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A master's degree is a type of graduate degree that students earn after completing a bachelor's degree. The typical length of a master's degree program is between two and four years, and the the amount of money a person with a master's degree earns varies based upon the type of degree.
Master's of Science
In November 2009, the annual salary for professionals with a master's of science degree was between $50,677 and $94,289, according to Payscale.com.
Master's of Business Administration
The annual salary for graduates who hold a master's of business administration, or MBA, degree was between $53,005 and $102,292 in November 2009, reports Payscale.com.
Master's in Engineering
Those with a master's degree in engineering earned between $55,000 and $122,079 in November 2009, reports Payscale.com.
Master's in Education
In November 2009, the annual salary for individuals with a master's degree in education was between $35,050 and $60,636, according to Payscale.com.
Master of Arts
Recipients of master's of arts degrees earned between $41,201 and $77,000, as of November 2009, according to Payscale.com.
Source:
Payscale.com: Masters of Science
Payscale.com: Masters of Business Administration
Payscale.com: Masters of Engineering
Resource:
Masters of Education Salaries
Masters of Arts Salaries
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