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Hi all
Our daughter is nearing the end of her geograohy degree and considering a masters.
How is this costed, further student loan or basically pay the tuition fees, in Wakes so fortunately Weksh assembly hss covered part of the tuition fees thriugh degree
Your experience please
Usually can just do it as bachelors degree, student loan etc. However I would recommend going to study in Norway, totally free tuition, many masters courses taught in English (a lot!), amazing country, great way of life . It is where I currently am doing my masters in architecture. Many other countries are way cheaper too, I studied in France too and that was €500 a year for my masters, must point out that student finance UK won't give you any money for studying abroad.
Or another point is try do an Erasmus year if she studies in the UK for her master's, you get a whole load of money for doing that too, I've received around £3k Grant just for studying abroad with Erasmus!
If she gets a job and a good employer they may sponsor her to do the Masters, it'll likely mean some sort of lock in period.
The first port of call would be the universities that she is looking at doing her MSc at. There is usually lots of burseries available and the uni's will know who's supplying them. AFAIK loans are not yet in place for post grads (via the SLC)
When I did mine it had to be completely self funded. No student loan available for post grad study, same applies to tuition fees.
My eldest went through this last year.
Basically if she'd stayed at the uni where she got her BA she would have been able to get a bursary to do a her post grad stuff. However, they didn't do the specific course she wanted so looked at a different uni and would have had to pay for it herself - there was no further student loan available (to top up her current one).
I paid the fees for my LLM with a [url= https://www.gov.uk/career-development-loans/overview ]career development loan[/url]
When I did one (10 years ago ish) you couldn't apply to the student loans company for postgrad funding.
I ended up taking a career development loan (Barclays/govt) and a professional studies loan (HSBC).
I imagine there are similar things available. One word of warning though - it's not a great idea to do a Masters purely because you don't know what else to do post graduation/ quite fancy it. I got in a lot of extra debt to do something I'm not entirely convinced benefited me in any way..
probably between 4-5k for a 1 year FT masters course. will tell you on the university website though. I was lucky, I got paid to do an MSc 😀
If she can get a job don't do it.
If she wants to study for a Masters, make sure it's not in the same subject but complimentary or different to her BA.
If she can study abroad then go in order to broaden her views.
I am not sure about you guys but isn't a Masters degree similar to a 3 year BA being cramped into one?
Interesting stuff - my daughter finishes her accounting degree this year and is thinking about doing a masters next if she struggles to get into a decent graduate programme.
epicsteve - MemberInteresting stuff - my daughter finishes her accounting degree this year and is thinking about doing a masters next if she struggles to get into a decent graduate programme.
If she wants to be an accountant then go straight into professional charted accountancy exam via a job with the big 4. A masters for accountant is a waste of time and money.
If she wants to be an accountant then go straight into professional charted accountancy exam via a job with the big 4. A masters for accountant is a waste of time and money.
That's dependent on getting into one of their graduate programmes of course! A masters in something IT related isn't a waste of time for an account - I run the EMEA financials practice for a large global consultancy and quite of a few of my team have that as a background.
epicsteve - MemberThat's dependent on getting into one of their graduate programmes of course! A masters in something IT related isn't a waste of time for an account - I run the EMEA financials practice for a large global consultancy and quite of a few of my team have that as a background.
I agree. If it is Masters in IT related rather than accountancy than yes, that's adding value.
I have several retired charted accountant friends ... bloody hell ... they are all loaded!!! All they did were counting others' cash to become rich! Dammit! One of my Uni mate became a partner within 6 years of graduation earning £200K/mth in the mid 90s ... dammit! The others were mortgage free within 10 years! Bloody accountants sucking the life out of everyone ... 😆 I remember applying to be consultant many years ago with one of them about Change Management ... did not get it otherwise I would be a Con-sultant. 😆
edit: have you ring fenced the unicorn yet? 😆