Best Online Degrees to Make Money: Top 9 Programs That Pays
Do you want to earn a degree online and make money in the future? Do you want to advance your career with any of the best online degrees to make money or start a new one without leaving your home? Do you want to save time and money on tuition, transportation, and accommodation?
If you answered yes to any of these questions, then you need to read this article. In this article, I’ll show you the best online degrees to make money in 2024. These are the top 9 programs that pay off in terms of salary, demand, and satisfaction.
Online degrees are becoming more popular and accessible than ever before. You can study from anywhere, anytime, and at your own pace. You can also choose from a variety of programs and disciplines, from business and engineering to health and education.
However, not all online degrees are created equal. Some are more valuable and profitable than others. Some are more relevant and marketable than others. Some are more enjoyable and fulfilling than others.
That’s why I’ve done the research and analysis for you. I’ve looked at the data and statistics from sources like the U.S. Bureau of Labor Statistics, PayScale, Glassdoor, and U.S. News & World Report.
I’ve also considered factors like the cost, duration, accreditation, and flexibility of the programs.
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Top 9 Best Online Degrees to Make Money
Based on these criteria, I’ve ranked the best online degrees to make money in 2024. Here they are:
1. Online Bachelor’s Degree in Accounting
Accounting is the language of business. It is the process of recording, analyzing, and communicating financial information. Accountants help businesses and individuals manage their finances, taxes, and audits. An accounting degree is one of the best online degrees to make money.
An online bachelor’s degree in accounting can prepare you for a career as an accountant, auditor, financial analyst, or tax specialist. Another reason it is one of the best online degrees to make money is that you can also pursue certifications like the Certified Public Accountant (CPA), Certified Management Accountant (CMA), or Certified Internal Auditor (CIA).
According to the U.S. Bureau of Labor Statistics, the median annual wage for accountants and auditors was $78,000 in May 2022. The projected job growth for this occupation was 4% from 2020 to 2030, which is about as fast as the average for all occupations.
An online bachelor’s degree in accounting typically takes four years to complete and costs around $40,000. Some of the best online schools for accounting are:
- University of Alabama at Birmingham
- Colorado State University Global
- Penn State World Campus
- University of Massachusetts Amherst
- Arizona State University
2. Online Master’s Degree in Computer Science
Computer science is the study of computation and its applications. It is the foundation of many fields and industries, such as software engineering, artificial intelligence, data science, cybersecurity, and gaming. A master’s degree in Computer Science is an intelligent move because M.Comp. is one of the best online degrees to make money.
A degree in computer science is one of the best online degrees to make money because an online master’s degree in computer science can enhance your skills and knowledge in areas like programming, algorithms, data structures, databases, networks, and systems. You can also specialize in topics like machine learning, computer vision, natural language processing, or blockchain.
According to PayScale, the average salary for a master’s degree in computer science was $102,000 in 2021. The demand for computer and information technology occupations was expected to grow 11% from 2019 to 2029, which is much faster than the average for all occupations.
An online master’s degree in computer science usually takes two years to complete and costs around $30,000. Some of the best online schools for computer science are:
- Georgia Institute of Technology
- University of Illinois at Urbana-Champaign
- University of Texas at Austin
- Columbia University
- Stanford University
3. Online Bachelor’s Degree in Nursing
Nursing is the practice of providing care and support to patients and communities. Nurses work in various settings, such as hospitals, clinics, schools, and homes. Nurses also play a vital role in health promotion, prevention, and education. Nursing is also one of the best online degrees to make money.
An online bachelor’s degree in nursing is indeed one of the best online degrees to make money because can prepare you for a career as a registered nurse (RN), who is licensed to provide direct patient care. You can also pursue advanced practice roles, such as nurse practitioner (NP), nurse anesthetist (CRNA), or nurse midwife (CNM).
According to the U.S. Bureau of Labor Statistics, the median annual wage for registered nurses was $75,330 in 2020. The projected job growth for this occupation was 7% from 2019 to 2029, which is faster than the average for all occupations.
An online bachelor’s degree in nursing typically takes three to four years to complete and costs around $50,000. Some of the best online schools for nursing are:
- University of Florida
- Ohio State University
- University of Wisconsin-Madison
- University of Michigan
- University of Washington
4. Online Master’s Degree in Education
A Master’s degree in Education is next on our list of the best online degrees to make money. Education is the process of facilitating learning and development. It is the key to personal and social growth, as well as economic and civic participation. Educators help students acquire knowledge, skills, values, and attitudes.
An online master’s degree in education is one of the best online degrees to make money as it can prepare you for a career as a teacher, administrator, counselor, or researcher. You can also specialize in areas like curriculum and instruction, educational leadership, special education, or instructional technology.
According to PayScale, the average salary for a master’s degree in education was $60,000 in 2021. The demand for education, training, and library occupations was expected to grow 5% from 2019 to 2029, which is faster than the average for all occupations.
An online master’s degree in education usually takes one to two years to complete and costs around $20,000. Some of the best online schools for education are:
- University of Southern California
- Johns Hopkins University
- University of Pennsylvania
- Vanderbilt University
- Harvard University
5. Online Bachelor’s Degree in Marketing
Marketing is the process of creating, delivering, and exchanging value for customers and stakeholders. It is the art and science of understanding, attracting, and satisfying customers. Marketers help businesses and organizations communicate, promote, and sell their products and services.
An online bachelor’s degree in marketing is one of the best online degrees to make money because it can prepare you for a career as a marketing manager, market research analyst, advertising specialist, or social media coordinator. You can also learn about topics like consumer behavior, branding, digital marketing, and analytics.
According to the U.S. Bureau of Labor Statistics, the median annual wage for marketing managers was $138,730 in 2022. The projected job growth for this occupation was 6% from 2022 to 2032, which is faster than the average for all occupations.
An online bachelor’s degree in marketing typically takes four years to complete and costs around $40,000. Some of the best online schools for marketing are:
- University of Minnesota
- Indiana University
- Oregon State University
- Florida International University
- University of Maryland
6. Online Master’s Degree in Psychology
Psychology is the study of human behavior and mental processes. It is the science of how people think, feel, act, and interact. Psychologists help individuals and groups cope with problems, improve well-being, and achieve goals.
An online master’s degree in psychology is one of the best online degrees to make money as it can prepare you for a career as a psychologist, counselor, therapist, or consultant. You can also specialize in areas like clinical psychology, counseling psychology, industrial-organizational psychology, or forensic psychology.
According to PayScale, the average salary for a master’s degree in psychology was $65,000 in 2021. The demand for psychologists was expected to grow by 3% from 2019 to 2029, which is as fast as the average for all occupations.
An online master’s degree in psychology usually takes two years to complete and costs around $25,000. Some of the best online schools for psychology are:
- University of Southern California
- Pepperdine University
- Arizona State University
- Purdue University
- University of North Dakota
7. Online Master’s Degree in Engineering
Engineering is the application of science, mathematics, and technology to solve problems and design solutions. It is the discipline of creating, building, and improving systems, structures, and products. Engineers help innovate, optimize, and enhance the quality of life. Engineering is one of the best online degrees to make money.
An online master’s degree in engineering is one of the best online degrees to make money because it can prepare you for a career as an engineer, manager, or leader in various fields and industries, such as aerospace, civil, electrical, mechanical, or biomedical. You can also specialize in topics like robotics, artificial intelligence, renewable energy, or nanotechnology.
According to PayScale, the average salary for a master’s degree in engineering was $88,000 in 2021. The demand for engineers was expected to grow by 3% from 2019 to 2029, which is as fast as the average for all occupations.
An online master’s degree in engineering usually takes one to two years to complete and costs around $35,000. Some of the best online schools for engineering are:
- Massachusetts Institute of Technology
- Stanford University
- University of California, Berkeley
- Georgia Institute of Technology
- Purdue University
8. Online Bachelor’s Degree in Computer Science
Computer science is the study of computation and its applications. It is the foundation of many fields and industries, such as software engineering, artificial intelligence, data science, cybersecurity, and gaming. A BComp degree is known worldwide as one of the best online degrees to make money.
An online bachelor’s degree in computer science can prepare you for a career as a software developer, software engineer, web developer, or data analyst. It is one of the best online degrees to make money because can also learn about topics like programming, algorithms, data structures, databases, networks, and systems.
According to the U.S. Bureau of Labor Statistics, the median annual wage for software developers was $110,140 in 2020. The projected job growth for this occupation was 22% from 2019 to 2029, which is much faster than the average for all occupations.
An online bachelor’s degree in computer science typically takes four years to complete and costs around $40,000. Some of the best online schools for computer science are:
- University of Florida
- Oregon State University
- University of Illinois at Springfield
- Florida State University
- University of Maryland Global Campus
9. Online Master’s Degree in Business Administration
Business administration is the management of the operations and functions of a business or organization. It is the application of principles and practices to achieve goals and objectives. Business administrators help plan, organize, direct, and control the resources and activities of a business or organization. Business Administration and Management is one of the best online degrees to make money.
An online master’s degree in business administration (MBA) is one of the best online degrees to make money because it can prepare you for a career as a business executive, manager, consultant, or entrepreneur. You can also learn about topics like accounting, finance, marketing, management, and strategy.
According to PayScale, the average salary for an MBA degree was $87,000 in 2021. The demand for management occupations was expected to grow 5% from 2019 to 2029, which is faster than the average for all occupations.
An online MBA degree usually takes two years to complete and costs around $50,000. Some of the best online schools for an MBA are:
- University of North Carolina at Chapel Hill
- Carnegie Mellon University
- University of Southern California
- Indiana University
- University of Texas at Dallas
The cost of studying in any of these universities is on the high side. You would most likely need more money to complete your studies in any of these schools. So I present to you, over 7 proven ways to earn from home.
