Jump to content
Clubplanet Nightlife Community

any business P.h.d's on the board??


Recommended Posts

Originally posted by sheendawg

Whatever you do, just make sure you're gonna love doing it! That's a lot of money to put into an education only to hate it. My friends spent over $100K at Harvard Law only to find out they hate being lawyers! :laugh:

this is exactly why im not an accountant

if i could deal with not loving my job

thats what i would do

Link to comment
Share on other sites

  • Replies 59
  • Created
  • Last Reply

Top Posters In This Topic

Top Posters In This Topic

Soon, it won't matter how much education you've gotten. The fix is in the works for wall st.

http://www.harpers.org/online/trillion-dollar_hustle/?pg=1

Now, capitalism is a big lie. It never really worked in this country without us being at war with something or someone. At the root of it is the Federal Reserve. It is the single most evil institution in this land. Because of it, this nation has been bankrupt since 1913. Don't take my word for it, do some research yourself.

Start here:

http://www.themoneymasters.com/

Link to comment
Share on other sites

Originally posted by Nestor

Soon, it won't matter how much education you've gotten. The fix is in the works for wall st.

http://www.harpers.org/online/trillion-dollar_hustle/?pg=1

Now, capitalism is a big lie. It never really worked in this country without us being at war with something or someone. At the root of it is the Federal Reserve. It is the single most evil institution in this land. Because of it, this nation has been bankrupt since 1913. Don't take my word for it, do some research yourself.

Start here:

http://www.themoneymasters.com/

as much as i like you and respect your opinions, your just totally off base here...

though i am curious as to hear what your alternative to free markets is...

Link to comment
Share on other sites

Originally posted by Nestor

Soon, it won't matter how much education you've gotten. The fix is in the works for wall st.

http://www.harpers.org/online/trillion-dollar_hustle/?pg=1

Now, capitalism is a big lie. It never really worked in this country without us being at war with something or someone. At the root of it is the Federal Reserve. It is the single most evil institution in this land. Because of it, this nation has been bankrupt since 1913. Don't take my word for it, do some research yourself.

Start here:

http://www.themoneymasters.com/

reality.jpg

Link to comment
Share on other sites

Originally posted by nympho69

so am i.....

the ONLY difference with those ruthless business people is their level of self-respect :rolleyes:...because calling yourself "nympho" while arguing with people on a messageboard are the qualities of a successful future business woman...

im sure the ABWA will praise you for bringing women in society back 100 years...

Link to comment
Share on other sites

The argument was made that with an mba / phd your salary dramatically increases. I have to disagree with this. I have friends with MBA's from top schools who are having difficulties finding jobs. They would be thrilled to find a job making 60k/year. I took another route, I graduated with a BS in Finance in 98 and went straight to work into a controller/corporate finance role. I now manage offshore finance for a british company and make considerably more than the average MBA. In today's current market, I would certainly place experience over an MBA. I do however agree that furthering your education is important for reaching higher levels of management (not necessarily quantitative geared work). For quantitative finance work, I would recommend professional certifications such as CFA, CPA or CMA.

I am currently enrolled in an executive MBA program. This will allow me to move into a more strategic decision making role. (senior vp, managing director) The work load is not terrible. The key is knowing how to manage your time. The good thing about executive MBA programs is that they incorporate every day situation which you deal with at work (along with the situations of others in your class) Another important factor to consider when pursuing furthering your education is cost. As mentioned before, I have friends who attended MBA programs full time and now have an enormouse debt. Most (if not all) executive MBA programs require that you have experience and be employed to participate in their curriculum. This allow you to offset some of the costs either through company sponsored tuition reimbursement programs and through the money you make while employed.

These are just some of the things that I have found valuable through my career thus far.

dami

Link to comment
Share on other sites

Originally posted by dami

The argument was made that with an mba / phd your salary dramatically increases. I have to disagree with this. I have friends with MBA's from top schools who are having difficulties finding jobs. They would be thrilled to find a job making 60k/year. I took another route, I graduated with a BS in Finance in 98 and went straight to work into a controller/corporate finance role. I now manage offshore finance for a british company and make considerably more than the average MBA. In today's current market, I would certainly place experience over an MBA. I do however agree that furthering your education is important for reaching higher levels of management (not necessarily quantitative geared work). For quantitative finance work, I would recommend professional certifications such as CFA, CPA or CMA.

I am currently enrolled in an executive MBA program. This will allow me to move into a more strategic decision making role. (senior vp, managing director) The work load is not terrible. The key is knowing how to manage your time. The good thing about executive MBA programs is that they incorporate every day situation which you deal with at work (along with the situations of others in your class) Another important factor to consider when pursuing furthering your education is cost. As mentioned before, I have friends who attended MBA programs full time and now have an enormouse debt. Most (if not all) executive MBA programs require that you have experience and be employed to participate in their curriculum. This allow you to offset some of the costs either through company sponsored tuition reimbursement programs and through the money you make while employed.

These are just some of the things that I have found valuable through my career thus far.

dami

great points. ;) although, i dont think you need an MBA to get into a decision making role, i know people who are senior vps and directors and have no more than a bachelors.

experience is so important, you can have any amount of education but youre not gonna know what youre doing until you have experience.

Link to comment
Share on other sites

Originally posted by nympho69

so what would work?

communism?

take one trip to cuba...

Communism would work if the system is free of corruption or outside influences. Cuba is messed up because the "freedom" loving Americans had it in a blockade for the past 40 years. If we had laid our greedy gloves off of Cuba, as a people they would have prospered under even a socialist communist dictatorship. The same goes for the U.S.S.R. Had the American banking cabal not sabotaged the U.S.S.R. system of finance, they might have still be around today. Although I don’t agree they were really for their people, that system was self sufficient for decades but our economic onslaught and tinkering doomed them from the beginning. America is afraid of another super power emerging that will endanger her primacy. Read “The Grand Chessboard†by Zbigniew Brzezinsk, an American globalist, he outlines the geostrategic imperatives of the American rulers. We are an empire plain and simple and we are following empirical designs.

If you think we have freedom here, you are sadly mistaken. Your votes really don't count, especially in national elections such as the president. But this is also the case in most, but not all, local elections. Check here for info:

http://www.votescam.com

Capitalism never really worked in this country. The very rich have always taken advantage of the poor and middle classes. Look at anything in your possession, what does it say? "Made in China," "Made in Taiwan," "Made in Brazil?" Made by slave labors exploited by American capitalist but at the same time, stiffing the American people from jobs here at home.

Look at the stock market, when you see it go below 5,000 expect most of the pension funds to go broke. You think the patriot act is about terrorism? When the bottom finally falls out of the economy, they will need the patriot act to kill opposition to the government. There are going to be a lot of angry people that can't make ends pretty soon. That's why they are creating the Patriot Act II:

http://www.pbs.org/now/politics/lewis.html

Link to comment
Share on other sites

Originally posted by somebitch

great points. ;) although, i dont think you need an MBA to get into a decision making role, i know people who are senior vps and directors and have no more than a bachelors.

experience is so important, you can have any amount of education but youre not gonna know what youre doing until you have experience.

you are absolutely right. there are plenty of senior level people with bachelors. I actually know of a very senior person in UPS who only has a high school diploma. From my experience though, these are primarily people of an earlier generation. it seems for people my age (27), it seems mandatory to have those 3 letters (MBA) to be considered for senior management (this of course is only in my professional experience thus far and could vary for others)

Link to comment
Share on other sites

Originally posted by Nestor

Soon, it won't matter how much education you've gotten. The fix is in the works for wall st.

http://www.harpers.org/online/trillion-dollar_hustle/?pg=1

Now, capitalism is a big lie. It never really worked in this country without us being at war with something or someone. At the root of it is the Federal Reserve. It is the single most evil institution in this land. Because of it, this nation has been bankrupt since 1913. Don't take my word for it, do some research yourself.

Start here:

http://www.themoneymasters.com/

Nestor, thank you for those links. Interesting reading.

As far as your previous quote is concerned.."Communism would work if the system is free of corruption or outside influences." -that saying goes for democracy as well.

As a Cuban American, I have first hand view of what Castro's government did to my family. Whether your opinion on communism is favorable or not is not an issue. It would be great if everyone could be treated equally and paid equally. I'm pretty certain that America is not entirely at fault for Cuba's poverty.

Does Castro have the power to improve socio-economic conditions in cuba? I think not. If he does, then he's a brutal dictator. If he doesn't, then it was a bad move on his part to alienate Cuba from the rest of the world.

I think that Castro's fundamental government policies are genuine. He's not out to "conquer" or abuse power in any which way. His dislike for America and capitalism is rooted deep in his ideas and for the most part, I respect and admire him. Why? Because stood up against the super power- America- and won. But I don't want those values thrown upon my family. They were forced to leave behind everything. They worked hard for their money, houses and land...but it was all taken away.

Castro did that, not America.

If that's not corruption of government then I don't know what is.

-iliana

Link to comment
Share on other sites

Originally posted by Nestor

Communism would work if the system is free of corruption or outside influences. Cuba is messed up because the "freedom" loving Americans had it in a blockade for the past 40 years. If we had laid our greedy gloves off of Cuba, as a people they would have prospered under even a socialist communist dictatorship. The same goes for the U.S.S.R. Had the American banking cabal not sabotaged the U.S.S.R. system of finance, they might have still be around today. Although I don’t agree they were really for their people, that system was self sufficient for decades but our economic onslaught and tinkering doomed them from the beginning. America is afraid of another super power emerging that will endanger her primacy. Read “The Grand Chessboard” by Zbigniew Brzezinsk, an American globalist, he outlines the geostrategic imperatives of the American rulers. We are an empire plain and simple and we are following empirical designs.

If you think we have freedom here, you are sadly mistaken. Your votes really don't count, especially in national elections such as the president. But this is also the case in most, but not all, local elections. Check here for info:

http://www.votescam.com

Capitalism never really worked in this country. The very rich have always taken advantage of the poor and middle classes. Look at anything in your possession, what does it say? "Made in China," "Made in Taiwan," "Made in Brazil?" Made by slave labors exploited by American capitalist but at the same time, stiffing the American people from jobs here at home.

Look at the stock market, when you see it go below 5,000 expect most of the pension funds to go broke. You think the patriot act is about terrorism? When the bottom finally falls out of the economy, they will need the patriot act to kill opposition to the government. There are going to be a lot of angry people that can't make ends pretty soon. That's why they are creating the Patriot Act II:

http://www.pbs.org/now/politics/lewis.html

I have done extensive research in the past

At one point I also thought communism might be better.

Then I went to Cuba

where nothing works, including power

only place where a doctor's annual salary cant pay for the medication his wife needs for one month

my point being that your argument is weak

in fact that you are saying free markets dont work because in reality they arent free

but then say communism could work

however in reality they dont

can you point to one country where it does work?

you cant use the same argument for communism that you use against free markets???

Link to comment
Share on other sites

watch out for china. once they get they're little population problem under wraps, they may soon be a force to be reckoned with. problem they have now is that only about 20% of they're people actually have legitimate buying power, and most of them live in the big cities. if they can find work, and keep creating new jobs in rural areas, and maybe get that figure to about 50%, coupled that with the fact that there is a lot of corruption of politicians and business men, and that counterfitting is so rampant, they're economy may see a explosion. they cost microsoft about 100 million a year because of bootlegging, if they can kickback that money somehow(and i'm sure they can) into they're own economy, and open themselves up to outsourcing from the US and european countries, they may make some noise. sounds shady, but whose really to stop them? of course they're not completely communist, or so they say. the principals are indeed there.....although this all could be a dream, considering finding work for about 300 million people is a little easier said than done.

Link to comment
Share on other sites

so many issues to address.....

first off cuba is not communist. there has never been a pure marxist communist society and there never will be. on paper, yes, communism appears to be the purest form of governing, in all actuality, due to human nature, it can never exist.

phd/mba? it depends what u want to do with your life. since there are many sides to finance, what your educational goals should be all depends on what u want to pursue....

corp finance/investment banking....yeah, an mba will get u in the door due to the old-school mentality of bankers. why anyone would want to go into that though, i dont understand.

trading....good luck, an mba is worth less than the paper its written on in regards to trading. your best bet would be to pursue a degreee in engineering/mathematics. the last two traders my firm hired were both phd's in mathematics and engineering. (look at the current issue of bloomberg magazine to get a better understanding of the current state of the trading world...good reading). the simple fact is trading cannot be taught, its an instinct that certain people have and most do not. the majority of our senior traders dont have mba's, and some dont even have undergrad degrees...and this is the biggest trading firm in the world. we wont even look at ivy league mba's due to their 'holier than thou' attitude.

asset management...can go either way. if u really want to get into this u need other certifications.....cfa and such. im studying for the cfa right now and its unreal. u want a challenge? try this. want to be greedy? cfa have higher starting salaries than mba's and phd's combined!!!! (if u can pass all 3 levels of the cfa u deserve every penny u get i think)

of course u do also know that the better mba programs wont even look at you if you dont have AT LEAST 3 years work experience.

good luck.

Link to comment
Share on other sites

Originally posted by petp

so many issues to address.....

asset management...can go either way. if u really want to get into this u need other certifications.....cfa and such. im studying for the cfa right now and its unreal. u want a challenge? try this. want to be greedy? cfa have higher starting salaries than mba's and phd's combined!!!! (if u can pass all 3 levels of the cfa u deserve every penny u get i think)

of course u do also know that the better mba programs wont even look at you if you dont have AT LEAST 3 years work experience.

good luck.

CFA = financial advisor??? Never heard of that test before. What will your job consist of after you pass it??

-iliana

:D

Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...

×
×
  • Create New...