Lecture Notes: Top 10 Highest Paying Jobs for Psychology Students

Introduction

• Presenter: Calvin Raab
• Target Audience: Psychology majors or soon-to-be psychology majors
• Objective: Overview of the top 10 highest paying jobs for psychology students
• Methodology: Research on jobs for psychology students, sorted by salary
• Key Insight: Most psychology-related professional positions require more than a bachelor's degree

Job Rankings

10. Marketing Manager

• Salary: Over $65,000/year
• Education Required: Bachelor's degree
• Responsibilities:
  • Create marketing campaigns
  • Conduct research and interpret data
  • Understand human behavior for targeted campaigns

9. Suicide Hotline Worker

• Salary: About $86,000/year
• Education Required: Doctorate degree (per the website, though real-world experiences may vary)
• Responsibilities:
  • Answer phone calls or chats from those in distress
• Challenges:
  • High-stress and emotionally taxing
  • Highly important role

8. Correctional Psychologist

• Salary: Over $86,000/year
• Education Required: Minimum of a bachelor's degree, typically a master's degree
• Responsibilities:
  • Work with incarcerated individuals
  • Perform psychological evaluations
  • Write assessments and reports

7. Psychology Faculty Member

• Salary: Varies (professors typically earn more)
• Education Required: Doctorate degree
• Responsibilities:
  • Teaching and potentially conducting research
• Advice: Reach out to faculty members to learn about their career paths

6. Experimental Psychologist

• Salary: About $92,000/year
• Education Required: Minimum of a master's degree
• Responsibilities:
  • Conduct experiments on human behavior
  • Research and draw conclusions

5. Research Psychologist

• Salary: About $95,000/year
• Education Required: More than a bachelor's degree
• Responsibilities:
  • Conduct research on human behavior
  • Analyze existing research and develop new findings

4. Engineering Psychologist

• Salary: Over $98,000/year
• Education Required: Typically a master's degree
• Responsibilities:
  • Blend psychology and engineering
  • Develop machines for people with disabilities

3. Compensation and Benefits Manager

• Salary: Around $120,000/year
• Education Required: Bachelor's degree (further education advantageous)
• Responsibilities:
  • Set employee compensation and benefits
  • Conduct financial and benefits analysis for organizations

2. Industrial Organizational Psychologist (IO Psychologist)

• Salary: About $125,000/year
• Education Required: Higher education beyond a bachelor's degree
• Responsibilities:
  • Optimize workplace environments for psychological effectiveness
  • Improve employee efficiency through design

1. Psychologist

• Salary: Over $214,000/year
• Education Required: More than a bachelor's degree
• Responsibilities:
  • Work across various fields addressing mental health and psychological issues
  • Wide range of specialties and niches available

Conclusion

• Encouragement for psychology students to explore potential career paths
• Open invitation for comments and further discussions
• Presenter’s background: Economics student interested in personal finance and job markets
• Call to action: Subscribe for more content on similar topics

These notes provide a structured overview of potential career paths for psychology students, highlighting necessary education, responsibilities, and salary expectations. They serve as a useful guide for students considering advanced study or careers in psychology-related fields.