Online masters offer substantial benefits to graduates: higher wages and the right potential to hunt for a position in management and leadership. In this guide, we will provide basic information on how to find the best online master programs. Not only that, we will tell you how much more you can earn with an online master and how to have a satisfying career.
Why choose an online Master’s Degree?
When considering an online master’s degree program, students will have to take into account costs, time and especially if they can adapt the school to their programs. Others wonder if a master’s degree or professional certification is worthwhile. This guide is intended to help you make an informed decision, whether you are a university student looking for advanced degree options or a professional who is aiming for career advancement.
How much do online Masters pay?
In general, professionals with a master’s degree have more bargaining power for advanced skills, which can ensure them an advantage in the job market. Here are some examples of careers that require a master’s degree and their respective salaries.
U.S. Bureau of Labor Statistics, 2017
Students who earn their online masters degrees usually watch lessons, read materials and participate in class discussions from home (or other convenient places with access to the web). These online programs allow flexibility that is lacking in conventional programs and students are often able to further customize their degree program to adapt to their work-life balance. Learn more about these special dual track, accelerated and part-time programs below:
Dual Track programs: These are dual-track programs (or joint degree programs), which allow students of the master’s degree to enroll in two degree courses simultaneously. Many online schools that run MBA programs can allow students to simultaneously enroll in degrees such as a master’s degree in education, a doctor of law or a master’s degree in public policy. In practice, when the student graduates, he receives two diplomas.
Accelerated programs: Accelerated programs allow students to finish their degree faster. Some online universities run 4 + 1 programs, allowing university students to take undergraduate courses and finish their masters in one year. In other cases, online universities offer credit for previous courses, taken from another institution. Some other colleges create abbreviated semesters or intensive courses that can gather more material in a shorter period of time.
Part-time programs: Many online masters programs allow students to enroll part-time, which allows students to attend one or two lessons at a time, instead of taking a full course. This program is suitable for working adults, such as full-time professionals and people with families, who will be able to take care of their daily responsibilities without being overwhelmed by schoolwork. Obviously, completing these degrees takes longer; for this reason, most schools set a maximum time limit to obtain a title.