There is tremendous diversity among psychology professions, and salaries and yearling earning 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.
Is it worth it to major in psychology?
The short answer is yes. A bachelor’s degree in psychology sets you up for success whether you enter the workforce immediately or continue to graduate school. … Some careers in psychology require academic degrees at the master’s or doctorate levels, but a bachelor’s degree by itself can also be valuable.
What major in psychology makes the most money?
Psychiatry is by far the best-paying psychology career. The average salary is $245,673, according to the BLS. Job growth for psychiatrists is expected to be 15 percent by 2024, which is much faster than the average for all occupations.
Do Psych majors make a lot of money?
Those working in clinical psychology make an average of $80,000 per year as of 2015, but can make much more with experience. For example, those with under five years of experience may make under $60,000 per year on average while those with over 10 years of experience can make well over $100,000.
What is the highest paying job with a bachelors in psychology?
Most career counselors earn about $56,000, though it’s possible to earn more. It is one of the highest-paying jobs for a bachelor’s in psychology. Career counselors in schools and government education agencies tend to earn the most; the top earners in this profession can earn $95,000.
Is psychology a good career?
Psychology is a vital field now because of the increasing focus on mental health and wellbeing. If you want to take up psychology as a career, check out how you can study it, various specialisations, and the job opportunities and scope in this field. … Needless to say, the scopes of psychology, as a career, are huge.
Is a PhD in psychology worth it?
If you want to be rich, a PhD is not a quick win. You can definitely make a very nice living with a psychology PhD, in several different types of jobs. But grad school is expensive–even if you have a stipend to cover your costs, you will not be earning enough money to save, and you may additionally be acquiring loans.
Is psychology a low paying major?
The report found that STEM degrees—science, technology, engineering, and math—tend to be the highest-paying undergraduate majors these days. … Median incomes for teaching or serving degrees—including education, psychology, and social work majors—were lowest, at $46,000. Business majors were in between, at $65,000.
What can I do with a BS in psychology?
8 Jobs You Can Do with a Bachelor’s Degree in Psychology
- Social Worker. Social work is a common landing spot for graduates with a bachelor’s degree in psychology. …
- Market Researcher. …
- Advertising Agent. …
- Child Care Worker. …
- Teacher. …
- Career Counselor. …
- Writer. …