Pursuing a graduate degree may open doors to higher level positions, prepare you for leadership roles, or provide licensure requirements within medical and professional careers. A graduate degree could provide an avenue toward a career pivot as well. The networking and professional development opportunities within graduate programs have potential to advance your career and at Elon you have a lifelong connection to the incredible alumni network beyond graduation.
Graduate programs provide ample opportunities to develop specialized skills and experience. Many graduate programs offer graduate assistantships, internship requirements or practical skills applications such as clinicals in the medical field. Employers seek individuals with experience. A theory to practice educational model is an integral part of the Elon education that enables graduate students to apply classroom theory to their intended career industry.
According to data from the U.S. Bureau of Labor Statistics (BLS) from 2022, individuals with a master’s degree earned a median weekly salary of $1,586, compared to $1,334 for those with a bachelor’s degree. This translates to an annual salary difference of approximately $13,224. Additionally, the unemployment rate for individuals with a master’s degree was 2.4%, compared to 3.4% for those with a bachelor’s degree.
