What’s the Average Salary with a Masters in Management? : Masters in Management

Earning a masters in management can lead to a much higher salary in your field of choice. With this type of degree, you can work not only in a traditional business setting, but also in a specialized niche, such as sports, healthcare, education, or finance. Is going back to school worth the time and money? Let’s look at the salary you can expect with this type of degree:

Management Salaries by Position

More than any other factor, the position you hold (your job title) affects how much money you’ll make when you graduate. Here’s a look at some of the main positions you could hold if you earn a master’s degree in management, along with the average salary you can expect with these positions:

Human Resources Manager: $96,550
Medical/Healthcare Manager: $81,850
Financial Manager: $101,190
Construction Project Manager: $82,330
Technical Project Manager: $88,000
Information Systems Manager: $74,300

As you can see, regardless of your industry or the specific position, with a masters in management, you have the opportunity to make a six-figure salary, at least eventually. With experience in your field, you can earn much higher salaries than the figures listed above, especially if you take on an executive position, such as working as the CEO of a hospital or becoming a Fortune 500 vice president.

Factors Affecting Salary

Your job title isn’t the only thing that affect that salary you’ll receive after graduating with a masters in management. Location also plays a big roll, with urban jobs typically paying more than jobs in more rural areas. In addition, your employer will determine your salary possibilities. Larger companies will typically pay more, though it takes longer to climb the ladder to one of the top positions in the company. If your employer is more successful in your given industry, this will also translate to a higher salary for you.

Other Benefits

The jobs you’ll be qualified to do with a masters in management also typically come attached to some of the best benefits packages available. Perks could include things like paid healthcare and dental coverage, paid vacation days, end-of-the-year bonuses, stock options, retirement plans, paid travel expenses, free day care, company discounts, tuition reimbursement, continuing education, and more. Take the benefits package into consideration when comparing available positions.

Obtaining a master's degree (MA, MS, MM, M.Ed., or MBA) in management may lead to better careers within a variety of industries, including business, healthcare, education, public administration, sports, and more. Below are the top online colleges that offer management or similar degree programs.

MS: Management MS: HR Management MS: Sustainable Mgmt MS: Project Management More Degrees...	Walden University : Walden University's MS in Management program offers many specializations which personalize the degree according to students' interests and professional needs. The MPA program in Public Management & Leadership focuses on information employees in the public sector most need to know to move up, whereas the MS in Accounting & Management and MS in Project Management programs combine specialized knowledge with sound leadership practices.
Master of Management MM: HR Management MM: Global Mgmt MM: Health Mgmt More Degrees...	University of Phoenix : University of Phoenix Master of Management (MM) programs with specializations in HR Management and Global Management offer comprehensive courses that focus on real-world business problems and solutions for contemporary organizations. Their MBA programs in Technology Management and Healthcare Management are highly specialized to prepare students to lead effectively and knowledgably in their industries.
MS: Intl. Management MS: IS Management MS: Operations Mgmt MS: Global HR Mgmt MS: Project Management	University of Liverpool : The University of Liverpool's MS in International Management, MS in Information Systems Management, MS in Operations & Supply Chain Management, MS in Global HR Management, and MS in Project Management benefit from Liverpool's international faculty and online students. For those who work in global industries, Liverpool's programs offer an unprecedented opportunity to network with classmates from around the world.
MA: Mgmt & Leadership MS: Management MS: Sports Management MBA: Intl. Management MA: Human Services Mgmt	Liberty University : Liberty University's Master of Arts in Management and Leadership program, and the MS in Management, Sports Management, International Management, and Human Services Business Management programs all emphasize ethical management practices, and help improve students project development abilities, preparing them for career advancement. Graduates are able to go on to careers as business owners, finance managers, human resource managers, among other high level management positions.
MS: Management MS/Mgmt: HR Management MS/Mgmt: Leadership MS/Mgmt: Org. Dev. MS: Supply Chain Mgmt	Kaplan University : Kaplan University's MS in Management offers students the chance to specialize in subjects that specifically relate to their professional goals, like Supply Chain Management & Logistics, Organizational Design & Development, Leadership, and Human Resources. The program focuses on the most effective management strategies as well as the practical knowledge students need have every day on the job.
MPA: Nonprofit Mgmt MBA: Mgmt Info. Systems	South University : South University's MPA in non-profit management is designed for working adults who wish to advance in public or non-profit sectors. Five specialization options ensure that the coursework will match students' professional needs. The MBA in Management Information Systems covers business strategies, legal, economic, ethical and social dynamics in today's organizations in addition to covering specific skills in Information Systems technology and security.
MPH: Health Management MS: Emergency Mgmt MS: Human Capital Mgmt MS: Enrollment Mgmt More Degrees...	Capella University : Capella University offers many Master level management degrees to allow anyone to find the degree that will help them advance on their personal career track. In addition to the MPH in health management, Capella offers Master of Science degrees in Emergency Management, Enrollment Management, Human Capital Management, and more. Masters programs feature multidisciplinary approaches that combine specialized subject matter with practical management sciences knowledge, like organizational and financial theory. In all Management programs, effective leadership and communication skills are emphasized.
MBA: Project Management MBA: Environmental Mgmt MBA: HR Management MBA: Supply Chain Mgmt MBA: Global Leadership	Ashford University : Ashford University's MBA programs are offered with a selection of more than a dozen specializations, including Project Management, Environmental Management, HR Management, Supply Chain Management, and Global Leadership. All MBA students learn to integrate sustainable business strategies and sound economic principles with knowledge of their specific industries. Ashford's online MBA programs are among the most accelerated and least expensive.
MS: Management	Virginia College : Virginia College's MS in Business Administration with a Management concentration gives students a broad range of management skills. Courses emphasize analytical skills, management strategies, organizational relations, and effective communication as well as business finance and economics. Graduates are eligible for jobs as Finance Analysts, Project Managers, Marketing Coordinators and General Managers.
MBA: Management MBA: Healthcare Mgmt MBA: HR Management MBA: Operations Mgmt MBA: Project Management	American InterContinental University : American InterContinental University's MBA degree in management allows for unique program specializations in many industries, such as healthcare management, HR management, operaitions management, and project management. These industry-current programs incorporate practical knowledge in the student's area of focus with best practices theories, case studies and interdisciplinary perspectives on leadership and business knowledge. Course content reflects current trends and policies that affect the modern corporate environment.