Should I do a Masters? (2024)

Studying for a postgraduate course has many advantages but it’s also intense, costly and time consuming. If you’re questioning whether you should do a Masters you need to take the following into consideration

Why do a Masters?

Amy Smith, associate director of admissions and student recruitment at Nottingham Trent University explains 'some of the most common reasons we come across include:

  • a love of learning
  • the need to gain in-depth knowledge about a particular subject or career area
  • a plan to have a career in academia
  • a desire to increase employment prospects.'

A Masters degree can also help you to enter a particular profession, progress a current career path, aid a career change, help you to gain chartership and provide useful industry contacts and connections.

However, Masters study is intense and often comes with a hefty price tag. You'll also need relevantwork experiencefor entry onto a programme. In order to make the most of postgraduate study it's vital to have a solid reason for committing to a course.

Will a Masters help me get a job?

Masters degrees in the UK are highly regarded by employers. They are also popular among international students, indicating the UK's globally recognised strength in this area.

Holding a Masters qualification won't guarantee you a job, but the government'sGraduate labour market statistics 2022show that graduates and postgraduates continue to have higher employment rates than non-graduates.

'In fact according to these statistics, postgraduates are around 12% more likely to be in a professional role than first-degree graduates,' says Amy. For example, 78% of all working-age postgraduates were in high-skilled employment, compared with 66% of all working age graduates.

For some roles, such as clinical psychologist, lawyer, librarian or teacher, a Masters degree is essential, while for many others it is highly beneficial. To check the entry requirements for particular roles, seejob profiles. To find out how a Masters can aid career progression seeconversion coursesandprofessional qualifications.

Having a relevant Masters degree could give you a crucial competitive edge in a crowded job market - employers are increasingly looking for ways to distinguish between candidates, and this higher-level qualification shows your ability to commit to an intense period of work. Masters study may also be useful if you're looking tochange career.

If you're already working in your preferred industry, a postgraduate degree could lead to rapid career progression. It could emphasise your drive, determination and willingness to increase your ability in a chosen area. What's more, your employer may support you financially throughsponsorship.

You will only benefit fully from a Masters if it's complemented by relevant work experience. Without this, your employability will be weaker and you run the risk of getting into unnecessary debt. Read these5 ways to benefit from your university's industry links.

Is it worth the cost?

Obtaining a Masters degree can be expensive and time-consuming. Therefore you need to weigh up your reasons for studying carefully.

As a rule, Masters study is cheaper than doing an undergraduate degree, although fees vary widely. In the majority of cases, international students pay more. The exception to this rule is the MBA, which is one of the most expensive qualifications available. To find out more about the financial cost of postgraduate study, seewhat is a Masters degree?To discover more about financial support, seefunding postgraduate study.

On a positive note, postgraduates earn considerably more than their undergraduate (and non-graduate) counterparts.The Graduate labour market statistics 2022report shows that working-age postgraduates have a median nominal salary of £45,000. This is £6,500 more than working-age graduates (£38,500) and £18,000 more than working-age non-graduates (£27,000).

Despite this, think about why you want to pursue a Masters before committing. Many applicants wrongly believe that a Masters degree will automatically allow them to earn more - yet this is only true if the qualification gets them closer to fulfilling their ambitions. To be certain that a Masters will meet your expectations, and be worth the high costs, you should:

  • be passionate about your subject
  • browse relevant job adverts to identify what employers value most, as industry certifications and accreditations are more important for certain roles
  • consider everything in the context of your overall career plan, ensuring that the qualification offers the best way of achieving your career goals
  • consider whether Masters study will boost your credentials significantly above your existing undergraduate education
  • contact careers services, professional bodies or individual employers for further advice.

Avoid Masters study if you can't convince yourself it's the right move and don't pursue postgraduate study in the naïve hope that it'll automatically add to your CV or because you need more time to think about your career. Unless your goals are clear, it might be better to spend some time in the workplace gaining experience, research your options, or take agap year.

To learn more about your options, seewhat can I do with my degree?

Which Masters subjects are the most useful?

It depends on how you look at this. If you look at it from a salary perspective those that lead to high paying jobs, include subjects such as:

  • architecture
  • business and management
  • computing
  • economics
  • engineering
  • MBAs
  • medicine and dentistry
  • politics.

If you look through the lens of which Masters subjects are most employable you'll find the following:

  • education
  • medical science
  • nursing and midwifery
  • pharmacology and pharmacy
  • psychology
  • social work
  • sport and exercise science
  • veterinary sciences.

Can I do a Masters with a 2:2 or a third?

You'll usually need a 2:1 at Bachelors level, or an equivalent qualification, to be accepted onto a Masters course.

However, those with a 2:2, a third, or no undergraduate degree at all may be considered provided they have appropriate professional experience. Contact the admissions department directly if you don't meet the criteria.

If you're worried that your lower-class degree may affect your chances of gaining postgraduate funding, this won't be the case. You'll be out of the running for merit-based funding, such as university scholarships and bursaries, but needs-based funding and postgraduate loans aren't awarded on academic merit, so you'll still be eligible to apply.

If English isn't your first language you'll also need to prove proficiency with a recognised language test, such as:

  • International English Language Testing System (IELTS)
  • Test of English as a Foreign Language (TOEFL)
  • Pearson Test of English Academic (PTE Academic)
  • Cambridge English Language Assessment.
  • Language requirements differ between institutions and depending on your subject of study.

To check the entry requirements of a particular course,search for a Masters degree.

International students can find more information about how their qualifications compare to those in the UK atUK ENIC (National Information Centre for the recognition and evaluation of international qualifications and skills).

Can I do a PhD without a Masters?

To be accepted onto aPhD, which is the highest qualification a student can achieve, students usually need a relevant Masters degree.

This is because students cannot attain the requisite level of in-depth knowledge about a particular area without Masters study. Those looking to progress onto a PhD from Masters study can benefit from making contacts for future reference, and by surrounding themselves with students and colleagues who share their aims and interests.

However, the minimum entry requirement for most PhDs is an upper second class Bachelors degree, so it's possible for those without a Masters to gain entry onto a Doctoral programme. It's more common for science students to progress directly to a PhD from an undergraduate course, while those studying the arts and humanities will generally need a Masters.

PhD entry requirements vary so to check specific requirements,search for a PhD.

Will I have time to do a Masters?

Masters study must fit around your lifestyle, so identifying the mode of study that's right for you is essential.

Full-time study is the most common, and suits continuing students. You'll work intensively for the duration of the programme, achieving your qualification as quickly as possible. Contact hours vary from course to course, but full-time study involves several lectures and seminars each week. Alternatively, it could require you to attend university from 9am to 5pm every weekday. Business, law and science courses generally require more contact time than programmes in arts and humanities. Regardless, you'll be expected to dedicate six to seven hours per day to self-study.

Part-time study, meanwhile, is primarily aimed at students with family commitments and/or in full-time employment. You'll usually study for around 20 hours every week. While qualification takes longer - often two to four years - teaching is flexible, and lectures and seminars take place during the day or evening. Sessions are commonly hosted during the weekends or even recorded for students to access online.Working while studyingis particularly popular with those who are self-funding their course.

Other modes of study worth considering include:

  • Blended learning- combines face-to-face classroom time with online learning. You can interact with lecturers, tutors and fellow students, while also working from home. Learn more about blended learning.
  • Block mode learning- involves intense face-to-face study over a fixed period, often weekends or consecutive days allowing students to book time off work in advance.
  • Distance/online learning- entails learning from home in your own time. You'll get resources and support from a personal tutor, and can take as long as you need to complete the course. Find out more aboutonline learning, choosing an online learning platform and discover 5 tips for online exams.

Search for part-timeanddistance learning Masters.

If you’re determined to study a postgraduate programme but are worried about the length of time this will take you could consider a postgraduate certificate (PGCert) or diploma (PGDip). Worth less credits than a Masters they take less time to complete one term (15 weeks) and two terms (30 weeks) respectively.

Am I ready to do a Masters?

Before committing to a Masters degree, ask yourself:

  • Am I fully aware of the level of commitment required to undertake Masters study?
  • Am I prepared to do more studying and less socialising than at undergraduate level?
  • Am I excited by the opportunity to write another, even longer dissertation or research project?
  • Can I afford Masters study, in terms of tuition fees and living costs?
  • Am I willing to accrue more graduate debt, or alternatively make potentially lengthy applications for funding?
  • Am I willing to live on a budget in order to cover living expenses, while my friends are in full-time employment?
  • Will the postgraduate qualification improve my career prospects?
  • Is the qualification rated highly by employers within my ideal industry?
  • Will the qualification equip me with the specific skills needed for my career?
  • Will my studies allow me to qualify in my chosen field?
  • Am I passionate about the qualification and subject?
  • Am I certain that the courses I'm looking at are right for me?

'There is a lot of information online that can help you answer some of those questions, and university admissions departments are always on hand to answer any questions you may have,' advises Amy.

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Should I do a Masters? (2024)

FAQs

Is it really worth getting a master's degree? ›

Earning a master's degree can boost your income. The key is that employers aren't just impressed by the master's degree itself (although it might help you get noticed by upper management). It's the specialized skills and knowledge that make you indispensable at work that catches their eye.

How do you know if masters is right for you? ›

What factors should you consider when choosing a graduate program?
  • Career Goals and Personal Interests. ...
  • Lifestyle and Program Format. ...
  • Program Qualifications and Requirements. ...
  • Resources for Support. ...
  • Location and Cost of Living. ...
  • Tuition and Financial Aid Options. ...
  • Quality of Faculty and Instructors.
Jun 23, 2022

Is there much point in doing a Masters? ›

A Masters degree can also help you to enter a particular profession, progress a current career path, aid a career change, help you to gain chartership and provide useful industry contacts and connections. However, Masters study is intense and often comes with a hefty price tag.

Is it hard to fail Masters? ›

It's actually very common for Master's students to fail something. It might be a small piece of formative work, an aspect of a broader portfolio that may or may not count towards the final mark. Or it could be something major like a summative/examinable piece of work like the dissertation.

Does having a Masters make a difference? ›

Greater Career Opportunities

A master's degree can open up a world of career opportunities. By completing a master's program, you'll develop advanced skills and knowledge in your chosen field. This can make you more attractive to potential employers and help you qualify for higher-level positions.

What are the disadvantages of getting a master's degree? ›

Cost and Financial Commitment

One of the major drawbacks of pursuing a master's degree is the financial commitment involved. Tuition fees, living expenses, and other costs can add up quickly, leading to significant student debt. It's essential to weigh the potential return on investment before making a decision.

Does master's increase salary? ›

Overall, people with a master's degree tend to earn more money than those with a bachelor's degree, associate degree, or high school diploma but less than those with a doctorate or professional degree. Generally, the higher your education credentials, the more money you stand to make.

Is graduating with a Masters a big deal? ›

Completing a master's degree program could increase your earning potential, but this will really depend on the exact degree you obtain and the industry in which you work. According to research by Indeed, the earnings increase between a person with a bachelor's degree and a master's degree is about 20 percent.

What age do you usually get your Masters? ›

The average age of people who get their master's degrees is the late 20s to early 30s; however, most master's programs are filled with a wide range of ages. It's never too late to pursue your master's degree, even if you're in your 40s, 50s, 60s, or beyond.

How rare is a Masters? ›

Since 2000, the number of people age 25 and over whose highest degree was a master's has doubled to 21 million. The number of doctoral degree holders has more than doubled to 4.5 million. Now, about 13.1 percent of U.S. adults have an advanced degree, up from 8.6 percent in 2000.

Which master's degree is most in demand? ›

  • Robotics. ...
  • Construction Management. ...
  • Human-Computer Interaction. ...
  • Data Analytics. ...
  • Neuroscience. ...
  • Computer science. ...
  • Business Intelligence. Data is the new gold, and Business Intelligence is the mining tool. ...
  • Cybersecurity. In the digital age, the battle against hackers is relentless.
4 days ago

How difficult is a master's degree? ›

How Hard is a Masters Degree? It's true that a Masters is a big step up from an undergraduate degree. With a condensed timetable, less contact time and more focus on self-study, it's very different from what you've done before. But that doesn't mean you can't do it!

How impressive is a master's degree? ›

Are master's degrees still worth it? Master's degrees can provide a wide variety of benefits, including aiding in career advancement and boosting long-term earning potential. They also provide specialized skills and expertise, making graduates more competitive in their chosen field.

What is a bad GPA for masters? ›

What's Considered a Low GPA? Many grad programs call for a minimum 3.0 undergraduate GPA. However, some programs may admit you with a 2.5 or even 2.0 GPA. Online graduate programs with low GPA requirements allow you to continue your education even if you didn't do great in undergrad.

What is the fail rate for Masters degree? ›

Masters degree results and classifications

Merit - 60-69% Pass - 50-59% Fail - 40-49%

What is the most difficult master's degree to get? ›

Top 9 Hardest Masters Degrees to Study in the World
  • Nuclear Engineering. ...
  • Nano-engineering. ...
  • Electrical and Computer Engineering. ...
  • Software Engineering. ...
  • Material Science and Engineering. ...
  • Mechanical Engineering. ...
  • Chemical Engineering. ...
  • Aerospace Engineering.
Jun 27, 2023

Is it better to have 2 degrees or a Masters? ›

Career growth opportunities

Typically, master's degrees offer more job options to help you advance in your career. While some job roles only require bachelor's degrees, other roles—especially those with more managerial and leadership responsibilities—require a master's degree at a minimum.

Are masters degrees worth it anymore? ›

Master's degree holders tend to have lower unemployment rates than those with a bachelor's degree. In 2021, the unemployment rate for workers with a master's degree was 2.6% compared with 3.5% for those with bachelor's degrees, according to data from the Bureau of Labor Statistics.

What is the salary difference with a master's degree? ›

The difference in salary greatly increases once one reaches a bachelor's degree. With a weekly average of $1,137, an employee with a bachelor's degree will approximately earn $59,124 per year. And for employees that hold a master's degree, they can expect to bring in $1,341 per week with an average of $69,732 per year.

Is getting a master's a big deal? ›

Better knowledge of the field. One of the best reasons to get a master's is to go deeper into a subject through a structured curriculum. If you have a Bachelor's in the same field and don't feel it gave you enough of a foundation to pursue a career, then getting a master's would make sense here.

Is it easier to get a job with a master's degree? ›

Better hiring prospects: An advanced degree can automatically help your resume stand out among other applicants with only a bachelor's degree. It can also give you more breadth of experience to discuss during your interview process.

Is a master's of education worth it? ›

The education field has many exciting career opportunities, from teaching to counseling to administration. While not all jobs in education require a master's to begin a career, having a master's in education can potentially provide a larger salary and potential advancement in your career.

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