dcsimg

Four high-paying careers that require a master's degree

Although plenty of people only need a bachelor's degree for their career, for others, earning a master's degree can be both a good career and financial decision. The Bureau of Labor Statistics (BLS) reports that the median weekly wages for people who had a bachelor's degree in 2013 was $1,108. That number jumped to $1,329 for people who had a master's degree.

In addition to the potential to earn higher wages, people who complete graduate programs may put themselves in line for a promotion. Some companies have degree attainment requirements for certain positions or have a cap on the amount of responsibilities someone may take on without an advanced degree.

And if you've thought about switching careers, earning a master's degree may be vital to supporting that transition. Some companies and organizations may require employees in certain roles to hold a master's degree, and they won't even consider applicants without one. This may hold particularly true for certain careers in business.

Even if you've worked in the business world for years, you may never get your foot in the door without a Master's in Business Administration (MBA). Here are four high-paying careers that traditionally require a master's degree for employment, with some additional information from the BLS.

Career May 2013 National Median Annual Wage (2013) Responsibilities
Physician Assistant $92,970 Perform exams on patients; provide treatment; prescribe medicine; diagnose illnesses and injuries.
Nurse Practitioner $92,670 Work as primary and specialty-care providers; may work with individual segments of the population to provide health information and care; prescribe medicine; order medical tests.
Information Security Analyst $88,590 Watch for security breaches in a company's network; document the damages created by security breaches; protect sensitive information through the use of software and programs; create best practices within an organization to limit the chances of a security breach.
Industrial-Organizational Psychologist $80,330 Work with management to improve the quality of life within an organization; help with employee hiring and training; study the existing management style and make improvements where needed.

Those considering earning a master's degree should conduct research and speak to employers in their field to discover the potential benefits of advancing their education.

Sources:

Earnings and unemployment rates by educational attainment, Bureau of Labor Statistics, Employment Projections, March 24, 2014, http://www.bls.gov/emp/ep_chart_001.htm

Industrial-Organizational Psychologists, Bureau of Labor Statistics, Occupational Employment and Wages, May 2013, http://www.bls.gov/oes/current/oes193032.htm

Information Security Analysts, Bureau of Labor Statistics, Occupational Employment and Wages, May 2013, http://www.bls.gov/oes/current/oes151122.htm

Information Security Analysts, Bureau of Labor Statistics, Occupational Outlook Handbook, January 8, 2014, http://www.bls.gov/ooh/computer-and-information-technology/information-security-analysts.htm

Nurse Anesthetists, Nurse Midwives, and Nurse Practitioners, Bureau of Labor Statistics, Occupational Outlook Handbook, January 8, 2014, http://www.bls.gov/ooh/healthcare/nurse-anesthetists-nurse-midwives-and-nurse-practitioners.htm

Nurse Practitioners, Bureau of Labor Statistics, Occupational Employment and Wages, May 2013, http://www.bls.gov/oes/current/oes291171.htm

Psychologists, Bureau of Labor Statistics, Occupational Outlook Handbook, Bureau of Labor Statistics, January 8, 2014, http://www.bls.gov/ooh/life-physical-and-social-science/psychologists.htm

Physician Assistants, Bureau of Labor Statistics, Occupational Employment and Wages, May 2013, http://www.bls.gov/oes/current/oes291071.htm

Physician Assistants, Bureau of Labor Statistics, Occupational Outlook Handbook, January 8, 2014, http://www.bls.gov/ooh/healthcare/physician-assistants.htm

Schools
Refine School Matches
Hide filters
  • SUBJECT Clear All

    See More

  • DEGREE

    See More

  • PROGRAM TYPE

  • START TIME

    LOCATION
    Please enter valid US or Canada Zip.
            Results open in new window

            Showing schools in your area

            Matching School Ads
            • Liberty University provides a worldclass education from a christ-centered worldview
            • 100% online programs at associate, bachelor’s, master’s, and doctoral levels
            • No standardized testing if student meets admission requirements
            • Accredited by the Southern Association of Colleges and Schools Commission on Colleges
            • 95% of Liberty University students receive some form of financial aid
            • Accredited
            • Online Courses
            • Financial Aid
            • Transferable Credits
            • Associate’s, Bachelor’s, and Master’s degrees available in a wide range of fields.
            • Flexible online programs offered in Psychology, Criminal Justice, Education, and more.
            • Assigned Financial Services Advisors to help answer student financial questions.
            • Servicemembers and their spouses can apply for the Ashford Military Grant to reduce tuition for all undergraduate courses.
            • Accredited
            • Online Courses
            • Financial Aid
            • Transferable Credits
            • RC believes that true learning takes place in a setting that values the individual
            • NEASC accredited with a catholic-centered education & Weston, MA campus
            • 44% of the Class of 2016 secured full-time professional employment at graduation
            • Over 90 percent of undergraduates receive some form of financial assistance
            • 40 percent of degree-seeking undergrads are first-generation college students
            Show more [+]
            • Online Courses
            • An online education institution dedicated to the study of Business Administration and Management.
            • Provides guidance and support for each student from their first course to graduation and beyond through its Academic Mentoring program.
            • Accepts transfer credits from accredited colleges and universities based on a course-by-course evaluation.
            • Offers flexible payment plans designed to help students find the best options for their specific needs including scholarships, fellowships, and employer-sponsored tuition.
            Show more [+]
            • Accredited
            • Online Courses
            • Financial Aid
            • Transferable Credits
            Since 1977, Keiser University has maintained a practical, hands-on approach to career-focused education to help our students achieve their personal and professional goals.  Our student-centered approach remains at the foundation of the Keiser University mission and continues to attract students who prefer a more personal learning experience. 
             
            At Keiser University, you will find a warm, friendly community with faculty and staff truly committed to your success.  Our small class sizes, individualized attention, and one-class-at-a-time schedules create a positive learning environment where you can excel.  Whether your goal is to prepare for a new career or to advance with your current employer, Keiser University is designed around your needs. 
             
            Keiser University Advantage
            • Associate, Bachelor's, Master's and Doctoral degree programs
            • Day, Evening, and Online Classes
            • Financial Aid to Those Who Qualify
            • Job Placement Assistance Available
            • Military-friendly, scholarships for qualified active duty personnel, Veterans, and dependants.  Yellow Ribbon program participant, approved for Veterans training
             
            Programs and delivery format vary by campus. Courses are subject to change.
             
            Keiser University's programs and curriculum remain in-line with technology and workforce trends, helping you develop the skills and qualifications necessary to succeed in today's job market.  Our career-focused programs make it possible for you to graduate in less time than you may think. 
             
            Keiser University is a private, not-for-profit university.
            Show more [+]
            • Online Courses
            • Northcentral University was founded in 1996 to provide working professionals around the world with unprecedented access to richly engaging, professionally relevant, and academically-rigorous education from a U.S. university.
            • As a regionally accredited, private, online and graduate-focused university, NCU offers doctoral, master’s and bachelor’s degrees in business, technology management, education, and psychology, as well as doctoral and master’s degrees in marriage and family therapy.
            • Accredited
            • Online Courses
            • Financial Aid
            • Transferable Credits
            • Ranked one of the Best National Universities in 2015 by U.S. News and World Report.
            • Ranked 31st among the Best Colleges for Veterans in 2015 by U.S. News and World Report.
            • A member of the esteemed Association of American Universities (AAU), one of 62 leading public and private research universities in the U.S. and Canada.
            • Leading a first-of-its-kind mission to send a spacecraft to a near-Earth asteroid in 2020.
            Show more [+]
            • Online Courses

            CSU-Pueblo Online gives you the educational opportunities you need, with the flexibility you want, so you can earn or complete your degree for a better future. Whether you want a career change, a promotion, or the satisfaction of knowing you can, an online degree from CSU-Pueblo could be the right fit for you.

            Learn more and join the virtual pack at CSU-Pueblo Online!

            • Online Courses
            • A pioneering education for students, integrated with professional experience
            • Simmons is accredited by the Commission for Institutions of Higher Education
            • Approximately 1,700 undergraduate women students, 4,000 co-ed grad students
            • Academic & technology support, health & wellness services, & career development
            • Named a "Best College" by US News & World Report, The Princeton Review, & Forbes
            Show more [+]
            • Online Courses

            You can receive a top-notch education in a flexible environment. Learn more about the Villanova online learning experience and the difference that sets us apart by further exploring our online programs.

             

            Rankings- Villanova University is consistently ranked among the best in the nation

            • The Villanova School of Business (VSB) was recognized among the top schools in the nation on the U.S. News & World Report's annual Best Online Graduate Business Programs ranking, earning the #1 rank. 
            • Villanova University was recognized among the top schools in the nation on the U.S. News & World Report's annual Best Online MBA Programs.
            • Villanova University Charles Widger School of Law is approved by the Council of the Section of Legal Education and Admissions to the Bar of the American Bar Association, 321 North Clark Street, Chicago, IL 60654, (312) 988-6738.  21 North Clark Street, Chicago, IL 60654, (312) 988-6738.
            • Online Courses