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does anyone here know someone who got an MLOG degree?

Posted on 7/7/11 at 4:36 pm
Posted by Dapper Prince
Elysian Fields
Member since Aug 2010
135 posts
Posted on 7/7/11 at 4:36 pm
Just to recap, I'm interested in getting into a career where I can do some quantitative analysis and statistical programming, and I am generally attracted to numbers and finance and computational finance programs/jobs.

But I also realize that stuff is hard to crack into, and I'm also thinking of just trying to do some of the same stuff with a non-finance route, since I'm pretty dumb and ignorant when it comes to accounting and sophisticated finance stuff. Really, bruh, y'all hurt my head sometimes on here.

So I gather that MIT has got the gold standard for master's in "supply chain management" & logistics programs or something, and with my GMAT score I'm hoping to get into a program that isn't far away in respectability. MIT's MLOG program is only for 9 months, and some of there employers are these,,

[/quote]SCM 2011 Graduates are currently working for:

•Amazon
•Apple Inc.
•Campbell's
•Coyote Logistics
•Cummins (3)
•Deloitte
•FedEx
•General Electric
•James Hardie
•Kiva Systems
•Kenco Logistics
•McKinsey (3)
•PRTM (3)
•Schlumberger
•Starbucks
•The Boston Consulting Group
•ToolsGroup
•Unilever[/quote]

does this seem like a good/comfortable career route? anybody have any stories to share about person's who have done it, or maybe who just work in the field?
Posted by Dapper Prince
Elysian Fields
Member since Aug 2010
135 posts
Posted on 7/11/11 at 9:46 am to
bump
Posted by jpbTiger
Tampa FL
Member since Dec 2007
4965 posts
Posted on 7/11/11 at 10:19 am to
From a layman's perspective, I'd have to guess that a Master's in anything from MIT is probably a good deal, particularly in something that makes you marketable like logistics.... If MIT (or a similarly respected institution) doesn't work out, you've got to do the cost benefit analysis on whether or not to take a job immediately upon graduation (if any are available), or continue your education with the expectation that the added expenses will, in the long term, be worth it.... Either way, there are worse problems to have, so good luck!
Posted by Dapper Prince
Elysian Fields
Member since Aug 2010
135 posts
Posted on 7/11/11 at 11:03 am to
thanks for the kind words bro!




i don't think i've got a good enough resume to get into mit btw,, but i definitely do have the gmat scores to get in there. i'm just trying to figure out what i'm gonna do come next may. just trying to figure out a plan now so i won't be sweating it out next spring haha..
Posted by jpbTiger
Tampa FL
Member since Dec 2007
4965 posts
Posted on 7/11/11 at 11:27 am to
Fair enough man, at least you're thinking ahead! Best of luck.
Posted by lsu711
Member since Sep 2003
13004 posts
Posted on 7/11/11 at 11:41 am to
Is this MIT LGO or something different?
Posted by Dapper Prince
Elysian Fields
Member since Aug 2010
135 posts
Posted on 7/12/11 at 9:42 am to
no, i think that's a joint MBA/MSE program, for "leaders of global operations" to combine an MBA with an engineering degree LINK

the MLOG/ZLOG program got a name change, apparently,, so now it's known as the SCM program LINK

here's what the brochure says,,

Our students are heavily recruited by leading companies as diverse as Amazon,
Apple, Bain, McKinsey, Pepsi, Pfizer, Staples, and Starbucks – not to mention
numerous entrepreneurial startups. And more than 90% are hired by graduation.

U.S. News & World Report consistently ranks MIT first among all graduate business
programs in the area of logistics and supply chain management. You will gain
cutting-edge supply chain knowledge from the very best in the field.

Our intensive Master’s program lasts just nine months as opposed to the standard
two-year MBA program. Not only will you pay dramatically less in total tuition, but
you will also sacrifice less than one year of income and career progression.

LINK



i haven't gotten to researching other business logistics programs yet, but i was just wondering if there were some schools i could shoot for that were a little lower than mit, but at the same time good enough to be worth doing
Posted by lsu711
Member since Sep 2003
13004 posts
Posted on 7/12/11 at 1:08 pm to
OK I know the MBA/LGO is very competitive. How did you do on the GMAT? The best course would be to work for 2-3 years, then go to the best MBA program you can get into and focus in supply chain.
Posted by Dapper Prince
Elysian Fields
Member since Aug 2010
135 posts
Posted on 7/13/11 at 10:40 am to
well i got high enough to be above the median for any b-school out there.

right now i'm thinking that i would like to go out and get some work experience as soon as i can, starting next summer. i'm just looking ahead and what other opportunities might be out there.

i'm really not as interested in an mba as getting a master's in comp-fin or logistics or something more distinctly quantitative, but i guess you never know where life takes you.

do you really think it would be better career-wise to get an mba rather than a master's in logistics or computational finance? you guys probably know this stuff better than i do, but it just seems like it would be better for lifetime earning $$$ to have a more specialized degree.
Posted by lsu711
Member since Sep 2003
13004 posts
Posted on 7/13/11 at 5:25 pm to
Well the average at Stanford is a 728. A 730 GMAT is 96th percentile. About 250,000 take the test each year. So 10,000 score above a 730, but there are only 4,400 spots in elite b-schools. It takes a lot more than a test score.

I may be way off, but I think most motivated, successful people covet a managerial role at some point in their career. That move will be much easier with an MBA. The quant guy usually remains the quant guy. Granted, that is sometimes by choice. All that said, if you need to make this call at the age of 22, I'd definitely favor the broad degree over the niche degree.

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