5 Best Degrees for a Career Change

There are several reasons to look for a career switch. Some people are dissatisfied with their jobs and do not see the opportunity to grow, while others want to change their goals and invest in a different area.

Finally, some are simply looking for a better salary.

Whatever your reason for changing, going back to school to get a master’s degree is a great way to gain the right knowledge and skills.

In addition, a second degree is always highly regarded by prospective employers. It can increase your opportunities and income.

But which course do you choose to secure a position in the market?

Well, in 2021, the employment website Indeed highlighted the best graduate degrees to get a job today. Let’s take a look at the top five choices to pursue a career change:

1. Business Administration

The well-known MBA covers aspects of modern business practices in various industries so that students receive not only a diploma but also advanced knowledge of management and business models.

With these skills, you can land a good job as an analyst, financial manager, or investment manager.

But the sky is the limit! The degree also allows you to get jobs in the fields of finance, tourism, and accounting, among others.

Having an MBA can also guarantee a nice annual income. According to Forbes, in 2021, employers offered an average base salary of $115,000 for new hires with an MBA.

In comparison, those with only a bachelor’s degree earned an average of $65,000 during the same period.

Over the years, MBA programs have become more selective and rigorous. One of the requirements is a good average of the Graduate Management Admission Test (GMAT), an exam that assesses competencies for admission.

To increase your chances of getting admission, prepare well by looking at the best GMAT prep courses.

2. Project management

Companies in all fields need to create and manage various projects to increase sales, increase efficiency, improve productivity and working conditions.

A master’s degree in project management teaches you techniques for planning and executing all kinds of organizational projects.

Healthcare, manufacturing, and information technology are some areas that can benefit from professionals with these skills.

While it is a career with great salaries, keep in mind that it requires a lot of organization and attention to detail. You are faced with quick and urgent decisions on a daily basis.

3. Finance

If you have always dreamed of becoming a banker, financial advisor or business advisor and you enjoy working with numbers and money, then the Master’s in Finance is perfect for you.

Graduates tend to get great jobs with finance skills and business management. Many barely graduate and soon start their own start-up.

This is not the best option for those who hated math in school. The program’s curriculum covers topics such as risk management, investment, and corporate finance, and all of them involve numbers familiarity.

4. Human Resources

In the past, HR was the part of the company mainly concerned with hiring and firing employees. As a result, employees both loved and feared HR with the same intensity.

But over the decades, the department has changed and taken on new and greater responsibilities. Today, it deals with various issues related to industrial relations such as:

  • Recruitment of new talent
  • Salary and employee benefits management
  • Training and development
  • Productivity Improvement Programs

The masters in human resources aims to train future HR specialists, giving them knowledge of employment law and relations to act as a mediator between the interests of the company and the interests of employees.

5. English

Many will probably wonder why they should pursue a master’s degree in the language they already speak and write. Well, a major in English opens many, many doors, allowing you to experiment with different options and jobs.

As you learn advanced skills in verbal and written communication, you will read more, express yourself better, and think more critically and creatively.

You can even pursue a writing career, but that is very rare. The bottom line is that a master’s degree in English can help you in several areas.

Some of the areas that this degree appreciates are copywriting (for journalism and advertising), marketing, and public relations.

You can also become an English teacher or work from home as a digital content manager for blogs and social networks – a profession that is growing every year.

Embrace the change

Recently, the US Bureau of Labor Statistics pointed out that it is impossible to determine how often a person changes careers during their lifetime, although the practice has become very common for younger generations.

Some candidates change not only their career, but also their industry.

There are no more excuses for being stuck in a job you don’t like, watching life go by with no prospect of improvement.

A career switch can be beneficial, but it should always be done with strategy and planning, avoiding decisions made impulsively or in the heat of battle.

A master’s degree will be that differential capable of ensuring a solid and comfortable transition.

Leave a Comment

A note to our visitors

This website has updated its privacy policy in compliance with changes to European Union data protection law, for all members globally. We’ve also updated our Privacy Policy to give you more information about your rights and responsibilities with respect to your privacy and personal information. Please read this to review the updates about which cookies we use and what information we collect on our site. By continuing to use this site, you are agreeing to our updated privacy policy.