Oguz Kaan Kısa · March 26, 2021
Today, the importance of education is indisputable. But is a more advanced education like a master's worth your time and money?
The aim of this article is of course not to come to a definitive conclusion that you should or should not do a master’s degree. On the contrary, evaluating the subject in terms of the advantages and disadvantages of having a master's degree in your career and trying to make it easier for you to make a decision.
For the sake of the argument let’s say you are about to graduate from university, you want to continue your academic career, and you have to make a decision. If you have a dream of becoming an academic, you should know that it passes master's and doctorate degrees. There is no other alternative. However, you should make the decision to become an academician after measuring it thoroughly. Because this road is not as easy as it seems.
According to the "Higher Education Academy's Postgraduate Taught Experience" survey in 2017, the most popular reasons for graduating are:
- Advancing on the current career path (58%)
- Increasing job prospects (54%)
- Developing personal interest (46%)
- Reaching a higher level of proficiency (21%)
- To be able to enter a specific profession (21%)
- Meeting the requirements of the current job (9%)
Of course, increasing your expertise in a particular subject and deepening your understanding will not harm you professionally. Apart from being exciting, here are some other legitimate reasons to pursue a master's degree:
You can learn how to scan the academic literature, filter the information you find in a huge publication corridor, provide an understandable structure to the information you find, evaluate the current knowledge level of humanity on any subject and see the shortcomings if you do a qualified graduate study.
It emphasizes your determination and willingness to increase your talent in a chosen field. What's more, your employer can support you financially through sponsorship.
For example, you can learn software that can help you find a job, improve yourself on analysis / test methods, or try to learn a new language.
For example, if you have an electrical-engineer undergraduate degree and are also interested in the field of medicine, you can switch to this sector by completing a master's degree in Biomedical Engineering.
We cannot say that having a master’s degree guarantees you to find a job, but the postgraduate labor market statistics of European governments show that in 2018, “Master’s degree graduates” had a higher employment rate than “only graduates”. In other words, we can say that having a master's degree makes it easier for you to find a job in Europe.
A master's degree abroad is the first degree preferred by employers, and even often a necessity.
Having a solid stone like a master’s degree in the crowded and competitive business world will give you a high degree of competitive advantage in Europe and most foreign countries. Because employers are looking for ways to distinguish candidates, and this extra competence demonstrates your ability to stick to a busy period of study.
If you don't have a good scholarship, it can often be expensive, time consuming and psychologically exhausting. For this reason, those who want to pursue a master's degree abroad should think twice. Many students wonder if there will be an increase in their salary if they start their business life after completing a master's degree: Of course, some companies can reflect your master's degree in a positive way to your salary. However, this is not a common situation in the private sector, except for state institutions and some corporate companies. Unless your graduate subject is directly related to the field of the company or the task you will perform, your graduate degree does not matter much for companies. Nevertheless, it is not possible to say anything with certain expressions on this subject. But in general, it should be kept in mind that a master's degree may not make a significant contribution to your future salary or job finding.
As we mentioned at the beginning of the article, if you want an academic career and start this business knowing the difficulties of this process, we wish you success.
However, if you have a dream of a career outside of academia, then it would be better to attend this path for yourself as needed.
If your goal is only to strengthen your CV, training programs that you can find on the internet can provide similar benefits to you as well.