Acceptance standards for master's and Ph.D. physics programs vary by institution, with many schools initially admitting students to a master's program before allowing them to transfer to a Ph.D. program after a year, often contingent on passing an exam. While some programs may appear to have lower standards for master's admissions, applicants still need to meet the university's criteria. The distinction between master's and Ph.D. acceptance can significantly impact funding opportunities, as strong master's candidates may be viewed differently than average Ph.D. applicants. Completing a master's program can enhance an applicant's profile for future Ph.D. applications and funding. Ultimately, if funding is available, pursuing a Ph.D. directly is recommended over starting with a master's.