I have always been of the opinion that you can’t learn practical skills in a class room, practical comes with years of hands on experience, being thrown in the deep end and being able to keep your head above water.
Forbes ran an article mid last year on the 10 best and 10 worst masters degrees that will advance your career and Human Resources came number 10 on the worst list. http://www.forbes.com/pictures/efkk45ifij/no-10-worst-masters-degree-for-jobs-human-resources-management That is not to say that continuing studies such as taking a Diploma to a degree, a Degree to a Masters is not going to support your climb of the corporate ladder, quite to contrary, there are organisations that won’t look at hiring at the Senior Management level unless the applicant is degree qualified.
On the flipside a candidate without solid tenure and relevant experience that has been gained over a number of years are favoured. Further education is especially relevant if you want to take a specialist route with your career. Furthering your education requires a solid commitment, most of us work full time and have families, trying to study on top of that can be challenging to say the least.
Before making your decision on whether to up skill and make that commitment have a long think about where you want to be, is it sitting on the top of that ladder for a large Global, being the Director of a specialist area, or are you just as motivated to work for a smaller run organisation that looks at experience as the Master accomplishment.