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Master's vs PhD | A Complete Guide to the Differences

Published on November 27, 2020 by Lauren Thomas . Revised on May 10, 2024.

The two most common types of graduate degrees are master’s and doctoral degrees:

  • A master’s is a 1–2 year degree that can prepare you for a multitude of careers.
  • A PhD, or doctoral degree, takes 3–7 years to complete (depending on the country) and prepares you for a career in academic research.

A master’s is also the necessary first step to a PhD. In the US, the master’s is built into PhD programs, while in most other countries, a separate master’s degree is required before applying for PhDs.

Master’s are far more common than PhDs. In the US, 24 million people have master’s or professional degrees, whereas only 4.5 million have doctorates.

Table of contents

Master’s vs phd at a glance, which is right for you, length of time required, career prospects, costs and salaries, application process, other interesting articles, frequently asked questions about master's and phd degrees.

The table below shows the key differences between the two.

Master’s PhD
Career prospects Usually intended for a career outside of academia. Prepares for a research career, ideally as a university professor.
Length of time 1–2 years 5–7 in the US (master’s degree included); 3–5 outside the US (after a separate master’s degree)
Structure Mostly coursework, often with a semester-long or capstone project at the end. 2 years of coursework (in the US), followed by 3–5 years of preparing a dissertation, which should make a significant original contribution to current knowledge.
Cost Varies by country, university and program; usually higher upfront cost with limited financial aid available. Tuition fees are usually waived and a living stipend provided in exchange for being a teaching or research assistant.
Graduate salaries Wage premium (compared to earnings with a high school education) is 23% on average. Wage premium is 26% on average.

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2 masters degree vs. phd

A PhD is right for you if:

  • Your goal is to become a professor at a university or some other type of professional researcher.
  • You love research and are passionate about discovering the answer to a particular question.
  • You are willing to spend years pursuing your research even if you have to put up with a lot of dead ends and roadblocks.

A master’s degree is the better choice if any of the following apply:

  • You want to continue studies in your field, but you’re not committed to a career as a professional researcher.
  • You want to develop professional skills for a specific career.
  • You are willing to pay a higher upfront cost if it means finishing with your degree (and thus being able to work) much faster.
  • You want the option to study part-time while working.

The length of time required to complete a PhD or master’s degree varies. Unsurprisingly, PhDs take much longer, usually between 3–7 years. Master’s degrees are usually only 1–2 years.

Length of a master’s

Master’s degrees are usually 2 years, although 1-year master’s degrees also exist, mainly in the UK.

Most of the degree consists of classes and coursework, although many master’s programs include an intensive, semester-long master’s thesis or capstone project in which students bring together all they’ve learned to produce an original piece of work.

Length of a PhD

In the US, a PhD usually takes between 5 and 7 years to complete. The first 2 years are spent on coursework. Students, even those who choose to leave without finishing the program, usually receive a master’s degree at this point.

The next 3–5 years are spent preparing a dissertation —a lengthy piece of writing based on independent research, which aims to make a significant original contribution to one’s field.

Master’s degrees tend to prepare you for a career outside of academia, while PhDs are designed to lead to a career in research.

Careers for master’s graduates

There are two types of master’s degrees: terminal and research-intensive. The career prospects are different for each.

Terminal master’s degrees are intended to prepare students for careers outside of academia. Some degrees, known as professional degrees, specifically prepare students for particular professions; these include the Master of Public Policy (MPP), Master of Business Administration (MBA), Doctor of Physical Therapy (DPT), Master of Fine Arts (MFA), and Master of Public Health (MPH) degrees.

Other master’s degrees, usually Master of Arts (MA) or Master of Sciences (MS or MSc) degrees, do not necessarily lead to a specific career, but are intended to be a final degree. Examples include an MS in Communications or MS in Data Analytics.

In research-intensive master’s programs, students take coursework intended to prepare them for writing an original piece of research known as the master’s thesis . Such programs are usually intended to prepare for further study in a doctoral program.

Careers for PhD graduates

As research degrees, PhDs are usually intended to lead to an academic career. A PhD can be thought of like an apprenticeship, where students learn from professional researchers (academics) how to produce their own research.

Most students aspire to become a university professor upon the completion of their degree. However, careers in academia are highly competitive, and the skills learned in a doctoral program often lend themselves well to other types of careers.

Some graduates who find they prefer teaching to producing research go on to be teachers at liberal arts colleges or even secondary schools. Others work in research-intensive careers in the government, private sector, or at think tanks.

Below are a few examples of specific fields and non-academic careers that are common destinations of graduates of those fields.

  • Computer Science
  • Lab Sciences

Many government jobs, including economists at a country’s central bank, are research-intensive and require a PhD. Think tanks also hire economists to carry out independent research.

In the private sector, economic consulting and technology firms frequently hire PhDs to solve real-world problems that require complex mathematical modeling.

Graduate students from the humanities are sometimes hired by museums, who can make use of their research and writing skills to curate exhibits and run public outreach.

Humanities PhDs are often well-suited to research and grant-writing roles at nonprofits. Since so much of research is funded by grants, PhD students often gain a lot of experience applying for them, which is a useful skill in the nonprofit sector.

There are a wide range of non-academic research jobs for lab scientists with doctorates in subjects like chemistry, biology, ecology and physics.

Many PhD graduates are hired by pharmaceutical companies that need to perform research to create and test their products. Government agencies, such as the Environmental Protection Agency (EPA), also hire lab scientists to work on research projects.

Job prospects after graduation vary widely based on the field. In fields like management, computer science, statistics, and economics, there’s little underemployment—even graduates from less well-known programs can easily find jobs that pay well and use the skills they’ve gained from the PhD.

However, in other fields, particularly in the humanities, many PhD graduates have difficulty in the job market. Unfortunately, there are far more PhD graduates than assistant professor roles, so many instead take on part-time and low-paid roles as adjunct instructors. Even non-academic careers can sometimes be difficult for PhDs to move into, as they may be seen as “overqualified”  or as lacking in relevant professional experience.

Because career options post-PhD vary so much, you should take the time to figure out what the career prospects are in your field. Doctoral programs often have detailed “placement” records online in which they list the career outcomes of their graduates immediately upon leaving the program. If you can’t find these records, contact the program and ask for them—placement information should play an important role in your choice of PhD program.

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Although PhDs take far longer to complete, students often receive a living stipend in exchange for being a teaching or research assistant. Master’s degrees are shorter but less likely to be funded.

Both master’s degrees and PhDs lead to increased salaries upon graduation. While PhDs usually earn a bit more than those with a master’s degree, in some fields, the wages are identical, meaning that no financial benefit is gained from going on to a PhD.

Cost of a master’s

The upfront cost of a master’s degree is usually higher than a doctoral degree due to the lower amount of financial aid available. However, increased salaries also arrive faster than with a doctoral degree, because people graduate much earlier from a master’s program.

Some master’s students do receive stipends for their degrees, usually as compensation for being a teaching or research assistant. In addition, many people complete master’s degrees part time while working full-time, which allows them to fund their living costs as well as tuition.

The cost varies significantly by school and program. Public schools are usually cheaper than private ones. Some master’s degrees, such as MBAs, are notoriously expensive, but also result in much higher wages afterwards that make up for the high cost.

The master’s wage premium , or the extra amount that someone with a master’s degree makes than someone with just a high school diploma, is 23% on average. Many universities provide detailed statistics on the career and salary outcomes of their students. If they do not have this online, you should feel free to contact an administrator of the program and ask.

Cost of a PhD

PhDs, particularly outside the humanities, are usually (though not always) funded, meaning that tuition fees are fully waived and students receive a small living stipend. During the last 3–5 years of a PhD, after finishing their coursework (and sometimes before), students are usually expected to work as graduate instructors or research assistants in exchange for the stipend.

Sometimes students can apply for a fellowship (such as the National Science Foundation Graduate Research Program in the United States) that relieves them of any obligations to be a teaching or research assistant. Doctoral programs in the US tend to be better funded than in the rest of the world.

Sometimes, PhD degrees can be completed part-time, but this is rare. Students are usually expected to devote at least 40 hours a week to their research and work as teaching or research assistants.

The main cost of doctoral programs comes in the form of opportunity cost—all the years that students could be working a regular, full-time job, which usually pays much better than a graduate school stipend.

The average wage premium for PhDs is 26%, which is not much higher than the master’s degree premium.

In the US, the application process is similar for master’s and PhD programs. Both will generally ask for:

  • At least one application essay, often called a personal statement or statement of purpose .
  • Letters of recommendation .
  • A resume or CV .
  • Transcripts.
  • Writing samples.

Applications for both types of programs also often require a standardized test. PhDs usually require the Graduate Record Examination (GRE), which tries to measure verbal reasoning, quantitative, critical thinking , and analytical writing skills. Many master’s programs require this test as well.

Applying for a master’s

Master’s degrees programs will often ask you to respond to specific essay prompts that may ask you to reflect upon not just your academic background, but also your personal character and future career ambitions.

Northwestern University’s Kellogg Business School requires Master’s of Business Administration (MBA) applicants write two essays, one about a recent time they demonstrated leadership and the second about their personal values.

Who you should ask for your letters of recommendation varies by program. If you are applying to a research-intensive master’s program, then you should choose former professors or research supervisors. For other programs, particularly business school, current work supervisors may be a better choice.

Some professional master’s programs require a specific test. For example, to apply to law school, you must take the Law School Admissions Test, or LSAT. For business school, you must take either the GRE or the Graduate Management Admissions Test (GMAT).

Applying for a PhD

When applying for a PhD, your resume should focus more on your research background—you should especially emphasize any publications you’ve authored or presentations that you’ve given.

Similarly, your statement of purpose should discuss research that you’ve participated in, whether as an assistant or the lead author. You should detail what exactly you did in projects you’ve contributed to, whether that’s conducting a literature review, coding regressions, or writing an entire article.

Your letters of recommendations should be from former professors or supervisors who can speak to your abilities and potential as a researcher. A good rule of thumb is to avoid asking for recommendations from anyone who does not themselves have a PhD.

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A master’s is a 1- or 2-year graduate degree that can prepare you for a variety of careers.

All master’s involve graduate-level coursework. Some are research-intensive and intend to prepare students for further study in a PhD; these usually require their students to write a master’s thesis . Others focus on professional training for a specific career.

A PhD, which is short for philosophiae doctor (doctor of philosophy in Latin), is the highest university degree that can be obtained. In a PhD, students spend 3–5 years writing a dissertation , which aims to make a significant, original contribution to current knowledge.

A PhD is intended to prepare students for a career as a researcher, whether that be in academia, the public sector, or the private sector.

This depends on the country. In the United States, you can generally go directly to a PhD  with only a bachelor’s degree, as a master’s program is included as part of the doctoral program.

Elsewhere, you generally need to graduate from a research-intensive master’s degree before continuing to the PhD.

This varies by country. In the United States, PhDs usually take between 5–7 years: 2 years of coursework followed by 3–5 years of independent research work to produce a dissertation.

In the rest of the world, students normally have a master’s degree before beginning the PhD, so they proceed directly to the research stage and complete a PhD in 3–5 years.

A master’s degree usually has a higher upfront cost, but it also allows you to start earning a higher salary more quickly. The exact cost depends on the country and the school: private universities usually cost more than public ones, and European degrees usually cost less than North American ones. There are limited possibilities for financial aid.

PhDs often waive tuition fees and offer a living stipend in exchange for a teaching or research assistantship. However, they take many years to complete, during which time you earn very little.

In the US, the graduate school application process is similar whether you’re applying for a master’s or a PhD . Both require letters of recommendation , a statement of purpose or personal statement , a resume or CV , and transcripts. Programs in the US and Canada usually also require a certain type of standardized test—often the GRE.

Outside the US, PhD programs usually also require applicants to write a research proposal , because students are expected to begin dissertation research in the first year of their PhD.

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Should I Pursue A Master’s or A Ph.D.?

Shot of back of graduate looking into the distance with chin resting on hand at hooding ceremony

The first step in deciding on the right graduate program for you is to figure out which degree will best serve you—a master’s or a doctor of philosophy (Ph.D.). Here are a few factors to consider.

What are your career goals?

  • Professional master’s: A good choice if you want to develop a particular skill set in order to practice a particular profession. This type of degree provides coursework focused on learning and practicing skills.
  • Research master’s: A good fit if you want to gain expertise in a discipline and know how to teach it. A research master’s typically includes a research project or thesis and comprehensive exams in addition to coursework and provides experience in research and scholarship.
  • Ph.D. (doctor of philosophy): Consider this option if your goal is to ground yourself in a body of research and develop the ability to add to that body of knowledge. Ph.D. study includes a major research project in addition to coursework, and a Ph.D. is the highest scholastic degree awarded by American universities. Contrary to common perception, career paths for Ph.D. graduates are quite varied, not just limited to academia. Ph.D. training helps you hones skills such as writing, research, teaching, data analysis, communicating complex topics—all of which can translate into many sectors, including industry, government, nonprofit, and entrepreneurship.

See career data for Duke graduate programs' alumni

How much time do you have to pursue a graduate degree?

Master’s degrees typically take two years to complete, while Ph.D. programs generally take five to seven years ( see Duke programs' time-to-degree ). That is a significant difference in commitment and opportunity costs. It might also play a key role in deciding which factors take higher priority as you evaluate a program. How does the length of the program fit with your career and family plans? How important is the surrounding community if you are going to be there for seven years instead of two? How long are you able or willing to go on a limited income while in graduate school?

How much can you afford to pay for a graduate degree?

Consider your personal financial situation (e.g., how much savings and student loans do you have), as well as how much financial aid you can get. Master’s and Ph.D. programs differ greatly in the amount of financial aid available. Ph.D. programs tend to offer significantly more financial support than master’s programs (but often will have research or teaching requirements). 

A typical Ph.D. financial aid package usually includes coverage of tuition and fees, a living stipend, and some level of support for health insurance for a set number of years. For instance, Duke’s standard Ph.D. package covers tuition, mandatory fees, and a stipend for five years, as well as health insurance premiums for six years. 

Within an institution, the level of financial support often differs across programs, so be sure to ask your specific program about the financial aid it offers. There are also many national organizations that provide competitive fellowships and scholarships for graduate students.

Know which degree you want to pursue? Here are some key things to look for in a program .

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Demystifying Graduate Degrees: Comparing Master’s vs. Doctorate

2 masters degree vs. phd

You want a graduate degree — to continue exploring your passions, make discoveries or advance your career — but how do you turn that decision into a plan?

It starts with understanding the difference between a master’s and a PhD in your field. They differ in length, intensity, curriculum and career paths, so you’ll also need a clear idea of why you want to pursue a graduate degree to determine which one you should get.

What Is a Master’s Degree?

If you’ve completed your undergraduate degree, it might be time to ask, “What’s next?”

That’s where Master’s degrees can come in.

Whether you want to specialize in a particular area or get advanced skills in your profession, a master’s degree can help you get there in 1-2 years.

The most common types of master's degrees include:

  • Master of Arts (MA),
  • Master of Science (MS),
  • Master of Business Administration (MBA),
  • Master of Education (MEd),
  • and Master of Fine Arts (MFA). 

What do you learn in a master’s program?

The short answer? A lot.

Master’s degree programs are designed to build on the foundational knowledge gained during your undergraduate studies, and the curriculum focuses on advanced knowledge and skills in a particular field.

Here’s what you can expect to encounter in a master’s program:

Advanced coursework:  Master's programs provide advanced courses that build upon the foundational knowledge gained during your undergraduate studies. These courses delve deeper into specific topics within your field and often explore the latest research and developments. 

Specialization:  One of the primary goals of a master's program is to allow you to specialize in a particular area. Whether pursuing a Master of Arts, Master of Science, or a professional degree like an MBA, you can focus your studies on a specific subfield or concentration within your discipline. 

Research and analysis:   Many master's programs require you to engage in research projects and analytical work. This could involve conducting independent research under the guidance of a faculty advisor or participating in group research projects with fellow students. Through these research experiences, you’ll develop critical thinking and analytical skills, learn how to gather and evaluate relevant data and draw meaningful conclusions.

Practical applications and internships:  Some master's programs incorporate practical training opportunities like internships, practicums, or field experiences; hands-on experiences allow you to apply the knowledge and skills gained in the classroom to real-world settings.

Collaboration and networking:  A Master's program is a rich collaboration and networking environment. Collaborative projects, group discussions, and professional events allow you to exchange ideas and build connections within your field, often leading to long-lasting professional relationships and potential career opportunities.

Thesis project:   Outside of building skills like project management, problem-solving, project management, and effective communication, thesis projects in master's degree programs serve as a cornerstone for building advanced skills, expanding professional networks, and contributing to the body of knowledge in your respective field. 

Why get a master’s degree?

Career advancement: One primary advantage of getting a master’s degree is an edge in the job market. Employers value the specialized knowledge and advanced skills that come with a master’s degree, opening up new and exciting career opportunities.  The cherry on top? Individuals with a master’s degree often earn more than those without an advanced degree — you can take that to the bank, especially if you set yourself up for financial success during your studies. Flexibility: Another aspect to consider is the flexibility that a master’s degree offers. Many programs offer part-time or online options, allowing you to balance your studies with work or other commitments.  This flexibility can be particularly helpful if you’re already established in your career but want to gain additional qualifications.  Growth opportunities: Depending on your field, a master’s degree can be a stepping stone toward a PhD or other doctoral programs. It gives you a solid foundation in research methods and academic rigor — a boon if you want to pursue a career in academia or conduct advanced research.

What is a Doctoral Degree or PhD?

A doctoral degree is a terminal degree — it represents the pinnacle of academic achievement and is the most advanced degree you can attain. Doctoral students want to become authorities in their chosen fields and develop the skills to conduct independent and original research. 

Doctoral programs usually span 3-6 years of full-time study, during which students complete advanced coursework, pass comprehensive examinations, engage in extensive research and ultimately produce a dissertation that contributes new knowledge to the field. 

There are several types of doctoral degrees based on different academic and professional aspirations, including:

  • Doctor of Philosophy (PhD),
  • Doctor of Education (EdD),
  • And Doctor of Psychology (PsyD), among others. 

What do you learn in a doctoral program?

When you successfully defend your dissertation and complete your degree, you also become an expert in your field — but it doesn’t happen overnight. Here's what you can expect to encounter in a doctoral program:

Advanced research: If you’re looking for a hard emphasis on research, a doctoral program is the place to be. Over several years, PhD students engage in extensive research activities — including conducting independent research, producing scholarly publications, and contributing to the knowledge base of their field through original research contributions.

Theoretical and conceptual frameworks:  PhDs are an incredible opportunity to deepen your understanding of theoretical and conceptual frameworks in your field of study. You'll critically analyze existing theories, evaluate their applicability, and develop your theoretical frameworks to advance knowledge and understanding in your chosen area of research.

Advanced methodological training:  Because a dissertation is an original research project, you’ll gain advanced training in research methodologies and data analysis techniques, like designing robust research studies, collecting and analyzing data, and drawing valid and reliable conclusions from your research findings.

Critical thinking and intellectual independence: Both academia and industry employers highly value independent thinkers and workers. Doctoral programs foster critical thinking and intellectual independence by challenging you to evaluate existing research, identify gaps in knowledge, and propose innovative research ideas. Teaching and Mentoring Experience: Being a teacher or mentor is a great opportunity to share your hard-earned knowledge, and universities agree. Doctoral programs often provide opportunities to teach and mentor undergraduate students, develop effective pedagogical skills, and contribute to the academic community.

Dissertation project:  Your dissertation is the culmination of years of hard work within your field. By enrolling in a doctoral program, you’re also given the chance to participate in a significant and original research endeavor that demonstrates the expertise you’ve worked so hard to cultivate.

Why Get a Doctorate?

Having a doctorate doesn’t just open doors; it can kick them down. A doctorate might be right for you if you’re looking for a door to these things:

Expertise and specialization:  Doctoral degrees can be a labor of love. They help you delve deeper into a specific subject area, gaining expertise and specialization.

Research opportunities:  Extensive research training, opportunities for conducting original research, and contributing new knowledge to the academic community — these three things make a doctorate coveted by students, universities, and employers.

Salary potential and career advancement: In some fields, having a doctorate can lead to higher earning potential and increased salary opportunities. According to the U.S. Bureau of Labor Statistics , doctoral degree holders made an average of $1,885 per week in 2020, while master’s degree holders made an average of $1,545 per week.

Contribution to society:  Doctoral research often addresses pressing societal issues, contributing to advancements in technology, healthcare, education, and other areas for the benefit of society — for many students, contributing to the greater good is just as rewarding as career advancement or personal development.

What’s the difference between a dissertation and a thesis?

You might have heard “thesis” and “dissertation” used interchangeably, but they’re not quite the same. Here are the general distinctions to consider:

  • A thesis is usually associated with a master's degree program. Students undertake a research project in the final stage of their degree.
  • It typically involves conducting original research or analyzing existing research to answer a specific research question.
  • The length of a thesis varies based on the field and program requirements, but it’s usually shorter than a dissertation.

Dissertation:

  • A dissertation is typically associated with a doctoral degree program. It is an extensive, in-depth research project that marks the culmination of a doctoral program.
  • in-depth exploration of a research topic
  • comprehensive literature review
  • methodology section
  • data collection and analysis
  • substantive discussion of findings and conclusions.
  • Dissertations are usually longer than theses and may take several years to complete.
  • Once you’ve completed your dissertation, you participate in a formal defense of the research, where you’ll present your findings to a committee of experts in the field.

Key Differences: Master's vs. PhD

Feature:

Master's Degree:

Doctoral Degree:

Time Commitment

1-2 years

4-6+ years

Research

More focused on providing an advanced understanding of established knowledge within a field

Emphasis on creating new knowledge through original research

Capstone

Thesis

Dissertation

Admission Requirements

Less stringent

May require additional materials like recommendation letters, writing samples, and examples of previous research

Career Advancement

Often more geared toward professional practice in various industries

Designed to prepare students for careers in academic research

Deciding Between Master's vs. PhD Programs

“Should I get a master’s degree or a PhD?”

Answering that question can be exciting — and a bit intimidating. You must consider long-term career objectives, personal interests, and the time you can commit. Plus, the level of specialization you wish to achieve based on your career path is also a factor. Typically, a PhD is a prerequisite for those aspiring to research careers in academia, while professional roles in various industries may require only a master's degree. 

It’s still worth noting that students have the option of completing a master's degree first and then, based on their experiences and career aspirations, deciding whether to pursue a PhD.

Find the right graduate degree at SMU 

A graduate degree is a big investment, so investing in the right program is important.

SMU offers a diverse array of master's and PhD programs tailored to align with your unique interests and career goals, and personalized support, from the applicant to the graduate, is always available. 

Whether you're interested in pursuing a PhD in Chemistry or are almost finished with your MBA, we can help you find the right advanced degree.

This could just be the beginning of your journey. Get a closer look at applying to graduate programs of your choice with our guide, How to Get a PhD: A Guide to Choosing and Applying to PhD Programs .

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Doctoral degrees at SMU, and how you can choose the right program and thrive in it, in our Guide to Getting a PhD.

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Master’s vs PhD — These are the Main Differences

Updated: July 18, 2022

Published: October 31, 2019

Master’s-vs-PhD---These-are-the-Main-Differences-

The consideration between earning a master’s vs PhD is not always an easy choice. While many careers and personal aspirations may be complete with just an undergraduate degree (Associate’s or Bachelor’s), a lot of people continue their higher education to obtain graduate degrees. These include a master’s and/or a PhD.

Neither a master’s degree nor a PhD is considered to be a walk in the park. Therefore, it’s useful to understand why you would earn either and then decide how far to go.

2 masters degree vs. phd

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Definitions: master’s vs phd.

Bost a master’s and PhD are defined as postgraduate degrees, but they require different commitments and styles of learning.

1. Master’s Degree:

Mostly all master’s degrees will require the completion of an undergraduate bachelor’s degree to enroll. They generally all share the same common requirement for a thesis or dissertation to graduate.

Earning a master’s degree through a taught program will result in the completion of a Master of Art (MA), Master of Science (MS), or Master of Philosophy (MPhil). For those who earn their master’s degree through research, they will earn a Master of Research (Mre), in a tailored field of study. There are also degree-specific master’s programs like Master of Business Administration (MBA) and Master of Education (M.Ed).

After earning a master’s degree, the next step is a PhD, which entails both working and performing research at an institution. A PhD is an abbreviation for “Doctor of Philosophy.” It is the highest academic degree one can achieve. As such, it is a time-consuming pursuit that requires a lot of studying and research.

You may be wondering, “Do you need a master’s to get a PhD?”

Technically, the answer is not always. Some students skip a master’s and go straight for their PhD, but they may lack research experience. While it could save money, the transition between a bachelor’s and a PhD is incredibly sharp. It may be harder to complete a PhD without the experience from a master’s.

Yet, some institutions may allow for the possibility to earn both your master’s and PhD in conjunction with one another. This will alleviate the transition between skipping a master’s and going straight to earning a PhD.

Should You Get a Master’s or PhD?

There are many considerations to factor when deciding between a master’s of PhD. For starters, it’s useful to consider the amount of time it will take, the cost, and the benefits and disadvantages of each. It is also of utmost importance to explore your own personal goals and reasons for wanting a graduate degree.

If your desired career of choice requires a PhD, like becoming a university professor, then you have your answer. If you want to start a business and benefit by networking while in school, a Master of Business Administration (MBA) could be a good idea. Consider what you want to pursue as a career and find out the requirements first.

Another useful thing to note is that a master’s degree can be used for a shift in careers. For example, if you attended college and earned a bachelor’s degree in humanities, but now you want to pursue science, you can still earn your master’s degree in a scientific discipline. On the other hand, a PhD is tailored to your field of study and specialty, so it will require that you are sure of your direction when you first earn your master’s degree.

Length of Time

A typical master’s degree program takes about two years full-time. However, there are accelerated programs that can be completed in just a year or so.

A PhD, in general, requires five to six years of studying, teaching, and research. However, it may even take some students up to eight or nine years to graduate. With this significant investment in time, it’s necessary to know if a PhD is right for you before starting.

The cost of both programs varies by institution and enrollment status of part-time versus full-time. However, since a PhD takes longer to complete, it will end up costing more. With that said, if you look into your return on investment, a PhD could end up yielding a higher salary, and therefore end up “costing less.”

Additionally, there is also the possibility of being paid to complete your PhD. Some students may receive an academic stipend, a university fellowship or apprenticeship or a reduced fee to earn their PhD while completing research (or teaching) at an institution. It’s also possible to get financial aid through a scholarship or grant.

As tuition rates continue to rise, it’s useful to look into alternative institutions for affordable education. For example, the University of the People offers a tuition-free master’s program in Business Administration and Education. This means you can study 100% online and graduate for less than the cost of most programs.

Weighing the Benefits

When comparing the two degree types, here are some benefits of each:

  • Career-oriented
  • Can open the door for more job opportunities
  • Costs less than a PhD
  • Takes less time than a PhD
  • Helps you stand out from those with only an undergraduate degree
  • You can perform research in your field of choice
  • You become an expert in your field
  • The prefix Dr. is added to your name
  • You can teach in academia at the highest level

Required Commitment and Reasons to Pursue

Both a master’s and a PhD require a huge amount of hard work and utter commitment. You must be dedicated and motivated to complete either degree. Since most careers only may require a bachelor’s degree, having a master’s or PhD will set you apart from the competition. However, this should not be the sole reason to pursue either.

You may be wondering why would you earn either degree. Here’s a look at some motivational factors:

Reasons to Study for a Master’s

  • Your career requires it (see next section)
  • You want to advance your subject knowledge
  • You want to experience graduate school and network with peers

Reasons to Study for a PhD

  • You want to contribute new research to your field of choice
  • Your career requires a PhD
  • You want to earn the title of Dr.

Careers in the medical field often require a PhD

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Required degrees by career.

Most people are motivated to pursue higher education because their desired careers require they do so. Here, we will break down those fields that require the completion of a master’s degree as it’s high on the list of reasons why to get one.

  • Education Administration: To work as an administrator in an educational institution, you need to hold an advanced degree. A Master’s in Education (M.Ed) will provide you with the necessary knowledge and required skills to succeed in the field.
  • Executive Level Business: A Master’s in Business (MBA) will not only place you ahead of the competition to land high-level positions in the field of business, but it can also be the jumping off point for becoming your own boss.
  • Environmental Science: With issues in climate change and technological advancement, careers in Environmental Science are growing. As with most scientific careers, it requires a master’s degree where you will learn Applied Ecology, Environmental Policy, Environmental Chemistry, and more.
  • Mental Health: To become a licensed practitioner and assist in mental health counseling, you will continue your education through a master’s degree in the field.
  • Physical Therapy: Employers of physical therapists often prefer them to obtain a master’s degree in the discipline as the field is highly specialized.

Of course, some careers require a PhD. These careers are easy to spot because they have the prefix Dr. in front of them or the suffix like J.D. (Juris Doctor). To become a lawyer, doctor of medicine, veterinary medicine or psychologist/psychiatrist, you must obtain a PhD in the respective field.

Salary Differences Between Master’s and Ph.D. Graduates

According to a study performed by the Georgetown University Center on Education and the Workforce , the overall evidence shows that the higher the degree you have, the higher your salary potential. However, the differences vary by subject level and field.

In general, the expected lifetime earnings of those with each degree level is as follows:

  • High School Diploma: $973,000
  • Bachelor’s Degree: $1.3 million
  • Master’s Degree: $2.7 million
  • Doctorate Degree: $3.3 million

The Bottom Line

Aside from the financial cost and length of time, the opportunity to earn a master’s and a doctorate degree can offer several benefits.

However, it is an undertaking that requires a lot of dedication and motivation on behalf of the student. As such, it’s important to perform research on your desired career’s requirements, as well as your personal interest in pursuing either a Phd vs master’s.

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Graphic of Balancing Master’s vs PhD

Master’s vs. Ph.D.: What’s the Difference and Which One to Choose?

If graduate school is on your radar, one of the first things to consider is what type of degree you should pursue . While a bachelor’s degree is required for any postgraduate study, many people think you need a master’s to pursue a Ph.D., but that isn’t always the case. While there are benefits to receiving your master’s degree before your Ph.D., it’s not always necessary or required. However, there are important differences to note when deciding which type of program to apply to.

Master’s degree

A master’s degree usually takes about two years to complete full time. There are programs that allow a student to attend on a part-time basis, but that of course extends the completion time. Many master’s programs require a thesis to be completed, but not all. A thesis is a research project that is completed during the final year of a master’s program under the guidance of your program chair or advisor.

Under the master’s umbrella, there are quite a few specific degrees you can obtain. Your professional path will determine which of these you pursue.

  • Master of Arts (MA) is given for disciplines in the arts and social sciences.
  • Master of Science (MS) is given for sciences, health, engineering and statistics.
  • Master of Research (MRes) is focused on training students to become researchers. This is advantageous to a student if they’re pursuing a research-based career or planning to apply for a Ph.D. program.
  • Master by Research (MPhil) is similar to a MRes but is more advanced and focuses on research topics to be explored in depth. It’s often considered a precursor to a Ph.D. program.

Specialized master’s degrees

There are numerous specialized master’s degrees that are categorized by profession. These are often (not always) preceded by some professional experience prior to undertaking these types of advanced degrees.

  • Master of Business Administration (MBA)
  • Master of Library Science (MLS, MLIS, MSLS)
  • Master of Public Administration (MPA)
  • Master of Public Health (MPH)
  • Master of Social Work (MSW)
  • Master of Laws (LLM)
  • Master of Education (MEd, MSEd, MIT, MAEd, MAT)
  • Master of Engineering (MEng)
  • Master of Architecture (MArch)
  • Master of Fine Arts (MFA)
  • Master of Divinity (MDiv)

Ph.D. (Doctor of Philosophy)

There are many Ph.D. programs and, in general, it’s considered the most advanced type of research degree you can obtain. Ph.D. candidates are required to complete a dissertation to obtain their degree. Unlike a thesis, a dissertation is longer and consists of original research conducted throughout the entire doctoral study. In some cases, students may be awarded a stipend, or pay, to complete the doctoral program and dissertation.

Ph.D.’s take a considerably longer time to complete than a master’s, five to eight years on average, and they carry a rather high rate of noncompletion due to time and financial commitments. Many Ph.D. programs have stipends available, so it’s important to inquire about that when researching a particular program.

Specialized doctorate programs

As with master’s degrees, there are several specialized doctorate programs specific to different disciplines and areas of study:

  • Doctor of Business Administration (DBA)
  • Doctor of Engineering (EngD/PhD)
  • Doctor of Education (EdD/D.Ed)
  • Doctor of Social Science (DsocSci)
  • Doctor of Professional Studies (DProf)
  • Doctor of Architecture (DArch)
  • Doctor of Theology (Th.D)
  • Doctor of Divinity (DD/DDiv)
  • Doctor of Science STEM (Dsc/ScD)
  • Doctor of Science Arts & Humanities (DLitt/LitD)

When deciding which one to get, consider your immediate or long-term career goals — which degree would serve you best? In some cases, you can obtain a Ph.D. with just a bachelor’s degree, but often it’s recommended you get a master’s first for the research experience that will be required for a Ph.D.

As with anything, there are exceptions. Students in law school obtain a J.D. (Juris Doctor) but can then further obtain a master’s in a sub-specialty like tax or immigration law. The health care occupations of physical therapist and pharmacist are also doctorate programs obtained post undergrad.

Making your choice

As with any decision, weigh your options, list pros and cons, and go from there. Once you’ve narrowed your options , you’ll have a precise list of programs and institutions generated for your specific goals.

2 masters degree vs. phd

  • Masters vs PhD – Differences Explained
  • Types of Doctorates

The decision of whether or not to pursue a Masters or PhD (or both) after you complete your undergraduate studies is not necessarily a straightforward one. Both are postgraduate degrees but are different in terms of the academic experience and the career paths taken afterwards.

In short, a Masters degree involves a year of study, primarily through taught lectures and a final dissertation research project, whilst a PhD (also referred to as a doctorate degree) is a three-year commitment of independent research on a specific subject.

There’s more to it than that, however – read on for more information.

What Is a Masters Degree?

A Masters degree is the next level of education after the completion of an undergraduate degree, commonly known as a Bachelors.

These degree levels are often referred to in terms of cycles so that a Bachelor’s is a first-cycle degree, a Masters is a second-cycle and finally, a PhD is the third-cycle of higher education (and the highest).

Masters degrees demand an intense period of study, usually centred around a core series of lectures and taught modules, coupled with coursework assignments and exams, followed by the completion of a contained research project usually taking students 3-4 months to complete.

These types of degrees are attractive to recent graduates who want to delve deeper into their specific field of study, gaining some research experience and more specialised knowledge beyond what an undergraduate degree can offer.

Equally, some pursue a Masters degree program in a subject that is only tangentially related to their Bachelors degree, helping them gain a broader depth of knowledge.

These degrees also serve as a significant stepping stone for those already in employment who want to progress their current career development and earn a higher salary. They can also be an excellent method for helping in changing careers completely by learning new skills and subject knowledge.

What Is a PhD Degree?

A Doctor of Philosophy (PhD) is the highest academic degree that can be awarded and is the third and final cycle in the progression of higher education.

A doctoral degree is earned on the basis of producing a significant, independent and novel body of work (a Thesis) that contributes new knowledge to a particular research topic.

These are research degrees that are a significant investment of a candidate’s time, resources and energy and are all but a pre-requisite for anyone considering a career in academia, such as eventually becoming a professor.

There are some exceptions to this, such as those with a medical background who may earn an MD (Doctor of Medicine), which is the equivalent of a PhD.

Doctoral degrees can also have a significant positive impact on career development outside of academia, especially in fields such as engineering, business and finance that have a high demand for highly qualified and capable people.

A graduate student engaged in PhD study is commonly known as a PhD student, PhD candidate or doctoral student.

What are the Benefits of a Masters Degree?

There are several reasons one might consider doing a Masters degree rather than a PhD in their graduate education. These include:

  • It takes approximately a third of the time to do compared to a doctorate degree and costs less too.
  • It’s a good way to differentiate yourself from those that hold only an undergraduate degree without having to commit to a substantial research degree.
  • The end goal is more career-focused as opposed to research-focused. For example, it is practically an ‘easier’ route to changing or progressing your career if that aligns with your professional goals.

What are the Benefits of Doing a PhD?

You may continue on into a doctoral program after a Masters or you may even dive straight in after completing your undergraduate studies. So, what are the advantages of completing this third-cycle?

  • You’ll have developed a wealth of transferable skills at graduate school, such as effective communication of complex concepts, multi-tasking time-management and the ability to adapt to and solve unexpected problems.
  • A doctorate helps to establish you as an expert within your chosen subject area; your work will hopefully have furthered the knowledge in this.
  • It will open up career paths and teaching positions within academia that may otherwise be very difficult to get a hold in (although these career paths will still be very competitive).
  • You can add the title ‘Dr’ in front of your name!

Which Degree Is More Impactful: A Masters or a PhD?

On paper, the answer should be clear: A doctorate degree is the highest degree you can earn, so has more impact than a Masters, which in turn has more impact than a Bachelors.

The reality is that the size of the impact (if any) really depends on the subject area and the career path you choose (if the measure of impact is how it positively improves your career prospects, that is).

For someone with aspirations of becoming a professor, a PhD will be of greater value than a Masters alone.

Equally, it’s also possible that someone with a PhD entering a different field or one that doesn’t require a PhD may find that their degree has no bearing on their career or in some cases may even be seen as a ‘negative’ with a concern of the person being ‘over-qualified’ for a position. There are many scenarios in which professional experience would be more valuable to an employer than a doctorate degree.

Check out the links below to our interviews with Prof. Debby Cotton and Dr Nikolay Nikolov to read their experiences of when a going through a PhD program has had a clear benefit (Prof. Cotton) and when it hasn’t been helpful (Dr Nikolov).

Debby Cotton_Profile

Do You Need to Have a Masters to do a PhD?

This really depends on the university, department and sometimes even the project and supervisor.

From a purely application process perspective, some institutions may formally require you to hold a Masters degree relevant to the subject of the PhD project before you can enter their doctoral program.

In another scenario, most universities are unlikely to accept candidates that were awarded below a 2:1 (in the UK) in their undergraduate degree but may consider someone who has ‘made up’ for this with a high-grade Masters.

Lastly, some universities now offer PhD programmes that incorporate an additional year of study in which you would complete a Masters degree before carrying directly on into a PhD project. As you’d expect, even if a university doesn’t formally require you to hold one, a Masters degree can help separate you from other applicants in being accepted on the project.

Check out our detailed guide to doing a PhD without a Master’s .

Why Do a Masters before Your PhD?

Even if you don’t need to have one, it could still be beneficial to begin your postgraduate study by doing a Masters first before you embark on your doctorate journey.

As mentioned previously it’ll help you stand out from applicants that don’t have one, but beyond that, it’ll give you a taster of what research life could be like, especially if you stay at the same university and department for your PhD.

The one-year commitment (in the UK at least) of carrying out a Masters first, and in particular your research project, will help you better understand if this is truly something you want to commit the next three or more years to.

You’ll learn some of the skills of independent research, from performing detailed literature searches to more complex, analytical writing.

At the end of it, you should be in a stronger position to consider your options and decide about whether to continue into a PhD at graduate school.

Finding a PhD has never been this easy – search for a PhD by keyword, location or academic area of interest.

How Long Does It Take to Get a Masters Degree?

In the UK, a full-time Masters degrees take students one calendar year to complete: The programme of study usually starts in September, the final research project the following April and final project viva around August. Part-time degrees are usually double the time.

How Long Does It Take to Get a PhD?

In the UK, most PhD projects take 3-4 years to complete , as reflected by the majority of funded projects offering stipends to cover living expenses of about 3.5 years.

For many reasons, projects may end up taking longer to complete, however. This might be because of difficulties in collecting enough data, or if the project is being done part-time.

Which One is More Expensive to Do?

As you’d expect, as a PhD takes three times as long to complete as a Masters degree, it will cost you more to do as far as university fees are concerned.

Another thing to consider is that many PhD projects come with some level of funding equivalent to a low salary, which may cover the cost of tuition fees and living expenses, whilst it is usually more difficult to obtain funding for Masters study.

Conversely, a Masters graduate may progress into a higher (versus PhD funding) salary sooner whilst a PhD student will endure three years of a comparatively low income.

A Masters vs a PhD: Conclusion

If you’re considering continue further graduate study after your undergraduate degree, the question of doing a Masters vs a PhD is likely to come up. They are both considered an advanced degree, each with their own advantages.

There are benefits to doing either of these graduate programs or even both of them; your decision here can be easier if you have an idea of the career you want to follow or if you know you have a love for research!

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Masters vs PhD – What’s the best degree for me?

In the US, a Master’s degree is not required for a PhD – unlike most European countries, where it is a prerequisite. Thus, in the US, deciding between a Master’s degree and a PhD can be a challenging question. By understanding the distinction, you can determine which program aligns best with your aspirations and goals. This article will provide insights into the structure, requirements, and outcomes of both degrees, helping you make an informed decision.

MASTER’S VS PHD DEGREE – WHICH IS BETTER FOR MY CAREER?

Students reflecting on Master's vs PhD degree – title

If you’re a recent graduate student looking to further your academic career, a Master’s degree might be the first step. But for those aiming for a career as university professors or to lead their own research group, pursuing a doctoral program to get a higher degree could be the better option.

Choosing the right degree program requires understanding the main difference of Master’s vs PhD.

WHAT IS THE DIFFERENCE BETWEEN A MASTER’S AND PHD?

The most important difference between Masters and phd programs is the focus and the duration.

A Master’s degree is designed as an advanced study in a specific field following a bachelor’s degree. It typically involves structured coursework, sometimes combined with research, resulting in a thesis or project.

A PhD, commonly known as a doctorate, is a research-focused degree regarded as the highest academic degree in higher education. This doctorate degree usually requires a dissertation based on original research.

This table that summarizes the key differences when considering Master’s vs PhD degrees:

1-3 years3-8 years(see differences between US and Europe)
Coursework and researchResearch
Thesis or capstone projectDissertation
Advanced professional positions, managerial positions in the industry sectorResearch positions in academia and industry; academic teaching positions

HOW LONG DOES IT TAKE TO COMPLETE A MASTER’S OR A DOCTORATE?

A Master’s program typically takes one to three years to complete, depending on the type of degree and the field of study. On the other hand,  a PhD program can take anywhere from four to eight years , with the exact duration varying based on goals of the PhD candidates, the subject, the doctoral program’s requirements, and the time taken to complete the PhD dissertation.

IS A MASTER’S DEGREE A PREREQUISITE FOR A PHD OR DOCTORAL DEGREE?

Master Students preparing a doctoral degree

In the United States, a Master’s degree is *not* required for a PhD. In contrast, in most European countries, a Master’s degree is a requirement for a PhD.

In the US , many PhD programs accept applicants with only a Bachelor’s degree. This is because PhD programs in the US typically include a Master’s component in the first few years. Students take coursework, complete research rotations, and pass qualifying exams before advancing to the dissertation phase.

In Europe , PhD programs are typically shorter, lasting 3-4 years. As a result, students are expected to have a stronger foundation in research before starting their doctoral studies. A Master’s degree allows students to develop their research skills, learn about their field of interest, and explore different research topics.

Here is a table that summarizes the key differences between PhD requirements in the US and Europe:

United StatesNo5-8 years
EuropeYes3-4 years

However, there are some exceptions to the general rule that a Master’s degree is required for a PhD in Europe. For example, in some countries, students with a four-year Bachelor’s degree may be able to apply directly to a PhD program. Additionally, some European universities offer joint Master’s-PhD programs that allow students to earn both degrees in a shorter period. However, these are structured to streamline the educational process and are often very competitive.

IS A SEPARATE MASTER’S DEGREE WORTH THE EFFORT?

In the US, a Master’s is not a prerequisite for a PhD because PhD programs typically include a Master’s component in the first few years.  Thus, a  separate  Master’s degree is probably not necessary in the US.  Most common Master’s degrees cater to professional fields, and a typical Master’s degree program is often designed to be a terminal degree.

In contrast, in most European countries, the discussion about a  separate  Master’s degree does not make sense because a Master’s program is required to reach the qualification for the PhD level.

WHAT’S THE FOCUS OF MASTER’S VS PHD: COURSEWORK VS RESEARCH?

PhD Students working on a research project

A Master’s degree involves structured coursework which allows students to deepen their understanding of a particular subject . Some Master’s programs may also have a research component leading to a thesis.

In contrast, a PhD is primarily research-focused . While there might be some coursework in the initial years of study, the main focus is on independent research, leading to the creation of new knowledge.

Graduate programs in related fields like social work or clinical psychology may offer  specialized Master’s degrees , such as the Master of Social Work (MSW) or Master of Arts in Clinical Psychology, designed to build academic and professional skills.

If you’re wondering whether to take the next step towards a Master of Business Administration (MBA) or a Juris Doctor (JD), which are considered  professional degrees rather than research degrees , assess the degree level that aligns with your professional goals.

For graduate students who have set their sights on becoming doctoral students, PhD programs offer a deep dive into postgraduate study. However, degree requirements for graduate school can be pretty rigorous, especially for a specialized Ph.D. program.

The life of a PhD student is marked by hard work and a deep commitment to contributing original knowledge to their field. Typically, Ph.D. candidates spend their academic year fully immersed in research projects, including anything from scientific research in clinical psychology to molecular biology.

ADVANTAGES OF A RESEARCH MASTER’S DEGREE

Opting for a research Master’s degree, such as a Master of Science, allows for a combination of coursework and a research project, often culminating in a thesis.

This path can provide rigorous training programs in research methodology and data analysis, valuable for those considering eventual doctoral degree pursuits.

Additionally, for those questioning if a doctoral degree is a good investment of time and resources, a Master’s program may be a sensible interim step to gain further work experience and professional development.

IS A PHD THE HIGHEST ACADEMIC DEGREE?

Students celebrating PhD degree

Yes, a PhD (Doctor of Philosophy) is often regarded as the highest academic degree in many fields.

However, it is helpful to note that  a PhD is not universally the highest degree in all fields . For example, in professional fields like law and medicine, the  Juris Doctor (JD)  and the  Doctor of Medicine (MD)  are terminal degrees for professional practice but differ from a PhD.

Additionally, other degrees represent the highest level of professional achievement in their respective fields, such as the  Doctor of Education (EdD), Doctor of Business Administration (DBA),  or  Doctor of Engineering (EngD) .

In some cases, there are also specialized degrees that go beyond the PhD in certain fields. For example, the  Doctor of Science (ScD)  or  Doctor of Letters (DLitt)  may be considered higher or at least on par with the PhD, depending on the institution and country. These are often awarded for a substantial body of academic research and publication.

CAREER PROSPECTS AFTER A MASTER’S VS PHD DEGREE

It is important to consider how each degree can also shape your career in science. A Master’s degree can open up opportunities for higher salaries and specialized job roles that might require a deep understanding of a particular area. You also start earning earlier compared to a PhD candidate. For example, with a Master of Public Health, you might immediately enter the workforce in your specific domain.

A PhD prepares individuals better for a research career in academia or industry. However, many PhD graduates also pursue roles in consultancy or policy-making. Someone with a PhD entering a different field may find that their degree gives them an edge in research and analytical skills.

It is crucial to assess the career and salary outcomes of the respective degrees to determine which is the most suitable for you.

WILL A PHD HELP ME EARN A HIGHER SALARY?

PhD graduation hat representing higher salary with a PhD degree

Generally, individuals with a PhD tend to earn higher salaries than those with just a Master’s degree. The advanced knowledge, specialized skills, and research experience gained during a PhD program make individuals more valuable in the job market, leading to better job prospects and higher earning potential.

WHICH GRADUATE DEGREE PROGRAM IS MORE EXPENSIVE? MASTER’S VS PHD?

The cost of pursuing either a doctorate or a Masters degree is a significant factor. While a Master’s degree can also be costly, PhD programs often come with more opportunities for financial aid such as fellowships or teaching assistantships, which can significantly reduce your total cost.

Prospective students must research and compare the salary outcomes and potential debt of Master’s and doctorate degrees.

When considering graduate programs, financial aid is a significant factor. While the costs of a Master’s program can vary, many students take out student loans.

The cost of a Master’s degree can be offset by working as a research assistant, which helps financially and enhances practical skills and subject knowledge essential for a successful professional career in science. Similarly, doctoral programs often offer substantial financial support, such as stipends.

The availability and extent of financial support can greatly vary depending on the field of study, institution, and country. Not all doctoral programs offer substantial financial support, and some students may still need to rely on loans or personal funding. However, there are many  free or fully funded PhD programs .

The cost of tuition varies widely between institutions and countries. The duration of the programs can also affect the overall cost. Typically, a Master’s program is shorter in duration than a PhD, which might imply that even if the annual costs are higher for a Master’s, the total cost could be less due to the shorter time frame.

Finally, you must consider the indirect costs of graduate education, such as living expenses, which can vary widely and impact the  overall costs and duration of pursuing a graduate degree.

SCOPE AND DEPTH: MASTERS DEGREE THESIS VS PHD DISSERTATION

While both a thesis (usually associated with a Masters degree) and a dissertation (associated with a PhD) involve research, the depth and scope differ. A Master’s thesis focuses on a particular topic, offering a new perspective or a deeper understanding. In contrast, a PhD dissertation involves extensive research to create new knowledge or theory in the chosen field.

IS A CAREER IN ACADEMIA THE ONLY PATH FOR PHD GRADUATES?

No. While many with a PhD degree pursue roles in academia, others venture into the corporate world, non-profit sectors, and governmental roles. Industries that require specialized knowledge or research skills often value PhD graduates.

It’s worth noting that some sectors that do not require a PhD may find the expertise of someone with a doctorate advantageous.

FACTORS TO CONSIDER BEFORE APPLYING FOR A MASTER’S DEGREE OR A PHD

When deciding between a Master’s vs PhD, consider the following:

Your scientific career goals : Do you see yourself in academia or research?

Duration of study : Are you ready to commit several years to a doctorate?

Financial aspects : Can you support the cost of tuition or are there scholarships available?

Passion for research : A PhD will require intense, focused research. 

  • Master’s degrees are typically coursework-focused with some research, while PhDs emphasize extensive research.
  • PhDs generally take longer to complete than Master’s degrees.
  • Career opportunities vary, with PhDs preparing individuals mainly for roles in academia and research, though other industries also value doctorate holders.
  • Financial considerations are vital, with PhD programs often providing more financial support than Master’s programs.
  • A passion for research and commitment to the subject are crucial for those considering a PhD.

Deciding whether to complete a PhD or Master’s degree varies greatly depending on personal career goals and academic interests. For a lot of people, graduate studies at the Master’s level provide sufficient qualifications for their intended career paths. However, if you aim to immerse yourself in academia or high-level research, a PhD is likely the better choice.

FREQUENTLY ASKED QUESTIONS (FAQ)

Which degree is right for me, a master’s or a phd.

Choosing between a Master’s degree and a PhD depends on your scientific career goals and personal aspirations. When considering an advanced degree, it’s essential to contemplate the significant differences between a Master’s degree and a PhD.

A Master’s program typically offers a structured path, often leading to a thesis-driven Master’s degree, which may be the best fit for students seeking to enhance their skills in a specialized area without the commitment to the long haul of a PhD study.

A PhD may be a better fit if you are interested in pursuing a research-oriented career or becoming a subject matter expert in a specific field. However, if you want to gain specialized knowledge and skills in a particular profession or industry, a Master’s degree could be the best choice.

WHAT ARE THE BENEFITS OF GETTING A PHD VS MASTER’S?

Earning a PhD offers several advantages. It allows you to  become an expert in a particular area of study  and opens up opportunities for advanced research and teaching positions. A PhD also enhances your critical thinking, problem-solving, and analytical skills. Additionally, individuals with a PhD generally earn higher salaries than those with a Master’s degree.

HOW LONG DOES IT TAKE TO COMPLETE A MASTER’S VS PHD?

The duration of a Master’s or PhD program varies depending on the field of study, research topic, and individual circumstances. On average, it takes around 1-3 years to complete a Master’s, while it takes around 4-7 years to complete a PhD, including the time spent on coursework, research, and dissertation writing. Several key factors  influence the duration of a doctorate .

CAN I APPLY FOR A PHD PROGRAM WITH JUST A BACHELOR’S DEGREE?

Typically, most European PhD programs require applicants to have a Master’s degree or its equivalent, while US universities accept candidates with only a bachelor’s degree because their PhD programs contain a Master’s component.

CAN I SWITCH FROM A MASTER’S PROGRAM TO A PHD PROGRAM?

Yes, it is possible to transition from a Master’s program to a PhD program. Many universities offer an option to apply for a PhD program after completing a Master’s degree. However, admission is competitive, and you will need to meet the additional requirements set by the PhD program, such as research experience and a strong academic record.

CAN I PURSUE A PHD IN A DIFFERENT FIELD THAN MY MASTER’S DEGREE?

Yes, pursuing a PhD in a different field is possible than your Master’s degree. However, switching fields may require additional coursework and research experience to bridge the knowledge gap. It’s essential to consider the specific requirements and expectations of the PhD program you are interested in.

WHAT IS THE DIFFERENCE BETWEEN MASTERS VS PHD PROJECTS?

In a Master’s program, the final project usually focuses on applying the knowledge gained during the program and demonstrating Mastery of the subject. In a PhD program, the emphasis is on conducting original research that contributes to the existing body of knowledge in the field. A PhD project typically involves a more comprehensive and in-depth study.

WHAT ARE THE CAREER OPPORTUNITIES AFTER COMPLETING A PHD?

Completing a PhD opens up a wide range of scientific career opportunities. Graduates with a PhD often pursue careers in academia as professors or researchers. The path to become a professor is long, thus, reflect carefully whether it is worth it to become a professor.

PhD graduates can also work in research and development roles in industries, government agencies, non-profit organizations, and consulting firms. Additionally, a PhD can lead to leadership positions in various sectors and provide opportunities for entrepreneurship.

ACKNOWLEDGMENTS

I have used AI systems, including Grammarly, Google Bard, and ChatGPT, to enhance the English and comprehensiveness of this article. This post may contain affiliate links, meaning I get a small commission if you decide to purchase through my link. Thus, you support smartsciencecareer at no cost to you!

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Sven Hendrix is a Professor of Neuroanatomy at Medical School Hamburg (MSH) in Germany. He leads a research group dedicated to the neuroimmunology of brain repair and the development of xenofree organoid models as alternatives to animal experiments. Additionally, he serves as the speaker for CENE, a center focused on academic career development across MSH, Medical School Berlin (MSB), and the Health and Medical University (HMU) in Potsdam and Erfurt, Germany.

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Masters vs. PhD

What's the difference.

A Master's degree and a PhD (Doctor of Philosophy) are both advanced academic degrees, but they differ in terms of their level of specialization and the depth of research involved. A Master's degree typically requires one to two years of study beyond a bachelor's degree and focuses on providing a comprehensive understanding of a specific field or discipline. It involves coursework, exams, and sometimes a thesis or capstone project. On the other hand, a PhD is the highest level of academic achievement and requires several years of rigorous research and independent study. It involves original research, the creation of a dissertation, and a defense of the research findings. A PhD is typically pursued by individuals seeking to contribute new knowledge to their field and often leads to careers in academia or research.

AttributeMastersPhD
Duration1-2 years4-7 years
FocusSpecialized fieldNarrow research area
Entry RequirementsBachelor's degreeBachelor's or Master's degree
ThesisMay or may not be requiredRequired
ResearchLess emphasisSignificant research component
TeachingMay involve teaching assistantshipsMay involve teaching assistantships or teaching positions
Job OpportunitiesEntry-level positionsAdvanced research or academic positions
Academic TitleMasterDoctor

Further Detail

Introduction.

When it comes to pursuing higher education, many individuals consider obtaining a Masters or a PhD degree. Both degrees offer unique opportunities for personal and professional growth, but they also differ in various aspects. In this article, we will explore and compare the attributes of Masters and PhD programs, shedding light on their differences and helping individuals make informed decisions about their educational journey.

Duration and Scope

A Masters degree typically takes around one to two years to complete, depending on the program and the student's dedication. It involves in-depth coursework, research, and sometimes a thesis or capstone project. On the other hand, a PhD degree is a more extensive and time-consuming commitment. It usually takes around four to six years to complete, involving rigorous research, comprehensive exams, and a dissertation that contributes original knowledge to the field.

While a Masters degree provides a solid foundation in a specific field, a PhD program delves deeper into research and academia, allowing students to become experts in their chosen area of study. The scope of a PhD is broader, requiring students to make significant contributions to their field through original research, while a Masters degree focuses more on acquiring advanced knowledge and skills.

Admission Requirements

When it comes to admission requirements, both Masters and PhD programs have certain criteria that applicants must meet. For a Masters degree, applicants typically need a bachelor's degree in a related field, a competitive GPA, letters of recommendation, a statement of purpose, and sometimes standardized test scores such as the GRE (Graduate Record Examination).

On the other hand, PhD programs often have more stringent admission requirements. In addition to a bachelor's degree, applicants are usually required to have a strong academic background, relevant research experience, letters of recommendation, a statement of purpose, and competitive GRE scores. Some programs may also require applicants to submit a research proposal outlining their intended area of study.

Research Opportunities

One of the key distinctions between Masters and PhD programs lies in the research opportunities they offer. While both degrees involve research, the depth and extent of research differ significantly. Masters programs often provide students with the opportunity to engage in research projects, but the focus is usually on applying existing knowledge rather than generating new knowledge.

PhD programs, on the other hand, place a strong emphasis on original research. Students are expected to contribute to their field by conducting in-depth research, often leading to the publication of scholarly articles and the development of new theories or methodologies. PhD candidates work closely with faculty advisors and are encouraged to explore uncharted territories within their discipline.

Career Opportunities

Both Masters and PhD degrees can open doors to various career opportunities, but the level and type of opportunities may differ. A Masters degree equips individuals with advanced knowledge and skills, making them well-suited for specialized roles within their field. Graduates with a Masters degree often find employment in industries, government agencies, or non-profit organizations related to their area of study.

On the other hand, a PhD degree is often seen as a pathway to academia and research-intensive careers. PhD holders are well-prepared for positions as professors, researchers, or experts in their field. They have the expertise to conduct independent research, publish scholarly work, and contribute to the advancement of knowledge in their discipline. However, it is important to note that PhD holders can also pursue careers outside of academia, leveraging their analytical and problem-solving skills in various industries.

Financial Considerations

When considering higher education, financial considerations play a significant role. Masters programs are generally more affordable compared to PhD programs. The shorter duration of a Masters degree means fewer tuition fees and living expenses. Additionally, many Masters programs offer scholarships, assistantships, or part-time work opportunities to help offset the costs.

PhD programs, on the other hand, often provide funding packages to admitted students. These packages may include tuition waivers, stipends, or teaching/research assistantships. While this financial support can alleviate the financial burden, it is important to consider the longer duration of a PhD program, which may require individuals to forgo full-time employment for several years.

In conclusion, both Masters and PhD degrees offer unique attributes and opportunities for individuals seeking advanced education. Masters programs provide a focused and efficient way to gain specialized knowledge and skills, while PhD programs offer a more extensive and research-intensive experience. The decision between pursuing a Masters or a PhD depends on various factors, including personal interests, career goals, financial considerations, and the level of commitment one is willing to undertake. Ultimately, individuals should carefully evaluate their aspirations and weigh the pros and cons of each degree to make an informed decision that aligns with their long-term goals.

Comparisons may contain inaccurate information about people, places, or facts. Please report any issues.

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2 masters degree vs. phd

What's the Best Next Step for Your Career: A Second Master's Degree or a PhD?

Although both Masters and PhDs are considered graduate studies, there are significant differences between the two degree levels.

Find PhD programmes abroad

1. Research vs. skill acquisition

Master’s programmes are inherently interdisciplinary, mixing curriculum and teaching styles from different disciplines in order to ensure students acquire specific skills and tools for a wide palette of future careers.

PhDs, however, are designed to be independent research endeavours, with limited guidance from professors and departments, aiming to verify the answer to a specific question.

So, you should choose a second Master’s if you want to know a bit of everything, and a PhD if you want to be an expert in your field.

2. Differences in degree duration

While a Master’s programme usually has 4 semesters, with some Master’s degrees offering the possibility of condensing the studies in one year or 18 months, PhDs frequently take well beyond three years to complete, depending on the subject and the graduate school.

This should influence your decision, given the varying time it takes before the diploma becomes a career asset.

3. You also choose your career path

Master’s degrees are intended to transmit general skills, ideal if you want to keep your career options open, while aiming at a wide array of jobs. For example, a Master’s in Communication Sciences can enable you to work in areas from journalism to PR and sales.

In the case of a PhD, your specialisation gets even narrower, while the depth of expertise advances greatly. This is the desired path if your professional destination is very precise, at the top of a hierarchy or if you intend to freelance/become an entrepreneur.

4. Degree availability and funding opportunities

Master’s degrees are the fastest growing type of study programme available worldwide, with more and more alternative interdisciplinary combinations being approved each year, in an attempt to adapt to the job market.

PhD programmes are generally more resilient to change, as well as more focused on long-term institutional research goals, involving many departments and candidates, over several years.

Their purpose is also less susceptible to market fluctuations, depending mostly on the research needs of society, as well as the demands of financing institutions such as ministries, museums, central governments, think tanks and local authorities.

5. Flexibility and time commitment

Another difference of pace between Masters and PhDs is the possibility to work throughout the study years. While there are part-time masters and degrees which offer courses concentrated in the late evening in order to allow attendance from employed students, PhD’s are seen more like full-time occupations, being funded in a way to compensate the impossibility of balancing a job with the research.

Not to mention that a PhD involves constant research and other academic responsibilities such as teaching, conferences, reference papers, publishing and help with departmental organizing.

6. Changing your specialisation

If you plan on moving towards a new specialisation, either to diversify your skills or to requalify, a Master’s degree is far more accessible and easier to start from scratch. A PhD in a completely different discipline is very hard to achieve, mainly because graduate schools demand “affinity with the subject” when applying.

Not to mention that a successful PhD proposal is much more difficult to achieve in a completely new topic and domain. This does not mean that applying for a different Master’s degree is not without effort or challenges, but it is far more likely given the abundance of master’s programmes available worldwide, compared to doctorates.

As a general perception, universities perceive successive Masters in similar or related fields as a sign of indecisiveness and shallowness. On the other hand, holding two or more degrees in significantly different disciplines (like Economics and Arts or Engineering and Languages ) can be a major CV booster.

Probably one choice is not in itself better than the other . It's just a question if you want to be better in your work, or if your dream is to become more of a scholar and dedicate yourself to research.

Find Masters worldwide

If you decide to pursue another Master’s programme, filter through the countless study options on Mastersportal , or check out your desired PhD field and destination at PhDportal .

Good luck with your research!

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The Savvy Scientist

The Savvy Scientist

Experiences of a London PhD student and beyond

Masters vs PhD: Which is Right For You?

2 masters degree vs. phd

PhD or Masters? It’s a tricky choice to make! There’s no one simple answer as both can be great choices and there are several angles to consider. In this post we’ll look at the differences between the two and compare various factors to consider when deciding between a Masters vs PhD.

Note – This post was a reader request. If you’d like me to cover any particular topics let me know here .

Key Differences Between a Masters and a PhD

Before we delve into the details of what factors to consider in your decision, here is a brief summary of the main differences between Masters and PhD programmes:

  • Typically 1 year long (in the UK)
  • You’re part of a cohort with course mates studying the same things as you
  • There are different types of Masters: MRes, MSc, MEng etc. Sometimes they’re fully “taught” (i.e. all lectures and exams). Other times they’re “research” (lectures and a research project) or a mixture of both. Look at the syllabus of Masters courses you’re considering for details
  • They cost money – unless you manage to secure a scholarship
  • 3-4 years long in the UK (and longer elsewhere)
  • Always involve a significant research component: that’s all they are!
  • Typically you’re not part of a cohort, the exception are CDTs (details here )
  • Although PhDs cost money, it is not normal for STEM PhD students to personally pay for a PhD. Usually you’ll get funding which covers the fees plus pays a nice tax-free stipend. See my whole analysis of how PhD stipends compare to grad salaries

Factors to consider when deciding between a Masters and a PhD

Now let’s dive into some specific comparisons of a Masters vs PhD:

  • Financial cost
  • Potential salary boost
  • Opportunity gain
  • Opportunity cost

Masters vs PhD Cost

How much does a masters degree cost in the uk.

For Masters courses in the UK there are typically both tuition fees and bench fees. Bench fees are for covering costs involved with practicals and research experiments, including consumables and training.

In the UK, if you’re a home student you’ll often pay upwards of £11,500 for tuition fees. Overseas students may get charged £21,800 or higher. Bench fees can vary a lot, typically they may be around £5000.

The course page will usually list the cost of the Masters pretty clearly, see this example from Bristol:

2 masters degree vs. phd

In addition you will have living costs on top of these fees. You’ll therefore have to budget for all of this ahead of starting the Masters unless you’re planning to work while studying. If so, here are some ideas I put together for ways to make money as a student .

There are sometimes bursaries and scholarships available for Masters students so do look at your options. The university website should list the main funding options available to you. However in my experience the majority of Masters students tend to self-fund or take out a loan.

How much does a PhD cost in the UK

In theory a PhD would incur bench fees like a Masters. Yet unlike with Masters degrees, it is pretty rare to self-fund a PhD, at least in the sciences. Instead it is normal for prospective PhD students to try and secure funding.

Usually PhD students will only embark upon a project once funding has been secured for the duration of the project: often 3.5 years.

Typically a PhD student will secure funding both to pay for the university fees, plus a stipend to cover their living expenses. For the 2021/2022 academic year a typical annual PhD stipend is £15,609 per year outside of London, or £17,609 per year in London. To be clear: this is money you get paid for doing the PhD, not that you have to pay! On top of the stipend all other costs relating to the PhD also get covered by the funding body.

If you want to find out more about PhD funding, see my separate relevant posts here:

  • How to Find PhD Funding in the UK
  • PhD Student Salary in the UK: Comparing a PhD Stipend to a Grad Salary

I lived pretty comfortably on this kind of amount of money in London, so it’s certainly possible!

Masters vs PhD Potential Salary Gain

If you’re considering a Masters or PhD to help you climb the career ladder more quickly, you may be wondering how much they could each boost your salary.

Whether or not a Masters or PhD is worth it for the potential salary gain really depends on what job you’re looking to go into. Generally, yes, the more highly qualified you are the more money you may be able to earn:

2 masters degree vs. phd

If you’re looking to boost your earning potential, from these US figures someone with a Masters could expect to earn approximately 18% more than someone with just a Bachelors degree. Furthermore, someone with a PhD may be able to earn 43% more than just a Bachelors. Therefore, on average PhDs earn 21% more than people with a Masters. There are loads of caveats though and this figure isn’t really comparing a like-for-like situation.

As a rule of thumb: if you’re going into a technical job, especially one requiring specialist knowledge you pick up from your studies, then you’re more likely get rewarded for your extra degree(s). Also notice how in the above figure across all workers the unemployment rate is lowest for those with PhDs. The unemployment for those with a Masters vs a PhD is 73% higher.

For certain companies and roles the more highly qualified you are the more they’ll reward you with a higher salary. Other companies, especially ones which wouldn’t utilise the skills from your degree, won’t pay you any higher than someone with a Bachelors degree.

There may be certain professions where getting a Masters or PhD are really beneficial for boosting your salary but I’d urge caution if this is your primary motivation for earning one of these degrees. This is especially true if you consider that instead of earning an extra degree you could spend your time gaining work experience on the job.

Consider looking up different potential employers you may be interested in working for to get a sense of whether your extra qualifications could secure you a higher salary. If the company is transparent with sharing salaries for different pay grades then you may be able to find details on their website. If not I suggest looking on glassdoor .

Masters vs PhD Opportunity Gain

What opportunities open up to you by doing a Masters vs a PhD? How beneficial could either be for your career? We’ll consider categories:

Technical knowledge

  • Lab experience

Independent thinking & problem solving

Student life.

The obvious benefit to doing either degree is that you’ll gain expertise and knowledge in a certain technical topic. Not only may this be interesting to you in its own right but the degree can be used to demonstrate your technical know-how for your upcoming career. Either degree could help with your career prospects and enable you to potentially expand your horizons and go and work abroad. Though this depends a lot on your field and specific situation!

There is a quite obvious tradeoff between breadth and depth of technical knowledge between a Masters vs PhD.

A Masters degree is considerably shorter than a PhD, therefore your opportunity to pick up deep technical skills across the period of the programme is likely to be lower.

However, it is worth noting that Masters courses involve lectures, whereas in the UK PhDs don’t. Therefore it may actually be the case that with the Masters you’re picking up knowledge more quickly than the PhD. This does of course depend a lot on the skills you want to learn and how you work. Plus, you can sometimes go to lectures if you want as a PhD student. I’d say this one is a draw.

Practical lab experience

If you do a Masters involving a research project you’ll likely spend at most 4-6 months of the year in the lab. With a PhD you’ll spend considerably longer!

In the first year of a PhD you can try out different things and with the following years of a PhD you’re learning things at a much deeper level than a Masters. Though again, this depends quite a bit on what you’re trying to learn and why. For a lot of purposes you may gain enough practical experience in just a Masters project.

With either degree I think you’ll have ample opportunities to pick up new skills and challenge yourself to think independently.

A Masters is usually a little more like a Bachelors degree. By this I mean, besides your research project, the course leaders will be setting pretty well defined questions which often come with relatively well defined answers. When it comes to conducting research (for either degree) you’ll of course be answering questions for the first time and usually this will require some problem solving.

Compared to a PhD project a Masters research project is much smaller in scope and well defined. Plus, you’ll typically be paired with a more senior lab member (PhD student or postdoc) which doesn’t often happen for PhD students. There are also sometimes group projects for Masters degrees which adds another useful skill to the mix.

A PhD is the ultimate test of independence and problem solving. A lot of us see this as a fun challenge but bear in mind the importance of having a supporting supervisor. I wrote a separate post about choosing a PhD project and supervisor .

Masters Networking Opportunities

One perk of a Masters degree compared to a PhD is that you’ll always have a group of course mates with you. Not only can this be reassuring and give you social opportunities, it also means that you can network with like-minded individuals who are interested in the same topic as you. It is very easy to see how this could lead to starting a company with a course mate or business relationships later in your career.

PhD Networking Opportunities

PhDs on the other hand may be more solitary. It really depends on the group and department you join. If you join a small group with very few other PhD students it could be a much less exciting, and potentially more difficult, environment to be doing research in. Plus less people to bounce ideas off of and network with.

Some departments are very good at putting on social and networking events for their PhD students. Others less so. My PhD involved working in two different departments and each took very different approaches. One department had an annual research day and several parties throughout the year specifically for their PhD students. On top of that were lecture series’ plus Christmas and Summer parties for the whole department. The other department organised practically nothing.

PhDs do afford you more time to build connections with other researchers in the department and collaborations with other universities and institutions. In my PhD I spent time working with two other research groups in London (at UCL and the Royal Veterinary College) as well as the Natural History Museum. I doubt I’d have formed these connections through doing a Masters.

Whether it be a Masters or PhD, remember that you’ll be a student again. Therefore for either degree you can attend all student events on campus, join clubs and societies at the students’ union which could bring with it many opportunities to enrich your life. Of course a PhD gives you more time to enjoy these benefits!

Whichever degree you decide to go for, see my post about making the most of opportunities !

Also if you’re interested, I wrote: Do PhD Students Have a Social Life? Sharing My Experiences Making Friends and Avoiding PhD Loneliness

Masters vs PhD Opportunity Cost

The main opportunity cost I can think of for either is the length of time that they take. If you’re trying to decide between a Masters or PhD, or perhaps even aren’t sure about doing either, I suggest thinking about what you’d otherwise be doing and what you’d like to do afterwards.

There is no getting around the fact that a PhD takes longer to complete than a Masters. Maybe that extra time spent deep in research is well spent, or maybe you’d be better off just doing a one year Masters degree and using that remaining time to progress a career in industry, start a business or make the most of some other opportunities.

It will come down to why you’re interested in doing either degree in the first place and what you’re hoping to do with your life afterwards.

If you enjoy research but are worried that a PhD would take too long, I don’t think you should worry too much. Firstly, I think enjoying research is reason enough to do a PhD. Secondly, in comparison to your whole career a PhD doesn’t really take up much time.

I don’t think that the time you’ll have spent doing a PhD would ever meaningfully take away from other things you could do with your life:

2 masters degree vs. phd

See my whole post about how long a PhD takes .

Masters vs PhD Difficulty

How hard is a masters.

I can’t speak for all Masters courses! How difficult you’ll find a Masters will depend a lot on the specific course and how different the topic is to your undergraduate degree. Of course if you’re jumping to a different field than your undergraduate degree you’d expect to find the Masters challenging!

What I can say is that there can be a lot of content to try and cram in during a one year Masters. The pace can be fast and there isn’t much time for you to digest the content before getting assessed on it. You have to be able to learn quickly and juggle lots of things going on at once, with regular assessments throughout the year. This is all in stark contrast to the PhD where you’ll usually have ample time to ensure you understand a concept well and there are few formal assessments to deal with.

How difficult is a PhD?

A PhD involves working independently on your own project for the whole duration of your studies. With this comes having to solve problems yourself and find the motivation to keep going with the project for several years. There is a component of luck as to how your project pans out but it is safe to say that a lot of people do go through difficult parts of their PhD related to these issues.

There are very few formal assessments throughout a PhD. Typically at around 9-12 months in, then 18-24 months in there are intermediate checkmarks and then the big one, the viva, right at the end. On the upside this means that you don’t need to worry about getting assessed on assignements or exams like with the Masters, but on the flip side it can be difficult to figure out how well you’re doing.

From what I’ve observed, some people who have difficulties during the project often face them because of a poor relationship with their PhD supervisor. I personally didn’t find my PhD hard, but that in part comes down to enjoying the content, having good supervisors and treating it like a 9-5 job. No you shouldn’t need to dedicate all your evening and weekends to it, and it doesn’t need to be a hellish experience.

Yes this is anecdotal but I also worked with many other postdocs and PhD students who shared their experiences with me. Also check out the PhD Profiles series for more insights.

See my much longer analysis about PhD difficulty here: How Hard is a PhD?

Masters vs PhD: What did I do?

My own path from undergrad to PhD was made slightly more simple because I did a combined four-year undergraduate engineering degree which took me straight to a Masters qualification (MEng). Even so, I still wasn’t exactly clear on whether I wanted to a PhD or what topic it might be in. Therefore after graduating I worked for a few years whilst also putting out applications:

2 masters degree vs. phd

This gave me an opportunity to build up my experience and work in different fields, all while getting some more research outputs which were useful for PhD applications. If you want to read more about my journey, check out my PhD profile here . While you’re there, look at other PhD students’ journeys in the other PhD Profiles too.

Whether you should do a Masters or PhD really comes down to: why are you interested in further study?

I would urge caution in getting extra degrees just to try and boost your salary. There are cases where this can pay off but consider what other work experience you could be getting outside of the university. A Masters for example will typically cost you money, whether it be eating up savings or through a loan, so do think carefully if you’re doing the degree for financial reasons.

If on the other hand you’re motivated to take on either degree because you’re interested in the topics and simply want to learn then go for it!

A Masters can be a nice introduction to a field, especially if you’re transitioning from a different Bachelor’s degree. Having lectures covering a wide variety of topics can get you up to speed and you can spend a few months on a research component if that’s what you fancy.

If you actively enjoy doing research and like the idea of spending three or four years exploring one topic then doing a PhD could be a nice option. Though I would suggest that for many people a PhD may be overkill and that for most career purposes a masters is probably enough!

If you’re wondering whether or not you need a Masters to do a PhD, see my separate post exactly about that topic here: Do You Need a Master’s To Do a PhD? TLDR: No you don’t necessarily need one in advance, and CDTs are another option to consider which combine the benefits of both . See details about CDTs here . If you are interested in research, and already know what kind of topic you’d like to spend several years studying, then I’d consider applying for a PhD without a Masters.

I know it can be difficult making these choices. Remember though that you don’t need to rush your decision. There is nothing wrong with working for a few years then coming back to do a Masters or PhD. That is what I did!

It might feel like you need a clear plan but you really don’t so please don’t let it stress you out too much! Whatever you decide I wish you all the best for your career.

I hope this post has been useful if you’re trying to decide between a Masters vs PhD! If you have any other questions, feedback or suggestions be sure to let me know and I’ll try my best to help.

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4 Comments on “Masters vs PhD: Which is Right For You?”

Great article! I completed my MEng in Mechanical from Cardiff in 2018 and am now looking for an Industrial PhD (I think it’s also known as an EngD or DEng?). As I’d like to pursue an academic role in future but after a PhD I’d like to go into industry to really test the knowledge I gain (or maybe start a company).

I’d like to learn more and become a specialist who really understands and grasps all aspects of Mechanical Engineering. Plus, I really like the calculation side of things, but have had difficulty finding jobs, so I think a PhD would be a significant benefit to me. Though, I found it interesting that you state that having a PhD doesn’t increase salary expectations necessarily; I thought salary rise would be a bonus (from other articles) but I guess this depends on the companies that appreciate PhDs and whether you apply to the right ones.

Do you have an article showing how to make your PhD applications stand out?

Keep it up!

Kind regards, Y

PS Just a minor detail the last section on which is right for you (first line) has a typo: Masters of PhD… should be Masters or PhD.

Thanks very much for your comment and for pointing out a typo! Hey, mech eng MEng and Cardiff, nice! Yep I’ve known people doing EngDs and they look like a nice option.

As per the bar chart in the article, on average a PhD leads to higher salaries but in the article I wanted to temper salary expectations and make it clear that it is not necessarily a great idea to do a PhD if earning more money were the main motivation: not only may a PhD prove frustrating if someone doesn’t actually enjoy the research but it’s also pretty inefficient since in a lot of cases simply spending those 3-4 years gaining experience in a job could likely lead to equivilant or larger promotions over that period. Yeah it really depends on the company and industry. As per the article you could have a look at the companies advertising positions in a subfield of mech eng you’re interested in and check the candidate requirements and associated compensation to get a sense of what a PhD could add.

An article I’m actually currently drafting for June is about how I managed to get a PhD scholarship which includes lots about making your application stand out, so I suggest check back later in the month!

Best wishes and good luck,

By the way I forgot to add that each candidate in the PhD Profiles series answers the question of what made their PhD application stand out, you can find the series here: https://www.thesavvyscientist.com/category/phd-profiles/

Thanks Jeff, I think I’ve got a lot of research to do as I’m quite open as to what I want to apply to. After reading your profile I think I have a similar interest in the medical field as I did a placement at Olympus medical and really enjoyed it. Plus working with professional engineers to a specific deadline is quite fun. I might choose to go a similar route to you by emailing the scientists/engineers who are running the PhD(s) I’m interested in and getting work experience until I’m certain of the topic I want to explore. There’s just so many options! Thanks for writing these blogs! Kind regards Yusuf

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Articles & Advice > Graduate School > Articles

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Master's or PhD: Which One Should You Choose?

You know you want an advanced degree, but just how advanced? Keep reading to discover the key differences between master's and doctoral degrees.

by GradSchools.com Graduate School Directory

Last Updated: Dec 18, 2023

Originally Posted: Jun 20, 2011

Just as there are many reasons people choose to go to graduate school, there are many options from which they may choose. Do you want to attend full-time? Maybe you want to go part-time and work. Or perhaps an online program option will work best for you. But before you can decide on the format type of your program, you need to decide on your program. If you’ve selected a field of study, you may be wondering whether you should get a master's degree or a doctoral degree. Here are some things to consider to help you choose which one is best for you.

3 key differences between programs

Before you can properly weigh the pros and cons of a master’s degree vs. a doctoral program, you must understand the major differences between the two programs. And although that may sound like pros and cons in itself, a pros and cons list is based mainly on your personal preference. So before figuring out preference, you must consider the facts, and these are it.

A graduate degree requires a significant investment of time. Master's degrees require less time than doctoral degrees. Typically a full-time student can acquire a master's degree in about two years. A PhD usually requires at least five to six years and many people take seven to nine years.

The adage "time = money" was never so true as with graduate school. Since a PhD takes longer to complete, it also requires more money. (Not that a master's degree is cheap either!) The flip side to this is that a PhD may yield a higher salary upon completion and is therefore worth the increased cost long term. With both degrees, school costs money (tuition, fees, books, etc.). In addition, however, there is also a significant loss of money if the student is not working or is earning low wages through assistantships or part-time employment. Many people find they must either live a Spartan lifestyle for many years or find themselves strapped with huge loans when they graduate .

Graduate school takes work. Most people are not going to argue with this. However, many students who drifted through college are surprised to find that graduate school requires a much larger commitment in terms of work and intellectual energy. Graduate schools are frequently very competitive. Students who are taking a full course load as well as teaching often find themselves overwhelmed. And of course, the many years of school required for a PhD require perseverance on a scale above and beyond what undergraduates must contemplate. The difference between college and graduate school lies in the ability of the student to focus on their field and the subjects and areas that most interest them. While graduate school requires more work, most students find the work enjoyable since it involves an area in which they are very interested.

Related: Great Expectations: How Grad School Differs From Undergrad

The what ifs of choosing a master's or PhD

So we know that graduate school requires time, money, and commitment for both a master's and a PhD. So which should you choose?

  • If all you want is a raise, a PhD is probably not the road to choose. A master’s degree will boost your career possibilities enough for the kind of raise you want.
  • If you love learning in and of itself , then the work required for a PhD may be worthwhile. Master's degrees tend to be more career oriented while PhD's tend to be more research oriented since they’re preparing people for highly academic, research-based careers.
  • If you want to save time and progress your career, a master's degree has benefits in that it requires less time and money than a doctoral degree but will still set you apart from those who only have a bachelor's. A master's can allow specialization within a field. The degree works well for those who’ve been working in a career for some time and hope to advance within their field.
  • If you’re looking for a new path in life, a master's degree can also be an excellent method of changing careers. For those who’ve found their career or undergraduate education aren’t leading them in the direction they would like to go, a master's degree can allow them to start fresh by gaining new knowledge and skills.
  • If you want to become a professor, a PhD is practically mandatory. Even for those few who can find teaching positions with only a master's, most schools want to see progress toward a PhD.
  • If you really want to impress, a PhD can also be helpful outside the world of academia in today's increasingly competitive job market. Businesses are searching for extremely qualified people who have demonstrated intelligence, perseverance, and the ability to learn. A PhD can open doors.
  • If you want to impact the world with original work, PhD work requires original research that contributes new information to your chosen field of study. People interested in pursuing a PhD should love their studies and be excited by the prospect of meaningful contribution.

Related:  Choosing the Right Graduate Degree for Your Goals

Making your decision

To summarize, a PhD may be worth it if you truly love your field, enjoy your studies, and want the benefits and prestige associated with the doctoral degree. If you are simply looking to change fields or gain a promotion or do not think you could maintain interest through at least five to six years of school, then a master's is probably a better choice. However, it is worth noting that you may be able to get more financial aid for a PhD Since it takes longer, schools recognize that those trying to acquire their PhD's need more assistance than those who only want a master's degree. This adds an interesting dimension to the application process for two reasons.

First, if you think you may want a PhD but still are not sure, it is probably better to apply to the doctoral program. There is no penalty for changing your mind later and deciding to leave with a master's degree, and it increases your chances of getting financial aid. The second consideration is that the PhD program can be more competitive, and applying to it rather than the master's degree program might decrease your chances of admission. If you are denied entrance to the PhD program, you could ask them to then consider you for the master's degree program, but that may not be allowed.

Related:  7 Important Things to Do Before Applying to Graduate School

We’re glad you came seeking advice on which advanced degree program is right for you. It’s a big decision to make that you shouldn’t take lightly, and seeking the right knowledge to make an informed decision is only going to benefit you. Use this advice, take some time to think it over, and go forward knowing you’re making the best decision for your future goals and career.

Once you’ve made your decision on applying to a master’s or PhD program, start searching for just the right one with our Graduate School Search tool .   

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What Is the Difference Between a Master’s Degree and a Ph.D.?

In the United States, 13.1% of people have a master’s, doctorate, or other advanced degree. Along with the wealth of knowledge and skills you can get from an advanced education, becoming a graduate student is a great way to stand above the remaining 86.9% of Americans as you work toward your career goals.

The most common types of advanced degrees are the master’s degree and the Ph.D. Both are great options for continuing education but still have many differences. 

Do you want to learn more about each of these advanced degrees? Keep reading this article for everything you need to know about the difference between a master’s degree and a Ph.D.

Course Structure

When you are getting an advanced degree, it is important to consider the course structure of each program you are interested in. This way, you can find one that helps you learn in the way that makes the most sense to you. 

With a master’s degree, you can expect primarily to do coursework throughout the first three semesters. The remaining requirements are composed of a capstone project or thesis that culminates everything you will have learned during your program. 

With a Ph.D., you will typically do two years of coursework. After you have completed this work, you will take the remaining years to prepare your dissertation. This requires a lot of research and writing and will allow you to contribute new research to current industry knowledge. 

Degree Length

Another significant difference between a master’s degree and a Ph.D. program is the length of time they take to complete. Master’s programs are much shorter and will typically take two years to complete. Some universities even offer accelerated programs that allow you to complete your master’s degree within a single year. 

Ph.D.s take much longer to complete—anywhere from 5-6 years! There are a lot of things to cover in any field as you pursue a doctorate. What’s more, the research and writing process of a dissertation can be quite time consuming.

The doctorate degree in the United States is typically inclusive of the curriculum you would receive for a master’s in the same field, with more in-depth study beyond that. Outside of the United States, you will likely have to get a separate master’s degree before you start your Ph.D.

Culmination of Degree

As was mentioned before, the culmination of both master’s degrees and doctorate degrees differ. There are a few main differences between a dissertation and a thesis . 

For a master’s degree, you are expected to complete a capstone course or a thesis. This is a paper that is limited to about 40,000 words. The point of a thesis is to allow graduate students to present their research findings and show their aptitude in their field.

The master’s thesis allows you to demonstrate your knowledge about the research area and prove that you can contribute to scholarly work. Once you have completed your thesis, you will go through an extensive editing process before it can be published. 

A doctorate degree requires the completion of a dissertation. A dissertation is much longer than a master’s thesis and can be anywhere between 100 to 300 pages long. 

Dissertations also typically require an oral defense. You will present your work to a committee and will answer questions about the methodology and interpretation of your dissertation. 

To choose the best type of advanced degree for your circumstances, it is also important that you consider the cost of both master’s degrees as well as Ph.D. programs. Comparing degree costs will help you find a degree that you can afford.

Because a Ph.D. takes much longer to complete than a master’s degree, you can expect it to cost a lot more too! That said, many Ph.D. programs provide funding to students. While this funding or stipend is not much, it will often cover the cost of tuition and living expenses. 

On the other hand, you are completely responsible for your livelihood while pursuing a master’s degree. That means you’ll have to work hard outside of school, reminding yourself that your future career prospects will likely help you make back what you’ve spent (and then some!).

With a Ph.D., you will take longer to graduate, but you will get a higher return on your investment with an even higher average salary than that of a master’s degree holder.

If you pursue an online graduate degree , you can find much more affordable options for both master’s degrees and doctorate degrees. These also make it much easier to study while you continue to work or pursue other endeavors. 

Future Potential 

Finally, you need to consider your future potential when it comes to both of these advanced degrees. While money isn’t the only thing that you should consider, you need to know that you will be able to get a reliable job once you graduate with your degree. 

With a master’s degree, you will open the door for more job opportunities but not necessarily different career prospects. On the other hand, those with a Ph.D. typically do research for their job, often at a university. This allows you to contribute new data to your field and as well as to become an expert in your industry. 

You should also consider your potential salaries with both graduate degrees. Both degrees will advance your career and increase your money-making potential. However, you will almost always be able to make more money when you have a Ph.D. 

Becoming a Graduate Student? Learn More About a Master’s Degree and Ph.D.

When you are considering continuing education, there are many different types of degrees to choose from. Both a master’s degree and a Ph.D. are great options to achieve your education and career goals. By learning more about these differences between graduate degrees, you can find the option that works best for your needs. 

Do you want help with the advanced degree application process? Abound Grad School can help! Check out our website today to learn more about your education options as a graduate student and to find the best graduate school for you .

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Ana -Marcela joins the team as an outreach associate and assistant editor. She values the pursuit of knowledge and is excited to use her research and writing skills to help others fuel their intellectual curiosity.  Ana -Marcela is a native Austinite and she earned her Bachelor’s in English Literature from St. Edward’s University. Her favorite author is Gabriel Garcia Marquez.  Ana -Marcela spends her free time hiking the greenbelt, cruising the aisles of half price books, or cuddling her cats.

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PhD vs Master’s

Students who want to learn more about their subject of choice or want to specialize in a specific topic or field within their subject of choice pursue a master’s degree, after completing their undergraduate degree. Typically, a doctorate degree like Doctor of Philosophy (PhD) is pursued after the completion of the master’s degree. There are some graduate programs in the United States that allow students to complete their master’s and PhD simultaneously, but it’s rare.

It’s important to understand the differences between master’s vs PhD, when you’re planning to enter graduate school . Each offers a different level of education and possibilities in terms of scope of work differ between the two as well.

One of the most common question students have about PhD vs master’s degree is whether one must first get a master’s degree to be eligible to pursue a PhD. The undergraduate degree is considered the first degree, while the master’s is considered the second degree. A doctorate degree like PhD is usually the terminal degree, as the student’s academic life ends once they get their doctorate degree. Most students complete their master’s degree first and then begin pursuing a PhD.

It will take you about five to six years to get a PhD at a graduate school. If you’re pursuing your PhD in the same subject that you did your master’s degree in, you might receive your doctoral degree a little earlier. Unlike in most other countries, in the United States, PhD programs begin with structured classroom sessions and examinations or assessments, followed by the dissertation stage. So, initially, there will be a process of continuous assessment and then you can focus solely on completing your doctoral thesis. This structured training process is the same for master’s vs PhD.

Enrollment Eligibility

Most PhD programs require the student to have completed a master’s degree, though there are exceptions. The application process for PhD programs also take much longer than master’s degrees, because students typically apply for funding and/or fellowships. So, that’s a major difference between PhD vs master’s degree.

Average Cost

The cost of a PhD program in the United States varies between $30,000 to $50,000, but very few doctoral students self-fund their studies. They usually apply for funding and fellowships to subsidize their studies. In addition, graduate schools offer doctoral students in-house assistantship opportunities, which require students to devote 15-20 hours per week in helping out professors or perform other duties and tasks at the university. They get paid for their time, which helps out with the fees. Fellowships also reduce the burden of fees off the students to a great extent.

Average Salary

Traditionally, after completing their PhD people enter the field of full-time research or enter academia to become professors. The entry-level salaries aren’t much higher for a PhD vs master’s degree, but the scope of climbing up the ladder faster in their respective fields is much greater, along with significant increases in salary. However, these days doctoral degree holders are looking beyond academia and into the private sector. Several excellent opportunities have opened in think tanks, consultancies, media organizations, etc. The pay is much higher and the opportunities to implement what you have learned more exciting and interesting.

Master’s Degree

The duration of most master’s degrees is two years or 24 months. There are some that last 18 months or 12 months as well.

The length depends on the number of academic credits that need to be completed to get the degree in question. A two-year master’s degree can have anywhere between 30 and 60 credits.

If you have been awarded an undergraduate degree you’re eligible to apply for a master’s degree. Generally, students opt to pursue their master’s degree in the same subject as their major during the undergraduate degree, though that’s not mandatory. For certain professional master’s degree program such master’s in business administration (MBA), master’s in one of the fields of engineering, master’s in accounting, etc., you might have to sit for an entrance exam. These exams determine if you have the aptitude for the program or not.

How much you pay for your master’s degree depends on a number of factors. Firstly, the type of master’s degree you wish pursue will have a bearing on the cost. Tuition fees for master’s degree programs can vary between $15,000 to $50,000 per year and more, while the professional graduate programs such as business administration and engineering cost more. The type of university or graduate school you go to will also impact the cost. Public universities are state funded and cost lower than private universities. Plus, if you live in the same state as the university you will have to pay a much lower fee than an out-of-state student or international students. If you have a scholarship , you might have to pay only a part of the fee or even study for free.

The US Department of Education provides an online fees calculator at College Affordability and Transparency Center that helps you find out exactly how much you can expect to pay.

The salary you can expect to get after completing your master’s degree is almost entirely dependent on your choice of subject or specialization. Technology and businesses related master’s degrees fetch a lot higher salaries than humanities for instance.

The Final Word

masters vs phd

In regards to cost, it needs to be mentioned that tuition fees isn’t the only cost involved. You will also have to pay certain other fees that varies from graduate school to graduate school. Plus, there are cost involved with buying books, other study materials and more. It’s unlikely that you will have the time or opportunity to do anything other than internships with really low stipends or part-time jobs to help out with the costs.

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  • What is a PhD?

Written by Mark Bennett

A PhD is a doctoral research degree and the highest level of academic qualification you can achieve. The degree normally takes between three and four years of full-time work towards a thesis offering an original contribution to your subject.

This page explains what a PhD is, what it involves and what you need to know if you’re considering applying for a PhD research project , or enrolling on a doctoral programme .

The meaning of a PhD

The PhD can take on something of a mythic status. Are they only for geniuses? Do you have to discover something incredible? Does the qualification make you an academic? And are higher research degrees just for people who want to be academics?

Even the full title, ‘Doctor of Philosophy’, has a somewhat mysterious ring to it. Do you become a doctor? Yes, but not that kind of doctor. Do you have to study Philosophy? No (not unless you want to) .

So, before going any further, let's explain what the term 'PhD' actually means and what defines a doctorate.

What does PhD stand for?

PhD stands for Doctor of Philosophy. This is one of the highest level academic degrees that can be awarded. PhD is an abbreviation of the Latin term (Ph)ilosophiae (D)octor. Traditionally the term ‘philosophy’ does not refer to the subject but its original Greek meaning which roughly translates to ‘lover of wisdom’.

What is a doctorate?

A doctorate is any qualification that awards a doctoral degree. In order to qualify for one you need to produce advanced work that makes a significant new contribution to knowledge in your field. Doing so earns you the title 'Doctor' – hence the name.

So, is a PhD different to a doctorate? No. A PhD is a type of doctorate .

The PhD is the most common type of doctorate and is awarded in almost all subjects at universities around the world. Other doctorates tend to be more specialised or for more practical and professional projects.

Essentially, all PhDs are doctorates, but not all doctorates are PhDs.

Do you need a Masters to get a PhD?

Not necessarily. It's common for students in Arts and the Humanities to complete an MA (Master of Arts) before starting a PhD in order to acquire research experience and techniques. Students in Science, Technology, Engineering and Mathematics (STEM) don't always need an MS/MSc (Master of Science) to do a PhD as you'll gain training in lab techniques and other skills during your undergraduate degree.

Whether a Masters is a requirement for a PhD also varies by country. Australian PhDs may require a Masters as the equivalent of their own 'honours year' (where students work on research). US PhD programmes often include a Masters.

We have a whole guide dedicated to helping you decide whether a PhD without a Masters is the right route for you.

The origin of the PhD

Despite its name, the PhD isn't actually an Ancient Greek degree. Instead it's a much more recent development. The PhD as we know it was developed in nineteenth-century Germany, alongside the modern research university.

Higher education had traditionally focussed on mastery of an existing body of scholarship and the highest academic rank available was, appropriately enough, a Masters degree.

As the focus shifted more onto the production of new knowledge and ideas, the PhD degree was brought in to recognise those who demonstrated the necessary skills and expertise.

The PhD process – what's required to get a PhD?

The typical length of a PhD is three to four years full-time, or five to six years part-time.

Unlike most Masters courses (or all undergraduate programmes), a PhD is a pure research degree. But that doesn’t mean you’ll just spend years locked away in a library or laboratory. In fact, the modern PhD is a diverse and varied qualification with many different components.

Whereas the second or third year of a taught degree look quite a lot like the first (with more modules and coursework at a higher level) a PhD moves through a series of stages.

A typical PhD normally involves:

  • Carrying out a literature review (a survey of current scholarship in your field).
  • Conducting original research and collecting your results .
  • Producing a thesis that presents your conclusions.
  • Writing up your thesis and submitting it as a dissertation .
  • Defending your thesis in an oral viva voce exam.

These stages vary a little between subjects and universities, but they tend to fall into the same sequence over the three years of a typical full-time PhD.

The first year of a PhD

The beginning of a PhD is all about finding your feet as a researcher and getting a solid grounding in the current scholarship that relates to your topic.

You’ll have initial meetings with your supervisor and discuss a plan of action based on your research proposal.

The first step in this will almost certainly be carrying out your literature review . With the guidance of your supervisor you’ll begin surveying and evaluating existing scholarship. This will help situate your research and ensure your work is original.

Your literature review will provide a logical jumping off point for the beginning of your own research and the gathering of results . This could involve designing and implementing experiments, or getting stuck into a pile of primary sources.

The year may end with an MPhil upgrade . This occurs when PhD students are initially registered for an MPhil degree and then ‘upgraded’ to PhD candidates upon making sufficient progress. You’ll submit material from your literature review, or a draft of your research findings and discuss these with members of your department in an upgrade exam . All being well, you’ll then continue with your research as a PhD student.

PhDs in other countries

The information on the page is based on the UK. Most countries follow a similar format, but there are some differences. In the USA , for example, PhD students complete reading assignments and examinations before beginning their research. You can find out more in our guides to PhD study around the world .

The second year of a PhD

Your second year will probably be when you do most of your core research. The process for this will vary depending on your field, but your main focus will be on gathering results from experiments, archival research, surveys or other means.

As your research develops, so will the thesis (or argument) you base upon it. You may even begin writing up chapters or other pieces that will eventually form part of your dissertation .

You’ll still be having regular meetings with your supervisor. They’ll check your progress, provide feedback on your ideas and probably read any drafts your produce.

The second year is also an important stage for your development as a scholar. You’ll be well versed in current research and have begun to collect some important data or develop insights of your own. But you won’t yet be faced with the demanding and time-intensive task of finalising your dissertation.

So, this part of your PhD is a perfect time to think about presenting your work at academic conferences , gaining teaching experience or perhaps even selecting some material for publication in an academic journal. You can read more about these kinds of activities below.

The third year of a PhD

The third year of a PhD is sometimes referred to as the writing up phase.

Traditionally, this is the final part of your doctorate, during which your main task will be pulling together your results and honing your thesis into a dissertation .

In reality, it’s not always as simple as that.

It’s not uncommon for final year PhD students to still be fine-tuning experiments, collecting results or chasing up a few extra sources. This is particularly likely if you spend part of your second year focussing on professional development.

In fact, some students actually take all or part of a fourth year to finalise their dissertation. Whether you are able to do this will depend on the terms of your enrolment – and perhaps your PhD funding .

Eventually though, you are going to be faced with writing up your thesis and submitting your dissertation.

Your supervisor will be very involved in this process. They’ll read through your final draft and let you know when they think your PhD is ready for submission.

All that’s left then is your final viva voce oral exam. This is a formal discussion and defence of your thesis involving at least one internal and external examiner. It’s normally the only assessment procedure for a PhD. Once you’ve passed, you’ve done it!

Looking for more information about the stages of a PhD?

How do you go about completing a literature review? What's it like to do PhD research? And what actually happens at an MPhil upgrade? You can find out more in our detailed guide to the PhD journey .

Doing a PhD – what's it actually like?

You can think of the ‘stages’ outlined above as the basic ‘roadmap’ for a PhD, but the actual ‘journey’ you’ll take as a research student involves a lot of other sights, a few optional destinations and at least one very important fellow passenger.

Carrying out research

Unsurprisingly, you’ll spend most of your time as a PhD researcher… researching your PhD. But this can involve a surprisingly wide range of activities.

The classic image of a student working away in the lab, or sitting with a pile of books in the library is true some of the time – particularly when you’re monitoring experiments or conducting your literature review.

Your PhD can take you much further afield though. You may find yourself visiting archives or facilities to examine their data or look at rare source materials. You could even have the opportunity to spend an extended period ‘in residence’ at a research centre or other institution beyond your university.

Research is also far from being a solitary activity. You’ll have regular discussions with your supervisor (see below) but you may also work with other students from time to time.

This is particularly likely if you’re part of a larger laboratory or workshop group studying the same broad area. But it’s also common to collaborate with students whose projects are more individual. You might work on shorter projects of joint interest, or be part of teams organising events and presentations.

Many universities also run regular internal presentation and discussion groups – a perfect way to get to know other PhD students in your department and offer feedback on each other’s work in progress.

Working with your supervisor

All PhD projects are completed with the guidance of at least one academic supervisor . They will be your main point of contact and support throughout the PhD.

Your supervisor will be an expert in your general area of research, but they won’t have researched on your exact topic before (if they had, your project wouldn’t be original enough for a PhD).

As such, it’s better to think of your supervisor as a mentor, rather than a teacher.

As a PhD student you’re now an independent and original scholar, pushing the boundaries of your field beyond what is currently known (and taught) about it. You’re doing all of this for the first time, of course. But your supervisor isn’t.

They’ll know what’s involved in managing an advanced research project over three years (or more). They’ll know how best to succeed, but they’ll also know what can go wrong and how to spot the warning signs before it does.

Perhaps most importantly, they’ll be someone with the time and expertise to listen to your ideas and help provide feedback and encouragement as you develop your thesis.

Exact supervision arrangements vary between universities and between projects:

  • In Science and Technology projects it’s common for a supervisor to be the lead investigator on a wider research project, with responsibility for a laboratory or workshop that includes several PhD students and other researchers.
  • In Arts and Humanities subjects, a supervisor’s research is more separate from their students’. They may supervise more than one PhD at a time, but each project is essentially separate.

It’s also becoming increasingly common for PhD students to have two (or more) supervisors. The first is usually responsible for guiding your academic research whilst the second is more concerned with the administration of your PhD – ensuring you complete any necessary training and stay on track with your project’s timetable.

However you’re supervised, you’ll have regular meetings to discuss work and check your progress. Your supervisor will also provide feedback on work during your PhD and will play an important role as you near completion: reading your final dissertation draft, helping you select an external examiner and (hopefully) taking you out for a celebratory drink afterwards!

Professional development, networking and communication

Traditionally, the PhD has been viewed as a training process, preparing students for careers in academic research.

As such, it often includes opportunities to pick up additional skills and experiences that are an important part of a scholarly CV. Academics don’t just do research after all. They also teach students, administrate departments – and supervise PhDs.

The modern PhD is also viewed as a more flexible qualification. Not all doctoral graduates end up working in higher education. Many follow alternative careers that are either related to their subject of specialism or draw upon the advanced research skills their PhD has developed.

PhD programmes have begun to reflect this. Many now emphasise transferrable skills or include specific training units designed to help students communicate and apply their research beyond the university.

What all of this means is that very few PhD experiences are just about researching and writing up a thesis.

The likelihood is that you’ll also do some (or all) of the following during your PhD:

The work is usually paid and is increasingly accompanied by formal training and evaluation.

Conference presentation

As a PhD student you’ll be at the cutting edge of your field, doing original research and producing new results. This means that your work will be interest to other scholars and that your results could be worth presenting at academic conferences .

Doing this is very worthwhile, whatever your career plans. You’ll develop transferrable skills in public speaking and presenting, gain feedback on your results and begin to be recognised as an expert in your area.

Conferences are also great places to network with other students and academics.

Publication

As well as presenting your research, you may also have the opportunity to publish work in academic journals, books, or other media. This can be a challenging process.

Your work will be judged according to the same high standards as any other scholar’s and will normally go through extensive peer review processes. But it’s also highly rewarding. Seeing your work ‘in print’ is an incredible validation of your PhD research and a definite boost to your academic CV.

Public engagement and communication

Academic work may be associated with the myth of the ‘ivory tower’ – an insular community of experts focussing on obscure topics of little interest outside the university. But this is far from the case. More and more emphasis is being placed on the ‘impact’ of research and its wider benefits to the public – with funding decisions being made accordingly.

Thankfully, there are plenty of opportunities to try your hand at public engagement as a PhD student. Universities are often involved in local events and initiatives to communicate the benefits of their research, ranging from workshops in local schools to public lectures and presentations.

Some PhD programmes include structured training in order to help students with activities such as the above. Your supervisor may also be able to help by identifying suitable conferences and public engagement opportunities, or by involving you in appropriate university events and public engagement initiatives.

These experiences will be an important part of your development as a researchers - and will enhance the value of your PhD regardless of your career plans.

What is a PhD for – and who should study one?

So, you know what a PhD actually is, what’s involved in completing one and what you might get up to whilst you do. That just leaves one final question: should you do a PhD?

Unfortunately, it’s not a question we can answer for you.

A PhD is difficult and uniquely challenging. It requires at least three years of hard work and dedication after you’ve already completed an undergraduate degree (and probably a Masters degree too).

You’ll need to support yourself during those years and, whilst you will be building up an impressive set of skills, you won’t be directly progressing in a career.

But a PhD is also immensely rewarding. It’s your chance to make a genuine contribution to the sum of human knowledge and produce work that other researchers can (and will) build on in future. However obscure your topic feels, there’s really no such thing as a useless PhD.

A PhD is also something to be incredibly proud of. A proportionately tiny number of people go on to do academic work at this level. Whatever you end up doing after your doctorate you’ll have an impressive qualification – and a title to match. What’s more, non-academic careers and professions are increasingly recognising the unique skills and experience a PhD brings.

Other PhDs - do degree titles matter?

The PhD is the oldest and most common form of higher research degree, but a few alternatives are available. Some, such as the DPhil are essentially identical to a PhD. Others, such as the Professional Doctorate or DBA are slightly different. You can find out more in our guide to types of PhD .

Is a PhD for me?

There’s more advice on the value of a PhD – and good reasons for studying one – elsewhere in this section. But the following are some quick tips if you’re just beginning to consider a PhD.

Speak to your lecturers / tutors

The best people to ask about PhD study are people who’ve earned one. Ask staff at your current or previous university about their experience of doctoral research – what they enjoyed, what they didn’t and what their tips might be.

If you’re considering a PhD for an academic career, ask about that too. Are job prospects good in your field? And what’s it really like to work at a university?

Speak to current PhD students

Want to know what it’s like studying a PhD right now? Or what it’s like doing research at a particular university? Ask someone who knows.

Current PhD students were just like you a year or two ago and most will be happy to answer questions.

If you can’t get in touch with any students ‘face to face’, pop over to the Postgraduate Forum – you’ll find plenty of students there who are happy to chat about postgraduate research.

Take a look at advertised projects and programmes

This may seem like a strange suggestion. After all, you’re only going to study one PhD, so what’s the point of reading about lots of others?

Well, looking at the details of different PhD projects is a great way to get a general sense of what PhD research is like. You’ll see what different PhDs tend to have in common and what kinds of unique opportunity might be available to you.

And, with thousands of PhDs in our database , you’re already in a great place to start.

Read our other advice articles

Finally, you can also check out some of the other advice on the FindAPhD website. We’ve looked at some good (and bad) reasons for studying a PhD as well as the value of a doctorate to different career paths.

More generally, you can read our in-depth look at a typical PhD journey , or find out more about specific aspects of doctoral study such as working with a supervisor or writing your dissertation .

We add new articles all the time – the best way to stay up to date is by signing up for our free PhD opportunity newsletter .

Ready to find your PhD?

Head on over to our PhD search listings to learn what opportunities are on offer within your discipline.

Our postgrad newsletter shares courses, funding news, stories and advice

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Masters vs PhD: Difference and Comparison

Key Takeaways A Master’s degree focuses on acquiring advanced knowledge in a specific field, while a PhD emphasizes original research and the creation of new knowledge. Masters programs take 1-2 years to complete, whereas PhD programs can take 4-6 years or more. A Master’s degree is a prerequisite for pursuing a PhD, but the latter leads to more specialized career opportunities and the potential for higher-paying positions.

Masters vs PhD

Similar reads, comparison table.

ValueComparatively lessMore
TimeLessMore
FinancingComparatively, less financing is requiredComparatively, more financing is required
SalaryComparatively, fewer salary packages are offered after completion.Comparatively, more salary packages are offered after completion.
RequirementsA student must complete their bachelor’s degree in their respective course.A student must complete their bachelor’s degree in their respective course.

What is Masters’s Degree?

What is a phd, main differences between masters and phd.

Last Updated : 13 July, 2023

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Quick Guide: Your College Degree Options

Find the right college for you.

There are generally four categories of college degrees: associate degree, bachelor’s degree, graduate degree, and doctorate or professional degree. Each category comes with its own particular subcategories, and there are some subtle differences between a doctorate and a professional degree.

If you ever find yourself lost in the sea of abbreviations for degrees, you're not alone. This quick guide is here to clear the air regarding the types of degrees available to you and what each one means.

Guide to College Degrees, Professional Studies & Certifications

Associate degree.

An associate degree is a two-year degree typically offered at community colleges, technical colleges, and career colleges. However, some four-year universities offer them as well. Examples of some associate degrees include Associate of Arts (AA) and Associate of Science (AS).

AS degrees are generally more narrowly focused and prepare students for science and math-related careers. AA degrees are broader and focus on fields outside of math and science such as liberal arts, business administration, criminal justice, and culinary arts.

Some students who earn an associate degree transfer to a four-year program to earn a bachelor’s degree. Others complete associate degrees and then go straight to work.

Bachelor's or Baccalaureate Degree

Bachelor’s degrees require students to complete four- or five-year programs in a specific academic discipline. The two most common types of bachelor’s degrees are bachelor of arts (BA) and bachelor of science (BS). Other types of bachelor’s degrees include the bachelor of fine arts (BFA), and bachelor of architecture (BArch).

Because bachelor’s degrees train students to enter a specific field, many professional careers require them. Earning a bachelor’s degree can open the door to many job opportunities and increase your potential income.

Some institutions offer a liberal arts and career combination program, also called a 3-2 program. This is a type of dual degree in which a student completes three years of liberal arts study followed by two years of professional or technical study. In the end, students earn two bachelor’s degrees, usually a BA and a BS.

An example of this is Columbia University’s 3-2 Combined Plan program in which students can earn a BA and a BS in five years.

Some colleges also let you earn a teacher certification by combining bachelor's degree study with state certification requirements. State requirements vary, but these programs usually feature professional education courses, including student teaching.

Graduate Degree

Graduate degrees are advanced degrees that some students pursue after earning a bachelor’s degree. The two most common are master of arts (MA) and master of science (MS). Other examples include master of fine arts (MFA) and master of business administration (MBA). A graduate degree is like an extension of a bachelor’s degree whereby a student further enriches their knowledge of their field and narrows their f ocus of study .

Graduate degrees usually take around two years to attain, but this can vary based on the degree. Many institutions allow students to enroll in a graduate program in a field unrelated to their bachelor’s degree. This may require some extra credit hours, though.

Professional Degree

Students earn professional degrees to become licensed to work in professions like medicine or law. The M.D. degree is an example. Professional programs generally require a college degree before you start them and then at least three years of study to complete.

Doctoral Degree and Professional Degree

The doctorate and professional degrees are the highest levels of education one can attain. They signify mastery of a subject and often come with the coveted title “doctor.” Although the two are similar, there are some important differences.

A doctorate or doctoral degree is a research-oriented degree focused on scholarly development. The most common doctorate is the Doctor of Philosophy (PhD). Despite the name, a PhD covers many disciplines, not just philosophy.

A professional degree is an application-oriented degree, meaning it prepares students for a specific working position. There are many types of professional degrees. Some examples are: doctor of medicine (MD), doctor of pharmacy (PharmD), and doctor of medicine in dentistry (DMD) in the field of medicine, and juris doctor (JD) and doctor of juridical science (SJD) in the field of law.

A graduate degree does not need to precede a doctorate or professional degree. Often, students will go straight into a doctorate or professional program following their bachelor’s, however some programs will require a master’s degree to gain entry. Completion can take anywhere from four to eight years, depending on the field of study.

Many doctoral students work either full-time or part-time while they study in the program. This, along with the field they are studying, will significantly affect the time it takes to complete their degree.

Joint Degrees

Some students may choose to pursue a joint degree, also known as a dual degree, which means they simultaneously study for a bachelor’s degree and a graduate degree. Joint degrees can be pursued in the same college or can be split between two different colleges. For example, Berklee College of Music and Harvard University offer a dual bachelor’s/master’s program in which a student receives a bachelor of arts (BA) at Harvard and a master of music (MM) or master of arts (MA) at Berklee.

Depending on the program, it may be possible to study at the same time for a master's degree and a doctorate. For example, the University of Southern California offers a program leading to doctor of pharmacy and master of public health degrees.

How do academic degrees go in order?

There are four types of degrees. In order of level of education, they rank as associate degree, bachelor’s degree, master’s or graduate degrees, and doctorate or professional degrees.

How many degrees are there in college?

Most community colleges offer only two-year associate degrees, while most four-year colleges offer bachelor’s, graduate, and doctorate or professional degrees. Some four-year colleges may also have associate degree programs.

How many years do you have to be in college to achieve certain degrees?

Though it will vary between academic disciplines, associate degrees usually take two years to achieve, bachelor’s degrees take four years, master’s degrees take two years, and doctorate or professional degrees can take anywhere from four to eight years.

What is an eight-year degree?

An “eight-year degree” typically refers to a doctorate degree or PhD. Although some doctorates can be completed in as little as three years, these degrees typically require more time studying highly specialized subjects. Students in these programs often must defend a dissertation while already working a professional job.

What are the four years of college called?

The first four years of college are the undergraduate years, and a student studying for a bachelor’s degree is called an undergraduate. The four years refer to the total accumulated credit hours; a student may take fewer or more than four years to attain their undergraduate degree.

What does a graduate degree mean?

A graduate degree or master’s degree is an advanced degree that some students pursue after earning a bachelor’s degree. Earning a graduate degree signifies mastery of a particular field of study and focuses more intensely on a subject than a bachelor’s degree does. Graduate degrees usually take two years to attain.

What do you call a master's student?

A master's student is called a graduate student or “grad student” for short. A student still studying for a bachelor’s degree is called an undergraduate student or “undergrad student.”

How many years is a master's degree?

Graduate degrees usually take around two years to attain, but this can vary based on the degree. Many institutions allow students to enroll in a graduate program in a field unrelated to their bachelor’s degree, although it may require some extra credit hours.

Related Articles

  • Is a PhD in Computer Science Worth It?
  • Things You Can Do with a PhD in CS
  • Pros and Cons
  • What to Expect in a PhD Program
  • Skills and Knowledge

Financial Considerations

  • Alternatives to a PhD
  • Evaluating the ROI

Is a PhD in Computer Science Worth It in 2024? Uncover the Pros and Cons

Is a PhD in Computer Science worth it? That’s the question on the minds of many aspiring tech wizards and seasoned professionals alike.

Is a PhD in Computer Science Worth It

Diving into a PhD is no small feat—it’s a journey that demands time, dedication, and, let’s be honest, a fair bit of brainpower. But what’s at the end of this academic rainbow? Prestigious research positions, groundbreaking discoveries, or perhaps a sense of personal achievement?

In this article, we’ll peel back the layers of this complex decision, offering insights and perspectives to help you steer through this important choice. Whether you’re driven by passion for research or the allure of high-level industry roles, let’s explore together what a PhD in Computer Science can mean for you—no fluff, just the facts, and a bit of friendly advice.

Is It Worth Getting a PhD in Computer Science?

Whether a PhD in Computer Science is worth it really depends on what you want out of your career and what excites you most. If you’re aiming for high-level research roles in academia or industry, a PhD can open those doors, letting you work on cutting-edge technologies and become a top expert in your field.

But keep in mind, it’s a big time commitment, usually 4-6 years, and it doesn’t always lead to higher pay compared to jobs you can get with just a master’s degree. Plus, less than 10% of PhD grads land tenure-track academic positions.

If you’re passionate about research and ready to invest the time and effort, a PhD can open doors to exciting opportunities. But it’s also important to consider the time commitment, financial implications, and alternative paths.

In the sections that follow, we’ll explore these factors more deeply to help you make an informed decision about whether pursuing a PhD is worthwhile.

5 Things You Can Do with a Doctorate Degree in Computer Science

A doctorate in computer science opens up a world of opportunities, allowing you to dive deep into advanced research and secure high-level positions. Here is our list of the five careers you can pursue with a doctorate degree in computer science:

1. Computer Science Professor

As a professor, you can teach and mentor the next generation of computer scientists while conducting your own research. This role is ideal if you love academia and research.

2. Computer and Information Research Scientist

In this role, you’ll work on cutting-edge technologies and solve complex problems, often in a research lab or for a tech company. It’s perfect for those passionate about innovation.

3. Chief Technology Officer (CTO)

As a CTO, you lead a company’s tech strategy, making high-level decisions about technology and innovation. This role is perfect for those who want to blend research with leadership.

4. Data Scientist

Data scientists analyze complex data to help organizations make informed decisions. This role is in high demand and offers lucrative salaries, making it a practical choice for PhD holders.

5. AI Researcher

Specializing in artificial intelligence, you’ll develop new algorithms and models, pushing the boundaries of what AI can achieve. This is a rapidly growing field with immense potential.

As we’ve listed, a PhD in CS can lead to diverse and fulfilling career paths. Whether you aim for academia, industry, or leadership roles, the skills and knowledge you gain will be invaluable.

Pros and Cons of a Doctorate in Computer Science

Getting a doctorate degree in computer science is a major commitment, and it’s important to weigh the pros and cons before embarking on this journey. Let’s break it down:

Here are some advantages:

Research Opportunities You’ll have the chance to conduct cutting-edge research and potentially make groundbreaking contributions to your field.
Expertise and Credibility A PhD establishes you as an expert in your area of specialization, lending credibility to your work.
Academic Career Path A PhD is often a prerequisite for tenure-track faculty positions at research universities.
Higher Earning Potential While not guaranteed, PhD holders in computer science tend to have higher earning potential, especially in research-oriented roles.

Here are some disadvantages:

Lengthy Process Completing a PhD typically takes 4-6 years of intensive study and research.
Opportunity Cost You’ll be foregoing potential industry earnings and experience during those years.
Financial Burden Despite funding opportunities, some students still face financial strain during their PhD.
Competitive Job Market Securing a tenure-track academic position can be highly competitive, with limited openings.

Remember, the decision to get a PhD should be driven by your passion for research and a genuine interest in contributing to the field. From the pros and cons we’ve outlined above, pursuing a PhD presents a demanding journey. However, for those who find fulfillment in an academic environment, the potential rewards are significant.

What to Expect in a Computer Science PhD Program

When considering a PhD in Computer Science, it’s important to understand what the program entails and how long it typically takes. Most PhD programs in this field last between 4-6 years and are structured around a combination of coursework, research, and a dissertation.

You’ll start with advanced classes to build a strong foundation, then move on to conducting original research under the guidance of a faculty advisor, and finally, you’ll write and defend your dissertation.

Skills and Knowledge Gained

Starting a doctoral journey in computer science isn’t just about earning a title; it’s going deep into the world of tech that may significantly shape your skillset and knowledge. Here’s a sneak peek into what you might learn along the way:

  • Advanced Research Skills : You’ll likely become a pro at digging deep into complex topics, uncovering new insights, and pushing the boundaries of what’s known.
  • Problem-Solving Mastery : Tackling some of the toughest challenges in the field may fine-tune your ability to think critically and find innovative solutions.
  • Technical Writing : The art of clearly communicating complex ideas in writing is a skill you may master, making your research accessible to others.
  • Expertise in Specialized Areas : Whether it’s artificial intelligence, software engineering, or another niche, you might emerge as an expert in a specific domain of computer science.
  • Collaboration and Teamwork : Working closely with peers and mentors may enhance your ability to collaborate effectively on complex projects.

Remember, while a PhD can be a gateway to acquiring these skills, it’s not a guaranteed path to success. We encourage you to make the most of the journey and apply what you learn.

Career Opportunities and Financial Benefits

Getting a doctoral degree in computer science can open up a wide range of career opportunities and potentially lead to significant financial benefits. Here’s a closer look at what you might expect:

Career Opportunities

  • Academia: Many PhD graduates go on to become professors or researchers at universities. Institutions like MIT, Georgia Tech, and the University of Washington are common destinations for PhD holders.
  • Industry and Research Labs: Companies such as Apple, Microsoft, and Intel, as well as research labs like Oak Ridge National Laboratory, actively seek PhD graduates for advanced research roles.
  • Startups: Some PhD holders leverage their expertise to launch or join innovative startups, contributing to cutting-edge technology development.

Financial Benefits

  • Higher Earning Potential: PhD holders in computer science often have higher earning potential compared to those with just a masters degree. For example, professionals with a PhD can earn significantly more in specialized roles such as computer and information research scientists, who have a median annual salary of over $145,080, according to the Bureau of Labor Statistics (BLS).
  • Specialized Roles: Advanced positions like computer network architects and information security analysts, which often require or prefer a PhD, offer salaries well above the national average, sometimes exceeding $195,000 annually (BLS).

As we’ve highlighted, while a PhD in Computer Science can lead to rewarding career paths and financial gains, it’s important to weigh these benefits against the time and effort required to complete the program.

When deciding whether to pursue a PhD in Computer Science, it’s important to weigh the financial aspects.

Salaries: PhD vs. Masters

On average, PhD holders in computer science can earn between $92,000 and $138,000 per year. In contrast, those with a master’s degree typically earn less, though still substantial salaries.

According to PayScale, the average salary for a PhD holder is around $133,000, while a master’s degree holder earns about $102,000 annually.

Average Salary $92,000 – $138,000 Around $102,000
Opportunity Cost 4-6 years in academia Immediate industry experience
Financial Support Stipends and tuition waivers, but may not cover all living expenses Typically self-funded or employer-sponsored
Career Opportunities High-level research and academic roles Industry roles, potentially less specialized

Opportunity Cost: Time Spent in Academia vs. Industry Experience

The opportunity cost is a significant consideration. Spending 4-6 years in academia means forgoing potential industry earnings and experience during that time. Additionally, while many PhD programs offer stipends and tuition waivers, the financial support may not fully cover living expenses, leading to potential financial strain.

On the flip side, a PhD can open doors to high-level research positions and academic roles that may not be accessible with just a masters degree. Ultimately, it’s about balancing your passion for research with the financial realities and long-term career goals.

Potential Challenges and Drawbacks

Getting a PhD in Computer Science comes with its fair share of challenges. First, the time commitment is significant, typically taking 4-6 years to complete. This extended period means you might miss out on industry experience and potential earnings during those years.

While many PhD programs provide stipends and tuition waivers, the financial support may not be enough to cover all living expenses, potentially causing financial difficulties.

According to the Council of Graduate Schools , the dropout rate for PhD programs can be as high as 51%, reflecting the demanding nature of the program. Balancing coursework, research, and teaching responsibilities can be overwhelming, and not everyone makes it to the finish line.

Time Commitment Typically 4-6 years to complete
Financial Burden Tuition, lost wages, and stipends that may not cover all living expenses
High Dropout Rates Completion rates can be as low as 50% due to the demanding nature of the program

Understanding these challenges is crucial in deciding if a PhD is the right path for you.

Alternatives to a PhD in CS

If a PhD feels like a big commitment, there are plenty of other paths to consider. Here are some alternatives we suggest that might suit your career goals and interests:

Master’s Degrees and Professional Certifications

  • Master’s in Computer Science : Offers advanced knowledge and can lead to higher-paying roles.
  • Master’s in Information Systems Management : Focuses on managing IT systems and can lead to roles like IT manager or systems analyst.
  • Master’s in Data Science : Prepares you for roles in data analysis and machine learning, fields that are in high demand.
  • AWS Certified Solutions Architect : Validates your expertise in designing and deploying scalable systems on AWS, a valuable skill in today’s cloud-driven world.
  • Cisco Certified Network Professional (CCNP) : Demonstrates advanced networking skills, opening doors to network engineering and administration roles.

Industry Experience and Self-Learning

Gaining hands-on experience in the industry can be just as valuable as formal education. Many tech professionals build successful careers through self-learning and on-the-job training. Resources like online courses, coding bootcamps, and professional development programs can help you stay current with industry trends and technologies.

Comparing the ROI of a PhD vs. Other Educational Paths

When considering the return on investment (ROI), it’s essential to weigh the costs and benefits. According to a report by the Foundation for Research on Equal Opportunity , the median ROI for a master degree in computer science is significantly higher than many other fields, often exceeding $500,000 over a lifetime.

In contrast, the financial return on a PhD can vary widely and may not always justify the additional time and expense. This discrepancy often leads many to question whether pursuing a master’s in computer science is worth it — more than obtaining a PhD.

At certain points in their career, some individuals may find an associate’s degree in computer science to be worthwhile . We recommend exploring these alternatives to help you find the best path to achieve your career goals without the long-term commitment of a PhD.

Find our quick answers to the most frequently asked questions below.

How Hard is it to Get into a PhD Program in Computer Science?

Getting into a PhD program in computer science is quite competitive.

  • According to the University of Illinois Chicago , applicants need at least a 3.5 GPA in their final 60 semester hours and strong GRE scores, especially for financial aid.
  • Harvard ‘s program highlights the need for a solid background in various sub-areas of computer science, along with a high GPA and strong letters of recommendation.
  • The University of Washington receives around 2,500 applications annually for just 50-60 spots, making the acceptance rate roughly 2%.

These stats show that while challenging, strong academic credentials and research experience can significantly boost your chances.

Admission requirements can be quite rigorous. Here’s what we usually find:

  • Prior Degrees: A master’s degree in computer science or a related field, though some programs accept exceptional candidates with just a bachelor’s degree in computer science or related.
  • GPA: A strong GPA, often at least 3.5 out of 4.0.
  • Standardized Tests: GRE scores are recommended and sometimes required, especially for financial aid applicants.
  • Letters of Recommendation: Typically, three letters from academic or professional references.
  • Personal Statement: A statement of purpose outlining your research interests and career goals.

Understanding these elements can help you decide if pursuing a PhD aligns with your career goals and interests.

Is a PhD Right for You?

Deciding whether to get a PhD in Computer Science is a deeply personal choice that depends on several factors.

We suggest starting with a self-assessment::

  • What are your career goals?
  • Are you financially stable enough to commit to several years of study?
  • Do you have a genuine passion for research?

According to the University of Houston, a PhD requires a significant investment of time and effort, often 4-6 years.

Seek advice from current PhD holders and industry professionals. Many emphasize that a PhD is worthwhile if you love research and want to contribute to cutting-edge advancements. However, they also caution about the financial and emotional challenges involved.

Ultimately, making an informed decision means weighing your personal circumstances, career aspirations, and readiness for the demands of a PhD program. It’s about finding the right balance between your passion for research and the practical realities of life.

Can You Get a PhD in Computer Science While Working?

Yes, you can get a PhD in Computer Science while working, but it’s a challenging path that requires careful planning and commitment. Many computer science colleges offer part-time or online PhD programs designed for working professionals.

The key is finding a program that aligns with your schedule and career goals. You’ll likely need to balance coursework, research, and your job responsibilities, so strong time management skills are crucial. It’s also essential to have support from your employer and open communication about your academic pursuits.

While it’s possible, completing a PhD while working full-time is a significant undertaking, and the timeline may be extended compared to a traditional full-time program. With dedication and proper planning, you can make it work, but be prepared for a demanding journey.

Weighing the Value of a PhD in Computer Science

Is a PhD worth it? It depends on your career goals, financial stability, and passion for research.

We’ve explored the program structure, potential career opportunities, financial considerations, and the challenges involved. A PhD can open doors to high-level research positions and academic roles, but it also requires a substantial time and financial commitment.

It’s essential to weigh the pros and cons carefully and consider your personal circumstances. If you’re driven by a love for research and a desire to contribute to the field, a PhD might be the right path for you.

2 masters degree vs. phd

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  1. Master's vs PhD/Doctorate Degrees

    2 masters degree vs. phd

  2. Comparing Masters and Ph.D. Programs

    2 masters degree vs. phd

  3. Master’s Degree Vs PhD Know The Difference

    2 masters degree vs. phd

  4. masters degree vs doctorate

    2 masters degree vs. phd

  5. The Difference Between a Master's and PhD

    2 masters degree vs. phd

  6. Difference Between Master's Degree and PhD: Everything You Need to Know

    2 masters degree vs. phd

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  4. Masters vs PhD

  5. Pros and Cons of an MD/PhD Program

  6. Master's vs PhD

COMMENTS

  1. Second Master's or PhD?

    Notes: (1) The tuition fee values for the second Master's is based on the average fees for an MSc. (2) The above table assumes a second Master's duration of 1 year and a PhD duration of 4 years. (3) The fees and durations are indicative - the exact values vary depending on the course and university. It's also important to bear in mind ...

  2. Master's vs PhD

    The two most common types of graduate degrees are master's and doctoral degrees: A master's is a 1-2 year degree that can prepare you for a multitude of careers. A PhD, or doctoral degree, takes 3-7 years to complete (depending on the country) and prepares you for a career in academic research. A master's is also the necessary first ...

  3. Should I Pursue A Master's or A Ph.D.?

    Ph.D. study includes a major research project in addition to coursework, and a Ph.D. is the highest scholastic degree awarded by American universities. Contrary to common perception, career paths for Ph.D. graduates are quite varied, not just limited to academia. Ph.D. training helps you hones skills such as writing, research, teaching, data ...

  4. Masters vs PhD Degree

    One of the key differences between undergraduate and graduate degrees, whether you pursue a masters or PhD, is the ability of graduate student to focus on a field and subject in which they are very interested. Plus, while a graduate degree may jumpstart your career, it is not perceived as mandatory as an undergraduate degree may be.

  5. Demystifying Graduate Degrees: Comparing Master's vs. Doctorate

    In some fields, having a doctorate can lead to higher earning potential and increased salary opportunities. According to the U.S. Bureau of Labor Statistics, doctoral degree holders made an average of $1,885 per week in 2020, while master's degree holders made an average of $1,545 per week. Contribution to society:

  6. PhD vs Master's Degree: What's the Difference?

    There are also differences between the structure of each program type. A master's degree program typically includes one to two years of classes with an internship or capstone project in the last year. A Ph.D. typically includes three to five years of classes, with two to three years of preparation for a dissertation.

  7. Master's vs PhD

    2. PhD: After earning a master's degree, the next step is a PhD, which entails both working and performing research at an institution. A PhD is an abbreviation for "Doctor of Philosophy.". It is the highest academic degree one can achieve. As such, it is a time-consuming pursuit that requires a lot of studying and research.

  8. Master's vs. Ph.D.: What's the Difference and Which One to Choose

    Ph.D.'s take a considerably longer time to complete than a master's, five to eight years on average, and they carry a rather high rate of noncompletion due to time and financial commitments. Many Ph.D. programs have stipends available, so it's important to inquire about that when researching a particular program.

  9. Masters vs PhD

    A Masters degree is the next level of education after the completion of an undergraduate degree, commonly known as a Bachelors. These degree levels are often referred to in terms of cycles so that a Bachelor's is a first-cycle degree, a Masters is a second-cycle and finally, a PhD is the third-cycle of higher education (and the highest).

  10. The Difference Between Masters and PhD Study

    The most obvious difference between a Masters and a PhD in terms of overarching course structure is length. Whereas a Masters is completed in 1-2 years, a PhD will usually take 3-4 years (if studied full-time) or 5-6 years (if studied part-time). 3-4 years may sound like a long time, but by the end of a PhD you'll not only researched, written ...

  11. Masters vs PhD

    Generally, individuals with a PhD tend to earn higher salaries than those with just a Master's degree. The advanced knowledge, specialized skills, and research experience gained during a PhD program make individuals more valuable in the job market, leading to better job prospects and higher earning potential.

  12. Masters vs. PhD

    A Master's degree and a PhD (Doctor of Philosophy) are both advanced academic degrees, but they differ in terms of their level of specialization and the depth of research involved. A Master's degree typically requires one to two years of study beyond a bachelor's degree and focuses on providing a comprehensive understanding of a specific field ...

  13. Master's vs PhD: Which Degree Is The Right One for You?

    Master's Program PhD Program; Requisites: Bachelor's degree: Many countries require a Master's degree. However, in the US, you can join a PhD Program with a Bachelor's degree. Length of Program: 1-2 years: 4-7 years (it depends on the country and each structure) Focus of Program: Advanced knowledge and skills in a field

  14. PhD vs. Master's: What's the Difference Between Them?

    Here are more benefits of getting a master's degree: Requires less time than a PhD: The main benefit to pursuing a master's degree rather than a PhD is that it requires fewer years of study. You can get a master's degree in a year or two, but it may require more than double that amount of time to get a PhD.

  15. Master's Degree vs. PhD: How to Choose a Graduate Program

    A master's degree is a type of graduate degree. In most fields, it is not a terminal degree—meaning that it is not the highest degree you can earn. The one notable exception is in the fine arts, where the master's is a terminal degree—there is no "Doctor of Fine Arts.". Master's degree programs typically take around two years to ...

  16. What's the Best Next Step for Your Career: A Second Master's Degree or

    This should influence your decision, given the varying time it takes before the diploma becomes a career asset. 3. You also choose your career path. Master's degrees are intended to transmit general skills, ideal if you want to keep your career options open, while aiming at a wide array of jobs. For example, a Master's in Communication ...

  17. Masters vs PhD: Which is Right For You?

    The unemployment for those with a Masters vs a PhD is 73% higher. For certain companies and roles the more highly qualified you are the more they'll reward you with a higher salary. Other companies, especially ones which wouldn't utilise the skills from your degree, won't pay you any higher than someone with a Bachelors degree.

  18. Master's or PhD: Which One Should You Choose?

    Since a PhD takes longer to complete, it also requires more money. (Not that a master's degree is cheap either!) The flip side to this is that a PhD may yield a higher salary upon completion and is therefore worth the increased cost long term. With both degrees, school costs money (tuition, fees, books, etc.).

  19. PhD vs 2 masters degrees : r/PhD

    A good master's does what it says: It makes you a master of your field. And it can't hurt to have two master's degrees in related disciplines (chemistry/biology, English/history, etc.) for employability purposes. The PhD, on the other hand, can be a massive handicap because it makes you "overqualified." 23.

  20. What Is the Difference Between a Master's Degree and a Ph.D.?

    Degree Length. Another significant difference between a master's degree and a Ph.D. program is the length of time they take to complete. Master's programs are much shorter and will typically take two years to complete. Some universities even offer accelerated programs that allow you to complete your master's degree within a single year.

  21. Master's vs PhD: Key differences explained

    On paper, Master's programs tend to be cheaper than PhD programs. This difference is not surprising considering the shorter duration required to complete a Master's degree. However, there is usually more funding and financial aid available for PhD students in the form of fellowships, teaching assistantships, or grants.

  22. PhD vs Master's

    The duration of most master's degrees is two years or 24 months. There are some that last 18 months or 12 months as well. The length depends on the number of academic credits that need to be completed to get the degree in question. A two-year master's degree can have anywhere between 30 and 60 credits. Enrollment Eligibility

  23. Explained: What Is a PhD Degree?

    PhD stands for Doctor of Philosophy. This is one of the highest level academic degrees that can be awarded. PhD is an abbreviation of the Latin term (Ph)ilosophiae (D)octor. Traditionally the term 'philosophy' does not refer to the subject but its original Greek meaning which roughly translates to 'lover of wisdom'.

  24. Your Guide to Professional Degrees

    A professional degree is an advanced education designed to prepare you to work in a specific field, such as medicine or law. Similar to advanced academic degrees, like doctorates and certain master's, professional degrees are considered terminal degrees—or the highest degree you can achieve in an area. You can typically begin pursuing one after graduating with your bachelor's degree.

  25. Masters vs PhD: Difference and Comparison

    A Master's degree focuses on acquiring advanced knowledge in a specific field, while a PhD emphasizes original research and the creation of new knowledge. Masters programs take 1-2 years to complete, whereas PhD programs can take 4-6 years or more. A Master's degree is a prerequisite for pursuing a PhD, but the latter leads to more ...

  26. What Is a Graduate Degree? Your 2024 Guide

    A master's degree incorporates coursework and independent study and usually requires the submission of a thesis or the completion of a capstone project. ... 2. Doctor of Philosophy (PhD) Another popular graduate program is the Doctor of Philosophy (PhD), which takes between four and seven years. Courses at this level tend to be research-based ...

  27. Your Guide to Master's Programs

    A master's program is the course of study you enroll in when working on your master's degree—the graduate degree you can typically pursue after first earning your bachelor's. Obtaining a master's degree offers professional, personal, and academic benefits, and can be a lucrative step in terms of your education and career goals.

  28. PhD Candidate vs. Student

    The main difference between a PhD student vs. candidate is that the student is still working through the coursework. They have not yet begun the dissertation process or passed the qualifying exams. A PhD student may also be in the process of taking the qualifying exams, but not yet finished with them. Many people believe that earning a doctoral ...

  29. Quick Guide: Your College Degree Options

    This is a type of dual degree in which a student completes three years of liberal arts study followed by two years of professional or technical study. In the end, students earn two bachelor's degrees, usually a BA and a BS. An example of this is Columbia University's 3-2 Combined Plan program in which students can earn a BA and a BS in five ...

  30. Is a PhD in Computer Science Worth It in 2024? Uncover the Pros and Cons

    On average, PhD holders in computer science can earn between $92,000 and $138,000 per year. In contrast, those with a master's degree typically earn less, though still substantial salaries. According to PayScale, the average salary for a PhD holder is around $133,000, while a master's degree holder earns about $102,000 annually. Factor.