We use to joke about the different science degrees at the Q decades ago…
B.S. = Bullshit….
M.S. = More shit….
PhD = Piled Higher and Deeper…
Irony is that the Q was one of the few places that having they the correct PhD might actually make a difference in some areas. (Software, not so much, but other areas related to the standards)…. Simply put, if certain jobs requiring R&D.. But only if you want to do those jobs and you can qualify to do those jobs. Those jobs don’t necessarily pay any better than other jobs, and specialization to that degree has both pros and cons.
I’m not sure if a masters in C.S. is really that beneficial. Most of the time, it’s required for H1-B’s for employment. But for non-H1-B folks, you probably don’t need it, provided you have very good fundamentals and experience. Some kids these days can code pretty decently going into college.
You know, if you want to get a masters in C.S. these days, it will cost about $8k online from a reputable school: Georgia Tech
For other areas like finance and legal, it probably is a little different. More like a fraternity (at least that would the appearance of what I’ve seen, but it’s limited and probably not inclusive) Sibling that is in i-banking and peers seem to all have similar backgrounds. Top rank undergrad + top rank mba. But then again, my sibling and her peers tends to be elitist, lol.
For the record, I don’t have a masters. 4 years was enough for me. At some point, I was considering going back 1-2 years for a masters when I was younger. But then the thought of missing $$$$ during those years and the lure of silly valley stock options preempted that. Oh well.