Masters cash may be better spent on travel

Posted on December 30, 2009


Graduates who stayed on at university to do a masters degree with the aim of making themselves more employable might have been better off spending the money on travel.

That is the view of some recruitment experts and employers who say that it has become more difficult for candidates to differentiate themselves, and that further qualifications are unlikely to help.

So many graduates have a 2:1 that a good education is a given rather than a differentiator. And with fewer graduate jobs this year, experts say too many people are staying on to do a masters.

A postgraduate qualification is also unlikely to increase pay, according to Phillip Lane of Citybased marketing recruiter Penna Barkers.

‘Most employers do not pay a premium for a masters, so graduates won’t get a return on their investment,’ he says.

Posted in: Education, Employment