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Top 50 Highest Paying Careers for Master's Degree Holders

Obtaining a Master's Degree will not only open doors for more opportunities, it is also effectively equivalent to getting a bigger paycheck. If you are planning to pursue your Master's Degree in the future, the following list will give you an idea of how much your potential income would be.



Rank Masters Subject Starting Salary Mid-Career Salary

50 Nurse Midwifery $81,800 $93,600

49 Family Nurse Practitioner $84,000 $95,200

48 Health Care Administration $63,700 $96,900

47 Psychiatric Mental Health $90,200 $101,200

Nurse

46 Physician Assistant $84,400 $101,200

45 Food Science and Technology $53,800 $101,400

44 Geology $56,600 $102,700

43 Communication Leadership $62,300 $103,000

42 Acute Care Nurse Practitioner $87,300 $106,400

41 Information Security $72,100 $106,600

40 Project Management $66,600 $107,800

39 Statistics $66,200 $108,400

38 Industrial Engineering $69,200 $112,000

37 Human-Computer Interaction $82,500 $112,700

36 Information Assurance $66,200 $112,900

35 Telecommunications $72,100 $113,400

34 Economics $61,600 $113,600

33 Materials Science and $70,000 $113,900

Engineering

32 Operations Management $71,700 $115,000

31 Information Systems $58,800 $115,200

30 Operations and Supply Chain $74,800 $115,800

Management

29 International Business $58,300 $115,900

28 Software Engineering $79,100 $115,900

27 Engineering Management $70,100 $116,200

26 Taxation $58,200 $116,400

25 Aerospace Engineering $74,400 $116,500

24 Physics $64,700 $117,100

23 Information Technology $62,500 $117,300

Management

22 Systems Engineering $76,700 $117,600

21 Biomedical Engineering $66,800 $118,400

20 Management Information $68,300 $118,700

Systems

19 Information Technology $70,700 $119,500

18 Computer Science $79,700 $119,500

17 Applied Mathematics $62,000 $121,300

16 Computer Engineering $78,200 $124,700

15 Mechanical Engineering $80,600 $122,000

14 Chemical Engineering $73,900 $122,100

13 Nuclear Engineering $70,500 $122,600

12 Operations Research $78,800 $122,700

11 Corporate Finance $77,800 $122,800

10 Electrical Engineering $78,200 $124,700

9 Finance $68,300 $126,800

8 Marketing and International $61,700 $128,200

Business

7 Computer Science, Masters in $83,000 $129,900

Business Administration

6 Economics (MBA) $71,400 $131,800

5 Marketing Management $63,000 $135,300

4 Entrepreneurship $68,100 $138,300

3 Strategy $114,040 $145,200

2 Certified Registered Nurse $140,900 $162,800

Anesthetists

1 Petroleum Engineering $102,800 $187,600


As you may have noticed, the highest paying Master's Degrees are in the engineering, medical, business and computing fields.


An Undergraduate Degree in Engineering already costs a considerable amount, thus a Master's Degree in engineering which specializes in a hazardous field yields a high income. As this is an uncommon field, it is also probable that the demand for petroleum engineers with a Master's is higher than the availability, thus bringing it to the top of this list.


In a country continuously striving to improve health care, a Master's Degree in the medical industry is an invaluable asset. Bearers have higher earning potential, especially in the nursing field. The jobs in the medical industry are among those which will stay in-demand regardless of the economic climate.


Master's Degrees in the business and computing fields also steadily hold high spots in this list. They will remain among the top 10 as these fields are not only popular, but necessary in the constantly developing modern business world.


One piece of advice before you take your pick: make sure it’s one that would make you happy and fulfilled. After all, money cannot buy everything.

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