Risk of Getting Business Graduate Degree

<p>Hello All,</p>

<p>Here is my current dilemma:
I graduated in 2010 from the University of Cincinnati with a BS in Aerospace Engineering. I just moved to Florida for a job as an engineering contractor for a large corporation making a pretty decent salary. However, I have a very large student loan of which paying off won't be a problem. I'm not too fond of my work environment and the actual work that I'm doing. </p>

<p>I was originally planning on getting my MBA in 5 years. Now, after working for about 10 months in the engineering field, I want to get switch to the business realm. Since the MBA requires at least 4 years of experience, I'm looking into the Master of Science in Finance program. I would love to do corporate finance/investment banking. As preparation, I've bought a GMAT study-guide and plan on taking the GMAT in August.</p>

<p>I'm worried that I won't be able to find a finance-related job after the year-long program ends, resulting in me not being able to handle all the student loan debt.</p>

<p>Questions:
What kind of job prospects can I expect, if any, by choosing to get the MSF degree?
Will the pay be above $70,000?
Is it recommended that I wait a couple of years before entering B-School to get an MBA-related degree?
Is the competition going to be too fierce due to more experienced individuals searching for the same job?</p>

<p>Any questions/comments would be greatly beneficial.
Thank you so much for your time!</p>

<p>real quick. I need to get to bed.</p>

<p>Your concerns are valid.
What are the reasons to wait for 5 years, and are they still valid, other than you don’t like your work.
MBA’s are cheaply had.
Live cheaper to pay off your loans faster. What are your housing, transportation, food expenses now?
How much debt do you have and what type?</p>

<p>I told our son that if he wanted business courses- get them at the community college, then local college parttime. If he needed specialized knowledge, then network locally in business clubs. </p>

<p>I wouldn’t pay someone with a MBA who is fairly young, no business experience, have to train him in the company’s basics, few life experiences. Too much of a risk to the company. </p>

<p>You don’t have a dilemma, You have choices where you have incomplete information.</p>