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What You'll Do: The job of a psychologist generally involves: performing observational studies and experiments to gain more knowledge on human behaviors and the brain, gathering data using surveys and exams, using learnt information to improve people's lives through individualized programs that typically include face-to-face conversation, identifying and diagnosing mental disorders, doing research on psychological topics, and assisting other healthcare workers.

Your specific duties will depend on what area you specialize in. Some common specialties include: clinical psychology, health psychology, neuropsychology, counseling psychology, forensic psychology, developmental psychology, school psychology, social psychology, and industrial-organizational psychology.

Your work schedule depends heavily on where you work. You might be employed at a school, hospital, governmental facility, mental health institution, community clinic, or your own private practice. If you run a clinical office, your hours are flexible and determined by clientele volume. Afternoon and evening hours are most common since you must accommodate most people's work schedules. Otherwise, 40-hour weeks are pretty common if you work anywhere else.

Education and Training: A master's degree in psychology is the minimum educational requirement for the job. This means 2 to 3 years of graduate study in an accredited program after completing 3 to 4 years of undergraduate study. Those who go the extra 5-8 years to obtain a doctorate degree in the field will have the best job prospects. The two most common doctorate degrees are the Ph.D. in psychology and Psy.D. degree. The prior prepares individuals interested in the research and teaching side of things, while the latter focuses on training students for clinical practice.

In addition to having an advanced degree, certification or licensure is generally required if you want to practice psychology in a clinical setting.

The Future: The psychology profession is expected to grow at about 22% through 2020. Job prospects should be best for those who have a doctoral degree in an applied specialty.

The Pay: Annual salaries for Psychologists in the U.S. range from $39,200 to $111,800, with the average median annual wage hitting $67,800 in 2011 as per the U.S. Bureau of Labor Statistics.

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