Choosing a Master’s Degree to Fit Your Career Goals

The BEST Masters Degrees!

What can you get your masters in?

Following are some professions where having a master’s degree may be necessary or advantageous for advancement:

Social services

A master’s degree may be necessary for those who work as counselors, social workers, or managers of social and community services. For instance, while social workers are required to hold a bachelor’s degree, clinical social workers are required to hold a master’s degree. You must have a master’s degree to be qualified for the majority of counseling positions, including school counselor positions. Social and community service managers must have a bachelor’s degree, but many choose to pursue a master’s degree for better career opportunities.

Education

A master’s degree can boost your salary and open doors to administrative positions for many careers in education, particularly in K–12 institutions. A master’s degree is frequently necessary for K–12 teachers who want to work in administration as a vice principal, principal, or superintendent. A relevant master’s degree can boost your yearly salary if you want to continue teaching.

Many organizations require professors in post-secondary education, such as at a college or university, to hold at least a master’s degree, if not a Ph. D. , in their field even for entry-level positions. Positions for professors, especially those on the tenure track, are highly competitive, so it’s a good idea to consider getting a graduate degree of some sort if you want to pursue a career in academia.

Business

For those who want to work or are already employed in a business-focused position, the Master of Business Administration, or MBA, is a very popular master’s degree. Although many employers prefer candidates with master’s degrees, few business roles have an MBA as a prerequisite. Various positions in industries such as accounting, finance, healthcare, and human resources could also be pursued with an MBA. An MBA is beneficial for many senior-level management positions, such as operations manager or healthcare administrator.

Healthcare

Because all medical doctors are required to hold a doctorate, many people believe that advanced degrees are necessary for positions in the healthcare industry. However, in addition to doctors, there are numerous other healthcare professionals, some of whom require a master’s degree, such as:

Additionally, a master’s degree is required for a variety of mental health care professionals, including some counselors and therapists. For instance, a master’s degree is required to become a licensed clinical alcohol and drug abuse counselor.

If you want to work in healthcare administration, you might also think about getting a master’s degree. Although master’s degrees are not frequently required for healthcare management positions, having one may make you a more attractive candidate.

STEM

STEM, or science, technology, engineering, and math, is a rapidly expanding field of employment. Some types of STEM careers that require masters degrees are:

Although a master’s degree is not necessary to obtain an entry-level position in some fields, such as zoology or epidemiology, it can help you advance your career. For epidemiologists, that often means a masters in public health. Only those zoologists and wildlife biologists who want to work in research positions typically need a master’s degree.

Miscellaneous

There are numerous other professions where a master’s degree is beneficial or necessary, or both, in order to earn more money. Following are a few instances of professions where a master’s degree is necessary or where it can significantly boost your income:

Should you get a master’s degree?

It’s crucial to carefully consider your options because a master’s program can involve significant time and financial commitments. Most master’s programs last one to two years, and you’ll likely need to think about expenses like tuition, housing, and textbooks.

It’s helpful to think about your long-term goals because you might need a master’s degree to qualify for certain careers, like being a principal. Other fields may not require advanced degrees, but they can still benefit your salary and career prospects.

Make a list of the advantages and disadvantages before deciding whether a master’s degree is right for you. Think about factors like:

Tips for selecting a master’s degree

Here are some recommendations to help you choose the master’s degree that will best advance your career:

FAQ

What is the most useful Masters degree to have?

Best-paying master’s degrees
  • Finance and economics. …
  • Electrical engineering. …
  • Computer engineering. …
  • Biomedical engineering. …
  • Mathematics and statistics. Median pay: $129,000 per year. …
  • Technology management. Median pay: $127,000 per year. …
  • Computer science. Median pay: $126,000 per year. …
  • Corporate finance. Median pay: $126,000 per year.

How should I choose my masters degree?

Tips for Choosing a Graduate School
  1. Take inventory of your passions and motivations. …
  2. Do your research and explore your options. …
  3. Keep your career goals in mind. …
  4. Make sure the program fits your lifestyle. …
  5. Consider your finances. …
  6. Talk to admissions advisors, students, and alumni. …
  7. Network with faculty.

What is the best masters degree for the future?

The 13 best master’s degrees to future-proof your career
  • Master of Technology Management.
  • Master of Business Administration.
  • Master’s in Supply Chain Management.
  • Master of Science in Informatics.
  • Master of Science in Nursing.
  • Master of Science in Physician Assistant Studies.
  • Master of Energy Engineering.

Is a masters degree still worth it?

The statistics show that those with a master’s degree make $17,000 more a year on average than those with only a bachelor’s degree. Professionals with advanced degrees only experienced 2% unemployment as of 2019, and they also enjoyed higher job security and mobility.

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