How much money can you make with a Masters degree in psychology?
The typical starting salary for a master's degree graduate is around $40,000, while the starting salary for a doctoral graduate is approximately $55,000. According to the Society for Industrial and Organizational Psychology, the top five percent of their members earn in excess of $250,000 a year.
Are there any high paying jobs in psychology?
The 9 Highest Paying Psychology Careers. There is a tremendous diversity among psychology professions, and salaries and yearly earnings are just as varied. In a struggling economy, many students have turned their interest toward some of the highest paying careers in psychology. The highest paying psychologist career salaries average up to $167,000.
What is the highest salary for a psychology professor?
The most lucrative option for teaching psychologists is to seek professorship at a university, where the mean salary is about $80,000. University teaching positions require extensive experience and at least a master’s degree although most universities will require doctoral degrees.