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A postgraduate qualification is obligatory in some jobs and, for those in which it is not, additional qualifications generally command higher salaries. Having a postgraduate or professional qualification is also likely to increase your likelihood of obtaining a job in a professional or managerial field. While 30% of graduates with first degrees secure such a job, this figure rises to 45% for masters graduates and 81% of research graduates. Even if you don’t want a managerial career, recent research highlighted that most graduates with higher degrees or diplomas were in work or further study within a year of completing a course.

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