Benefits of Earning a Master’s Degree in Today’s Job Market

It’s 2020. Unemployment across the country is at an all-time low. Readily available information and global networking are available in the palm of your hand. Technology is flourishing and job advancement opportunities are rapidly growing. So, why would you need a Master’s degree in today’s job market?

  1. Learning is a lifelong process. Lifelong learning cultivates personal development, self-sustainability, social responsibility, and credibility. Every year, industries are rapidly growing with the increased use of technology and networking capabilities. Change within your industry is inevitable, and in order to maintain that momentum, those industries will be looking for leaders to not only keep up with that pace but also establish authority in it as well. That leader could be you!
  2. Broad knowledge, as well as specialized knowledge, is desired by employers for career success. When looking into specific master’s programs, you will want to understand if their program is focused on practicality or do they have a theory-based curriculum. Companies look for learning agility. As noted in the first point, learning is a lifelong process, and the potential of a company’s future resides in the people they hire. Be versatile in offering both critical thinking skills with real-world experience and intellectual skills that are specific to your market! 
  3. In order to increase your earning potential, career advancement, and career flexibility, you need to have higher education under your belt. The top graduate programs that are in demand are Business (MBA), Education, and Health Services. For example, according to the U.S. Bureau of Labor Statistics, “Employment of healthcare occupations is projected to grow 14 percent from 2018 to 2028, much faster than the average for all occupations, adding about 1.9 million new jobs. Healthcare occupations are projected to add more jobs than any of the other occupational groups. This projected growth is mainly due to an aging population, leading to a greater demand for healthcare services.” You could be the one to fill this critical need in leading an organization to new heights!
  4. Building an online network is important and an added bonus of Master’s programs. Folks can attain jobs without ever meeting their executives in person, you can engage in worldwide meetings in real-time with the click of a few buttons, and you can encourage enhanced business partnerships without ever touching a fax machine. Within specific niche markets, it is often best to know someone within that work-place in order to garner attention to a submitted resume or to establish a business to business relationship. With online graduate programs, your ability to build a rapport with individuals within your niche across several markets is not only important but so valuable to your growth and the growth of your business endeavors. Your growth as a person will be enhanced by the growth of others. What an amazing opportunity!

All in all, a master’s in specific industries, is an absolute necessity. In others, it means upward career mobility, with the better pay that comes along. Make sure you have a good grasp of where you want to go with your career life or find an experienced mentor that can help guide your internal conversation. If you have questions about an online Master’s in Health Services Administration, please consider reaching out to Alyssa at Asuderma@uwyo.edu.