Is the Master worth it?

Do I need a master’s degree for starting a career?

Those who simply can not get enough after completing their bachelor’s degree probably think about a master’s degree. But does it pay off professionally and financially? Alexander Lemonakis and Ann-Christin von Kieter provide experts with the master’s questions.

Do I have better entry chances into the job with a master?

Basically, you can start the professional life with a bachelor’s degree from the University of Applied Sciences rather than with a bachelor’s degree from the university University graduates are usually expected to have a master or study-related practical experience. ”

Annedore Bröker, Consultant “Team Academic Professions”, Hamburg Employment Agency

“Overall, you can not say that the entry level is better with the Master, it depends not only on the university degree, but also on the work experience.After gaining some practical experience during his studies, this is certainly of great advantage. In particular, humanities scholars benefit from internships and student work activities. “

Marc Fröhlking from the UNICUM Career Center

In which study programs is a master virtually a must?

“An absolute must is the Master in Chemistry, Biology, Physics, Math, Computer Science and Earth Sciences.”

Annedore Bröker, Consultant “Team Academic Professions”, Hamburg Employment Agency

“A ‘must do’ is usually a master’s degree in state regulated professions, including teaching and psychology, and a science or research career is almost impossible without a master’s degree.”

Dorothee Fricke, Speaker of the European Rectors’ Conference (HRK)

Does the master bring more money?

“Every second company has roughly equal salaries for bachelor and masters, and bachelor graduates do not stay in the starting salary, and after three to five years of work, their salary is between 40,000 and 50,000 euros for just under half of the companies.”

Christiane Konegen-Grenier, Institute of Business

“Graduates have the advantage of being on average three years younger, and by the time the Masters enter the profession, Bachelors already have a head start on professional experience equalize by doing so. “

Henning Dettleff of the Confederation of Employers’ Associations (BDA)

“Our research suggests that the return on a Master’s program is between 10 and 18 percent in the majority of students, and there are significant individual differences and some can generate even higher returns.”

PD Dr. Friedhelm Pfeiffer, Center for European Economic Research GmbH (ZEW) Mannheim

“The 2017 StepStone Salary Report shows that a Master’s degree is financially worthwhile: Master’s graduates earn an average of five percent more, Masters graduates average gross annual salaries of around € 64,880, and professionals with a Bachelor earn an average of € 61,940, depending on the industry and size of the company Discrepancies are possible Our last salary report specifically for graduates shows that a master’s degree also affects the starting salary. “

Am I eligible for a master’s degree?

“Whether one should choose a second degree depends on personal interests, and those who are tormented at the university or who want to put their knowledge into practice at an early stage should get into the economy as quickly as possible.”

Stephan Pfisterer, Head of Education and Human Resources at BITKOM

“Anyone who feels that they have coped well in school and undergraduate studies, who enjoys studying or who is passionate about studying, will probably also be suitable for a master’s degree program, plus those whose thirst for knowledge has not yet been satisfied as well as those who want to be at the top in terms of salary or professional status. “

PD Dr. Friedhelm Pfeiffer, Center for European Economic Research GmbH (ZEW) Mannheim

Do I have any advantages in the job market with every master?

“As part of the Bologna reform, the supply of study programs has developed very dynamically, one should pay attention to the ‘utilisability’ of his degree in the labor market.Bachelor students who would like to take up a Master’s degree should, among other things, before choosing a degree to deal with its practicality. “

Julia Flasdick, Head of Unit University Policy, Chamber of Industry and Commerce e. V.

Does it make a bad impression if I stay at my university?

“Not necessarily, but the transition from undergraduate to postgraduate is a good fit for a change of university – perhaps even abroad – which master suits best depends on the desired profile, and those who only look around at their home university will be given real opportunities. “

Dorothee Fricke, Speaker of the Rectors’ Conference (HRK)

Can I take a masters degree from the university of applied sciences?

“In principle, you can apply for a master’s degree at the university with a bachelor’s degree from the FH, but you should first inform yourself in detail about the admission requirements, such as the mathematical part in university studies is generally higher than in the economics This can be a criterion for the exclusion of the Master’s Admission, even if you have a similar module at the FH, the learning outcomes may differ. “

Dorothee Fricke, Speaker of the Rectors’ Conference (HRK)

What is the master compared to the diploma?

“It is crucial for companies that the qualification profile is fulfilled and that the applicant fits the job: It is confirmed that the Master of Science in engineering is regarded by companies as equivalent to a Diplom-Ingenieur Brand unbroken with a great reputation and acceptance. You just know who you are standing in front of you. “

Venio Piero Quinque, Managing Director TU9 (Alliance of leading technical universities in Europe)

Does it make sense to write my master’s thesis in a company?

“Students can not start early enough to get in contact with companies – and thus possibly their future employers – in addition to internships, graduation is an excellent way to explore the labor market and their own employment opportunities at an early stage Students and offer a variety of cooperation opportunities. “

Julia Flasdick, Head of Unit University Policy, Chamber of Industry and Commerce e. V.

“Those who write their master’s thesis in a company already have a foot in the door, the opportunity to make contacts and leave a good impression.” The probability of starting a trainee program or direct entry increases enormously Take a picture of the company and decide for yourself whether it will be suitable for later employment, so the recommendation clearly goes for a master’s thesis in the company with a topic that is relevant there. “