A second degree opens up new opportunities – be it for professional reorientation, specialization or out of pure interest. But in addition to motivation, good planning and clear information about costs, approval and organization are also important. Here we show what students should definitely pay attention to.

Why a second degree? Motives and opportunities

A second degree can be attractive for very different reasons. Many people decide to do this because they want to reorient themselves professionally – be it because they see no prospects in their original professional field or because they want to shape their future in a completely different area. Others use their second degree to specialize in a targeted manner or to meaningfully complement their first degree, for example with a business or legal subject.

Personal interests also play an important role: those who have always had a passion for a particular topic often use their second degree to fulfill this wish. In addition, in difficult economic times, it can be a valuable interim solution to further your training and bridge the time until better job opportunities. It is important to think carefully in advance about what you want to achieve with your second degree – this is the only way the additional effort can really be worth it in the end.

Requirements, costs and formalities

Anyone planning a second degree should find out about the requirements and costs early on. The following generally applies: A second course of study only begins after completing a first course of study with an undergraduate degree such as a bachelor’s degree, diploma or state examination. Admission can be stricter depending on the university – applicants often have to explain their specific reasons, for example in a letter of motivation.

An important aspect is the costs. In many federal states there are special fees for a second degree program that differ significantly from the regular semester fees. There are also restrictions with BAföG: funding is only possible in exceptional cases, for example if the second degree is taken up for compelling professional reasons. Students should also check what their health insurance is like. After completing your first degree, you are often no longer entitled to cheap student health insurance. Additional documents are also required when applying and enrolling, including the certificate of completion of your first degree and possibly a letter of motivation. If you are well prepared here, you can avoid surprises later.

Tips for planning and organization

A second degree requires not only motivation, but also careful planning. The first step is thorough research: Which course of study suits your goals, which university offers the best conditions, and what career prospects arise from this? Financial planning is just as important. In addition to tuition fees, living costs, possible scholarships or part-time jobs also need to be taken into account. Early calculations help to avoid financial bottlenecks. Time management also plays a central role. Many second students combine their studies with a part-time job or family obligations. In order to reduce the burden, it is worthwhile to have the coursework you have already achieved from your first degree credited towards your second degree. In addition, the student advisors and student councils at the universities offer valuable support with questions about choosing a course of study, organizing and applying.

Last but not least, exchanges with other understudies can provide valuable insights. Networks and reports help you to better master typical challenges and stay motivated. If you are well prepared, you increase your chances of success and can make the most of your second degree as an opportunity.

Editorial team finanzen.net

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