In a world filled with uncertainties, one thing remains constant – the value of a degree obtained in the United States. Even amidst the challenging backdrop of a pandemic, graduate salaries in the US continued to rise, reinforcing the notion that an education from the United States is a wise investment. Whether you have aspirations of further study or not, having a US degree in your student application will always give you a competitive edge, regardless of where you choose to apply.
If you’re considering pursuing a master’s degree in the US, you’re probably already aware of the enticing prospect of a substantial salary boost. On average, a Master of Science (MS) graduate in the United States earns a solid $73,900, which amounts to approximately 54.03 lakh per year. And that’s just the starting point; this figure can soar to an impressive $127,000 or more, depending on your field of expertise and experience.
In this article, we will delve into the exciting world of post-MS career prospects in the USA, with a focus on some of the most sought-after specializations. Let’s explore the high-paying jobs after an MS in the USA, sector by sector.
MS in Data Science in USA
A Master of Science in Data Science in the USA is a 1.5 to 2-year program, known for offering some of the most lucrative career opportunities. Fresh graduates with an MS in Data Science can expect to earn an average salary ranging from $90,000 to $125,000 annually. However, this is just the beginning. With experience and expertise, data scientists can command salaries of $155,000 or more.
In the US, cities like Los Angeles, New York, Houston, and San Diego stand out as hotspots for high-paying positions in data science. Top-tier companies like Apple, Microsoft, Facebook, and Amazon eagerly seek out MS graduates in Data Science to fill their ranks. The demand for data-driven decision-making continues to grow, making this field exceptionally promising for aspiring professionals.
MS in Business Analytics in USA
The United States boasts an impressive 43 universities within the top 100 worldwide that offer degrees in Business Analytics. Pursuing an MS in Business Analytics in the USA can be a rewarding investment. While the average tuition cost ranges from $20,000 to $80,000 annually, the return on investment is substantial.
According to the Bureau of Labor Statistics (BLS), business analysts earn a mean salary of $94,000 per year. However, the benefits of this degree don’t stop there. Graduates with a Master’s in Business Analytics open doors to various job prospects, including roles such as Financial Analyst, Data Scientist, and Management Analyst, to name a few.
Here’s an overview of average annual salaries for related positions:
[Infographic 1: Salaries of Various Job Roles after MS in Business Analytics]
Masters in Computer Science in USA
Masters in Computer Science is another sought-after specialization in the USA, offering high-paying job opportunities. Over 400 universities in the US offer this 1 to 2-year program. While tuition fees can range from $13,500 to $141,000 for the entire duration of the course, the investment can lead to a wealth of career possibilities.
A master’s degree in computer science can propel you into diverse job roles, including Computer and Information Research Scientist or Information Research Scientist. Salaries in this field vary, with Computer and Information Research Scientists earning an average of $118,000 annually and Hardware Computer Engineers receiving around $114,000 per year.
Here’s an overview of average annual salaries for these roles:
[Infographic 2: Salaries of Various Job Roles after MS in Computer Science]
Top Paying Jobs after MS in USA
The opportunities for high-paying jobs after earning your MS in the USA are vast, but the specific career path you choose can depend on various factors. These factors include your chosen specialization, the reputation of the university or college you graduate from, your alumni networks, and your individual profile. To give you a quick snapshot, here are some of the top-paying specializations after an MS in the USA:
- Engineering Management
- Median Annual Salary: $144,830
- Petroleum Engineering
- Median Annual Salary: $137,720
- Computer Science
- Median Annual Salary: $126,830
- Aerospace/Aeronautical Engineering
- Median Annual Salary: $118,610
- Chemical Engineering
- Median Annual Salary: $108,540
- Median Annual Salary: $108,350
- Statistics / Data Science
- Median Annual Salary: $103,930
- Electrical & Electronics Engineering
- Median Annual Salary: $100,830
- Material Science Engineering
- Median Annual Salary: $95,640
- Median Annual Salary: $92,620
- Mechanical Engineering
- Median Annual Salary: $90,160
These figures highlight the vast potential that awaits you in the United States after completing your master’s degree.
A Master of Science degree obtained in the United States can serve as a gateway to a world of career opportunities and impressive salaries. Whether you’re inclined towards data science, business analytics, computer science, or any other specialization, the US offers a diverse range of high-paying job prospects. Your future success depends on your dedication, expertise, and the choices you make. So, set your sights on your desired specialization, work diligently towards your degree, and unlock the door to a prosperous career in the USA.