What is the ROI of a Master’s Degree in Cybersecurity

If you are looking for a degree in a growing field that generates a solid return on investment (ROI), a Master of Science in Cybersecurity is the key to finding a rewarding career. Cyber security experts are needed by corporations, government agencies, non-profit organizations and many other employers. The demand for cyber security experts will continue to increase as we become more dependent on the Internet of Things (IoT) that connects our personal electronic devices as well as our homes and even our health devices to the World Wide Web.

The Growing Field of Cyber Security

The demand for cybersecurity analysts is expected to grow far into the future. The Bureau of Labor and Statistics reports that in 2012 about 366,000 network and computer systems administrators were employed in the United States. The cybersecurity field is expected to grow by about 37% between 2012 and 2022. This represents an addition of at least 27,400 new jobs.

How Lucrative is a Career in Cyber Security?

As long as the Internet is around, there will be a strong demand for Cybersecurity professionals. These talented individuals are charged with protecting important data. Web technology and security is extremely dynamic, with new software launching and new threats exposed throughout the year so web security experts must continue learning as their careers progress in order to stay on top of all the changes.

The cyber security field offers an array of rewarding career paths. Each individual job has its own nuanced responsibilities, demands, educational requirements and compensation. This means that cyber security professionals earn a wide range of salaries. Those who obtain a Master's degree in the field will typically earn more than those with a Bachelor's degree. U.S. News and World Report reports average salaries for information security professionals are $91,210, but might reach significantly higher salaries in big cities such as San Francisco ($112,320), New York City ($120,460), and Sacramento ($142,200). These information security analysts can move through the ranks climb up the career ladder to earn more money, and add technical credentials such as CISSP (Certified Information Systems Security Professional) to their resume. Some of the top IT security positions and salaries include:

  • ::  Director of Security at $178,333
  • ::  Cybersecurity Lead at $175,000
  • ::  Lead Security Engineer at $174,375
  • ::  Cybersecurity Engineer at $170,000
  • ::  Application Security Manager at $165,000

Rewarding Careers with a Master's Degree in Cybersecurity

Part of the reason a Master's degree in Cybersecurity is so valuable is that now more than ever, companies and organizations understand the need to secure their own information and sensitive customer data. With big-name brands experiencing high-profile security breaches such as Target and Sony, corporate executives and business owners are beginning to key in on combatting these cyber threats.

The impact of a cyber-attack on a business is far reaching, resulting in much more than bad headlines and leaked information. Cyberattacks can lead to lost jobs, massive legal costs, hurt brand reputation, lost customers, and ultimately an impact on overall revenue. Watch this recent webinar series on the impact of a data breach.

Cyber security is also critical to national security. A hacker who accesses government records or bank account information can wreak havoc in a number of ways. International adversaries attack not just government assets, but also corporations (e.g. to steal trademark secrets or sabotage competition), infrastructure (e.g. utilities, transportation, telecom, etc.), and other entities connected and controlled electronically, and therefore susceptible to hacking. This is precisely why people with cyber security skills will continue to be in high demand in private business and government positions. The U.S. Department of Homeland Security has established a Cyber Security division to help cybersecurity experts keep our country safe from online attacks.

With malicious software, hackers and cyber terrorists, the need for skilled cyber security experts will continue to grow. While a Bachelor's degree in Cybersecurity will help you get your foot in the door, those with a Master's degree in the field earn higher salaries and have considerably more job security. The cybersecurity programs offered by Utica College online can prepare students for a rewarding cybersecurity career by providing them with the tools needed to combat today’s cyber threats.

Learn about the rewarding careers in cybersecurity

  • :: Discover the latest technology used by professionals in this field.
  • :: Learn how to incorporate your skills to improve security measures
  • :: Find out how to leverage your degree to advance your career

Free Guide to find out what careers are available for cybersecurity professionals