Wondering whether you should take up that Master of Business Research program? It can be difficult to choose between pursuing tertiary education or working full-time. Here we collate some of the pros and cons of going to grad school.
- It provides a greater expertise in your area of interest.
- It gives you the chance to meet the top figures in your field.
- It allows you the time and resources to work on interesting research projects.
- It could advance your professional career. It could even help you transition from one career track to another.
- It can lead to other unexpected opportunities. Teaching or research assistant roles are some of them.
- It’s expensive. The resulting debt burden might have lasting impacts to your finances for years to come.
- It is hard work. The demanding workload might be taxing for your health and social life – it’s definitely not the uni life experience that most undergraduates have.
- It might not be as useful for career advancement as you think. Some people believe graduate degree might improve their marketability and employment chances as well as their starting salary, but this is not always the case.
- It costs year(s) of work experience that you could get through a job, unless you work and go to school at the same time.
These two options do not have to be mutually exclusive – you can choose to do both part-time job and part-time grad school, or work first and apply for grad school later or vice versa. Research your options, and make sure all things, academic and non-academic, are considered.