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Major crimes like espionage, theft, blackmail and fraud used to be perpetrated by people on the ground in companies and governments around the world. Now, all of these crimes and more can be committed sitting behind a computer screen.
Cybercrime is the new battlefront for companies and governments across the globe. The majority of these crimes are motivated by money—and according to Cybercrime Magazine, cybercrime is expected to cost the world $6 trillion dollars by 2021.
As the prevalence and damage caused by cybercrime rapidly grow, so does the demand for cybersecurity specialists. But do you really need a master’s degree to get ahead in this profession.
Job projections for cybersecurity are staggering. The Bureau of Labor Statistics predicts that careers in the cybersecurity field will grow by 32% by 2028. That makes cybersecurity one of the top 10 fastest-growing jobs in the country.
“Cybersecurity is a field that’s in demand in nearly every industry,” says Todd Whittaker, Department Chair of Computer and Information Sciences and Program Chair of the Master’s Degree in Cybersecurity at Franklin University, “Because cybercrime has a real impact on finances, brand reputation and trust, and everyday people’s lives, corporations large and small, governments, and academic institutions—they’re all looking for cybersecurity experts to keep up with the rapid change and sophistication of cybercrime.”
In the United States alone, jobs for Information Security Analysts are expected to grow by 15% by 2024.
Not only is demand growing, but there’s also an expanding gap between supply and demand. Cybersecurity Ventures synthesized dozens of employment figures from the media, analysts, job boards, vendors, governments, and organizations globally to predict there will be 3.5 million unfilled cybersecurity positions by 2021.
A bachelor's degree and experience is a great start. But, a master's degree in cybersecurity can really set you ahead by leveling up your skills and opening up new opportunities.
A master’s degree is a big investment in time, energy and finances. But if you’re committed to completing your master’s degree in cybersecurity, it can have an extremely positive impact on your career.
These are five of the top reasons to invest in a cybersecurity master’s degree.
Another consideration when pursuing cybersecurity credentials is professional certifications. Many professionals wonder if they should get a master’s degree, a professional certification, or some combination of the two. Here is a high-level explanation of the benefits and/or drawbacks of each type of credential.
Certifications are generally good for people with little practical experience because they are known quantities in the industry and can help you get your foot in the door. They set a minimum knowledge bar. But some certifications are viewed more favorably than others. Certifications with renewal requirements are viewed better by hiring managers, but they also more costly in the long run because of the need for continuing education.
Certifications are also good for showing in-depth expertise in a specialization within cybersecurity. Depending on your career goals, it may be advantageous to have a master’s degree—which shows your breadth of knowledge, critical thinking and leadership skills—and a certificate—which shows specific skill competency.
Here are three of the most sought-after professional certifications in cybersecurity:
Growth in the cybersecurity field not only increases the number of opportunities but also the variety. A master’s degree gives you the most flexibility when it comes to choosing a cybersecurity career path, showcasing your ability to master both the technical and interpersonal sophistication required at senior, management and executive levels.
Here are five different career paths that are well-suited to master’s education in cybersecurity.
Increasing demand, job security, and high salaries all make a career in cybersecurity a promising option for technology professionals. Getting a master’s degree in cybersecurity can set you apart from other IT professionals who don’t have specialized credentials.
If you’re a working professional who wants to advance—without taking time away from your career—Franklin University’s Master’s Degree in Cybersecurity provides a flexible, online, and hands-on program that’s designed and taught by cybersecurity experts. Franklin University is also the only private, nonprofit university in Ohio with any program designated by the NSA for excellence in cybersecurity education. Explore Franklin’s cybersecurity master’s program to see how it can set you up for career success.