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Demystifying Graduate Degrees: Comparing Master’s vs. Doctorate

is master's degree and phd the same

You want a graduate degree — to continue exploring your passions, make discoveries or advance your career — but how do you turn that decision into a plan?

It starts with understanding the difference between a master’s and a PhD in your field. They differ in length, intensity, curriculum and career paths, so you’ll also need a clear idea of why you want to pursue a graduate degree to determine which one you should get.

What Is a Master’s Degree?

If you’ve completed your undergraduate degree, it might be time to ask, “What’s next?”

That’s where Master’s degrees can come in.

Whether you want to specialize in a particular area or get advanced skills in your profession, a master’s degree can help you get there in 1-2 years.

The most common types of master's degrees include:

  • Master of Arts (MA),
  • Master of Science (MS),
  • Master of Business Administration (MBA),
  • Master of Education (MEd),
  • and Master of Fine Arts (MFA). 

What do you learn in a master’s program?

The short answer? A lot.

Master’s degree programs are designed to build on the foundational knowledge gained during your undergraduate studies, and the curriculum focuses on advanced knowledge and skills in a particular field.

Here’s what you can expect to encounter in a master’s program:

Advanced coursework:  Master's programs provide advanced courses that build upon the foundational knowledge gained during your undergraduate studies. These courses delve deeper into specific topics within your field and often explore the latest research and developments. 

Specialization:  One of the primary goals of a master's program is to allow you to specialize in a particular area. Whether pursuing a Master of Arts, Master of Science, or a professional degree like an MBA, you can focus your studies on a specific subfield or concentration within your discipline. 

Research and analysis:   Many master's programs require you to engage in research projects and analytical work. This could involve conducting independent research under the guidance of a faculty advisor or participating in group research projects with fellow students. Through these research experiences, you’ll develop critical thinking and analytical skills, learn how to gather and evaluate relevant data and draw meaningful conclusions.

Practical applications and internships:  Some master's programs incorporate practical training opportunities like internships, practicums, or field experiences; hands-on experiences allow you to apply the knowledge and skills gained in the classroom to real-world settings.

Collaboration and networking:  A Master's program is a rich collaboration and networking environment. Collaborative projects, group discussions, and professional events allow you to exchange ideas and build connections within your field, often leading to long-lasting professional relationships and potential career opportunities.

Thesis project:   Outside of building skills like project management, problem-solving, project management, and effective communication, thesis projects in master's degree programs serve as a cornerstone for building advanced skills, expanding professional networks, and contributing to the body of knowledge in your respective field. 

Why get a master’s degree?

Career advancement: One primary advantage of getting a master’s degree is an edge in the job market. Employers value the specialized knowledge and advanced skills that come with a master’s degree, opening up new and exciting career opportunities.  The cherry on top? Individuals with a master’s degree often earn more than those without an advanced degree — you can take that to the bank, especially if you set yourself up for financial success during your studies. Flexibility: Another aspect to consider is the flexibility that a master’s degree offers. Many programs offer part-time or online options, allowing you to balance your studies with work or other commitments.  This flexibility can be particularly helpful if you’re already established in your career but want to gain additional qualifications.  Growth opportunities: Depending on your field, a master’s degree can be a stepping stone toward a PhD or other doctoral programs. It gives you a solid foundation in research methods and academic rigor — a boon if you want to pursue a career in academia or conduct advanced research.

What is a Doctoral Degree or PhD?

A doctoral degree is a terminal degree — it represents the pinnacle of academic achievement and is the most advanced degree you can attain. Doctoral students want to become authorities in their chosen fields and develop the skills to conduct independent and original research. 

Doctoral programs usually span 3-6 years of full-time study, during which students complete advanced coursework, pass comprehensive examinations, engage in extensive research and ultimately produce a dissertation that contributes new knowledge to the field. 

There are several types of doctoral degrees based on different academic and professional aspirations, including:

  • Doctor of Philosophy (PhD),
  • Doctor of Education (EdD),
  • And Doctor of Psychology (PsyD), among others. 

What do you learn in a doctoral program?

When you successfully defend your dissertation and complete your degree, you also become an expert in your field — but it doesn’t happen overnight. Here's what you can expect to encounter in a doctoral program:

Advanced research: If you’re looking for a hard emphasis on research, a doctoral program is the place to be. Over several years, PhD students engage in extensive research activities — including conducting independent research, producing scholarly publications, and contributing to the knowledge base of their field through original research contributions.

Theoretical and conceptual frameworks:  PhDs are an incredible opportunity to deepen your understanding of theoretical and conceptual frameworks in your field of study. You'll critically analyze existing theories, evaluate their applicability, and develop your theoretical frameworks to advance knowledge and understanding in your chosen area of research.

Advanced methodological training:  Because a dissertation is an original research project, you’ll gain advanced training in research methodologies and data analysis techniques, like designing robust research studies, collecting and analyzing data, and drawing valid and reliable conclusions from your research findings.

Critical thinking and intellectual independence: Both academia and industry employers highly value independent thinkers and workers. Doctoral programs foster critical thinking and intellectual independence by challenging you to evaluate existing research, identify gaps in knowledge, and propose innovative research ideas. Teaching and Mentoring Experience: Being a teacher or mentor is a great opportunity to share your hard-earned knowledge, and universities agree. Doctoral programs often provide opportunities to teach and mentor undergraduate students, develop effective pedagogical skills, and contribute to the academic community.

Dissertation project:  Your dissertation is the culmination of years of hard work within your field. By enrolling in a doctoral program, you’re also given the chance to participate in a significant and original research endeavor that demonstrates the expertise you’ve worked so hard to cultivate.

Why Get a Doctorate?

Having a doctorate doesn’t just open doors; it can kick them down. A doctorate might be right for you if you’re looking for a door to these things:

Expertise and specialization:  Doctoral degrees can be a labor of love. They help you delve deeper into a specific subject area, gaining expertise and specialization.

Research opportunities:  Extensive research training, opportunities for conducting original research, and contributing new knowledge to the academic community — these three things make a doctorate coveted by students, universities, and employers.

Salary potential and career advancement: In some fields, having a doctorate can lead to higher earning potential and increased salary opportunities. According to the U.S. Bureau of Labor Statistics , doctoral degree holders made an average of $1,885 per week in 2020, while master’s degree holders made an average of $1,545 per week.

Contribution to society:  Doctoral research often addresses pressing societal issues, contributing to advancements in technology, healthcare, education, and other areas for the benefit of society — for many students, contributing to the greater good is just as rewarding as career advancement or personal development.

What’s the difference between a dissertation and a thesis?

You might have heard “thesis” and “dissertation” used interchangeably, but they’re not quite the same. Here are the general distinctions to consider:

  • A thesis is usually associated with a master's degree program. Students undertake a research project in the final stage of their degree.
  • It typically involves conducting original research or analyzing existing research to answer a specific research question.
  • The length of a thesis varies based on the field and program requirements, but it’s usually shorter than a dissertation.

Dissertation:

  • A dissertation is typically associated with a doctoral degree program. It is an extensive, in-depth research project that marks the culmination of a doctoral program.
  • in-depth exploration of a research topic
  • comprehensive literature review
  • methodology section
  • data collection and analysis
  • substantive discussion of findings and conclusions.
  • Dissertations are usually longer than theses and may take several years to complete.
  • Once you’ve completed your dissertation, you participate in a formal defense of the research, where you’ll present your findings to a committee of experts in the field.

Key Differences: Master's vs. PhD

Deciding between master's vs. phd programs.

“Should I get a master’s degree or a PhD?”

Answering that question can be exciting — and a bit intimidating. You must consider long-term career objectives, personal interests, and the time you can commit. Plus, the level of specialization you wish to achieve based on your career path is also a factor. Typically, a PhD is a prerequisite for those aspiring to research careers in academia, while professional roles in various industries may require only a master's degree. 

It’s still worth noting that students have the option of completing a master's degree first and then, based on their experiences and career aspirations, deciding whether to pursue a PhD.

Find the right graduate degree at SMU 

A graduate degree is a big investment, so investing in the right program is important.

SMU offers a diverse array of master's and PhD programs tailored to align with your unique interests and career goals, and personalized support, from the applicant to the graduate, is always available. 

Whether you're interested in pursuing a PhD in Chemistry or are almost finished with your MBA, we can help you find the right advanced degree.

This could just be the beginning of your journey. Get a closer look at applying to graduate programs of your choice with our guide, How to Get a PhD: A Guide to Choosing and Applying to PhD Programs .

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Doctoral degrees at SMU, and how you can choose the right program and thrive in it, in our Guide to Getting a PhD.

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Master’s vs PhD — These are the Main Differences

Updated: July 18, 2022

Published: October 31, 2019

Master’s-vs-PhD---These-are-the-Main-Differences-

The consideration between earning a master’s vs PhD is not always an easy choice. While many careers and personal aspirations may be complete with just an undergraduate degree (Associate’s or Bachelor’s), a lot of people continue their higher education to obtain graduate degrees. These include a master’s and/or a PhD.

Neither a master’s degree nor a PhD is considered to be a walk in the park. Therefore, it’s useful to understand why you would earn either and then decide how far to go.

is master's degree and phd the same

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Definitions: master’s vs phd.

Bost a master’s and PhD are defined as postgraduate degrees, but they require different commitments and styles of learning.

1. Master’s Degree:

Mostly all master’s degrees will require the completion of an undergraduate bachelor’s degree to enroll. They generally all share the same common requirement for a thesis or dissertation to graduate.

Earning a master’s degree through a taught program will result in the completion of a Master of Art (MA), Master of Science (MS), or Master of Philosophy (MPhil). For those who earn their master’s degree through research, they will earn a Master of Research (Mre), in a tailored field of study. There are also degree-specific master’s programs like Master of Business Administration (MBA) and Master of Education (M.Ed).

After earning a master’s degree, the next step is a PhD, which entails both working and performing research at an institution. A PhD is an abbreviation for “Doctor of Philosophy.” It is the highest academic degree one can achieve. As such, it is a time-consuming pursuit that requires a lot of studying and research.

You may be wondering, “Do you need a master’s to get a PhD?”

Technically, the answer is not always. Some students skip a master’s and go straight for their PhD, but they may lack research experience. While it could save money, the transition between a bachelor’s and a PhD is incredibly sharp. It may be harder to complete a PhD without the experience from a master’s.

Yet, some institutions may allow for the possibility to earn both your master’s and PhD in conjunction with one another. This will alleviate the transition between skipping a master’s and going straight to earning a PhD.

Should You Get a Master’s or PhD?

There are many considerations to factor when deciding between a master’s of PhD. For starters, it’s useful to consider the amount of time it will take, the cost, and the benefits and disadvantages of each. It is also of utmost importance to explore your own personal goals and reasons for wanting a graduate degree.

If your desired career of choice requires a PhD, like becoming a university professor, then you have your answer. If you want to start a business and benefit by networking while in school, a Master of Business Administration (MBA) could be a good idea. Consider what you want to pursue as a career and find out the requirements first.

Another useful thing to note is that a master’s degree can be used for a shift in careers. For example, if you attended college and earned a bachelor’s degree in humanities, but now you want to pursue science, you can still earn your master’s degree in a scientific discipline. On the other hand, a PhD is tailored to your field of study and specialty, so it will require that you are sure of your direction when you first earn your master’s degree.

Length of Time

A typical master’s degree program takes about two years full-time. However, there are accelerated programs that can be completed in just a year or so.

A PhD, in general, requires five to six years of studying, teaching, and research. However, it may even take some students up to eight or nine years to graduate. With this significant investment in time, it’s necessary to know if a PhD is right for you before starting.

The cost of both programs varies by institution and enrollment status of part-time versus full-time. However, since a PhD takes longer to complete, it will end up costing more. With that said, if you look into your return on investment, a PhD could end up yielding a higher salary, and therefore end up “costing less.”

Additionally, there is also the possibility of being paid to complete your PhD. Some students may receive an academic stipend, a university fellowship or apprenticeship or a reduced fee to earn their PhD while completing research (or teaching) at an institution. It’s also possible to get financial aid through a scholarship or grant.

As tuition rates continue to rise, it’s useful to look into alternative institutions for affordable education. For example, the University of the People offers a tuition-free master’s program in Business Administration and Education. This means you can study 100% online and graduate for less than the cost of most programs.

Weighing the Benefits

When comparing the two degree types, here are some benefits of each:

  • Career-oriented
  • Can open the door for more job opportunities
  • Costs less than a PhD
  • Takes less time than a PhD
  • Helps you stand out from those with only an undergraduate degree
  • You can perform research in your field of choice
  • You become an expert in your field
  • The prefix Dr. is added to your name
  • You can teach in academia at the highest level

Required Commitment and Reasons to Pursue

Both a master’s and a PhD require a huge amount of hard work and utter commitment. You must be dedicated and motivated to complete either degree. Since most careers only may require a bachelor’s degree, having a master’s or PhD will set you apart from the competition. However, this should not be the sole reason to pursue either.

You may be wondering why would you earn either degree. Here’s a look at some motivational factors:

Reasons to Study for a Master’s

  • Your career requires it (see next section)
  • You want to advance your subject knowledge
  • You want to experience graduate school and network with peers

Reasons to Study for a PhD

  • You want to contribute new research to your field of choice
  • Your career requires a PhD
  • You want to earn the title of Dr.

Careers in the medical field often require a PhD

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Required degrees by career.

Most people are motivated to pursue higher education because their desired careers require they do so. Here, we will break down those fields that require the completion of a master’s degree as it’s high on the list of reasons why to get one.

  • Education Administration: To work as an administrator in an educational institution, you need to hold an advanced degree. A Master’s in Education (M.Ed) will provide you with the necessary knowledge and required skills to succeed in the field.
  • Executive Level Business: A Master’s in Business (MBA) will not only place you ahead of the competition to land high-level positions in the field of business, but it can also be the jumping off point for becoming your own boss.
  • Environmental Science: With issues in climate change and technological advancement, careers in Environmental Science are growing. As with most scientific careers, it requires a master’s degree where you will learn Applied Ecology, Environmental Policy, Environmental Chemistry, and more.
  • Mental Health: To become a licensed practitioner and assist in mental health counseling, you will continue your education through a master’s degree in the field.
  • Physical Therapy: Employers of physical therapists often prefer them to obtain a master’s degree in the discipline as the field is highly specialized.

Of course, some careers require a PhD. These careers are easy to spot because they have the prefix Dr. in front of them or the suffix like J.D. (Juris Doctor). To become a lawyer, doctor of medicine, veterinary medicine or psychologist/psychiatrist, you must obtain a PhD in the respective field.

Salary Differences Between Master’s and Ph.D. Graduates

According to a study performed by the Georgetown University Center on Education and the Workforce , the overall evidence shows that the higher the degree you have, the higher your salary potential. However, the differences vary by subject level and field.

In general, the expected lifetime earnings of those with each degree level is as follows:

  • High School Diploma: $973,000
  • Bachelor’s Degree: $1.3 million
  • Master’s Degree: $2.7 million
  • Doctorate Degree: $3.3 million

The Bottom Line

Aside from the financial cost and length of time, the opportunity to earn a master’s and a doctorate degree can offer several benefits.

However, it is an undertaking that requires a lot of dedication and motivation on behalf of the student. As such, it’s important to perform research on your desired career’s requirements, as well as your personal interest in pursuing either a Phd vs master’s.

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Graphic of Balancing Master’s vs PhD

Master’s vs. Ph.D.: What’s the Difference and Which One to Choose?

If graduate school is on your radar, one of the first things to consider is what type of degree you should pursue . While a bachelor’s degree is required for any postgraduate study, many people think you need a master’s to pursue a Ph.D., but that isn’t always the case. While there are benefits to receiving your master’s degree before your Ph.D., it’s not always necessary or required. However, there are important differences to note when deciding which type of program to apply to.

Master’s degree

A master’s degree usually takes about two years to complete full time. There are programs that allow a student to attend on a part-time basis, but that of course extends the completion time. Many master’s programs require a thesis to be completed, but not all. A thesis is a research project that is completed during the final year of a master’s program under the guidance of your program chair or advisor.

Under the master’s umbrella, there are quite a few specific degrees you can obtain. Your professional path will determine which of these you pursue.

  • Master of Arts (MA) is given for disciplines in the arts and social sciences.
  • Master of Science (MS) is given for sciences, health, engineering and statistics.
  • Master of Research (MRes) is focused on training students to become researchers. This is advantageous to a student if they’re pursuing a research-based career or planning to apply for a Ph.D. program.
  • Master by Research (MPhil) is similar to a MRes but is more advanced and focuses on research topics to be explored in depth. It’s often considered a precursor to a Ph.D. program.

Specialized master’s degrees

There are numerous specialized master’s degrees that are categorized by profession. These are often (not always) preceded by some professional experience prior to undertaking these types of advanced degrees.

  • Master of Business Administration (MBA)
  • Master of Library Science (MLS, MLIS, MSLS)
  • Master of Public Administration (MPA)
  • Master of Public Health (MPH)
  • Master of Social Work (MSW)
  • Master of Laws (LLM)
  • Master of Education (MEd, MSEd, MIT, MAEd, MAT)
  • Master of Engineering (MEng)
  • Master of Architecture (MArch)
  • Master of Fine Arts (MFA)
  • Master of Divinity (MDiv)

Ph.D. (Doctor of Philosophy)

There are many Ph.D. programs and, in general, it’s considered the most advanced type of research degree you can obtain. Ph.D. candidates are required to complete a dissertation to obtain their degree. Unlike a thesis, a dissertation is longer and consists of original research conducted throughout the entire doctoral study. In some cases, students may be awarded a stipend, or pay, to complete the doctoral program and dissertation.

Ph.D.’s take a considerably longer time to complete than a master’s, five to eight years on average, and they carry a rather high rate of noncompletion due to time and financial commitments. Many Ph.D. programs have stipends available, so it’s important to inquire about that when researching a particular program.

Specialized doctorate programs

As with master’s degrees, there are several specialized doctorate programs specific to different disciplines and areas of study:

  • Doctor of Business Administration (DBA)
  • Doctor of Engineering (EngD/PhD)
  • Doctor of Education (EdD/D.Ed)
  • Doctor of Social Science (DsocSci)
  • Doctor of Professional Studies (DProf)
  • Doctor of Architecture (DArch)
  • Doctor of Theology (Th.D)
  • Doctor of Divinity (DD/DDiv)
  • Doctor of Science STEM (Dsc/ScD)
  • Doctor of Science Arts & Humanities (DLitt/LitD)

When deciding which one to get, consider your immediate or long-term career goals — which degree would serve you best? In some cases, you can obtain a Ph.D. with just a bachelor’s degree, but often it’s recommended you get a master’s first for the research experience that will be required for a Ph.D.

As with anything, there are exceptions. Students in law school obtain a J.D. (Juris Doctor) but can then further obtain a master’s in a sub-specialty like tax or immigration law. The health care occupations of physical therapist and pharmacist are also doctorate programs obtained post undergrad.

Making your choice

As with any decision, weigh your options, list pros and cons, and go from there. Once you’ve narrowed your options , you’ll have a precise list of programs and institutions generated for your specific goals.

What Comes After a Master's Degree?

Know Your Graduate School Options Beyond a Master's

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  • Ph.D., Developmental Psychology, Fordham University
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After receiving your master's degree, there are still more options to study in graduate school, including an additional master's degree, doctorate programs (Ph.D., Ed.D., and others) and certificate programs to consider. These degree and certificate programs all vary in level, time to complete, and more.

Additional Master's Degrees

If you have already earned a master's degree and wish to continue your studies, you might consider a second master's degree. Since master's degrees tend to be specialized degrees, as you grow within your career you may find that a new specialty is required or that two specialties will make you an even more desirable candidate when job hunting. In education, for example, many teachers earn a Master's of Arts in Teaching degree but may return to the classroom to study for a degree in the field in which they are teaching, such as English or mathematics. They may also wish to pursue a degree in organizational leadership, especially if they are looking to grow into an administrative role in the school.

Master's degrees generally take two, sometimes three, years to complete (after earning a bachelor's degree), but pursuing a second degree in a similar discipline might allow you to carry over some credits and complete the program sooner. There are also some accelerated master's programs that can earn you a degree in less than a year; just be prepared for a lot of hard work. All master's programs entail coursework and exams , and, depending on the field, possibly an internship or other applied experience (for example, in some fields of psychology ). Whether a thesis is required to obtain a master's degree depends on the program. Some programs require a written thesis; others offer an option between a thesis and a comprehensive exam . Some programs provide capstone courses, which are usually semester-long courses that provide a comprehensive overview of everything learned within the program and ask students to complete several small thesis statements to demonstrate mastery.

A meaningful way in which master's programs differ from many, but not all, doctoral programs is in the level of financial aid available to students. Most programs do not offer as much assistance to master's students as they do for doctoral students, and so students often pay most if not all of their tuition. Many top institutions even offer full scholarships for doctoral students, but a doctoral program is usually a much more comprehensive and time-consuming educational program, requiring a full-time commitment, versus the possibility of working your full-time job while going for a master's degree.

The value of the master's degree varies by field. In some areas such as business, a master's is the unstated norm and necessary for advancement. Other fields do not require advanced degrees for career advancement. In some cases, a master's degree may hold advantages over a doctoral degree. For example, a master's degree in social work (MSW) may be more cost-effective than a doctoral degree, given the time and funds required to earn the degree and the pay differential. The admission offices at the schools you're applying to can often help you determine which program is best for you.

Ph.D. and Other Doctoral Degrees

A doctoral degree is a more advanced degree and takes more time (often a great deal more time). Depending on the program, a Ph.D. could take four to eight years to complete. Typically, a Ph.D. in North American programs entails two to three years of coursework and a dissertation — an independent research project designed to uncover new knowledge in your field that must be of publishable quality. A dissertation can take a year or more to complete, with most averaging about 18 months. Some fields, like applied psychology, may also require an internship of one year or more.

Most doctorate programs offer various forms of financial aid , from assistantships to scholarships to loans. The availability and types of support vary by discipline (e.g., those in which faculty conduct research sponsored by large grants are more likely to hire students in exchange for tuition) and by the institution. Students in some doctoral programs also earn master's degrees along the way.

Certificate Programs

Certificates can usually be earned in less than a year and are often significantly less expensive than going after additional degrees. If you're wondering what should come after your master's degree and you're not sure if a doctoral program is right for you, this could be the way to go. Certificates range in scope greatly and can allow you to hyperfocus on the areas in which you wish to excel. Some schools even offer certificate programs that are of a masters degree caliber, so you can walk away better prepared for your career and without breaking the bank. Employers who offer tuition assistance may look favorably on a less expensive certificate program as well.

Which Is the Best?

There is no easy answer. It depends on your interests, field, motivation, and career goals. Read more about your field and consult faculty advisers to learn more about which option best fits your career goals. Some final considerations are as follows:

  • What types of jobs do a master's degree, doctoral degree, and certificate holders have? Do they differ? How?
  • How much will each degree cost? How much will you earn after obtaining each degree? Is the outcome worth the cost? What can you afford?
  • How much time do you have to invest in additional schooling?
  • Are you interested enough to pursue many years of schooling?
  • Will earning a doctoral degree offer a substantial benefit in your employment and advancement opportunities?

Only you know which is the right degree for you. Take your time and ask questions, then carefully weigh what you learn about each, its opportunities, as well as your own needs, interests, and competencies. What comes after a master's degree is up to you.

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  • What Does It Take to Earn a Master's Degree?
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  • Should I Earn a Project Management Degree?
  • Should I Earn a Doctorate Degree?
  • Should I Earn a Real Estate Degree?
  • Types of Nursing Programs and Degrees
  • Degree Requirements for Therapists
  • Abbreviations and Titles All College Students Should Know

Should I Pursue A Master’s or A Ph.D.?

Shot of back of graduate looking into the distance with chin resting on hand at hooding ceremony

The first step in deciding on the right graduate program for you is to figure out which degree will best serve you—a master’s or a doctor of philosophy (Ph.D.). Here are a few factors to consider.

What are your career goals?

  • Professional master’s: A good choice if you want to develop a particular skill set in order to practice a particular profession. This type of degree provides coursework focused on learning and practicing skills.
  • Research master’s: A good fit if you want to gain expertise in a discipline and know how to teach it. A research master’s typically includes a research project or thesis and comprehensive exams in addition to coursework and provides experience in research and scholarship.
  • Ph.D. (doctor of philosophy): Consider this option if your goal is to ground yourself in a body of research and develop the ability to add to that body of knowledge. Ph.D. study includes a major research project in addition to coursework, and a Ph.D. is the highest scholastic degree awarded by American universities. Contrary to common perception, career paths for Ph.D. graduates are quite varied, not just limited to academia. Ph.D. training helps you hones skills such as writing, research, teaching, data analysis, communicating complex topics—all of which can translate into many sectors, including industry, government, nonprofit, and entrepreneurship.

See career data for Duke graduate programs' alumni

How much time do you have to pursue a graduate degree?

Master’s degrees typically take two years to complete, while Ph.D. programs generally take five to seven years ( see Duke programs' time-to-degree ). That is a significant difference in commitment and opportunity costs. It might also play a key role in deciding which factors take higher priority as you evaluate a program. How does the length of the program fit with your career and family plans? How important is the surrounding community if you are going to be there for seven years instead of two? How long are you able or willing to go on a limited income while in graduate school?

How much can you afford to pay for a graduate degree?

Consider your personal financial situation (e.g., how much savings and student loans do you have), as well as how much financial aid you can get. Master’s and Ph.D. programs differ greatly in the amount of financial aid available. Ph.D. programs tend to offer significantly more financial support than master’s programs (but often will have research or teaching requirements). 

A typical Ph.D. financial aid package usually includes coverage of tuition and fees, a living stipend, and some level of support for health insurance for a set number of years. For instance, Duke’s standard Ph.D. package covers tuition, mandatory fees, and a stipend for five years, as well as health insurance premiums for six years. 

Within an institution, the level of financial support often differs across programs, so be sure to ask your specific program about the financial aid it offers. There are also many national organizations that provide competitive fellowships and scholarships for graduate students.

Know which degree you want to pursue? Here are some key things to look for in a program .

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Land your dream job, the difference between a masters and a doctorate.

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There are a lot of degree types out there. Many fall into one of two camps: doctorates and master’s degrees. Both graduate degrees offer a narrower educational focus than the undergraduate experience. The higher the degree, the longer it takes to earn and the more specialized is its focus. We’re taking a closer look at the master’s and doctorate degrees to highlight differences and help you determine which might be most useful to you.

Master’s Degrees

Master’s degrees are more versatile than doctoral degrees, and have a wide range of professional and academic applications. The most common master’s degrees are Master’s of Arts (M.A.) and Master’s of Science (M.S.) . Additionally, there are three types of master’s programs:

  • Research Master’s degrees are typically for academic and applied research disciplines. Examples include a Master’s of Arts in Comparative Literature, and Master’s of Science in Biology. In some fields, earning a research master’s degree without going on to earn a Ph.D. restricts your professional options. Figure out what's best for you and your career trajectory by talking with professors or professionals in your field.
  • Professional Master’s degrees prepare candidates for professional work by introducing practical skills and frameworks for understanding issues in their field. These degrees may also qualify a person to practice in their field. Examples include a Master’s of Social Work, Master’s of Architecture, or Master’s of Art in Teaching. Most of the degrees featured at Idealist Grad Fairs are professional master’s degrees supporting careers in the social good sector.
  • Terminal Master’s degrees are the highest academic degree in their field. While some master’s degrees may serve as the first step towards a doctorate, others—such as a Master’s of Fine Arts in Creative Writing or a Master’s in Library Science—are as high as you can go for academic accreditation in those fields of study.

Before pursuing a master’s degree, candidates must have already earned a bachelor's degree. Master’s programs take one to three years to complete and consist of advanced-level courses and seminars. In some programs, students go on to research, write, and defend a master’s thesis. In professional master’s programs, the thesis is often replaced by final projects and exams.

Doctoral Degrees

The most common doctorate is the Doctor of Philosophy or PhD. These research doctorates prepare students to contribute to the collective knowledge base of the field and offers a unique opportunity for an individual to conduct intensive and prolonged research on a very particular topic, which often leads to publication. With a PhD, many seek careers as professors and researchers, but may also pursue roles in the nonprofit, public, and private sectors. Additionally, there are professional doctorates like the MD (Medical Doctor), and the JD (Juris Doctor). Before pursuing a doctorate, candidates must have already earned a bachelor's degree and in some cases a master’s depending on the program. Due to the nature of specialization, PhD programs tend to be smaller than master’s programs.

PhD candidates begin by taking courses and exams. They go on to take advanced seminars and complete their requirements by researching, writing, and defending a dissertation. A dissertation is one of the central components of earning the PhD and is a doctoral-level thesis about the candidate’s original research. A doctorate degree may take up to eight years to earn depending on the program, whether the candidate has already completed a master’s degree (or is coming straight from undergraduate), and the amount of time it takes to complete the dissertation.

Dual Degree Programs or Joint Master’s and PhD Programs

If you decide both degree programs sound right for you, there are some programs that offer the option to pursue both degrees at the same time. A dual degree program allows you to double count your earned credits towards the completion of both degrees. You can find more information here .

How to decide which degree is right for you?

Figuring out whether to pursue a master's or PhD will depend on your career field and educational goals. You can learn more about requirements in your field by doing some research or your own as well as networking with colleagues. Reaching out to a mentor in the field or alumni from your preferred program can also help you navigate graduate school decisions. Additionally, speaking with admissions staff at graduate schools can help provide insight into the kinds of graduate programming available. 

It can be tricky to offer general guidance on graduate programs since so much is dependent on the field of study. That said, we wanted to offer examples of how master’s and doctorate degrees can set you up for success. We've selected social work and business as fields to illustrate this:

Social Work

If you want to go to graduate school to study social work, you can study at the master’s level or the PhD level. To determine what is best for you, consider what role you’d like to play in the field of social work. If you’d like to be a social welfare direct service provider or government agency administrator, a master’s program may be most appropriate. If you’d like to become a faculty member at a post-secondary institution, a social welfare research scholar, or a social welfare policy analyst, a Ph.D. program will be a better fit. Outside of academic settings—where a doctorate is required for most faculty positions—a master’s combined with practical work experience may provide ample preparation for a career as a researcher, policy analyst, or mid-level manager.

For business administration, you have the option of a Master’s of Business Administration (MBA), or a Doctorate of Business Administration (DBA). If your long term goal is to take on a leadership role in a nonprofit or business enterprise, the MBA (or nonprofit management degree) may be best. If instead, you’re interested in a career in academia teaching and researching on business practices, the DBA will be the better option.

Knowing your professional goals will help guide your choices for graduate study. Certain career paths, such as becoming a public defender or a medical doctor, are more clearly marked with the necessary steps, including the required educational level and graduate degree. Other career paths are less regimented and therefore require more investigation and consideration of what is right for you. Thoroughly researching your field of interest and having a strong understanding of the skills and knowledge you want and need from your graduate education will inform which degree options make the most sense for your goals.

Planning on returning to school? Check out our Grad School Resources . And if you’re interested in speaking with an admissions representative, find out which cities near you are hosting an Idealist Grad School Fair this fall.

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Master’s vs PhD/Doctorate Degrees – Key Differences

is master's degree and phd the same

So, you are done with your bachelor’s degree but not with studying–according to the U.S. Bureau of Labor Statistics , this seems like a good idea. In its projections for the years 2019–2029, it lists 36 occupations that typically require a master’s degree and 63 requiring a doctoral or professional degree. The Bureau of Labor Statistics data also shows that the wages for these occupations are higher than the median for all occupations. 

Now you might wonder: What is the difference between master’s and PhD degrees and which one should I get? Read on for all the information you need to make this important decision!

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Difference Between Masters and PhD: An Overview

A master’s degree is designed to teach you the knowledge and skills that you will need in your future profession. A PhD or doctorate degree, on the other hand, is designed to develop your critical thinking as well as your analytical and writing skills and is usually a years-long commitment to independent research on a specific subject. The purpose of a PhD is to prepare you for a career in academic research—although it can also help you get into a variety of other professions, and at a higher entry/salary level. In the US, a master’s degree is integrated into a PhD program, as a necessary preparation period involving mostly coursework, while in most other countries, a separate master’s degree is required to enter a PhD program.

If you want to stand out, you should definitely opt for a PhD degree: According to the United States Census Bureau , 24 million people in the US had master’s or professional degrees in 2019, whereas only 4.5 million had PhDs/doctorates. But is it worth the extra effort? And what exactly would the extra effort be? Have a look at the table below to get an idea about the key differences between master’s and PhDs.

Master’s vs PhD

Master’s or doctorate: which should you choose, how long does a master’s vs doctorate take to complete.

While the length of time it will take you to complete a PhD or master’s degree varies significantly between institutions and countries, we will focus on the US system here. Obviously, PhDs take much longer, because they are in fact a combination of both degrees and involve a long period of independent research that can get even longer than expected, depending on your topic, the available equipment or support, and a lot of other factors.

How long to complete a master’s degree

In the US, a full-time master’s degree takes students generally 2 years to complete, while part-time degrees are usually double the time.

How long to complete a PhD/doctorate

Since US PhD programs only require a completed bachelor’s degree, they start with an integrated master’s of 2 years of coursework, followed by 3–4 years of independent research into a specific topic. That usually includes publishing results, presenting at conferences, and preparing the final dissertation. Note that stipends/funding do not always cover the entire time it can take you to complete your PhD project—make sure you are aware of alternative options and additional funding at your institution or have at least thought about a backup plan before you start.

Master’s Degree Cost vs. a PhD Cost

Most people assume that PhDs are more expensive because they take many more years to complete. However, since PhD students usually receive scholarships or stipends, sometimes just for their commitment to full-time research and sometimes in exchange for teaching, the direct costs for a dissertation can be lower than those for a master’s degree. 

Additionally, while you are very likely to earn more with both degrees, the additional years of studying for a PhD should be factored into any estimation of costs vs outcomes.

Cost of a master’s degree

Master’s degrees at US universities can cost anything from $30,000 to $120,000, with tuition depending on the type of institution (public, private nonprofit, or for-profit). University rankings and general reputation also affect tuition costs. 

Whether an expensive degree (e.g., MBAs are often notoriously expensive) is worth the money for you personally depends on what kind of salary you think you can expect after graduating from that specific school. The universities you consider applying to should be able to provide you with data on the career and salary outcomes of their students, either on their website or if you contact them and ask for these details.

You can of course try to get a stipend and/or apply for a teaching or research assistant position at your school, depending on your undergraduate degree and experience. Moreover, many institutions offer the possibility to complete a master’s degree part-time, while working, which allows students to fund themselves.

You might also be eligible to transfer credits toward your degree if you have a professional certification or have earned graduate-level course credit—which can significantly reduce your total cost for both degrees.

Cost of a PhD/dissertation

PhDs, unlike master’s degrees, are usually funded, which means that tuition fees are waived and stipends or scholarships take care of living costs. Phd students are, however, often expected to take on teaching or research responsibilities in exchange for their funding. 

There are a variety of scholarships you can apply for if you want to pursue a PhD in the US as an international student—US-based ones like the Fulbright Foreign Student Program or the HHMI International Student Research Scholarships , but there are probably also funding opportunities in your home country for students who want to embark on a PhD abroad.

Pursuing a PhD degree part-time might sometimes be possible, but since students are expected to invest a full workweek into their research and potential teaching responsibilities, this is usually not realistic.

To estimate the overall cost of a doctoral program, the extra years that you could be working a full-time job with a regular salary also need to be factored into the equation—and take into account that projects may end up taking longer than expected, due to difficulties in collecting data, supervisors dropping out or moving on, or unforeseeable crises such as the COVID-19 epidemic.

Career Prospects for a Master’s vs PhD

While both a master’s and a PhD degree will qualify you for a variety of occupations that require higher degrees, they can also get you a higher salary in a profession that is also open to employees with a lower education level. PhD holders can in theory expect the highest wages, but since the two degrees prepare you for very different careers, that alone shouldn’t be what you base your decision on.

Master’s degree jobs and positions

Master’s degrees are overall more versatile than PhDs when it comes to employment opportunities and cover a wide range of fields and professions. The most common master’s degrees are the Master’s of Arts (MA) and the Master’s of Science (MS). 

Master’s programs can generally be divided into three different types:

Research master’s degrees, such as an MA in Comparative Literature or an MS in Biology, prepare students for academic and non-academic research disciplines and usually end with a thesis based on an original piece of research. In some fields, however, you are expected to enter a Ph.D. program after completing your master’s to be competitive when it comes to finding a job later.

Professional master’s degrees teach you practical skills and in-demand competencies that qualify you for a specific field and enable you to understand issues that are relevant in a certain profession. Examples include the Master of Public Health (MPH), the  Master of Business Administration (MBA), or the MA in Teaching (MAT). 

Terminal master’s degrees are the highest academic degree in fields where doctorates are not offered, and prepare students for careers outside of academia. The Master’s of Fine Arts in Creative Writing, for example, or the MS in Library Science are as high as you can go in those fields.

To give you an idea, below, we listed the 10 occupations at the master’s level that are projected to have the most openings annually from 2019 to 2029, according to the U.S. Bureau of Labor Statistics, and the highest-paying occupations for master’s degree holders without required work experience, based on projections from 2016 to 2026.

Master’s degrees, apart from helping you develop professional skills tailored to the requirements of the profession you intend to enter, can also serve as a stepping stone if you are already in employment and want to progress your career development, earn a higher salary, or change careers by learning new skills and subject knowledge.

PhD/doctorate jobs and positions

PhDs are usually intended to lead to an academic career, and many students aim to eventually become university professors. However, careers in academia are highly competitive, and there are not nearly as many professor positions as there are PhD holders. The good news is that the skills you learn during your doctoral program are often “transferable” and can be applied to other types of careers. 

Some PhD graduates end up (and enjoy) being colleague teachers, while others embark on non-academic research careers, for example at pharmaceutical companies, government agencies, consulting and technology firms, or think tanks. Job prospects vary widely across fields, with some—computer science, engineering, or economics—having very low unemployment rates, and others, for example the humanities, offering fewer and less desirable employment opportunities. Keep in mind, however, that someone with a PhD entering a different field or one that does not necessarily require a PhD may find that their degree sometimes does not help them or that they are even considered to be “overqualified” or as lacking practical skills and relevant professional experience.

Since there is no clear career path for PhD graduates, you should really take your time figuring out what field you want to work in later, what the career prospects for that field are, and if they are worth the time and effort you will have to invest to complete a PhD program. Your university should have data on the careers and salaries of their students, and should either display these details on their website or send you the relevant information if you contact them directly.

Master’s vs PhD: Application Process

The application process for master’s and PhD programs is overall very similar. In general, you will need to provide the following:

Frequently Asked Questions about Master’s vs PhD Degrees

How long does a master’s degree take vs a phd.

Full-time master’s degrees usually take 2 years to complete. Many universities offer the option to do a master’s part-time, which takes double the time. PhD programs in the US  start with an integrated master’s of 2 years of coursework (since you enter the program directly after completing your bachelor’s degree), followed by 3–4 years of independent research. 

Is a PhD harder than a master’s degree?

A PhD takes substantially longer and requires more self-motivation, organizational skills, and the willingness to carry on even when things do not go according to plan. You might also have other responsibilities, on top of your research, such as teaching or assisting your supervisor. But whether that is “harder” for you than a master’s degree that consists of mostly coursework and does not take more than 2 years depends on your interests and general working style. 

Is a master’s or doctorate better?

Master’s and doctorate degrees prepare you for different occupations and work positions, and which one is the right for you depends on what kind of career you are planning to pursue. Generally, a master’s degree is right for you if you want to deepen your career-oriented knowledge and skills for a specific profession, while a doctorate degree prepares you for a career in research, whether that is inside or outside a university.

Preparing Your Graduate School Essays

Now that you have figured out whether a master’s or PhD degree is the right choice for you, all that is left to do is to put your application together! Make sure that you focus on your chosen degree and its aim (research or a professional career) in all required documents—for example, highlight your professional and personal development in your CV for an MBA program, but the publication you got out of your bachelor’s thesis and how passionate you are about doing more research on the same topic for your application to a PhD program. 

As always, Wordvice can help with our professional Personal Statement Editing Services or Admission Editing Services , which help ensure that your application is error-free and showcases your full potential so that you get admitted to the graduate or doctoral program of your choice. For more academic resources on writing the statement of purpose for grad school or on how to request a letter of recommendation , head over to our Admissions Resources pages.

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is master's degree and phd the same

Master's vs Doctorate: Which Degree is Right for You?

Graduate degrees are becoming increasingly popular. 

According to the world’s largest and most sophisticated database of labor market and talent data from Burning Glass Technologies, 19% of U.S. job openings in the year 2018 requested a graduate degree. And that trend isn’t changing any time soon. In fact, the Bureau of Labor Statistics expects master’s-level occupations to grow by 17% by 2026. Employment for doctoral- and professional-level degree is also projected to grow by about 13%. Both of these projections are much faster than the 7% average for all occupations. 

The demand for both master’s and doctorate degrees is high. But how do you know which level of educational attainment is right for you? Does your industry or career aspirations necessitate one degree or another? Will you personally benefit more from a master's or doctorate?

We’ll show you how to take all these factors into consideration to help choose if you should get a master’s degree, or if you should complete your master's and go on to pursue a doctorate degree.

Master's vs Doctorate: What are typical program requirements?

Whether you pursue a master’s degree or doctorate degree program, it’s a significant commitment of time, energy and finances. Before you choose, you should understand the requirements for not only getting into a program, but also completing your master’s or doctorate degree.

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Now that you have an understanding of what committing to a master’s degree or doctorate degree entails, compare the focus of the program and coursework. 

Master's vs Doctorate: What’s the difference in content and coursework?

The focus of master’s degrees and doctorate degrees is different. 

A master’s degree is designed to deepen career-oriented knowledge and skills. A doctorate degree is a heavily research-based degree, designed to develop critical research,analytical and writing skills in an effort to fill industry knowledge gaps.

Because of these different goals, the makeup of the coursework and content is also distinct.

Master’s programs feature three different types of courses:

  • Core courses: These courses are required to complete your master’s degree and are considered essential knowledge to advance your industry expertise.
  • Electives: These are a selection of courses that allow you to further specialize your degree with concentrated knowledge in specific areas. They can also be used to broaden your experience in related subject areas.
  • Capstone course (or thesis): The culmination of a master’s degree, a capstone course or thesis usually involves conducting research and presenting your findings.

Doctorate programs are broken down into four distinct parts:

  • Coursework: These advanced courses are required knowledge for passing your comprehensive exam. 
  • Research Core: These courses impart essential research, analytical and writing skills to prepare you to complete your dissertation.
  • Comprehensive exam: The comprehensive exam tests your understanding of key concepts learned through your coursework. Passing your comprehensive exam is essential to beginning your dissertation.
  • Dissertation: You work with a dissertation committee to identify a research topic. Then you complete in-depth research, analysis, and writing before you defend your original research to your dissertation committee. 

As you consider these degrees, decide which better fits your academic and professional goals, as well as your personal interests and learning style.

Master's vs Graduate: How much will the degree cost?

We know that cost is a top concern for individuals deciding what degree to pursue. Unfortunately, it’s also one of the most difficult questions to answer. Cost estimates for a master’s degree can be anywhere from $30,000 to $120,000—and costs for doctorates can range just as widely. 

If you’re trying to evaluate the cost of a master’s vs doctorate degree you need to look at important factors like:

  • Type of institution: Whether you choose a public, private nonprofit or for-profit school will impact how much you pay in tuition. The reputation and rankings of a university also affect the cost of tuition. 
  • Time to graduation: How many courses you take at one time and the total number of credit hours you need to graduate affect the cost of both master's and doctorates. Doctorates depend highly on an individual’s time and commitment to completing the research and writing of an original dissertation. Also, keep your other personal and professional commitments in mind when estimating how long it will take to earn your degree (and how that will impact cost).
  • Transfer credit: If you have a professional certification, or have earned graduate-level course credit, you may be eligible to transfer credit toward your degree. Getting transfer credit can significantly reduce your total cost.

Remember: To complete a doctorate degree you must first complete a master’s degree. So if cost is a top concern, evaluate which institution and program will give you the best value. In some cases, you may even be able to complete both a master’s degree and doctorate degree at a lower cost than a master’s degree at a school with high tuition. 

Earning a doctorate is challenging and rewarding, but do you know what to really expect? Download this free guide for tips and insights to help you prepare for success.

Master's vs doctorate: what are the outcomes of each degree.

When it comes to the outcomes of a master’s or doctorate degree, you should look at three key factors: skillset, career prospects and salary expectations. Let’s dive into the differences between the outcomes of these two types of graduate degrees.

  • Skillset: Master’s degrees focus on the expert command of industry-specific skills, while working to develop critical-thinking and problem-solving skills. On the other hand, doctorate degrees are nearly the inverse—they heavily focus on research, analysis and writing in support of developing transferable skills that can be used to fill gaps in industry knowledge.
  • Career prospects: Career advancement is a primary goal for people who pursue master’s and doctorate degrees. Master’s degrees are seen as career-oriented degrees that prepare you for management and leadership positions. More and more, doctorate degrees are becoming the norm for top executive positions, as well as opportunities to transition your career into academia.
  • Income: Both master’s degrees and doctorate degrees significantly increase your salary expectations and lifetime earning potential. But which is worth more? According to the BLS, a master’s degree has the power to boost your earnings by 17% when compared to a bachelor’s degree, while a doctorate degree can bring in a salary 30% higher than a bachelor’s degree. According to the U.S. Census Bureau, an individual with a master’s degree can also earn more than $2.8 million in their lifetime, while a doctorate degree can earn you over $3.5 million.

Comparing the Benefits of Master's vs Doctorate Degrees

There are a lot of factors that go into choosing a master's vs doctorate degree. But as you evaluate all of the different aspects of these programs, make sure to keep your long-term goals in mind. We’ve outlined four key ways to compare the benefits of master's vs doctorate degrees against your goals.

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Master's vs Doctorate: Popularity meets possibility with online degrees

As demand increases for advanced degrees, professionals are looking for ways to make getting their graduate degree more attainable. That’s why online master’s and doctorate degrees are more popular than ever. Online degrees offer working professionals the opportunity to get their degree without stalling their career.

popularity-online-graduate-degrees.png

Getting your master’s degree or doctorate degree is a lifetime achievement that can help you advance your career. If you’re considering your options for a master’s or doctorate degree, explore Franklin University’s online master’s degrees and online doctorate degrees to find a program that can help you take your career to the next level.  

is master's degree and phd the same

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is master's degree and phd the same

  • Second Master’s or PhD? – A Comparison
  • Types of Doctorates

A second Master’s degree is best suited for those who want to work in industry, but first either want to acquire additional knowledge in their current field or move to a new one. A PhD is best suited to those who want to gain advanced research skills and expertise in their current field and pursue a career in research or academia.

Introduction

It’s common for Master’s students to be plagued by the thought of what they will do next as they near the end of their current degree. Whether it’s taking a gap year, starting their career or continuing education, one thing is clear: there are many possibilities.

If you decide to stay in education, you’ll likely at some point consider whether it’s better to do a second Master’s or a PhD. You’d be right to give this serious thought, as the two degrees have significant differences, from their costs and durations, to the career paths they offer.

This page explains the differences between a second Master’s and a PhD, the pros and cons of each, and will help you to decide which of the two degrees is best for you.

Second Master’s vs PhD

Level of specialisation, master’s.

A Master’s degree, regardless of whether it’s an MSc, MRes or MPhil, aims to provide you with targeted knowledge that builds on what you would have learnt from your undergraduate degree. Although each type of Master’s degree has its own focus, such as an MSc on practical knowledge and an MPhil on research skills, the specialisation they offer isn’t as in-depth as that offered by a PhD. This is because they have a wider curriculum and usually utilise several teaching methods, including lectures and tutorials, which provide a range of knowledge around several closely related subjects.

PhDs are the highest form of academic qualification you can obtain and offer more specialised knowledge than any Master’s degree. Unlike Master’s degrees, which are based on a mixture of teaching methods and curriculum, PhDs are purely research degrees and focus on a specific research question.

A second Master’s degree will provide you with specialist knowledge in various subjects in your field. A doctoral degree will provide you with research skills and expert knowledge in a single topic within your field.

Programme Duration

Most Master’s courses take one year to complete, with an MPhil two years. However, the exact duration will depend on your specific course, type of Master’s and university.

A PhD lasts on average three to four years , with part-time studies lasting up to eight years.

Since a doctorate lasts several times longer than a Master’s, it requires a much greater commitment.

Programme Cost

The cost of a second Master’s degree will vary depending on its type, subject and host universities. Based on an analysis by FindAMaster’s , which summarises tuition fees from the International and Postgraduate Fees Survey 2019 , the average academic tuition fee per year for a Master’s degree in the UK is:

The average tuition fee per year for a PhD in the UK is £4,407 for home/EU students and £19,600 for international students .

There are other fees associated with doctoral research projects that aren’t present with Master’s studies. These include bench fees, travel costs for collaborations and conferences, and potential writing up fees for late thesis submissions.

Annually, a second Master’s degree is twice as expensive than a PhD for home/EU students, and slightly cheaper for international students. However, considering the typical duration of these programmes, a PhD becomes significantly more expensive; twice as expensive for home/EU students and four times as expensive for international students:

Notes: (1) The tuition fee values for the second Master’s is based on the average fees for an MSc. (2) The above table assumes a second Master’s duration of 1 year and a PhD duration of 4 years. (3) The fees and durations are indicative – the exact values vary depending on the course and university.

It’s also important to bear in mind that many PhD programmes come with funding which covers the cost of their fees. Many funding packages also include a living allowance (known as a stipend) which is comparable to a low salary. It is usually much more difficult to secure non-repayable funding for a Master’s programme unless it’s integrated with a PhD programme.

Employability

The skills and knowledge gained through a Master’s degree are general enough to apply to other relevant disciplines. For example, a Master’s degree in statistics would enable you to work in finance, medical analysis, and specific engineering fields etc. Due to this, a second Master’s could help make you suitable for an even wider range of professional fields.

Because a PhD focuses on advanced research methods and a specific research question as opposed to the broad field, your career path is usually refined to the more advanced positions which require expert knowledge. This doesn’t mean that you cannot apply your skills elsewhere, but most PhD holders remain in their field after completing their studies.

It’s worth noting, however, that there is a growing trend for PhD holders to use the transferable skills they acquired during their degree to successfully reposition themselves in careers outside of academia. In fact, STEM PhD holders are particularly sought after in the financial sector because of their proven ability to perform complex tasks under strict deadlines.

Both a second Master’s and a PhD offer excellent employment opportunities. However, a second Master’s usually offers greater career flexibility across industries, especially at the beginning of a career. A doctorate opens up the more demanding positions within a field, but can sometimes make it more difficult to change industries.

Finding a PhD has never been this easy – search for a PhD by keyword, location or academic area of interest.

Advantages and Disadvantages of a Second Master’s

Improving skills:  A second Master’s can strengthen your skills within your current field. For example, suppose you have an MEng in Biomedical Engineering. Here, you know of the technical aspects and their application, but you do not necessarily know how to innovate and develop them further. You could fill this skills gap with an MRes or an MPhil that would provide you with complimentary research and investigatory skills. Improving your skills won’t only help you advance faster in your career faster but may also open up future roles that would not otherwise be available to you.

Career change:  After completing your first Master’s degree, you may decide that the field is no longer suitable for you. In these scenarios, a second Master’s degree can facilitate career changes. This will have obvious limitations, for example, you shouldn’t expect to be able to do a Master’s in Biomedical Engineering with a Master’s in Classical Literature, however, if you already have a Master’s in another type of engineering, this transition would be possible.

Bridge between different Industries: In STEM subjects, there is extensive interaction between different industries. Although this interaction has always existed, it has grown steadily as more industries try to innovate and tackle more ambitious projects. There’s an obvious need for multidisciplinary roles, and a second Master’s degree in a relevant subject can make you desirable for this reason.

Disadvantages

Perception: If you carry out a second Master’s in a field unrelated to your first, even if to facilitate a career change, it can lead to potential employers perceiving you as unfocused. Although this shouldn’t be the case for large multidisciplinary organisations, it may deter the more specialised companies.

Salary: While a second relevant Master’s in the same subject field may increase your earning potential, a second unrelated Master’s is unlikely to. Although an unrelated second Master’s isn’t a disadvantage if being used to facilitate a career change, it will probably be an unnecessary use of time and money if you intend to stay within your current career path.

Advantages and Disadvantages of a PhD

Establishing yourself as an Expert: Any individual who holds a doctorate is considered an expert in his or her field. Therefore, a PhD has not only a prestigious status but also opens up roles in advanced research and academia.

Commitment: A PhD shows your willingness, commitment and motivation to learn. This makes you highly desirable for employers, as a strong passion for continuous learning usually correlates with the potential to become industry leaders.

Less freedom:  Taking three to four years to complete, a PhD is a huge commitment. As a result, many feel pressured to stay in their field to ensure that their PhD was ‘worth’ it, even if they no longer feel that the field is the right one for them. Although it is still possible to change paths after your doctorate, and many do so successfully, many feel ‘locked’ into their path after they finish their studies.

Over-qualified: You may find it difficult to find a job outside of research or academia, as employers may consider you over-qualified and therefore believe that you will quickly leap from the role to a more challenging one. They may also believe you lack practical work experience compared to your counterpart, who has a Master’s degree and has been working in the industry whilst you were working on your academic studies.

Cost: While PhD programmes can come with funding that helps to finance tuition fees and living costs, the funding usually covers only the first 3.5 years of full-time programmes and the first seven years of part-time programmes. You may be determined to complete your doctorate within this timeframe, but it is not uncommon for students to experience setbacks in their research that take them beyond the period for which they’re funded for. This means they have to pay the rest of the fee themselves, which can be a significant burden for some, especially if they lack the savings to do so.

Deciding between a second Master’s and a PhD may seem like a tough decision, but ultimately it depends on what your career goals are. Therefore, the first thing to do is to ensure you’ve thought about your future and have a good idea of where you want to go after your education.

A second Master’s is best suited to those who want to either gain more specialised knowledge in their current industry or make a job change by transitioning into a new industry. A PhD is best suited for those who want to gain advanced research skills and knowledge in their field and pursue a career in research or academia.

Either way, both options offer great opportunities and will open new doors for you. Which of the two degrees is better for you depends on which door you would like to open.

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  • Psychology Programs

is master's degree and phd the same

What are the Differences Between a Masters and PhD in Psychology?

Choosing a path in psychology can be a bit like picking a route for a big journey. Should you stop at a master’s or go all the way to a PhD? While both are advanced degrees, they serve different purposes.

A master’s in psychology usually takes less time and provides a general overview, helping you get into various career paths within the field. A PhD, however, is a longer journey, focusing on specialized research and allowing you to become an expert in a specific area.

So, whether you are dreaming of counseling, teaching, or groundbreaking research, understanding the distinctions between these degrees is crucial. Let’s explore both options to find which suits you best!

psychology phd vs masters

Masters Vs. PhD in Psychology

A master’s in psychology typically takes 2-3 years and provides foundational knowledge and skills for various psychology-related careers. On the other hand, a PhD in psychology, taking 4-7 years, emphasizes research and advanced expertise, preparing graduates for academic, research, or specialized clinical positions.

To work in the field psychology, you need to have a minimum of master’s degree in psychology , and if you want to become a licensed psychologist , then a PhD will help you do that.

Master’s and Ph.D. degrees come under the heading of graduate studies. As mentioned above, a master’s degree in psychology typically takes between 2 to 3 years to complete in addition to an undergraduate in the same subject.

There are different types of psychology master’s degrees with the two most common being a Master’s of Art (M.A.) and a Master’s of Science (M.S.) . Without a master’s degree in psychology you cannot get licensed and hence you cannot begin practicing freely.

If your focus in psychology is more towards the applied side, you will need to complete an internship as well. Depending on the program, students may also need to prepare a thesis report towards the final months of a master’s program.

When it comes to a psychology doctorate degree , there are essentially 2 options – a PhD (Doctor of Philosophy) or a Psy. D (Doctor of Psychology) . A PhD in psychology is more research oriented, whereas a Psy. D is more focused towards the practical and clinical sides. However, we are limiting our discussion to a PhD in psychology.

Typically a PhD can take between 4 and 7 years depending on how you approach it and on your work schedule. A few years of course work and a final dissertation are almost always required in a PhD program. Some PhD programs even require students to complete an internship which formally marks the end of their doctorate program.

The Road to Get There

To get into a master’s level program in psychology, it is preferred that candidates possess an undergraduate background in psychology. At the undergraduate level, students are presented with the opportunity to choose their majors which is then carried forward in the master’s program.

The undergraduate degree is necessary for creating a strong background and laying the right foundation for students. Some masters programs prefer that candidates have gone through some practical training which usually takes the form of an internship.

A master’s degree in psychology can also serve as an inroad to a PhD in psychology. Many top university PhD programs require students to have a master’s degree in psychology under their belt as a pre-requisite.

However not all PhD programs have that requirement. Some programs offer students a terminal master’s degree in the process of a PhD. This is basically a specialized master’s program that prepares students in their area of expertise and professional practice.

It is often required by PhD level psychology programs for students to have some kind of prior practical experience. This could be an internship or an assistant level position to a senior psychologist. With added practical experience, the concepts taught at the doctorate level are easier to understand and make more sense.

After Graduation

Psychology is a vast and quick expanding field of science which means that demand for qualified psychologists is high. With a masters level psychology you may land some entry level jobs such as a research assistant, assistant to a supervisor, teacher’s assistant and so on. You may work with other psychologists and learn from them on the job.

Opportunities may also exist in mental health institutes, schools and the like. You may also sit-in some sessions with a senior as they treat other patients. Initially there will be a lot of interaction with seniors in a controlled environment.

With a PhD in psychology under your belt you may be exposed to a more challenging and dynamic work environment. You may be part of an experiment where patients are kept under closely monitored situations. Pharmaceutical companies may contract your services to work on drug trials for instance.

Depending on your chosen niche, you may spend time with patients at correctional facilities, detention centers and even prisons.

Which One is Right For You?

There is no right answer for this question. Both degree options have their own merits, requirements and results. What matters is your drive and motivation as well as your career aspiration. For starters, you need to have an interest in the subject of psychology, otherwise there may not be any point in doing a masters, let alone a PhD.

A masters can only take you so far career-wise, sooner or later you will need to rely on a PhD to take your career to the next level – therefore you need to consider your vision. The best way to answer this question is from a timeline point of view – you must prioritize your goals at the given time.

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Difference Between a Graduate & a Master's Degree

How to Transfer Back to Original College

How to Transfer Back to Original College

Graduate college degrees typically follow a bachelor's degree and require additional years of study. A master's degree isn't different from a graduate degree, because it's actually a type of graduate degree. A master's provides advanced study after the bachelor's that is focused on a specialty or major, such as English literature. The other type of graduate degree is a doctorate, which takes more time to complete than the master's and is the most advanced college degree.

Master's Degree Programs

You can earn a master's degree immediately following the bachelor's degree. Full-time master's programs typically take two years, but some programs are designed for completion in only one year. Examples of master's degrees are a Master of Arts , Master of Science , Master of Fine Arts and Master of Business Administration . A typical master's program includes 30 or more semester units of work, and some programs require preparation of a thesis.

Doctoral Degrees

A doctorate is the highest college degree and usually takes four years or more after the bachelor's. Depending on the university and major, you can enter a doctoral program after the master's degree or directly after the bachelor's. Professional doctoral degrees are those that prepare you for specific jobs. Some examples include the Doctor of Medicine , Doctor of Education, Doctor of Physical Therapy and Doctor of Law . The Doctor of Philosophy , or Ph.D., is an academic degree that emphasizes original research and requires the preparation of a thesis.

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How to Apply to Luddy's Master's Program

Applications are accepted for the spring and fall.

Requirements

  • All programs require a bachelor's degree and a 3.0 GPA on a 4.0 scale.
  • The Graduate Record Exam (GRE) is optional for master's applicants.

Applied Data Science

  • Calculus and linear algebra ( resources )

Programming

  • Strong background in computing, information technology, or biology.
  • Linear algebra
  • Statistics or probability theory
  • Data structures
  • Discrete structures or discrete mathematics
  • Biochemistry
  • Computer science
  • Engineering
  • Health information management
  • Mathematics
  • Computer programming (e.g., C, C++, Java, Javascript, or Python)
  • Medical terminology
  • Human anatomy and physiology

Human-Computer Interaction

Successful applicants should have knowledge and skills in one or more of the following areas:

Proficiency in:

  • One or more programming languages (e.g., C, C++, Java, Javascript, or Python)
  • Programming methodologies, such as system design and architectures or problem and algorithm analysis
  • Other computing knowledge, such as artificial intelligence and database administration

Proficiency with:

  • Principles and processes of visual communication, industrial design, digital media
  • Knowledge and application of 3D animation or modeling tools
  • Design methodologies for 2D and 3D product development
  • Conceptual modeling, prototyping, and product delivery
  • Fundamental concepts of visual communication (e.g., page design/layout)
  • Design principles, typography, and color theory
  • Application of digital authoring tools for Web or interface design

Social Sciences

Coursework in:

  • Psychology (general, cognitive, and behavioral)
  • Sociology and anthropology (ethnography)
  • Cross-cultural psychology and communication, information management, or information and library science
  • Business, product strategy, management, marketing, and related areas

Library and Information Science

  • Minimum undergraduate GPA of 3.0 on a 4.0 scale or 3.2 in the latest graduate degree or representative graduate hours.
  • GRE scores are required for applicants not meeting minimum GPA requirements.

Application Deadlines

  • January 15 (Early action)
  • March 1 (International)
  • May 1 (Domestic)
  • June 1 (MLIS students)
  • August 1 (International)
  • October 1 (Domestic)
  • November 15 (MLIS students)
  • March 1 (MLIS students only)

Application Instructions

The Graduate Admissions Committee will review applications when all required materials are submitted and received and the $70 application fee is paid by the deadlines indicated.

Personal Statement

MLIS Program

Submit a 750-1,500-word personal statement. Your personal statement should indicate the following:

  • In what manner do you see yourself as a future library/information leader in your future organization and community?
  • What examples can you provide that illustrate how you work as a constructive member of a team to solve problems?
  • Provide your perspective on or experiences with technology in information services.

All other M.S. programs

Submit a 500-750 word personal statement in your own words indicating

  • Why you’re applying to the program
  • Your post-graduation career plans

The  IU Writing Center  provides instructions on how to write a personal statement and avoid plagiarism.

Transcripts

Upload transcripts and/or academic documents for every institution of higher education you attended to the online application. If a transcript is not in English, upload an English translation certified by the college issuing the transcript.   We do not require hard copies of transcripts for application review. You do not need to physically mail any documents for admissions purposes.

Applicants with a bachelor’s , master’s or professional degree from a non-U.S. institution are encouraged to submit an official course-by-course transcript evaluation completed by one of the following credential evaluators:

  • World Education Services (WES)
  • Educational Credential Evaluators (ECE)

All transcripts and/or academic documents uploaded with the online application are considered unofficial. Your unofficial transcript will be used for application review and admission. If you are admitted, you must submit your official hard copy transcripts. If you are currently finishing your bachelor’s degree, you must submit a document that certifies the awarding of the degree.

We accept official electronic transcripts submitted directly from the awarding institution.  Those transcripts can be submitted to our admissions team at  [email protected] .

We do not require transcripts from Indiana University campuses.

Three (3) letters of recommendation are required from either academic or professional sources. Recommendation information is submitted though the online application by the applicant and an email request will be sent automatically to the recommender on your behalf.

Master of Library and Information Science applicants only need 2 letters of recommendation.

Submit a resume or curriculum vitae (CV) listing your education, work experience, research, honors, and awards.

Master of LIbrary and Information Science applicants do not need to submit a resume or CV.

Portfolio (HCI only)

Applicants should submit a portfolio of projects (a link to an online portfolio or in PDF format). Applicants also should specify in the portfolio or resume their specific role and contribution to the portfolio projects. Applicants without an HCI-related background or experience should provide samples of projects completed in related areas, academic writing, published papers, software or programs, or any other evidence of scholarship or professional artifacts. There is no set format for the submission of the portfolio. The portfolio is the opportunity for the applicant to demonstrate persuasively the skills, knowledge, and potential ability to engage and contribute in high-quality, creative projects in human-computer interaction.

TOEFL, IELTS, or Duolingo

Submit proof of English proficiency if your native language is not English. This requirement may be waived if you are a citizen of the United States or a country where English is the official language for higher education, are completing your bachelor’s or master’s degree in the United States or a country that is predominately English speaking .

On-Campus Programs (except Computer Science)

90 TOEFL, 7.0 IELTS, or 130 Duolingo

On-Campus Computer Science Program

80 TOEFL, 6.5 IELTS, or 115 Duolingo

100% Online Programs:

100 TOEFL or 7.5 IELTS

Upload a copy of your test score results in the Documents Section (under Test Score Report upload option) on the online application.  TOEFL test results may also be sent through ETS to IU Indianapolis school code 1325.

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RIT graduate pursues Ph.D. across time zones

Nastaran Nagshineh is shown with other faculty in a small room where she defended her thesis.

Nastaran Nagshineh, center, defended her Ph.D. thesis at RIT in April. Faculty from RIT’s Rochester and Dubai campuses served on her thesis committee and include, from left to right, Kathleen Lamkin-Kennard, Steven Weinstein, Nathaniel Barlow, and David Kofke (a professor at the University at Buffalo). Mohamed Samaha participated remotely and appears on the video screen behind the group and alongside Nagshineh’s picture.

Nastaran Nagshineh is one of the first Ph.D. candidates to bridge RIT’s Rochester and Dubai campuses. Her accomplishment creates a path for future students at the university’s international campuses.

Nagshineh completed her Ph.D. in mathematical modeling while working full time as a mathematics lecturer at RIT Dubai in the United Arab Emirates, teaching as many as five classes a semester. She described her Ph.D. journey as “an exercise in perseverance” due to competing demands and long days. Rochester is eight hours behind Dubai, and the time difference meant many late-night classes and meetings.

“I saw this collaboration as an opportunity, rather than as a challenge, because my primary adviser, Dr. Steven Weinstein (RIT professor of chemical engineering), and my co-adviser, Dr. Mohamed Samaha (RIT Dubai associate professor of mechanical engineering), both have the same area of research interest,” she said. “They both worked toward my success.”

Nagshineh is one of 67 RIT Ph.D. students who defended their thesis this academic year and who will earn their doctorate. RIT awarded 63 Ph.D. degrees in 2023.

In 2020-2021, RIT’s Graduate School met and surpassed the university’s goal of conferring 50 Ph.D. degrees during an academic year. That number will continue to grow as students cycle through the seven new Ph.D. programs that RIT has added since 2017, said Diane Slusarski , dean of RIT’s Graduate School.

Meeting these goals puts RIT on a path toward achieving an “R1,” or research-intensive designation, from the Carnegie Classification of Institutions of Higher Learning. RIT is currently ranked as an R2 institution . Many factors go into changing a university’s status, including research investment and maintaining a three-year average of 70 Ph.D. degrees awarded per year, according to Slusarski.

“We have met the goals of the strategic plan, and now we look forward to contributing to the research innovation in the future,” Slusarski said. “We want to help the new programs thrive and win national research awards.”

RIT’s emphasis on high-level research is seen in Nagshineh’s Ph.D. work. She applies mathematical modeling to the field of fluid dynamics. Her research has been published in top-tier journals and has gained notice, said Weinstein, her thesis adviser.

Weinstein describes Nagshineh’s accomplishments as “a testament to a fantastic work ethic and commitment” and is inspirational to younger students at Rochester and Dubai.

“The collaboration between RIT Dubai/Rochester has continued,” he said. “Another paper was submitted a few weeks ago with Mohamed Samaha and Nate Barlow (RIT associate professor in the School of Mathematics and Statistics) as co-authors, as well as Cade Reinberger, a younger Ph.D. student in my research group.”

Mathematical modeling is one of RIT’s newer Ph.D. degree programs, and Nagshineh is among its earliest graduates. The program has doubled in size since it began accepting students in 2017, Slusarski said. This past fall, the mathematical modeling program had 35 students, with two graduating this year.

Altogether, RIT has 13 Ph.D. degree programs currently enrolling 438 students, with computing and information sciences accounting for the largest with 117 students. RIT’s other Ph.D. programs include astrophysical sciences and technology , biomedical and chemical engineering , business administration , color science , electrical and computer engineering, imaging science , mechanical and industrial engineering , microsystems engineering , and sustainability .

New programs in cognitive science and physics will launch in the fall.

The growth in RIT graduate education—with more than 3,000 master’s and doctoral students—reflects a demographic change in the student population, Slusarski said. “We have a higher percentage of women in the graduate programs than we have for RIT undergraduate programs.”

RIT’s graduate programs enroll 42 percent women, according to Christie Leone , assistant dean for the Graduate School.

Nagshineh, who also holds an MS in electrical engineering from RIT Dubai, welcomes her role as a mentor to other women students on both campuses.

“As a young woman in an Arabic country, the power of women is often underestimated and undervalued, and I hope to serve as a role model to female students, especially those that question their path,” Nagshineh said.

She plans to continue in her career as a professor and a researcher. “I would like to pursue a research program where I can advise my own students and teach them more deeply.”

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More than monarchs: Red admirals appear in Rochester with spring   

The Democrat and Chronicle talks to Kaitlin Stack Whitney, assistant professor in the Department of Science, Technology, and Society, about the early arrival and habits of the red admiral butterfly in Monroe County, highlighting its migration patterns, habitat range, and behavior.

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is master's degree and phd the same

ISE Graduate Handbook 2024-2025: Appendix C Common Forms for ph.d. students

Checklists concerning degree procedures and graduation requirements are listed in the Graduate School Handbook .

  • ISE Ph.D. Plan of Study Form - A Plan of Study is a paper form that must be filed with the ISE Graduate Program Coordinator prior to registration for the student’s second semester of study. The completed Plan of Study (same form) must also be submitted concurrently with the student’s Notice of Candidacy Examination form. Available on ISE website .
  • ISE OR Request for the "PhD Qualifying Exam” form (on department’s website )
  • Notification of Candidacy Examination – Go to GRADFORMS.OSU.EDU .
  • Candidacy Examination Report – Go to GRADFORMS.OSU.EDU .
  • Dissertation Committee Approval/Research Proposal Colloquium – This is a paper form that should be submitted to the ISE Graduate Program Coordinator by the end of the semester following the semester in which the Candidacy Examination is passed. Available on ISE website .
  • Application to Graduate (Doctoral Degree) – Go to GRADFORMS.OSU.EDU .
  • Draft Approval/Notification of Final Oral Examination – Go to GRADFORMS.OSU.EDU .
  • Final Oral Examination Report – Go to GRADFORMS.OSU.EDU .
  • Final Approval –Ph.D. Dissertation – Go to GRADFORMS.OSU.EDU .

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  2. Difference Between Master's Degree and PhD: Everything You Need to Know

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  3. The Difference Between a Master's and PhD

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  4. Masters vs PhD: Which is Right For You?

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  5. Comparing Masters and Ph.D. Programs

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COMMENTS

  1. Master's vs PhD

    The two most common types of graduate degrees are master's and doctoral degrees: A master's is a 1-2 year degree that can prepare you for a multitude of careers. A PhD, or doctoral degree, takes 3-7 years to complete (depending on the country) and prepares you for a career in academic research. A master's is also the necessary first ...

  2. Demystifying Graduate Degrees: Comparing Master's vs. Doctorate

    In some fields, having a doctorate can lead to higher earning potential and increased salary opportunities. According to the U.S. Bureau of Labor Statistics, doctoral degree holders made an average of $1,885 per week in 2020, while master's degree holders made an average of $1,545 per week. Contribution to society:

  3. PhD vs Master's Degree: What's the Difference?

    There are also differences between the structure of each program type. A master's degree program typically includes one to two years of classes with an internship or capstone project in the last year. A Ph.D. typically includes three to five years of classes, with two to three years of preparation for a dissertation.

  4. Master's vs PhD

    2. PhD: After earning a master's degree, the next step is a PhD, which entails both working and performing research at an institution. A PhD is an abbreviation for "Doctor of Philosophy.". It is the highest academic degree one can achieve. As such, it is a time-consuming pursuit that requires a lot of studying and research.

  5. Master's vs. Ph.D.: What's the Difference and Which One to Choose?

    Ph.D.'s take a considerably longer time to complete than a master's, five to eight years on average, and they carry a rather high rate of noncompletion due to time and financial commitments. Many Ph.D. programs have stipends available, so it's important to inquire about that when researching a particular program.

  6. Masters vs PhD Degree

    A Master's degree is a second-cycle academic degree and the first level of graduate study, which means it is after a Bachelor's degree and before a PhD. The Master's degree may allow a concentration within a field so that you may focus your studies in-depth on a particular aspect of a subject.

  7. The Difference Between Masters and PhD Study

    The main difference between a Masters and a PhD is the purpose of each degree. A Masters degree involves expanding your understanding of existing scholarship in a particular subject area. The purpose of PhD study, on the other hand, is to make an original contribution to your field. ... PhD candidates aren't assessed in the same way as ...

  8. Masters vs PhD

    A Masters degree is the next level of education after the completion of an undergraduate degree, commonly known as a Bachelors. These degree levels are often referred to in terms of cycles so that a Bachelor's is a first-cycle degree, a Masters is a second-cycle and finally, a PhD is the third-cycle of higher education (and the highest).

  9. Master's and Doctoral Degrees: What's the Difference?

    Other fields do not require advanced degrees for career advancement. In some cases, a master's degree may hold advantages over a doctoral degree. For example, a master's degree in social work (MSW) may be more cost-effective than a doctoral degree, given the time and funds required to earn the degree and the pay differential.

  10. Should I Pursue A Master's or A Ph.D.?

    Ph.D. study includes a major research project in addition to coursework, and a Ph.D. is the highest scholastic degree awarded by American universities. Contrary to common perception, career paths for Ph.D. graduates are quite varied, not just limited to academia. Ph.D. training helps you hones skills such as writing, research, teaching, data ...

  11. The Difference Between a Masters and a Doctorate

    Dual Degree Programs or Joint Master's and PhD Programs. If you decide both degree programs sound right for you, there are some programs that offer the option to pursue both degrees at the same time. A dual degree program allows you to double count your earned credits towards the completion of both degrees.

  12. PhD vs. Master's: What's the Difference Between Them?

    Here are more benefits of getting a master's degree: Requires less time than a PhD: The main benefit to pursuing a master's degree rather than a PhD is that it requires fewer years of study. You can get a master's degree in a year or two, but it may require more than double that amount of time to get a PhD.

  13. Master's vs PhD/Doctorate Degrees

    According to the U.S. Bureau of Labor Statistics, earnings increase from the bachelor's level to the master's level by approximately 18%, while unemployment rates go down, from 3.5% (bachelor's) to 2.6% (master's) A PhD can increase your salary by approximately 21% compared to master's degree holders, according to the Bureau of Labor ...

  14. PhD vs master's degrees (Differences between them)

    A master's degree is more career-focused than a PhD. While most people who are completing a PhD do so to enhance their career prospects, master's degrees are generally regarded as being more career-focused out of the two degrees. This is because PhDs focus more on the subject of study and expand knowledge and research in the field.

  15. Master's vs Doctorate: Which Degree is Right for You?

    A master's degree is designed to deepen career-oriented knowledge and skills. A doctorate degree is a heavily research-based degree, designed to develop critical research,analytical and writing skills in an effort to fill industry knowledge gaps. Because of these different goals, the makeup of the coursework and content is also distinct.

  16. Second Master's or PhD?

    Unlike Master's degrees, which are based on a mixture of teaching methods and curriculum, PhDs are purely research degrees and focus on a specific research question. ... Salary: While a second relevant Master's in the same subject field may increase your earning potential, a second unrelated Master's is unlikely to. Although an unrelated ...

  17. Masters Vs PhD in Psychology

    Master's and Ph.D. degrees come under the heading of graduate studies. As mentioned above, a master's degree in psychology typically takes between 2 to 3 years to complete in addition to an undergraduate in the same subject. There are different types of psychology master's degrees with the two most common being a Master's of Art (M.A ...

  18. Salary Difference Between Master's and Ph.D. Degrees

    A master's degree is the first level of graduate study designed to give you a solid education in a specialized field after you finish a bachelor's degree. ... the average life earnings of doctorate holders are higher than other degree holders within the same industries. However, the life earning gap between master's and Ph.D. holders ...

  19. Dual Degrees: Combined Master's and Ph.D. Programs

    One of the most versatile master's and doctorate combined programs, a combined MBA/JD covers both business management and law. This degree can prepare you for careers in corporate law or any other industry where business and law intersect. MBA/JD programs take 3-5 years to complete. 6. Master of Education & Juris Doctor.

  20. Difference Between a Graduate & a Master's Degree

    A master's degree isn't different from a graduate degree, because it's actually a type of graduate degree. A master's provides advanced study after the bachelor's that is focused on a specialty or major, such as English literature. The other type of graduate degree is a doctorate, which takes more time to complete than the master's and is the ...

  21. Joint Masters and PhD Programs

    Dual masters and PhD programs allow you to seamlessly earn a masters degree then a PhD. Referred to as dual degrees, joint degrees, or masters and PhD combined degrees, grad schools with these practical programs provide a formal plan of study for completing two degrees at the same time.

  22. How is it possible to do a master's and PhD program at the same time?

    Since nobody mentioned it yet, the situation in the UK is similar to that of the US - a Bachelor's degree is enough to get you into a PhD programme. The "classical" PhD here is a 3 year position, the students enrol into a Masters (by research) programme and turn in a transfer request after a year, entering the PhD programme proper.

  23. Master's Degree: Graduate Admissions: Admissions: Luddy School of

    Master's Degree. How to Apply to Luddy's Master's Program. Applications are accepted for the spring and fall. Requirements. All programs require a bachelor's degree and a 3.0 GPA on a 4.0 scale. The Graduate Record Exam (GRE) is optional for master's applicants. Applied Data Science.

  24. Can I pursue a master's and a PhD at the same time? : r/GradSchool

    You don't need a master's to get a PhD. Many PhD programs will allow you to "master out" if you meet the requirements. The first two years of a PhD is basically a master's in many programs. My PhD program lets us get a master's diploma after you meet requirements and then continue the PhD. Reply.

  25. What Can You Do With a Master's Degree in Psychology?

    Master's-degree holders can pursue rewarding opportunities in counseling, organizational psychology, and research. If you want to pursue doctoral studies, a master's in psychology prepares you for dissertation research, strengthening your advanced writing, research, and communication skills. Doctoral degree holders can go on to pursue careers ...

  26. RIT graduate pursues Ph.D. across time zones

    RIT awarded 63 Ph.D. degrees in 2023. In 2020-2021, RIT's Graduate School met and surpassed the university's goal of conferring 50 Ph.D. degrees during an academic year. That number will continue to grow as students cycle through the seven new Ph.D. programs that RIT has added since 2017, said Diane Slusarski, dean of RIT's Graduate School.

  27. This new graduate fulfilled his late mom's wish that he get his college

    A Harrisburg man is fulfilling his late mother's wish to get his degree after he left college more than 20 years ago and struggled with substance abuse for a decade. David Kern Jr., 44, graduated in May with a bachelor's degree he earned online through Penn State World Campus while working as a counselor at a Harrisburg halfway house.

  28. Online Computer Science & Engineering Degrees

    A master's degree in computer science is a graduate program focused on advanced concepts in computer science, such as software development, machine learning, data visualization, natural language processing, cybersecurity, and more. At this level, you'll often choose a field to specialize in.. Computer science master's programs build on your technical skill set while strengthening key ...

  29. This mother delivered a baby and a PhD dissertation on the same day

    New Jersey mom Tamiah Brevard-Rodriguez recounts the day she was working on her doctoral dissertation presentation from Rutgers University when she went into labor.

  30. ISE Graduate Handbook 2024-2025: Appendix C Common Forms for ph.d

    Checklists concerning degree procedures and graduation requirements are listed in the Graduate School Handbook.. ISE Ph.D. Plan of Study Form - A Plan of Study is a paper form that must be filed with the ISE Graduate Program Coordinator prior to registration for the student's second semester of study. The completed Plan of Study (same form) must also be submitted concurrently with the ...