This article on Should You Do A Master’s At The Same University as Your Bachelor’s was originally published on BusinessBecause.
You’ve finished your bachelor’s and you have two very clear choices: enter into the world of work and draw a line under your education or look to deepen your knowledge with a master’s degree.
There are many factors to consider when choosing where to study your master’s, including the quality and cost of tuition, the potential salary you could earn, and what your job prospects could be. For many, it’s often the simpler and easier choice to stay at the same university where you studied your bachelor’s.
Here are the pros and cons of studying a master’s at the same university as your bachelor’s.
PRO: You can benefit from strong ties to the school
By staying with the same school, you’re able to build on the existing relationships and networks that you’ve already built.
The school already knows you. Faculty are likely to know your strengths, and this can give you a leg up in the admissions process. If you are already inside a top academic institution, this could help you into a world-renowned master’s program with international recognition.
Manon Pellegrin (pictured) studied a Master of Marketing—2022’s most popular master’s degree—at EDHEC Business School. She says this was a big factor when applying for her degree.
“I considered ESSEC in Singapore, or HEC Montreal. But I made the choice of consistency and preferred to continue my studies at EDHEC. I made that decision because I already knew some of the professors and I had confidence in the program.”
CON: You might be restricting your network
Networking is a key part of postgraduate education and one of the many ways enrolling in a business masters like the Master in Finance will boost your job prospects. By staying at the same university, you limit your network to one institution rather than to two or more.
Depending on your degree, you’ll be studying from a similar group of lecturers, and you’ll be part of the same alumni network. You also won’t get the opportunity to experience a campus in an entirely new location, which could help deepen your links to more than one city or country around the world.
“By studying elsewhere, students can benefit from two different networks that enrich their CV and widen the outreach of their job search,” says Veronica Sullo (pictured), international recruitment coordinator for Bocconi University. “This is the reason why we offer our MSc students plenty of double degree opportunities with more than 30 different universities worldwide.”
PRO: You can get a tuition fee discount
Universities are keen for students to stay on to study a master’s, and accordingly will offer several incentives to try and attract bachelor’s students to stay.
Many master’s programs reserve a certain number of seats in the class for internal applications prior to external applications, so you could bag an offer before other students even start applying.
Some master’s programs offer to waive certain admissions requirements to bachelor’s, such as a GMAT score, which can often be a time consuming part of the process.
Certain universities even go a step further and offer a tuition fee discount to students progressing from a bachelor’s. Schools often ask graduates to apply for the discount, and the amount depends on the institution, but it can range from anywhere up to 20% off the total cost of tuition.
CON: You may be limiting your international exposure
With a range of schools located in different countries on your resumé, you’re likely to stand out to employers for your international exposure. Conversely, if you stay in the same school and country, that may limit your exposure.
It’s true—studying your master’s in a different country will increase your exposure to the culture, will help you build contacts in that location, and may even help you learn a new language.
Master’s programs, however, make an effort to make sure that your experience isn’t just focused on the country where the university is based. Trips, international consulting projects, and internships often transport students to different countries.
More programs now offer a double degree master’s, allowing students to spend time at both institutions and to gain a certificate from both. Collaborations include the HKUST-NYU Stern joint Master’s in Global Finance, and the M2M joint program between HEC Paris and Yale School of Management.
Master’s programs are also often more diverse than bachelor’s programs. “I was able to work with students from several different cultures, which was super interesting both from a cultural and professional point of view,” EDHEC grad Manon reveals.
PRO: You can establish yourself in one environment
During a bachelor’s, you’ll spend three or four years living in a certain location, getting to know a city and a campus well, and starting to build further ties that may establish you there in the long term.
“Staying at EDHEC, I didn’t waste any of my time integrating a class with a fundamentally different mindset, different values. I already represented them,” explains Alexandre Gimenez (pictured), a graduate from the EDHEC Master in Marketing.
This stretches far beyond the classroom in extracurriculars. “Staying on for a master is a good choice for those students who have been involved in university campus activities, boards, student or sport associations,” Veronica from Bocconi says.
For students looking to get into research or tutorship positions during their master’s, she adds, it can be helpful to have a preexisting relationship with faculty from your bachelor’s.