Earning your master’s degree is ultimately up to you. It has many advantages, such as advancements in career opportunities, higher salaries, better subject knowledge, and a sense of fulfilment. Though it may grant you all of these things, there is a caveat. You need to know that taking an MBA program in Singapore is costly, draining your time and money.
So whether a master’s degree is worth this time and money ultimately depends on your personal and professional goals. Your assets may also affect your capabilities on whether you can take a master’s degree. You need to know your priorities and determine whether an MBA degree fits your chosen career path.
You may want to ask yourself a few questions before you embark on an online executive MBA or anything relating to a master’s degree programme. Here are some things every person should know about taking an MBA.
1. Can I work while getting an MBA?
You need to know where and how to finance your master’s degree education while studying. For many people, that means working full-time while studying. But this path is not for the faint of heart; one needs to have the support of their employer whilst having great time management skills to study. Depending on work schedules, you might need to take your masters programme in Singapore online while studying during your off hours, like nights and weekends.
2. Can I afford to pay for a master’s degree?
One harsh fact of life is that higher education can get expensive for many people. Graduate degrees are gradually getting more expensive as well, with student debt almost quadrupling from the 1990s to the 2010s. Sometimes employers will fund the studies of their employees but check first whether you are financially capable of funding your education.
3. Do I need a master’s degree for the job I want?
Realistically speaking, the vast majority of jobs will not require you to attend an MBA program in Singapore. You only need the skills and experience necessary to pull off such a job. A job will only require you to get an MBA degree if it is an industry practice, such as certain STEM courses or medical and law fields. If you are planning on entering these fields, you might want to brace yourself for higher education needs.
You can get a part time MBA in Singapore when you check out Avance Academy. Learn more about how you can excel in your studies by navigating their website.
