One of the most popular undergraduate degrees in the United States is psychology, or the study of the human mind and how it influences human behavior. Psychology is a fascinating area of study, and what is learned in a bachelor’s degree can come in handy in a wide range of industries after graduation.
However, in order to pursue many careers within the field of psychology, a minimum of a master’s degree is required. Discover exactly how a master’s degree can help you to make the most of a career in psychology.
Boosts Your Potential Salary
Even if financial compensation isn’t your primary objective when seeking out a career in psychology, there is no question that salary does play a role when making future job decisions. With a bachelor’s degree in psychology, you can earn an average annual income of over $45,000, which is certainly a great place to start.
However, earning a master’s degree can greatly boost your earning potential. Average employees working today who have a master’s in psychology can expect to earn over $64,000 annually, which is far more than could be earned with a bachelor’s degree alone.
Gateway to a Doctoral Degree
While you don’t have to earn your master’s degree before enrolling into a doctorate program, it is a smart idea for those who want to ensure that they end up in the right field. If you have plans to become a clinical psychologist or even a professional psychology researcher in the future, earning your master’s is the ideal stepping stone to more advanced degrees in the future.
Opens Doors in Certain Psychology Fields
In some areas of psychology, a master’s is the terminal degree. This means that having a master’s opens doors to a number of careers in those fields without the need for a full doctorate. Just some of these areas of psychology where a master’s is a terminal degree include
- industrial-organizational psychology
- mental health
- forensic psychology
Ability to Specialize in a Niche Area of Psychology
Another major advantage of earning a master’s degree in psychology is having the ability to narrow down your area of study and focus on a niche specialty. Psychology is a large field, and you may already know that your career goals are more specific.
Just a few of the different niche master’s degrees you can choose from include a master’s in
- experimental psychology
- child development psychology
- social psychology
Distinguish Yourself in a Competitive Job Market
Even if you don’t have plans to become a practicing psychologist, and you don’t think you want to earn a doctorate in the field, a master’s degree can still set you apart. Psychology is a competitive field, and there are many graduates holding a bachelor’s in psychology, so completing a master’s can absolutely help you distinguish yourself and make it easier to secure a new job or a promotion in your preferred field.
Earning a master’s degree in psychology from an accredited online college can be instrumental as you aim to make the most of your career.