A Master’s Degree is a type of graduate degree, taking most students between 1 and 3 years to complete and the two basic types are Master’s of Arts and Master’s of Science. Earning your Master’s degree usually entails independent study and the formation of a thesis and main area of concentration within a particular field of study and can require up to 60 semester hours.
Earning your Master’s degree earns you the title of “expert” in your field of study. On average, a professional with a Master’s degree will earn $54,000 annually and will earn 25% more during their lifetime than a professional with a Bachelor’s degree. Common careers to attain with a Master’s degree include education, executive director positions, human resources director, health counselor, and various upper management positions.
Median Salary by Job - Degree: Master of Arts (MA) (US)
On average, an individual with a Master’s degree will earn $1,102 per week, approximately $200 more than an individual with a Bachelor’s degree. On the left is the most up-to-date data on salary potential by job with a Bachelor’s degree.