Diploma or Certification Which Means More Money?

Before we answer that very basic question we need to say you should also factor in the time it takes to get to your goal and how much it will cost to reach that level of education. I think a doctor would be a great example. 

Medscape, a subsidiary of the medical information website WebMD, has released its 2015 Physician Compensation Report. The data in the report come from more than 19,500 doctors in 26 specialties who responded to Medscape's annual survey with information on their compensation for 2014. The average primary care doctor made $195,000. But those averages hide quite a bit of variability based on different factors. The average cost and the number of years to reach that title of M.D. is close to $200,000 up to a quarter of a million dollars. The education takes from 11 to 15 years depending on the field of study.

The average project manager earns just under $100,000 per year and most have a BS or BA degree which costs well under $40,000 dollars.  You can add your PMP PMI certification for under $3,000 and over a four-day period and raise your salary by over $15,000 per year. Which path and compensation sounds most appealing to you?

Certificates are the fastest-growing college credential, with a big wage payoff. But earnings mostly go to men, and the certificate remains largely misunderstood in "completion agenda." Certificates are earned through seat time in a classroom, the study notes, with more than half taking less than a year to complete. Industry-based certifications, which are often confused with certificates, are typically awarded based on tests. Over all, a certificate is the highest form of education held by about 1 in 10 American workers, according to the study, which collected and crunched data from several government sources. And certificate holders earn 20 percent more than workers who hold only a high school diploma.

Part of the attraction of certificate programs is that they generally don't take long to complete. However, conventional wisdom has often held that short-term programs -- lasting a year or less -- are of limited value in the work force. That is not the case, the study found. After removing health care certificates from the mix, the “relationship between earnings and program length largely disappears.”

Our Project Management Professional Certification Classroom Prep Course has been prepared by PMstudy – a global leader in PMP certification training which has enabled over 200,000 students to succeed at a rate of 98.7%. This exhaustive classroom preparatory course has been designed with your success in mind. We offer both online and classroom course paths. Use four full-length simulated exams designed on the lines of the actual exam.

If you’d like to know about PMP Certification, go to www.leapuniversity.biz for more info.

Leap University LLC
315 West Elliot Road
Tempe Arizona 85284
don@leapinnovation.com
http://leapuniversity.biz