Bees with Master Degrees and higher, what's your salary?

posted 3 years ago in Career
  • poll: Vote!
    Less than 50k : (40 votes)
    34 %
    50k-60k : (25 votes)
    22 %
    60k-70k : (15 votes)
    13 %
    70k-80k : (7 votes)
    6 %
    80k-90k : (5 votes)
    4 %
    90k-100k : (3 votes)
    3 %
    100k-150k : (11 votes)
    9 %
    150k-200k : (6 votes)
    5 %
    200k+ : (4 votes)
    3 %
  • Post # 3
    24457 posts
    Honey Beekeeper
    • Wedding: June 2009

    You might get more responses with a poll for the dollars. Not everyone wants to type their salaries out.

    I don’t think it was worth it for me. I work in project management. I got a MBA. I’m making the same I would have otherwise but it depends on what you want a degree in.

    Post # 4
    11668 posts
    Sugar Beekeeper
    • Wedding: November 1999

    @weddingbee098:  A higher degree will not necessarily raise your salary. Most likely it won’t raise it significantly in the short term, but potentially will in the long term. It depends on your field. 

    Post # 6
    1093 posts
    Bumble bee
    • Wedding: May 2014

    @MrsWBS:  +1
    I have an MA, but I am not working in my field, so it doesn’t matter.
    However, when I get promoted (in the next few months!), I will be making more money than the base for that position because of the MA.

    Post # 7
    820 posts
    Busy bee
    • Wedding: April 2013

    I don’t have one, but DH does. His salary is only 4k higher than mine (although he gets a larger bonus…). It hasn’t seemed to be worth it yet, but he enjoys learning, so I Guess it wasn’t a waste. His family also pays for all of his school.

    Post # 8
    9412 posts
    Buzzing Beekeeper

    I have an MBA. It was required for me to become a senior manager. Well worth it!

    Post # 9
    5208 posts
    Bee Keeper

    I am interested in hearing the responses. I have been debating this in my own life.

    Post # 10
    922 posts
    Busy bee
    • Wedding: April 2014

    For my field a CPA would be much more beneficial that a MA. But at this point, I don’t think either are worth the time and money

    Post # 11
    4770 posts
    Honey bee
    • Wedding: September 2013

    I have a PhD in biological sciences and I’m unemployed, but I have a second interview this week for a job that’s paying $65K. If I didn’t have a PhD (or master’s), I’d probably be looking at $35K.

    Post # 12
    1670 posts
    Bumble bee
    • Wedding: August 2014

    A higher degree didn’t give me a big salary, but was necessary for my field (I’m an archivist at a major library). No masters, no job – for me anyway! Everyone working here has their masters, either in library science or archival management. 

    Post # 13
    3570 posts
    Sugar bee
    • Wedding: September 2011

    I doubt it.  I have a law degree, but my husband makes a lot more than me with a bachelors in art.

    Post # 14
    7281 posts
    Busy Beekeeper
    • Wedding: October 2011 - Bed & Breakfast

    I think answers may be very career-field specific. I have a BA and make 6 figures. I have staff with masters degrees and JDs working under (and making less than) me. For my particular career field, it’s about getting the bachelors to open the door and then getting lots of experience and being good at the job to move up.

    But the original field I wanted to work in required at least a masters, and preferably a PhD, just to get an entry level position. I didn’t have the luxury of that amount of time to dedicate to schooling, so I switched paths to something where I could start working faster.

    Post # 15
    8850 posts
    Buzzing Beekeeper
    • Wedding: August 2013 - Rocky Mountains USA

    In my field (wildlife biology), you basically can’t get a permanent position without a master’s degree.  So yes, very worth it.

    I make $50,000-$55,000 gross depending on bonuses and overtime.  Not a ton, but the cost of living here is relatively low and we don’t have state income tax, and I really enjoy my job.

    ETA: Also, in the sciences you usually get paid through grants and teaching to go to grad school, so the debt issue is negligible.  Of course, it makes it that much more competitive to get in to a program in the first place.

    Post # 16
    8513 posts
    Bumble Beekeeper
    • Wedding: September 2013

    No, not usually worth it (in general).  If you’re just starting out in the workforce, experience goes a lot farther than higher degrees.  You do need the required degree, but a higher one isn’t necessarily better.  Often times experience is much better to have than an extra (not required) degree.  But this really depends on what field you’re in.  This is just a generalization.

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