Solutions Review explores the state of master data manager salary in the United States, along with a link to the most popular e-learning training.
Master data management (MDM) is the process of defining and managing the critical data of an organization to provide a single point of reference. In the United States, MDM is becoming increasingly important, and professionals in this field can expect competitive salaries in 2023.
According to a report by PayScale, the national average salary for an MDM professional in the United States is $105,000 per year. However, salaries can vary significantly based on several factors such as location, industry, and experience level. For example, MDM professionals working in major tech hubs like San Francisco and New York can expect higher salaries, with an average salary of $118,000 and $113,000, respectively.
Master Data Management Salary Expectations
Industry is another critical factor that influences MDM salaries in the United States. The financial services industry is currently the industry with the highest demand for MDM professionals, and professionals in this industry can expect an average salary of $115,000 per year. Other industries with high-paying MDM roles include healthcare, government, and e-commerce.
Experience level is also a critical consideration when it comes to MDM salaries in the United States. Entry-level MDM professionals with less than one year of experience can expect an average salary of $72,000 per year, while those with 1-3 years of experience can expect an average salary of $84,000 per year. Mid-level professionals with 4-6 years of experience can expect an average salary of $98,000 per year, while senior professionals with 7+ years of experience can expect an average salary of $117,000 per year.
Education is also an important factor that influences MDM salaries in the United States. While a bachelor’s degree in a related field such as computer science or information systems may be sufficient, having a master’s degree or Ph.D. can significantly increase earning potential. MDM professionals with a master’s degree can expect an average salary of $112,000 per year, while those with a Ph.D. can expect an average salary of $132,000 per year.
In addition to base salaries, MDM professionals may also receive other benefits and perks such as health insurance, retirement plans, and paid time off. They may also have the opportunity to work on exciting projects and gain valuable experience that can help advance their careers.
Master data management is a crucial component of modern data-driven businesses, and salaries for MDM professionals in the United States are expected to remain competitive in 2023. Salaries can vary depending on factors such as location, industry, experience level, and education. With the right combination of skills and experience, MDM professionals can expect to earn a comfortable salary and enjoy a fulfilling career in a growing industry.
Recommended Data Management Training
TITLE: Become a Data Architect Nanodegree
OUR TAKE: Learn how to plan, design and implement enterprise data structure solutions and create blueprints. This nanodegree program takes 4 months to finish.
Description: In this program, you’ll plan, design and implement enterprise data infrastructure solutions and create the blueprints for an organization’s data management system. You’ll create a relational database with PostGreSQL, design an Online Analytical Processing (OLAP) data model to build a cloud-based data warehouse, and design scalable data lake architecture that meets the needs of big data. Finally, you’ll learn how to apply the principles of data governance to an organization’s data management system.GO TO TRAINING
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