There are many factors which should be considered before applying the graduate programs so here I am providing you information about the same.

Comparing Programs

Almost as soon as you begin the process of choosing a graduate school, you will realize there are certain aspects of a graduate program that are vitally important to you.

You will certainly want to learn a particular subject, and might want a precise specialization or research interest to be available.

You might want a certain location for personal reasons, or access to a city or a region of the country that is optimal for your field.

The price and the competitiveness of different programs are also factors in the decision-making process, although in the early stages you should give yourself a wide range of options in both categories.

Deciding on these basic requirements will help you eliminate programs that don't fit the basic criteria you want.

Even after you've eliminated programs that don't fit your basic criteria, you will still have choices to make.

You need to know how to investigate and compare programs.

Factors considered for graduate schools

Below are three financial factors all students should consider when choosing between multiple grad school offers.

1. Funding:

Three types of funding exist for graduate students on the academic path – loans, academic appointments and fellowships – and students often receive all three.

Teaching and research appointments are considered employment by most institutions, so students not only receive a salary, but their tuition and fees are also waived, he adds.

2. Time and tuition: The length of a master’s program can vary from school to school, even within the same discipline. The cost can differ drastically, too.

At the University of Miami’s School of Business Administration, for example, students can earn an MBA in one year.

Tuition and fees for the 12-month program totaled $56,272 for the 2013-2014 school year.

The school’s two-year program during the same time frame was nearly $42,500, but that is just for one year.

3. Job prospects:

For grad school to be a good investment, students need to be able to land a job after graduation.

A lot of business schools and law schools tout employment rates on websites and brochures,