Sunday, March 24, 2013

Should I get a bachelors? - Actuarial Outpost

When I moved to U.S., I had my credentials, a few years of relevant actuarial experience & a 2 years bachelors degree. Companies didn't bother much about my academics but rather focused more on my experience & skills.

I'm now thinking to get a 4 years bachelors degree in the U.S. as I want to pursue an MBA sometime in the near future. Although I'm pretty sure degree shouldn't be a concern for my future potential employers, but I just wanted to have one to be on the safe side.

Since I'm a full time employee & also have a kid, it wouldn't be possible for me to get a degree through a traditional (full-time) system. I've come across this accelerated bachelors in business program offered by a private university. Their schedule is not only quite flexible but it also suits me in many other ways (evening classes, once a week, course-by-course system rather than semester). Unfortunately, I'm not able to transfer much of the credits as my previous degree wasn't quite relevant. This program will allow me to get the full 4-year U.S. equivalent bachelors degree in 3.5 years.

The only concern to me is their fee. It costs around $400 per credit hour. Therefore, the entire program will cost me around $45,000. I'm wondering if it is really worth the time and money I'm going to spend. The way I'm looking at this situation is "I could save 45,000 bucks if I don't pursue this degree, which I think, is a very decent amount of money, if not incredibly large".

Thoughts?

Source: http://www.actuarialoutpost.com/actuarial_discussion_forum/showthread.php?t=257854

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