Master’s in Psychology Jobs Abroad: Country-wise Salaries & Payback Period
Psychology is an interdisciplinary subject that deals with the study of mind and behaviour. A well-trained psychologist assesses, diagnoses, and treats the individuals’ mental health and emotional issues. They also conduct research and provide counselling to help society flourish in a peaceful atmosphere.
In recent years, the scope of the subject has widened because of the growing demand for physiologists at schools, colleges, offices, hospitals, government institutions, etc. In this blog, you will learn about master’s in psychology jobs and salaries abroad, top recruiters, and payback periods.
Top Reasons to Pursue Psychology Jobs
Below are the top reasons for pursuing a psychology job after completing a master’s in psychology course abroad.
Increase in Employment Opportunities: According to the US Bureau of Labour Statistics, there will be a 10% increase in employment opportunities for psychologists by 2031.
High Earning Potential: The median annual wage of the psychologist is around USD 113,250, or INR 94 lakh per year. The salary also increases as the professional psychologist gains more experience and skills.
Research Opportunities: In addition to pursuing direct employment opportunities, psychologist graduates can be involved in research work at different hospitals, labs, and think tanks, which allows them to gain more expertise in the subject.
Top 5 Master’s in Psychology Jobs Abroad
Here, we have tabulated the top 5 M.Sc in Psychology jobs abroad, along with their descriptions and average annual salaries.
| Job Posts | Description | Average Salary (Per Year) |
|---|---|---|
| Clinical Psychologist | Engaged in therapy and mental health counselling | INR 40 Lakh-1 Crore |
| Counsellor | Expert in providing emotional, social, and psychological guidance | INR 30 Lakh-1 Crore |
| Sports Psychologist | Involved in providing mental health care to sports athletes | INR 45 Lakh-70 Lakh |
| Educational Psychologist | Engaged in providing healthcare support to students in academic settings | INR 50 Lakh-90 Lakh |
| Forensic Psychologist | Involve in solving criminal cases by applying psychological principles | INR 72 Lakh-1 Crore |
Master’s in Psychology Jobs: Country-wise Analysis
Indian students who have completed their MS or M.Sc in Psychology abroad can find employment opportunities at academic institutions, research institutions, industries, hospitals, etc. Below, we have provided the top psychology jobs and their salaries in countries like the USA, UK, Canada, Australia, and the rest of Europe.
United States of America (USA)
Below, we have tabulated the top psychology jobs in the USA and their average salary. The top recruiters are Deloitte, McKinsey & Company, Google, Mayo Clinic, Cleveland Clinic, etc.
| Job Post | Average Salary (Per Year) |
|---|---|
| Clinical Psychologist | USD 84,000-200,000 (INR 70 Lakh-1 Crore) |
| Counselling Psychologist | USD 86,000-200,000 (INR 72 Lakh-1 Crore) |
| School Psychologist | USD 78,000-100,000 (INR 65 Lakh-83 Lakh) |
| Health Psychologist | USD 73,000-100,000 (INR 61 Lakh-83 Lakh) |
| Forensic Psychologist | USD 86,000-200,000 (INR 72 Lakh-1 Crore) |
United Kingdom (UK)
Below, we have tabulated the top psychology jobs in the UK and their average salary. The top recruiters are NHS, independent mental health clinics, counselling centres, Minds, Deloitte, etc.
| Job Post | Average Salary (Per Year) |
|---|---|
| Assistant Psychologist | GBP 24,000-28,000 (INR 26 Lakh-31 Lakh) |
| Clinical Psychologist | GBP 48,000-64,000 (INR 53 Lakh-71 Lakh) |
| Sports Psychologist | GBP 38,000-61,000 (INR 42 Lakh-68 Lakh) |
| Educational Psychologist | GBP 47,000-61,000 (INR 52 Lakh-68 Lakh) |
| Health Psychologist | GBP 38,000-61,000 (INR 42 Lakh-68 Lakh) |
Canada
We have tabulated below the top psychology jobs in Canada and their average salary. The top recruiters are Ontario Health, Alberta Health Services, Deloitte, Amazon, and the Mental Health Commission of Canada.
| Job Post | Average Salary (Per Year) |
|---|---|
| Counsellor | CAD 54,000-86,000 (INR 33 Lakh-53 Lakh) |
| Clinical Psychologist | CAD 100,000 (INR 61 Lakh) |
| Organisational Psychologist | CAD 80,000-100,000 (INR 49 Lakh-61 Lakh) |
| Forensic Psychologist | CAD 95,000-100,000 (INR 58 Lakh-61 Lakh) |
| Health Psychologist | CAD 95,000-100,000 (INR 58 Lakh-40 Lakh) |
Australia
Below, we have tabulated some of the top M.Sc in Psychology jobs in Australia and their average annual salary. The top recruiters are NSW Health, PwC, Deloitte, Commonwealth Bank, the Australian Department of Health, etc.
| Job Post | Average Salary (Per Year) |
|---|---|
| Sports Psychologist | AUD 97,000-100,000 (INR 56 Lakh-69 Lakh) |
| Clinical Psychologist | AUD 97,000-100,000 (INR 46 Lakh-75 Lakh) |
| Health Psychologist | AUD 46,000-63,000 (INR 43 Lakh-58 Lakh) |
| Organisational Psychologist | AUD 70,000-400,000 (INR 40 Lakh-2 Crore) |
| Educational Psychologist | AUD 90,000-150,000 (INR 52 Lakh-86 Lakh) |
Rest of Europe
Below are master’s in psychology job opportunities in European countries like Ireland, Switzerland, Austria, Italy, and Spain. The top recruiters are ETH Zurich, HUG, Federal Public Service for Health, Austrian Institute of Psychology, Jigsaw, Aware, etc.
| Job Post | Average Salary (Per Year) |
|---|---|
| Clinical Psychologist | EUR 54,000-76,000 (INR 50 Lakh-70 Lakh) |
| Health Psychologist | EUR 45,000-57,000 (INR 41 Lakh-53 Lakh) |
| Social Psychologist | EUR 52,000-67,000 (INR 48 Lakh-62 Lakh) |
| Organisational Psychologist | EUR 39,000-42,000 (INR 36 Lakh-39 Lakh) |
| Industrial Psychologist | EUR 54,000-70,000 (INR 50 Lakh-65 Lakh) |
Psychology Jobs Abroad: Experience-wise Salary Distribution
Below, we have provided a general overview of the salary distribution of Master’s in Psychology jobs abroad, arranged by experience.
| Years of Experience | Average Salary (Per Year) |
|---|---|
| 1-3 | INR 33 Lakh-50 Lakh |
| 3-5 | INR 50 Lakh-75 Lakh |
| 5-10 | INR 75 Lakh-90 Lakh |
| 10+ | INR 90 Lakh |
Psychology Job Opportunities Abroad: Payback Period
The amount of time students are estimated to recover their total investment of tuition fees and living expenses is called the payback period. We have calculated the estimated payback period for several countries using the following formula:
Payback Period = Initial Investment/Annual Net Salary
It is important to note that the below calculations are only for illustration purposes and are not meant to guarantee salary/jobs. You can use our method to calculate your estimated payback period based on your experience and country of choice.
| USA | UK | Canada | Australia | Rest of Europe | |
|---|---|---|---|---|---|
| Annual Living Expenses (B) | USD 24 k-55 k | GBP 20 k-42 k | CAD 18 k-35 k | 25 k-50 k | EUR 4 k-25 k |
| AnnualTuition Fees (A) | USD 15-29 k | GBP 10 k-18 k | CAD 15 k-30 k | AUD 20 k-35 k | EUR 10 k-15 k |
| Course Duration (C) | 2 Years | 1 Year | 2 Years | 2 Years | 2 Years |
| Total Investment [(A+B)xC] | USD 78 k-110 k | GBP 30 k-60 k | CAD 66 k-130 k | AUD 45 k-170 k | EUR 28 k-80 k |
| Annual Salary | USD 60 k-200 k | GBP 25 k-70 k | CAD 50 k-100 k | AUD 45 k-400 k | EUR 40 k-70 k |
| Net Salary (Annual Salary-Living Expenses) | USD 45 k-171 k | GBP 15 k- 52 k | CAD 35 k-70 k | AUD 25 k-365 k | EUR 30 k-55 k |
| Payback Period/ROI | 1-2 Years | 2 Years | 2 Years | 1 Year | 1.5 Years |
Conclusion
Psychologists provide mental, emotional, and social healthcare to people of all ages. They are primarily involved in improving the quality of life. Their services include counselling, therapy, medications, career and relationship guidance, and life wellness programs. After the COVID-19 pandemic, the field of psychological sciences has gained momentum, leading to employment opportunities in fields such as clinical psychology, health psychology, social psychology, and industrial psychology.
FAQs
What career paths are available in psychology?
A master’s or doctoral degree in psychology can open the door to academic, research, and professional opportunities. In the academic and research domains, graduates can become part of the faculty team to conduct teaching and research work, whereas, in the professional domain, they can pursue jobs like counsellors, wellness coaches, community psychologists, health psychologists, etc.
What high-paying jobs are available in the field of psychology?
A psychology graduate can pursue jobs as a sports psychologist, health psychologist, community psychologist, clinical psychologist, or social and organisational psychologist in hospitals, labs, or wellness centres.
What is the average salary range after completing a Master’s in Psychology?
The average salary for psychology graduates can range from INR 40 Lakh-1 to 1 crore per year, depending on the country, job role, experience, skillsets, etc.
Is psychology a demanding career?
Psychology is a demanding career nowadays for several reasons, including growing public awareness about mental and emotional health, diverse job opportunities, options to work in different settings, and the scope for research and development.
What is the eligibility to pursue a psychology degree abroad?
The basic requirement is to have a first-class/first-class honours degree in psychology/psychiatry and its related course from a government-recognised university. For more detailed information and specific guidance, you can contact AdmitX.
If you are an aspirant looking to study at your dream university, book an appointment with AdmitX today and start your applications early to avail yourself of all the benefits.
