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<p><a href="https://fortune.com/education/information-technology/best-masters-in-data-science/">Data scientists</a> are among the fastest-growing and most in-demand jobs in the U.S. The number of jobs is expected to skyrocket by 36% between 2021 and 2031—which is much<a href="https://www.bls.gov/ooh/math/data-scientists.htm"> faster</a> than any other occupation, according to the U.S. Bureau of Labor Statistics. And data scientists earn $100,000 salaries, on average.</p><div class="paywall-selector"></div><div class="paywall">



<p>While data scientists typically need a bachelor’s degree in math, statistics, <a href="https://fortune.com/education/information-technology/best-online-masters-in-computer-science/">computer science</a>, or another related field of study, some employers prefer candidates who have earned a master’s degree in data science. Not only do these employers prefer this qualification, but they’ll pay more for it. Data science master’s grads can make starting base salaries of more than <a href="https://fortune.com/education/articles/grads-of-uc-berkeleys-data-science-masters-program-can-earn-more-than-155k/">$150,000</a>; that amount doesn’t include bonuses.</p>



<p>In fact, grads from University of California—Berkeley’s online master’s in data science program, which <em>Fortune </em><a href="https://fortune.com/education/information-technology/best-online-masters-in-data-science/">ranks</a> as the second-best in the U.S., in 2021 earned an average annual salary of more than $155,000, according to data provided by the school. Not far behind is Harvard University, which reports that its in-person data science master’s grads make median base salaries of $130,000, data collected during <em>Fortune</em>’s ranking process shows. Harvard is ranked as having the No. 2 in-person data science master’s program in the U.S.</p>



<p>Syracuse University, which holds the No. 10 spot on <em>Fortune</em>’s ranking of the best online master’s in data science, reports some of the highest median base salaries of the top programs at $105,000, data submitted during the ranking process shows.</p>



<p>“Our data science graduates reap the benefits of high average base salaries due to the increasing demand for data specialists in the United States,” Christopher Perrello, <a href="https://ischool.syr.edu/">director</a> of career services and professional development at Syracuse University’s School of Information Studies, tells <em>Fortune. </em>“Organizations are discovering they can maximize their bottom lines by analyzing large amounts of data for better decision making, so they need to hire to keep up with this demand.”</p>



<h2 class="wp-block-heading" id="h-jobs-that-data-science-master-s-land">Jobs that data science master’s land</h2>



<p>Graduates from Syracuse’s program take on a variety of roles: data analysts, <a href="https://fortune.com/education/careers/how-to-become-a-data-scientist/">data scientists</a>, machine learning engineers, data engineers, quality specialists, data visualization designers, business intelligence analysts, and data mining analysts. These grads work for big tech companies, and they’re also working in other industries including nonprofit and government, Perrello says.</p>



<p>“The analysis of data is necessary in any industry or company that dares to survive these days,” he adds. “This is why our graduates can find themselves in a variety of organizations.”</p>



<p>Other top data science schools, including Indiana University—Bloomington and the University of Missouri—Columbia, also report that their grad students go on to take various data science roles in various job sectors. </p>



<p>Some Indiana grads go on to advanced manufacturing <a href="https://fortune.com/education/articles/computer-science-and-engineering-programs-students-want-more-hands-on-learning-siemens-exec-says/">roles</a> in auto, engine, and aircraft sectors, while Mizzou grads enter a “broad spectrum of industries,” to become data scientists, data engineers, machine learning engineers, and even managerial or leadership positions, <a href="https://muidsi.missouri.edu/person/grant-scott/#:~:text=Grant%20Scott%2C%20PhD&amp;text=Scott%20is%20an%20Assistant%20Professor,University%20of%20Missouri%20(MU).">Grant Scott</a>, director of Missouri’s data science and analytics program, tells <em>Fortune.</em></p>



<p>“Our students are able to see the big picture,” he says. “They understand that the value of data is in its transformation from raw collection and business inputs into high-value business products that increase productivity, revenue, value, and other aspects that lead to business success,” Missouri reports median base salaries for its data science grads at $105,000, while Indiana’s grads make $100,000. </p>



<p>Syracuse credits its focus on applied data science as one reason why grads can land six-figure jobs after graduation.</p>



<p>“Our program is focused on how to apply data science and machine learning within an organizational context—hence our ‘applied data science’ program name,” Jeffrey Saltz, program director of Syracuse’s master’s in applied data science, tells <em>Fortune</em>. “This focus on how to use data science to provide actionable insight and effectively communicate those insights is highly valued by potential employers.”</p>



<h2 class="wp-block-heading" id="h-why-a-master-s-degree-can-help-your-data-science-career">Why a master’s degree can help your data science career</h2>



<p><a href="https://fortune.com/education/articles/top-business-schools-focus-on-building-future-leaders-with-experiential-learning-model/">Experiential learning</a> is a major component of many top-ranked data science master’s programs. At Indiana, students get hands-on experience converting complex data into visual representations in many decision-making processes, <a href="https://luddy.indiana.edu/contact/profile/?Haixu_Tang">Haixu Tang</a>, Indiana’s director of data science academic programs, tells <em>Fortune</em>. These real-world data science projects help students learn how to work with both academic and industrial partners, he adds. </p>



<p>Missouri also places a “heavy emphasis” on developing professional skills, including project management, teamwork, and communication, Scott says. Students practice these skills with their peers, real customers, and even <a href="https://fortune.com/education/articles/ceos-need-to-start-caring-about-the-cybersecurity-talent-gap-crisis-new-report-shows/">C-suite executives</a>. </p>



<p>There is also a huge need for data scientists to have both hard and soft skills, Perrello adds, which students work on during the Syracuse program. </p>



<p>“Data professionals must have a working knowledge of <a href="https://fortune.com/education/articles/jumpstart-your-data-science-career-with-these-4-free-online-python-courses/">Python</a>, R, and SQL but also must possess emotional intelligence, communication, and time management skills,” he says. “These factors all contribute to a higher base average salary compared to other careers.”</p>



<hr class="wp-block-separator has-alpha-channel-opacity">



<p><em>Check out all of </em>Fortune’<em>s <a href="https://fortune.com/education/">rankings of degree programs</a>, and learn more about specific <a href="https://fortune.com/education/careers/">career paths</a>.</em></p>



<div class="wp-block-group pro-tip-box-widget"><div class="wp-block-group__inner-container is-layout-constrained wp-block-group-is-layout-constrained">
<h3 class="wp-block-heading pro-tip-box-heading">Read more</h3>



<li>One of the <a href="https://fortune.com/education/bootcamps/best-data-science-and-analytics-bootcamps/">best data science and analytics bootcamps</a> can boost your professional skillset.</li>
<li>Looking into learning more about data science? Check out our list of the <a href="https://fortune.com/education/information-technology/best-masters-in-data-science/">best data science masters programs</a>.</li>
<li>Our ranking of the <a href="https://fortune.com/education/information-technology/best-online-masters-in-data-science/">best online data scientist masters programs</a> can help you find the program that best fits your schedule.</li>
<li>Getting a masters degree doesn’t have to break the bank. Here’s our list of the <a href="https://fortune.com/education/information-technology/most-affordable-masters-in-data-science/">most affordable data science masters degree programs</a>.</li>
<li>Regardless of how you scored on the GRE, you can still find an <a href="https://fortune.com/education/information-technology/best-online-masters-in-data-science/no-gre-required/">online data science masters program</a>.</li>
<li>Choose from our ranking of the <a href="https://fortune.com/education/information-technology/best-online-masters-in-computer-science/">best online masters in computer science programs</a> to help you make your next career move.</li>
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Data science master’s grads can make starting base salaries of more than $150,000; that’s not including bonuses.

A master’s in data science can be the ticket to a six-figure salary

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A master’s in data science can be the ticket to a six-figure salary

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