What Is the Best Masters Degree to Get?

What Is the Best Masters Degree to Get?

Are there 10 top master's degrees worth obtaining?

In the past, the MBA was the go-to answer to the question: "What should I obtain a master's degree in?" However, according the to the Bureau of Labor Statistics, professions that typically require an MBA, such as those for administrative service managers, human resource managers, financial managers and top executives, are not projected to experience an employment growth beyond 15 percent nationwide from 2010 to 2020 (bls.gov/ooh, 2012).

So what types of master's degrees may be worth pursuing? Students may find guidance from Forbes Magazine, which has compiled a list of its top 10 master's degrees for 2012. Its list is based on the average salary of graduates as provided from Payscale.com and the projected nationwide employment growth from 2010 to 2020 of professions that could be pursued from obtaining these degrees. Not all degrees do lead to high wages, however, but some programs may enable graduates to seek desirable employment opportunities. In addition, the BLS projects that each associated profession could grow by up to at least 17 percent nationwide (or more in some cases) from 2010 to 2020.

According to Forbes, the following 10 master's degrees are the best degrees for jobs in 2012 (forbes.com, 2012).

  1. Physician Assistant Master's Degree
  2. Computer Science Master's Degree
  3. Master's Degree in Electrical Engineering
  4. Master's Degree in Mathematics
  5. Master's Degree in Information Systems
  6. Master's Degree in Physics
  7. Master's Degree in Occupational Therapy
  8. Healthcare Administration Master's Degree
  9. Master's of Nursing
  10. Master's of Economics

Sources:
Forbes, The Best and Worst Master's Degrees for Jobs Jacquelyn Smith, June 2012 - http://www.forbes.com/sites/jacquelynsmith/2012/06/08/the-best-and-worst-masters-degrees-for-jobs-2/
Bureau of Labor Statistics, U.S. Department of Labor, Occupational Outlook Handbook, Management Occupations - http://www.bls.gov/ooh/management/

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