Phd Masters Degree
The current job market poses more challenges to the eager job seeker. If years ago, a college diploma would be enough to get you to higher planes of employment, now, you have to pursue either a doctoral program or a master's degree. This, for some, is the cost of their ambition and the desire to explore more career rewarding opportunities. Aside from having higher salary offers, professionals with a phd masters degree are also deemed most attractive by large companies. (1)
The field of science, social work, medical technology, and education also require the future leaders of their departments to secure a masters degree doctorate. This helps managers and department heads to claim expertise in the field of research and planning, which is essential for the growth of the organization. (2)
Because of time and budget constraints, it may not be easy for you to decide which degree program will suit you best. To help you make up your mind, you have to understand first the description and nature of each program: (3)
Master's Degree Program
Pursuing a master's degree may take less time than enrolling for a doctoral program to get your Ph.D. However, there are also less financial aids for these programs. This may mean that you have to use your own money to earn your master's degree. If a master's degree is a requirement for career advancement, then you may consider enrolling for this program as an investment. Some studies would confirm that master's degree holders earn more than people with college diploma alone. This will also help you qualify for executive posts or managerial positions. Moreover, other work fields only require advanced trainings or a master's degree for you to stay ahead of the competition and set a solid standing on your employment status.
Ph.D. Program
There are more scholarship and financial grants available for Ph.D. programs. Because this program is highly focused on research studies, doctorate students can also earn from their research works. Others also choose to teach on their part time to finance their education. The only problem with Ph.D. programs is that completion takes longer time than other degree programs. As such, it may take you four to seven years to get your Ph.D. Considering the workload and the requirements for dissertation, it is said to be more challenging, especially if you have to balance time and limited resources between family, work, and graduate studies.
Although taking a master's degree may be a requirement prior to earning your Ph.D., other programs allow you to go straight into getting your doctorate degree. Indeed, your Ph.D. masters degree can be your best bet for a more stable future.
Literary Citations & Article References:
1) http://education.yahoo.com/college/essentials/articles/grad/graduate-mastersordoctorate.html
2) http://chemistry.about.com/b/2007/05/20/whats-the-point-of-a-phd.htm
3) http://gradschool.about.com/od/admissionsadvice/a/masterphd.htm
4) http://education.yahoo.com/college/essentials/articles/grad/graduate-mastersordoctorate.html