Employment of industrial and organizational psychologists is projected to grow 19 percent from 2014 to 2024, much faster than the average for all occupations. However, industrial organizational psychologists are expected to face competition for positions because of the large number of qualified applicants. Industrial-organizational psychologists with extensive training in quantitative research methods may have a competitive edge. iii Look for industrial psychology graduate programs with a strong research component if this is of interest to you.
"Students embarking on a career in psychology quickly realize the vast career opportunities available within I-O Psychology," explained Tracy Kantrowitz, vice president of research and development for the consulting firm SHL. "As indicated by the SIOP careers study of individuals with advanced degrees in I-O Psychology, professionals can hold jobs as diverse as external consultant, chief human resources officer, research scientist, vice president of talent management, or university professor. Diverse career paths combined with a substantial median starting salary for new PhDs ($78,000 as reported in the 2013 SIOP salary survey report) make the field attractive to those charting career options."