By enrolling in a master's in psychology program, learners gain specialized knowledge in a particular area of psychology.
For this reason, many prospective psychologists choose a master's as their terminal degree. However, aspiring clinical psychologists should pursue a doctoral degree in psychology. Consider the factors below when deciding if a master's degree in psychology is right for you.
Pros | Cons of Getting a Master's in Psychology
The Master's Degree in Psychology is More Moderate in Length
For motivated students, a master's in psychology program can take anywhere from two to four years to complete. While this is a more significant time commitment, many master's degree in psychology students are prepared for this after completing their undergraduate.
Some students are able to earn their BS and master's degree in psychology in psychology concurrently; high earnings with less time commitment than Ph.D.
Lower earning power than Ph.D. in psychology graduates; less time to refine expertise in an academic setting
You Can Enter the Workforce with Tangible Skills
Most master's degree in psychology candidates work as assistants, volunteers or interns while in school, all of which give them an opportunity to pay for school. Master's in psychology students are guaranteed to obtain practical experience by working in their field of interest.
Some nonprofits rely heavily on the support of master's in psychology students, meaning that for qualified applicants there is no shortage of experiential opportunities.
Requires the ability to balance both work and school
It's More Flexible Than a Ph.D.
Master's degree in psychology students may find that their conventional learning experiences become more flexible. Every master's in psychology and doctoral student is required to complete hands-on learning experiences in order to graduate, in addition to cumulative graduation projects. Some colleges understand this can be difficult for working professionals, and may be inclined to offer flexible scheduling.
Weekend, evening, hybrid and online courses are surfacing more and more commonly in graduate-level psychology curriculums.
Some master's degree in psychology programs have very rigid and clearly defined expectations. Many universities recommend students do not work at all in sustainable, wage-earning employment, saving their time and energy for studies and practicums; while others expect students to make themselves available during full-time, day-schedule courses.
It Makes You More Specialized
Perhaps the most exciting part about pursuing a master's in psychology is the chance to dig into the area of psychology that interests you most. Substance abuse, sports psychology, family/marriage counseling and social work are all fields in which master's in psychology students can choose to major, minor or double major.
These specialties often come with the opportunity to gain licensures and certifications that will help master's in psychology students further separate themselves from their peers and other up-and-coming professionals. Learning stays fresh and engaging, while at the same time allowing for enough repetition to build confidence and familiarity with concepts.
Earning a master's degree in psychology takes time, patience and practice, and graduate-level students can sometimes be intimidated by the fact almost all of the material they are presented with is brand new and highly in-depth.
Featured Online Programs
Figuring out where to apply? These top, accredited schools offer a variety of online degrees. Consider one of these accredited programs, and discover their value today.
Frequently Asked Questions About Master's in Psychology Programs
The length of a psychology master's program depends on many factors, including program requirements, specialization options, and whether the program requires a thesis. Enrolling part time can also lengthen a program. Some schools offer accelerated or online options that can shorten the overall time to completion.
Requirements vary by program. Many master's programs in psychology require 30-40 credits. Generally, students may select a concentration such as clinical, social, or organizational psychology. Some programs require a formal thesis project, while others culminate in a portfolio or comprehensive exam.
Yes. Earning a master’s degree in psychology not only prepares you for more advanced careers in the field, but may also lead to a higher salary. Master's programs in psychology also prepare you for doctoral studies, which can lead to a professional, independent career as a mental health clinician.
Students interested in clinical psychology may want to consider this field, which is also known as sensation and perceptual psychology.
Those interested in working with children might wish to explore this topic.
Courses focus on the perception, motivation, and market research methodology behind the science of consumer marketing, perfect for industrial/occupational psychology students.
This field requires psychologists who know how to assess the motivations, desires, and pathologies of victims and criminals.
Focused on the psychology behind military life, this concentration focuses on stress and anger management techniques, as well as grief and leadership strategies.
This concentration focuses on helping young people realize their goals and develop effective and productive habits and life skills.
Students use their specialized research and analysis skills to explore perception, attentional processes, and motor skills.
What Kinds of Psychology Careers Can I Pursue With a Master's Degree in Psychology?
Upon graduating with a master's in psychology degree, individuals can explore a variety of clinical positions. Some students may go on to teach in community colleges. Others apply to a psychology graduate school, where they gain the skills and experience to practice clinical psychology.
After completing a master's degree in psychology, individuals can work in a variety of roles, including those below. Read on to browse possible job titles and salary data from the Bureau of Labor Statistics (BLS).
Career Options for Master’s Degree in Psychology Holders
Average Annual Salary: $35,630
School and Career Counselors
Average Annual Salary: $56,310
Mental Health Counselors and Marriage and Family Therapists
Average Annual Salary: $50,090
Average Annual Salary: $80,370
What Job Settings Do Master's Degree in Psychology Holders Work In?
Master's in psychology programs give students a wide, valuable skill set, making them ideal candidates for careers in various industries. Psychologists often work in independent practices, schools, government facilities, and hospitals.
According to the BLS, California, New York, and Texas employ the most clinical, counseling, and school psychologists. These professionals earn the highest average wages in California, Oregon, and New Jersey. They most frequently work in elementary and secondary schools, and within the offices of other healthcare providers.
For industrial psychology, Virginia and Massachusetts employ the most professionals and offer the highest average salary. These psychologists most commonly work in scientific research and other development services.
All other psychologists, and those practicing more generally, earn the most in California, Maryland, and Kansas. General psychologists most often work for the government, in the offices of other providers, and at colleges and universities.
What Do Higher Education and Career Advancement Opportunities Look Like After a Master's in Psychology?
Other Wages and Careers in Psychology by Degree Level
Typical Duration: 4-7 years
Median Annual Wage: $84,000
Sample Careers: Clinical Psychologist, Counseling Psychologist, Research Psychologist, Learning Disabilities Specialist, University Clinical Psychologist, School Psychologist, Forensic Psychologists, Human Factors/Industrial-Organizational Psychologists, Criminal Psychologist