Funded PhD at UC Riverside or unfunded masters at Brown University

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SUMMARY

The discussion centers on the decision between a funded PhD program in physics at UC Riverside and an unfunded ScM program at Brown University. Participants unanimously recommend choosing the funded program at UC Riverside due to financial security and the importance of securing a good thesis advisor. They emphasize that the prestige of Brown does not justify the significant financial burden of approximately $140,000. Overall, the consensus is that a funded PhD offers better long-term career prospects compared to an unfunded master's degree.

PREREQUISITES
  • Understanding of graduate program structures, specifically PhD and master's degrees.
  • Knowledge of funding options in academia, including fellowships and assistantships.
  • Familiarity with the importance of thesis advisors in graduate studies.
  • Awareness of university rankings and their impact on career opportunities.
NEXT STEPS
  • Research funding opportunities for graduate programs, including departmental fellowships and teaching assistantships.
  • Explore the role of thesis advisors in graduate education and how to build relationships with potential advisors.
  • Investigate the impact of university prestige on career outcomes in the field of physics.
  • Learn about the application process for PhD programs, particularly at institutions like Brown University.
USEFUL FOR

Prospective graduate students in physics, academic advisors, and anyone evaluating the financial implications of graduate education choices.

fysix
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Hi All,

I've been accepted to UC Riverside's PhD program in physics and Brown University's ScM program in physics for Fall 2014. UCR is funded and Brown offers no financial support with a tuition of ~$46,000. So its a risk of possibly paying ~140,000 with tuition/living expenses/etc…, but I will be supported by my parents though. I have the option to apply for the PhD program at Brown during my first year, and if accepted my second year will be covered, but this is not guaranteed. I want to get a PhD but I'm not 100% sure what I want to do after I get it. I think Brown would look nice on an application compared to UCR, if I go into something other than physics. Also, for industry, which holds more weight, masters from Brown or PhD from UCR. Any advice/information would be appreciated. Thanks in advance!
 
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I have asked the mentors to move this to academic guidance section
where it is much better suited

cheers
Dave
 
If you want to buy prestige with your parents' money, why not Brown.
 
What are your career goals?

If you're looking for a life path with a lot of options, having low debt gives you a heck of a lot more degrees of freedom.

My $0.02: the UC system is highly regarded. Maybe I'm biased because I'm on the west coast, but no one I know would discount any degree from UC.
 
If your parents can afford to pay that I imagine your parents and your own social network is strong in the type of people who would take prestige to heart. It will also very likely put you in a better position if/when you apply to a PhD program.

Being able to make this choice are part of the self perpetuating advantages of coming from a higher income bracket family. There is no point in putting yourself at a disadvantage.
 
DO NOT go to a graduate program that will not pay you. You will be the bottom of the barrel there, with little chance of getting a good thesis adviser. Your future career depends more on your thesis adviser than on the school.
 
fysix said:
Hi All,

I've been accepted to UC Riverside's PhD program in physics and Brown University's ScM program in physics for Fall 2014. UCR is funded and Brown offers no financial support with a tuition of ~$46,000. So its a risk of possibly paying ~140,000 with tuition/living expenses/etc…, but I will be supported by my parents though. I have the option to apply for the PhD program at Brown during my first year, and if accepted my second year will be covered, but this is not guaranteed. I want to get a PhD but I'm not 100% sure what I want to do after I get it. I think Brown would look nice on an application compared to UCR, if I go into something other than physics. Also, for industry, which holds more weight, masters from Brown or PhD from UCR. Any advice/information would be appreciated. Thanks in advance!

To me this is a "no-brainer". If you look up the US News and World Report rankings of these schools, Brown is #29, and UCR is #54. This might seem like a big difference, but they are both "in the middle", and they really aren't that far apart. Definitely I would take the program that offered you the guaranteed support. As LisaB said, the UC system is highly regarded, and Brown is really not held in high esteem in Physics. In fact, when I lived in California, I had never even heard of Brown. If it were Harvard, Caltech, MIT, etc., then you might have some thinking to do, but Brown just isn't enough better than UCR to warrant turning down the money. My $0.02.
 
Meir Achuz said:
DO NOT go to a graduate program that will not pay you. You will be the bottom of the barrel there, with little chance of getting a good thesis adviser. Your future career depends more on your thesis adviser than on the school.

In my experience grad advisors were never allocated in any order based on grad admissions but rather the result of relationships you build with your potential advisor.
 
jesse73 said:
In my experience grad advisors were never allocated in any order based on grad admissions but rather the result of relationships you build with your potential advisor.

In my experience advisors fought over the students with their own funding (external fellowships), engaged with funded students (1st year departmental fellowships or TA-ships) and didn't give the time of day to students without funding. This was because a) they would have to cough up the tuition & fees if they offer an RA to an unfunded student and b) an unfunded student is much more likely to bail which would waste the professor's investment in the student.
 
  • #10
You should be basing your decision on what specialty you want to go into, and what work is being done on the specialty at the particular university. If you are only thinking about which one is more famous, then you aren't ready to make your decision. (then again, go with the money!)

Of course a Ph.D. is more prestigious than a masters, regardless of university (unless you bought the Ph.D. from some online diploma mill), but then, it's a lot more work and comes with an opportunity cost.
 
  • #11
Khashishi said:
You should be basing your decision on what specialty you want to go into, and what work is being done on the specialty at the particular university. If you are only thinking about which one is more famous, then you aren't ready to make your decision. (then again, go with the money!)

Of course a Ph.D. is more prestigious than a masters, regardless of university (unless you bought the Ph.D. from some online diploma mill), but then, it's a lot more work and comes with an opportunity cost.

Not necessarily. I would expect more from a candidate with an MS from Stanford than a Ph.D. from the University of Phoenix.
 
  • #12
This is indeed a no-brainer to me. Brown is not even that prestigious for physics, certainly not $140,000 (!) more so than UCR. Being offered an UNFUNDED masters rather than a funded PhD track spot means that you were not very competitive among others admitted in your cohort. I think this will put you at a significant disadvantage in finding an adviser.
 
  • #13
analogdesign said:
In my experience advisors fought over the students with their own funding (external fellowships), engaged with funded students (1st year departmental fellowships or TA-ships) and didn't give the time of day to students without funding. This was because a) they would have to cough up the tuition & fees if they offer an RA to an unfunded student and b) an unfunded student is much more likely to bail which would waste the professor's investment in the student.

It would require the department to have some organized advisor/advisee matching syste. Most of the time you have to initiate contact with the professor and develop a relationship from there rather than a professor spamming for students where the professor doesn't tell you to leave his office until he looks over your finance situation. They should have an idea of how much money they have on their grant which tells them how many openings they have. Successful professors have more grant money and therefore more students.

If a professor is so worried about the finances then he probably doesn't have grant money which means he is having trouble financing himself ie justifying his work to the community at large.
 
  • #14
Congratulations for getting into such a selective university!

I used to know a person who used to (I think still does) Brown university. What he was saying is that it was an amazing university and the quality met it's reputation. However, I think you can go wrong either way. If you have the money, maybe you will benefit from attending Brown University (I have heard many employers pay attention to university prestige, at least minimally, but I am not sure). However, I do not think it will harm you at all if you go to UC Riverside.
 
  • #15
ZombieFeynman said:
This is indeed a no-brainer to me. Brown is not even that prestigious for physics, certainly not $140,000 (!) more so than UCR. Being offered an UNFUNDED masters rather than a funded PhD track spot means that you were not very competitive among others admitted in your cohort. I think this will put you at a significant disadvantage in finding an adviser.

I agree very highly with this.
 
  • #16
Yellowflash said:
(I have heard many employers pay attention to university prestige, at least minimally, but I am not sure). However, I do not think it will harm you at all if you go to UC Riverside.

*cough* McKinsey.
 
  • #17
jesse73 said:
*cough* McKinsey.

Hi, I did not say that as a completely general statement, but isn't it obvious that for the most part if there are two employers with similar skills and if one went to Harvard and the other to Penn State, they will generally choose the Harvard person?
 
  • #18
Yellowflash said:
Hi, I did not say that as a completely general statement, but isn't it obvious that for the most part if there are two employers with similar skills and if one went to Harvard and the other to Penn State, they will generally choose the Harvard person?

Probably. But is that worth 140 000 dollars?
 
  • #19
micromass said:
Probably. But is that worth 140 000 dollars?

Oh yeah, that's probably a major drawaback. But the thing is, nowadays people (especially parents) care a lot about prestige. Maybe he should do some research on the academics (for example which textbooks they use) and get a sense of which atmosphere he would be more suited in.
 
  • #20
Yellowflash said:
Hi, I did not say that as a completely general statement, but isn't it obvious that for the most part if there are two employers with similar skills and if one went to Harvard and the other to Penn State, they will generally choose the Harvard person?

We're not talking Harvard and Penn State, we're talking Brown and UC Riverside. They just aren't that far apart in Physics. I bet most people in the western part of the US hold the UC system in higher esteem than Brown.
 
  • #21
From OP, "for industry, which holds more weight, masters from Brown or PhD from UCR", it probably varies a lot depending on the person, based on people I know (ignoring MS/PhD difference) a PhD from either school would hold about the same amount of weight. Things may be different on the East Coast.

In terms of physics I agree with those that don't think there's much difference, certainly not $140,000 worth. I wouldn't even consider Brown in the scenario you described. As phyzguy said, I would think about it if it were Harvard, Caltech or MIT.

For what it's worth that's my take on it.
 
  • #22
Yellowflash said:
Hi, I did not say that as a completely general statement, but isn't it obvious that for the most part if there are two employers with similar skills and if one went to Harvard and the other to Penn State, they will generally choose the Harvard person?

I was referring to how McKinsey is notorious for hiring Ivy League grads.
 
  • #23
jesse73 said:
I was referring to how McKinsey is notorious for hiring Ivy League grads.

From what I understand, that's only true for those with an undergraduate degree alone or those with MBAs. McKinsey has actively recruited people with physics PhDs (and others with masters or PhDs in other quantitative programs, like math, statistics or engineering) from schools other than Ivy League schools.

More to the point, to the OP, if it's a choice between a funded and an unfunded program, I would suggest you definitely go with the funded program, without a moment's hesitation.
 

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