This academic degree typically adds 1-3 more years of intensive, specialized study on to a bachelor's degree, which is nearly always required before admittance to any master's program. In fact, it is this strategy of admitting only those who already have advanced knowledge in their chosen field of study (through their bachelor's degree and professional work experience) that makes master's degree programs so powerful.
Most delve into theoretical topics, analysis, critical evaluation, and problem-solving to make graduates better thinkers and prepare them for the real-world. Many programs are also heavily research-oriented, resulting in a student thesis prior to graduation.
There are three primary types of master's degrees in North America: master of arts (MA, master of science (MS), and master of business administration (MBA). Other master's degree program include those in education, social work, public health, nursing, and project management.
Those who earn a master's degree typically enjoy a 25 percent higher lifetime income over those with just a bachelor's degree, making it a smart career move, especially if you are interested in management-level positions. More and more, a master's degree is required for post-secondary teaching positions, as well as many management positions in finance, engineering, information technology, nursing, and sales and marketing.