For some students, college is the time to figure out what career they would like to pursue or what field they might prefer to specialize in. However, many students already know what they want to do—for these students, a dual degree may be a helpful option to save time and money on their way to a great career.
A dual degree means you study for an undergraduate and graduate degree at the same time, like with a 4+1 program in engineering, for example. (A 4+1 program may also be called a five-year master’s program, depending on the university or college.)
There are many different types of dual degree and accelerated programs, but they all share a few benefits. With this type of degree program, you can:
Complete undergraduate and graduate coursework in less time
Save money on tuition, housing, and books by finishing school faster
Specialize in one or more areas of study so you can apply to jobs sooner
A dual degree is different from a double major, which is the ability to specialize in two areas of study within your undergraduate degree. With a double major, you study two subjects, but graduate with just one degree—for example, a double major means a student studies for a bachelor’s degree in both computer science and mathematics.
While a dual degree or accelerated degree may be a great fit for some students, other students may feel that a double major is a better option. Let us take a look at what a dual degree really entails, and how to decide if this type of accelerated degree program is right for you.
What is a dual degree?
As we mentioned, a dual degree or accelerated degree is a program that allows you to complete both the undergraduate and master’s level degrees in less time than the traditional path—usually five years, instead of six or seven.
For example, the University of Kansas offers an accelerated law degree program that allows students to earn their undergraduate and graduate law degrees in just six years, saving a whole year of tuition and other costs.
Many dual degree and accelerated options are also available in the sciences. Mercer University’s Integrated Master of Science in Engineering gives students the option to graduate with their master’s degree in five years of study, instead of the usual six.
However, dual degrees also give students the chance to complete multiple advanced degrees in their area of study through intensive coursework.
Let’s say you are a student interested in pharmacology. You can earn a dual doctor of pharmacy and doctor of philosophy degree, or a dual doctor of pharmacy and master of science at the University of the Pacific. These dual degree programs save time and money for students who want to have opportunities in research, academia, and clinical practice.
Many schools now offer dual degree and accelerated degrees in a variety of subjects, like English, nursing, business, and medicine. If you already know you want an advanced degree in a particular subject, be sure to find out what your school offers.
How does a dual degree save money?
We all know college is expensive—there is tuition, housing, food, books, transportation, and more added to your bill. And because many costs tend to increase over time, every year you spend in school means more costs for you and your family. Earning your degrees at once, in less time, is a great way to save money.
Let us look at an example:
The University of Mississippi offers an accelerated law degree which students complete in six years—three in undergraduate, three in law school. One undergraduate credit hour costs $1,041.25 for non-residents (those who do not live in Mississippi). An undergraduate degree requires a minimum of 120 credit hours, which would cost a non-resident $124,950, followed by three years of law school. However, with the accelerated program, the senior year is comprised of thirty-three credit hours that are applied to the first year of law school. This could save the student an estimated $34,361.25 on tuition alone, not to mention an extra year of housing, food, transportation, and books.
Keep in mind that pursuing a dual degree or accelerated degree saves money over time, and not necessarily up front. For instance, if a student is interested in a Masters of Computer Science at Florida International University, they can apply to the accelerated program and complete both their bachelor and master’s degrees at once. However, if they cannot make the commitment to pay for both degrees in the accelerated program, it may be more cost-effective for this student to complete the degrees more slowly, at the traditional pace. When looking at the costs of a dual-degree program, the value and affordability will depend on your particular financial circumstances.
Is a dual degree right for me?
For many students, a dual degree or accelerated degree offers the chance to save money and time while getting a head start on their career. But some students simply are not ready to pursue an advanced degree yet.
If you are not sure, ask yourself a few questions:
Do I need an advanced degree to start my career?
Can I commit to five or six years of school right now?
Would I like to study several subjects in college instead of specializing right away?
Is it important to me to save time on earning my degrees?
The answers to these questions may help guide you as you consider a dual degree, accelerated degree, or double major. Every student is different, and the best way to determine your ideal path is to speak with an advisor.
No matter which path you choose, college is an exciting time to learn more about yourself and begin to think about your career. There are many ways to get started, but the best way is the one that is right for you and your family.
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