Do you think that I could a. earn more money b. have better job opportunities if I do a combined chemical engineering masters and a MBA? How much more do you think that I will earn in my first job?
2007-09-21 11:42:49 · 2 answers · asked by Anonymous in Education & Reference ➔ Higher Education (University +)
I heard a talk by someone in the biotech industry, and he said that their ideal candidate has an MBA in addition to a MS or PhD, because not only does that person know how to do good science, he or she also knows how the business side works. He said that a person with a PhD doesn't really understand how a company needs to work, because they have been in academia for too long--academia does not focus on building a marketable product, in contrast to industry, which requires generation of marketable products to survive and make a profit.
I assume that it will be similar in the engineering field--if you want to go into industry, an MBA can only help you.
2007-09-21 12:23:00 · answer #1 · answered by Melissa P 3 · 0⤊ 0⤋
More? More than what?
I think that an MBA from a top school will allow you to earn the same as an MBA from a top school combined with Chemical Engineering. This will be much more than you would make with a MS in Chemical Engineering alone.
An MBA from a school that is not a top school will allow you to make the same as a MS in Chemical Engineering without an MBA degree.
In other words -- it is the quality of the MBA, not the MS that determines what you will make.
2007-09-21 19:19:00 · answer #2 · answered by Ranto 7 · 0⤊ 0⤋