Forbes magazine has an article about the lack of mathematically trained US workers. Most of the article is about outsourcing, but the issue of starting salaries came up:<\/p>\n
A person fresh from graduate school with a Ph.D. in operations research can make $90,000 at SAS Institute–far less than the $150,000-plus salaries top MBAs can command. “Yes, fine, we need to pay more,” Steve Odland, CEO of Office Depot admitted.<\/p><\/blockquote>\n
Well, kinda… First, a fresh MBA rarely makes $150,000: the average Tepper MBA graduate is closer to $90,000. Second, the lifestyle of those who make the high amounts in terms of stress, travel, and so on is pretty rotten, at least by my standards. Finally, there are lots of fresh Ph.D.s in OR making more than $90,000, often teaching those same MBAs!<\/p>\n
Not to say that Ph.D.s should make lots of money (I am one of them myself!), but that doesn’t seem the most dire aspect: it is really the lack of supply of interesting jobs that allow the true use of an OR Ph.D.<\/p>\n","protected":false},"excerpt":{"rendered":"
Forbes magazine has an article about the lack of mathematically trained US workers. Most of the article is about outsourcing, but the issue of starting salaries came up: A person fresh from graduate school with a Ph.D. in operations research can make $90,000 at SAS Institute–far less than the $150,000-plus salaries top MBAs can command. … Continue reading “PhD salaries”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[31],"tags":[],"class_list":["post-50","post","type-post","status-publish","format-standard","hentry","category-jobs-in-or"],"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/mat.tepper.cmu.edu\/blog\/index.php\/wp-json\/wp\/v2\/posts\/50","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mat.tepper.cmu.edu\/blog\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mat.tepper.cmu.edu\/blog\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mat.tepper.cmu.edu\/blog\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mat.tepper.cmu.edu\/blog\/index.php\/wp-json\/wp\/v2\/comments?post=50"}],"version-history":[{"count":0,"href":"https:\/\/mat.tepper.cmu.edu\/blog\/index.php\/wp-json\/wp\/v2\/posts\/50\/revisions"}],"wp:attachment":[{"href":"https:\/\/mat.tepper.cmu.edu\/blog\/index.php\/wp-json\/wp\/v2\/media?parent=50"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mat.tepper.cmu.edu\/blog\/index.php\/wp-json\/wp\/v2\/categories?post=50"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mat.tepper.cmu.edu\/blog\/index.php\/wp-json\/wp\/v2\/tags?post=50"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}