Why a graduate degree?

Essay by mozo55University, Master'sA+, January 2004

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"Why a Graduate Degree?" 1

"Why a Graduate Degree?"

It is undoubtedly that today's world it much more competitive than it was before. These days, even with a Bachelor's degree, most people still struggle to find a career that suits their interests. By returning to school as a graduate student, you're investing in your future. A graduate degree allows one more opportunities and usually a better salary than does a Bachelor's degree. People often pursue a graduate degree for several important reasons. Most commonly, the first reason is the capacity for better earnings. Also, they wish to develop additional expertise in a particular field to enhance their opportunities for career advancement.

I believe that for anyone to seek graduate education, he or she must be deeply interested in a particular subject and wish to study it in depth. Although pursuing a graduate degree, especially the MBA is costly to obtain, its benefits are clear.

In today's market and with the current status of our economy, the advantages of a graduate degree are becoming more evident. According to the 2002 Graduate Management Admission Council (GMAC) Corporate Recruiters Survey, people who hold a graduate degree earn more than those who hold an undergraduate degree. What is more interesting about these findings is that those who hold an MBA, on average earn more than people who hold other Masters degrees. Recruiters report they are offering an average base salary of $75,000 to individuals with MBAs. By comparison, recruiters say they're offering about $50,000 for holders of other post-graduate degrees, and $41,000 for those with undergraduate degrees. In addition, 69 percent indicate they will offer signing bonuses to MBAs.

"Why a Graduate Degree?" 2

I believe that a graduate degree will not only provide a better understanding of my chosen industry...