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Home Economy

Top 5 Job Opportunities For Masters Graduates

by clnews
October 25, 2019
in Economy
Reading Time: 4 mins read
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Image source: Pixabay

Are you just starting your master's degree, but your mind is filled with doubts and questions if you made the right choice? The truth is that a master's degree gives you a lot of opportunities. Employers are more willing to hire someone with both a Bachelors and Masters than someone who only has a Bachelor.

Bachelor's degree is not enough these days. The job market is developing quickly and getting more and more competitive. It is predicted that by 2022, 18% of the jobs available will require a master's degree. Getting higher education will also boost your salary. According to the studies, the average salary of an employee with only a bachelor's degree was $50.360, while for one with the master's degree it was $68.064.

In this article, the focus will be put on the top 5 master degrees and future job opportunities that they give you after graduation.

MBA Global

MBA Global, which stands for Master of Business Administration Global, is the best choice you can make if you are interested in economics and related fields. It helps you in expanding your business knowledge and gaining experience. Usually, to complete the studies, you have to have at least two years of previous experience and a completed internship.

If you have a job and you are afraid you will not have the time to attend classes, don't worry as there are options. You can either do the degree part-time or completely online (for example on James Cook University Online)

With MBA Global degree you can look for employment in:

  • business development – e.g. business development manager
  • marketing – e.g. research manager, marketing analysis
  • information technology – e.g. project manager, information technology manager
  • health services – e.g. health policy analyst, hospital administrators
  • human resources – e.g. employee relations manager, staffing director

Depending on what type of job you will be doing, your salary can vary from $50.000, up to even $260.000.

Physician Assistant

A physical assistant, aka PA, is a person who can examine, treat and diagnose patients. They practice medicine but under the supervision of a physician. A master's degree is obligatory if you want to become one. There are several areas that you can specialize in as a physician assistant. These are:

  • Surgery
  • General internal medicine
  • Orthopedics
  • Emergency medicine
  • Pediatrics
  • Family medicine

The health industry is growing – physicians are hiring more and more assistants each year. According to BLS, employment will increase by 37% in the next ten years. An average salary of a physician assistant is $100.108.

Mathematics

Did you always like numbers, but then decided to pursue a more “futurable” career, like a lawyer or a doctor instead of getting into math? Well, it turns out that math, in some cases, gives even better opportunities than those professions. A lot of schools who offer master's degrees in law, business or medicine, actually believe that math is a great major. It teaches you how to solve problems and gives you a chance to develop your analytical skills.

After completing a master's degree in mathematics, you can find a job, for example as a:

  • Data Analyst
  • Software Engineer
  • Data Scientist
  • Actuary
  • Research Scientist In Maths

The average salary for a person working in the mathematics field is $80.000. However, the salaries vary from $34.000 to $156.000, depending on the position that you are occupying. Careers connected to mathematics, also have very good predictions for the future. For example, by 2022 the demand for mathematicians will grow by 23%, for statistician by 27% and for software engineer by 22%.

Computer Science

Since the technology world is continuously developing, tech specialists are in very high demand – it doesn't matter if they deal with codes or the design of a website.

With a master's degree in computer science, you can work as a:

  • Computer System Analyst
  • Information Security Analyst
  • Database Administrator
  • Computer Network Architect
  • IT Manager
  • Software Developer

The average salary of a tech specialist in 2018 was $86.000. According to the BLS, the demand for Computer Science graduates will increase by 13% by 2026 since most industries these days rely on software programmes and data.

Political Science

If it interests you how the laws are made, and you are up to date with all global events, a master's degree in political science is probably for you. Political science degree will help you understand how big of an impact the policy has on the economic and social status.

Some people have the wrong belief that after completing this degree, the only thing you can do is become a politician. Of course, you can become one, but apart from pursuing a career as a politician, there are several other jobs you can take up after graduation. Some of them are:

  • Legislative Assistant
  • Public Relation Specialist
  • Political Consultant
  • Attorney
  • Intelligence Analyst
  • Political Campaign Staff

The average salary of a political scientist in 2018 was $117.570 per year. However, the amount they earn depends on the position they occupy, the level of their education (master's degree graduates earn more than people with only a bachelor), and their experience. Scientists predict that employment in this field will grow by 5% in the period of 2018-2028.

Conclusion

As you can see above, nowadays a master degree is so important that it replaced the bachelor's degree. There are many good majors that will give you tons of opportunities for the future – the ones listed above are just a few. So do your research and choose wisely.

Tags: James Cook University Onlinetop jobs for masters graduates
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