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Steve

Difference between having a Masters and a Bachelors Degree, from a hiring perspective?

I recently finished my Bachelor’s degree and I am wrestling with going for my Master’s. The only reason I would go for the Master’s is for the potential to get a higher paying job. So my question boils down to is it worth the cost of getting a Masters degree versus the potential increase in pay? Also how much weight does a hiring manager give a Masters versus a Bachelors?

Top 4 Answers
DemoDicky

Favorite Answer

Besides earning more money it shows that you specialized in a particular concentration.
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Shanna S
A master’s degree demonstrates a greater intellectual capacity as well as discipline that a higher degree demands. Both qualities are desirable to employers.

It used to be that only “professional” degrees were available at the masters level or above, such as law, medicine, engineering, psychology and architecture. These fields still demand a minimum of a master’s level or better to get past entry level types of positions.

There is research that those with Masters tend to earn on average 24% better than Bachelors over the course of a career.

Many academic positions even in administration will require a Masters. Most CEO’s have some post bachelor degree education if not a Masters.

If you want to advance in your career, and/or start at a higher level, then a Masters will aid that greatly. However, don’t expect it to be a gateway to a top position in a company.

You will start likely in a position, that you may feel is slightly beneath you. Companies want their employees to learn the culture of the firm, which, and through it how to fulfill it’s goals and perpetuate success through proven methods. Companies also want new ideas. It’s a tricky balance.

This doesn’t mean that a MA should accept a secretary position for 22,000 annually. This may mean being the Assistant of the director specializing in one of several of the many minutia of the department. Companies want potential leaders than understand teamwork. They want to know that you understand the responsibilities of leadership with the flexiblity to take direction from your superiors. You’ll make a lot more money with a Masters.

Don’t forget to look into a certification of your chosen field. Certificatations are acquired usually through professional socieities, and are administered either through correspondence or through a University. A certification with a Bachelors is better than just a bachelors. This combo is somewhat rare. Most certifications usually are acquired after someone attains a Masters.

A masters definitely translates to more money. Ambition is up to you.

3

yee8p
What field are you talking about? Some fields offer immediate payoff. Others don’t. My suggestion is to go work for a few years first, then go back for your Master.

The problem with Master is that you would be overqualified for work due to your education, and underqualified for work at the same time due to your lack of experience. At least this is so in the business world. Since you’re asking about Money, I assume this is the route you’re going. (If you’re going into academia, Master could very well have immediate payoff. Also, if you’re going into research, Master could have immediate payoff as a demostration of intellect.)

Anyway, Masters can make a huge difference in pay, but only if it fits with your story. Most hiring manager is not impress with someone, when they ask “I see you went ahead and got your Master, why?” and you answer “no reasons. thought I could get more money.” While that’s the honest answer, it seems just a bit shallow.

The beauty of working first is that you can be certain what field you really want to build a career in. At that time, you can use your Masters to switch field, if need to. Or just to get more specialized.

But at the end of the day, if you have the right mix of experience, a Master can easily double your salary.

2

4 years ago
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maximum universities furnish the two Bachelors degree and a Masters (and a Doctorate or PhD). The bachelor’s is the degree you get from what you may call an undergrad college. this can be the college you may circulate to suited out of highschool or community college. (community faculties furnish AAs or associate’s tiers–that are seen on the job front to be “basically solid adequate.”) A bachelor’s degree is had to acquire a grasp’s. i could decide for the grasp’s if I have been you. you will additionally could desire to take the CBEST in case you like to be a instructor. Even community college instructors could desire to have a minimum of a Masters. i can basically think of what extra is had to coach specific ed. (i will bypass into psychology– the element is phychologist or psychiatrist? One demands a grasp’s, the different, a PhD.) factor is, although you pick determines how lots mobility (or earnings) you have interior the sector.
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