4 Most Popular Master's Degrees | Types of Masters Degree

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Types of Master’s 
 Degrees

Types of Master’s  Degrees

Approximately sixty years ago, a person could get by in their life and be quite successful with just completing a high school diploma. And thirty years ago, most of the people were satisfied with just having a bachelor’s degree and found the perfect job market to be quite welcoming. In today’s world, the competition in the job market is much stronger than ever, and many of the people are striving to earn the graduate degrees that will bring the persons with higher salaries and set them apart from the others just starting out in the industry. In addition to it, more of the corporations are demanding that the employees earn a master’s degree to make them eligible for hire in any of the companies. According to the latest U.S. Census data, there are more than 21 million people in the U.S. that hold a master’s degree. That’s approximately 21% of the adult population (25 years or older) and there is an increase of 22% from 2000. In fact, the master’s degrees in today’s world are now as common as the bachelor’s degrees were in the 1960s; in 1970, only 200,000 people held a master’s degree. In other words, it can be said a master’s degree is the new bachelor’s degree. A person can even study abroad and obtain a master’s degree.

 

So, why there is a sudden increase in these degrees and why should a person be interested in getting one? Well, the one thing, consider the bump in the salary. According to the recent U.S. News & World Report, there are more than 70% of the people who choose to pursue a master’s degree in their interested field because of the potentially increased salary. Let’s face it, all the person all wants a great life with a big pay check and also a comfortable retirement and future. A lot depends on the major that a person chooses, but most of the firms also pay a good amount more to those who are with a master’s degree as compared to those who have a bachelor’s degree or less.

 

 

#1. MBA or MASTER’S IN FINANCE or FINANCIAL MANAGEMENT

 

 

For those people who are driven to make money and take control of their future, getting a master’s into the business and finance field who will make them an asset to any of the corporations. An MBA degree that a person has obtained can even give a person control of their own corporation if they decide to build one. One of the study options that are available to business majors is the entrepreneurship and how to build a company (that is more info on getting a degree in entrepreneurship is below). An MBA and a master’s in the field of finance are, without a doubt, ideal for the graduates who are motivated and also want to work hard to make their penny. According to the Bureau of Labor Statistics, the average income for a financial analyst in a good company is approximately $85,000 per year, and there are many jobs in the industry of finances that pay more amount. These are available only when a person gains more work experience. The job outlook in the field of finance, moving forward, is only growing, with an expected 5-20% to increase over the next 10 years that depends upon the position

 

 

#2. MBA in COMPUTER SCIENCE

 

 

With the advancement of technology taking off to the levels that never before thought possible, the demand for computer science (CS) majors is growing year by year. A person is being given the knowledge to develop, program, and analyze their computer information makes CS students an asset for any of the company. The students who are CS graduates can pursue a career in any of the industry, and that too with large growth and large demand that comes with the large paychecks. According to the Bureau of Labor Statistics, a computer and information scientist with a master’s degree can make upward with an approximate of $118,000 per year. Most of the persons who are with bachelor’s degrees take on the jobs as IT specialists, but a person with a master’s, a person is qualified to look for a job as a computer and information systems manager that makes the person in a position that makes an average of $143,000 per year. The reason behind this increasing pay is the demand for computer specialists. According to the reports the expected job outlook for the computer technology positions is expected to grow anywhere from 10-20% in over the next 10 years. There are some other positions in the computer science field that includes data science specialist, software engineer, systems architect, mobile application developer, and machine learning engineer, all of which typically earn an approximate of $100,000 per year with a master’s degree. These are one of the undoubtedly that one of the jobs that every company needs, so for those people who enjoy working with the computers and who have the skills to excel in their coursework and field, the CS is one of the perfect major that one will yield a great life and their career.

 

 

#3. MATHEMATICS

 

 

The person who says that a person doesn’t need mathematics in the real world? Earning a master’s degree in the field of mathematics is one of the most beneficial degrees that a student can pursue and among the most rewarding. Some of the most successful people in the whole world hold graduate degrees in the field of mathematics that includes the founder and CEO of Netflix, Reed Hastings; Google co-founder Sergey Brin; former Microsoft CEO Steve Ballmer; and retired astronaut and Air Force Col. Eileen Collins. According to a recent report, a majority of that person who is able to earn an advanced degree in the field of mathematics end up in the positions as investment accountants, actuaries, analysts, statisticians, operations research analysts, and postsecondary mathematics teachers. The careers fed by the major pay that are extremely well. For example, an actuary can earn an average of $102,000 per year, according to the recent report and operation research analysts can earn close to the $84,000 per year.

 

 

#4. MASTER OF MARKETING

 

 

A master of marketing degree often means that there is free access to some of the nation’s biggest concerts, events, and travel expenses that are paid by the company to all parts of the country. Do I have the attention yet? Good. Yes, if the person is successful enough and gets into an area that focuses on the field of the event marketing, then some of the things listed above may come true, but first things first: a person has to put in the work. They will get to that shortly.

 

 

There are so many things that a person can do while a person has a master’s degree in the field of marketing. The coursework of the marketing teaches the marketing students how to create integrated marketing campaigns that have some clear objectives that reach their targeted audiences and also delivering positive results.

 

 

There are many other Master Courses that a person can pursue according to their field of interest. It depends upon the person that in which field they want to pursue master.

 

Comment (1)

  • DEEPAK VERMA
    DEEPAK VERMA
    24 Feb, 2020

    i would like to ask MD Physician. please describe ?

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