ISM, MS. IM, M. IT, MSc. IT or M. Sc IT. Master of Jurisprudence M. Jur Master of Laws LL. Master of Landscape Architecture M. Master of Public Health M. Master of Public Policy M. Master of Science M. Master of Theological Studies M. Master of Theology Th. Professional Doctorate - As one might deduce, a professional doctorate is a doctoral degree for a specific profession. Research Doctorate - These doctorates are research oriented.
The Ph. Higher Doctorate - These doctorates are very uncommon in the United States. As the following chart shows, college graduates earn more than non-degree workers and experience lower rates of unemployment. Once you've made the decision to pursue a college education, it's time to figure out exactly what type of degree to pursue. There are a variety of college degrees and each has advantages and disadvantages. There isn't just one "right" type of college degree.
The value of a college degree is a function of what the college degree offers you. Your job is to determine which college degree, or certificate, best helps you achieve your personal, educational and career objectives. For example, if you want to become a doctor, earning a bachelor of arts in history probably isn't going to be as beneficial as an undergraduate degree in biology that will prepare you to take the MCAT. But then again, if you're passion is history, maybe minoring in history and majoring in biology is the winning combination.
If you want to pursue a career in business, then a Masters of Business Administration MBA would be the logical choice, right? Surprisingly, many successful businessmen and entrepreneurs never earned an MBA. There are many educational paths and choices to consider. Below we'll outline and discuss the different types of college degrees and help you begin exploring your options. Earning a college degree isn't always the answer.
Sometimes a professional certificate makes a lot more sense — especially if your decision to pursue a higher education is based on economics. Career success can often be obtained as easily with a professional certification as it can with a traditional college degree — especially in highly technical fields where employers are more concerned with your skill set than your college credential. Earning a professional certification is also a lot less expensive.
Unlike undergraduate degree programs, many of which focus on liberal arts education, professional certification programs focus almost exclusively on skills development — skills that are directly relevant to performing a specific job or function. On the downside, some certification programs are so narrow in focus that they miss the depth and well-rounded education provided by a college degree.
Still, one educational path is not necessarily better than the other — they simply offer different benefits. If you want to become an electrical engineer, a college degree makes more sense than a professional certification.
If you want to become an electrician, all you need is a professional certification. A professional certification is typically a lot more economical than a college degree. On a dollar for dollar basis, a professional certification may make a lot more sense. The economics of earning a professional certification make even more sense when you consider that many professional certifications these days can be completed in just a year or two and can prepare you for a career just as effectively as a more expensive "traditional" four-year college degree.
In many trades, certification or "licensing" is a requirement of employment. In some vocational occupations, professional certification and licensing are synonymous. Certification and licensing requirements are regulated on a state by state basis. In many states, professional certification is a prerequisite for licensing.
In others, it's part of the licensing process itself. When people loosely refer to a "college" degree, more often than not they're referring to a four-year, undergraduate bachelor's degree. However, there are several categories of undergraduate degrees, which also include associate degrees. Undergraduate degrees are also referred to as post-secondary degrees.
That is, they are degrees earned after completely a secondary education ie. Undergraduate degrees — bachelor's degrees in particular — usually have a general education, elective and core major component. General education curriculum focuses on a breadth of higher education subjects and skills including writing, mathematics, history and science.
Core curriculum includes major coursework required to become proficient in a specific area of study. Elective curriculum, while in line with a student's major, is chosen independently by each student. Undergraduate students attending the same college, regardless of their major, are typically required to complete the same general education courses. Major courses are determined by individual departments and academic colleges.
Elective courses are chosen by each student under the guidance of their major department and an academic advisor. There are two types of undergraduate degrees recognized in the United States: Associate and Bachelor. Associate degrees are offered primarily through community colleges. There are however a few vocational schools and four-year colleges that also offer associate degrees.
Earning an associate degree typically requires two years of full-time study. Associate degrees are designed to prepare students for a career, or qualify to pursue a bachelor's degree.
Associate degrees designed to prepare students to pursue a bachelor's degree at a four-year college or university are known as transfer degrees or academic degrees. Associate degrees designed to prepare students to pursue career opportunities upon graduation are sometimes referred to as occupational degrees.
Bachelor degrees are offered by major colleges and universities and are four-years in duration. Bachelor's degrees can be career focused or designed to prepare students for graduate school. Students often pursue an associate degree for one of two reasons. First, to prepare for a career. Second, to prepare to attend a four-year college where they can earn a bachelor's degree. An associate degree that is used as a stepping stone into a bachelor's degree program is often referred to as a transfer degree.
Not all associate degrees can be used as transfer degrees, and not all colleges that offer associate degrees offer transfer degrees. What is the college degree that you should have gotten?
Maybe it's the one you did get. But sometimes when people are getting out of college—and they and their friends start hitting the job market—they realize that the opportunities open to grads with their particular major are not necessarily in the career fields they'd like to go after. Or they realize that the fields they thought they wanted to pursue actually pay a pittance of what new grads with different majors are being offered.
The price of a college education these days is enough to make even the most well-heeled students gulp. The most valuable degrees are the ones that not only provide an immediate payoff after college but also afford those who pursue them long-term career satisfaction and the possibility of earnings growth.
Here are some degrees that can produce those kinds of results—and that anyone still in school may want to consider. Several specialties rank near the top of the list when it comes to high-earning college programs.
For example, degrees in petroleum engineering prepare you to design systems for extracting underground oil and gas deposits. Other lucrative bachelor's degrees include operations research and industrial engineering, which focus on the efficient management of human capital and equipment within a business. Other top-paying degrees include systems engineering—a program that focuses on the management of electrical, mechanical, and other complex systems—as well as marine engineering and aeronautical engineering.
Some of the highest-paying jobs in the country are in the healthcare sector. A degree in nursing, for example, provides a competitive salary with a lot less schooling. While wage growth is a little more tepid than in some fields, there are plenty of opportunities to cash in later in your career. Those who go into nursing management can also do well for themselves. The trend is driven in large part by the aging population. There are many different occupations within the computer and information technology field.
Employers are willing to pay big bucks for people who know how to program software, manage computer systems, and manipulate data. For example, an actuary assesses financial risks for investment and insurance companies. Actuaries have to pass a ladder of certifying exams, both during and after college, to reach the highest levels of their field.
Science-related jobs represent some of the most well-compensated positions in the workforce. Of course, a bachelor's degree in biology or a related science can also be a great springboard for some high-demand careers in healthcare.
For those who specialize, the salary can vary. The salaries for other science and medical-related jobs, some of which don't need a college degree, are listed below according to data from the BLS. While top leadership positions in business often require an MBA, even an undergraduate degree can be lucrative if you select the right one. There are several majors that are typically included within the business school of most universities, including accounting, finance, and business administration or management.
However, public accountants that prepare financial statements for individuals and corporations while employed at an accounting firm would be required to become a certified public accountant CPA , which is a four-part test on various accounting theories, rules, practices, and terms.
Finance majors have several choices to specialize in that includes becoming a financial analyst. An FA is responsible for helping companies, and financial institutions choose high-performing investments. However, many FAs must be certified as a chartered financial analyst CFA before they can offer investment advice. A financial manager can work in insurance, securities, and investments as well as manage the accounting process for a corporation.
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