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            Applied Business vs Clinical Psychology
Date
            November 17, 2023
          
           
          
You’re fascinated by the human mind, and helping people is a passion. On a psychology track, is applied psychology for business or clinical psychology right for you?
Required Education
- Applied Business: Master’s degree
- Clinical Psychology: Doctoral degree in most cases
Fundamental Differences
- Applied Business:
            - Applies psychology research and principles to solve business and organizational problems
- Helps employees and leaders with work (and sometimes life) challenges
- Advises companies on consumer behaviors and challenges
 
- Clinical Psychology:
            - Uses psychology training to assist individuals
- Works with patients 1:1 or in groups
- Usually provides services within healthcare system
 
Where You’ll Work
- Applied Business:
            - Any business/industry
- Government
- Nonprofit
 
- Clinical Psychology:
            - Hospitals
- Community health
- Outpatient clinics
 
Common Jobs and Projected Growth
With the right education, a variety of career paths are available. Some examples include:
- Applied Business:
            - Market research analyst (23% growth)
- Statistical analyst (27%)
- Organizational development analyst (19%)
 
- Clinical Psychology:
            - Counseling psychology (12% growth)
- School counselor (12%)
- Clinical psychologist (12%)
 
Though salaries may vary, applied business psychology often means higher pay:
- Applied Business:
            - Market research analyst: $63,230
- Human resource manager: $110,120
- Advertising, promotions, and marketing manager: $129,380
 
- Clinical Psychology: Doctoral degree in most cases
            - Marriage and family therapist: $48,790
- School and career counselor: $55,410
- Psychologist: $77,030
 
A Master of Science in Applied Psychology from USC Dornsife can be the start to your career in clinical or applied business psychology.
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