PLANS & PRICING
One of the biggest questions that haunts recent graduates is whether to continue education with a Masters degree or to get some work experience. Read on as we weigh the pros and cons of each:
Being in the flow of studying, lectures and exams, pursuing a masters right after college would be easier. You would be familiar with the application process, the study culture and student life.
Enrollments for masters programs are usually higher during economic recessions when the availability of jobs is also low.
If you are interested in fields such as STEM, Law etc, it might be worthwhile to study more and find a niche for yourself in the competitive industries.
Likewise, a specialisation may allow you to demand a higher pay when you enter the job market.
Before pursuing a masters, make sure you understand what field you want to go down. This can be done by exploring various career paths and trying a few different jobs before you go to graduate school.
There are obvious cost benefits to postponing a masters degree. There are several considerations such as whether to study abroad, to go to a private or public university, to study online, to take on a student loan and so on. These stressors can be minimized by working for a few years and saving up.
Gaining some work experience before applying for a masters would also increase networking opportunities that may come in handy once you complete your masters and are looking for a stable job. This also may allow you to command a higher starting salary.