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Anonymous
Hi all, I’ve been working for 1.5 years and I’ll start my part time masters in finance in a local uni next year when I turn 24 while holding a FT job. Coming from a private undergrad Uni, this degree seems q attractive.
After graduating around 2023 I plan to switch jobs, preferably in a ministry/stat board. I would like to ask if a masters degree would help to increase my salary in the public sector or overall career. Would appreciate your feedback, esp if you have a masters too. Thank you :))
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Ember Sh-en
21 Sep 2020
AD at MAS
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It does help to increase your salary but.... not by a lot :)
But the benefits are you acquire more knowledge :)
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Most of my friends work in a ministry (I have friends working in Stat boards too but not that close to ask about salary, even a rough gauge). What I gathered though was masters DID NOT help to increase salary but my friends still went ahead to expand their knowledge, broaden their perspectives and hoped that their masters experience could value add to their work experience.
Those who went further to obtain PhD saw an increase in salary.
I think ultimately you need to find what interests you and be able to sustain that interest to survive well in the working world.
All the best! :)
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Lee
09 Aug 2020
Associate Software Engineer at Government Technology Agency
Hello there!
If you are planning to work in ministry or stay board, do consider researching for these organisations’ scholarships! Scholars tend to have a career roadmap planned for them, hence they climb the ladder quite quickly too.
People would usually go for Masters to network with peers and professors, instead of hoping for a salary rise. Just my two cents!
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Fahmiin
05 Aug 2020
Back End Engineer at Seedly
For sure it will but as a rule of thumb, I always go into postgraduate studies for the purpose of br...
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It is my plan that after a quantitative masters degree, i would be able to switch my career into finance and get more salary. If you're talking about the same company/job that im working at now, they don't care if i got a masters lol