Smart Careers After a Master's Degree - Best and Worst Paying Masters Degrees
Any individual who is passionate about his field of study, the lesser pay and lesser job prospects will not stop you from pursuing a master’s. Individuals may opt for smart careers after master’s degree with high hopes of privileged salary, but that always might not work out the way you though it would.... Increased knowledge in a segment and the skill to stand apart from bachelor’s degree holders - are the two benefits one should be looking at while pursuing a Master’s degree; however, these two aspects might not be sufficient for some individuals.
It although becomes very important that one asks self about a few queries before taking the final call.
- Which are the top online schools for master’s degree and why should I earn a master’s degree?
- Have I opted for the appropriate, required and relevant degree to pursue the decided career?
- Have I listed down the highest paying careers with a master’s degree programs?
- Have I done enough research about the best and worst paying master’s degree for jobs?
- Which master's degrees will yield me the highest starting salaries?
- “Did I gauge the competitive career opportunities and growth projection?”
- “Have I estimated the expenses incurred for this education to ensure projected income compensates it well?”
Do not decide to go for a Master’s degree basis the idea that you will be getting bigger pay checks because; it is not a proven fact that Master’s degree holders earn more than other people in similar jobs. Simultaneously it is also crucial to consider work-life balance and job satisfaction for the aspirants.
Although it depends on the subject and which master’s degree you select to attain a high-paying career in a field you would love to work. Selecting an appropriate and high-paying master's degree also becomes important if one has or is going to make arrangements for necessary financial aid. A few science stream master's degrees are high salaried, whereas a few including master's degree in business administration can be looked at as safe stake. Though the entry-level compensation may be average, after considerable experience of a few years after graduation; one can be optimistic to earn well. Read more
A list proposed by Schoolanduniversity.com of eight high-paying master's degrees might be considered for reference:
Master’s in engineering management
A postgraduate degree - with a median annual pay of $124,995; are mainly responsible to articulate the management concepts through engineering technology to allow science wiz to understand and learn the commercial side of the field. Undergraduates and apprentice; get analytical tools with trade and industrial aspect to help investors and companies get their conceptual idea take off.
Master’s in physics
A postgraduate physics degree with a median annual pay of $103,388; sheer in science with practical use, might open up the gates to research and development. Quantum physics, solar physics and Atmospheric physics are some of the top lined areas. One can also select applied physics master's programs which focus more on abilities required for careers at large business.
Doctor of Pharmacy
Pharmacists in the United States are required to accomplish Pharm.D. Degree and not a master's degree, and then they are allowed to practice. The four-year degree helps pharmacists to earn a median annual pay of $117,475 and also to enhance their understanding of prescribed drugs and their effects on the humans. Graduates with Pharm.D. Degrees are also found coaching college-level classes in pharmacology.
Master’s in petroleum engineering
Petroleum energy industry employs engineers with Master’s in petroleum engineering for various areas with an annual median pay of approx $112,825. Engineers study working in mining and drilling arrangements and how to utilise numerical fundamentals to design the future path. Petroleum engineers have careers at some of the world's largest energy corporations with amazing pay and perk.
Master of Business Administration
This master's degree with a annual median wage of $ 422,882 emphasises more on real time strategies and dynamic work environment leading which prepares graduates to make careers into the corporate sector. Looked upon in all areas of business, an MBA might be of great help to jump up a few steps on the corporate staircase; manly business schools also offer precious employment prospects.
Master’s in computer science
In this technical boom and globalisation, individuals with advanced expertise and experience have plenty of career openings to work for some of the gigantic names in the market with an average median annual wage of $96,631. Career aspirants develop tools and applications for areas including computer safety measures, computer playoffs, records and robotics. Specialization in a specific segment might enhance one's job prospects.
Master’s in human resources
Functioning with job seekers to find the appropriate fit in an organization along with personnel matters and bridging the gap between psychology and business know-how; enhances one’s future prospects. With an annual median pay of $96,580; human resources managers need to become skilled to deal with concerns promptly and resourcefully, considering the company goals at the same time. In a lot of companies, HR managers play fundamental and essential job in assisting the company functions.
Master’s in economics
Professionals with annual median wage of $106,440; work with economic theory and possess postgraduate economics degrees have lots of career options. Theoretical knowledge and purposeful degrees will lead and prepare students towards doctoral work in the same segment. There are a few more degrees in economics which allows the aspirants to work with real time scenarios and move to careers in public finance or agricultural economics.