EARLY CAREER MASTERS DEGREES SALARIES

Looking for a degree that pays you off well?

Well, it is obvious to know that a master degree is an investment. It might be a little expensive on the front but trust me, its worth the money. A masters degree not only provides a deep insightful knowledge of the subject but also equip the students with highly advanced skills necessary to excel in their field.

Conventionally, it is believed that gaining experience is a great way to receive a hike in your pay. But, what if I tell you that this old notion no longer stands true!! In fact, higher education is the new way to land up in riches. There is a certain master degree that does not require any experience and still can land you up into a high paying salary. Such degrees are a great kick start to your career and a quick gateway to earn more in your early career.

So, if you are looking for a degree that can get you earned more right at the start of your career. Then, go on, this article is penned down for you!

Check out the salary stats of some of the popular Early Career Masters Degrees

Masters in finance

Master in finance is a postgraduate degree designed exclusively to teach students the insights of finance and financial studies. It is commonly known as MFin or MiF. At some places, it is also offered as a Master of Science in Finance.

Top 5 School to pursue a Master in Finance degree

• London Business School- MSc in Finance
• HEC Paris- Master in International Finance
• MIT Sloan School of Management- Master in Finance
• London School of Economic and Political Science (LSE)- Master of Science in Finance
• Oxford Said School of Business- MSc in Financial EconomicsThe Median Salary for a student graduating with a degree in Finance is USD $80,410

Masters in Management

A Master in Management degree or MiM aims at providing highly advanced knowledge in management including streams like finance, business, marketing, consulting etc. It is designed for young professionals with or without a prior business background.

Top 5 schools for a MIM degree is-

• HEC Paris- MSc in Strategy Management
• London business School-Master in Management
• ESADE Business School- MSc in International Management
• ESSEC Business School- Master in Strategy and International Management
• Imperial College Business School- MSc in ManagementThe average salary of a fresh graduate with a MiM degree starts from USD $63,000.

Masters in Business Analytics

A master in Business Analytics is an interdisciplinary degree that blends the concept of technology, data science, and business studies. It Is a highly advanced degree offered at the postgraduate level to individuals coming from either of computer science or business background. It commonly is known as the MSBA degree and is pursued by highly motivated individuals proficient in mathematics and analytical abilities.

Top 5 universities for an MSBA degree are-

• MIT Sloan School of Management- Master in Business Analytics
• Imperial College Business School- Master of Science in Business Analytics
• University of Texas-McCombs- Master of Science in Business Analytics
• ESSEC Business School- Master in Data Science and Business Analytics
• ESADE Business School- MSc in Business AnalyticsThe salary of a student graduating with a degree in Business Analytics is likely to start from $60,000.

Masters in Engineering Management

A master in engineering management is a specialized degree that offers knowledge in multidisciplinary fields like engineering, technology, and management. It is abbreviated as MEM. The study involves comprehensive skills of engineering and optimization of the same via various business tools.

Since MEM is a highly selective and advanced degree so it functions as a consortium of an elite and highly selected group of professionals collectively forming a MEMPC program.

Top 5 Universities offering an exclusive MEM program is-

• Cornell University
• Dartmouth College
• Duke University
• Stanford University
• University of California- BerkeleyThe median salary for a young professional with a postgraduate degree in engineering management is $129,189.

Masters in Marketing

The master in marketing is a post-graduate degree that focuses on teaching students the skills of middle management and higher marketing positions. It is a varied degree with a lot of choices for specific fields. It is often offered as a Master of Science degree in marketing. The degree is a highly comprehensive one a teaches on the skills necessary to mold into a street-smart individual.

Top Universities to pursue a Master in marketing are as follows-

• Columbia Business School- MS in Marketing Science
• Imperial College Business School- MSc in Strategy Marketing
• HEC Paris- MSc in Marketing
• ESADE School of Business- MSc in Marketing Management
• ESCP Europe- MSc in Marketing and creativityThe median salary for a student graduating with a Master in Marketing degree is USD $96,642.

Master in Entrepreneurship

Master in Entrepreneurship is a highly specialized degree specifically designed for those looking to have their own startup with the vision of turning it into an impactful business. It can be offered as an MSc in entrepreneurship. It is a program that focuses on developing innovation skills in individuals and helping them enhance their creative and problem-solving abilities.

Top colleges offering a Master in Entrepreneurship are-

• Babson College- MSc in Management in Entrepreneurial leadership.
• ESADE Business School- MSc in Innovation and Entrepreneurship
• MIT Sloan School of Management – MBA Entrepreneurship and Innovation
• UCL School of Management- MSc in Entrepreneurship
• Imperial College- MSc in Entrepreneurship and ManagementThe average salary for a student with a graduate degree in entrepreneurship is USD $58,000 which hikes up exponentially once entering the corporate sector.

Conclusion-

Earning a great pay just at the start at your career is a great step towards your future career plans. Just with a bit of research and comprehension of the latest trends in the market, one can very easily try their hands in choosing the right degree for themselves. Higher education is always a great investment and turns out to be one of the best decision in the long run. Whereas, earning a master degree from a top university worldwide is like an icing on the cake.

So sit back, take some time and gear up with your research to choose what suits you the best!