Women gain more than men from master’s degrees, finds IFS

Women gain more than men from master’s degrees, finds IFS

Women get the greatest financial benefits from taking postgraduate degrees although their pay levels still lag well behind those of men with master's and doctorates, according to research published by the Institute for Fiscal Studies.The study of people who took master's degrees earlier in their career found that – compared to similar individuals with undergraduate degrees – women gained a pay bonus worth 2% of their income, while men had a -2% effect compared with what they would have earned without a postgraduate qualification.By the age of 35 a woman with a master's degree was earning more than £35,000 a year on average, compared with £32,000 for those with just an bachelor's degree. For men, master's graduates earned £55,800 on average, £5,000 above those with an undergraduate degree.But the IFS