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Online master’s in data science grads make more than $100K after these 5 programs

May 12, 2023 at 4:57 PM UTC
Students near the Dwinelle Hall on the University of California, Berkeley campus in Berkeley, California, as seen in August 2022. (Photographer: David Odisho—Bloomberg/Getty Images)
Students near the Dwinelle Hall on the University of California, Berkeley campus in Berkeley, California, as seen in August 2022. (Photographer: David Odisho—Bloomberg/Getty Images)

Data science was deemed the “sexiest job of the 21st century” by Harvard Business Review about a decade ago based on the demand for the profession. In 2023, demand for data scientists remains strong with the U.S. Bureau of Labor Statistics (BLS) projecting 36% job growth by 2031

Such demand comes with a starting salary to match: Data scientists, on average, make about $100,000, according to the BLS. But many employers want to hire professionals who have a master’s degree in data science, in addition to a bachelor’s degree in a related field. 

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While there are plenty of in-person master’s in data science programs to choose from, many online master’s in data science programs come with the same resulting salary outcomes. In fact, some online master’s in data science grads make more than the industry average. Syracuse University, which is ranked by Fortune as having a top online data science master’s program, sees grads make median base salaries of $106,000.

“Our data science graduates reap the benefits of high average base salaries due to the increasing demand of data specialists in the United States,” Christopher Perrello, director of career services and professional development at Syracuse University’s School of Information Studies, previously told Fortune. “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.”

For reference, some of the most common job titles held by grads with a master’s degree in data science include data scientist, data manager, data architect, data engineer, software engineer, and machine learning engineer. Companies both large and small—both in the tech sector and not—hire these professionals as our world becomes increasingly digitized. 

Five schools on Fortune’s ranking of best online master’s degree programs in data science report that their graduates earn more than six figures after graduation. Not all schools submit salary reports to Fortune, so this list is not exhaustive of all online master’s in data science programs that have the same career outcomes. All figures listed below are reported by the schools and reflect salaries four months after graduation.

1. University of California—Berkeley

Median salary: $148,000

Fortune rank: No. 2

Acceptance rate: 36%

Average number of years of work experience: 7

2. University of Southern California

Median salary: $138,700

Fortune rank: No. 1

Acceptance rate: 13%

Average number of years of work experience: 1.7

3. Bay Path University

Median salary: $110,000

Fortune rank: No. 3

Acceptance rate: 49%

Average number of years of work experience: 3

4. Syracuse University

Median salary: $106,000

Fortune rank: No. 21

Acceptance rate: 90%

Average number of years of work experience: 4

5. Illinois Institute of Technology

Median salary: $104,500

Fortune rank: No. 6

Acceptance rate: 66%

Average number of years of work experience: did not report

Check out all of Fortune’rankings of degree programs, and learn more about specific career paths.

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About the Contributors

Sydney Lake
By Sydney LakeAssociate Editor

Sydney Lake is an associate editor at Fortune, where she writes and edits news for the publication's global news desk.

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Jasmine Suarez
Reviewed By Jasmine SuarezSenior Staff Editor

Jasmine Suarez was a senior editor at Fortune where she leads coverage for careers, education and finance. In the past, she’s worked for Business Insider, Adweek, Red Ventures, McGraw-Hill, Pearson, and more. 

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