The Psychology Profession * Occupations today require a college educated individual who can Write & speak well Solve problems Learn new information quickly Work well with others on a team * College graduates use their education in a wide variety of fields. * Your future career may relate more to your work values, transferable skills, or personal career interests than any specific academic major. The Psychology Profession - Significant Points * About 4 out of 10 psychologists are self-employed, compared with less than 1 out of 10 among all professional workers. * Most specialists, including clinical & counseling psychologists, need a doctoral degree. * School psychologists need an educational specialist degree. * Industrial-organizational psychologists need a masters degree. * Competition for admission to graduate psychology programs is keen. Some programs require a Bachelor's degree in Psychology. * Overall employment of psychologists is expected to grow faster than the average for all occupations through 2014. Psychologists Earnings * Median annual earnings of wage & salary clinical, counseling, & school psychologists in 2004 were $54,950. The middle 50% earned between $41,850 & $71,880. The lowest 10% earned less than $32,280, & the highest 10% earned more than $92,250. * Median annual earnings in the industries employing the largest numbers of clinical, counseling, & school psychologists in 2004 were: Offices of other health care practitioners: $64,000 Elementary & secondary schools: $58,360 Outpatient care centers: $46,850 Individual & family services: $42,640 * Median annual earnings of wage & salary industrial-organizational psychologists in 2004 were $71,400. The middle 50% earned between $56,880 & $93,210. The lowest 10& earned less than $45,620, & the highest 10% earned more than $125,560. * Psychologists - Job Outlook * Very few opportunities directly related to psychology will exist for bachelors degree holders. Some may find jobs as assistants in rehabilitation centers, or in other jobs involving data collection & analysis. Those who meet State certification requirements may become high school psychology teachers. * A bachelors degree in psychology qualifies a person to assist psychologists & other professionals in community mental health centers, vocational rehabilitation offices, & correctional programs. * Bachelors degree holders may work as research or administrative assistants for psychologists. Some work as technicians in related fields, such as marketing research. Many find employment in other areas, such as sales or business management. * Opportunities for people holding doctorates from leading universities in areas with an applied emphasis, such as clinical, counseling, health, & educational psychology, should have particularly good prospects. * Psychologists with extensive training in quantitative research methods & computer science may have a competitive edge over applicants without this background. Working Conditions * A psychologists subfield & place of employment determine his or her working conditions. Clinical, school, & counseling psychologists in private practice have their own offices & set their own hours. However, they often offer evening & weekend hours to accommodate their clients. * Those employed in hospitals, nursing homes, & other health care facilities may work shifts that include evenings and weekends, while those who work in schools & clinics generally work regular hours. * Psychologists employed as faculty by colleges & universities divide their time between teaching & research & also may have administrative responsibilities; many have part-time consulting practices. * Most psychologists in government & industry have structured schedules. * Increasingly, many psychologists are working as part of a team, consulting with other psychologists & professionals. Many experience pressures because of deadlines, tight schedules, & overtime. Their routine may be interrupted frequently. Travel may be required in order to attend conferences or conduct research. Related Skills for Psychology Majors: Interpersonal Communication (oral & written) Engage in Ethical Practice Knowledge of Human Development & Behavior Problem Solving Able to Observe, Analyze, & Interpret Information Decision Making Concern for & Sensitivity to Others Interviewing Techniques Critical & Inferential Thinking Good Listener Insight to Deal Effectively with People Able to Promote Healthy Relationships Ability to Resolve or Mediate Conflicts Understanding of Group Dynamics Related Career Titles for Psychology Majors Crisis Intervention Counselor Probation Officer Activity Leader Professional Employment Recruiter Advertising Labor Relations Specialist Art Therapist Customer Service Marketing/Sales Manager Media Buyer Public Opinion Surveyor Public Relations College Student Affairs Labor Relations Manager Mental Health Coordinator Recreation Specialist Community & Social Service Worker Employment Agency Counselor Community Relations Director Sales Representative Community Relations Rep Social Service Administrator Copywriter Occupational Therapist Operations Manager Correctional Caseworker Teacher Health Educator Personnel Interviewer Citation: Bureau of Labor Statistics, U.S. Department of Labor, Occupational Outlook Handbook, 2006-07 Edition, Psychologists, on the Internet at http://www.bls.gov/oco/ocos056.htm (visited October 18, 2006).