GITNUX REPORT 2024

Top-Paying Masters Degrees: Computer Science, Finance, Data Science Lead

Unveiling the Most Lucrative Masters Degrees: High Salaries, Strong Job Outlook, and Graduates Success.

Author: Jannik Lindner

First published: 7/17/2024

Statistic 1

MBA graduates earn a median starting salary of $115,000

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92% of companies planned to hire MBA graduates in 2021

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The average mid-career salary for MBA graduates is $149,000

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Employment of management occupations is projected to grow 8% from 2021 to 2031

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87% of MBA alumni report that their degree was financially rewarding

Statistic 6

The average MBA program takes 2 years to complete

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The average cost of an MBA degree is $60,000-$100,000

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64% of MBA students receive some form of financial aid

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The number of MBA degrees awarded annually has increased by 33% since 2010

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40% of MBA students are international students

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Computer Science masters graduates earn a median salary of $131,490

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Employment in computer and information technology occupations is projected to grow 15% from 2021 to 2031

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The average starting salary for Computer Science masters graduates is $86,000

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93% of Computer Science masters graduates are employed or pursuing further education within six months of graduation

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The job outlook for software developers is expected to grow 25% from 2021 to 2031

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Computer Science masters programs typically take 1-2 years to complete

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The average cost of a Computer Science masters degree is $40,000-$70,000

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75% of Computer Science masters students receive some form of financial aid

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The number of Computer Science masters degrees awarded annually has increased by 300% since 2010

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30% of Computer Science masters students are international students

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Data Science masters graduates earn a median salary of $126,830

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Employment of data scientists is projected to grow 36% from 2021 to 2031

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The average starting salary for Data Science masters graduates is $95,000

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91% of Data Science masters graduates are employed or pursuing further education within six months of graduation

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The demand for data scientists is expected to create 11.5 million jobs by 2026

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Data Science masters programs typically take 1-2 years to complete

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The average cost of a Data Science masters degree is $35,000-$65,000

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68% of Data Science masters students receive some form of financial aid

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The number of Data Science masters degrees awarded annually has increased by 500% since 2010

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35% of Data Science masters students are international students

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Engineering masters graduates earn a median salary of $99,040

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Employment in engineering occupations is projected to grow 6% from 2021 to 2031

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The average starting salary for Engineering masters graduates is $78,000

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95% of Engineering masters graduates are employed or pursuing further education within six months of graduation

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The job outlook for biomedical engineers is expected to grow 10% from 2021 to 2031

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Engineering masters programs typically take 1-2 years to complete

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The average cost of an Engineering masters degree is $30,000-$60,000

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70% of Engineering masters students receive some form of financial aid

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The number of Engineering masters degrees awarded annually has increased by 50% since 2010

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45% of Engineering masters students are international students

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Finance masters graduates earn a median salary of $131,710

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Employment of financial managers is projected to grow 17% from 2021 to 2031

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The average starting salary for Finance masters graduates is $85,000

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94% of Finance masters graduates are employed or pursuing further education within six months of graduation

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The financial services industry is expected to add about 783,800 new jobs from 2020 to 2030

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Finance masters programs typically take 1-2 years to complete

Statistic 47

The average cost of a Finance masters degree is $50,000-$90,000

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66% of Finance masters students receive some form of financial aid

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The number of Finance masters degrees awarded annually has increased by 40% since 2010

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38% of Finance masters students are international students

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Healthcare Administration masters graduates earn a median salary of $101,340

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Employment of medical and health services managers is projected to grow 28% from 2021 to 2031

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The average starting salary for Healthcare Administration masters graduates is $76,000

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89% of Healthcare Administration masters graduates are employed or pursuing further education within six months of graduation

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The healthcare industry is expected to add about 2.6 million new jobs from 2020 to 2030

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Healthcare Administration masters programs typically take 2-3 years to complete

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The average cost of a Healthcare Administration masters degree is $40,000-$80,000

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72% of Healthcare Administration masters students receive some form of financial aid

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The number of Healthcare Administration masters degrees awarded annually has increased by 75% since 2010

Statistic 60

20% of Healthcare Administration masters students are international students

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Summary

  • Computer Science masters graduates earn a median salary of $131,490
  • Employment in computer and information technology occupations is projected to grow 15% from 2021 to 2031
  • The average starting salary for Computer Science masters graduates is $86,000
  • 93% of Computer Science masters graduates are employed or pursuing further education within six months of graduation
  • The job outlook for software developers is expected to grow 25% from 2021 to 2031
  • MBA graduates earn a median starting salary of $115,000
  • 92% of companies planned to hire MBA graduates in 2021
  • The average mid-career salary for MBA graduates is $149,000
  • Employment of management occupations is projected to grow 8% from 2021 to 2031
  • 87% of MBA alumni report that their degree was financially rewarding
  • Engineering masters graduates earn a median salary of $99,040
  • Employment in engineering occupations is projected to grow 6% from 2021 to 2031
  • The average starting salary for Engineering masters graduates is $78,000
  • 95% of Engineering masters graduates are employed or pursuing further education within six months of graduation
  • The job outlook for biomedical engineers is expected to grow 10% from 2021 to 2031

Move over, unicorn latte art skills – its time to talk about the real masters of the game: Most Valuable Masters Degrees. If youve been pondering which academic path leads to the pot of gold at the end of the rainbow, buckle up as we dive into the statistics that unveil how Computer Science, MBA, Engineering, Data Science, Healthcare Administration, and Finance degrees are not just pieces of paper but golden tickets to lucrative careers and boundless opportunities.

Business Administration

  • MBA graduates earn a median starting salary of $115,000
  • 92% of companies planned to hire MBA graduates in 2021
  • The average mid-career salary for MBA graduates is $149,000
  • Employment of management occupations is projected to grow 8% from 2021 to 2031
  • 87% of MBA alumni report that their degree was financially rewarding
  • The average MBA program takes 2 years to complete
  • The average cost of an MBA degree is $60,000-$100,000
  • 64% of MBA students receive some form of financial aid
  • The number of MBA degrees awarded annually has increased by 33% since 2010
  • 40% of MBA students are international students

Interpretation

In a world where the pursuit of knowledge is often equated with financial success, the MBA stands as the golden ticket to the top of the corporate ladder. With starting salaries that could make even a seasoned professional reconsider their career choices, it's no wonder that business schools are overflowing with aspiring titans of industry. But amidst the allure of big bucks and career growth lies a stark reality: the cost of admission is not just measured in dollars, but in sacrifice and dedication. The rise in MBA degrees awarded annually signifies a competitive landscape where only the most determined and resourceful thrive. So, as we raise our glasses to the MBA elite, let's also remember the sleepless nights, the student loans, and the endless cups of coffee that paved their way to success.

Computer Science

  • Computer Science masters graduates earn a median salary of $131,490
  • Employment in computer and information technology occupations is projected to grow 15% from 2021 to 2031
  • The average starting salary for Computer Science masters graduates is $86,000
  • 93% of Computer Science masters graduates are employed or pursuing further education within six months of graduation
  • The job outlook for software developers is expected to grow 25% from 2021 to 2031
  • Computer Science masters programs typically take 1-2 years to complete
  • The average cost of a Computer Science masters degree is $40,000-$70,000
  • 75% of Computer Science masters students receive some form of financial aid
  • The number of Computer Science masters degrees awarded annually has increased by 300% since 2010
  • 30% of Computer Science masters students are international students

Interpretation

In a world where knowledge is power and technology rules the realm, the allure of a Computer Science masters degree shines bright like a pixelated diamond. With a median salary that could make even the most seasoned code-cracker blush and a job growth rate that would make a ivy-league economist swoon, choosing this path is akin to donning a digital superhero cape. And fear not, for financial aid fairy godmothers sprinkle their magic dust on 75% of hopeful students, helping dreams of binary brilliance become reality. So, whether you're a local software savant or an international code wanderer, the future looks bright in the kingdom of Computer Science.

Data Science

  • Data Science masters graduates earn a median salary of $126,830
  • Employment of data scientists is projected to grow 36% from 2021 to 2031
  • The average starting salary for Data Science masters graduates is $95,000
  • 91% of Data Science masters graduates are employed or pursuing further education within six months of graduation
  • The demand for data scientists is expected to create 11.5 million jobs by 2026
  • Data Science masters programs typically take 1-2 years to complete
  • The average cost of a Data Science masters degree is $35,000-$65,000
  • 68% of Data Science masters students receive some form of financial aid
  • The number of Data Science masters degrees awarded annually has increased by 500% since 2010
  • 35% of Data Science masters students are international students

Interpretation

In a world where data is the new goldrush, it seems the data scientists holding the pickaxes are striking it rich. With a median salary that could make even a seasoned CEO envious and a projected job growth that would make a fortune-teller proud, it's no wonder that Data Science masters programs are becoming the academic mecca of the modern age. But beware, dear students, for while the numbers may dazzle and the promises may be grand, remember that not all that glitters is gold - especially when your bank account is $65,000 lighter. So, as you embark on this data-driven journey, may your algorithms be sharp, your insights be deep, and your coffee be strong, for the data jungle is vast and the competition fierce.

Engineering

  • Engineering masters graduates earn a median salary of $99,040
  • Employment in engineering occupations is projected to grow 6% from 2021 to 2031
  • The average starting salary for Engineering masters graduates is $78,000
  • 95% of Engineering masters graduates are employed or pursuing further education within six months of graduation
  • The job outlook for biomedical engineers is expected to grow 10% from 2021 to 2031
  • Engineering masters programs typically take 1-2 years to complete
  • The average cost of an Engineering masters degree is $30,000-$60,000
  • 70% of Engineering masters students receive some form of financial aid
  • The number of Engineering masters degrees awarded annually has increased by 50% since 2010
  • 45% of Engineering masters students are international students

Interpretation

In the world of academia and career prospects, engineering masters degrees reign supreme with a mix of brainpower and financial firepower. With a median salary that can make many heads spin, coupled with solid job growth projections, it's no wonder why budding engineers are diving headfirst into these programs. And let's not discount the fact that a whopping 95% of graduates are either earning fat paychecks or furthering their education shortly after tossing their caps in the air. It's a battlefield out there, but for these engineering wunderkinds, armed with their degrees and an arsenal of skills, the future seems to be nothing but bright (and lucrative).

Finance

  • Finance masters graduates earn a median salary of $131,710
  • Employment of financial managers is projected to grow 17% from 2021 to 2031
  • The average starting salary for Finance masters graduates is $85,000
  • 94% of Finance masters graduates are employed or pursuing further education within six months of graduation
  • The financial services industry is expected to add about 783,800 new jobs from 2020 to 2030
  • Finance masters programs typically take 1-2 years to complete
  • The average cost of a Finance masters degree is $50,000-$90,000
  • 66% of Finance masters students receive some form of financial aid
  • The number of Finance masters degrees awarded annually has increased by 40% since 2010
  • 38% of Finance masters students are international students

Interpretation

In a world where numbers speak volumes, the statistics regarding the pursuit of a Finance masters degree paint a compelling picture. With a median salary that could make even a Wall Street tycoon blush, and a projected growth rate that defies economic uncertainties, it's no wonder that the financial realm remains a magnetic force for the ambitious. As the industry gears up to welcome almost a million new professionals, the path to a Finance masters degree seems paved with golden opportunities, albeit at a cost that may warrant a few skipped avocado toasts. From international students adding a global flavor to the class dynamic, to the majority leaping into the realm of gainful employment or further education within mere months of tossing their caps, the allure of finance education stands as sturdy as a well-diversified investment portfolio.

Healthcare Administration

  • Healthcare Administration masters graduates earn a median salary of $101,340
  • Employment of medical and health services managers is projected to grow 28% from 2021 to 2031
  • The average starting salary for Healthcare Administration masters graduates is $76,000
  • 89% of Healthcare Administration masters graduates are employed or pursuing further education within six months of graduation
  • The healthcare industry is expected to add about 2.6 million new jobs from 2020 to 2030
  • Healthcare Administration masters programs typically take 2-3 years to complete
  • The average cost of a Healthcare Administration masters degree is $40,000-$80,000
  • 72% of Healthcare Administration masters students receive some form of financial aid
  • The number of Healthcare Administration masters degrees awarded annually has increased by 75% since 2010
  • 20% of Healthcare Administration masters students are international students

Interpretation

In a world where the phrase "health is wealth" is taking on a whole new meaning, the statistics surrounding Healthcare Administration masters degrees paint a promising picture. With a median salary that can make even the most seasoned professionals do a double-take, coupled with a projected job growth rate that would make any investor jealous, it’s clear that this field is not just about managing healthcare—the real currency here is opportunity. And with nearly 9 out of 10 graduates quickly finding their footing in the job market or continuing their education, it seems that investing in a Healthcare Administration masters degree might just be the prescription for a successful and fulfilling career in the booming healthcare industry. After all, when it comes to the business of health, these graduates are proving to be the true masters of their domain.

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