Furthering Your Education and Career with an Online Master’s Degree

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This article will showcase the importance of graduate degrees by establishing a correlation with a better paying job. Furthermore, the article will illustrate that how online masters degree can aid you with professional success and promotion in terms of roles and money with an example of some popular online masters programs.

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Furthering Your Education and Career with an Online Master’s Degree

  1. 1. Furthering Your Education and Career with an Online Master’s DegreeAccording to a survey conducted by Sloan Consortium in 2010, 1there has been a spurt in demand forboth face-to-face and online college degree programs. With the economy slowly showing signs ofsustained, robust growth, investing in college education to secure a stable and well-paying career isperhaps not a choice any more—it has become a necessity.More Education = Higher EarningsBureau of Labor Statistics findings also show that there is evidence that education is directly related tohigher earnings and lower instances of unemployment. According to data published by the Bureau ofLabor Statistics,2 those who had a master’s degree earned more than those who held a bachelor’s orlower degree in 2010. Similarly, the rate of unemployment among those who had completed graduatedegree programs was much lower than those who had joined the workforce with undergraduate degrees.What this data seems to suggest is that more education doesn’t only lead to higher earning potential, butcan also make individuals more employable.So if you want to increase your chances of securing the possibility of a stable and high-paying career,then now is the time to start thinking about online graduate degree programs.But don’t be under the misconception that an online master’s degree is an instant recipe for success;there are a few do’s and don’ts when it comes to choosing online degree programs that could determinehow far you get with them.Choosing Online Degree ProgramsThe first and most important parameter for selecting an online master’s degree program is accreditation.If the school you earn your degree from does not have valid accreditation, then all your efforts will cometo naught.Second, make sure the education path you choose has positive job outlook for the next few years. If thecurrent or projected job prospects don’t look impressive, you could very well be hitting a dead-end aftercompleting your graduate degree program.Third, graduate school can be expensive; it needs to be treated as an investment expected to yield goodreturns. To increase your chances of success, consider an online graduate degree program that yieldshigher starting salaries.Some examples include: 1. Business Administration: It’s still perceived as one of the most prestigious graduate degrees, plus online MBA programs have become extremely popular among full-time professionals looking to increase their chances of rising up the ranks by enhancing their business knowledge and building leadership skills. 2. Healthcare Administration: According to Payscale.com, hospital administrators with a Master of Science in Healthcare Administration degree may earn up to $150,308 per year. 3Now that’s serious food for thought for professionals in this field. 3. Nursing: Nurses are among the most sought-after healthcare practitioners in the country. By pursuing graduate degree programs, registered nurses can look forward to the possibility of rewarding careers as advance practice nurses, nurse educators, or nurse managers.
  2. 2. Sources: 1. sloanconsortium.org/publications/survey/survey05.asp 2. bls.gov/opub/ooq/2006/fall/art03.pdf 3. payscale.com/research/US/Job=Hospital_Administrator/Salary/by_Degree

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