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• Thread: 71 Goods vs 39 No Goods

1. Economist
   5e33
   

   How much it costs is hard to say because there is financial aid. The idea isn't just to enter the PhD program at Chicago. Among other things, MAPPS gives you a chance to work with Chicago faculty who can write rec letters for you. MAPPS is for social sciences, not just econ. There's a lot of flexibility in what courses you can take. If you think becoming a programmer is a great idea, talk to recent graduates being laid off at Facebook, etc.

   Right, getting laid off from Facebook as a software engineer means that the next stop is living under a bridge...

   These recent grads will resurface at elite tech companies, banks, hedge funds within a few months. Their skillset is extremely valuable in the job market. It's better to be laid off at 23 as a new hire, where it was clear it wasn't a performance issue, than at 43 with 5+ years of tenure at FB.

   1 month ago # QUOTE 1 Volod 2 Vlad !

2. Economist
   4aca
   

   This BS thread is paused until someone can post:
   1. The amount of tuition discount/funding MAPPS students get.
   2. The advanced coursework MAPPS students are allowed to take.
   3. The conversion(to PhD, at Chicago and elsewhere) rates for previous batches of students.
   GTFO

   "Discount" thats exactly how id describe it. Its a product.

   1 month ago # QUOTE 0 Volod 0 Vlad !

3. Economist
   9626
   

   Honestly, that’s neither true nor false. MAPPS has concentrations - it’s not a generic social science masters program. Do you need well-known scholars teaching you? Not necessarily but it can help, depending on what you want to do.

   1 month ago # QUOTE 0 Volod 0 Vlad !

4. Economist
   9626
   

   No, the next step is getting into a masters program where you can do what you for a couple of years until the software market recovers.

   Right, getting laid off from Facebook as a software engineer means that the next stop is living under a bridge...

   1 month ago # QUOTE 0 Volod 0 Vlad !

5. Economist
   9626
   

   ^do what you want

   1 month ago # QUOTE 0 Volod 0 Vlad !

6. Economist
   f459
   

   How much it costs is hard to say because there is financial aid. The idea isn't just to enter the PhD program at Chicago. Among other things, MAPPS gives you a chance to work with Chicago faculty who can write rec letters for you. MAPPS is for social sciences, not just econ. There's a lot of flexibility in what courses you can take. If you think becoming a programmer is a great idea, talk to recent graduates being laid off at Facebook, etc.

   All of the econ professors at Chicago actively avoid working with the MAPSS students
   - Chicago bro

   1 month ago # QUOTE 0 Volod 0 Vlad !

7. Economist
   62e9
   

   It is obvious that the program is a cash cow for the school. If you are not good enough to get some PhD offers, even LRM ones, then the master's will not do anything for you. Expect to pay full price for a bunch of useless classes and don't expect good letters from faculty.

   1 month ago # QUOTE 0 Volod 0 Vlad !

8. Economist
   62e9
   

   It is obvious that the program is a cash cow for the school. If you are not good enough to get some PhD offers, even LRM ones, then the master's will not do anything for you. Expect to pay full price for a bunch of useless classes and don't expect good letters from faculty.

   Actually, the same could be said of a lot of LSE master's. The EME still has some value because the coursework is PhD level, but it is also very expensive and most of the time unnecessary. Only do a master's in the UK if it is part of your undergrad (the "honors" track in the UK) or an explicit continuation of it (as in Germany where they split the old Diplom into BA + MA).

   1 month ago # QUOTE 1 Volod 0 Vlad !

9. Economist
   4645
   

   It is obvious that the program is a cash cow for the school. If you are not good enough to get some PhD offers, even LRM ones, then the master's will not do anything for you. Expect to pay full price for a bunch of useless classes and don't expect good letters from faculty.

   Agreed. Don't waste your time with econ. It's totally useless. Do CS or at least something in STEM.

   1 month ago # QUOTE 1 Volod 0 Vlad !

10. Economist
    bd2c
    

    Did you even earn a PhD? Opportunity cost. Is the bump worth what you could have done with the year and 80k you sunk in the program? Sloppy thinking.

    Even if you don't get into a top PhD, you still have a masters from U. Chicago which is long term valuable in the job market. Promotions, mid-career jobs.
    

    Opportunity cost vanishes as a concept for economists when one is making decisions that may affect where one does a holy Economics PhD.

    1 month ago # QUOTE 2 Volod 0 Vlad !

11. Economist
    06ef
    

    Actively avoid working with ...? What are you talking about? They're not coauthoring a paper with you. You take their classes and, if you do well, ask for a letter - same as what a paying undergraduate would do. The typical professor can be expected to write one for you if you've been in their classes and they know who you are.

    1 month ago # QUOTE 0 Volod 0 Vlad !

12. Economist
    06ef
    

    "Don't waste your time with econ. It's totally useless. Do CS or at least something in STEM."

    If you had a nontechnical social science background from undergrad, MAPPS is where you can turn that around. I know a MAPPS student who did that. Whether that's the best approach depends on the student and what s/he hopes to accomplish. I

    1 month ago # QUOTE 1 Volod 0 Vlad !

13. Economist
    62e9
    

    Actively avoid working with ...? What are you talking about? They're not coauthoring a paper with you. You take their classes and, if you do well, ask for a letter - same as what a paying undergraduate would do. The typical professor can be expected to write one for you if you've been in their classes and they know who you are.

    This kind of generic letters stating “did well in my class, got an A” will not get you very far, certainly not into Chicago’s own program.

    1 month ago # QUOTE 0 Volod 0 Vlad !

14. Economist
    62e9
    

    Actively avoid working with ...? What are you talking about? They're not coauthoring a paper with you. You take their classes and, if you do well, ask for a letter - same as what a paying undergraduate would do. The typical professor can be expected to write one for you if you've been in their classes and they know who you are.

    This kind of generic letters stating “did well in my class, got an A” will not get you very far, certainly not into Chicago’s own program.

    Besides, I don’t think you can take PhD coursework, and even if you could I doubt a master’s student who did not get into a comparable program would outperform Chicago’s own PhD candidates.

    1 month ago # QUOTE 0 Volod 1 Vlad !

15. Economist
    1685
    

    So you’d actually have to do something remarkable - like outperforming some of their PhD students or impressing them during office hours - to get a very good letter from them. Life is cruel.

    1 month ago # QUOTE 0 Volod 0 Vlad !

16. Economist
    1685
    

    “…certainly not into Chicago’s own program.”

    As if that’s what everyone applying to graduate school wants?

    1 month ago # QUOTE 0 Volod 0 Vlad !

17. Economist
    a036
    

    "Don't waste your time with econ. It's totally useless. Do CS or at least something in STEM."
    If you had a nontechnical social science background from undergrad, MAPPS is where you can turn that around. I know a MAPPS student who did that. Whether that's the best approach depends on the student and what s/he hopes to accomplish. I

    I think this is a smart idea. Tailor an econ masters to a data science masters. EDA class with Python. Math for machine learning. Data structures and algorithms. A databases class with SQL. Learn the cloud, get an associate-level AWS certification.

    1 month ago # QUOTE 0 Volod 0 Vlad !

18. Economist
    a2fc
    

    I feel like Harris School MPP would be better - take more than the min quant courses, could get a job or apply to PhD programs

    1 month ago # QUOTE 0 Volod 0 Vlad !

19. Economist
    1685
    

    Why Harris School? MAPPS lets you do whatever you want, up to reasonable limits.

    1 month ago # QUOTE 0 Volod 0 Vlad !

20. Economist
    7bf4
    

    MAPPS is a waste of money. Chicago profs don't pay attention to their PhD students, so why do you think they would pay attention to you? Lower ranked masters are better honestly.

    1 month ago # QUOTE 0 Volod 0 Vlad !

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