Pursuing a master’s degree in Singapore is not a decision to be taken lightly. While there may be the temptation to rush into it, taking a few moments to consider your options can truly make all the difference.
A master’s degree can help you in so many different ways, from increasing your earning potential to expanding your network. A degree from a reputable university can open doors that would otherwise stay locked. Before enrolling in a master’s program, consider these benefits:
1. Recognition by the World
A good number of international students pursue a master’s program outside their home country. This can be helpful for their career as it will not only improve their knowledge and experience but will also give them added international recognition, making them stand out from other job applicants.
2. Achieving a Master’s Degree Increases Your Salary
Based on a report from the Ministry of Education, by enrolling in a Singapore masters degree and achieving a first-class degree, an average Singaporean graduate earns approximately $4,000 higher per annum than those who did not pursue further education.
This can amount to thousands of additional dollars when you consider that this gain is achieved only after spending at least 3-5 years investing your time and money into learning.
3. Improve Your Job Possibilities Outside Singapore
Many Singaporean graduates start off their careers in Singapore. However, after they have gained a couple of years of experience, they usually explore the possibilities of working in other countries.
If you have a master’s degree under your belt, this will give you a better chance of obtaining a job outside Singapore as the international recognition will help you stand out among other applicants.
4. Reduces the Cost of Education
The cost of a Singapore masters degree tuition and living expenses will be reduced compared to undergraduate degrees, as there are no more books to buy, and you don’t have to pay for fees or any other incidental fees. Instead, you will be paying only tuition fees and living expenses.
5. A Master’s Degree May Be Required
Many jobs require applicants to have a master’s degree. Those who do not have a master’s degree may find it difficult to obtain these jobs as they may be overlooked and lose out to other applicants with a higher qualification level.
6. Paying Less For a Quality Education
The cost of tuition fees for master’s degree is less than pursuing a Ph.D. or undergraduate program. There are also fewer modules, which means that you can save money by choosing to do just two years of study instead of three, four, or five years. This means that you will pay less for the same number of modules that are required for a Ph.D. and undergraduate course combined.
As you can see, enrolling in a master’s degree in Singapore is beneficial, especially if you choose the right program. Enroll early, as it is cheaper to do so later. It could also be a good decision if you are planning to stay in Singapore for a long time. Before enrolling in a master’s degree, research the career options open to you thoroughly.