More than three-fourths of recent graduates in professional science master’s degree programs reported finding a job and, of those employed, 91 percent were working in a job closely or somewhat related to their field of study, according to the third annual Council of Graduate Schools’ survey.
The survey looked at the early career outcomes and job satisfaction of 490 professional master's degree holders who graduated between 2010 and 2013. Employment rates were highest among students who completed their degrees in the 2010-2011 academic year. The employment rate for 2010-2011 graduates was 91 percent; for 2011-2012 graduates, the rate was 88 percent; and, for the class of 2012-2013, the rate was 78 percent.
Of the respondents who were employed, 95 percent were working in a full-time position and a majority of the graduates from 2012-2013 reported they were working in a job that is closely or somewhat related to their field of study. The survey found that 68 percent of recent graduates who were working full-time reported earning more than $50,000 a year and that 72 percent of respondents were "very satisfied" or "generally satisfied" with the postgraduation employment prospects provided by their degree.
The professional science master’s degree programs provide students advanced training in the sciences without a Ph.D. and business skills without an M.B.A. The degree program was created in 1997 and, as of August 2013, was offered at 137 institutions. More than 5,000 professional science master's degrees have been awarded.