The Booming Market for Specialized Master’s Degrees

Photograph by Hillsman Stuart Jackson/Soutern Methodist Cox School

About five years ago, the University of Maryland’s Smith School of Business had an approach to one-year specialized master’s degrees that was fairly typical among business schools. It offered just one MS in Business program, a degree in accounting that helped students get specialized knowledge about the industry and a leg up in the job market. The program was so large and thriving that the school’s leadership soon started thinking about dipping its toe further into the marketplace, says Ken White, the school’s associate dean of MBA and MS programs.

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