What is a Master's Degree?

A Master’s Degree is an advanced graduate degree education program for individuals who successfully go through a particular high level of academics in a specific field of study or area of professional practice.

To be eligible for a Master’s Degree, you generally must posses an undergraduate degree.  The typical Master’s Degree program can require that you complete between 30 – 60 semester credits.

Many Master’s Degrees are granted by state, public or private universities.  Graduates with a Master’s Degree exhibit that they have advanced knowledge in their desired field of specialization.


Employment Facts

18% of all United States jobs will require a Master’s Degree by the year 2022.

Undergrad Learning

Master's Degree Requirements

To earn a Master’s Degree, one must:
  • Completed a Bachelor’s Degree or other undergraduate course
  • Meet the university’s admission requirements
  • Meet the university’s necessary academic qualifications
  • Complete a thesis (if required)
  • Have good academic standing
  • Complete the degree program in four years

What is the cost of a Master's Degree?

The average cost of an Master's Degree is approximately $10,000 per year.

Individuals who seek a Master’s Degree increase their available opportunities for high advancement in the career field they are pursing, enhance their overall appeal as a candidate for a desirable employer and greatly improve their earning potential.

There are four different types of Master’s Degrees:

  • Master of Arts (M.A.)
  • Master of Science (M.S.)
  • Master of Business Administration (MBA)
  • Master of Fine Arts (MFA)
Undergraduate Diploma

The average Master's Degree salary is approximately $69,000 .