BSN Vs. MSN Degree: Differences Between Salaries | NurseJournal.org (2024)

Multiple educational pathways lead to careers in the nursing profession, including those culminating with a bachelor's degree in nursing (BSN) or a master's degree in nursing (MSN). Nurses must get their registered nurse (RN) licenses before entering an MSN program, and one option for aspiring RNs includes pursuing a BSN.

While students can streamline their journey to RN licensing with a nursing diploma or associate degree in nursing (ADN), the BSN curriculum provides the most effective preparation for graduate nursing programs.

Choosing the best option requires considering several factors, such as job opportunities, desired salary, the time and money students can dedicate to their education, and specialization interests. This page offers information and guidance to help with decision-making.

Essential Things to Consider When Choosing a Nursing Program

Considering the advantages and disadvantages of pursuing a bachelor's or master's nursing degree can help you select the best path to achieve your goals. Your particular circ*mstances, such as whether you already work as a nurse, hold an RN degree, or haven't started your nursing education yet, provide a starting place.

The time commitments and costs of earning a traditional BSN or MSN can range from four to seven years. Accelerated or bridge programs can shorten the timeframe for qualified students and reduce tuition and fees.

Salary differences can be pretty significant. According to the Bureau of Labor Statistics (BLS), the median salary for registered nurses totals $75,330 per year, while master's degree-prepared advanced practice registered nurses (APRNs) earn a median annual salary of $117,760.

Career longevity should also be considered. Certain specialty areas may contribute to nurse burnout, such as critical care and emergency room work. The amount of patient interaction is also something to take into consideration. RN positions involve extensive patient care, while master's-level nursing degrees may open more doors to administrative, leadership, or research jobs.

The BLS publishes projected job outlook statistics, which can also provide insight into your likelihood of getting hired. Nurses with master's degrees can expect a 45% projected employment increase from 2020 to 2030, while BSN-holders should see a projected 9% in job growth during the same period. An MSN may increase your marketability, particularly if you aspire to hold leadership positions.

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BSN and MSN Anatomy

The table below lists side-by-side details of traditional BSN and MSN degree programs, so you can compare and contrast credit requirements, program traits and length, and potential earnings.

Comparison Between BSN and MSN Degree Programs
BSNMSN
Credits Required12036-60
Program TraitsGeneral education, nursing prerequisites and trainingSpecialty-driven curriculum, advanced nursing core courses and clinicals
Average Program LengthFour years1-3 years
Average Earning Potential$75,330$117,760

Features of a BSN

Time commitments for nursing degree completion vary by program and depend on factors that include full- or -part-time enrollment, in-person or online study, specialization area, prior educational experience, and job experience or licensure. Accelerated BSNs and RN-to-BSN bridge programs can shave 2-3 years off educational timelines for qualifying students. Applicants should check their options for the programs that interest them.

While programs may impose different criteria, typical admission requirements include academic transcripts, 2.5-3.0 GPAs, SAT or ACT scores, and a resume.

BSN programs prepare graduates to take and pass their National Council Licensure Examination (NCLEX-RN), a requirement to obtain an RN license. BSNs also provide the most comprehensive preparation for RN practice and further education.

Features of an MSN

MSN programs include the following:

  • BSN-to-MSN: These programs usually take 2-3 years to complete and require a BSN and clinical nursing experience. MSNs can be earned online or in-person, with onsite clinical rotations.
  • RN-to-MSN bridge programs: RNs who hold an ADN or nursing diploma may qualify for these 3- to 4-year programs that include BSN coursework. Online and hybrid study is commonly offered.
  • Direct-entry MSN: These accelerated programs admit applicants with non-nursing bachelor's degrees and apply those credits toward an MSN. Direct-entry MSNs can take 18 months to three years to finish and feature online, on-campus, or mixed format options. These students will need to pass the NCLEX-RN exam at some point before they can practice.

Other common admission requirements include:

  • Transcripts
  • 2.5-3.5 GPAs
  • GRE or MAT scores
  • Personal essays
  • Letters of reference

The MSN curriculum prepares students for advanced practice nursing careers as nurse practitioners caring for a specific patient population, certified nurse midwives, and nurse anesthetists, along with administrators, nurse leaders, nurse educators, and researchers.

Advantages to Earning BSN or MSN

BLS statistics highlight the many nursing positions available to BSN-holders with high projected job growth and starting salaries but also show the added value of spending an extra couple of years earning an MSN. The table below outlines the advantages of each degree.

Comparing Advantages Between BSN and MSN Degrees
BSNMSN
Strong projected job growth of 7%Much stronger employment growth projection of 45%
Broad nursing preparation and knowledge baseOpportunities to specialize and focus on patient populations
Intensive patient interactionOptions to care for patients or pursue leadership and administrative roles
Preparation for graduate studyOpens doors to doctorate-level nursing education
General education and nursing-specific didactic and clinical trainingCoursework in advanced nursing topics, management, leadership, research, and informatics
Potentially high salariesSix-figure incomes for most positions

Frequently Asked Questions About Nursing Degrees

Do MSN educated nurses make more than BSN-holders?

MSN-holders make thousands more per year than those with BSNs. Nurses with BSNs bring in less than $53,000 for the lowest 10% to more than $116,000 for the highest 10%. The lowest 10% of MSN-educated nurses earn less than $84,000, and the highest 10% make more than $190,000.

What is the difference between a BSN and MSN?

BSN-trained nurses hold an RN license, provide care to patients as part of a team of medical professionals, and can hold leadership and management positions. MSNs open doors to advanced nursing that includes specialties like anesthetics, midwifery, family nurse practice, and even higher nursing administration and leadership roles. MSNs also find careers in higher education and research.

What can an MSN do that a BSN can't?

MSNs can get higher-level positions in clinical nursing and nursing practice, along with administrative roles, research, and management. MSNs can also complete their doctoral degrees in shorter timeframes and earn advanced certifications in specialty areas. MSN-holders, such as nurse practitioners, can practice more independently than RNs, but the degree to which they can do so depends on their state laws.

Are BSN to MSN programs hard?

Pursuing an MSN carries challenges, such as balancing a heavy course load of advanced topics with clinical rotations, although there are non-clinical degree options. Nursing students put in long hours, and some continue working or take care of other obligations while they earn their degrees, which adds to the burden.


The Bottom Line: BSN vs. MSN

BSN or MSN? The choice comes down to professional goals, salary needs, career advancement opportunities, and specialty interests. A thorough inventory of whether you want to work with patients, conduct research, supervise nursing staff, or manage a hospital department can point you in the right direction. However, if you choose to earn a BSN now, you also have the option to earn an MSN later on.

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BSN Vs. MSN Degree: Differences Between Salaries | NurseJournal.org (1)

Shrilekha Deshaies MSN, RN, CCRN

Shri Deshaies is a nurse educator with over 20 years teaching in hospital, nursing school, and community settings. Most recently Deshaies taught in Syracuse, New York where she had the pleasure of teaching lab skills, tutoring students, writing scripts, and performing in the video demonstrations used for skills validations. Deshaies offers private tutoring to nurses preparing for school exams as well as the NCLEX exam and has worked with dozens of students with an excellent pass-rate.

Her clinical area of expertise is critical care nursing and is a certified critical care nurse. She has worked in various surgical ICUs throughout her career, including cardiovascular, trauma, and neurosurgery.

Deshaies's passion for health equity and reducing hospitalization has led her to practicing nursing in the community as a home health nurse. This passion has also extended into the homeless community where she provides nurse advocacy, navigation, and education to homeless men through the non-profit organization, Nurses Serving our Neighbors (NSON), of which she is a founding member. Deshaies recently completed a course to become a faith community nurse.


Featured Image: Terry Vine / DigitalVision / Getty Images

BSN Vs. MSN Degree: Differences Between Salaries | NurseJournal.org (2024)

FAQs

Does MSN get paid more than BSN? ›

MSN Salary Differences. Advanced education is often accompanied by higher annual salaries. According to PayScale, as of June 2021, nurses with a BSN had a median annual salary of around $86,800, while nurses with an MSN had a median salary of around $96,300.

Do nurses with MSN make more money? ›

The Bureau of Labor and Statistics (BLS) reports that MSN-prepared nurses make, on average, $42,000 more than RNs.

Is it better to get a BSN or MSN? ›

The primary difference between the degrees is that an MSN provides nurses with more career options and opportunities to increase their annual salaries. While a BSN program teaches nurses how to provide quality patient care, registered nurses do not serve as primary care providers for patients.

What type of BSN gets paid the most? ›

Which BSN Job Makes the Most?
  • Pharmaceutical RN - $83,486. Pharmaceutical RN's earn an average salary of $83,486. ...
  • Nurse Informatics - $77,791. Nurse Informaticists earn an average salary of $77,791. ...
  • Nurse Case Managers - $71,772. ...
  • Nurse Administrators - $65,000 - $100,000.
Sep 23, 2020

What can an MSN do that a BSN cant? ›

What can an MSN do that a BSN can't? MSNs can get higher-level positions in clinical nursing and nursing practice, along with administrative roles, research, and management. MSNs can also complete their doctoral degrees in shorter timeframes and earn advanced certifications in specialty areas.

Is MSN worth the money? ›

An MSN can significantly boost your earnings

In fact, nurses in various advanced practices earn median salaries of nearly $124,000 per year in 2021, almost 60% higher than the $77,600 median salary for registered nurses who generally don't have advanced degrees.

What are the advantages of MSN? ›

More Jobs and Better Pay. As with any career, training and advanced credentials will broaden employment opportunities. Some of the advanced practice areas for MSN graduates include nurse practitioner, clinical nurse specialist, certified nurse anesthetist, nursing informatics and certified nurse midwife.

What percentage of nurses have a MSN? ›

65.2% of RNs have earned a Bachelor of Science in Nursing (BSN) degree, while 1.4% have earned a Doctor of Nursing Practice (DNP) degree. Within 4 to 6 months of completing their programs, 94% of BSN graduates and 92% of MSN graduates have secured job offers.

What are the benefits of having a MSN? ›

Advantages Of Getting Your MSN
  • An MSN can open up new career doors. ...
  • You have the potential to earn a higher salary with an advanced degree. ...
  • There are many program options. ...
  • You'll gain a deeper knowledge of a specific area of nursing.
May 26, 2022

Do you make more money with a BSN? ›

Average Annual Salary of Registered Nurse vs. BSN Nurse. Nurses with both associate degrees and bachelor's degrees can expect to earn a considerable income. ADN nurse salaries average a little over $74,000 annually, while BSN nurses can earn more than $80,000 each year.

Can I skip my BSN and get my MSN? ›

Can You Get Your MSN without a BSN? The short answer is yes. The most common path to earning an MSN degree is to earn a BSN degree first. However, some nursing programs allow non-nursing degree-holding students to earn an MSN without a BSN through a Direct Entry MSN program.

What is the salary of a BSN? ›

PKR 52,000. How accurate does PKR 52,000 look to you?

How do you get 6 figures with a BSN? ›

HOW TO MAKE SIX FIGURES AS A NURSE?
  1. Become a Certified Registered Nurse Anesthetist (CRNA) ...
  2. Become a Nurse Practitioner (NP) ...
  3. Become a Nurse Midwife. ...
  4. Advance in Nurse Leadership. ...
  5. Begin travel nursing assignment. ...
  6. Change Nursing specialties. ...
  7. Relocate to a higher paying state. ...
  8. Make sacrifices.

How to make 7 figures as a nurse? ›

Here are some ways for nurses to make extra money:
  1. Work the night shift.
  2. Pull an occasional extra shift.
  3. Keep up with your certifications.
  4. Add additional certifications to your resume.
  5. Work in critical care areas (ER or ICU)
  6. Work as a travel nurse.
  7. Earn an advanced degree.
  8. Move into management.
Jul 27, 2021

What type of nurse is most in demand? ›

BSN-prepared nurses are the most sought-after RNs in the job market and can advance to leadership and management roles more quickly than the ASN nurse.

Can you do anything with just a BSN? ›

Graduates with a BSN can work as bedside nurses in medical settings, such as hospitals, clinics, and physicians' offices. They can also pursue careers as nurse educators, health policy nurses, nurse recruiters, nurse informaticists, forensic nurses, clinical research nurses, or nurse health coaches.

What is a nurse with a master's degree called? ›

Master's in Nursing (MSN)

A nurse practitioner is an advanced practice registered nurse who is educated at the master's level or higher, and represents a step up in responsibilities and autonomy compared to registered nurses.

What is higher than MSN? ›

Advanced degree nurses are those with a graduate degree in the field, such as a Master of Science in Nursing (MSN) or Doctor of Nursing Practice (DNP).

Is an MSN being phased out? ›

Many universities have already transitioned to a DNP program, having eliminated the MSN nurse practitioner programs.

What is the most useful MSN degree? ›

Family Nurse Practitioner

The majority (65%) of nurse practitioners (NPs) work as family nurse practitioners. This is one of the best MSN options for those who want to work in nearly any setting, including their own practice, as long as the state offers full practice authority.

What is the easiest MSN to get? ›

15 Easiest MSN Online Programs to Get Into – 2023
  • RN-to-MSN Nursing Leadership & Administration Capella University. ...
  • MSN - Quality and Safety Northcentral University. ...
  • M.S. Nursing - Leadership and Management (BSN to MSN) Western Governors University. ...
  • Master of Science in Nursing (MSN) University of St Augustine.

Is MSN program difficult? ›

Time and difficulty are two important considerations when contemplating getting a degree. This is especially true if you're thinking about earning a Master of Science in Nursing (MSN) degree; a graduate degree is undoubtedly more difficult than an undergraduate degree, and nursing isn't an easy field.

Is MSN higher than NP? ›

One of the most common graduate degrees pursued by aspiring nurse practitioners is the Master of Science in Nursing (MSN), which is really going to be the lowest level of education you can complete and work as an NP.

Is MSN a professional degree? ›

The MSN is a master's level degree for professional nurses. Designed to qualify graduates for leadership or teaching positions, an MSN program might include 30-40 credit hours and take about 2 years to complete, depending on your experience and education background.

What percentage of new grad nurses quit? ›

Over 50% of nurses quit within the first five years.

More specifically, over 17% quit within the first year, and a whopping 56% quit after the first two years. This issue has also been exacerbated by the COVID-19 Pandemic, as 95% of nurses have reported feeling burnt out within the past three years.

Why is there a nursing shortage 2022? ›

Nov. 1, 2022, at 4:16 p.m. Fueled by factors like employee burnout, an aging population and a dearth of training, states across the country are facing a familiar and common problem: a nursing shortage.

How old is the average nurse? ›

In the United States, the average age of a registered nurse was 43.5 years old.
...
Distribution of registered nurses in the United States in 2019, by age group.
CharacteristicNumber of registered nurses
--
--
11 more rows
May 3, 2021

What does MSN mean in salary? ›

The starting Master of Science Nursing salary is around $70,000 and with a few years of experience, that figure can quickly climb to over $110,000. The average annual MSN salary in the nation is around $114,000. Additionally, the need for Advanced Practice Registered Nurses (APRN) is continuously growing.

Which nursing specialty makes the most money? ›

Certified Registered Nurse Anesthetist Salary. Certified Registered Nurse Anesthetists earn a median salary of $195,610 per year according to the U.S. Bureau of Labor Statistics, making it the top paying nursing specialty.

What is the advantage of having a BSN? ›

Studying for your BSN allows you to gain more in-depth knowledge of the nursing field and develop new sets of skills. You will also have a chance to improve your current nursing skills during this degree program, which could boost job performance and result in the possibility of more job opportunities.

How long does it take to go from BSN to MSN? ›

You may be wondering how long such a specified program might take, and it is important to know that different programs will vary based on how many units you need to take. However, pursuing a BSN to MSN will usually take you about two years to complete.

Can you take the Nclex without a BSN? ›

An ADN or BSN degree is not needed for the NCLEX-PN. Typically, this exam is for individuals who want to pursue a career as an LVN or LPN. Candidates must first complete a related diploma or certificate course that is typically one year long.

How long does it take to go from RN to MSN? ›

If you're an RN with a degree other than a BSN, you could choose the RN to MSN degree track, which typically requires a minimum of two years to complete.

What state pays BSN the most? ›

In the United States overall, the average registered nurse salary is $82,750 and the median (50th percentile) is $77,600. California, with RN salaries averaging $124,000, is the highest-paying state for nurses as of May 2021 (according to the Bureau of Labor Statistics).

Why is a BSN better than an RN? ›

A BSN is a higher level of education by comparison to a sponsored diploma or ADN and opens you up to more nursing job opportunities and a higher salary. Regardless of which educational path you choose, your journey as an RN will start with one of these accredited programs and requires you to pass the NCLEX-RN.

What kind of nurse makes 100k a year? ›

Gerontological Nurse Practitioner (GNP)

According to Salary.com, the average salary* of a Gerontological Nurse Practitioner is about $100,000 per year or about $48 per hour.

What type of nurse makes 6 figures? ›

Certified Registered Nurse Anesthetist (CRNA)

They monitor the patients during procedures and post-operatively. The CRNA has completed either a master's or doctorate program and passed a specified board certification exam. The national average annual salary for a CRNA is $202,804.

What is a good GPA for BSN? ›

Most programs require at least a 2.5 GPA or higher. Some set their limit at a 3.0 GPA. This is important to find out during the research phase of your accelerated nursing program search. So, what if you already have a bachelor's degree or non-nursing college credits, but your GPA isn't high enough?

Are nurses middle class? ›

Most registered nurses are considered part of the middle class. However, I'll compare the average U.S. income to a registered nurse's median salary to further answer this question. According to the U.S census bureau, the average income for U.S. citizens aged 15 in over in 2020 was roughly $41,535.

How can a nurse get paid high? ›

Make more money as a nurse with higher education
  1. Earn an advanced degree. ...
  2. Get certified in a specialization. ...
  3. Consider a leadership role. ...
  4. Become a travel nurse. ...
  5. Become a private duty nurse. ...
  6. Become an immunization nurse. ...
  7. Become an instructor. ...
  8. Become a nurse health coach.
Jun 16, 2022

Will nurses get paid more in the future? ›

But for nurses currently working in the U.S., or students who are planning on becoming a nurse, the good news is that salaries are increasing. And an advanced degree, such as a master's degree in nursing (MSN) can open up more, higher-paying opportunities for nurses.

What is the happiest field of nursing? ›

Happiest Nursing Jobs
  • School Nurse. Nurses in schools are available to help care for students who are presenting with an illness or who require assistance with medication administration for a previously diagnosed condition. ...
  • Labor and Delivery Nurse. ...
  • Case Management Nurse. ...
  • Nurse Educator. ...
  • Parish Nurse. ...
  • Travel Nurse.
Aug 26, 2022

What are the most sued nursing specialties? ›

Home care includes home health, hospice, and palliative care, and is the most frequently sued nursing specialty (36.1%). Other specialties that were commonly associated with claims include adult medical/surgical (18.5%), gerontology – in an aging services facility (10.5%), and emergency/urgent care (9.7%).

What nurse has the easiest job? ›

Easiest Nursing Jobs Availabile
  • Clinic Nurse. ...
  • Traveling Nurse. ...
  • School Nurse. ...
  • Summer Camp Nurse. Average Annual Salary: N/A. ...
  • Nurse Administrator. Average Annual Salary: $68,000. ...
  • Public Health Nurse. Average Annual Salary: $56,000. ...
  • Researcher Nurse. Average Annual Salary: $62,000. ...
  • Home Health Nurse. Average Annual Salary: $64,000.
Aug 31, 2022

Is an MSN higher than an RN? ›

RN vs. MSN-Prepared Nurses: Duties and Responsibilities. While RNs and MSN-prepared nurses are both registered nurses, their duties do differ. Nurses with MSNs often have more leadership responsibilities and autonomy.

Can I get my MSN right after BSN? ›

Once you finish your Bachelor's Degree of Science in Nursing (BSN), you are eligible to apply for an MSN. Usually, this graduate-level of study takes two or three years to complete. Throughout this program, you will advance your nursing skills and specialize in any area you have an interest in.

What MSN makes the most money? ›

Highest-Paying Nursing Jobs with MSN Requirements
  • Certified Registered Nurse Anesthetist – $190,726. ...
  • Neonatal Nurse Practitioner – $127,831. ...
  • Cardiac Nurse Practitioner – $116,580. ...
  • Orthopedic Nurse Practitioner – $115,500. ...
  • Oncology Nurse Practitioner – $115,401. ...
  • Family Nurse Practitioner – $112,470. ...
  • Nurse-Midwife – $113,152.
Oct 4, 2021

Does having an MSN make you an NP? ›

In order to become a nurse practitioner, you'll need to obtain at least a BSN and MSN, pass certification exams, perform clinical research, and apply for licensure within the states you wish you to practice.

What is a nurse with a MSN called? ›

Advanced practice registered nurses (APRNs) work in a variety of advanced careers within the nursing field. These roles require more work experience and education than entry-level nursing roles. Becoming an APRN requires earning a Master of Science in Nursing (MSN) and completing clinical experience.

Why is it important to get a MSN? ›

An MSN Degree Allows You to Specialize

There is more than one type of master's degree in nursing. Many of the top nursing schools allow you to specialize in the type of nursing you most want to practice. Common specialties include: Psychiatric-Mental Health Nurse Practitioner.

Do you list both BSN MSN? ›

If you have credentials of the same type, there is one rule to follow: the highest education degree goes at the top of the list. Start by listing the highest education degree, followed by the other degrees. So, a doctorate would be put before a master's degree, and so on (for example, Susan Smith, MSN, BSN).

What happens after graduating with BSN? ›

After graduating from a BSN program, students may choose to advance their education even further with a graduate degree. Typically, graduate nursing programs are designed to help nurses carve out a specialization, home in on an area of interest, and qualify for advanced practice or leadership roles.

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