Personal Investment: Graduate School

1
Personal Investment Graduate School

• Team 2
• Joseph Ling
• Majd Abdoul-Hosn

2
Scenarios

• Scenario 1
• Get a job after college
• Save enough money for graduate school
• Scenario 2
• Take out a loan
• Attend graduate school right after college

3
Assumptions for both scenarios

• Age 22
• Major Mechanical Engineering
• School Desired Cal Poly Pomona
• Time to complete 2 years
• Cost for 2 years 6600 _at_ 1100/ quarter
• Scope 12 years
• Salary after Graduate school 72,000 / year

4
Scenario 1 Assumptions

• Salary 60,000 / year
• Amount saved / year 12,000 / year for 2 years

5
Scenario 2 Assumptions

• Loan
• Amount 12,000 year for 2 years
• Interest rate 5.30

6
Resources

• Internet Resources
• Cal Poly Pomona Website Graduate Programs
• www.payscale.com
• Literary Resources
• Cal Poly Pomona University Catalog 2003 2005
• Essential of Engineering Economic Analysis