So, you’re thinking about pursuing a postgraduate degree? That’s a great decision!
But with so many different options, it can be hard to know which degree is best for you. You may also wonder if getting a postgrad degree is worth it or not. After all, it takes money and time to pursue it.
However, there are many good reasons to consider getting a postgrad degree. Postgrad can help you move up in your career, give you a competitive edge when applying for jobs, and allow you to earn a higher salary. So you can find a degree that aligns with your career goals. Whether you’re interested in business, healthcare, or something else, there’s a postgrad degree for you. If you’re unsure of what choice to make, consider the following options.
Global management
Studying global management can provide a wide range of job opportunities for you. This major teaches the application of business principles to achieve organizational objectives in a global market. As the world becomes increasingly interconnected, the demand for professionals with such a qualification will only continue to grow.
After obtaining this degree, you’ll be able to work in various business settings, settle disputes between partners, implement plans for international companies, etc. You can work as a corporate recruiter, an international event planner, or a business consultant.
Hence if you want a more comprehensive understanding of different cultures, markets, and businesses, a masters in global management is the perfect choice for you.
Marketing
With the ever-changing landscape of the digital world, marketing is among the most in-demand field to dive into. More than half of consumers find brands through news feeds on social media sites. Because of the growing popularity of online content and advertising, there is a high demand for digital marketing specialists in the job market. Between August 2019 and August 2020, there were 262,103 individual job postings, according to marketing analytics company EMSI.
Some of the most high-paying digital marketing roles include social media marketing specialist, digital marketing consultant, digital analytics expert, and search engine optimization (SEO) manager. With the potential for high salaries and an exciting work environment, it’s no wonder many creative professionals choose to study marketing.
Business analytics
With the ever-growing importance of data in today’s business world, employers are looking for professionals with the skills to analyze and interpret large chunks of unorganized data. And that’s where business analytics comes in.
This major equips you with the technical skills to make sense of the data and solve complex problems. According to the Bureau of Labor Statistics, the annual median wage for operations research analysts was $86,200 as of May 2020. Furthermore, the BLS projects that employment for operations research analysts will grow by 25% between 2019 and 2029, substantially faster than other occupations.
This major will be the best fit for you if you enjoy working with data, have prior programming language knowledge, and desire to study the interface between business and IT-related activities.
Computer science
An MCS teaches advanced computer science topics such as programming, software design, computer architecture, and computational learning theory. This degree can lead to many job opportunities, such as software engineering, systems administrator, database administrator, or web development.
This major can also boost your earning potential. For example, a web developer with a bachelor’s degree can anticipate earning a median salary of $61,000, while someone with a master’s degree can expect to make a median salary of $75,000 in the same position. This amounts to a wage raise of $14,000, or 23%.
Thus, if you have a bachelor’s degree in computer science, you can study for this degree to become a more competitive job applicant or switch from another field to computer science.
Event management
Event management entails planning, coordination, and execution of different types of events. From start to finish, you’ll be responsible for ensuring every detail is taken care of and that the event runs smoothly. According to Payscale, the average income of an Event Manager is $52,775 per year in the United States.
With the ever-growing popularity of festivals and other large-scale events, there’s no shortage of opportunities for skilled event managers.
Public health
An MPH degree teaches you to work with various communities, evaluate public health initiatives, and assist in increasing a general understanding of medical practices. Whether you work in a government or non-profit organization, an MPH can open the door to higher-paying jobs.
The BLS reports that the median salary for health and medical services managers in the US for 2019 was $100,980 per year. The BLS also predicts that the healthcare sector will generate more employment than any other in the next ten years. Therefore, earning an MPH is worth investing time and money in.
Finance
Obtaining a postgrad in finance teaches financial analysis, investment banking, financial planning, and other financial skills. This major can open up various career opportunities in accounting, consulting, investment banking, and more.
According to the survey directed by the (GMAC) Graduate Management Admission Council in 2021, you can expect to earn a median salary of $85,000 in the US once you have your degree. So an MSc in Finance is an excellent option if you want to solidify your expertise and accelerate your career prospects.
Conclusion
There are some things you’ll want to take into consideration while making your decision. What are your passions and interests? What kinds of jobs do you want to be qualified for? What kinds of jobs are in demand in your area? Are there any specific skills or knowledge that are in high demand?
You’ll also want to consider what kind of schedule you’re looking for. Are you willing to put in long hours? Are you okay with working on weekends? How much travel can you do?
Finally, consider your financial situation. How much money can you spend on tuition? Is there financial aid available to offset the cost?
Choosing the best degree for your career goals is a big decision, but if you take the time to do proper research, you’ll be well on your way to making the ideal choice.
