Announcement

Collapse
No announcement yet.

higher education, any suggestions?

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts
  • sam_tem
    Senior Member
    • Apr 2007
    • 650

    higher education, any suggestions?



    trying to decide on how best to further my education and i figure i'd throw out the question on here since surely some of you folks do pretty well on here to be able to afford these "luxury items"</P>


    i have an engineering degree and work in the offshore oil &amp; gas industry. i'm looking to get a masters in something other than engineering, as i really don't have the interest to torture myself in an engineering degree again. i don't think a law degree would be the best fit for me so i'm trying to choose between an MBA or some sort of accounting/finance degree. i should make it clear that i intend on staying in the oil &amp; gas industry and am just looking for something to make myself more well-rounded in case i do decide to diverge into another career path at some point in my life.</P>


    i'm also looking to possibly move to paris in about 5 yrs as there seems to be some solid job prospects for oil &amp; gas there in case anyone is familiar with the job marked there.</P>
  • Chinorlz
    Senior Member
    • Sep 2006
    • 6422

    #2
    Re: higher education, any suggestions?



    Between the two, I'd say the MBA looks like the best way to go. First off, with the rightcompany, they'll pay for the classes and you can work at the same time as taking the courses.</P>


    My father (a doctorate in environmental chemistry) wanted to bulk up his credentials like you a few years ago and rocked out his MBA over a couple years in evening courses.</P>


    Especially if you aren't going to change fields drastically, I'd say the accounting/finance degree would be too much for too little of a return (in terms of a pay scale upgrade).</P>
    <P mce_keep="true"></P>
    www.AlbertHuangMD.com - Digital Portfolio Of Projects & Designs

    Merz (5/22/09):"i'm a firm believer that the ultimate prevailing logic in design is 'does shit look sick as fuck' "

    Comment

    • Fuuma
      Senior Member
      • Sep 2006
      • 4050

      #3
      Re: higher education, any suggestions?

      Oil industry offers two distinc path for you; you can either become a specialist, either as a consultant or as part of the organization(engineering masters) or work your way through management (MBAs help). They'll probably pay for both degrees.
      Selling CCP, Harnden, Raf, Rick etc.
      http://www.stylezeitgeist.com/forums...me-other-stuff

      Comment

      • random
        Senior Member
        • Dec 2007
        • 974

        #4
        Re: higher education, any suggestions?

        I have several frds doing MFE (master of financial engineering). It seems to be more popular than MBA nowadays. That program at NYU is esp hot since its easy to find a job in the city and you will get $$$ right after graduation.
        I don't exist.

        Comment

        • Faust
          kitsch killer
          • Sep 2006
          • 37852

          #5
          Re: higher education, any suggestions?



          [quote user="random"]I have several frds doing MFE (master of financial engineering). It seems to be more popular than MBA nowadays. That program at NYU is esp hot since its easy to find a job in the city and you will get $$$ right after graduation.
          [/quote]</p>

          just remember that the quants get fired first ;-)</p>
          Fashion is a form of ugliness so intolerable that we have to alter it every six months - Oscar Wilde

          StyleZeitgeist Magazine

          Comment

          • casem
            Senior Member
            • Sep 2006
            • 2590

            #6
            Re: higher education, any suggestions?

            Not to be a dick, but have you considered working in a <SPAN class=yshortcuts id=lw_1199655923_0 style="CURSOR: hand; BORDER-BOTTOM: #0066cc 1px dashed">sustainable energy source</SPAN> sector rather than oil? While I'm sure oil barrons are making a load right now, I would think it's a risky business to be in given the state of things. Sustainable energy is an emerging market while oil is a dying one, plus you could feel good about what you're doing. But what do I know, I have amaster's in a creative field that won't make me much money, butI can tell you I enjoyed my time at NYU if you're considering that. There's nothing better than going to school in the middle of Manhattan!
            music

            Comment

            • Fuuma
              Senior Member
              • Sep 2006
              • 4050

              #7
              Re: higher education, any suggestions?



              [quote user="casem83"]Not to be a dick, but have you considered working in a <SPAN class=yshortcuts id=lw_1199655923_0 style="CURSOR: hand; BORDER-BOTTOM: #0066cc 1px dashed">sustainable energy source</SPAN> sector rather than oil? While I'm sure oil barrons are making a load right now, I would think it's a risky business to be in given the state of things. Sustainable energy is an emerging market while oil is a dying one, plus you could feel good about what you're doing. But what do I know, I have amaster's in a creative field that won't make me much money, butI can tell you I enjoyed my time at NYU if you're considering that. There's nothing better than going to school in the middle of Manhattan![/quote]</P>


              I have a friend working a similar position for the oil industry whom I'm trying to convince to make a similar switch but I'm not sure its the right place (or we're the right persons) to breach this touchy topic.</P>


              Being stuck on a refinery or similar place and talking about cars, babes and sports(or even combine the three talking about formula 1) is my personal idea of hell (and I do like women, and their breasts too) but hey, diff strokes...</P>
              Selling CCP, Harnden, Raf, Rick etc.
              http://www.stylezeitgeist.com/forums...me-other-stuff

              Comment

              • sam_tem
                Senior Member
                • Apr 2007
                • 650

                #8
                Re: higher education, any suggestions?



                [quote user="casem83"]Not to be a dick, but have you considered working in a <SPAN class=yshortcuts id=lw_1199655923_0 style="CURSOR: hand; BORDER-BOTTOM: #0066cc 1px dashed">sustainable energy source</SPAN> sector rather than oil? While I'm sure oil barrons are making a load right now, I would think it's a risky business to be in given the state of things. Sustainable energy is an emerging market while oil is a dying one, plus you could feel good about what you're doing. But what do I know, I have amaster's in a creative field that won't make me much money, butI can tell you I enjoyed my time at NYU if you're considering that. There's nothing better than going to school in the middle of Manhattan![/quote]</P>


                Point well taken, but i think you may be too optimistic with sustainable energy. I would think that oil demandhas nowhere near peaked as developing nations are just now catching up with the standards of living in america/eurozone and there are many more behind them that haven't even started. No amount of legislation in developed nations will be ableto offset the growing demand that will come from emerging markets in the years ahead. My understanding is that sustainable energy sources are only feasible when the price of oil isinflated as it is now and even then it requires gov't funding/tax cuts to help it along the way. Developing nationscould benefit from better technology in the future, but it won't come cheap so most of them won't be able to use it for a long time (many of them struggle to maintain the technology they have from 20 yrs ago). Of course it has negative effects, but the world would not have enjoyed the same growth and increased standards of living without it. We certainly need to strive to create better technology that uses less fuel, but the gov't ismore focused oncreatingbombsand satellite missile defense systems right now. Additionally, i'll take a stab in the dark and say oil will always be around and that it will be drinking water that will be the critical commodity of the near future. My degree is in ocean engineering so I'm pretty limited to working within the oil &amp; gas industry anyhow.</P>


                i really didn't provide enough information here, but as someone has pointed out the career paths i'm looking atare being a technical specialist or taking the management route. I think my interest is more in the business side of things and an MBA would also give me a more well-rounded skills set that could help me jump ship to another industry in the future if ever need be. I say this since i hope to move at some point in the future (paris please) and the offshore industry can be limiting as to where you can work. I'm thinking i might have been happier in finance/economics but that is a drastic career change that i don't have time for. For now i'm starting french lessons tomorrow but i'll have to commit to a degree soon since i'd like to have a 2nd degree and speak a 2nd language by the time i turn 30.</P>


                I would like to work for a company that would pay for the degree, but my current company doesn't provide benefits like that (and i don't want to leave my current employerfor a while) and it usually only happens these days if you're willing to commit to working there for a set number of years after completing your degree or have already been there for a while. That kind of commitment is verydifficult to maintain in todays job market.</P>

                Comment

                • Faust
                  kitsch killer
                  • Sep 2006
                  • 37852

                  #9
                  Re: higher education, any suggestions?

                  truth (about oil).
                  Fashion is a form of ugliness so intolerable that we have to alter it every six months - Oscar Wilde

                  StyleZeitgeist Magazine

                  Comment

                  • Orochi
                    Member
                    • Sep 2007
                    • 92

                    #10
                    Re: higher education, any suggestions?

                    [quote user="sam_tem"]


                    I would think that oil demandhas nowhere near peaked as developing nations are just now catching up with the standards of living in america/eurozone and there are many more behind them that haven't even started. [/quote]</P>


                    At the risk of hijacking this thread to land on an open can of worms, I think thatyour statement is in its own waybeing a bit optimistic about the amount of oil reserves left to be extracted from the earth.The demand forenergy in these developing nations, China in particular, is going to be vast, and almost certain to overwhelm the supply of oil in the foreseeable future. If we don't invest in viable alternative sources of energy, the value for oil will continue to skyrocketas it feedsour insatiable appetite, and inevitably ending in an abrupt meltdown when the resources dry up. Just my $0.02.</P>
                    <P mce_keep="true"></P>

                    Comment

                    • casem
                      Senior Member
                      • Sep 2006
                      • 2590

                      #11
                      Re: higher education, any suggestions?

                      I hesitated to post this because I'm sure you know much more about it then I do, but I felt it was worth bringing up anyway. You're right, there may not be a viable alternative in the near future (I've read alternatives like ethanol will be even worse for the environment). Maybe just greater fuel efficiency is the best thing for now. I really wish American's would take to public transportation though, after living in New York I can't stand the attitude of most American's that need to drive everywhere...
                      music

                      Comment

                      • Orochi
                        Member
                        • Sep 2007
                        • 92

                        #12
                        Re: higher education, any suggestions?

                        North Americans would onlytake to public transportation when there's a decent infrastructure in place, and unfortunately that isn't the case with most cities. That is why suburban sprawl is the ultimate evil in urban planning. The whole suburban ideal of a green oasis free from urban blight is nothing but a myth with disastrous social, cultural, and environmental consequences.

                        Comment

                        • skot4mc
                          Member
                          • Oct 2006
                          • 74

                          #13
                          Re: higher education, any suggestions?

                          fascinating topic, regarding the oil. perhaps a seperate thread is needed?

                          anyone seen the feature film 'crude impact'? highly recommened. always interested to know how the average American responds, or the Chinese...as the US and China are depicted as having the most impact towards a mass of issues regarding fuel.

                          anyway, according to the film the US reached peak oil in the early 1970s. predictions vary, but global peak oil is anticipated to happen soon.
                          which is truly frightening.. the signs are showing as petroleum becomes a limited and expensive commodity. almost every consumable thing I can think of, relies on petrol is one way or another. we're screwed.


                          Comment

                          • justine
                            Senior Member
                            • Jan 2007
                            • 672

                            #14
                            Re: higher education, any suggestions?



                            [quote user="random"]I have several frds doing MFE (master of financial engineering). It seems to be more popular than MBA nowadays. That program at NYU is esp hot [/quote]</p>

                            Hard to get in, _very_ serious Maths. Plus he intends to stay in the oil industry. Unless he wants to deal with options pricing models, no need for the pain. MBAs are a good way to get into the management path, i.e. good money. </p>

                            Comment

                            • random
                              Senior Member
                              • Dec 2007
                              • 974

                              #15
                              Re: higher education, any suggestions?



                              that was the first thing came into my mind when i saw his post.thought itmight beafastway to get into the finance industry if he was lookin' for achange of career in the future. the mathis still at master's level(some 'advanced" calculus maybe)and might not be a big problem for him as hehas a degree in engineering.. anyway it might be the easiest way to get into the finance industry nowadays as i see. P.S.: Faust is right. plus heavy work and very tight schedule.</P>


                              just sayin' ... </P>
                              I don't exist.

                              Comment

                              Working...
                              X
                              😀
                              🥰
                              🤢
                              😎
                              😡
                              👍
                              👎