When finishing a university degree, the majority of the students consider three options: to look for a job, to be self-employed or to continue forming. When you choose the third way, the most common is to enroll in a master. In fact, the masters are the maximum exponent of the partialization of knowledge that our society lives. In other words, the degree serves to acquire generic notions; the master’s degree, to specialize.
In addition to specialization, there are other important reasons why students access to second cycle studies. For example, the idea that through a master they will find work before. In the same line, there are those who argue the possibility of making contracts or accessing a higher salary.
Seen this way, masters seem the panacea of the training and work world. And it is true that several studies indicate that candidates with a master’s degree have a better insertion in the labor market.
However, you have to calibrate all the pros and cons. Typically, students with a master’s degree have brighter academic records and more financial resources. Therefore, the master’s degree is not the only factor to be taken into account when analyzing employability.
Does this mean that studying a master’s degree is useless? Absolutely. Rather, it means that enrolling in a master’s degree must be a thoughtful decision. That is, a tool to reach a certain objective. It is not a matter of satisfying our ego and feeding titulitis. In this post, we analyze the real usefulness of the masters. Take note and invest your money knowingly!
Does something make a master’s degree?
To choose a master that is useful to us, we must distinguish between three types of degrees:
- Official Master These are the master’s degrees that are recognized throughout the European Higher Education Area (EHEA). They serve to access doctoral studies and usually score in oppositions and job exchanges.
- Own title. These are postgraduate degrees issued by a specific university. They do not have official status and do not allow access to postgraduate studies, but they can score in certain job boards. In addition, they serve to accredit a certain specialization in our curriculum.
- Qualifying Master They are a type of official master’s degree, mandatory to practice a certain profession. For example, the Master’s Degree in Teacher Training, the Master’s Degree in Access to Advocacy or the Master’s Degree in General Health Psychology. As they are compulsory masters to practice, they do not score neither in oppositions nor in work exchanges.
- The key to deciding: do not study a master because you
To fight the titulitis, the key is to be clear why our decisions. We can study a master for different reasons:
- Are we interested in working in a profession that requires a qualifying master? If so, we look for the best option (in person or online) and face it as a fifth year of career.
- Do we want to present ourselves to oppositions? In this case, we look for a master that interests us for content and that at the same time score to access the square.
- Are we going to do a PhD in the future? Well, we are looking for an official master’s degree that accredits us for it. We must bear in mind that, depending on the discipline, there are one or several options. For example, in the area of the humanities there are usually Master’s degrees in Advanced Studies.
- Do we want to start our own company? Normally, the most viable option for entrepreneurs and future entrepreneurs is the Masters of Business Administration (MBA).
- Do we want to specialize or change jobs? At this point, it is important to be clear that a master’s degree can help improve the job, but the change is not automatic due to the fact that it has been completed. In other words, the best thing is to prepare yourself to the maximum and get the most out of the training without creating false expectations.
- Are we going to take a master’s degree for personal pleasure? Many people decide to study a master’s degree for pleasure or personal enrichment. In this case, the expectations change according to each student. Thus, it is more difficult to elucidate if the master has served for something or not.
What elements influence the price of tuition?
Finally, before making the investment, three factors that directly affect the price must be taken into account:
- Scope of study. The price of tuition can change depending on our discipline. For example, a master’s degree in humanities is usually much cheaper than an MBA because of supply and demand issues.
- Type of university. While the prices of the public university are also high, they are much more affordable than those of the private university.
- Modality of study. Online masters tend to be more expensive than classroom ones because they facilitate most materials. However, they imply an important saving in displacements.
- Now is your turn! Why have you decided to study a master’s degree?