Bachelor’s Degree vs. Master’s Degree, What’s the Advantage?

Your undergraduate diploma is hanging prominently on your wall (or maybe it’s still in the unopened mailer) and now it’s time to decide: master’s degree or no master’s degree? While a variety of factors can play a role in this significant decision, here are some advantages that are worth your consideration:

Specialized Content – A master’s degree offers more focused content. Students typically begin by completing a series of field-specific core courses. Many programs also allow students to complete a concentration or emphasis area, allowing for even more specialization. Unique research opportunities can also be found in many graduate programs. Research allows for increased engagement in your field of study, which can be a crucial component for career advancement.

Professional Development – While a bachelor’s degree can provide a solid foundation to begin your career, a master’s degree will allow you to advance confidently in your field or allow you to transition to a brand new one! Technical skills found in an undergraduate program are often honed within a graduate program, but leadership training is a valuable piece of graduate-level curriculum that can be directly applied in the workplace. The distinct combination of technical skill and leadership that you will acquire while completing your master’s degree can provide a competitive edge for your professional life, which is crucial in today’s fast-paced job market.

Networking Opportunities – With specialized content and a focus on professional development, a master’s degree provides the perfect opportunity to network with practicing and aspiring professionals in your field. Peer discussion within a graduate program centers not only on an assigned text and topic but also on the academic, professional, and personal experiences of students. A graduate program can also connect you to professional organizations which can be key in expanding your network. 

Earning Potential – The U.S. Bureau of Labor Statistics indicates that in 2018, the median annual salary for workers with bachelor’s degrees was $62,296 while the median annual salary for workers with master’s degrees was $74,568. While salary and earning potential vary based on location, occupation, and field of study, the data suggests that the pursuit of a master’s degree is monetarily worthwhile.   

It’s no secret that a graduate program requires tenacious dedication and focus. The decision to complete a master’s degree may be based on career advancement or the personal desire to gain further knowledge and expertise in a selected field. Whatever your motivation, the advantages of obtaining a master’s degree are worthy of consideration.

If you’re ready to take advantage of the benefits a master’s degree has to offer, contact UNK Online at unkonline@unk.edu or 1.800.865.6388.