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Is a Master’s Degree Right for You and Your Career?

Oct 3, 2016 | Special Posts, Students

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Is a master’s degree right for you and your career? Traditionally, returning to the classroom to obtain a master’s degree is a big commitment. It is an obligation of time and money, both of which can be limited while in the midst of a career.

However, earning your master’s degree in the digital era is easier than ever. Spending years as a graduate student has been reduced to a year or less. And the cost has also decreased significantly as well.

There are a few important aspects to consider before choosing a master’s degree program, especially if you are hoping to enhance your career. Let’s examine how one most changes the other, helping you make the important graduate school decision.

 

How Will Your Master’s Degree Enhance Your Career?

Before jumping into graduate school feet first, it is essential to understand your career goal. This will help you get a better idea of the master’s degree program you should pursue. Having a clear plan will keep you motivated to be successful in class and in your profession.

Simply studying and taking the GMAT will require time and research. You want to spend that time wisely since many career fields require a graduate school degree, such as medicine, law, and psychology. A master’s degree with experience is also an important aspect to consider.

 

A Master’s Degree Will Increase Your Annual Salary

On average, a master’s degree will increase your annual salary. The salary bump, however, can be career dependent. The United States Department of Labor found that those with master’s degrees had a median annual salary of $68,000 in 2013. The gap is clear, with undergraduates earning a median annual salary of $56,000, according to the 2013 data.

For example, the Bureau of Labor Statistics discovered that a master’s degree would increase salaries in the business filed by 90 percent. Education master’s degrees had a raise of 44 percent in salary. And in the healthcare and social service field, 80 percent of nurse practitioners and nurse midwives hold master’s degrees.

~ Find a Masters ~

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Develop a Professional Profile with Optimal Marketability

 

If your undergraduate degree is not opening the doors you want in your career, a master’s degree could be the remedy. Holding a graduate degree is most certainly not required by many corporate recruiters for entry-level positions.

 

However, it puts you ahead of the pack. Having a master’s degree shows you have current training and skills essential for the ever-changing fields, methods, and technology. This will make you marketable commodity at the interview table.

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Obtaining a Master’s Degree Increases Your Career Change Success

If you want to make a career change, a master’s degree may be the best route. This may be one of the most common reasons for someone to pursue graduate school. Maybe your current career is becoming obsolete, or you hit the corporate ceiling, making a career change vital.

Changing your career is easier than it has ever been before. You can obtain specialized skills in your new field online while continuing to work. Once your master’s is completed, you can then begin your job hunt without taking the unemployment risk.

If you are considering graduate school to enhance your career, or even change it all together, a master’s degree offers big potential. You can see a pay increase, have more mobility on the corporate ladder, and even find yourself in a new exciting career that motivates and inspires you.

 

 

We welcome your feedback to our work.

Email:  General Information   |   Prof. David C. Pecoraro

Thank you!

Daniel & David

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Find A Masters / May 3, 2018

      Is a Master’s Degree Right for You and Your Career?

 

 

 

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