New York University

Discussion in 'General Distance Learning Discussions' started by bo79, Feb 12, 2004.

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  1. bo79

    bo79 New Member

    I would like to find out what people on this forum think about the NYU MS in Management and Systems by DL? Did anyone on here earn a degree from NYU BY DL?
     
  2. tcnixon

    tcnixon Active Member

    I've not earned a degree from them, but how can you not like a master's degree from a prestigious school that can be completed in two years part-time.

    Certainly not for the faint of heart and it does require a thesis, but certainly a degree of which to be proud. Plus, it certainly would look nice on a resume.



    Tom Nixon
     
  3. -kevin-

    -kevin- Resident Redneck

    Is the tuition rate $1038 per credit? ouch!
     
  4. etech

    etech New Member

    I guess bo79 has the money for it ;)
     
  5. bo79

    bo79 New Member

    Yeah I wish! If I do go to NYU for my masters I will probably have get like a $40,000CAD bank loan. The MS program is $1038USD per credit, plus I talked with the people from the admission office at NYU and they told me that on top of the tuition I should expect to spend around $5000-6000USD on books and soft-wear during the program.Also I imagine that getting into a masters program at a school like NYU is probably very hard and not very many people can pull it off.

    Yes getting a masters from NYU is not cheap. However I also believe that a university education is probably going to be one a biggest and most important investment that most of us will ever make. Just imagine all the doors that a masters from NYU would open for you. So if you get a masters from NYU and right after you get a job where you're starting salary is over $60K, is it worth it? Yes!

    Bo
     
  6. GENO

    GENO New Member

    The word for the day is: Globalization. A method of pushing wages down and lifting profits up. And there is a long line waiting at the same doors that you plan on knocking. Good Luck.
     
  7. Rant

    Rant New Member

    First off, thanks for this info. I had been unable to find any DL programs at NYU when I looked a few weeks ago. For those interested, here is a link to their School of Continuing and Professional Studies. A couple of points:

    -this isn't an NYU MBA, which comes from the prestigious Stern School of Business, but I'd think that just about any degree, particularly a Master's, from NYU would be quite prestigious.

    -the curriculum looks to be very similar to some other schools' MBA programs and would certainly be useful and look good on a transcript. In some cases, it might be viewed as a good thing that it's not an MBA as there is sometimes a stigma associated with an MBA as opposed to a different master's degree, particularly with the glut of people going back to school for MBA in the tough job market. For example, my employer turned down someone for a position partly due to their recently obtained MBA because they thought that the applicant was mainly using the position as a short-term stepping stone into a higher management position.

    -it is pricey at $43,956 for the 42 credit hours required, but is about half the cost of the Stern MBA and comparable in price to some of the other top DL MBA's (Indiana at $38k). There is a flat rate of $10,423 if you're carrying 10-12 credits per term (lowering the price per credit to $868 if carrying the full 12 credits and $37,482 total), which is very ambitious if you're also working full-time.
     
  8. decimon

    decimon Well-Known Member

    Do you know which school at NYU is offering the degree? Some have more status than others.

    "Rant" did apparently answer my question before I could post it.
     
    Last edited by a moderator: Feb 13, 2004
  9. Rant

    Rant New Member

    First off, thanks for this info. I had been unable to find any DL programs at NYU when I looked a few weeks ago. For those interested, here is a link to their School of Continuing and Professional Studies. A couple of points:

    -this isn't an NYU MBA, which comes from the prestigious Stern School of Business, but I'd think that just about any degree, particularly a Master's, from NYU would be quite prestigious.

    -the curriculum looks to be very similar to some other schools' MBA programs and would certainly be useful and look good on a transcript. In some cases, it might be viewed as a good thing that it's not an MBA as there is sometimes a stigma associated with an MBA as opposed to a different master's degree, particularly with the glut of people going back to school for MBA in the tough job market. For example, my employer turned down someone for a position partly due to their recently obtained MBA because they thought that the applicant was mainly using the position as a short-term stepping stone into a higher management position.

    -it is pricey at $43,956 for the 42 credit hours required, but is about half the cost of the Stern MBA and comparable in price to some of the other top DL MBA's (Indiana at $38k). There is a flat rate of $10,423 if you're carrying 10-12 credits per term (lowering the price per credit to $868 if carrying the full 12 credits and $37,482 total), which is very ambitious if you're also working full-time.
     
  10. Rant

    Rant New Member

    Didn't mean to double post, didn't think the first try went through.

    Meant to also add that this degree looks to be a cross between MBA and an MS CS or MS MIS as there are definitely components of Info Systems, particularly in some of the concentrations. This one really intrigues me as my background is in IS but I've been looking at an MBA program to increase my options down the road. This NYU MSMS is an interesting combination of the business side and IS side that might also help me in my short-term goals. Now to justify the cost to myself as the MBA programs in the $30k range were already stretching things.
     
  11. -kevin-

    -kevin- Resident Redneck

    You may want to look at Harvard's option:

    http://www.extension.harvard.edu/almit/

    I haven't computed the final costs but it is per course and may be more cost effective. I believe Harvard is as prestigious as NYU.


    As for best bang for the buck. There is a glut of IT folks in the market. An MBA with an IT or IS concentration may have more utility.

    There are also many MS/M-IS or MIS programs that are cheaper and well received. I am assuming of course that you may not locate into the immediate area of NYU to work.

    But if you can afford a top flight school hats off go for it.

    But take a look at MIT, RIT, Pace University and some others in the northern region. There appears to be some solid programs in this same price range.

    Keep us posted and good luck.
     
  12. Bruce

    Bruce Moderator

    You might say that. :D
     
  13. Rant

    Rant New Member

    Fed, thanks for the info. The Harvard program that you linked to is definitely a CS-type degree, very little business aspects included. And I'd ranked Harvard's prestige ahead of NYU, but the dgree name (Master's of Liberal Arts in Information Technology) doesn't have much catchier to it. I'm definitely interested to hear from other's that may have looked at NYU's MSMS in the past as it looks like it's been around for a few years.
     
  14. agilham

    agilham New Member

    It's not as pricey as the Stern executive MBA, which at $105,000 is one of the most expensive in the world, but it is comparable in price to the Stern Langone part-time MBA. Assuming 12 credits a year, that works out at about 45K http://www.stern.nyu.edu/mba/finaid/cost.html

    More info about the Langone Program is at http://www.stern.nyu.edu/Langone/

    Angela
     
  15. -kevin-

    -kevin- Resident Redneck

    While prestige is nice, for us average folks, utility (as Rich points out) is probably more realistic for evaluation. I think the rankings by US News and others would be the guide I would use if I were intent upon dollar value.

    A friend of mine always used the beer and pizza rule. As in: how much beer and pizza is he going to have to give up for his education, car, or other expense. He sure drove a lot of wrecks, but he did graduate from UW-Madison. Which I believe is a consistent performer in rankings.
     
  16. Rant

    Rant New Member

    Fed, I agree with you 100% on the prestige vs. utility idea. With that in mind, if you go by the US News rankings, on average, the higher a school's ranking, the higher average starting salary. Of course there are exceptions, and this average ROI decreases the higher you get up the rankings, but once you find a sweet spot it's almost a wash when comparing the ROI.

    For example, and this is by no means a thorough comparison, but an NYU MBA is going to cost more than $100k in tuition, while the average starting salary for the 2000 class (last rankings I can find online right now) was $82k. Compare that to Indiana, one of the cheaper top tier schools with an MBA program tuition of less than $40k, the average starting salary is $79k. At the top of the list is Penn, where the tuition is again over $100k and average starting salary of $92k. Move down the list to the 2nd tier, and you'll find Florida with a tuition of less than $30k and an average starting salary of $64k. Again, this is by no means a thorough comparison since many more variables come into play, and starting salary is a pretty poor indicator on the success of graduates, but it does give a brief comparison that in some cases you do get more for your money even when tuition increases.

    And to get back on topic, unfortunately I've not found any starting salary comparisons for non-MBA graduate degrees such as the NYU MSMS that we're talking about.
     
  17. -kevin-

    -kevin- Resident Redneck

    Just to add before getting back on topic. Take the starting salaries, go to www.salary.com and compare the actual dollar value by location.

    Back on topic: by profession:

    http://content.salary.monster.com/

    Good Luck

    Rant,

    Thanks for the research.
     
  18. bo79

    bo79 New Member








    I did look into Harvard Extension about a year ago, however I was kind of disappointed. About 50% of the course that are required for the masters have to be taken in class. So you would probably need to spend about a year in Cambridge.
     
  19. Bruce

    Bruce Moderator

    The day may never come when you can earn a Harvard Extension degree without visiting Cambridge, but it does seem like the amount of residential time is lessened each year by offering more & more DL courses.
     
  20. mcjon77

    mcjon77 Member

    While prestige is great, I would think that what is more important is a curriculum that is in line with one's goals and capabilities. The Harvard program that can be completed mostly online, the ALM in IT with a software engineering concentration, is focused heavily on the programming side of IT. It is meant for people who already are programmers and are seeking to expand their skill. There are no management courses that count toward the degree and very few courses that do not envolve programming.

    The reason I bring this up is that I met several people who wanted to do the Harvard program, but were really looking for a program closer to NYU's MSMS, a program with less of a technical and more of a managerial focus. Most of them were disappointed. I remember one person complaining about all of the programming required, someone else then said "Well, what do you expect? The degree is in software engineering."

    I am actually interested in the NYU MSMS program. I may consider it after I finish the program I am in now. I am building a really strong technical expertise, however I've gained no management and business knowledge. The NYU MSMS might be a great second master's degree. Especially since I am a little turned off by the MBA offerings (nothing wrong with them, they're just not my thing).

    Jon
     

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