Getting a master’s degree contemporarily is almost synonymous with having a bachelor’s degree. This is because humans’ drive to acquire more knowledge has increased as the world keeps evolving.
Getting a master’s degree is no longer as high-priced as in the past. It is now a must-have for most employers. Thus inciting many persons to take on a master’s degree.
This is one sole reason you should take that greatly increase your earning power, most useful and valuable in the world now.
On the contrary, some people choose to pursue a master’s degree for some reason. Some hope that it will provide them with the skills and experience they need to progress in their field. Others want to change careers or industries and enroll in a program to get the educational experience they need to make the change.
Given what recruiting experts are after, we’ve weighed our options. We base our choices on factors such as graduate job rates, projected job growth, new and experienced employee wages, and professional diversity. The options.
Hence, to determine the best master’s degrees that are useful and valuable for the future, we use higher education data from various reputable sources.
Including BLS, the National Association of Colleges and Employers (NACE), PayScale, and the Association of American Colleges and Universities. Go ahead and check out our 25 Most Useful and Valuable Masters Degree in 2023.
What is a Master’s Degree?
A master’s degree is an advanced degree in a specialized field that you can earn after a college degree. Examples of these include a master of business administration, a master of public administration, and a master of law.
Some students go straight from undergraduate to graduate study because they know that their targeted career requires mastery and specialized skills.
Others return to school after several years in the workforce to deepen their knowledge and earning potential. On average, it takes two to three years to complete the most valuable master’s degree.
A master’s degree can offer you better job prospects, more professional responsibilities, and a higher salary. You may need it to advance beyond a certain point in your career, especially if your goal is a managerial position.
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How Useful is a Master’s Degree in Today’s Job Market?
Before, a bachelor’s degree was enough to establish your career; this is no longer the case today.
According to the United States Bureau of Labor Statistics, 48% of all jobs will require a master’s degree by 2023. In today’s increasingly competitive job market, the benefits of a master’s degree can help you differentiate and remain a valuable employee.
Truly, this has made a master’s degree very useful and valuable to any graduate. For you to really earn a good amount of salary, it is important you start considering earning a master’s degree.
Hence, if you want to stand out from the rest of the workforce, here are several ways that earning a master’s degree can help you thrive in your career.
Career Advancement
A master’s degree can ease the transition to higher positions, such as in the management and leadership sectors.
Many organizations not only recognize the benefits of a master’s degree but even prefer that their employees have one. So you see how useful and how companies value master’s degrees.
In fact, 74 percent of employers have raised training standards in recent years, and many companies are seeking to hire high-level graduates.
In some sectors, such as education or healthcare, graduate degrees offer mandatory training and the best route for certain jobs or promotions.
Specialized Knowledge
Earning a master’s degree allows you to acquire specialized knowledge to progress in your field. As the workforce evolves, a master’s degree shows that you are determined to improve your experience and credibility in the industry. To be precise, you can focus on a particular study area, helping you be more useful and competitive in your field.
By doing this, you will end up earning the most useful and valuable master’s degree that will help you excel.
In addition, the benefits of a master’s degree can also help you develop your current skills, learn new skills, or even move to a whole new field. You can earn hundreds of graduate degrees in various industries, from business to design.
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Increased Earning Potential
By earning a master’s degree, you can significantly increase your income. On average, employees with a bachelor’s degree earn $65,400 a year, while those with a master’s degree earn a median annual income of $80,200, an increase of 23%.
In some areas, the gap is even greater between those with a master’s degree and those with lesser degrees.
According to the Georgetown Center for Education and Workforce, Biology, and Life Sciences, majors with advanced degrees earn 63 percent more than those with bachelor’s degrees.
While graduates graduate students who specialize in health and Medical preparation, earn 137 percent more than those with a bachelor’s degree.
Overall, employees with a bachelor’s degree earn $2.27 million during their careers, while those with a higher degree can earn up to $3.65 million.
This is a notable difference that shows that if you have already studied at university, getting a master’s degree can significantly increase your salary. This the reason master’s degrees are considered very useful and valuable in the business sector now.
Lifelong Learning
The benefits of a master’s degree also help you improve your research, writing, and analysis skills. As a result, you can become a better problem solver and more easily tackle complex projects. By earning a graduate degree, you continue to develop a wealth of knowledge, preparing you for a life of constant learning.
In addition, 73% of Americans see themselves as lifelong learners, and 74% have participated in activities in the past year that enhance their pursuit of lifelong knowledge.
Do you think you don’t have time? Don’t worry; many universities now offer the opportunity to earn your master’s degree online, allowing you to create a calendar that works around your busy life.
It’s because of how useful and valuable master’s degrees are that universities now make out an online platform for those who want to study at their own pace.
Enhanced Professional Network
Whether you take classes online or in person, your classmates come from a wide variety of industries and settings. As a master’s student, you are connected to many professionals, many of whom are successful in their careers.
By associating and networking with them, it enhances your knowledge. Most times, you won’t enjoy this privilege in an undergraduate setting.
You can also study with leading industry professors, providing real-world insights and valuable networks.
This shows how useful master’s degrees have become in the world now.
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What is the Easiest Masters Degree to Get?
Amidst all the masters degree careers you can acquire, an OnlineMaster’sin Education is theeasiestonlinemaster’s degree. This is basically because of the following reasons:
- Theprogramsare widely available and are aswell100% online.
- The coursework is moderate.
- The programcan be finished very fast (within 12 months in some cases)
What is the Shortest Master’s Program?
If you are looking to pursue a master’s degree in a very short time and you are considering which school to attend, Auburn University is your go-to.
One of the master’s master’s degree programs you acquire at Auburn University in a short time is theonline Master of Accountancy program. This program is a 30-credit program, and students can complete the degree in one year and become CPA-eligible at the completion of the program.
What are the Most Valuable & Useful Masters Degrees?
Here is a List of the Most Valuable and Useful Masters Degrees in the World, that you can get a good job from in 2020.
Masters of Science in Statistics
Statisticians are in demand in several areas. They are generally responsible for producing and analyzing data that can affect an entire company or organization.
Some specific jobs available to graduates of a master’s degree program in statistics include biomathematician, biostatistician, educational test statistician, medical statistician, and public health statistician.
Top Careers for Statistics Graduates include:
#1. Educational Statistician
Average Salary: $108,400
Students enrolled in a Master of Arts program or Master of Science in Statistics can learn more about advanced data collection, analysis, and presentation strategies. Programs can be offered as thesis and non-thesis, which could make the difference between master’s and master programs.
The Master of Statistics program teaches students to determine how concepts such as probability theory and regression analysis can be applied to real-world situations to solve problems in various contexts.
Because statistics is a great branch of mathematics, students can often choose to specialize in areas such as linear models, statistical genetics, and bioinformatics.
According to the United States Bureau of Labor Statistics, job growth will increase by 30% in 2026, which is much faster than average. Hence, due to the high rate of demand for this field makes it one of the best and most useful master’s degrees in the world.
#2. Biostatistician
Average Salary: $79,000 per year
These professionals apply statistics to public health concerns, particularly in the field of biology. They create experiments and surveys to collect key data relevant to the maintenance of public health. They collect data from people and communities at risk.
Bureau of Labor Statistics does not specifically collect employment information on biostatisticians; there is a positive outlook with greater advancement opportunities and a growth rate of 34% from 2014 to 2024.
Hence, the high rate of demand for this field makes it one of the best and most useful, and most valuable master’s degrees in the world.
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Master of Business Administration (MBA)
A master’s degree in business administration is among the topmost useful and valuable on the list of the 25 highest-paying master’s degrees. Primarily due to the wide range of well-paid concentrations and careers pursued by holders of this degree.
The average salary for the best jobs one can do with an MBA is more than of $100,000 / year, making pursuing an MBA a natural option for those seeking to advance in a variety of related fields.
Best Careers for MBA Graduates include:
#1. Business Operations Manager
Average Salary: $100,410 / year
People in operational roles help departments in an organization achieve their goals. The responsibilities and functions of this role vary and may include:
- work related to human resources (e.g., recruitment),
- finance (e.g., budget), and
- project management.
Also, people in these positions must have excellent leadership and communication skills to facilitate this job.
According to the United States Bureau of Labor Statistics, job growth will increase by 9% in 2026, which is an average rate. Therefore, the high demand for this field makes it one of the best, most useful, and most valuable master’s degrees in the world.
#2. IT Manager
Average Salary: $139,200 / year
This degree is among the highest-paying and non-medical fields that can be accomplished with a master’s degree.
Specifically, the primary responsibilities of IT managers include planning, coordinating, and directing online or computing work for an organization.
Although you can earn an entry-level position in this field with a bachelor’s degree. In order to achieve full professional potential, employees must earn an MBA, most of the time with a concentration in Information Technology.
According to the United States Bureau of Labor Statistics, job growth will increase by 12% in 2026 which is faster than average. Therefore the rate of high demand for this field makes it one of the best and most useful and most valuable master’s degrees in the world.
#3. Marketing Manager
Average Salary: $129,380 / year
While some may wonder if the best path to a high-profile career in marketing is an MBA or a direct master’s in marketing. The high-paying salary associated with this field is directly related to earning a master’s degree.
Marketing managers are known to work to promote an organization, its products, and its services.
According to the United States Bureau of Labor Statistics, job growth will increase by 10% in 2026 which is faster than average.
Therefore, the high demand for this field makes it one of the best and most useful master’s degrees in the world.
#4. Sales Manager
Average Salary: $122,060 / year
Most senior sales managers are graduates of an MBA program, often with a concentration in marketing. People in this position generally come from a lower sales level and are responsible for overseeing your organization’s sales team. As well as its various sales initiatives and processes.
In addition to a high pay rate, another advantage of this field is travel, which is often required for higher-level employees. Currently, the world values the services sales manager renders. For this reason, they are in high demand.
According to the United States Bureau of Labor Statistics, job growth will increase by 7% in 2026 which is an average rate. Therefore due to, the rate of high demand for this field makes it one of the best and most useful master’s degrees in the world.
Masters of Science in Data Science
Wanted in today’s tech boom, those with high-level experience have plenty of opportunities to work for some of the biggest names in the business. Students develop applications in areas such as computer security, computer games, databases, and robotics.
Above all, Data can range from financial records to marketing information or other personal information.
Best Careers for Masters of Science in Data Science Graduates include:
#1. Data Analyst
Average Salary: $84,810 per year
A data analyst collects, processes, and performs statistical analyzes on large data sets. They discover how data can be used to answer questions and solve problems. Data analysis has evolved with the development of computers and an increasingly significant movement toward technological interweaving.
Because data analysts can integrate into most industries. Such as finance, healthcare, information, manufacturing, professional services, and retail. Basically, the growth in technology drives the growth of ” more analyst positions.
According to the United States Bureau of Labor Statistics, job growth will increase by 26% in 2026 which is much faster than average. Therefore, the high rate of demand for this field makes it one of the best and most useful master’s degrees in the world.
#2. Database Administrator
Average Salary: $93,750 per year
Database administrators (DBAs) are the custodians of electronic data. They use computers and software to keep data securely organized and properly stored. Most importantly, database administrators give access to those who are allowed to view the data and avoid the bad guys.
Also, database administrators work with data analysts to ensure that they can easily use and access data. As well as work with the administration to create databases that will be usable.
And store the required information, determine user needs, and create solutions for. They can access the data, create security plans and measures, maintain the integrity of the database, and plan natural disasters and cyber-attacks.
According to the United States Bureau of Labor Statistics, job growth will increase by 9% in 2026 which is faster than average. Therefore, the high demand for this field makes it one of the best and most useful master’s degrees in the world.
Master of Science in Nursing
Nursing is a unique field, as it forms part of the Highest paying medical field. Such as surgeons, doctors, and psychiatrists, without the multi-year residencies and medical degrees that are generally required to obtain these positions.
Due to the increasing demand for high-quality medical care in today’s society, coupled with the intensive work elements of this role, nursing is among the most useful and valuable degrees and the highest-paying fields.
To pursue advanced roles in this career, people must earn a master’s degree in nursing. In this degree, certified graduates often choose one of the two highest-paid pathways. Either as a nurse practitioner or nurse anesthetist, both of which are considered roles of registered nurses in advanced practice.
Best Careers for Master of Science in Nursing graduates include:
#1. Nurse Anesthetist
Average salary: $165,120
Basically, they are registered nurses who specialize in anesthesiology. Meaning a practice in which intravenous medications and inhaled gases are administered to patients undergoing surgery. Or other potentially painful procedures to numb or prevent pain or discomfort.
Their role can never be overemphasized. For this reason, it is among the most useful and valuable fields especially when you have a master’s degree.
According to the United States Bureau of Labor Statistics, job growth will increase by 31% in 2026 which is faster than average. Therefore due to the high rate of demand for this field makes it one of the best and most useful master’s degrees in the world.
#2. Nurse Practitioner
Average Salary: $103,880/year
The nurses in these positions combine clinical work, disease prevention, and health management. In addition to a master’s or doctoral degree, nurse practitioners must also have advanced clinical training that goes beyond what was received while becoming registered nurses.
Beyond their direct clinical health work, it is known that people in this role participate in healthcare forums, conduct research, and then apply that research to their clinical practice. For this reason, it makes nurse practitioners in high demand.
According to the United States Bureau of Labor Statistics, job growth will increase by 31% in 2026 which is faster than average. Therefore, the high demand for this field makes it one of the best and most useful master’s degrees in the world.
#3. Clinical Nurse Specialist
Average Salary: $96,000
If you enjoy nursing with research, number calculations, and data evaluation, the job of a Clinical Nurse Specialist (CNS) might be for you. In addition to treating and diagnosing patients, CNSs also focus on evaluating hospital procedures, processes, and personnel.
The work of a CNS is often divided into three spheres of influence as defined by the National Association of Clinical Nursing Specialists: patient/family, nursing/practice staff, and system/network organization.
According to the United States Bureau of Labor Statistics, job growth will increase by 19% in 2026 which is much faster than average. Therefore, the high demand for this field makes it one of the best and most useful master’s degrees in the world.
Masterof Art in Communication
Students learn a variety of methods to promote communication, including media, creative expression, and technology. Applicants for a master’s degree in communication arts programs must have earned their bachelor’s degree.
Most programs also require applicants to submit writing samples and a Graduate Record Exam (GRE) results. Programs often require students to develop and research dissertation topics. Though some programs may offer them the opportunity to pursue non-dissertation courses.
Some of the specializations available include international languages, media education, or communication science. Students should consult an advisor on specific school majors.
Best Careers for Master of Arts in Communication graduates include:
#1. Communication Sciences & Disorders
Average Salary: $77,600
Communication and Disorder students study the nature and development of our communication skills, a central aspect of the human condition. They also learn communication disorders that involve hearing, speech, voice, resonance, fluency, swallowing, and language processes.
Human communication disorders affect millions of Americans and affect their entire lives. It is estimated that 1 in 6 people will experience a communication disorder in their life. Audiologists Evaluate and treat people with hearing loss.
Speech and language pathologists identify, prevent, evaluate, and treat people with communication disorders. The increasing number of people with communication disabilities reflects the need for qualified audiologists and speech-language pathologists, called SLPs, to serve the population.
With your MS degree, you will work in any environment where a speech and language pathologist can work. Such as schools, hospitals, other medical facilities, private practices, etc.
According to the United States Bureau of Labor Statistics, job growth will increase by 16% in 2026 which is much faster than average. Therefore, because of the high rate of demand for this field makes it one of the best and most useful master’s degrees in the world.
#2. Speech-Language Pathology
Average Salary: $79,120 per year
If you want to become a speech therapist but may have professional or family commitments that prevent you from pursuing a full-time master’s program. We recommend that you consider the Master of Science through Distance Education (MS-DE), which offers part-time distance education.
With your master’s degree, you will be able to work in any environment where a speech and language pathologist can work. Such as schools, hospitals, other medical facilities, private practices, etc.
According to the United States Bureau of Labor Statistics, job growth will increase by 27% in 2026 which is much faster than average. Therefore due to the high rate of demand for this field makes it one of the best and most useful master’s degrees in the world.
Master of Science in Engineering Management
Engineers who already have the basic skills of a college degree often continue to earn a Master of Science in Engineering Management. In pursuit of this degree, engineers develop the business and management skills necessary to advance to managerial positions.
Best Careers for Master of Science in Engineering Management Graduates include:
#1. Architectural and Engineering Manager
Average Salary: $137,720 / year
The primary functions of this role are to oversee the activities that take place within architecture and engineering firms. This often includes planning, directing, and coordinating all business activities that occur within these organizations. As well as creating technical objectives and procedures for specific processes.
Whether you are developing new products or ensuring the implementation of a live project, it is up to these managers to coordinate with all members of a team to carry out the tasks.
According to the United States Bureau of Labor Statistics, job growth will increase by 6% in 2026 which is an average rate. Therefore due to the high rate of demand for this field makes it one of the best and most useful master’s degrees in the world.
#2. Construction Managers
Average Salary:$95,260 per year
Engineering managers combine the two disciplines of business management with engineering to ensure they fulfill essential functions in the field. Not only do they help in the design and development of new products and advancements.
But their management skills ensure that the laboratory runs efficiently and profitably. Also that companies can truly have the information necessary to develop, publish, and even market their new development for consumers and clients.
These employees manage engineering activities within an organization. Implement and maintain engineering goals and initiatives. In addition, it manages the creation and improvement of products that involve the engineering department.
According to the United States Bureau of Labor Statistics, job growth will increase by 10% in 2026 which is faster than average. Therefore due to the high rate of demand for this field makes it one of the best and most useful master’s degrees in the world.
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Master of Science in Petroleum Engineering
This graduate degree is directly related to a successful career in the field of petroleum engineering. Although this is a niche industry, petroleum engineers are often well paid for their work because of the physical demand and the high-risk atmosphere in which they work.
Professionals drawn to a career as a petroleum engineer can also benefit from exploration in bioengineering, chemical engineering, environmental engineering, and even industrial engineering.
#1. Petroleum Engineer
Average Salary: $132,280 / year
Engineers in this specialty work specifically with oil and gas, developing best practices and methods for extracting these substances from deposits below the Earth’s surface and from older wells.
Basically, this role requires numerous site visits, as well as the time spent working on the methodology in the office. Other career opportunities in this field include drilling engineers, production engineers, and tank engineers.
According to the United States Bureau of Labor Statistics, job growth will increase by 15% in 2026 which is faster than average. Therefore due to the high rate of demand for this field makes it one of the best and most useful master’s degrees in the world.
Master of Science in Finance
A master’s degree in finance is a popular option for students looking to launch their careers in the financial sector. In today’s job market, graduates with these types of skills are often highly sought after because of the ease with which the skills acquired in this type of program can be translated into a variety of different fields.
Furthermore, due to the unwavering need for organizations to have a strong and qualified employee to navigate their budgets, accounting processes, etc. This is a great potential for job growth.
The best careers for graduates of the Master of Science in Finance include:
#1. Financial Manager
Average Salary: $125,080 / year
Financial managers typically have a graduate degree in economics, business administration, or finance. People in this role appropriate the overall “financial health” of an organization. They create financial reports and projections, provide tactical investment advice, and develop strategies to help the organization achieve its long-term financial goals.
Financial managers are most often found in banks and insurance companies, and most often come from an accountant, auditor, or financial analyst.
According to the United States Bureau of Labor Statistics, job growth will increase by 19% in 2026 which is faster than average. Therefore due to the high rate of demand for this field makes it one of the best and most useful master’s degrees in the world.
#2. Actuary
Average Salary: $101,560 / year
Actuaries can receive appropriate training through a Master of Science in Finance program or a Master of Science in Actuarial program. Which prepare students for this highly lucrative career.
People in this position are responsible for “analyzing the financial costs of risk and uncertainty,” using sophisticated software that compares statistics and forecasts profitability. They also use these programs to assess the risk associated with possible future events. And above all work with clients to develop procedures to reduce the negative financial impact of these risks.
According to the United States Bureau of Labor Statistics, job growth will increase by 22% in 2026 which is much faster than average. Therefore due to the high rate of demand for this field makes it one of the best and most useful master’s degrees in the world.
#3. Financial Advisor
Average Salary: $90,640 / year
To become certified, many financial advisors receive a master’s degree in finance or an MBA, followed by a certified financial planner exam.
They are hired directly to manage and monitor a client’s finances, including investments, insurance, mortgages, college savings, estate planning, taxes, retirement, etc.
Most financial advisers work independently and consult to obtain a list of individual clients. Others may work for an organization in the finance or insurance sectors.
According to the United States Bureau of Labor Statistics, job growth will increase by 15% in 2026 which is faster than average. Therefore due to the high rate of demand for this field makes it one of the best and most useful master’s degrees in the world.
Master of Arts in Political Science
A master’s degree in political science prepares graduates for careers in various political fields. Known for being interdisciplinary, the skills acquired in such a program often intersect with topics covered in pursuing a degree in economics, law, psychology, and sociology.
Although there are other jobs in public administration / public affairs or the federal government, the role that best suits a degree in political science is that of a political scientist.
The main careers of graduates of the Master of Arts in Political Science include:
#1. Political Scientist
Average Salary: $122,220 per year
People who choose a career as a political scientist are interested in the origins of the country’s political systems. Especially to know how these systems develop over time and how they function today. Much of the work of a political scientist generally includes research on national politics, comparative politics, international relations, or political theory.
According to the United States Bureau of Labor Statistics, job growth will increase by 5% in 2026 which is fast as the average. Therefore due to, the high rate of demand for this field makes it one of the best and most useful master’s degrees in the world.
Master of Science in Computer Science
A master’s degree in computer science, especially a concentration in software engineering/development, teaches aspiring software developers how to build modern and advanced software that can impact a number of industries.
Based on the application of scientific and engineering principles for the creation of new software systems, these types of programs allow graduates to enter their field with the skills and knowledge necessary to prosper.
The best careers for computer science graduates include:
#2. Software Developer
Average Salary: $103,560
Of course, a master’s degree in software development is more consistently applied to a career as a software developer. People in these positions work closely with computer programmers to create technical systems that operate the programs we use on a daily basis.
Developers are responsible for determining the essential functions of a product’s software so that it is properly designed and operates as intended.
People looking to advance in this area often become Information Technology (IT) project managers, supervising the creation of the software rather than managing the steps themselves.
According to the United States Bureau of Labor Statistics, job growth will increase by 12% in 2026 which is faster than average. Therefore, the high demand for this field makes it one of the best and most useful master’s degrees in the world.
#3. Computer and Information Research Scientist
Average Salary: $122,840 per year
Computer scientists and information researchers invent and design new approaches to computer technology and find innovative uses for existing technology. They study and solve complex computer problems for business, science, medicine, and other fields.
Most jobs for computer scientists and information retrievers require a master’s degree in computer science or a related field. In the federal government, a bachelor’s degree may be sufficient for certain jobs.
Employment of computer and information research workers is expected to increase by 16% in the next ten years, which is much faster than the average for all occupations. IT professionals are likely to benefit from excellent job prospects as many companies report that they have difficulty finding these highly skilled workers.
Therefore because of the high rate of demand for this field makes it one of the best and most useful master’s degrees in the world.
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Master of Science in Healthcare Administration
The master’s degree for healthcare professionals focuses on an analytical and commercial approach to managing different sectors of the healthcare industry.
Health care management is a popular area of study at this time in history due to changing demographic trends and the growing need for such professionals.
The best careers for graduates of the Master of Science in Health Management include:
#1. Health Manager
Average Salary: $98,350 / year
People in these positions are qualified to manage tasks related to the administrative rather than the clinical aspect of healthcare. Including personnel management, process organization, budget oversight, and updating evolving regulations and Industry Trends .
Health officials work in various types of facilities, including hospitals, nursing homes, community organizations, private health practices, etc.
According to the United States Bureau of Labor Statistics, job growth will increase by 20% in 2026 which is much faster than average. Therefore due to the high rate of demand for this field makes it one of the best and most useful master’s degrees in the world.
#2. Physical Therapist
Average Salary: $89,440 per year
Physical therapists, also known as PTs, diagnose and treat people of all ages who have limited ability to move and perform functional activities due to illness or disability. They help patients develop flexibility and strength.
In a master’s program in Physical therapy, you will create a plan using treatment techniques to promote the patient’s ability to move, restore function, reduce pain, or prevent disability.
PTs must be good motivators. According to the Bureau of Labor Statistics, approximately 60% of physical therapists work in hospitals.
Also, according to the United States Bureau of Labor Statistics, job growth will increase by 22% in 2026 which is much faster than average. Therefore due to the high rate of demand for this field makes it one of the best and most useful master’s degrees in the world.
#3. Physician’s Assistant
Average Salary: $112,260 per year
The US healthcare industry is growing by leaps and bounds. Doctors cannot keep up with demand, so medical assistants are becoming increasingly popular. You probably found one or two during your last visit to the doctor.
Assistants provide diagnostic, therapeutic, and preventive healthcare services to patients, and they don’t have to invest in years and years of medical school to do so. All they need is mastery.
According to the United States Bureau of Labor Statistics, job growth will increase by 31% in 2026 which is much faster than average. Therefore due to, the high rate of demand for this field makes it one of the best and most useful master’s degrees in the world.
Conclusion
To determine the best master’s degrees that are useful and valuable for the future, we use higher education data from various reputable sources. Including BLS, the National Association of Colleges and Employers (NACE), PayScale, and the Association of American Colleges and Universities. Go ahead and check out our 25 Most Useful and Valuable Masters Degree in 2023.
References
- northeastern.edu– MASTER’S DEGREES WITH THE HIGHEST SALARY POTENTIAL
- bestmastersprograms.org– Top 50 Paying Careers with a Master’s Degree
- northeastern.edu– THE BENEFITS OF A MASTER’S DEGREE IN TODAY’S JOB MARKET
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FAQs
25 Most Useful & Valuable Masters Degrees in 2023 | Job Outlooks? ›
The best way to earn $150K without a degree is by enrolling in a coding bootcamp, taking online courses, and networking. To change your career path and earn a high salary, you must acquire and master the necessary skills.
Which master's degree is most in demand? ›- Business administration. A Master of Business Administration degree, or MBA , is the most popular graduate degree available. ...
- Health care administration. ...
- Engineering. ...
- Computer and information sciences. ...
- Nurse anesthesia. ...
- Human resources management. ...
- Physician assistant. ...
- Math.
The best way to earn $150K without a degree is by enrolling in a coding bootcamp, taking online courses, and networking. To change your career path and earn a high salary, you must acquire and master the necessary skills.
What should I get my masters in to make more money? ›- Master of Business Administration (MBA)
- Master of Science in Nursing (MSN)
- Master of Science in Information Technology.
- Master of Science in Engineering Management.
- Master of Science in Marketing.
- Master of Science in Petroleum Engineering.
- Master of Science in Finance.
Generally speaking, people report master's in communications, organizational leadership, and sports management to be some of the easier master's programs.
What's better than a master's degree? ›After earning a master's degree, the next step is a PhD, which entails both working and performing research at an institution. A PhD is an abbreviation for “Doctor of Philosophy.” It is the highest academic degree one can achieve.
How can I make $75 000 a year without college? ›- Registered nurse. National average salary: $78,905 per year. ...
- Senior consultant. National average salary: $91,805 per year. ...
- Risk manager. National average salary: $88,879 per year. ...
- 4. Development director. ...
- IT manager. ...
- Professional athlete. ...
- Detective. ...
- Sales director.
- Server. National average salary: $38,031 per year. ...
- Bartender. National average salary: $40,614 per year. ...
- Electrician. National average salary: $55,974 per year. ...
- Insurance agent. ...
- Dispatcher. ...
- Computer programmer. ...
- Sales representative. ...
- Journeyman plumber.
There are many high-paying job opportunities available that pay $100K a year without a degree. Some of these jobs are real estate agent, risk manager, and sales consultant. For most common high-paying jobs without a degree, you'll need many years of work experience until you reach a level where you make six figures.
Which master degree is most valuable in education? ›Instructional Design – M.
One of the highest paying education degrees is also a Master's of Education in Instructional Design. It offers graduates the ability to develop and implement curriculum and instruction plans. Graduates advance as professionals in education performing research regarding: methods of instruction.
What is the highest paying master's degree in education? ›
Job | Median Annual Salary (May 2021) | Job Growth Rate (2021-2031) |
---|---|---|
1. School Superintendents | $127,310* | N/A |
2. Elementary, Middle, and High School Principals | $98,420 | 5% |
3. Postsecondary Education Administrators | $96,910 | 7% |
4. Postsecondary Teachers | $79,640 | 12% |
Master of Business Administration (MBA) An MBA program helps students to become quality professionals by developing and enhancing their management, leadership, and organizational skills. Their critical thinking and analytical ability help them pursue some of the highest-paying jobs on the market.
What is the hardest degree to get a first in? ›- Foreign Languages.
- Psychology.
- Statistics.
- Chemistry.
- Physics.
- Engineering.
- Mathematics.
- Chartered Accountancy.
In fact, many schools include a satisfactory GPA as a basic admissions requirement. For masters programs, a 3.0 minimum is a common requirement. Common requirements can be even higher when applying to doctoral programs.
What is the hardest grad school? ›Medicine is the most difficult graduate degree as the entire process is spent learning rather than memorizing textbooks, definitions and terms. Whatever you learn as a medical student is of immense value to you because they would all help you to understand the intricacies of the medical field.
What is best Master degrees 2023? ›- Masters in Business Administration (MBAs) ...
- Masters in International Relations. ...
- Masters in Economics. ...
- Masters in Psychology. ...
- Masters in International Business. ...
- Masters in Biology. ...
- Masters in Engineering & Technology. ...
- Masters in Health Sciences.
The most common academic master's degrees are the Master of Arts (MA or AM) and Master of Science (MS or SM). However, there are many different master's degree titles, especially in the professional fields.
What do you call a person with a master's degree? ›A master's student is called a graduate student or “grad student” for short. A student still studying for a bachelor's degree is called an undergraduate student or “undergrad student.”
Are Masters degrees worth it anymore? ›You could earn more with a master's degree
Wages tend to increase with higher degrees. The median annual salary for workers with a master's degree was around $81,848 in 2021, according to the U.S. Bureau of Labor Statistics; that's compared to bachelor's degree holders who earned about $69,368.
Is MS equivalent to MPhil? Yes, both these degrees are awarded after completion of minimum 30 credit hours.
How to make 200k without a degree? ›
- Real estate associate. National average salary: $68,366 per year. ...
- Voice-over artist. National average salary: $77,630 per year. ...
- Business owner. National average salary: $93,295 + $9,500 in profit sharing per year. ...
- Inspector. ...
- Makeup artist. ...
- Sales representative. ...
- Web developer. ...
- Truck driver.
- Property manager.
- Retail store manager.
- Law enforcement officer.
- Title examiner.
- Web developer.
- Fitness manager.
- Hotel manager.
- Pipe welder.
Easy, good, paying jobs include pet care, dog walking, home sitting, technical writing, patient care, delivery driving, massage therapy, and political science jobs. Most of these jobs only need the skill set and perhaps a post-secondary qualification.
How can I make $20 an hour without a degree? ›- Physical therapy assistant.
- Route driver.
- Truck driver.
- Hotel manager.
- Maintenance mechanic.
- Solar installer.
- Medical coder.
- Carpenter.
- Property manager.
- Executive recruiter.
- Social media manager.
- Construction superintendent.
- Senior project manager.
- Human resources (HR) manager.
- Data engineer.
- Digital marketing manager.
- Freelancing with Skills You Already Have.
- Blogging or Content Creation.
- Virtual Assistant.
- Start an Amazon FBA Business.
- Taking Pictures and Selling Stock Photos.
- Proofreading or Editing.
- Facebook Marketing.
- Self-Publishing Books on Amazon KDP.
OCCUPATION | 2022 MEDIAN PAY | PERCENTAGE INCREASE OVER NATIONAL MEDIAN |
---|---|---|
Chief Executives | $189,520 | 309.20% |
Orthodontists | $174,360 | 276.50% |
Computer and Information Systems Managers | $164,070 | 254.30% |
Architectural and Engineering Managers | $159,920 | 245.30% |
- Construction and building inspector. ...
- Structural iron and steel worker. ...
- Locomotive engineer. ...
- Radio and telecommunications equipment installer. ...
- Gas plant operator. ...
- Electrical line installer and repairer. ...
- Boilermaker. ...
- Powerhouse, substation and relay repairer.
- Data Scientist. Data Scientists analyze raw data and draw meaningful insights that can improve business performance. ...
- Data Engineer. ...
- Business Analyst. ...
- Software Engineer. ...
- Engineering Manager. ...
- Test Engineer. ...
- Cybersecurity Engineer. ...
- Technical Program Manager.
Doctoral degree. The top of the academic degree hierarchy, a doctoral degree represents the most in-depth education within a discipline. Upon completion of a rigorous program, doctoral students are designated as authoritative experts in their field.
Is A Masters degree more valuable than a PhD? ›
Both master's degrees and PhDs lead to increased salaries upon graduation. While PhDs usually earn a bit more than those with a master's degree, in some fields, the wages are identical, meaning that no financial benefit is gained from going on to a PhD.
How many years does it take to get a master's degree? ›Master's degrees typically take two years to complete, but the timeframe can vary from person to person. Depending on your degree program and whether you're going to school full-time or part-time, it could take you less time to get your master's degree – or more.
How much money can you make on average if you have a master's degree? ›Job Title | Range | Average |
---|---|---|
Project Manager, (Unspecified Type / General) | Range:$61k - $121k | Average:$85,852 |
Software Engineer | Range:$63k - $126k | Average:$90,166 |
Data Analyst | Range:$57k - $101k | Average:$76,662 |
Human Resources (HR) Director | Range:$69k - $148k | Average:$102,529 |
Average salary with a master's degree
According to the US Bureau of Labor Statistics (BLS), people with a master's degree in the United States earn a median of $1,574 weekly, which roughly translates to $81,848 annually [1].
If you're a chemistry buff, you're in luck — chemistry is one of the highest-paid subjects to teach in high schools. Chemistry teachers typically major in chemistry or a related field during their undergraduate education.
What is the highest GPA for a masters degree? ›A good GPA is often considered to be at least a 3.0, although most graduate programs and graduate school require a minimum GPA of 3.5 for admission. The highest GPA you can achieve is a 4.0, so having an overall GPA at or above this level is what's usually considered a good GPA.
How much of a difference does a masters degree make? ›In 2013, the median annual wage for full-time workers ages 25 and over whose highest level of education was a master's degree was $68,000, compared with $56,000 for those whose highest level was a bachelor's degree—a $12,000 a year wage premium. Not all workers earn a premium.
What is the fastest easiest degree to get? ›- Anthropology.
- Business Administration.
- Communications.
- Creative Writing.
- Criminal Justice.
- Education.
- English.
- Health Sciences.
- Chemistry.
- Environmental Economics and Policy.
- Environmental Earth Science.
- American Studies.
- Nuclear Engineering.
- Energy Engineering.
- Astrophysics.
- Applied Mathematics.
It is believed that a Bachelor of Science in Nursing or BSN is the toughest course in the world as per the Guinness Book of World Records along with courses like MBBS, BCom, IAS, IPS and Engineering, etc.
What is a decent masters GPA? ›
Most colleges like to see at least a 2.5 or a 3.0 from master's program applicants. Some programs set their minimums at 3.3 or higher. The minimum GPA for a doctoral program may start at 3.3.
What is a good masters GPA for Phd? ›With GPA, it is recommended that students have at least a 3.0 cumulative GPA and around a 3.5 discipline-specific GPA to remain competitive for Ph. D.
Does your GPA matter in masters? ›Although grad school GPA usually does matter, the further you get into your career, the lower priority your GPA becomes. At a certain point, you may not even need to worry much about it beyond meeting the minimum required graduate GPA to stay in your program.
What are the most stressful graduate degrees? ›College majors in the STEM field tend to be the most stressful, such as engineering and architecture. The same is true for many of those in the medical or healthcare field, including nursing and neuroscience. There are also stressful majors from other fields, such as accounting and related areas.
What is the easiest grad school to get into? ›- Healthcare Administration. Median Salary: $84K/year. ...
- Organizational Leadership. Median Salary: $77K/year for MS, $89K/year for MBA. ...
- Sports Management. ...
- Education. ...
- Communication. ...
- Business Communications. ...
- Education and Teaching. ...
- Criminal Justice.
That said, many of our graduate student editing clients tell us that the first semester of graduate school is the hardest. Whether fresh out of an undergraduate or master's program, or returning to academia after a break, you're about to embark on a long, challenging marathon.
What can I do to make 150K a year? ›- Chief executive officer (CEO)
- Senior engagement manager.
- Podiatrist.
- Midwife.
- Pediatrician.
- Data scientist.
- Physician.
- Corporate controller.
- Real estate associate. National average salary: $68,366 per year. ...
- Voice-over artist. National average salary: $77,630 per year. ...
- Business owner. National average salary: $93,295 + $9,500 in profit sharing per year. ...
- Inspector. ...
- Makeup artist. ...
- Sales representative. ...
- Web developer. ...
- Truck driver.
- Commercial Pilots: $121,430.
- Transportation, Storage, and Distribution Managers: $94,560.
- First-Line Supervisors of Police and Detectives: $91,090.
- Power Plant Operators, Distributors, and Dispatchers: $85,950.
- Elevator and Escalator Installers and Repairers: $84,990.
Annual household income in U.S. dollars | Percentage of U.S. households |
---|---|
75,000 to 99,999 | 11.9% |
100,000 to 149,999 | 15.9% |
150,000 to 199,999 | 8.3% |
200,000 and over | 11.6% |
How to get paid $100 an hour? ›
- Freelance photographer.
- Life coach.
- Underwater welder.
- Interior designer.
- Political speechwriter.
- Massage therapist.
- Tattoo artist.
- Commercial pilot.
Learning which majors make the most money may help you determine your field of study. STEM majors, those in math, technology, engineering and science are consistently at or near the top of the list.
What degree makes the least money? ›- Hospitality and tourism. Average salary: $24,470 per year. ...
- Theology and religion. Average salary: $31,630 per year. ...
- Design and applied arts. Average salary: $49,290 per year. ...
- Visual and performing arts. ...
- Social work. ...
- Elementary education. ...
- Health and physical education. ...
- Psychology.
- Police officer.
- Nuclear power reactor operator.
- Boilermaker.
- Web developer.
- Front desk manager.
- Distribution manager.
- Massage therapist.
- Tanker driver.
- Small business owner: Those who are ready to contribute will power, dedication, effort, and patience can choose to start their small business. ...
- Air traffic controller: ...
- Plumber: ...
- Power plant operator: ...
- Real estate broker: ...
- Ultrasound Technologist: ...
- Fashion designer:
- Make Money Renting on Airbnb.
- Open a High Yield Savings Account.
- Invest in the Stock Market.
- Freelancing.
- Pet Sitting.
- Travel Blogging.
- Sell Media Assets.
- Rent Your Car on Turo.
- Air traffic controller. Maksim Shmeljov/Adobe. ...
- Radiation therapists. Valerii/Adobe. ...
- Police and detectives. New Africa/Adobe. ...
- Elevators and escalator installation and repair. Алексей Смышляев/Adobe. ...
- 5. Mail superintendents. ...
- Airline pilot. ...
- Construction manager. ...
- Nuclear technician.
- Construction and building inspector. ...
- Structural iron and steel worker. ...
- Locomotive engineer. ...
- Radio and telecommunications equipment installer. ...
- Gas plant operator. ...
- Electrical line installer and repairer. ...
- Boilermaker. ...
- Powerhouse, substation and relay repairer.