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Some of these courses still require you to have some science A-Levels.Most of these medical schools arrange open days, which are an excellent way to find out more about the course and meet current graduate medical students.
The Universities of St Andrews and Dundee are planning to offer the first graduate medicine course in Scotland, ScotGEM, starting in 2018 Does It Matter Where You Go to College The Atlantic.The Universities of St Andrews and Dundee are planning to offer the first graduate medicine course in Scotland, ScotGEM, starting in 2018.
Applicants will need to sit the GAMSAT and UKCAT Situational Judgement Test.More information is available on the St Andrews website One of the seven schools at Stanford University, Stanford GSB is one of the top business schools in the world. The school's mission is to create ideas that deepen and advance our understanding of management and with those ideas to develop innovative, principled, and insightful leaders who change the world. Stanford .More information is available on the St Andrews website.Conventional medical courses Apart from the fast track courses, you can choose an undergraduate medical course and most of these are for five years One of the seven schools at Stanford University, Stanford GSB is one of the top business schools in the world. The school's mission is to create ideas that deepen and advance our understanding of management and with those ideas to develop innovative, principled, and insightful leaders who change the world. Stanford .
Conventional medical courses Apart from the fast track courses, you can choose an undergraduate medical course and most of these are for five years.
The majority of medical schools look for three good A-Level results, including chemistry and one other science (this could be maths) should i get custom asian literature coursework ASA two hours A4 (British/European).The majority of medical schools look for three good A-Level results, including chemistry and one other science (this could be maths).Cardiff, Dundee, Manchester and Nottingham) offer a one-year pre-medical course which gives non-science graduates a way into the medicine degree course as an alternative to taking additional science A-Levels.
Medical schools vary considerably in their ethos, atmosphere and also in the structure of their course, e.
some incorporate clinical teaching in the early years.It is essential that you research courses thoroughly and check your eligibility to apply.Most medical schools are happy to respond to informed queries.Admission tests Most of the graduate medical schools use standardised tests as part of their application process and the ones you will come across are listed below.
GAMSAT The Graduate Australian Medical Admissions Test is used by St George’s, Nottingham, Swansea, Liverpool (for both 5 year and graduate programmes) and Cardiff (for its 5 year course).The Peninsula School at Plymouth University and the University of Exeter also use it for graduate admissions to their undergraduate medical course.The deadline is typically in early August with the test date around the middle of September.Online practice papers can be purchased from the GAMSAT website, where you can also download the GAMSAT information booklet.BMAT The Biomedical Admissions Test is used by Oxford and is also used for graduate admissions to the undergraduate medical courses at Cambridge, Imperial College, Lancaster, Leeds, Oxford, University College and Brighton and Sussex Medical School.Sample questions and further information can be found online.The test takes place in November and the closing date is typically at the beginning of October and the fee is around £46 (higher fees for non EU applicants).Late registrations are accepted up to the middle of October with an additional fee.
BMAT have introduced an early test in September for those who want their results before completing their UCAS university application.However, not all institutions accept this test so check the BMAT website first.UKCAT The UK Clinical Aptitude Test is used by King’s, Newcastle, Queen Mary’s, Southampton and Warwick for their fast track courses and most medical schools use it for entry to their standard five year medical degrees.The UKCAT consists of a series of aptitude tests and the cost is £65 if taken by the end of August and more thereafter (higher fees for tests taken outside the EU).You can register to take the test from May and the registration deadline is mid-September; you must have taken the test before early October.
A sample paper of the test can be found on the UKCAT website.Preparing for the tests Remember that you are under time pressure in the exams, so take this into consideration when you practise.
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Try and network with current graduate medical students and ask them for advice about preparing for admissions tests.Likewise, you may find other student’s opinions helpful on some of the medical discussion forum websites (see ‘External resources’).The UCAS website also has additional information on admissions tests Postsecondary Sourcebook for Community Colleges Technical Trade nbsp.
The UCAS website also has additional information on admissions tests.
Funding Fast-track graduate courses Those who embark on a fast track graduate course will find that there is some funding available, which is mainly why these courses are so competitive.The typical funding arrangements are as follows: in the first year students will have to pay £3,465 tuition costs and there will be a loan available for eligible students from Student Finance England to cover the difference between £3,465 and the tuition costs of the university, to a maximum charge of £9,000.From years 2-4 eligible students will receive the NHS Bursary of £3,465 per year towards tuition and again, the shortfall can be met by a loan from Student Finance England 23 Nov 2017 - Online practice papers can be purchased from the GAMSAT website, where you can also download the GAMSAT information booklet. How competitive is it to get on a medical course and how important are the admissions tests over the personal statement? Even with Graduate Medicine Support Group..From years 2-4 eligible students will receive the NHS Bursary of £3,465 per year towards tuition and again, the shortfall can be met by a loan from Student Finance England.Any (inflationary) rise in tuition may result in an increase in fees.A full maintenance loan (income assessed) is available for year 1, and a reduced rate maintenance loan for years 2-4 buy custom urban studies case study 3 days American Business.
A full maintenance loan (income assessed) is available for year 1, and a reduced rate maintenance loan for years 2-4.
See also a parliamentary briefing paper on the loans.There are also a number of allocated means-tested NHS bursaries which students can apply for once they are in year 2 of a fast track graduate course, as well as a non means tested grant of £1,000.For further details see the NHS Bursary Scheme New Rules, and the NHS Business Services Authority.The issue of funding, including eligibility and the application process, can appear complex but there is a comprehensive leaflet produced by Queen Mary, University of London. Conventional medical courses Graduate medical students on standard medical courses rarely receive any financial support and this will be one of the biggest hurdles to overcome.
In years 1-4 students pay the full tuition fees (no tuition fee loan) although a full maintenance loan (income assessed) is available.There is some help available for eligible students from year 5, and this includes tuition fees paid by the NHS, a means tested NHS bursary, a reduced rate maintenance loan and a non means tested grant of £1,000.Apart from meeting the tuition fees you will also need to meet your living costs throughout your training, and this may be a factor when deciding where to study.Additional Funding Some graduates deliberately work for a couple of years to raise some capital and, indeed, a previous employer may be able to offer holiday/part-time work during your course to supplement your living costs.Remember that working part-time during your training is easier in the pre-clinical years of a standard five-year medical course but becomes more or less impossible in the later years of the course, or during fast track courses, due to the intensity of the work.
Various trusts and charities exist to help self-financing students (see The Grants Register, and Directory of Grant Making Trusts which you can find at our Resource Centre at 56 Banbury Road) but not many give more than a few hundred pounds.However, the further along in your medical degree, the greater your chances of getting money, so keep applying to the same charities.Also search Turn2Us, for possible charitable grants, while further ideas about managing your finances can be found at Money 4 Medstudents.Some universities have small numbers of scholarship funds.The British Medical Association,has an online student finance guide which has details of bursaries, loans or trust funds available to those wishing to enter the profession.
Overall, though, you are likely to face a considerable financial burden during your training and it is worth talking to other graduates studying medicine to find out how they cope financially – they may also be able to give you advice if they have been successful in raising money.Frequently asked questions What sort of work experience should I look for? It is essential to have a realistic idea of what medicine involves and work shadowing can provide a good insight.You might like to ask a junior doctor and a GP if it would be possible to shadow them, or at least talk in-depth about the realities of the work.Try gaining some work experience in a caring role where you will be dealing with people, e.
as a care assistant in a nursing home or a healthcare assistant in a hospital.
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The latter will give you good exposure to life on a ward and the healthcare team within a hospital.You could approach the HR department directly regarding vacancies, or use websites such as NHS Professionals, NHS Jobs or Mental Health Jobs.Insight into Medicine is run by the Careers Service and provides an opportunity to spend a day with a hospital consultant in Oxford The Bachelor of Medicine and Bachelor of Surgery (MB ChB), commonly referred to as the 'medical degree', begins with the prescribed Health Sciences First Year (iii) Applicants offered a place under the Graduate category may be required to pass prescribed papers, to a standard determined by the Medical Admissions .
Insight into Medicine is run by the Careers Service and provides an opportunity to spend a day with a hospital consultant in Oxford.
The programme is especially designed for those students who are finding it difficult to arrange medical work shadowing and takes place in 9 th week in Michaelmas and Hilary Terms; see Insight Into Medicine for further details.Students have reported that it can be difficult to get a healthcare assistant post in some hospitals without prior experience 17 May 2012 - He's down to two schools: prestigious Boston College, or the University of Massachusetts at Amherst, his state's top public campus. Even with the generous financial aid package from BC, he would still graduate with a big mound of loans. UMass, meanwhile, would be more than $15,000 a year cheaper..Students have reported that it can be difficult to get a healthcare assistant post in some hospitals without prior experience.In these situations you could apply for auxiliary nursing jobs instead, or look for voluntary work, e.contact the Voluntary Service Manager at your local hospital or search a volunteering website such as Do It.
Some students have gained reception work at a GP surgery, which can also provide an insight into medical care and dealing with patients.Is there a set number of hours of work experience that I need before applying? A few medical schools do specify a particular amount of work experience, for example Warwick looks for 70 hours, but this is unusual.It is more typical that they want students who have reflected on their medical experience and articulated this in their personal statement and at interview.How competitive is it to get on a medical course and how important are the admissions tests over the personal statement? Even with the increase in numbers of courses offering medical places there is still a lot of competition.You can find out how competitive individual courses are by contacting the medical schools directly and asking them for the statistics.
The threshold that medical schools set with regard to their admissions tests can vary year on year but it is worth checking their websites as some give information about this.The Medical Schools Council has a guide on entry requirements which helps applicants identify how individual medical schools weight different aspects of the application.I need science A-levels: how can I find out about courses? Some medical schools require applicants to have some science A-Levels and students often take a gap year after graduating to acquire the relevant A-Level(s).An internet search will help you identify relevant providers such as colleges, tutors or online courses.Feedback from students suggests it is worth contacting your secondary school about the possibility of taking science A-levels through them, which can prove to be a very cost-effective option.
Answers to UCAS form queries You are allowed four choices of medical schools and you can apply to a combination of fast track and undergraduate courses.You do not have to include an examination centre for your degree, just write Oxford University as the awarding body.You apply as an individual, not through your college/university.Fee Code: if you are eligible for help with tuition fees via the NHS Bursary then the fee code will most probably be 05 i.DHSS/Regional Health (if unsure then read the UCAS online guidance notes).Personal statement: this is a crucial part of your application form so give yourself plenty of time to draft it.Use a format similar to that of a cover letter for a job, i.why you would like to become a doctor and why you would be a suitable applicant.
Within your motivations you can talk about the work experience/shadowing you’ve undertaken to confirm your career choice and expand on what you have learnt about being a doctor.When showing you would be suitable you want to not only draw on your strong academic ability (remember most courses look for a minimum 2:1 degree), but also your extra-curricular activities/ responsibilities and work experience.Think about what skills are essential in a doctor and then give evidence to show you have these, e.
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communication skills, ability to get on well with people and motivation, to name but a few.
Remember you can always bring in your draft to a Careers Adviser before sending it off and we have a file of sample copies of medical personal statements for you to look at.Give your referee enough notice before the UCAS deadline; discuss the key skills required to make a good doctor and demonstrate how you have developed these as it will help your referee to support your application and comment not just on your academic ability but also on your other relevant strengths Graduate Jobs vacancies Entry Level Guardian Jobs.Give your referee enough notice before the UCAS deadline; discuss the key skills required to make a good doctor and demonstrate how you have developed these as it will help your referee to support your application and comment not just on your academic ability but also on your other relevant strengths.
UCAS provides full explanatory notes, but if you still have a question then you can ring up their Customer Service Unit on 0371 468 0468 for advice.Our resources Graduate Medicine Support Group This is run by the Careers Service and meetings are organised termly and provide students with an opportunity to share ideas and advice about applying for medicine.Email updates are also sent out to the group Medicine as a Second Degree The Careers Service.
Email updates are also sent out to the group.
Books Graduate Entry Medicine UK 2017-2018, Dibah Jiva Medical School Interviews, Olivier Picard, George Lee Medicine Uncovered, Paul Greer Succeed in your Medical School Interviews, Dr Christopher See How to Survive in Medicine, Jenny Firth-Cozens So You Want to be a Brain Surgeon?, Chris Ward, Simon Eccles Get into Medical School – 600 UKCAT Practice Questions, Oliver Pickard, Laetitia Tighlit, David Phillips, Sammy Tighlit Getting that Medical Job, Colin J Mumford & Suvankar Pal Preparing the Perfect Medical CV, Helen Douglas, Vivek Sivarajan, Matt Green Management Essentials for Doctors, Rory Shaw, Vino Ramachandra, Nuala Lucas, Neville Robinson Medical Career Choice: A Gender Study, Luiz Roberto Millan Situational Judgement Tests for Foundation Programme Entry, S Shelmerdine, A Verma Careers Beyond Clinical Medicine, Heidi George Moawad Physicians’ Pathways to Non-Traditional Careers and Leadership Opportunities, Richard D Urman, Jesse M Ethrenfeld In addition, students have kindly donated the following books which are available for loan: Getting into Medical School – 2014 entry, Simon Horner Getting into Medical School – 2006 entry, James Burnett, Joe Rushton Get into Medical School – 600 UKCAT Practice Questions, Oliver Pickard, Laetitia Tighlit, David Phillips, Sammy Tighlit UKCAT for Dummies, Dr Chris Chopdar, Dr Neel Burton Passing the UKCAT & BMAT, Rosalie Hutton, Glenn Hutton, Felicity Taylor How to Master the BMAT, Chris Tyreman Preparing for the BMAT – the official guide to the BioMedical Admissions Tests, John Butterworth, Dr Geoff Thwaites, Richard Shewry, Dr William James Get into Medical School – 400 BMAT Practice Questions, Lydia Campbell, Olivier Picard Medical School Interviews, Olivier Picard, George Lee Medical School Interviews All You Need To Know – The Knowledge, Dr Mona Kooner Multiple Mini Interviews (MMI) for Medical School, Dawn Sellars Success in Medicine: Score Higher on the UKCAT, Brian Holmes, Mariana Parker, Katie Hunt UKCAT – Understanding Test Day (2014 ed), Kaplan Test Preparation (Course Book) Periodically we receive feedback from students applying to medical school regarding books that they have found useful, and we have included them below: A Very Short Introduction to Medical Ethics, Tony Hope Trust Me I’m a Junior Doctor, Max Pemberton The Rise and Fall of Modern Medicine, James Le Fanu Do No Harm and The House of God, Samuel Shem When Breath Becomes Air, Paul Kalanithi Podcasts of past events Medicine as a Second Degree, Trinity Term 2015 This podcast will give you the opportunity to hear the experiences of an Oxford alumni who has successfully applied for graduate medicine in the academic year 2014/15.External resources Text Size When I was 17, if you asked me how I planned on getting a job in the future, I think I would have said: Get into the right college.When I was 18, if you asked me the same question, I would have said: Get into the right classes.But when employers recently named the most important elements in hiring a recent graduate, college reputation, GPA, and courses finished at the bottom of the list.At the top, according to the Chronicle of Higher Education, were experiences outside of academics: Internships, jobs, volunteering, and extracurriculars.What Employers Want "When employers do hire from college, the evidence suggests that academic skills are not their primary concern," says Peter Cappelli, a Wharton professor and the author of a new paper on job skills."Work experience is the crucial attribute that employers want even for students who have yet to work full-time.
" Before you retreat to the comment section and scream at me for saying that school, classes, and grades don't matter, let me say: I don't think this should be interpreted as a sign that schools, classes, and grades don't matter.
Employers might not crave academic skills.But students often qualify for the "right" internships by getting good grades in relevant classes at challenging schools.In this calculation, a strong academic record buys you a strong experience record, so when an employer is evaluating your internships, he's indirectly evaluating your academic achievements, too.economy isn't a monolith: Do some industries care more about internships than others? The Chronicle has the answer: Media and communications companies are gaga for internships and uniquely indifferent toward your classes.Health care companies care the most about your major, and white-collar businesses care the most about your GPA.Ironically, education employers care the least about grades.What Employers Want: By Industry Could they really read "Harvard University" and just see "University"? Consider the larger picture.Every year, about 3 million people start their first year of college in this country.
That means that, relatively speaking, nobody goes to Harvard.Add up all the capital-E Elite schools that jostle for the top 20 national universities and colleges in US News' annual rankings, and you've reached just 1 percent of the higher-ed population.So, while it's true that some consulting firms and banks take first-years exclusively from these campuses, they are fishing in a minuscule pond.
Their elitism is diluted in a survey that spans the entire economy.When you drill down into how a college's reputation affects hiring, employers' mean rating of "regionally known" colleges and universities was practically indistinguishable from their rating for elite schools.The Effect of School Reputation Internships occupy an awkward place in our labor market and in our lives.
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Many of them are indistinguishable from jobs; but while unpaid jobs are considered immoral, unpaid internships are considered common.On a day-to-day basis, even desirable internships can resemble worthless months of servitude, where meaningless tasks interrupt long stretches of numbing boredom.
Yet, employers will eventually regard these agonizing periods of numbing boredom to be the most significant professional moments of our college career Majors leading to associate degree: Accounting Technology, Agricultural Science, Art, Art Education, Biology, Building Construction Technology, Business, Technology, Internet Services Technology, Journalism, Mathematics, Music, Music Education, Natural Resources Conservation, Office Administration/Medical, .Yet, employers will eventually regard these agonizing periods of numbing boredom to be the most significant professional moments of our college career.
Does It Matter Where You Go to College? Most Popular Text Size Years of research show that, when it comes to your future paycheck, the name on your degree really does count.He's a high school senior from a middle class family in Massachusettes who is choosing where to attend college next year Best websites to write alternative medicine paper high quality Doctoral 135 pages / 37125 words American double spaced.He's a high school senior from a middle class family in Massachusettes who is choosing where to attend college next year.He's down to two schools: prestigious Boston College, or the University of Massachusetts at Amherst, his state's top public campus Best websites to write alternative medicine paper high quality Doctoral 135 pages / 37125 words American double spaced.
He's down to two schools: prestigious Boston College, or the University of Massachusetts at Amherst, his state's top public campus.
Even with the generous financial aid package from BC, he would still graduate with a big mound of loans.UMass, meanwhile, would be more than $15,000 a year cheaper.Which should Ben pick? Prestige or price? With the cost of higher education climbing every year, and student debt surpassing $1 trillion, more and more young people will have to decide whether to make that trade-off.It begs the question: Does it really pay to go to an elite university, financially speaking?Researchers have been investigating this issue since at least the 1980s.And their findings tend to show that when it comes to future earnings, where you go to college counts.
Study 1: DO THE RANKINGS MATTER AT ALL? Yes.The more elite the school, the better its alums' paychecks.Figuring out the payoff of an elite education is a tricky task for economists because of the sheer number of variables that can come into play.A few students may pick a lower-ranked university to take advantage of a particular program -- say, a science whiz who chooses to attend the Colorado School of Mines in the hopes at landing a lucrative engineering gig in the oil industry.For academics, controlling for all these factors is a bit like trying to rid mosquitos from a swamp -- pretty close to impossible.One of the earlier such efforts was a 1999 paper in The Journal of Human Resources that looked at data on thousands students who went to college in the 1970s and 80s.The researchers grouped their subjects' schools by reputation using old college guide books, then compared their post-campus wages.
The rankings, it turned out, mattered a great deal.The more elite a school, the better its alums' paychecks.Among students who had graduated high school in 1980, those who had gone on to a top private university eventually made 20 percent more than their counterparts from bottom tier public school.For the class of 1972, the wage boost was just 9 percent.
The graph below shows data from the high school class of 1982.Again, whether public or private, a college's quality (or at least its reputation for quality) had a significant impact.The study did have a large hole: It didn't separate students who actually graduated college from the dropouts.That likely pulled down the wage averages at less renowned institutions, which tend to have lower completion rates.
But studies since have still detected a similar pattern.
In 2000, a Department of Education report found that, overall, the quality of a college decided 2-to-3 percent of earnings among men and 4-to-6 percent in women -- making it less important than how they actually performed in class.
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But in some cases, the effect was much larger.Men who went to an institution that was one standard deviation better on its quality measures saw their salaries jump 8.The report's author calculated that for males, the increase could translate to an extra $107,000 over the course of a lifetime Jump to Best websites to order an powerpoint presentation environmental - Geneva school you for all of research question description purpose of graduate college of appendix c Get an powerpoint presentation environmental issues confidentially Business AMA Custom writing 30 days.College thesis writing help .The report's author calculated that for males, the increase could translate to an extra $107,000 over the course of a lifetime.
For females, it might mean an extra $173,000.To put that in context, people who go to college make somewhere between $412,000 and $570,000 more on average than those who don't, according to various estimates.Study 2: IF YALE REJECTS ME, AM I DOOMED? Nope.
There's evidence that where you apply is more important than where you attend.In studies this decade, academics have gone out in search of naturally occurring experiments to try and figure out if it's the school that counts when it comes to earning potential, or the student.One of the best known efforts was by Stacy Berg Dale of the Andrew Mellon Foundation and Alan Kreuger of Princeton, who came to the unexpected conclusion that, in some respects, where you went to college was less important than where you applied.Using information on undergraduates from the late 1970s, the authors matched students who had been accepted and rejected by similarly selective colleges.
* In effect, they created imaginary groups of academic siblings.As expected, most of these siblings chose to attend the most selective school they got into.But a few decided to attend a less selective college.That gave the researchers a chance to see what would happen when young people who were equally talented in the classroom -- at least on paper -- picked different quality institutions.The big surprise: Selectivity didn't matter.
Academic siblings ended up making just about the same wages after college regardless of how choosy their school was.In fact, where the students applied, and their final class rank in school, were much better correlated with earnings than their school's admissions standards.If you were smart enough to get into Yale, or even take a shot at it, you were probably smart enough to earn like a Yale grad.Although tough admissions standards didn't count for much, tuition prices did.
Students who went to more expensive schools consistently outearned their peers during life after college.Dale and Kreuger theorized that spending per student may have been the explanation.While an ambitious sophomore could probably find like-minded classmates to study with anywhere, they couldn't make up for their school's resources.The authors also allowed that students at posher colleges might come from wealthier families, which could have an effect.Study 3: IF I CAN'T GET INTO A GOOD STATE SCHOOL, AM I DOOMED? Actually, yeah.
In a 2009 paper, Texas A&M professor Mark Hoekstra used a somewhat simpler experiment to try and solve the elite college question.He compared the earnings of white, male students who had barely missed the admissions cut-off for an unnamed public flagship university to those of students who had barely been accepted.Although the subjects were roughly similar in academic terms, the differences in their future earnings were profound.Enrolling at the flagship increased wages by 20 percent, a divide illustrated vividly in the chart below.
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Study 4: SHOULDN'T INDIVIDUALS MATTER MORE THAN INSTITUTIONS? They should, and they do.Exceptional students at superior schools get the biggest lift.Not all of a college's graduates will earn the same 19 Aug 2014 - When I was 19: Get good grades. But when employers recently named the most important elements in hiring a recent graduate, college reputation, GPA, and courses finished at the bottom of the list. At the top, according to the Chronicle of Higher Education, were experiences outside of academics: .Not all of a college's graduates will earn the same.
A student's grades, major, and innate talent all make a difference.Professors at the University of Texas at Dallas, University of Tulsa, and Cornell have tried to capture that dynamic in a new working paper that looks at the range of wages earned by students who went to college in Texas between 1996 and 2002 About the Program. A wholistic leadership and management development program targeted at early-career professionals who are ready to assume greater responsibilities and broader leadership roles. Technology has made the world a much smaller place, and the rate of change in the global economy is increasing at an .
Professors at the University of Texas at Dallas, University of Tulsa, and Cornell have tried to capture that dynamic in a new working paper that looks at the range of wages earned by students who went to college in Texas between 1996 and 2002.
The study looked at four sets of schools: University of Texas, Texas A&M, the rest of the state's non-flagship colleges, and its community colleges.Both Longhorns and Aggies earned more than their peers at less prestigious schools, even after controlling for other variables need to order an web design term paper Proofreading CSE Platinum.Both Longhorns and Aggies earned more than their peers at less prestigious schools, even after controlling for other variables.But the returns varied dramatically, depending on the student.The two graphs below compare the earnings curve of each flagship to Texas' other four year schools.Surprisingly, the typical A&M student does better than the typical UT-Austin student.
But exceptional students at UT-Austin beat everybody.In other words, it was much more important to be in the top 1 percent at UT Austin than at A&M.Why the difference? The authors suggest that A&M's general emphasis on engineering, a broadly lucrative major, may be giving the middle chunk of its students a leg up compared to liberal arts grads from Austin.Bonus: WHAT SCHOOL OFFERS THE BEST RETURN ON INVESTMENT? So speaking very broadly, better schools yield bigger paychecks.
But does that mean they're always worth the price? Bloomberg Businessweek has teamed up with Payscale, which collects self-reported earnings data from its users, to estimate the return on investment for more than 500 colleges.
Topping the list: MIT, with lifetime ROI of about $1.It's followed closely by fellow elite engineering school, Cal Tech.The upper ranks of the list is dominated by elite private colleges, though, on percentage basis, some of the best deals are top state colleges, such as Georgia Tech and University of Virginia.
The report's methodology might not be as exacting as the studies above, but it's a good quick guide to what an education is worth.* There are a few important caveats about this study: First, almost all of the colleges involved were fairly selective institutions by the standards of most Americans.Second, at least one critic has questioned the study's sample size.** At Austin, a student at the 97th percentile 31.6% percent more than their counterpart at at a less prestigious.
At A&M, students' returns maxed at the 99th percentile, where they made 22.8 percent more than similar non-flagship students.But between the 28th and 90th percentile, they earned a consistent premium between 17.