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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
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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.
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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.
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The Bachelor’s Degree Cost of tuition Time Job advancement Jobs after retirement Salary
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The Master’s Degree Cost of tuition Time Job advancement Jobs after retirement Salary
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Comparison: At a Glance Bachelor’s $19200 – 4 years Master’s $19200 – 4 Years AND $60000 – 2 Years Total: $79200 – 6 Years
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Comparison: Entry-Level Jobs Bachelor’s Entry-Level Associate Engineer $55000 Master’s Sub-Manager or Experienced Engineer $75000 Difference of: $75000 – $55000 = $20000
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Comparison: Job Opportunity Bachelor’s Associate to Principle Master’s Up to Manager/Director Post-retirement careers
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Resources Bureau of Labor Statistics Various university websites Real-life testimony from professors and pros
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