The Most Popular Graduate Degrees
After graduating from college, one either jumps into their first job (or, given the current state of the economy, another internship or volunteer position) or elects to further expand on their undergraduate education by enrolling in graduate school. The latter option is being selected more and more: According to the annual Survey of Graduate Enrollment and Degrees conducted by the Council of Graduate Schools, the number of applications to grad school has increased by an average of 4.8 percent per year between 1999 and 2009, and shot up 8.3 percent between 2008 and 2009 alone.
Naturally, some graduate programs are going to have more applicants than others and the same CGS study revealed business and education accounted for a combined 51 percent of the total number of master’s degrees awarded in 2009. Other popular graduate degrees included engineering, health sciences, mathematics and computer science, which correlate with the Bureau of Labor Statistics’ list of jobs that will experience the fastest growth between 2008 and 2018:
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Biomedical engineers
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Network systems and data communications analysts
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Home health aides
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Personal and home care aides
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Financial examiners
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Medical scientists, except epidemiologists
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Physician assistants
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Skin care specialists
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Biochemists and biophysicists
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Athletic trainers
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Physical therapist aides
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Dental hygienists
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Veterinary technologists and technicians
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Dental assistants
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Computer software engineers
Though the two most popular programs don’t dominate the list above, earning either a M.Ed or MBA is definitely worth the time. Research by the Graduate Management Admissions Council revealed that students who attend two-year, full-time MBA programs earn an average of 64 percent more than they did pre-MBA (those in part-time programs experienced a 55-percent bump post-graduation). And for molders of young minds, BLS data predict job openings for post-secondary teachers to jump by 257,000 through 2018 and jobs for elementary school teachers to expand by 244,000.