Many students ask about the average salary with a master’s degree. Read this student guide from Online Masters Colleges (OMC) that provides the answer for this question. 

Frequently Asked Questions

What is the average salary with a master’s degree?

The average salary of an individual with a master’s degree varies based on several factors.

What is the average salary with a master’s degree? – Details

The answer to this question is highly subjective. Salaries vary widely depending on the field of study, the job position, the candidate’s work experience, and the geographical location. In general, people with advanced degrees, such as master’s, tend to earn higher salaries than those with only an undergraduate degree. However, many other factors affect pay, so it is difficult to determine the exact average salary of those having a master’s degree. There are also a few instances where a master’s and bachelor’s degree holder’s salaries are almost similar. 

Nevertheless, as an indicator, here is a list of popular master’s degrees and their average salary compared to bachelor’s degrees: 

Degree/MajorBachelor’s Average Starting SalaryMaster’s Average Starting SalaryDifferential % 
Biology $37,182 $69,353 87 
Business Administration/Management $54,392 $82,372 51 
Human Resource Management $47,860 $68,272 43 
Psychology $37,006 $52,789 43 
Public Health $44,017 $60,624 38 
Social Work $35,622 $48,711 37 
Computer Science $78,603 $104,081 32 
Management Information Systems $62,429 $82,555 32 
Special Education & Teaching $41,772 $52,105 25 
Finance $59,809 $68,678 15 

Featured Online Programs

Southern New Hampshire University

PROGRAM: Online Masters Degrees

Southern New Hampshire University is a private, nonprofit, accredited institution with more than 3,000 on-campus students and over 60,000 online students, making us one of the fastest-growing universities in the country. Founded in 1932, we’ve been relentlessly reinventing higher education ever since and have gained national recognition for our dedication to helping students transform their lives and the lives of those around them.

We’re proud to provide affordable, accessible education that students can pursue on our 300-acre campus in Manchester, NH, over our innovative online platform or at our regional centers in Manchester, Nashua, Portsmouth and Salem, NH, and Brunswick, ME.

SNHU has earned the Best Buy and Best of Business – Best Online Degree awards and is consistently ranked as a top Military Friendly® School by G.I Jobs®.

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