So many fresh graduates continue their master’s degree because it is difficult to get a job in this job market. Truth be told, it is not the main solution to the unemployment problem.
Looking at the results of the Consumer Survey released by Bank Indonesia as of March 2024, a survey that measures the level of consumer confidence in economic conditions six months from now compared to now. The expectations index for the master’s degree respondent group plummeted by 20.4 points, from 152.4 in February to 132.0 in March 2024.
Shown in the previous data, they are unsure about the availability of sufficient jobs in the future.
Sure… master’s degree is useful, but only if you know why you need it.
Let’s take step back to think that sometimes we feel like we have to get master’s degree, when in reality the job market needs are more relevant skills. Realistically, fresh graduates should evaluate and find alternative steps to take before deciding to pursue a master’s degree. Pursuing a master’s degree isn’t a shortcut.
First thing first, you need to understand market needs and your own capabilities. A master’s degree does not automatically make people more employable if the main problem is a skill gap.
Then what should i do?
Evaluate and improve your skills by taking courses, build experience through freelancing, internships, collaborative projects. Continue your master’s degree only if you really need specialization, not because you run out of options.
