1. if the job requires 5 years experience, you may still qualify if you have at least a master's degree in the field
2.if job requires a Ph.D., you may still qualify if you have masters degree only and related experience working in the field
3.if the job requires a Ph.D., you may still qualify if you have a masters degree only from a really good school and an excellent grade point average
4. if the job requires a Ph.D., you may still qualify if you have a masters degree only and will accept a lower salary