17 Best Careers Worth Going Back to School for at 40
Making a career switch is no easy decision, especially when considering the change at 40 or older. You might be wondering which careers are really worth going back to school for at this stage in your career and if the time (and money) spent seeking a degree or certification is worth the payoff.
Luckily, there are several fields worth the mid-career return to school whether income, job security, happiness, or fulfillment at work is your focus for making the switch.
To help you get started, we’ve rounded up 17 careers across 6 fields with help from the Bureau of Labor Statistics that are absolutely worth the investment of returning to school.((Bureau of Labor Statistics: Careers in different fields))
1. Registered Nurse
With a stable and constant projected growth and a median salary of $70,000 per year,((Occupational Outlook Handbook: Registered Nurse)) nursing is a secure career choice worth returning to school for.
To succeed in this field, expect to provide care, education, and support to patients with varying medical needs within hospitals, physician’s offices, and/or through home care.
Time in school: Two to four years.
Nursing students can shoot for an associate’s degree in nursing (2 years), a nursing-school specific diploma (time varies), or a Bachelor of Science degree in nursing (4 years).
2. Medical Administrative Assistant
If you prefer to work in the medical field without direct contact with patients, then a career as a medical secretary may suit you well. The median salary of these professionals is around $34,610 per year.
Medical secretaries do more than just set appointments. Often, this role also handles medical reports, billing, and creating medical charts. Successful candidates for this position will need a strong grasp on clerical skills as well as basic medical knowledge of terminology, technology, and procedures.
Time in school: Around two years.
While entry-level positions may be offered to those with only a high-school diploma, taking specific training can help an aspiring medical administrative assistant land a position faster.
Many community colleges and technical schools offer programs specific to medical administrative duties, where students learn the basics of administrative work, as well as the specific medical technology they will need to succeed in their roles.
3. Physical Therapist
Another fantastic option within the Healthcare field, physical therapists can earn a median salary of around $86,850 per year. A successful Physical Therapist will help patients manage pain and improve physical movement due to injuries, illnesses, and after procedures.
Time in school: Around seven years
To become a physical therapist, you will need to earn a doctorate in physical therapy (3 years) in addition to a Bachelor of Science Degree (4 years). If you’re just starting fresh with no prior college education, many degree programs offer a 6-year degree program to complete all requirements from start to finish.
While on the longer end of time from starting education to completion, the job satisfaction and salaries reported by America’s physical therapists make this career well worth the wait.((Bureau of Labor Statistics: America’s physical therapists))
4. Software Developer
The tech industry won’t be slowing down anytime soon. In fact, as tech continues to take over the workforce, this career is a secure, safe, and even lucrative choice when considering a career switch.
The median salary for a software developer is currently around $103,560 per year. To earn that salary, expect to be creating programs for devices such as computers, smartphones, tablets, and more!
Time in school: Expect to be in school for about four years.
Successful software developers often earn a Bachelor of Science degree in either computer science or software engineering. If you have an associate’s degree, you may be able to complete a Bachelor of Science degree program in as little as two years.
5. Web Developer
A web developer is just as it sounds—a professional who designs websites from start to finish for a median salary of around $67,990 per year. Web developers can work as part of a design or marketing agency, work as freelancers, or even start their own businesses creating websites for other businesses and professionals.
Time in school: Two to four years.
Web developers need to be well-versed in both coding and graphic design, as they often create both the back-end and the front-end of a website themselves. due to this balance of skills, there are actually many routes one can take to jump-start a career in web development.
An associates degree or a four-year degree in web design is highly common in this field, but a mix of graphic design and coding for web courses can help start this career as well. It’s not unusual for many web developers to be completely self-taught, either, which is definitely something to consider to save time and money.
6. Information Security Analyst
With a median salary of around $95,510 per year, information security analysts help protect the information and data of their business and organization clients. These professionals are often planning and creating strategies to combat cyber-security attacks with both businesses and consumers in mind.
Additionally, information security can be a highly lucrative career when working in conjunction with the U.S. military, where those with security clearances can earn at or well above the median salary.
Time in school: Around four years.
Information security analysts typically earn a four-year Bachelor of Science degree in a tech-related field such as information assurance, computer science, and/or programming.
One thing to note: Employers often look for experience within their given niche. For example, a financial institution looking to hire an information security analyst is more likely to hire one with experience in finance technology. This is an excellent chance to make your past experience work for you, even within a new career.
Accountants (and auditors) work with financial reports, taxes, and records. Their job is to ensure all financial information, whether for a business, professional, or individual, is accurate and that taxes are paid properly and promptly. If you’re considering a career as an accountant, expect to see a median salary of $69,350 per year.
Time in school: Around four to six years.
Many auditors and accountants have a Bachelor of Science degree in accounting. Alternatively, there has been a shift in employers preferring those with a master’s degree, either in accounting or a related field in business. A bachelors degree will set you back about four years, and a masters degree about two.
8. Financial Analyst
Unlike an accountant who focuses on the taxes and records side of a business, a financial consultant often deals with stocks and investments and guides both businesses and individuals in financial decisions. The median salary for a financial analyst is $84,300, or $40.53 per hour.
Time in school: about four years
Pursuing a career as a financial analyst creates a generous amount of freedom when choosing a degree field. Typically, a four-year degree in either economics, statistics, finance, or even mathematics can be suitable for this career path. Whichever path you may choose, a wide variety of fields are open to you as more often than not, all types of businesses need the expertise of a financial analyst.
9. Elementary School Teacher
A career in teaching can be a rewarding and secure choice, as elementary school teaching positions are at an average growth rate that is predicted to stay more or less the same in future years. While starting salaries may be low for new teachers, the median salary for elementary teaching positions is $57,160.
Time in school: At least four years
In addition to a bachelors degree, elementary school teachers must also obtain a license or certification issued by the state in which they work. Expect a fair amount of continuing education to account for curriculum changes and new teaching materials over time.
10. Higher Education Professor
If you prefer to work with more mature pupils, a career in higher education can be just as rewarding as you work to help students succeed in their future careers. Additionally, the median salary for a career in higher education is considerable at $76,000 per year.
What’s more, becoming a college professor can also allow you to work from anywhere as several colleges and universities offer online degree programs for their students.
Time in school: At least two to eight years post-grad.
Most traditional four-year institutions require professors to have at least a master’s, if not a doctoral degree. Pursuing a doctoral at age 40 might seem daunting, but if you’ve previously completed a bachelor’s degree, you can easily expand this degree into a master’s or even a doctoral degree in a major related to your previous field of study.
Even if you don’t want to spend quite that much time in school, you’re still in luck—many private, state, and community colleges opt to hire higher education professors who’ve earned master’s degree with demonstrated expertise in their field.
11. Academic Success Counselor
If you desire a career in education but prefer to work outside of the classroom, then consider becoming an academic success counselor. These professionals provide guidance and support for students in higher education, helping them navigate the journey to completing their degrees.
The median salary for school counselors (or academic success counselors) is $55,410.
Time in school: About four to six years
Most schools require counselors to have a master’s degree as well as a certification or credential in school counseling. A good idea is to also specialize in career development, especially if you’re considering becoming a counselor in higher education.
If you have some previous education under your belt, like an associate’s degree, the time to complete all schooling for a career as a school counselor can take as little as four years.
12. Market Research Analyst
With a growth rate of 26% and climbing, a career as a market research analyst is a secure choice for a career change.((Bureau of Labor: Market Research Analysts)) Even better, these professionals can work in a variety of fields, as several types of organizations often need the skills of a market research analyst to run their businesses.
So just what does a market research analyst do? Typically, this position aims to study and predict trends among a target market for a specific business, helping to predict who to target for sales and how to sell to them. A career as a market research analyst earns a median salary of about $63,230 per year.
Time in school: Up to four years.
These positions typically require a bachelor’s degree in a field relating to market research. Additionally, strong analytical skills, as well as a tight grasp on mathematics, will help the aspiring market research analyst go far.
If you already have a bachelor’s degree in a similar field, but feel the need to get more education under your belt, a master’s degree in market research is always eye-catching to employers.
13. Search Engine Optimization Specialist
A relatively new career compared to the others in this roundup, search engine optimization specialists blend market research, web development, and advertising to succeed in their roles.
Simply put, they work closely with the algorithms of search engines like Google and Bing to bring traffic to their clients’ websites, where the goal of that traffic can be anything from higher views and more social media engagement to increased sales.
According to Payscale, the median salary for a search engine optimization specialist is around $55,530 per year, and the role boosts an impressive job satisfaction rate.((PayScale: Average Senior Search Engine Optimization (SEO) Specialist Salary))
Time in school: Up to four years.
Search engine optimization, or SEO, is a fast-paced and ever-changing aspect of internet marketing. As such, there aren’t degree programs specific to the role, as the teachings could change in the blink of an eye. Instead, expect to seek a degree in fields such as business, digital marketing, and data analytics.
If you’re considering a career as an SEO specialist, be prepared for frequent continuing education in the form of industry-recognized digital marketing courses and certifications, such as those offered by Google and Hubspot.
14. Public Relations Specialist
Think you can cultivate and maintain a dynamic and positive public image for a business? That’s exactly what the role of a public relations specialist entails.
These professionals are responsible for handling announcements, press releases, and social media campaigns. Public relations specialists often earn a median income of around $59,300 per year.
Time in school: About four years.
A career in public relations often requires a bachelor’s degree in public relations, communications, business, or journalism. If you possess strong writing and communication skills, a career as a public relations specialist could be a great fit for you.
15. Project Manager
Those with exceptional organization and management skills would do well to consider a career as a project manager. These professionals manage several aspects of a business from internal communications to team members and, of course, projects. The median salary for a project manager is around $67,280 per year.((Bureaux of Labor Statistics: Project coordinator))
Time in school: Up to four years.
Due to the flexibility of the position, those seeking a career in project management can pursue a degree in a wide variety of fields, such as business management, computer science, marketing, or even engineering, depending on the field you want to work in.
16. Executive Administrative Assistant
An executive administrative assistant handles clerical tasks for their businesses on advanced levels. In addition to carrying out clerical tasks like filing and call routing (as an entry-level administrative assistant would), executive assistants often prepare critical reports, documents, and oversee/train lower-level staff.
Time in school: Up to four years
Expect to earn a Bachelor of Science or a Bachelor of Arts degree in a business-related field. Your field of study will typically be determined by the type of business you wish to work for.
If you desire to work int he financial field, a financial-related business management degree can help prepare you for the high-level tasks expected of an executive administrative assistant.
17. Human Resources Manager
Another administrative role, human resource managers handle the employee side of a business. These professionals specialize in recruiting and hiring new employees for the business and often work with high-level executives on strategy.
Additionally, they act as a bridge between an employer and its employees while managing the relationships of employees as well.
The median salary for a human resources manager is about $110,120 per year.
Time in school: up to four years
A bachelor’s degree in human resources and strong interpersonal and communication skills are required for a career as a human resources manager. Additionally, employers often value varying types of previous work experience from administrative tasks and reporting to customer service and team management.
While heading back to school in the middle of your career can seem daunting, you now have a clearer idea of what to expect when narrowing your selection to careers worthy of making the switch.
The best part is, at 40 and older, you’ve already accumulated several years of valuable life and work experience, and can use this experience to guide you through the next chapter, or use it to help give you a boost in your new career.