If you are into self-improvement, nothing beats investing in a master’s degree program. It gives you special knowledge, skills, networks, and a potential for a higher salary. Unfortunately, people aren’t sure which are the best degrees to make money from.
In an ideal world, obtaining a master’s degree guarantees professional and financial success. Yet, that’s not always the case. Some degrees provide more opportunities to get a job and meet your goals while others don’t.
Since a master’s degree is a big deal, you’ll want to take a course that benefits you in many ways. It must give you advantageous skills for the job market and fulfillment in your work life. But one of the main reasons to get a master’s degree is to get a higher salary.
Keep reading to find out the best degrees to make money.
Best Degrees to Make Money
By next year, more than eight hundred thousand people will earn degrees in the United States. Yet, not all will go on to earn as much money as they should. Fortunately, there’s a way to change that.
Here is a list of the best master’s degrees to get, which will lead to more money:
1. Master of Business Administration (MBA)
This degree teaches people about business and management. Course length is about 2 years. There are part-time and online course options as well.
With an MBA, you can earn as high as $150,000 a year. It also gives you many job opportunities in different fields.
2. Master of Science (MSc.) in Engineering
Getting a Master’s in Engineering provides you specialized and transferable skills. For example, you’ll learn about project management and problem-solving.
Job opportunities are plenty since you can take different disciplines. These include electrical, biomedical, chemical, and computer engineering courses. These degrees give you salaries as high as $130,000 a year.
3. MSc. in Marketing
Marketing programs help you understand consumer behavior and markets. You’ll convince people to buy the products, services, or events you are marketing. You’ll also learn about management and finance.
As a bonus, you can take this course online. This online masters program teaches about personal and professional branding, psychology, and selling. Your salary will be about $102,000 every year.
4. MSc. in Computer Science
In computer science, you’ll learn about algorithms and software development. You’ll learn about computer language theory, computer architecture, and networks. At the end of the year, you’ll have an average pay of $126,000.
5. MSc. in Nursing and Nurse Anesthesia (CRNA)
You can take the certified registered nurse anesthetist (CRNA) exam after a Master’s in Nursing. This allows you to work as a nurse anesthetist. These are the amazing people who administer anesthesia during a medical procedure. They take home about $160,000 a year.
6. Masters in Mathematics and Statistics
This degree offers many options for those who love mathematics. You can do financial mathematics, statistics, modeling, and applied mathematics. At the end of the year, you can expect to have about $130,000.
7. MSc. in Management Information Systems (MIS)
With an MIS degree, you’ll handle systems analysis and security and database administration. Many other positions are available as well. This degree will give you a salary of about $120,000 every year.
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The list above gives you the best degrees to make money from. And these are just the average positions. They don’t mention how much more money you’ll make if you get into managerial positions. Thus, your moneymaking options are limitless.
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