Is pursuing a Masters in 2021 the right decision?

Are you one of those serious aspirants who were diligently planning to apply for your Masters degree abroad in 2020 so that you could make it into your dream university by the fall of 2021? Or are you one of those who had toiled hard for your application process in 2019 only to realize that the world will soon be facing its biggest health crisis in a century?

Well, irrespective of the category that you fall under, chances are that you might be cursing this pandemic for playing a perfect spoilsport for your Masters' plan. You might feel that your career is jeopardized and now, you might even be skeptical of your entire strategy of doing your Masters abroad!

This pandemic has brought the entire planet to a standstill, which is evident from the fact that we're now witnessing one of the worst-hit recessions. A recession that has not spared even the most developed economies of the world. An all-time high unemployment rate, loss of jobs and reduced paychecks have made the prevailing economic tension even more palpable, thereby painting an overall grim picture.

However, the future isn't as gloomy as the present. Sure, these are unprecedented times, and the economy is struggling, but that doesn't mean that it would never improve! If we go by the trends of the past recessions, historical data suggests that an average recession lasts roughly 12 to 18 months and post that, the economy has always taken a big stride forward. And whenever that happens, the market is rife with lucrative job opportunities which are up for grabs, provided one has the necessary skills.

Historical data suggests that an average recession lasts roughly 12 to 18 months and post that, the economy has always taken a big stride forward.

An average Masters program is roughly 12 to 24 months long. So, if someone enrols themselves in the fall of 2021, then they will be graduating by 2022 or maximum by 2023. Also, if you consider this recession to last for about 15 months, then, it should get over latest by the end of 2021, after which, as I quoted earlier, there will be a surge in the job prospects all over the world as most of the businesses will return to normalcy.

Yet, merely an increase in employment opportunities would not land you a high-profile job. Nor will it decrease the cut-throat competition in the job markets. Instead, it will undoubtedly give you an undue advantage if you have advanced skills, better experiences, and have graduated from a reputed global university. Therefore, it's crucial to understand that the economy will remain dormant only for a short period.

Moreover, if you want to come out of this pandemic tall and handsome, not only should you ensure that you're in a secure environment till this situation subsides, but also that you're more than just ready to grab opportunities coming your way post this economic downturn.

And what better option to have a glass door over your head during these trying times than securing admit from top universities for your Masters? Think about it.

When a majority of the crowd is hustling for jobs in this somber crisis, capitalizing two years of your life, learning new skills, diversifying your portfolio, engaging in peer-to-peer learnings with a global student community and hence, coming out as a transformed individual with the brand name of an elite university will give the perfect kick-start to your career. The start that you might have always been longing for.

Not to forget the news headlines that have been doing the rounds all over the Internet these days -

According to a recent survey conducted by The Boston Globe, acceptance rates at Harvard and other Ivy League Schools have shot up during this crisis as more and more applicants are deliberating different options such as deferments, different career options or altogether dropping out their plans of pursuing Masters abroad because of their not-so-stable financial conditions.

If you're someone who is still standing strong and are in a position to afford your Masters program abroad in 2021, then this is your best shot! If you play your cards right, you can turn the tides in your favour by not only beating the competition but also boosting your chances of securing that coveted admit big-time that so many candidates are vying for.

Furthermore, after 2021, things will not be easier as the competition will increase manifolds once the economy improves and that situation will be nothing less than a "Survival of the fittest".

Besides this, if you postpone your Masters' dream for 2 or 3 years from now, we must consider that the right time to pursue it is when your profile is at the pinnacle with an ideal amount of work experience. The very reason that you decided to apply this year perhaps conveys that you need to advance your skills and go for a higher degree.

In conclusion, applying right away can help you skip some part of the competition and might ease out the journey, which will only bolster your chances of securing that elusive admit.

However, if you're still puzzled and can't break this deadlock, don't you worry, because we have got it all covered for you! If you want some more insights regarding this entire process and want us to evaluate your profile objectively, please feel free to reach out to us at rubeusconsultancy@gmail.com with your preferred time, and we will schedule a free counselling call with you.