Earning a master's degree usually requires one to three years of postgraduate or graduate study. The two basic types of masters degrees offered in the U.S. are the Master's of Arts and Master's of Science. According to the U.S. Bureau of Labor Statistics, master's degree holders earned an average of $1,102 per week, almost $200 more than those with bachelor's degrees.
A master's degree is a graduate, or post-baccalaureate, degree awarded to candidates who complete one to three years of concentrated study in a field of knowledge. A master's level education can mean entry into a profession, the chance for promotion in an existing position, or personal enrichment and achievement. It's a degree only three percent of Americans ever attain, so the letters M.A. or M.S. on a business card or letterhead command respect.
Graduate education differs from undergraduate schooling. The coursework is significantly more demanding--and more interesting--and the students are more determined and goal-oriented. Those who lack self-discipline quickly fall by the wayside; those who remain can form friendships and develop wisdom that lasts a lifetime. Networking is built into the master's degree experience, as students form professional connections with peers, professors, and experts in their chosen field. In fact, the social benefits of master's degree programs come as a pleasant surprise and welcome support to students who get their graduate degrees online.