Is A Master’s Degree Worth It?

Considering a business master’s degree? We weigh up graduate employability, study experience, and return on investment and tell you whether a master's program really is worth it

Master’s degree | Return on investment

Given the cost and time commitment of master’s, candidates are well aware of getting a return on investment. There are a few different ways of measuring this. 


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Source: Financial Times Rankings 2020


Salary is one. This tends to dominate the focus of main master’s program rankings, which undoubtedly reflects the ambition of many candidates to attain high earning jobs. At EDHEC, Master’s in Management graduates can expect to earn on average $78,607 within three years of graduation; for Master of Finance graduates, this is as high as $97,331. 

“If a student does want to maximise their starting salary, they are able to do so to following a masters at EDHEC,” Jerome says. 

A better measure, Jerome believes, is something that rankings don’t measure—a return on happiness. This is obviously different for every candidate, but could include any combination of salary, job position, industry, and job location. 

Master’s graduates have a wide variety of industries to choose from, from consulting to investment banking to the public sector, while many even go on to set up their own business.

Given the many opportunities available for master’s graduates, both in terms of skills, networking, and career paths, happiness and satisfaction seems to be a likely outcome.