More people are looking to further their education and professional interests by joining a graduate degree program. In times of economic trouble, going back to school for the next step in your education is a popular choice, one that many have taken advantage of in recent times. Getting an online master’s degree online holds many advantages to students who are either already enrolled in an online university, or for students looking to further their career both financially and educationally. An online master’s degree is ideally suited for the working professional who can benefit from the scheduling flexibility, time-savings and many additional advantages that online learning affords.
A master’s degree not only concentrates more intensely on your major interests, but it also lets you earn more money in your area of study. A Master’s of Business Administration – or MBA – is the most popular kind of master’s degree, but there are also others such as Master’s of the Arts, Master of Science, Master of Education, Master of Public Health, and more. Along with an MBA, the most common master’s degree in the states is the Master of Arts and Master of Science.
Earning your master’s degree is guaranteed more money than just having your bachelors would bring you – on average, about 25% more to be exact. Also, certain career paths might require a master’s degree. Positions teaching at the community college or university level require – at the minimum – a master’s degree (although many universities prefer a doctorate degree). Positions in the field of management, such as sales and marketing, information technology, nursing, engineering and finance, all will put a candidate with a master’s degree before one without.
How many years to attain this degree: 2-3 years
Credits needed: 30-70 post bachelor’s degree
Average salary: $62,300
Prerequisites: bachelor’s degree