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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 September 11, 2019

    Why To-Do Lists Don’t Work (And How to Change That)

    Why To-Do Lists Don’t Work (And How to Change That)

    How often do you feel overwhelmed and disorganized in life, whether at work or home? We all seem to struggle with time management in some area of our life; one of the most common phrases besides “I love you” is “I don’t have time”. Everyone suggests working from a to-do list to start getting your life more organized, but why do these lists also have a negative connotation to them?

    Let’s say you have a strong desire to turn this situation around with all your good intentions—you may then take out a piece of paper and pen to start tackling this intangible mess with a to-do list. What usually happens, is that you either get so overwhelmed seeing everything on your list, which leaves you feeling worse than you did before, or you make the list but are completely stuck on how to execute it effectively.

    To-do lists can work for you, but if you are not using them effectively, they can actually leave you feeling more disillusioned and stressed than you did before. Think of a filing system: the concept is good, but if you merely file papers away with no structure or system, the filing system will have an adverse effect. It’s the same with to-do lists—you can put one together, but if you don’t do it right, it is a fruitless exercise.

    Why Some People Find That General To-Do Lists Don’t Work?

    Most people find that general to-do lists don’t work because:

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    • They get so overwhelmed just by looking at all the things they need to do.
    • They don’t know how to prioritize the items on list.
    • They feel that they are continuously adding to their list but not reducing it.
    • There’s a sense of confusion seeing home tasks mixed with work tasks.

    Benefits of Using a To-Do List

    However, there are many advantages working from a to-do list:

    • You have clarity on what you need to get done.
    • You will feel less stressed because all your ‘to do’s are on paper and out of your mind.
    • It helps you to prioritize your actions.
    • You don’t overlook so many tasks and forget anything.
    • You feel more organized.
    • It helps you with planning.

    4 Golden Rules to Make a To-Do List Work

    Here are my golden rules for making a “to-do” list work:

    1. Categorize

    Studies have shown that your brain gets overwhelmed when it sees a list of 7 or 8 options; it wants to shut down.[1] For this reason, you need to work from different lists. Separate them into different categories and don’t have more than 7 or 8 tasks on each one.

    It might work well for you to have a “project” list, a “follow-up” list, and a “don’t forget” list; you will know what will work best for you, as these titles will be different for everybody.

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    2. Add Estimations

    You don’t merely need to know what has to be done, but how long it will take as well in order to plan effectively.

    Imagine on your list you have one task that will take 30 minutes, another that could take 1 hour, and another that could take 4 hours. You need to know the moment you look at the task, otherwise you undermine your planning, so add an extra column to your list and include your estimation of how long you think the task will take, and be realistic!

    Tip: If you find it a challenge to estimate accurately, then start by building this skill on a daily basis. Estimate how long it will take to get ready, cook dinner, go for a walk, etc., and then compare this to the actual time it took you. You will start to get more accurate in your estimations.

    3. Prioritize

    To effectively select what you should work on, you need to take into consideration: priority, sequence and estimated time. Add another column to your list for priority. Divide your tasks into four categories:

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    • Important and urgent
    • Not urgent but important
    • Not important but urgent
    • Not important or urgent

    You want to work on tasks that are urgent and important of course, but also, select some tasks that are important and not urgent. Why? Because these tasks are normally related to long-term goals, and when you only work on tasks that are urgent and important, you’ll feel like your day is spent putting out fires. You’ll end up neglecting other important areas which most often end up having negative consequences.

    Most of your time should be spent on the first two categories.

    4.  Review

    To make this list work effectively for you, it needs to become a daily tool that you use to manage your time and you review it regularly. There is no point in only having the list to record everything that you need to do, but you don’t utilize it as part of your bigger time management plan.

    For example: At the end of every week, review the list and use it to plan the week ahead. Select what you want to work on taking into consideration priority, time and sequence and then schedule these items into your calendar. Golden rule in planning: don’t schedule more than 75% of your time.

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    Bottom Line

    So grab a pen and paper and give yourself the gift of a calm and clear mind by unloading everything in there and onto a list as now, you have all the tools you need for it to work. Knowledge is useless unless it is applied—how badly do you want more time?

    To your success!

    More to Help You Achieve More in Less Time

    Featured photo credit: Emma Matthews via unsplash.com

    Reference

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