Top 5 Highest-Paying Master's Degrees
Getting a college degree is a surefire way to secure a well-compensating job. Now, how about stepping up a notch higher and getting a Master's Degree? Have a look at the following list of the five highest-paying Master's Degrees and find out what your maximum earning potential could be.
Top 1: Master of Business Administration (MBA)
It should come as no surprise that a Master's Degree in Business Administration should take the top spot on this list. Armed with the right knowledge and experience, this degree is very beneficial because of its extensive career options. The average salary of the top jobs one can pursue with an MBA is well over $100,000/year. Top careers for MBA graduates include IT Manager with an average salary of $139,200/year, Marketing Manager with an average salary of $129,380/year, Sales Manager with an average salary of $121,060/year, and Business Operations Manager with an average salary of $100,410/year.
Top 2: Master of Science in Nursing
Nursing is one of the most in-demand medical positions and while some consider it a difficult job, its monetary compensation is excellent. From this degree, certified graduates often choose one of two high-paying routes: either becoming a Nurse Anesthetist with an average salary of $165,120/year or a Nurse Practitioner with an average salary of $103,880/year.
Top 3: Master of Engineering Management
Engineers who want to up their ante and earn managerial roles have the option to get a Master's of Engineering Management degree, especially if they already have years of experience. Of course, an undergraduate degree in engineering is a prerequisite for this. Top careers for Master of Engineering Management graduates include Architectural and Engineering Manager, with an average salary of $137,720/year.
Top 4: Master of Science in Petroleum Engineering
This advanced degree directly correlates with a successful career in the petroleum engineering field. Although this job can be physically demanding, employees are compensated with an average salary of $132,280/year.
Top 5: Master of Science in Finance
A Master's degree in Finance continues to be an attractive choice for those who aim to join business organizations. This Master's is also among the most sought-after post-graduate degree requirements for those aiming to climb the corporate ladder. Top careers for Master of Science in Finance graduates include Financial Manager with an average salary of $125,080/year, Actuary with an average salary of $101,560/year, and Financial Advisor with an average salary of $90,640/year.