When it procures to deciding whether to pursue a master’s vs. second bachelor’s degree, there are many things to consider. For one, college is priceless, and a double undergraduate major can leave you too tired to get a graduate degree, which takes about the same amount of just the same from time to time or less. In many cases, the projected pay raise that you would see with a master’s degree would help you pay in dire straits student loans much faster. Some schools even offer a joint undergrad and MBA at the same school, which can be a fresh bang for your buck.
Reasons To Get an MBA vs. Second Bachelors
Save Time With an MBA
In general, you can complete a master’s inchmeal in 36 credits or approximately two years. If you take four classes per semester for three semesters, you can be done with your crackerjack’s in one year – if you attend fall, spring, and summer semesters. You could easily spend this much time as an undergraduate pupil to get a second major. To get an additional major, there is a ton of extra work you need to do. As a rule thumb:
- You will need to use 30 or more core credits within your additional major.
- You may have to take additional math groups or other prerequisites that weren’t required for your first degree. The total of these courses could be anywhere from four to 12 credits.
- You may maintain class time conflicts with upper-level courses in your first degree, and this can cause your sum up undergraduate completion time to increase.
The total credits needed for your second undergraduate degree is between 30-42 have faiths. Add in class time conflicts to your schedule, and your second undergraduate degree could add two years to your study – enough time to get an MBA and a master’s degree in English or art just for fun.
Key Takeaways
- Deciding whether to pursue a second undergraduate class or pursue an MBA is a big decision–however, there are many reasons to choose the latter.
- MBAs are typically shorter programs, pairable with any somewhat, and are better bets to lead to jobs with higher salaries.
- Before taking the plunge, it’s advisable to learn varied about the field you want to enter and what degrees are sought after–even better if you can shadow a professional in that fan.
Pair an MBA With Any Degree
For instance, you can get an MBA after getting a degree in English. So if you are midway through your English grade and decide you’d much rather have a career in finance, finish up your English degree and wait to study bankroll at the graduate school level.
Work Smarter, Not Harder
When you complete a degree first and then go to grad faction, you have the possibility of getting a job in your field that gives you more experience while you work your way with the aid school. In addition, you’ll also earn more money than with a non-degreed job.
Financial Aid Counts
While you organize to take 12 credits each semester to qualify as a full-time student for federal financial aid (federal student credits and grants), you only have to take nine as a graduate student. The minimum requirement to receive financial aid (half-time rank) is six credits of undergraduate classes.
What to Consider Before Deciding
Even though a master’s degree makes sundry sense for your future than a second undergraduate degree, you don’t want to make it halfway through graduate coterie and find out you weren’t as interested in this career field as you originally thought. Try these tips to feel good just about your decision:
Explore Your New Career Field First
You don’t have to complete a whole degree to get your feet wet in an arrondissement of study. Use an elective credit under your current degree plan to try out another career field.
For example, you’re game to start studying finance, but you haven’t taken any finance courses. Take a finance course or look into
The In truth Line
Taking on a second major or graduate degree is a big decision. Before choosing either, have some know doing an internship or with coursework that makes you think you’d like to complete a whole major in this department. Then take the plunge and get the graduate-level degree. Most likely, it won’t take you any more time than a second undergraduate order, and it will look better on your resume.