Volume 37 fall 2005
FUTURE LEADERS E X C H AN G E ALUMNI NEWSLETTER
Pursuing Graduate Studies Why choose a niche degree for graduate studies, rather that a more generic one like MBA? What are the nonscholarship ways of paying for it? And, what does it take to complete an intense course of study and arrive at the end of the year alive and full of energy? Aleksandra Bukacheva ‘98 a.bukacheva@gmail.com Moscow, Russia/Hyde Park, VT Alexandra (Sasha) Bukacheva, who in June sat for her last exam for a graduate program with a rather complex title – MSc. Political Economy of Transition in Europe (PETE) – at the London School of Economics, answers these questions by sharing her experience. Choosing your degree. Some of us find it relatively easy to match their aspirations to academic choices offered by universities across the globe – say, MBA, law schools, or international relations programs. Some of us are lucky in a different way – they know already that their minds are set on an exceptional future role, e.g. a high-profile reformer of the national economy, oil trader, or, perhaps, organic coffee beans researcher. I picked my degree for its unique angle on the recent political and economic developments in Central and Eastern Europe. The major focus was transformation of Central and East European former communist
Aleksandra Bukacheva ‘98 Rarely Parted with her Computer while Studying in London
Contents: 1 7 Theme of the Issue: Pursuing Graduate Studies Choosing a Niche Degree and Paying for it Greek Tragedy Took me to Exeter
centrally planned politics into democratic, freemarket states. The degree is an excellent match for those of us who have a passion for a career in serving the public good. One could certainly apply in-depth knowledge of transition processes to working in a state agency responsible for a particular policy area, like health, pensions, or capital markets regulation, or contesting for elected office with a sound and realistic agenda. The PETE program also polishes one’s analytical qualities and precision of verbal and written expression almost religiously, which develops a set of transferable skills appreciated in any career environment.
Deciding on an MBA ABCs of the MBA Studying and Teaching in China Environment and Development at the London School of Economics and Political Science Learning to Learn 8 9 Alumni Beat
Financing the study. 10 11 Bradley Bits
Now, you discovered your ideal degree. You sent off an application and, as the case may be, received by reply a letter of acceptance. The catch? You don’t come from money and for whatever reason you keep getting rejection after rejection for your scholarship applications. That is, if there are many scholarships designed for your dream program to begin with. What can you do if a single year of a degree is likely to set you back $25,000-40,000 and it looks like you’ve exhausted your options for funding from both the prospect alma mater, and the external sponsorship sources? Determination, diversification, and patience are all key to the solution. In my case it took three loans from different sources secured over time to cover the tuition fees. Most programs offer installment payment options, so uncertainty in regards to where my next tuition payment will come from became entrenched in the experience, yet provided crucial flexibility, as opposed to a lump sum payment. Now, when I say ‘loans,’ only one of them is an actual bank loan. Thanks to vibrant banking activity in Russia, it is now possible for those of us with an established career to apply for a loan. Be pre-
12-14 News and Essays FLEX and JESSUP Meet to Strengthen Legal Education in Russia Exchanges to Internships Joining the San Marcos Citizen Police Two Years with FLEX: Reflections 15 Profiles Nadir Guluzadeh ‘94 Baku, Azerbaijan Bermet Tursunkulova ‘94 Bishkek, Kyrgyzstan Tamerlan Zaseev ‘95 Vladikavkaz, North Ossetia, Russia
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Is an MBA the degree for you? Ilya Brovin '97 and Sergey Kulyagin '97 help you find out on pages 3-4.