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  • Master’s vs PhD | A Complete Guide to the Differences

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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what is the difference between master degree and 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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Master’s vs PhD — These are the Main Differences

what is the difference between master degree and phd

Updated: June 19, 2024

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.

what is the difference between master degree and 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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what is the difference between master degree and 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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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.

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Demystifying Graduate Degrees: Comparing Master’s vs. Doctorate

what is the difference between master degree and 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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Learn More About

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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what is the difference between master degree and phd

Master's vs Doctorate: Which Degree is Right for You?

Graduate degrees are becoming increasingly popular. 

According to the world’s largest and most sophisticated database of labor market and talent data from Burning Glass Technologies, 19% of U.S. job openings in the year 2018 requested a graduate degree. And that trend isn’t changing any time soon. In fact, the Bureau of Labor Statistics expects master’s-level occupations to grow by 17% by 2026. Employment for doctoral- and professional-level degree is also projected to grow by about 13%. Both of these projections are much faster than the 7% average for all occupations. 

The demand for both master’s and doctorate degrees is high. But how do you know which level of educational attainment is right for you? Does your industry or career aspirations necessitate one degree or another? Will you personally benefit more from a master's or doctorate?

We’ll show you how to take all these factors into consideration to help choose if you should get a master’s degree, or if you should complete your master's and go on to pursue a doctorate degree.

Master's vs Doctorate: What are typical program requirements?

Whether you pursue a master’s degree or doctorate degree program, it’s a significant commitment of time, energy and finances. Before you choose, you should understand the requirements for not only getting into a program, but also completing your master’s or doctorate degree.

Masters vs Doctorate_ Overview of Degree Requirements2.png

Now that you have an understanding of what committing to a master’s degree or doctorate degree entails, compare the focus of the program and coursework. 

Master's vs Doctorate: What’s the difference in content and coursework?

The focus of master’s degrees and doctorate degrees is different. 

A master’s degree is designed to deepen career-oriented knowledge and skills. A doctorate degree is a heavily research-based degree, designed to develop critical research,analytical and writing skills in an effort to fill industry knowledge gaps.

Because of these different goals, the makeup of the coursework and content is also distinct.

Master’s programs feature three different types of courses:

  • Core courses: These courses are required to complete your master’s degree and are considered essential knowledge to advance your industry expertise.
  • Electives: These are a selection of courses that allow you to further specialize your degree with concentrated knowledge in specific areas. They can also be used to broaden your experience in related subject areas.
  • Capstone course (or thesis): The culmination of a master’s degree, a capstone course or thesis usually involves conducting research and presenting your findings.

Doctorate programs are broken down into four distinct parts:

  • Coursework: These advanced courses are required knowledge for passing your comprehensive exam. 
  • Research Core: These courses impart essential research, analytical and writing skills to prepare you to complete your dissertation.
  • Comprehensive exam: The comprehensive exam tests your understanding of key concepts learned through your coursework. Passing your comprehensive exam is essential to beginning your dissertation.
  • Dissertation: You work with a dissertation committee to identify a research topic. Then you complete in-depth research, analysis, and writing before you defend your original research to your dissertation committee. 

As you consider these degrees, decide which better fits your academic and professional goals, as well as your personal interests and learning style.

Master's vs Graduate: How much will the degree cost?

We know that cost is a top concern for individuals deciding what degree to pursue. Unfortunately, it’s also one of the most difficult questions to answer. Cost estimates for a master’s degree can be anywhere from $30,000 to $120,000—and costs for doctorates can range just as widely. 

If you’re trying to evaluate the cost of a master’s vs doctorate degree you need to look at important factors like:

  • Type of institution: Whether you choose a public, private nonprofit or for-profit school will impact how much you pay in tuition. The reputation and rankings of a university also affect the cost of tuition. 
  • Time to graduation: How many courses you take at one time and the total number of credit hours you need to graduate affect the cost of both master's and doctorates. Doctorates depend highly on an individual’s time and commitment to completing the research and writing of an original dissertation. Also, keep your other personal and professional commitments in mind when estimating how long it will take to earn your degree (and how that will impact cost).
  • Transfer credit: If you have a professional certification, or have earned graduate-level course credit, you may be eligible to transfer credit toward your degree. Getting transfer credit can significantly reduce your total cost.

Remember: To complete a doctorate degree you must first complete a master’s degree. So if cost is a top concern, evaluate which institution and program will give you the best value. In some cases, you may even be able to complete both a master’s degree and doctorate degree at a lower cost than a master’s degree at a school with high tuition. 

Earning a doctorate is challenging and rewarding, but do you know what to really expect? Download this free guide for tips and insights to help you prepare for success.

Master's vs doctorate: what are the outcomes of each degree.

When it comes to the outcomes of a master’s or doctorate degree, you should look at three key factors: skillset, career prospects and salary expectations. Let’s dive into the differences between the outcomes of these two types of graduate degrees.

  • Skillset: Master’s degrees focus on the expert command of industry-specific skills, while working to develop critical-thinking and problem-solving skills. On the other hand, doctorate degrees are nearly the inverse—they heavily focus on research, analysis and writing in support of developing transferable skills that can be used to fill gaps in industry knowledge.
  • Career prospects: Career advancement is a primary goal for people who pursue master’s and doctorate degrees. Master’s degrees are seen as career-oriented degrees that prepare you for management and leadership positions. More and more, doctorate degrees are becoming the norm for top executive positions, as well as opportunities to transition your career into academia.
  • Income: Both master’s degrees and doctorate degrees significantly increase your salary expectations and lifetime earning potential. But which is worth more? According to the BLS, a master’s degree has the power to boost your earnings by 17% when compared to a bachelor’s degree, while a doctorate degree can bring in a salary 30% higher than a bachelor’s degree. According to the U.S. Census Bureau, an individual with a master’s degree can also earn more than $2.8 million in their lifetime, while a doctorate degree can earn you over $3.5 million.

Comparing the Benefits of Master's vs Doctorate Degrees

There are a lot of factors that go into choosing a master's vs doctorate degree. But as you evaluate all of the different aspects of these programs, make sure to keep your long-term goals in mind. We’ve outlined four key ways to compare the benefits of master's vs doctorate degrees against your goals.

Masters vs. Doctorate_ Why to Earn Each Degree.png

Master's vs Doctorate: Popularity meets possibility with online degrees

As demand increases for advanced degrees, professionals are looking for ways to make getting their graduate degree more attainable. That’s why online master’s and doctorate degrees are more popular than ever. Online degrees offer working professionals the opportunity to get their degree without stalling their career.

popularity-online-graduate-degrees.png

Getting your master’s degree or doctorate degree is a lifetime achievement that can help you advance your career. If you’re considering your options for a master’s or doctorate degree, explore Franklin University’s online master’s degrees and online doctorate degrees to find a program that can help you take your career to the next level.  

what is the difference between master degree and phd

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what is the difference between master degree and phd

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Master’s vs PhD/Doctorate Degrees – Key Differences

what is the difference between master degree and phd

So, you are done with your bachelor’s degree but not with studying–according to the U.S. Bureau of Labor Statistics , this seems like a good idea. In its projections for the years 2019–2029, it lists 36 occupations that typically require a master’s degree and 63 requiring a doctoral or professional degree. The Bureau of Labor Statistics data also shows that the wages for these occupations are higher than the median for all occupations. 

Now you might wonder: What is the difference between master’s and PhD degrees and which one should I get? Read on for all the information you need to make this important decision!

diploma with money and diploma, master's vs PhD

Difference Between Masters and PhD: An Overview

A master’s degree is designed to teach you the knowledge and skills that you will need in your future profession. A PhD or doctorate degree, on the other hand, is designed to develop your critical thinking as well as your analytical and writing skills and is usually a years-long commitment to independent research on a specific subject. The purpose of a PhD is to prepare you for a career in academic research—although it can also help you get into a variety of other professions, and at a higher entry/salary level. In the US, a master’s degree is integrated into a PhD program, as a necessary preparation period involving mostly coursework, while in most other countries, a separate master’s degree is required to enter a PhD program.

If you want to stand out, you should definitely opt for a PhD degree: According to the United States Census Bureau , 24 million people in the US had master’s or professional degrees in 2019, whereas only 4.5 million had PhDs/doctorates. But is it worth the extra effort? And what exactly would the extra effort be? Have a look at the table below to get an idea about the key differences between master’s and PhDs.

Master’s vs PhD

Successful completion of a bachelor’s degreeBachelor’s degree (US), master’s degree (many other countries)
2 years, sometimes shorter (e.g., at some UK universities)5–7 years (US), 3–5 years (countries that require a completed master’s degree)
predominantly coursework, usually with a culmination project/thesis/final exhibition at the end, sometimes called “capstone project”2 years of coursework in the US to make up for the master’s, and 3–5 years of independent work on a dissertation
Varies widely by country, university and program; master’s degrees at US universities can cost anything from $30,000 to $120,000, while degrees in other English-speaking countries are significantly cheaper (<$40,000), and most universities in Europe have very low (sometimes none at all) tuition feesWhile costs for PhD programs can be as high (and vary as widely) as those for master’s degrees, PhD projects often come with some level of funding equivalent to a salary and tuition fees are waived in exchange for being a teaching or research assistant
Master’s degrees usually focus on industry-specific skills for a career outside of academiaEarned on the basis of research that contributes new knowledge to a particular research topic, a PhD prepares you for a research career, inside or outside of universities
According to the , earnings increase from the bachelor’s level to the master’s level by approximately 18%, while unemployment rates go down, from 3.5% (bachelor’s) to 2.6% (master’s)A PhD can increase your salary by approximately 21% compared to master’s degree holders, according to the Bureau of Labor Statistics data. The unemployment rate for PhD holders is also exceptionally low, at only 1.5%

Master’s or Doctorate: Which Should You Choose?

You have a specific career or profession in mind and want to develop the necessary practical skills for thatYour goal is to become a university professor or to dedicate your career to researching at companies/other institutions
You are willing to invest more money upfront (since there are fewer scholarship possibilities for master’s degrees) to be able to start your career earlierYou are passionate about a specific field or topic and see yourself still being passionate about it in 10 years
You have a job and want to study part-time to be able to support yourself or simultaneously gain work experienceYou are self-motivated, have solid organizational skills, and are prepared to deal with unexpected challenges along the way

How Long Does a Master’s vs Doctorate Take to Complete?

While the length of time it will take you to complete a PhD or master’s degree varies significantly between institutions and countries, we will focus on the US system here. Obviously, PhDs take much longer, because they are in fact a combination of both degrees and involve a long period of independent research that can get even longer than expected, depending on your topic, the available equipment or support, and a lot of other factors.

How long to complete a master’s degree

In the US, a full-time master’s degree takes students generally 2 years to complete, while part-time degrees are usually double the time.

How long to complete a PhD/doctorate

Since US PhD programs only require a completed bachelor’s degree, they start with an integrated master’s of 2 years of coursework, followed by 3–4 years of independent research into a specific topic. That usually includes publishing results, presenting at conferences, and preparing the final dissertation. Note that stipends/funding do not always cover the entire time it can take you to complete your PhD project—make sure you are aware of alternative options and additional funding at your institution or have at least thought about a backup plan before you start.

Master’s Degree Cost vs. a PhD Cost

Most people assume that PhDs are more expensive because they take many more years to complete. However, since PhD students usually receive scholarships or stipends, sometimes just for their commitment to full-time research and sometimes in exchange for teaching, the direct costs for a dissertation can be lower than those for a master’s degree. 

Additionally, while you are very likely to earn more with both degrees, the additional years of studying for a PhD should be factored into any estimation of costs vs outcomes.

Cost of a master’s degree

Master’s degrees at US universities can cost anything from $30,000 to $120,000, with tuition depending on the type of institution (public, private nonprofit, or for-profit). University rankings and general reputation also affect tuition costs. 

Whether an expensive degree (e.g., MBAs are often notoriously expensive) is worth the money for you personally depends on what kind of salary you think you can expect after graduating from that specific school. The universities you consider applying to should be able to provide you with data on the career and salary outcomes of their students, either on their website or if you contact them and ask for these details.

You can of course try to get a stipend and/or apply for a teaching or research assistant position at your school, depending on your undergraduate degree and experience. Moreover, many institutions offer the possibility to complete a master’s degree part-time, while working, which allows students to fund themselves.

You might also be eligible to transfer credits toward your degree if you have a professional certification or have earned graduate-level course credit—which can significantly reduce your total cost for both degrees.

Cost of a PhD/dissertation

PhDs, unlike master’s degrees, are usually funded, which means that tuition fees are waived and stipends or scholarships take care of living costs. Phd students are, however, often expected to take on teaching or research responsibilities in exchange for their funding. 

There are a variety of scholarships you can apply for if you want to pursue a PhD in the US as an international student—US-based ones like the Fulbright Foreign Student Program or the HHMI International Student Research Scholarships , but there are probably also funding opportunities in your home country for students who want to embark on a PhD abroad.

Pursuing a PhD degree part-time might sometimes be possible, but since students are expected to invest a full workweek into their research and potential teaching responsibilities, this is usually not realistic.

To estimate the overall cost of a doctoral program, the extra years that you could be working a full-time job with a regular salary also need to be factored into the equation—and take into account that projects may end up taking longer than expected, due to difficulties in collecting data, supervisors dropping out or moving on, or unforeseeable crises such as the COVID-19 epidemic.

Career Prospects for a Master’s vs PhD

While both a master’s and a PhD degree will qualify you for a variety of occupations that require higher degrees, they can also get you a higher salary in a profession that is also open to employees with a lower education level. PhD holders can in theory expect the highest wages, but since the two degrees prepare you for very different careers, that alone shouldn’t be what you base your decision on.

Master’s degree jobs and positions

Master’s degrees are overall more versatile than PhDs when it comes to employment opportunities and cover a wide range of fields and professions. The most common master’s degrees are the Master’s of Arts (MA) and the Master’s of Science (MS). 

Master’s programs can generally be divided into three different types:

Research master’s degrees, such as an MA in Comparative Literature or an MS in Biology, prepare students for academic and non-academic research disciplines and usually end with a thesis based on an original piece of research. In some fields, however, you are expected to enter a Ph.D. program after completing your master’s to be competitive when it comes to finding a job later.

Professional master’s degrees teach you practical skills and in-demand competencies that qualify you for a specific field and enable you to understand issues that are relevant in a certain profession. Examples include the Master of Public Health (MPH), the  Master of Business Administration (MBA), or the MA in Teaching (MAT). 

Terminal master’s degrees are the highest academic degree in fields where doctorates are not offered, and prepare students for careers outside of academia. The Master’s of Fine Arts in Creative Writing, for example, or the MS in Library Science are as high as you can go in those fields.

To give you an idea, below, we listed the 10 occupations at the master’s level that are projected to have the most openings annually from 2019 to 2029, according to the U.S. Bureau of Labor Statistics, and the highest-paying occupations for master’s degree holders without required work experience, based on projections from 2016 to 2026.

Lawyers Nurse anesthetists
CounselorsPolitical scientists
Health specialties teachersComputer & information research scientist
Nurse practitionersPhysician assistants
Education administratorsNurse practitioners
Healthcare social workersMathematicians
Postsecondary teachersEconomists
Instructional coordinators
Physical therapists
Speech-language pathologists

Master’s degrees, apart from helping you develop professional skills tailored to the requirements of the profession you intend to enter, can also serve as a stepping stone if you are already in employment and want to progress your career development, earn a higher salary, or change careers by learning new skills and subject knowledge.

PhD/doctorate jobs and positions

PhDs are usually intended to lead to an academic career, and many students aim to eventually become university professors. However, careers in academia are highly competitive, and there are not nearly as many professor positions as there are PhD holders. The good news is that the skills you learn during your doctoral program are often “transferable” and can be applied to other types of careers. 

Some PhD graduates end up (and enjoy) being colleague teachers, while others embark on non-academic research careers, for example at pharmaceutical companies, government agencies, consulting and technology firms, or think tanks. Job prospects vary widely across fields, with some—computer science, engineering, or economics—having very low unemployment rates, and others, for example the humanities, offering fewer and less desirable employment opportunities. Keep in mind, however, that someone with a PhD entering a different field or one that does not necessarily require a PhD may find that their degree sometimes does not help them or that they are even considered to be “overqualified” or as lacking practical skills and relevant professional experience.

Since there is no clear career path for PhD graduates, you should really take your time figuring out what field you want to work in later, what the career prospects for that field are, and if they are worth the time and effort you will have to invest to complete a PhD program. Your university should have data on the careers and salaries of their students, and should either display these details on their website or send you the relevant information if you contact them directly.

Master’s vs PhD: Application Process

The application process for master’s and PhD programs is overall very similar. In general, you will need to provide the following:

Application essay/personal statement/statement of purpose, either as a response to specific prompts provided by the school or as an outline of what you learned during your undergraduate studies and how you will use this experience to make a success of your advanced qualificationStatement of purpose focusing on research you have already done/participated in, publications you have authored so far, and your research interests/future academic career plans
Letters of recommendation from former professors or research supervisors (for research master’s) or current work supervisors (for professional degrees)Letters of recommendation from former professors or supervisors (preferably supervisors who themselves hold a PhD) who have something to say about your potential as a researcher
CV/resume that summarizes your academic, professional and personal achievementsCV/resume focusing on your research background (your bachelor’s thesis/ publications/presentations)
Bachelor’s degree certificate and academic transcriptsBachelor’s degree certificate and academic transcripts
Proof of English proficiency (unless you have already completed a degree in English) if English is not your first language (IELTS, TOEFL, PTE Academic, etc.)Proof of English proficiency (unless you have already completed a degree in English) if English is not your first language (IELTS, TOEFL, PTE Academic, etc.)
Standardized test, e.g., the Law School Admissions Test (LSAT) for law school or the Graduate Record Examination (GRE) or Graduate Management Admissions Test (GMAT) for business schoolStandardized test, usually the Graduate Record Examination (GRE)

Frequently Asked Questions about Master’s vs PhD Degrees

How long does a master’s degree take vs a phd.

Full-time master’s degrees usually take 2 years to complete. Many universities offer the option to do a master’s part-time, which takes double the time. PhD programs in the US  start with an integrated master’s of 2 years of coursework (since you enter the program directly after completing your bachelor’s degree), followed by 3–4 years of independent research. 

Is a PhD harder than a master’s degree?

A PhD takes substantially longer and requires more self-motivation, organizational skills, and the willingness to carry on even when things do not go according to plan. You might also have other responsibilities, on top of your research, such as teaching or assisting your supervisor. But whether that is “harder” for you than a master’s degree that consists of mostly coursework and does not take more than 2 years depends on your interests and general working style. 

Is a master’s or doctorate better?

Master’s and doctorate degrees prepare you for different occupations and work positions, and which one is the right for you depends on what kind of career you are planning to pursue. Generally, a master’s degree is right for you if you want to deepen your career-oriented knowledge and skills for a specific profession, while a doctorate degree prepares you for a career in research, whether that is inside or outside a university.

Preparing Your Graduate School Essays

Now that you have figured out whether a master’s or PhD degree is the right choice for you, all that is left to do is to put your application together! Make sure that you focus on your chosen degree and its aim (research or a professional career) in all required documents—for example, highlight your professional and personal development in your CV for an MBA program, but the publication you got out of your bachelor’s thesis and how passionate you are about doing more research on the same topic for your application to a PhD program. 

As always, Wordvice can help with our professional Personal Statement Editing Services or Admission Editing Services , which help ensure that your application is error-free and showcases your full potential so that you get admitted to the graduate or doctoral program of your choice. For more academic resources on writing the statement of purpose for grad school or on how to request a letter of recommendation , head over to our Admissions Resources pages.

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  • The Difference Between Masters and PhD Study

Written by Sarah Hastings-Woodhouse

The main difference between a Masters and a PhD is the purpose of each degree. A Masters degree involves expanding your understanding of existing scholarship in a particular subject area. The purpose of PhD study, on the other hand, is to make an original contribution to your field.

So, the biggest adjustment to expect as you progress from Masters to PhD study is a higher degree of independence (and responsibility). Beyond widening your expertise and improving your research skills, you’ll be expected to break new academic ground.

But exactly how will your academic life change as you make the leap from Masters student to PhD candidate? In this guide, we’ll provide a quick overview of how PhD and Masters study compare, including applications, course structure, assessment and more.

Masters vs PhD - An Overview
Area Masters PhD
Length (full-time) 1-2 years 3-5 years
Grading Four levels (Disstiction, Merit, Pass or Fail) Pass, Resubmit or Fail
Course structure Multiple graded modules Designed by you and your supervisor
Purpose To gain an advanced understanding of a research field To develop the scholarship of a research field

Applications

If you’ve already completed an undergraduate and a Masters degree, you might consider yourself something of a university applications veteran. How different can applying for a PhD really be?

There are quite a few similarities between the Masters and the PhD application process. Both will tend to require:

  • A personal statement
  • Your academic transcript
  • Details of at least two referees

As at Masters level, you’ll submit each application directly to your chosen institution, usually through the university’s own applications portal.

The process of applying for a predesigned PhD will more closely resemble that of applying for a Masters. But if you’re planning on designing a self-proposed project , you’ll be in slightly more unfamiliar territory. Rather than responding to an advertised PhD project in your application, you’ll essentially be writing that project specification yourself in the form of your research proposal .

An academic CV is only occasionally required for a Masters application, but almost always required for a PhD application. Its purpose is to summarise your professional and academic experience, in order to demonstrate that you’re well-qualified to complete the project.

It’s useful to think of applying for a PhD as similar to applying for a job. While an application for a taught programme (such as a Masters) involves communicating why you want to study the course and how you feel it will aid your academic and professional development, the focus of a PhD application should be what you can do for the institution. Remember that, if successful, you’ll become a valued member of an academic department, and that those reviewing your application are your prospective colleagues!

Applying for a PhD also requires an extra step that you won’t have encountered at Master’s level – contacting prospective supervisors . It’s often preferable to complete this stage before you submit your final application (though this can vary from institution to institution). Reaching out to supervisors can be an intimidating and confusing process, especially since you won’t have had to do anything similar for previous applications. Our handy list of dos and don’ts will help ensure you’re familiar with all the relevant etiquette before you click send!

Applying for a PhD

Want to know how to apply for a PhD in more detail? Have a read of our step-by-step doctoral application guide.

The MPhil to PhD upgrade

As we’ve said, the main difference between a Masters and a PhD is that the latter requires you to contribute original material to your field. This might be a daunting prospect, but luckily the first phase of a PhD usually acts as something of a ‘transitional’ period which should help you adapt to the demands of doctoral study.

In the UK, most PhD students are initially registered for a Master of Philosophy (MPhil) degree, before being ' upgraded ’ to the status of full PhD candidate (this will occur after 9-18 months for full time students, or after 15-24 months for part-time students).

This first stage of your PhD will largely be spent writing up your upgrade report . The largest component of this will usually be a literature review . You’ll likely have written a literature review as part of your Masters dissertation , so this part shouldn’t be too unfamiliar. You’ll need to demonstrate a comprehensive and critical understanding of existing scholarship in your field and situate your own research within this wider academic context.

This time round, however, you’ll need to illustrate how your research will contribute something new to the field. Don’t panic, though – now isn’t the time to present any original findings in detail (save that for your final thesis). You just need to identify a gap in the academic market and indicate how you plan to fill it.

The rest of the upgrade report should illustrate how you plan to progress with your project. You will be required to include a research question, planned methodology and a rough timetable of future work. Sometimes, you’ll also submit a sample of work you’ve already done towards your thesis.

You’ll then complete an oral presentation known as the PhD upgrade viva . It’s uncommon to ‘fail’ a PhD upgrade, though you may be asked to repeat the process if there is any concern about your progress. The important thing to remember is that you won’t progress to the status of full PhD candidate until the department is satisfied that you’re ready to (and you’ll often be given a couple of shots at demonstrating this).

Course structure

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 and defended your thesis but also amassed significant additional experience. This might include:

  • Publishing papers
  • Presenting at academic conferences
  • Administration within your department

Despite having longer to complete it, you can expect to work at a similar level of intensity for your PhD as you did for you Masters – and to undertake a much wider variety of activities in the process.

At undergraduate and Masters level, you’ll have grown used to each year of study being structured similarly. While the complexity of material will increase as the course progresses, each academic year will have followed a similar format (a series of taught modules culminating in assessment through examination or coursework).

A PhD, by contrast, moves through a series of phases. In your first year, you’ll usually write up a comprehensive overview of existing scholarship in your field in the form of a literature review and draw up a plan for the completion of your project. Your second year will typically be dedicated to completing the bulk of your research , before you write up your final dissertation over your third and fourth years. You can find out more about each stage in our guide to the PhD journey .

PhD candidates aren’t assessed in the same way as Masters and undergraduate students – so yes, you can wave goodbye to regular coursework and exams! You’ll only be formally ‘examined’ at two points during your programme – your PhD upgrade viva (as explained above), and your final viva voce , in which you’ll defend your final thesis in an oral examination.

This doesn’t mean it will be a complete free-for-all between these two milestones, however. Most universities will monitor your progress to make sure that you are continuing to meet the standards of the department year-on-year.

It’s common for PhD candidates to be monitored through progression reviews (which are generally annual for full-time students). You may have to submit a report outlining how your thesis has progressed to date and what your plan is for the following year, as well as any training or other university work (such as teaching) you have undertaken. If the department feels that you haven’t made sufficient progress, you may be required to register for a lower award, or to leave the university altogether.

At Masters level, you’ll have been given a grade out of 100 for each examination or piece of coursework (if in the UK) and graduated with a degree classification ranging from a Distinction to a Fail. At PhD level you won’t be ‘graded’ as such – it’s better to think of your viva examinations and progression reviews as a series of checkpoints that you’ll need to pass in order to earn your doctorate.

Ultimately, the outcome of your final viva will either be that you are awarded a PhD or that you are not (or that you might be after you’ve made some tweaks – see our full guide to viva voce results ). There’s no such thing as a ‘good’ or ‘bad’ PhD in the same way that you can receive different classifications of Masters degree.

Hopefully this guide has given you some idea of how PhD and Masters study compare, and helped you feel a little less apprehensive about making the leap!

To find out more about PhD study, have a browse of the many detailed guides in our advice section .

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Sarah hastings-woodhouse.

Sarah joined FindAPhD as a Content Writer in 2021 and produces polished and thoroughly researched pages to inspire and inform prospective postgraduate students. In her time at FindAPhD, she has gained a comprehensive understanding of the postgraduate journey and has engaged with hundreds of prospective postgraduates while manning the advice stand at our popular study fairs.

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Angel Eduardo

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There are a lot of degree types out there, but they often fall into one of two camps: doctorates and master’s degrees.

Both graduate degree options offer a narrower educational focus than the undergraduate experience. The higher the degree, the longer it takes to earn and the more specialized is its focus. Today, we’re taking a closer look at master’s and doctorate degrees to highlight differences and help you determine which might be most useful to you in your social-impact career.

Master’s Degrees

Master’s degrees are more versatile than doctoral degrees and have a wide range of professional and academic applications. The most common master’s degrees are Master’s of Arts (M.A.) and Master’s of Science (M.S.) . Additionally, there are three types of master’s programs:

  • Research Master’s degrees are typically for academic and applied research disciplines. Examples include a Master’s of Arts in Comparative Literature, and Master’s of Science in Biology. In some fields, earning a research master’s degree without going on to earn a Ph.D. restricts your professional options. Figure out what's best for you and your career trajectory by talking with professors or professionals in your field.
  • Professional Master’s degrees prepare candidates for professional work by introducing practical skills and frameworks for understanding issues in their field. These degrees may also qualify a person to practice in their field. Examples include a Master’s of Social Work, Master’s of Architecture, or Master’s of Art in Teaching. Most of the degrees featured at Idealist Grad Fairs are professional master’s degrees supporting careers in the social good sector.
  • Terminal Master’s degrees are the highest academic degree in their field. While some master’s degrees may serve as the first step towards a doctorate, others—such as a Master’s of Fine Arts in Creative Writing or a Master’s in Library Science—are as high as you can go for academic accreditation in those fields of study.

Before pursuing a master’s degree, candidates must have already earned a bachelor's degree. Master’s programs take one to three years to complete and consist of advanced-level courses and seminars. In some programs, students go on to research, write, and defend a master’s thesis. In professional master’s programs, the thesis is often replaced by final projects and exams.

Doctoral Degrees

The most common doctorate is the Doctor of Philosophy or PhD. These research doctorates prepare students to contribute to the collective knowledge base of the field and offers a unique opportunity for an individual to conduct intensive and prolonged research on a very particular topic, which often leads to publication.

With a PhD, many seek careers as professors and researchers, but may also pursue roles in the nonprofit, public, and private sectors. Additionally, there are professional doctorates like the MD (Medical Doctor), and the JD (Juris Doctor). Before pursuing a doctorate, candidates must have already earned a bachelor's degree and in some cases a master’s depending on the program. Due to the nature of specialization, PhD programs tend to be smaller than master’s programs.

PhD candidates begin by taking courses and exams. They go on to take advanced seminars and complete their requirements by researching, writing, and defending a dissertation. A dissertation is one of the central components of earning the PhD and is a doctoral-level thesis about the candidate’s original research.

A doctorate degree may take up to eight years to earn depending on the program, whether the candidate has already completed a master’s degree (or is coming straight from undergrad), and the amount of time it takes to complete the dissertation.

Dual-degree programs (or joint master’s and PhD programs)

If you decide both degree programs sound right for you, there are some programs that offer the option to pursue both degrees at the same time. A dual degree program allows you to double count your earned credits towards the completion of both degrees. You can find more information here .

How to decide which degree is right for you?

Figuring out whether to pursue a master's or PhD will depend on your career field and educational goals. You can learn more about requirements in your field by doing some research or your own as well as networking with colleagues. Reaching out to a mentor in the field or alumni from your preferred program can also help you navigate graduate school decisions. Additionally, speaking with admissions staff at graduate schools can help provide insight into the kinds of graduate programming available. 

It can be tricky to offer general guidance on graduate programs since so much is dependent on the field of study. That said, we wanted to offer examples of how master’s and doctorate degrees can set you up for success. We've selected social work and business as fields to illustrate this:

Social Work

If you want to go to graduate school to study social work, you can study at the master’s level or the PhD level. To determine what is best for you, consider what role you’d like to play in the field of social work. If you’d like to be a social welfare direct service provider or government agency administrator, a master’s program may be most appropriate.

If you’d like to become a faculty member at a post-secondary institution, a social welfare research scholar, or a social welfare policy analyst, a Ph.D. program will be a better fit. Outside of academic settings—where a doctorate is required for most faculty positions—a master’s combined with practical work experience may provide ample preparation for a career as a researcher, policy analyst, or mid-level manager.

For business administration, you have the option of a Master’s of Business Administration (MBA), or a Doctorate of Business Administration (DBA). If your long term goal is to take on a leadership role in a nonprofit or business enterprise, the MBA (or nonprofit management degree) may be best. If instead, you’re interested in a career in academia teaching and researching on business practices, the DBA will be the better option.

Knowing your professional goals will help guide your choices for graduate study. Certain career paths, such as becoming a public defender or a medical doctor, are more clearly marked with the necessary steps, including the required educational level and graduate degree. Other career paths are less regimented and therefore require more investigation and consideration of what is right for you. Thoroughly researching your field of interest and having a strong understanding of the skills and knowledge you want and need from your graduate education will inform which degree options make the most sense for your goals.

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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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Know Your Graduate School Options Beyond a Master's

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After receiving your master's degree, there are still more options to study in graduate school, including an additional master's degree, doctorate programs (Ph.D., Ed.D., and others) and certificate programs to consider. These degree and certificate programs all vary in level, time to complete, and more.

Additional Master's Degrees

If you have already earned a master's degree and wish to continue your studies, you might consider a second master's degree. Since master's degrees tend to be specialized degrees, as you grow within your career you may find that a new specialty is required or that two specialties will make you an even more desirable candidate when job hunting. In education, for example, many teachers earn a Master's of Arts in Teaching degree but may return to the classroom to study for a degree in the field in which they are teaching, such as English or mathematics. They may also wish to pursue a degree in organizational leadership, especially if they are looking to grow into an administrative role in the school.

Master's degrees generally take two, sometimes three, years to complete (after earning a bachelor's degree), but pursuing a second degree in a similar discipline might allow you to carry over some credits and complete the program sooner. There are also some accelerated master's programs that can earn you a degree in less than a year; just be prepared for a lot of hard work. All master's programs entail coursework and exams , and, depending on the field, possibly an internship or other applied experience (for example, in some fields of psychology ). Whether a thesis is required to obtain a master's degree depends on the program. Some programs require a written thesis; others offer an option between a thesis and a comprehensive exam . Some programs provide capstone courses, which are usually semester-long courses that provide a comprehensive overview of everything learned within the program and ask students to complete several small thesis statements to demonstrate mastery.

A meaningful way in which master's programs differ from many, but not all, doctoral programs is in the level of financial aid available to students. Most programs do not offer as much assistance to master's students as they do for doctoral students, and so students often pay most if not all of their tuition. Many top institutions even offer full scholarships for doctoral students, but a doctoral program is usually a much more comprehensive and time-consuming educational program, requiring a full-time commitment, versus the possibility of working your full-time job while going for a master's degree.

The value of the master's degree varies by field. In some areas such as business, a master's is the unstated norm and necessary for advancement. Other fields do not require advanced degrees for career advancement. In some cases, a master's degree may hold advantages over a doctoral degree. For example, a master's degree in social work (MSW) may be more cost-effective than a doctoral degree, given the time and funds required to earn the degree and the pay differential. The admission offices at the schools you're applying to can often help you determine which program is best for you.

Ph.D. and Other Doctoral Degrees

A doctoral degree is a more advanced degree and takes more time (often a great deal more time). Depending on the program, a Ph.D. could take four to eight years to complete. Typically, a Ph.D. in North American programs entails two to three years of coursework and a dissertation — an independent research project designed to uncover new knowledge in your field that must be of publishable quality. A dissertation can take a year or more to complete, with most averaging about 18 months. Some fields, like applied psychology, may also require an internship of one year or more.

Most doctorate programs offer various forms of financial aid , from assistantships to scholarships to loans. The availability and types of support vary by discipline (e.g., those in which faculty conduct research sponsored by large grants are more likely to hire students in exchange for tuition) and by the institution. Students in some doctoral programs also earn master's degrees along the way.

Certificate Programs

Certificates can usually be earned in less than a year and are often significantly less expensive than going after additional degrees. If you're wondering what should come after your master's degree and you're not sure if a doctoral program is right for you, this could be the way to go. Certificates range in scope greatly and can allow you to hyperfocus on the areas in which you wish to excel. Some schools even offer certificate programs that are of a masters degree caliber, so you can walk away better prepared for your career and without breaking the bank. Employers who offer tuition assistance may look favorably on a less expensive certificate program as well.

Which Is the Best?

There is no easy answer. It depends on your interests, field, motivation, and career goals. Read more about your field and consult faculty advisers to learn more about which option best fits your career goals. Some final considerations are as follows:

  • What types of jobs do a master's degree, doctoral degree, and certificate holders have? Do they differ? How?
  • How much will each degree cost? How much will you earn after obtaining each degree? Is the outcome worth the cost? What can you afford?
  • How much time do you have to invest in additional schooling?
  • Are you interested enough to pursue many years of schooling?
  • Will earning a doctoral degree offer a substantial benefit in your employment and advancement opportunities?

Only you know which is the right degree for you. Take your time and ask questions, then carefully weigh what you learn about each, its opportunities, as well as your own needs, interests, and competencies. What comes after a master's degree is up to you.

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PhD Pursuits

What Is The Difference Between A Masters And A PhD? 

One thing many may wonder is the differences between a masters and a PhD, and how difficult is it to get a PhD done. What is the difference between a Masters and A PhD?

Masters degree and PhD can differ in several ways:

Purpose and Focus

Research depth, independence, professional outcomes, financial investment and return, admission requirements.

In this post, we explore what is the difference between a masters and a PhD. We also look at some common questions about the subject, such as if you can get a PhD without a masters degree.

AspectMastersPhD
Deepens knowledge with coursework and research.Focuses on original research and a dissertation.
1-2 years, depending on study mode.3-6 years, sometimes longer due to research.
Coursework-heavy with lectures and exams.Less coursework, more focus on research and writing.
Research involves a thesis without new knowledge.Intensive research to advance the field.
Guided independence, especially on thesis.Expected to independently guide own’s research.
Aims for professional advancement.Leads to academia, research, or specialized roles.
Less time and financial investment.Financial aid like stipends and grants more readily available.
Undergrad degree and sometimes work experience needed.Requires master’s degree, strong record, and proposals.

What Is A Masters Degree?

A master’s degree centers on advanced knowledge and skills within a particular discipline. Embarking on a master’s degree is a pivotal step for many aiming to deepen their expertise in a specific field.

This degree can serve as a stepping stone for those considering a PhD or as a terminal degree for certain professions. A master’s degree can significantly boost your career prospects and salary potential in many fields, particularly in specialized or advanced roles. 

Master’s programs offer a blend of coursework and research, with some requiring a thesis, a comprehensive project that showcases the student’s ability to conduct independent research and present their findings.

What Is The Difference Between A Masters And A PhD

The journey to complete a master’s degree varies, typically ranging from one to two years, contingent on the course load and whether you’re attending full or part-time; part-time degrees usually take longer.

The application process for a master’s program can be rigorous, often requiring:

  • an undergraduate degree,
  • letters of recommendation, and
  • sometimes relevant work experience.

This process is designed to ensure candidates are well-prepared for the challenging coursework and research components ahead.

For many, the choice to pursue a master’s degree hinges on the desire to:

  • gain a competitive edge in the job market,
  • increase salary prospects, or
  • delve deeper into a beloved discipline.

Whether you’re fresh from undergrad or a seasoned professional looking to pivot or advance in your career, a master’s degree can offer the specialized knowledge and credentials needed to achieve your goals.

What Is A Doctorate / Ph.D?

A PhD, or Doctor of Philosophy, is the highest academic degree you can get. It embodies a rigorous journey of: 

  • original research,
  • critical thinking, and
  • contribution to a specific field.

what is the difference between master degree and phd

This path isn’t merely an extension of graduate studies but a deep dive into uncharted territories of knowledge. Embarking on a PhD can profoundly influence your career path, opening doors to academia, research institutions, and high-level positions in various industries.

The heart of a PhD program is the dissertation, an extensive, detailed document that presents the PhD candidate’s original research. This task requires a blend of creativity, analytical skills, and perseverance, often spanning years.

The process starts with identifying a unique research question, followed by exhaustive study, experimentation, or theoretical analysis under the guidance of a supervisory committee.

Unlike master’s degrees, which combine coursework with some research elements, a PhD degree is predominantly research-oriented. Coursework in a PhD program, where present, serves to augment the student’s research capabilities and domain knowledge.

The duration to complete a PhD can vary widely, generally taking anywhere from three to even ten years, depending on the:

  • research field,
  • complexity of the dissertation, and
  • the student’s pace.
The application process for a PhD program is notably competitive, demanding a strong academic record, often a master’s degree, detailed research proposals, and letters of recommendation.

The journey shapes students into independent researchers, equipping them with skills to tackle complex problems and contribute novel insights to their field.

PhD graduates are revered for their expertise and often lead the charge in innovation, policy-making, and strategic decision-making in their respective domains.

For those passionate about research and committed to advancing knowledge, a PhD offers an unparalleled opportunity to make a lasting impact.

Masters and PhD are both advanced degrees, with some major differences. Here’s some for you to think about:

A master’s degree is designed to deepen your knowledge in a particular field, building on what you learned during your bachelor’s degree. It’s about advancing your understanding and enhancing your skills, often with a mix of coursework and research.

In contrast, a PhD is centered around original research. It’s about creating new knowledge, not just learning what’s already known.

PhD students work on a dissertation, a substantial piece of independent research that contributes new insights to their field.

Time is a significant factor. A master’s degree typically takes one to two years to complete, depending on whether you’re studying full-time or part-time.

A PhD can take anywhere from three to six years, sometimes as long as 10 years. The duration of a PhD is less predictable because it’s tied to your research project’s complexity.

Many students also started their PhD studies at a more mature years, were responsibilities like family and relationships are heavier.

Master’s programs often involve a significant amount of coursework, similar to your undergraduate studies. You might: 

  • attend lectures,
  • complete assignments, and
  • take exams.

PhD programs also start with coursework but to a lesser extent. The primary focus quickly shifts to research and writing your dissertation. You will spend time doing more research paper writing, as well as getting your dissertation ready for Viva Voce.

What Is The Difference Between A Masters And A PhD

While both degrees involve research, the depth and nature of this research differ. Master’s students might complete a thesis, a project that, while significant, doesn’t require creating new knowledge.

PhD research is more intensive. You’re expected to contribute original ideas that advance your field, culminating in your dissertation. This means delving into areas that not many researchers have explored. 

PhD students enjoy a higher degree of independence in their studies. While you’ll have a supervisor, the expectation is that you’ll guide your own research, from inception to completion. In fact, it is expected that you operate with independence, as that is how you will work as later on after your Ph.D

Master’s students also work independently, especially while working on their thesis, but they often have more structured guidance and a clearer framework provided by their program.

Your career path might influence your choice. Master’s degrees are often more professionally oriented. They can prepare you for advancement in your current field or help you pivot to a new area.

PhDs are academic and research-intensive, ideal for those aspiring to work in:

  • research institutions, or
  • highly specialized industry roles.

PhD holders also have more job openings that masters holders don’t have, especially in these fields

The cost of tuition and the time you spend not earning a full-time salary are significant considerations. Master’s degrees are shorter, so they’re generally less of a financial and time investment than PhDs.

Masters’ less stringent requirements also means many students can study while working, which helps with the finances.

what is the difference between master degree and phd

However, PhD programs often offer financial help, which can offset some of the costs . Many universities understand the commitment required to complete a PhD, and so they help in ways the can financially. These could involve funding opportunities like:

  • grants, and
  • assistantships.

Admission into a master’s program typically requires an undergraduate degree and sometimes relevant work experience. The competition may not be as fierce, but do not expect to just walk into a program.

For a PhD, the requirements are more stringent. You’ll likely need: 

  • a master’s degree in a related field,
  • a strong academic record,
  • detailed research proposals, and
  • letters of recommendation.

The application process is more competitive, reflecting the advanced level of study and research.

These distinctions underscore the importance of aligning your educational pursuits with your personal and professional goals.

Whether you choose to pursue a master’s degree or embark on the demanding journey of a PhD, both paths offer rewarding experiences and the opportunity to significantly advance your knowledge and skills.

Can You Get A PhD Degree Without Masters?

In some cases, you can leap directly to a PhD program with just your undergraduate degree in hand . This possibility hinges on various factors, including:

  • the field of study,
  • the specific requirements of the PhD program, and
  • the policies of the university.

In fields such as the sciences or engineering, some grad schools offer integrated programs that merge master’s and PhD studies. In these programs, you start focusing on doctoral-level work early on, sometimes bypassing the formal requirement of earning a master’s degree altogether.

What Is The Difference Between A Masters And A PhD

The coursework you undertake is aimed directly at preparing you for your PhD dissertation, the cornerstone of your doctoral study.

The application process for such direct-entry PhD programs is rigorous. Prospective PhD candidates must demonstrate:

  • exceptional academic records,
  • a strong research proposal, and often,
  • the backing of a potential supervisor

The ability to engage in independent research, a clear vision for your PhD project, and alignment with the department’s research areas are crucial.

Opting for this route can shorten your academic journey, allowing you to focus on your doctoral research and career prospects sooner. It’s a challenging but rewarding path for those with a clear research direction and a passion for diving deep into their chosen field from the outset.

Are There Other Doctoral Degrees Other Than PhD?

While the PhD might be the most recognized doctorate degree out there, it’s just one of many paths that lead to the pinnacle of academic achievement.

Across various fields, there are specialized doctorates tailored to specific careers, each with its own set of: 

  • requirements,
  • coursework, and
  • graduation requirements.

what is the difference between master degree and phd

Take, for example, the Doctor of Medicine (MD) for aspiring physicians or the Juris Doctor (JD) for future lawyers. These professional doctorates focus more on practical skills and less on original research, preparing you for specific career paths.

Then there’s the Doctor of Education (EdD), which is ideal for those aiming to lead and innovate in educational settings, focusing on applying research to solve real-world problems in education.

In the world of business, the Doctor of Business Administration (DBA) stands out. It’s designed for executives looking to apply research and advanced practice to business challenges, differing from a PhD in Business, which is more theory and research-oriented.

For those inclined towards engineering and technology, the Doctor of Engineering (DEng) offers an avenue to contribute to technological advancements through applied research projects, often in collaboration with industries.

Each of these doctoral degrees has its own set of prerequisites, from the application process to the years required to complete. What they share is a commitment to advancing knowledge and skills in their respective fields.

Whether through a dissertation, thesis, or a series of practical projects, these programs push you to the forefront of your discipline, opening doors to advanced career prospects and, in many cases, a path toward teaching and research at the highest levels.

Difference Between Masters And PhD: Explained

While both master’s and PhD degrees mark significant academic achievements, they cater to different goals and career paths. A master’s degree focuses on enhancing knowledge and skills within a specific field, offering a blend of coursework and research.

In contrast, a PhD is centered on original research, contributing new knowledge to a discipline.

Your choice between the two depends on your professional aspirations, commitment to research, and the level of expertise you wish to attain in your field.

what is the difference between master degree and phd

Dr. JW Ong holds academic degrees, including a Ph.D. in Applied Linguistics from universities in New Zealand, Malaysia, and the UK. He started PhDPursuits.com as a way to share the experience he wish he would have had known before embarking on his PhD.

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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 a tenured university professor 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. Salary is one of several crucial factor to choose a position.

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 tenured 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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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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what is the difference between master degree and phd

If you’re nearing the end of college or you’ve completed college, you’ve probably heard the term “graduate school” thrown around by your peers and teachers. In fact, you’ve probably heard all kinds of graduate-school related terms, like “graduate degree,” “Masters,” “PhD,” and more.

But what is a graduate degree? What is a PhD? What is a doctoral degree? What’s a doctorate? We’ll demystify it all here. (Hint: those last three are all the same thing.)

In this article, we’ll discuss what graduate school is, what graduate degrees you can get, and the difference between graduate and professional school. Then we’ll move on to discussing the benefits and drawbacks of graduate school, funding graduate programs, and how to apply to grad school.

What Is Graduate School?

What is grad school? Well, it’s not so much a specific “school” as a catchall term for some types of academic programs.  Graduate degree programs offer advanced training (beyond a bachelor’s degree) in a specific academic discipline. They very much focus on advancing your subject-specific academic knowledge as opposed to preparing you for a specific career or job. Graduate degree programs often include opportunities to complete original research in the field.

There are a few different types of graduate degrees. We’ll review them in the next section.

What Is a Graduate Degree? The 3 Main Types

There are, generally speaking, three kinds of graduate degrees offered by graduate schools: the Master of Arts, the Master of Science, and the Doctor of Philosophy (PhD). The MA and MS offer additional schooling in a discipline beyond a bachelor’s degree. A PhD is the most advanced degree in a given academic field. (Note that this is not true of professional fields—we will discuss the difference in the next section.)

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Master of Arts (MA)

What is a Master’s Degree? The Master of Arts is the typical Master’s graduate program for humanities and social science disciplines. They can be fairly general—for example, an MA in Communication or Anthropology, or even Humanities. They can also be highly specialized, like an MA in Folklore or an MA in History of the Book (a real degree!).

Some MA degrees lead specifically to a PhD, while others stand on their own. There are graduate programs designed for those with no prior academic exposure to a field, while others provide further training to those who studied the discipline (or a closely related one) as undergraduates. Some offer original research opportunities, while others focus more on instruction.

Depending on the specific discipline and program, an MA degree generally lasts 1-2 years for a full-time student. Select fields or disciplines may offer a 3-year Master of Arts.

Master of Science (MS)

The Master of Science is the typical Master’s graduate program for scientific and quantitative disciplines. Like the MA, the MS can be fairly general in its focus, like an MS in Biology or Computer Science. They can also be incredibly specialized, like an MS in Predictive Analytics or Agricultural Economics.

Also like the MA, some are designed for those with bachelor’s degrees in the discipline. Others are designed for those trying to get exposure to a new field. Some more closely focus on the student completing original research, while others focus more on delivering in-depth instruction.

An MS degree also generally lasts 1-2 years for a full-time student. In some select fields/programs, it may take 3 years.

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Doctor of Philosophy (PhD)

What is a PhD? PhD stands for Doctor of Philosophy. The PhD is the most advanced degree in a given academic discipline. It’s also known as a doctorate or a doctoral degree.

As the most advanced degree in an academic field, it’s considered a terminal degree. The Doctor of Philosophy prepares students to do academic work in their discipline —research and teaching—and for positions at universities and research institutions.

PhD programs generally expect students to have some preexisting academic training in the discipline or a related field, usually from the student’s undergraduate degree. Most PhDs will not expect incoming students to have Master’s degrees, although some might. However, students with an MA or MS in the discipline might be able to complete the PhD more quickly because they may not need to complete as much coursework.

Furthermore, most PhD programs do expect applicants to have some form of previous research experience and preferably some academic publishing credits. They may not require the student to have the experience and publishing credits in the same discipline as the PhD, but almost all PhD programs will expect some amount of previous research and academic publication experience.

The structure of a PhD typically involves some amount of preliminary coursework, followed by a written and oral exam in the discipline. Then students will begin research and work on their PhD dissertation, an original research project. Throughout this time, students generally teach and/or work as research assistants to make money.

How many years is a doctorate degree? A PhD can take anywhere from three years (if you have a master’s degree and write extremely fast!) to eight years (if you have a lot of coursework to complete and a particularly obscure dissertation topic). But the time it usually takes to complete a PhD is in the 4-6 year range.

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Graduate vs. Professional School

You may notice a huge number of degrees you could pursue after your undergraduate degree missing from the list of degrees above—like the MD, the MBA, the MPH, the MFA, the JD, the MEd, and many others.

This is because those degrees are professional degrees.

So what’s the difference between a graduate degree and a professional degree? A graduate degree provides advanced training in an academic discipline. A professional degree provides advanced training for a specific profession. For example, a JD trains you to become a lawyer. An MD trains you to become a doctor. So while a graduate degree focuses on an academic discipline or area of inquiry, a professional degree focuses on professional training.

We should be clear that these are not hard-and-fast distinctions. The line between what is a graduate program and what is a professional program is not always crystal-clear. Many institutions will refer to some (or all) of their advanced degrees as graduate degrees, without distinguishing between graduate and professional schools.

Additionally, professional degrees can lead to academia, and graduate degrees can lead to professional careers. For example, an MFA can prepare students both for academic teaching and inquiry and for professional careers as artists. While an MPH trains you to work as a public health professional, many MPHs go on to work for research institutions or receive PhDs and go into academia. Many professional schools offer MS or MA degrees (for example, a business school may offer an MS in Business Informatics). Additionally, some graduate schools offer MA or MS degrees that primarily focus on building professional skills and contacts.

Gray areas aside, the general distinction is that professional degrees focus on building career and professional skills, while graduate degrees focus on building your knowledge in a particular discipline and your skill in academic inquiry.

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5 Top Benefits of Graduate School

Now that we’ve answered the question, “what is graduate school,” you may find yourself wondering: Is grad school worth it? Should I go to graduate school?

Here are five potential benefits to graduate school:

Preparation to Work in Academia

A major reason to go to graduate school—particularly to earn a PhD—is to position yourself to work in academia. If you want to be a professor at a university, you will need a PhD. For lecturer or researcher positions at small or community colleges, an MA or MS may be sufficient.

But in general, if you want to teach at a college level and work on research in a given discipline, a graduate degree of some kind is pretty much necessary.

Higher Earning Potential and Expanded Job Prospects (Sometimes)

A graduate degree will often increase your earning potential. More relevant training typically means more pay in that field. You’ll also be eligible for more jobs, like more senior research positions.

However, you shouldn’t assume that a graduate degree will always expand your job prospects and increase your pay. An MA in Middle English may not really lead to much of anything except increased debt, simply because there’s just not a high demand for people with MAs in Middle English. So, that training isn’t likely to be considered valuable enough for you to earn more or be a more attractive job applicant.

Be sure to do some research into the discipline you are interested in so that you have a realistic idea of how it will expand your job prospects and pay, if at all.

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Pivoting Your Skills

Say your undergraduate degree was in English Literature, but now you want to be a sociologist. Getting a master’s degree is a great way to get training in a new discipline you haven’t had much exposure to. Armed with your shiny new master’s degree and associated skills, you’ll be able to work in a field that was previously closed to you.

Get Published

If you need to develop research skills and publish some academic papers, getting an MA or MS can be a good move. This is particularly true if you want to pursue a PhD and need to beef up   your research experience and publication credits. Getting a master’s in a discipline related to your prospective PhD can be a huge help here. It will also help you build contacts to serve as recommendations.

Strengthen an Application to Professional School

In a similar vein, you may want to get an MA or MS to strengthen an application to professional school. Any research and publication credits you amass there, as well as a strong GPA or good recommendations, will help you stand out.

For example, maybe your heart is set on being a doctor but your undergraduate grades aren’t quite at the level you’d like, or you simply want to stand out more. Really excelling in an MS program can boost your application.

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2 Potential Drawbacks to Graduate School

We’ve listed the benefits—but don’t put in your application yet. There are also some potential drawbacks to graduate school to consider. We’ll list two of the most major drawbacks here.

Considerable Expenses

Graduate degrees are expensive! Tuition and fees can easily run past $20,000 a semester at a private university, not to mention living expenses. You may have to take out pretty massive loans to cover all of this, so it’s important that you carefully consider how graduate school will increase your earning potential or job prospects. In more esoteric fields, the expense may not ever pay off in realized earnings. This shouldn’t necessarily dissuade you from pursuing a graduate degree but it is something to be aware of.

However, some programs will cover all or most of your tuition. You’ll also most likely be able to work part-time while completing graduate work, which will help offset expenses. For most PhD candidates, and some masters students, part-time work as teaching staff or research assistants is built into the program.

If you’re completing a part-time master’s degree, you can also maintain a full-time job while you complete the coursework.

Finally, keep in mind that the expense of tuition isn’t the only cost—while you’re in graduate school, you could be making a full salary employed in the workforce. In some cases, your PhD might lead to a higher salary, but it’ll take multiple years for you to recover the full salaries that you lost out on while you were in school.

Poor Job Prospects

There are some graduate disciplines that simply don’t lead to many job opportunities. For example, there are far more philosophy PhD graduates than tenure-track positions in university philosophy departments. In fact, academia in general is hyper-competitive, so unless you are attending a top program, getting an academic job at the end may be almost ludicrously difficult.

Especially if you are paying for the graduate degree yourself, if there isn’t much in the way of job offers at the end, the degree may be a poor investment. This is something to research before committing to the course.

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Funding: How to Pay for Graduate School

Finding graduate school funding can be difficult. There are, in general, a lot more people who want to go to school than there is money available to fund them. Funding in the forms of grants, fellowships, and scholarships for master’s programs in particular tends to be incredibly competitive. There are few fellowships and scholarships available at this level, though there is more funding available for students in high-demand STEM fields like engineering and computer science.

On the flip side, it’s more likely that you’ll receive partial or full funding for PhD work. But PhD programs are far, far more competitive for admission than master’s programs.

Sometimes you can be admitted to a PhD program without any funding. (This is called a self-funded PhD.) This is not likely to pay off in the long run unless you have some fairly sizable independent income or savings, as you will almost certainly rack up debt in the hundreds of thousands of dollars. The return-on-investment in this case may not be very high, especially given how competitive it is to get a tenure-track position.

Funding for a given program is likely to be some combination of loans, grants and fellowships, and research or teaching positions. Even if you are a fully funded PhD student, you won’t receive a whole lot of money—generally just enough to cover expenses.

In general, people don’t go to graduate school to make the big bucks, but because they have a very intense passion for the discipline.

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Applying to Graduate School: How to Get Into Grad School

If you’ve decided to apply to graduate school, what do you need to be a successful candidate? This will of course vary from program to program, but you’ll need a few general qualifications.

Good GRE Score

You’ll need a GRE score that’s reasonably competitive for the programs you’re interested in. (See more on what’s a good GRE score here ). This will usually involve a high score in the more relevant section of the GRE. So for a math or science graduate degree, you’ll need a high Quant score. For a humanities or social sciences degree, you’ll need a high Verbal score.

Relevant Experience and/or Publication Credits

You’ll need to have the requisite relevant experience for admission. For master’s programs, this can take the shape of some kind of work experience, undergraduate experience, research experience, and/or publication credits. However, for PhD programs, you’ll almost certainly need research experience and academic publication credits to be a competitive applicant. The experience and publications won’t necessarily have to be directly within the discipline you are applying in, but you will need them to show that you have academic chops.

Strong Undergraduate Record

A strong undergraduate record makes for a stronger application. Barring that, solid work or research experience and/or strong grades in another master’s or professional degree can also help you get admitted to the program(s) of your choice.

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Good Recommendations

Highly positive recommendations, especially from notable people within the field, can provide a real boost to your application. You want recommenders who can speak to your interest in the field as well as your suitability for academic work. If you’re an undergraduate at the time of application, professors you’ve worked with are the best option. If you’re a recent graduate, a combination of professional and academic recommendations will probably best capture your skills. And if you have been out of school for some time, your recommendations may be primarily professional, which is fine.

Clear Articulation of Your Interests and Goals

It’s also important that your application clearly communicates why you’re interested in further training in the discipline and what you plan to do with that training. If you can articulate a real passion for the field and clear goals, and you can connect those things to elements of the specific program you are applying to, your application will be much stronger.

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Summary: What Is Graduate School?

“Graduate school” is a catchall term for academic programs that provide training in a specific academic discipline or field beyond the undergraduate level.

There are three primary kinds of graduate degrees:

  • Master of arts degrees typically provide further training in the humanities and social sciences.
  • Master of science degrees usually provide further training in the sciences and quantitative fields.
  • PhDs, or doctorates in philosophy, provide the most advanced training available in a given academic discipline. PhDs prepare you to work in academia.

Graduate school is different from professional school. Professional school describes academic programs beyond an undergraduate degree that train you to work in a specific professional field. For example, lawyers get JDs, and doctors get MDs. There are some gray areas between graduate and professional school, but the general distinction is that graduate school furthers your knowledge of an academic field and professional school trains you for a specific career or class of careers.

Here are some of the main benefits of graduate school:

  • Graduate degrees are necessary for work in academia.
  • Some fields may give you higher earning potential and expanded job prospects.
  • You can gain skills in a new area or discipline than your undergraduate degree.
  • Graduate school can help you get research experience and publication credits.
  • A graduate degree can help you strengthen your application to professional school.

Here are some of the main drawbacks to graduate school:

  • Graduate school is expensive!
  • Some graduate degrees won’t give you expanded job prospects or a better salary, making them a poor investment.

It can be difficult to get funding for graduate school. You are more likely to get funding for a PhD than a master’s degree, but PhDs are also more competitive. Overall, most people don’t go to graduate school specifically because they are looking for a very lucrative career.

 If you want to go to graduate school, here’s how to make yourself a strong applicant:

  • Get a good GRE score
  • Have relevant experience and/or publication credits
  • Have a strong undergraduate record
  • Secure glowing recommendations
  • Clearly articulate your interests and goals in the discipline

That’s our overview of graduate school, folks!

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What’s Next?

What GRE score do you need for graduate school? Check out our expert analysis of average GRE scores by school and average GRE scores by major . Or maybe you don’t need to take the GRE to get into grad school at all!

If you are taking the GRE, you want to maximize your chances of success. So consider when to take the GRE  and how to make a GRE study plan .

Think you may need to retake the GRE ? Here’s a surefire way improve your GRE scores .

Ready to improve your GRE score by 7 points?

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Author: Ellen McCammon

Ellen is a public health graduate student and education expert. She has extensive experience mentoring students of all ages to reach their goals and in-depth knowledge on a variety of health topics. View all posts by Ellen McCammon

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  • PhD vs MD: What You Need to Know Before Deciding
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Choosing between a PhD and an MD is crucial as it determines your future career. But before making a choice, it’s imperative to understand where the two degrees differ and what each has to offer. 

Have you ever wondered whether a career in research or patient care is the right fit for you? Choosing between a PhD and an MD can significantly shape your professional life. Understanding their differences is crucial for making an informed decision that aligns with your interests and career goals.

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So, if you’re stuck in choosing between PhD vs MD degrees, come along as we delve into the differences between these two degrees and what to consider before making your decision. This blog post includes everything you need to know!

What Is a PhD?

A PhD, or Doctor of Philosophy, is a degree awarded to professionals who conduct research in medicine. This title, however, can be awarded not only to medical professionals but also to anyone who conducts research in their chosen field. 

The process develops deep expertise, critical thinking, and advanced research skills, contributing further to enhanced career opportunities for the PhD title owner and new knowledge in the field the research has been conducted in. 

What Is an MD?

The MD, Doctor of Medicine degree, is awarded by medical schools to students seeking to become physicians and specialize in a chosen medical field. It is divided into two phases: theoretical and practical. 

The primary focus of an MD is patient care, emphasizing the practical application of medical knowledge to treat physical and mental health conditions. After earning an MD, graduates must complete residency training in a chosen specialty.

Difference Between PhD and MD

difference-between-phd-vs-md

Making the difference between PhD and MD degrees requires a closer look at the educational pathways, training and skills acquired, and career opportunities each degree offers.

Educational Pathways

The educational path for obtaining a PhD degree is purely academic, mixed with research requirements:

  • Bachelor’s Degree: Start with an undergraduate degree, typically in a related field.
  • Master’s Degree (sometimes optional): Some programs require a master’s degree before entering a PhD program.
  • Coursework and Exams: After applying and getting accepted into a PhD program, you begin with 1-2 years of advanced coursework to build specialized knowledge in your field. Passing exams that test your understanding of the field is vital. These are often required before moving on to research.
  • Research: Develop a research question or project and get it approved by your advisor and committee. Then, conduct original research, which may often take several years, contributing new knowledge to the field.
  • Dissertation: Write a detailed document presenting your research findings and defend your research before a committee of experts.
  • Graduation: If successful, earn your PhD and become an expert in your field.

On the contrary, MD candidates go through an educational process that combines both the theoretical and the practical:

  • Bachelor’s Degree : Start with an undergraduate degree, often with a focus on pre-medical courses like biology and chemistry.
  • Medical College Admission Test (MCAT) : Take and pass the MCAT , a standardized exam required for medical school admission.
  • Medical School (4 years):
  • Years 1-2: Complete classroom-based courses covering medical sciences like anatomy, pharmacology, and pathology.
  • Years 3-4: Engage in clinical rotations in hospitals, working in different specialties like surgery, pediatrics, and internal medicine.
  • USMLE Exams : Pass the United States Medical Licensing Examination (USMLE) Step 1 and Step 2 during medical school.
  • Graduation : Earn your MD degree upon completing medical school.

Following graduation, MD’s are required to begin residency training, where they work as doctors under supervision. After residency, they need to pass exams to become board-certified in a chosen specialty.

Training and Skills

The PhD degree equips candidates with a diverse range of skills that stem from years of knowledge acquisition, research, and writing experience. The most critical skills PhD owners have include:

Research Skills

  • Learn how to design, conduct, and analyze research projects
  • Develop expertise in research methods and tools specific to your field

Critical Thinking

  • Sharpen the ability to evaluate theories, data, and research findings
  • Learn to identify gaps in existing knowledge and formulate new questions

Problem-Solving

  • Tackle complex problems through independent research
  • Develop innovative solutions and contribute new insights to your field

Writing and Communication

  • Improve academic writing skills, especially for writing research papers and your dissertation
  • Learn to present complex ideas clearly, both in writing and orally

Teaching and Mentoring

  • Gain experience teaching undergraduate students and mentoring junior researchers

The MD degree, on the other hand, provides a wide range of strengths that extend beyond soft skills, equipping candidates with advanced medical prowess that aids in effective patient care. The list includes: 

Medical Knowledge

  • Learn in-depth about human anatomy, physiology, diseases, and treatments
  • Understand the science behind various medical conditions and how to treat them

Clinical Skills

  • Develop hands-on skills like taking patient histories, performing physical exams, and conducting medical procedures
  • Learn how to diagnose illnesses, interpret lab results, and create treatment plans

Patient Care

  • Enhance communication skills for interacting with patients and their families
  • Learn how to provide compassionate, patient-centered care
  • Work closely with other healthcare professionals, like nurses and specialists, to provide coordinated care

Professionalism and Ethics

  • Understand the ethical principles of medicine, including patient confidentiality and informed consent
  • Develop a strong sense of responsibility and professionalism in all interactions

Career Opportunities

The career outlook for PhD individuals is vast. From academic settings to research, here are some potential careers for PhD graduates:

  • Academic Professor: Teach and conduct research at universities, mentoring students and contributing to academic knowledge.
  • Research Scientist: Work in laboratories (universities, government, or private companies) conducting experiments and studies to advance knowledge in your field
  • Consultant: Provide expert advice to businesses, government agencies, or non-profits, using your deep knowledge to solve complex problems
  • Data Scientist: Analyze large data sets to identify trends and insights, often working in tech, finance, or healthcare
  • Science Communicator: Write, speak, or create content to explain complex scientific concepts to the public, working in media, museums, or education

Potential careers for MD graduates include:

  • Primary Care Physician: Provide general medical care, including diagnosing and treating common illnesses, and managing overall patient health
  • Surgeon : Perform operations to treat injuries, diseases, or deformities, specializing in areas like orthopedics, neurosurgery, or cardiac surgery
  • Medical Researcher: Conduct research to develop new treatments, medications, or medical technologies, often working in hospitals, universities, or pharmaceutical companies
  • Hospital Administrator: Manage hospital operations, overseeing staff, budgets, and policies to ensure efficient and effective patient care
  • Public Health Official: Work to improve community health through policy, education, and disease prevention programs, often within government or non-profits

The salary expectations for both PhD and MD graduates are relatively high, with some careers offering better salaries than others. 

Academic professors, for example, can expect an annual salary of $84,340 by working in public and private universities and colleges or professional schools. Medical scientists, currently in demand and with an expected growth in employment by 10%, gain $100,890 yearly income. 

The demand for data scientists, on the other hand, is significantly higher than most careers, with 35% estimated growth , and with a salary that reaches $108,000 every year. 

MD graduates typically have higher salaries, resulting from the high-risk critical nature of their work in dealing with patients. The salary for surgeons of any specialty is up to $343,900 annually, which surpasses many other careers. Hospital administrators’ salaries are also high, with a $272,355 median salary per year.

In general, the demand for physicians and surgeons is anticipated to grow by 3% in the following decade. 

Considerations for Choosing Between a PhD and MD

Aside from the differences between PhD vs. MD degrees, one must consider their personal interests and goals before taking the next step. Career aspirations and lifestyle choices also should factor in when making the ultimate decision. 

Personal Interests and Goals

Choosing between a PhD and an MD depends on your personal interests and career goals. If you’re passionate about research, discovery, and contributing new knowledge, a PhD may be the right path. 

If you’re driven by a desire to directly help patients, diagnose, and treat illnesses, an MD aligns better. Both require dedication, but the choice hinges on whether you prefer research or clinical practice.

Career Aspirations

Career aspirations significantly influence whether a PhD or MD is the better fit. A PhD is ideal for those aiming for careers in academia, research, or specialized industry roles, where deep expertise and innovation are key. 

An MD suits those aspiring to practice medicine, provide patient care, or work in clinical settings. Each degree supports distinct professional paths—research for PhDs, and patient care for MDs.

Work-Life Balance and Lifestyle

Work-life balance and lifestyle differ between a PhD and an MD. PhD careers, especially in academia or research, often offer more flexible hours, allowing for better work-life balance. MDs, particularly in clinical roles, may face long, irregular hours, especially during residency and early practice, leading to more demanding lifestyles. 

However, MDs often experience high job satisfaction from direct patient care, despite the rigorous schedule.

Understanding the differences between a PhD vs. MD proves to be vital for any student. From the educational path each degree requires to the skills acquired and the careers offered, exploring their differences can aid in making the right choice for your future.

Reflect on your personal interests and career goals to determine which path aligns best with your aspirations. Whether you want to contribute to academic knowledge or provide patient care, each degree has its importance and can prepare you for success!

Frequently Asked Questions (FAQs):

Is it possible to combine a phd with an md, and if so, how.

Yes, combining a PhD with an MD is possible through MD/PhD programs, which integrate medical training with research-focused PhD studies. This path allows for a career that blends clinical practice with advanced research.

Can you pursue a PhD after earning an MD?

Yes, you can pursue a PhD after earning an MD. Many MDs choose to return to academia to conduct research, often focusing on areas where their clinical experience enhances their scientific work.

what is the difference between master degree and phd

Why I Chose AUA:

“I was confident going into AUA because of their leadership. It was clear to me from the beginning that the staff and administration from top to bottom were pioneers and leaders in medical education. They showed a great deal of commitment by investing in constructing a brand new state of the art campus while I was there. Although the new campus opened shortly after I left the island, it was encouraging to watch its construction. It let us know that AUA was committed to investing back into its students, and are here to stay for years to come.”

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what is the difference between master degree and phd

MS vs PhD: Which Psychology Degree Should You Get?

An  undergraduate degree  proves a great starting point for people interested in careers involving psychology. To advance into occupations involving greater responsibility and pay, however, generally requires a graduate degree.

For instance, a master’s degree in psychology is one of the necessities to become a licensed therapist, such as a marriage and family therapist – a career the  Bureau of Labor Statistics  (BLS) predicts to grow a whopping 16% between 2020-2030. And becoming a  psychologist  – a position with an average median annual salary of $82,180 – requires earning a doctorate in psychology.

What Are MS and PhD in Psychology Degrees For?

The  MS (Master of Science) in Psychology  and the  PhD (Doctor of Philosophy) in Psychology  are degrees for people interested in advanced study in the discipline. Students obtain a greater understanding of human behavior and how to help others. Degree earners are often interested in careers as therapists, licensed psychologists, researchers, or professors.

Choosing Between a Master’s Degree in Psychology vs. a Doctor of Philosophy in Psychology Program

The choice between pursuing a Master’s Degree in Psychology vs. a PhD in Psychology boils down to individual interests and career aspirations. Many students find a MS in Psychology sufficient for the types of jobs they want. Others discover a doctorate necessary for the occupations to which they aspire.

What Is a MS in Psychology?

An MS in Psychology is a graduate degree that prepares recipients for a variety of careers. It also can serve as a building block to entering doctoral studies, and an MS program typically takes about two years to complete. Online MS in Psychology programs sometimes offers accelerated options in which ambitious students can finish in around 18 months.

While coursework varies by institution and personal interests, students in psychology master’s programs often take these classes:

  • Lifespan development
  • Research methodology
  • Cognitive psychology
  • Social psychology
  • Personality
  • Foundations of therapy
  • Family systems theory
  • Abnormal psychology

Some students focus on general psychology. Others gear their master’s program to a specific area. Some niche choices include:

  • Educational psychology
  • Forensic psychology
  • Clinical psychology
  • Industrial-organizational psychology
  • Sport psychology
  • Health psychology
  • Counseling psychology
  • Child and adolescent development
  • Applied behavior analysis

Who Should Get a MS in Psychology?

Students who want to expand their knowledge of psychology beyond the undergraduate level often seek a master’s degree. Some students pursue an MS to become more attractive candidates to schools when they apply to doctoral programs. 

Others enter the workforce after receiving their MS in psychology. They find careers in the following fields:

  • Advertising
  • Human resources
  • Criminal justice
  • Social services
  • Mental health

What Can You Do with a MS in Psychology?

Individuals who have earned a Master’s in Psychology find their degree a gateway to various types of jobs dealing with people and what influences their behavior. A sample of possible occupations is listed below.

What Is a PhD In Psychology?

A PhD in psychology is the highest-level degree within the discipline. Earning it signifies academic excellence and dedication to the field. In addition to mastering psychological theories and concepts, PhD candidates learn how to advance scientific knowledge through their own original research.

Who Should Get a PhD In Psychology?

Obtaining a PhD in psychology is a rigorous process. It involves classwork, passing an oral exam demonstrating competency, and completing a dissertation. Practicums, internships, and teaching experiences may also be part of the program.

Students thinking about entering such a program should possess a  strong background in psychology , such as a bachelor’s and/or master’s degree. They also should look closely at their career goals and decide whether a PhD puts them on the right path.

What Can You Do with a PhD In Psychology?

The expertise obtained from earning a PhD in Psychology opens doors to a variety of careers. Three sample positions include:

Many PhDs remain in academia. They teach classes at colleges and junior colleges as well as perform research in their area of interest within the field of psychology. The BLS lists the mean annual wage for postsecondary psychology teachers as $85,050. 6

Clinical psychologists diagnose and treat a variety of mental, emotional, and behavioral problems. Some specialize in certain areas, such as treating depression or eating disorders. Others work with specific populations, such as children or the elderly. The median yearly salary for a clinical psychologist in 2020 was $79,820 per the BLS. 7

These professionals apply their knowledge of psychology to the workplace. Companies and governmental organizations hire them to examine issues such as productivity, morale, teamwork, hiring, and organizational development. Their suggestions lead to workplace improvements. The BLS reports the median annual salary for an industrial-organizational psychologist in 2020 as $96,270. 7

PsyD Vs PhD at a Glance

Individuals wishing to earn a doctorate have another option besides a PhD in Psychology. They may pursue a PsyD (Doctor of Psychology). Selecting which to earn depends on the student’s educational and career interests.

In general, PsyD programs:

  • Focus heavily on applied psychology
  • Take 4-7 years to complete
  • Attract students interested in working as therapists inc community mental health, hospital, and private practice settings

By comparison, PhD programs in psychology:

  • Focus extensively on generating new knowledge through scientific research
  • Attract students interested in remaining in academia as professors and researchers, though many do  seek licensure and become practicing psychologists

What to Look for in Psychology Graduate Degree Programs

Online vs. on-campus learning.

Whether a student wishes to pursue a master’s degree or a doctorate, choices exist regarding the learning format. Some schools offer graduate-level psychology programs online. Choosing such a route can prove beneficial in terms of access, flexibility, and cost. 

Online studies remove geographical barriers when selecting an institution, which opens up a greater pool from which to choose. Remaining at home eliminates expenses related to travel and campus housing, and students with spouses or children do not need to upend their family’s lives to further their education and careers.

Students seeking online degrees should check the terms, however. Some programs include short residency requirements. Likewise, individuals may need to go to campus or other physical sites to complete research projects, internships, practicums, or other hands-on experiences.

Of course, regular on-site programs remain an option for students preferring traditional graduate school. A consistent schedule and the social aspect of attending classes physically alongside others still appeal to many students.

Psychology Certification and Licensure

Psychology-related occupations often require state licensure. Knowing the specifics for the state in which one hopes to find employment can guide educational and career choices and prevent unwelcome surprises down the line.

Psychologists, for example, typically need to complete the following:

  • A PsyD or a PhD in Psychology
  • An internship
  • A post-doc or 1-year supervised professional experience after the internship
  • A passing score on the Examination for Professional Practice in Psychology 
  • Completion of a dissertation or case study

States usually require all licensed therapists to complete the following:

  • A master’s degree
  • A range of 2,000-4,000 hours of post-degree supervised clinical experience
  • A successful exam score

Applying to Psychology Doctoral Programs

Acceptance into a Doctoral in Psychology program involves applying to individual institutions. Competition for spots can be substantial, so candidates should apply to several schools in order to increase the chances of getting in. 

Some places are more selective than others and may present harder entrance requirements. Someone who has not completed an undergraduate degree in psychology or a sufficient number of psychology courses will likely need to address this gap before seeking admission.

Admissions Requirements for PsyD and PhD Programs

Depending on where a student applies, the prospective school may ask for the following::

  • Official transcripts from past collegiate studies at the undergraduate and graduate level, including classes taken, GPA, and degree(s) awarded with date
  • Proof of any internships, certifications, or licenses
  • A resume of work history, including dates and duties
  • A description of other relevant activities, such as volunteer work or participation in professional associations
  • Scores from the GRE and the GRE Psychology Test
  • 2-3 letters of recommendation that support the candidacy
  • Responses to essay prompts
  • A personal statement explaining why the student wants to pursue this degree
  • Interviews with faculty

Note that some programs look only at candidates who already possess a Master’s Degree in Psychology or a closely related field. Others accept students with a bachelor’s degree into a combined master’s/doctoral program.

Accreditation

Selecting a school with regional accreditation ensures the institution has met certain educational standards. Choose one approved by the  U.S. Department of Education  or the nonprofit  Council for Higher Education Accreditation  (CHEA). Your school’s specific graduate psychology program also should be accredited by one or both of these organizations.

Another important factor is checking if the program is accredited by the American Psychological Association (APA). 8  Satisfying licensure requirements in some states can be problematic without APA accreditation. Likewise, employers will often look at only job candidates who graduated from an APA-approved program and completed an APA-accredited internship.

Graduate Psychology Career Resources

The following organizations provide further information on licensure for different careers:

  • The Association of State and Provincial Psychology Boards
  • The National Board for Certified Counselors
  • The Association of Marital and Family Therapy Regulatory Boards
  • Commission on Rehabilitation Counselor Certification
  • Someone possessing a PhD is not a medical doctor. A PhD is a doctor of philosophy. In recognition of the expertise obtained from completing this rigorous course of study, holders of a PhD are entitled to use the title “Doctor” if they so choose.
  • One isn’t better than the other, just different. Which degree to pursue depends on individual interests and career aspirations. Aspiring therapists and counselors often choose a master’s program. Those wishing to become licensed psychologists must complete a doctoral program. Also, PhD programs focus heavily on research and often lead to working in an academic setting or consulting.
  • Some career options for people who earn a graduate degree in psychology include marriage and family therapist, mental health counselor, substance abuse counselor, counseling psychologist, researcher, and psychology professor.
  • A person holding a PhD in psychology is not a medical doctor and usually cannot write prescriptions. A few states do allow psychologists with training in psychopharmacology to prescribe a limited number of psychiatric medications. The majority of prescriptions, however, are written out by psychiatrists since they are MDs.
  • https://www.bls.gov/ooh/community-and-social-service/marriage-and-family-therapists.htm#tab-1
  • https://www.bls.gov/ooh/life-physical-and-social-science/psychologists.htm#tab-1
  • https://www.bls.gov/ooh/community-and-social-service/substance-abuse-behavioral-disorder-and-mental-health-counselors.htm#tab-1
  • https://www.bls.gov/ooh/business-and-financial/market-research-analysts.htm
  • https://www.bls.gov/ooh/business-and-financial/training-and-development-specialists.htm
  • https://www.bls.gov/oes/2017/may/oes251066.htm
  • https://www.bls.gov/ooh/life-physical-and-social-science/psychologists.htm#tab-5
  • https://www.accreditation.apa.org/accredited-programs

psychology schools guide

  • Psychology Programs

what is the difference between master degree and phd

What are the Differences Between a Masters and PhD in Psychology?

Choosing a path in psychology can be a bit like picking a route for a big journey. Should you stop at a master’s or go all the way to a PhD? While both are advanced degrees, they serve different purposes.

A master’s in psychology usually takes less time and provides a general overview, helping you get into various career paths within the field. A PhD, however, is a longer journey, focusing on specialized research and allowing you to become an expert in a specific area.

So, whether you are dreaming of counseling, teaching, or groundbreaking research, understanding the distinctions between these degrees is crucial. Let’s explore both options to find which suits you best!

psychology phd vs masters

Masters Vs. PhD in Psychology

A master’s in psychology typically takes 2-3 years and provides foundational knowledge and skills for various psychology-related careers. On the other hand, a PhD in psychology, taking 4-7 years, emphasizes research and advanced expertise, preparing graduates for academic, research, or specialized clinical positions.

To work in the field psychology, you need to have a minimum of master’s degree in psychology , and if you want to become a licensed psychologist , then a PhD will help you do that.

Master’s and Ph.D. degrees come under the heading of graduate studies. As mentioned above, a master’s degree in psychology typically takes between 2 to 3 years to complete in addition to an undergraduate in the same subject.

There are different types of psychology master’s degrees with the two most common being a Master’s of Art (M.A.) and a Master’s of Science (M.S.) . Without a master’s degree in psychology you cannot get licensed and hence you cannot begin practicing freely.

If your focus in psychology is more towards the applied side, you will need to complete an internship as well. Depending on the program, students may also need to prepare a thesis report towards the final months of a master’s program.

When it comes to a psychology doctorate degree , there are essentially 2 options – a PhD (Doctor of Philosophy) or a Psy. D (Doctor of Psychology) . A PhD in psychology is more research oriented, whereas a Psy. D is more focused towards the practical and clinical sides. However, we are limiting our discussion to a PhD in psychology.

Typically a PhD can take between 4 and 7 years depending on how you approach it and on your work schedule. A few years of course work and a final dissertation are almost always required in a PhD program. Some PhD programs even require students to complete an internship which formally marks the end of their doctorate program.

The Road to Get There

To get into a master’s level program in psychology, it is preferred that candidates possess an undergraduate background in psychology. At the undergraduate level, students are presented with the opportunity to choose their majors which is then carried forward in the master’s program.

The undergraduate degree is necessary for creating a strong background and laying the right foundation for students. Some masters programs prefer that candidates have gone through some practical training which usually takes the form of an internship.

A master’s degree in psychology can also serve as an inroad to a PhD in psychology. Many top university PhD programs require students to have a master’s degree in psychology under their belt as a pre-requisite.

However not all PhD programs have that requirement. Some programs offer students a terminal master’s degree in the process of a PhD. This is basically a specialized master’s program that prepares students in their area of expertise and professional practice.

It is often required by PhD level psychology programs for students to have some kind of prior practical experience. This could be an internship or an assistant level position to a senior psychologist. With added practical experience, the concepts taught at the doctorate level are easier to understand and make more sense.

After Graduation

Psychology is a vast and quick expanding field of science which means that demand for qualified psychologists is high. With a masters level psychology you may land some entry level jobs such as a research assistant, assistant to a supervisor, teacher’s assistant and so on. You may work with other psychologists and learn from them on the job.

Opportunities may also exist in mental health institutes, schools and the like. You may also sit-in some sessions with a senior as they treat other patients. Initially there will be a lot of interaction with seniors in a controlled environment.

With a PhD in psychology under your belt you may be exposed to a more challenging and dynamic work environment. You may be part of an experiment where patients are kept under closely monitored situations. Pharmaceutical companies may contract your services to work on drug trials for instance.

Depending on your chosen niche, you may spend time with patients at correctional facilities, detention centers and even prisons.

Which One is Right For You?

There is no right answer for this question. Both degree options have their own merits, requirements and results. What matters is your drive and motivation as well as your career aspiration. For starters, you need to have an interest in the subject of psychology, otherwise there may not be any point in doing a masters, let alone a PhD.

A masters can only take you so far career-wise, sooner or later you will need to rely on a PhD to take your career to the next level – therefore you need to consider your vision. The best way to answer this question is from a timeline point of view – you must prioritize your goals at the given time.

Related Reading

  • How to Become a Private Psychologist
  • Bachelor’s Vs. Master’s Degree in Psychology
  • NO GRE Online Master’s Degrees in Psychology
  • Psychology PhD Programs That Don’t Require GRE
  • What Can You Do With a Bachelor’s of Arts Psychology Degree
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  2. The Difference Between a Master's and PhD

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

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COMMENTS

  1. 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 ...

  2. 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.

  3. 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.

  4. 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).

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

    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.

  6. 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:

  7. Master's vs Doctorate: Which Degree is Right for You?

    A master's degree is designed to deepen career-oriented knowledge and skills. A doctorate degree is a heavily research-based degree, designed to develop critical research,analytical and writing skills in an effort to fill industry knowledge gaps. Because of these different goals, the makeup of the coursework and content is also distinct.

  8. Master's vs PhD/Doctorate Degrees

    Difference Between Masters and PhD: An Overview. A master's degree is designed to teach you the knowledge and skills that you will need in your future profession. A PhD or doctorate degree, on the other hand, is designed to develop your critical thinking as well as your analytical and writing skills and is usually a years-long commitment to ...

  9. 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 ...

  10. 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.

  11. The Difference Between a Masters and a Doctorate

    Dual-degree programs (or joint master's and PhD programs) If you decide both degree programs sound right for you, there are some programs that offer the option to pursue both degrees at the same time. A dual degree program allows you to double count your earned credits towards the completion of both degrees.

  12. 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.

  13. Master's and Doctoral Degrees: What's the Difference?

    Other fields do not require advanced degrees for career advancement. In some cases, a master's degree may hold advantages over a doctoral degree. For example, a master's degree in social work (MSW) may be more cost-effective than a doctoral degree, given the time and funds required to earn the degree and the pay differential.

  14. What Is The Difference Between A Masters And A PhD?

    A master's degree is designed to deepen your knowledge in a particular field, building on what you learned during your bachelor's degree. It's about advancing your understanding and enhancing your skills, often with a mix of coursework and research. In contrast, a PhD is centered around original research.

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

    Two of the most popular types of graduate degrees to pursue are a master's degree and a PhD. Understanding the difference between the two and the benefits each degree has can help you choose one that suits your career goals. In this article, we compare PhD vs. master's degrees, discuss the benefits of each, and answer some frequently asked ...

  16. 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.

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

    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.

  18. What Is a Doctorate or a Doctoral Degree?

    A doctoral degree is a graduate-level credential typically granted after multiple years of graduate school, with the time-to-degree varying depending on the type of doctoral program, experts say ...

  19. PhD vs master's degrees (Differences between them)

    A master's degree is quicker to obtain than a PhD. Completing a master's degree programme is significantly shorter than completing a PhD programme, which may be a benefit for some people. Shorter programmes may be more suitable for people who require additional training and certification but want to continue with their careers as soon as possible.

  20. What Is Graduate School? Why Go? Master's and PhDs

    There are, generally speaking, three kinds of graduate degrees offered by graduate schools: the Master of Arts, the Master of Science, and the Doctor of Philosophy (PhD). The MA and MS offer additional schooling in a discipline beyond a bachelor's degree. A PhD is the most advanced degree in a given academic field.

  21. What is the difference between a master's degree and a Ph.D.?

    So a master degree is more about learning stuff you need in order to not lack basis knowledge in your field and the PhD is about knowing how to work with said knowledge. Reply reply. [deleted] •. A Master degree is usually just an additional year or two of education where you take more graduate level classes.

  22. PhD vs MD: What You Need to Know Before Deciding

    Difference Between PhD and MD. Making the difference between PhD and MD degrees requires a closer look at the educational pathways, training and skills acquired, and career opportunities each degree offers. Educational Pathways. The educational path for obtaining a PhD degree is purely academic, mixed with research requirements:

  23. MS vs PhD: Which Psychology Degree Should You Get?

    The MS (Master of Science) in Psychology and the PhD (Doctor of Philosophy) in Psychology are degrees for people interested in advanced study in the discipline. Students obtain a greater understanding of human behavior and how to help others. Degree earners are often interested in careers as therapists, licensed psychologists, researchers, or ...

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    Master's and Ph.D. degrees come under the heading of graduate studies. As mentioned above, a master's degree in psychology typically takes between 2 to 3 years to complete in addition to an undergraduate in the same subject. There are different types of psychology master's degrees with the two most common being a Master's of Art (M.A ...