How a Master's Degree Can Boost Your Career

Are you thinking about getting a master's degree? If so, you're in good company. Millions of people around the world pursue master's degrees each year. And it's no wonder why — there are countless benefits to earning a graduate degree in today's workplace.

In this article, we'll cover the benefits of having a master's degree, starting with how long it takes to complete a program.

How Long Does it Take to Get a Master's Degree?

The time it takes to get a master's degree varies depending on the program. Most master's programs take one to two years, but some can take longer.

How long your program will take depends on various factors, including:

• The number of credits you need to complete: The number of credits required for a master's degree can vary from program to program, but most require between 30 and 60 credits.
• Your course load: You can take a full course load (12-15 credits per semester) or a lighter course load (9-12 credits per semester). A full course load will get you through your degree more quickly, but it'll also be more demanding.
• Your work schedule: If you're working while in school, it'll take longer to complete your degree. But it's possible to do both!

Types of Master's Degrees

Here are some of the most common types of master's degrees:

• Master of Arts (MA): This degree can help you develop your research and critical thinking skills and lead to teaching, research, and writing careers.
• Master of Science (MS): This degree can prepare you for research, engineering, and industry careers.
• Master of Business Administration (MBA): This degree is designed for students pursuing careers in business management and leadership roles.

If, after reading this shortlist, you're still wondering, "How will a master's degree benefit me?", here are six benefits of having a master's degree:

Career Advancement

One of the most common reasons people pursue a graduate degree is to advance their careers. Earning a graduate degree can increase your chances of getting hired in a competitive job market and allow you to step up at your current job or move into a higher-level position.

Some say the master's degree is the new bachelor's degree, as the unemployment rate for workers with a master's degree is significantly lower than those with only a bachelor's degree.

According to data from the Bureau of Labor Statistics, 2.6% of people with a master's degree were unemployed in 2021, compared to 3.5% of those with just a bachelor's degree.

¹Based on data available as of Friday, November 9, 2024, from the Bureau of Labor Statistics, U.S. Department of Labor

Not to mention, in some career fields, a graduate degree is often a requirement for advancing beyond entry-level positions.

Increased Earning Potential

With career advancement comes the potential for increased earnings. According to some data, the earnings increase from a bachelor's level to a master's level is around 20%.

The median master's degree holder earns $1,545 weekly or $80,340 annually. This is compared to the weekly average of $1,305 and annual salary of $67,860 for bachelor's degree holders.

Leadership Skills

A graduate degree can help you become a more effective leader, regardless of your career goals. Suppose you are a Christian leader or involved in ministry. In that case, a graduate degree can provide you with the knowledge and skills necessary to lead a congregation or organization with competence and confidence.

Many graduate programs offer courses that explore the intersection of faith and work. This can help you grow in your faith and learn how to apply your Christian beliefs to your leadership role.

For example, at DBU, students in the Ministry Fellowship Program can earn an Advanced Certificate and transfer those courses into a Master of Arts in Ministry degree program. This will allow them to deepen their understanding of Scripture, theology, and leadership principles.

Networking Opportunities

As you get older, you will quickly learn that the more connections you have, the more opportunities come your way.

A graduate degree can be a great way to expand your professional network. When you're in a graduate program, you'll have the opportunity to meet people from all walks of life who are interested in the same things as you. These people can become valuable contacts in your field, helping you to find jobs, get promotions, and learn about new opportunities.

Christian Ethical Foundation

At DBU, we integrate faith into education. A graduate degree from DBU means you're gaining professional skills and nurturing a solid ethical foundation rooted in Christian values. This equips you to make moral decisions that positively impact your workplace and community.

Every aspect of DBU is designed to help you succeed and grow as a person, both personally and professionally. Our faculty and staff will help you understand the biblical basis for Christian ethics and how to apply them in your work and interactions with others.

A solid Christian ethical foundation is essential for making a difference. By integrating faith into education, DBU is committed to helping you become a more honest and compassionate leader who will positively impact the community and beyond.

Improved Critical Thinking and Problem-Solving Skills

Graduate programs often challenge students to think critically and solve problems. This can help you develop the skills you need to be a top-notch leader, make intelligent decisions, and overcome tough challenges.

These skills are highly valued in today's workplace, where complex problems and rapid changes require sharp minds who can think on their feet and find creative solutions.

The Bottom Line

If you're looking for a way to get ahead and make a real difference in the world, a graduate degree can be an excellent investment and a stepping stone to success. DBU offers various graduate programs that can help you achieve your goals and make a meaningful impact in your chosen field.

"Whatever you do, work heartily, as for the Lord and not for men, knowing that from the Lord you will receive the inheritance as your reward. You are serving the Lord Christ." - Colossians 3:23-24 (NIV)

This verse reminds us that we should always work hard and do our best, not for the praise of others but for the glory of God. When we do this, we can be confident that God will reward us for our efforts.