A masters degree in psychology can open the door to many jobs. Some of these jobs are in high demand and offer a high salary. Here, we share the best high-paying jobs and careers you can get with a masters in psychology degree, including universities that offer online master’s degree programs. Interesting, huh? So, relax and read on!
15 Best High-Paying Jobs And Careers With A Masters In Psychology Degree
Psychologists are in high demand in today’s society. They can work in numerous settings, such as schools, hospitals, and private practices. With a masters degree in psychology, you can qualify for many high-paying jobs.
If you want the best high-paying jobs or careers with a masters in psychology or online master’s degree programs, we’ve got you! However, here are the 15 best high-paying jobs and careers for people with a masters in psychology:
#1. Clinical Psychologist
A clinical psychologist is a mental health professional who works with patients to diagnose and treat mental, emotional, and behavioral disorders. Clinical psychologists use a variety of therapies, including cognitive-behavioral therapy, to help patients manage their symptoms and improve their overall well-being.
A career as a clinical psychologist can be very rewarding, both professionally and personally. Clinical psychologists typically earn high salaries, and the job outlook is positive. In addition, they typically need a master’s degree, plus a doctorate in clinical psychology, while some states require licensure. Typically, clinical psychologists earn a median annual salary of $75,000.
#2. School Psychologist
School psychologist is among the best high-paying jobs and careers for people with a master’s in psychology. They work with students to help them overcome any learning or behavioral difficulties they may be experiencing. And also work with teachers and parents to create the best possible learning environment for each student.
Meanwhile, this is a highly rewarding career, as they make a difference in the lives of young people. School psychologists typically have a master’s degree in psychology, and many also have a Doctor of Psychology (PsyD) or a Ph.D. in psychology. In addition, they earn around $85,000 per year.
#3. Counseling Psychologist
A counseling psychologist helps people deal with their problems. They work with people of all ages, from children to adults. Also, they help people with issues, such as depression, anxiety, relationships, and family issues. Following this, counseling psychologists typically have a master’s degree in psychology, although some may have a doctorate.
Furthermore, counseling psychologists work in private practices, hospitals, clinics, and other healthcare settings. They may also work in schools, colleges, and universities, full-time or part-time. Their median salary is about $85,000 per year.
#4. Industrial-Organizational Psychologist
Industrial-organizational psychologist improves the productivity and satisfaction of employees in many areas. There are many reasons an industrial-organizational psychologist is one of the best high-paying jobs for those with a master’s in psychology degree.
- First, industrial-organizational psychologists are in high demand due to the ever-growing need for companies to optimize their workforces.
- Second, industrial-organizational psychologists typically earn a high salary, with some earning over $100,000 per year.
In addition to the high salary, industrial-organizational psychologists enjoy numerous other benefits. For instance, they often have the opportunity to work with different people and organizations, which can be challenging and exciting. Additionally, they have a great deal of autonomy and flexibility in their jobs, which can be appealing to those with a master’s in psychology degree.
#5. Forensic Psychologist
Forensic psychologist use their psychological knowledge to help solve crimes. This can involve working with the police to help solve crimes, working with victims of crime, or working with criminals to help them rehabilitate. They can also work in the courtroom, providing expert testimony on various psychological topics.
Forensic psychologists generally have a master’s or doctoral degree in psychology, and many also have a law degree. Thus, this combination of education and training allows them to work in law enforcement, private practice, and the court system. They also command high salaries, and the job satisfaction rates are generally high.
#6. Neuropsychologist
A neuropsychologist studies how the structure and function of the brain relate to specific behaviors and psychological processes. They use this knowledge to help people with neurological disorders or brain injuries.
Most neuropsychologists have a doctoral degree in psychology, although some may have a master’s degree. Many states require that neuropsychologists be licensed psychologists. Following this, the American Board of Professional Psychology offers a specialty certification in neuropsychology.
In addition, neuropsychologists often work in hospitals, clinics, or private practices. They may also work in research laboratories or government offices, schools, or businesses. Some neuropsychologists work as consultants, providing expert testimony in legal cases involving brain injury or psychological damage. Their salary is around $85,000.
#7. Psychotherapist
Psychotherapists help people deal with mental and emotional disorders. They use many techniques, including talk therapy, to help their patients. Psychotherapists typically have a master’s degree in psychology.
Furthermore, they work in private practices, hospitals, and clinics. The median salary for a psychotherapist is $75,000 yearly.
#8. Sports Psychologist
Sports psychologists help athletes improve their performance. They work with athletes to help them overcome mental hurdles and improve their focus. Sports psychologists usually obtain a master’s degree in psychology and they receive about $85,000.
#9. Research Psychologist
Research psychologists conduct studies on human behavior. They work in universities and government agencies. Research psychologists have a master’s degree and Ph.D. in psychology, and $95,000, as their average payment.
#10. Mental Health Counselor
Mental health counselors provide therapy and counseling services to individuals, couples, families, and groups. They help their clients deal with mental and emotional disorders, life transitions, and other issues.
Mental health counselors typically need a master’s degree in counseling or a related field, and most states require them to be licensed. However, the annual salary for mental health counselors is $60,630.
#11. Marriage and Family Therapist
Marriage and family therapists provide counseling and therapy services to individuals, couples, and families. They help their clients deal with relationship issues, emotional and mental disorders, and others.
However, marriage and family therapists typically need a master’s degree in counseling or a related field, and most states require them to be licensed. Additionally, their annual salary is $50,090.
#12. Rehabilitation Counselor
Rehabilitation counselors help people with physical, mental, developmental, and emotional disabilities live independently. They work with clients to develop skills and create support systems. Meanwhile, most rehabilitation counselors have a master’s degree in rehabilitation counseling. Additionally, they earn $67,500.
#13. Substance Abuse Counselor
Substance abuse counselors help people with substance use disorders. They work with clients to identify triggers, develop coping skills, and create treatment plans. Additionally, most substance abuse counselors have a master’s degree in counseling or a related field. They receive another $68,560.
#14. Educational Psychologist
Educational Psychologists work with students, teachers, and administrators to improve educational outcomes for all learners. The median annual salary for Educational Psychologists is $75,390.
Social Workers help people cope with the challenges of everyday life. They support and assist people dealing with difficult life circumstances, such as poverty, illness, or addiction. The median annual salary for Social Workers is $47,980.
10 Best Universities That Offer Online Master’s Programs In Psychology
The study of psychology is important as it helps one to understand human behavior. There are many different online master’s programs in psychology that can help you to further your studies in this field. So, below are 10 of the best universities that offer online master’s programs in psychology:
- University of Georgia
- Walden University
- Pepperdine University
- Capella University
- Arizona State University
- Harvard University
- University of Michigan
- Stanford University
- Adler University
- Northwestern University
What’s The Difference Between Masters of Arts In Psychology And Masters of Science In Psychology?
A Master of Arts (MA) in Psychology degree focuses on human behavior from a liberal arts perspective. On the other hand, a Master of Science (MS) in Psychology degree focuses on the scientific study of human behavior.
Hence, both degrees can lead to careers in psychology, but the MA may be more beneficial for those interested in counseling or social work, while the MS may be more beneficial for those interested in working in research or academia.
Is Getting A Masters In Psychology Worth It?
It depends on some factors, including the specific Masters degree you want, your career goals, and the cost of attendance for the specific Masters program. However, masters in psychology are worth it, as they can provide you with skills that can be very beneficial in your career.
Can You Make Money With A Masters In Psychology?
Yes, you can make money with a master’s in psychology. Truly, you can become a practicing psychologist. However, there are other options as well.
You can also become a professor of psychology at a college, or university, or work in a research capacity for a government agency or private corporation. There are also non-profit organizations that employ psychologists in various capacities.
What Can You Do With A Masters In Psychology In Indiana?
A Masters in Psychology can lead to many career paths in Indiana. You can work in a hospital, clinic, private practice, or even school. You can also work as a research psychologist or a counseling psychologist.
Notwithstanding, you have other options to choose the best suits your needs and interests. Additionally, you can get a Ph.D. in Psychology if you want to pursue a career in academia or research.
What Is The Average Salary With A Masters In Psychology In Indiana?
The average salary for a Masters in Psychology in Indiana is approximately $60,000 per year.
What Companies Are Hiring For Masters Degree Psychology Jobs In New York, NY?
Many companies in New York City are hiring for masters degree psychology jobs. Some of these companies include:
- The New York State Office of Mental Health
- The New York City Department of Health and Mental Hygiene
- The New York City Department of Education
- The New York State Department of Health
Note that each of these organizations is responsible for different aspects of mental health care in New York City.
Conclusion
In conclusion, a career in psychology can be very rewarding, financially and emotionally. So, with a master’s degree in psychology, you can qualify for some of the best high-paying jobs or careers. However, if you are passionate about helping others and making a difference in their lives, then psychology can be the best career for you.
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