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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 June 1, 2023.

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.

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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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Land your dream job, the difference between a masters and a doctorate.

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There are a lot of degree types out there. Many fall into one of two camps: doctorates and master’s degrees. Both graduate degrees 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. We’re taking a closer look at the master’s and doctorate degrees to highlight differences and help you determine which might be most useful to you.

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 undergraduate), 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.

Planning on returning to school? Check out our Grad School Resources . And if you’re interested in speaking with an admissions representative, find out which cities near you are hosting an Idealist Grad School Fair this fall.

bachelor masters doctorate 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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The higher education system can be confusing, even for students currently enrolled. Sometimes it seems like a special language was created just for colleges and universities. Learning what each degree option means is a first step in planning your educational future.

Bachelor’s Degree

The most common degree completed in college is the bachelor’s degree. Students entering college usually spend four to five years working on a specific field of study. Most bachelor’s degrees require 120 credit hours. Upon successful completion of all courses and requirements, students will earn an undergraduate or bachelor’s degree. The most common bachelor’s degrees are the B.A. or Bachelor of Arts, the B.F.A. or bachelor of fine arts and the B.S. or Bachelor of Science. A bachelor’s degree is required to pursue a master’s degree.

Degree Completion

Sometimes students have to drop out of college for personal reasons. To assist students who would like to return to finish their undergraduate degree, a special program called degree completion was created. The degree completion program is crafted to accommodate a student who is working or cannot attend full time. Some programs are offered online or are a hybrid of online and on-campus classes. Students who wish to transfer from a community college can apply their earned credits toward a degree completion program.

Master’s Degree

Once you have completed your undergraduate degree, you may be interested in pursuing an advanced degree or a master’s degree. A master’s degree is also referred to as a graduate degree. Pursuing a master’s degree is a way to specialize in a particular area of study and usually requires one or two additional years of school. The most prevalent degree titles include the M.A. or Master of Arts, M.B.A. or Master of Business Administration and M.S. or Master of Science. In 2009, the U.S. Census Bureau reported that 15 percent of the U.S. population holds an advanced degree, including a masters, doctorate, law or medical diplomas.

Doctoral Degree

A doctoral degree is also knows as a terminal degree because it is the highest level of education that can be attained. The two types of doctorates awarded are the Doctor of Philosophy or Ph.D. and the Doctor of Education or Ed.D. The Ph.D. is designed for students interested in conducting research and teaching at a college level. Students with this degree often work in higher education or other scholarly fields. Students who are interested in serving as leaders in their fields or as expert practitioners typically pursue an Ed.D. Students pursuing a doctoral degree will usually be expected to spend a minimum of three years as a full-time student.

  • Bachelors Degree: Bachelors Degree

Dr. Kelly S. Meier is a professor and college administrator for a large public institution in Minnesota. She received her undergraduate degree from Western Illinois University and her master's degree and doctorate from Minnesota State University, Mankato. She has published more than 15 books on education, group development and diversity.

What Does BA, MA & PhD Mean in Degrees?

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Master’s vs PhD/Doctorate Degrees – Key Differences

bachelor masters doctorate 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

Master’s or doctorate: which should you choose, 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.

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:

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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Graphic of Balancing Master’s vs PhD

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.

Quick Guide: Your College Degree Options

There are generally four categories of college degrees: associate degree, bachelor’s degree, graduate degree, and doctorate or professional degree. Each category comes with its own particular subcategories, and there are some subtle differences between a doctorate and a professional degree.

If you ever find yourself lost in the sea of abbreviations for degrees, you're not alone. This quick guide is here to clear the air regarding the types of degrees available to you and what each one means.

Guide to College Degrees, Professional Studies & Certifications

Associate degree.

An associate degree is a two-year degree typically offered at community colleges, technical colleges, and career colleges. However, some four-year universities offer them as well. Examples of some associate degrees include Associate of Arts (AA) and Associate of Science (AS).

AS degrees are generally more narrowly focused and prepare students for science and math-related careers. AA degrees are broader and focus on fields outside of math and science such as liberal arts, business administration, criminal justice, and culinary arts.

Some students who earn an associate degree transfer to a four-year program to earn a bachelor’s degree. Others complete associate degrees and then go straight to work.

Bachelor's or Baccalaureate Degree

Bachelor’s degrees require students to complete four- or five-year programs in a specific academic discipline. The two most common types of bachelor’s degrees are bachelor of arts (BA) and bachelor of science (BS). Other types of bachelor’s degrees include the bachelor of fine arts (BFA), and bachelor of architecture (BArch).

Because bachelor’s degrees train students to enter a specific field, many professional careers require them. Earning a bachelor’s degree can open the door to many job opportunities and increase your potential income.

Some institutions offer a liberal arts and career combination program, also called a 3-2 program. This is a type of dual degree in which a student completes three years of liberal arts study followed by two years of professional or technical study. In the end, students earn two bachelor’s degrees, usually a BA and a BS.

An example of this is Columbia University’s 3-2 Combined Plan program in which students can earn a BA and a BS in five years.

Some colleges also let you earn a teacher certification by combining bachelor's degree study with state certification requirements. State requirements vary, but these programs usually feature professional education courses, including student teaching.

Graduate Degree

Graduate degrees are advanced degrees that some students pursue after earning a bachelor’s degree. The two most common are master of arts (MA) and master of science (MS). Other examples include master of fine arts (MFA) and master of business administration (MBA). A graduate degree is like an extension of a bachelor’s degree whereby a student further enriches their knowledge of their field and narrows their f ocus of study .

Graduate degrees usually take around two years to attain, but this can vary based on the degree. Many institutions allow students to enroll in a graduate program in a field unrelated to their bachelor’s degree. This may require some extra credit hours, though.

Professional Degree

Students earn professional degrees to become licensed to work in professions like medicine or law. The M.D. degree is an example. Professional programs generally require a college degree before you start them and then at least three years of study to complete.

Doctoral Degree and Professional Degree

The doctorate and professional degrees are the highest levels of education one can attain. They signify mastery of a subject and often come with the coveted title “doctor.” Although the two are similar, there are some important differences.

A doctorate or doctoral degree is a research-oriented degree focused on scholarly development. The most common doctorate is the Doctor of Philosophy (PhD). Despite the name, a PhD covers many disciplines, not just philosophy.

A professional degree is an application-oriented degree, meaning it prepares students for a specific working position. There are many types of professional degrees. Some examples are: doctor of medicine (MD), doctor of pharmacy (PharmD), and doctor of medicine in dentistry (DMD) in the field of medicine, and juris doctor (JD) and doctor of juridical science (SJD) in the field of law.

A graduate degree does not need to precede a doctorate or professional degree. Often, students will go straight into a doctorate or professional program following their bachelor’s, however some programs will require a master’s degree to gain entry. Completion can take anywhere from four to eight years, depending on the field of study.

Many doctoral students work either full-time or part-time while they study in the program. This, along with the field they are studying, will significantly affect the time it takes to complete their degree.

Joint Degrees

Some students may choose to pursue a joint degree, also known as a dual degree, which means they simultaneously study for a bachelor’s degree and a graduate degree. Joint degrees can be pursued in the same college or can be split between two different colleges. For example, Berklee College of Music and Harvard University offer a dual bachelor’s/master’s program in which a student receives a bachelor of arts (BA) at Harvard and a master of music (MM) or master of arts (MA) at Berklee.

Depending on the program, it may be possible to study at the same time for a master's degree and a doctorate. For example, the University of Southern California offers a program leading to doctor of pharmacy and master of public health degrees.

How do academic degrees go in order?

There are four types of degrees. In order of level of education, they rank as associate degree, bachelor’s degree, master’s or graduate degrees, and doctorate or professional degrees.

How many degrees are there in college?

Most community colleges offer only two-year associate degrees, while most four-year colleges offer bachelor’s, graduate, and doctorate or professional degrees. Some four-year colleges may also have associate degree programs.

How many years do you have to be in college to achieve certain degrees?

Though it will vary between academic disciplines, associate degrees usually take two years to achieve, bachelor’s degrees take four years, master’s degrees take two years, and doctorate or professional degrees can take anywhere from four to eight years.

What is an eight-year degree?

An “eight-year degree” typically refers to a doctorate degree or PhD. Although some doctorates can be completed in as little as three years, these degrees typically require more time studying highly specialized subjects. Students in these programs often must defend a dissertation while already working a professional job.

What are the four years of college called?

The first four years of college are the undergraduate years, and a student studying for a bachelor’s degree is called an undergraduate. The four years refer to the total accumulated credit hours; a student may take fewer or more than four years to attain their undergraduate degree.

What does a graduate degree mean?

A graduate degree or master’s degree is an advanced degree that some students pursue after earning a bachelor’s degree. Earning a graduate degree signifies mastery of a particular field of study and focuses more intensely on a subject than a bachelor’s degree does. Graduate degrees usually take two years to attain.

What do you call a master's student?

A master's student is called a graduate student or “grad student” for short. A student still studying for a bachelor’s degree is called an undergraduate student or “undergrad student.”

How many years is a master's degree?

Graduate degrees usually take around two years to attain, but this can vary based on the degree. Many institutions allow students to enroll in a graduate program in a field unrelated to their bachelor’s degree, although it may require some extra credit hours.

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Master’s vs PhD — These are the Main Differences

Updated: July 18, 2022

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.

bachelor masters doctorate 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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bachelor masters doctorate 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.  

bachelor masters doctorate phd

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bachelor masters doctorate phd

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Bachelors vs Masters vs PhD – Explained in Pictures

Ever wondered what is the difference between Bachelors vs Masters vs PhD?

This the the Best damn good explanation of What is PhD and while explaining that, you will know the difference in Bachelors vs Masters vs PhD. I have I have come across.

Bachelors vs Masters vs PhD

What is PhD

With a bachelor’s degree, you gain a specialty:

WhatisPhD4

A master’s degree deepens that specialty:

Bachelors vs Masters vs PhD

Reading research papers takes you to the edge of human knowledge:

Bachelors vs Masters vs PhD

Once you’re at the boundary, you focus:

WhatisPhD7

You push at the boundary for a few years:

WhatisPhD8

Until one day, the boundary gives way:

WhatisPhD9

Of course, the world looks different to you now:

WhatisPhD11

So, don’t forget the bigger picture:

WhatisPhD12

Now you know “ What is PhD ” and understood the major difference between Bachelors vs Masters vs PhD.

Are you ready to push the boundaries of human knowledge?

You might be undecided about studying PhD. Maybe this article inspired you to push the knowledge boundary.

If not read the following 2 articles.

  • 5 Years, 20 Countries and 25 Universities to get into PhD
  • Internship at Large Hadron Collider, PhD and Researcher in US Army

Next, you have to understand timeline and steps to get a PhD degree .

Remember – You need passion and time commitment to do PhD. Don’t apply for PhD because you can earn more money.

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40 Comments

Well put and easy to understand and above all challenging.

The teaching of linear thinking as we have seen for centuries focusing in on one item of interest while many topics of research are related. In order for a person to find solutions to problems understanding matrices of related subjects leads to many doors of possibilities to finding solutions instead of satisfying a theory. Great diagram. While you see a circle, we should be visualising a globe. Life is not flat! Thinking should not be shallow nor linear.

When one takes a phd one wants to laser focus that research topic.

I’m just a 12 year old ensuring my future by knowing all of these stuff before I need to know it

I m pursuing 2 yr MBBS and i want to know whether to focus on csir ugc net for doing PhD or ms or MD which one has a good payscale

hiii every one i completed my btech in 2011 with 59.09% for these completing i spend 6 years 5months to complete it … … After that i started Mtech with in 2 years i have completed and i have a 3. 4 years of experience as a developer ….. now i want to do job in USA what was salary i can get for this profile …….. OR i need to study MS

Do you have the talent with the Node.js and the Mongo DB? Is you have proven track record of doing needful? Do you have doctorate?

Very good example, made me think better of where I need to be.

This is brilliant! To its creators and the admins of this website…thank you! 🙂

remember, even PhD, its look like an acne from a knowledge face

Sorry. I would have to disagree. I only have my masters. But I have encountered so many doctorate individuals who know far less than me. Sorry to disappoint you and contradict your article.

I think the big differnce, is that with masters you’ll only know more and more about more topics but not further than the human knowledge at the time. A PHD will mark you as someone that introduced something new to human knowledge that didn’t exist before, and that doesn’t imply the person knowing more or less, but that they pushed those boundaries.

does buisness schools accept GRE scores?what if i give GRE and then apply in the universities?any possibility?

Yes! Business schools do accept GRE scores. Here is the current list of business schools accepting official GRE scores for MBA admissions. Have a look. http://www.ets.org/gre/revised_general/about/mba/programs

I always thought it was “BS” for “Bull Shit”, “MS” for “More Shit” and “PhD” for “Piled Higher and Deeper”. Ah well…learn something new every day….

hi…. i am presently doing m.tech in gitam university. b.tech-74.21 m.tech-9(cgpa) up to first year i am taking gre on october… i dont have publications is there any chance to get the phd admission or can i apply for ms program only… help me

im get ready to do for phd in abroad. so what is essential factors my btech 58% and mtech 72%

Accurate admission requirements are to be found on university websites, not on public forums such as these. If you can’t find it, contact the admissions department of the university you want to apply to. Masters degrees are not always a requirement for PhD programmes, but sometimes they are.

Essential factors for PhD admissions: Again, check the websites. Research skills, vision and motivation are really important. You’ll need a research proposal.

Hi Krishna!

It’s good to hear that you are interested to pursue Ph.D program. In vast majority of cases, prior academic publications are not required for Ph.D admissions in case if you are applying for Ph.D programs after completing of masters or bachelors degree program. Although after joining in Ph.D program, a student produces ‘n’ number of academic publications. So producing a publication prior to Ph.D admission is not so mandatory.

I am working as asst professor in engineering college of india.

hello, I am working as asst. professor chemical engineering, want to do PhD in chemical engineering field , how would i get admission in UK/USA universities and what is the chances to get admission there and how much investment I need ? Please give full information regarding it.

Full information is generally available on the websites of the specific universities. Admissions requirements, application processes and programme cost (I assume this is what you mean by “investment”) are all found on the websites of the respective universities. Chances of admission vary from university to university and not all universities put those statistics on their website, but if you put in some effort to go looking for it yourself, I think you should be able to find it.

I have 16+ Years and completed my DECE in 97, Btech (CMJU) in 2012 and Masters (Middlesex,UK) in 2013. I am looking for Phd opportunities in US for telecom field.

Can you provide me some details of the good consultants in India who is good in helping such cases. Also what are all the other preparation I should take care.

Hello,is medical degree a bsc or masters?thanks

Neither. BSc is bachelor of science. Medical degrees are bachelor of medicine and surgery (MBBS, MBChB, BMBS, MBBCh etc depending on how you abbreviate Medicinae Baccalaureus, Baccalaureus Chirurgiae). You generally carry the title of “doctor” afterwards, though, even without a PhD.

this one some what explainable…but good.

Thank you.. Raghu ram. This info has helped me allot to know about ph.d in Abroad..

I like to read more about it.

This is a most innovative way to describe “what is PhD ?” and I am indeed lucky to be associated with Dr. Matt Might.

I am working as Asst Prof. In India with Highest qualification of Masters in Engineering. Masters in engineering is the course which does not belive only on semester patern but gives lot of exposour to research work. Now I am very interested doing research in the domain of Image Processing . What are the different job aportunities ( Excluding Education Industries) after PhD form USA in Computer Engineering ( specifically in Image Processing Domain) u can suggest???

You will find most of the opportunities in research laboratories. After completing a doctoral program, it is very obvious that you would be involved in full time research. In fact many students go ahead for a post doctoral program as well and take up teaching jobs at the respective Universities.

I am working as Asst Prof. In India with Highest qualification of Masters in Engineering. Masters in engineering is the course which does not belive only on semester patern but gives lot of exposour to research work. Now I am very interested doing research in the domain of Image Processing . What are the different job aportunities ( Excluding Education Industries) after PhD in Computer Engineering ( specifically in Image Processing Domain) u can suggest???

very interesting and so true! !!

A nice explanation… Cleared all doubts…

This is one of the best way to visually understand the difference between BS, MS and PhD.

well, tat was Awesome !!

Amazing post! I don’t know like such a supportive and motivational article in my life.

Amazing post! Even though I don’t think I will pursue a Ph.D. , I really want to come close to making that dent in my life.

WOW, this is an amazing and innovative way HSB. The post deserves more comments and appreciation. Keep it up 🙂

Very nice I hope to read more like this.

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How Long Does It Take To Get a PhD?

A PhD program typically takes four to seven years, but a variety of factors can impact that timeline.

[Featured Image] A woman in a library is holding a pen to her temple and looking at her laptop.

A PhD , or doctorate degree , is the highest degree you can earn in certain disciplines, such as psychology, engineering, education, and mathematics. As a result, it often takes longer to earn than it does for a bachelor’s or master’s degree.

While many PhD programs are designed to be finished in four or five years, the average completion time is much longer when you factor in the time it takes to research and write a dissertation. In 2020, for example, doctoral students took between six and twelve years to complete their PhDs [ 1 ]. By comparison, you can complete a master's degree in one to three years.

In this article, we'll explore the requirements of a PhD, what often ends up adding to the length of time, and important factors you should consider when deciding whether it’s the right choice for you.

PhD requirements + general timeline

Doctoral programs typically require PhD candidates to take take advanced courses, pass a comprehensive exam (sometimes called "comps"), and produce an original body of research, such as a dissertation, to obtain the degree. In some cases, you may also be expected to fulfill a teaching assistantship or research assistantship, both of which are meant to prepare you for a career in academia or research.

PhD requirements

The precise requirements you'll need to complete in order to get your PhD vary from one program to another, but some common tasks include:

Advanced coursework: Graduate-level coursework that explores a number of advanced sub-topics related to your field

Comprehensive exam: An exam that requires you to show knowledge of your field, such as its history, important figures, major theories or research, and more

Dissertation: An original body of research you contribute to your field

PhD timeline

The specifics of a PhD program vary by college and university, but the following estimates give you an idea of what to expect during your time in graduate school:

Year 1: Complete advanced coursework.

Year 2: Complete advanced coursework and begin preparing for your comprehensive exams.

Year 3: Study, take, and defend your comprehensive exams. Begin researching your dissertation proposal.

Year 4: Submit your dissertation proposal to your committee chair, and, once approved, begin working on your dissertation.

Year 5: Finish writing your dissertation and submit for committee approval. Defend your dissertation and apply for graduation.

Note that while this timeline gives a general timeline of how long it will take to complete a PhD program, it's very common for candidates to take more than one year to research and compose their dissertation.

Read more: Should You Go Back to School? 7 Things to Consider

PhD timelines by focus

Some PhD programs take longer to complete than others. For example, earning a doctorate in a science and engineering field typically takes less time than earning a doctorate in the arts or humanities, according to data from the National Center for Science and Engineering Statistics (NCSES) [ 1 ]. The list below shows the median length of time it took doctorate students to earn their degree in 2020:

Physical and Earth Sciences: 6.3 

Engineering: 6.8 years

Life sciences: 6.9 years

Mathematics and computer science: 7 years

Psychology and Social Sciences: 7.9 years

Humanities and arts: 9.6 years

Education: 12 years

Learn more: What Is a Terminal Degree and Do I Need One?

Why does it take so long to complete a PhD?

There are a few reasons why it takes more time to complete a PhD compared to other advanced degrees.

1. Dissertations

Once a doctoral student has successfully passed their comps, they are considered “All But Dissertation” or “ABD.” Yet, the number of students who successfully complete their PhD program remains low—estimates show that nearly 50 percent of students drop out, often after reaching the dissertation phase [ 2 ].

The dissertation phase can often take much longer to complete than the other requirements of a PhD. Researching and writing a dissertation takes significant time because students are expected to make an original and notable contribution to their field.

2. Assistantship obligations

Teaching and research assistantships are beneficial because they can help pay for a PhD program, but they may also take time away from working on your dissertation. Some students are expected to teach at least one class per semester on top of their other obligations as graduate students.

For universities that reduce the teaching or research load that students have as part of their assistantship, times to completion tend to improve. Humanities students at Princeton University began finishing their degree in 6.4 years (compared to 7.5 years) thanks to the institution's financial support and the reduced number of classes students taught [ 3 ].

3. Other responsibilities

Doctoral students tend to be older. Graduate students pursuing a PhD in science or engineering were an average of 31.6 years old by the time they earned their degree in 2016, according to the National Science Foundation [ 4 ]. In effect, some PhD students may have competing obligations, such as family. If a student’s funding has run out, and they have to find full-time work, it also may affect the time they can dedicate to writing their dissertation.

Is a PhD right for you?

People pursue PhDs for various reasons: Some want a job that requires the degree, such as teaching at a university, while others want the challenges or intellectual engagement that a graduate program offers. Identifying why you want to earn a PhD can help indicate whether it’s your best choice.

If your career aspirations don't require a PhD, it might be better to focus on gaining professional experience. Or if you're interested in an advanced education, a master's degree may be a better option. It takes less time to complete than a PhD and can lead to more career opportunities and larger salaries than a bachelor's degree.

Learn more: Is a Master’s Degree Worth It?

Benefits of a PhD

The primary advantage of earning a PhD is your increased demand and marketability in the workforce.

In 2018, less than 5 percent of the United States population had a doctorate degree, compared to about 48 percent with a bachelor's degree and 21 percent with a master's degree, according to the US Census Bureau [ 5 ]. As a member of this elite group, the potential for advanced roles, promotions, or pay raises may be greater.

Even before you have a degree in hand, working toward a PhD gives you opportunities to hone valuable skills , including writing, research, and data analysis . Furthermore, completing a PhD program can demonstrate to potential employers that you have specialized knowledge and the fortitude to finish such an advanced degree.

Costs of a PhD

Beyond the time they take to complete, PhD programs can be expensive. The average cost of a PhD program in the United States is just under $100,000. At some schools, the cost of a PhD can even exceed $200,000 [ 6 ]. While many institutions offer funding support in the form of assistantships or scholarships, many PhD students still graduate with student loan debt. In 2023, the average student loan debt for PhD was $134,797 [ 7 ].

Another factor to consider is the loss of income you might incur while you're working toward your degree. Some graduate students accept teaching or research assistantships to help fund the cost of their program, but these may not pay as much as full-time positions. Working on your education may also mean pausing the professional experience you’d gain in the workforce—and potentially losing out on promotions and raises. However, it’s worth noting that graduate degree holders earn much more over the course of their lifetime than bachelor’s degree holders, according to the US Social Security Administration [ 8 ].

Read more: How to Pay for Graduate School: 8 Ways

Set yourself up for success

A PhD is a major accomplishment. As you think about your long-term goals and whether a PhD will help you achieve them, it's important to understand ways you can set yourself up for success. According to the University of Georgia, success in a PhD program often means [ 9 ]:

Understanding the demands and expectations of the program

Receiving adequate program orientation

Getting support from peers and faculty

Feeling a sense of belonging as a member of an academic community

These conditions underscore the importance of choosing the right program and school to fit your personal and professional goals. Take time to research the ways your potential institution offers financial support, mental health support, and career placement support, among other program features.

An advanced degree can be a lucrative credential. You can earn your master’s in a number of in-demand fields from top universities on Coursera. Earn a degree in computer science , business , management , or public health , all while enjoying greater flexibility than an in-person degree program tends to offer. Earning your master's can also help you discern whether a PhD makes sense for your larger objectives.

Article sources

Survey of Earned Doctorates. " Path to the doctorate , https://ncses.nsf.gov/pubs/nsf22300/report/path-to-the-doctorate." Accessed January 30, 2024.

International Journal of Higher Education. “ Who Are the Doctoral Students Who Drop Out? , https://files.eric.ed.gov/fulltext/EJ1188721.pdf.” Accessed January 30, 2024.

The New York Times. " Exploring Ways to Shorten the Ascent to a PhD , https://www.nytimes.com/2007/10/03/education/03education.html." Accessed January 30, 2024.

National Science Foundation. " Science and Engineering Doctorates , https://www.nsf.gov/statistics/2018/nsf18304/report/age-at-doctorate-award-what-are-the-overall-trends-and-characteristics/characteristics-of-doctorate-recipients-sex.cfm." Accessed January 30, 2024.

US Census Bureau. " About 13.1 Percent Have a Master’s, Professional Degree or Doctorate , https://www.census.gov/library/stories/2019/02/number-of-people-with-masters-and-phd-degrees-double-since-2000.html." Accessed January 30, 2024.

Education Data Initiative. " Average Cost of a Doctorate Degree , https://educationdata.org/average-cost-of-a-doctorate-degree." Accessed January 30, 2024.

Education Data Initiative. " Average Graduate Student Loan Debt , https://educationdata.org/average-graduate-student-loan-debt." Accessed January 30, 2024.

Social Security Administration. " Education and Lifetime Earnings , https://www.ssa.gov/policy/docs/research-summaries/education-earnings.html." Accessed January 30, 2024.

 A Data-Driven Approach to Improving Doctoral Completion. " Chapter 2: Description of Projects , https://cgsnet.org/cgs-occasional-paper-series/university-georgia/chapter-2." Accessed January 30, 2024.

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Doctorate in Psychology (Ph.D. and Psy.D.) Program Guide

Psychology.org Staff

Contributing Writer

Learn about our editorial process .

Updated December 20, 2023

Reviewed by

Tracey Burrell

Contributing Reviewer

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Are you ready to discover your college program?

The American Psychological Association (APA) recognizes three distinct categories of doctoral programs : clinical, counseling, and school psychology.

Clinical psychology emphasizes compiling and analyzing research data about people, while counseling psychology students focus more on treating mental and emotional health issues.

School psychology programs explore issues surrounding child and adolescent mental development.

Students interested in teaching or research roles can earn a Ph.D. in psychology, while candidates planning to go into private practice or work with patients may pursue a Psy.D.

This page covers everything you need to know about pursuing a Ph.D. in psychology. Learn how to choose the right school and degree program.

Pros and Cons of Earning a Doctorate in Psychology

Earning a Psy.D. or a Ph.D. in psychology is a significant investment of time and money, and while psychologists earn above-average salaries, other fields such as medicine, law, finance, and engineering often pay more for the same level of education.

However, psychology often offers more work-life balance than these fields, and many psychologists find it a uniquely fulfilling career.

It Takes Longer to Earn a Doctorate Degree in Psychology

Most doctoral degree in psychology programs can be completed in four to seven years. This, of course, is the longest possible amount of time a psychology professional can expect to spend on their schooling.

The time commitment requires a student's full attention, which makes some students move straight from their bachelor's in psychology to their Ph.D. in psychology.

Earning a doctorate in psychology and qualifying for a state license is the only way to become a licensed psychologist. The demand for psychologists is high in most parts of the country, and once you are licensed, you can practice independently. However, if you enjoy collaborating with other professionals, you can work in a hospital, as part of a joint practice, or in other group settings.

At times, it can be very hard for Ph.D. in psychology students to juggle work, internships, clinical training and psychology studies. What's more, almost all Ph.D. in psychology candidates go on to continue their research and training for one to two years after graduation; these externships and practical experiences must be present in order to qualify most Ph.D.s for work.

Once Graduated with a Ph.D. in Psychology, You Enter the Workforce as an Authority in the Field

Part of enrolling and earning a doctoral degree in psychology is making the time and the connections that will allow students to gain intensive practical experience after graduation.

Employers often prefer Ph.D. in psychology candidates with some experience to master's degree in psychology candidates who may have more hands-on skills.

Some evidence suggests that Ph.D. in psychology candidates can oversaturate a market. In these cases, employers may be inclined to hire a candidate with more life experience (such as a master's degree) and lesser academic credentials.

The Doctorate Degree in Psychology is Versatile

Because a Ph.D. in psychology is a terminal credential for the majority of occupational psychologists, earning a doctoral degree in psychology in this broad field can offer candidates a certain amount of flexibility when searching for a career.

For example, while there may not be many opportunities in a graduate's chosen field right away, a doctoral in psychology is an excellent credential for those who may be interested in teaching at the college or university level.

Only graduates with a Psy.D. or a Ph.D. in psychology can become licensed psychologists (except for school psychologists ). Similarly, if you want to become a professor of psychology in most colleges or universities, you will need to graduate from an accredited doctorate in psychology program. The APA does not accredit online programs.

Because a psychology Ph.D. or Psy.D. is the terminal degree in psychology, those with a doctorate in psychology are considered more authoritative in jobs such as consulting, government or nonprofit work, or publishing.

Psychology Ph.D. programs are long and hard work, and even when you graduate you must work under the supervision of a licensed psychologist before you can work independently.

While many students work while earning their Psy.D. or Ph.D. in psychology, they are often not yet earning at their full potential and graduate with student loans .

One of the core parts of any doctorate in psychology is conducting original research, which requires years of focus on a single project. Students in psychology Ph.D. programs who do not enjoy the research process may find this very draining.

A Doctoral Degree Offers a High Return on Investment

Because of the high demand for the position and the time and cost psychology Psy.D. or Ph.D. programs involve, psychologist salaries are well above the national average.

Psychologists often earn a median salary over $85,000 annually, according to the U.S. Bureau of Labor Statistics (BLS). The median BLS salary for psychologists include both graduate and undergraduate level occupations. According to Payscale , of the 26 people reporting in September 2023, the average salary for graduates with a Ph.D. in psychology is $97,000.

September Payscale data for 2023 reports the average salary for graduates with a Psy.D. as $92,000.

This is considerably higher than the 2022 national median salary of $46,310, and for many psychologists, the financial and emotional rewards justify the cost and time spent in a doctorate of psychology program.

While only those with a Psy.D. or Ph.D. in psychology can become licensed psychologists, other careers, such as law, medicine, engineering, or finance often offer much higher salaries for programs that take as much time or less than a psychology Ph.D. program.

Some high-paying psychology careers, such as industrial-organizational psychologists, may require just a master's degree.

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What Are The Admission Requirements for Psychology Ph.D. and Psy.D Programs?

Psychology Ph.D. programs require a master's in psychology from an accredited program or an equivalent mix of education and experience. Many will accept students with a master's in a related field or a bachelor's degree with work experience.

Students seeking a Ph.D. in psychology often need to demonstrate knowledge of psychology research, while students applying for a Psy.D. program need to show even more extensive research skills or aptitude.

  • Minimum Education Level : Master's degree, although a bachelor's with work experience is often also acceptable
  • Writing Sample : Transcripts from all undergraduate and graduate institutions attended, usually with a minimum 3.0 GPA
  • Transcripts : 3-5 letters
  • Standardized Tests : Personal statement of intent; previous academic research papers
  • Recommendations : GRE
  • Additional Required Materials : Immunization records; interviews; comprehensive qualifying exam; health insurance

How Can I Guarantee My Acceptance Into a Doctorate Degree in Psychology Program?

While there is no way to guarantee acceptance into a psychology Ph.D. or Psy.D. program, you can improve your chances through your classes, work, community engagement, professional development, and networking. The more you can show that you have strong professional ethics and are likely to succeed in research and as a professional psychologist, the better.

  • The most important thing an applicant can do to increase their chances of being accepted into a doctorate degree in psychology program is participate in research. Clinical trials and data analysis are some of the most vital components of a psychology career. Psychologists focus as much on mental and behavioral health as they do studying and understanding human behavior.
  • Completing relevant internships and practicums demonstrates a commitment to independent research and looks great on a doctoral degree in psychology application.
  • Prospective Ph.D. in psychology candidates can increase their chance of acceptance by cultivating professional relationships with a community of peers. Many do so by joining alumni associations, reaching out to colleagues on LinkedIn, and participating in professional organizations.
  • Subscribing to pertinent magazines, forums and workshops that are popular among others in the field. The Association of State and Provincial Psychology Boards (ASPPB) is a good source for information on this topic.

Should I Get a Ph.D. or a Psy.D.?

The Ph.D. and Psy.D. degrees differ in a variety of ways . Students should consider each option carefully before choosing a program.

Ph.D. in psychology programs take between five to seven years to complete, and often include one year-long internship. These programs sometimes admit fewer students, as they tend to offer more funding opportunities.

Ph.D. programs place a stronger emphasis on research, including more coursework in research methods and statistics, and more research-based opportunities during the program. Graduates may pursue careers in research or academia.

The Psy.D. is a doctor of psychology degree instead of a doctor of philosophy degree. Psy.D. programs take between four and five years to complete, including an internship year. These programs are tailored more towards clinical practice, placing less of an emphasis on research. This track may particularly benefit students who wish to work directly with clients in clinical settings.

Both degrees prepare candidates to seek licensure as clinical psychologists. However, Ph.D. programs may best suit individuals who wish to conduct research or teach in colleges and universities after graduating.

What Should I Expect From a Doctorate Degree in Psychology Program?

Degree completion specifics.

  • Number of Required Credits: 60-125
  • Typical Length of Program: 5-7 years
  • Culminating Experience Project/Paper/Exam: Yes
  • Practicums/Internships: Yes

Core Concepts

While you will expand your skills in each of these areas while earning your psychology Ph.D., programs expect you to have a solid understanding of these areas from your previous education and work or fieldwork experience.

Developmental Psychology

This topic explores the biological, intellectual, and cognitive foundations of behavior.

Assessment, Statistics and Research Techniques

Research is a major component of psychology. Students pursuing a Ph.D. in psychology should know how to effectively and efficiently gather pertinent information.

Multicultural Consistencies

These studies explore some commonly addressed issues for people of all ages, ethnicities, and socioeconomic circumstances.

Dissertation Research

Almost every Ph.D. and Psy.D. in psychology program requires candidates to create and present a dissertation. Many courses prepare students to create, catalog, and share this vital work.

Ethics and Legal Issues in Psychology

More detailed than bachelor's or master's coursework in the same vein, Ph.D. in psychology students explore the important legal responsibilities and concerns commonly associated with their particular field of study.

Concentrations

Doctorate psychology students often concentrate their studies in a particular clinical or academic discipline. Immersion in these topics solidifies existing knowledge and offers the chance to work side-by-side with other psychology professionals in the candidate's area of interest. Some popular concentrations include:

Behavioral Neuroscience

This subfield explores how human brain systems engage in perception, human error, decision-making, movement, and cognition.

Clinical Psychology

Students gather the data necessary to understand emotional, cognitive, behavioral, and interpersonal functions in adults and children.

Abnormal Psychological Disorders

In this subfield, students learn to evaluate, manage, and offer empathetic care to people living with ongoing psychological disorders and trauma.

Human Growth and Development

This research track investigates how the human mind evolves and devolves across the lifespan, paying special attention to behaviors, aptitudes, and at-risk behaviors.

Developmental

This focus area is ideal for those who wish to learn skills of value in careers such as teaching, intervention, and research. A developmental psychology specialty explores cognitive/socio-emotional development and developmental psychopathology.

What Kinds of Psychology Careers Can I Pursue With a Doctorate Degree in Psychology?

Most graduates from psychology Psy.D. or Ph.D. programs work as licensed psychologists or in academic settings as researchers and professors. However, there are other careers available in government or corporate roles, or as a consultant.

Psy.D and Ph.D. Career Options

Clinical psychologist.

Clinical psychologists diagnose patients and prescribe treatment for psychological disorders. They often specialize in a particular approach such as cognitive-behavioral therapy or behavioral therapy, or in a particular type of patient or condition, such as adolescents or eating disorders.

They differ from counseling psychologists, who emphasize helping patients with specific issues rather than a disorder. The average annual salary, according to the BLS , is $102,740.

Industrial-Organizational Psychologist

Industrial-organizational psychologists or human resource managers apply psychology to improve organizational performance in corporations. They provide guidance on organizational culture, leadership development, motivation, and other issues related to productivity. This is one of the higher-paid specialties, according to the BLS , with an average annual salary of $144,610.

Postsecondary Clinical Psychology Educator

Postsecondary clinical psychology educators include college and university professors and other faculty and staff. While the BLS-reported annual salary of $88,470 is lower than other specialties, many professors are eligible for tenure. Administrations expect educators to both teach and publish; the balance will vary by school and position.

Forensic Psychologist

Forensic psychologists work in the legal or justice system in a number of roles. They may work as part of criminal investigative teams, as consultants for criminal law firms, or as part of the correctional system. While many are licensed psychologists, some have a master's rather than a psychology doctorate. The annual salary, according to September 2023 Payscale data , is $72,420.

Educational Psychologist

Educational psychologists apply psychology to improve school and educational performance. School psychologists primarily work with students and families, while educational psychologists focus more on improving the schools' and teachers' overall teaching capacity. According to the BLS , the average annual salary is $87,550.

Research Psychologist

Research psychologists conduct psychological research in corporate, nonprofit, or government research settings. Their work may include user experience design, nonprofit or government program monitoring and evaluation, or research on ways to improve military performance and morale. According to Salary.com , the average annual salary is $79,450.

Frequently Asked Questions About Doctoral Programs in Psychology

Can you prescribe medicine with a ph.d. in psychology.

While some states allow licensed psychologists to prescribe certain medications, psychologists do not have the same prescribing authority that doctors, psychiatrists, or advanced practice nurses have.

Can you get a Ph.D. in psychology without a master's?

In many cases, you do not need to hold a master's for admission to a Ph.D. program in psychology. Many programs accept candidates who hold a bachelor's in the field. Some may require work or internship experience in addition to a bachelor's degree, but this varies from program to program.

Can you get a Ph.D. in psychology online?

Yes! A variety of fully online psychology Ph.D. programs allow students to earn their degree anywhere, at any time. While these programs occasionally take longer to complete than the standard four-year timeline for full-time, full-residency programs, actual program lengths vary. Note that the APA does not accredit online-only programs.

Why get a doctorate in psychology?

Professionals in all states must hold either a Ph.D. or Psy.D. to obtain licensure and practice as a psychologist. A doctorate in psychology prepares candidates for clinical practice, and for more advanced roles in the field. Those with a Ph.D. also tend to earn more than those with a master's degree.

How competitive are Ph.D. and Psy.D. programs?

Doctoral programs in psychology tend to hold high admissions standards, making them very competitive. On-campus programs may be even harder to get into, as they sometimes offer competitive funding and assistantship positions. Applicants should demonstrate a strong academic record with a high GPA.

What's the difference between a Ph.D. in psychology vs. a Ph.D. in clinical psychology?

Ph.D. programs in psychology tend to place a stronger emphasis on research, and often include more courses in research methods and statistics. Psy.D. programs emphasize clinical practice, and are best suited for individuals seeking more clinical experience.

Page last reviewed November 7, 2022. This page's information — not including school descriptions — was reviewed by an independent third party compensated for their time by Psychology.org.

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  • Number of People With Master’s and Doctoral Degrees Doubles Since 2000

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About 13.1 Percent Have a Master’s, Professional Degree or Doctorate

The educational level of American adults is on the rise as more college graduates go on to earn master’s, professional and doctoral degrees.

Since 2000, the number of people age 25 and over whose highest degree was a master’s has doubled to 21 million. The number of doctoral degree holders has more than doubled to 4.5 million.

Now, about 13.1 percent of U.S. adults have an advanced degree, up from 8.6 percent in 2000.

bachelor masters doctorate phd

These findings come from the U.S. Census Bureau’s Educational Attainment in the United States: 2018 table package that uses data from the Current Population Survey Annual Social and Economic Supplement .

It examines the educational attainment of adults age 25 and older by demographic and social characteristics, such as age, sex, race and Hispanic origin, nativity and disability status.

In 2017, on average a person with an advanced degree earned 3.7 times as much as a high school dropout.

The tables show, among other things, that women make up a smaller share of high school dropouts than men, the share of Asians with advanced degrees is growing and that recent immigrants are more likely to go to college than earlier immigrants or native-born.

They also clearly show a rise in the number of college graduates who have advanced degrees. In 2000, one-third of people with at least a bachelor’s degree had completed an advanced degree. By 2018, 37 percent had done so.

Some Highlights

  • The percentage of people age 25 and over who had completed less than a high school diploma or equivalent was higher for men (10.6 percent) than for women (9.8 percent).
  • Between 2000 and 2018, the percentage of people 25 years and older who had completed a bachelor's degree or higher increased by 9 percentage points, from 25.6 percent to 35.0 percent.
  • Among Asians ages 25 to 29 in 2018, almost 7 in 10 (69.5 percent) had a bachelor’s or higher degree. Five years earlier (in 2013), the bachelor’s degree attainment rate for this group was 59 percent.
  • Recent immigrants to the United States were more likely to have a college education than earlier immigrants or the native born. 

Among immigrants who have arrived since 2000, 38.8 percent have a bachelor’s degree or higher, compared with 35.2 percent of the native-born. Among earlier immigrants, the rate of college education was lower — for those who arrived in the 1990s, it was 31.3 percent.

  • Naturalized citizens were among the groups with high levels of college attainment — 38.4 percent had a bachelor’s degree or higher.

The children of immigrants were also likely to have a bachelor’s degree (39.6 percent).

bachelor masters doctorate phd

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Home  /  News  /  Master’s Vs. Bachelor’s Degree: What’s The Difference?

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Master’s Vs. Bachelor’s Degree: What’s The Difference?

Higher education has the power to transform your life, but understanding the different types of degrees can be confusing. To help, let’s break down exactly what master’s vs bachelor’s degrees are.

When you go to a university, you can earn an undergraduate degree called a baccalaureate or a graduate degree called a master’s. The exact degrees offered vary from school to school, but there are some important differences between bachelor’s degrees and master’s degrees that you should understand before you begin applying to colleges and universities.

What Is A Bachelor’s Degree?

What is a master’s degree, the difference between undergraduate and graduate degrees, bachelor’s vs. master’s: which one is right for you.

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Explore  environmental baccalaureate and master’s degree programs .

A bachelor’s degree is an undergraduate degree typically earned after the completion of high school or GED. Most bachelor’s degree programs are four-year programs that include general education courses as well as specialized courses in a chosen academic major. Baccalaureate degrees are the foundational level of higher education. They equip students with the essential knowledge and skills needed to start a career in a particular field or further their studies by earning a graduate degree.

There are three main types of baccalaureate degrees:

  • Bachelor of Arts (BA)
  • Bachelor of Science (BS)
  • Bachelor of Fine Arts (BFA)

How Long Does It Take To Get A Bachelor’s Degree?

Most bachelor’s degree programs take four years to complete. However, that is based on a full-time course load of at least 15 credits per semester. If you are working while in school, this could be difficult to maintain. At some schools, the average student takes five years to finish a baccalaureate program, and you can take longer if needed. A student attending college part-time may take six to eight years to complete their degree. 

For those unsure if a baccalaureate degree is the right choice for them due to the traditional timeline, at Unity Environmental University, our model is run on 5-week terms, not semesters. Terms allow students to get through the program much faster, and you can decide to take a break and continue at your own pace, allowing for more flexibility. Another shorter degree option is starting with pursuing an  associate degree , which takes  two years to complete on average before starting a career .

Do I need a bachelor’s to get a master’s? Yes, you do!  Luckily, you can  earn a degree online  on your own schedule with flexible start dates and rolling admissions.

A master’s degree is an advanced level of postgraduate study that allows students to specialize further in a specific field of study or professional practice. A master’s degree may be needed for career advancement depending on your field and position. Certain roles may require a very specialized education. A master’s degree or Ph.D. is also required for jobs doing academic research or teaching at the college level.

There are many types of master’s degrees including but not limited to:

  • Master of Arts (MA)
  • Master of Science (MS)
  • Master of Business Administration (MBA)
  • Master of Social Work (MSW) 
  • Master of Fine Arts (MFA)

It’s common for people to want to study something different than they are studying in undergrad. Maybe you were young and studying what your parents wanted you to, or maybe your interests changed. This leads many college graduates to wonder, can I get a master’s degree in another field? And the answer is yes, you can! You may need to take some prerequisite courses in your new area of study, but policies vary by institution and program.

How Long Does It Take To Get A Master’s Degree?

The timeframe for completing a master’s degree is usually one to two years. However, like with baccalaureate degrees, you may need longer to complete your degree if you are only studying part-time. Some graduate students may conduct longer thesis research or fieldwork and need additional time after completing their core coursework before they graduate.

At Unity Environmental University, our Master’s programs work on 8-week terms, allowing flexible starts and breaks. If you are already a Unity baccalaureate student and are applying to one of our Master’s programs, we provide individualized coaching and advising through the application and enrollment process to provide you an easy transition..

Can You Get A Masters Without A Bachelor’s?

It is not possible to earn a master’s degree from an accredited university in the US without first holding a qualifying bachelor’s degree .

While applying for a Master’s program, make sure to refer to the university’s admission and pre-requisite requirements. At Unity Environmental University, you need to have a baccalaureate and either 

  • have a minimum undergraduate cumulative GPA of 2.75 or higher; or
  • have earned a minimum grade of B (3.0) in at least 6 credits of Master’s level courses from an accredited institution.

There are a few exceptions if you do not meet either of these two  Master’s admission requirements .

Boost your career with a completely  online master’s degree from Unity Environmental University .

a graduation cap sitting on top of a university diploma

The biggest differences between a bachelor’s and master’s degree are the academic level (undergraduate vs graduate) and the depth of study. An undergraduate degree provides broad foundational knowledge. It’s a necessary precursor for the more specialized approach that graduate school takes. Because graduate degrees are advanced degrees, they typically open up more advanced career pathways, including management and research roles.

It takes about 120 credit hours to earn a baccalaureate degree versus only 45 credits for a master’s degree. Therefore, master’s programs often only take two years to complete versus four years for a bachelor’s degree. While the per credit cost of bachelor’s degrees is usually lower than it is for master’s degrees, master’s degrees need fewer credits to graduate, so they could be less costly overall.

Unity Environmental University has flexible terms, allowing you to graduate much faster on average. You can take 2 courses (3 credits) per term. With our baccalaureate programs being 8 terms per year, you can max at 48 credits per year. With 120 credits needed to graduate, you can graduate as quickly as 2.5 years. 

Our Graduate programs are the same. You can take 2 courses per term with 5 terms per year. That means you can take 30 credits per year max, allowing you to graduate in less than a year and a half.

Whether you are interested in a bachelor’s or a master’s, learn  how to make your degree more affordable .

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Ready To Learn More About Unity Environmental University?

To determine if a bachelor’s degree vs master’s is right for you, think about your  long-term career goals  and research the educational requirements for your ideal job. Consider the time commitment and cost of graduate vs undergraduate school. Using data online, you can estimate how much income you can earn over your lifetime if you have a master’s degree vs a bachelor’s degree. This will vary by industry and specific roles, but generally,  workers with a master’s degree earn more than those with only a bachelor’s .

Because a baccalaureate degree is a prerequisite for a master’s, the question isn’t actually master’s vs bachelor’s. Instead, the question is whether it’s worth it to pursue a master’s degree after you finish undergraduate school. Not sure if a master’s degree is right for you? Discover the  benefits of going to grad school . 

Environmental Bachelor Programs At Unity Environmental University

Unity Environmental University’s bachelor’s programs focus on equipping students with the knowledge and skills needed to address contemporary environmental challenges. We use a unique approach to environmental studies that includes social sustainability and  cultural competence  in our programs. Below are some of our bachelor’s degree programs and potential career options for graduates with that degree.

  • B.S. in Animal Science :   Zoologist , livestock manager,  animal care specialist
  • B.S. in Environmental Studies :  Environmental policy analyst, toxicologist, environmental educator
  • B.S. in Sustainable Business Management : Environmental consultant, sustainability manager, sustainability analyst
  • B.S. in Wildlife Conservation :   Wildlife biologist , research associate,  park ranger  

Environmental Master Programs At Unity Environmental University

When you choose Unity Environmental University for your master’s degree, you get access to specialized research opportunities, expert faculty, and the skills needed to make a major impact on the world’s environmental challenges. The programs below cater to those looking to deepen their expertise or pivot their career toward environmental advocacy and sustainability.

  • Master’s in Marine Science :   Marine biologist , aquaculture manager, assistant professor
  • Master’s in Environmental Studies and Sustainability :   Urban planner ,  environmental engineer , climate change policy analyst
  • Master’s in Environmental Geographic Information Science :   GIS analyst , GIS technician, GIS specialist
  • SMBA in Sustainable Tourism & Hospitality : Business owner, sustainability consultant, sustainability director

Students smile at the camera in their caps and gowns during Commencement.

Earn An Environmental Bachelor’s Or Master’s Degree Online At Unity Environmental University

Before applying to college, it’s vital to understand the differences between an undergraduate degree vs graduate degree. In undergraduate school, students earn a baccalaureate degree, usually in four years. Graduate school students earn a master’s degree which usually takes two years. A high school diploma or GED is required for admission to undergraduate school, and a baccalaureate degree is required for admission to graduate school. 

Unity Environmental University  offers baccalaureate and master’s degree programs that can be completed online and come with built-in career development support for all students. You can earn a degree at your own pace with our flexible term starts. The fastest you can earn a baccalaureate in 2.5 years and a Master’s in 1.5 years.  Financial aid  is also available at the undergraduate and graduate levels so that you do not have to worry about whether you can afford a bachelor’s vs master’s degree only.

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2024 Best Online Masters PhD Combined Programs

Masters and PhD combined programs are designed to help you study two different majors.

Masters PhD Combined Programs

These dual degree programs typically combine complementary courses from the two different majors so you can equip yourself with broad but targeted expertise.

Editorial Listing ShortCode:

If you’re after a career with complex professional demands, dual masters and PhD online programs may be an intriguing option.

Universities Offering Online Masters and Doctorate Dual Degree Programs

Methodology: The following school list is in alphabetical order. To be included, a college or university must be regionally accredited and offer degree programs online or in a hybrid format.

Fairleigh Dickinson University

Fairleigh Dickinson University offers a dual degree program for students interested in obtaining both a master’s and a doctorate in a field.

Applicants must meet the admissions requirements for the second degree program while maintaining a GPA of 3.0 or higher. Students may choose to study Business Administration, Public Administration, Health Science, Psychology, Public Health, or Pharmacy and Health Science.

Fairleigh Dickinson University  is accredited by the Middle States Commission on Higher Education.

George Mason University

George Mason University offers a dual degree program for those interested in receiving a Juris Doctorate and a Master of Business Administration.

The program can usually be completed in 3 years when studying full-time or 4 years when studying part-time. Applicants must submit GMAT or GRE scores and 2 letters of recommendation and may be required to complete an interview when applying.

George Mason University  is accredited by the Southern Association of Colleges and Schools Commission on Colleges.

Mercer University

Mercer University offers a Doctor of Pharmacy and a Master of Science in Health Outcomes dual degree program. Applicants must submit a statement of purpose and a resume to apply.

Students in the program are given academic advice from the program director and a graduate advisor to help guide them through their thesis or capstone project. A GPA of 2.75 in the Doctor of Pharmacy courses and 3.0 in Health Outcomes must be maintained to graduate.

Mercer University  is accredited by the Southern Association of Colleges and Schools Commission on Colleges.

National University

National University offers a dual degree for those interested in obtaining both a Master of Arts in Sport Psychology and a Doctor of Clinical Psychology. The program offers both full-time and part-time options and allows students to take the courses for the master’s degree online.

Applicants can apply year round and may have the GRE score requirements waived depending on their GPA. A team of advisors is available to help applicants through each step of the admissions process.

National University  is accredited by the WASC Senior College and University Commission.

New York University

New York University offers a number of dual degree programs for students interested in obtaining either two master’s degrees or a doctorate and a master’s degree.

Applicants must submit additional test scores when applying. Those interested in getting a doctorate and a master’s may get a Juris Doctorate and Master of Business Administration or a Doctor of Dental Surgery and Master of Business Administration.

New York University  is accredited by the Middle States Commission on Higher Education.

Nova Southeastern University

Nova Southeastern University’s College of Health Care Science offers a dual degree program for those interested in obtaining Master and Doctor of Health Science degrees.

The program can typically be completed within 7 years. Both programs require students to have a bachelor’s degree with a GPA of 3.0 or higher, GRE scores, and prior health care experience.

NSU  is accredited by the Southern Association of Colleges and Schools Commission on Colleges.

Rutgers University

Rutgers University offers a dual degree program for those interested in a Master and a PhD in Social Work. The program can usually be completed in 4 years.

Those interested in the program may apply directly to the program or after their first year of study in the Master of Social Work program. Official transcripts, GRE scores, 2 personal statements, and 3 letters of reference must be submitted when applying.

Rutgers  is accredited by the Middle States Commission on Higher Education.

Texas Tech University

Texas Tech University’s School of Law offers a number of dual degree programs. Students may receive a Juris Doctorate with a master’s degree in a variety of business, science, engineering, sports management, or government fields.

Applicants interested in a dual degree program may contact the law faculty advisor to learn more about their program of interest.

Texas Tech University is accredited by the Southern Association of Colleges and Schools Commission on Colleges.

University of St Thomas

The University of St. Thomas School of Law offers a dual degree program for those interested in receiving a Juris Doctor and a Master of Business Administration.

The program can typically be completed in 4 years, but students may also choose to take the program part-time or online. Applicants must submit LSAT scores, their undergraduate GPA, letters of recommendation, and a personal statement.

The  University of St. Thomas  is accredited by the Higher Learning Commission.

Widener University

Widener University offers a dual degree program for a Master in Criminal Justice and a Doctor of Psychology.

The program can typically be completed in 5 years and offers a clinical experience through practicum training, field placements, and internships. Applicants must have an undergraduate degree with a GPA of 3.0 or higher to be eligible. Though having a major in psychology may help with admittance, it is not required.

Widener University  is accredited by the Middle States Association of Colleges and Schools.

Online Masters and PhD Combined Programs

Masters and PhD Combined Programs

Just as some universities offer students the opportunity to earn a bachelors and masters at the same time , there are some doctoral programs that allow you to get a masters as you complete your doctorate. The masters degree serves as a gateway, or an optional exit point, on the longer path to completing the doctoral degree.

In this article, we’ll talk mostly about blended or dual degree programs. These types of programs allow students to work toward simultaneously earning a masters and doctoral degree in two different but complementary majors, such as business and medicine or business and law.

Here are some advantages of combined masters and PhD programs:

  • Combine complementary courses from two distinct graduate degree majors
  • Allow you to earn two degrees within a reasonable time frame
  • Help prepare you for a specific professional niche

The following are some disadvantages of combined masters and PhD programs:

  • Can take longer to complete than a masters degree program alone
  • Can include very different specialty courses designed for distinct majors
  • Might involve coordinating a study plan with two independent departments

Most dual masters and doctorate degree programs online are designed to help you earn the two degrees in a reasonable time frame.

Common Masters and Doctorate Combined Programs

Masters and Doctorate Combined Programs

Many combined degree programs culminate in a professional doctorate and are designed to equip students to work in complex professional settings. A professional doctorate tends to emphasize more practical skills for the workplace.

MBA / Doctor of Nursing Practice (DNP)

In this dual program, you’ll learn business administration fundamentals while you gain expertise in a range of concepts, practices, and regulatory standards related to nursing.

This combination can help position you for senior management roles or for positions on HR teams with large hospitals or managed care networks.

MBA / Doctor of Medicine (MD)

MBA / Doctor of Medicine

This graduate degree combination can qualify you to practice medicine while also providing you with lots of business administration skills.

Professionals with these qualifications might work in governance roles at a hospital, help design and manage innovative managed healthcare business models, or work in the development and sale of medical technologies.

MBA / Doctor of Psychology (PsyD)

Dual masters and PsyD programs combining a specialization in industrial and organizational psychology with a masters degree in business administration can open doors to a range of senior management opportunities in large organizations.

Alternately, professionals might specialize in psychotherapy and use their clinical qualifications and business savvy to manage or develop psychotherapy service networks. They may also fill executive leadership roles with mental health service providers.

MBA / Juris Doctor (JD)

MBA / Juris Doctor

Students in this dual degree program often specialize in business law, accessing and blending course offerings from both MBA and JD graduate programs.

This combined program can create an advanced business law degree pathway for future jobs in the business sector or in private law firms.

Master of Public Policy (MPP) / Juris Doctor (JD)

Legal hurdles and legislative complexities can make or break public policy initiatives. A dual MPP and JD program can be a strategic way to develop expertise doing legal analysis work with regard to developing or improving public policy.

With this double-edged expertise, you might pursue any number of roles in public interest law, legislative work, or public policy analysis and advocacy.

Master of Science (MS) / Medical Doctor (MD)

With preparation in an MS and MD combined degree program, you can equip yourself to practice medicine while also learning specialized science research skills.

Depending on your areas of specialization, you might be positioned to work in medical research and development or with organizations engaged in testing, evaluating, monitoring, or regulating new medical practices or products.

Master of Public Health (MPH) / Medical Doctor (MD)

Master of Public Health

In this blended degree program, you can access a range of graduate courses in the field of public health as you train to become a medical doctor.

If you have an interest in specializing in infectious diseases, preventive medicine, epidemiological research, or public health policy and advocacy roles, this combined degree program can give you advanced training.

Master’s and PhD Admissions Requirements

Master’s and PhD Admissions

Admissions requirements will vary by school and program, but most dual masters and PhD programs online require criteria similar to these:

  • Bachelor’s degree
  • Satisfactory college GPA
  • GRE or GMAT scores (if required)
  • LSAT or MCAT scores (for JD and MD programs, when required)
  • Letters of recommendation

Depending on the major, graduate degree programs may also require the completion of specified prerequisites in math or science as well as other academic or professional requirements.

Accreditation

Masters PhD Combined Programs Accreditation

It can be beneficial to stick with fully accredited schools and programs. If you anticipate pursuing careers in fields that involve professional licensing, accreditation may be a precondition for licensing. Fields that typically require licensing include law, medicine, psychology, nursing, education, and public health.

Accreditation can also be a precondition for some forms of financial aid. Organizations such as the Council for Higher Education Accreditation (CHEA) have more information about accreditation and finding accredited schools.

Financial Aid and Scholarships

Masters PhD Combined Programs Financial Aid

Many graduate students rely on financial aid for help with tuition and other upfront costs. If you plan to apply for need-based aid, you can start by filling out the Free Application for Federal Student Aid (FAFSA) .

Common forms of aid include state and federal education grants. If you’re eligible, you can also  apply for any number of need-based or merit-based scholarships. Some employers also offer tuition assistance programs.

Many financial aid offers also include student loans. Terms of loan offers and other awards can vary, so it’s helpful to review all financial aid offers carefully.

Can You Get Your Masters and PhD at the Same Time?

masters and doctorate programs

Yes, in most programs you’ll pursue your masters and doctorate together, taking courses that are part of an already blended curriculum or enrolling in courses that straddle two departments.

If you’re in the type of program where you’re pursuing just one major, you’ll typically fulfill your masters requirements first as a qualifying step for proceeding with the PhD requirements.

When you’re pursuing two complementary majors in a dual degree program, you’ll generally be working toward both degrees at the same time.

Can You Leave a PhD Program with a Masters?

PhD Program with Masters

You can leave a PhD program with a masters if you fulfill the required academic and administrative steps for doing so. These requirements can vary by school and program.

Some single-track PhD programs make earning a masters degree programmatic for their PhD candidates, usually awarding the masters after comprehensive qualifying exams. In dual programs, your masters and PhD courses can belong to complementary but distinct academic disciplines, which may complicate matters.

In these cases, you may want to talk to an academic advisor about options that would allow you to exit the doctoral track while still earning a masters in the other major.

Do You Need a Masters to Get a PhD?

PhD programs without masters degrees

There are many PhD programs that do not require any prior master’s degree for admissions.

If you’ve already earned a bachelor’s degree, you may find options to enroll in online master degree, PhD, or dual degree programs . Admissions requirements can vary by school and by major in some cases. Some PhD programs offer you the opportunity to earn a masters along the way.

Does Your PhD Have to Be the Same as Your Masters?

PhD program after earning a masters

If you are applying to a PhD program after earning a masters, your masters does not typically have to be in the same academic discipline. Requirements can vary, though, by school and program.

What will matter are the more general admissions requirements or prerequisites. You may have more admissions hurdles to overcome if you don’t have the right prerequisite training before you apply, regardless of what kind of masters degree you have.

Holding a masters degree, even if it’s in another discipline, may still help you demonstrate that you’re a motivated and capable PhD candidate. There are also many joint masters and PhD programs that combine separate but complementary disciplines.

What Can You Do with a Joint Master and PhD Degree?

Joint Master and PhD Degree

Receiving training from dual graduate programs can give you a strong foundation for senior research, management, or leadership positions. There is a vast range of career paths you can take, depending on your specializations and degree combinations.

For example, graduates who pair a masters in public health or science with an MD may pursue positions as epidemiologists or medical scientists respectively. Those interested in business law may want to combine their JD with a Master of Business Administration, making them more marketable for prospective future clients or firms.

Getting a PhD can also qualify you for jobs in postsecondary teaching and research. You may join a PhD in your desired field with a masters in education or teaching to boost your credentials.

Professional doctorates are often designed for professionals who want to enhance their practical skills and advance in their field. They may even pursue top executive roles.

How Long Does It Take to Get a Combined Masters-PhD Degree Online?

Masters-PhD Degree Online

It’s common for a dual program to take 4 to 6 years to complete. Time to completion can vary significantly by program, especially when it comes to dissertations, other capstone projects, or supervised field work requirements.

All that said, many of today’s combined masters and doctoral programs online have highly targeted course programs to help you finish more quickly. Some dual masters and doctorate online programs are designed to help you complete most or all of your requirements in as little as 3 to 4 years if you study full-time, year-round.

Is a Masters and PhD Dual Degree Worth It?

Masters and PhD Dual Degree

Yes, a masters and PhD dual degree is worth it for many students. A dual degree program can help equip you with credentials for jobs that require complex management, consulting, or leadership roles.

When considering a dual program option, you may want to plan backwards. In other words, you might ask yourself if the careers that most interest you require specialized knowledge across two different domains.

Some examples include business law or healthcare management. Business law straddles business and law, and a career in healthcare management benefits from knowledge of both business administration and healthcare practices and services.

Dual degree programs can be especially beneficial if your sights are set on careers requiring combined skills.

Getting Your Masters / PhD Combined Degree Online

Masters / PhD Combined Degree Online

Dual degree programs allow you to get creative when it comes to choosing the right kind of masters and PhD combination for your individual career interests and goals.

Regionally accredited schools and programs offer a range of dual degree programs online. Their creative curriculum design options are tailored to today’s complex professional landscape.

You may even try designing your own ideal graduate degree program for the niche you want. There’s a chance that program is already out there and just waiting for you to find it!

bachelor masters doctorate phd

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Degrees conferred by race/ethnicity and sex

Question: What is the percentage of degrees conferred by race/ethnicity and sex?

The percentage of degrees conferred by race/ethnicity and sex varied by level of degree in 2020–21.

SOURCE: National Center for Education Statistics. (2023). Table 321.20. Associate’s degrees conferred by postsecondary institutions, by race/ethnicity and sex of student: Selected academic years, 1976–77 through 2020–21; Table 322.20. Bachelor’s degrees conferred by postsecondary institutions, by race/ethnicity and sex of student: Selected academic years 1976–77 through 2020–21; Table 323.20. Master’s degrees conferred by postsecondary institutions, by race/ethnicity and sex of student: Selected academic years, 1976–77 through 2020–21; and Table 324.20. Doctor’s degrees conferred by postsecondary institutions, by race/ethnicity and sex of student: Selected academic years, 1976–77 through 2020–21 [Data tables]. In Digest of education statistics . U.S. Department of Education, Institute of Education Sciences. Retrieved October 3, 2023, from https://nces.ed.gov/programs/digest/d22/tables/dt22_321.20.asp , https://nces.ed.gov/programs/digest/d22/tables/dt22_322.20.asp , https://nces.ed.gov/programs/digest/d22/tables/dt22_323.20.asp , and https://nces.ed.gov/programs/digest/d22/tables/dt22_324.20.asp .

Related Tables and Figures:    (Listed by Release Date)

  • 2023, Digest of Education Statistics 2022, Table 318.45. Number and percentage distribution of science, technology, engineering, and mathematics (STEM) degrees/certificates conferred by postsecondary institutions, by race/ethnicity...: Academic years 2011–12 through 2020–21
  • 2023, Digest of Education Statistics 2022, Table 320.10. Certificates below the associate's degree level conferred by postsecondary institutions, by length of curriculum, sex of student, institution level and control, and field of study: Academic year 2020–21
  • 2023, Digest of Education Statistics 2022, Table 320.20. Certificates below the associate's degree level conferred by postsecondary institutions, by race/ethnicity and sex of student: Academic years 1998�99 through 2020�21
  • 2023, Digest of Education Statistics 2022, Table 321.10. Associate's degrees conferred by postsecondary institutions, by sex of student and discipline division: Academic years 2008–09 through 2020–21
  • 2022, Digest of Education Statistics 2021, Table 101.20. Estimates of resident population, by race/ethnicity and age group: Selected years, 1980 through 2021
  • 2022, Digest of Education Statistics 2021, Table 318.30. Bachelor's, master's, and doctor's degrees conferred by postsecondary institutions, by sex of student and field of study: 2019–20
  • 2022, The Condition of Education 2022: Graduate Degree Fields
  • 2022, The Condition of Education 2022: Undergraduate Degree Fields

Other Resources:    (Listed by Release Date)

  • 2023, Baccalaureate and Beyond Longitudinal Study (B&B): B&B examines students� education and work experiences after they complete a bachelor�s degree.
  • 2023, Beginning Postsecondary Students Longitudinal Study (BPS): BPS studies follow students who first begin their postsecondary education.
  • 2023, The Integrated Postsecondary Education Data System (IPEDS): IPEDS is a system of surveys designed to collect data from all primary providers of postsecondary education.
  • 2022, NCES Blog: Measuring �Traditional� and �Non-Traditional� Student Success in IPEDS: Data Insights from the IPEDS Outcome Measures (OM) Survey Component
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IMAGES

  1. Masters Vs PhD: The Difference Between Masters & PhD/Doctorates 2023+

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  2. What Is Bachelor Master Phd

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  3. masters degree vs doctorate

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  4. Master's vs PhD/Doctorate Degrees

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  5. Doctorate Degree Types

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  6. What is the Difference Between Masters and Bachelors Degree

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COMMENTS

  1. Masters vs PhD Degree

    Which One Is Higher: A Masters or a PhD? For most students, a Bachelor's degree is the 'first' degree. Second is a Master's degree. Third is Doctorate degree, such as the Doctor of Philosophy (PhD), is a 'terminal degree'. But that doesn't mean it's the same path for everyone or for all subjects.

  2. Academic degree

    3. Doctoral degree PhD (Doctorado) - in 3-4 years. Accredited bachelor's degrees and master's degrees qualifications will always be described as Grado and Master Universitario. These qualifications comply with the European Higher Education Area (EHEA) framework. Officially approved and accredited university study programmes by law must ...

  3. Master's vs PhD

    Learn how master's and PhD degrees differ in length, structure, career prospects, costs and application process. Find out which degree is right for you based on your goals and interests.

  4. The Difference Between a Masters and a Doctorate

    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.

  5. 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).

  6. What Is the Difference Between a Master's, Bachelor's, Doctorate

    A master's degree is also referred to as a graduate degree. Pursuing a master's degree is a way to specialize in a particular area of study and usually requires one or two additional years of school. The most prevalent degree titles include the M.A. or Master of Arts, M.B.A. or Master of Business Administration and M.S. or Master of Science.

  7. Master's vs PhD/Doctorate Degrees

    Expected salary. According to the U.S. Bureau of Labor Statistics, 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 ...

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

    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.

  9. Quick Guide: Your College Degree Options

    A doctorate or doctoral degree is a research-oriented degree focused on scholarly development. The most common doctorate is the Doctor of Philosophy (PhD). Despite the name, a PhD covers many disciplines, not just philosophy. ... while most four-year colleges offer bachelor's, graduate, and doctorate or professional degrees. Some four-year ...

  10. 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.

  11. 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.

  12. What makes a Bachelor's thesis different from Master's and PhD theses

    A bachelors degree is about learning existing knowledge. Historically from the book(s) written by the univ staff. A masters degree, after you have learnt what is already known and in books in your topic area, is about learning evolving knowledge - that is near recent and current literature in academic journals and conference presentations.

  13. Types of College Degrees in 2024: Associate, Bachelor's, Master's

    For instance, bachelor's, master's, doctorate, and associate degrees vary in length, with bachelor's degrees affording you a shorter stay in school and decent entry-level salaries while graduate degrees like master's and PhDs entail more than five years in college but grant access to more prestigious roles and impressive compensation ...

  14. Bachelors vs Masters vs PhD

    Learn the difference between Bachelors, Masters and PhD Degree with a simple analogy of a circle that contains all of human knowledge. See how each degree deepens your specialty and pushes the boundaries of research.

  15. Online Programs

    Online Programs. There has never been a more meaningful time to study public health. And with the Johns Hopkins Bloomberg School Hybrid Campus, accessing our state-of-the-art curriculum and being part of our community has never been easier! Become a public health leader from any device, anywhere in the world. Our hybrid campus promises to offer ...

  16. How Long Does It Take To Get a PhD?

    A PhD program typically takes four to seven years, but a variety of factors can impact that timeline. A PhD, or doctorate degree, is the highest degree you can earn in certain disciplines, such as psychology, engineering, education, and mathematics. As a result, it often takes longer to earn than it does for a bachelor's or master's degree.

  17. Doctorate in Psychology (Ph.D. and Psy.D.) Program Guide

    The median BLS salary for psychologists include both graduate and undergraduate level occupations. According to Payscale, of the 26 people reporting in September 2023, the average salary for graduates with a Ph.D. in psychology is $97,000. September Payscale data for 2023 reports the average salary for graduates with a Psy.D. as $92,000.

  18. Number of People With Master's and Doctoral Degrees Doubles Since 2000

    Since 2000, the number of people age 25 and over whose highest degree was a master's has doubled to 21 million. The number of doctoral degree holders has more than doubled to 4.5 million. Now, about 13.1 percent of U.S. adults have an advanced degree, up from 8.6 percent in 2000.

  19. Master's Vs. Bachelor's Degree: What's The Difference?

    Therefore, master's programs often only take two years to complete versus four years for a bachelor's degree. While the per credit cost of bachelor's degrees is usually lower than it is for master's degrees, master's degrees need fewer credits to graduate, so they could be less costly overall.

  20. 2024 Best Online Masters PhD Combined Programs

    Rutgers University. Rutgers University offers a dual degree program for those interested in a Master and a PhD in Social Work. The program can usually be completed in 4 years. Those interested in the program may apply directly to the program or after their first year of study in the Master of Social Work program.

  21. Undergraduate, graduate or post-graduate student

    I know Bachelor student, Master student, PhD student and post-doc. The timeline: Being a Bachelor student → Getting the Bachelor degree → Being a Master student → Getting the Master degree → Being a PhD student → Getting the PhD degree → Being a post-doc → ... Then what do undergraduate, graduate and post-graduate students

  22. Fast Facts: Degrees conferred by race/ethnicity and sex (72)

    Response: The percentage of degrees conferred by race/ethnicity and sex varied by level of degree in 2020-21. 1 Includes Ph.D., Ed.D., and comparable degrees at the doctoral level, as well as such degrees as M.D., D.D.S., and law degrees that were classified as first-professional degrees prior to 2010-11. NOTE: Data in this table represent ...

  23. Where To Earn A Ph.D. In Data Science Online In 2024

    Per-credit tuition rates for the programs in our guide ranged from $442 to $950. A 60-credit degree from NU totals about $26,500, while the 66-credit option at Capitol Tech costs more than $62,000 ...

  24. Degrees in Psychology

    Earning a bachelor's in psychology is a great way to prepare for graduate study. Many psychology majors go on to earn a graduate degree in psychology or in a related field such as counseling, social work or education. Others choose to use their skills in human psychology to pursue advanced education in law, medicine or criminal justice.

  25. 301 Moved Permanently

    301 Moved Permanently