The Master’s degree:
So, you have decided that your Bachelor’s degree won’t fetch you your dream job and the luxurious life you’ve always wished for. Considering higher education (master’s) to have an edge over others? But are you really convinced if it’s the right decision for you?
If you still are in a dilemma, here are a few things you should keep in mind.
- Be absolutely sure about taking up the major.
The first thing you need to ask yourself before going for a master’s degree is whether you really like the major you have opted for. Does the field of study interest you and motivate you to work hard towards achieving your dreams? Understanding the reason behind choosing a particular career path helps you remain confident about your decisions.
- Do you have plans to launch a startup company later on?
You might really be interested in the course and the subjects your major offers. But that doesn’t necessarily mean you are good to go ahead. If you already aspire to take up entrepreneurship and start something on your own, pursuing a master’s degree might not always be the best idea. An online course or two to understand the nitty-gritties about the important aspects of a startup might be the wiser option.
- Will your choice of course be lucrative in the next 3-5 years?
Agreed, that one shouldn’t always opt for a branch with a great ‘scope’. But when you invest so much in your education, there’s a huge chance you have student loans to be repaid. With interest compounding over a period of time, you need to have a job which provides you with a hefty pay cheque. For that to happen, spend some time to understand the skills that could help you become successful some years down the line.
- Are the expenses worth it?
There are many great schools with stupendous reputations behind them. People would give away anything to study there. Even if you study in one of such schools, please be sure about the investment that goes into them. Simply put, is this grad school really worth the money? It might give you the same degree as some other college, which is light on your pocket. Yet you should probably pick the cheaper (read, less expensive) option in this case. It might be equally good for you.
- How good is the location?
One of the most important factors to be considered while selecting a grad school is it’s location. It has been observed time and again that an average school at a great location is better and more likely to land you that internship / job than a great school at an inconvenient location.
- Are you checking the college ranking or the department ranking?
Ranking is something every candidate checks out. It validates how good or bad a school is. However, it shouldn’t be given too much of an importance. Having said that, if at all you need to compare multiple schools on the basis of their ranks, check out their department ranks over the school ranks. After all, the department is what matters in the end.
- Consult teachers and peers before taking decisions.
Deciding on the right school is a daunting task. Initially, one might have no clue about how to proceed as everything is vague. At any stage, if you think you might go wrong, take advice from people already pursuing their Master’s in that particular field. Their thoughts on grad school selection might give you a new perspective altogether.
So, if you feel you should opt for that lucrative Master’s degree, go for it with all your heart and soul. After all, it’s your passion that gets you through the finish line.
This was all you needed to know about the master’s degree.
Good Luck 🙂