Student Michael Hsu recently discussed the importance of pursuing a master’s degree in the modern economy.
A master’s degree solidifies a person’s expertise in a field. Student Michael Hsu understands that obtaining such a degree can be arduous yet doubly rewarding. He recently discussed the benefits of pursuing a master’s degree in the modern economy.
“A master’s degree can take a career in an entirely different direction,” Hsu said. “That direction often includes superior financial success, respect among colleagues, and more opportunities to reach the top.”
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A Secure Career
Many students pursue a master’s degree because they plan to seek a particular career position or want to hold onto the one they have. The global marketplace is highly competitive, and a master’s degree can be what sets one candidate apart from another.
Hsu explained that a master’s degree might also open more career opportunities. A recent study cited by the New York University Graduate School of Arts and Science stated that the number of jobs requiring a master’s degree increased by 20 percent from 2006 to 2016. That percentage is continuing to rise.
Employers are often so determined to have master’s degree holders on their team that they set finances aside to help pay their students’ partial or complete tuition. Employees who show they can pursue a master’s degree and achieve this impressive goal show they can bring a lot of determination, intellectuality, and countless other skills to the workplace.
A Personal Achievement
Michael Hsu added that obtaining a master’s degree is not just professional — it’s personal. Pursuing this degree undoubtedly sharpens a person’s education. It also allows individuals to contribute more to their careers and communities outside the classroom.
Pursuing a master’s requires commitment, prior knowledge, a unique skillet, time management skills, and countless other capabilities and traits. These traits can help an individual become a superior innovator, leader, and problem solver.
Financial Incentive
There’s no denying that many students pursuing master’s degrees are hoping to increase their annual earnings. A survey from the U.S. Census Bureau showed that people holding graduate degrees make roughly $12,000 more per year than those with bachelor’s degrees.
The difference between the salary for a master’s degree holder and a bachelor’s degree holder is roughly 30 percent. That increase can severely impact an individual or family’s financial circumstances.
Michael Hsu and Continuing Education
Michael Hsu is currently completing all the requirements for his master’s degree. He explained that he is pursuing the degree to offer himself more occupational opportunities. However, getting a master’s degree is his lifelong goal, and part of his incentive is to prove to himself that he’s capable of achieving such an admirable feat.
