For example to gain experience in industry or work as a research assistant or technician in a laboratory?
It’s hard to make a clear decision when you’re in the middle. Sometimes it’s best to take a step back and pursue an option without committing for several years.
The advantages of applying for a doctorate without an A-Master’s degree
The main motivation for doing a doctorate directly after receiving your bachelor’s degree is to save time and money. Basically, you save one academic year. Another advantage of registering immediately for a doctorate is the availability of the project. If you find a project you’re really interested in, it’s unlikely that it will still be available in a year’s time. So, bypassing a master’s degree and enrolling directly in a doctorate increases your chances of getting the research project before it’s available.
Although a master’s degree adds a year to your academic career, it can be very useful for your development and preparing you for a doctorate.
Master’s degrees usually prepare people for a career outside academia, while doctorates are intended to lead to a career in research.
There are two types of mastery: terminal mastery and intensive research. Career prospects are different.
Why study finance?
According to the Bureau of Labor Statistics, financial jobs such as investment banking, corporate finance, private equity and wealth management will increase by 5% over the next 10 years. That’s faster than the average for all jobs. Whether you have a BA in Finance or a BS in Finance, or your job title or major, an on-campus or online finance degree can connect you to great job opportunities and job security.
You save time and money
Directly from the baccalaureate to the doctorate. You save time and money. You don’t need to finance the extra years of study and you can access the job faster.
You can’t turn down a great opportunity and wait to see if it’s still there after your Masters. If you skip a master’s, you have a chance to get a place in the doctorate. A program of your choice or the opportunity to work on a research project of your dreams, if accepted. The same goes for funding opportunities – you have to take them even if you skip your masters.