Master’s Degrees Becoming More Popular: Business, Science, and Engineering at the Forefront

By David Krug David Krug is the CEO & President of Bankovia. He's a lifelong expat who has lived in the Philippines, Mexico, Thailand, and Colombia. When he's not reading about cryptocurrencies, he's researching the latest personal finance software. 1 minute read

The latest report from has revealed a sharp increase in the number of people with master’s degrees from 11.9 percent in 2017 to 12.6 percent in 2019. Business, science, engineering, healthcare, education, and social services have been the areas of greatest growth. With this in mind, it’s clear that the demand for master’s-level professionals is only set to increase in the coming years.

Data science is one of the fields that is expected to experience the most growth, as companies collect and analyze larger datasets than ever before. Professionals with a master’s degree in data science are highly sought after for their expertise in collecting, analyzing, and interpreting data for strategic decision-making.

The healthcare industry is another area that is likely to be a major growth area for masters-level professionals in the coming years. With an aging population, there is an increasing demand for healthcare professionals who have a higher level of knowledge. A master’s degree in a healthcare-related field, such as nursing, public health, or health administration, can open up many valuable career opportunities.

Given these trends, now is an ideal time for those considering a career in data science or healthcare to take advantage of the growing demand for masters-level professionals. Further information can be found in’s full report available here.

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