Top 5 Highest Paying Master’s Degrees

Many employers now say higher education absolutely would help you move up in your career. Indeed, look at your typical entry level jobs. Many today now require a master’s and if you intend to move on to a senior management and senior professional position, you will probably require a master’s. Oh. And one other thing. Having a master’s degree can increase your annual earning potential beyond your annual compensation without a master’s.

Petroleum Engineering

At the top of this ranking is Petroleum Engineering, which also took first place among the Bachelor’s Degrees with the Highest Earning Potential. Careers associated with this degree, described by the Bureau of Labor Statistics as belonging to those who “design and develop methods for extracting oil and gas from deposits below the earth’s surface,” pay early career wages of $96,500 and mid-career wages of $173,000.

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