Careers That Require a Master’s Degree


Many professionals who want to advance their careers choose to obtain an advanced degree that can qualify them for better positions within their fields. Other jobs require a master’s degree from the start.Many professionals who want to advance their careers choose to obtain an advanced degree that can qualify them for better positions within their fields. Other jobs require a master’s degree from the start. The following are some jobs that require a master’s degree and some information about the financial implications.

Statistician

“Statisticians typically need at least a master’s degree in statistics, mathematics, or another quantitative field,” says the U.S. Department of Labor’s Bureau of Labor Statistics (BLS). “However, a bachelor’s degree is sufficient for some entry-level jobs.”

The job of statistician is one of the fastest-growing on the list maintained by the BLS, and that growth is expected to remain sustainable due to the widespread adoption of statistical analysis, which allows for more accurate decisions in the business and healthcare sectors. The BLS reports that the median annual wage for statisticians was $80,110 as of May 2015, a figure determined by the BLS Occupational Employment Statistics survey. You can find more information at https://www.bls.gov/ooh/math/statisticians.htm.

Physician Assistant

By earning an advanced degree, physician assistants are able to provide an extended range of healthcare services — including those typically performed by a physician. This can include physicals and counseling services. With a median entry level salary of $98,180 per year in 2015, as reported by the BLS, it is well worth the many hours spent studying. More information about the job growth and salary of this career can be found at https://www.bls.gov/ooh/healthcare/physician-assistants.htm.

Therapist

Therapists are sought out by people seeking treatment for a variety of issues, but not all therapists are qualified to work with all types of issues. Becoming a marriage and family therapist requires accreditation from the Commission of Accreditation for Marriage and Family Therapy Education. It is generally necessary to earn a master’s degree, but that depends upon the area where the therapist wishes to practice.

“According to the U.S. Bureau of Labor Statistics’ (BLS) 2016-17 Occupational Outlook Handbook, the median national annual salary for marriage and family therapists is $48,040,” says AllPsychologySchools.com, a Seattle-based online resource for psychology students and educators. “Employment of marriage and family therapists is expected to grow 19 percent through 2024, which is much faster than the national average for all occupations.”

There are other therapy specialties that require advanced degrees, which you can learn about at http://www.allpsychologyschools.com/.

Nurse Practitioner

After earning a degree in nursing, nurses who want to expand the career options available to them, increase their earning potential and gain the ability to practice specialized care are required to go back to school to earn a master’s degree to become a nurse practitioner.

“The Bureau of Labor Statistics predicts that by 2024, the field will grow by 35 percent, opening up a whopping 44,700 new positions,” says the U.S. News & World Report’s list of Best Jobs. “This growth rate is five times the national average for all occupations, making job security for nurse practitioners very good.”

Anticipated high demand and high salary are a great combination — making the prospect of becoming a nurse practitioner very enticing. To see more statistics about this field, visit http://money.usnews.com/careers/best-jobs/nurse-practitioner.

Whichever career you choose, looking up the anticipated job growth and median salary at the BLS website can help you determine how many years it would take to offset the cost, depending upon the expense of the program you choose. You can begin your search at https://www.bls.gov/home.htm.

 

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