Expected Salary with an MSN Degree

Nurses are in demand in most areas of the United States, so you can expect to make a relatively high salary in this field, even with just an associate’s degree. Want to make even more money? Head back to school to become an advanced practice nurse (APN) by getting your master’s degree. There are four different APN paths you can consider, and with each, you’ll be on your way to a six-figure salary.

Types of MSN Degrees

By far, the factor that has the biggest effect on the salary you’ll receive with a master’s degree in nursing is the type of APN path you choose. There are four main types of MSN nursing programs, as follows (with the average salaries):

  • Certified Nurse Anesthetist: $156,032
  • Certified Nurse Midwife: $91,242
  • Nurse Practitioner: $89,787
  • Clinical Nurse Specialist: $87,867

Are you can see, if you go through one of the certification paths, you’ll make more money.

Education for a Higher Salary

In any of these four fields, you can make more money by getting a second master’s degree in business or health administration. This degree allows you to become a higher-level manager or director, with a starting salary of over $120,000 annually. You can also go on to get your doctorate in any of these fields, which is actually starting to begin required of APNs in some states. The more education you have, the higher your salary will be (in general).

Other Factors Affecting Salary

The type of education you have isn’t the only thing that will help you earn money with a masters of science in nursing. Other factors that affect salary include the following:

  • Location
  • Type of Employer
  • Size of Employer
  • Nursing Specialty (if you choose the nurse practitioner path or clinical nurse specialist path)
  • Years of Experience in Nursing

Luckily, it only takes about two years to earn your MSN if you have a bachelor’s degree already and only about three or four years to earn your MSN if you have an associate’s degree. Through RN to MSN programs, which come available with tons of financial aid for nursing students, you can earn your degree quickly and with little out-of-pocket expense, so you’ll make your money back in no time!

Guide to MSN Degree Programs

Below are links to the top online MSN degree programs. Use the links next to each school to request free information from that college about the programs it offers that interest you. If you are considering enrolling in an M.S.N. degree program, you should request information from at least 4 different schools as there are differences between tuition, admission requirements, etc. which are best explained by the schools themselves.

Kaplan University

Nursing students can earn a BSN to MSN or masters degrees in Nurse Administrator, and Nurse Education at Kaplan University. Kaplan's nursing programs emphasize preventive care and allow you to specialize in care of older people. The program offers a good balance of practical skills with a solid theoretical background.

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Walden University

Walden University offers several different degrees in nursing including: BSN to MSN, MSN in Case Management, and MSN in Informatics. The program allows you to gain the knowledge and ability to make a difference in your patients. In this program you will collaborate with nurses from around the country in an interactive online environment.

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