Univ degree - to do or not to?
Question:
Nowadays in Singapore, a middle-aged person has great difficulty in finding a decent pay job. He had come across real cases of MBA middle-aged holders, who work as security guards or cleaners taking home less than $1K salary.
He is undecided if he should go ahead & spend >$10K to get a univ degree at UniSIM, to increase his job prospects. What do you think?
Answer:
what is his job level at his previous job?
if it is managerial position, then yes. A degree is likely to help, especially one that specialized in management.
if it is executive position, then no. More advisable to spend the time & money on some technical course relating to his profession, to bring himself up-to-date.
warn him of ending up being over-qualified for executive positions, and yet lack the potential for managerial one, and get stuck in unemployment.
Does your friend need to support his family members in terms of finance? I believe that he may find a job but the pay is not what he is expecting and the scope of work may be very different from the previous job. So my suggestion is that he should not spend the money to get the degree just to increase his job prospect as young graduate is willing to take a lower pay nowadays
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