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Kate07
Feel better my little guy!
Member since 5/05 4476 total posts
Name:
Kate
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Re: Do you think a lot of schooling =better salaries?
Posted by Jessica
Posted by Kate07
No.
I think it depends on the field and often who you know, not what you know.
ditto
but jeanine aren't you in finance? A degree opens the door for you.
Honesly, you probably would get a significant salary increase with a Bachelors.
I mean your could probably get you B.S. in Finance in 2 years going part-time. Since you already have a degree - you probably have all your "core" classes - you would probably only need 9 or 10 classes to satisfy a Bachelors in Finance.
If you were to go to a program like Baruch you'd pay state tuition and they have a nationally ranked part-time program.
Message edited 1/24/2007 3:34:18 PM.
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Posted 1/24/07 3:32 PM  |
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Smileyd17
kids
Member since 5/05 20997 total posts
Name:
Mommy
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Re: Do you think a lot of schooling =better salaries?
In what I do, none of those degrees would make a difference.
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| Posted 1/24/07 3:33 PM |
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Jessica
I'm a mommy :)
Member since 1/06 7322 total posts
Name:
~Jess~
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Re: Do you think a lot of schooling =better salaries?
Posted by Kate07
Posted by Jessica
Posted by Kate07
No.
I think it depends on the field and often who you know, not what you know.
ditto
but jeanine aren't you in finance? A degree opens the door for you.
Honesly, you probably would get a significant salary increase with a Bachelors.
I mean you could probably get you B.S. in Finance in 2 years going part-time. Since you already have a degree - you probably have all your "core" classes - you would probably only need 9 or 10 classes to satisfy a Bachelors in Finance.
ditto. everything kate said. Jeanine, you could even go to a cuny or suny school and take online courses.
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| Posted 1/24/07 3:35 PM |
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nov04libride
big brother <3
Member since 5/05 14672 total posts
Name:
Me
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Re: Do you think a lot of schooling =better salaries?
Posted by Kate07
Posted by Jessica
Posted by Kate07
No.
I think it depends on the field and often who you know, not what you know.
ditto
but jeanine aren't you in finance? A degree opens the door for you.
Honesly, you probably would get a significant salary increase with a Bachelors.
I mean your could probably get you B.S. in Finance in 2 years going part-time. Since you already have a degree - you probably have all your "core" classes - you would probably only need 9 or 10 classes to satisfy a Bachelors in Finance.
If you were to go to a program like Baruch you'd pay state tuition and they have a nationally ranked part-time program.
An associate's is usually 60 credits, bachelor's a min. 120, so it would be at least another 60, but I think in finance definitely worth it! I was on the trading floor at a major Wall Street firm and they didn't hire any brokers or traders without a bachelor's.
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| Posted 1/24/07 3:36 PM |
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BaroqueMama
Chase is one!
Member since 5/05 27530 total posts
Name:
me
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Re: Do you think a lot of schooling =better salaries?
No, not necessarily.
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| Posted 1/24/07 3:36 PM |
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MrsStein
LIF Adolescent
Member since 9/05 692 total posts
Name:
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Re: Do you think a lot of schooling =better salaries?
I think the degree I got helped me get my first job which was decent paying. But I haven't been back to school for my masters or any more degrees, and my career has progressed along nicely position wise and salary wise.
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| Posted 1/24/07 3:46 PM |
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MichaelsMommy
Love my son!
Member since 6/05 1468 total posts
Name:
Lauren
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Re: Do you think a lot of schooling =better salaries?
I think it depends as to what field you end up in. I know for a fact I make more than some of my friends who have had more schooling, but we're in totally different fields, they work on LI and I'm in Manhattan. Lots of different factors to consider.
Anyway, to answer the question, no, I do not think a lot of schooling means more money. Unless of course you end being a lawyer or doctor or someone like that! Which I am not! 
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| Posted 1/24/07 3:51 PM |
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CowgirlChick97
Nike. Just do it.
Member since 5/05 3303 total posts
Name:
Brianna
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Re: Do you think a lot of schooling =better salaries?
Posted by Jessica
Posted by Kate07
Posted by Jessica
Posted by Kate07
No.
I think it depends on the field and often who you know, not what you know.
ditto
but jeanine aren't you in finance? A degree opens the door for you.
Honesly, you probably would get a significant salary increase with a Bachelors.
I mean you could probably get you B.S. in Finance in 2 years going part-time. Since you already have a degree - you probably have all your "core" classes - you would probably only need 9 or 10 classes to satisfy a Bachelors in Finance.
ditto. everything kate said. Jeanine, you could even go to a cuny or suny school and take online courses.
i dont think i would get a significant salary increase-im not an analyst or anything-
what i do is basically administrative-only in a financial company.
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| Posted 1/24/07 3:52 PM |
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MABLE03
I <3 SATC
Member since 6/06 4563 total posts
Name:
Fabulous
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Re: Do you think a lot of schooling =better salaries?
Nope
For example DH's brother and sister have A LOT more schooling then he does.
He makes more then both of them by A LOT.
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| Posted 1/24/07 3:56 PM |
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PotofLuck06
Our Baby Boy Is Here!!!
Member since 11/06 13241 total posts
Name:
Betsy
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Re: Do you think a lot of schooling =better salaries?
I think it depends on your field. I have a bachelor's and I'm making a decent enough salary, and so is DH, but we're not in a professional field like medical, dental, law, finance, etc
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| Posted 1/24/07 3:57 PM |
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alnem
This is gonna be a good year!
Member since 2/06 9562 total posts
Name:
Emily
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Re: Do you think a lot of schooling =better salaries?
No...i make more money than my friends who have masters degrees. While they were all still in school i was out working and getting experience. I only have a HS diploma.
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| Posted 1/24/07 4:01 PM |
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MrsERod
Praying for Everyone.
Member since 5/05 26170 total posts
Name:
MrsERod™®
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Re: Do you think a lot of schooling =better salaries?
nope!
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| Posted 1/24/07 4:01 PM |
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jellybean78
:)
Member since 8/06 13103 total posts
Name:
Mommy
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Re: Do you think a lot of schooling =better salaries?
No. Where I work some of the AA's pull in 6 figures where some people with Bachelors make half. It depends on what field you are in and how much experience you have but generally, I find that unless you are in a specialized field....medical, law..a degree doesn't guarantee you more $$$.
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| Posted 1/24/07 4:07 PM |
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eroxgirl
My Loves
Member since 5/05 15697 total posts
Name:
Rebecca
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Re: Do you think a lot of schooling =better salaries?
In my case, yes. I'm a legal secretary. I make 3 times what I was making before I had a degree and the work is no more difficult than when I first started.
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| Posted 1/24/07 4:19 PM |
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CaseyGirl
Mommy to 3 Boys :)
Member since 5/05 19978 total posts
Name:
Jen - counting my blessings...
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Re: Do you think a lot of schooling =better salaries?
No, I have more schooling than my DH and he makes 20k+ more than me...
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| Posted 1/24/07 4:23 PM |
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Beth
The Key to your new home....
Member since 2/06 24849 total posts
Name:
Beth
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Re: Do you think a lot of schooling =better salaries?
nope- I have tons of schooling and while I make pretty good money
I made more as a bartender ( no taxes vs taxes)
and my DH who didn't go to college makes way more money then me, is a VP and is 3rd in line at his job to the president at his company
don't get me wrong- he is smart- esp when it comes to mortgages etc
but he also passed the series 7 - while going to sound factory and only studying for 3 weeks- not many people who went to college can say that
so it depends on the person- IMO
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| Posted 1/24/07 4:26 PM |
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MegZee
My bunny
Member since 5/06 8777 total posts
Name:
Meaghan
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Re: Do you think a lot of schooling =better salaries?
Posted by Jessica
Posted by Kate07
No.
I think it depends on the field and often who you know, not what you know.
ditto
but jeanine aren't you in finance? A degree opens the door for you.
I agree - if you are in finance you need a bachelors. I couldnt get my job w/out a bacholers.
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| Posted 1/24/07 4:30 PM |
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Beth
The Key to your new home....
Member since 2/06 24849 total posts
Name:
Beth
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Re: Do you think a lot of schooling =better salaries?
Posted by MST9106
I dont think that "a lot" of schooling = better salaries, but I do believe that a "good" school = great salary...I came to this conclusion by working in the corporate world with a lot of ivy leaguers...
QUOTE]
I disagree with that- I went to FIT- which is a SUNY but not considered much higher then a community college
and I make more money then my brother and his FW who both went to Lehigh- which is one step below an ivy
I think it has more to do with the field you pick
my brother is working at a mortgage place- doing the samething that my DH does with out a degree and my brother is way below my DH
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| Posted 1/24/07 4:34 PM |
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Kate07
Feel better my little guy!
Member since 5/05 4476 total posts
Name:
Kate
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Re: Do you think a lot of schooling =better salaries?
Posted by Syliblond81106
i dont think i would get a significant salary increase-im not an analyst or anything-
what i do is basically administrative-only in a financial company.
I think your position is not going to pay more. I think that is the company that you are working for.
Some of the Assistant positions ask for Bachelor degrees and pay a pretty high salary.
People I know with B.S. in Finance are starting entry-level anywhere from 45-60k pre-bonus in NYC. Again it depends on the position.
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| Posted 1/24/07 4:37 PM |
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TheInfamousOTG
Waiting for Lil' M....
Member since 5/05 3468 total posts
Name:
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Re: Do you think a lot of schooling =better salaries?
Nope
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| Posted 1/24/07 4:40 PM |
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JenniferEver
The Disney Lady
Member since 5/05 18163 total posts
Name:
Jennifer
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Re: Do you think a lot of schooling =better salaries?
In every case, no.
But statistically speaking, college graduates make a lot more money than non college graduates. I don't remeber the exact figures but it was significant. (I used to work for a non profit that helped open the doors to college access).
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| Posted 1/24/07 4:42 PM |
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dpli
Daylight savings :)
Member since 5/05 13973 total posts
Name:
D
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Re: Do you think a lot of schooling =better salaries?
Again, I think it depends on what you do. My job requires a degree and the average starting salary in NYC is in the $50k range.
Also, in many jobs you need a degree to advance and some jobs now require a degree, when they didn't before. I have a friend who is an administrative asst. who has worked in the same place for over 20 years. She doesn't have a degree, but couldn't get the job she is doing now without one, since hiring practices have changed since she started there.
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| Posted 1/24/07 4:46 PM |
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MrsMerlot
Unconditional Love
Member since 4/06 6005 total posts
Name:
Chrissy
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Re: Do you think a lot of schooling =better salaries?
I'm only speaking from my experience, and that's w/in Finance. Yes, more schooling and what school (and grades) does make a difference.
My old manager worked here since she was 18 years old, never got her Bachelor's, still working for the company at the age of 34. She will never be able to go higher in title or salary b/c she does not have her degree. That being said, I was getting paid just about the same as her with a lot less experience - due to my degree. Fortunately, she's now enrolled and working on her BBA.
Furthermore, for many financial firms the school you attended and GPA does matter for FRONT OFFICE positions. If it came down to a student from Baruch vs. a student from NYU - they would compare GPAs.
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| Posted 1/24/07 4:50 PM |
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Lauren
Very Happy!
Member since 10/06 3917 total posts
Name:
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Re: Do you think a lot of schooling =better salaries?
No I don't. I think it really depends on the individual and what they are able to do with their smarts, personality and the education they have.
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| Posted 1/24/07 5:13 PM |
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MrsPorkChop
Twinning!!
Member since 5/05 9941 total posts
Name:
Missy
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Re: Do you think a lot of schooling =better salaries?
it really depends.
i cant say yes or no because each career field is different.
my career is about past experience, not college
however if you are applying for a hedge fund trading or to be a tacher at some top tier school, then of course they will look at schooling.
it really depends and can swing both ways. bottom line- a degree will never hurt your resume.
eta- because i am a female in a male dominated industry my education earned me the respect of client and colleagues
Message edited 1/24/2007 5:29:04 PM.
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| Posted 1/24/07 5:27 PM |
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