Should you? Well, we’re here today to give you the ins and outs of taking a Master’s Degree; should you wait a few years, or go straight into it after your Bachelor’s? There are lots of questions students ask before they start their postgraduate study, but ultimately, it comes down to you. Are you ready for another educational commitment and of course, the student finance differs to undergraduate study. Whichever path you decide to take, it’s always best reading and googling everything before hand …
What is a Master Degree?
You probably know what a Master’s Degree is, but there’s no harm in breaking it down one more time. It is a one-year qualification which is completed after a Bachelor’s Degree has been gained. Upon successful completion of a MSc Degree, you will be able to go on and study for a PhD. A Master’s Degree is a Level 7 Qualification. By taking a Master’s Degree, you will be looking at a particular subject area of your choice and studying it in greater detail.
What are the differences between a Bachelor’s Degree and a Master’s Degree?
There are quite a few major differences between a Bachelor’s and a Master’s, the key one being that Bachelor’s Degrees are a form of Undergraduate Study, whereas a Master’s falls into Postgraduate study. Undergraduate Study is what you complete typically after school or college, but can of course be done at any age, whereas a Postgraduate Course is completed once your 3-4 years of Undergraduate Study is completed. A Master’s degree can be done at any time, but you will need an Honours Degree (or equivalent) in a particular subject to be accepted onto your chosen course.
There are a few other differences between Undergraduate and Postgraduate study, such as:
- Level of Knowledge and Expertise: A Master’s Degree offers a deeper insight and analysis of your chosen subject.
- Assessments: The way you are assessed within a Master’s Degree slightly differs as you may be expected to produce longer essays.
- Duration: A Master’s Degree is only one year, whereas a Bachelor’s can be 3-4 years.
- Student Finance: Many Postgraduate Degrees have higher financial fees, its best to check the Student Finance England Page for all the accurate information.
What are the Benefits of taking a Master’s Degree?
Naturally, we like to look at the advantages and disadvantages of particular things before we commit to them, and it is no different when it comes to studying. Before taking a Master’s Degree, or any form of Postgraduate Degree, you will want to read about the benefits to make sure it’s really what to you want to do, which is why we have a little list of the benefits of taking a Master’s Degree:
- Specialist Knowledge: As we have mentioned above, a Master’s Degree gives you a better and deeper understanding of your chosen subject area, which in turn demonstrates your commitment to your subject. This means you will be of interest to future employers as you will possess a greater level of expertise, which takes us onto …
- Improving your Career Prospects: Many employers now look for some form of Postgraduate Study. The skills and experience gained during your postgraduate study will ensure that potential employees give your CV careful consideration.Further study will also improve your chances of getting a highly-skilled job. Research shows that 78% of postgraduates are in high-skilled work within 6 months, compared to 66% percent of undergraduates, demonstrating the added value a Master’s degree programme can add to your employability – a great statistic to keep in mind!
- Higher Earning Potential: Master’s Degrees also give you the chance of Higher Earning Potential. Postgraduate study will give you the opportunity to progress through your field of work quicker especially in areas such as business, engineering, education and healthcare.
- Gain a Qualification: And lastly, after an intense year of hard work, you will be able to add Master’s to your qualification list!
When should I do a Master’s?
The question many people ask is ‘When should I do a Master’s?’. Although there are many factors you will need to consider, the decision is ultimately down to you. But here are a few points you might want to consider if you want to study a Master’s right after your Bachelor’s Degree:
- You’re younger, with more energy, which means you will be able to pick up from the high of graduating from your Undergraduate studies.
- You can have a clear view of your future; you’ve completed your Bachelor’s, and now you know that you want to study a particular subject area and find a career within it.
- You can study within your own generation, you may just find yourself with the same individuals from your Bachelor’s studies.
However, are you thinking of completing a Master’s Degree later in life? Here’s why it might just be beneficial to do so:
- You’re more experienced; this simply means that you have had time to gain work experience and have a set career path.
- You know what you’re looking for, after all those years of working, you will have a clearer mind on what subject you wish to gain a deeper level of knowledge in.
- You may be more financially stable, as you may have been saving over a number of years, you will be able to self-fund your studies!
No matter when, taking a Master’s Degree is your choice, whether it’s later in life or straight after your Undergraduate Studies, there is no right answer. Complete it as and when you wish!
At Regent College London, we offer three great Postgraduate Programmes, why not have a quick read of them here.
Is it worth doing a master’s degree? | Should I do a master’s degree