In today’s competitive job market, specialized knowledge and skills are at a premium—the more you know and the more you can do, the more attractive you are to an employer.
You’ve already made the time and financial investment into a bachelor’s degree. But you’d like to build on that knowledge and specialize in a related field. Or, maybe you want a credential to propel your career to the next level.
1. You can specialize your knowledge.
A master’s degree will allow you to develop expertise in a specific field that isn’t available at the undergraduate level. Take a field like Regulatory Affairs, where you’d start out with a degree in pharmacy or natural science. You could continue on your learning to understand how laws and product safety play into the marketplace.
2. You can expand your knowledge.
Maybe you got a degree in programming or design, but with a master’s degree, it’s time to focus on skills like project management or leadership. A master’s degree program is a great way to build out skills that complement what you already have, or open up new job possibilities.
3. You’ll demonstrate you can take on and complete complex problems.
Holding a master’s degree doesn’t just show, it proves that you can move beyond technical knowledge and integrate it into more complex problems, projects, research, synthesis and analysis. It shows your current and prospective employer that you’re committed to developing higher level skills and competencies.
4. You can grow your professional network.
Networking is a much bigger factor among graduate students than undergraduates, and for good reason: You are now exposed to a network of people who are successful in their fields, and you may find a rich connection with your professors. At institutions such as Northeastern’s College of Professional Studies, our faculty not only have teaching credentials, but also industry experience. This means that along with their knowledge and expertise, you have the opportunity to tap into their extensive professional networks.
5. You could see an economic payoff.
An important reason to consider a master’s degree is that in many fields, earning your master’s could increase your earning potential with your current or future employers. After sacrificing time and money to get your degree, this might be music to your ears. But know going into it that some fields will have a higher payoff than others. Make sure you carefully consider your future earning potential when calculating your return on investment.
This blog post first appeared on Northeastern’s Tips for Success.
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