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Professionals Would Prefer Online Masters Programs Over Masters Degrees, Here’s Why

Professionals Would Prefer Online Masters Programs Over Masters Degrees, Here’s Why

With the introduction of the digital age, people have begun relying on the internet to fulfill more and more of their needs. This has led to industries hustling and bustling towards digital transformation.

The education industry, too, has begun to appear on the medium in the form of online training. Initially, online education was considered inferior to traditional degrees. Employers rarely accepted online degrees as equal to a degree from a reputed brick and mortar school. However, online courses seem to be taking the front seat in the race for the most preferred, blurring the fine line between traditional and online.

With employers demanding more refined and up-to-date skills from employees, the demand for online programs has increased in popularity. In fact, within the United States itself, 6.7 million students enrolled in at least one online course in the fall of 2011 – an increase of more than 500,000 students when compared to 2010. Online learning has become the new form of education, and here are 4 important reasons why.

1. It is cost efficient

According to a study by FinAid.org, the average cost of a Masters degree is somewhere between $30,000 and $120,000. The cost varies depending on the field of study of the degree and the university where the degree is taken.

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This humongous cost makes it extremely hard for students to meet financial requirements, leading them to take on loans and debt. Recent reports show that loan debt in the US alone is mind-boggling. Here are the numbers:

  • $1.26 trillion in total US student loan debt
  • 43.3 million Americans with student loan debt
  • Student loan delinquency rate of 11.6%
  • Average monthly student loan payment (for borrowers aged 20 to 30 years): $351
  • Median monthly student loan payment (for borrowers aged 20 to 30 years): $203

With online training, you won’t have to sell any of your organs to get an education. The price of online education is three times cheaper when compared to the cost of a traditional brick and mortar school, making it affordable and cost efficient. Plus, you won’t have to fly halfway across the world to get your education.

Comparing costs with on-campus programs varies drastically as well.

The 2-year MS in Project Management program at George Washington University costs US$57,600. At the University of Sydney, the 1.5-year Master of Project Management program costs $34,000, roughly US$26,000 for a year alone. These are both on-campus programs.

Guess how much Simplilearn’s Project Management Expert Masters Program costs – you won’t believe it.

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    2. The Job Market Benefit – Becoming job-ready

    You spend 2 years working your butt off understanding a subject, attending seminars, working through internships, and slogging for exams for what exactly? The hope that you may have the chance to sit for an interview? Well, here’s some news: traditional education does not guarantee a job!

    According to an article by Forbes, in 2008 over 35% of college graduates were underemployed. In addition, 22% of PhDs or similar professional degree holding professionals and 59% of people with Masters degrees did not have jobs.

    In June 2013, the Federal Reserve Bank of New York reported that a whopping 44% of graduates were underemployed.

    This data shows that a Masters degree cannot guarantee you a job. Yes, it is valuable. Yes, 1 out of 3 employers prefer a Masters degree. However, where it lacks is the fact that it does not provide a defined layout of training. These professionals are exposed to various areas of many domains, confusing them and giving them half-baked knowledge and skills.

    Online training courses, however, provide a student with job-oriented training. What this means is that if you take a program like the Simplilearn’s Data scientist Masters Program, you get trained solely in the Data scientist & big data domain. You will not defer into other areas, like Digital Marketing, and will learn through a learning path that is the brainchild of the Data scientist industry’s best experts. You will become a thorough master of this domain, which will increase your chances of getting a job by 3 times.

    3. The eligibility criteria

    Yes, we have all heard of the struggles of getting into a brick and mortar school – some of us have even gone through those struggles. Entry requirements can be a massive headache.

    From work experience to academic marks to English requirements, the eligibility criteria of a traditional school can be enough to completely drain an individual and destroy their self-esteem. And even if you try, hoping that the university gives you a little leeway because you’ve written a good statement of purpose or you’ve excelled in one area that will hopefully make up for the rest, you will be burned down. Universities are very strict on who they take in. If they do not feel that you are up to their standard or that you cannot meet their requirements, then you are immediately turned down.

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    This does not hold true for online training or certification. Yes, there may be eligibility requirements, but they are a minimum few compared to that of a traditional brick and mortar school. Most certifications only require some sort of previous work experience.

    4. Convenience

    Traditional brick and mortar schools demand that you learn on-campus. You need to go to a classroom at a fixed time, sit there, listen to a lecture, get your attendance, and then leave. There are no two ways about it. Without your attendance, you won’t pass. And if you don’t pass, you don’t get your certificate. Without your certificate, you are useless to the job market – unless of course you want to become a delivery boy at Dominos. If you have other commitments, like a family or job, you need to put them aside to concentrate on your education.

    Above all else, the factor that truly sets online certifications apart from the rest is flexibility. Online courses provide this one beautiful option where professionals can study at any time that they want. With the coming of the internet, it has become easy to connect. This means opportunities for students around the world to connect with each other and their instructors over the net.

    A few online training institutes allow you create your own study timetable. All you need is an internet connection and a mobile device and you are ready to improve your skills at any time.

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    A Masters degree can take about 2 years (more or less, depending on your specific field) to complete. But a Simplilearn’s Digital marketing specialist Masters Program takes only 6 months to complete.

    With the advent of the digital age, it isn’t going to be long before traditional mediums of educations vanish from the face of the earth. These are just a few of the reasons for you to consider online training today.

    More by this author

    Top 5 Certifications that Will Get You Your Dream Job in IT Industry Professionals Would Prefer Online Masters Programs Over Masters Degrees, Here’s Why Top 8 High-Paying Business And Tech Jobs of 2016 — And How to Get Them!

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    Last Updated on May 22, 2019

    Ditch Work Life Balance and Embrace Work Life Harmony

    Ditch Work Life Balance and Embrace Work Life Harmony

    How do you usually go about your day?

    Do you wake up in the morning, get ready for work, and then spend the whole day looking forward to being at home and unwinding?

    We often hear about work life balance – having a good balance between work and personal time. Whilst this may sound like a smart idea, it can also imply that we should dedicate at least half of our time to work–and sacrifice time for our “personal life”.

    To me, that seems…off balance. Because, the truth is, it’s nearly impossible to split your time equally between the two. And, you may end up stressing out if you’re not able to meet that expectation of balance.

    Instead, why not think of having work life harmony instead?

    With this mindset, you can actually integrate work into your life in a way that feels more complete. This way, you don’t need to view work and having personal time as separate.

    So, how do you achieve work life harmony?

    Work Life Harmony Explained

    The difference between work life balance and work life harmony is pretty simple.With the former, there is an implication that you have to sacrifice your “life” for work. But, this is the worst way to go about things! How can you truly be at peace in life if you dread 8 hours of your day?

    Work life harmony on the other hand, allows your work to be a part of your life. This means that you can choose to be happy both at home, and at work! Work no longer needs to be seen as the ‘bad’ or un-fun activity.

    Having work life harmony also ensures you’re truly present in whatever place you find yourself.

    Just take a look at Jeff Bezos, CEO of Amazon for example.

    He uses a non traditional approach to work by making time for breakfast every morning with his family, doesn’t set his alarm before going to bed, schedules surprisingly few meetings, and still puts aside a few minutes every day to wash his own dishes.

    He believes that all his staff should stop trying to achieve a ‘balance’ in their work and personal lives as that implies a trade off. Instead, he envisions a more holistic relationship between the two.

    As the world’s richest man, he must be doing something right!

    Rethink Time Management

    Now, when we think of striking a balance, we usually associate it with time, don’t we? How much time are we spending at work versus how much time are we spending in our personal lives?Are we taking enough time to be with our loved ones, to do meaningful activities with others or even for ourselves, or are we just dedicating all our time to work?

    This is the so-called-balance that many struggle with.

    With work life harmony, we learn to rethink time management. By re-assessing how you manage your time, you’ll have a lot more of it. It’s incredible how much time can get wasted over the period of a day–especially when you’re not accurately tracking it.

    Unfortunately, unless you’re consciously making an effort, your brain is not always the best at making accurate judgement calls when it comes to prioritizing. It tends to have a bias towards short term benefits and short term costs.

    As there are often many more options our brains link to short term benefit; when you’re trying to focus on a task that gives you a long term benefit, that task usually becomes low priority. This is otherwise known as Priority Chaos.

    In order to overcome this and be in better control of your time, identify the tasks that need the most focus to get accomplished. If it’s a big task, then it’s good to break it down into smaller bite-sized actions that will provide you with a clearer short term benefit.

    When setting up tasks, give yourself a time limit. The brain has a bias towards short term benefits, and your attention span is limited, so if your tasks are going to take ages to complete, you’ll end up losing focus… and wasting time.

    Once you have all your tasks written down, it’s time to prioritize them. Since you have a time limit, your focus should be on the top priority tasks. By doing this, you will already be able to get more done in less time at work!

    Have Passion for What You Do

    Managing your time is important in achieving that work life harmony. But, perhaps of greater importance, is loving what you do in life.One of the most effective ways to achieve a work life harmony is to really enjoy, or find a purpose, in what you do for a living. Even though everyone isn’t always lucky enough to find a position that pays them for pursuing their passion, you can strive to find meaning in what you are already doing, or pursue something new entirely!

    For example, say you work at an office that sells paper. While many people wouldn’t consider this a world changing pursuit, I beg to differ. Think of all the individuals in the world that rely on paper. From creative types to quantum physics experts, your role at your workplace brings incredible value to many many people all over the world. You will have, without a doubt, helped bring a new idea into existence. Several new ideas to be precise.

    So have a think about what you’re doing now. Is it something that allows you to embrace your passion?

    Or perhaps you might not even know what it is that you love or enjoy doing. Why not explore and reflect on what gives you joy and contentment? Is there an area or industry that you could see yourself exploring to experience that fulfillment?

    Can you find a deeper purpose in what you’re already doing?

    When you’re able to find meaning in your work, you’re that much closer to achieving work life harmony.

    Don’t Be Intimidated By Obstacles and Limitations

    Creating work life harmony is also about understanding yourself–which includes your limitations and past obstacles–as this allows you to become more resilient.

    If you never had to experience struggles, challenges or setbacks, then you would never be forced to adapt and mature. So in theory, having to face obstacles in life is actually quite necessary.

    Most of us think of setbacks and obstacles as negative. Though, if you’re able to maintain an optimistic attitude, you’ll almost always have a higher chance of success of overcoming those obstacles to reach your eventual goal.

    Your attitude towards setbacks will define the outcome of whether you rise from the challenge or remain stuck in it. So, in order to achieve work life harmony, it’s important to have a resilient attitude as challenges will always come your way–especially when you strive to integrate work into your life, and not a separate or dominant part of life.

    Delegate When You Need To

    Of course, when you want to increase productivity and minimize the time or effort spent, a great way to do so is to delegate!

    If you spend a lot of time doing tasks on your own that could be delegated to others (whether at work or at home) you’re losing a lot of precious free time that could otherwise be spent elsewhere.

    At the end of the day, we all have a limited amount of time. So we should all be striving to create a harmonious work and living situation where we can find meaning in all that we do.

    While an overall goal may be meaningful, not all of the milestones or tasks needed to get there may be meaningful. That’s because we have our strengths and weaknesses, likes and dislikes. Not every task is going to be enjoyable or easy to complete. That’s where delegation comes in.

    Delegation simply allows you to leverage time from an external source, thus giving you opportunities to increase your own quality of time. Keep in mind that delegation should be done with deliberate attention, otherwise you may end up over relying on others.

    If you find that you’re running into the problem of over delegating, then it may be time to re-evaluate your motivation for doing whatever it is that you’re doing.

    Embrace the Circle and Become Happier and More Productive

    Living in harmony is about feeling good about the ways in which you spend your time, despite how busy you may be.Your switch from work mode to a more personal mode should be effortless. It’s about integrating your personal life and the things you love into your busy work life!

    It all begins with the shift in perspective. Understanding what your passions are, and learning to be resilient, before taking a different approach to the way you manage your time and everyday tasks.

    These are steps that you can start taking to move away from balance to harmony. 

    Featured photo credit: Photo by Marten Bjork on Unsplash via unsplash.com

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