is a phd the same as a masters

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

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

Master’s Degrees

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

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

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

Doctoral Degrees

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

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

Dual Degree Programs or Joint Master’s and PhD Programs

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

How to decide which degree is right for you?

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

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

Social Work

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

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

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

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

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Master’s vs PhD — These are the Main Differences

Updated: July 18, 2022

Published: October 31, 2019

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.

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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.

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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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What Comes After a Master's Degree?

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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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Demystifying Graduate Degrees: Comparing Master’s vs. Doctorate

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 .

Learn More About

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

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Master’s vs PhD/Doctorate Degrees – Key Differences

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!

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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After landing that sweet job position when you finish your graduate degree, be sure to get English editing services for any of your crucial documents before sending them to colleagues, clients, or users. Check out our list of business editing and writer editing services below.

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

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 Savvy Scientist

Experiences of a London PhD student and beyond

Masters vs PhD: Which is Right For You?

PhD or Masters? It’s a tricky choice to make! There’s no one simple answer as both can be great choices and there are several angles to consider. In this post we’ll look at the differences between the two and compare various factors to consider when deciding between a Masters vs PhD.

Note – This post was a reader request. If you’d like me to cover any particular topics let me know here .

Key Differences Between a Masters and a PhD

Before we delve into the details of what factors to consider in your decision, here is a brief summary of the main differences between Masters and PhD programmes:

• Typically 1 year long (in the UK)
• You’re part of a cohort with course mates studying the same things as you
• There are different types of Masters: MRes, MSc, MEng etc. Sometimes they’re fully “taught” (i.e. all lectures and exams). Other times they’re “research” (lectures and a research project) or a mixture of both. Look at the syllabus of Masters courses you’re considering for details
• They cost money – unless you manage to secure a scholarship
• 3-4 years long in the UK (and longer elsewhere)
• Always involve a significant research component: that’s all they are!
• Typically you’re not part of a cohort, the exception are CDTs (details here )
• Although PhDs cost money, it is not normal for STEM PhD students to personally pay for a PhD. Usually you’ll get funding which covers the fees plus pays a nice tax-free stipend. See my whole analysis of how PhD stipends compare to grad salaries

Factors to consider when deciding between a Masters and a PhD

Now let’s dive into some specific comparisons of a Masters vs PhD:

• Financial cost
• Potential salary boost
• Opportunity gain
• Opportunity cost

Masters vs PhD Cost

How much does a masters degree cost in the uk.

For Masters courses in the UK there are typically both tuition fees and bench fees. Bench fees are for covering costs involved with practicals and research experiments, including consumables and training.

In the UK, if you’re a home student you’ll often pay upwards of £11,500 for tuition fees. Overseas students may get charged £21,800 or higher. Bench fees can vary a lot, typically they may be around £5000.

The course page will usually list the cost of the Masters pretty clearly, see this example from Bristol:

In addition you will have living costs on top of these fees. You’ll therefore have to budget for all of this ahead of starting the Masters unless you’re planning to work while studying. If so, here are some ideas I put together for ways to make money as a student .

There are sometimes bursaries and scholarships available for Masters students so do look at your options. The university website should list the main funding options available to you. However in my experience the majority of Masters students tend to self-fund or take out a loan.

How much does a PhD cost in the UK

In theory a PhD would incur bench fees like a Masters. Yet unlike with Masters degrees, it is pretty rare to self-fund a PhD, at least in the sciences. Instead it is normal for prospective PhD students to try and secure funding.

Usually PhD students will only embark upon a project once funding has been secured for the duration of the project: often 3.5 years.

Typically a PhD student will secure funding both to pay for the university fees, plus a stipend to cover their living expenses. For the 2021/2022 academic year a typical annual PhD stipend is £15,609 per year outside of London, or £17,609 per year in London. To be clear: this is money you get paid for doing the PhD, not that you have to pay! On top of the stipend all other costs relating to the PhD also get covered by the funding body.

If you want to find out more about PhD funding, see my separate relevant posts here:

• How to Find PhD Funding in the UK
• PhD Student Salary in the UK: Comparing a PhD Stipend to a Grad Salary

I lived pretty comfortably on this kind of amount of money in London, so it’s certainly possible!

Masters vs PhD Potential Salary Gain

If you’re considering a Masters or PhD to help you climb the career ladder more quickly, you may be wondering how much they could each boost your salary.

Whether or not a Masters or PhD is worth it for the potential salary gain really depends on what job you’re looking to go into. Generally, yes, the more highly qualified you are the more money you may be able to earn:

If you’re looking to boost your earning potential, from these US figures someone with a Masters could expect to earn approximately 18% more than someone with just a Bachelors degree. Furthermore, someone with a PhD may be able to earn 43% more than just a Bachelors. Therefore, on average PhDs earn 21% more than people with a Masters. There are loads of caveats though and this figure isn’t really comparing a like-for-like situation.

As a rule of thumb: if you’re going into a technical job, especially one requiring specialist knowledge you pick up from your studies, then you’re more likely get rewarded for your extra degree(s). Also notice how in the above figure across all workers the unemployment rate is lowest for those with PhDs. The unemployment for those with a Masters vs a PhD is 73% higher.

For certain companies and roles the more highly qualified you are the more they’ll reward you with a higher salary. Other companies, especially ones which wouldn’t utilise the skills from your degree, won’t pay you any higher than someone with a Bachelors degree.

There may be certain professions where getting a Masters or PhD are really beneficial for boosting your salary but I’d urge caution if this is your primary motivation for earning one of these degrees. This is especially true if you consider that instead of earning an extra degree you could spend your time gaining work experience on the job.

Consider looking up different potential employers you may be interested in working for to get a sense of whether your extra qualifications could secure you a higher salary. If the company is transparent with sharing salaries for different pay grades then you may be able to find details on their website. If not I suggest looking on glassdoor .

Masters vs PhD Opportunity Gain

What opportunities open up to you by doing a Masters vs a PhD? How beneficial could either be for your career? We’ll consider categories:

Technical knowledge

• Lab experience

Independent thinking & problem solving

Student life.

The obvious benefit to doing either degree is that you’ll gain expertise and knowledge in a certain technical topic. Not only may this be interesting to you in its own right but the degree can be used to demonstrate your technical know-how for your upcoming career. Either degree could help with your career prospects and enable you to potentially expand your horizons and go and work abroad. Though this depends a lot on your field and specific situation!

There is a quite obvious tradeoff between breadth and depth of technical knowledge between a Masters vs PhD.

A Masters degree is considerably shorter than a PhD, therefore your opportunity to pick up deep technical skills across the period of the programme is likely to be lower.

However, it is worth noting that Masters courses involve lectures, whereas in the UK PhDs don’t. Therefore it may actually be the case that with the Masters you’re picking up knowledge more quickly than the PhD. This does of course depend a lot on the skills you want to learn and how you work. Plus, you can sometimes go to lectures if you want as a PhD student. I’d say this one is a draw.

Practical lab experience

If you do a Masters involving a research project you’ll likely spend at most 4-6 months of the year in the lab. With a PhD you’ll spend considerably longer!

In the first year of a PhD you can try out different things and with the following years of a PhD you’re learning things at a much deeper level than a Masters. Though again, this depends quite a bit on what you’re trying to learn and why. For a lot of purposes you may gain enough practical experience in just a Masters project.

With either degree I think you’ll have ample opportunities to pick up new skills and challenge yourself to think independently.

A Masters is usually a little more like a Bachelors degree. By this I mean, besides your research project, the course leaders will be setting pretty well defined questions which often come with relatively well defined answers. When it comes to conducting research (for either degree) you’ll of course be answering questions for the first time and usually this will require some problem solving.

Compared to a PhD project a Masters research project is much smaller in scope and well defined. Plus, you’ll typically be paired with a more senior lab member (PhD student or postdoc) which doesn’t often happen for PhD students. There are also sometimes group projects for Masters degrees which adds another useful skill to the mix.

A PhD is the ultimate test of independence and problem solving. A lot of us see this as a fun challenge but bear in mind the importance of having a supporting supervisor. I wrote a separate post about choosing a PhD project and supervisor .

Masters Networking Opportunities

One perk of a Masters degree compared to a PhD is that you’ll always have a group of course mates with you. Not only can this be reassuring and give you social opportunities, it also means that you can network with like-minded individuals who are interested in the same topic as you. It is very easy to see how this could lead to starting a company with a course mate or business relationships later in your career.

PhD Networking Opportunities

PhDs on the other hand may be more solitary. It really depends on the group and department you join. If you join a small group with very few other PhD students it could be a much less exciting, and potentially more difficult, environment to be doing research in. Plus less people to bounce ideas off of and network with.

Some departments are very good at putting on social and networking events for their PhD students. Others less so. My PhD involved working in two different departments and each took very different approaches. One department had an annual research day and several parties throughout the year specifically for their PhD students. On top of that were lecture series’ plus Christmas and Summer parties for the whole department. The other department organised practically nothing.

PhDs do afford you more time to build connections with other researchers in the department and collaborations with other universities and institutions. In my PhD I spent time working with two other research groups in London (at UCL and the Royal Veterinary College) as well as the Natural History Museum. I doubt I’d have formed these connections through doing a Masters.

Whether it be a Masters or PhD, remember that you’ll be a student again. Therefore for either degree you can attend all student events on campus, join clubs and societies at the students’ union which could bring with it many opportunities to enrich your life. Of course a PhD gives you more time to enjoy these benefits!

Whichever degree you decide to go for, see my post about making the most of opportunities !

Also if you’re interested, I wrote: Do PhD Students Have a Social Life? Sharing My Experiences Making Friends and Avoiding PhD Loneliness

Masters vs PhD Opportunity Cost

The main opportunity cost I can think of for either is the length of time that they take. If you’re trying to decide between a Masters or PhD, or perhaps even aren’t sure about doing either, I suggest thinking about what you’d otherwise be doing and what you’d like to do afterwards.

There is no getting around the fact that a PhD takes longer to complete than a Masters. Maybe that extra time spent deep in research is well spent, or maybe you’d be better off just doing a one year Masters degree and using that remaining time to progress a career in industry, start a business or make the most of some other opportunities.

It will come down to why you’re interested in doing either degree in the first place and what you’re hoping to do with your life afterwards.

If you enjoy research but are worried that a PhD would take too long, I don’t think you should worry too much. Firstly, I think enjoying research is reason enough to do a PhD. Secondly, in comparison to your whole career a PhD doesn’t really take up much time.

I don’t think that the time you’ll have spent doing a PhD would ever meaningfully take away from other things you could do with your life:

See my whole post about how long a PhD takes .

Masters vs PhD Difficulty

How hard is a masters.

I can’t speak for all Masters courses! How difficult you’ll find a Masters will depend a lot on the specific course and how different the topic is to your undergraduate degree. Of course if you’re jumping to a different field than your undergraduate degree you’d expect to find the Masters challenging!

What I can say is that there can be a lot of content to try and cram in during a one year Masters. The pace can be fast and there isn’t much time for you to digest the content before getting assessed on it. You have to be able to learn quickly and juggle lots of things going on at once, with regular assessments throughout the year. This is all in stark contrast to the PhD where you’ll usually have ample time to ensure you understand a concept well and there are few formal assessments to deal with.

How difficult is a PhD?

A PhD involves working independently on your own project for the whole duration of your studies. With this comes having to solve problems yourself and find the motivation to keep going with the project for several years. There is a component of luck as to how your project pans out but it is safe to say that a lot of people do go through difficult parts of their PhD related to these issues.

There are very few formal assessments throughout a PhD. Typically at around 9-12 months in, then 18-24 months in there are intermediate checkmarks and then the big one, the viva, right at the end. On the upside this means that you don’t need to worry about getting assessed on assignements or exams like with the Masters, but on the flip side it can be difficult to figure out how well you’re doing.

From what I’ve observed, some people who have difficulties during the project often face them because of a poor relationship with their PhD supervisor. I personally didn’t find my PhD hard, but that in part comes down to enjoying the content, having good supervisors and treating it like a 9-5 job. No you shouldn’t need to dedicate all your evening and weekends to it, and it doesn’t need to be a hellish experience.

Yes this is anecdotal but I also worked with many other postdocs and PhD students who shared their experiences with me. Also check out the PhD Profiles series for more insights.

See my much longer analysis about PhD difficulty here: How Hard is a PhD?

Masters vs PhD: What did I do?

My own path from undergrad to PhD was made slightly more simple because I did a combined four-year undergraduate engineering degree which took me straight to a Masters qualification (MEng). Even so, I still wasn’t exactly clear on whether I wanted to a PhD or what topic it might be in. Therefore after graduating I worked for a few years whilst also putting out applications:

This gave me an opportunity to build up my experience and work in different fields, all while getting some more research outputs which were useful for PhD applications. If you want to read more about my journey, check out my PhD profile here . While you’re there, look at other PhD students’ journeys in the other PhD Profiles too.

Whether you should do a Masters or PhD really comes down to: why are you interested in further study?

I would urge caution in getting extra degrees just to try and boost your salary. There are cases where this can pay off but consider what other work experience you could be getting outside of the university. A Masters for example will typically cost you money, whether it be eating up savings or through a loan, so do think carefully if you’re doing the degree for financial reasons.

If on the other hand you’re motivated to take on either degree because you’re interested in the topics and simply want to learn then go for it!

A Masters can be a nice introduction to a field, especially if you’re transitioning from a different Bachelor’s degree. Having lectures covering a wide variety of topics can get you up to speed and you can spend a few months on a research component if that’s what you fancy.

If you actively enjoy doing research and like the idea of spending three or four years exploring one topic then doing a PhD could be a nice option. Though I would suggest that for many people a PhD may be overkill and that for most career purposes a masters is probably enough!

If you’re wondering whether or not you need a Masters to do a PhD, see my separate post exactly about that topic here: Do You Need a Master’s To Do a PhD? TLDR: No you don’t necessarily need one in advance, and CDTs are another option to consider which combine the benefits of both . See details about CDTs here . If you are interested in research, and already know what kind of topic you’d like to spend several years studying, then I’d consider applying for a PhD without a Masters.

I know it can be difficult making these choices. Remember though that you don’t need to rush your decision. There is nothing wrong with working for a few years then coming back to do a Masters or PhD. That is what I did!

It might feel like you need a clear plan but you really don’t so please don’t let it stress you out too much! Whatever you decide I wish you all the best for your career.

I hope this post has been useful if you’re trying to decide between a Masters vs PhD! If you have any other questions, feedback or suggestions be sure to let me know and I’ll try my best to help.

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4 Comments on “Masters vs PhD: Which is Right For You?”

Great article! I completed my MEng in Mechanical from Cardiff in 2018 and am now looking for an Industrial PhD (I think it’s also known as an EngD or DEng?). As I’d like to pursue an academic role in future but after a PhD I’d like to go into industry to really test the knowledge I gain (or maybe start a company).

I’d like to learn more and become a specialist who really understands and grasps all aspects of Mechanical Engineering. Plus, I really like the calculation side of things, but have had difficulty finding jobs, so I think a PhD would be a significant benefit to me. Though, I found it interesting that you state that having a PhD doesn’t increase salary expectations necessarily; I thought salary rise would be a bonus (from other articles) but I guess this depends on the companies that appreciate PhDs and whether you apply to the right ones.

Do you have an article showing how to make your PhD applications stand out?

Keep it up!

Kind regards, Y

PS Just a minor detail the last section on which is right for you (first line) has a typo: Masters of PhD… should be Masters or PhD.

Thanks very much for your comment and for pointing out a typo! Hey, mech eng MEng and Cardiff, nice! Yep I’ve known people doing EngDs and they look like a nice option.

As per the bar chart in the article, on average a PhD leads to higher salaries but in the article I wanted to temper salary expectations and make it clear that it is not necessarily a great idea to do a PhD if earning more money were the main motivation: not only may a PhD prove frustrating if someone doesn’t actually enjoy the research but it’s also pretty inefficient since in a lot of cases simply spending those 3-4 years gaining experience in a job could likely lead to equivilant or larger promotions over that period. Yeah it really depends on the company and industry. As per the article you could have a look at the companies advertising positions in a subfield of mech eng you’re interested in and check the candidate requirements and associated compensation to get a sense of what a PhD could add.

An article I’m actually currently drafting for June is about how I managed to get a PhD scholarship which includes lots about making your application stand out, so I suggest check back later in the month!

Best wishes and good luck,

By the way I forgot to add that each candidate in the PhD Profiles series answers the question of what made their PhD application stand out, you can find the series here: https://www.thesavvyscientist.com/category/phd-profiles/

Thanks Jeff, I think I’ve got a lot of research to do as I’m quite open as to what I want to apply to. After reading your profile I think I have a similar interest in the medical field as I did a placement at Olympus medical and really enjoyed it. Plus working with professional engineers to a specific deadline is quite fun. I might choose to go a similar route to you by emailing the scientists/engineers who are running the PhD(s) I’m interested in and getting work experience until I’m certain of the topic I want to explore. There’s just so many options! Thanks for writing these blogs! Kind regards Yusuf

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What Is a Doctorate Degree?

A doctorate is usually the most advanced degree someone can get in an academic discipline, higher education experts say.

What Is a Doctorate?

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It's unwise to apply to a doctoral program if you don't have a clear idea of how you might use a doctorate in your career.

In many academic disciplines, the most advanced degree one can earn is a doctorate. Doctorate degree-holders are typically regarded as authorities in their fields, and many note that a major reason for pursuing a doctorate is to increase professional credibility.

"If someone wants to be respected as an expert in their chosen field, and also wants to have a wider array of options in research, writing, publishing, teaching, administration, management, and/or private practice, a doctorate is most definitely worth considering," Don Martin, who has a Ph.D. in higher education administration , wrote in an email.

A doctoral degree is a graduate-level credential typically granted after multiple years of graduate school, with the time-to-degree varying depending on the type of doctoral program, experts say.

Earning a doctorate usually requires at least four years of effort and may entail eight years, depending on the complexity of a program's graduation requirements. It also typically requires a dissertation, a lengthy academic paper based on original research that must be vetted and approved by a panel of professors and later successfully defended before them for the doctorate to be granted.

Some jobs require a doctorate, such as certain college professor positions, says Eric Endlich, founder of Top College Consultants, an admissions consulting firm that helps neurodivergent students navigate undergraduate and graduate school admissions.

Endlich earned a Doctor of Philosophy degree, commonly known as a Ph.D., from Boston University in Massachusetts. He focused on psychology and notes that a doctoral degree is generally required to be a licensed psychologist.

"Since a Ph.D. is a research-focused degree, it can be advantageous to those seeking high-level research positions in scientific fields such as astrophysics or biotechnology," he says.

How Long it Takes to Get a Doctorate Degree

Martin, founder and CEO of Grad School Road Map, an organization that helps grad school applicants navigate the admissions process, says obtaining a doctorate is often a lengthy endeavor.

"Typically it can take between four and six years to complete any doctoral program," he says. "If comprehensive examinations and a dissertation are part of the graduation requirements, it may take a year or two longer. There is no standard amount of time – some students take seven to 10 years to finish."

Endlich says doctoral degree hopefuls should be aware that completing a dissertation may take a long time, especially if unexpected hurdles arise.

"My dissertation, for example, involved recruiting college students to complete questionnaires, and it took much longer than I anticipated to recruit enough subjects for my study," he says.

The standards for a dissertation, which include the proposal and research, are rigorous and usually involve a review and approval by a faculty committee, says Hala Madanat, vice president for research and innovation at San Diego State University in California.

"As part of dissertation requirements, some programs will require publication of the research in high-impact peer-reviewed journals," Madanat wrote in an email.

Types of Doctoral Degree Programs

According to professors and administrators of doctoral programs, there are two types of doctorates.

Doctor of Philosophy

A doctor of philosophy degree is designed to prepare people for research careers at a university or in industry, and teach students how to discover new knowledge within their academic discipline. Ph.D. degrees are offered in a wide range of academic subjects, including highly technical fields like biology , physics, math and engineering; social sciences like sociology and economics; and humanities disciplines like philosophy.

A Ph.D. is the most common degree type among tenure-track college and university faculty, who are typically expected to have a doctorate. But academia is not the only path for someone who pursues a Ph.D. It's common for individuals with biology doctorates to work as researchers in the pharmaceutical industry, and many government expert positions also require a Ph.D.

Professional or clinical doctorates

These are designed to give people the practical skills necessary to be influential leaders within a specific industry or employment setting, such as business, psychology , education or nursing . Examples of professional doctoral degrees include a Doctor of Business Administration degree, typically known as a DBA; a Doctor of Education degree, or Ed.D.; and a Doctor of Nursing Practice degree, or DNP.

A law degree, known as a juris doctor or J.D., as well as a Doctor of Medicine degree, or M.D., are also considered professional doctorates.

How to Get a Doctorate

Getting a doctorate is challenging. It ordinarily requires a series of rigorous classes in a field of study and then passage of a qualification exam in order to begin work on a dissertation, which is the final project.

Dissertations are difficult to write, says David Harpool, vice president of graduate and online programs at Newberry College in South Carolina. Some research indicates that only about half of doctoral students go on to finish their degree, and a main reason is that many never finish and successfully defend their dissertation

"Many of them are in programs that permit them to earn a master’s on the way to a doctorate," Harpool, who earned a Ph.D. from Saint Louis University in Missouri and a J.D. from the University of Missouri , wrote in an email. "The transition from mastering a discipline to creating new knowledge (or at least applying new knowledge in a different way), is difficult, even for outstanding students."

Learn about how M.D.-Ph.D. programs

There is a often a "huge shift in culture" at doctoral programs compared to undergraduate or master's level programs, says Angela Warfield, who earned a Ph.D. in English from the University of Iowa.

Doctoral professors and students have more of a collaborative relationship where they function as colleagues, she says. And there's pressure on each student to produce "significant and original research."

Many full-time doctoral students work for the school as researchers or teaching assistants throughout their program, so time management is crucial to avoid burnout. However, the dissertation "is by far the biggest battle," she says. The goal is to avoid an "ABD," she says, meaning "all but dissertation."

"In my writing group, we had two motivational slogans: 'ABD is not a degree,' and 'a good dissertation is a done dissertation,'" Warfield, now the principal consultant and founder of admissions consulting firm Compass Academics, wrote in an email.

How Are Doctorate Admissions Decisions Made?

Admissions standards for doctoral programs vary depending on the type of doctorate, experts say.

The quality of a candidate's research is a distinguishing factor in admissions decisions, Madanat says. Meanwhile, leaders of clinical and professional doctorate programs say that the quality of a prospective student's work experience matters most.

Doctoral programs typically expect students to have a strong undergraduate transcript , excellent letters of recommendation and, in some cases, high scores on the Graduate Record Examination , or GRE, Endlich says.

"The size of the programs may be relatively small, and universities need to be sure that applicants will be able to handle the demands of their programs," he says.

Because professional doctorates often require students to come up with effective solutions to systemic problems, eligibility for these doctorates is often restricted to applicants with extensive first-hand work experience with these problems, according to recipients of professional doctorates.

In contrast, it's common for Ph.D. students to begin their programs immediately after receiving an undergraduate degree. The admissions criteria at Ph.D. programs emphasize undergraduate grades, standardized test scores and research projects , and these programs don't necessarily require work experience.

Admissions decisions may also depend on available funding, says Madanat, who works with doctoral students to provide funding, workshops and faculty support to help their research.

Who Is a Good Fit for a Doctoral Program?

Doctoral degree hopefuls "should be interested in making a deep impact on their field, open-minded, eager to learn, curious, adaptable and self-motivated," Madanat says. "Doctoral programs are best suited for those whose goals are to transform and change the fields they are studying and want to make a difference in the way the world is."

Someone who loves to study a subject in great depth, can work alone or in teams, is highly motivated and wants to develop research skills may be a good candidate for a doctoral program, Endlich says.

Because of the tremendous effort and time investment involved in earning a doctorate, experts say it's foolish to apply to a doctoral program if it's unclear how you might use a doctorate in your career.

"The students are being trained with depth of knowledge in the discipline to prepare them for critical thinking beyond the current state of the field," Madanat says. "Students should consider the reasons that they are pursuing a doctoral degree and whether or not it aligns with their future professional goals, their family circumstances and finances."

Rachel D. Miller, a licensed marriage and family therapist who completed a Ph.D. degree in couples and family therapy at Adler University in Illinois in 2023, says pursuing a doctorate required her to make significant personal sacrifices because she had to take on large student loans and she needed to devote a lot of time and energy to her program. Miller says balancing work, home life and health issues with the demands of a Ph.D. program was difficult.

For some students, the financial component may be hard to overlook, Warfield notes.

"Student debt is no joke, and students pursuing graduate work are likely only compounding undergraduate debt," she says. "They need to really consider the payoff potential of the time and money sacrifice."

To offset costs, some programs are fully funded, waiving tuition and fees and providing an annual stipend. Some offer health insurance and other benefits. Students can also earn money by teaching at the university or through fellowships, but those adding more to their plate should possess strong time management skills, experts say.

"Graduate school, and higher education in general, can be brutal on your physical and mental health," Miller wrote in an email.

But Miller says the time and effort invested in her doctoral program paid off by allowing her to conduct meaningful research into the best way to provide therapy to children affected by high-conflict divorce and domestic violence. She now owns a therapy practice in Chicago.

Miller urges prospective doctoral students to reflect on whether getting a doctorate is necessary for them to achieve their dream job. "Really know yourself. Know your purpose for pursuing it, because that's what's going to help carry you through."

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

Graduate degrees are becoming increasingly popular. 

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

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

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

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

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

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

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

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

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

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

Master’s programs feature three different types of courses:

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

Doctorate programs are broken down into four distinct parts:

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

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

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

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

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

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

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

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

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

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

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

Comparing the Benefits of Master's vs Doctorate Degrees

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

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

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

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

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Doctorate vs. PhD: Understanding the Key Differences [2024]

If you’re interested in pursuing a doctoral degree, you may wonder about the differences between a doctorate vs. PhD.

A doctorate and a PhD are both terminal degrees that allow you to develop specialized knowledge and skills in your chosen field. But these degrees typically have different areas of focus, requirements, and career outcomes.

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Understanding the difference between PhD and doctorate can help you pick the degree that most aligns with your career aspirations and interests.

What’s the Difference Between Doctorate vs. PhD Degrees?

A doctorate and a Ph.D. are the highest college degrees students can earn. Graduates of both types of programs receive the title of “doctor” and may qualify for specialized careers in their fields.

But, while doctorate programs focus on professional competencies and knowledge, PhD programs prioritize academic research.

What Is a Doctorate Degree?

A doctorate degree is a professional degree that enables students to become experts in a specific field or industry. This degree focuses on applying academic research and theories in the workplace to improve performance and solve problems.

Courses vary by field and program but typically emphasize professional skills like collaboration, leadership, and project management. Additionally, many doctorate programs require students to complete a capstone project that addresses real issues affecting their industry.

Graduates often qualify for advanced administrative, leadership, and managerial positions in their fields.

What Is a PhD Degree?

A Doctor of Philosophy (PhD) degree is an opportunity to strengthen your academic research skills and generate original knowledge. This degree trains students to become independent scholars who conduct cutting-edge research in their areas of expertise.

PhD curriculums cover advanced concepts and theories in a discipline. They also teach students qualitative and quantitative methodologies to design studies and conduct research. Additionally, most PhD programs require students to produce a dissertation that contributes fresh knowledge to the field.

Current professionals with PhDs often work as academic researchers and professors. They may also secure government and industry jobs.

Key Differences Between a PhD vs. Doctorate Degree

What’s a PhD degree ? What’s a doctorate degree? The main difference between a doctorate and a PhD is their area of focus. A doctorate prioritizes applied knowledge and professional skills, while a PhD emphasizes academic research. Let’s compare some more differences between a professional doctoral degree vs. PhD.

A doctorate enables students to become expert practitioners in their discipline. Students study existing concepts and theories and learn how to apply these ideas in the workplace.

By contrast, a PhD prepares students to conduct innovative research and educate others.

Goals and Outcomes

Doctorate programs help prepare students for senior administrative and leadership positions in their industries. They also help students enhance their professional competencies and tackle industry-specific challenges.

Students who pursue PhDs aim to advance their disciplines by generating new knowledge. They may also publish peer-reviewed research and teach undergraduate courses.

Student Population

Doctorate degrees are designed for current or aspiring working professionals who want to become industry leaders. These programs also enable students to increase their knowledge and credibility.

PhD programs attract students who want to expand their knowledge of research methodologies and theories. These learners also frequently pursue academic careers.

Admissions Requirements

Doctorate and PhD programs typically require students to have bachelor’s and master’s degrees.

Additionally, prospective doctorate students may be asked to provide evidence of work experience, while PhD students might demonstrate their research abilities with a writing sample.

Program Length

Requirements vary by program, but full-time students typically complete a doctorate in 3 to 5 years. Programs that require a capstone project may take longer. For those considering quick degrees, a number of universities now offer accelerated doctoral programs online .

PhD programs often take 4 to 7 years to finish. The speed at which students research and write their dissertations can significantly impact the timeline.

The curriculum for doctorate programs typically centers on practical skills and contemporary issues in the field. Topics may include communication, ethics, and leadership.

PhD programs offer classes on research methods, theories, and disciplinary trends. Students also learn how to write journal articles and present at conferences.

Assessment and Completion Requirements

Doctorate and PhD students both complete 2 or more years of coursework. They also demonstrate their knowledge during comprehensive exams.

Doctorate students may produce a capstone project that applies their knowledge to real problems. By contrast, PhD students write dissertations based on original research.

If You Have a PhD, Are You a Doctor?

Is a PhD a doctor ? While graduates who earn a PhD are referred to as doctors, a PhD is different from a Doctor of Medicine (MD).

Doctors with MDs are medical doctors who can legally prescribe medications, perform surgery, and treat patients. They typically apply existing medical knowledge instead of conducting research. Doctors with PhDs don’t have any of these abilities. Instead, they have specialized knowledge and perform academic research in a particular field.

PhD or Doctorate Degree – Which Is Right for You?

Understanding the difference between a doctorate and a PhD can help you select the right degree for you.

Professional doctorate degrees help students become leading practitioners and problem solvers. By contrast, PhD degrees enable students to hone their research skills and learn advanced concepts. Both degrees allow you to enrich your understanding of your chosen discipline or profession. They also help you boost your credentials and develop new skills.

After you decide between a doctorate degree vs. PhD, you can explore program options from accredited schools to find the best fit.

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

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

Introduction

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

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

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

Second Master’s vs PhD

Level of specialisation, master’s.

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

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

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

Programme Duration

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

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

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

Programme Cost

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

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

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

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

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

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

Employability

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

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

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

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

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

Advantages and Disadvantages of a Second Master’s

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

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

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

Disadvantages

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

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

Advantages and Disadvantages of a PhD

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

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

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

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

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

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

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

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

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Masters vs. Doctorate in Clinical Psychology

Know the facts when deciding between a master's or doctorate in clinical psych..

Posted June 13, 2016 | Reviewed by Ekua Hagan

In choosing a career related to clinical psychology, there are a lot of decisions that must be made. In a previous post we discussed the Ph.D.-PsyD decision. Today, we want to explore another tough decision: Master's (e.g., MA/MS in Psychology, Marriage , and Family (Counseling) Therapy , Mental Health Counseling or MSW) versus Doctorate (Ph.D. or PsyD).

Let’s start with some basic characteristics of each type of degree. First, a Master of Psychology can be in clinical (best suited for those with an interest in psychopathological populations and behavioral health), counseling (best for those interested in vocational and career processes, human diversity, and professional training) or educational (provide counseling services to students, including those with a learning disability or those with behavioral or social problems).

Second, a Master's of Social Work (MSW) degree can be in a clinical direct practice track, or a macro-practice track (i.e., focus on political advocacy, community organizing, policy analysis and/or human services management ).

Third, a PsyD is a Doctor of Psychology degree that is best suited for those with an interest in psychopathological populations and behavioral health, and places greater emphasis on the practice of psychology and less emphasis on research. Finally, a Ph.D. (a Doctor of Philosophy degree) can be obtained in the same domains as a Master’s degree, and puts greater emphasis on research than a PsyD.

The time frame for completing each of these graduate degrees is MSW: 2 years, MA: 2 years, PsyD: 4-6 years, and Ph.D.: 5-7 years. During these years of study, it is important to note that (in general) only Ph.D. students will receive support (tuition paid and a stipend) during their years in graduate school.

Of course, there are funding exceptions, especially in cases where a university only has a Master’s program. In addition, scholarships are sometimes available to MSW, MA and PsyD students, but this is generally rare. Support during graduate school might be very important for you, because you can rack up literally tens of thousands of dollars each year in financial assistance, and the amount of money you will earn with your graduate degree may not be as high as you imagined.

Master’s and PsyD programs, in general, are unable to provide the same type of support as a Ph.D. program. Part of this is tied to the fact that typically only Ph.D. students serve as Teaching Assistants or Research Assistants. Also, because Ph.D. programs have far fewer graduate students than PsyD programs, schools are able to afford to support their Ph.D. students.

As far as deciding to go Master or Doctorate degree, there are several issues to keep in mind. First, the general state of affairs for graduate school acceptance is that there is a hierarchy, with Master's programs being easier to get into than PsyD programs and Ph.D programs being the hardest to get into. For the sake of this post, ease of being accepted is defined in terms of grades and GRE scores, although other factors (e.g., clinical and research experience) do come into play. Of course, there are exceptions to this hierarchy, and you may decide to seek a degree at a for-profit school where grades and GRE score are not deemed as important as a non-profit public or private institution.

Our point is simply that your decision about going for a Master’s or Doctorate degree in a graduate program may be a function of what type of program your grades can get you into. We are not saying this is fair, but we hope you understand that schools need some way to pare down the number of students they will accept, with grades and (especially) GRE scores are seen as two important criteria to make these decisions.

We want to add one more point about all of this. It may be the case that your undergraduate academic record is not strong enough to get into a Doctoral program, but you can get accepted into a Master’s program and you do very well in this program. This can work to your advantage if you still want a Doctorate. The thinking here is that if you do well in the Master’s program, you show a Doctoral program that your undergraduate academic record was not indicative of your true potential. However, your stellar record in your Master’s program can show you have what it takes to continue your education in a Doctoral program.

The second issue to think about is the length of time you will be in graduate school. As stated above, the time in graduate school is shorter for a Master’s student than a Ph.D. student. Of course, this means a typical Master’s student can be earning a real salary a few years before a Ph.D. student. Although this is true, one must keep in mind (1) a Master’s degree leads (on average) to a lower salary than a PhD, and (2) a Master’s student will typically have some debt incurred during their two years in school. Let me add that to find out tuition costs for any APA-accredited graduate program, go to their website and look for the link that says “Student Admissions, Outcomes and Other Data.” I think you will be very surprised to see the tuition costs at graduate programs—they’re pretty high. As stated earlier, a Ph.D. student will typically not have any tuition debt hanging over their head. Thus the extra salary for a Master’s student in the time they are out of graduate school working compared to the stipend of a Ph.D. student will probably be offset by the debt the Master’s student must repay.

Third, whether you go for a Master’s or Doctoral degree, you need to consider issues of accreditation of your graduate program and (for Doctoral degrees) your clinical internship. The reason for this is that graduating from an accredited program will offer a greater range of job opportunities. In fact, some employers will only hire those from accredited graduate programs (e.g., the Veterans Administration). If a school does not indicate that it is accredited (e.g., from the American Psychological Association) it should be viewed with caution. With all of this in mind, you should know that to be licensed (certified to practice by a state) in your chosen field it is often the case that you need an accredited graduate degree or internship. Also, note that licensure requires supervised professional experience, an examination at both the state and national levels. Specific courses may be required if a state deems it necessary.

Fourth, as discussed earlier, you must be clear about the issue of job opportunities and salary. In general, it is the case that Master’s degrees lead to fewer job opportunities and lower salaries than Doctoral degrees. One could argue that this is a function of the amount of training--employers are looking for potential employees who have more experience and supervised training. Some might argue that in this regard, a Doctoral student has a stronger foundation of training than a Master's student.

Fifth, you need to decide how much research training versus clinical practice training you want. If you are hoping for the former, then a Ph.D. is definitely for you. A Master’s in Psychology degree may include some research experience. An MSW and a PsyD will likely offer the least research training. One must keep in mind, however, that regardless of the clinical degree you pursue, there will always be some discussion of research, since the basis of diagnoses, testing, therapeutic techniques, etc. is based on research. The key point here is that certain clinical degrees do not require you to be actually conducting research.

Finally, give some thought to how much independence you want to have when you graduate. This all revolves around the issue of licensure that was raised earlier, and it gets very complicated because every state has its own laws regarding licensure for psychology-related degrees. Make sure you understand the laws for the state where you will practice. Of course, you might not know where you will end up, but you must be aware that the state where you end up living may have very different laws than what you expected or from where you originally were working. An important point to keep in mind about licensure is that once you are licensed, if you decide to go into private practice, your fee schedule is typically market-driven.

With all of this in mind, licensure issues require you to consider the following (also check out this info from the APA ):

You need to see what are the licenses your state approves. For a PsyD and PhD, this is not a problem, because all states will have a license for a Psychologist. The issue gets tricky when you have a Master's degree, because states tend to have different types of licensure for these individuals.

• If your state does not have a license that meets your background, what requirements are needed to get a license in a different area? For example, your Master’s degree may not allow you to be licensed as a Psychologist, but after meeting additional requirements you might get licensed as a Licensed Clinical Counselor.
• You need to be clear which licenses require you to be supervised (by a colleague with a certain license) and which allow for autonomous functioning (i.e., functioning on your own). Keep in mind that an employer typically likes an employee to be autonomous—they do not like paying for two hours of supervision (your time and that of your supervisor).
• When you apply for a license that will eventually allow autonomous functioning, what are the requirements to ultimately receive this license (e.g., supervision hours, direct service hours) that you must fulfill?

In presenting these important factors to think about with regard to a Master's vs. Doctoral degree], we, of course, understand that each individual has unique circumstances that must be taken into account. Still, we hope that presenting these factors gives you some food for thought as you consider your ultimate career path in clinical psychology.

Please note that the comments of Dr. Golding, Dr. Lippert and the others who post on this blog express their own opinion and not that of the University of Kentucky.

Want more? Check out our website for more psychology-related career information.

Jonathan Golding, Ph.D. , is a professor of psychology at the University of Kentucky. Anne Lippert, Ph.D. , is a post-doctoral fellow at the University of Kentucky.

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Is Hunter x Hunter Nen x Impact a Team Fighter

• Author: Olivia Richman

On January 6, 2024, Bushiroad announced the Hunter x Hunter fighting game with a teaser trailer. While short, the teaser did offer a little more insight into what we can expect when the game drops.

Who Is in Hunter x Hunter Nen x Impact?

Hunter x Hunter Nen x Impact

In the trailer, we saw the most popular characters from Hunter x Hunter, a popular manga series turned into one of the biggest anime in the world. These are the characters in the trailer:

Expect more popular Hunter x Hunter characters to be revealed as time goes on.

What is the Hunter x Hunter Nen x Impact Gameplay?

There is unfortunately not a lot of actual gameplay in the trailer but we did get a glimpse of something quite telling. Gon and Killua go to have a duel but Killua says the 1v1 is “boring” and suggests a team battle.

Then, at the start of a battle, two teams of three characters stand eye-to-eye in an intense showdown. This points to the game being a team battle format with three characters to a team.

This isn’t all too shocking since the game is made by the same developers behind Marvel vs. Capcom 3, which features teams of three as well. It’s still unclear, however, how the characters will work together. They will most likely come out one at a time but have some interactive elements.

Stay tuned for more information on Hunter x Hunter Nen x Impact’s gameplay, characters, and release date on Esports Illustrated. 

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RIT graduate pursues Ph.D. across time zones

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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