October 24th, 2012, 9:37 am
not quant specific, but my PhD advisor used to say the same thing, if you work in industry, a lot of the time, the experience you gain working with a masters degree more than offsets the higfher qualification of a PhD.I have aquaintances who work for Maple in Canada, and one with a PhD is being supervised by one who dropped out ABD (all but dissertation) from the same PhD program, because he's been there longer