At one time a university degree offered a competitive advantage. Today it has almost become a necessity. We need specialised knowledge and skills in order to survive and a university education provides the basis.
A university degree is not a single product. There are numerous ways of classifying the degrees on offer. The most common classification is based on the extent of study required to obtain the degree. The simplest degree is the Associate Degree. Unfortunately it does not have much worth. All it says that you did come here but did not get to first base. For all practical purposes the first base is the Bachelor’s Degree, which signifies the completion of undergraduate studies. On completion of postgraduate studies the Master’s Degree is awarded. Further studies and research results in the Doctorate Degree, which is commonly known as the Ph.D. Acquisition of this degree signifies that one has reached the cutting edge of knowledge.
Another way of classifying a university degree is according the stream of knowledge. There are science degrees offered in subjects such as physics, chemistry and mathematics. Engineering degrees are offered in...