University of Michigan Ann Arbor MAE vs. NYU economics master

Colleges & Universities University of Michigan
1

<p>I’m an international student from China. I have been admitted to U Michigan Ann arbor MAE and waiting for the result from NYU.</p>

<p>Actually, rather than pursue phd in economics, and I would like to pursue a double major master degree (maybe economics & management or hr, but I’m not sure now). </p>

<p>Therefore, I’m wondering which program will be more suitable for me, and which option is better, considering the reputation and the job opportunity available. In addition, how can I manage to pursue a double major master degree? </p>

<p>I really need your help and suggestions.
Thanks in advance!</p>

2

<p>First big thing,</p>

<p>If money is one of your decision factor, You have to know that full cost (education + cost of life) for NYU is WAY more expensive than UMich.</p>

<p>I know that Umich and NYU both have great programs for master’s degree, </p>

<p>HOWEVER, </p>

<p>If you really want to put yourself in education, I recommend Umich which has better educational atmosphere. </p>

<p>If you want to go out and do something while you pursue your degree, everyone will recommend NYU, including myself.</p>

<p>For job opportunities, most people would say that NYU has better chance for you to have more quality job. </p>

<p>I believe Umich and NYU both have good reach to society, so either degree would be fine for you to get a high paying job (you can move around and find job with the degree)</p>

<p>What I heard was that NYU doesn’t have strong curriculum for master and ph.d except business… !!!BUT!!! I sincerely recommend you to check their websites (both schools) to see for YOURSELF first. YOU are the one who will go to school so you have to decide which school has better program</p>

<p>and last, most people don’t do double master’s degree in the same time as far as I am concern. It will be really tough for you.</p>

<p>Personally,</p>

<p>Under the condition that they have similar curriculum and level of education</p>

<p>I recommend NYU (except for the money part) because of the huge opportunity for job openings which I know it is contradiction for what I said but you would agree too that you dont have to move around to another state to get a job you want. the biggest thing is that you can see the world flowing, which is harder to do in the state of Michigan according to current economic status. </p>

<p>I personally hate NYU since it was my dream school and got rejected lol…
however, if you like living in fast running city, you will love NYU better than Umich.</p>

<p>Good luck with your education!</p>

3

<p>Both have excellent Economics departments. You should choose based on your future goals.</p>

<p>If you intend on returning to China after you get your Masters in Economics degree, I think Michigan is a better option. </p>

<p>If you wish to stay in the US, given its proximity to a major urban area, I think NYU would be a better option for finding a job. </p>

<p>If your interest is in Management or HR, you should have applied to MBA programs (Michigan’s Business school, Ross, is actually extremely strong in Management and HR) or to speciality programs such as Cornell school of Industrial and Labor Relations (very strong in HR). But getting into the MAE program at Michigan will not get you into the Ross program. You will have to apply to it seperately. Cornell’s ILR program is excellent and much more affordable than an MBA, but will be almost entirely focused on Labor Relations and HR.</p>

4

<p>Are you sure about those tuition fees Jocelyn? They seem a little low (I would expect both to be over $40k). I would expect Michigan and NYU to have almost identical tution fees, but living in NYC costs roughly twice as much as living in Ann Arbor.</p>

5

<p>Thanks for your suggestions, thousandmile! I’ve heard someone said that location should be the most important factor when you make the final decision. I do agree that nyu have the edge in terms of its location. However, money is absolutely one of the decision factors. But it seems that nyu’s out-of-state tuition($31,896 2010-2011) is cheaper than Umich ($35,944 ), according to information I searched from gradview. Yet, cost of living in ny will be much higher than mich, right?</p>

<p>Besides, you mentioned that seldom people do double master’s degree at the same time, but what about I apply for management or hr major after I finish economics degree? </p>

<p>Both of them are my dream schools, so it’s really hard for me to make a decision between them.</p>

6

<p>Thank you very much, Alexandre~ I was wondering that can I apply for the Ross program while I studying in MAE program? Or I cannot apply for that until I finish MAE program first? </p>

<p>oh, NYU and UMich do have almost identical tuition &fees (including tuition, flat fee charge, additional fees). </p>

<p>Besides, what factors do you think should be taken into account when I have to make a final decision, except for location, job opportunity, reputation? </p>

<p>Any suggestions will be very welcome~</p>

7

<p>I will tell you this.</p>

<p>do whatever you want to study FIRST.
whatever job your going to get with whatever master degree you choose,
if you don’t like it, its not worth what so ever.</p>

<p>Start small, start with degree you want to pursue.
If the second degree is just for your passion, not for your future job, I recommed to hold it to it for a while. I hate to admit, but you have to earn money soon. </p>

<p>It really doesn’t matter how many degree you have when it comes to jobs in society. The employers care about how much job experience you have and how valuable workforce are you(internship, job experience, ect…). Thus, the number of degrees is not a important factor of getting job.</p>

<p>(true story) that the general coordinator was a state university graduate who had tons of working experience while harvard graduate fail to get the position. (it was hotel, i dont remember the name)</p>

<p>It sounds ambiguous but if you are worried about your job internship and securing job after master degree, I would be more concerned about how I build my portfolio (one master with a lot of work experience). which is perfect for economics degree…</p>