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According to Learn.org and Payscacle.com, a student with a Master’s degree have a higher starting pay with a salary range of $54K-$88K up from a starting pay of $49K with a Bachelor’s degree and is necessary for many R&D jobs.
Purdue BME Master’s average pay is $78,000
Standard Tuition Rate
Why does this matter? It matters because many professional Master’s (even other professional Master’s at Purdue) and professional degrees charge a “market rate” instead of traditional university tuition. This cost is usually elevated from standard tuition costs making those degrees more expensive to attain.
Low Cost of Living in the Midwest
Indiana is a very affordable place to live. When comparing graduate programs make sure you are also factoring in the cost of living for the areas you are considering as that can make a big difference in your financial commitment.
Regulatory Courses and Certificate
Medical devices are a nearly $500 billion global market and encompass technologies such as heart valves, joint replacements, medical imaging equipment, diagnostic tests, and digital health technologies contained within smart watches. These are complex products that often take many years of development and testing before they are available to treat and care for patients. Regulatory professionals who understand both the science of medical device development and the regulatory processes that are in place to protect and promote public health are needed to lead companies through the development, testing, and approval of medical devices.
This program offers a unique training opportunity to prepare students for rewarding careers in the medical device industry. Success in industry requires knowledge across multiple areas covering the life cycle of a product, including medical device development, laboratory and clinical testing, quality systems, and regulatory submission and approval processes. These topics, and others, are available through courses offered as part of our regulatory series and will also be available as a certificate for those looking to add to their credentials. Courses are taught by expert Purdue faculty and through strong partnerships with the medical device industry and regulatory agencies.