Return on investment of a master's degree
It might be difficult to see how you’ll pay back the cost of your master’s program. But master’s degree graduates often see quick returns on their investment, given enhanced job opportunities after they graduate.
EDHEC creates early relationships between masters students and companies on their masters programs—Jerome Troiano, director of the master’s career centre at EDHEC, says that students are given “invaluable access to companies.”
“We bring companies on campus, foster interactions between students and alumni, have career fairs and webinars,” Jerome adds. “We ensure students engage in fruitful relationships with companies.”
All of this leads to impressive returns—EDHEC Master’s in Management students achieve an average 48% salary increase after their studies, earning $78,607 three years after graduating. For Master of Finance students, the average salary Is $97,331, an increase of 55%.
On these salaries, students can expect to earn back the cost of their tuition fees in less than a year, which means you won’t be carrying around the cost of your program for long.
Aside from financial ROI, it’s also important to consider the relative cost of the skills you’ll be gaining on your Master’s program—especially on a practical course like a Master in Finance.
The Finance Master’s program at EDHEC is taught is collaboration with the CFA Institute, meaning at the end of their one-year program they will have all the skills necessary to sit the CFA Level 1 exam—an achievement that looks great on a resume and gives you the chance to access jobs at a higher level.
Aside from this, soft skills that are tested on all of EDHEC’s Master’s programs ensure that students are ready to work in any industry after graduating. Jerome categorises these skills as co-creation, global awareness, agility, and genuineness.
“Typically, students can access a very broad range of careers and industries,” Jerome says. “You can find EDHEC students and graduates across all industries.”
With all this taken into account, it’s clear that for students who are looking for an intensive foundation in business skills, a master’s degree is a great choice, in spite of the cost. Whether you’re looking for a longer, more intensive Master’s in Management program or a shorter MSc, there are impressive returns on investment to be had—both in terms of skills and salary.
