Bachelor’s Degree vs. Master’s Degree: A thorough study

May 10, 2021 by

Qualifying for decent jobs requires a degree in hand. In some sectors, associate degrees and certifications can easily help you secure entry-level positions. But, investing in a bachelor’s degree or master’s degree is essential for your career advancement. It doesn’t matter whether you have a 3 year degree or a 4-year degree because both offer short-term and long-term benefits.

You should be well-informed and empowered when choosing a degree program. Let’s dig into the details- the differences, the advantages, and the myths associated with a bachelor’s or a master’s degree.

Dissimilarities between a Bachelor’s Degree and a Master’s Degree

What are the key differentiators of a bachelor’s degree and a master’s degree? Let’s delve deep into the differences based on certain factors:

Prerequisites

While a bachelor’s degree requires a high school diploma or GED, a master’s degree requires a bachelor’s degree along with prerequisite coursework in the chosen field of study.

Average time of completion

Bachelor’s degree can be a 3 year degree or a 4 year one. But, a master’s degree can require any number of years between 2 to 5.

Average cost incurred

Doing a bachelor’s degree in public institutions costs much less than the private institutions, but the exact amount varies from institution to institution. A master’s degree costs more than a bachelor’s degree, but the exact amount depends on the institution you chose to study in.

Coursework

Bachelor’s degree has approximately 120 credit hours, whereas a master’s degree has an average of 45 credits in specialized courses for the degree type.

Which degree is a better fit for you- Bachelors or Masters?

Choosing a degree program is a great deal of commitment. To consider a degree program that is the best fit for you, you should start with your educational background.

You may require a bachelor’s degree program if:

●        You haven’t finished any post-secondary education.

●        You finished college coursework but failed to graduate with a degree.

●        You graduated from a certificate program or an associate degree.

●        You successfully graduated with your bachelor’s degree but desired to pursue a master’s degree in an entirely different field.

If you have finished a bachelor’s degree program, acquiring your master’s degree may be a practical next step when it comes to salary expectations and career advancement.

You may desire to pursue a master’s degree program if:

●        You’re looking to switch careers.

●        You are looking forward to improving your job prospects.

●        You want to get promoted to executive-level positions.

●        You desire to do jobs that require a master’s degree.

●        You wish to upscale by enhancing your industry knowledge.

●        You want to improve your job security.

●        You desire to gain a deeper understanding of your respective field and specialize in specific areas.

These are some of the many reasons for which you may require to pursue one degree over another. You should always consider the total value of any degree and how it impacts your career prospects, in short as well as in the long term, when choosing a program.

Myths about pursuing a bachelor’s degree (specifically in adulthood)

You have to begin from scratch

If you choose the appropriate program, you can conveniently get transfer credit for your past educational experience, and you can also get credit for professional experiences.

You will not qualify for financial aid

You don’t need to be a first-time college student to qualify for financial aid. As an adult, your income determines the eligibility and the amount of aid.

You will have to retake the standardized tests

Most of the institutions have waived such tests for individuals over 25 years of age.

Myths About Master’s Degrees (in general)

A Master’s degree can be done only in the same field as a bachelor’s degree.

If you have completed the prerequisite coursework and have a bachelor’s degree, you can go for any master’s degree.

Getting a master’s degree is not worth the expense incurred.

Undeniably, there exists a substantial monetary investment in getting your master’s. However, you should not just look at the dollar amount you paid for the degree. You should also consider your return on investment.

There’s no doubt that a master’s degree is inexpensive, but what you invest in now will pay off in the future. The master’s degree will prove to be beneficial in securing decent jobs for yourself.

Going back to school is inconvenient.

If you choose the correct program, you won’t have to go through a complicated, elaborate procedure to apply. If you’re concerned about your previous academic performance or taking entrance exams, several online degree programs take more of a big-picture approach when it comes to accepting students.

What you should look for when choosing a degree program?

Suppose you’re a working professional wanting to return to school without quitting your job. In that case, you should look for these vital elements in programs to make it easier to get a degree as well as add educational value.

Transfer credit friendly institutions

Ensure that you get credit for your previous experience because it will help you reduce the time to degree and your education cost.

Flexible degree programs

Online programs make it easier to learn and earn a degree without having to change your schedule entirely.

Interactive coursework

Even if your program is online, advanced interactive learning tools can give you a helpful experience and enable you to create a community with your classmates.

Faculty with real-world experience

Learning from faculty members who understand your industry’s landscape can help you implement theory into practice.

Networking opportunities

Take your experience beyond the concerned coursework by connecting with other highly skilled professionals in the field who can help advance your career.

In the end

Whether you’re pursuing your bachelor’s degree (3 year degree or a 4 year one) or master’s degree, you should make sure that you get the most out of your program.

Before choosing a particular degree, carry out the necessary research and go for the one that benefits you in the long run.

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1 Comment

  1. Lesley Parker

    I wonder if there are any serious affordable online programs that could get you a well-paid job in a good company?