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I like the way the UK/Canada do it. Why can't the US? You need 75 points. 1) An advanced degree gets you 35. A PhD 50 and an MBA 75 (debatable, but good) 2)
by aditya 17y ago
I like the way the UK/Canada do it. Why can't the US?
You need 75 points.
1) An advanced degree gets you 35. A PhD 50 and an MBA 75 (debatable, but good)
2) Gross salary over the last year gets you another 30 points (so if you made above $70k/yr)
3) Age gets you another 20 (below 28)
4) Work experience in the UK and English language qualifications get you another 10 points
Sure, this may not work for the people straight out of school (you do need 1 year of earnings and any decent dev with a Master's should be able to pull 75k) - but a couple of years of real world experience after school is probably a good thing, right?
Why does the US tie you to an employer? Probably because the H1-B program was a way to bring (relatively cheaper) labor into the US.
- nearestneighbor 17y agoLet me guess, you are a UK native MBA holder under 28? Not for nothing, but valuing an MBA higher than, say, a math Ph.D. is a bit insulting to some. MBAs are just taking jobs from other MBAs, really. Edit: braino
- geebee 17y agoI agree that it's offensive, but it's also honest. If companies are going to pay MBAs more than they pay PhDs, then they should lose their right to claim that there's a "shortage" of PhD's!
- nearestneighbor 17y agoIn my opinion, MBAs are a commodity almost. PhDs may well be unique and irreplaceable (although not all). Note that Google founders were in a PhD track, not MBA.
- geebee 17y agoYer preachin' to the choir dude. But if you look at the starting salaries for MBAs, JDs, and Math PhD's (from top programs), the market signal clearly suggests that lawyers and MBAs are more valuable than PhDs. Personally, I suspect this reflects cartel building and market coercion (lawyers), as well as the reality that finance people can earn large salaries without actually producing any wealth. So personally, I do think that math/sci/engineering folks are often far more valuable than the MBA/JD folks, but I can't get behind any "shortage" argument until their pay reflects this.