Hello everyone
I'm nearing the end of an undergraduate degree and I'm in the process of submitting applications for masters programs in statistics. I'm studying at a small state school whose academic profile is mediocre, but I have done extremely well there and I believe I have a strong enough application to get into a highly ranked program.
Until recently my plan was to just go to the best school that would accept me, however this last week one of my professors (from outside the stat department) gave me some advice that has made me think again. He said that with that level of education in the field of statistics, employers will care more about my skill set than they will about the name of the school that I went to. He suggested that I consider continuing my studies here.
Staying at the same school would have a number of advantages:
1. I already know most of the professors pretty well and I would almost certainly get full funding.
2. I am already conducting research with some professors here and would be one of the strongest students in the department. I would probably get to work on projects that interest me, which would give me the opportunity to tailor my resume pretty specifically to what I want to do after graduation.
3. I would get to remain near many of my friends and family for another two years.
I would like to get a second opinion on what that professor told me. Obviously having a highly ranked school on your resume does count for something, but how much does it count for? If I can develop a similar skill set here for a much lower cost, is that a good trade-off? Are top employers going to care that I didn't go to a top tier school if I can show that I excelled at a mediocre one?
Any input is welcome.
Thanks,
Steve