Some regions expect applicants to have a master’s degree, others do. For example: “Higher education is often supported by science and engineering companies” (Morrison). Whatever your career goals, a graduate degree helps job seekers hone those “transferable skills” that are sought after in any field. These include persuasion and influence, problem solving, analysis and research, and presentation skills” (Morrison). Not only will it help you get your master’s degree on paper, but also in the workplace and you have acquired certain skills.
Earning a master’s degree will not only give professionals more knowledge and experience, but it will also benefit their wallets. It also gives graduates something to do while the economic downturn affects the job market. The Washington Post writes, “For those looking to increase their value in their chosen profession, increase their salaries, change careers, or simply weather the economic downturn while enhancing their resume, there are solid arguments in favor of a master’s degree. (Simon). Instead of working at the nearest pizzeria until a career finds you, applying to graduate school is a helpful option that shows you’re motivated.
Duration of the master
A master can be completed between 1 and 3 years. It all depends on the type of program you choose.
- Thesis Track
- Non-Thesis (one course) Track
- Internship (with or without thesis)
If you enroll part-time and can keep your job, you have the option of receiving an employer subsidy to help you cover the cost of your studies. There are many organizations that offer tuition fees to employers for doctoral students. To find out if your employer takes advantage of this benefit, contact your human resources department.
Work experience will not only benefit your career development, but it can also benefit your educational experience. You can apply industry knowledge to your courses and vice versa.
A financial analyst usually works for a large company. There are also opportunities in the non-profit and government sectors.
On the other hand, people who want to do a master’s degree are usually those who have some work experience and most of them are currently employed. A well-paying job costs you a lot to return to school, because you give up income you could have earned at work while still paying for the cost of your education.
That’s why many people prefer to stay in the job market and do their masters part-time. To meet the needs of these people, universities have developed part-time programs. Part-time master’s programs usually last twice as long or longer than full-time programs.