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The Relationship Between Master’s Degrees and Career Opportunities

Higher Education Articles December 2, 2015

Career advancement or certain jobs in some fields require a master’s degree. Academia and research usually require master’s degrees. Increased job responsibilities and higher pay are available to professionals with master’s degrees.

Master’s Degrees and Career Opportunities

Many career doors can be opened by a master’s degree, including advancement opportunities, certain career fields, and bigger pay packets. A master’s degree can lead to numerous careers such as college professor, special education counselor or teacher, school administrator, advanced practice nurse, speech-language pathologist and occupational therapist.

Opportunities for Career Advancement

Over the 2012 – 2022 decade, the highest job growth rate has been predicted for careers that require a master’s degree for entry-level jobs (U.S. Bureau of Labor Statistics). Candidates may seek numerous advancement opportunities including certification and licensure as well as administrative or managerial positions. For instance, school principals employed in a public environment can seek licensure as school administrators (BLS). This designation requires a master’s degree in most states.

Wage Outlook

Higher salaries are paid to employees with master’s degrees than to those with less education (U.S. News & World Report). The following displays median wages for careers requiring a master’s degree (BLS report of 2013):

•$70,810 – Speech-Language Pathologist
•$76,940 – Occupational Therapist
•$88,380 – Education Administrator
•$92,270 – Nurse Practitioner
•$92,970 – Physician Assistant

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  • One of the top-ranked universities in Florida, Saint Leo University offers over 50 accredited undergraduate degrees, programs and endorsements as well as master's and doctoral programs.
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Showing schools in your area

Matching School Ads
5 Program(s) Found
  • 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
  • 87% of Liberty University students receive some form of financial aid
  • Accredited
  • Online Courses
  • Financial Aid
  • Transferable Credits
2 Program(s) Found
  • One of the top-ranked universities in Florida, Saint Leo University offers over 50 accredited undergraduate degrees, programs and endorsements as well as master's and doctoral programs.
  • Saint Leo’s undergraduate and graduate online degree programs prepare you to take advantage of growing career opportunities in a variety of in-demand fields.
  • Saint Leo University provides academic excellence, flexibility, affordability, and a wide range of educational programs with financial aid and scholarships available to those who qualify.
  • Saint Leo offers a 14:1 Student-Teacher Ratio to ensure you get the personal attention you deserve.
  • Learn on your schedule with our 6 convenient available start dates throughout the year. Get started on earning your accredited degree today!
Good for Working Adults
  • Accredited
  • Online Courses
  • Flexible Scheduling
  • Accelerated Programs
  • Financial Aid
  • Transferable Credits
5 Program(s) Found
  • Topped the list as Best Online Bachelor’s Program in Virginia by U.S. News & World Report in 2019.
  • Regent is ranked among Top National Universities by U.S. News & World Report, 2019.
  • Flexible online, on-campus and evening courses offered in 135 areas of study, including Business, Nursing, Psychology, & more.
  • Regent is recognized among Top #10 Military Friendly Schools by Military Friendly®, 2019.
  • 88% of Regent University students receive financial aid, with $24 million awarded in institutional scholarships & aid in 2017-18.
  • Online Courses
  • Find Online Schools. 100% Online Accredited Courses
  • Get Matched to Programs In A Few Clicks!
  • Earn an Affordable Degree from Home at your own pace
  • Get College info today. Its Free and Easy!
  • Online Courses

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