Drama/Acting Industry isn't a degree specific industry. There is no formal educational requirement to become an actor but a bachelor’s degree in theatre arts, drama, acting and performing helps in honing ones acting skills.
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Acting and Dramatics is a form of art (or) activity in which a story is told by means of its enactment by an actor or actress who adopts a character—in theatre, television, film, radio or any other medium that makes use of the mimetic mode. They are the ones who bring the vision of the director to life and stun the audience with their performance. Be it the theatre, films, or television, actors over the due course of time, become a brand themselves. Actors audition for roles and, if selected, perform those roles to bring the characters to life. Their work might be on a movie or television set, in a theatre, during a live event or any other place where performance is needed. They might work on any level of the profession, from being an extra in a larger cast to appearing in starring roles.
There is no fixed salary for an actor, as it would depend on your skills and experience.