The highest paying master’s degree programs are very essential to students. Research shows that students with bachelor’s degrees, in general, make more than those with just high school diplomas.
Similarly, earning a master’s degree, and quite likely your starting salary and earning potential exceed those with a bachelor’s degree.
Here’s a list of the highest paying master’s degree program;
List of highest paying master’s degree program
1. Petroleum Engineering
Average starting salary: $102,800. Mid-career: $187,600
A petroleum engineer is involved in nearly all of the stages of oil and gas field evaluation, development, and production. One of the highest-paying master’s degree programs. Moreover, The aim of their work is to maximize hydrocarbon recovery at minimum cost while maintaining a strong emphasis on reducing environmental impact.
2. Nurse Anesthetists
Starting salary: $140,900; mid-career: $162,800
Certified registered nurse anesthetists (CRNAs) administer anesthesia to patients before and after surgical, diagnostic, therapeutic, and obstetrical procedures. Also, one of the highest paying master’s degree programs.
However, They also provide pain management and emergency services, including airway management. CRNAs oversee the health of patients post-surgery. Besides that, They’re advanced practice registered nurses.
Starting salary: $114,040
Programs with a concentration in strategy may focus on the domestic or global stage, and class topics follow the educational emphasis. Also, one of the highest paying master’s degree programs.
However, A strategy curriculum often includes courses on executive leadership, global management strategy, managing diversity in an organization, and team building. Moreso, Other sample courses include: strategic management, global strategy, and industry Analysis
Average starting salary: $68,100; mid-career salary: $138,300
An MBA in Entrepreneurship program strengthens your expertise for starting, building, or advising new business ventures. Also, one of the highest paying master’s degree programs. However, Such a program will provide a foundation in financial accounting, global marketing, operations management, data analysis, and other key disciplines needed to achieve business success.
5. Marketing Management
Average starting salary: $63,000; mid-career salary: $135,300
A Master of Business Administration in Marketing Management program lets students develop skills to run the marketing branch of a business or corporation.
Through a curriculum incorporating both theory and practice. Also one of the highest paying master’s degree programs. Moreover, Courses involve conducting and analyzing extensive market research before putting together marketing campaigns.
Average starting salary $71,400; mid-career salary: $131,800
An Economics MBA aims to develop a very articulate mindset that can put both the profit and market situations together and maximize a business’s potential. Also, one of the highest paying master’s degree programs.
However, students who take up this degree program learn how to investigate the risks and potentials in investing in both local and foreign markets and make an informed decision based on their research. Moreover, They also learn to analyze international finance markets and trade.
Average starting salary: $83,000; mid-career salary: $129,900
While “working with computers” is now a component of nearly every white-collar occupation. Also, one of the highest paying master’s degree programs. However, there is high demand in a variety of fields for experts with a deeper and principled understanding of computer and information systems.
Moreover, developing rich applications integrated with a database back-end, designing software capable of interoperating with complex network infrastructure, and consulting opportunities. Consequently, This would involve optimization of client software and hardware, to name a few.
8. Marketing and International Business
Average beginning salary $61,700; mid-career salary: $128,200
The International Marketing MBA covers fundamental approaches to understanding markets, competitors, product portfolios, and consumer behavior from an international perspective. Also, one of the highest paying master’s degree programs.
Moreover, It emphasizes current developments in e-marketing strategies and changes in advertising and the use of media. However, This program equips graduates with the necessary tools, skills, and mindset required to be effective international marketers.
Average salary $68,300; mid-career salary: $126,800
The MBA in finance degree provides the enrolled students training in the fundamentals of finance. Also, one of the highest paying master’s degree programs. Moreso, It also enables students to develop a balance between the technical finance courses needed to work in financial institutions, and the overall management skills needed in all business situations.
10. Electrical Engineering
Average starting salary: $78,200; mid-career salary: $124,700
The profession of electrical engineering demands a strong foundation in physical science and mathematics, a broad knowledge of engineering techniques, and an understanding of the relation between technology and society. Also, one of the highest paying master’s degree programs.
11. Corporate Finance
Average starting salary: $77,800; mid-career salary: $122,800
Professionals in corporate finance specialize in assisting organizations in generating funds necessary to support and expand business operations, Also, one of the highest paying master’s programs. Put together acquisitions, manage cash resources, and ensure future economic stability. Moreover, Working in corporate finance you could find yourself supporting an international company or a local business looking to break into the global market.
12. Operation Research
Average salary $78,800; mid-career salary: $122,700
Operations research analysts are high-level problem-solvers who use advanced techniques, such as optimization, data mining, statistical analysis, and mathematical modeling. Consequently, to develop solutions that help businesses and organizations operate more efficiently and cost-effectively. Also one of the highest paying master’s degree programs.
13. Nuclear Engineering
Average beginning salary $70,500; mid-career salary $122,600
Most entry-level nuclear engineering positions require a bachelor’s degree, but much-advanced research or supervisory jobs are only available to people with a master’s degree or doctorate. Also one of the highest paying master’s degree programs. Moreover, Any engineer who works in the public sector must be licensed by the state
14. Chemical Engineering
Average starting salary $73,900; mid-career salary: $122,100
Chemical engineers apply both, the knowledge of chemistry and, the principles of engineering to the chemical industry. Also, one of the highest paying master’s degree programs.
Thus form the bridge or the link between science and manufacturing. Moreover, They are involved in a wide variety of activities like equipment design, process development for chemical manufacture on a large scale, and Planning.
15. Mechanical Engineering
Average beginning salary $80,600; mid-career salary $122,000
Mechanical engineers design and build anything with moving parts, including products as diverse as air conditioners and automobiles. Moreso, Since mechanical engineering, is the broadest of any engineering specialty. However, those who practice mechanical engineering can pursue careers in the biotechnology, automotive, nuclear energy, and aerospace industries.
16. Computer Engineering
Average salary $78,200; mid-career salary: $124,700
Computer engineers create and maintain computer systems and may specialize in one aspect of computer engineering, such as hardware or software engineering. However, Hardware engineers design computer circuitry, disks, chips, printers, and other computer devices, while computer software engineers develop computer applications and programs.
17. Applied Mathematics
Average starting salary $62,000; mid-career salary: $121,300
Applied mathematics master’s programs focus on how mathematics is used as a language within various fields other than mathematics.
Moreso, A degree at this level may serve as a complement to undergraduate studies in science, engineering, or computers. However, Flexibility is often allowed with electives to help students tailor their program.
18. Information Technology
Average starting salary $70,700; mid-career salary: $119,500
In general, a student seeking admission into a Master of Information Technology degree program has earned a baccalaureate degree.
Also, Some academic institutions prefer prospective students to have completed courses in statistics. Moreover, they hold baccalaureate degrees in related fields of study such as computer science, industrial engineering, information technology, and library science.
19. Management Information System
Average beginning salary $68,300; mid-career salary: $118,700
A Master of Science in Management Information Systems includes courses in business, communications, computer science, and management. However, Through this program, which is intensive to the sciences, students gain leadership skills that prepare them for positions in information security and communication systems. Also, A bachelor’s degree is a prerequisite for such programs
20. Biomedical Engineering
Average starting salary $66,800; mid-career salary: $118,400
Finally, biomedical engineering (BME) programs integrate engineering and medical principles to improve healthcare treatment and diagnosis. Moreover, Much of the work in BME involves research and development. Undergraduate and graduate programs in BME are highly interdisciplinary and customizable to a student’s interests.
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