1. More employable
A 2018 report revealed that at 76.5%, the proportion of postgraduates employed in high-skilled roles exceeded that of graduates (65.4%) and non-graduates (22.9%). The margin between undergraduates and postgraduates suggests that having a Masters could lead to a better and a higher paid first role.
2. Higher salary
Research suggests that a Masters degree may do more than improve your job prospects. Studies appear to show that people with postgraduate degrees tend to earn more:
- A 2022 report by the Higher Education Policy Institute (HEPI) suggests that postgraduates earn on average 18% more than first degree holders, 6 months after graduation
- A 2021 report by the OECD found that the earnings advantage for a Masters or PhD holder over someone with a high school education is 95% (compared with 45% for a Bachelors graduate)
3. Higher qualifications are forever
After completing a Masters degree, you will always have it. It will always be on your CV, and your educational history will reflect upon you well. Until you have enough of the right work experience, you will always be expected to show off your educational background for job applications - and yours will always be more impressive.
4. Proven ability to shine
The ability to think laterally, self-motivate, adhere to deadlines and effectively manage your time is a true testament to your studies. You might not even realise how much of a different person you are from the first day of university, but you are; that extra year will help you improve your skills and grow as a person.
5. You have ambition
Ambition is often claimed by graduates within job applications, but proof is hard to come by if you've not yet entered the working world. Yet your diligence in completing another year of university, especially after many of your peers have moved away, really demonstrates your thirst for learning and progressing within your field.
No.7 in the UK (no.40 in the World)
for Masters in Finance
No.8 in the UK
for Masters in Management