Brandeis Online
Why master's degree-holders earn more, on average
It's common for our students to pursue a master’s degree for a range of reasons: rising to a pre-set education barrier, providing additional experience for a promotion, updating your knowledge to current industry standards, specializing your skillset, increasing earning potential, and more. All of them have the same goal: knowledge, career and financial GROWTH.
Starting out, the median income for those with a master’s degree is $86,372, which is over twice as much as high school diploma holders and 16% more than those with only a bachelor’s degree. Plus, with a national unemployment rate of 4.3%, master’s degree holders have an unemployment rate of 1.9%.
Employers value professionals with specialized skills that a master’s program provides, which makes all the difference when it comes to your earning potential, job security, and opportunities. It makes sense. Completing a master’s degree shows that you’re committed to learning more about your industry, investing time and energy into expanding your skills, and broadening your overall knowledge.
According to Forbes, over 87% of companies are currently facing a “skills gap,” with employee skills not matching the market’s needs. In order to prepare for future industry, companies need to expand their knowledge of upcoming trends and technologies, which starts with advanced degrees and certificates. Employers are eager to hire professionals who consider themselves to be lifelong learners, willing to continuously train for industries of the future.
Why Brandeis Online?
At Brandeis University, academic rigor is at the core of everything we do. Our online programs are crafted by esteemed faculty who are experts in their fields, ensuring that you receive a world-class education that is both intellectually stimulating and professionally relevant.
Current students and graduates of Brandeis Online have leveraged their degrees to increase compensation. In fact, students in Brandeis Online averaged a 25% pay increase 6 months after graduation, ranging from raises, promotions, and career-field changes.
So whatever your career goals are, whatever compensation you’re after, Brandeis Online can help build the professional skills you need to achieve your goals.
To learn more about the benefits of an online master’s degree or certificate program through Brandeis Online, please visit our website.