What is the difference in salary that a person with a Bachelors and a person with a Masters can expect?

Question

Assume both have no experience yet and both are in the same location and looking for a job in the same field.

Field: IT or Computer Science.

Answer 1

In some fields it makes a difference, in others there is no advantage to having the Masters. Sometimes the difference doesn't justify the higher degree because there is no perceived benefit, especially if the candidates are entering with no experience.

And regardless of what your high school guidance counselor says experience can make up for gaps in education but education doesn't give you experience.

Answer 2

Not necessarily anything. It depends on how much job specific training is needed, how much an advanced degree contributes to that, and how mindlessly obsessed the hiring person is with paper credentials.

I often prefer the bachelors over the masters. Same results for less pay. And often a better attitude.

Answer 3

It depends on the field you are entering. Teachers, for example, are paid more for having a master's degree. Other fields are not necessarily the same.

Answer 4

It depends on the job field. In teaching, it's anywhere from 3,000 to 6,000 per year on average. But you have to know the field before that question can be really answered.

Answer 5

The person with the Masters gets more money.

Answer 6

it all depends on the company and what they are looking to pay people. getting a master's degree does not guarantee a higher salary.

Answer 7

It all depends on experisnce and what area you are going to work in. FOr example, NYC city fo a small place outside of NYC