Can you afford it? The cost of post graduate degree varies depending on the subject you want to study and it also varies from institution to institution.
There are a number of different ways to secure your funding. The majority of students self-fund their education and take out a Professional Career Development Loan from the bank. However, this is not the only option; you may also be able to acquire the necessary funding from independent organizations or potential employers for certain courses.
The right academic grades are essential if you wish to pursue a further course of academic study. Although some institutions will be flexible about this (depending upon your work experience), most PGDip and MA/MSc courses for example, require potential students to have acquired a 2:1 honours degree. In a similar sense, if in future you decide to go for a PhD course, you will be expected to have successfully completed a Master’s degree.
Therefore, you should always closely examine the academic requirements for any course at any level, and check that your experience meets these criteria.
The Right Work Experience
Some postgraduate courses will expect students to demonstrate a certain amount of work experience before submitting their application for consideration. This is particularly the case for more practical courses such as Journalism and Business and Law. Although a strong academic record is vital, such courses will occasionally favor work experience over grades. If you are doing a course that is more vocational in nature make sure you have gained some voluntary intern experience to demonstrate your suitability and passion for the course subject.
Part-Time or Full-Time
Many Universities allow students the option to study full-time or part-time. The fees the University charges for a part-time course will be higher than the cost of a part-time course, although this doesn’t necessarily mean that the overall cost to the student is lower. Part-time courses allow students to work while studying. This means that self-funding students can take out a smaller career development loan and the amount of interest re-paid to the banks will be lower.
Its Impact on Your Career
It’s worth thinking carefully about whether the postgrad degree you want to take is an investment in a career sense.). Your postgraduate qualification will open doors to further study and specialist job roles far more than your undergraduate degree, (because the first-degree graduate job market is intensely competitive). Hence, your post graduate degree has got to be worth it in the long run.
So when it comes to deciding whether to do a postgraduate course, consider all the factors that might impact on you personally and try to add up your plans for the future.