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Author: kaigun Big gold star, 5000 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 37587  
Subject: Re: Cost/Benefit Analysis of a Master's Degree Date: 5/30/2000 9:05 PM
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It depends...

Depending on your field of expertise in the military, and what your masters will be cover (I have seen a wide variety of technology management masters degrees), you could see a ready reward, particularly if you were to get in to engineering services contracting for the Federal Government. The rates that companies can charge the govt are usually linked to varying levels of education and experience, and are spelled out in the contract. While some contracts use (more or less) standard GSA (General Services Accounting) rates, there can be substantial differences from one contract to the next, both in terms of charged rates, and the qualifications required.

If you are not going into this field, some commercial companies will look more closely at what you degree is in and where it came from. Name universities, or ones with a good rep will bump your pay more than the generic "working professional" degree at these companies. Smaller companies will care more about what you can do rather than the piece of paper, especially in those situations where everyone at a managerial level is expected to do many jobs until they grow to be able to afford specialists.

Hope this helps.

Kaigun Chusa
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