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

Comparison: At a Glance Bachelor’s $19200 – 4 years Master’s $19200 – 4 Years AND $60000 – 2 Years Total: $79200 – 6 Years

Comparison: Entry-Level Jobs Bachelor’s Entry-Level Associate Engineer $55000 Master’s Sub-Manager or Experienced Engineer $75000 Difference of: $75000 – $55000 = $20000

Comparison: Job Opportunity Bachelor’s Associate to Principle Master’s Up to Manager/Director Post-retirement careers

Resources Bureau of Labor Statistics Various university websites Real-life testimony from professors and pros