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I have a sort of strange scenario I am trying to work through and would appreciate any advice people have. A little back round. I am in the US Navy currently stationed in Japan and transferring to Australia for a 3 year tour in the fall. I currently have a BA in history with good grades. I am looking into getting a graduate degree while working in Australia and have a couple of decisions I have to make. I have not taken the GRE yet but plan on taking it this summer.
First off for career reasons I will need the masters within the next 10 years preferably the sooner the better. These next 3 years in AUS will be the best opportunity to get it based on work load. I am going from a 80 hour + work week on average down to 40 or so.
If I stay in the military on my current career track a masters in any subject will do. However I have a strong desire to swap career tracks to a specialized foreign area officer. The prereqs for this swap are language skills and a masters in international relations specifically coded and covered by the GOV (graduate education voucher program IE $40k free money for school. Unless I plan on making money with the degree I prefer it to be free.) I will probably not stay in the military for 20 years unless I do this career swap.
However I am not 100% sure I want to stay in the military for another 12 years and a masters in international relations is pretty useless outside of the military. I think? (Does anyone have one of these and make over 120K a year outside the military?) I feel I would be much better serviced financially getting an MBA over the next 3 years and then getting out in 2016 with a 2 year time late MBA. At least looking for a job in the finance sector either in the states or internationally. How marketable are MBA's these days? Anyone have one and have a tough time finding work? I would love to work in Hong Kong or Singapore for a US bank.
Finally My choices for schools are somewhat limited. It would either have to be a school in Sydney that allows weekend classes as going during the week is probably not realistic unless it is just one night a week. Or it would have to be internet based with only a few meetings a semester when I could get off work to travel. Does anyone have any recommendations for GOOD online masters degrees in either an MBA or international relations.
1. International relations= Is it useless outside the military?
2. How good is an MBA these days? Is it easy to get work with one even if it is 2 or 3 years old?
3. Does anyone know any online masters degrees that are worthwhile and got you a job?
I know this is a weird board to ask for this sort of advice but I have been talking to pretty much military people only on this and would appreciate some civilian feedback. Any random masters advice would be great too. Most of the people I have talked to about this did their masters right after college not 6 years later.