Graduate Degrees in High Demand Fields
According to the U.S. Census Bureau, the median annual earnings of individuals with a professional or graduate degree was $63,174 in 2008 – $15,321 more than those who held a bachelor's degree and a whopping $35,726 more than high school graduates.*
But a fat paycheck is not the only reason people choose to pursue graduate degrees. For many, a master's degree fulfills one or more of the following goals:
- It helps them get a competitive edge over their rivals in the job market.
- It helps them gain expertise in and deeper understanding of a field.
- It helps them switch careers by training them in a new field.
- It helps them increase their value by enhancing their skills.
- It helps them advance in certain careers that require master's degrees for growth.
- It helps them quench their thirst for knowledge.
- It helps them command the respect of their family, friends, co-workers, and employers.
While a lot of students go straight from undergrad to graduate schools, some professional graduate degrees may have prior work experience as one of the eligibility criteria. These degrees are extremely popular with professionals who return to school after working for a few years. Many students these days enroll in online graduate programs, which allow them to learn and earn at the same time.
Let's look at some popular graduate degrees:
- Master in Business Administration:
A Master of Business Administration degree imparts advanced business education to students and prepares them for middle and senor-level management roles in a variety of organizations. Depending on their interest and area of specialization, students can choose from a wide range of business areas including sales, marketing, operations, finance, human resources, etc.
Your paycheck may depend on factors such as your organization, role, geographic location, etc. However, a business manager can hope to earn anywhere between $30,000 and $100,000.**
Master's in Nursing Administration: This program is specifically designed for Registered Nurses or RNs who return to school for professional advancement. The master's degree in nursing administration trains them in the non-clinical aspects of healthcare and prepares them for management roles through courses like health services economics, issues in managed care, nursing leadership, etc.
According to the Department of Labor, employers are increasingly looking to fill management-level nursing roles with professionals who have a graduate or advanced degree in nursing or healthcare administration.
Armed with a master's degree, nurses can advance from being a head nurse to more senior and challenging roles of assistant director, director, vice president, or chief of nursing.
Master's in Healthcare Administration: The Department of Labor states that 10 of the 20 fastest growing occupations are related to the healthcare industry.*** Healthcare administration is amongst the most popular and promising occupations within the field.
A graduate degree is usually the standard requirement for this profession, which makes the master's in health care administration one of the most high demand programs. The degree is designed to provide business education and management training to healthcare professionals.
Healthcare administrators or managers will continue to enjoy excellent employment opportunities, according to the U.S. Department of Labor. An increase in demand for an occupation is usually accompanied with higher salaries and the same is true for healthcare administrators. Healthcare managers can easily earn upwards of $80,000 depending on their level of responsibility and the type of facility they're employed with.****
*www.factfinder.census.gov/servlet/STTable?_bm=y&-geo_id=01000US&-qr_name=ACS_2008_3YR_G00_S2001&-ds_name=ACS_2008_3YR_G00_
**www.bls.gov/oco/ocos010.htm
***www.bls.gov/oco/cg/cgs035.htm
****www.bls.gov/oco/ocos014.htm#earnings
Questions and Answers
A Master's of Science degree in Strategic Leadership is a post-graduate degree, helping students hone their leadership skills which enables them to cope with rather tough decision-making and in facing problematic situations while managing businesses in these recessionary times. With a leadership degree, more people will be able to take the entrepreneurial risk that is needed to help jump-start the economy and spurn business growth.
The Masters of Nursing Education degree is an online nursing degree that requires a mere 36 hours of graduate coursework at most schools, and the majority of this coursework can be taken online at your own pace, without the hassle of a daily commute.
If you want to take up nursing and you want to finish it up as quickly as possible, accelerated nursing programs online can be very helpful for you. It allows you to tackle nursing courses and get a degree within just a short period of time.
Though the job of a pharmacy technician is basically to assist a licensed pharmacist, your job description, the scope of your expertise and your salary can improve if you undergo further training to earn a pharmacy tech degree.
An online master distance education degree gives non-traditional students a second chance to boost their career prospects, without compromising their work and family responsibilities.
This Article Give a overview on online Criminal Justice & Criminal Psychology Degree, how to earn online Criminal Justice & Criminal Psychology Degree while keep working and how to choose the best online and certified university for your potential career growth.
The competition among students with their marks is becoming tougher and tougher to get admission in the best colleges of Delhi. Delhi university cut off marks seems to be unrealistic as it has touched the pinnacle in last few years.
Textbooks are your major expenses of every semester, and they can be very, very expensive. But there's good news here: you can buy them at discounted prices from 40% - 85%. And what do you need to do?
Brilliant Tutorials is reaching out to students through this mode of learning. This institution reaches to millions of students through distance mode of education.
We friends quite a time talk about business, management studies, advertising, media etc. In all these things there is only one point common to make your business successful. That's non other than ‘Marketing'. I believe Marketing forms a very crucial part of any business entity. Don't you agree?
The field graphic designing has shown tremendous growth and developments in the recent decades. The introduction of technology in this has also changed the facet of this profession. Owing to such developments, career prospects in this are very exponential and growing. Graphic designing program are the best way to start with.
This article will provide a brief overview of an Associate Degree in Respiratory Therapy and explore career options and benefits that students can look forward to on successful completion.
Online degrees are a growing phenomenon with more employers accepting online degrees just as readily as they do a traditional one. This article lists popular online degree programs in 2012 offered at an associate, bachelor's and master's level. Based on upcoming job trends in 2012, this article will help students embark on an educational journey to a rewarding career.
This article will provide general guidance on pursuing an online Bachelor's degree in Nursing Administration. Those who are already registered nurses and busy in their careers, can find options on how an online nursing administration degree can help them advance in their career and open up more opportunities for professional success and higher-paying positions.
This article will talk about different healthcare programs that are available at master's level. It will also provide insights into different career opportunities students can look forward to on successful completion of these graduate programs.
The article will provide guidance to people who want to change their career to nursing. The article will highlight the qualities a person must possess for a successful career in nursing. The article will also explain in detail the degree options available to enter this profession and how to succeed in this career.
Discuss this Article
