[原创]与老板吃饭，席间闲聊我的未来及念MBA之前的感想

dtiger

今天与老板出去吃饭，由於已经跟公司说了读MBA的事情了，所以这周是最后一周。跟他谈起了华尔街的情况，毕竟是老江湖了，他分析了一下我的情况，就象买
了个蓝筹股，有优势也有劣势，优势是不管经济好坏，一个Top7的MBA还是不会让我饿着的，劣势是MBA是培养Generalist的，在职业竞争中未
必有优势，尤其是由於语言文化的劣势，工作基本上是与数量分析有关(他自己是Princeton的物理本科和PhD,念了一半PhD转去NYU搞
Finance了)，这些确实是我擅长的，但有多大机会挑战PhD还未可知，看机会吧 -- 
俺也是念了一半PhD后quit的了，虽然Qualify Exam也都过了。

    

然后我们聊起了我以后打算海归的事，他的意见是海归的好时机已经过去，这点我比较同意，但我认为是现在要求高了(也就是不象以前一个海外学位就牛的时代
了)，而且机会永远是有的。所以我觉得念完MBA可能在美国再做上2-3年，积累一些技术工作以外的经验。另外，也在学习中看看一些我要补充的知识，转换
一下思路，也许这对我今后的发展更有利(以前只想着把活做得好就行了，没有考虑过产品的市场前景与机会，总觉得上头没事尽弄些花哨的东西)。来美国快7年
了，当不再为生计，身份担心之后，就对职业发展有了新的想法。所以，我觉得我念MBA不是去chase dream,而是career
advance的需要。就象是现在是买了个Call
Option，虽然Premium还是挺高的。至於以后是否比作6位数薪水的工程师混的更好，我无法断定，但我想我天性里那种不安分的心必然会驱使我作出
现在的选择。自认为自己还是很有深谋远虑，敢於接受挑战与风险的人。所以即使是作Quantative
Finance也不会闷头呆在后面作Research，因为那不是我希望的career life...

    

写的没什么头绪，只是简单谈谈想法，或许对一些朋友有用，欢迎大家互相交流一下念MBA之前的感想。

mohamoha

祝贺！楼主去哪所啦？芝加哥、哥伦比亚还是NYU？

这是一个典型的项目更新决策（项目是muturally exclusive的），NPVm＝-mba费用的现值+mba毕业后未来税后收益的现值，NPVe＝继续工程师的未来税后收益的现值，Kd＝MBA学费的贷款利率，assume9％？

kidding

dtiger

:-) Thanks for reply! Chicago.
The interest rate for Federal Stafford Loan is 6.8% (private loan will be much higher) and interest will be deductible along the way, but I will take some of my own money to pay the tuition, and try to delay the loan as much as possible, so the accumulated interests will be lower (I will build an EXCEL spreadsheet to analyze the cash inflow and outflow, but always keep some cushion fund in hands, also keep the equity investment lower and more on fixed income thing -- dare not bet on stock market for tuition).

Hope my next step job after MBA is also above 100K, but I am open to a lower starting compensation package as well (that may happen, either due to ecomony, or since I change the job function, although not the industry)... God Bless Me, and other friends as well... :-)

水颜色

佩服

mohamoha

以下是引用dtiger在2006-5-31 4:01:00的发言：
:-) Thanks for reply! Chicago.
The interest rate for Federal Stafford Loan is 6.8% (private loan will be much higher) and interest will be deductible along the way, but I will take some of my own money to pay the tuition, and try to delay the loan as much as possible, so the accumulated interests will be lower (I will build an EXCEL spreadsheet to analyze the cash inflow and outflow, but always keep some cushion fund in hands, also keep the equity investment lower and more on fixed income thing -- dare not bet on stock market for tuition).

Hope my next step job after MBA is also above 100K, but I am open to a lower starting compensation package as well (that may happen, either due to ecomony, or since I change the job function, although not the industry)... God Bless Me, and other friends as well... :-)

Thank you for your sharing!

However, when using equity financing, we should still consider the cost of equity. In your case, the discount rate might be the required rate of equity. Tax deduction is an angle, can we chinese make use of it (of coz after registering some program)?

God bless you and enjoy the journy!

dtiger

You bet... :-) Actually, in my case, I will use both debt and equity, so WACC is considered.

As far as I know, student loan interest is tax-deductible (You can check on the IRS Form 1040 for permanent residents and citizens -- at least I used this form and saw the rule before). Also if you pay out of your pocket some tuitions, it is also deductible, but has some income limitations on that. For international students, the tax law may be different, but if you work in US for a while, you will be able to use that even if you are not PR or Citizen yet (I remember it is 5 years in states).

beechanooi

dtiger, I agree that the student loan interest and tuitions are tax-deductilbe. But since you probably will be out of work, there's no income tax for you to deduct.

However, if you have 401K or IRA, I have a good news for you. You can transfer your 401K to IRA account, both of them are pre-tax. Then you can transfer your $ from IRA to Roth IRA, which is taxable. The trick is since you will not have any income in next two years, you can avoid the tax you should pay when transfer $ from normal IRA to Roth IRA. i.e. if you have $60K in 401K, you can plan to have it transfer to IRA and then Roth IRA, then you will have that $60K TAX-FREE!

You probably cannot use the Roth IRA for consumption needs, but you can use it for down payment for your next home!

hlin4

Why don't you condier part-MBA in Chicago? Of course, I appreciate your courage to be full time by quit 100K job. Since I'm in the similar case as you, coming to U.S more than 7 years, with Green Card, more than 100K job, what I'm chosing is going for part time MBA in NYU.

sfish

opportunity cost is quite high for your guys

beechanooi

舍不得孩子套不着狼...