What Can You Expect to Earn as a Medical Technologist With a Master’s Degree?What is the mean medical technologist salary with a masters degree? How much can you expect to earn with a medical technologist master’s degree? If you are in your last year of school, or are just worried about the upcoming years after graduation, this article should be helpful.
A career as a medical technologist can be lucrative, with the average annual salary of $53,000. However, if you have a master’s degree in medical technology, you can expect to earn even more.
According to the U.S. Bureau of Labor Statistics (BLS), the median annual wage for medical and clinical laboratory technologists and technicians was $55,230 in 2016. Medical laboratory technicians earned an average of $42,410 per year and medical laboratory technologists made $60,610 per year on average during that time frame.
Additionally, the BLS projects that there will be a need for more than 103,000 new jobs between 2014 and 2024—an increase of 23%. This is due in part to the aging population and advances in medicine that require more sophisticated diagnostic testing than ever before.
If you decide to pursue your education at the master’s level, it’s important to know that there is little difference between undergraduate and graduate degrees when it comes to salary potential; however, there are some differences as far as job opportunities go. For example: An individual with an undergraduate degree may find themselves working as a phlebotomist or technician while someone with a graduate degree might find themselves working in research or teaching positions instead
Medical technologist salary with masters degree
Medical technologists are an integral part of the healthcare system. They help diagnose and treat patients through the use of technology, assisting in a wide variety of medical fields.
Master of Science in Medical Technology (MSMT)
The Medical Technologist (MT) master’s degree is a 2-year program. The program may be offered at over 200 colleges and universities, including some community colleges. Some programs are offered at for-profit colleges as well as public and private institutions.
Master of Health Sciences in Clinical Laboratory Sciences (MHS CLS)
The Master of Health Sciences in Clinical Laboratory Sciences (MHS CLS) is a program offered by several schools, each with its own degree name. The program is designed to prepare students for clinical laboratory management, which can include many different areas of specialization. For example, the University of Alabama at Birmingham offers an MHS CLS degree with a concentration in medical technology management; the University of Massachusetts offers an MHS CLS that prepares students for careers as clinical lab managers.
Students who successfully complete this type of master’s degree program will be prepared to enter into the workforce in a variety of settings: hospitals, clinics and other healthcare facilities that employ medical technologists or other types of health care professionals.
Master of Science in Clinical Laboratory Management (MSCLM)
The MSCLM degree is a one-year program designed to prepare students for leadership roles in clinical pathology and laboratory management. Students will learn how to manage the personnel, resources, and operations of clinical laboratories at hospitals and health care facilities.
The requirements for the program include:
- Bachelor’s degree in any field
- CPT or ASCP certification as a medical technologist (MT) or cytotechnologist (CT)
- Proof of completion of MT/CT recertification exams within 6 months prior to application date
With a masters degree, you can increase your income as a medical technologist.
If you have a bachelor’s degree, earning a master’s degree can be a great way to increase your income as a medical technologist. A 2009 report published by the BLS found that medical technologists with master’s degrees earned $24.15 per hour on average, compared with $20.05 for those with bachelors degrees and $18.87 for those without any formal education in the field.
With additional experience comes more responsibility and leadership opportunities within each hospital unit where you work, which can lead to raises or promotions within time—and even better pay!
In conclusion, medical technologist salary with master’s degree is possible as long as you have the skills and experience necessary. You may want to consider getting a master’s degree if you are looking for job security or advancement opportunities.
These are just some of my recommendations for those who want to become medical technologists. If you have any questions about the information I provided here, please feel free to ask me in the comments below!