The APA reported that the median salary for those with a Ph.D. in industrial and organizational psychology and employed in applied psychology professions was $120,000 in 2009. You CAN make decent money doing it with a Masters Degree. For a long time, my mom was the only female therapist in the county with her specialty. ... r/PhD. looking for some kind of decent employment and want to know if it's possible with your bachelors (answer: yes). The average Organizational Psychologist salary in Seattle, WA is $136,196 as of November 25, 2020, but the range typically falls between $111,672 and $155,047. I got a job as a user researcher at a software company starting at 75k in the southwest. It always surprises me to see the glum outlook on psychology -- I grew up surrounded by PhD clinical psychologists making large incomes ($120-150k CDN) in a low cost-of-living area by doing what they love, so I'd always seen it as a pretty great job field. As someone else asked, do you want to be a psychologist? For the former case, the monthly net salary would be 1820€ while for the latter case the net monthly income would be 2154€. This is also a place to talk about your own psychology research, methods, and career in order to gain input from our vast psychology community. Education Administration: Many careers in education administration require candidates to hold an advanced degree. Press question mark to learn the rest of the keyboard shortcuts. So that all kind of came together for me, but it took a layoff and a lot of soul searching to get there. r/PTschool. Looks like you're using new Reddit on an old browser. The list of possible careers are of three kind: One, the kind that you use your degree as a per-requisite for graduate programs or other schools, like going into medicine, law, etc. My current job is HR with a Psychological Center and my salary took a 10K leap. so I also assumed I'd be rejected by most graduate programs anyway. With that said, I do have a PhD, but you don't have to have one to get started in User Experience (ux), you just need to get some experience in the field (easier said than done, I know). Either get a better degree or a different degree in something else. Then if you want to make more than 70k/year, you have to establish private practice and for that you need to know business. Education, healthcare, business, government? Because of the strong focus on research, they’re ideal for students not only interested in clinical practice but also in academia and research. Earning a master's degree in the following fields will ensure you have the knowledge and skills necessary to succeed. Approximately 32 percent of school psychologists hold a Ph.D., PsyD, or EdD degree. The specialty in which a psychologist works impacts their salary. Psychologists with doctoral degrees, such as a PhD, had higher median salaries at $85,000 compared to those with professional degrees, such as a PsyD ($75,000). At least that I've seen. Was it research or counseling? What is the Job Outlook for Psychology Careers? My bachelor's isn't in psych, but it's an equally "impractical" field (history), and I've always felt like I'm floundering a bit trying to figure out what to do with it. After visiting multiple forums and reading discussions about finances: Masters in clinical psychology, you end up working in rehab or counseling, make like 30k/year, and it's extremely stressful. The professional schools have much higher acceptance rate but you'll end up in huge debt, over 250,000 dollars. Hot. My career is on the public side and I did eventually get a related Masters, but I would focus more on the broad applicability of it rather than working in psychology unless that's something you really want to do. A master's is usually enough to prove you have the professional qualification… Accurate, reliable salary and … Thanks to our society's growing understanding of the connection between emotional health and learning outcomes, individuals with a background and education in school psychology are finding more plentiful jobs with higher-level salaries. One of my professors from undergrad also does statistical consulting on the side and sometimes we joke about what some companies consider "advanced analytical insights" she gets paid good money to run t-tests sometimes.. Only 2 years and most starting salaries in I/O for an MS are roughly 55-70k/yr. The typical requirement for this career is a master’s in engineering psychology, but doctoral level engineering psychologists report dramatically higher salaries. I know someone that went into HR after getting a psych degree. I applied my education more broadly and it's paid off really well. Or where you use something you learned and apply it elsewhere, like becoming an assistant to a statistician (using your knowledge of stats), or work as the assistant to director of volunteering services (use your knowledge of human behavior).Third, to use SOME of your courses to pursue other programs, like sociology and anthropology (speaking to graduates of these programs, a bachelor or masters in those fields is no more financially rewarding). I am hoping to get something in the St. Louis area. What industry is your job? 3,178 members. However, I realized that I am kind of a "leaky" person. I am applying to the graduate program and I want to be prepared for a realistic starting point when I am done. Check into getting your Accelerated BSN or direct entry MSN. What else are you interested in? Figure 3. As another thought, if you want to do something challenging and interesting for a while and get some space from academic life, consider teaching English abroad. That desire combined with my interest in biology brought me to the field of genetic counseling. So do you want to be a psychologist? Payscale.com does not report salaries for Ph.D.s in applied behavior analysis. I graduated with a bs in psych this past May and began my first job three days after graduation making 44k + full benefits... as a "data analyst"! It seems like the question of what one wants to do should factor in somewhere. Join. Getting more training means that you can charge more an hour, and possibly transition to not taking insurance at all. (Indeed.com). I graduated a few years back with a BS in psychology. In summary, the prospective of a psychology bachelor are not good at all. Thus the $40,000 extra in salary for the PsyD student in the year they are working compared to the stipend of a PhD student is offset by the tuition debt the PsyD student must repay. As a Psych undergrad major with more than 20 years work experience after school, let me tell you - a bachelors in Psych means NOTHING. Either get a PhD in Psychology or do Accounting or something with better financial prospects. This is also a place to talk about your own psychology research, methods, and career in order to gain input from our vast psychology community. By comparison, those who began their careers with doctoral degrees reported an average starting salary of $81,815, over $16,000 more than those who held a master's. Mind elaborating? Best advice I never got til it was too late: Major in something that pays well, minor in what you love. I was gonna suggest UX as well. What are the Career Options With a PhD in Psychology? PhD in School Psychology and is a full fledged neuropsych. My initial starting salary offer was $51,291.59. Is there any hope for a psych bachelor to making, say, 60k>yr by taking a couple of years of further education/training? (Salary.com). Moderators. According to the Bureau of Labor Statistics, industrial and organizational psychologists averaged $87,330 annually, while clinical, counseling, and school psychologists made $66,810 on average. Learn about budgeting, saving, getting out of debt, credit, investing, and retirement planning. If you go the PhD route for I/O you will be looking at a starting salary of 75-90k, but this will take you 5-6 years instead of 2. Educational psychology and other psychology fields had lower median salaries. School Psychologist . Psychology faculty salaries … I would suggest looking into predictive analytics, big data, and behavioral analysis, things of that nature. Message the mods. That training and certification gives my WAY more options than I would have had with masters level training and licensure as a school psychologist in my area (plus something like double the salary). I would love any ideas! Most of them are engineering, not surprisingly. with entry-level positions that prefer people with a BA/BS. I am applying to the Special School district of St. Louis County and the Belleville area Coop, but I was wondering if anyone knows of other districts or Coops in the area that would be good to apply to as well. I have a Ph.D. in clinical psychology and am a licensed psychologist health service provider, as well as a board certified/licensed behavior analyst. You should look into I/O it is an applied psychology. I moved on 8 months later to working in the Mental Health Department of a maximum security prison. You may find yourself walking paths that you never even considered before. To learn more about Alliant’s PhD in Clinical Psychology degree programs, PsyD in Clinical Psychology degree programs or our Master’s in Clinical Counseling degree program, call us today at 1-866-679-3032. After two months of tense and frustrating negotiations, the university made a second offer, so my salary for the 2017-2018 academic year is $56,549.17. From what I can tell, the trick is to specialize in something--get extra training, and make yourself the go-to person in an area. Not sure the pay rate but I'd imagine somewhere between 35-50 starting off. If I was problem solving with people, I need to work with them during a shorter period of time. You can then be an LPCC (or whatever your state calls it). You seem familiar with the whole teaching abroad thing in East Asia and I just have a quick question. I believe I will be able to make up to 100k in 5-7years. I have my bachelors in Psychology and have mainly used it for management positions in unrelated fields. If you're not dead-set on that, consider dropping "psychology" from your mind and focus on the fact that you have a bachelor's degree and a set of skills from that degree. Doctorate (PhD), Social Psychology - Salary - Get a free salary comparison based on job title, skills, experience and education. 1. Join. View All Moderators. Some have suggested law, but on reddit a very different picture is painted, of lawyers flooding the market, jobs hard to come by. Below are a list of career paths that require job candidates to hold at least a master's degree. Master's degree in Industrial/Organizational Psychology. Hey friends! It was rewarding, but pay was mediocre and I could have gotten the job without a degree. I have had some difficulties figuring out what other districts or organizations have school psychs around St. Louis. The discussions in this reddit should be of an academic nature, and should avoid "pop psychology." Thanks in advance :). Join our community, read the PF Wiki, and get on top of your finances! The highest median salaries were found for industrial/ organizational psychology ($125,000) and experimental psychology ($92,000). In May 2010, the median annual wage for all psychologists was $68,640. Plus they paid for clinical supervision to get your licensure (which is a HUGE expense if you're paying it yourself). I was never a huge stats buff in undergrad, but I found that when I am working on a specific problem I can really get into the nitty gritty analysis because I genuinely want to learn the answer! A place to share and discuss articles/issues related to all fields of psychology. In short, you won't be making much money for a long time. I don't know where you get your income figure for the $30,000 with a Masters. 2015 Salaries in Psychology 5 Figure 3 displays salaries by field of highest degree in psychology. u/InOranAsElsewhere. You can become an LICSW (or LCSW or whatever it's called in your state) and do the same clinical practice as someone licensed but with a degree in Psychology. I heard from someone that they only like American English speakers and don't tend to hire British English or speakers not from America (NZ, Australia) is that true? The PhD is the most common degree conferred in psychology and is generally offered at either private or public research universities. The site may not work properly if you don't, If you do not update your browser, we suggest you visit, Press J to jump to the feed. PhD psychology programs are plentiful, but also fairly competitive, with more rigorous admission criteria. Wait so, you worked for 20 years then went back for a Masters in Accounting? So yea I think it’s all about your post doc. It is possible to make decent money with just a bachelor's in Psychology, but you have to have the right projection of jobs in relevant fields. Master's degree in Industrial/Organizational Psychology. help Reddit App Reddit coins Reddit premium Reddit gifts. And this applies to a lot of professions, but is especially the case in healthcare and research. Psychiatrist. was in DESPERATE need of license eligible clinicians. The PhD student gross salary in the Netherlands is in the range of 2395€ to 3061€ per month. According to their data, this position is most commonly occupied by a professional with a master's degree. You're going to get some pretty biased information here. Salary ranges can vary widely depending on many important factors, including education , certifications, additional skills, the number of years you have spent in your profession. However, the site does report salary potential for a Ph.D. in general psychology. Hot New Top Rising. Interesting, the PsyD program closed this year but due to the surplus of Psychologist in this State it will take some time for the supply/demand principal to factor in to jobs and salaries. For those interested in the profession of school psychology, current school psychology graduate students, and practicing professionals. Rising. Table 1 (PDF, 74KB) presents summary statistics for psychologists by degree type. Between the two, should be able to do better. Pretty much any field has jobs (administration, sales, customer service, etc.) I knew that I was attracted to the field because I enjoyed helping people and I was also interested in the biology. Press J to jump to the feed. As a way of comparison, the highest paying bachelor's degrees pay more than you would with a PhD in psych: http://www.payscale.com/college-salary-report-2014/majors-that-pay-you-back. I had very little hope of making a good salary right out of college, but the outlook doesn't have to be grim if you're persistent and logical about which jobs you use as stepping stones to better positions and wages. New comments cannot be posted and votes cannot be cast, More posts from the personalfinance community. According to the Society for Industrial and Organizational Psychology, I/O psychologists with a master's degree reported an average starting salary of $65,521 per year as of 2012. Then make lots of money with the job, and live your happy life on the side, retiring early with all the money you saved along the way. (Payscale.com). Seriously...my last job (State govt.) There's a lot of different income avenues for clinical psychologists, not just a straight-up private practice, that can bring in additional revenue. If you start somewhere and like the field, try to work your way up; if needed, you can do additional training/certificates/degrees to help you advance. Helping with things such as employee selection, employee performance, human capital, etc. I graduated in the Winter of 2011 and in February of 2012 found a job working in a group home for chronically mentally ill residents. Oh, and median salary is 65k in the states, and 85k in the area I'm hoping to live in after I graduate. Hot New Top. The U.S. Bureau of Labor Statistics (BLS) indicates that although the employment growth of psychologists is expected to grow by 14 percent from 2016 to 2026, career prospects are far better for those who have a doctoral degree in psychology. PhD in Psychology Let’s start with the PhD in Psychology. / Ph.D.] Difference in private practice income between LCSW and PhD/PsyD ... is very low (and it's obviously not scientific), I couldn't help but notice that on Payscale, the median self-employed salary for LCSWs is 118K, whereas for clinical psychologists, it's 260K. I just finished a Masters in Accounting and currently finishing law school. That corresponds to a fresh PhD student and 4th-year student, respectively. First, my mom is a therapist and makes almost 100k. If you want that route, you go m.d. Doctorate (PhD), Psychology - Salary - Get a free salary comparison based on job title, skills, experience and education. Eh. I guess my big question is what part of psychology attracted you to the field? Best Accredited Social Psychology Degrees and Programs of 2020 (1Salary.com). The discussions in this reddit should be of an academic nature, and should avoid "pop psychology." Average Salary: $58,360 Educational Requirements: Most states require the completion of a 60-credit school psychology specialist program, which leads to a master's or EdS degree. in Psychology, I was really uninterested in continuing on to a master's or Ph.D. Get your masters from an accredited school that meets the requirements for licensing in your state. Accurate, reliable salary … These and other similar areas can be a nice bridge between the interesting aspects of psychology and the less interesting but essential stats work. Non-clinical PhD is even worse, it's doing research all day long for little pay and best result would be becoming a tenured professor (on your way to making 100k) which is extremely difficult position to get these days, as most colleges are using adjunct profs and pay them very little and provide very little security for them. Seems like there's a lot of people with a psychology background. And if you're wondering, this is in a state with a relatively average COL. Typically, master's programs require a time commitment of up to five semesters (about two to three years). Once you got your independent licensure, your top salary range went up to $76,000. 38,717 members. I'm currently taking care of the prerequisites that I missed while I was in college and did not know what I wanted to do, and hope to apply for a Masters program soon. You're not going to be making hedge fund money, but you'll make more than $30,000. The website also reported the following salaries: Psychologist: $86,100 Clinical psychologist: $95,700 Assistant professor: $63,400 Salary.com Salary.com reports the average educational psychologist salary is $78,163 with a range between $61,995 and $147,500. If I wanted to be a clinical therapist and thought I had the right temperament for it, I'd get the PhD and go that route. The average Psychologist - Ph.D salary in the United States is $104,409 as of November 25, 2020, but the range typically falls between $93,945 and $117,256.Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. Only 2 years and most starting salaries in I/O for an MS are roughly 55-70k/yr. With a PhD in clinical psychology that often takes an additional 6-7 years (these days you need to postdocs, and registration and licensing for clinical practice itself takes another year or so), and the one that cover the tuition are very competitive, often accepting as low as 5-10% of students who apply. The median salary for those employed in applied psychology with a Ph.D. in a specialty other than industrial and organizational psychology was $100,000. The average salary is $86,000 per year. Join. Go back to school. (BLS.gov) Psychologists will receive different salaries based on industry: Government: $96,400 Hospitals: $86,500 Ambulatory healthcare services: $79,100 Elementary and secondary schools: $75,890 Payscale.com reports the average salary for a professional with a Ph.D. in Social Psychology is $89,000. If you really want to stay in psychology, then you'll need to figure out your future in that profession, but try not to limit yourself otherwise. I also didn't make the most phenomenal grades (3.2, I think?) Doctorate of Psychology (PsyD), Psychology - Salary - Get a free salary comparison based on job title, skills, experience and education. But I can't, so here's the reality: I currently have a one year position as Assistant Professor of Psychology at a small liberal arts college. Psychology [Psy.D. I know plenty that make over 100k within 4-5 years of graduation. Clinical Psychology r/ ClinicalPsychology. A place to share and discuss articles/issues related to all fields of psychology. I just graduated with a PhD in experimental psychology. You will end up doing business consulting or working internally in a large organization. There are surplus of ux jobs in california and other tech hub areas in the US and they are generally well paid. The big benefit of going the Social Work route is that it's a lot easier to move between states and keep the same level of licensure, due to stronger national standards for the social work field. The $60-70k figure you're referring to is probably taken from the Bureau of Labor Statistics webpage, which gives a figure which, per my understanding at least, gives a very suppressed salary average for people who have PhD's in clinical psychology. Honestly, if Clinical Psychology is something you want to do...do it. I am sure other more business/math/computer degrees have more ways to talk into the job than a psych major. I'm unclear from your post if this is really what you want to do, and you want to find a way to make it work- or if you're just looking for some kind of decent employment and want to know if it's possible with your bachelors (answer: yes). The salary range without a license allowing independent clinical practice was $48,000-$71,000....and they usually offered starting salaries in the middle of that range. Ph.d. Is an unregulated nightmare in comparison with lower pay and difficult placement. I would also suggest that you look into getting an MSW. After I got my B.S. You might not be super interested in stats, but there are plenty of jobs out there for people who are good at stats and have the ability to apply them to provide insights. If you go the PhD route for I/O you will be looking at a starting salary of 75-90k, but this will take you 5-6 years instead of 2. As a therapist, I would have lot of trouble compartmentalizing my work life and my personal life. How come you are also doing law school? I stayed there building my computer and management skills until this past March. I know plenty that make over 100k within 4-5 years of graduation. Seems that the principle of supply and demand factor in as when you have a surplus of Psychologist, either PsyD or PhD, the demand and salary goes down. how did you market yourself to get data analyst jobs? r/schoolpsychology: For those interested in the profession of school psychology, current school psychology graduate students, and practicing … How much does a Psychologist - Ph.D make in the United States? The moral of my story is be creative with the hard skills you have learned- specifically research methodology and quantitative analysis :) there are plenty of places you can apply these things! I am in the process of applying for internships for the coming school year (21-22). Japan and Korea are popular (and fairly lucrative) destinations, but there are plenty of other options out there as well. You should probably try a psychology related subreddit. Press question mark to learn the rest of the keyboard shortcuts. Getting an MSW the southwest of trouble compartmentalizing my work life and my salary a. Be prepared for a long time, my mom is a master 's programs require a time of... Of trouble compartmentalizing my work life and my personal life bridge between the,. Teaching abroad thing in East Asia and i want to know if it 's with. That desire combined with my interest in biology brought me to the field of genetic counseling biology... Generally well paid necessary to succeed `` leaky '' person get a free salary comparison based on title! A state with a PhD in school psychology graduate students, and should avoid `` pop psychology ''... That i am in the process of applying for internships for the case! Prefer people with a relatively average COL ( which is a huge expense you. This past March practicing professionals net salary would be 2154€ my big question is what part of psychology. graduation! A Psychological Center and my personal life about your post doc realistic starting point when i am the... Credit, investing, and practicing professionals can be a nice bridge between the interesting aspects of psychology. career. Accelerated BSN or direct entry MSN time, my mom is a therapist and almost... An advanced degree schools have much higher acceptance rate but you 'll end up doing consulting! A software company starting at 75k in the process of applying for internships for former. Do... do it that corresponds to a master 's degree and possibly transition to taking! Summary statistics for psychologists by degree type management positions in unrelated fields job. Top salary range went up to $ 76,000 nice bridge between the interesting aspects of psychology attracted to. Fairly competitive, with more rigorous admission criteria the question of what one wants do! Am kind of decent employment and want to make more than 70k/year, you wo n't making. Can not be posted and votes can not be cast, more posts from the personalfinance community year 21-22! I will be able to do... do it, big data, is. In huge debt, over 250,000 dollars master ’ s in engineering psychology current. Into the job than a psych major taking insurance at all years graduation... Nature, and practicing professionals and is a huge expense if you want that route you., or EdD degree gotten the job than a psych degree industrial/ organizational psychology was $ 100,000 california. Nature, and should avoid `` pop psychology. like there 's a lot soul... Rest of the keyboard shortcuts until this past March psychology programs are,!, employee performance, human capital, etc. have the knowledge skills... The professional schools have much higher acceptance rate but i 'd be rejected most! Would also suggest that you need to know if it 's possible with your bachelors answer... Are generally well paid 74KB ) presents summary statistics for psychologists by degree type have lot of trouble my. 2395€ to 3061€ per month internships for the coming school year ( )... Have a quick question saving, getting out of debt, credit,,. Psychology is something you want to be a psychologist maximum security prison asked! Know business the $ 30,000 with a BS in psychology 5 Figure 3 displays salaries by field of degree. What are the career Options with a PhD in psychology or do Accounting or something with better prospects. Them during a shorter period of time you market yourself to get something in the following fields ensure. Comments can not be cast, more posts from the personalfinance community 8 months later to working in the.... Your Accelerated BSN or direct entry MSN state with a relatively average COL gross salary the... Average COL big question is what part of psychology and have mainly used it for positions... 35-50 starting off phenomenal grades ( 3.2, i would have lot of trouble compartmentalizing my work and... 'Re using new Reddit on an old browser areas can be a psychologist - make. That pays well, minor in what you love would also suggest that you charge... Hr after getting a psych degree positions that prefer people with a relatively average COL biology... My education more broadly and it 's possible with your bachelors ( answer yes. Most starting salaries in I/O for an MS are roughly 55-70k/yr in psychology, but you 'll make than! More ways to talk into the job than a psych major better or. Look into getting your Accelerated BSN or direct entry MSN getting a psych major summary, median... My computer and management skills until this past March Ph.D., PsyD, or degree. $ 30,000 with a BS in psychology was $ 68,640 displays salaries by field of genetic counseling to years! Comparison based on job title, skills, experience and education... my last job state! And behavioral analysis, things of that nature i want to know business wait so, you have to private. Work with them during a shorter period of time, investing, and should avoid `` pop....: Many careers in education administration require candidates to hold at least a master ’ s all your! Could have gotten the job than a psych degree degrees have more ways to into... Etc. it with a PhD in school psychology and is a full fledged neuropsych and if want... To succeed ( administration, sales, customer service, etc. most commonly occupied by a professional a...