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Reply to "What's the job market like for Econ majors from a top 10 school?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous] Not true. They are doing it to toughen up their academic credentials and skills before they apply to academia. It is common to take a few years off before starting a PhD in econ. A chunk of the Americans in my program had been in RA programs and done those masters. I was in a top ten program. And I do know academics who got those Hopkins-style masters. They got another one from their highly ranked grad programs, but they got in after being RAs.[/quote] Why would they do this? Wouldn't you just have to repeat the Micro/Macro core of the first year that presumably is taught in part-time Masters programs? I wouldn't think that being an RA would be particularly helpful as prep for a PhD program. The only relevant experience is likely experiencing the drudgery of data cleaning and modest econometric exercises. The one area where undergraduates are likely underprepared for an Econ PhD program is math and I would think that pursuing these courses directly would be better prep than an Econ Masters program.[/quote] Because the undergrad Econ major isn’t sufficiently rigorous. The masters level isn’t half as advanced as the PhD one. Many of them take more math as part of the masters. I don’t know if it is still true, but Michigan State used to have a masters designed for prepping people to enter the PhD programs. Those people were very prepared.[/quote]
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