Last Updated on March 17, 2023 by
Many GSAS participants have more than one motive to pursue studies at the master’s level. The majority of students choose master’s degree programs
- to begin a new career in a field of study, you have chosen
- To prepare you for graduate studies to the doctoral degree level.
- To enhance their knowledge in areas related to their current place of professional expertise.
- To pursue a field they enjoy and research possibilities of employment in the same subject.
- To learn about new methods and technologies that have evolved in their respective fields.
- to improve their standing in a highly competitive field and a crowded job market
- To prepare for ventures which require knowledge of the field of study you are studying.
- Access to the expert resources available to professionals in New York City.
- To benefit from the exceptional resources at an internationally renowned research university.
- To build credibility and gain recognition
- To leave behind the desk.
Benefits of obtaining an MBA
Securing Your Career
- In today’s highly competitive market, having a master’s makes you stand out from the other candidates for jobs.
- If you have a master’s degree will allow you to be considered for higher-paying jobs. The variety of professions that require a master’s degree is expected to rise by around 20 per cent between 2006 and 2016. In various career fields, including the administration of higher education, public affairs, and social services, master’s degrees are becoming the standard required to be employed. With a bachelor’s degree, in the 1980s, it was possible to get an entry-level position as an admissions counsellor, academic advisor, or student services coordinator. In the early 2000s, candidates for these entry-level jobs were not considered unless they had a master’s degree. While a degree from a university does not guarantee the ultimate success, it can open doors to job opportunities.
- A master’s degree can give you the security of a job. Statistics from the 2012 U.S. Census Bureau show that the unemployment rate for those who have a master’s degree is 3.5 per cent, compared to 4.5 per cent for those with only bachelor’s degrees. In contrast, the unemployment rates for those with doctoral degrees (2.5%)) or advanced degrees (2.1 2.1%) are about half of those who have only an undergraduate degree.
Professional Development
- Master’s degrees are becoming more professional, with an increasing emphasis on training graduates for jobs in government, business, and non-profit and charitable settings.
- For those with a master’s degree who have a master’s degree, the figures are positive: U.S. workers between the ages of 21 to 64 who have a master’s degree or more have an average annual income of $55,242, as opposed to those who have a bachelor’s degree which earns an average of $42,877, as per the United States Census Bureau. This represents a close to 30 per cent increase in an average annual salary and provides proof that earning the requirements for a master’s degree can impact your financial position.
- Master’s degree programs integrate specific, advanced courses in a discipline. They also include abilities like critical thinking, analytical ability and time management. These abilities are transferable when your career direction changes.
- A graduate degree is a sign of perseverance, determination, intelligence, and the capacity to manage complex environments. All of which are sought-after traits to fill director and manager positions. A person who has shown an ability to thrive in a long-term climate that requires discipline, stamina and leadership skills, and the ability to collaborate with colleagues will be in the running for growth opportunities within the organisation.
- Employer Incentive Programs: Certain large companies have savings to pay a portion or complete employee fees.
Personal Development
- A master’s degree does not just enhance your knowledge; it also lets you be a part of something beyond the classroom.
- The demand for education and non-profit sectors is growing, and with a highly skilled master’s degree holder, you’ll be able to perform these duties.
- Deciding on pursuing a Master’s program requires dedication and initiative. With your newfound expertise and knowledge, similar traits will help you become an excellent leader and innovator after you finish your master’s degree.
- Explore the world through travel. Specific programs, such as archaeology, require students to travel abroad to conduct research. For those who love travelling, this is an advantage.
- Join the chain of knowledge. Imagine that the wisdom given to you by your professor was derived from another professor who received the subject from someone else who received it from the world’s most famous philosopher or scientist. You’re part of a chain of information.
- More recognition and credibility A higher level of credibility and recognition: Many graduates have achieved great success and receive the award and respect they deserve and earned. It is unquestionably true that a higher degree is a significant factor in a resume. It speaks volumes about your personality and your dedication to your chosen profession.
- A sense of accomplishment: Your efforts to finish your studies, regardless of moments of doubt or doubt, will be an integral character-building event in your life.
What is a master’s degree and a bachelor’s?
A bachelor’s degree is an undergraduate academic degree that typically takes four years to complete. It is the first level of degree that students receive after completing their high school education. A bachelor’s degree is offered in various fields of study, including business, engineering, arts, sciences, and many more. The degree is designed to provide students with a foundation of knowledge and skills that will enable them to pursue a career in their chosen field. Typically, students are required to complete a certain number of credit hours and pass exams before earning their bachelor’s degree. A bachelor’s degree is essential in today’s competitive job market, and it is often a minimum requirement for many jobs.
On the other hand, a master’s degree is a postgraduate academic degree that students can pursue after completing their bachelor’s degree. It usually takes one to two years to complete, depending on the program and the level of study. A master’s degree is designed to provide students with advanced knowledge and skills in a specific field of study.
The degree is often required for individuals who want to pursue a leadership position in their field, such as a CEO, manager, or director. In some fields, a master’s degree is a requirement for licensure or certification. Students typically must complete coursework, research, and a thesis or capstone project to earn their master’s degree. A master’s degree is a valuable asset to have in today’s job market, as it can lead to higher-paying jobs and greater opportunities for career advancement.
