Saturday, June 20th, 2009 | Author: admin

 ClickNSmart Team

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How important is getting a professional degree (e.g. MBA, M.D or J.D) for your career? I would say it is very important nowadays. This is one way to differentiate yourself in the crowded job marketplace. Today in order to live a decent lifestyle, at least a college degree is a must; sometimes it’s not even enough if you’re living in a high living cost areas, such as: New York, Los Angeles, Tokyo and London. Therefore, getting a professional education may make more sense now than ever before. Earning a professional degree requires a lot of commitments, such as: time and money; however, it is worth the investment if you’re considering the long term impact this degree will have in your career.

Cosider the following tables that shows the median annual salary of common occupations by people with professional degrees, such as: MBA, M.D and J.D

median-earnings1

Of course the occupations above are not entry-level jobs, but rather a long-term career that requires not only a certain professional degree, but also work experiences as well. When consider getting a professional degree, you need to evaluate your interest. If you’re interested in going into the corporate world, then an MBA might be the best choice for you. If you’re interested in the medical field and you have a strong background in science, then an M.D might be a better option. However, if you’re interested in the field of intellectual property and business law, then you may want to consider a hybrid joint MBA/J.D degree, in which some universities may offer.

Although money is the main motivator for many people; however,interest is what determines a success in your long-term career. Therefore, taking some time off from school and get some work experience after getting your undergraduate degree might be a good choice for some of you; this way, you can evaluate which professional degree is more suitable for you.

A good friend of mine recently pursues two simultaneous Master degrees: Master in Business Administration (M.B.A) and M.S in Applied Physics. When I asked why he decides to pursue this. He simply reply, “I would like to have a career as a manager in a high-technology company later on after I graduate. Therefore I need both a broad knowledge in business and also an in-depth knowledge in high technology area (e.g. superconductor & electronic material processing).”  My friend clearly works hard in pursuing his career goal. No matter how difficult the challenges may be, differentiating yourself is the key for success.

Written by ClickNSmart Team

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4 Responses

  1. This is good article.
    Now I definitely consider going to Medical School.

    Thanks

  2. 2
    Jeffdylan 
    Monday, 22. June 2009

    I am glad to find this article..
    It’s good to know that my decision to go to MBA is the right move.

    If you’re like me trying to decide whether to go to MBA or Law School, I definitely recommend you reading this article.

    Thanks

  3. 3
    acorrea02 
    Monday, 22. June 2009

    If you get an MBA you are overqualified but if you don’t get it they (employers, friends, family, business magazines) tell you that you need one to be succesful.
    Also, everyone is offering MBA programs online and it is easier to get one without even leaving home. it is crazy. how can you be a future leader without even interacting with people or instructors?

  4. All these fields are currently crowded except medicine. Nobody knows what it will look like 5 years down the road. As a JD, I can tell you that there just aren’t any jobs for lawyers right now and many are wondering whether all the new lawyers on the market right now will make it difficult for future lawyers to find jobs. I have a secure job, but decided a few years back to pursue an MBA to make myself more marketable. I’m glad I did it, but it really isn’t necessary unless you find yourself working in the corporate legal department of some large corporation (which I do).
    Law and business are cutthroat fields and you can’t count on high pay.
    The medical field may be changing rapidly and it may be exciting to be involved in the evolution.

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