Confused between UMUC and European universities

Discussion in 'Business and MBA degrees' started by nmesproject, Sep 20, 2012.

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  1. nmesproject

    nmesproject New Member

    I live in Atlanta, GA working in High-tech industry for the last 15 years. Just finished my online MBA from UMASS and like to complete my PhD or DBA online or part-time. I am not interested in teaching fulltime but would love to do it part-time. I am torn between UMUC's DM program and Part-time DBA's at Aston Business School, Manchester Business School and France's Grenoble.
    Visiting UMUC campus every semester is more practical for me and the tuition is affordable.
    My question is if i am not looking forward to teach full-time, does UMUC's DM program sufficient or should i focus on Aston Business School, Manchester Business School or France's Grenoble
     
  2. major56

    major56 Active Member

    Your call; however, Aston, Manchester, and/or Grenoble are far more renowned B-schools than UMUC in my view.
     
  3. TEKMAN

    TEKMAN Semper Fi!


    It is a tough call because UMUC's DM program quality/reputation is not a good as European institution as you have mentioned. However, traveling to Europe sometimes hassles; I once looked at Lancaster University's Ph.D in Management with Information Systems. But I backed out as residency travel is quite inconvenience due to jobs and travel expenses. Since you live in Atlanta, GA; have you looked into Kennesaw State University - Coles School of Business' low residency Doctor of Business Administration (DBA)? The price tag is about $78,000.00; since it is state school...you might get a break in tuition.
     
  4. nmesproject

    nmesproject New Member

    Thanks for your feedback. Will UMUC's DM a sufficient qualification to teach Part-time? Will i have difficulty teaching part-time/adjunct at an AACSB accredited school with the DM qualification?

    Kennesaw State University is a little too expensive as i am paying for this by myself.

    Attending residencies in Europe will be impractical for me. Grenoble is an exception as most of their residencies are in USA.

    Bill
     
  5. SteveFoerster

    SteveFoerster Resident Gadfly Staff Member

    There is no business doctorate that's worth it if your goal for earning the degree is simply to teach part time. Do the math, figure you'll make $2000 per course if you can find any to teach at all, and that your degree will cost you fifty grand. So by the time you've put in all the years of effort to earn a doctorate, and then spent more time teaching twenty-five courses, all you'll have done is broken even financially. Oh wait, taxes -- make that forty courses. Unless you're still wet behind the ears you'll die of old age before you get through all that, and even if that weren't so, is your time really worth so little to you?
     
  6. JeepNerd

    JeepNerd New Member

    Really? I teach 3 courses at a time, most pay 2500-3000 and will pay an additional 500+ with the doctorate. That is approx. 7500 x 5ish semesters per year. 37500 in year 1 (1500x5 would mean doctorate would pay another 7500 for total of 45k for year 1)

    So your Doctorate to "just teach part time" would pay off in 1.5 years to break even.

    That is with just a Masters...BUT I am seeing the teaching slow down and more schools require the Doctorate. So spending 40-50k to retain 40-50k per year of work seems to make financial sense to me?

    I am 42, if I teach say the next 20-25 years, 45k x 20 is 900-1350k return on that 40-50k investment? I am actually looking at retiring early and teaching at some point without ever having to touch my 401k. Traveling with the wife in the RV, "working" from my campsite at the beach, or in the mtns or back home for week or two...

    Lots of incentive for this imho? Actually, I want MORE work so I agree, you folks should NOT pursue advanced degrees, leaves more work for us that do, heh!!

    All in good humor here, but ROI argument really does not seem to compute.
     
  7. SteveFoerster

    SteveFoerster Resident Gadfly Staff Member

    Not in your case, it seems. But do you really think that you're the typical case when it comes to people looking for adjunct work?
     
  8. JeepNerd

    JeepNerd New Member

    I think anyone that WANTS to pursue teaching as much as I have (am) can continue to pick up work. That work is spread out over 3 colleges to diversify my income so that WHEN a school slows down, another hopefully picks up. One of the 3 has indicated they will be giving most (if not all) of the future work to Doctoral holding faculty members....so....

    I am in the accounting area of teaching which is also in a supply/demand crunch so I may get more work that way than others? OTOH, my brother finished his Masters in May and is teaching 3 classes locally in the MIS field, going into the second semester now. They are already eyeballing him for Program Director!

    Just as an aside, I am applying to Heriot-Watt in their DBA program, goal being to focus my dissertation towards accounting (possibly accounting education!)
     
  9. StefanM

    StefanM New Member

    Both of these situations are decidedly "non-average." In your case, your field of study makes you much more employable than a person with a standard MBA, MS in Management, etc.

    In your brother's case, the local element reigns.
     
  10. TEKMAN

    TEKMAN Semper Fi!

    If you quantify the degree price tags from Kennesaw and European's institutions might be equal as travel expenses to Europe residency is not cheap. I would estimate $2,000.00 per trip, and it is vary from one institution to another. Another option you might want to take a look at St. Thomas University in Miami's Ed.D in Management. The program looks really solid, and it seems has nothing with Educational Management, but more into corporate.

    Another program you might want to take a look is in your backyard, AKA Doctor of Public Administration (DPA) from Valdosta State University. The program is dirt cheap as comparison to others.

    To answer your original question regarding to UMUC's DM for teaching. It is sufficient enough to adjunct at colleges/universities. However, breaking into AACSB institution sounds almost impossible.
     
  11. nmesproject

    nmesproject New Member

    I heard back from Grenoble yesterday. They have given me admission to the DBA program. My proposal is accepted. I also have admission to UMUC's DM program. Now i am in a fix to decide one over the other.
     
  12. AV8R

    AV8R Active Member

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