMAT Score
Middle 80% Range 600 - 730
Average 673</p>
<p>Number of New Students 185</p>
<p>Work Experience
Q: How much work experience do I need before I can apply?</p>
<p>A. We do not require a minimum number of years work experience prior to entering the MBA Program, however, most of our admitted students have at least one year of work experience prior to entering the program. We evaluate work experience, not in terms of quantity, but in terms of qualitythe impact the applicant has had on their organization and his or her natural leadership qualities. Those who are joining us at an earlier stage of their career should be able to demonstrate this in their application, what they will be able to contribute to the Ross experience, as well as have superb academic credentials and the maturity and self-confidence to handle the intensity of the program.
Q: What type of work experience are you looking for in the admissions process?</p>
<p>A: We seek diversity in the professional backgrounds of our admitted students, just as we do in other parts of our applicants profiles. No one industry or field is favored over another. We are more interested in the applicants contribution to the group or organization.</p>
<p>To get back to the main topic. Business is not something that one needs to go to school for. Many schools teach business wrong and this is especially true for investments. I haven't gone to Business school and I make good to decent money on stocks and call options. Business is mostly common sense, it really is anybody can do it.</p>
<p>Read the book. confessions of a street addict: Cramer. a great book to show that Business schools means jack ****.</p>
<p>^ ok, then how come MBA grads get paid so much? so companies are paying for a degree that people didn't have to go to school for?</p>
<p>I think OP asked a great question because I've been always wondering about the same thing. It seems like Engin/BBA dual is quite popular in places like Hong Kong where engin degrees are considered less desirable. But if engineers can handle the work that a biz major does, why people bother to get a dual degree or even an MBA?</p>