Benjamin Franklin famously said: “An investment in knowledge pays the best interest.” The correlation between a good education and career advancement is no secret. And now there’s more evidence backing the advantages of an advanced degree.
According to the recently released Monster Salary Index, higher education, especially a master’s degree, provides a significant wage advantage in India. “On average, employees holding a bachelor’s degree earn Rs 173.7 less per hour (45.4%) than employees with master’s degree. Employees with secondary education earn even less, exactly Rs 262.8 less per hour (69.2%),” the report specifies.
In previous years 2014 and 2015, the difference between secondary education and master’s degree employee was around 61%.
Being a continuous learner, be it by acquiring certifications, earning diplomas, degrees or an executive education, adds immense value to you and your career.
We list down 5 ways an advanced degree can help push forward your career: