Engineering claims 6 of 10 best-paying master’s degrees
Six of 10 best-paying master’s degrees are in engineering, according to an article published today on monster.com.
A master’s in electrical engineering is no. 1, edging out a master’s in finance.
In the article, Katie Bardaro, lead analyst at PayScale.com, says many of the top-paying master’s degrees are in technical fields such as engineering and computer science. “These are areas where it pays to get additional training and build upon the knowledge acquired in an undergraduate program.”
PayScale.com ranked the master’s degrees and listed three top-paying, typical jobs for graduates and median, mid-career salary information. The master’s of business administration is not included in this list.
To put the salaries in perspective, the median pay per master’s degree category is:
- Engineering and technology degrees: $110,000
- Arts and sciences degrees: $83,300
- Pre-professional degrees: $84,100
1. Master’s in Electrical Engineering Median Pay: $121,000
2. Master’s in Finance Median Pay: $120,000
3. Master’s in Chemical Engineering Median Pay: $117,000
4. Master’s in Economics Median Pay: $114,000
5. Master’s in Physics Median Pay: $113,000
6. Master’s in Computer Science Median Pay: $109,000
7. Master’s in Mechanical Engineering Median Pay: $105,000
8. Master’s in Civil Engineering Median Pay: $97,100
9. Master’s in Physician Assistant Studies Median Pay: $96,200
Possible Jobs: Physician assistant ($96,500)
10. Master’s in Management Information Systems Median Pay: $95,000