I thought I’d follow up on this excellent but fundamentally flawed article on Rice Media.

The article was excellent because the author was the first to admit that our financial blogs are  canonical literature in Singapore fueling my fantasies of becoming Singapore’s very own William Shakespeare and having my rants about our Polytechnic students and BBFAs studied intensely as the equivalent of the A levels in 400 years time.

The article was fundamentally flawed because the author showcased too many examples of folks who took Masters Degrees in Arts or Social Sciences, and only had one example from someone who did a Masters in Applied Finance. Totally missing from the article are the folks who studied the bread and butter MBA programs. For many pragmatic Singaporeans, a Master’s degree is just not an exercise in intellectual hedonism. It is truly a gateway to a middle class existence.

a) Quantitative analysis of the INSEAD