Education Career Articles

Connect Facebook Connect Twitter Connect Google+ Connect Pinterest Connect Stumbleupon

Master’s Degrees that Attract the Best Jobs and Wages

Higher Education Articles November 14, 2015

Below you will get an overview of job titles and type of degrees that will influence your salaries when you’ve earned your master’s degree.

Best Jobs and Wages for those with a Master’s Degree

Research conducted on the subject by PayScale.com in 2013 has enabled Forbes.com to analyze mid-career median wage levels for 35 common master’s degrees and the most common employment opportunities for holders of one of these degrees. The mid-career professionals considered by Forbes.com for the compilation were 43 years old on average and boasted 15 years of work experience.

The following table list the top master’s degrees ordered by the quantum of wages attracted by holders of these degrees:

Major Early Career Pay Mid-Career Pay
Computer Engineering (CE) $85,000 $121,000
Computer Science (CS) $81,200 $121,000
Computer Science (CS) & Mathematics $80,000 $121,000
Materials Science & Engineering $70,300 $122,000
Operations Research $80,300 $122,000
Chemical Engineering $72,900 $124,000
Electronics & Communications Engineering $84,300 $125,000
Technology Management $63,600 $125,000
Biomedical Engineering (BME) $68,400 $126,000
Electrical Engineering (EE) $78,900 $126,000
Taxation $60,700 $126,000
Computer Science (CS) & Engineering $89,000 $127,000
Electrical & Computer Engineering (ECE) $80,600 $128,000
Nurse Anesthesia $139,000 $159,000
Petroleum Engineering $96,500 $173,000

Employment Opportunities and Wage Outlook for Top Three Degrees

Master of Science in Electrical Engineering (M.S.E.E.), Master of Science in Finance (M.S.F.), and Master of Science (M.S.) in Physics are the top three degrees that offer the best jobs and highest wages to the degree holders. The following job opportunities and corresponding wages are available to holders of one of the top three degrees (data is from the 10th through 90th percentiles) (PayScale.com in August 2014).

A holder of a Master of Science in Electrical Engineering (M.S.E.E.) can choose to become an electrical engineer and earn wages in the $59,979 – $109,960 range. Alternatively, they may become a software engineer earning in the $59,933 – $112,413 range or a hardware engineer with wages in the range of $68,229 – $111,023.

A holder of a Master of Science in Finance (M.S.F.) can choose to become a financial analyst and earn wages in the $46,727 – $75,893 range. Alternatively, they may become an investment analyst earning in the $51,380 – $78,372 range or a finance manager with wages in the range of $67,187 – $131,778.

A holder of a Master of Science (M.S.) in Physics can choose to become a physicist and earn wages in the $49,329 – $132,704 range. Alternatively, they may become a high school teacher earning in the $30,021 – $119,195 range or a research scientist with wages in the range of $57,708 – $98,278.

Searching Searching ...

Matching School Ads
5 Program(s) Found
  • Bachelor degree programs include English, Education, Mathematics, Theatre, Biophysical Sciences, Christian Ministry, and more.
  • Ranked among the Best Online Graduate Education Programs in 2016 by U.S. News & World Report.
  • Regent’s School of Education has yielded a 95% pass rate on the School Leadership Licensure Assessment.
  • Regionally accredited by the Southern Association of Colleges and Schools Commission on Colleges (SACSCOC).
  • Online Courses
5 Program(s) Found
  • Ranked among top Regional Universities in the South by U.S. News and World Report in 2015.
  • Ranked 37th among the Best Colleges for Veterans by U.S. News and World Report in 2015.
  • Stands as the largest private, nonprofit university in the nation with 100,000+ students.
  • Offers over 230 programs online, from the certificate to the doctoral level.
  • Has a student-faculty ratio of 25:1, and 42.3% of its classes have fewer than 20 students.
Show more [+]
  • Accredited
  • Online Courses
  • Financial Aid
  • Transferable Credits
3 Program(s) Found
  • Prepare for your mission - earn your bachelor's or master's degree in theology online with Grand Canyon University.
  • The College of Theology offers a variety of transformative degrees with real-world relevance.
  • Choose from several degree options, such as Christian studies, pastoral ministry, Master of Divinity and more.
  • Pursue a next-generation education with an online program or join Grand Canyon University's vibrant and growing campus community in beautiful Phoenix, Arizona.
  • GCU's College of Theology exists to educate students to communicate the gospel effectively, serve the church faithfully and minister with integrity.
Good for Working Adults
  • Accredited
  • Online Courses
  • Flexible Scheduling
  • Accelerated Programs
  • Financial Aid
  • Transferable Credits
2 Program(s) Found
  • Accredited by the American Library Association, this program focuses on both the theory and practice of library science and grounds students in the knowledge, skills and values to become change agents in the field across a broad range of industries.
  • The MS in Library and Information Science (MLIS) curriculum prepares students for careers in a broad range of settings, including academic institutions, public libraries, corporations, government agencies, and cultural institutions.
  • This program is 36 credits and can be completed in 18 months.
  • The innovative learning technology platform helps students cultivate lifelong professional relationships and personally interact with a worldwide community of students and alumni—all while having the flexibility to continue working full time.
Show more [+]
  • Online Courses
1 Program(s) Found
  • Ranked #12 in the 2015 Best Graduate Schools in Social Work by U.S. News & World Report.
  • Offers more specialization opportunities than any other social work program, with 10 concentrations and sub-concentrations and 8 dual-degree programs.
  • The first elite researching university to offer a Master of Social Work degree online.
  • Has 4,000 field internship opportunities that give students real-world experience.
Show more [+]
  • Online Courses
  • Accelerated Programs
  • Financial Aid
  • Transferable Credits
1 Program(s) Found
  • Designated a 2015 Military Friendly School by Victory Media for the 4th consecutive year.
  • Listed on the President’s Higher Education Community Service Honor Roll in 2013, for the sixth consecutive year
  • Links students to hundreds of training opportunities (beyond their traditional internships and practicum) at their many “partner agencies” in each of their local communities.
  • Accredited by the WASC Senior College and University Commission (WUSCUC).
  • Online Courses
  • Financial Aid
  • Education Connection is a 100% Free College Matching Service used by 50,000 People Daily.
  • Get Matched to Psychology, Counseling, Human Services, Organizational, and Clinical Psychology Degree Programs and MORE.
  • View Bachelor's, Master's, Doctorate and Graduate Certificate Degree Programs in Psychology and Human Services Near YOU!
  • Accredited and Flexible Psychology Degree Programs to Fit Your Time and Budget. Use Our Matching Service - It's Easy and FREE!
  • Online Courses

Searching Searching ...

Matching School Ads
5 Program(s) Found
  • Bachelor degree programs include English, Education, Mathematics, Theatre, Biophysical Sciences, Christian Ministry, and more.
  • Ranked among the Best Online Graduate Education Programs in 2016 by U.S. News & World Report.
  • Regent’s School of Education has yielded a 95% pass rate on the School Leadership Licensure Assessment.
  • Regionally accredited by the Southern Association of Colleges and Schools Commission on Colleges (SACSCOC).
  • Online Courses
5 Program(s) Found
  • Ranked among top Regional Universities in the South by U.S. News and World Report in 2015.
  • Ranked 37th among the Best Colleges for Veterans by U.S. News and World Report in 2015.
  • Stands as the largest private, nonprofit university in the nation with 100,000+ students.
  • Offers over 230 programs online, from the certificate to the doctoral level.
  • Has a student-faculty ratio of 25:1, and 42.3% of its classes have fewer than 20 students.
Show more [+]
  • Accredited
  • Online Courses
  • Financial Aid
  • Transferable Credits
3 Program(s) Found
  • Which career path will you take – Business, Nursing, Education, Psychology? Something else? GCU offers more than 100 majors to get you started!
  • Colangelo College of Business: Features more than 25 programs from the bachelor through the master's level, including several high-demand MBA programs and an accelerated accounting degree.
  • College of Nursing and Health Care Professions: Rich 25-year history providing outstanding health care and nursing degree programs, including an RN to BSN program & master's in nursing degrees.
  • College of Education: Whether you are looking to start or advance your career as a teacher or administrator, GCU offers bachelor’s and master’s in education degrees in key areas.
  • College of Humanities and Social Sciences: Provides a job focused education and features a variety of programs from counseling and psychology to justice studies, history and English literature.
  • Does something else interest you? GCU also offers programs in Doctoral Studies; Theology; Science, Engineering & Technology; and Fine Arts & Production. Speak with an enrollment counselor today!
Good for Working Adults
  • Accredited
  • Online Courses
  • Flexible Scheduling
  • Accelerated Programs
  • Financial Aid
  • Transferable Credits
2 Program(s) Found
  • Accredited by the American Library Association, this program focuses on both the theory and practice of library science and grounds students in the knowledge, skills and values to become change agents in the field across a broad range of industries.
  • The MS in Library and Information Science (MLIS) curriculum prepares students for careers in a broad range of settings, including academic institutions, public libraries, corporations, government agencies, and cultural institutions.
  • This program is 36 credits and can be completed in 18 months.
  • The innovative learning technology platform helps students cultivate lifelong professional relationships and personally interact with a worldwide community of students and alumni—all while having the flexibility to continue working full time.
Show more [+]
  • Online Courses
1 Program(s) Found
  • Designated a 2015 Military Friendly School by Victory Media for the 4th consecutive year.
  • Listed on the President’s Higher Education Community Service Honor Roll in 2013, for the sixth consecutive year
  • Links students to hundreds of training opportunities (beyond their traditional internships and practicum) at their many “partner agencies” in each of their local communities.
  • Accredited by the WASC Senior College and University Commission (WUSCUC).
  • Online Courses
  • Financial Aid

Login to your account

Can't remember your Password ?

Register for this site!