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Personal Investment Options. Higher Education: Bachelor’s vs. Master’s. Team 8 Jade Thiemsuwan – Organizer Nicholas Sakamoto – Techie Andy Yau – Summarizer Markel Vessup - Summarizer. EGR403: Asset Allocation and Technical Decision Making. Scenario 1.
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Personal Investment Options Higher Education: Bachelor’s vs. Master’s Team 8 Jade Thiemsuwan – Organizer Nicholas Sakamoto – Techie Andy Yau – Summarizer Markel Vessup - Summarizer EGR403: Asset Allocation and Technical Decision Making
Scenario 1 Tom, a 22-year old graduating Chemical Engineer at Cal Poly Pomona chooses to go straight to work after his Bachelor’s Degree. He graduates with good standing and has a great attitude and work ethic.
Scenario 2 Jerry, a 22-year old graduating Chemical Engineer at Cal Poly Pomona chooses to pursue a Master’s Degree immediately after his Bachelor’s Degree. He graduates with good standing and has a great attitude and work ethic.
The Bachelor’s Degree • Cost of tuition • Time • Job advancement • Jobs after retirement • Salary
The Master’s Degree • Cost of tuition • Time • Job advancement • Jobs after retirement • Salary
Bachelor’s $19200 – 4 years Master’s $19200 – 4 Years AND $60000 – 2 Years Total: $79200 – 6 Years Comparison: At a Glance
Bachelor’s Entry-Level Associate Engineer $55000 Comparison: Entry-Level Jobs Master’s • Sub-Manager or Experienced Engineer • $75000 Difference of: $75000 – $55000 = $20000
Bachelor’s Associate to Principle Comparison: Job Opportunity Master’s • Up to Manager/Director • Post-retirement careers
Resources Bureau of Labor Statistics Various university websites Real-life testimony from professors and pros