Vocational Degree

AAA

DEFINITION of 'Vocational Degree'

An educational certificate that specifically prepares an individual to work in a chosen field. By contrast, a college undergraduate degree focuses on developing an individual's all-around intelligence and critical-thinking skills, but may not prepare an individual for a specific job, depending on the major that is chosen. Vocational degrees offer training for careers such as medical coding and billing, auto mechanics, cosmetology, electrical work and legal secretary work, among many others.

INVESTOPEDIA EXPLAINS 'Vocational Degree'

Sometimes it is possible to get a bachelor's (college undergraduate) degree in a program that is also offered as a vocational degree, but not all vocational degrees can be obtained through a traditional four-year college. For example, it is possible to become a paralegal by completing law school or by completing a paralegal vocational degree, but few, if any, colleges offer bachelor's degrees in cosmetology.

RELATED TERMS
  1. Qualified Higher Education Expense

    Expenses such as tuition and tuition related expenses that an ...
  2. Student Loan Interest Deduction

    A tax deduction for interest paid on higher education loans during ...
  3. Education IRA

    A savings plan for higher education. Parents and guardians are ...
  4. Full-Time Student

    A status that is important for determining dependency exemptions. ...
  5. Lifetime Learning Credit

    A provision of the U.S. federal income tax code that lets parents ...
  6. Free Application For Federal Student ...

    The form that must be completed in order to qualify for any type ...
Related Articles
  1. Avoid The Generation Debt Trap
    Credit & Loans

    Avoid The Generation Debt Trap

  2. College Loans: Private Vs. Federal
    Credit & Loans

    College Loans: Private Vs. Federal

  3. Budgeting While You're In College
    Budgeting

    Budgeting While You're In College

  4. Student Loan Debt: Is Consolidation ...
    Retirement

    Student Loan Debt: Is Consolidation ...

comments powered by Disqus
Hot Definitions
  1. 80-10-10 Mortgage

    A mortgage transaction in which a first and second mortgage are simultaneously originated. The first position lien has an ...
  2. Passive ETF

    One of two types of exchange-traded funds (ETFs) available for investors. Passive ETFs are index funds that track a specific ...
  3. Walras' Law

    An economics law that suggests that the existence of excess supply in one market must be matched by excess demand in another ...
  4. Market Segmentation

    A marketing term referring to the aggregating of prospective buyers into groups (segments) that have common needs and will ...
  5. Effective Annual Interest Rate

    An investment's annual rate of interest when compounding occurs more often than once a year. Calculated as the following: ...
  6. Debit Spread

    Two options with different market prices that an investor trades on the same underlying security. The higher priced option ...
Trading Center