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Will there be any jobs available for me if don't complete my doctorate in psychology and only masters?

I personally want to complete my master's in psychology and not doctorate....but I'm not quite sure if there is a scope for the job if I do. Also, I'm a bit concerned about the pay too! Would really appreciate your help on this. #psychology #counseling

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Veronika’s Answer

Hi, Mrunal. It is pleasure to meet you. The decision to pursue graduate degree is not straightforward, and may require some time to decide on your career goals. The issue of payment is equally important in both cases, as many PhD holders struggle to find well-paid job placements. Don't let me be misunderstood, compensation and benefits are components of any job, yet, there are other things that you search for: team, career advancement, autonomy, women participation in laborforce, etc.
I would agree to Devin's response, that is easier to start with personal interests and ambitions. Currently, I am MA holder, and from my personal experience I could name such positions as a researcher, counselor, coacher/trainer, HR specialist, NGO officer. All of them required at least graduate degree, and more advanced organizations demanded postgraduate diplomas. So, it varies case by case, and you may look through job requirements of the preferred companies/institutions.
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Kartik’s Answer

Hey Mrunal,

Assuming you are from India too , there is great scope of finding work with masters in psychology. Though in reality , people do often ask for experience even from freshers . starting salary is descent but can increase with more experience.
MPhil in clinical psychology has higher earning potential while PhD will generally help you to go into more academic domain.
Personally I think it is also about how you connect with people and eventually things falls in the right place. In the time when people find hard to get one descent job my friend work at 3 different places with masters. It is not just his skills but also how he connected with people.
If you stick to what you want to do for long enough ways will unlock in magical ways
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mark’s Answer

Hi, Mrunal,

I think that Veronika and Devin provided some great thoughts and suggestions for you to consider. I was in a private practice for over 20 years as a Master's level licensed counselor and will tell you that while it is not easy, it can be very rewarding. The amount of money you can make varies by how many clients you would like to work with and what types of services you provide. Working with insurance companies to any degree or not at all will also influence earning potential. I would also suggest looking into careers with social services organizations and government as well. Many are looking for Master's level counselors to fill job vacancies in a variety of areas. Always be sure to research licensing requirements for the state or country in which you wish to be employed. Most of all, I advise doing something you WANT to do, and weigh that along with earning potential when choosing a job.

Best of luck to you. I hope you found some of this helpful.

Mark V.
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Devin’s Answer

Mrunal nice to meet you and congrats on your Masters! You should be extremely proud and there will always be space in this world to go back to school if you choose later on.

Different fields and countries may have different requirements as to the level of education required to access certain jobs. My suggestion would be to get really clear on where/what type of role you'd like to enter into. Then, you can start assessing whether that is going to fit your lifestyle, education requirements, and salary.

Also, I would look into what it might take to start your own practice. You'd be surprised (given the pandemic) how many people are in need of counseling and help. And with the help of technology, you could start your practice online possibly?

Hope this was helpful.
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