Psychology is typically practiced by psychologists, who are doctoral-level practitioners licensed by a state licensing board. There are numerous sub-fields that prepare psychologists for work in different settings with different goals: Clinical and Counseling Psychologists conduct therapy with individuals and groups; Organizational Psychologists work with companies and organizations, Forensic Psychologists work within the judicial system and with legal experts, and Educational Psychologists work within schools. Psychologists typically work at colleges and universities, hospitals, for government agencies, and in the business/nonprofit sector.
The term ‘psychologist’ is typically reserved for those with a doctorate, but there are careers in psychology for bachelor and master’s level graduates. These roles typically work under a doctoral-level psychologist.
From the Occupational Outlook Handbook, published by the Bureau of Labor Statistics:
2016 Median Salary: $75,230