Why Purse a Master’s Degree Essay Example
Why Purse a Master’s Degree Essay Example

Why Purse a Master’s Degree Essay Example

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  • Pages: 4 (1094 words)
  • Published: September 30, 2017
  • Type: Essay
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As a result of the fierce competition in the employment market, many people choose to pursue a master's degree after finishing their undergraduate studies.

Although I have aspired to obtain a master's degree for some time, changes in the job market have revealed that without this advanced degree, I may not be desirable to prospective employers. While there are varying opinions on whether a master's degree is valuable based on an employer's recognition of higher education, pursuing one can bring about various advantages such as personal achievement, career change prospects or increased earnings. This article seeks to investigate my reasons for wanting to pursue a master's degree and how it would provide me with the necessary credentials for advancement or transitioning careers which may be impossible with my present educational background.

Previously, employers mandated a bachelor's degree for corporate applicants; however, they

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now seek life experience and a master's degree. The demand for management degrees has surged due to a robust economy, resulting in an enhanced market for MBA holders. This substantiates that possessing a master's degree enhances my marketability, particularly as only few individuals hold one in the US, providing me with an edge in job competition (Porter, 2006; Kaplan, 2008).

According to Jane Porter (2006), employers are increasingly considering hiring MBA candidates due to their managerial and team experience. This suggests that higher education is highly valued by companies, leading to increased opportunities, compensation packages, and chances for promotion. In 2007, Radford noted that an advanced degree can provide a better professional network and insights into working practitioners, while also expanding knowledge in specialized areas and improving performance both professionally and personally.

By pursuing a master's degree,

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I can build upon the knowledge acquired during my bachelor's studies. As someone with high conscientiousness, advanced education is crucial for strong job performance and recognition. Obtaining expertise and credentials will demonstrate dedication to the job. Furthermore, according to Jungian's Personality Assessment, my organized nature and eagerness to learn new skills make me suitable for management positions - qualities highly valued by employers.

According to PayScale.com, obtaining an MBA usually results in a greater income across various fields. Median salaries were determined based on the number of years of experience for individuals possessing a Bachelor of Business Administration (BBA) versus those with an MBA. Those with an MBA earned around $20,000 more than BBA holders with equivalent experience. The tables below show the specifics of median salaries by years of experience per degree within the United States. Though increased earnings are a significant advantage in acquiring an MBA, it is crucial to acknowledge that there are numerous other advantages as well.

Frederick Douglass believed that a college education provides immeasurable enrichment to life and empowers an individual. Personally, I have aspired to earn a master's degree for some time. Although I had contemplated pursuing it immediately after completing my bachelor's, I opted for a pause in academia to gain corporate experience. Eventually, after accumulating eight years of professional work experience, I decided to pursue my goal.

Realizing my employee’s tuition reimbursement policy for a master’s degree program was a win-win situation for both me and the company. I believe that if the company is willing to invest in my education, it quietly endorses the value and expectation of a master’s degree for high-level professionals, resulting in self-assurance and

a collective resource of knowledge, effective decision-making skills, and required skill sets for personal and professional success (Gary Radford, 2005). Obtaining a master’s degree will provide me with a sense of future employment security and enable me to attain qualifications that I may have missed earlier in my education. My decision on which school to attend heavily influenced my choice.

After contemplating for a significant period of time, I eventually considered both online and classroom formats and decided to speak to the enrollment counselor at the University of Phoenix. Upon learning about the learning environment, I became enthusiastic about opting for online courses as it provided the necessary flexibility to maintain a balance between work and life. Moreover, communicating with diverse individuals allowed the opportunity to discuss experiences and gain invaluable knowledge that can't be learned from textbooks or a conventional classroom setting. It is evident that pursuing a master's degree is a beneficial investment.

Despite the daunting investment of time, dedication, and money required to complete a degree, the benefits make it worthwhile. These advantages include increased achievement, expanded social networks, new career opportunities, and enhanced skills. All these factors have confirmed my decision to pursue higher education. According to Dr Bruce Lewis, obtaining a master's degree can be personally fulfilling and professionally enriching as advanced education enhances an individual's ability to help their family and community while achieving personal goals.

The more education one obtains, the greater their career options become. To determine if pursuing a master's degree is right for you, ask yourself these questions: 1) Do I want greater marketability in my career? 2) Am I seeking a higher income? 3) Would increased

self-confidence benefit me in the workplace? 4) Do I wish to improve my existing skill set? If any of these apply to you then pursuing a master's degree is worth considering.

The demand for MBA programs has risen, as reported by The Daily Pennsylvanian on May 7th, 2008, according to Rebecca Kaplan.

The source "Lewis, Bruce. (2002)" can be accessed at http://teach.fhu as of May 9, 2008. The available content is contained within the

tags.

BusinessWeek received the forecast titled "MBA Hiring Up Again" from Jane Porter in 2006, as obtained on May 8, 2008.

According to O.P John, in L.A. Pervin's book, "The 'Big Five' Factor Taxonomy" explores the dimensions of personality in both natural language and questionnaires.The text states the citation for the book "Handbook of Personality Theory and Research" by the Guilford Press in New York, published in 1990 and located on pages 66-110. Additionally, it mentions authors D.L. Formy-Duval and J.E. Williams.

J. Patterson and E. E Fogle authored a paper titled "A 'Big Five' Scoring System for the Item Pool of the Adjective Check List" in the Journal of Personality Assessment, Volume 65.

Radford's work is cited as Radford, Gary. (2007). 1995, pp. 59-76.

The table showing the median salary by years of experience for Master of Business Administration (MBA) degree holders in the United States was obtained from www.fdu.edu on May 7, 2007. The source of the table was PayScale.com and it was retrieved on May 7, 2008. The and their contents were maintained.

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