Benefits and Risks Associated with a Postgraduate Study
The decision of pursuing a postgraduate degree/ course never comes easy. Even though it enhances your career prospects and promises you an exciting future ahead, it demands a huge commitment, a lot of time and resources.
When it comes to deciding between postgraduate study and work, the students are mostly found in dilemma. There is always a doubt concerning postgraduate study whether it is worth all the effort, time and money or not.
Given below are some key benefits and risks associated with pursuing a post-graduate degree/ advanced education:
The benefits of pursuing a postgraduate study are as follows:
1. Enhanced Chances of Employability
Although no degree guarantees employment, a postgraduate qualification can certainly boost your chances of finding a dream job, especially, when there is an extremely tough competition in the market. Masters or specialization of any sorts in your field can really make the difference.
Postgraduate degrees are of great significance as almost everyone these days hold a basic degree. In order to stand out from the crowd and prove your competency for the given job, the minimum you need these days is a postgraduate qualification.
2. Master Your Area of Interest
By pursuing Masters, you get to explore and learn more about the area of your interest. Mostly, people tend to overlook this as one of the main reasons for pursuing postgrad. By pursuing a course of your choice, you don’t only follow your passion but also set yourself on a path that helps you carve a niche for yourself in the professional world by becoming an expert in your field of work.
3. Rewarding Career Choices
Even though it depends on your chosen field but a postgraduate degree or course generally opens a whole array of new career options which are not only exciting but can also be quite rewarding. By gaining further qualifications, you can become eligible for research roles and other intellectually rewarding and satisfactory career options.
4. Development of Transferable Skills
Regardless of what you study in postgrad, you gain a wide range of transferable skills that are of paramount importance for every employer. These include analytical skills, research-oriented skills, self-discipline, problem-solving skills, and many more. By doing postgraduate studies, you automatically tend to develop these skills which, in turn, can open a variety of jobs for you in different industries.
5. More Money
The statistics reveal that people with postgraduate degrees earn more than those with undergraduate degrees. It is because people with postgrad qualifications are likely to have more access to higher paying jobs which is a clear benefit in the long run.
6. Gives you the Option to Change your Career
It is a common thing for students to get sidetracked by degrees/ courses which they later feel was a wrong choice. That is where a postgrad degree/ course comes in handy. It gives you an option to switch careers depending on your undergrad subjects and areas of your interest.
There are certain risks associated with pursuing a postgrad program and they must be considered before making a final call of enrolling yourself into any such program:
Postgraduate study is far from being cheap. There is lot of money and resources involved in doing a postgrad. All these expenses must be taken into account. Even more, the return on your investment should also be considered.
Although the expenses can be managed by combining part-time jobs with your study programs or through scholarships, you need to plan everything in advance.
Postgrad doesn’t only consume a lot of money but also requires a lot of investment in terms of money. This directly implies that while you’re in university, everything else will be put on hold. Your plans to stay in academia for long can also leave you at a disadvantage in a job market where the work experience gets valued as much as educational qualifications.
3. Post-Graduation Doesn’t Guarantee a Job
Even if your degree looks impressive on a CV, it never guarantees you a job. Employers value your experience and other skills as much as the educational background. In order to fetch your dream job, you’ll have to demonstrate your proficiency and skills that are required for the job.
It’s just that higher qualifications open up interesting opportunities for you, but it’s only you who can turn them in your favor.
Post-graduate studies, often, require knowledge and understanding of the subjects at deeper levels and you might find yourself in a situation where you feel too much burdened with studies but are left with no choice. It is, therefore, crucial to research your course properly so as to avoid any disappointment later.
Finally, a post-graduate study is a huge commitment. Although it can be a rewarding experience, the decision to pursue post-graduation must be informed and well thought upon.
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