A master’s degree in software development can help boost your salary by as much as $10,000. With a salary of $70,000, the average junior developer may earn an additional $4,500 per year for a total of $74,500. A senior developer with a master’s degree can earn an average of $100,000 for the next five years…
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Software Developer Salary With Master’s Degree Overview
Software engineering is one of the most in-demand careers today. It’s estimated that there will be 1.4 million job openings in software engineering by 2020, and this number is expected to increase every year.
But what does it take to get hired as a software engineer? And how much do you stand to make if you land that position?
The good news is that there are many paths to becoming a software engineer, and no matter which path you choose, you can expect to earn a well-paying job. Let’s take a look at some of the most common paths towards becoming a software engineer.
Bachelors in Software Engineering
According to Payscale, the average salary for software engineers with a bachelor’s degree is $69,000 per year. The median pay for this group is $67,000 per year. However, there are many factors that influence your salary as a software engineer with just a bachelor’s degree: location, experience level and job title all play into your earning potential as an entry-level software developer. If you’re looking for an entry-level position as a programmer or developer with just a bachelor’s degree in computer science or computer engineering, expect
who is a software developer
A software developer is a person who can write, test, verify and maintain the code for computer programs. A software developer usually has strong abilities and skills including: advanced problem solving techniques, logic, communications skills to deal with clients effectively, mathematical analysis and logical reasoning.
What does a software developer do?
Software developers are the creative force behind computer programs of all kinds. They design and write the code used to build everything from operating systems to apps to video games.
In this role, you may be involved with every stage of the software development process, from figuring out what users need and how they’ll use the software to rolling out a completed application. You may sometimes work with computer programmers, although many developers complete all the coding themselves.
Day-to-day tasks might include:
- Analyzing the needs of software users
- Designing, testing, and building software programs to meet user needs
- Creating models and diagrams that outline the code needed to create software and applications
- Performing maintenance and testing to keep software functioning
- Documenting the process to provide the information needed for upgrades and maintenance
What qualifications does a software engineer need?
To secure a job as a software engineer, you will need the following –
- A bachelor’s degree in Computer Engineering/Computer Science/Information Technology
- Knowledge of programming languages such as JAVA or Python
- Knowledge of high school mathematics
What skills do you need to be a software developer?
To make your career to grow as a software engineer and earn the highest possible Software Engineer/Developer salary in India, you need to have update yourself with:
- Python
- Java
- C ++
- Databases such as Oracle and MySQL
- Basic networking concepts
When your prospected employer interviews you, it would also expect you to have some experience in –
- Android development
- Web languages such as HTML, CSS and JavaScript
- Working projects involving artificial intelligence
Also read: Java free online courses!
You should also be familiar with –
- Object-oriented design or OOD
- Debugging a program
- Testing software
- Coding in modern languages such as Ruby, R and Go
Since software developers work in a team, you are also expected to have excellent –
- Communication skills
- Willingness to work together and cooperate with others
How Much Does a Software Engineer With a Master’s Degree Earn?
Getting a bachelor’s degree in software engineering isn’t an easy undertaking, and achieving a master’s involves even more time, effort and money. A bachelor’s in software engineering salary will be lower most of the time, so going for the advanced degree can be well worth it. Having a master’s degree also means a better understanding of software design and a faster career
How Does a Bachelor’s and a Master’s Differ?
A bachelor’s degree in software engineering is meant to teach you the basics of coding, software design and architecture, software testing, and project management. This degree will last four years and allow you to get an entry-level job as a software engineer.
A master’s degree will elaborate upon the concepts that you have already learned as an undergraduate. You can expect to learn more about database design concepts, software testing, systems design, and increasing your creativity and problem-solving methods when tackling a software project. You can choose to do a full-time degree, lasting one year, or a
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what Jobs Can You Do With Your Master’s Degree?
Here is a list of prospective jobs that you can do:
- Software Developer. A software developer creates well-designed software applications for businesses.
- Computer and Information Research Scientist. This job entails finding creative solutions to existing computing problems in various fields, from healthcare to government. These solutions might be found by improving upon existing software, or by designing and creating completely new technology.
- Computer and Information Systems Manager. Popularly just called an IT Manager, this post involves determining a company’s technological needs, and recommending and creating necessary software as needed.
- Information Security Analyst. As a cybersecurity specialist, you will be creating solutions to prevent hackers from stealing data and compromising the system’s security.
- Computer Network Architect. This person designs and builds data communication networks, from local area networks (LAN) to wide area networks (WAN) and also the intranet.
Factors impacting software engineering salaries
A master’s in software engineering will significantly boost your earnings. Other factors will also have an impact on your ultimate compensation package.
First, experience matters. Computer software engineering salaries at an entry-level—with less than five years of experience—average $77,000, a number that increases to $91,000 for mid-career professionals with five to ten years of experience. The bump in software engineering salaries after 10 to 20 years under your belt is also impressive, at $102,000.
Location also affects pay because of both cost-of-living considerations and the availability (or lack thereof) of qualified professionals. Silicon Valley falls in the top bracket for average annual salary, with Mountain View, San Francisco and San Jose, California, taking three of the top five slots (no surprise given the proliferation of tech companies in the region). Seattle, Washington and New York City occupy the other two.
How you specialize during your graduate studies can also significantly influence your earning potential. The average software engineer salary varies depending on skillsets in demand. Demands change regularly, which is why many software engineers continually upgrade their trainings and certifications; this is what makes software engineering a good career choice for people who enjoy lifelong learning. Knowing Python programming language, for example, can raise the average salary to $104,755. Experience and training in project management can add another $10,000 to your base salary.
Software engineers are needed in many fields across the employment spectrum; being able to choose from so many options is one of the advantages of the job. Different sectors compensate engineers differently, though. Securities and commodities exchange, other finance-related fields, and engineering are most lucrative, with average salaries of $123,000. In contrast, work in retail registers a lower (but still impressive) annual salary of $101,219.
Finally, certifications can also boost software engineering pay. The top ones that command high pay include Google-certified professional cloud architect ($139,529); and Project Management Professional (PMP) and Certified Scrum Master (CSM) (both in the $135,000 range).
Should you get a master’s in software engineering?
Even if you never encounter a velociraptor, a career as a software engineer will set you up for a challenging and interesting career. You’ll be able to pick from a variety of roles across a broad spectrum range of businesses, and to earn an excellent salary in the process. A master’s degree will upgrade your earnings and opportunities significantly, and you should consider it seriously if you are contemplating a long-term career in software engineering.