While positions requiring an advanced degree are increasing, it is important to know the benefits of having a masters degree. By 2022, 18% of all employment will need a masters degree.
Although study a masters degree takes time, requires commitment and financial investment, it will add more values to your career at the later stage. If you have a masters degree quite some time or just completed your masters degree, then, this page is for you. Here are 5 benefits of having a masters degree that you should know.
1) Higher Salary
Fresh graduate with a masters degree tends to have average 11 to 20% higher basic salary than a bachelors degree in the current job market.
2) Career Development
A masters degree can help you move to more senior or management roles easily compared to a bachelors degree holder for the same level of working experience and performance.
3) Personal Growth
A masters degree prepare you for lifelong learning which is important for your career. It also assists you to be far better in researching, writing, analyzing and tackling more complicated projects. You tend to be more creative, independent and have higher self-motivation in your job.
4) Career Jump
Having an MBA can help you make a career jump from technical to management role easily. You can even start your own business too.
5) PhD Study
A masters degree is a stepping stone to PhD programme if you want to be a scientist or researcher in the future. Masters degree already prepared you well for a deep and challenging PhD research. Without a Masters degree, most universities will not allow you to enroll in PhD programme.
There are no reasons for you to doubt yourself if you already have a masters degree after knowing 5 benefits of having a masters degree. You just need to plan and work hard to achieve your ultimate career goals.