“You need to think carefully before you jump into this deep sea,” said Professor Daniel Levy at the very beginning of a presentation entitled “Why can a PhD be bad for you?”. While this statement sounded frightening to those who were planning to pursue a PhD or other further studies, it appeared to be more bemusing for others who were not considering a career in academia.

Based on his personal experience, Dr. Levy explained that substantial difficulties come with academic life: a PhD is not a continuation of an MA, and it constitutes an “unbelievable amount of commitment”. It requires “focus, and lots of patience, time and energy”. Dr Levy recalled that during his studies, he took most of his meals sitting in front of a computer or with his nose buried in a book.

For over a decade, ISET has produced MA graduates whose experience, knowledge, and expertise have allowed them to pursue successful careers across the world. Some stayed in academia, and went on to earn further degrees in the United States and Europe; others moved into public service or the private sector, both at home and abroad, actively working towards regional development or establishing successful careers overseas.

The brand ‘ISETer’ has become a title to aspire to for undergraduates throughout the Caucasus, but the institute has also attracted students from as far away as Nigeria, India, Belarus and even Japan. ISET’s increasingly prestigious reputation has not only allowed it to expand not only its student base, but also enabled the launch of its BA program in economics.

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