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Advice needed- Is a master’s degree worth it?

I have my bachelors in marketing. What's everyone's opinion on getting a masters, if you're already working in sales? What doors could it open? 
🎯 career development
💡 Education/Resources
🤘 Personal Growth
33
Hotlead
Politicker
+6
SDR
Just get in the hole 10s of thousands, if you're in sales just learn about your industry, no point in going back to school they wont teach you how to sell, going out there and working will. 
funcoupons
WR Officer
+11
Kahluapons
Wholeheartedly agree. I'd only recommend going back to school for someone who can do it without going into debt, without it affecting their job or personal commitments, and who has no expectations from it aside from gaining knowledge about something they're interested in.
TheDeplorable
Politicker
+7
AE
Agree. I am finishing up paying for my bachelors… don’t think i want to do that again
Modro
AE
I studied a masters degree before I get into professional sales and I can tell you it was a waste of time and money. I could have used the time in uni to enhance my selling skills and invested the money instead. I’m still seeing loads of people without a masters degree who are ahead because they have more years of experience. Unless you want to study masters to specialise in a certain technical field, in that case maybe it’s worth it.
bigiron
Territory Manager
Yeah MBA is a total waste of time and money. You're going to learn more in the field and the MBA won't open any doors that you can't open yourself with a little hard work and networking
TheDeplorable
Politicker
+7
AE
I am starting to see this more and more. Thanks for the feedback
Nairobi
Politicker
+7
BDR
Nope nope. I thought going to a top uni would open doors for me and guess what it did? Nada, only got myself in debt...
TheDeplorable
Politicker
+7
AE
I appreciate the honesty. Thanks fkr the heads up
braintank
Politicker
+6
Enterprise Account Executive
Unless your company will pay for it and it won't interfere with personal life (i.e. keep you away from SO and kids) it's not worth it.
TheDeplorable
Politicker
+7
AE
Very true. Family first
BlueJays2591
Politicker
+6
Business Development Manager
If you're looking to go into management, an MBA will help. It's not an automatic entry into management, but the knowledge and connections you make will definitely help. Hopefully you work at a company that gives tuition reimbursement to take the financial strain off you. 
TheDeplorable
Politicker
+7
AE
This makes sense. I think i csn make more money selling rather than managing. Thanks for the advice
BlueJays2591
Politicker
+6
Business Development Manager
You'll definitely make more selling than managing if you're a good salesman. Managing is profitable later on (Director level+), but starting out you take a pay cut. Top salespeople at top companies usually make a fortune though.
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GDO
Politicker
+6
BDM
Well I have 3 master degrees and I don t use any of it in my job. I got them because studying is basically free in Belgium. 

if you need to go into debt. Don’t do it. 
TheDeplorable
Politicker
+7
AE
Haha i appreciate the honesty. That is still impressive though… for what it is worth
Queenofsales
Politicker
+6
Senior Recruitment Consultant
Definitely do your research beforehand. I would say if you wanted to leave sales and build upon your BSc then it maybe good to get some more experience to move away from it but otherwise carry on smashing what you are doing and that in itself will open doors!
TheDeplorable
Politicker
+7
AE
Good advice. Will do, thank you
Badabingbadabom
Account Manager at Software Vendor
I think it depends. I currently make my master in digital management and the content is absolutely relevant for my daily work in sales, understanding the customers business challenges and initiatives. I learn things about enterprise architecture, agile, digital business models, etc. My employer pays for it, but I think I would also consider it if they wouldn’t, as I don’t have many private obligations yet! It brings you on a next level, but you should really think about what you want to achieve and which content/subject helps you to evolve.
TheDeplorable
Politicker
+7
AE
That’s true! Definately should be thought out first. Looks like it was a good decision for you
Sgt_Trollingham
Valued Contributor
+5
Business Development Director
If you have the cash to "blow" without going into debt, I highly recommend looking into investments and/or starting your own business. A master’s degree is definitely a nice plus, but from a ROI standpoint, bet on yourself and start a company. Drop-ship on Amazon or provide some service. Master's degrees can't teach you anything you won't relearn or unlearn in the real world. I think education is great, but don't go into debt for it. 

Top tip: tell your employer you're interested in higher learning and see if they will help fund you upskilling yourself! Win win!
TheDeplorable
Politicker
+7
AE
Thats a good point- “dont go into debt for it”
bareknuckles
Valued Contributor
+4
CEO of my kitchen table
If you want to be in Sales and make money/progress in the company? Then No!
TheDeplorable
Politicker
+7
AE
Thank you, this seems to be the popular opinion
dryspongebob
Opinionated
+2
Business Development Manager
My opinion is: zon’t zo it. 
TheDeplorable
Politicker
+7
AE
Noted
cw95
Politicker
+6
Pricing Executive
I completed a Masters along with several of my undergrad friends, I'd say around 15 people I knew did one (various courses) not a single one now works in a role related to it, me included. However, if the MSc in Marketing would be required for future roles, maybe think about taking it when it is needed and not just for the sake of it!
TheDeplorable
Politicker
+7
AE
Good advice! Thank you
Jackywaky
Arsonist
+9
Sales Manager
learn + practice + repeat. 
TheDeplorable
Politicker
+7
AE
I like it. And I didn't have to go 50K in debt for this lol
Jackywaky
Arsonist
+9
Sales Manager
there you go - also you can leverage all the content we post here. Great books, experiences, tactics, and templates. 
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Justatitle
Politicker
+7
Senior AE
Truthfully I’d only do it if my company paid for it. 
TheDeplorable
Politicker
+7
AE
I may ask my company about this!
CuriousFox
WR Officer
+11
Needer of Life Alert
If you want it, then go for it. Nothing else matters. 
TheDeplorable
Politicker
+7
AE
I do but don't want debt.....2 edged sword haha 
Opal
Arsonist
+9
Crocs Model
An MBA will go a long way with large corporations, but otherwise its rather unnecessary unless you go to a top tier school. I say that knowing several people in different walks of life who have benefitted from one or have found it to be useless for their industry. 
TheDeplorable
Politicker
+7
AE
I could see that. And those top tier schools are way too expensive
beachNsales
Politicker
+3
Account Executive
I think about this all the time. Sometimes I look online and there are more affordable options. like 14k. 
TheDeplorable
Politicker
+7
AE
Thats not bad at all. I think its more the time commitment
beachNsales
Politicker
+3
Account Executive
completely agree. That year would would honestly suck
SaaSguy
Politicker
+5
Account Executive
No way. There is no door that would open that having a good track record and hitting quota wouldn't- and that puts money in your pocket instead of blowing money on a degree that wont matter.
Opal
Arsonist
+9
Crocs Model
Not true, companies like Amazon and Google require it for executive or even other senior roles. Or they "strongly" encourage it and will not consider anyone without it. 
Incognito
Arsonist
+9
Master of Disaster
That isn’t true either. My brother has a senior role at Amazon and he only has a bachelors in computer science. 
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DrunkenArt
Politicker
+5
Sales Associate
Absolutely not. Only way you should do it, is if your company pays for it, and it leads to growth within the company. 
TheDeplorable
Politicker
+7
AE
Good point. I will look into that
looper1010
Celebrated Contributor
+12
Account Executive
Depends on what industry and role you're planning the future.  Personally, I wouldn't waste the time and money unless it's worth the network.
TheDeplorable
Politicker
+7
AE
True. I am in SAAS. I am learning that sales numbers speak louder than degrees
AssistantToTheRegional
Opinionated
+3
Enterprise Account Executive
No. Experience first.
TheDeplorable
Politicker
+7
AE
Seems like nothing beats experince
goose
Politicker
+10
Sales Executive
Find some company to pay for it.  Tuition reimbursement is a great perk. 
TheDeplorable
Politicker
+7
AE
Ill look into that
BobbyPorretta
Account Executive
In my industry it doesn’t seem to make a difference, just comes down to work experience 
TheDeplorable
Politicker
+7
AE
Very true. Product knowledge and make the most dials lol
AnchorPoint
Politicker
+8
Business Coach
Like everything else in life, you get out of it what you put in.  MBA for sales success is not necessary.
TheDeplorable
Politicker
+7
AE
Thats solid advice
go
goodculturefit
Opinionated
+1
Senior Account Executive
The best reason to get a masters degree is to leave sales. If it's an MBA, I wouldn't do it unless it were a top 10 program and you were trying to get into consulting or finance. 

I got accepted into an MBA program back in the end of 2018 at a local college. It's a state school with a good name, but it wasn't prestigious. I ran a LinkedIn search of folks with an MBA from that school and those people didn't have the types of job I wanted. 
TheDeplorable
Politicker
+7
AE
Thats smart. Never thought to use linkedin like that! Thank you
TheRealVladimirPutin
Opinionated
+5
AE
I asked my manager if it was worth getting an MBA and she laughed and said no. An old country manager had an MBA, was made redundant and couldn't find another job for 9 months. 
Cothrock
Valued Contributor
+3
Account Executive
MBAs are a dime a dozen these days. I know you said "master's" degree, but most sales professionals I know go for an MBA. An MBA is really only worth it (and then arguably so) if you can get into an elite top 25 program: Stanford, UPenn, Harvard, Northwestern, etc. Even then, it's so freaking expensive you could spend that time improving your selling skills/hire a sales trainer. If you want to get into management, it maybe worth it, but if your plan is to stay in sales I don't recommend. 
GrindingSales
Opinionated
+5
Account Executive
If your dream career requires it, definitely worth it!  If you want the extra knowledge because you are passionate about it, definitely worth it!  

If neither of those apply, it's just another way for someone to judge your worth before they get to know you.
The_Honey_Badger
Opinionated
+5
Account Executive
Yeah - A Masters Degree in Networking.  A degree is appreciated, as long as you know the people that can get you where you want to use it.
alecabral
Arsonist
+7
Director - Digital Sales Transformation
It really depends on what you're after in terms of career, and what's "normal" just to say it one way, in the industry you work for. Some companies no longer care about BSs anymore, and some others don't care about masters either.

That being said, my personal opinion is that money spent on one's own education is always money well spent.
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