I applied and accepted enrollment as an MS student at the same university I completed my undergrad at. I turned down all my other applications because I was offered funding for the MS, which apparently is rare. About a week after I accepted and signed everything, I was asked to join the PhD program instead - something I wasn't expecting at all. Nearly everyone I talked to said I should accept the offer, which I did, because there was no downside: I can leave after 2 years with a masters if I desire (the department told me this, since they realized I applied for an MS) and I get a slightly better stipend + health care. I also wasn't sure if I wanted a PhD yet (one of the reasons I didn't apply directly for a PhD anywhere), but this opportunity gave me 2 years to find out.
I only had about a week make the decision to accept the PhD offer, and there are a few things I didn't consider. After reading grad school forums more, I have a few concerns:
1. Will obtaining all three degrees from the same school be looked upon unfavorably? I've seen mixed opinions on this, and I've even seen some posters say they would never hire anyone who hasn't changed programs. I think such a perspective is ridiculous, but the fact that an employer might possess such a view is enough to give me pause.
2. The department I'm at is not ranked and essentially off the radar, but the professors are all from top universities. I couldn't care less about rankings, and I think the quality of a student is infinitely more important than reputation; however, I'm afraid the rest of the world doesn't agree. Will receiving a PhD from an unranked program handicap me? I haven't decided on academia or industry, but I'd like to keep all doors open.
Thanks