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Master’s vs PhD — These are the Main Differences

Updated: July 18, 2022

Published: October 31, 2019

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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 phd and masters 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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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.

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Demystifying Graduate Degrees: Comparing Master’s vs. Doctorate

is phd and masters 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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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.

What Comes After a Master's Degree?

Know Your Graduate School Options Beyond a Master's

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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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Master’s vs PhD/Doctorate Degrees – Key Differences

is phd and masters 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!

diploma with money and diploma, master's vs PhD

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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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 .

The Classroom | Empowering Students in Their College Journey

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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is phd and masters the same

  • Integrated Masters with PhD – Explained
  • Types of Doctorates

An Integrated Masters with a PhD (iPhD) is a four-year postgraduate level programme that combines a one-year Masters course with a three-year PhD course. They allow students to familiarise themselves with their chosen topic, research methods and academic writing techniques before embarking on their own independent research project. An Integrated Masters with a PhD is particularly popular with international students and students who initially lack specialised knowledge or research skills.

Introduction

An Integrated Masters with PhD, also commonly referred to as either just an Integrated Masters degree or an Integrated PhD, offers a relatively new way to undertake postgraduate training. They maintain the depth and focus of a conventional PhD but offer a more comprehensive doctoral training experience.

Due to their growing popularity, both the number of universities offering these newer forms of PhD and the number of students applying to them has steadily increased.

This page describes what Integrated Masters with PhDs are, who they are for, their advantages and disadvantages, how they differ from conventional PhDs and how they are structured in terms of programme, eligibility and costs. This page is for you if you are considering applying for an integrated course, or simply want to know more about them.

What is an Integrated PhD?

An Integrated PhD is a four-year postgraduate programme. They involve undertaking a one-year Masters degree (MRes or MSc) in your first year, followed by a three-year PhD programme in your second to fourth year. Although the courses run back-to-back, a student can only progress to the second year if they show satisfactory performance in their first year. The one-year Masters and the three-year PhD are considered separately in terms of qualifications; therefore, a student who completes an Integrated PhD will receive both a Masters degree (MRes or MSc) and a PhD as opposed to a single postgraduate qualification.

The aim of an Integrated PhD is to provide a structured approach to doctoral studies, combining advanced PhD research with formal teaching in relevant subjects, research methods and communication skills.

As Integrated PhDs are relatively new compared to more regular doctoral pathways such as stand-alone or MPhil-upgraded PhDs, some professors informally refer to them as ‘New Route PhDs’.

Difference Between Integrated PhD and Regular PhD

The most significant difference between an Integrated PhD and a regular PhD is the addition of the one-year Masters degree at the beginning of the programme. This results in an Integrated PhD typically lasting four years, as opposed to the three years as with regular PhDs.

Integrated PhDs are structured in such a way that they provide students with a broader range of foundational skills than a regular PhD. The first year introduces you to a combination of taught elements, practical experience and advanced research skills. In a regular PhD this mode of teaching is missing as it is assumed you already have this level of knowledge.

The last significant difference between the two types of doctoral programmes is the ‘group’ aspect associated with the Integrated version. Since the Masters programme also includes other students enrolled in Integrated PhDs, you will have a small cohort with whom you will work closely alongside during your studies.

Who are Integrated PhDs suitable for?

Integrated PhDs can be an effective pathway for any student, but they stand out in two situations:

Scenario 1: International Students

The Higher Education system differs across countries , although not by a large amount, enough to where an unfamiliar student may struggle, especially when working independently. An Integrated PhD allows you to adapt to the UK education system by offering a more guided and hands-on approach to your learning and research process before you embark on your three-year research project.

It also has visa benefits. If an international student seeking a Masters degree in the UK already knows they want to follow it up with a PhD, enrolling in an Integrated PhD will save them from having to leave the country and re-apply for a visa after completing their initial postgraduate degree.

Scenario 2: Lack of undergraduate research experience or a relevant Masters degree

An Integrated PhD is useful for students who have academic abilities but lack the necessary background to be considered for a standard-route PhD. This usually occurs under one of three scenarios:

  • The applicant is currently an undergraduate student or only holds a Bachelor’s degree,
  • The student has a Masters degree, but in a subject only loosely related to the discipline they wish to pursue at doctoral level,
  • The student has a relevant Masters degree, but the programme lacked a research focus, leaving the student with underdeveloped research skills.

Advantages and Disadvantages of an Integrated PhD

The advantages of an Integrated PhD are strongly linked to the international and inexperienced students they cater for. They offer students an effective means of gaining more confidence, knowledge and research skills in their field before starting a doctorate, and also provide visa benefits to international students who will be undertaking prior postgraduate study.

Integrated PhDs also enable students the possibility of receiving funding for the Masters phase of their programme, as will be explained in more detail in the ‘Funding Opportunities’ section.

Integrated doctorates have no obvious disadvantages, but are generally not suitable for those who already have a Masters degree or well-developed research skills in their chosen field. For these students, the additional costs and duration of an Integrated PhD can be avoided by opting for a traditional PhD for which they will already be suited for.

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

The programme of study is naturally divided into two parts, the first for your Masters studies and the second for your PhD studies.

Your Masters studies will usually be divided into 180 module credits, half of which will focus on taught components and the other half on research components.

The modules will be tailored to your course, but they will include a variation of:

Taught modules:

  • Subject-specific module – You choose one or two modules from a predefined list of topics within your subject area. Your selection should reflect the research area you want your PhD to focus on.
  • English and Communication – Academic language and communication skills will be taught to prepare you for the ‘writing-up’ phase of your doctorate. A common misconception is that this module is similar to the English language requirement tests required to apply to a iPhD. In reality, the module will focus on learning how to critically evaluate research sources, write abstracts, literature reviews and conclusions, communicate in lab-based environments and present to audiences.
  • Research Techniques  – You’ll receive in-depth training to familiarise you with the different research methods and analytical techniques available to modern researchers.
  • Research Proposal Development  – You’ll work with your intended PhD supervisor to prepare a research proposal for your three-year PhD research project.

Research Modules:

You will carry out one or two small laboratory research projects under supervision for practical experience.

Integrated PhD in UK - Lectures and Lab Work

If you complete these modules with satisfactory performance, you will be awarded a Masters degree and will be considered for the following three-year PhD programme.

Each university has its own process for making this consideration, but most invite you to an interview with the supervisor you wish to conduct research with. The interview is used to confirm that you have acquired the specialised knowledge and research skills expected at masters level, and beyond that of someone capable of completing doctoral study.

If your interview goes well, you will be enrolled in your PhD programme. From this point on, your path will be the same as a regular PhD student. During your doctoral phase, you will conduct independent research and laboratory work for two years, followed by a final year of writing up and formally submitting your findings as a thesis. Your thesis, expertise and research competence will be assessed in an oral examination known as a viva. Upon successful completion of your viva, you will be officially awarded a PhD, and your studies will come to an end.

It should be noted that aside from the above, your university may offer optional modules which can equip you with a wide range of transferable skills.

Eligibility

Entry requirements for an integrated masters degree in the UK will vary from university to university, but the typical requirement is an Upper Second Class (2:1) honours Bachelor’s degree in a relevant subject. Equivalent international qualifications are also accepted.

If you are an international student and English is your second language, most universities will require proof of your English language proficiency through an exam certificate. It’s best to check directly with the universities which certificate types they accept, but the most common English language qualification requirement is an IELTS certificate, with a minimum overall score of 6.5 with no less than 6.0 in each category.

The typical annual tuition fee for an Integrated PhD in the UK is £4,712 per academic year for home/EU students (or £2,356 for part-time study) and £19,596 per academic year for international students (or £9,798 for part-time study).

As with all doctoral programmes, there are likely to be additional costs associated with your studies, such as bench fees for lab work, travel costs for collaborating and potential write-up fees for students who need more time to submit their thesis. You can get more information about these additional costs on our cost breakdown page .

Funding Opportunities

You can obtain funding for Integrated PhDs in the same way as for regular PhDs. Funding is usually provided by one of the seven UK Research Councils  and research charity organisations such as the  Wellcome Trust ; grants, scholarships and funded opportunities can be found directly in our searchable database .

Funding can either be partial (tuition fees only) or full (tuition fees and living costs). Most funding providers also cover the tuition fee for the Masters degree programme due to being integrated with the PhD, however, you should confirm this on a case-by-case basis.

As with regular PhD funding, the fully-funded opportunities are generally limited to home and EU students.

It’s also worth noting that PhD programmes which include an integrated Masters degree are eligible for a Doctoral Loan , even if you already have a postgraduate Masters degree from a previous university. Applications for Doctoral Loans must be made directly to Student Finance England and you must first be registered for a full doctoral degree. Due to application restrictions, you won’t be able to apply for a separate Postgraduate Masters Loan for the integrated Masters phase of your degree.

Availability

You can search for Integrated PhDs in three ways:

  • Our Search Page  – Search for the term ‘Integrated’ in our  comprehensive database of STEM PhDs .
  • University Search Pages – Universities advertise their Integrated PhDs on their postgraduate search pages. You can find them by searching the name of the university followed by “ search postgraduate courses ” directly in Google.
  • Funding Body Websites – Funding bodies which provide studentships for Integrated PhDs sometimes advertise the positions on their website. A list of the most common funding providers can be found here: PhD Studentships .

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15 Best Online Doctoral Programs/PhD Programs – 2024

April 24, 2024

online doctoral programs phd

If you’re looking to attain a terminal degree but want to skip the commute to campus, an online doctoral program might be a great option for you. As our world becomes increasingly digital, many top universities have branched out into online learning, offering online PhD and doctoral programs that are just as rigorous as their in-person counterparts. Online graduate education can offer aspiring doctoral students flexibility, a high-quality education, and the option to continue working while pursuing a degree.

Many of the universities below in our round-up of the best online doctoral programs offer degrees in education—a common track for teachers looking to advance their careers. But universities across the country offer a wide range of degrees in everything from engineering management to library science. Read on for everything you need to know as you consider applying.

The Best Online Doctoral Programs – How Long Does It Take to Get a Doctoral Degree Online?

Online doctoral programs are often designed with full-time professionals in mind, prioritizing flexibility so that you can complete your degree at your own pace. Program lengths will vary, but most will take four to seven years. For students who need to take things slower, many programs offer options to spread degree requirements out over time. When applying, here are a few good questions to ask your admissions officer:

  • How long do most graduate students take to complete their degrees?
  • Are there flexible options for how many courses you’ll take per term?
  • Will you pay tuition per semester or per credit hour? If paying by credit hour, will you able to choose how many classes you take each semester?
  • Will you be required to write a dissertation? If so, how long do students usually take to write them?

The Best Online Doctoral Programs – Is an Online PhD Program a Good Fit for Me?

There’s no denying it: online doctoral programs are different than traditional ones. Many traditional PhD programs are designed for future academics, aka for graduate students who intend to apply for jobs as university professors after graduation. Traditional PhD programs are full-time, research-focused, in-person, and often offer graduate students funding in exchange for teaching or research assistant responsibilities. Online doctoral programs do also involve research, but most online graduate students are not full-time students. Rather, many students enrolled in online doctoral programs are working professionals who attend classes in the evenings or asynchronously. With that in mind, an online program can be a fantastic opportunity to further your current career.

An online doctorate program could be a great fit for you if:

  • You want to advance your career. A doctorate can lead to further opportunities for promotion and certain fields offer automatic pay increases for people with advanced degrees.
  • You love research and want to develop expertise in a topic that fascinates you.
  • You learn well in online settings, including asynchronous classes.
  • You plan to continue working while you study.

Online doctoral programs typically do not offer their students funding, though there may be scholarships and grants available to you.

The Best Online Doctoral Programs – What to Consider When Choosing an Online Doctorate Program

Since a doctorate can take 4-7 years or more to complete, choosing the right school for you is a huge decision. Our list below dives into many details you’ll need to know like acceptance rate, retention rate, and cost of tuition. It’s important to consider big-picture factors such as:

  • Time to complete degree
  • Professors and mentors—you’ll want to make sure you can study with faculty who have expertise in your academic interests
  • Flexibility—does the program fit with your schedule? Do they require any in-person meetings?
  • Graduation rate—ask your admissions officer for the most recent figures

You’ll also want to consider whether you want to pursue a PhD or a doctorate degree. If you’re pursuing a PhD, you can expect to focus more significantly on academic research and you’ll need to complete a dissertation. A doctorate is an equivalent degree that is less focused on academic research and may not require a dissertation. Doctorates can often involve more career development or hands-on practicum experience.

The Best Online Doctoral Programs – Are Online PhDs Respected?

Yes, online doctoral programs are just as rigorous and respected as their in-person counterparts. If you hope to earn a tenure-track faculty position at a university, it’s likely a traditional PhD program will be a better route. However, if you’re seeking a doctorate for career advancement and further learning, an online doctoral program can be a great fit. Many of the most prestigious universities offer online programs, and your diploma will likely not specify whether you completed an online or traditional degree.

The Best Online Doctoral Programs – What Do I Need to Apply?

Application requirements will vary depending on the program you’re applying to. All programs will require your academic transcripts, many require letters of recommendation, and some require GRE scores. On top of that, some programs will require a personal statement or writing portfolio. Contrary to what you might think, Master’s degrees are not always required for admission to online doctoral programs.

The Best Online Doctoral Programs/PhD Programs

1) university of florida.

Located in Gainesville, the University of Florida offers 10 different online doctoral programs . Well known for its graduate programs in education, educators can pursue PhDs in educational leadership, special education, computer science education, among other options. UF also offers online programs in nursing, Latin and Roman studies, microbiology, and a few other fields. Established in 1853, UF is a flagship state university with a strong reputation.

  • Graduation Rate: 89%
  • Acceptance Rate: 31%
  • In State Tuition: $6,380
  • Out of State Tuition: $28,658
  • Application Requirements: Application portfolio (sample essays or projects), GRE scores, minimum undergraduate GPA of 3.4 or graduate GPA of 3.5, letters of recommendation

2) George Washington University

George Washington University ’s Department of Engineering Management and Systems Engineering leads the way with the university’s most comprehensive online PhD offerings . Through them, students can pursue doctoral degrees in cybersecurity analytics, engineering in artificial intelligence, systems engineering, or engineering management. Educators can also pursue well-respected degrees in education leadership and human and organizational learning.

  • Graduation Rate: 85%
  • Acceptance Rate: 43%
  • Tuition: $31,770
  • Application Requirements: GRE scores, personal statement, letters of recommendation, academic records

3) Johns Hopkins University

  • A ten-year-old program , Johns Hopkins ’ online PhD in education allows students to specialize in digital age learning, entrepreneurial leadership, urban leadership, and other topics. Note their high graduation rate: Johns Hopkins is a competitive program , but admitted students are well-supported on their path to graduation.
  • Graduation Rate: 94%
  • Acceptance Rate: 11%
  • Tuition: $57,010
  • Application Requirements: Master’s degree, minimum GPA of 3.0

Best Online Doctoral Programs/PhD Programs (Continued)

4) texas tech university.

Texas Tech University offers a wide range of online and hybrid PhD programs that provide their students flexibility as they work toward completing their terminal degree. An affordable university in Lubbock, Texas Tech is a great place for future doctors of education, consumer science, technical communication, engineering management, and financial planning.

  • Graduation Rate: 63%
  • Acceptance Rate: 70%
  • In State Tuition: $6,788
  • Out of State Tuition: $14,968
  • Application Requirements: Academic transcripts, portfolio and personal statement varies by program

5) Iowa State University

Although Iowa State University ’s online doctorate programs require some in-person meetings, ISU may still be a good fit for online students. With more uncommon online doctoral programs in hospitality management and apparel, merchandising, and design, ISU offers flexible routes to completing your dissertation.

  • Graduation Rate: 75%
  • Acceptance Rate: 88%
  • In State Tuition: $9,758
  • Out of State Tuition: $24,720
  • Application Requirements: Academic records, minimum 3.0 GPA

6) University of Alabama

Online University of Alabama students may miss out on a lively campus culture and football games, but they can still take advantage of UA’s top-notch academics. Well-known for its online education graduate programs, UA also offers programs in social work, communication and information sciences, and engineering.

  • Graduation Rate: 72%
  • Acceptance Rate: 80%
  • In State Tuition: $11,940
  • Out of State Tuition: $32,300
  • Application Requirements: GRE scores, academic records

7) University of Missouri

One of the most robust in terms of online offerings, the University of Missouri ’s online PhD classes are taught by the same professors who teach Mizzou’s in-person classes. Mizzou offers programs in education and nursing. They also allow students to pursue doctorates in harder-to-find subjects like health sciences, agriculture, architecture, and library science.

  • Graduation Rate: 73%
  • Acceptance Rate: 82%
  • In State Tuition: $9,478
  • Out of State Tuition: $25,946
  • Application Requirements: Academic record, minimum GPA of 3.0, portfolio and personal statement varies by program

8) University of North Carolina Chapel Hill

One of the oldest public universities in the U.S., University of North Carolina – Chapel Hill is known as a leader in education. UNC Chapel Hill offers just three online PhDs: public health, nursing, and education. Although some online classes require in-person or proctored final exams, doctoral requirements can mostly be completed online.

  • Graduation Rate: 91%
  • Acceptance Rate: 25%
  • In State Tuition: $9,208
  • Out of State Tuition:  $36,891
  • Application Requirements: GRE scores, academic records, letters of recommendation, personal statement

9) Georgia Southern University

Located in Savannah, Georgia Southern University works hard to create an environment of support and collaboration, even online. One of the more robust programs out there, GSU offers respected online programs in public health, nursing, education, and engineering.

  • Graduation Rate: 54%
  • Acceptance Rate: 91%
  • In State Tuition: $4,986
  • Out of State Tuition: $19,890
  • Application Requirements: Minimum GPA of 3.0

10) Indiana University

Indiana University allows students to study at their own pace through flexible online doctoral programs. One of the only schools to offer online programs in music therapy and philanthropy leadership, IU also allows students to pursue tracks in health sciences, education, and computing and technology. Most classes are asynchronous and students can take courses through any IU campus.

  • Graduation Rate: 41%
  • Acceptance Rate: 92%
  • In State Tuition: $9732
  • Out of State Tuition: $21,160
  • Application Requirements: GRE scores, academic record

11) Mississippi State University

A solid option for future doctors of philosophy, Mississippi State University is a research-focused and inclusive university. An especially strong option for those looking to study engineering or computer science, MSU offers 9 different majors within those fields.  MSU also offers tracks in plant science and education leadership.

  • Graduation Rate: 64%
  • In State Tuition: $9,398
  • Out of State Tuition: $25,444
  • Application Requirements: Academic record, letters of recommendation, personal statement

12) Appalachian State University

Although Appalachian State University is known for its beautiful setting in Boone, North Carolina, App State still has much to offer online students. This school offers only one part-time PhD program in education leadership , but its affordability compared to other programs makes this school stand out.

  • In State Tuition: $4,839
  • Out of State Tuition: $18,271
  • Application Requirements: Academic record, GRE scores or 3.0 minimum GPA, Master’s degree

13) Purdue University

An online doctoral program that maintains a high standard of excellence, Purdue is a great place for future doctors of technology, educational leadership and policy, and higher education. Purdue graduate students can expect to co-author papers with faculty and gain hands-on experience in research.

  • Graduation Rate: 38%
  • Acceptance Rate: 30%
  • Tuition: $420 per credit

14) Concordia University Chicago

Concordia University ’s online doctoral programs allow students to complete their degree in three to five years. Through their shortened term system, students take 8-week classes and then write their dissertation in their final three semesters. A leader in online doctoral programs, Concordia offers paths in strategic innovation, healthcare management, education leadership, and organizational leadership.

  • Tuition: $9,090
  • Application Requirements: Academic record, Master’s degree with minimum 3.0 GPA, letters of recommendation, portfolio and personal statement varies by program

15) Clemson University

A public school in South Carolina, Clemson aims to prepare online doctoral students for diverse career paths. Proudly offering programs that are difficult to find elsewhere, Clemson graduate students can study healthcare genetics and parks, recreation, and tourism management. Education professionals can complete degrees in education systems, learning science, and teaching, literacy, language, and culture.

  • Graduation Rate: 84%
  • Acceptance Rate: 49%
  • In State Tuition: $10,600
  • Out of State Tuition: $22,050
  • Application Requirements: Academic record, letters of recommendation, portfolio and personal statement vary by program

The Best Online Doctoral Programs – Additional Resources

Looking to learn more about graduate school admissions? We’ve got you covered.

Admissions Tips

  • What is a Good GRE Score?
  • Write a Grad School Statement of Purpose in 12 Simple Steps
  • How to Get into Grad School with a Low GPA
  • Do You Need a Master’s to get a PhD?

More about Online Learning

  • Best Online MSW Programs
  • Best Master’s in Public Health Online Programs
  • Hybrid and Online DBA Programs 
  • Graduate School Admissions

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Christina Wood

Christina Wood holds a BA in Literature & Writing from UC San Diego, an MFA in Creative Writing from Washington University in St. Louis, and is currently a Doctoral Candidate in English at the University of Georgia, where she teaches creative writing and first-year composition courses. Christina has published fiction and nonfiction in numerous publications, including The Paris Review , McSweeney’s , Granta , Virginia Quarterly Review , The Sewanee Review , Mississippi Review , and Puerto del Sol , among others. Her story “The Astronaut” won the 2018 Shirley Jackson Award for short fiction and received a “Distinguished Stories” mention in the 2019 Best American Short Stories anthology.

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What’s behind the growing gap between men and women in college completion?

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The growing gender gap in higher education – both in enrollment and graduation rates – has been a topic of conversation and debate in recent months. Young women are more likely to be enrolled in college today than young men, and among those ages 25 and older, women are more likely than men to have a four-year college degree. The gap in college completion is even wider among younger adults ages 25 to 34.

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Women’s educational gains have occurred alongside their growing labor force participation as well as structural changes in the economy . The implications of the growing gap in educational attainment for men are significant, as research has shown the strong correlation between college completion and lifetime earnings and wealth accumulation .

To explore the factors contributing to the growing gender gap in college completion, we surveyed 9,676 U.S. adults between Oct. 18-24, 2021. Everyone who took part is a member of Pew Research Center’s American Trends Panel (ATP), an online survey panel that is recruited through national, random sampling of residential addresses. This way nearly all U.S. adults have a chance of selection. The survey is weighted to be representative of the U.S. adult population by gender, race, ethnicity, partisan affiliation, education and other categories. Read more about the ATP’s methodology .

Data on rates of college completion came from a Center analysis of Current Population Survey Annual Social and Economic Supplement (IPUMS). The onset of the COVID-19 pandemic impacted the data collection for the 2020 ASEC. The response rate for the March 2020 survey was  about 10 percentage points lower than in preceding months. Using administrative data, Census Bureau researchers have shown that nonresponding households were less similar to respondents than in earlier years. They also generated  entropy balance weights to account for this nonrandom nonresponse. The 2020 ASEC figures presented used these supplementary weights.

Here are the questions used for this report, along with responses, and its methodology .

A majority (62%) of U.S. adults ages 25 and older don’t have a four-year college degree, according to a Pew Research Center analysis of Current Population Survey data. But the reasons for not completing a four-year degree differ for men and women, according to a new Center survey of adults who do not have such a degree and are not currently enrolled in college.

A chart showing that about a third of men who haven’t completed four years of college say they ‘just didn’t want to’ get a degree

Financial considerations are a key reason why many don’t attend or complete college. Among adults who do not have a bachelor’s degree and are not currently enrolled in school, roughly four-in-ten (42%) say a major reason why they have not received a four-year college degree is that they couldn’t afford college. Some 36% say needing to work to help support their family was a major reason they didn’t get their degree.

Overall, about three-in-ten adults who didn’t complete four years of college (29%) say a major reason for this is that they just didn’t want to, 23% say they didn’t need more education for the job or career they wanted, and 20% say they just didn’t consider getting a four-year degree. Relatively few (13%) adults without a bachelor’s degree say a major reason they didn’t pursue this level of education was that they didn’t think they’d get into a four-year college.

Men are more likely than women to point to factors that have more to do with personal choice. Roughly a third (34%) of men without a bachelor’s degree say a major reason they didn’t complete college is that they just didn’t want to. Only one-in-four women say the same. Non-college-educated men are also more likely than their female counterparts to say a major reason they don’t have a four-year degree is that they didn’t need more education for the job or career they wanted (26% of men say this vs. 20% of women).

Women (44%) are more likely than men (39%) to say not being able to afford college is a major reason they don’t have a bachelor’s degree. Men and women are about equally likely to say needing to work to help support their family was a major impediment.

The shares of men and women saying they didn’t consider going to college or they didn’t think they’d get into a four-year school are not significantly different.

The reasons people give for not completing college also differ across racial and ethnic groups. Among those without a bachelor’s degree, Hispanic adults (52%) are more likely than those who are White (39%) or Black (41%) to say a major reason they didn’t graduate from a four-year college is that they couldn’t afford it. Hispanic and Black adults without a four-year degree are more likely than their White counterparts to say needing to work to support their family was a major reason. There aren’t enough Asian adults without a bachelor’s degree in the sample to analyze this group separately.

While a third of White adults without a four-year degree say not wanting to go to school was a major reason they didn’t complete a four-year degree, smaller shares of Black (22%) and Hispanic (23%) adults say the same. White adults are also more likely to say not needing more education for the job or career they wanted is a major reason why they don’t have a bachelor’s degree.

In some instances, the gender gaps in the reasons for not completing college are more pronounced among White adults than among Black or Hispanic adults. About four-in-ten White men who didn’t complete four years of college (39%) say a major reason for this is that they just didn’t want to. This compares with 27% of White women without a degree. Views on this don’t differ significantly by gender for Black or Hispanic adults.

Similarly, while three-in-ten White men without a college degree say a major reason they didn’t complete college is that they didn’t need more education for the job or career they wanted, only 24% of White women say the same. Among Black and Hispanic non-college graduates, roughly similar shares of men and women say this was a major reason.

Among college graduates, men and women have similar views on the value of their degree

Looking at those who have graduated from college, men and women are equally likely to see value in the experience. Overall, 49% of four-year college graduates say their college education was extremely useful in terms of helping them grow personally and intellectually. Roughly equal shares of men (47%) and women (50%) express this view.

Some 44% of college graduates – including 45% of men and 43% of women – say their college education was extremely useful to them in opening doors to job opportunities. A somewhat smaller share of bachelor’s degree holders (38%) say college was extremely useful in helping them develop specific skills and knowledge that could be used in the workplace (38% of men and 40% of women say this).

There are differences by age on each of these items, as younger college graduates are less likely than older ones to see value in their college education. For example, only a third of college graduates younger than 50, compared with 45% of those 50 and older, say their college experience was extremely useful in helping them develop skills and knowledge that could be used in the workplace.

Note: Here are the questions used for this report, along with responses, and its methodology .

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MBA vs. Master of Finance: What's the Difference?

Author: University of North Dakota April 18, 2024

Business is a vast field that encompasses various master's degree programs tailored to different specializations.

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Among these options, MBA vs. Master of Finance stands out as a common dilemma for individuals looking to advance their careers. These two programs offer distinct paths to success within the business world, each with its unique focus, curriculum, and career outcomes. So, let's explore the difference between an MBA and a Master's in Finance to help you make an informed decision about your academic and professional pursuits.

What is an MBA?

An MBA, or Master of Business Administration, is a graduate-level degree providing individuals with advanced business management and administration knowledge and skills. Such programs emphasize skill development in leadership, decision-making, problem-solving, and strategic thinking, preparing graduates for leadership roles in diverse industries and organizations.

What is a Master of Finance?

A Master of Finance degree, often abbreviated as MFin or MSF, is a graduate-level program focused on developing expertise in financial analysis, risk management, and investment strategies. This degree equips individuals with advanced quantitative and analytical skills essential for roles in corporate finance, investment banking, asset management, and financial consulting.

Key Differences Between MBA and Master of Finance

While at the same academic level, the Master of Business Administration and Master of Finance diverge significantly in their focus, curriculum, and eventual career trajectories.

Focus and Specialization

Understanding each degree's primary area of study and the depth and specificity of knowledge in that area is crucial for comparing MBA and Master of Finance programs.

An MBA program provides students with a holistic understanding of business management and administration. MBA students learn to analyze complex business challenges, make strategic decisions, and implement innovative solutions. The emphasis is on developing well-rounded professionals capable of leading organizations in dynamic and competitive environments.

Master of Finance

On the other hand, a Master of Finance degree focuses specifically on finance-related topics and provides students with an in-depth understanding of financial theory, analysis, and practice. The emphasis is on developing specialized skills and knowledge relevant to careers in finance, such as investment banking, corporate finance, asset management, and financial consulting. 

A female MBA student giving a presentation in a conference room

While there may be some overlap in curricula between MBA and Master of Finance programs, with both typically covering foundational business and finance topics to some extent, most courses differ significantly.

Typically, an MBA curriculum covers a wide range of subjects, including ones focused on leadership, business intelligence, economy, marketing, operations, human resources, and strategy. Moreover, MBA programs often include experiential learning opportunities such as case studies and simulations to reinforce theoretical knowledge with practical experience.

The curriculum of a Master of Finance program typically includes courses in financial analysis, investment management, risk management, financial modeling, and derivatives. Students learn to evaluate financial markets, assess investment opportunities, and manage financial risks effectively. Additionally, Master of Finance programs also often incorporate research assignments and industry partnerships to enhance students' practical skills.

Program Duration and Structure

The duration and structure of MBA and MFin programs vary across institutions and typically depend on factors such as study format and pace.

A full-time MBA program generally lasts about two years, with students completing a set curriculum of core and elective courses. However, the timeframe is modified when the program format changes. For example, part-time MBA programs allow students to spread their coursework over a longer period, often extending to three or four years to accommodate working professionals' schedules.

Additionally, online MBA programs offer flexible scheduling options, allowing students to complete their studies remotely within two to three years. UND offers a top-ranked, AACSB accredited online MBA program with an innovative curriculum and quality education in a synchronous online environment.

Master of Finance programs typically last shorter than MBA programs, ranging from one to two years for full-time students. Similarly, part-time options may be available, allowing students to extend their studies over a longer period to accommodate work or other commitments.

Admissions Criteria

Admissions criteria may vary from one program to another, reflecting each institution's unique priorities and standards. However, typically, you can expect the following:

MBA programs look for candidates with strong academic performance in their undergraduate studies, which indicates their ability to excel in a rigorous academic environment. Additionally, they often prioritize applicants with relevant work experience, demonstrating practical skills and leadership potential. Applicants for the MBA Program have a variety of undergraduate backgrounds, including engineering, business, liberal arts, etc.

Master of Finance programs typically prefer applicants with solid academic foundations in finance gained through a Bachelor of Finance degree . Candidates who have excelled in undergraduate coursework related to finance demonstrate a strong understanding of financial principles and methodologies, which is crucial for success in a Master of Finance program. 

Relevant professional experience in finance or related industries can enhance an applicant's candidacy, as it indicates practical knowledge and skills applicable to the field. 

Career Opportunities

While MBA and Master of Finance graduates may work in similar environments, they often pursue different career paths due to the distinct skill sets and knowledge acquired in each program. Let's explore the diverse career opportunities available to graduates of each program:

Graduates of MBA programs have a wide array of career options spanning various industries and functions, including:

  • Operations Manager
  • Business Development Manager
  • Management Consultant
  • Marketing Manager
  • Entrepreneur/Startup Founder
  • Project Manager
  • Supply Chain Manager

Individuals with a Master of Finance degree can pursue specialized roles in the finance sector, such as:

  • Financial Analyst
  • Investment Banker
  • Portfolio Manager
  • Risk Analyst
  • Financial Planner
  • Corporate Finance Officer
  • Financial Controller

A male MBA student participating in classroom activities

Considerations for Choosing Between an MBA and a Master of Finance

Before choosing and pursuing one of these advanced business degrees, it's crucial to carefully consider various factors to ensure the best fit for your career aspirations and personal interests. Here are key considerations to ponder when choosing between an MBA and a Master of Finance.

Individual Career Goals and Aspirations

Your career goals and aspirations are key in determining whether an MBA or a Master of Finance aligns better with your objectives. While an MBA offers a broader perspective and prepares you for leadership roles across diverse industries, a Master of Finance provides specialized knowledge tailored for finance-centric positions. Whether you aim for executive leadership, entrepreneurship, or specialized finance roles, understanding how each program supports your career trajectory is essential.

Personal Strengths and Interests

Your strengths and interests should also guide your decision-making process. So, consider how the content and focus of each program resonate with your skills, preferences, and career aspirations. Reflect on whether you thrive in a multifaceted business environment or prefer delving deep into financial analysis and strategy, ensuring that your chosen path aligns with your strengths and passions for long-term satisfaction and success.

Industry Trends and Job Market Demands

Staying updated on current industry trends and job market demands is another crucial factor. Analyze how these trends may impact the value and demand for graduates in both fields across various sectors and roles. Understanding the evolving landscape of business management and finance will help you anticipate future opportunities and make strategic decisions aligned with market demands.

Return on Investment and Financial Considerations

Consider factors such as tuition costs, potential scholarships or financial aid opportunities, and the expected return on investment. Evaluate each program's salary potential, career advancement opportunities, and overall financial implications to ensure that your chosen path aligns with your financial goals and circumstances.

Potential for Career Advancement and Long-term Growth Prospects

Lastly, consider how the skills, knowledge, and network acquired through these programs may impact your career progression and future opportunities. By envisioning your long-term career goals and assessing the growth prospects offered by each degree, you can make a strategic decision that propels your career forward.

The Bottom Line

In the end, the choice between pursuing an MBA or a Master of Finance hinges on personal preferences, career goals, and individual strengths as both paths offer promising opportunities for personal and professional growth.

At UND, we understand the importance of tailored education and are here to support you in thriving in the business world.

Can I pursue an MBA or a Master of Finance degree online, or are they typically offered as on-campus programs? ( Open this section)

Both MBA and Master of Finance programs are often available in online formats, providing flexibility for students who prefer remote learning.

Can someone with an MBA pursue a career in finance, and can someone with a Master of Finance pursue a career in business administration? ( Open this section)

Yes, individuals with an MBA can pursue careers in finance, especially if they specialize in finance-related courses during their program. Similarly, individuals with a Master of Finance can transition into business administration roles, leveraging their financial expertise in managerial positions.

Can I pursue an MBA or a Master of Finance degree part-time while working, or are they primarily full-time programs? ( Open this section)

Of course! Many institutions offer part-time options for MBA and Master of Finance programs, allowing students to balance their studies with work commitments.

What types of financial aid or scholarships are available for students pursuing an MBA or a Master of Finance? ( Open this section)

Financial aid and scholarship opportunities vary depending on the institution and program. Students may be eligible for grants, scholarships, loans, or employer sponsorship programs.

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11 Sets of Twins to Graduate from Same Pennsylvania High School Together

Norwin High School's principal, who is also a parent of twins, joked, "I don't know if there's something the water"

is phd and masters the same

CBS Pittsburgh/Youtube

A high school graduation ceremony in Pennsylvania is set to look a little different this summer.

According to CBS News , Norwin High School in Westmoreland County will see 11 sets of twins receive their high school diplomas at the end of the school year.

"You always have a friend around, so it's like you're never really bored," student Sophie Bowser told the outlet. "I always have someone to talk to."

Speaking about being part of the 11 pairs of twins, Luke Klamut added, "It's super interesting to see. I'm not sure if this is a record, but it's super interesting. If anyone is like, 'Do you have a fun fact?' you can be like, 'Well I graduated with 10 other sets of twins in high school.' "

Norwin High School Principal Dr. Michael Choby also shared his thoughts on the news, explaining that despite the students being twins, they were individuals with different personalities.

“Very different personalities as a group and as twins for sure. It makes them special and makes them unique, as you mentioned, it makes them unique to hang around with at school," he told the outlet.

Choby added that he had never experienced having so many twins graduate at the same time.

"It is my ninth year as the building principal," he said. "I don't remember it happening in the past. It's exciting because of the camaraderie amongst the students." 

"I also am a parent of twins," he added. "So I have twins here at Norwinn School District, not in high school yet, but someday. I don't know if there's something the water."

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CBS News also reports that while some twins are set to attend the same college together, others are going separate directions.

"We're going to try to stick together," Sophie's twin Abby Bowser told the outlet.

"This is just a stepping stone," added Choby. "Their futures are going to be phenomenal. I'm excited to just follow from a distance."

Related Articles

11 sets of twins set to graduate from same high school

IRWIN, Pa. (WTAE) – A graduating class at a high school near Pittsburgh has 11 sets of twins this year.

The 11 sets of twins at Norwin High School in Irwin, Pennsylvania are set to walk across the stage and receive their diplomas soon.

“I didn’t really realize there were so many of us until we all got down into the office and I was like, ‘Oh my gosh, there’s literally 22 of us,’” said senior Rachel Cassley.

Her twin brother Jack Cassley said he “thought it was normal” to have so many twins in a graduating class.

Luke and Alexis Clamut said twin life is just normal life for them, and graduation will be bittersweet.

“I think we can all can relate that when we’re going to go to college, it’s just going to be hard, because we just live together constantly and we’ve grown up together all the years and graduating together,” Alexis Clamut said.

Every twin graduating from Norwin High School can say they graduated high school with ten other sets of twins – not something you hear every day.

Copyright 2024 WTAE via CNN Newsource. All rights reserved.

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How the Columbia protests sparked campus demonstrations across the country

Police surround protesters supporting Gaza on the campus of Columbia University on April 18, 2024.

It just added fuel to the fire.

The decision by Columbia University’s president, Nemat “Minouche” Shafik, to call in the New York Police Department to clear pro-Palestinian protesters from the campus last week appears to have sparked the spate of increasingly strident demonstrations that have erupted at universities in New York City and across the country in recent days, students and faculty members said.

Since Thursday, when police arrested 108 Columbia University demonstrators, including Rep. Ilhan Omar’s daughter, Isra Hirsi, similar protests have erupted on campuses across the country, from New York University and Yale University to the University of Illinois and out west to the University of California, Berkeley, and the University of Southern California, which shut its gates late Wednesday because of the growing demonstrations.

The encampment at Columbia sprung up April 17, the day Shafik was grilled about on-campus antisemitism by the Republican-led House Committee on Education and the Workforce. Shafik faced questions about her handling of antisemitism on campus after Hamas' attack on Israel on Oct. 7 alongside two members of Columbia’s Board of Trustees and the head of its antisemitism task force. The next day, Shafik had police clear the encampment; more than 100 protesters were arrested.

That got Rachel, 19, a Columbia student who asked to be identified only by her first name because of fear of retaliation or suspension by the school, off the fence and into one of the tents that pro-Palestinian demonstrators had raised on the campus in upper Manhattan.

“I think that that was sort of the straw that broke the camel’s back, because students had already been feeling incredibly suppressed and censored by President Shafik,” Rachel said.

Noting that the last time a Columbia University president summoned the police to disperse student demonstrators was back in 1968, at the height of the Vietnam War, Rachel said what she called Shafik’s attempt to intimidate them was backfiring.

“Movements inherently boil when they’re facing extra suppression,” she said.

The Columbia students protesting the war have demanded that the school cut financial ties with Israel and divest from Israeli companies. And they have inspired students across the country to do the same.

“This is about solidarity," said Alex, a Jewish student at the University of Michigan who is part of the pro-Palestinian movement and asked to be identified only by his first name out of fear of retaliation. "We have colleges all across the nation performing a synchronized act because we work together. This is a collective movement far beyond the United States."

Organizers say they were also inspired by protests against the apartheid government of South Africa that an earlier generation of Michigan students took part in.

“It’s never been bigger than it is right now,” said a masked male organizer, who asked to remain anonymous out of fear of retaliation. “We’ve seen that this has been effective in achieving concessions from the administration towards divestment from Israel, apartheid and genocide.”

But it has also sparked a backlash, particularly from politicians on the right who have been urging university administrators to crack down hard on the protesters.

"You have to have law and order on campus," House Speaker Mike Johnson, R-La., told NBC News' Stephanie Gosk after he met with Jewish students at Columbia. "Listen, taxpayer funding comes to institutions like this. The American people are demanding that we bring order to this chaos. We have this kind of thing mushrooming around the country right now."

Encampments have continued on Columbia's campus into this week, with Shafik calling for classes to be held virtually Monday and initially giving the demonstrators a deadline of midnight Tuesday to fold up their tents and disperse before she announced that conversations would continue over the next 48 hours without forcing the encampment to be removed.

“We are making important progress with representatives of the student encampment on the West Lawn,” a college spokesperson said.

Image: Pro-Palestinian Protests Continue At Columbia University In New York City

Marianne Hirsch, a Columbia University English professor, said Shafik has been "squashing peaceful protest, squashing open debate, not allowing students to express their opinions and debate their opinions."

And the fact that Shafik summoned the police last Thursday, a day after she was questioned at the congressional hearing, is no coincidence, she said.

"I’m extremely concerned about antisemitism my entire life, and I’m extremely distressed right now to see how antisemitism is being weaponized and used, misused ... under the guise of safety and security," Hirsch, whose parents were Holocaust survivors, said Tuesday.

Later, Hirsch said she “cannot but agree this is motivated by trying to pacify congressional members who are trying to interfere in the running of this school.”

Early Monday, Shafik said that classes would be held virtually Monday and that school leaders would come together to discuss a way to bring an end to “this crisis.”

Several Jewish students at Columbia have told NBC News the antisemitism they experienced was very real and that they're steering clear of the campus for their own safety.

“The tension is so high,” said Itai Dreifuss, 25, a junior and an Israeli who says he has been spat on and taunted by campus protesters waving Hamas flags. “It’s definitely frustrating to be a part of this campus right now. You feel so helpless, and you feel so exposed.”

Speaking with reporters, Johnson said he heard that Jewish students had been "running for their lives."

Gosk challenged that assertion, telling Johnson that while some Jewish students she spoke with "are certainly afraid for their safety," they are "not running for their lives."

"I had standing room only with a house full of Jewish students talking about the intimidation and threats that they experienced," Johnson replied.

Sueda, a graduate student who helped organize the pro-Palestinian protests at Columbia and asked to be identified only by her first name to avoid reprisals, said students escalated pressure on the university and started the tent encampments after previous forms of protest did not lead to the intended results.

"Have those protests yielded any material results from the university? Have they yielded an acknowledgment of the pain felt by Palestinians and by the community that is in solidarity with them? Have they yielded any statements of sorrow or regret by the university for their overly punitive treatment of pro-Palestinian students? No," she said.

Oren Root, a longtime New York City lawyer and Columbia University graduate who was at the school when anti-Vietnam War protests rocked it in 1968, said Shafik's summoning of police was "an extraordinary miscalculation."

"President Shafik and her advisers clearly didn't learn from history," said Root, who was a top editor at The Spectator, the Columbia student newspaper, in 1968 and 1969. “Calling in the cops was clearly a mistake. Things have not gotten any calmer.”

The decision in 1968 by university President Grayson Kirk to have the police forcibly remove protesters from the buildings they were occupying only inflamed the situation and tarnished Columbia's reputation for many years, Root said.

Root, who called for Shafik's resignation in an opinion piece in The Spectator on Monday , said Columbia also appears to have chosen a side in the Gaza battle.

In response, a spokesperson for Shafik did not address Root's criticisms or the calls for her resignation.

"President Shafik is focused on deescalating the rancor on Columbia’s campus," the spokesperson said in a statement Tuesday. "She is working across campus with members of the faculty, administration, and Board of Trustees, and with state, city, and community leaders, and appreciates their support."

New York police also arrested more than 100 protesters at NYU's Gould Plaza on Monday night.

Pro-Palestinian students and activists protest on the campus of New York University in New York

Pro-Palestinian encampments have also been established at other schools that have been the sites of anti-Israel demonstrations, like the Massachusetts Institute of Technology, the University of Texas and California State Polytechnic University, Humboldt.

New York Mayor Eric Adams said this week he believed "outside agitators" were using the Israel-Hamas war as an excuse to cause violence and mayhem in the city.

“We can’t have outside agitators come in and be destructive to our city," Adams said at a news conference Tuesday. "Someone wanted something to happen at that protest at NYU."

Students from MIT, Harvard University and others rally at a protest encampment on the MIT campus  in Cambridge, Mass.

It was not clear how many of those arrested at Columbia were students and how many were outsiders. Police did not respond to two requests for comment on the arrests.

Meanwhile, a group of 25 Senate Republicans sent a letter Tuesday to Attorney General Merrick Garland asking the Biden administration to address the protests across the nation.

“These pro-Hamas rioters have effectively shut down college campuses and have literally chased Jewish students away from our schools," the letter read. "You need to take action to restore order and protect Jewish students on our college campuses."

The letter did not ask Garland to take steps to protect the pro-Palestinian protesters.

Doha Madani is a senior breaking news reporter for NBC News. Pronouns: she/her.

Selina Guevara is an NBC News associate producer, based in Chicago.

is phd and masters the same

Corky Siemaszko is a senior reporter for NBC News Digital.

IMAGES

  1. Masters Vs PhD: The Difference Between Masters & PhD/Doctorates 2023+

    is phd and masters the same

  2. The Difference Between a Master's and PhD

    is phd and masters the same

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

    is phd and masters the same

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

    is phd and masters the same

  5. Comparing Masters and Ph.D. Programs

    is phd and masters the same

  6. Difference between Master’s & PhD Dissertations

    is phd and masters the same

VIDEO

  1. #EUCLID GRADUATES PHD, MASTERS DEGREE STUDENTS OF 2023#

  2. PhD vs Master student #collegeme #studentmeme

  3. Master's vs. PhD: Navigating the Educational Landscape

  4. Study Masters or PHD in Canada

  5. HOW TO GET PHD SPONSORSHIP IN THE UK 🎊🎊

  6. MD/PhD vs MD or programs: Why I chose MD PhD #mdphd #whymdphd #medicine

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. Masters Vs PhD: The Difference Between Masters & PhD/Doctorates 2024+

    Some graduate programs provide a formal plan of study for completing a Masters and PhD at the same time. These programs are referred to as dual degrees, joint degrees, or master's and PhD combined degrees. Grad schools with these practical programs are a great way to earn both degrees at the same time.

  3. 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.

  4. 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).

  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. 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:

  7. 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.

  8. The Difference Between Masters and PhD Study

    The most obvious difference between a Masters and a PhD in terms of overarching course structure is length. Whereas a Masters is completed in 1-2 years, a PhD will usually take 3-4 years (if studied full-time) or 5-6 years (if studied part-time). 3-4 years may sound like a long time, but by the end of a PhD you'll not only researched, written ...

  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. 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.

  11. 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 ...

  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. 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 ...

  14. Master's vs. Doctoral or Ph.D.- What's the Difference?

    The Ph.D. is an abbreviation for "Doctor of Philosophy" and is the highest academic degree one can achieve. To enroll in a Ph.D., a master's degree is usually required, although some programs accept bachelor's degree holders. The program includes coursework, research courses, a comprehensive exam, and a dissertation.

  15. 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.

  16. PhD vs. Master's Degree (Information to Help You Choose)

    A master's degree generally requires coursework plus a thesis or capstone project, while a PhD involves mostly research. A doctorate also requires more coursework than a master's degree, including research and writing a dissertation. The dissertation is a long research paper about a topic related to your field of study.

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

    5. MBA & Juris Doctor. 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.

  18. Joint Masters and PhD Programs

    What are 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.

  19. 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 ...

  20. Integrated Masters with PhD

    The tuition fees for Integrated PhDs are divided into two rates, one for the Masters phase and the other for the PhD phase. Most universities adopt the same rate for both phases, thus specify a single rate for all four academic years. These are usually referred to as an 'Integrated PhD rate'. There are, however, a few exceptions to this ...

  21. 15 Best Online Doctoral Programs/PhD Programs

    Best Online Doctoral Programs/PhD Programs (Continued) 7) University of Missouri. One of the most robust in terms of online offerings, the University of Missouri's online PhD classes are taught by the same professors who teach Mizzou's in-person classes. Mizzou offers programs in education and nursing.

  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. Best Online Doctoral Programs Of 2024

    Applicants need a master's degree with at least 36 graduate credits to qualify for the program. ... An online doctoral degree from an accredited university can provide the same rigorous ...

  24. Applying to both MA and PhD program at the same school?

    Depends. So if you are applying to a specific department, its likely that the admissions committee is the same. In the past for students that we did not accept into the PhD program, we encouraged them to apply to the masters program (deadline is months later) It couldn't hurt to call the program coordinator and ask them for advice (give them a ...

  25. Graduate vs Masters: How Are These Words Connected?

    4. Contextual Usage. Finally, it's important to consider the context in which the terms "graduate" and "masters" are being used. In some cases, the terms may be used interchangeably or in a more general sense. For example, if someone says they are a "graduate student," they may be referring to any level of postgraduate study, not ...

  26. Why the gap between men and women finishing college is growing

    Similarly, while three-in-ten White men without a college degree say a major reason they didn't complete college is that they didn't need more education for the job or career they wanted, only 24% of White women say the same. Among Black and Hispanic non-college graduates, roughly similar shares of men and women say this was a major reason.

  27. MBA vs. Master of Finance: What's the Difference?

    A Master of Finance degree, often abbreviated as MFin or MSF, is a graduate-level program focused on developing expertise in financial analysis, risk management, and investment strategies. ... While at the same academic level, the Master of Business Administration and Master of Finance diverge significantly in their focus, curriculum, and ...

  28. 11 Sets of Twins to Graduate from Same Pennsylvania High School

    Choby added that he had never experienced having so many twins graduate at the same time. New Orleans High School Student Receives Record $9M in Scholarship Offers from 125 Colleges "It is my ...

  29. 11 sets of twins set to graduate from same high school

    IRWIN, Pa. (WTAE) - A graduating class at a high school near Pittsburgh has 11 sets of twins this year. The 11 sets of twins at Norwin High School in Irwin, Pennsylvania are set to walk across ...

  30. How the Columbia protests sparked campus demonstrations across the country

    Sueda, a graduate student who helped organize the pro-Palestinian protests at Columbia and asked to be identified only by her first name to avoid reprisals, said students escalated pressure on the ...