What is the value of a graduate degree in Public Policy?

Provided by David Eber, Director of Admissions & Financial Aid at Carnegie Mellon University’s H. John Heinz III CollegeCarnegie Mellon University, H. John Heinz III College: http://www.heinz.cmu.edu

Students who study public policy are driven to serve the public interest.  They work in governments, non-profits, consulting firms and international organizations.  They are social entrepreneurs, policy analysts, lead consultants to government and they hold public office.  These graduates want to address the huge global challenges we face today.  They use the same tools as their counterparts in business:  quantitative analysis, economics, finance, management skills, etc., but they apply those tools to social problems.  As a result, a public policy graduate is someone who can truly the change the world.

A public policy degree is a vital component when it comes to preparing future generations to tackle some of society’s biggest problems.

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It’s difficult to determine how much weight I should put on the rankings. What should I consider when reviewing them?

Written by Carrie Marcinkevage, MBA Managing Director, Pennsylvania State University, Smeal College of Business

Rankings are great to help you get an initial sense of program types, yet dangerous if used to make sweeping comparisons among schools. The most common rankings are U.S. News and World Report, Bloomberg Businessweek, Financial Times, The Economist, and new player in the field who ranks the rankings themselves, PoetsandQuants.com. In fact, John Byrne, former chief editor for Businessweek and Fast Company wrote a thoughtful blog on this very topic entitled “Do MBA Rankings Really Matter?”

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