Masters of Nursing Average Salary

Earning a master’s degree in nursing allows you to not only work in higher-level jobs, but it also allows you to make more money. With a master’s degree, you can become an advanced practice nurse (APN) and earn a significant amount more than you can as an RN with just an associate’s degree or bachelor’s degree. The degree track is for nurses who are interested in taking their career to the next level. This means advanced nursing positions, working in education, or taking on management roles within the medical community. Each one of these options comes with its own salary track. Let’s take a look at what you can expect to earn in the nursing field with an advanced degree.

Degree by Type of Nurse

There are four main types of nursing paths from which to choose if you’re interested in becoming an APN and getting your masters of nursing:

  1. If you want to work in a clinical setting with patients, you can become a nurse practitioner. This position resembles closely to what a general practice doctor would do, though you don’t have as much education and training. But because of the lack of general practice doctors, nurse practitioners are in high demand. With this advanced degree, you will work under the supervision of a doctor or on your own seeing patients from beginning to end of patient care. Depending on the state, some NPs can prescribe medication as well.
  2. Those interested in research, teaching, and management can pursue the clinical nurse specialist. This role allows nurses to not only provide complete patient care, but they also work with nurses, mentoring them and coming up with ways that they can improve patient care and nursing care.
  3. A certified nurse midwife is a professional who takes on both the role of a nurse and a midwife. Not only do they serve as primary health providers, but they mostly deal with women going through childbirth. Certified nurse midwives are able to prescribe some medications, treatments, and more in all 50 states.
  4. If you are interested in anesthesia, then an advanced nursing degree can also prepare you for the role of a certified nurse anesthetist. This position requires nurses to pass board certification and to get recertified every two years.

If you are interested in pursuing one of these advanced nursing paths, here are the average salaries you can expect, based on the type of nurse you become. Remember that there are many factors that can affect your salary. And the more experience you have in your respective field, the more money you can expect to make.

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

Salary by Specialty

As you can see, becoming certified in the midwife or anesthetist fields is one way to make more money with your masters of nursing. As a nurse practitioner or clinical nurse specialist, you can also make more money by choosing a specialty where there’s a higher demand for nurses. In fields such as emergency/critical care, neonatal intensive care, and geriatrics, you can expect to make more money in many areas of the United States.

Travel Nursing

You can also make more money by working as a travel nurse. In some cases, travel nurses make up to double of their normal salaries. In this situation, you’ll work within a large network of hospitals and other facilities, moving from job to job in temporary positions as needed. The plus side is that you’ll be offered the higher salary, but in this type of position, you may be living in a location for as little as four weeks and although you might have a “home base,” you’ll rarely stay in a location for over a year. So, this option works best for someone without family obligations, who has the freedom to move frequently.

Online Master’s in Nursing Degree Programs

Earning a Master of Science in nursing (MSN) degree can open a world of career possibilities within the nursing profession. Listed below are featured online universities that confer MSN degrees.

Grand Canyon University
MSN in Nurse Leadership
MSN/MBA in Leadership
Grand Canyon University — The MSN/MBA dual degree from Grand Canyon University will prepare people to become leaders and managers of nurses. A MSN in Nurse Education provides students the educational and background to teach people the skills necessary to become nurses. A MSN in Nurse Leadership provides the communication skills required to establish good relationships between nurses, patients, and management as well as other leadership skills. Click Here
South University
MSN in Adult Health Practitioner
MSN in Family Nurse Practitioner
MSN in Nurse Educator
South University — The MSN from South University is for registered nurses seeking to advance their career. The accelerated RN to MSN program is designed for professional seeking to enhance their professions. With this program you will go through an intense course of study that will get you ready for leadership positions in the healthcare industry. A MSN in Nurse Education will help you develop the skills needed to shape the future of healthcare through your input and expertise. Click Here
Walden University
RN to MSN in Education
RN to MSN in Informatics
RN to MSN in Leadership and Management
Walden University — The RN to MSN program at Walden University will help you advance your leadership skills and prepare you for management within the healthcare industry. The RN to MSN program will allow you to expand on your ability to positively contribute to society through the care you give to patients. Specialty MSN degrees are also available in informatics, education, and leadership. Click Here
Simmons College
RN to MSN in Family Nurse Practitioner
Simmons College — Simmons College is a highly-rated leader in online education with years of providing excellent service to its students and alumni. Simmons is dedicated to empowering its graduates to fill and succeed in high demand positions in the nursing industry through career-oriented material, hands-on assignments, and developing skills needed for primary and secondary responsibilities. Simmons has many an MSN degree in Family Nurse Practice available online. Click Here
Jacksonville University
RN to MSN
RN to BSN
Jacksonville University — An RN to MSN degree from Jacksonville University prepares candidates to work at a variety of settings, including nursing homes, hospitals, and residences. Students will learn the theory and research behind nursing. Your education at this school will give you a hands-on experience caring for patients and give you a realistic view of what it is like to stand in front of a class of future nurses and health care. Click Here

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