Different Types of Master's in Psychology Degrees: The Complete Guide

Psychology is a broad field, and earning a master’s degree in psychology can open the door to numerous rewarding career opportunities. Whether you’re interested in clinical practice, research, or a specialized area such as forensic or industrial-organizational psychology, there are many types of master’s in psychology programs designed to match your interests.

A master’s in psychology can lead to positions in counseling, academia, healthcare, and business. According to the U.S. Bureau of Labor Statistics (BLS), employment of psychologists is projected to grow by 7% between 2023 and 2033, which is faster than the average for all occupations.

With the demand for mental health professionals continuing to rise, obtaining a specialized degree in psychology could be a wise investment for your future.

What Is a Master’s in Psychology?

A master’s in psychology is a graduate-level degree designed to provide advanced knowledge and training in various psychological theories, research methods, and practical applications. The degree typically takes two to three years to complete, depending on the program and whether students enroll full-time or part-time.

There are two main types of master’s in psychology degrees: the Master of Arts (MA) in Psychology and the Master of Science (MS) in Psychology. Both degrees offer a foundation in psychological principles, but they cater to different career paths. While an MA in Psychology tends to focus more on theory and humanities-based courses, an MS in Psychology emphasizes scientific research and quantitative analysis.

Graduates of a master’s in psychology program can pursue careers in mental health counseling, academic research, human resources, school psychology, and more. In some cases, a master’s degree is a stepping stone toward obtaining a doctoral degree in psychology, which may be required for psychologist licensure in certain states or specialized fields.

What Are the Types of Master’s in Psychology?

There are several types of master’s in psychology degrees, each tailored to specific career paths and areas of expertise. While all programs cover the core principles of psychology, they differ in terms of coursework, hands-on training, and career outcomes. Below is a breakdown of the main types of master’s in psychology programs.

Master of Arts in Psychology

An MA in Psychology is generally focused on the theoretical and applied aspects of psychology. This degree typically includes coursework in areas such as developmental psychology, personality theory, and ethics. Students may also take courses in social sciences or humanities to gain a well-rounded understanding of human behavior.

An MA in Psychology is often chosen by individuals who plan to enter careers in counseling, social services, or education. In some cases, graduates of an MA program may pursue further study at the doctoral level, especially if they are interested in research or academic positions.

Key highlights of an MA in Psychology:

Focuses on theoretical frameworks and qualitative research
May include courses in counseling techniques, cultural psychology, and psychological ethics
Prepares students for roles in mental health services, education, and community outreach

Master of Science in Psychology

An MS in Psychology places a greater emphasis on scientific research and quantitative analysis. This degree is ideal for students who are interested in conducting experiments, analyzing data, and applying psychological principles to solve real-world problems.

MS programs often include courses in statistics, research design, cognitive psychology, and biological psychology. Graduates of an MS program are well-prepared for research positions, data analysis roles, and further academic study at the doctoral level. Many MS in Psychology programs also offer specializations, such as clinical psychology or neuroscience.

Key highlights of an MS in Psychology:

Focuses on empirical research and data-driven methodologies
Often includes a strong foundation in statistics and experimental psychology
Prepares students for research roles, data analysis positions, or doctoral study in psychology

Master’s in Clinical Psychology

A master’s in clinical psychology is designed for individuals who want to pursue careers in mental health counseling and therapy. This degree program, which could be structured as either an MA or an MS program, emphasizes clinical skills, diagnostic techniques, and therapeutic interventions.

Clinical psychology programs usually require students to complete supervised clinical practicum hours, allowing them to gain hands-on experience working with patients.

Clinical psychology graduates often pursue licensure as mental health counselors or psychologists, depending on state regulations. Many clinical psychology programs also prepare students for further study at the doctoral level, which may be required for certain types of state licensure.

Key highlights of a Master’s in Clinical Psychology:

Focuses on diagnosing and treating mental health disorders
Includes coursework in psychotherapy techniques, psychological assessment, and ethics
Requires clinical practicum hours for hands-on experience
Prepares students for licensure and practice as mental health professionals

Master’s in Counseling Psychology

A master’s in counseling psychology prepares students to become licensed counselors who work directly with clients in various settings, including schools, private practices, hospitals, and community centers.

This degree emphasizes developing skills in therapeutic techniques, client assessment, and group counseling. Students also learn about ethical issues in counseling and are typically required to complete a clinical internship or practicum before graduating.

Counseling psychology graduates often pursue roles as licensed professional counselors (LPCs) or mental health counselors, and they may work with clients experiencing a wide range of emotional and psychological challenges.

Key highlights of a Master’s in Counseling Psychology:

Focuses on client counseling and therapeutic interventions
Prepares students for licensure as professional counselors
Includes practical training through supervised internships or clinical practicums

Master’s in Industrial-Organizational (I/O) Psychology

A master’s in industrial-organizational (I/O) psychology applies psychological principles to workplace environments. This degree focuses on areas such as employee behavior, organizational development, and human resources. Students typically study topics like motivation, leadership, performance evaluation, and work-life balance to help organizations improve productivity and employee satisfaction.

Graduates with an I/O psychology degree often work as consultants, human resources specialists, or organizational development managers. They may assist companies with employee training, performance assessments, and developing strategies for improving workplace morale.

Key highlights of a Master’s in Industrial-Organizational Psychology:

Focuses on applying psychological principles to business environments
Prepares students for roles in human resources, employee development, and organizational consulting
Includes coursework in leadership, motivation, and employee behavior analysis

Master’s in Forensic Psychology

A master’s in forensic psychology combines psychology with the criminal justice system. This degree focuses on understanding criminal behavior, assessing offenders, and working within legal frameworks.

Forensic psychology students often study topics like criminal profiling, psychological assessments in court cases, and the treatment of criminal offenders. They may also explore how psychological principles can be applied to witness testimony, jury selection, and rehabilitation.

Graduates of forensic psychology programs may work in settings such as correctional facilities, law enforcement agencies, and legal consultancies. Some forensic psychologists work closely with lawyers and judges to provide expert testimony or psychological evaluations in court cases.

Key highlights of a Master’s in Forensic Psychology:

Focuses on the intersection of psychology and the legal system
Prepares students for roles in criminal justice, law enforcement, and legal consulting
Includes coursework in criminal behavior, legal systems, and psychological assessments

Master’s in School Psychology

A master’s in school psychology prepares students to work in educational settings, helping children and adolescents with emotional, social, and academic challenges. This degree emphasizes understanding child development, learning disabilities, and behavior management techniques.

School psychology programs also focus on collaboration with teachers, parents, and administrators to create supportive learning environments.

Students in school psychology programs are required to complete a supervised internship in a school setting, where they apply their skills in assessment, counseling, and intervention strategies.

Graduates of a school psychology program typically become licensed school psychologists, working in K-12 schools or other educational environments to support student well-being and learning.

Key highlights of a Master’s in School Psychology:

Focuses on child and adolescent development and educational psychology
Prepares students for licensure as school psychologists
Includes an internship requirement in a school setting for hands-on experience

Why Earn a Master’s in Psychology?

Earning a master’s in psychology can offer numerous professional and personal benefits. Whether you’re aiming to advance in your current career, switch paths, or specialize in a particular area of psychology, a master’s degree can open up a wide range of opportunities.

The skills and knowledge gained through these programs prepare graduates for diverse roles in healthcare, education, business, and government. Below are some key reasons why pursuing a master’s in psychology might be the right choice for you.

Benefits of Earning a Master’s in Psychology

A master’s in psychology can lead to both personal growth and career advancement. Some of the key benefits include:

Increased Career Opportunities: A master’s degree qualifies you for more specialized roles in psychology, such as clinical mental health counseling, industrial-organizational psychology, or forensic psychology. These positions often require more advanced education than a bachelor’s degree can provide.
Higher Earning Potential: Professionals with a master’s in psychology often earn higher salaries compared to those with only a bachelor’s degree.
Professional Recognition: Holding a master’s degree demonstrates advanced knowledge and skills in your field, which can make you a more competitive candidate when applying for jobs. It also provides opportunities for licensure and certifications that are required for certain positions, such as licensed counselors or school psychologists.
Specialization: A master’s in psychology allows you to specialize in areas such as clinical psychology, forensic psychology, or organizational psychology, tailoring your education to match your career goals.
Preparation for Doctoral Study: Many students use a master’s degree as a stepping stone to a doctoral program, which is typically required for roles like clinical psychologist or university professor. A master’s program provides essential research experience and foundational knowledge needed for a PhD or PsyD program.

Reasons to Study Online

Studying online is becoming an increasingly popular option for students pursuing a master’s in psychology. The flexibility, convenience, and accessibility of online programs can make earning your degree more manageable, especially for working professionals or those with other responsibilities.

Key reasons to consider an online master’s in psychology program include:

Flexibility: Online programs often allow students to set their own schedules, making it easier to balance work, family, and other commitments while pursuing a degree.
Accessibility: Online learning opens up access to top-tier programs regardless of your geographical location. This can be particularly advantageous for students who live far from a university offering their desired specialization.
Cost Savings: While tuition costs for online programs may not differ significantly from traditional on-campus options, online students often save money by avoiding costs associated with commuting, housing, and campus fees.
Technological Integration: Many online psychology programs integrate cutting-edge technology into their coursework, such as virtual counseling labs, interactive simulations, and data analysis tools, which can enhance your learning experience.
Diverse Peer Network: Online programs often attract students from various locations and backgrounds, offering the opportunity to network with professionals from across the country or even around the world.

How Much Does a Master’s in Psychology Cost?

The cost of earning a master’s in psychology varies widely depending on several factors, including the type of program, the institution, location, and whether the program is offered online or in person. Below is a breakdown of the cost considerations for different types of master’s in psychology programs.

Cost of an MA in Psychology

An MA in Psychology program can range in cost depending on whether it is offered at a public or private institution. In general, MA programs tend to focus more on the theoretical and humanities aspects of psychology, but the tuition for these programs can vary significantly.

Estimated average cost at public universities: $15,000 to $30,000 per year
Estimated average cost at private universities: $30,000 to $60,000 per year
Online programs: Similar in cost to in-person programs, but savings may occur due to lower fees related to campus resources and commuting

Students pursuing an MA in Psychology should also account for additional expenses such as textbooks, technology fees, and research materials. Financial aid and scholarships can offset some of these costs.

Cost of an MS in Psychology

An MS in Psychology typically emphasizes scientific research and quantitative analysis. The cost of MS programs may be similar to that of MA programs, but students may face additional fees related to lab work, research materials, and specialized software for data analysis.

Estimated average cost at public universities: $18,000 to $35,000 per year
Estimated average cost at private universities: $35,000 to $70,000 per year
Online programs: Costs may be slightly lower, with some institutions offering reduced tuition for fully online degrees

Many MS programs require students to complete a thesis or research project, which can add to the overall cost through the need for research materials, lab equipment, and software licenses.

Cost of Other Master’s in Psychology Programs

Master’s programs in specialized topics will also have varying tuition costs. For example, clinical psychology programs tend to be more expensive due to the required clinical practicums, supervision, and hands-on training components. These programs often include internships and extensive fieldwork, which can add to the overall cost.

I/O psychology programs, which focus on applying psychological principles to workplace environments, can also vary widely in cost. These programs often include additional expenses for research projects and internships in business settings.

Master’s in Psychology Curriculum

The curriculum for a master’s in psychology varies depending on the type of degree you pursue. While all programs cover foundational psychological theories and research methods, each specialization focuses on different areas of study tailored to specific career paths.

MA in Psychology Curriculum

The curriculum for a Master of Arts in Psychology typically focuses on a mix of theoretical and applied psychology, emphasizing human behavior, ethics, and qualitative research. Core courses may include:

Developmental Psychology: Understanding psychological growth from infancy through adulthood
Personality Theory: Examining major theories of personality development and psychological disorders
Qualitative Research Methods: Training in qualitative research, interviews, and case studies
Ethics in Psychology: Exploring the ethical standards and legal issues in psychological practice

Students in MA programs often complete a thesis or capstone project, demonstrating their ability to apply psychological theories to real-world issues.

MS in Psychology Curriculum

The Master of Science in Psychology curriculum places a strong emphasis on empirical research, data analysis, and quantitative methods. Students gain skills in scientific inquiry and psychological measurement. Key courses typically include:

Statistics for Behavioral Sciences: Advanced statistical techniques for analyzing psychological data
Research Design and Methodology: Instruction in designing and conducting psychological experiments
Cognitive Psychology: Studying mental processes such as memory, perception, and problem-solving
Biopsychology: Exploring the biological basis of behavior and neurological processes

MS students are usually required to complete a research-based thesis, which involves conducting original psychological research under the guidance of a faculty advisor.

Clinical Psychology Curriculum

A master’s in clinical psychology curriculum is heavily focused on clinical assessment, diagnosis, and therapeutic interventions. It includes hands-on practicum experiences where students work directly with clients. Common courses include:

Psychopathology: In-depth study of mental disorders, their symptoms, and diagnostic criteria
Clinical Assessment: Training in psychological testing and evaluation methods
Psychotherapy Techniques: Exploration of different therapeutic approaches, such as cognitive-behavioral therapy (CBT) or psychodynamic therapy
Practicum/Internship: Supervised clinical experience in a mental health setting

Many clinical psychology programs also require students to complete a comprehensive exam or licensure preparation courses.

Counseling Psychology Curriculum

The curriculum for a master’s in counseling psychology focuses on preparing students for licensure as counselors. It includes training in individual and group therapy, along with multicultural competence. Typical courses are:

Counseling Theories and Techniques: Study of various counseling approaches and their application
Group Therapy: Techniques for leading therapy groups and working with multiple clients
Multicultural Counseling: Addressing the diverse needs of clients from different cultural and socio-economic backgrounds
Supervised Practicum: Hands-on counseling experience under licensed supervision

A clinical internship is also a standard part of counseling psychology programs, providing practical experience in a counseling environment.

Industrial-Organizational (I/O) Psychology Curriculum

The curriculum for a master’s in industrial-organizational psychology blends psychology with business management. Courses focus on workplace behavior and improving organizational effectiveness. Key courses include:

Workplace Motivation and Leadership: Understanding psychological principles that drive motivation and leadership in business
Employee Selection and Assessment: Tools and techniques for hiring and evaluating employee performance
Organizational Development: Strategies for improving workplace culture and productivity
Internship in Organizational Psychology: Practical experience in applying psychological principles within a business setting

I/O psychology programs often include projects or research aimed at solving real organizational challenges.

Forensic Psychology Curriculum

A master’s in forensic psychology program centers on the application of psychological concepts in legal and criminal justice systems. The curriculum may cover the following courses:

Criminal Behavior and Psychology: Analysis of criminal behavior from a psychological perspective
Legal and Ethical Issues in Forensic Psychology: Examining the intersection of psychology and the law
Psychological Assessments in Legal Settings: Training in performing evaluations for court cases, including competency and risk assessments
Fieldwork/Internship: Opportunities to work in correctional facilities, law enforcement agencies, or legal consultancies

Forensic psychology students typically engage in internships or fieldwork in legal or criminal justice environments.

School Psychology Curriculum

The master’s in school psychology curriculum prepares students to support the mental health and academic success of students in K-12 educational settings. Coursework typically includes:

Child and Adolescent Development: Understanding cognitive, emotional, and social development in children
Learning Disabilities and Behavioral Disorders: Assessing and addressing learning challenges in educational settings
School Counseling Techniques: Strategies for counseling students, parents, and teachers
Internship in School Psychology: Supervised experience in a school setting, applying assessment and intervention techniques

Most school psychology programs also require students to complete a comprehensive examination or portfolio review before graduation.

What Are the Admission Requirements for Master’s in Psychology Programs?

Admission requirements for master’s in psychology programs vary by institution and the specific type of degree you are pursuing. However, most programs share common criteria, including academic background, standardized test scores, and letters of recommendation.

Below are the typical requirements for the MA and MS in Psychology programs, with similar criteria generally applying to the other types of master’s in psychology degrees.

MA in Psychology Admission Requirements

For a Master of Arts in Psychology program, applicants generally need to meet the following criteria:

Bachelor’s Degree: A bachelor’s degree from an accredited institution, typically in psychology or a related field, is required. Some programs may accept students with degrees in other fields, provided they have completed prerequisite psychology courses.
GPA Requirement: A minimum GPA, usually around 3.0, is often required. Competitive programs may have higher GPA expectations.
Letters of Recommendation: Most programs require two to three letters of recommendation from academic or professional sources, such as professors or employers familiar with the applicant’s work.
Statement of Purpose: A written statement outlining the applicant’s academic and career goals, explaining why they are pursuing a master’s in psychology and how the program aligns with their interests.
GRE Scores: Some programs may require the Graduate Record Examination (GRE), though many are moving away from this requirement. If required, programs typically look for competitive scores in the verbal and quantitative sections.
Work or Research Experience: Although not always mandatory, relevant work or research experience can strengthen an application, particularly in fields such as counseling or clinical psychology.

MS in Psychology Admission Requirements

A Master of Science in Psychology program often has similar admission requirements to MA programs but may place a stronger emphasis on research experience and quantitative skills. Common requirements include:

Bachelor’s Degree in Psychology or Related Field: Applicants typically need a bachelor’s degree in psychology, neuroscience, or a related field. Some programs may accept applicants from other fields if they have completed foundational psychology coursework.
GPA and Test Scores: A minimum GPA of 3.0 is usually required, with competitive programs often seeking higher GPAs. GRE scores may be required, particularly for research-focused programs, with an emphasis on quantitative reasoning scores.
Research Experience: MS programs tend to prefer applicants who have prior research experience, either through academic research projects or work in a research lab.
Letters of Recommendation: Typically two to three letters from academic or professional sources who can speak to the applicant’s research capabilities and academic performance.
Statement of Purpose: A detailed essay outlining the applicant’s research interests, career goals, and reasons for pursuing an MS in psychology.

For other types of psychology programs, such as clinical, forensic, and industrial-organizational psychology, admission requirements will likely be similar, with additional consideration given to relevant professional experience, especially in fields requiring licensure.

Accreditation for Master’s in Psychology Programs

Accreditation is an essential factor to consider when selecting a master’s in psychology program. Attending an accredited institution ensures that the program meets specific academic and professional standards, which can impact your eligibility for licensure, financial aid, and career opportunities. Accreditation also provides assurance that the education you receive is of high quality and recognized by employers and professional organizations.

There are two main types of accreditation: regional accreditation and programmatic accreditation. Regional accreditation applies to the entire institution, while programmatic accreditation is specific to psychology programs. For master’s programs in psychology, both types of accreditation are crucial, especially if you plan to pursue licensure or further academic study.

MA and MS Program Accreditation

For both Master of Arts and Master of Science in Psychology programs, regional accreditation is the baseline standard. Regional accrediting bodies, such as the Higher Learning Commission (HLC) or the Middle States Commission on Higher Education (MSCHE), ensure that the institution provides high-quality education across all programs.

In addition to regional accreditation, some MA and MS programs may seek programmatic accreditation through organizations such as the Masters in Psychology and Counseling Accreditation Council (MPCAC) or the American Psychological Association (APA) for clinical or counseling tracks. However, APA accreditation is more commonly associated with doctoral programs rather than master’s programs.

Other psychology degree programs may be accredited by organizations including the National Association of School Psychologists (NASP), the Council for Accreditation of Counseling and Related Educational Programs (CACREP), or the American Board of Forensic Psychology (ABFP).

Why accreditation matters:

Ensures the program meets rigorous academic and professional standards
Often required for licensure and certification
Ensures eligibility for federal financial aid

Career Options for People With Master’s in Psychology Degrees

Graduates with a master’s in psychology have access to a wide variety of career paths, depending on their specialization and interests. While some roles may require further education or licensure, a master’s degree can open doors to jobs in mental health services, education, research, business, and government.

Careers With an MA in Psychology

Graduates of a Master of Arts in Psychology program often pursue careers that focus on applying psychological principles to help individuals and communities. Common roles include:

Mental Health Counselor: These professionals provide counseling services in settings such as community centers, hospitals, or private practices. Licensure is typically required, depending on the state.
Social Services Manager: These individuals oversee social programs that support mental health, substance abuse treatment, and other community services.
Research Assistant: These professionals work in academic or government settings, assisting with psychological research and data analysis.

Careers With an MS in Psychology

An MS in Psychology equips graduates for roles that require strong analytical and research skills, often in scientific or academic settings. Potential careers include:

Research Scientist: These individuals design and conduct psychological research in academic institutions, government agencies, or private organizations.
Data Analyst: These professionals apply psychological principles to analyze data in various industries, including healthcare, education, or marketing.
Neuroscience Researcher: These researchers investigate brain function and behavior in research labs, often collaborating with medical professionals.

Careers With a Master’s in Clinical Psychology

A master’s in clinical psychology prepares graduates to work directly with individuals recovering from mental health conditions. Common roles include:

Licensed Mental Health Counselor: LMHCs provide therapy and counseling to individuals with emotional, psychological, and behavioral conditions. Licensure is required in most states.
Psychotherapist: These professionals work in private practice or healthcare settings, offering psychotherapy for individuals or groups.
Clinical Case Manager: These individuals help clients navigate mental health systems, coordinating care and support services.

Careers With a Master’s in Counseling Psychology

Graduates with a master’s in counseling psychology are qualified for various counseling roles, often requiring licensure. Career options include:

Licensed Professional Counselor: LPCs offer counseling services for individuals dealing with anxiety, depression, trauma, or relationship issues.
School Counselor: These professionals support students in academic settings, helping them manage emotional, social, and academic challenges.
Substance Abuse Counselor: These individuals provide therapy and interventions for individuals with an addiction.

Careers With a Master’s in Industrial-Organizational (I/O) Psychology

A master’s in industrial-organizational psychology opens doors to careers in business and human resources, where professionals apply psychological principles to improve workplace productivity and employee well-being. Common careers include:

HR Specialist: These specialists manage recruitment, training, and employee development programs.
Organizational Development Consultant: These professionals work with companies to improve organizational structure, employee motivation, and workplace culture.
Executive Coach: These coaches provide leadership training and coaching to business leaders, enhancing decision-making and team management.

Careers With a Master’s in Forensic Psychology

Forensic psychology graduates often work in the legal and criminal justice systems, applying psychological expertise to legal cases. Career options include:

Forensic Psychologist: These psychologists work with law enforcement agencies to assess criminal behavior, provide expert testimony in court cases, and assist in criminal profiling.
Correctional Counselor: These counselors provide psychological assessments and counseling for inmates, focusing on rehabilitation and reintegration into society.
Legal Consultant: These professionals assist attorneys in understanding psychological aspects of cases, including jury selection and witness preparation.

Careers With a Master’s in School Psychology

A master’s in school psychology qualifies graduates to work in educational settings, helping students achieve academic and personal success. Career options include:

School Psychologist: These psychologists assess and support students with learning disabilities, behavioral issues, and emotional challenges.
Educational Consultant: These professionals advise schools and educational institutions on psychological assessments, intervention strategies, and learning programs.
Special Education Coordinator: These individuals work with teachers and administrators to develop individualized education plans (IEPs) for students with special needs.

Salary and Job Outlook for Master’s in Psychology Graduates

The salary and job outlook for individuals with a master’s in psychology varies depending on the specific field, geographic location, and level of experience. Graduates in fields such as clinical psychology, counseling, industrial-organizational psychology, and forensic psychology may see differences in earning potential based on demand for specialized skills.

MA and MS in Psychology Salary and Job Outlook

Graduates with an MA or an MS in Psychology may pursue careers in research, mental health services, or educational roles. Salary data for these psychology degrees indicates that earning potential is influenced by the specific role and industry.

According to the BLS, the median annual salary for psychologists was $92,740 as of May 2023. For psychology professionals working in government, the median wage was higher at $115,400, while those in ambulatory healthcare services earned a median of $98,380 per year. The BLS also projects a 7% job growth for psychologists between 2023 and 2033, which is faster than the average for all occupations.

For MA in Psychology graduates, the BLS reports that social and community service managers earned a median annual salary of $77,030 as of 2023, while mental health counselors earned $53,710 annually.

For MS in Psychology graduates, Payscale reports that research scientists earned a median annual salary of about $89,000 as of August 2024, and the BLS reports that data scientists earned $108,020 as of 2023.

Clinical and Counseling Psychology Salary and Job Outlook

Graduates with a master’s in clinical psychology or counseling psychology often pursue licensure as mental health counselors, licensed professional counselors, or psychologists. The BLS reports that clinical and counseling psychologists earned a median annual salary of $96,100 as of May 2023.

The job outlook for clinical psychologists is promising, with the BLS projecting a 13% increase in employment between 2023 and 2033. Demand is expected to rise due to increased awareness of mental health issues and the growing need for therapeutic services. In particular, rural areas and underserved communities are likely to see higher demand for licensed mental health professionals.

Industrial-Organizational (I/O) Psychology Salary and Job Outlook

The earning potential for graduates with an I/O psychology master’s degree is among the highest in the psychology field, thanks to the growing demand for professionals who can apply psychological principles to improve workplace efficiency and employee satisfaction. According to the BLS, the median annual salary for industrial-organizational psychologists was $147,420 as of May 2023.

The BLS anticipates a 6% growth in employment for industrial-organizational psychologists from 2023 to 2033, reflecting steady demand for expertise in human resources, organizational development, and business consulting.

Forensic Psychology Salary and Job Outlook

Forensic psychologists, who apply psychological principles within the legal and criminal justice systems, can also expect a range of salaries depending on the job and geographic location. According to Payscale, the median salary for forensic psychologists was about $80,000 per year as of July 2024.

School Psychology Salary and Job Outlook

School psychologists play a vital role in the educational system by supporting students’ emotional and academic development. According to the BLS, school psychologists earned a median annual salary of $84,940 as of May 2023.

The demand for school psychologists is projected to grow by 1% between 2023 and 2033, as schools increasingly focus on addressing the mental health needs of students and improving academic outcomes.

Explore the Different Types of Master’s in Psychology

Choosing the right type of master’s in psychology is an important step toward achieving your career goals in this diverse and rewarding field. Whether you aim to become a licensed counselor, work in a corporate setting as an industrial-organizational psychologist, or apply your expertise in a forensic or school environment, there are numerous options available to match your professional interests and aspirations.

Master’s programs in psychology offer opportunities for specialization, personal growth, and the potential to significantly impact the lives of individuals and communities. The demand for mental health professionals and psychology experts continues to rise, with promising job growth and competitive salaries across various fields. Whether you opt for a Master of Arts or Master of Science, or pursue a specific area such as clinical, forensic, or industrial-organizational psychology, the investment in a master’s degree can lead to a fulfilling and successful career.

As you consider your options, be sure to explore accredited programs, assess costs and financial aid opportunities, and weigh the potential career paths available to you with each degree. With careful planning and a clear understanding of your career goals, earning a master’s in psychology can be a life-changing and professionally rewarding journey.