Top Masters Degrees That Will Actually Help You Make More Money
We’ve all heard it before. Maybe your grandma or that random person at the networking event told you. There’s no point in getting a master’s degree.
Those people might be buying into the idea that you can get a good job without having a high-level degree. But they’re also not looking at the cold, hard facts. There are some degrees out there that are without a doubt going to make you more money when you pursue your master’s.
If you’re going to invest your time and money into getting a master’s degree, make sure you’re choosing from the top master’s degrees out there.
Top Master’s Degrees Worth Your While
You’re focused on bettering yourself and a master’s degree is an excellent way to do that. Going back to school can definitely improve your life. And while getting the top master’s degree is not always about making money, here’s some food for thought. All salaries are according to the Bureau of Labor Statistics.
Nurse Anesthesia
As a nurse anesthetist, you’re looking at a median pay of $165,000. But yes, to do so, you’re going to have to get that degree. Of course, you’ll start with a Bachelor’s of Science in Nursing.
Once you get that, you move on to obtaining your state licensure. From there, you’ll need to get experience – and earn your master’s degree.
This job often comes along with night shifts and includes emergency situations. It’s definitely a demanding job but can almost guarantee you a six-figure salary if you decide to pursue your master’s in it.
Economics
If you’re good with numbers, a master’s degree in economics could be in your forecast. The median pay for economists is $101,050. It doesn’t take a mathematician to realize that’s a good salary.
With a master’s degree, you’re going to be studying resource distribution, analyzing and collecting data, and evaluating current issues in the economy.
Mathematics
If you get your master’s degree in mathematics, you’re looking at one of the top master’s degrees out there. With a median pay of $129,000 a year, it’s worth all the work.
A master’s degree in mathematics can get you a job as a data scientist, where usually you’re working with a large amount of data to analyze statistics for website monetization for company accounts.
Corporate Finance
When you get a master’s degree in corporate finance, the median salary is $126,000 a year. Mostly, you’ll be studying real-world examples of corporate financial management while working to develop your understanding of the theoretical framework of economics.
With this degree, you can work as a chief financial officer and bring in a salary well over that depending on what company you work for.
Software Engineer
The median salary for people with their master’s degree in software engineering is $102,880. This is a field that’s high in demand, and there are many jobs out there with this specialty on the market.
As of 2016, the growth rate for this job was at 24%, which was twice the national average and is only predicted to be growing.
Political Science
Most people know that to make good money in the field of politics, a master’s degree is required. Good money, in this case, looks like an average of $104,920.
This is a fast-growing field, but in 2012 the average amount of jobs in the United States was at 6,600, which is fairly small. However, the average median pay was almost $50 per hour, which you can’t really complain about.
Aerospace Engineer
Those who earn their master’s degree in aerospace engineering can be expected to earn a median salary of $105,000 annually. As usual, the further into your career you progress, you can be expected to make more money. In particular, though, this field has excellent opportunities for advancement as experience increases.
Petroleum Engineer
As a petroleum engineer with a master’s degree, you’ll be working to develop methods for extracting gas and oil deposits from the earth. And in doing so, you’ll earn a median pay of $130,050, which is a whole lot considering you’re working with dirt. This is another field with positive growth over the past decades.
Degrees You Can Ditch
So you know the top master’s degrees. What about the ones that aren’t actually going to earn you that extra income?
With the obvious caveat that if these degrees are your passion, you should pursue them, here’s some that aren’t worth it when it comes to monetary value.
Librarian
As a librarian, you’re required to have a master’s degree. Yet librarians typically only receive a median salary of $56,160 per year.
Guidance Counselor
As important of a job as it as, and as one that requires a master’s, being a guidance counselor doesn’t pay exceptionally well in the end. The median salary is $53,370.
Museum Conservator
In this job, you’ll help to manage and store museum collections, and requires a master’s degree in conservation. However, you’ll only be earning $39,940 on average. Some of these positions offer a higher salary, but it depends on a number of factors such as location and experience.
So What Do You Do Next?
Alright, so you’re convinced at the very least that you’re going to get a degree of some kind now. Woohoo! There’s a lot to do. But actually, there’s doesn’t have to be. At InterCoast College, you’ll be met with a group of people passionate about reaching their career goals.
You don’t always have to have the top master’s degree to do it – that’s good news, right? In fact, you usually. don’t. InterCoast provides certificate programs for people seeking a wide variety of professions, from dental assistants to paralegal specialists.
Their primary goal is to provide people with the education necessary to get them into the workplace and have a job they’re genuinely happy with. They provide programs for legal, medical, business, and technical industries – and provide financial support.
If you’ve been looking for one of the jobs listed above, but don’t necessarily want to go for your master’s degree, well, you don’t have to. You can get everything you need, and you can even do it online. The salaries also sound pretty nice. So what are you waiting for? Start your dream job today.
