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• Master’s vs PhD | A Complete Guide to the Differences

Master's vs PhD | A Complete Guide to the Differences

Published on November 27, 2020 by Lauren Thomas . Revised on June 1, 2023.

The two most common types of graduate degrees are master’s and doctoral degrees:

• A master’s is a 1–2 year degree that can prepare you for a multitude of careers.
• A PhD, or doctoral degree, takes 3–7 years to complete (depending on the country) and prepares you for a career in academic research.

A master’s is also the necessary first step to a PhD. In the US, the master’s is built into PhD programs, while in most other countries, a separate master’s degree is required before applying for PhDs.

Master’s are far more common than PhDs. In the US, 24 million people have master’s or professional degrees, whereas only 4.5 million have doctorates.

Table of contents

Master’s vs phd at a glance, which is right for you, length of time required, career prospects, costs and salaries, application process, other interesting articles, frequently asked questions about master's and phd degrees.

The table below shows the key differences between the two.

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A PhD is right for you if:

• Your goal is to become a professor at a university or some other type of professional researcher.
• You love research and are passionate about discovering the answer to a particular question.
• You are willing to spend years pursuing your research even if you have to put up with a lot of dead ends and roadblocks.

A master’s degree is the better choice if any of the following apply:

• You want to continue studies in your field, but you’re not committed to a career as a professional researcher.
• You want to develop professional skills for a specific career.
• You are willing to pay a higher upfront cost if it means finishing with your degree (and thus being able to work) much faster.
• You want the option to study part-time while working.

The length of time required to complete a PhD or master’s degree varies. Unsurprisingly, PhDs take much longer, usually between 3–7 years. Master’s degrees are usually only 1–2 years.

Length of a master’s

Master’s degrees are usually 2 years, although 1-year master’s degrees also exist, mainly in the UK.

Most of the degree consists of classes and coursework, although many master’s programs include an intensive, semester-long master’s thesis or capstone project in which students bring together all they’ve learned to produce an original piece of work.

Length of a PhD

In the US, a PhD usually takes between 5 and 7 years to complete. The first 2 years are spent on coursework. Students, even those who choose to leave without finishing the program, usually receive a master’s degree at this point.

The next 3–5 years are spent preparing a dissertation —a lengthy piece of writing based on independent research, which aims to make a significant original contribution to one’s field.

Master’s degrees tend to prepare you for a career outside of academia, while PhDs are designed to lead to a career in research.

Careers for master’s graduates

There are two types of master’s degrees: terminal and research-intensive. The career prospects are different for each.

Terminal master’s degrees are intended to prepare students for careers outside of academia. Some degrees, known as professional degrees, specifically prepare students for particular professions; these include the Master of Public Policy (MPP), Master of Business Administration (MBA), Doctor of Physical Therapy (DPT), Master of Fine Arts (MFA), and Master of Public Health (MPH) degrees.

Other master’s degrees, usually Master of Arts (MA) or Master of Sciences (MS or MSc) degrees, do not necessarily lead to a specific career, but are intended to be a final degree. Examples include an MS in Communications or MS in Data Analytics.

In research-intensive master’s programs, students take coursework intended to prepare them for writing an original piece of research known as the master’s thesis . Such programs are usually intended to prepare for further study in a doctoral program.

Careers for PhD graduates

As research degrees, PhDs are usually intended to lead to an academic career. A PhD can be thought of like an apprenticeship, where students learn from professional researchers (academics) how to produce their own research.

Most students aspire to become a university professor upon the completion of their degree. However, careers in academia are highly competitive, and the skills learned in a doctoral program often lend themselves well to other types of careers.

Some graduates who find they prefer teaching to producing research go on to be teachers at liberal arts colleges or even secondary schools. Others work in research-intensive careers in the government, private sector, or at think tanks.

Below are a few examples of specific fields and non-academic careers that are common destinations of graduates of those fields.

• Computer Science
• Lab Sciences

Many government jobs, including economists at a country’s central bank, are research-intensive and require a PhD. Think tanks also hire economists to carry out independent research.

In the private sector, economic consulting and technology firms frequently hire PhDs to solve real-world problems that require complex mathematical modeling.

Graduate students from the humanities are sometimes hired by museums, who can make use of their research and writing skills to curate exhibits and run public outreach.

Humanities PhDs are often well-suited to research and grant-writing roles at nonprofits. Since so much of research is funded by grants, PhD students often gain a lot of experience applying for them, which is a useful skill in the nonprofit sector.

There are a wide range of non-academic research jobs for lab scientists with doctorates in subjects like chemistry, biology, ecology and physics.

Many PhD graduates are hired by pharmaceutical companies that need to perform research to create and test their products. Government agencies, such as the Environmental Protection Agency (EPA), also hire lab scientists to work on research projects.

Job prospects after graduation vary widely based on the field. In fields like management, computer science, statistics, and economics, there’s little underemployment—even graduates from less well-known programs can easily find jobs that pay well and use the skills they’ve gained from the PhD.

However, in other fields, particularly in the humanities, many PhD graduates have difficulty in the job market. Unfortunately, there are far more PhD graduates than assistant professor roles, so many instead take on part-time and low-paid roles as adjunct instructors. Even non-academic careers can sometimes be difficult for PhDs to move into, as they may be seen as “overqualified”  or as lacking in relevant professional experience.

Because career options post-PhD vary so much, you should take the time to figure out what the career prospects are in your field. Doctoral programs often have detailed “placement” records online in which they list the career outcomes of their graduates immediately upon leaving the program. If you can’t find these records, contact the program and ask for them—placement information should play an important role in your choice of PhD program.

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Although PhDs take far longer to complete, students often receive a living stipend in exchange for being a teaching or research assistant. Master’s degrees are shorter but less likely to be funded.

Both master’s degrees and PhDs lead to increased salaries upon graduation. While PhDs usually earn a bit more than those with a master’s degree, in some fields, the wages are identical, meaning that no financial benefit is gained from going on to a PhD.

Cost of a master’s

The upfront cost of a master’s degree is usually higher than a doctoral degree due to the lower amount of financial aid available. However, increased salaries also arrive faster than with a doctoral degree, because people graduate much earlier from a master’s program.

Some master’s students do receive stipends for their degrees, usually as compensation for being a teaching or research assistant. In addition, many people complete master’s degrees part time while working full-time, which allows them to fund their living costs as well as tuition.

The cost varies significantly by school and program. Public schools are usually cheaper than private ones. Some master’s degrees, such as MBAs, are notoriously expensive, but also result in much higher wages afterwards that make up for the high cost.

The master’s wage premium , or the extra amount that someone with a master’s degree makes than someone with just a high school diploma, is 23% on average. Many universities provide detailed statistics on the career and salary outcomes of their students. If they do not have this online, you should feel free to contact an administrator of the program and ask.

Cost of a PhD

PhDs, particularly outside the humanities, are usually (though not always) funded, meaning that tuition fees are fully waived and students receive a small living stipend. During the last 3–5 years of a PhD, after finishing their coursework (and sometimes before), students are usually expected to work as graduate instructors or research assistants in exchange for the stipend.

Sometimes students can apply for a fellowship (such as the National Science Foundation Graduate Research Program in the United States) that relieves them of any obligations to be a teaching or research assistant. Doctoral programs in the US tend to be better funded than in the rest of the world.

Sometimes, PhD degrees can be completed part-time, but this is rare. Students are usually expected to devote at least 40 hours a week to their research and work as teaching or research assistants.

The main cost of doctoral programs comes in the form of opportunity cost—all the years that students could be working a regular, full-time job, which usually pays much better than a graduate school stipend.

The average wage premium for PhDs is 26%, which is not much higher than the master’s degree premium.

In the US, the application process is similar for master’s and PhD programs. Both will generally ask for:

• At least one application essay, often called a personal statement or statement of purpose .
• Letters of recommendation .
• A resume or CV .
• Transcripts.
• Writing samples.

Applications for both types of programs also often require a standardized test. PhDs usually require the Graduate Record Examination (GRE), which tries to measure verbal reasoning, quantitative, critical thinking , and analytical writing skills. Many master’s programs require this test as well.

Applying for a master’s

Master’s degrees programs will often ask you to respond to specific essay prompts that may ask you to reflect upon not just your academic background, but also your personal character and future career ambitions.

Northwestern University’s Kellogg Business School requires Master’s of Business Administration (MBA) applicants write two essays, one about a recent time they demonstrated leadership and the second about their personal values.

Who you should ask for your letters of recommendation varies by program. If you are applying to a research-intensive master’s program, then you should choose former professors or research supervisors. For other programs, particularly business school, current work supervisors may be a better choice.

Some professional master’s programs require a specific test. For example, to apply to law school, you must take the Law School Admissions Test, or LSAT. For business school, you must take either the GRE or the Graduate Management Admissions Test (GMAT).

Applying for a PhD

When applying for a PhD, your resume should focus more on your research background—you should especially emphasize any publications you’ve authored or presentations that you’ve given.

Similarly, your statement of purpose should discuss research that you’ve participated in, whether as an assistant or the lead author. You should detail what exactly you did in projects you’ve contributed to, whether that’s conducting a literature review, coding regressions, or writing an entire article.

Your letters of recommendations should be from former professors or supervisors who can speak to your abilities and potential as a researcher. A good rule of thumb is to avoid asking for recommendations from anyone who does not themselves have a PhD.

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A master’s is a 1- or 2-year graduate degree that can prepare you for a variety of careers.

All master’s involve graduate-level coursework. Some are research-intensive and intend to prepare students for further study in a PhD; these usually require their students to write a master’s thesis . Others focus on professional training for a specific career.

A PhD, which is short for philosophiae doctor (doctor of philosophy in Latin), is the highest university degree that can be obtained. In a PhD, students spend 3–5 years writing a dissertation , which aims to make a significant, original contribution to current knowledge.

A PhD is intended to prepare students for a career as a researcher, whether that be in academia, the public sector, or the private sector.

This depends on the country. In the United States, you can generally go directly to a PhD  with only a bachelor’s degree, as a master’s program is included as part of the doctoral program.

Elsewhere, you generally need to graduate from a research-intensive master’s degree before continuing to the PhD.

This varies by country. In the United States, PhDs usually take between 5–7 years: 2 years of coursework followed by 3–5 years of independent research work to produce a dissertation.

In the rest of the world, students normally have a master’s degree before beginning the PhD, so they proceed directly to the research stage and complete a PhD in 3–5 years.

A master’s degree usually has a higher upfront cost, but it also allows you to start earning a higher salary more quickly. The exact cost depends on the country and the school: private universities usually cost more than public ones, and European degrees usually cost less than North American ones. There are limited possibilities for financial aid.

PhDs often waive tuition fees and offer a living stipend in exchange for a teaching or research assistantship. However, they take many years to complete, during which time you earn very little.

In the US, the graduate school application process is similar whether you’re applying for a master’s or a PhD . Both require letters of recommendation , a statement of purpose or personal statement , a resume or CV , and transcripts. Programs in the US and Canada usually also require a certain type of standardized test—often the GRE.

Outside the US, PhD programs usually also require applicants to write a research proposal , because students are expected to begin dissertation research in the first year of their PhD.

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What Is the Difference Between a Master's, Bachelor's, Doctorate & Degree Completion?

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The higher education system can be confusing, even for students currently enrolled. Sometimes it seems like a special language was created just for colleges and universities. Learning what each degree option means is a first step in planning your educational future.

Bachelor’s Degree

The most common degree completed in college is the bachelor’s degree. Students entering college usually spend four to five years working on a specific field of study. Most bachelor’s degrees require 120 credit hours. Upon successful completion of all courses and requirements, students will earn an undergraduate or bachelor’s degree. The most common bachelor’s degrees are the B.A. or Bachelor of Arts, the B.F.A. or bachelor of fine arts and the B.S. or Bachelor of Science. A bachelor’s degree is required to pursue a master’s degree.

Degree Completion

Sometimes students have to drop out of college for personal reasons. To assist students who would like to return to finish their undergraduate degree, a special program called degree completion was created. The degree completion program is crafted to accommodate a student who is working or cannot attend full time. Some programs are offered online or are a hybrid of online and on-campus classes. Students who wish to transfer from a community college can apply their earned credits toward a degree completion program.

Master’s Degree

Once you have completed your undergraduate degree, you may be interested in pursuing an advanced degree or a master’s degree. A master’s degree is also referred to as a graduate degree. Pursuing a master’s degree is a way to specialize in a particular area of study and usually requires one or two additional years of school. The most prevalent degree titles include the M.A. or Master of Arts, M.B.A. or Master of Business Administration and M.S. or Master of Science. In 2009, the U.S. Census Bureau reported that 15 percent of the U.S. population holds an advanced degree, including a masters, doctorate, law or medical diplomas.

Doctoral Degree

A doctoral degree is also knows as a terminal degree because it is the highest level of education that can be attained. The two types of doctorates awarded are the Doctor of Philosophy or Ph.D. and the Doctor of Education or Ed.D. The Ph.D. is designed for students interested in conducting research and teaching at a college level. Students with this degree often work in higher education or other scholarly fields. Students who are interested in serving as leaders in their fields or as expert practitioners typically pursue an Ed.D. Students pursuing a doctoral degree will usually be expected to spend a minimum of three years as a full-time student.

• Bachelors Degree: Bachelors Degree

Dr. Kelly S. Meier is a professor and college administrator for a large public institution in Minnesota. She received her undergraduate degree from Western Illinois University and her master's degree and doctorate from Minnesota State University, Mankato. She has published more than 15 books on education, group development and diversity.

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

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

Master’s degree

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

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

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

Specialized master’s degrees

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

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

Ph.D. (Doctor of Philosophy)

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

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

Specialized doctorate programs

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

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

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

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

Making your choice

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

• Masters vs PhD – Differences Explained
• Types of Doctorates

The decision of whether or not to pursue a Masters or PhD (or both) after you complete your undergraduate studies is not necessarily a straightforward one. Both are postgraduate degrees but are different in terms of the academic experience and the career paths taken afterwards.

In short, a Masters degree involves a year of study, primarily through taught lectures and a final dissertation research project, whilst a PhD (also referred to as a doctorate degree) is a three-year commitment of independent research on a specific subject.

There’s more to it than that, however – read on for more information.

What Is a Masters Degree?

A Masters degree is the next level of education after the completion of an undergraduate degree, commonly known as a Bachelors.

These degree levels are often referred to in terms of cycles so that a Bachelor’s is a first-cycle degree, a Masters is a second-cycle and finally, a PhD is the third-cycle of higher education (and the highest).

Masters degrees demand an intense period of study, usually centred around a core series of lectures and taught modules, coupled with coursework assignments and exams, followed by the completion of a contained research project usually taking students 3-4 months to complete.

These types of degrees are attractive to recent graduates who want to delve deeper into their specific field of study, gaining some research experience and more specialised knowledge beyond what an undergraduate degree can offer.

Equally, some pursue a Masters degree program in a subject that is only tangentially related to their Bachelors degree, helping them gain a broader depth of knowledge.

These degrees also serve as a significant stepping stone for those already in employment who want to progress their current career development and earn a higher salary. They can also be an excellent method for helping in changing careers completely by learning new skills and subject knowledge.

What Is a PhD Degree?

A Doctor of Philosophy (PhD) is the highest academic degree that can be awarded and is the third and final cycle in the progression of higher education.

A doctoral degree is earned on the basis of producing a significant, independent and novel body of work (a Thesis) that contributes new knowledge to a particular research topic.

These are research degrees that are a significant investment of a candidate’s time, resources and energy and are all but a pre-requisite for anyone considering a career in academia, such as eventually becoming a professor.

There are some exceptions to this, such as those with a medical background who may earn an MD (Doctor of Medicine), which is the equivalent of a PhD.

Doctoral degrees can also have a significant positive impact on career development outside of academia, especially in fields such as engineering, business and finance that have a high demand for highly qualified and capable people.

A graduate student engaged in PhD study is commonly known as a PhD student, PhD candidate or doctoral student.

What are the Benefits of a Masters Degree?

There are several reasons one might consider doing a Masters degree rather than a PhD in their graduate education. These include:

• It takes approximately a third of the time to do compared to a doctorate degree and costs less too.
• It’s a good way to differentiate yourself from those that hold only an undergraduate degree without having to commit to a substantial research degree.
• The end goal is more career-focused as opposed to research-focused. For example, it is practically an ‘easier’ route to changing or progressing your career if that aligns with your professional goals.

What are the Benefits of Doing a PhD?

You may continue on into a doctoral program after a Masters or you may even dive straight in after completing your undergraduate studies. So, what are the advantages of completing this third-cycle?

• You’ll have developed a wealth of transferable skills at graduate school, such as effective communication of complex concepts, multi-tasking time-management and the ability to adapt to and solve unexpected problems.
• A doctorate helps to establish you as an expert within your chosen subject area; your work will hopefully have furthered the knowledge in this.
• It will open up career paths and teaching positions within academia that may otherwise be very difficult to get a hold in (although these career paths will still be very competitive).
• You can add the title ‘Dr’ in front of your name!

Which Degree Is More Impactful: A Masters or a PhD?

On paper, the answer should be clear: A doctorate degree is the highest degree you can earn, so has more impact than a Masters, which in turn has more impact than a Bachelors.

The reality is that the size of the impact (if any) really depends on the subject area and the career path you choose (if the measure of impact is how it positively improves your career prospects, that is).

For someone with aspirations of becoming a professor, a PhD will be of greater value than a Masters alone.

Equally, it’s also possible that someone with a PhD entering a different field or one that doesn’t require a PhD may find that their degree has no bearing on their career or in some cases may even be seen as a ‘negative’ with a concern of the person being ‘over-qualified’ for a position. There are many scenarios in which professional experience would be more valuable to an employer than a doctorate degree.

Check out the links below to our interviews with Prof. Debby Cotton and Dr Nikolay Nikolov to read their experiences of when a going through a PhD program has had a clear benefit (Prof. Cotton) and when it hasn’t been helpful (Dr Nikolov).

Do You Need to Have a Masters to do a PhD?

This really depends on the university, department and sometimes even the project and supervisor.

From a purely application process perspective, some institutions may formally require you to hold a Masters degree relevant to the subject of the PhD project before you can enter their doctoral program.

In another scenario, most universities are unlikely to accept candidates that were awarded below a 2:1 (in the UK) in their undergraduate degree but may consider someone who has ‘made up’ for this with a high-grade Masters.

Lastly, some universities now offer PhD programmes that incorporate an additional year of study in which you would complete a Masters degree before carrying directly on into a PhD project. As you’d expect, even if a university doesn’t formally require you to hold one, a Masters degree can help separate you from other applicants in being accepted on the project.

Check out our detailed guide to doing a PhD without a Master’s .

Why Do a Masters before Your PhD?

Even if you don’t need to have one, it could still be beneficial to begin your postgraduate study by doing a Masters first before you embark on your doctorate journey.

As mentioned previously it’ll help you stand out from applicants that don’t have one, but beyond that, it’ll give you a taster of what research life could be like, especially if you stay at the same university and department for your PhD.

The one-year commitment (in the UK at least) of carrying out a Masters first, and in particular your research project, will help you better understand if this is truly something you want to commit the next three or more years to.

You’ll learn some of the skills of independent research, from performing detailed literature searches to more complex, analytical writing.

At the end of it, you should be in a stronger position to consider your options and decide about whether to continue into a PhD at graduate school.

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

How Long Does It Take to Get a Masters Degree?

In the UK, a full-time Masters degrees take students one calendar year to complete: The programme of study usually starts in September, the final research project the following April and final project viva around August. Part-time degrees are usually double the time.

How Long Does It Take to Get a PhD?

In the UK, most PhD projects take 3-4 years to complete , as reflected by the majority of funded projects offering stipends to cover living expenses of about 3.5 years.

For many reasons, projects may end up taking longer to complete, however. This might be because of difficulties in collecting enough data, or if the project is being done part-time.

Which One is More Expensive to Do?

As you’d expect, as a PhD takes three times as long to complete as a Masters degree, it will cost you more to do as far as university fees are concerned.

Another thing to consider is that many PhD projects come with some level of funding equivalent to a low salary, which may cover the cost of tuition fees and living expenses, whilst it is usually more difficult to obtain funding for Masters study.

Conversely, a Masters graduate may progress into a higher (versus PhD funding) salary sooner whilst a PhD student will endure three years of a comparatively low income.

A Masters vs a PhD: Conclusion

If you’re considering continue further graduate study after your undergraduate degree, the question of doing a Masters vs a PhD is likely to come up. They are both considered an advanced degree, each with their own advantages.

There are benefits to doing either of these graduate programs or even both of them; your decision here can be easier if you have an idea of the career you want to follow or if you know you have a love for research!

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Bachelors vs Masters vs PhD – Explained in Pictures

Ever wondered what is the difference between Bachelors vs Masters vs PhD?

This the the Best damn good explanation of What is PhD and while explaining that, you will know the difference in Bachelors vs Masters vs PhD. I have I have come across.

Bachelors vs Masters vs PhD

With a bachelor’s degree, you gain a specialty:

A master’s degree deepens that specialty:

Reading research papers takes you to the edge of human knowledge:

Once you’re at the boundary, you focus:

You push at the boundary for a few years:

Until one day, the boundary gives way:

Of course, the world looks different to you now:

So, don’t forget the bigger picture:

Now you know “ What is PhD ” and understood the major difference between Bachelors vs Masters vs PhD.

Are you ready to push the boundaries of human knowledge?

You might be undecided about studying PhD. Maybe this article inspired you to push the knowledge boundary.

If not read the following 2 articles.

• 5 Years, 20 Countries and 25 Universities to get into PhD
• Internship at Large Hadron Collider, PhD and Researcher in US Army

Next, you have to understand timeline and steps to get a PhD degree .

Remember – You need passion and time commitment to do PhD. Don’t apply for PhD because you can earn more money.

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40 Comments

Well put and easy to understand and above all challenging.

The teaching of linear thinking as we have seen for centuries focusing in on one item of interest while many topics of research are related. In order for a person to find solutions to problems understanding matrices of related subjects leads to many doors of possibilities to finding solutions instead of satisfying a theory. Great diagram. While you see a circle, we should be visualising a globe. Life is not flat! Thinking should not be shallow nor linear.

When one takes a phd one wants to laser focus that research topic.

I’m just a 12 year old ensuring my future by knowing all of these stuff before I need to know it

I m pursuing 2 yr MBBS and i want to know whether to focus on csir ugc net for doing PhD or ms or MD which one has a good payscale

hiii every one i completed my btech in 2011 with 59.09% for these completing i spend 6 years 5months to complete it … … After that i started Mtech with in 2 years i have completed and i have a 3. 4 years of experience as a developer ….. now i want to do job in USA what was salary i can get for this profile …….. OR i need to study MS

Do you have the talent with the Node.js and the Mongo DB? Is you have proven track record of doing needful? Do you have doctorate?

Very good example, made me think better of where I need to be.

This is brilliant! To its creators and the admins of this website…thank you! 🙂

remember, even PhD, its look like an acne from a knowledge face

Sorry. I would have to disagree. I only have my masters. But I have encountered so many doctorate individuals who know far less than me. Sorry to disappoint you and contradict your article.

I think the big differnce, is that with masters you’ll only know more and more about more topics but not further than the human knowledge at the time. A PHD will mark you as someone that introduced something new to human knowledge that didn’t exist before, and that doesn’t imply the person knowing more or less, but that they pushed those boundaries.

does buisness schools accept GRE scores?what if i give GRE and then apply in the universities?any possibility?

Yes! Business schools do accept GRE scores. Here is the current list of business schools accepting official GRE scores for MBA admissions. Have a look. http://www.ets.org/gre/revised_general/about/mba/programs

I always thought it was “BS” for “Bull Shit”, “MS” for “More Shit” and “PhD” for “Piled Higher and Deeper”. Ah well…learn something new every day….

hi…. i am presently doing m.tech in gitam university. b.tech-74.21 m.tech-9(cgpa) up to first year i am taking gre on october… i dont have publications is there any chance to get the phd admission or can i apply for ms program only… help me

im get ready to do for phd in abroad. so what is essential factors my btech 58% and mtech 72%

Accurate admission requirements are to be found on university websites, not on public forums such as these. If you can’t find it, contact the admissions department of the university you want to apply to. Masters degrees are not always a requirement for PhD programmes, but sometimes they are.

Essential factors for PhD admissions: Again, check the websites. Research skills, vision and motivation are really important. You’ll need a research proposal.

Hi Krishna!

It’s good to hear that you are interested to pursue Ph.D program. In vast majority of cases, prior academic publications are not required for Ph.D admissions in case if you are applying for Ph.D programs after completing of masters or bachelors degree program. Although after joining in Ph.D program, a student produces ‘n’ number of academic publications. So producing a publication prior to Ph.D admission is not so mandatory.

I am working as asst professor in engineering college of india.

hello, I am working as asst. professor chemical engineering, want to do PhD in chemical engineering field , how would i get admission in UK/USA universities and what is the chances to get admission there and how much investment I need ? Please give full information regarding it.

Full information is generally available on the websites of the specific universities. Admissions requirements, application processes and programme cost (I assume this is what you mean by “investment”) are all found on the websites of the respective universities. Chances of admission vary from university to university and not all universities put those statistics on their website, but if you put in some effort to go looking for it yourself, I think you should be able to find it.

I have 16+ Years and completed my DECE in 97, Btech (CMJU) in 2012 and Masters (Middlesex,UK) in 2013. I am looking for Phd opportunities in US for telecom field.

Can you provide me some details of the good consultants in India who is good in helping such cases. Also what are all the other preparation I should take care.

Hello,is medical degree a bsc or masters?thanks

Neither. BSc is bachelor of science. Medical degrees are bachelor of medicine and surgery (MBBS, MBChB, BMBS, MBBCh etc depending on how you abbreviate Medicinae Baccalaureus, Baccalaureus Chirurgiae). You generally carry the title of “doctor” afterwards, though, even without a PhD.

this one some what explainable…but good.

Thank you.. Raghu ram. This info has helped me allot to know about ph.d in Abroad..

I like to read more about it.

This is a most innovative way to describe “what is PhD ?” and I am indeed lucky to be associated with Dr. Matt Might.

I am working as Asst Prof. In India with Highest qualification of Masters in Engineering. Masters in engineering is the course which does not belive only on semester patern but gives lot of exposour to research work. Now I am very interested doing research in the domain of Image Processing . What are the different job aportunities ( Excluding Education Industries) after PhD form USA in Computer Engineering ( specifically in Image Processing Domain) u can suggest???

You will find most of the opportunities in research laboratories. After completing a doctoral program, it is very obvious that you would be involved in full time research. In fact many students go ahead for a post doctoral program as well and take up teaching jobs at the respective Universities.

I am working as Asst Prof. In India with Highest qualification of Masters in Engineering. Masters in engineering is the course which does not belive only on semester patern but gives lot of exposour to research work. Now I am very interested doing research in the domain of Image Processing . What are the different job aportunities ( Excluding Education Industries) after PhD in Computer Engineering ( specifically in Image Processing Domain) u can suggest???

very interesting and so true! !!

A nice explanation… Cleared all doubts…

This is one of the best way to visually understand the difference between BS, MS and PhD.

well, tat was Awesome !!

Amazing post! I don’t know like such a supportive and motivational article in my life.

Amazing post! Even though I don’t think I will pursue a Ph.D. , I really want to come close to making that dent in my life.

WOW, this is an amazing and innovative way HSB. The post deserves more comments and appreciation. Keep it up 🙂

Very nice I hope to read more like this.

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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 .

Tips for Online Students , Tips for Students

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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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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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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Master’s Vs. Ph.D.: What’s The Difference?

• Undergraduate vs. Graduate
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• APR vs. APY
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Most people have a pretty solid understanding of what a bachelor’s degree is, but master’s degrees and Ph.D.s can often be fuzzier for many.

In this article, we’ll go over each of these degrees and what each one entails.

Key Takeaways:

What Is a Master’s Degree?

A master’s degree – also called a graduate degree – is an advanced degree that people with an undergraduate degree can go on to obtain.

A master’s degree takes about one to three years to obtain. This can change based on the program you pursue and how many classes you take per semester, but the typical master’s degree program lasts about two years.

Again, the actual amount of time a master’s degree requires depends on the program you’re in, how much time you have to dedicate to your classes and research, and how smoothly your research goes, but most master’s degree programs are designed to take two years to complete.

A master’s degree requires a bachelor’s degree. This is the main prerequisite for starting a master’s degree. While some master’s programs require students to have bachelor’s degrees related to the graduate program, others don’t, allowing anyone with any area of expertise to enter as long as they meet the other qualifications .

One of these qualifications is often a passing score on a standardized graduate school entrance exam such as the GRE, GMAT, LSAT, or TOEFL.

A master’s degree mostly involves coursework with one to two semesters dedicated to research for a thesis and/or capstone project. This thesis or project (or combination of both) is a requirement for graduation and must be approved by and presented to the program faculty (called a defense).

While the student is working on this research, they’re usually taking classes as well.

A master’s degree can prepare you for almost any career. You can find people with master’s degrees in virtually any industry, and you can find a master’s degree program for a wide variety of interests.

Some people choose to pursue their master’s in order to build a more advanced and/or specialized knowledge base in their field or to open up opportunities in an entirely different field than they’d originally been working in.

What Is a Ph.D.?

A Ph.D. is a doctoral degree that many people pursue when they want to work in research or academia. It’s the highest degree someone can obtain.

A Ph.D. takes three to seven years to obtain. Usually, though, it takes closer to five to seven years to obtain a Ph.D. The length of time it takes you to finish a doctorate program will depend on the particular program, how much time you have to spend on classes and research, and how long your dissertation takes to research and complete.

A Ph.D. usually requires a master’s degree. Usually, your master’s degree has to be at least somewhat related to the Ph.D. program you’re trying to enter so that you have a solid knowledge base going into your research.

However, many programs combine their master’s degree and Ph.D. programs so you can start right out of undergrad and get it all done in one place. Sometimes these programs even take less time since they often require less research than two separate programs would.

A Ph.D. involves some coursework but mostly focuses on research for a dissertation. Generally, Ph.D. students spend just a few years on coursework and focus the majority of their time conducting research and writing their dissertations.

This is because their research generally has to be more original than many graduate program projects are and often requires them to obtain their own funding, which can take time.

In addition to a dissertation, Ph.D. students also may have to pass a comprehensive exam before they can graduate.

A Ph.D. can prepare you for a career in research and/or academia. If you want to continue conducting research in your field for a company or a university, or if you want to become a university professor , you’ll need a Ph.D.

As a result, many people obtain their Ph.D.s if they are interested in either of those options, even if they end up working in a regular job as part of their career as well.

Master’s Vs. Ph.D. FAQ

Can you get a Ph.D. without a master’s?

Yes, you can get a Ph.D. without a master’s. Many Ph.D. programs in the U.S. will accept students who have only earned their bachelor’s degrees. However, usually, this means that the Ph.D. program is a little longer than it would be otherwise, as it also includes the master’s degree requirements.

Many students still prefer this route if they know they want to get a Ph.D., as it often still ends up being shorter than it would be to obtain their master’s degree and then a separate Ph.D. You should only take this route if you’re very sure that you want to get your Ph.D., though, as it requires a significant amount of time and money.

Is a Ph.D. above a master’s?

Yes, a Ph.D. is above a master’s. A Ph.D. is the highest level of academic study, and a master’s degree is the second highest. Both are higher than a bachelor’s degree.

There are some master’s degrees, however, that are terminal degrees, which means there isn’t a higher degree than a master’s degree in that area of study. One example of this is a Master of Fine Arts (MFA). Because it’s a terminal degree, it’s considered similar to a Ph.D. in that field.

This is because a Ph.D. is a terminal degree in other fields of study and designates someone who has obtained the highest level of education possible in that field.

What are the four types of degrees?

The four types of degrees are associate’s, bachelor’s, master’s, and doctoral. An associate ’s degree typically takes about two years to earn and focuses on general education with a few specialized classes. These degrees are designed to prepare graduates to enter the workforce.

A bachelor’s degree usually takes about four years to complete and includes both general education and about two years of classes in the student’s chosen field. Typically, bachelor’s degree holders are eligible for careers in virtually any area, as well as many managerial and mid-level positions.

A master’s degree typically takes about two years to complete and includes both classwork and research in the student’s chosen field of study. Many students earn their master’s degrees because they want to take on an administrative or managerial role in the future.

A doctoral degree (which includes Ph.D.s) is a terminal degree for most fields, which means it’s the highest degree someone can obtain in that area. These degrees take between three and seven years to earn, and they focus mainly on research, although they have some classwork as well.

People who want to conduct research or work in academia often earn their doctoral degrees.

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Abby is a writer who is passionate about the power of story. Whether it’s communicating complicated topics in a clear way or helping readers connect with another person or place from the comfort of their couch. Abby attended Oral Roberts University in Tulsa, Oklahoma, where she earned a degree in writing with concentrations in journalism and business.

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From Associate to Doctorate: A Complete Guide to College Degree Levels

Genevieve Carlton

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Updated January 4, 2024

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Are you ready to discover your college program?

Considering a college degree? First, you'll have to understand the types of degrees and college degree levels.

Different degrees prepare you for different career paths. For example, you can't become a psychologist with just a bachelor's degree — you'd need a master's or doctorate in psychology. And you usually can't become an engineer without at least a bachelor's degree.

Typically, as your university degree level rises, your earning potential increases, and the unemployment rate decreases. That's one more reason it's important to understand the different types of degrees.

What Types of Degrees Are There in College?

There are many types of degrees you can earn in college. College degree levels can be broken down into two categories: undergraduate degrees and graduate degrees.

Here are the college degrees in order, from lowest ranking to highest:

• Associate degree (undergraduate)
• Bachelor's degree (undergraduate)
• Master's degree (graduate)
• Doctoral degree (graduate)

While a doctorate is the highest education level, some fields may stop at a master's. The phrase "terminal degree" refers to the highest degree in a field.

A professional degree is a type of graduate degree — often a doctorate — that prepares you for a professional career in fields like law and medicine.

Popular Online Programs

Learn about start dates, transferring credits, availability of financial aid, and more by contacting the universities below.

Associate Degree

• Typical Program Length: 1-2 years
• Typical Number of Credits: 60

Most associate degrees prepare you to enter the workforce immediately upon graduation. These programs can be found at community and technical colleges and typically last 1-2 years.

An associate degree can also serve as the foundation for a bachelor's program. You may even be able to transfer some of the credits you earned for your associate degree toward a four-year degree.

Some associate degrees require you to complete an internship or practicum in addition to taking classes. This is particularly common among healthcare and tech degrees.

To apply for an associate degree program , you'll need a high school diploma or equivalent, like a GED certificate. Some schools may require you to submit standardized test scores, such as the ACT or the SAT, as well.

Featured Associate Programs

What can you do with an associate degree.

An associate degree prepares you for vocational, allied health, and support roles. For example, you can become a medical assistant , paralegal , or vet tech with an associate degree.

The highest-paying careers with an associate degree pay over $80,000 per year. See the table below for salary information on other popular associate degree jobs.

Source: BLS

Types of Associate Degrees

Colleges can offer three kinds of associate degrees:

• Associate of Arts (AA)
• Associate of Science (AS)
• Associate of Applied Science (AAS)

Arts, humanities, and creative fields typically offer an AA, whereas social sciences and natural sciences fields often award an AS. Many applied and vocational programs offer an AAS degree.

The type of degree matters if you're planning to transfer into a bachelor's program. Colleges normally offer fewer transfer credits for an AAS degree.

Popular Associate Degrees

• Business Administration
• Business Management
• Computer Science
• Criminal Justice
• Cybersecurity
• Early Childhood Education
• Graphic Design
• Healthcare Management
• Information Technology
• Medical Assisting
• Medical Billing and Coding
• Pre-Nursing
• Social Work

Bachelor's Degree

• Typical Program Length: 4 years
• Typical Number of Credits: 120

A bachelor's degree prepares you for many career paths. You'll generally spend four years earning a bachelor's degree at a college or university. You'll take general education classes and courses in your major . You can also choose a minor.

Some colleges offer accelerated bachelor's programs , which take less time — often 2-3 years. Degree-completion programs can also speed up the timeline by awarding you credit for previous college coursework.

You can earn your bachelor's degree online as well. An online degree from an accredited college meets the same standards as that of an in-person degree.

You'll need a high school diploma for admission and may also need to submit SAT or ACT scores.

Featured Bachelor's Programs

What can you do with a bachelor's degree.

In diverse industries like business, tech, and education, a bachelor's degree can prepare you for many entry-level careers. Some of the highest-paying jobs with a bachelor's degree include roles in finance, management, and tech.

Graduates with a four-year degree can also benefit from high demand in many lucrative fields, like software development and engineering. The table below introduces some popular jobs with a bachelor's degree.

Types of Bachelor's Degrees

You can earn a bachelor's degree in many fields. Some of the most common types of bachelor's degrees you'll see include:

• Bachelor of Arts (BA)
• Bachelor of Science (BS)
• Bachelor of Applied Arts (BAA)
• Bachelor of Applied Science (BAS)
• Bachelor of Architecture (B.Arch.)
• Bachelor of Business Administration (BBA)
• Bachelor of Fine Arts (BFA)
• Bachelor of Science in Nursing (BSN)

The two most popular degrees are a BA and a BS. These degrees cover all arts and sciences majors and some education and engineering degrees.

Popular Bachelor's Degrees

• Civil Engineering
• Communication
• Computer Programming
• Health Informatics
• Health Sciences
• Human Resources
• Mathematics
• Organizational Psychology
• Political Science
• Public Policy
• Supply Chain and Logistics

Master's Degree

• Typical Program Length: 1-3 years
• Typical Number of Credits: 30

A master's degree can help you gain specialized skills and qualify for higher-paying roles. As a graduate student, you'll work closely with experts in your field to explore advanced topics.

While a master's degree typically takes two years, some universities offer accelerated one-year master's programs. You can also enroll in a bachelor's-to-master's program to earn both a bachelor's and master's degree in less time.

Most master's programs require a minimum of 30 credits. Admission and graduation requirements vary depending on the program. For example, many arts and sciences master's programs require GRE scores , while business programs typically require GMAT scores .

Featured Master's Programs

What can you do with a master's degree.

With a master's degree, you can qualify for management-level careers and specialized roles in industries like healthcare, research, and social services. The highest-paying master's degrees include MBAs and nurse practitioner degrees.

Learn more about the earning potential and demand for popular master's degree jobs below.

Types of Master's Degrees

Here are some of the most common types of master's degrees you can earn:

• Master of Arts (MA)
• Master of Science (MS)
• Master of Business Administration (MBA)
• Master of Education (M.Ed.)
• Master of Fine Arts (MFA)
• Master of Laws (LL.M.)
• Master of Public Administration (MPA)
• Master of Public Health (MPH)
• Master of Public Policy (MPP)
• Master of Science in Nursing (MSN)
• Master of Social Work (MSW)

An MA and an MS are among the most popular master's degrees. Humanities, social sciences, and natural sciences fields typically award an MA or an MS. Other popular options include an MBA and an M.Ed.

Popular Master's Degrees

• Creative Writing
• Data Science
• Engineering
• Healthcare Administration
• Library and Information Science
• Network Security
• Public Health
• Supply Chain Management

Doctoral Degrees

• Typical Program Length: 2-10 years
• Typical Number of Credits: Varies

A doctorate represents the highest degree you can get in academia. There are a few types of doctoral degrees you can get.

Professional doctorates train you for a professional career. For example, law school and med school are two common professional paths. A Ph.D., on the other hand — by far one of the most common types of doctorates — emphasizes theory and research.

In a doctoral program, you'll take graduate-level seminars and courses, take comprehensive exams, conduct original research, and defend a dissertation in front of a faculty committee.

Most applied doctorates take 3-5 years, while a Ph.D. typically requires 4-6 years of coursework. In certain fields, you can earn your doctorate online.

Some doctoral programs require a master's degree for admission, whereas others admit applicants with just a bachelor's degree. You may need to submit standardized test scores depending on the program.

Featured Doctoral Programs

What can you do with a doctorate.

If you want to become a physician , professor , or lawyer, you'll need a doctorate. In many fields, a doctorate translates into higher salaries. Lawyers, pharmacists , and physicists all report median salaries of over $125,000 per year, according to the Bureau of Labor Statistics (BLS).

The following table shows the earning potential and demand for popular doctoral degree jobs.

Types of Doctoral Degrees

A doctorate is the highest education level, but there are still several types of doctoral degrees. Here are some of the most common you can get:

• Doctor of Philosophy (Ph.D.)
• Doctor of Business Administration (DBA)
• Doctor of Education (Ed.D.)
• Doctor of Medicine (MD)
• Doctor of Nursing Practice (DNP)
• Doctor of Pharmacy (Pharm.D.)
• Doctor of Psychology (Psy.D.)
• Juris Doctor (JD)

A Ph.D. is the most popular doctorate. You can earn a Ph.D. in many arts and sciences fields. Other doctorates take their names from the career path associated with the degree.

Popular Doctoral Degrees

• Curriculum and Instruction
• Educational Administration
• Educational Leadership
• Human Services
• Legal Studies
• Organizational Leadership
• Public Administration

Frequently Asked Questions About College Degree Levels

What are the four types of college degrees.

The four types of college degrees are associate degrees, bachelor's degrees, master's degrees, and doctoral degrees. Colleges classify associate and bachelor's degrees as undergraduate degrees and master's and doctoral degrees as graduate degrees.

Within those categories, you can earn many types of degrees. For instance, at the bachelor's level, you could earn a bachelor of arts (BA), a bachelor of science (BS), or a bachelor of fine arts (BFA) degree.

What is a four-year college degree called?

A four-year college degree is called a bachelor's degree. Another term for this degree type is a baccalaureate degree.

Many careers require a bachelor's degree for entry-level roles. For example, most careers in business require you to hold a bachelor's degree. Many roles in tech, education, the public sector, and engineering also require you to have a four-year degree.

Some career paths require a specific major. In many states, you'll need a bachelor of science in nursing (BSN) to become a registered nurse . In other fields, your specific major matters less than the quality of your skills.

What is the highest degree?

The highest degree is a doctorate, also called a doctoral degree. In terms of university degree levels, both master's and bachelor's degrees rank below doctorates.

You can earn a doctorate in a wide array of fields, including the social sciences, business, the humanities, education, engineering, and healthcare.

In some fields, however, a master's degree represents the terminal, or highest, degree. For instance, a master of fine arts (MFA) is the terminal degree for creative writing.

What is the hardest college degree?

Most would agree that the hardest college degree is a doctorate. As the highest education level, a doctorate requires significant expertise in the field.

Many Ph.D. programs take six years or more and require you to write a book-length dissertation based on original research.

Because a doctorate represents the top of the university degree levels, it's a relatively uncommon degree. Only around 2% of U.S. adults held a doctorate in 2022, according to the U.S. Census Bureau .

What is the quickest degree?

The fastest degree you can get is either a one-year associate degree or a one-year master's degree. While other types of degrees typically take a minimum of two years, you can earn a master's degree in one year with an accelerated or fast-track program.

You can sometimes add a master's degree to your bachelor's through a 4+1 program, also known as a bachelor's-to-master's program. In this case, some of your coursework counts toward both your undergraduate and graduate degrees, meaning you'll spend an additional year in college to leave with a master's degree.

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What Is the Difference Between a Master’s Degree and a Ph.D.?

In the United States, 13.1% of people have a master’s, doctorate, or other advanced degree. Along with the wealth of knowledge and skills you can get from an advanced education, becoming a graduate student is a great way to stand above the remaining 86.9% of Americans as you work toward your career goals.

The most common types of advanced degrees are the master’s degree and the Ph.D. Both are great options for continuing education but still have many differences. 

Do you want to learn more about each of these advanced degrees? Keep reading this article for everything you need to know about the difference between a master’s degree and a Ph.D.

Course Structure

When you are getting an advanced degree, it is important to consider the course structure of each program you are interested in. This way, you can find one that helps you learn in the way that makes the most sense to you. 

With a master’s degree, you can expect primarily to do coursework throughout the first three semesters. The remaining requirements are composed of a capstone project or thesis that culminates everything you will have learned during your program. 

With a Ph.D., you will typically do two years of coursework. After you have completed this work, you will take the remaining years to prepare your dissertation. This requires a lot of research and writing and will allow you to contribute new research to current industry knowledge. 

Degree Length

Another significant difference between a master’s degree and a Ph.D. program is the length of time they take to complete. Master’s programs are much shorter and will typically take two years to complete. Some universities even offer accelerated programs that allow you to complete your master’s degree within a single year. 

Ph.D.s take much longer to complete—anywhere from 5-6 years! There are a lot of things to cover in any field as you pursue a doctorate. What’s more, the research and writing process of a dissertation can be quite time consuming.

The doctorate degree in the United States is typically inclusive of the curriculum you would receive for a master’s in the same field, with more in-depth study beyond that. Outside of the United States, you will likely have to get a separate master’s degree before you start your Ph.D.

Culmination of Degree

As was mentioned before, the culmination of both master’s degrees and doctorate degrees differ. There are a few main differences between a dissertation and a thesis . 

For a master’s degree, you are expected to complete a capstone course or a thesis. This is a paper that is limited to about 40,000 words. The point of a thesis is to allow graduate students to present their research findings and show their aptitude in their field.

The master’s thesis allows you to demonstrate your knowledge about the research area and prove that you can contribute to scholarly work. Once you have completed your thesis, you will go through an extensive editing process before it can be published. 

A doctorate degree requires the completion of a dissertation. A dissertation is much longer than a master’s thesis and can be anywhere between 100 to 300 pages long. 

Dissertations also typically require an oral defense. You will present your work to a committee and will answer questions about the methodology and interpretation of your dissertation. 

To choose the best type of advanced degree for your circumstances, it is also important that you consider the cost of both master’s degrees as well as Ph.D. programs. Comparing degree costs will help you find a degree that you can afford.

Because a Ph.D. takes much longer to complete than a master’s degree, you can expect it to cost a lot more too! That said, many Ph.D. programs provide funding to students. While this funding or stipend is not much, it will often cover the cost of tuition and living expenses. 

On the other hand, you are completely responsible for your livelihood while pursuing a master’s degree. That means you’ll have to work hard outside of school, reminding yourself that your future career prospects will likely help you make back what you’ve spent (and then some!).

With a Ph.D., you will take longer to graduate, but you will get a higher return on your investment with an even higher average salary than that of a master’s degree holder.

If you pursue an online graduate degree , you can find much more affordable options for both master’s degrees and doctorate degrees. These also make it much easier to study while you continue to work or pursue other endeavors. 

Future Potential 

Finally, you need to consider your future potential when it comes to both of these advanced degrees. While money isn’t the only thing that you should consider, you need to know that you will be able to get a reliable job once you graduate with your degree. 

With a master’s degree, you will open the door for more job opportunities but not necessarily different career prospects. On the other hand, those with a Ph.D. typically do research for their job, often at a university. This allows you to contribute new data to your field and as well as to become an expert in your industry. 

You should also consider your potential salaries with both graduate degrees. Both degrees will advance your career and increase your money-making potential. However, you will almost always be able to make more money when you have a Ph.D. 

Becoming a Graduate Student? Learn More About a Master’s Degree and Ph.D.

When you are considering continuing education, there are many different types of degrees to choose from. Both a master’s degree and a Ph.D. are great options to achieve your education and career goals. By learning more about these differences between graduate degrees, you can find the option that works best for your needs. 

Do you want help with the advanced degree application process? Abound Grad School can help! Check out our website today to learn more about your education options as a graduate student and to find the best graduate school for you .

Ana -Marcela joins the team as an outreach associate and assistant editor. She values the pursuit of knowledge and is excited to use her research and writing skills to help others fuel their intellectual curiosity.  Ana -Marcela is a native Austinite and she earned her Bachelor’s in English Literature from St. Edward’s University. Her favorite author is Gabriel Garcia Marquez.  Ana -Marcela spends her free time hiking the greenbelt, cruising the aisles of half price books, or cuddling her cats.

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Home  /  News  /  Master’s Vs. Bachelor’s Degree: What’s The Difference?

Master’s Vs. Bachelor’s Degree: What’s The Difference?

Higher education has the power to transform your life, but understanding the different types of degrees can be confusing. To help, let’s break down exactly what master’s vs bachelor’s degrees are.

When you go to a university, you can earn an undergraduate degree called a baccalaureate or a graduate degree called a master’s. The exact degrees offered vary from school to school, but there are some important differences between bachelor’s degrees and master’s degrees that you should understand before you begin applying to colleges and universities.

What Is A Bachelor’s Degree?

What is a master’s degree, the difference between undergraduate and graduate degrees, bachelor’s vs. master’s: which one is right for you.

Explore  environmental baccalaureate and master’s degree programs .

A bachelor’s degree is an undergraduate degree typically earned after the completion of high school or GED. Most bachelor’s degree programs are four-year programs that include general education courses as well as specialized courses in a chosen academic major. Baccalaureate degrees are the foundational level of higher education. They equip students with the essential knowledge and skills needed to start a career in a particular field or further their studies by earning a graduate degree.

There are three main types of baccalaureate degrees:

• Bachelor of Arts (BA)
• Bachelor of Science (BS)
• Bachelor of Fine Arts (BFA)

How Long Does It Take To Get A Bachelor’s Degree?

Most bachelor’s degree programs take four years to complete. However, that is based on a full-time course load of at least 15 credits per semester. If you are working while in school, this could be difficult to maintain. At some schools, the average student takes five years to finish a baccalaureate program, and you can take longer if needed. A student attending college part-time may take six to eight years to complete their degree. 

For those unsure if a baccalaureate degree is the right choice for them due to the traditional timeline, at Unity Environmental University, our model is run on 5-week terms, not semesters. Terms allow students to get through the program much faster, and you can decide to take a break and continue at your own pace, allowing for more flexibility. Another shorter degree option is starting with pursuing an  associate degree , which takes  two years to complete on average before starting a career .

Do I need a bachelor’s to get a master’s? Yes, you do!  Luckily, you can  earn a degree online  on your own schedule with flexible start dates and rolling admissions.

A master’s degree is an advanced level of postgraduate study that allows students to specialize further in a specific field of study or professional practice. A master’s degree may be needed for career advancement depending on your field and position. Certain roles may require a very specialized education. A master’s degree or Ph.D. is also required for jobs doing academic research or teaching at the college level.

There are many types of master’s degrees including but not limited to:

• Master of Arts (MA)
• Master of Science (MS)
• Master of Business Administration (MBA)
• Master of Social Work (MSW) 
• Master of Fine Arts (MFA)

It’s common for people to want to study something different than they are studying in undergrad. Maybe you were young and studying what your parents wanted you to, or maybe your interests changed. This leads many college graduates to wonder, can I get a master’s degree in another field? And the answer is yes, you can! You may need to take some prerequisite courses in your new area of study, but policies vary by institution and program.

How Long Does It Take To Get A Master’s Degree?

The timeframe for completing a master’s degree is usually one to two years. However, like with baccalaureate degrees, you may need longer to complete your degree if you are only studying part-time. Some graduate students may conduct longer thesis research or fieldwork and need additional time after completing their core coursework before they graduate.

At Unity Environmental University, our Master’s programs work on 8-week terms, allowing flexible starts and breaks. If you are already a Unity baccalaureate student and are applying to one of our Master’s programs, we provide individualized coaching and advising through the application and enrollment process to provide you an easy transition..

Can You Get A Masters Without A Bachelor’s?

It is not possible to earn a master’s degree from an accredited university in the US without first holding a qualifying bachelor’s degree .

While applying for a Master’s program, make sure to refer to the university’s admission and pre-requisite requirements. At Unity Environmental University, you need to have a baccalaureate and either 

• have a minimum undergraduate cumulative GPA of 2.75 or higher; or
• have earned a minimum grade of B (3.0) in at least 6 credits of Master’s level courses from an accredited institution.

There are a few exceptions if you do not meet either of these two  Master’s admission requirements .

Boost your career with a completely  online master’s degree from Unity Environmental University .

The biggest differences between a bachelor’s and master’s degree are the academic level (undergraduate vs graduate) and the depth of study. An undergraduate degree provides broad foundational knowledge. It’s a necessary precursor for the more specialized approach that graduate school takes. Because graduate degrees are advanced degrees, they typically open up more advanced career pathways, including management and research roles.

It takes about 120 credit hours to earn a baccalaureate degree versus only 45 credits for a master’s degree. Therefore, master’s programs often only take two years to complete versus four years for a bachelor’s degree. While the per credit cost of bachelor’s degrees is usually lower than it is for master’s degrees, master’s degrees need fewer credits to graduate, so they could be less costly overall.

Unity Environmental University has flexible terms, allowing you to graduate much faster on average. You can take 2 courses (3 credits) per term. With our baccalaureate programs being 8 terms per year, you can max at 48 credits per year. With 120 credits needed to graduate, you can graduate as quickly as 2.5 years. 

Our Graduate programs are the same. You can take 2 courses per term with 5 terms per year. That means you can take 30 credits per year max, allowing you to graduate in less than a year and a half.

Whether you are interested in a bachelor’s or a master’s, learn  how to make your degree more affordable .

Ready To Learn More About Unity Environmental University?

To determine if a bachelor’s degree vs master’s is right for you, think about your  long-term career goals  and research the educational requirements for your ideal job. Consider the time commitment and cost of graduate vs undergraduate school. Using data online, you can estimate how much income you can earn over your lifetime if you have a master’s degree vs a bachelor’s degree. This will vary by industry and specific roles, but generally,  workers with a master’s degree earn more than those with only a bachelor’s .

Because a baccalaureate degree is a prerequisite for a master’s, the question isn’t actually master’s vs bachelor’s. Instead, the question is whether it’s worth it to pursue a master’s degree after you finish undergraduate school. Not sure if a master’s degree is right for you? Discover the  benefits of going to grad school . 

Environmental Bachelor Programs At Unity Environmental University

Unity Environmental University’s bachelor’s programs focus on equipping students with the knowledge and skills needed to address contemporary environmental challenges. We use a unique approach to environmental studies that includes social sustainability and  cultural competence  in our programs. Below are some of our bachelor’s degree programs and potential career options for graduates with that degree.

• B.S. in Animal Science :   Zoologist , livestock manager,  animal care specialist
• B.S. in Environmental Studies :  Environmental policy analyst, toxicologist, environmental educator
• B.S. in Sustainable Business Management : Environmental consultant, sustainability manager, sustainability analyst
• B.S. in Wildlife Conservation :   Wildlife biologist , research associate,  park ranger  

Environmental Master Programs At Unity Environmental University

When you choose Unity Environmental University for your master’s degree, you get access to specialized research opportunities, expert faculty, and the skills needed to make a major impact on the world’s environmental challenges. The programs below cater to those looking to deepen their expertise or pivot their career toward environmental advocacy and sustainability.

• Master’s in Marine Science :   Marine biologist , aquaculture manager, assistant professor
• Master’s in Environmental Studies and Sustainability :   Urban planner ,  environmental engineer , climate change policy analyst
• Master’s in Environmental Geographic Information Science :   GIS analyst , GIS technician, GIS specialist
• SMBA in Sustainable Tourism & Hospitality : Business owner, sustainability consultant, sustainability director

Earn An Environmental Bachelor’s Or Master’s Degree Online At Unity Environmental University

Before applying to college, it’s vital to understand the differences between an undergraduate degree vs graduate degree. In undergraduate school, students earn a baccalaureate degree, usually in four years. Graduate school students earn a master’s degree which usually takes two years. A high school diploma or GED is required for admission to undergraduate school, and a baccalaureate degree is required for admission to graduate school. 

Unity Environmental University  offers baccalaureate and master’s degree programs that can be completed online and come with built-in career development support for all students. You can earn a degree at your own pace with our flexible term starts. The fastest you can earn a baccalaureate in 2.5 years and a Master’s in 1.5 years.  Financial aid  is also available at the undergraduate and graduate levels so that you do not have to worry about whether you can afford a bachelor’s vs master’s degree only.

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BA, BSc, MA, MSc, PhD - what do they all mean?

BA, BSc, MA, MSc, PhD (and more) are abbreviations of British degrees.

They reflect the specific level and discipline of a qualification achieved at university.

While most courses are conducted on a full-time basis, there are options for part-time, distance learning and other flexible learning arrangements.

Here is a breakdown of some of the most common qualifications and ones that Aberystwyth University offers.

• BA = Bachelor of Arts, Humanities and Social Sciences;
• BSc = Bachelor of Sciences;
• BENG = Bachelor of Engineering (Software, Robotics and Physics);
• LLB = Bachelor of Law.

Achieved after 3 to 4 years of study. The extra year (for a 4 year course) can be from a year studying abroad or a year working in industry.

Integrated-Masters:

• MARTS = Masters of Arts;
• MBIOL = Masters of Biology;
• MCOMP = Masters of Computer Science;
• MENG = Masters of Engineering;
• MMATH = Masters of Mathematics;
• MPHYS = Masters of Physics;
• MSCI = Masters of Sciences and Humanities.

4 years course (3-year Bachelors, 1 year Masters) that enables you to secure a loan for the full duration rather than having to fund a Masters degree separately.

• MA = Masters of Arts, Humanities and Social Sciences;
• MSc = Masters of Sciences;
• MBA = Masters of Business Administration;
• MPhil = Masters of Philosophy: Advanced research Masters degree;
• MRes = Masters of Research: Contains some taught and research elements;
• LLM = Masters of Law.

Achieved after graduation from Bachelors level, usually 1-2 years duration.

• PhD = Doctor of Philosophy: for a range of disciplines.

Achieved after graduating from Masters level, usually 3-8 years duration.

A wide range of Undergraduate, Postgraduate and Further-Research courses – across the Arts and Sciences – are available at Aberystwyth.

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Master’s Degree vs. Bachelor’s Degree – Faulkner University

Faulkner University

A Christian University

Introduction

Bachelor’s degree vs. master’s degree: understanding the difference.

When considering earning a college degree to improve available career opportunities, you should first find out whether you require a bachelor’s degree, master’s degree, or an eventual doctorate in your chosen field. Academic disciplines and departments vary widely in how they deliver employment training. With foresight and preparation, students can approach an academic program with strategies that offer multiple job-related options.

Faulkner University offers academic programs  online and at campuses throughout Alabama. Here, we help you understand the differences when it comes to master’s degree vs. bachelor’s degree programs.

Comparing Master’s Degree vs. Bachelor’s Degree Programs

Students almost always earn a bachelor’s degree before a master’s degree. A bachelor’s degree is commonly required for admission to a master’s program. The bachelor’s degree is called an undergraduate degree, while the master’s is a graduate degree. Full-time students can usually earn a bachelor’s degree within four years. Graduate students may earn a master’s degree in two, three, or more years, depending on the discipline.

Higher education is organized to help students continually build on their base of knowledge. Bachelor’s degree students learn how to write academic papers and how to present materials. They develop intermediate math skills and are introduced to scientific theories and knowledge. In addition, bachelor’s degree students focus on one major area of study, such as biology, history, or business. Within these majors, students develop higher-level skills and understanding of the subject matter.

The master’s degree takes this learning to the next level. Master’s students are often required to write a thesis and present research findings. The content of their courses assumes that students have already mastered introductory material and have a basic understanding of the subject. Master’s degree programs may require students to earn a bachelor’s degree in specific subjects to qualify for admission.

How Do University Degrees Impact Career Opportunities?

Some occupations require employees to have a college degree. For example, many states require that teachers in the public school system earn a master’s degree in education . While a bachelor’s degree in business or accounting  can be an avenue to securing a satisfying job, some positions require applicants to earn an MBA.

Salary Differences Between Bachelor’s and Master’s Degree Holders

According to the U.S. Bureau of Labor Statistics (BLS), education pays . In 2022, employees earned more in wages and salary with university degrees. Median weekly earnings for full-time workers over the age of 25 were $853 for high school graduates, $1,432 for those with a bachelor’s degree, and $1,661 for those with a master’s degree. When comparing master’s degree vs. bachelor’s degree salaries, there are significant salary differences. Whether or not employees have earned a college degree also impacts their opportunities for advancement and promotion.

Another factor that students may want to account for when considering a bachelor’s degree vs. a master’s degree is the cost of each degree. The degree may be seen as a financial investment that students make in themselves, their future job satisfaction, and potential career paths. In this way, the amount of investment can be weighed against potential future gains, both in financial and personal satisfaction.

Earn a Career-Advancing Degree at Faulkner University

Faulkner University in Alabama offers several types of degree programs  on our campuses in Montgomery, Birmingham, Mobile, and Huntsville. We also provide online academic programs  and hybrid learning opportunities. Whether you are looking to start your bachelor’s degree or ready to move on to your master’s, Faulkner University has the tools and resources to help you grow. For more information about our degree programs, request information  today.

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PhD vs Master’s: What You Need to Know

Updated on 15 march, 2024.

Kanika Pruthi

Sr. content writer & study abroad expert.

The PhD vs Masters   question bugs many young aspirants with bachelor’s degrees. Now that you have an undergraduate qualification, which is the best option out of the two? It may get confusing, since some PhD programs accept students with bachelor’s degrees. Alternatively, many students first complete master’s courses before applying for PhDs.

Table of Contents

• PhD vs Master’s Courses- Highlights

PhD vs Master’s - Content and Coursework

• PhD vs Masters - Cost

PhD vs Masters - Application Process

Phd vs masters - eligibility criteria, phd vs masters - career prospects.

Here is a guide to the core differences and how they align with your career/academic objectives. 

PhD vs Master’s Courses- Highlights 

Here are some key-highlights worth mentioning with regard to the differences between PhD and master’s programs. 

Here are some core differences between master’s and PhD programs in this category. 

Master’s Programs- 

• Some types of degrees include MA, MFA, MSc, MRes, MM, MBA, MPA, MPH, MSW, MArch, MEng, and MEd.
• These degrees offer qualifications that certify expertise and knowledge at a higher level in any chosen discipline. 
• Every master’s program has its own courses required for graduation. 
• Master’s programs also have elective courses that students may choose as per their interests. 
• These courses may require a thesis if they are research-based. At the end of such courses, students have to undertake research on any specific topic and write a thesis that showcases their findings. 
• Examinations are required for graduating. 

PhD Programs- 

• Doctoral or PhD (Doctor of Philosophy) degrees are offered. 
• These are research degrees, where students undertake research work on any aspect and then transform the same into a dissertation or thesis at the conclusion of the course. 
• This has to be presented to an expert panel where students may defend their findings and answer questions. 
• PhD programs involve coursework required by the university. 
• Outside coursework, students have to do research independently after choosing a topic with their advisors. 
• Doctorate programs usually include examinations for testing the knowledge of students. 
• A dissertation has to be written about the findings of research projects and presented to a committee. 

PhD vs Masters - Cost 

Master’s program costs may vary across universities, depending on the location and subject. However, they are more affordable than PhD programs which require more time to complete and require a mix of both coursework and independent research. However, some PhD programs may offer stipends for researchers which may help cover tuition costs and living expenditure. On average, master’s courses may require anywhere around $20,000-45,000 per year. PhD programs, on the other hand, may require anywhere between $28,000-55,000 per year. 

The application process varies for master’s programs. You have to apply mostly on the official websites of universities by filling up the requisite forms and submitting documents like your educational transcripts, recommendations and references (if required), proof of funds, English language proficiency (if required), and so on. For PhD programs, you have to apply online at the websites of universities after selecting your area of research and contacting potential supervisors. You should also submit your application after checking the funding options that are available. 

The eligibility criteria for both master’s and PhD programs vary across universities. However, here are some of the general criteria for both. 

Master’s Courses: 

• Bachelor’s degree or international equivalent. 
• English language proficiency 
• GRE/GMAT scores if required 

PhD Courses: 

• Statement of Purpose
• Letters of Recommendation 
• College and University Transcripts

Here’s taking a closer look at the career prospects offered by both these courses. 

Here are some jobs after PhD degrees with their average annual salaries according to Payscale. 

Here are some jobs after master’s degrees with their average annual salaries according to Payscale. 

As you can see, there are several intrinsic differences between master’s programs and PhD courses. You should evaluate the pros and cons of both these degrees for your chosen career pathway and then finalize your decision. 

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Is it better to have a master’s degree or PhD?

PhD qualifications are the highest in any particular field. It may have a higher impact than a master’s course, which of course, has more impact in comparison to bachelor’s degrees. In some cases, master’s degrees are enough to build careers in various job-oriented roles, while PhD qualifications are a must for academics, research, and teaching in many cases. 

Is a master’s course harder than a PhD?

The difficulty levels may vary, depending on the subject chosen for a master’s course and the topic of research for a PhD program. In many cases, PhDs may seem harder due to the longer time and extensive research work required. 

Can I do a PhD without a master’s degree?

While most students apply for PhD programs after completing their master’s degrees, there are some PhDs which admit those with undergraduate degrees. It all depends on your chosen academic or professional pathway, understanding of the discipline, knowledge, experience, and various other factors.

Kanika has 5+ years of experience as a writer and content developer. She has written for a wide range of industry verticals, including hospitality, restaurants, non-profits, finance, IT, HR, technology, payroll, and education. She has worked as a creator for a few leading companies and has also helped brands grow through her creative writing.

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Basically a Bachelor’s degree is the ‘first’ degree, a Masters is the ‘second’ degree, and a Doctorate degree is such as the Doctor of Philosophy that is known as PhD, is a ‘terminal degree’. A bachelor’s is generally a post-secondary undergraduate degree.

Usually a Bachelor degree takes four years to be completed. It can take more time according to other circumstances. It can be mentioned that sometimes Bachelor degrees are also called baccalaureate degrees. A bachelor’s degree that is known as baccalaureate is an undergraduate academic degree. It is provided by colleges and universities. It depends on the completion of a course of study lasting three to seven years as it told before that it depends on the students. There are many countries that provide the opportunity to have the bachelor degree for the international students. There are many opportunities having a bachelor degree. The most important reasons to earn a bachelor’s degree are it increases the earning potential, healthcare benefits. They can also enjoy better employer-provided benefits, specifically healthcare benefits, than non-college graduates. It also job satisfaction, opportunity, job Security etc.

On the other hand the Master’s degree can allow specialization or can allow concentration within a field so that it can be easily focused on studies in-depth on a particular aspect of a subject. By obtaining a Master’s works especially well one wants to build particular career. It will also help one make the leadership in a specific field. This degree can also be a perfect process of changing careers. As there are benefits in Bachelor’s degree, there are some benefits of earning a master’s degree. They can be mentioned like less time and money than a PhD; it has more career-oriented than a PhD; it makes you apart from those with only a Bachelor’s degree; it helps you to have greater employment opportunities; it also help to gain greater career advancement.

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Doctor of Philosophy that is known as PhD is considered terminal degrees. It is considered as the highest degree you can earn. PhDs are basically research-based academic degrees. It is awarded in many fields and sectors. There are many reason to get a PhD. If ones dream is to become a professor, then it will help him to do so. A PhD degree can also be helpful outside academic world. It is also helpful in other sector. There are many businesses that are searching for extremely qualified people who have demonstrated intelligence, perseverance as well as the ability to learn in a variety of fields, including engineering, information technology, or many others.

Generally PhD work requires the original research. It contributes new information and data to the field of study. It creates new knowledge, idea and creates new are in the research sector. Like others it has also some benefits. First of all you will be regarded as an expert in your field. It will help to enhance the transferable skills like critical reasoning, problem-solving, and in-depth analysis. It also adds to the research and knowledge in the academic sector. It improves analytical skills by the deep knowledge of a specific area. It also helps to increase the identity like you can include Dr. in your title. That earns the honors in the society.

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