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15 Careers Where Grad Degrees Boost Your Income {infographic}

T2-IG-15-Careers-Where-Grad-Degrees-Boost-Your-Income2

Graduate degrees can have a significant impact on your income in the right field. Average lifetime salaries are directly correlated to education in many fields.
Average Lifetime Earnings by Degree (Bar Graph)
High School Diploma: $1.2 million
Bachelor’s Degree: $2.1 million
Master’s degree: $2.5 million
Doctoral degree: $3.4 million
Professional degrees: $4.4 million

Lucrative Jobs for Graduate Students

Medical & Health Services Managers
Lifetime earnings with a bachelor’s degree: $2.7 million
Lifetime earnings with a graduate degree: $3.5 million (show in piles of money)
Average Annual Salaries: Medical & Health Services Managers with salaries in the top 10% of their field earn more than $144,880. Those in the bottom 10%
earn less than $51,280. (show in horizontal bar graph)

Sales Managers
Lifetime earnings with a bachelor’s degree: $3.5 million
Lifetime earnings with a graduate degree: $4.3 million
Average Annual Salaries: Sales Managers with earnings in the top 10% of their field earn more than $166,400. Those in the bottom 10% earn less than $49,960.

Business Operations Specialists
Lifetime earnings with a bachelor’s degree: $2.3 million
Lifetime earnings with a graduate degree: $3.1 million
Average Annual Salaries: Business Operations Specialists with earnings in the top 10% of their field made more than $111,960. Those in the bottom 10% earned less than
$35,160.

Purchasing Managers
Lifetime earnings with a bachelor’s degree: $2.9 million
Lifetime earnings with a graduate degree: $3.7 million
Average Annual Salaries: Purchasing Managers with earnings in the top 10% of their field earn more than $158,920. Those with earnings in the bottom 10% earn less than
$57,360.

Chemists and Material Scientists
Lifetime earnings with a bachelor’s degree: $2.5 million
Lifetime earnings with a graduate degree: $3.4 million
Average Annual Salaries: Chemists and Material Scientists with earnings in the top 10% of their field earn more than $116,130. Those in the bottom 10% earn less than
$39,250.

Securities, Commodities & Financial Services Sales Agents
Lifetime earnings with a bachelor’s degree: $3.4 million
Lifetime earnings with a graduate degree: $4.4 million
Average Annual Salaries: Securities, Commodities, and Financial Services Sales agents with earnings in the top 10% of their field made over $166,400. Those in the bottom 10%
made less than $31,330.

Financial Analysts
Lifetime earnings with a bachelor’s degree: $2.7 million
Lifetime earnings with a graduate degree: $3.8 million
Average Annual Salaries: Financial Analysts with earnings in the top 10% of their field made more than $141,700. Those with earnings in the bottom 10% made less than
$44,490.

Financial Managers
Lifetime earnings with a bachelor’s degree: $3.1 million
Lifetime earnings with a graduate degree: $4.2 million
Average Annual Salaries: Financial Managers with earnings in the top 10% of their field made more than $166,400. Those with earnings in the bottom 10% made less than
$56,120.

Secondary School Teachers
Lifetime earnings with a bachelor’s degree: $1,800,000
Lifetime earnings with a graduate degree: $2,217,000
Average Annual Salaries: High school teachers with earnings in the top 10% of their occupation make more than $83,230. Those in the bottom 10% make less than $35,020.

Registered Nurses
Lifetime earnings with a bachelor’s degree: $2,527,000
Lifetime earnings with a graduate degree: $3,044,000
Average Annual Salaries: RNs with earnings in the top 10% earn more than $95,130. Those in the bottom 10% make less than $44,190.

Secretaries and Administrative Assistants
Lifetime earnings with a bachelor’s degree: $1,500,000
Lifetime earnings with a graduate degree: $1,600,000
Average Annual Salaries: Secretaries and administrative assistants with earnings in the top 10% of their field make more than $55,960. Those in the bottom 10% make less than
$21,730.

Police Officers
Lifetime earnings with a bachelor’s degree: $2,700,000
Lifetime earnings with a graduate degree: $3,100,000
Average Annual Salaries: Police and detectives with earnings in the top 10% of their field make more than $88,870. Those in the bottom 10% make less than $32,440.

Pharmacists
Lifetime earnings with a bachelor’s degree: $4,000,000
Lifetime earnings with a graduate degree: $4,400,000
Average Annual Salaries: Pharmacists with earnings in the top 10% of their field make more than $138,620. Those in the bottom 10% earn less than $82,090.

Clergy
Lifetime earnings with a bachelor’s degree: $1,600,000
Lifetime earnings with a graduate degree: $1,800,000
Average Annual Salaries: Clergy members with earnings in the top 10% of the field make more than $77,290. Those in the bottom 10% make less than $22,370.

Social Workers
Lifetime earnings with a bachelor’s degree: $1,600,000
Lifetime earnings with a graduate degree: $2,000,000
Average Annual Salaries: Social workers with earnings in the top 10% of their field make more than $70,390. Those in the bottom 10% make less than $26,710.

Sources:

http://usgovinfo.about.com/od/moneymatters/a/edandearnings.htm

http://www.mainstreet.com/slideshow/moneyinvesting/education-planning/10-careers-where-graduate-school-worth-it

http://www.bls.gov/ooh/sales/securities-commodities-and-financial-services-sales-agents.htm#tab-5

http://www.bls.gov/ooh/management/sales-managers.htm#tab-5

http://www.bls.gov/ooh/business-and-financial/financial-analysts.htm#tab-5

http://www.bls.gov/ooh/management/financial-managers.htm#tab-5

http://www.bls.gov/ooh/life-physical-and-social-science/chemists-and-materials-scientists.htm#tab-5

http://www.bls.gov/ooh/management/natural-sciences-managers.htm#tab-5

http://www.bls.gov/oes/current/oes131199.htm

http://www.bls.gov/ooh/Management/Medical-and-health-services-managers.htm#tab-5

http://www9.georgetown.edu/grad/gppi/hpi/cew/pdfs/collegepayoff-complete.pdf

http://www.bls.gov/ooh/education-training-and-library/high-school-teachers.htm#tab-5

http://www.bls.gov/ooh/healthcare/registered-nurses.htm#tab-5

http://www.bls.gov/ooh/office-and-administrative-support/secretaries-and-administrative-assistants.htm#tab-5

http://www.bls.gov/ooh/protective-service/police-and-detectives.htm#tab-5

http://www.bls.gov/ooh/Healthcare/Pharmacists.htm#tab-5

http://www.bls.gov/oes/current/oes212011.htm

http://www.bls.gov/ooh/Community-and-Social-Service/Social-workers.htm#tab-5