Last Updated on January 17, 2023
Taking an MBA program in organizational psychology is one of the most challenging and at the same time fun tasks that you can take up. The degree if of great importance for future psychologists who wish to take up a career in business. The content covered includes both academic and practical side of management, and will help you to understand the various aspects related to psychology in the industries. Read on for the latest and best on: Can You Get An Mba With A Psychology Degree, mba in psychology salary, mba in psychology jobs, mba psychology uk and clinical psychologist with mba.
The psychology MBA programs have a vigorous curriculum, which comprises of theoretical study, research work, presentations, and group projects. Students enrolled in this degree program gain advanced knowledge and strong understanding of psychology and running of organizations. With detailed understanding of both these factors, students can comprehensively design processes that improve worker performance. There are a number of courses studied in MBA degrees in Psychology, such as:
- Organizational theory
- Development and managing change
- Global fiancé management
- Performance appraisal methods
- Survey research
- Motivation and leadership
Students enrolled in MBA in psychology degrees develop a number of skills that help prepare them for the corporate world. These include , consulting skills, evaluation, communication skills, motivational, skills, market research skills, problem solving, critical thinking and analytical skills.
Students with MBA in psychology degree can take on many great job opportunities after graduation. Typically an organizational psychologist earns $38,438 to $107,535 per year, including all other benefits and profits. With more experience and more years on the job, the level of salary is like to increase. Following are a few job types that students can pursue with a MBA in Organizational Psychology degree:
- Organizational behavior consultant
- Human resource manager
- Recruitment manager
- Industrial psychologists
- Employee consultant specialist
How long does it take to get an MBA in Psychology?
An MBA degree typically takes two years to complete. If you want to go into the field of psychology with an MBA degree, you can do that as well. You can pursue an MA in Psychology after completing your MBA. This MA can be in various psychology related fields, such as Organizational Development/Behavior. A combination of MBA and Psychology can give you an edge in the job market.
What are the requirements to get an MBA in Psychology?
MBA and Psychology dual graduate degrees focus on a specific psychology area. To get into one of these programs, you will need to have completed certain psychology courses with a GPA of at least 3.0. Depending on your chosen concentration, you may be required to complete courses such as Qualitative and Quantitative Research Methods, Organizational Psychology, Psychometrics, Managerial Economics and so on.
How much can I make with an MBA in Psychology?
You can opt to go for a variety of careers with a degree in psychology. Potential career paths include becoming a behavioral counselor, health project coordinator, family services worker, child care supervisor, rehabilitation specialist and so on. The amount of money you make with an MBA in Psychology will be dependent on which career path you choose.
Can You Get An Mba With A Psychology Degree
We begin with Can You Get An Mba With A Psychology Degree, mba in psychology salary, mba in psychology jobs, mba psychology uk and clinical psychologist with mba.
Can I get an MBA with an undergraduate degree in psychology?
Absolutely. You can complete a Master of Business Administration (MBA) if you have a bachelor’s degree. Below are some of the possible career options with an MBA and degree in psychology, according to the U.S. Bureau of Labor Statistics (BLS):
- Management analyst: You will recommend ways to improve an organization’s efficiency, with a median pay of $85,260 in May 2019. To become one, you will need a bachelor’s degree in business, economics, finance, marketing, or psychology, or a master’s degree in business administration (MBA).
- Training and development manager: You will plan, coordinate, and direct skills- and knowledge-enhancement programs for an organization’s staff, with a median pay of $113,350 in May 2019. To become one, you will need a bachelor’s degree in business administration, education, or a related field, or a master’s degree with a concentration in training and development, human resources management, organizational development, business administration, instructional design, behavioral psychology, or educational psychology.
- Human resources manager: You will plan, coordinate, and direct the administrative functions of an organization, with a median pay of $116,720 in May 2019. To become one, you will need a bachelor’s degree in human resources or in another field, such as business management, education, or information technology, with courses in conflict management or psychology. You may also need a master’s degree in human resources, labor relations, or business administration (MBA).
mba in psychology salary
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How much does a Master Level Psychologist make?
As of Jan 7, 2022, the average annual pay for a Master Level Psychologist in the United States is $60,919 a year.
Just in case you need a simple salary calculator, that works out to be approximately $29.29 an hour. This is the equivalent of $1,172/week or $5,077/month.
While ZipRecruiter is seeing annual salaries as high as $117,000 and as low as $23,500, the majority of Master Level Psychologist salaries currently range between $39,500 (25th percentile) to $67,000 (75th percentile) with top earners (90th percentile) making $101,500 annually across the United States. The average pay range for a Master Level Psychologist varies greatly (by as much as $27,500), which suggests there may be many opportunities for advancement and increased pay based on skill level, location and years of experience.
Based on recent job posting activity on ZipRecruiter, the Master Level Psychologist job market in both Kano, NG and throughout the entire state of is not very active as few companies are currently hiring. A Master Level Psychologist in your area makes on average $60,919 per year, or the same as the national average annual salary of $60,919. ranks number 1 out of 50 states nationwide for Master Level Psychologist salaries.
To estimate the most accurate annual salary range for Master Level Psychologist jobs, ZipRecruiter continuously scans its database of millions of active jobs published locally throughout America.
Find your next high paying job as a Master Level Psychologist on ZipRecruiter today.
What are Top 10 Highest Paying Cities for Master Level Psychologist Jobs
We’ve identified 10 cities where the typical salary for a Master Level Psychologist job is above the national average. Topping the list is San Francisco, CA, with Fremont, CA and San Jose, CA close behind in the second and third positions. San Jose, CA beats the national average by $10,174 (16.7%), and San Francisco, CA furthers that trend with another $15,077 (24.8%) above the $60,919 average.
Importantly, San Francisco, CA has a moderately active Master Level Psychologist job market with only a few companies currently hiring for this type of role.
With these 10 cities having average salaries higher than the national average, the opportunities for economic advancement by changing locations as a Master Level Psychologist appears to be exceedingly fruitful.
Finally, another factor to consider is the average salary for these top ten cities varies very little at 10% between San Francisco, CA and Norwalk, CT, reinforcing the limited potential for much wage advancement. The possibility of a lower cost of living may be the best factor to use when considering location and salary for a Master Level Psychologist role.
|City||Annual Salary||Monthly Pay||Weekly Pay||Hourly Wage|
|San Francisco, CA||$75,997||$6,333||$1,461||$36.54|
|San Jose, CA||$71,093||$5,924||$1,367||$34.18|
What are Top 5 Best Paying Related Master Level Psychologist Jobs in the U.S.
We found at least five jobs related to the Master Level Psychologist job category that pay more per year than a typical Master Level Psychologist salary. Top examples of these roles include: Primary Care Psychologist, Remote Psychologist, and Psychologist Contractor.
Importantly, all of these jobs are paid between $55,552 (91.2%) and $62,832 (103.1%) more than the average Master Level Psychologist salary of $60,919. If you’re qualified, getting hired for one of these related Master Level Psychologist jobs may help you make more money than that of the average Master Level Psychologist position.
|Job Title||Annual Salary||Monthly Pay||Weekly Pay||Hourly Wage|
|Primary Care Psychologist||$123,751||$10,313||$2,380||$59.50|
|Industrial Organizational Psychologist||$116,471||$9,706||$2,240||$56.00|
mba in psychology jobs
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Psychologists have had a profound impact on businesses, shaping the way we think about issues ranging from group dynamics to motivation and employee behavior.
However, there are multiple paths to working in business psychology, and the best option for you will depend on the exact roles you want to fill. For example, do you see yourself as a psychology consultant working with business leaders, or a manager who wants to learn motivational strategies for your employees?
Another important factor to note is that the field of industrial/organizational psychology is dedicated to applying psychological principles in business settings, and graduate psychology programs, including Lynn’s, often offer this as a track or focus area. For this article, we’ll examine two potential routes to developing expertise in business psychology and how they differ in terms of time required, career outcomes and advancement opportunities—by exploring the program structure and outcomes for an MBA vs. a master’s in psychology.
M.S. in Psychology Career Outcomes
M.S. in Psychology graduates have opportunities to work in a variety of business, non-profit and clinical settings. Some of the common career paths for professionals with an Master of Science in Psychology include:
- Behavior Analyst
- Executive Director
- Program Manager, Non-Profit
- Clinical Director
- Human Resources (HR) Manager
I/O psychologists may enter management roles themselves or work with management and executives to implement employee onboarding and training programs. They can also assist with marketing, human resources, and with creating company-wide policies. According to the U.S. Bureau of Labor Statistics, the following disciplines have the highest levels of employment for I/O psychologists:
- Scientific research and development services
- Management, scientific and technical consulting services
- Colleges, universities and professional schools
- State government, excluding schools and hospitals
- Management of companies and enterprises
mba psychology uk
- 100% online Psychology MBA within 24 months
- Study anytime, anywhere, on any device
- Earn while you learn
- £6,000 total fees, option to pay per module
- Full academic support
Take your career in management and leadership to the next level with the MBA Psychology from North Wales Management School. The MBA Psychology is designed for ambitious working professionals who want to combine a broad base of key business skills and knowledge with an in-depth understanding of human behaviour. You will learn how to apply this understanding in a professional context, equipping you with the tools to successfully influence, inspire, lead and embed a culture of positivity, health and wellbeing within the workplace.
A flexible MBA that can be studied from anywhere at any time
This MBA is 100% online and can be studied from anywhere in the world, with no need to visit campus. Because of the flexible online learning model, it can be studied at any time, meaning that you can fit study around your work and family commitments and avoid costly study breaks.
Learn the knowledge and skills to set yourself apart as a manager
The programme develops key skills of transformational leaders, including:
- Organisational psychology
- Health psychology
- Effecting creative change and innovation
- Psychology and social media
- Communication skills
- Human resource management strategies
- Deriving actionable insights from business intelligence
- Strategic implementation
Experts in flexible teaching and learning
More than half of the students at Wrexham Glyndwr University study part-time and as a result we at North Wales Management School have considerable expertise in flexible study. This completely online MBA Psychology enables you to study at your own pace, on your own terms.
With six starts per year, you can start within weeks. There are flexible payment options to pay just £500 per eight-week module and, for those that are eligible, there are postgraduate government loans to cover the full programme cost.
Psychology MBA built for success in today’s employment market
This MBA Psychology is industry-led and career-focused, reflecting the culture and capabilities of North Wales Management School and of Wrexham Glyndwr University more broadly. Our deep relationships with major employers have fed into the programme content and have helped shape an MBA that specifically targets career enhancement outcomes across a wide range of sectors in the modern-day work environment. It is this approach that has seen us ranked in the top 10 UK universities for employability for part-time students.
Entry requirements for home and international students
- You should have or be about to complete an undergraduate degree in any subject with a minimum grade of 2:2 (or equivalent qualification). We will also accept master’s degrees or equivalent.
- You should have at least two years of work experience.
- We may also accept applicants who do not have these qualifications based on two or more years of relevant work experience.
- If you earned your undergraduate degree outside the UK, you should check that it is equivalent to a 2:2.
English language requirements
- If English isn’t your first language, you may need to provide evidence of your English language ability. We accept:
- IELTS at 6.0 overall, with no individual component below 5.5
- TOEFL overall minimum 83
- PTE Academic overall minimum 58
- Cambridge (CAE & CPE) overall 176
- A degree qualification taught in English
- Evidence that you work in a company where English is the first language
- High school qualifications in English
North Wales Management School’s online MBAs are designed to be affordable. Tuition fees are calculated per eight-week module. You can enrol in and pay for each consecutive session as your studies progress. Payment is accepted through the online student portal and must meet the payment deadline.
clinical psychologist with mba
Dual degree programs are available for those students wishing to earn the PsyD and the MBA-HCM or the PsyD and the MBA. The student receiving dual degrees can expect a wider range of career opportunities in clinical psychology, business, and health care management.
Students must be admitted by both the College of Health and Human Services and the School of Business Administration.
Regardless of which career path a PsyD student is considering (private practice, employed clinician, consultant, organizational psychologist, leadership development in the corporate world) and whether that path occurs in the for-profit or not-for-profit sector of the economy, there is a strong case for pairing clinical psychology skills with business skills.
Every institution (whether for-profit or non-profit; independent practice or large employer) faces resource pressures, which makes it critical to bring in enough revenue to cover operating costs. Doing so requires a deep understanding of the entity’s “business model”: How does the institution generate revenue? Where does it incur costs? And what can be done to boost revenues and reduce costs so that the institution makes enough of a margin to survive and grow? The MBA program provides clinical psychologists with this “strategic business” perspective.
A dual degree program provides several advantages in a competitive job environment. It will give you the operational, financial, marketing, people, and strategic skills needed to boost your organization’s performance, thus bestowing on you the credibility to lead. It will make you a better practitioner by giving you a superior understanding of the healthcare environment and preparing you to take on the changing reimbursement system. It will make you a more effective leadership development consultant by helping you understand the business context in which your client operates. In other words, our multi-accredited competency-based based program will differentiate you in the marketplace.
Students spend five years in full-time residence in the Institute for Graduate Clinical Psychology. Within that time frame, the business program can be completed by adding courses in each semester, including summer. In addition to fulfilling the essential requirements of the separate degrees, students are required to participate in a number of noncredit learning experiences that are specifically designed to help them integrate their training and develop unique skills. Students are expected to earn their dual degree within five years of study.
The applicant must possess a BA or BS degree from an accredited institution. A major in psychology is desirable but not essential. Evaluation of the student’s ability to do graduate work is based upon academic performance and high scores in the Graduate Record Exam (GRE). Personal character, attributes of emotional maturity and stability, and capacity for relating to and working with other people are major factors evaluated in reviewing applicants. Evidence for these attributes is sought from records of past performance, letters of reference, work history, and a personal interview. Applicants to these programs must be accepted by both the Institute for Graduate Clinical Psychology and the School of Business Administration. For admissions information, contact the Institute for Graduate Clinical Psychology, Widener University, One University Place, Chester, PA 19013.
The MBA-HCM and MBA are accredited by AACSB International—The Association to Advance Collegiate Schools of Business. The MBA-HCM is also accredited by the Commission on Accreditation for Healthcare Management Education (CAHME). The PsyD program and its clinical internship are fully accredited by the American Psychological Association.