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Published On: Thu, Sep 15th, 2016

More from PayScale’s Latest Research on the Best Master’s Degrees to Pursue in 2016

As we enter the third quarter of 2016, we’re seeing a lot of economic growth and great developments in various fields. New jobs are being created and the demand for higher-educated professionals is increasing rapidly. Companies are trying to keep up with the growth and need to fill top-level positions with qualified people.

This is a trend that will continue to last for up to 5 years. If you’re thinking about pursuing a master’s degree, now would be the best time to get started. The latest PayScale research showed the best master’s degree to pursue in 2016.

Master of Science in Statistics and Analytics

photo/ Michael Jarmoluk via pixabay.com

photo/ Michael Jarmoluk via pixabay.com

We’re venturing further into the era of big data. Companies are taking advantage of the wealth of information found from various sources. To fully process and benefit from the available information, a deep and thorough analysis is needed.

This is where professionals in the field of statistics and analytics come in handy for large corporations. Pursuing an online master of science in analytics today will help you get the forward career push you need in the future. Top universities such as Villanova University are opening their distance learning programs too, which means you can get your master’s degree from the best university of your choice.

Ph.D. in Computer Science

A doctorate degree in computer science is another degree to pursue in today’s economy. There is no doubt that information technology is a field to be in if you’re serious about establishing your dream future. There is no shortage of demand for IT professionals.

Similar to the MSA degree, you can acquire a Ph.D. from top universities like MIT without having to relocate or attend offline classes. There are plenty of online programs to choose from and you will be able to get the degree you want while getting a jump-start on your career.

With a Ph.D. in computer science, you can expect a median salary of around $150,000 a year. This is among the best paying fields right now – and in the near future – and pursuing the degree will be well worth it.

Master of Science in Applied Mathematics

While statistics and analytics focus more on processing data, people with a master’s degree in mathematics are sought after for the broad calculation and planning skills they possess. It may not be the highest paying field at the moment, but it is a field that’s been projected to grow by as much as 20% in the next few years.

With a master’s degree in applied mathematics, you can enter other fields of work as well. A broad range of companies – from manufacturing companies to service providers and IT enterprises – are seeking experts in this field to fill key positions. You can quickly climb the corporate ladder and land a managerial position in no time.

These are just some of the best degrees to pursue today if you’re thinking about advancing your career further. Consider these fields if you’re thinking about continuing your study and pursuing a master’s degree.

Author: Joao Pedro

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