5 reasons to pursue a master's degree
If you are looking to progress in your career and earn more, then a Master’s degree is imperative.
Gone are the days when your Bachelor’s Degree was the ticket to your dream job. Although you can get by with a BA or BS in certain fields, more and more graduates are finding it difficult to enter the job market or progress in their careers without an advanced degree. Beyond this, there are several industries, such as medicine, law and economics, where a Master’s (or postgraduate) Degree is a basic requirement. If you want to reach the next level in your career, then look no further! SchoolApply provides complete guidance for international students who want to apply to graduate schools around the world.
If you’re considering studying abroad for your postgraduate studies and need a little more convincing, here are five good reasons you should go for it.
1. Gain deep insight into your career or industry
All too often, new graduates find themselves feeling as though they are not skilled enough to enter the job market despite holding a Bachelor’s Degree. This is because an undergraduate degree is usually quite theoretical and not very practical. Whereas much of the worth of an undergraduate degree is in the qualification itself, arguably the most important reason to go to graduate school is for the professional skills you’ll gain in the process. Pursuing a Master’s Degree allows you the opportunity to learn as much as you can about your area of interest through focused education, expanding on your technical abilities, honing your skills and essentially becoming an expert in the field.
2. Make your resume stand out
In an increasingly competitive global market, a Master’s Degree can help set you apart from other graduates or job applicants. While there are still plenty of positions that accept Bachelor’s Degrees, often the most desirable jobs are being reserved for graduates with Masters-level qualifications. That’s why in 2019, it’s more important than ever before to further your education if you hope to advance your career.
3. Make professional connections
Graduate schools place a strong emphasis on connecting with people professionally, allowing you the opportunity to develop valuable relationships with both classmates and teachers and build your network. These connections are formed during your Master’s Degree studies and can help you as you advance through the professional world.
4. Greater earning potential
Although money should never be your sole motivation for pursuing a Master’s Degree, it should be a factor in your decision making. In some industries, earning a Master’s Degree can open the door to 20% more earning potential. You can tap into these higher salaries with a Master’s Degree because you will be eligible for positions that require a more advanced skill set. While a graduate degree may translate into a higher paycheck down the line, it’s important to weigh this against the expenses of a Master’s Degree. Before enrolling in a Master’s Degree program, make sure you calculate if your upgraded credentials and improved marketability outweigh student debt and years of lost earnings.
5. Personal development
Although masters studies are often more difficult and stressful than bachelors studies, they’re also often more exciting because at this stage of your education you’re usually focused on subjects that you enjoy. An advanced degree truly shows your dedication to your chosen field and the effort it takes to complete your studies often serves as a central character-building life experience. In this way, a Master’s Degree not only deepens your education, but is also rewarding on a personal level. Taking on postgraduate studies takes initiative and commitment; traits that are sure to help mold you into a successful leader in the future.
The skills that you acquire during your Master’s Degree will benefit you for the rest of your life.You might not want the big corner office or the responsibility of having your own team, but don’t let this deter you from developing valuable leadership skills. Putting yourself in a position to develop your leadership skills will help build your confidence, give you a platform to discover new talents, and give you exposure to developing numerous other skills such as communication, time management, open-mindedness, interpersonal skills, taking initiative, creativity, problem solving, and self-reflection.
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Most sought-after Master’s Degrees
Now that you’ve most likely been convinced about doing a Master’s Degree, you might be wondering which program you should pursue. We have compiled a list with the most desirable Master’s Degrees in 2019.
Business Administration: This is perhaps the most popular choice among undergraduates, with most of them opting for an MBA after the completion of their Bachelor’s Degree. According to the National Center for Education Statistics and the Bureau of Labor Statistics (BLS), a Business Administration degree can earn you an average annual salary of $102,290 (2014), with the employment rate growing at 12% from 2014 to 2024. If you want to enroll in a well-recognized business program, head on over to reputed universities such as the Canadian University Dubai or University of Michigan-Flint.
Marketing Management: While an MBA can lead to a specialization in marketing, some students prefer to take on a full-fledged course which centers only on the principles of marketing. The National Center for Education Statistics and the BLS indicate that a degree in Marketing will fetch an average annual salary of $107,116 (2014) with the employability rate escalating at 15% between the years of 2014 and 2024. Enter into the exciting and dynamic world of marketing by enrolling in Cardiff Metropolitan University or London South Bank University, based in vibrant locations in the UK.
Information Technology: Technology is vital to most companies or industries in the world. Most companies use their own designated softwares and databases. An IT expert will have to deal with the intricacies of such systems dealing with a lot of sensitive and secure company information, which is why it doesn’t come as a surprise that it would be one of the most sought-after degrees. According to the Forbes’ job security research, an IT Master’s Degree can lead to a median, six-figure salary of $101,000. If you consider yourself to be tech savvy with a great analytical mind, then enroll in quality teaching institutes such as the University of Kansas.
Electrical Engineering and Computer Engineering: These two fields have also experienced a surge in popularity with the growth in technology. Electrical engineers play a vital role in the crafting of innovative technological products and are paid handsomely for it. According to Forbes’ research into job security, an Electrical Engineering Master’s Degree can earn you a whopping six-figure median salary of a $124,000. While the BLS has estimated the average annual salary of a Computer Engineer degree-holder at $109,610, with the growth in the job rate being 14% from 2014 to 2024. If making a generous living is what you desire, then check out the highly sought-after Electrical Engineering and Computer Engineering program in one of the United States’ esteemed universities, Tennessee Tech University.
Master of Science Degrees in Canada: Canada is a popular location for graduate students because the country boasts a safe and stable economy and welcoming policies for international students. There are over 100 colleges and universities in Canada that have MS programs focusing on areas of study that range from engineering to medicine to science. One interesting degree that is growing in popularity is a Master’s in Anaesthetics in Canada. Because Canada is so multicultural, there are more opportunities for international students to fit in and find their niche. If you obtain your MS in Canada, the process of getting a work permit in Canada is much easier than applying and being approved for a work permit in other Western countries. Work permits in Canada allow international students to work for up to three years after completing a study program.
Orthodontics and Prosthetic: The employability margin with this course is remarkably high. According to the Bureau of Labor Statistics (BLS), employment in this area will rise by 36% from 2012 to 2022. This is owing to the increase in diseases such as diabetes, which can result in the loss of limbs. The average annual salary of such professionals was estimated at $70,740 in 2013. The University of Hartford, situated two hours North of New York City, offers a great orthodontics and prosthetic program.