What Is a Graduate Degree?

What Is a Graduate Degree?

If you have your undergraduate degree and are looking to take your career to the next level, you may consider getting a graduate degree. There are many different universities and programs you can choose from. Some are even 100 percent online! So, what is a graduate degree and why is it important?

Graduate degrees consist of master’s and doctorate degrees. You must have an undergraduate degree in order to participate in a graduate program. Whereas, undergraduate coursework is typically general in nature, graduate coursework is very specific and particular to one field of study. The length of the program varies by institution, but most can be completed in two to three years.

There are many reasons to get your graduate degree. It is important to stay marketable. While a this degree is not a necessity for many entry level positions, in certain industries it is a must to obtain higher level positions with more authority. Going back to school can ensure you keep your training and skills up to date with current trends.

Another benefit is compensation. Those with these degrees typically earn more than those with a bachelor’s degree. On average, those with a master’s degree earn $62,000, and those with a doctorate earn $89,500. This varies by industry and position, however.

Whether you are just completing your undergraduate degree or have been in the workplace for many years, getting a graduate degree can help you advance your current career or begin a new one. With a little motivation and ambition, remember you can attain this level of degree in as little as two years and have a larger impact on your future earnings.