Highest Paying Master’s Degrees
According to a BLS study In 2013, the median annual wage for full-time workers ages 25 and over whose highest level of education was a master’s degree was $68,000, compared with $56,000 for those whose highest level was a bachelor’s degree—a $12,000 a year wage premium. But, apart from the earning potential, earning a master’s degree advances one’s chances of career development and helps you develop specialist knowledge, which helps get more job opportunities and change into a new career if one so desired. While in some occupations, you’re likely to need a master’s degree to qualify for entry-level jobs. So, in essence, doing a master’s degree would help in ways far beyond one can assess unless it was done. But it would be good to see the paying potential for the investment of time, and money one makes for doing the masters. This article discusses the highest paying master’s degrees and the full details of those degrees and schools that offer the highest paying master’s degrees.
What are the highest-paying master’s degrees?
Here is a list of highest paying master’ degrees:
- Master of Science in Computer Science
- MBA in Marketing
- MBA in Strategy
- Master of Arts in Political Science
- Master of Arts Public Relation
- Master of Science in Nursing
- Master of Science in Finance
- Master’s in healthcare administration
- Master of Science in Statistics
- Master of Science in Economics
- Master of Science in Physics
- Master of Science in Psychology
- Master of Science in Petroleum Engineering
- Master of Science in Applied Mathematics
- Master of Taxation
Which schools offer the Highest Paying Master’s Degrees?
Here is a list of schools that offer the Highest Paying Master’s Degrees:
- Georgia Institute of Technology
- University of North Carolina, Chapel Hill
- University of Texas, Dallas
- Virginia Polytechnic Institute and State University
- Villanova University
- Ohio State University
- Marist College
- North Carolina State University
- Johns Hopkins University
- University of Michigan, Ann Arbor
- Touro University Worldwide
- University of Texas, Austin
- Texas A&M University, College Station
- Northeastern University
- Northern State University
FAQs about Highest Paying Master’s Degrees
Do the Highest Paying Masters Degrees guaranteed to get the Highest Pay?
No. The highest paid Master’s Degrees collected in this guide estimate pay if the student graduates and reaches the height of career in that field. Therefore, students need to consider many other aspects such as their skills, experience, etc.
How much does a master’s increase your Salary?
In 2013, the median annual wage for full-time workers ages 25 and over whose highest level of education was a master’s degree was $68,000, compared with $56,000 for those whose highest level was a bachelor’s degree—a $12,000 a year wage premium. Not all workers earn a premium.
Does it help to get to higher-paying careers by having two master’s degrees?
Yes, two graduate degrees will make you more well-rounded, help you hone high-level skills, and possibly qualify you for a greater number of jobs. But it does not guarantee to land the highest paid careers.
Even without highest-paid master’s degree, are general master’s degrees worth it?
A master’s degree is a financial investment—and it could be a big one. … According to the Bureau of Labor Statistics, the average median weekly earnings for a person with a master’s degree is $1,434, compared to $1,198 for people with a bachelor’s degree and $730 for a high school diploma.
What is the average master’s degree salary?
Individuals who continue their education to the graduate level and earn their master’s degree earn an average wage of $1,497 per week or $77,844 per year. At 2.0 percent, their unemployment rate is slightly lower than bachelor’s degree holders.
Do students enrolled in the highest-paid master’s degrees students get paid?
Colleges may pay graduate students who work at the school via a stipend or a salary. Generally, the key differences between these options are as follows: Stipends are for students. You receive this funding as part of an assistantship or fellowship from the school.