The logical assumption to make is that the higher-level of qualifications you achieve the better job you will have, right? Maybe not. The value of a master’s degree could be less than you think.
It is because of this belief that completing higher level qualifications can lead to a more successful career that ambitious and intelligent individuals are being motivated to continue with their studies. Desiring a highly successful career in the future is understandable.
However, it is important to take the time to consider how much value there is in adding an ‘MA’, ‘MSc’ or ‘MBA’ to your CV. Is it really going to make an impact on your employment prospects and career?
Over the 10 years, master’s degrees have seen a significant surge in popularity. A large number of undergraduates are now choosing to stay on at university and complete postgraduate courses. This surge, however, is making master’s degrees an increasingly common sight on CVs and job applications. It no longer has the impact that it used to.
Bearing this in mind, it is becoming increasingly important to carefully consider whether a master’s is the right option for you and your future prospects.
To help you decide, consider the points below:
Reasons to do a Master’s
You really enjoy a subject area and are keen to pursue a career in that area.
If you have a passion for a subject and further study will help you get ahead in your chosen sector, then a master’s could be a great option for you. To set yourself up for success, ensure that the master’s course is relevant to the sector you want to work. If it isn’t, then it should significantly enrich your skill-set beyond what you’ve already developed in your degree.
You know you will see a return in the money you invest
A master’s is an expensive commitment to make, so you will want to see a return from the investment of your time and money. Try to find out what others who have completed the course have gone on to do and if you can speak to any alumni, ask them how much they feel the course added value for them.
You will make strong industry connections
The right course for your career could help you to make some fantastic industry connections that will benefit you in the future. Research who is involved in running the course, what businesses you may get the opportunity to work with and who the university has already built relationships with.
Reasons not to do a Master’s
You haven’t found a job – this is not a reason to just stay on at uni.
The real world sounds a bit too scary.
You have been working for a year and don’t really like it.
You don’t know what to do with your life.
Ultimately, what you need to remember is that your chosen master’s degree needs to add value and skills to you as a prospective employee. You should be able to talk about how you have developed and offer evidence to an employer when it does come to attending interviews.
With your master’s experience, will you be able to demonstrate to employers that you now have an edge over the undergraduates that you are competing with for that job? If the answer is yes, then go for it!
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