How Much Can I Earn With A Degree in Music Technology?
If I got a Bachelors, or Masters degree in music technology, what would be some job opportunities, and how much would I make?
Abbie’s Reply…
Personally speaking, I missed opportunities when living in Los Angeles because I lacked the educated a music degree would have provided. A degree in the field of your passion is a good thing.
As far as how much more can you earn with a degree, that’s really up to you. There are so many areas of the music business open to you with a degree.
People pay for skills and excellence in the music industry. It’s not like engineering where a degree is a prerequisite to an engineering job. If you become the best, your remuneration is unlimited. Most of those in the music industry getting the big bucks spent decades gaining skills you can acquire in several years. You will still need to pay your dues, but the opportunity for success is in your court.
Many people will tell you to learn a “Real Trade” as a backup to anything in the music industry. I personally disagree… follow your passion, forget the pay check. The pay check will follow if you determine to work hard and be the best. Nothing can replace the feeling of getting to do what you love each and every day.
To answer the question of “Earning Potential,” a counselor from the school of your choice should have the hard core numbers of average earning for specific positions. Keep in mind, earning potential will vary by location. You opportunities for success are better in Los Angeles, or New York than Iowa.
Good Luck
The short answer is somewhere between nothing and very, very little.
The reasons are –
1. There are about 350 full-time recording studios in the US and about 20-25,000 graduates coming out of the various colleges each and every year.
2. Nearly all the jobs in film/TV are taken by fine-arts/film grads from the best colleges.
3. Nearly all the AV and installation jobs are taken by IT and graphics arts with IT grads.
4. The studio engineer gets paid very, very little and is nearly always free-lance. He has no rights that he can attach to the music, so no fame and fortune!
5. Nearly all successful musicians have their own studios.