November 20, 2024 | Jack Hawkins

If You Have A Master's Degree, You Need To Look Into These High-Paying Jobs


If You Have A Master's Degree, You Need To Look Into These High-Paying Jobs

Attending graduate school is a big decision for those with Bachelor's degrees who may want to make a step up in their careers, or require a higher level of pay to meet their expenses, or who's employer would sponsor their Master's degree to retain them in the company. If you're considering getting your Master's degree, or already have one—you may qualify for these high-paying jobs.

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Aerospace Engineer

If you're fascinated by exploration and the cosmos, then a career as an aerospace engineer might be just what you've been searching for. If you already have a Bachelor of Science in Aerospace Engineering or a related engineering field, then you'll be in line for a Graduate degree in Aerospace Engineering and could begin working for a private space firm like SpaceX, or even NASA.

The average annual salary for aerospace engineers is $130,720 per year.

Young Industrial Engineer Working on a Futuristic Jet EngineGorodenkoff, Shutterstock

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Anesthesiologist

An anesthesiologist is a highly-trained medical specialist that helps put patients to sleep before a surgical procedure. These individuals know a lot about human physiology, biology, and medicine to provide the correct amount of anesthetic to a patient to put them to sleep for the duration of a surgical procedure.

Anesthesiologists must have a Master's degree in Biology or Natural Sciences, or a related science field, and then attend medical school, then complete a two-year anesthesiology residency. Once completed, you can earn $340,000 per year.

Surgeons Operating on a PatientRoman Muntean, Pexels

Architectural Manager

When companies are constructing a new building, the person in charge of the construction is almost always an architectural manager. They're responsible for ensuring that the building is built to client specifications and meets all safety requirements. As an architectural manager, you'll likely have completed your BA of Architectural Studies and a Master's of Architectural Studies.

Once you've completed your Master's, you could find a job working as an architectural manager and earning an average salary of $165,000.

Architect on the siteThirdman, Pexels

Astronomer

If you often look up in wonderment at the night's sky and already have a huge telescope, you're well on your way to becoming an astronomer. Once you've completed a Bachelor of Science in Astronomy, and a Master's degree in Astronomy, you can either work as an astronomer or possibly teach astrophysics at the university level.

An astronomer can expect to earn an average annual salary of $127,930.

Man with telescope Watching SkyPavel Danilyuk, Pexels

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Biochemist

A biochemist is a scientist who studies the biological aspects of living organisms, often using microscopes, lasers, and x-ray machines. If you have a Bachelor of Science in Biology and a Master's degree in biochemistry, you could find yourself working in a lab as a biochemist.

The average annual salary of a biochemist is $107,460.

A Woman Analyzing a SamplePavel Danilyuk, Pexels

Chief Executive

While chief executive officers of companies are also able to rise to that position with a Bachelor's degree, having completed a Master's degree in Business Administration will make you all the more likely a candidate for that top job. CEOs are some of the highest-ranking individuals in corporations and get to make major decisions about all aspects of a company.

CEOs earn an average annual salary of $206,880.

A Woman Reading Documents in Her OfficePavel Danilyuk, Pexels

Computer And Information Research Scientist

If you love computers and already have a Bachelor's degree in Computer Sciences, then you could obtain a Master's in Computer Science or a related field and use that knowledge as a computer and information research scientist. These types of scientists help design new computer-based technologies and innovate existing technology to perform more tasks, or help computers perform tasks more effectively and efficiently.

Computer and information research scientists earn an average annual salary of $145,000.

Men Sitting in Front of the Computer while WorkingMikhail Nilov, Pexels

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Computer And Information Systems Manager

If you enjoy computers and see yourself taking a lead role in an organization's IT network, consider a career as a computer and information systems manager. These individuals—typically armed with a Master's in Computer Sciences or Information Technology—are responsible for the IT systems of large companies and corporations. At the managerial level, there are huge opportunities to work anywhere in the country, or the world.

Computer and information systems managers earn an average annual salary of $169,510.

A Man Sitting at the Table and working on laptopMikhail Nilov, Pexels

Computer Hardware Engineer

If you like making your computer run faster—or already have an established career in tech support, consider becoming a computer hardware engineer, helping to build computers that perform more efficiently and effectively. You'll need to pursue a Master's degree in Computer Engineering to qualify for most positions.

Computer hardware engineers earn an average annual salary of $138,080.

Crop faceless man fixing cables in system unitAnete Lusina, Pexels

Data Scientist

Data scientists are responsible for the collection and analyses of data within a company. They use data collected and their analysis to help companies make various business decisions. You can obtain a position as a data scientist with a Bachelor's degree, but companies prefer those with Master's degrees in Data Science.

Data scientists earn an average annual salary of $108,020.

Close-up Photo of Person typing on LaptopChristina Morillo, Pexels

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Dentist

Dentists are one of the most sought-after professions in the United States. So, if you take good care of your mouth and want to help others take care of theirs, consider a career as a dentist. You'll need to have a Bachelor's degree in Science and a Master of Science in Dentistry that's tailored to whichever aspect of dentistry you want to focus on. 

Dentists are also one of the top earners in the United States, earning an average annual salary of $166,300.

A Woman Having a ToothacheGustavo Fring, Pexels

Economist

If you love learning about how the world works and how money moves around the world, consider a career as an economist. Not only could you help others make the best financial decisions possible, but you could also earn a lucrative living—you'll need a Master's degree in Economics first, though. You could be hired by companies or organizations and offer your analysis about how business decisions will impact their bottom line.

Economists can earn an average annual salary of $115,000.

Man in Shirt Standing by Whiteboard and Looking at PapersKaboompics.com, Pexels

Environmental Engineer

As an environmental engineer, you'll be helping craft the latest and greatest technology that benefits our environment. If you have a passion for the environment and want to help make it better, as well as a Master's degree in Environmental Engineering, then this may be the job for you.

Environmental engineers earn an average annual salary of $100,000.

Female Engineer Planning DamThisIsEngineering, Pexels

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Family Medicine Physician

Family medical practices are in dire need of new physicians to take over from those retiring, and becoming a family medicine doctor is a hugely rewarding job with a wide variety of patients to attend to. If variety is the spice of your life and helping people is your top priority as a doctor, consider becoming a family medicine physician.

You'll need a Master's degree in Clinical Science or Family Medicine, and you'll have to attend medical school and a residency program, but once completed, you can earn $240,790 per year.

A Doctor Checking His Patientcottonbro studio, Pexels

General Internal Medicine Physician

Primary care physicians are otherwise known as general internal medicine physicians that can diagnose problems with one's internal organs, but also help to treat other illnesses and provide non-surgical care to patients. General internal medicine physicians typically have a Master of Sciences with a focus on internal medicine and have attended medical school.

The average annual salary of a general internal medicine physician is $245,000.

Doctor talking to a PatientRDNE Stock project, Pexels

General Pediatrician

If one of your goals as a doctor is to work with younger patients, then a role as a general pediatrician is what you should aim for. General pediatricians are often employed by hospitals directly and work with younger patients (those under 18), treating illnesses and injuries.

The average annual salary of a general pediatrician is $205,860.

A Doctor Checking a Girl's EyePavel Danilyuk, Pexels

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Human Resources Manager

Human resources managers are the people that keep HR departments running. Operating within large companies and corporations, human resources managers oversee the entire HR department and function as a go-between with the HR department and senior management. They also oversee the hiring process, discuss company benefits, and can mediate conflict among employees.

HR managers can earn an average annual salary of $136,650.

Woman in Red Blazer Talking to the Woman with Curly HairKaboompics.com, Pexels

Industrial Production Manager

If you enjoy taking charge of projects and want to work in an industrial setting, then working as an industrial production manager could be the perfect job for you. Ensuring that industrial hubs are running smoothly and that production of industrial material is effective and efficient will be a big part of your job description.

Industrial production managers can earn an average salary of $116,970 per year.

Female engineer reading technical documentation with project manager in modern industrial factoryHalfpoint, Shutterstock

Information Security Analyst

Information security analysts play a critical role in ensuring the security of networks and computers at either a corporate or government level, providing insight and trouble-shooting capabilities to the corporation or government employer, as well as leading a team of IT specialists.

Information security analysts can earn an average annual salary of $120,360.

Software Engineer Standing Beside Server RacksChristina Morillo, Pexels

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Judge And Hearing Officer

If the law is something you're passionate about and you've already got your law degree, consider a career as a judge or hearing officer. You'll need to have a Master of Laws (LLM) in order to become a judge, but once you're there, you'll wield tremendous power in the courtroom and make decisions about people's lives—hopefully, enforcing the law to a positive end.

Judges and hearing officers earn an average salary of $132,950 per year.

Crop Asian judge working on laptop in officeSora Shimazaki, Pexels

Law Professor

If the courtroom isn't your thing but the classroom is, consider taking your legal knowledge to the university or college level. Law professors often have a Master of Laws and specialize in a particular type of law, but have a broad enough understanding of general law to teach students.

Law professors have an average annual salary of $127,360.

Medium full shot of adult male college professor giving lecture on law in universitySeventyFour, Shutterstock

Lawyer

If you've already obtained a Bachelor's degree in Law  or a related arts field and want to be a legal advocate for individuals who find themselves afoul of the law, consider becoming a lawyer. You'll need a Master of Laws and can choose which type of law you want to specialize in, but being a lawyer is an incredibly rewarding (if demanding) job.

Lawyers have an average annual salary of $145,760.

Diverse serious law office colleagues taking notes and using laptopSora Shimazaki, Pexels

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Naval Architect

If you like ship design and shipbuilding, consider a career as a naval architect. You'll need a Master's degree in Naval Architecture or Marine Engineering to qualify for most positions as a naval architect. 

Naval architects have an average salary of $100,270 per year.

Naval Architect At WorkLucy Elizabeth Collins, CC BY-SA 4.0, Wikimedia Commons

Marketing Manager

If you're a salesperson at heart and perhaps have a small business that you've built up over many years, always self-promoting, consider making the leap into the corporate world as a marketing manager. You'll take control of a marketing team and work with senior management to propose, direct, and manage existing and new marketing campaigns. This job allows you to be expressive and creative, while keeping your employer's brand on-message.

Marketing managers can earn an average annual salary of $157,620.

A Woman Presenting a Project in an OfficeMikhail Nilov, Pexels

Mathematician 

If you have a graduate degree in mathematics—you smart cookie—you could find work applying mathematical theories to help solve technical or engineering problems, teaching mathematics to a university class, or working within a financial institution or government entity, using your brain to solve various numerical problems.

Mathematicians have an average annual salary of $116,440.

Educator Solving Math Equations on WhiteboardJean-Rene Chazottes, Pexels

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Medical Scientist 

If you have the skills and knowledge for a career in medical sciences, you likely enjoy the challenge of finding cures for diseases or illnesses, and conducting research that could save lives. Medical scientists often hold a Master's degree in Medical Sciences.

The average annual salary of a medical scientist is $100,890.

Scientist Using MicroscopeChokniti Khongchum, Pexels

Geological Engineer

Geological engineers are people interested in how engineering beneath the Earth's surface will affect the Earth. Largely coming from a scientific background, geological engineers are highly sought after in the oil and natural gas sector. These jobs often come with large paychecks.

The average annual salary of a geological engineer is $100,640.

Geologist surveying mine,kittirat roekburi, Shutterstock

Nurse Anesthetist

Nurse anesthetists provide a similar medical service as anesthesiologists—however, they're responsible for administering anesthesia to patients before and during a procedure, but are not directly responsible for the dosages. Nurse anesthetists are registered nurses with a Master's degree in Nursing.

Nurse anesthetists have an average annual salary of $212,650.

Woman Removing Surgical MaskAyşenur, Pexels

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Nurse Midwife

Nurse midwives provide an advanced level of medical care to newborn babies, over and above that of traditional midwives. In order to become a nurse midwife, you're required to have a Master's degree in Nursing (MSN).

Nurse midwives can earn an average annual salary of $129,650.

Nurse in a white coat holding a babyJonathan Borba, Pexels

Nurse Practitioners

While some nurses aren't required to have a Graduate degree, nurse practitioners are required to have a Master's of Nursing. Nurse practitioners can work in a hospital setting, or in a family medical practice. 

The average annual salary for a nurse practitioner is $126,260.

Nurses Smiling in hospital.RDNE Stock project, Pexels

Obstetrician-Gynecologist

If you're passionate about female reproductive health and have a Master's degree in Obstetrics and Gynecology, consider a rewarding career as an OB-GYN. You'll provide patients with birth control, address fertility problems, and conduct cancer screenings of reproductive organs. 

The average OB-GYN salary is $278,660 per year.

Photo Of Pregnant Woman Having A ConsultationMART PRODUCTION, Pexels

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Optometrist

Optometrists are specialists in eye health. Performing eye exams, prescribing glasses or contact lenses, and diagnosing and treating eye diseases, optometrists see a wide variety of patients and can often be employed by a company that specializes in eyeglasses as part of a franchise location, or at a hospital or primary care clinic.

Optometrists earn an average annual salary of $131,860.

A Doctor Checking Up Her PatientAntoni Shkraba, Pexels

Oral Surgeon

Rest assured that while nobody likes having oral surgery, your skillset could well save their teeth—or even their life—from gum disease, severe tooth decay, and other oral diseases. Usually, dentists will have a Master of Science in Oral Surgery and are certified medical doctors.

Oral surgeons earn an average annual salary of $239,200.

Surgeon Performing Operation in ClinicKerim Eveyik, Pexels

Orthodontist

Orthodontists are specialized dentists who examine patients who need orthodontics, braces, or false teeth or dental implants. Being an orthodontist is the perfect career for anyone who's teeth were saved by braces and would like to perform the same miracles for others. Orthodontists typically have a Doctor of Dental Medicine degree.

Orthodontists earn an average annual salary of $239,200.

Close-up Photo of Dental ModelKaboompics.com, Pexels

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Pharmacist

Pharmacists are specialists in pharmacology, or the study of how medications affect the human body. They fill drug prescriptions, provide consultations for patients about the medications they're taking, and can provide immunizations. Pharmacists are typically required to have a Bachelor of Science and a Master's in Clinical Pharmacy, or a related field.

Pharmacists can earn an average annual salary of $136,030.

Young Pharmacist Writing NotesBYB BYB, Pexels

Physician Assistants

Physician assistants work as part of a team, often as understudies of fully-licensed physicians—examining, diagnosing, and treating patients is a part of their purview. However, they are often shadowed by a full MD and have to ask the MD before making certain treatment decisions.

Physician assistants can earn an average salary of $130,020 per year.

Healthcare Workers Crossing their Armscottonbro studio, Pexels

Physicist

If you enjoy learning about the universe, how it began, and why it is the way it is today, as well as tracking changes within the universe, then a scientific career as a physicist may be a great option for you. Physicists are often required to have BSc in Physics with a Master's in Physics.

Physicists can earn an average salary of $155,680.

Female scientist looking to the laser deposition chamberindukas, Shutterstock

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Podiatrist

Podiatrists ensure that their patients have healthy feet! They can treat foot-related illnesses, but also ailments related to the lower legs and ankles. They can recommend foot supports for those that need them and can work with patients with disabilities to improve their gait or walking.

Podiatrists earn an average salary of $141,560 per year and can work in a hospital setting or a private clinic.

Patient with leg problems on BedJuan Manuel Montejano Lopez, Pexels

Political Scientist

If you love the study of international politics and learning about how national and international political systems work, or are considering a career in politics yourself, then starting out as a political scientist—analyzing political decisions and policies for a thinktank or government entity is a great option.

Most political scientists typically have a Master's degree in Political Science and International Relations, with a specific area of focus. As a political scientist, you can earn an average of $132,320 per year.

A Man using a Laptop in library.Tima Miroshnichenko, Pexels

Data Scientists In Highest Demand

 As "big data" and technology become more prevalent and our information and personal data is exchanged on the internet more often—via banking transactions done online, personal information sharing via medical applications, and so on—data scientists are going to be in the highest demand, according to research about post-graduate degrees.

For those with Master's degrees In Data Science, expect to be very hireable. Additionally, student interest in Master's of Data Science programs has increased over 22% since 2022, according to the research from StudyPortals' Graduate Opportunities in 2024 Report.

Back rear view of young woman, freelance data scientist work remotely at home.Chay_Tee, Shutterstock


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