In recent years, one particularly rewarding branch within the field of psychology has become that of Industrial and Organizational Psychology (I/O Psychology).
Businesses – realizing that the effectiveness of their workforce is determined largely in part by the psychological principles that govern the individual employees and the group as a whole – have turned to psychologists to help them improve employee productivity and relations. With such a growing demand for I/O psychologists, we wanted to take a look at some of the several advantages unique to those who pursue a master’s degree in industrial and organizational psychology.
Increased Job Outlook
As businesses have begun to see the value offered by I/O psychologists, the demand for the position is starting to grow. In fact, the U.S. Department of Labor projects a 29% or higher annual growth increase in demand through 2020.
Right now, demand for the position seems to be outpacing supply, which is great news for anyone entering the field of I/O psychology.
A Wide Range of Career Opportunities
Businesses have come up with a number of ways to make use of I/O psychologists, leading to a range of different career opportunities. I/O psychologists are able to pursue positions as HR specialists, talent developers, organizational consultants, personal analysts, and more. This degree of flexibility is one of the main advantages of the field and it allows I/O psychologists to adapt to the specific needs of the business that they are working for.
Alternatively, if you would rather teach than work within a business, working as an industrial/organizational psychology professor is another option worth considering. As the demand for I/O psychologists continues to grow, so does the demand for professors capable of teaching them.
People who study psychology love their field because of the opportunity it provides them to interact with people and help them all while learning more about the fascinating human mind. People who study subjects within the field of business love their field because of the opportunity it provides them to help make a business grow and succeed.
With I/O psychology, you get the best of both worlds. I/O psychologists work very closely with the employees of a business, helping them reach their full potential all while making sure they are enjoying their jobs. At the same time, I/O psychologists are critical to a company’s success, helping them improve their efficiency and boost their profits.
If you find both psychology and business to be equally fascinating, then the field of industrial/organizational psychology offers the perfect fusion of the two.
Take the First Step to a Rewarding Career as an Industrial/Organizational Psychologist
There’s a lot to like about the field of industrial/organizational psychology. From growing job opportunities to a number of interesting roles and functions, students who pursue a Master’s degree in Industrial and Organizational Psychology enjoy a number of unique advantages.
At TUW, we are proud to offer a Master’s degree in Industrial and Organizational Psychology program as part of our acclaimed School of Business, enabling our students to pursue this fascinating career.
If you would like to learn more about this program and the many advantages that it offers, we invite you to explore our online industrial-organizational graduate program today.