Doing my PhD now.
You don't do one unless your interested in the academic line. The pay, benefits etc. don't really make it any better than other management-level jobs out there.

The price one pays for pursuing any profession or calling is an intimate knowledge of its ugly side. The poverty of this society is when some idiots assuming education is a pursuit of financial security. U remember that until you die. Perhaps this could well explained why many idiots can't get to heaven despite everyday they pray. Amen
I quotes wrong person, shit

A real practical reason for us to get PhD is that we're trying to settle our anxiety or curiosity with knowledge, that's u can't live a day without it. As for you, I prefer u f*** up with so rich people to get rich, rather than investing on education which is so unrealistic. DATO is better than PhD you know. Another practical reason to get PhD is when you do not posses any talent, a calling of Doctor could be the alternative way to replace your talent which apparently not exist in you. So use your hard work to create an artificial talent.

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Added on May 18, 2010, 2:50 pm
Girl like smart people, not nerdy. I never heard the thesis of ADA PHD, ADA Ah Moi. But i do heard there is a word saying, "ADA duit, ADA ah moi"

If getting PhD using own knowledge AND able to benefits others, then thats okay
otherwise what for want to get a permanent head damage with not much benefit in the long run...

I got few America friends who did PHD without undergo Degree. PhD is all about research. Is not like u take a book and keep studying. It is about discovery dude. So treating this degree, master or PhD is not about lvling yourselves in online game. It would be so stupid to even think of it that way

where Master is getting common nowadays... PhD will be common in near future, haha.

is really the education institute produce good graduate of PhD in future is in doubts.. hmm....

Second that...PhD is not like Masters..It's not like "i don't what to do after graduation...maybe i should do a PhD before i decide"
You should be very clear before you take up PhD..

PhD is quite specific...Like if you do Masters in Enzymology, you could still do your PhD in Protein Engineering...
You can change focus but not exactly from one field to a very different field..as you need the background for PhD..
But once you've completed you PhD, it's not possible to change anymore...people will regard you as an expert in protein engineering..

More examples are degree in chemistry or biochemistry can do masters in research related to pharmacy, degree in microbiology doing research in food science...they are different by related..

If you consider the main Pros and Cons, the reason you're going PHD is either for the fame, Dr. or the knowledge. Doing a couple years of study to increase my salary doesn't seem to outweigh working for a few years and becoming a CEO. For me at least.