As you finish your undergraduate education, a decision lurks around the corner: do you enter the job market or pursue an advanced degree? The first instinct is to create a list of pros and cons, but realistically, this decision depends on each person’s unique circumstances.
Instead, let us look at the differences, similarities, and implications of the two choices:
Direct entry into the job market comes with the benefit of hands-on field experience and a salary. Beginning your post-graduation journey in a full-time role allows you to make money while developing skills and expertise in a chosen field, and it’s often the faster route to financial independence.
Post-graduate education does not necessarily mean the opposite of what a direct entry into the job market entails. Advanced degree education allows both intensive practical and theoretical education focused on your profession of pursuit. It involves skill development, often through internships, research, and other full-time professional experiences. Early career opportunities equip postgraduates with well-rounded and in-depth knowledge within an area of career interest and increase the chances of landing more advanced career roles.
Both ways equip you for success in your chosen career field, but how do you know which option is best for you?
You may need to consider:
Industry
Which option would accumulate the most professional growth in your industry? Are employers within your field more attracted to an advanced degree or more hands-on, relevant experience?
Entry-Level Job Opportunities
A bachelor’s degree may land a better job opportunity in some fields. Are the job opportunities available to you, at your current level of education, satisfactory to you professionally and financially? In some cases, an advanced degree is necessary to reach your career goals, not only because it places your application closer to the top of the pile, but because certain professions, like human service and advanced business roles, require applicants to have a master’s degree.
Financial Investment
Advanced degree programs are expensive. Are you ready to support this pursuit, and would the possibility of taking out loans to fund your education be worth it? Think about upward professional mobility and the job hiring process – what are the requirements and routes within your industry?
Gap Years
Let us not forget about gap years! Many choose to take a gap year(s)–pressing pause on their formal studies for test preparation, work, travel, or engagement in other life priorities. Some use this time to get field experience and better equip themselves financially before starting their post-graduate studies.
Additionally, it is worth noting that many universities provide opportunities for postgraduate students to work within the institution while they pursue their degrees. If your interests lie outside of academia, you can still find part-time employment that aligns with your schedule and passions while continuing your studies. Many organizations support their employees’ educational aspirations.
How the CCD Can Help You
To identify your ideal path, you must create clear career goals that may require researching your industry. BU’s Center for Career Development (CCD) is a key campus resource in this step. The CCD provides career guidance and advice to all BU students and alumni. Booking an appointment with a career advisor will allow you to speak with an expert who will help you build your career goals and assist you in identifying the path to achieving those goals. Beyond that, the CCD offers services to help in all other areas of your career success journey–from helping you write a resume and cover letter to preparing for an interview, building your professional network, preparing you to navigate the workplace, and so much more.
Success can take many forms, and your path should prioritize what is best for you. Remember, the CCD is available to support you as you navigate your journey.
Written by Shanique Crossdale
BU + Beyond 