If you want to become an expert in your field, potentially garner a higher salary, and maybe set yourself up for a career with management and executive position possibilities, a Master's Degree may be a great move for you.¹

Types of Degrees

Master's Degree programs require you to complete a bachelor's degree program (usually 4 years of full-time study) before pursuing a Master's Degree, which then typically takes between 1.5 and 2 years of full-time study and oftentimes culminates in a thesis or capstone project.

Admission Requirements

A bachelor's degree is required, with a strong academic background in whatever field your Master's Degree will concentrate on helping applicants obtain acceptance into their desired school. Each school has its own specific requirements, making it important for you to explore several options before settling on a particular school.

Career Opportunities After Earning A Master's Degree

With a Master's Degree in hand, graduates can pursue a career in whatever field their studies were focused on or decide to continue their education in pursuit of a doctorate degree.

Post Graduate Salary Information

According to 2023 data from the Bureau of Labor Statistics, people with a master's degree had a median salary of $83,150 in 2023 compared with a median salary of $85,800 for those with bachelor's degrees and $45,040 for those with no level of higher education other than a high school diploma. ¹

Note that the average salary varies widely not only depending on career chosen, but on geographical location and employer. Conditions in your area may vary.

References

1. U.S. Bureau of Labor Statistics, visited on 1/28/2021

• Careers associated with these educational opportunities often require additional degrees and certifications not offered as part of the educational opportunities presented by this website.
• Information based on national data, not school-specific information. Conditions in your area may vary.