Masters Advice urgently needed - Salary.sg Forums
Salary.sg Forums  

Go Back   Salary.sg Forums > The Salary.sg Discussion Forums: > Education and Personal Growth

Education and Personal Growth Schools, further studies, getting ready for employment, and motivation stuff




Masters Advice urgently needed

Reply
 
Thread Tools
  #1 (permalink)  
Old 13-04-2014, 12:22 AM
Verified Member
 
Join Date: May 2010
Location: Singapore
Posts: 18
rampa001 is on a distinguished road
Smile Masters Advice urgently needed

Hi All ,

I'm an electronics engineer by profession with around 8 years of work experience. My take home pay is around 6K plus per month. Recently I got two offers from a Leading university in asia to study Master of global operations & Engineering Management full time. The course costs respectively (tuition only) are $34K & $20K. My main idea of taking masters is for a career change into becoming more of an analyst ,business development or operations management (manufacturing for example) kind of role. I'm now in a dilemma as to which course to choose & which would be a more financially feasible option considering it's a career change & will I need to take a big pay cut as a post graduate... Any advice is much appreciated.

Reply With Quote
  #2 (permalink)  
Old 13-04-2014, 01:29 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by rampa001 View Post
Hi All ,

I'm an electronics engineer by profession with around 8 years of work experience. My take home pay is around 6K plus per month. Recently I got two offers from a Leading university in asia to study Master of global operations & Engineering Management full time. The course costs respectively (tuition only) are $34K & $20K. My main idea of taking masters is for a career change into becoming more of an analyst ,business development or operations management (manufacturing for example) kind of role. I'm now in a dilemma as to which course to choose & which would be a more financially feasible option considering it's a career change & will I need to take a big pay cut as a post graduate... Any advice is much appreciated.
your current pay isn't very bad. have you considered moving up in your company or getting a bigger role in another company?

personally i would consider the following factors i were to go back to school full-time:

- current pay. is it good? will i get more if i get more paper qualifications.

- current industry. is it a sunset industry. what are the upsides? will getting additional qualification help in this current industry.

- hopping to a different industry. is this a lucrative industry? is the new degree going to help me get into the new industry?

most real-life examples i have come across are people taking financial-related degree courses in a bid to get into the lucrative banking and finance sector. some are successful, some aren't. your mileage may vary, of course.

Reply With Quote
  #3 (permalink)  
Old 13-04-2014, 04:17 PM
Verified Member
 
Join Date: May 2010
Location: Singapore
Posts: 18
rampa001 is on a distinguished road
Default

Quote:
Originally Posted by Unregistered View Post
your current pay isn't very bad. have you considered moving up in your company or getting a bigger role in another company?

personally i would consider the following factors i were to go back to school full-time:

- current pay. is it good? will i get more if i get more paper qualifications.

- current industry. is it a sunset industry. what are the upsides? will getting additional qualification help in this current industry.

- hopping to a different industry. is this a lucrative industry? is the new degree going to help me get into the new industry?

most real-life examples i have come across are people taking financial-related degree courses in a bid to get into the lucrative banking and finance sector. some are successful, some aren't. your mileage may vary, of course.

Thanks for the advise.... , actually there are bigger roles I could aim for but it doesn't really make much sense to me , from what i see , I might grow till about 7K-8K per month where i have little transferable skills (soft skills specially) work long hours under a lot of competition & cheap labour in the market for engineering.

My current industry is the semicon industry , its not really a sunshine industry. Wave after wave of cost-cutting going on.

My idea of doing this masters is to get into the fields of finance or at least into business development , operations kind of role where i will build transferable skills across the board , where I will have a lot of options open in the future when compared to a niche engineering role where most people are paid low.

my concern is how low would i have to start and what kind of a salary range to expect after graduation considering I'm a purely engineering guy with a new masters in operations management ?? (forgetting for a moment the masters in engineering management )

Reply With Quote
  #4 (permalink)  
Old 16-04-2014, 06:23 AM
Unregistered
Guest
 
Posts: n/a
Default

Are you working in Global Foundry or Micron ?
Reply With Quote
  #5 (permalink)  
Old 17-04-2014, 11:31 PM
Senior Member
 
Join Date: Nov 2012
Posts: 38
wahkao is on a distinguished road
Default

grab MBA would be idea.
you can do sales engineer role
Reply With Quote
Reply

Bookmarks

Tags
career change, engineer, masters, operations, study

« Previous Thread | Next Thread »
Thread Tools

Posting Rules
You may not post new threads
You may post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are On
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Advice needed on NUS e-commerce course! dilemma Education and Personal Growth 10 20-06-2013 11:00 AM
Advice needed on the track i should go annabella Investments and Net Worth 2 09-04-2013 02:55 PM
Advice needed thedudeabides Income and Jobs 5 30-06-2012 12:45 PM
Advice needed! valle27 Income and Jobs 4 05-04-2012 02:52 PM
Advice needed boliao123 Income and Jobs 1 18-06-2010 05:41 PM

» 30 Recent Threads
Software developers salary outlier ( 1 2)
18 Replies, 3,113 Views
Lawyer Salary ( 1 2 3... Last Page)
9,747 Replies, 3,184,259 Views
Compare civil service salary ( 1 2 3... Last Page)
10,924 Replies, 6,040,280 Views
How much do you need to retire... ( 1 2)
14 Replies, 2,745 Views
Career as Teacher ( 1 2 3... Last Page)
2,965 Replies, 1,819,836 Views
Q: Big4 - Yearly salary increment ( 1 2 3... Last Page)
1,057 Replies, 836,668 Views
Anyone jobless for a long time... ( 1 2 3... Last Page)
3,018 Replies, 1,161,999 Views
ST Electronics ( 1 2 3... Last Page)
1,060 Replies, 284,317 Views
Singapore LNG Pay
5 Replies, 1,488 Views
Work culture in CPF board ( 1 2 3)
24 Replies, 35,242 Views
Whats your net worth ( 1 2 3... Last Page)
2,774 Replies, 839,312 Views
MINDEF DXO (All FAQ on it) ( 1 2 3... Last Page)
3,475 Replies, 2,054,843 Views
Dsta ( 1 2 3... Last Page)
852 Replies, 584,308 Views
Working in HDB ( 1 2 3... Last Page)
352 Replies, 285,955 Views
UOB Management Associate Program ( 1 2 3... Last Page)
287 Replies, 187,325 Views
MasterCard Graduate Developement... ( 1 2 3)
25 Replies, 7,240 Views
Singtel Management Associate... ( 1 2 3... Last Page)
130 Replies, 93,090 Views
Civil Service Performance Bonus ( 1 2 3... Last Page)
1,676 Replies, 1,375,619 Views
How is life as a doctor in... ( 1 2 3... Last Page)
1,526 Replies, 1,006,539 Views
DBS Graduate Associate Program ( 1 2 3... Last Page)
749 Replies, 383,863 Views
AML/Compliance/KYC professionals... ( 1 2 3... Last Page)
1,407 Replies, 597,240 Views
How Much Do You Need to Earn... ( 1 2 3... Last Page)
41 Replies, 19,156 Views
How much are you earning per annum? ( 1 2 3... Last Page)
12,111 Replies, 3,891,870 Views
Civil Svc/ Statboard - Typical... ( 1 2 3... Last Page)
2,803 Replies, 1,184,726 Views
Ex-MOE Teachers ( 1 2 3... Last Page)
85 Replies, 123,802 Views
Pay grade at CSA ( 1 2 3... Last Page)
150 Replies, 40,322 Views
Any Kaplan students here can land... ( 1 2)
15 Replies, 2,410 Views
Part-time Higher NITEC in...
2 Replies, 2,038 Views
Allied educator scheme
2 Replies, 724 Views
Powered by vBadvanced CMPS v3.2.2



All times are GMT +8. The time now is 09:05 AM.


Powered by vBulletin® Version 3.8.5
Copyright ©2000 - 2020, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO 3.3.2