Career Builder editor Kate Lorenz explains that the specific type of degree required for a promotion varies by industry; its importance depends on the number of qualified applicants for any given position. However, in general, a person with a higher-level degree than peers in his position is more apt to get promoted to the next level in his career. Senior management promotions often require advanced degrees.
In some career fields, a one-year certificate or a two-year associate degree helps one get promoted beyond an entry-level position. A trade worker, for instance, is often eligible for a team leader or management role with a two-year trade degree.
In some organizations, a bachelor's degree is required to reach mid-level management positions. Some companies even require that a person hold a bachelor's to move from an entry-level role to a low-level management job. Nurses can gain a promotion to head nurse or a nurse-manager position by earning a bachelor of nursing on top of a certificate or associate degree.
Advanced degrees, including master's and doctoral degrees, often provide access to senior-level management or executive roles in an organization. A master of business administration, or MBA degree, is a common stepping stone for a mid-level business manager who wants to get promoted to an executive-level position. A pharmacy technician must earn a doctoral degree to become a pharmacist.