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Universities offer more than one type of graduate degree. Which could be right for you? Learn more about the three types of graduate degrees and the benefits of earning one.
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A graduate degree is a degree you earn after completing a bachelor’s degree program, and may include a master’s degree, a professional degree, or a doctoral degree, each of which allows you to establish yourself as an expert in your field and broaden your job prospects.
A post-graduate degree is an option to help you build skills in verbal and written communication, critical thinking, research, and time management.
A master’s degree is a graduate degree earned after completing a four-year undergraduate degree program.
A master’s degree is a type of graduate degree in which you may receive a Master of Arts (MA), Master of Science (MS), or a specialized degree like the Master of Business Administration (MBA). Learn more about the types of graduate degrees available, the skills you can gain, and some frequently asked questions regarding graduate degrees.
While researching graduate programs, you'll typically come across three types of degrees. The most commonly known is a master's degree, but it isn’t the only option. The term 'graduate degree' also includes PhDs and professional degrees, such as a Juris Doctor or Doctor of Medicine.
Students often pursue a graduate degree to gain access to more jobs, higher salaries, or as a stepping stone for further study. For specific careers, graduate qualifications will be essential, while for others, they may be a career boost, but you may be able to be more flexible on your choice of program. By earning a graduate degree, you can establish yourself as an expert in your field and potentially gain a competitive edge as a job candidate.
Let's take a closer look at each:
A master’s degree takes one to two years of full-time study, depending on the program and your schedule. Depending on the subject you choose, you may pursue a Master of Arts (MA), Master of Science (MS), or something more specialized. A master's degree incorporates coursework and independent study and usually requires the submission of a thesis or the completion of a capstone project.
Specialized options include the Master of Business Administration (MBA), among the most popular master’s programs, focusing on business management, including marketing, finance, sales, and accounting. You may also consider a Master of Fine Arts (MFA), which allows artists to focus on subjects like music, art, theater, and graphic design.
Another popular graduate program is the Doctor of Philosophy (PhD), which takes between four and seven years. Courses at this level tend to be research-based, allowing you to test theories and hypotheses in your chosen field. Options for what to study are vast and can include areas relating to psychology, social science, humanities, and technology, among others. A PhD can take anywhere from three to eight years to complete.
Learn more: What Jobs Can You Get with a Philosophy Degree?
A professional doctorate is the highest academic credential in a professional career. In this advanced degree, you'll apply research to solve practical problems within the field. Professional doctorates have many titles, including Juris Doctor (JD) and Doctor of Medicine (MD). While these degrees vary in length, they typically take between three and six years to complete.
A master's degree is one type of graduate degree, which is any degree pursued after receiving an undergraduate bachelor’s degree. A master’s degree provides specialized education in a particular subject. The other type of graduate degree is a doctoral degree, which focuses heavily on original research and advanced knowledge of a particular field.
A graduate degree allows you to develop skills in particular areas related to your specialization, but it also helps you to command general skills transferable to any career path. These include:
Verbal and written communication skills
Problem-solving
Research skills
Ability to work independently and as part of a team
Time management
Leadership and coordination
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Get in-depth insights into various learning paths, take skills assessments, and evaluate your career options while browsing our Career Resource Hub. Then, check out some of our other free resources:
Hear from a fellow learner: How One Software Developer’s Leadership Aspirations Led Her to Graduate School
Watch on YouTube: Can You Go to Grad School for a Different Major?
Read our Career Chat issue: How to Fit Learning Into Your Life: 3 Tips from an Online Learner
You can also explore online graduate degree options on Coursera, which include flexible programs taught by some of the leading global organizations and universities.
Depending on the industry and position, a full-time worker aged 25 or older with a master’s degree earns a median weekly salary $298 higher than that of those with only a bachelor’s degree, and has lower unemployment levels [1].
The US Bureau of Labor Statistics projects employment for master’s level occupations will grow by 11 percent between 2025 and 2035 [2]. Many positions above entry level require an undergraduate degree, and a master's degree is preferred in some cases. Depending on your career goals, having a graduate degree could be an advantage.
Completing a master's degree generally takes 18 months to two years, and a doctoral degree can take another four to eight years. The timeline for completion of a graduate degree will vary depending on the type of degree you pursue, your desired subject area, and the institution you choose to study at, as well as whether you decide to study full-time or part-time.
Yes, many online options are available for graduate study. Earning your graduate degree online often allows the flexibility of setting your schedule and studying from home or any other convenient location. It can also lower costs due to lack of a commute, possible lower tuition, and less costly materials.
US Bureau of Labor Statistics. “Education Pays, 2025, https://www.bls.gov/careeroutlook/2026/data-on-display/education-pays.htm.” Accessed September 11, 2026.
US Bureau of Labor Statistics. “Employment Projections, https://www.bls.gov/emp/tables/education-summary.htm.” Accessed September 11, 2026.
Education Data Initiative. “Average Cost of a Master’s Degree, https://educationdata.org/average-cost-of-a-masters-degree.” Accessed September 11, 2026.
Education Data Initiative. “Average Graduate Student Loan Debt, https://educationdata.org/average-graduate-student-loan-debt.” Accessed September 11, 2026.
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