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Tata Capital > Blog > Loan for Education > Post Graduation Degrees that will Boost your Career Growth

Loan for Education

Post Graduation Degrees that will Boost your Career Growth

Post Graduation Degrees that will Boost your Career Growth

When you choose an undergraduate course, you may not be sure if it will be beneficial to find a job. As you start working, you will hone your skills and learn on-the-job. However, one excellent way to get an edge over your competitors is to pursue a postgraduate degree.

Postgraduate degrees are not only for recent graduates. If you want to develop or change your career, further studies may be beneficial. Here are five popular postgraduate courses.

  • Postgraduate certificates or diplomas

Such courses may be beneficial towards pursuing further studies like a Masters’ degree. A Masters’ course requires between one and two years to complete. Additionally, you may need to submit a project or dissertation. Some of these degrees include Master of Science (MSc), Master of Arts (MA), and Master of Engineering (MEng).

Additional Read: Secured Vs Unsecured Education Loans: A Detailed Guide

  • Research degrees

An important component of postgraduate studies includes independent research. You may pursue a doctorate after completing your Master’s degree. The common type of doctorate is called Ph.D.

  • Conversion courses

Such courses are often related to fields like academia, law, social work, medicine, architecture, and dentistry. The different courses have various requirements for prior education and it is important to check these before enrolling for one.

  • Professional courses

Although careers in journalism, engineering, and pharmacology do not entail completing a Master's degree, it is recommended to pursue one. Such courses add value by honing your skills and helping you acquire industry links.

  • Master’s degree

If you are in a business-related professional, acquiring an MBA will expand career opportunities available for you. Generally, the course lasts for one or two years and may be full-time or part-time. An MBA is highly beneficial if you want to change your career or move into strategic roles and earn higher incomes. Often Masters’ degrees are expensive and you may have to fund these through education loans offered by various financial institutions.

Additional Read: Things to Look Out for While Signing Education Loan Documents

Generally, postgraduate courses are expensive and you may not have the entire amount needed to meet these. An excellent and affordable option to fund your higher studies is to avail of an education loan. Most institutions offer quick and affordable loans to students who wish to pursue higher education. The documents needed for such loans are minimal and the entire procedure may be completed in a short period of time. Another alternative available to fund your postgraduate degree is a personal loan. These are unsecured facilities offered by lenders without limiting the end-use of the loan amount. Although the personal loan interest rate is higher than student loans, availing one may be a smart option Successful completion of the postgraduate course will not only boost your career but also enhance your income. This will ensure you are able to repay the outstanding personal loans without facing any financial difficulties. Pursue post graduation to boost your career and enhance your skills.

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