Most of us were told that in order to get ahead in life we needed to go to college and get a degree. But you've done that. So why do you need a master's degree?
It's true that for many jobs and fields, a BA or BS will suffice..at least at first. But the job market is increasingly specialized, and many graduates find that it's difficult to enter or progress in the job market without an advanced degree. Here are five reasons you should consider post-graduate studies.
1. MAs are the New Bachelors Thirty years ago, a bachelor's degree in most subjects was the ticket to a job where you could gain experience and progress to higher levels of expertise. In fact, in the past job seekers with graduate-level degrees may have been considered overqualified, but things have changed. It's not exactly a bad thing, but with increased college enrollment over the last few decades, the market has been flooded with skilled and qualified undergraduates.
Now, employers are looking to hire graduates with advanced degrees, and while there are still plenty of positions that will accept bachelor's degrees, some of the most desirable positions are going to recent grads with masters-level qualifications. A Masters will help you to stand out from the crowd and will show prospective employers that you have advanced skills and subject-expertise.
2. They Can Be Required While many sectors favor post-graduate degrees, there are several fields in which a master's-level degree is required. Obviously, education for doctors and lawyers goes far beyond that of a normal bachelor's degree, but if you're considering a career in therapy, library or museum sciences, economics, architecture, or various medical professions, you'll find that an advanced degree isn't optional.
Speech and language therapists in the US need a graduate degree and accreditation. In the UK, 'architect' is a protected title and in order to practice students must complete five years of study as well as work experience. In the US, a growing doctor shortage means that there are more jobs for Physician's Assistants (PAs) but you'll need to earn a master's degree from an accredited program first.
While it may seem demanding, these positions require advanced training, specialization, and dedicated professionals, all of which can be developed through post-graduate study.
3. They Can Lead You Further Some people decide to pursue a masters-level degree because they thrived in university studies and aren't ready to enter the 'real-world.' While this isn't a great reason to earn a master's, if you have a knack for academia and are considering a career as a professor or researcher, then a master's degree is a fantastic idea.
Most PhD programs require candidates to have completed an MA or MS in a related subject, and a master's program will give you the opportunity to find out if focused research and academic life are right for you. Remember that master's studies are very different from undergraduate degrees.
Students are often more independent and research-focused, and the course-work requires in-depth knowledge and original ideas. Master's studies are harder and more stressful, but they're often more exciting because you can focus on subjects that interest you.
4. You'll Earn More Money shouldn't be the only reason that you choose to pursue a master's degree, but it might be one of them. In some sectors, employees with master's degrees earn up to 20% more than their counterparts with bachelor's degrees, and women with degrees have a smaller pay-gap than those without. And while graduates are, in general, less likely to be unemployed, those with post-graduate degrees have even greater rates of employment.
But while some post-graduates have the potential to earn more after they finish their degree, it's important to remember that graduate school isn't always free. Though some graduate-level programs offer tuition waivers, stipends, and even subsidized housing and health insurance, a master's can take between one and three years to complete.
And though it's not impossible to work while studying, it can be difficult. So consider carefully before enrolling. A master's degree in engineering will give you excellent credentials and improved your marketability, but you might also leave with increased student-debt and three years of lost earnings.
Mantissa College’s MBA program boasts a dynamic global network of more than 80,000 alumni. One recent alumnus, Harrison Jub, says, “I took the 15-month Master of Business Administration course and in the first week, I was discussing the Real Case Study with groups of working professionals from different fields. And so I was learning from real people with real problems. Thanks to the case study based learning approach I am now capable of taking up more projects because I had been exposed to a wider perspective on handling matters from my learning experience.”
Certainly, evidence attests to the tremendous value of case studies in business education. Between its focus on this learning style and many other desirable attributes, Mantissa College’s Master of Business Administration offers an invaluable inside edge for aspiring business leaders.