New Year’s Resolution for 2017: A Masters in Finance Degree
A quick look at the calendar shows that we are just days away from ringing in the New Year. With only a few days left in 2016, it is time to put pen to paper and write down goals and resolutions for the next year. Have you considered a Masters in Finance Degree?
For many people, the old standbys of exercising more and eating healthier will hit the list. For others, spending more time with family or securing a new job will find its way onto the 2017 resolution list.
However, with 2017 quickly approaching it is time to commit to a bolder endeavor and make the commitment that this upcoming year, you will do something spectacular. Choose a resolution that will have a positive impact on your professional and personal future for years to come: starting your Master of Science in Finance degree.
Let’s take a look at the top 7 reasons why you should start your Master of Science in Finance degree in 2017.
7. Intellectual stimulation– Graduate school is an opportunity to stimulate your brain by studying concepts and ideas in more depth than you have been exposed to previously. The work can be both rigorous and rewarding. Many students find that returning to school for a graduate program makes them more intellectually curious about other disciplines also. It can increase creativity and your desire to learn. You may find that starting your Masters in Finance degree will not only increase your acumen in finance, but also unlock your brain to new ideas and skills in other areas too.
6. Increase job satisfaction– At times work can be a grind. You can get stuck in a rut where you are performing similar tasks day-after-day-after-day. You have mastered the skills necessary to perform at a high level in your current role, but you do not have the necessary tools to transition into the next level where the work is more stimulating and satisfying. You want more out of your career than your current position has to offer, but a Masters in Finance degree is necessary to position yourself for a more rewarding career opportunity. Make a commitment that education will not hold you back in the future and begin your Master of Science in Finance degree in 2017 and start opening up the doors to a more satisfying career.
5. Responsibilities increase-Every year responsibilities at work increase. One of the biggest things that companies learned from the recent recession is that employees are willing to handle additional responsibilities to maintain their job. They found that often times work that three people were doing, could be reluctantly handled by just two employees if job responsibilities were reassigned and expectations were increased. Every year as you advance your career your responsibilities at work will increase along with the demands on your time. Be aware of this and start your graduate program in 2017, before you have increased responsibilities in 2018 and 2019 and 2020 etc.
4. Tic-toc Tic-toc Tic-toc-As days turn into weeks, and weeks turn into months and months turn into years there are lost opportunities professionally if you have not earned the necessary level of education to secure a larger career opportunity. You may be well liked and perform your current role at a high level, but the lack of a graduate degree is holding you back. Delaying your Master of Science in Finance degree will likely push back the timeline that new and exciting career opportunities will present themselves. Jump in feet first and start earning your degree now and be prepared for that next amazing job opportunity that comes your way. Moreover, the earlier in your career that you earn your graduate degree the longer you have to reap the financial rewards of your educational investment.
3. The economy is improving– The financial meltdown of 2008 has passed and after years of recovery efforts the economy is now improving. The unemployed rate recently dipped under 5% for the first time in years and the Federal Reserve just increased interest rates for only the second time in the last 8 years. Now that the economy is on firmer ground, expectations are that companies will soon start hiring at a more aggressive rate. New opportunities will be created as companies start investing more money back into growth strategies. Roles in finance play a big part in this growth making it the ideal time to show employers your enthusiasm for finance and your commitment to the field by starting your Masters in Finance degree in 2017.
2. Recession proof yourself– Certainly the economy is improving and economic forecasts are rosier than they have been in years, there still is no guarantee on how economic, environmental or terroristic activities around the globe can quickly impact the economy in the future. One thing that you can do to reduce your risk of being negatively impacted financially from these events is to pursue higher education. The higher your education level the lower the likelihood that you will find yourself unemployed. In 2015 those with a high school degree made approximately $678 per week and had an unemployment rate of 5.4%. For those holding a bachelor’s degree they earned $1,137 per week with a 2.8% unemployment rate. For those who had earned a graduate degree they earned $1,341 per week with a 2.4% unemployment rate (Employment Projections). Over the years there has been a consistent correlation between higher education and lower unemployment rates. Invest in your education in 2017 and protect yourself from any type of economic downturn in the future.
1. Specialized skills matter– The increase in workplace demands has dictated a necessity for employees to have advanced specialized skills to remain competitive. The ability to perform complex and specialized tasks is more valuable than ever. Employers are looking for individuals that they can place in challenging roles with little to no additional training. Employees that can perform complex financial tasks are highly coveted by organizations around the globe. The advanced financial skills necessary to launch your career and bring value to your employer are obtained through a Master of Science in Finance degree. Demonstrate your desire to be a leader in finance by starting your degree in 2017.
With only a few short days before we turn the page on 2016 and look ahead with anticipation to what next year may bring it is the perfect time to put earning a Master of Science in Finance degree at the top of your New Year’s resolution list.
Make 2017 the year that you invest back into yourself and your future by starting your degree and opening up new and exciting career opportunities. The field of finance is tremendously rewarding and opportunities are widespread and intellectually stimulating, so as you work on your New Year’s resolution list create the short list of schools that you will be applying to in 2017 as you take the first step in earning your Master of Science in Finance degree.
Interested in pursuing an Online Masters in Finance Degree, check out these schools.
- Employment Projections. (n.d.). Retrieved December 19, 2016, from https://www.bls.gov/emp/ep_chart_001.htm