FIND PSYCHOLOGY PROGRAMS

FIND PSYCHOLOGY PROGRAMS

Is a Master’s in Industrial Organizational Psychology Worth it – (Pros VS. Cons)


Written By: Darby Faubion BSN, RN

Do you enjoy learning about human behavior? Does using psychology to work with individuals and businesses to promote success sound like something you would enjoy? Have you earned a bachelor’s degree in psychology or a related field? If so, a master’s in industrial organizational psychology could be an excellent degree to obtain.

Your interest in how business and psychology relate may leave you asking, “Is a master’s in industrial psychology worth it?” In this article, I will address that question by sharing 25 reasons why a master’s in industrial organizational psychology is worth it and also 7 reasons why it may not be the right degree for you. Additionally, I will share some information about the potential income, job outlook, and reason for the demand in this field. When you finish reading, you will have some solid information to help you decide if pursuing a master’s in industrial organizational psychology is worth it.


RECOMMENDED ONLINE I/O PSYCHOLOGY PROGRAMS

WHAT IS A MASTER’S IN INDUSTRIAL ORGANIZATIONAL PSYCHOLOGY DEGREE?


A master’s industrial organizational psychology is a specialized degree that focuses on the application of psychological principles to help businesses and organizations succeed. Industrial organizational psychology focuses on applying psychology theories in a work environment to help improve work performance, employee selection, professional development, team-building, and develop future leaders.



HOW LONG DOES A MASTER’S IN INDUSTRIAL ORGANIZATIONAL PSYCHOLOGY DEGREE TAKE?


The amount of time it takes to complete a master’s in industrial organizational psychology varies and typically depends on your previous education. Most programs are designed to be completed in two years, if you enroll on a full-time basis. Part-time students could take three years or longer to complete the degree.

For example, Capella University offers a master’s in industrial organizational psychology designed to be completed in 18 to 24 months. Clemson University’s master’s in industrial organizational psychology program takes two years to complete full-time three and a half years part-time.



HOW MUCH DOES A MASTER’S IN INDUSTRIAL ORGANIZATIONAL PSYCHOLOGY DEGREE COST?


Earning a master’s in industrial organizational psychology can cost as little as $15,000 to more than $75,000. Some factors to consider are whether your chosen school charges in-state or out-of-state tuition and whether you have transferable credits from a previous degree. Other costs such as books, school fees, supplies, and living expenses must also be taken into consideration when calculating the overall cost of a master's degree in industrial organizational psychology.

Capella University’s FlexPath offers the opportunity to earn a master’s in industrial psychology in 15 months for as little as $18,000. The university notes that these figures are based on their fastest 25% of students, and program length and cost will vary by transfer credits and how quickly you complete coursework.

Bellevue University: Bellevue University allows students to complete their master’s entirely through online courses. With 36 required credits at a total of $630 per credit, the total cost of a master’s degree from this university is just under $23,000. This fee can be reduced depending on transfer credits.

Columbia University offers a 24-month master’s in industrial organizational psychology program that costs $49,024 per academic year.



WHAT ARE THE ADMISSION REQUIREMENTS FOR A MASTER’S IN INDUSTRIAL ORGANIZATIONAL PSYCHOLOGY DEGREE?


Although the admission requirements for master’s in industrial psychology programs vary from one program to another, general admission guidelines are similar. Admission criteria for top master’s in industrial psychology programs typically include the following.

Have a bachelor’s degree in psychology or another field from a regionally accredited college or university
Complete undergraduate prerequisites, including Introduction to Psychology, Introduction to Industrial/Organizational Psychology, Statistics, and Research Methods
Submit official transcripts from all post-secondary schools
Provide three letters of recommendation
An entrance essay stating your reasons for pursuing the advanced degree
Have a minimum college GPA of 3.0 on a 4.0 scale
Graduate Record Exam (GRE) score




WHY IS A MASTER’S IN INDUSTRIAL ORGANIZATIONAL PSYCHOLOGY WORTH IT? – THE PROS


(The following are the 25 reasons why a Master’s in Industrial Organizational Psychology is worth it in 2023.)

REASON #1: It can lead to a career in a variety of industries.


A master’s in industrial organizational psychology degree is worth it because it can lead to a variety of career paths, including roles in human resources, marketing, training and development, consulting, and management. People qualified to fill these positions are highly sought after by employers due to their combined expertise in psychology and business operations.


REASON #2: You can earn a good income.


One of the top reasons why a master’s in industrial organizational psychology is worth it is earning potential. The average annual income for graduates of master’s in industrial organizational psychology programs is $70,000. However, the potential to earn much higher salaries is there. Depending on where you work and your experience, you could easily earn a six-figure income.


REASON #3: You will have the opportunity to work in a variety of settings.


One of the biggest reasons why a master’s in industrial organizational psychology is worth it is that you are not limited to one type of work setting. You may work for a large corporation, a new business, or decide to open your own business. The possibilities for job opportunities is really unlimited.


REASON #4: You can use your understanding of human behavior to help build strong teams for businesses.


One of the top reasons why a master’s in industrial organizational psychology is worth it is that your understanding of human behavior can help you develop and build strong teams for businesses. When you have solid teams working together, employees benefit from having a more cohesive work environment and businesses benefit from maximized productivity.


REASON #5: You can use your knowledge of business to advocate on behalf of employers and employees.


With a master’s degree in industrial organizational psychology, you realize the workplace is full of people with different opinions and goals. You understand the need for compromise and someone to advocate for positive changes. Your knowledge and understanding of human behavior and business environments make it possible for you to advocate for both employees and employers to find satisfactory resolutions to problems, negotiate compensation packages or employment contracts and promote employee satisfaction.


REASON #6: You will gain a deeper understanding of cultural competence.


One of the biggest reasons why a master’s in industrial organizational psychology is worth it is because it provides learners with knowledge about different cultures, as well as the ability to understand and use cultural differences when working with individuals and groups. With this degree, you can gain valuable insight into the challenges organizations face from cultural diversity, such as communication barriers and workplace dynamics.

Learning about different cultures through this degree can help you identify potential areas of conflict and develop solutions to create a more productive work environment.


REASON #7: You will learn to understand group dynamics.


A master’s in industrial organizational psychology degree is worth it because it can help you understand complex group dynamics and human behavior in the workplace. It equips you with the right tools and knowledge to analyze data on team performance, identify individual strengths and weaknesses, and create solutions that address both employee needs and organizational objectives. By studying organizational psychology, you will learn how to build teams that are productive, efficient, and effective.


REASON #8: You will learn how to motivate people.


One of the top reasons why a master’s in industrial organizational psychology is worth it is because it can help you learn how to motivate people in the workplace by understanding their needs, values, and beliefs. Through this program, you can gain an understanding of employee motivation theories, methods of job design, and effective communication strategies to address different types of motivation.


REASON #9: It can help you learn how to manage conflict.


A master’s in industrial organizational psychology is worth it as it can help you learn how to manage conflict in the workplace. With a focus on understanding human behavior and developing strategies for maximizing efficiency, this degree provides an in-depth view of the dynamics involved when resolving conflicts. You'll gain both theoretical and practical knowledge to understand the root causes of conflict and use effective methods to resolve disputes quickly and fairly. This degree will give you the necessary skills to become an effective leader in any organization.


REASON #10: You can teach effective team building to help businesses succeed.


One of the biggest reasons why a master’s in industrial organizational psychology is worth it is that it provides invaluable insights into team building. Through studying this field, you can gain a deeper understanding of the dynamics that drive teamwork and collaboration. You'll be able to investigate topics such as leadership styles and methods, task delegation, communication strategies, and conflict resolution. This knowledge can help you develop effective teams that are productive, creative, and successful – an invaluable skill for any organization.


REASON #11: A master's in industrial organizational psychology can lead to research opportunities.


A master’s in industrial organizational psychology degree is worth it as it gives you the opportunity to conduct research, which is an invaluable experience that can further your career. With access to state-of-the-art resources and experienced faculty, you can gain knowledge and understanding of the industry, develop research skills, explore real-world applications, and gain a comprehensive understanding of the field. This research experience can help differentiate you from other job applicants and open doorways to new opportunities.


REASON #12: You will develop strong critical thinking skills.


A master’s in industrial organizational psychology is worth it as it can help you develop critical thinking skills by analyzing and interpreting complex data, problem-solving, and understanding human behavior. You will also gain the ability to think critically about organizational processes and how they affect individual performance. Pursuing a master's degree in this field will allow you to build on your knowledge of the principles of psychology and industrial organizational theory, enabling you to become an effective problem solver within organizations.


REASON #13: You will gain a deeper understanding of human emotions and motivation.


A master's in industrial organizational psychology can help you understand human emotions and motivations to become a better analyst in the workplace. This knowledge arms you with the tools to identify emotional triggers in employees, which is essential for creating a productive work environment. Furthermore, it equips you with the strategies to recognize patterns of behavior, allowing you to make educated decisions that could prove beneficial for individuals and organizations.


REASON #14: A master’s in industrial organizational psychology could help you launch your own business.


Another reason a master’s in industrial organizational psychology is worth it is you will have the knowledge and skills needed to branch out and start your own business. You may choose to offer business consulting services, conduct workshops to teach employers ways to grow strong teams, or work with individuals transitioning in their work roles.


REASON #15: You will have the foundation needed to pursue a doctoral degree in psychology.


A Master's in Industrial Organizational Psychology is worth it because it provides you with theoretical knowledge and practical skills needed to lay a foundation for doctoral studies. With this degree, you will learn about research methodology, data analysis, communication strategies, and psychological principles that are necessary for success in a doctoral program.


REASON #16: Industrial organizational psychology has a good job outlook.


One of the most important factors to consider when choosing a career path is job availability, and industrial organizational psychology has a good employment outlook. The Society for Industrial and Organizational Psychology reports the employment outlook for this field is promising, projecting a 12.8% increase in jobs through 2028.


Reason #17: You can be instrumental in improving employee job satisfaction rates.


Your knowledge of industrial organizational psychology allows you to help employees and employers understand one another and how to work together to accomplish common goals. When teams work together with employers, it creates a greater sense of belonging and improves employee job satisfaction.


REASON #18: Your understanding of human behavior and group dynamics could positively impact your personal life


One of the great things about industrial organizational psychology is that, you not only impact the lives of groups in the workplace, but your knowledge and skills can help you create change that positively impacts your own life. You can use what you learn in a master’s in industrial organizational psychology program and apply it to your personal relationships to become a better listener and team player in all aspects of your life, which could lead to stronger relationships.


REASON #19: Every day is different.


If you are someone who enjoys working with new people in different settings or you like the idea of doing something different every day, you could find a Master’s in Industrial Organizational Psychology is worth it. One day at work could involve working with a group of people to teach ways to promote professional development. The next day you may work with managers and leaders to establish new recruitment and hiring techniques. The variety in daily activities and responsibilities makes this an attractive career path for people who prefer to shake things up a bit.


REASON #20: With a master’s in industrial organizational psychology, you can become a college professor.


If you enjoy teaching others, getting a master’s in industrial organizational psychology is worth it. Your degree makes you qualified to teach at colleges or universities and prepare others for a career in this dynamic, in-demand field.


REASON #21: You can have a flexible work schedule.


Depending on where you work, with a master’s degree in industrial organizational psychology, you could have a flexible work schedule. The ability to schedule clients around your personal life is especially appealing to individuals with responsibilities outside of work, like those with children or family members who need care. Having a flexible work schedule makes it easier to create a healthy work/life balance, which helps prevent burnout.


REASON #22: You will gain the knowledge and skills needed to be an effective leader.


A master's in industrial organizational psychology provides you with the knowledge and skills needed to take on leadership roles and succeed. The in-depth understanding of human behavior and emotions you gain in an industrial organizational psychology program makes you a perfect candidate to lead teams of employees and create a healthy work environment. You will have the skills needed to identify and strategize regarding issues like employee engagement, team dynamics, and organizational culture.


REASON #23: You could own your own business.


Another of the biggest reasons a Master’s in Industrial Organizational Psychology is worth it is that you could own your own business in the industry. You could start a consulting firm and offer services to businesses and organizations or work to start your own business and use your business management skills and knowledge of human behaviors to promote success.


REASON #24: You will have a sense of personal satisfaction.


Earning a master’s in industrial organizational psychology can be personally rewarding. You can feel proud of your hard work and accomplishments and feel confident knowing the impact you can have on others.


REASON #25: You can use your knowledge and skills to become a motivational speaker.


A master’s in industrial organizational psychology does not limit you to the four walls of a business. With your knowledge, skills, and understanding of human behavior, you can become a motivational speaker, teaching people to tap into their potential and create better lives.



WHY A MASTER’S IN INDUSTRIAL ORGANIZATIONAL PSYCHOLOGY MAY NOT BE WORTH IT FOR YOU? – THE CONS


Although there are various perks to getting a Master's in Industrial Organizational Psychology, there are some potential downsides that should be acknowledged.

REASONS #1: You are satisfied with your current role.


Perhaps the biggest reason you may feel a master’s in industrial organizational psychology is not worth it is because you are happy with where you are professionally. If you enjoy your current job and can see yourself in the same role a few years down the road without regrets, pursuing a master’s in industrial organizational psychology may not be the right choice for you at this time in your life.


REASON #2: Some industrial organizational psychology jobs do not require a master’s degree.


Another reason why a master’s in industrial organizational psychology is not worth it is that the degree is not necessary for all jobs in industrial organizational psychology. Although a master’s degree could give you the competitive edge when applying, many jobs only require a bachelor’s degree.


REASON #3: Your job can be stressful.


Despite the advantages of a master’s in industrial organizational psychology, you may find the job quite stressful. You will work with people from various backgrounds with different education levels, personalities, and belief systems. You must demonstrate the ability to work well under pressure. If you are easily stressed, you may feel a master’s in industrial organizational psychology is not worth it.


REASON #4: You prefer to work alone.


When you earn a master’s in industrial organizational psychology, your work involves working with individuals, groups, and organizations. If you do not enjoy working with others, a career in industrial organizational psychology is not the path to choose.


REASON #5: You won’t see overnight results.


The work of industrial organizational psychology takes time. You must devote time to nurture and develop employees and strong leaders. If you want to see quick results from the work you do, you may feel a master’s in industrial organizational psychology is not worth it.


REASON #6: A career in industrial organizational psychology is challenging.


While you may enjoy a challenge, it is important to understand how challenging a job in industrial organizational psychology can be. When you earn your degree and begin working with others, you must identify individual character traits and ways to develop strong employees and leaders. You must also recognize potential stressors in the workplace and find ways to reduce them to create a cohesive work environment. If you are looking for a job where you do the same thing day in and day out, pursuing a master’s in industrial organizational psychology is not worth it.


REASON #7: You need to be dedicated to lifelong learning.


When you earn a master’s in industrial organizational psychology, that does not mean you are finished learning. Your role may involve developing training manuals, creating employee development programs, or designing leadership workshops. To be effective in your role, you must have a mindset dedicated to lifelong learning. If the idea of continuing education, professional development, or continued learning makes you cringe, a degree in industrial organization may not be a good fit for you.



WHAT ARE THE 3 MAIN REASONS BEHIND THE DEMAND FOR MASTER’S IN INDUSTRIAL ORGANIZATIONAL PSYCHOLOGY DEGREE HOLDERS?


There are several reasons for the demand for Master's in Industrial Organizational Psychology degree holders. Knowing what employers need and why can help you find a job in this field. The following are three main reasons behind the demand for industrial organizational psychology degree holders.

1. An ever-changing industrial landscape with increased numbers of remote workers:

The industrial sector is constantly changing. Today, more people work remotely than in years past. Employers and businesses need to find ways to stay ahead of the curve. Industrial organizational psychology meets employers and employees where they are and helps create business plans that support changes in the employment landscape.

2. An increased awareness of how mental and emotional well-being affects work performance:

As business owners and managers become more aware of how mental and emotional wellness impact job performance, there is a growing demand for workers with specialized skills in industrial organizations. A Master's degree can give you the edge you need to stand out in the job market.

3. Business owners want to boost employee satisfaction and retention rates.

Business owners understand the importance of developing good relationships with employees and among team members to establish long-term working relationships. Industrial organizational psychology focuses on identifying strengths and weaknesses among team members within organizations and uses that knowledge to improve work environments. When work environments are good, employee satisfaction and retention rates improve. Satisfied employees are instrumental in the success of businesses.



WHAT IS THE STARTING SALARY FOR NEW MASTER’S IN INDUSTRIAL ORGANIZATIONAL PSYCHOLOGY DEGREE HOLDERS?


A starting salary for new master’s in industrial organizational psychology degree holders is $39,380 annually. This pay is equivalent to $18.93 per hour, $757 per week, and $3,280 per month.

Hourly$18.93 
Weekly$757 
Monthly$3,280 
Annual$39,380 
(Source: Payscale.com)



WHAT IS THE AVERAGE SALARY FOR EXPERIENCED MASTER’S IN INDUSTRIAL ORGANIZATIONAL PSYCHOLOGY DEGREE HOLDERS?


According to PayScale, the average salary for master’s in industrial organizational psychology is $70,000 annually. This pay is equal to 33.65 per hour, $1,346 each week, or $5,830 per month.

Hourly$33.65 
Weekly$1,346 
Monthly$5,830 
Annual$70,000 
(Source: Payscale.com)



IS THE COST OF A MASTER’S IN INDUSTRIAL ORGANIZATIONAL PSYCHOLOGY DEGREE WORTH THE RETURN ON INVESTMENT (ROI)?


Pursuing a Master's Degree in Industrial or Organizational Psychology is an important decision and one that requires careful consideration when it comes to the return on investment (ROI). While the associated tuition costs and other expenses may seem daunting in the short term, they can be offset by long-term ROI benefits such as higher salaries and better job security.

According to a study published in 2017, master’s degree holders in industrial organizational psychology earn up to 25% more than individuals with an undergraduate degree. This potential return indicates earning a master's in industrial organizational psychology is worth it.



WHAT ARE THE 3 BEST JOBS YOU CAN GET WITH A MASTER’S IN INDUSTRIAL ORGANIZATIONAL PSYCHOLOGY DEGREE?


With a Master's in Industrial Organizational Psychology degree, you can gain access to some of the most rewarding and high-paying jobs available. From roles in human resources and consulting to management positions, these specialized roles offer the opportunity to use your knowledge and skills to help enhance the efficiency and performance of organizations.

1. Human Resources Manager

Human resources managers are responsible for the recruitment, selection, and training of employees. In this role, you may develop and implement policies and procedures, serve as a representative and advocate for employees, and mediate workplace conflicts. Having a Master’s in Industrial Organizational Psychology will help you improve organizational culture and promote positive organizational outcomes.

2. Training and Development Specialist

Training and development specialists use the principles of industrial organizational psychology to analyze productivity and design training materials to promote positive development. If you work in this role, you may develop and perform evaluations of current employees or design orientation plans for new employees.

3. Professional Development Consultant

Professional development consultants work with businesses to improve their organizational structure and efficiency. In this role, you will provide leadership training to help individuals develop and improve workplace skills to help them advance in their careers. You may organize and conduct professional development classes or workshops to help employees thrive in their positions.



BONUS! 3 TIPS TO MAKE MORE MONEY WITH A MASTER’S IN INDUSTRIAL ORGANIZATIONAL PSYCHOLOGY DEGREE?


If you have a master’s degree in industrial organizational psychology, you can leverage your knowledge to make more money. With this degree, you can apply the principles of psychology to help companies improve their work performance, increase job satisfaction, and promote organizational efficiency. Here are three tips to help you make more money with a master’s in industrial organizational psychology.

1. Become an adjunct instructor.

If you like the idea of teaching others, you could take on a side job as an adjunct instructor in an industrial organizational psychology program at a college or university. One of the benefits of working as an adjunct instructor is the flexibility of scheduling, which means you may be able to work your full-time job and use this role to supplement your income to make more money.

2. Consider becoming a consultant.

If you want to increase your earning potential with a Master’s in Industrial Organizational Psychology, consider becoming a consultant. You could choose to work with a consulting firm or work independently. As your professional reputation grows and you have positive feedback from clients, you may find consulting offers significant financial rewards.

3. Become a psychometrician.

Psychometricians combine psychology and statistics to develop, administer, and interpret personality, intellect, and emotional health. Psychometricians usually work in higher education or large organizations such as the military and multi-national companies.



SO, IS A MASTER’S IN INDUSTRIAL ORGANIZATIONAL PSYCHOLOGY WORTH YOUR TIME AND MONEY – MY FINAL THOUGHTS


Deciding whether or not to pursue a graduate degree takes careful consideration. Among other things, if you are considering a career that focuses on psychology in business, you may wonder, “Is a master’s in industrial organizational psychology worth your time and money?” While opinions vary and whether your return on investment and time is worth it is subjective, I believe the facts present a good argument that earning the degree is worth your time and money.

If earning a master’s in industrial organizational psychology interests you, the 25 reasons why a master’s in industrial organizational psychology is worth it and also 7 reasons why it may not be the right degree for you featured in this article can help you decide. If you weigh the pros and cons and feel this degree is a good option, I encourage you to get started today. There is no time like the present to get your degree and pursue the career you want!



FREQUENTLY ASKED QUESTIONS ANSWERED


1. What Is The Best Age To Pursue A Master’s In Industrial Organizational Psychology Degree?

There is no set age that is the “best age” to pursue a master’s in industrial organizational psychology degree. However, because this is a graduate degree, it is safe to assume most applicants will be at least in mid-20s to 30s before starting.


2. How Hard Is It To Get Into A Master’s In Industrial Organizational Psychology Degree Program?

Admission to master’s in industrial organizational psychology programs can be competitive. The higher your undergraduate GPA and the more experience you have in a relevant field, the more attractive an applicant you become.


3. Do I Need Work Experience To Get Into A Master’s In Industrial Organizational Psychology Degree Program?

Work experience is not required to get into a Master's in Industrial Organizational Psychology degree program. However, having relevant work experience related to the field can be beneficial to make you a competitive candidate and is highly encouraged.


4. What Is The Minimum GPA To Get Into A Master’s In Industrial Organizational Psychology Degree Program?

The minimum grade point average (GPA) to be accepted into a master's degree program in Industrial Organizational Psychology is typically 3.0 or higher on a 4.0 scale.


5. Are Online Master’s In Industrial Organizational Psychology Degree Programs Worth It?

Accredited online master’s in industrial organizational psychology degree programs offer the same curriculum as on-campus programs. If you want to earn your degree but feel campus-based learning is not an option, online master’s in industrial psychology degree programs are worth it.


6. Are Scholarships And Grants Available For Master’s In Industrial Organizational Psychology Degree Programs?

Yes, there are scholarships and grants available for master's in industrial organizational psychology degree programs.


7. Is It Hard To Complete A Master’s In Industrial Organizational Psychology Degree?

Master’s in industrial organizational psychology programs can be challenging. However, with determination and dedication, you can succeed!


8. Can Master’s In Industrial Organizational Psychology Students Have A Life?

Yes, master’s in industrial organizational psychology students can certainly have a life! With careful planning and time management, you can balance coursework with leisure activities.


9. Can I Work Part-Time And Successfully Complete The Master’s In Industrial Organizational Psychology Degree Program?

Many students work part-time while pursuing a master’s in industrial organizational psychology degree. Consider your work schedule and financial needs carefully to determine how much time you need to devote to work. Then, compare your scheduling options for your degree program to find a plan best suited to meet your needs.


10. Can I Work Full-Time And Successfully Complete The Master’s In Industrial Organizational Psychology Degree Program?

Although it takes dedication and discipline, with a carefully planned schedule and well-organized time management skills, some students work full-time while completing a master’s in industrial organizational degree.


11. Do Students Fail In Master’s In Industrial Organizational Psychology Degree Programs?

Students rarely fail in Master's in Industrial Organizational Psychology degree programs because of the dedication and commitment that faculty and students have toward making sure everyone succeeds. Instructors provide ample guidance throughout the curriculum, including help with assignments and exams, which gives students the opportunity to learn effectively and show mastery of the subject. With this support, most graduate students are able to positively complete their studies within the typically prescribed two-year timeframe.


12. Will I Ever Regret Getting A Master’s In Industrial Organizational Psychology Degree?

It is impossible to predict if you will ever regret getting a Master's degree in Industrial Organizational Psychology. Every individual's experience is different and it largely depends on their own personal goals, values, and expectations. Assessing the potential long-term benefits or drawbacks of this decision is highly subjective and should be carefully considered before making your final choice.


13. How Much Does A Master’s In Industrial Organizational Psychology Graduate Make Per Hour?

Graduates of master’s in industrial organizational psychology programs earn an average of $33.65 per hour.

$33.65


14. How Much Does A Master’s In Industrial Organizational Psychology Graduate Make Per Year?

Master’s in industrial organizational psychology graduates earn an average annual salary of $70,000.

$70,000


15. Will Master’s In Industrial Organizational Psychology Graduates Be Paid Less In The Future?

No, there is no evidence to suggest that master’s in industrial organizational psychology graduates will be paid less in the future. In fact, with the demand for industrial-organizational psychologists expected to rise by 19% between 2016 and 2026, earning potential is more likely to increase than decrease.


16. Are All Master’s In Industrial Organizational Psychology Graduates Successful In Their Careers?

Like any career, some graduates of industrial organizational psychology programs are unsuccessful. Depending on a graduate’s skillset, creativity, and professional drive, as well as factors such as job market conditions, success rates can vary.


17. Are Master’s In Industrial Organizational Psychology Graduates Happy With Their Jobs?

Most surveys and studies indicate master's in industrial organizational psychology graduates are satisfied with their jobs.


18. Can Master’s In Industrial Organizational Psychology Degree Holders Become Rich?

It is possible for graduates of master’s in industrial organizational psychology programs to become rich. However, the degree alone is not enough to make you financially wealthy. Carefully managing money by budgeting and creating a savings and retirement portfolio help. Additionally, you could talk to a financial advisor for tips on how to make your money work for you.


19. What Are Some Of The Best Master’s In Industrial Organizational Psychology Degree Alternatives?

Alternative master's degree programs to consider in industrial organizational psychology are business management and administration, social work, and education degrees.


Darby Faubion BSN, RN
Darby Faubion is a nurse and Allied Health educator with over twenty years of experience. She has assisted in developing curriculum for nursing programs and has instructed students at both community college and university levels. Because of her love of nursing education, Darby became a test-taking strategist and NCLEX prep coach and assists nursing graduates across the United States who are preparing to take the National Council Licensure Examination (NCLEX).