A master’s in information technology allows you to take on advanced roles in the IT field, serve in leadership positions with a team of IT professionals working under you, or specialize in a specific type of IT. All of these roles allow you to earn more money in the field of IT. Just how much more can you expect to earn though? Let’s take a look at the average salary you’ll get in this career field and what can affect your salary most.
IT Salary by Job
The amount of money you make will be directly linked to your position or title in the field, with upper-level leadership positions paying the most. Here are some of the most common positions available, along with average salary rates, according to The Bureau of Labor Statistics:
Information Security Analyst: $75,660
Network and Computer Systems Administrator: $69,160
Computer Hardware Engineer: $98,810
Computer Programmer: $71,380
Computer Systems Analyst: $77,740
Database Administrator: $73,490
Software Developer: $90,530
By earning a degree in this field, you’re also setting yourself up to become a top exectuive, which is the most advanced role you can take on as an IT profession. Top executives in this field earned a median pay of $101,250 in May 2010, according to the BLS.
Salary by Industry
One of the great things about working as a IT profession is that these workers are needed in just about every industry out there. In some fields, there is a higher demand for IT workers than in others, and these are typically the fields where you’ll earn more money. Even better, some educational programs allow you to specialize, so if you know the field that most interests you, you can take some additional classes specifically geared to learning more about the IT challenges in that field. Just to give you an idea of salary potential by industry (specific to the role of network and computer systems administrators), check out the list below provided by the BLS:
Computer and Peripheral Equipment Manufacturing: $89,840
Securities and Commodity Exchanges: $89,340
Other Investment Pools and Funds: $88,850
Other Furniture Related Product Manufacturing: $87,620
Other Financial Investment Activities: $85,170
You can typically make the most money working for a consulting firm or IT service that is able to work with clients in several industries. You can even go into business for yourself as a freelance IT consultant.
IT Salary by Job
The amount of money you make will be directly linked to your position or title in the field, with upper-level leadership positions paying the most. Here are some of the most common positions available, along with average salary rates, according to The Bureau of Labor Statistics:
Information Security Analyst: $75,660
Network and Computer Systems Administrator: $69,160
Computer Hardware Engineer: $98,810
Computer Programmer: $71,380
Computer Systems Analyst: $77,740
Database Administrator: $73,490
Software Developer: $90,530
By earning a degree in this field, you’re also setting yourself up to become a top exectuive, which is the most advanced role you can take on as an IT profession. Top executives in this field earned a median pay of $101,250 in May 2010, according to the BLS.
Salary by Industry
One of the great things about working as a IT profession is that these workers are needed in just about every industry out there. In some fields, there is a higher demand for IT workers than in others, and these are typically the fields where you’ll earn more money. Even better, some educational programs allow you to specialize, so if you know the field that most interests you, you can take some additional classes specifically geared to learning more about the IT challenges in that field. Just to give you an idea of salary potential by industry (specific to the role of network and computer systems administrators), check out the list below provided by the BLS:
Computer and Peripheral Equipment Manufacturing: $89,840
Securities and Commodity Exchanges: $89,340
Other Investment Pools and Funds: $88,850
Other Furniture Related Product Manufacturing: $87,620
Other Financial Investment Activities: $85,170
You can typically make the most money working for a consulting firm or IT service that is able to work with clients in several industries. You can even go into business for yourself as a freelance IT consultant.
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