Your professional career has a limiting reagent on it. That reagent is your education level, and if youre trying to get a promotion in these interesting (in the Chinese curse sense) times, any kind of change to your income potential in a positive manner should be evaluated and considered.
One of the best ways to increase your earnings potential is through a Masters degree program. Post-secondary education, particularly in work specialized fields, like Law and Business and Engineering, can be the difference between getting that promotion and pay raise, and being unemployed.
Heres why: A Masters degree demonstrates not just that youve gained an educational attainment, but that you have shown perseverance and a willingness to work. It shows that you can be self directed, and that you can get into a competitive program. And it shows your dedication to the field you got the degree in; its an indicator that youre willing to stick to the field and are committed to it.
Getting a Master degree, especially if youve been in the work force for a while, requires a careful balancing act. You dont have the time to go back to living on campus, and have other commitments as well keeping your current job, maintaining your mortgage, and keeping in touch with your family. Fortunately, there are several good, accredited online Masters degree programs, in fields ranging from jurisprudence to business to hotel management to counseling and education.
Online graduate degree programs have gotten better since the mid 90s. Where they used to be seen as being a step up from diploma mills, now theyre offered by top rank schools, like Harvard Business School and MIT. The instruction is challenging and top notch, and the learning pace can be handled online from the comfort of your own home.
Other avenues for getting a Masters degree include getting accredited for the skills you already use in your job. This kind of work related degree program can extend to Doctorates if need be, though in most cases, it tends to be for gaining an Engineering degree for someone who started out as a shop machinist.
While a Masters degree is not the only requirement for career advancement or career change, its an important one and one that has, statistically, proven to be a real income generator. So look at your Masters Degree as an investment in yourself, and your own income potential, rather than as an expense that you have to shoulder.
Likewise, dont treat a graduate degree as something thats a guarantee you still have to be good at the skills your future employer is hiring for. All a Master degree shows is that you have demonstrated these skills to someone else; it doesnt demonstrate that youll be a good team player or a good fit for the business culture. Even though the Masters degree will help you get a job interview youll still have to win them over in the interview.