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PhD Salaries and Lifetime Earnings

PhDs employed across job sectors show impressive earning potential:

“…[T]here is strong evidence that advanced education levels continue to be associated with higher salaries. A study by the Georgetown Center on Education and the Workforce showed that across the fields examined, individuals with a graduate degree earned an average of 38.3% more than those with a bachelor’s degree in the same field. The expected lifetime earnings for someone without a high school degree is $973,000; with a high school diploma, $1.3 million; with a bachelor’s degree, $2.3 million; with a master’s degree, $2.7 million; and with a doctoral degree (excluding professional degrees), $3.3 million. Other data indicate that the overall unemployment rate for individuals who hold graduate degrees is far lower than for those who hold just an undergraduate degree.” - Pathways Through Graduate School and Into Careers , Council of Graduate Schools (CGS) and Educational Testing Service (ETS), pg. 3.

Average salaries by educational level and degree (data from the US Census Bureau, American Community Survey 2009-2011, courtesy of the Georgetown University Center on Education and the Workforce):

The Bureau of Labor and Statistics reports higher earnings and lower unemployment rates for doctoral degree holders in comparison to those with master’s and bachelor’s degrees:

According to national studies, more education translates not only to higher earnings, but also higher levels of job success and job satisfaction:

“Educational attainment – the number of years a person spends in school – strongly predicts adult earnings, and also predicts health and civic engagement. Moreover, individuals with higher levels of education appear to gain more knowledge and skills on the job than do those with lower levels of education and they are able, to some extent, to transfer what they learn across occupations.” - Education for Life and Work (2012), National Research Council of the National Academies, pg. 66.

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Best Online Doctorates in Information Technology: Top PhD Programs, Career Paths, and Salary

The best online PhD in Information Technology provides the specialized knowledge and skills necessary to stand out in job applications and take your career to the next level. Pursue an information technology PhD online to land information technology jobs in this field.

Information technology is a multidisciplinary field that combines computer science, mathematics, business, and finance. Students looking to pursue an online PhD in Information Technology should know what the best online PhD in Information Technology is. Find out the admission requirements, eligibility, and coursework needed for each program with our guide to the best schools to get an information technology PhD online.

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There are many jobs available in information technology, including some very high-paying positions. One of the best jobs you can get in the field is as an applications architect. Other in-demand jobs range from IT consulting to information systems security management to data science; the possibilities are endless.

When working in information technology, there is great variation in salaries depending on your job title, credentials, education and experience. It is not uncommon to find jobs paying a six-figure salary, but as with any other field, your education and experience greatly reflect your pay so a PhD in Information Technology can really boost your career.

Information technology is also a field that will inevitably keep growing. The tech industry is booming right now and there is a job slot for IT professionals at nearly every company in any sector as the world becomes more tech-reliant. IT professionals will forever be some of the most needed and appreciated workers in any industry.

Why You Should Earn a PhD in Information Technology

Earning a PhD, or any other doctorate, can be a very intimidating prospect for most people. But, in the field of IT, getting a PhD is completely worth it.

Having such a high level of education opens up a whole new world of career opportunities within the field, most of them in management or leadership positions. Without your PhD, you will likely not be considered for these upper-level positions which guarantee a higher salary.

Furthermore, having any sort of doctorate is a great way to display your inherent ability to work hard. It shows employers you are dedicated, motivated, organized and able to efficiently manage your time. A graduate-level degree is already impressive, so just imagine the impact you would have by listing a PhD on your resume.

Can You Get a PhD in Information Technology Online?

Yes, you can get a PhD in Information Technology online. There is a wide range of schools that offer an online doctoral program in information technology for students who prefer distance learning options. It involves completing the required credit hours for the program and a research-based dissertation or a capstone project.

Is an Online PhD Respected?

Yes, an online PhD is respected. It offers the same courses and program requirements as on-campus PhD degrees. It is also as rigorous as degrees taken on the school campus. An online program, like the ones listed in this guide, are provided by accredited online universities . This confers credibility to the program and that the online PhD programs meet the minimum academic quality requirements.

Prospective students who want to find out more about PhD in Information Technology programs that take place online need to research the national accreditation status of the school before they begin the application process. This will protect them from scams and ensure that they get the best education possible.

Why Earn Your IT PhD Online

If you are considering going to school for a PhD in Information Technology, there are a lot of factors to consider before making a final decision, including the most important factor of time.

You are likely already working a full-time job and have a busy schedule, so attending on-campus classes may not be possible as they just won’t fit into your weekly schedule. This is where pursuing your PhD in Information Technology online comes in handy.

Earning your doctorate online provides you with the same level of education as attending an on-campus program and you will get to learn at your own pace and around your own schedule.

What Is the Best Online PhD Program in Information Technology?

The best online PhD program in information technology is the online PhD in Information Technology at the University of the Cumberlands, Williamsburg, Kentucky. It is a five-year program with an 80 percent acceptance rate.

Why University of the Cumberlands Has the Best Online PhD Program in Information Technology

University of the Cumberlands has the best online PhD program in information technology because it offers the right mix of online courses, advanced research methods, dissertation, and inferential statistics courses. It also includes courses in information governance, enterprise risk management, data science, big data analytics, and information technology in a global economy.

Best Online Master’s Degrees

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Online PhD in Information Technology Admission Requirements

The admission requirements for an online PhD in Information Technology are a Master’s Degree in Information Technology or related discipline from an accredited school, a statement of purpose, an information technology resume showing professional experience, and three letters of recommendation.

For most schools, applicants need to submit official school transcripts from their master’s degree with a minimum cumulative GPA (CGPA) of 3.0 on a 4.0 scale to qualify for an online PhD in Information Technology.

Depending on the requirements of the school, you may need to have GRE or GMAT test scores obtained within the last five years. International students or non-native English speakers are required to show proof of English proficiency by submitting IELTS or TOEFL test scores.

Every university has different admission requirements for applicants, so you must conduct your own research to determine the specific requirement of the online information technology PhD program you are applying for.

• Master’s Degree in Information Technology or related discipline
• Statement of purpose
• Three letters of recommendation
• Graduate test scores (GRE or GMAT)
• Proof of English proficiency for non-native English speakers

Best Online PhDs in Information Technology: Top Degree Program Details

Best Online PhDs in Information Technology: Top University Programs to Get a PhD in Information Technology Online

The top university programs to get a PhD in Information Technology offer coursework coinciding with your professional goals. Pursuing this degree provides the knowledge and expertise needed to gain high-paying leadership roles in the industry. This section contains an overview of the best online PhDs in Information Technology.

Aspen University began operations in 1960 as the International Academy to improve the delivery of education. It offers online education ranging from certificates, associate degrees , bachelor’s, master’s, and doctoral programs from the School of Nursing and Health Sciences, School of Education, and School of Business and Technology.

Doctor of Science in Computer Science

The Doctor of Science in Computer Science at Aspen University focuses on delivering a solid understanding of the concepts and practical applications of computer science. It involves advanced research and analysis methods in technical areas such as application design, data science, and computer architecture.

Doctor of Science in Computer Science Overview

• Accreditation: Distance Education Accrediting Commission
• Program Length: 5 years
• Acceptance Rate: 100%
• Tuition and Fees: $450/credit

Doctor of Science in Computer Science  Admission Requirements

• Completed application
• A 500-word statement of goals
• Computer science experience
• Master’s degree transcripts with a minimum CGPA of 3.0 or greater

Capella University has a total enrollment of over 41,073 students pursuing a certificate, bachelor’s degrees , and master’s and doctorate programs from different colleges. It offers a FlexPath learning system that online students can use to take classes at their own pace, set deadlines, and budget schooling expenses.

Doctor of Information Technology

This online degree program equips students with essential advanced IT competencies and real-world knowledge to assume leadership roles in today’s technology settings. Its coursework features advanced areas such as project management, information assurance, and cyber security. Students also develop a capstone project under the guidance of industry leaders.

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Doctor of Information Technology Overview

• Accreditation: Higher Learning Commission
• Tuition and Fees: $750/credit

Doctor of Information Technology Admission Requirements

• A master’s degree from an accredited institution or internationally recognized institution
• A minimum CGPA of 3.0 or higher on a 4.0 scale
• Valid government-issued form of photo identification
• Proof of English proficiency for international students
• $50 application fee
• Acknowledge agreements to abide by Capella University’s policies and program requirements

City University of Seattle was founded in 1973 as a private, non-profit school that provides career-specific education to adult learners who want to advance their careers. It offers over 60 degrees and certificate programs across various academic fields, including health and human services, business, education, project management, and education.

This is a multidisciplinary program comprising different areas including data science, cyber security, and computer science . It includes 90 credits of core courses, study concentrations, exams, dissertation residencies, research, and a dissertation. Students in this program gain knowledge, skills, and abilities to land senior-level positions in the industry. 

• Accreditation: Northwest Commission on Colleges and Universities
• Tuition and Fees: $765/credit
• Master’s degree from an accredited school or internationally recognized institution
• Statement of goal statement
• Minimum of 2 years of leadership or technology-related experience
• Three references
• Proof of English proficiency
• Complete an interview after submitting the application

Colorado Technical University was founded in 1965 to help students meet their educational, personal, and career goals through innovative technologies and an experienced faculty. It offers industry-relevant degree programs across different academic fields to help students land jobs after graduation.

Doctor of Computer Science

This doctoral degree provides an in-depth knowledge of specialized subjects. It teaches students to think strategically and make contributions to different areas of information technology. Students learn how to solve high-level design issues, maintain security in distributed systems, and develop a software improvement plan. This program offers concentrations in big data analytics, information assurance, and cyber security.

Doctor of Computer Science Overview

• Program Length: 3 years
• Tuition and Fees: $598/credit

Doctor of Computer Science Admission Requirements

• Complete graduate admission application
• Master’s degree from an accredited school or internationally recognized institution with a minimum CGPA of 2.0
• Proof of English Proficiency for non-English native speakers
• Doctoral interview with a representative from CTU’s doctoral programs

Indiana State University was founded in 1865. It is a four-year public university established to provide high-quality education with experiential learning, community engagement, and a supportive learning environment. It offers over 100 majors across different academic fields and educational levels.

Doctor of Philosophy in Technology Management

This is a 66-credit-hour program that prepares students for leadership positions in technology management. It also includes specialization areas such as communication systems, manufacturing systems, quality systems, human resource development, and industrial training. At the end of the program, graduates will have advanced knowledge in technological, engineering, and scientific innovation and application.

Doctor of Philosophy in Technology Management Overview

• Acceptance Rate: 92%
• Tuition and Fees: $562/credit

Doctor of Philosophy in Technology Management Admission Requirements

• Master's degree in a relevant field from an accredited university
• Minimum CGPA of 3.5 on a 4.0 scale
• GRE or GMAT test scores within 5 years of application
• Statement of goal
• Minimum of 3 years of occupational experience in technology management or technical specialization

Liberty University was founded in 1971 by Reverend Jerry Falwell. It is an accredited Christian university with 15 colleges and over 100,000 students enrolled in programs at all levels. It employs a unique approach to education that provides the right balance between academic theory, research, and hands-on training.

Doctor of Business Administration in Information Systems

The doctor of business administration in information systems at Liberty University teaches the implementation of technological strategies for business management. It involves 60 credit hours of courses. Students learn how to use business and technological solutions to safeguard a company’s information and assets.

Doctor of Business Administration in Information Systems Overview

• Accreditation: Southern Association of Colleges and Schools Commission on Colleges
• Acceptance Rate: 50%
• Tuition and Fees: $565/credit

Doctor of Business Administration in Information Systems Admission Requirements

• A Master’s Degree in Information Systems from an accredited school
• A minimum CGPA of 3.0 on a 4.0 scale
• Proof of English Proficiency
• A non-refundable $50 application fee 

Northcentral University is a private, non-profit national university founded in 1996 and provides higher education to working professionals. It offers a high-quality educational experience in bachelor’s, master’s, and doctoral degrees.

Doctor of Philosophy Degree in Technology Management 

This doctoral degree program was specifically designed to equip students with the practical experience to make a difference through technology. Students develop advanced knowledge of the theories, applications, and perspectives relating to technology and innovation. It offers different specializations in computer science, data science , information systems, cyber security, engineering management, and IT project management

Doctor of Philosophy Degree in Technology Management Overview

• Accreditation: WASC Senior College and University Commission
• Acceptance Rate: N/A
• Tuition and Fees: $3,333/credit

Doctor of Philosophy Degree in Technology Management Admission Requirements

• Master’s degree from an accredited academic institution

Towson University was founded in 1865. It is one of the top 100 public universities in the country and the 12th-largest public university system in the United States. It has over 100 undergraduate, graduate, and certificate programs.

Doctor of Science in Information Technology

The doctor of science in information technology at Towson University provides the advanced knowledge and research opportunities that students need to land leadership positions in the industry or in academia. It explores topics such as data structures, software engineering , human-computer interaction, computer networks, operating systems, and algorithms.

Doctor of Science in Information Technology Overview

• Accreditation: Middle States Commission on Higher Education
• Acceptance Rate: 79%
• Tuition and Fees: $642/credit

Doctor of Science in Information Technology Admission Requirements

• Master’s Degree in Computer Science Information Systems, Information Technology, or related fields
• Two letters of recommendations from academic institutions
• Personal essays that explain the area of research interest, motivation, purpose, and strengths of academic background
• GRE test scores

University of the Cumberlands was founded in 1888 by a group of Baptist ministers. It is one of the largest private colleges in Kentucky, with a total enrollment of over 19,000 students. It offers undergraduate, pre-professional, graduate, and doctoral programs in 40 major fields of study.

Online PhD in Information Technology

The online PhD in Information Technology at the University of the Cumberlands is a 60-credit-hour program where students gain a deep understanding of the industry’s challenges and opportunities. Students learn how to employ machine learning to solve business problems, use analytics for IT needs and handle cyber security threats.

Online PhD in Information Technology Overview

• Acceptance Rate: 80%
• Tuition and Fees: $500/credit
• Complete online application
• Application fee
• Official transcripts from an accredited university 
• Minimum CGPA of 3.0 on a 4.0 scale in a master’s degree program
• Evaluation of coursework for international students

Walden University was founded in 1970 to provide distance learning opportunities for adult learners. It offers a flexible learning format for students to earn bachelor's, master’s, doctoral, or certificate programs. It has a total enrollment of over 55,000 students from more than 115 countries.

PhD in Management Information Systems, Management Specialization

This online information technology doctorate program takes a deep dive into advanced knowledge of systems architecture, cloud computing, strategic direction, and big data . It utilizes an integrative approach to teaching the application of conceptual frameworks for information technology systems, risk management, and information technology architectures.

PhD in Management Information Systems, Management Specialization  Overview

• Tuition and Fees: $743/credit

PhD in Management Information Systems, Management Specialization Admission Requirements

Online information technology phd graduation rates: how hard is it to complete an online phd program in information technology.

Yes, it is very hard to complete an online PhD in Information Technology. Students that are studying online can find it hard to get quick access to tutors and university professors to discuss challenges they may be facing. Also, financial barriers can play a role in preventing students from accessing higher education paths like a PhD.

How Long Does It Take to Get a PhD in Information Technology Online?

It takes about three to five years to get a PhD in Information Technology. Depending on the school and degree requirement, students have to complete anywhere between 55 and 65  credits.

The duration of the PhD degree depends on the learning pace, the number of credits transferred, and the specialized course requirements. Highly motivated students can complete the program in three years, while part-time students with other commitments may take longer.

How Hard Is an Online Doctorate in Information Technology?

An online Doctorate in Information Technology is very hard. It involves a great deal of advanced coursework, large-scale projects, and personal investments. Compared to in-person degrees, students will also have less access to university resources and reduced social interaction with other doctorate students and research supervisors.

Best PhD Programs

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What Courses Are in an Online Information Technology PhD Program?

The courses in an online information technology PhD program include technology and innovation management, algorithm design, computer ethics, cyber security and information assurance, and information technology policy and governance.

Main Areas of Study in an Information Technology PhD Program

• Technology and innovation management
• Algorithm design
• Computer ethics
• Cyber security and information assurance
• Information technology policy and governance

How Much Does Getting an Online Information Technology PhD Cost?

It costs $19,314 per year for a PhD in Information Technology, according to the National Center for Education Statistics (NCES). However, this is a ballpark figure. The actual cost of an online information technology degree depends on the school and whether it is public or private. Other factors that influence schooling costs are books, educational supplies, technical requirements, board, and other program fees.

How to Pay for an Online PhD Program in Information Technology

You can pay for an online PhD program in information technology by making an upfront payment or through installments. Some schools allow students to pay their college tuition rates in installments at different stages of the program. Students can also explore a financing option like a grant, bursary, a private loan, and a scholarship.

It is not uncommon to find employers who cover the costs of an online PhD in Information Technology for their employees. You should check if the company you work for has an employer tuition reimbursement program.

How to Get an Online PhD for Free

You cannot get an online PhD in Information Technology for free as there are no fully funded online PhDs in Information Technology. However, students can apply for financial aid, tuition discounts, grants, and scholarships. Online doctorate students can apply for the Free Application for Federal Student Aid (FAFSA) .

What Is the Most Affordable Online PhD in Information Technology Degree Program?

The most affordable online PhD in Information Technology degree program is the Doctor of Science in Computer Science at Aspen University. It has a tuition cost of $24,800. This cost may vary depending on the transfer credits awarded, fees incurred, and the cost of textbooks.

Most Affordable Online PhD Programs in Information Technology: In Brief

Why You Should Get an Online PhD in Information Technology

You should get an online PhD in Information Technology because it opens a wide range of opportunities in different aspects of tech, such as information systems management, data science, cyber security, software engineering, and application development.

Top Reasons for Getting a PhD in Information Technology

• Increased career opportunities. An online PhD in Information Technology can give you an edge in the job market. Today’s job market has become very competitive, but a doctoral degree can set you apart.
• Higher salary. PhD degree holders earn higher salaries than master’s and bachelor’s degree holders. According to the US Bureau of Labor Statistics, people with advanced degrees earn a median weekly salary of $1,885 . Master’s and bachelor’s degree holders earn $1,545 and $1,305, respectively.
• Contribution to the information technology field. A PhD in Information Technology allows you to conduct research on areas you are passionate about and make important discoveries in your chosen specialization.
• Specialized knowledge. Getting a PhD in Information Technology builds on your knowledge from a master‘s degree. You will delve into complex topics in specialized fields, conduct research, and put theories into practice.

Best Master’s Degree Programs

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What Is the Difference Between an On-Campus Information Technology PhD and an Online PhD in Information Technology?

The difference between an on-campus information technology PhD and an online PhD in Information Technology is affordability, flexibility, availability of funding, contact with faculty, and delivery format.

Online PhD vs On-Campus PhD: Key Differences

• Affordability. An online PhD is far less expensive than an on-campus PhD. This makes it more affordable as students will be spared from extra expenses such as accommodation and transportation.
• Flexibility. Compared to on-campus programs where students must be physically present at lecture times, the online program offers more flexibility for students. Online classes can be fully asynchronous, making it ideal for busy students.
• Availability of funding. There is limited funding for online PhD students. Whereas on-campus PhD students have access to full funding opportunities on the university campus.
• Contact with faculty. Online PhD students may have limited access to university faculty. On-campus graduate students, on the other hand, can physically interact with academic faculty.

How to Get a PhD in Information Technology Online: A Step-by-Step Guide

To get a PhD in Information Technology online, you need to apply to a school that offers an online Doctorate in Information Technology, gain admission, enroll, complete college credits requirements, and write a dissertation. Below is an explanation of the steps you will take.

The first step to getting an online PhD in Information Technology is to apply online through the school’s application page. Look for schools that offer your desired program. Also, consider the school’s accreditation, flexibility, cost, student services, and career counseling services.

You are required to go through an application process to gain admission. Each school has specific admission requirements that applicants must satisfy to be eligible for admission. Ensure you have all the information about the program before moving forward.

Once enrolled, to obtain the degree, you must complete the information technology degree requirements. These include core courses, specialization courses, virtual doctoral residencies, and a dissertation. The dissertation serves as the capstone for the PhD program that allows students to showcase their newly-acquired knowledge.

Online PhD in Information Technology Salary and Job Outlook

An online PhD in Information Technology opens career pathways to leadership positions in a wide range of industries such as manufacturing, finance, insurance, public administration, and education.

What Can You Do With an Online Doctorate in Information Technology?

With an online Doctorate in Information Technology, you can land top careers in information technology such as an IT director, computer and information research scientist, information security analyst, data scientist, and software developer.

Best Jobs with a PhD in Information Technology

• IT Director
• Computer and Information Research Scientist
• Information Security Analyst
• Computer or Information System Manager
• Software Developer

Potential Careers With an Information Technology Degree

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What Is the Average Salary for an Online PhD Holder in Information Technology?

The average salary for a PhD in Information Technology is $130,000 per year , according to PayScale. An online PhD in Information Technology promises a favorable return on investment. It equips students with the expertise to get lucrative roles in the tech industry.

Highest-Paying Information Technology Jobs for PhD Grads

Best Information Technology Jobs for Online PhD Holders

This section contains an overview of the best information technology jobs for online PhD holders. Here you will find the job outlook between 2020 and 2030, the annual wage, the number of jobs, and the highest-paying states.

Computer and information system managers, also called information technology (IT) managers or IT project managers, oversee and direct all computer-related operations of a company. They diagnose their organization’s technological needs and create a plan to satisfy those needs.

• Salary with an Information Technology PhD: $159,010
• Job Outlook: 11% job growth from 2020 to 2030
• Number of Jobs: 482,000
• Highest-Paying States: New York, California, New Jersey, Washington, District of Columbia

Computer and information research scientists employ theories and models to solve problems in computing, business, and medicine. They develop software systems, programming languages, and computing tools to improve human interaction with computer systems.

• Salary with an Information Technology PhD: $131,490
• Job Outlook: 22% job growth from 2020 to 2030
• Number of Jobs: 33,000
• Highest-Paying States: Oregon, Arizona, Texas, Massachusetts, Washington

IT directors manage and direct the IT operations of their companies. They lead the IT department and are responsible for creating effective strategies for hardware and software deployment, systems management, and enterprise information. They also review the performance of IT systems.

• Salary with an Information Technology PhD: $122,266
• Highest-Paying States:   New York, California, New Jersey, Washington, District of Columbia

Software developers create applications, computer programs, and operating systems. They identify user needs and build software to meet those needs. They collaborate with quality assurance analysts and testers in the software development process.

• Salary with an Information Technology PhD: $110,140
• Number of Jobs: 1,847,900
• Highest-Paying States: Washington, California, New York, Massachusetts, District of Columbia

Information security experts are responsible for planning and executing security measures such as firewalls and data encryption programs to protect an organization’s computer systems. They also monitor vulnerabilities to cyber attacks and develop security protocols and products for their organization.

• Salary with an Information Technology PhD: $102,600
• Job Outlook: 33% job growth from 2020 to 2030
• Number of Jobs: 141,200
• Highest-Paying States: California, New York, Maryland, Iowa, District of Columbia

Bonus: Top 7 Online Colleges for a PhD in Information Technology in the US

University of the cumberlands.

The University of the Cumberlands offers a great, online PhD program in information technology. You can work at your own pace through this program. To apply here, students are required to have earned a master’s degree with a GPA of 3.0 or higher.

Capella University

Capella University’s PhD program focuses on IT management, making it a good option for anyone looking to work specifically in leadership positions. Students in this program will be required to take speciality courses in that area. To earn a doctorate through this school, students must write a dissertation.

Walden University

Walden University caters to the needs of all students, whether they have just earned their undergrad degree or are already professionals in the IT field. Its PhD information technology program offers two paths for students. The path made for those who have earned a master’s degree requires 64 credit hours split between coursework and doctoral study, while the second option is for more unique cases and requires 76 credit hours. Both paths involve a dissertation and academic residencies.

California Intercontinental University

At the California Intercontinental University, a DBA program in information systems is offered.  This program is designed to be faster-paced than your average college degree program, with the average graduate student completing it in just 2 years.  Like the other programs, there is a dissertation required to earn the degree.

Indiana State University

Indiana State University offers something a bit different, but just as useful for those wanting to break into the IT field: a PhD in technology management. For this program, students choose an area of specialization and rather than a dissertation, will complete an academic residency.

Northcentral University

If you choose to attend Northcentral University, you will complete a PhD in technology and innovation management. This doctorate is designed more for those already in the field of IT who are looking to further their careers by developing their skills. The program includes coursework and a lot of opportunities for hands-on experience.

Bowling Green State University

Finally, we have Bowling Green State University. The online program offered through this university is a PhD in technology management. The unique aspect of this program is that the school works alongside other universities to create the best possible coursework for their students, as well as the ability to choose between many different areas of specialization.

Attending any of the above schools to get your PhD in Information Technology would be a great career move. By completing everything in an online setting, you display your time management and organization skills, as well as your dedication, to potential employers; in fact, many employers are now more impressed by online degrees than on-campus degrees, especially when it comes to doctorates.

Is It Worth It to Do a PhD in Information Technology Online?

Yes, it is worth it to do a PhD in Information Technology. It provides the specialized knowledge to get high-paying job roles across many industries. The US Bureau of Labor Statistics predicts that information technology jobs will grow by 13 percent by 2030. This translates to 667,600 new jobs. Further, a PhD in Information Technology is a return on investment. Someone with an IT doctorate will earn higher than those with an IT bachelor’s or master’s degree.

All in all, pursuing an online PhD in Information Technology can be intimidating, but it will help advance your career. Once you begin online classes and get into the groove of working at your own pace, you will likely find that you enjoy online college and will be happy you made the decision.

With a PhD in IT under your belt, you are guaranteed almost any related job you apply for with a great salary. The online universities listed above are all great places to apply, and once you get accepted, you’ll earn your doctorate quicker than you ever expected!

Additional Reading About Information Technology

[query_class_embed] https://careerkarma.com/blog/information-technology-bachelors-degrees/ https://careerkarma.com/blog/best-online-information-technology-bachelors-degrees/ https://careerkarma.com/blog/information-technology-associate-degrees/

Online PhD in Information Technology FAQ

Yes, you can do a PhD in Information Technology at a distance with an online college. There are a lot of schools that offer distance learning PhD programs for people who cannot physically come to the university campus. An online PhD can give you the same access to job opportunities as an in-person graduate degree in the public and private sectors.

No, it is impossible to finish the coursework for a PhD program in one year. The program usually takes three to five years. Depending on your schedule and course load, you may be able to complete the program within three years and join a market of technology professionals.

Yes, most PhD programs consider your master’s and bachelor’s GPA. Although, the master’s CGPA is the most important in the PhD admissions process. As a general rule, for an online or on-campus program, students should have a master’s GPA of at least 3.0 on a 4.0 scale to remain competitive.

Some of the subjects that are included in a PhD in Information Technology are cyber security and information assurance, information technology strategic management, data-driven decisions, and data and business analytics.

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Earning A Ph.D. In Cybersecurity: Everything You Need To Know

Updated: Jan 1, 2024, 3:30pm

A Ph.D. in cybersecurity prepares graduates for advanced, high-level job opportunities, including roles in research, education and management.

Cybersecurity Ph.D. programs allow students and professionals to build on their knowledge and skills. Candidates gain experience working with emerging technologies across artificial intelligence, data science and cloud computing to optimize organizational performance. This article overviews cybersecurity doctoral degree options, including standard admission requirements, common coursework and potential career paths.

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What to Expect From a Ph.D. in Cybersecurity

A Ph.D. in cybersecurity provides students with a comprehensive education encompassing technology, data science, leadership, management, ethics and policy. Requirements, course loads and curriculums for these programs vary by school. In most cases, students need to complete between 50 and 70 credits, which typically takes three to seven years.

Several components make up the Ph.D. curriculum, including professional research and theory, an extensive literature review and dissertation preparation. In addition to coursework, Ph.D. students must fulfill teaching and research responsibilities.

Core concepts and topics can include:

• Machine learning
• Information theory
• Applied cryptology
• Theory of computation
• Artificial intelligence
• Network security

Degree Finder

Doctor of philosophy vs. doctor of science vs. doctor of information technology.

When deciding which cybersecurity doctoral program to pursue, you can choose from the following degree options:

• Ph.D. in cybersecurity
• Doctor of Science (D.Sc.) in cybersecurity
• Doctor of Information Technology (DIT)

Ph.D. in Cybersecurity

In general, a Ph.D. in cybersecurity is a research-based degree program that prepares graduates for advanced roles in academia. This degree focuses on research and theory, catering to students and professionals looking to expand their teaching opportunities and become professors or researchers.

D.Sc. in Cybersecurity

A D.Sc. focuses on practical applications of theory in management and leadership roles. Students may research cybersecurity’s emerging theoretical and technical components. This degree suits students who are interested in policy development.

A D.I.T. program serves professionals who are looking to advance their knowledge and expertise in technology and computing. Learners may develop the skills needed to lead an organization. Students can choose a specialization, such as cybersecurity, computer science or data science.

What Kinds of Exams are Required During a Ph.D. Program?

In addition to coursework and a dissertation, students working toward their cybersecurity doctorate must complete exams. In most Ph.D. programs, learners must take three exams.

• A qualifying exam, which occurs during the early stages of the program
• A preliminary exam to demonstrate a candidate’s readiness to begin their dissertation and research
• The final exam, through which a candidate defends their dissertation and research work

Common Courses in a Cybersecurity Ph.D.

Coursework for cybersecurity Ph.D. programs varies among schools. Each program sets a unique curriculum. Below you’ll find just a few examples and variations of common course titles for cybersecurity doctoral programs.

Advanced Security Risk Management and Assessment

Courses on advanced security risk management and assessment provide an overview of methodologies for strategic decision-making. Students analyze various management techniques to develop cyber defense procedures to reduce and address breaches.

Research and Practice in Information Technology

In courses on research and practice in information technology, students analyze research across the spectrum of IT disciplines. Learners review concepts, methodologies and techniques used in computer science, information systems, information management and software engineering research.

This course introduces students to key research paradigms, including the principles of research ethics, design and methods of data collection and analysis as relevant to IT research.

Law, Policy, Ethics and Compliance

Courses on law, policy, ethics and compliance provide an overview of legal, ethical and policy-related cybersecurity issues. Students analyze domestic and international security law, compliance issues and legal principles. Learners critically evaluate policy documents across business sectors to understand how to comply with varying laws and regulations while addressing cybersecurity challenges.

Dissertation

Each doctoral candidate must write a dissertation, or a formal research paper, that presents findings from original research carried out during the duration of the program under the guidance of faculty advisors. Students create the documentation for their dissertation topic, obtain approval from advisors and submit any required information to their institution’s research board.

How to Get Admitted to a Cybersecurity Doctoral Program

The admission requirements for a cybersecurity doctoral program can differ depending on the school. Typically, applicants must have at least an undergraduate degree, such as a bachelor’s degree in cybersecurity . However, some programs require a master’s in cybersecurity or a related subject.

Ph.D. students coming from undergraduate programs may earn their master’s degrees as they complete their doctoral requirements. Those coming from master’s programs may have to complete fewer credits to earn their doctorate.

In addition to submitting a completed application and paying any application fees, standard admission requirements typically include the following.

• Submit undergraduate transcripts.
• Meet a minimum GPA requirement.
• Submit GRE scores.
• Submit letters of recommendation.
• Write an admissions essay or personal statement.
• Submit a résumé or CV with relevant professional experience and educational accomplishments.

What Can You Do With a Ph.D. in Cybersecurity?

Is this cybersecurity degree worth it? A Ph.D. in cybersecurity can help you qualify for various management positions, teaching jobs, research roles and other career opportunities in the information security field.

Below we list some potential careers for cybersecurity doctoral graduates. Cybersecurity job requirements vary widely depending on the specific title and organization. While the main responsibilities for each role are generally consistent across the field, details may vary among industries and workplaces.

We sourced the below salary data from Payscale .

Chief Information Security Officer

Average Annual Salary : Over $174,000 per year Qualifications : At least a master’s degree in cybersecurity, computer science, IT or a closely related field Job Description : A chief information security officer (CISO) is a C-suite management role. These professionals oversee information and data security for an organization, along with IT. CISOs offer strategic oversight on the design, development, implementation and maintenance of security solutions. They ensure organizations are adhering to necessary regulations, protocols and legal obligations.

Director of Operations

Average Annual Salary : Over $100,000 per year Qualifications : A master’s degree is the minimum educational requirement. Certifications and extensive experience can give you an advantage. Job Description : A director of operations oversees an organization’s cybersecurity operations and incident responses. They are responsible for building and cultivating integrated teams to address cyberattacks and threats. These professionals are accountable for timely and strategic responses to risks and security threats.

Education Program Director

Average Annual Salary : Over $68,000 per year Qualifications : At least a master’s degree and relevant work experience Job Description : Education program directors design and implement educational programs for the public or members of an organization. These professionals oversee all aspects of organizational initiatives, budgets and hiring staff. Education program directors develop various educational materials, including the curriculum for classes and content for conferences and lectures.

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Frequently Asked Questions About Cybersecurity Ph.D.s

Is it worth getting a ph.d. in cybersecurity.

Earning a Ph.D. in cybersecurity can expand your career opportunities, increase your earning potential and help you qualify for high-level management positions. The U.S. Bureau of Labor Statistics (BLS) projects employment opportunities for information security specialists, including cybersecurity professionals, to grow by 32% from 2022 to 2032.

What can I do with a Ph.D. in cybersecurity?

A Ph.D. in cybersecurity is the highest academic credential available in the field. Depending on your degree option, you can qualify for positions in the education sector to teach, apply for leadership positions and pursue other high-level positions in the field.

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Unlocking PhD Salaries and Opportunities

The pursuit of a PhD represents a pinnacle of academic achievement, epitomizing years of rigorous study, research, and expertise in a specific field. For many, this educational journey is a labour of love, driven by a passion for knowledge and a desire to contribute to the global pool of understanding. However, as one nears the end of this formidable academic odyssey, questions about what lies beyond the ivory tower become increasingly pertinent.

Among the myriad concerns that occupy the mind of a PhD candidate nearing graduation, one that often looms large is the financial aspect. What can one expect in terms of compensation and career opportunities after investing so much in education and research? Understanding the salary landscape for PhD holders is crucial not only for financial planning but also for making informed decisions about the direction of one’s career.

PhD salaries encompass a wide spectrum of earnings based on fields, regions, and industry choices. In academia, postdocs start at around $40,000 while tenured professors can earn $90,000 and above. Private sector salaries often range from $70,000 to well over $150,000, influenced by specialization and experience.

In this article, we delve into the multifaceted world of post-PhD salaries, exploring the diverse factors that influence earnings. From the impact of one’s field of study and geographic location to the varying opportunities within academia, private industry, and public sectors, we aim to provide insights that can assist both current PhD candidates and those navigating their early careers post-doctorate.

Join us on this exploration as we unravel the intricacies of salary expectations for those who have achieved the esteemed PhD, shedding light on the possibilities that await beyond the academic threshold. Through comprehensive analysis and a global perspective, we endeavour to empower individuals to navigate their professional journey with clarity and confidence.

Introduction

How different fields influence phd salary expectations:, how cost of living and job demand in specific regions impact salaries:, variations in phd salary based on working in academia, private sector, government, or non-profit organizations:, typical salary range for postdocs in various fields:, salary expectations for entry-level faculty positions:, salaries increase with experience and tenure:, phd salary ranges in private companies related to different fields of study:, potential salaries in public service or non-profit organizations:, comparing salaries in different countries and regions for phd holders:.

• International Factors Affect PhD Salary - Exchange Rates and Cost of Living:

Salary Comparison Table for PhD Holders

Importance of networking for better job opportunities and salaries:, encouraging ongoing skill development to stay competitive in the job market:, advice on negotiating salaries and benefits effectively:.

• Before We Conclude....

Embarking on the path of a PhD is a significant intellectual and academic commitment, representing a scholarly voyage of deep exploration and expertise acquisition in a specialized area of knowledge. It is a journey marked by tireless research, critical analysis, and the creation of original contributions to the academic community. Graduating with a PhD is a hallmark moment, but it also raises important questions about the practical implications of this significant achievement.

Take, for instance, Dr. Sarah, who recently completed her PhD in Environmental Science. After years of devoted research on sustainable agricultural practices, climate change, and environmental policy, she now finds herself standing at the crossroads of academic and professional life. Like many PhD holders, Sarah is eager to apply her expertise and make a tangible difference in her field, but she is also keenly aware of the financial considerations that come with this next step.

This article seeks to address the crucial and often intricate matter of post-PhD salaries. It aims to unravel the enigma surrounding the financial aspect of life after the doctorate, a subject that is of paramount importance to those who have invested years in pursuit of advanced education. The purpose here is to shed light on the salary expectations that individuals with a PhD can anticipate across various sectors, fields of study, and global locations.

Just like Sarah, countless PhD graduates stand on the verge of a new phase in their careers. Understanding the earning potential, salary ranges, and factors that influence compensation is instrumental in making informed decisions. This article endeavours to provide a comprehensive guide, offering insights into the diverse avenues available for Ph.D. holders, and empowering them to navigate the professional landscape with foresight and financial prudence.

Factors Influencing PhD Salary

The field of study significantly impacts post-PhD salaries. For instance, a PhD holder in Computer Science might find higher-paying opportunities compared to someone in Sociology. This is due to the demand for specific skill sets and expertise in the job market. Let’s consider Dr. Alex, a PhD holder in Artificial Intelligence. As the tech industry continues to expand rapidly, professionals with expertise in AI are in high demand, often commanding lucrative salaries in both academia and the private sector.

Geographical location plays a pivotal role in determining PhD salaries. The cost of living, job demand, and regional economic conditions all influence compensation levels. For example, Dr. Emily, a PhD holder in Economics, might find higher-paying opportunities in urban centres like New York City or London due to the higher cost of living and increased demand for economists in financial hubs.

The industry or sector in which a PhD graduate works also heavily impacts their salary. Those in academia, while contributing to knowledge and education, may generally have different salary expectations compared to their counterparts in the private sector. For instance, Dr. Michael, with a PhD in Business Administration, may choose to work in a corporate role, often leading to higher remuneration and additional benefits compared to a position in a non-profit organization focused on social impact.

PhD Salaries in Academia

Postdoctoral positions are a common starting point for many PhD holders aiming for an academic career. Salaries can vary based on the field and location. For example, Dr. Ahmed, who completed his PhD in Biology and secured a postdoc position at a research institution, can expect a salary range of approximately $40,000 to $60,000 per year. However, in specialized fields like biomedical research, postdocs may earn higher, sometimes up to $70,000 annually.

As a PhD graduate progresses to an assistant professor position, the salary range increases. For instance, Dr. Sarah, who recently transitioned to an assistant professor role in Psychology at a reputable university, could expect a salary between $60,000 to $90,000 annually. This range may vary based on factors such as the university’s prestige, geographic location, and the demand for expertise in the field.

As faculty members gain experience and achieve tenure, their salaries typically increase. Dr. Johnson, who has been a tenured professor in Computer Science for over a decade, might earn a salary ranging from $90,000 to well over $150,000 annually, depending on the university’s profile and the region’s cost of living. Full professors, having extensive experience and research contributions, may even earn higher, especially in renowned institutions or in high-cost-of-living areas.

PhD Salaries Outside Academia

In the private sector, salaries for PhD holders can vary widely based on the industry and field of study. For example, Dr. Michael, who holds a PhD in Data Science, might secure a position in a tech company and command a salary ranging from $90,000 to $120,000 per year, given the high demand for data science expertise. On the other hand, Dr. Laura, with a PhD in Marketing, might find positions in consumer research or advertising agencies, earning a comparable salary range in a different industry.

PhD graduates often find fulfilling opportunities in government agencies or non-profit organizations. In these sectors, salaries may vary based on the role, responsibilities, and level of experience.

For instance, Dr. Patel, with a PhD in Public Health, might join a government health department and earn a salary ranging from $60,000 to $100,000 annually, depending on the specific position and location. Similarly, Dr. Nguyen, with a PhD in Education, could work for a non-profit focused on educational development, earning a salary in the range of $50,000 to $80,000 per year.

International Perspective

Salaries for PhD holders can vary significantly on a global scale. For instance, a PhD holder in Computer Science in the United States might earn an annual salary ranging from $70,000 to $150,000. In contrast, in India, a PhD holder in a similar field may earn a range of approximately $10,000 to $30,000 per year. The variation is influenced by factors such as the country’s economic development, demand for specialized skills, and cost of living.

International Factors Affect PhD Salary – Exchange Rates and Cost of Living:

Exchange rates and cost of living are crucial factors affecting salaries for PhD holders in different countries. Consider Dr. Anderson, a PhD holder in Environmental Engineering. If she relocates from the United Kingdom, where she earns £50,000 annually, to Switzerland, a country with a higher cost of living and strong currency, her equivalent salary might be around CHF 80,000. However, despite the seemingly higher salary, the increased cost of living might offset the apparent financial advantage.

Approximate salary comparison table for PhD holders based on working in academia, private sector, government, or non-profit organizations:

Please note that these figures are approximate and can vary based on several factors including location, experience, specific organization, and field of study.

Tips for Maximizing Salary Potential

Networking is paramount for advancing in any career. Dr. Rodriguez, a PhD holder in Finance, attended industry conferences, where she met professionals and academics. Through these connections, she was introduced to job openings that weren’t publicly advertised. Networking helped her secure a position as a financial consultant with a significantly higher salary than she initially anticipated.

Continuous learning and skill development are essential to stay competitive. Dr. Chen, a PhD holder in Artificial Intelligence, regularly took online courses to enhance his programming and machine learning skills. His dedication to staying updated with the latest technologies made him an attractive candidate for a leading tech company, and he was able to negotiate a higher salary based on his specialized expertise.

Dr. Davis, a PhD holder in Business Administration, stressed the importance of negotiation. When offered a position as a senior researcher in a biotech company, he researched industry salary standards and prepared a compelling case for a higher salary and additional benefits. Through effective negotiation, he secured a salary 15% higher than the initial offer, along with flexible work hours.

Before We Conclude….

Please visit my article category RESEARCH CAREERS for various career opportunities for PhD candidates before and after completion of PhD.

Here’s a tabular format listing prominent companies across various domains along with their respective URLs for PhD related career opportunities:

Please note that URLs and job opportunities may change over time, so it’s advisable to visit the respective company websites for the most up-to-date information on job openings and careers.

In this comprehensive exploration, we have dissected the various dimensions of salary expectations after obtaining a PhD. We started by understanding the factors influencing salaries, both within academia and beyond. From field of study and location to industry choice, these factors play a crucial role in determining one’s earning potential. We then examined the diverse salary landscapes in academia, private industry, government, and non-profit sectors. Furthermore, we emphasized the international perspective, shedding light on how salaries differ on a global scale. Lastly, we provided valuable tips on maximizing salary potential through networking, skill development, and effective negotiation.

Armed with the insights presented in this article, we encourage all aspiring and current PhD candidates to delve deeper into the salary landscapes of their respective fields. Further research, consultations with career advisors, and networking within their communities can provide a clearer picture of what to expect post-PhD. Knowledge is the cornerstone of success, and by acquiring a comprehensive understanding of salary expectations, individuals can confidently steer their career paths towards prosperity and fulfilment.

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Highest Paying Doctorate Degrees [2024 Guide]

We’ve identified the 25 highest paying doctorate degrees. Compare salaries and job prospects.

Completing a PhD may open up doors in terms of career advancement. Plus, it may not take as long as you think to complete if you enroll in the shortest doctoral programs .

Editorial Listing ShortCode:

The following list contains the highest paying doctorate degrees along with career outlook and job growth statistics.

25 Highest Paying Doctorate Degrees

All career statistics and salary data are provided by the U.S. Bureau of Labor Statistics .

Click on the area of study you’re interested in to jump to that section.

Aerospace Engineering

Chemical engineering, pharmacology, business administration, cybersecurity, electrical engineering, data science, biochemistry, information security assurance, biomedical engineering, information technology and computer science, occupational therapy, criminal justice, engineering, organic chemistry.

While all of these industries are growing, some provide better job prospects than others.

• Annual Median Salary (Bureau of Labor Statistics): $208,000
• Job Growth: 4%

One of the more specialized high paying doctorate programs is in immunology. Immunology is the study of disease prevention and immunity. Due to the specialized nature of the study here, jobs are typically well paid and much more specific.

A person who has studied immunology may be expected to work in research or academia but is also likely to land high-paying roles within the medical industry and at hospitals. The demand for this area of expertise is also rising faster than the average job growth, meaning there should be plenty of opportunities for graduates.

A PhD in immunology is a lot of hard work and is, therefore, suited to someone who already has considerable experience working in the medical industry. Those with an academic background in medicine should consider applying for an immunology program.

• Annual Median Salary (Bureau of Labor Statistics): $129,850
• Job Growth: 7%

Of the three main sciences, physics can be the one that is the most fruitful for taking a doctorate. People who take a PhD in physics are likely to land themselves a position as either a researcher or a professor.

There are also several other high paying positions that are possible for someone who takes this career path, including more specialized roles or becoming lead physicists and consultants.

Physics is also one of the job markets that is predicted to see a considerable amount of growth for the next 10 years. Pursuing a physics doctorate can be perfect for someone who already has experience in physics or someone who already has either a bachelor’s or master’s degree in the subject combined with some practical experience.

• Annual Median Salary (Bureau of Labor Statistics): $118,610
• Job Growth: 3%

Aerospace engineering is a field that would likely attract those who already have a background in either science or engineering. It is one of the fastest growing industries in the world, and demand for jobs is expected to increase as the years roll by. So the length it takes to get a PhD should be taken into consideration so you can quickly enter this field during its booming growth.

The doctorate focuses on the engineering of various different types of spacecraft and can be incredibly demanding. According to the Bureau of Labor Statistics, the salary potential for this field is as high as $171,220.

• Annual Median Salary (Bureau of Labor Statistics): $110,860

Math may not be the glamorous subject to study at doctorate level, but it can open up a wide range of potentially lucrative career options.

Math can allow students to work in various sectors of the economy and business, and they may also work in research or as a math lecturer or professor at a top university.

• Annual Median Salary (Bureau of Labor Statistics): $109,760
• Job Growth: 5%

Taking a doctorate in management can be a logical step in the career of someone who has a history of working in business, project management, or the economy as well as several other sectors.

Earning this doctorate can open up chief executive roles within companies and roles like chief operations officer and supply chain management. It may also lead to regional and national management roles.

• Annual Median Salary (Bureau of Labor Statistics): $108,540

Another engineering-based field that presents doctorate students with some big money career options is chemical engineering. The field combines a number of different disciplines, including all of the sciences, math, and statistics, as well as engineering.

It is a complex doctorate to take, but the rewards may be worth the effort, with the Bureau of Labor Statistics showing salaries up to $168,960 available in this field.

• Annual Median Salary (Bureau of Labor Statistics): $108,350
• Job Growth: 14%

One of the most popular PhDs to take is in economics. Economics is a social science that studies and theories about the production and consumption of goods and the effect that this has on society and the economy.

Taking a PhD in economics may open up a lot of doors. Working in the financial sector is usually lucrative, and a doctorate in economics can help give you an edge over competitors in what is a notoriously feisty industry. Top earners can make around $198,230 per year.

Economics analysis is a skill that is highly sought after, especially in the medical, legal, and education sectors.

While on the face of it, some people may believe that studying economics leaves you consigned to an office for the majority of your working life, the reality is that it can open up a lot of doors in a lot of different sectors. It may also provide you with a lot of travel opportunities and chances to meet new people.

A doctorate in economics may be perfect for someone who already has some experience in the field or for someone who has studied economics, math, finance, or business to a higher level and wants to take the next step in their academic and professional career.

• Annual Median Salary (Bureau of Labor Statistics): $107,270
• Job Growth: 6%

Pharmacology is big business these days, and taking a doctorate in the subject may lead to some lucrative opportunities. It is expected that someone who wants to study pharmacology will have a background in the subject with a master’s degree being heavily preferred.

There are a lot of pre-requisites for getting onto a pharmacology doctorate program, but the Bureau of Labor Statistics is showing salaries going as high as $164,980.

• Annual Median Salary (Bureau of Labor Statistics): $103,650

Getting a doctorate in business administration can open up a lot of doors. Students who end up taking their doctorate in business administration often end up working as leading and chief executives as well as entrepreneurs and financial advisors.

According to the Bureau of Labor Statistics, salaries for someone with a doctorate in this field can be as high as $208,000. It can be ideal for someone who has a background in business or economics who wants to take the next step in their career.

• Annual Median Salary (Bureau of Labor Statistics): $103,590
• Job Growth: 31%

As the world of IT continues to grow, so does the demand for more and more cybersecurity. The field is one of the fastest-growing in the world, and getting a doctorate in the subject may land you a range of different high paying jobs.

According to the Bureau of Labor Statistics, roles like IT managers can offer doctorates a salary of up to $208,000. This sector is also constantly growing, and as such, the demand and the salaries should continue to grow as time passes.

• Annual Median Salary (Bureau of Labor Statistics): $100,830

When it comes to job demand, electrical engineering is one of the safest career paths to go down. Electrical engineering has a huge impact on our day-to-day lives.

Most of our day-to-day electrical appliances exist as a result of electrical engineering, and taking a doctorate in the field may open the door to some pretty lucrative research and project management positions. It is advised that someone who takes a PhD in electrical engineering already have practical experience in the field.

• Annual Median Salary (Bureau of Labor Statistics): $98,490

A doctorate in education can open up a lot of different career options in that sector. A lot of doctors of education end up working in either research or in top positions at schools as principals and superintendents.

According to the Bureau of Labor Statistics, the average salary for someone working in education administration with a doctorate is around the $199,400 mark. A number of doctor of education programs do not require a dissertation .

• Annual Median Salary (Bureau of Labor Statistics): $98,230

Data is quickly becoming the most valuable commodity on the planet, and as such, the demand for data specialists and researchers is growing at an impressive rate.

Data science doctorates offer a gateway into these positions, and they usually come with some pretty high salaries. According to the U.S. Bureau of Labor Statistics, salary for a data scientist can go as high as $165,230, and with this field ever-expanding, the demand for these positions should continue to increase.

• Annual Median Salary (Bureau of Labor Statistics): $94,270

Biochemists study the chemical and physical makeup of living organisms. Due to the specialized nature of the subject, research positions in this sector typically pay incredibly well.

According to the Bureau of Labor Statistics, biochemist doctorates can start out at around $67,710 but can increase up to $169,860 or more. This doctorate may suit someone with a background in chemistry or some other science discipline.

• Annual Median Salary (Bureau of Labor Statistics): $92,870

Information assurance is a new discipline that has been created as a result of the times we live in. Information assurance is effectively another type of cybersecurity that is designed to protect people’s data from third parties and other potentially dangerous sources.

A background in any sort of computer or data-related field can be ideal for getting onto an information assurance course. Due to the increasing demand for data protection, jobs in this sector can be particularly lucrative, and the demand for these jobs is expected to increase as time rolls on.

The demand for experts in this industry is very high and is only predicted to grow over the next decade.

• Annual Median Salary (Bureau of Labor Statistics): $92,620

Biomedical engineering is becoming an incredibly popular field of research. It is an ever-growing and developing industry, and as such, the demand for expertise in the area is on the rise.

Getting a PhD in biomedical engineering is likely to secure you a lucrative research job for a university or a job in a hospital or the medical industry. According to the Bureau of Labor Statistics, an average salary in this field for a senior position ranges from $127,980 to $169,860.

• Annual Median Salary (Bureau of Labor Statistics): $92,270
• Job Growth: 35%

Statistics is one of the most versatile doctorates available today. Statistics are used in a wide range of different sectors, including finance, research, business, health care, government, and many others.

A doctorate in statistics can be ideal for someone who has a background in math or business. According to the Bureau of Labor Statistics, the top salary for someone working in statistics can be as high as $150,840.

• Annual Median Salary (Bureau of Labor Statistics): $91,250
• Job Growth: 11%

The world of IT is constantly growing, and as it does, the demand for experts grows with it. Getting a doctorate in information technology and computer science can be an incredibly lucrative career move, with the Bureau of Labor Statistics showing top earners taking home as high as $208,00.

The jobs that can be accessed, such as chief technology officers or research roles within the industry, tend to be incredibly well-paid. This doctorate attracts people who have backgrounds in IT-related fields, such as computer science or computer programming.

• Annual Median Salary (Bureau of Labor Statistics): $86,280
• Job Growth: 16%

For someone who already has experience working in occupational therapy, earning a doctorate in the field can be a huge benefit. Not only can it open the door for them to move up in the industry, but it can also expand their knowledge of the subject area.

It can provide them with theory-based research while also working on their leadership and management skills. According to the Bureau of Labor Statistics, occupational therapists holding a doctorate degree may reach a salary as high as $122,670.

The job growth for this doctorate is also incredibly high, which means it may be an excellent career path to enter in terms of job security.

• Annual Median Salary (Bureau of Labor Statistics): $86,110

The number of career options that are available to someone who has a doctorate in criminal justice is typically vast. Working as a criminologist, a criminal justice researcher, or a federal law agency admin can earn graduates a lot of money.

This course of study is best suited for someone who already has real-world experience working in the criminal justice or law sector.

• Annual Median Salary (Bureau of Labor Statistics): $83,160

Engineering jobs are almost always in demand, and while there are a lot of high paying jobs available for those who have an undergraduate or master’s degree, taking a doctorate in the field can really help you advance your career.

An engineering degree is already one of the highest paying associate degrees , highest paying bachelor degrees , as well as one of the highest paying masters degrees , but the doctorate can be perfect for someone who already has experience working in engineering and wants to take that next step in their career.

A director of engineering job title and other project management positions may offer some very high salaries, about $208,000 or more, according to the Bureau of Labor Statistics.

• Annual Median Salary (Bureau of Labor Statistics): $82,180

With the stigma around mental health finally disappearing, the demand for jobs in psychology is on the rise. While a normal degree or masters in psychology may allow you to get jobs as a psychiatrist or a psychologist, higher-paying positions can become available following a doctorate.

It may also open up roles in research and as a university lecturer in the subject. The doctorate is suited to someone who already has their masters in psychology or who has a significant amount of experience working in the field.

• Annual Median Salary (Bureau of Labor Statistics): $80,790
• Job Growth: 9%

Getting a degree in philosophy can potentially lead to a surprisingly lucrative career in research or working as a lecturer. The doctorate is suited for someone who wants to work in research and who has a background in philosophy or religious studies.

According to the Bureau of Labor Statistics, salaries in this field are around $80,790 per year working in a research role, and up to $180,360 for college professors.

• Annual Median Salary (Bureau of Labor Statistics): $79,300

Organic chemistry, perhaps more than any of the other sciences, can open up a lot of different career options for doctorates. As well as research and academic positions, someone who studies organic chemistry may be able to land a job in a number of different areas, including geology, the pharmaceutical industry, and engineering.

Organic chemistry is a notoriously difficult subject to study, though, so it is vital that you have a solid background in chemistry and some work experience before attempting to join the program. According to the Bureau of Labor Statistics, salaries can go as high as $139,650 in this field.

• Annual Median Salary (Bureau of Labor Statistics): $69,000
• Job Growth: 2%

A doctorate in English can open a range of different academic doors for potential students. A PhD in English may be perfect for someone who already has an academic background in the subject and can also be perfect for qualified teachers and writers looking to take the next step in their career.

According to the Bureau of Labor Statistics, a doctorate in English may qualify you for a potential career in a lecturing position with salaries as high as $180,360, as well as positions within the publishing industry.

What Are the Different Types of Doctorate Degrees?

There are six common types of terminal degrees.

• Doctor of Philosophy (Ph.D.) – Traditionally reserved for those who want to remain in the world of academia, Ph.D. degrees focus on maximizing your ability to impart this advanced knowledge to incoming students. Outside of teaching, Ph.D. candidates also focus on pushing the limits of research and theoretical study within their chosen fields.
• Doctor of Business Administration (DBA) – The DBA experience is all about turning your terminal research in the areas of finance, marketing, accounting, and other related fields into applicable real-world skills. DBA graduates traditionally work in the corporate sector as executive officers and other ranking members of various managerial teams.
• Doctor of Psychology (PsyD) – PsyD students aim to provide clinical services within a wide range of settings, including group, familial, medical, scholastic, and even corporate environments. Earning this degree can give you the power to serve as a practicing clinician or specialized counselor.
• Doctor of Education (EdD) – Capturing an EdD degree is the first step toward a leadership role within the corporate and administrative side of the education field. Working as a principal, district supervisor, or even regional superintendent all fit into the professional path of this degree.
• Doctor of Social Work (DSW) – If you’re interested in educating others on the best practices and leading theories of modern social work and community interaction, then a DSW program could be your option. Holders of this degree research and educate others in the social work field via hands-on training in the classroom and the office, as well as provide answers and guidance in unique or exceptional social issue cases.
• Doctor of Public Health (DPH) – Like most of the other degrees in this review, earning a DPH is all about the desire to lead others in a chosen workplace environment. In this case, that means maintaining residency as an administrator or public health coordinator at a hospital or a similar clinical setting.

The type of doctorate degree you will want to earn depends on your career goals and primarily whether you want to teach the subject or continue working in your field.

Campus or Online: Which One Is Right for You?

It’s no big secret that whichever doctorate route you choose, you will most likely be rewarded for your hard work and research via ample compensation. However, you can make this process a little easier on yourself by focusing on a path – either online or on-campus – that suits your unique needs and daily requirements.

While the appeal of the traditional college experience is the major selling point for the on-campus approach, working on your degree from home is a flexible alternative that can shape and mold itself to your current personal and professional schedule by allowing you to work on your research and coursework at your own pace.

Adding in that these doctorate programs often waive Graduate Record Examination (GRE) minimum scores based on your GPA, as well as reduce or completely remove residency requirements, is further proof that this approach is at least worth your consideration as you plan out your academic future.

Questions Related to Earning a Doctorate

Here are our answers to a few more questions you might have.

How Much Do PhD Graduates Earn?

PhD Graduates make on average close to $100,000, with some job positions paying nearer the $70,000 mark and others going well about $208,000 (Bureau of Labor Statistics).

There may be some who question whether it is worth taking the time to invest in a PhD. Doctorate programs require a lot of time and effort, but studies suggest that PhD students typically earn more and find it easier to attract higher-paying jobs than those with just an undergraduate or a master’s degree.

What Are the Highest Paying Degrees?

A lot of degrees can lead to well-paying jobs. The more specialized a degree is in a certain field, the higher the chances are that it will be well paying. These degrees currently tend to be those in the engineering sector, as these are the ones that offer the most in-demand jobs.

What Is the Highest Paying PhD Degrees?

Once again, this one will depend on how specialized your PhD is and how in-demand that expertise is at a given time. Engineering PhDs tend to be evergreen, while there is an increasing demand for those with PhDs and knowledge in computer science and other IT related subjects.

PhDs usually provide those who have them with a lot of the highest paying jobs opportunities.

Are There Any Degrees Higher than a PhD?

No, there are no higher degrees than a PhD.

A PhD, also regularly referred to as just a doctorate, is as high as you can go academically. It is a specialized research doctorate that demonstrates a high level of expertise in a field. Most people who obtain their PhD tend to stay on at universities as either a member of a research team or as a lecturer.

Do you need a masters to get a PhD ? While many PhD programs require you to earn a masters first, it is possible to earn your PhD without having earned a masters. These are the direct entry bachelor’s to PhD programs offered by some universities.

Getting Your Doctorate Degree

It is important that you take the time to do your research into what doctorate will help your career the most. Once you have done this, you can begin to find the right university and program for you and begin the next step in your academic and professional career.

Now that you understand your career prospects and doctorate opportunities, it’s time to lay out the blueprint for a successful future.

Outside of conducting research on each of the areas that interest you, feel free to use the search tool below to find accredited universities that offer online doctoral programs in your chosen field.

When paired up with the rest of what you’ve learned here, there’s nothing that can stop you from finding the right school – and program of study – to fit your personal and professional goals moving forward.

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Ph.D.s That Pay: The 15 Highest Paying Doctoral Degrees

Phd program rankings.

• Fully Funded PhDs in Education
• Doctor of Nursing Education
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• ALL Ph.D. Degree Program Rankings

Career Guides

• Acupuncture and Oriental Medicine
• Aerospace Engineering
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• Chemical Engineering (PhD CE)
• Chemistry (D.Chem.)
• Clinical Nutrition (D.C.N.)
• Speech-Language Pathology (CScD)
• Criminology (D.Crim.)
• Economics (DEc)
• Health Science (D.H.S./D.H.Sci)
• Library Science (D.L.S.)
• Molecular Biology (Phd Mol Biol)
• Occupational Safety and Health (D.O.S.H.)
• Physics (Ph.D. Physics)
• ALL PhD Career Guides

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• Self-Funding Your PhD
• Importance of Accreditation
• Online Ph.D. Support Groups
• Getting Accepted to an Online Ph.D.
• Common Fears of Ph.D. Students
• Habits of Successful People
• US Doctoral Degrees
• ALL VALUABLE RESOURCES

Frequently Asked Questions

• Why earn a Doctorate Degree?
• What are the Ph.D. Admission Requirements?
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• Ph.D. vs. Doctorate
• ALL FREQUENTLY ASKED QUESTIONS
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• ALL Ph.D. Highlights

What are the highest paying doctoral degrees ? Despite stories of candidates being “overqualified” for job openings, or potential employers passing over applicants with “useless” degrees, Ph.D. holders have the lowest average unemployment rate of any level of educational attainment.

Generally speaking, gaining more years of higher education is almost always good for your earnings potential!

Short of professional degrees (which include Doctors of Medicine and Juris Doctors, or lawyers), Ph.D.’s also earn the most over their lifetime when compared to other degree types. Take a look at the highest-paying doctoral degrees!

Additional Resources: America’s Most Popular PhD Degrees

The Highest Paying Doctoral Degrees

Now that we’ve covered the important factors that affect Ph.D. earnings (including industry and location of employment), let’s take a look at what specific highest-paying doctoral degrees are available on a national level.

We’ve looked at over 50 of the most common doctoral degree programs in terms of early career earnings, mid-career salaries, and “maximum” earnings. While there are obviously outliers with Ph.D. programs in many of these fields, “maximum” career earnings were taken by noting the earnings of the top 10% of earners with the degree in question, or the average salary for degree holders with the degree in a single city, whichever is greater.

Below we’ve ranked the highest paying doctoral degrees by their “maximum” salaries.

Ph.D. in Statistics

Statisticians utilize statistical analysis to aid in decision-making and product development in a wide range of industries. Commonly employed in business, health care, government roles, think tanks, technology, and non-profits, statisticians are in high demand among organizations that intake enough data to require statistical analysis.

Most statistician jobs require a master’s degree, so obtaining a doctoral degree in statistics helps statisticians to stand out even more in this sought-after profession. It’s noteworthy that doctorate degrees in statistics have one of the highest starting salaries of doctorate degrees surveyed. Their “maximum” salary, however, is slightly lower than the remaining professions in our ranking.

• Average Early Career Salary: $58,310
• Average Mid-Career Earnings: $67,230
• ‘Maximum’ Earnings: $78,760

SEE : DOCTOR OF STATISTICS (PH.D. STAT.) SALARY AND INFORMATION

Ph.D. in Biomedical Engineering

As populations age and health care becomes more reliant on big data and technology, Biomedical Engineering stands to play a more and more central role in healthcare solutions.

In fact, the Bureau of Labor Statistics notes that Biomedical Engineering roles are expected to increase by more than 5% in the next seven years. Presently a doctoral degree in Biomedical Engineering stands as the primary way to become involved with research in biomedical research.

Often paired with an M.D., some medical device makers who also practice as medical doctors make substantially more than the maximum salary listed below. Just looking at the Ph.D. in the subject, however, the most common job description includes designing, studying, or improving biomedical devices.

Common locations of employment for biomedical engineering include hospitals, consulting firms, research groups, university settings, and manufacturing companies. It’s worth noting that while early-career average earnings are on the lower end of our list, by mid-career, Ph.D.’s in biomedical research are farther into the pack.

• Average Early Career Earnings: $62,647
• Average Mid-Career Earnings: $70,619
• ‘Maximum’ Earnings: $88,164

SEE: DOCTOR OF BIOMEDICAL ENGINEERING (BME PH.D.) SALARY AND INFORMATION

Ph . d. in im munology.

Immunologists are medical researchers (and for those with M.D.s, practicing physicians) who focus on disease immunity. For those holding Ph.D.s in Immunology, common work settings include teaching in universities, research in universities or hospitals, policy-related roles, or research in public and private labs.

While dual M.D.s and Ph.D.s are often required to pursue research on your own as an immunologist, just one of these two degrees focused on immunology is required to obtain a position in public and private research settings.

Since 2004, there has been a widespread shortage of immunologists across the nation. This has led to 10%+ additional vacancies in job openings each year over the last decade. This has been reflected in the rising income of immunologists.

When looking at early, mid, and maximum salaries for immunologists, it’s of note that those holding both Ph.D.s and M.D.s stand to make substantially more than those with “just” a Ph.D. in the discipline.

• Average Early Career Salary: $248,453
• Average Mid-Career Earnings: $276,843
• ‘Maximum’ Earnings: $368,422

SEE: DOCTOR OF IMMUNOLOGY SALARY AND INFORMATION

Ph.d. in pharmacology.

Pharmaceuticals are big business, and pharmaceutical researchers are on both the front line with patients in need and scientific endeavors expanding the field. Those who pursue Ph.D. in pharmacology (a distinct degree from a Pharm.D.) are expected to have a master’s degree in related material.

Doctor of Pharmacy degrees, on the other hand, are shorter programs requiring 60-90 credit hours of prerequisites at the undergraduate level.

Pharm.D. programs prepare students for being pharmacists, while Ph.D.’s in pharmacology prepare students for research and instruction roles. While entry-level earnings are lower for Ph.D.s than Pharm.D’s, Ph.D.s can earn significantly more in research roles by their mid and late-career.

• Average Early Career Earnings: $112,065
• Average Mid-Career Earnings: $118,979
• ‘Maximum’ Earnings: $133,394

SEE: BEST ONLINE SCHOOLS FOR DOCTOR OF PHARMACY (PHARM.D.)

Ph.D. in Electrical Engineering

Electrical engineers are some of the most versatile engineering types, finding employment in aviation, consumer goods, technology, transportation, logistics, and a wide range of other industries. While most forms of electrical engineering already provide a steady and well-compensated gig for life, Ph.D.s in electrical engineering are highly sought after.

While a Ph.D. in electrical engineering may still do some engineering work (some will work exclusively on topics they have specialized in) many hold advanced degrees in engineering instead of supervising teams.

For roles like chief technology officer, head of product, staff research engineer, project expert, and director of research and development, having a doctorate degree in electrical engineering may help candidates to stand out in extremely competitive fields. Additionally, moving up the corporate ladder that far increases pay far beyond that of “run-of-the-mill” engineers.

For the top 10% of earners holding a Ph.D. in electrical engineering, over $78,000 in compensation is the norm, often ranging much higher depending on the role performed.

• Average Early Career Salary: $73,027
• Average Mid-Career Earnings: $77,006
• ‘Maximum’ Earnings: $88,708

SEE: DOCTOR OF ELECTRICAL ENGINEERING (D.E.E.) SALARY AND INFORMATION

Ph.d. in clinical psychology.

Ph.D.s in clinical psychology have a wide range of career paths to choose from. For those looking to practice clinical psychology, a 1-year externship program is often required, where students obtain experience working with patients. Ph.D.s will also often specialize in one area. Common areas include health psychology, child psychology, and neuropsychology.

Additionally, Ph.D.s in clinical psychology may elect to work in case management roles, as supervisors in treatment centers, in hospital settings, in education, in corporations, or in research settings.

This wide range of occupational settings creates quite a disparity between early-career earnings and the earnings of the upper 10th percentile of clinical psychologists, as one can see below. With this range of roles one can pursue with a Ph.D. in clinical psychology, however, comes great freedom.

This versatile degree can help those in need, advance the study of the human mind, enhance corporate efficiency, or help in the education of the next generation of psychologists.

• Average Early Career Earnings: $46,400
• Average Mid-Career Earnings: $79,800
• ‘Maximum’ Earnings: $138,600

SEE: DOCTOR OF CLINICAL PSYCHOLOGY (CLINPSYD) SALARY AND INFORMATION

Ph.d. in aerospace engineering.

Ph.D.s in Aerospace Engineering is one of the few sub-discipline degrees among doctoral engineering choices. While there are many Ph.D.s that may help you advance in aerospace engineering fields (physics, other engineering degrees, natural sciences, and so forth), aerospace engineering Ph.D.s often spend additional time diving into research on one subsystem of aerospace technologies.

For example, sensors, payload analysis, failure analysis, and so forth. With that said, a Ph.D. in any engineering discipline often provides a framework through which recipients can address any engineering problem.

And — even if not initially — many Ph.D.s in aerospace engineering find themselves working in other engineering fields, running their own companies, or moving into management. As one may expect, aerospace can be quite a lucrative field and includes employers such as NASA, defense contractors, branches of the military, airlines, vehicle manufacturers, telecommunications companies, and research opportunities at universities.

• Average Early Career Salary: $67,093
• Average Mid-Career Earnings: $74,236
• ‘Maximum’ Earnings: $84,112

SEE: Doctor of Aerospace Engineering (Ph.D. AE) Career Guide: Salary and Degree Info

Ph.d. in engineering.

Ph.D.s in engineering are research-based degrees that focus on engineering at a theoretical level and prepare the recipient for either a role as a researcher or university instructor or industry work.

A similar doctorate of engineering degree is also a research degree (unique among professional degrees) and is similar in many ways to Ph.D. in engineering save for a higher focus on industry applications.

Ph.D.’s in engineering are some of the most versatile engineering degrees at the doctoral level. However, they may require time for the recipient to gather domain-specific knowledge (say, engineering related to wind tunnels, power plants, or aircraft).

This is evidenced by the growth in salary from entry-level through the highest 10% of earners in which engineering Ph.D.’s can nearly double their salary.

• Average Early Career Earnings: $69,140
• Average Mid-Career Earnings: $121,830
• ‘Maximum’ Earnings: $174,530

Ph.D. in Chemical Engineering

Chemical engineering is a multidisciplinary field utilizing physics, chemistry, economics, engineering, and math to resolve problems related to producing, using, transforming, and transporting chemicals.

Chemical engineers are routinely involved with all manner of consumer and business-facing production environments, from creating new materials for diapers to hazard assessments to large manufacturing plants.

Almost any consumer product produced on a large scale likely had a chemical engineer involved with some portion of manufacturing. So one can imagine the demand for chemical engineers is high. In fact, around 8% more chemical engineering manufacturing jobs are expected to be open in the next seven years.

For those with Ph.D.s in the discipline, employment opportunities also exist in research, academia, consulting roles, and entrepreneurship.

• Average Early Career Earnings: $75,633
• Average Mid-Career Earnings: $83,381
• ‘Maximum’ Earnings: $99,727

SEE: Doctor of Chemical Engineering (PhD CE) Career Guide: Salary and Info

Ph.d. in physics.

Physics is the study of matter and the behavior of matter through space and time. When many think of physicists, they think of the cosmos. But many of the hardest engineering problems are also related to physics.

Those with Ph.D.s in physics will likely have specialized in one or more subject matter areas including optics, the physics of sound, atomic physics, nuclear physics, and gravitational physics, among many others. This often leads to important research roles in private industry or university settings.

From cars to spacecraft to telescopes, physicists have played integral roles in advancing products. With that said, even if Ph.D.s in physics have previously specialized in one area of science, physics helps to prepare scientists with the ability to think about a wide range of problems.

For this reason, many Ph.D.s in physics may find themselves in demand in a wide variety of industries throughout their career. And many talented physicists will find themselves well compensated.

• Average Early Career Salary: $65,995
• Average Mid-Career Earnings: $71,659
• ‘Maximum’ Earnings: $114,248

SEE: Doctor of Physics (Ph.D. Physics) Career Guide: Salary and Info

Ph.d. in organic chemistry.

Chemistry is the study of the structure, properties, and reactions between compounds and materials. Organic chemistry utilizes the same research methods to focus on organic matter.

The good news is that this collection of compounds and materials (those that contain carbon) comprise a majority of known chemicals. Furthermore, all living matter is the study of organic chemistry. This means that applications for analysis through organic chemistry are veritable and limitless.

From pharmaceuticals to natural resources and geology to chemical engineering, the results of organic chemistry are all around us. Unfortunately (or fortunately if this is not the case for you), organic chemistry is known by many as one of the “hardest” subjects taught in higher education. For those who can excel in the subject matter, a wide range of career opportunities and compensations are available.

• Average Early Career Earnings: $59,968
• Average Mid-Career Earnings: $67,470
• ‘Maximum’ Earnings: $84,061

Ph.D. in Biochemistry & Molecular Biology

Biochemistry is the scientific study of chemical processes related to or within living organisms. Molecular biology is an approach to studying biological mechanisms from a molecular level.

Together these fields of study offer a uniquely fine-grained way of studying living systems. While Ph.D.s in biochemistry and molecular biology are highly specialized, they find employment in a surprisingly wide range of settings.

From state crime labs to pharmaceutical development projects, biochemists and molecular biologists are often some of the most crucial specialists for ascertaining what goes on in our body at a molecular and chemical level.

Additionally, Ph.D. programs in these disciplines may, of course, find employment in research and instruction in university settings.

With this wide range of employment settings, there is also a wide range of compensation for biochemists. For the top 10% of earners, however, the field can be quite lucrative, making it our 4th highest-paying doctoral degree for 2022 and 2023.

• Average Early Career Earnings: $67,506
• Average Mid-Career Earnings: $73,701
• ‘Maximum’ Earnings: $82,048

SEE:  Doctor of Molecular Biology (PhD Mol Biol) Career Guide: Salary and Info

Ph.d. in computer science.

Computer science is the study of the theory of computation as well as the design of computational systems. Computer science as a field of study has nearly as many sub-disciplines are there are forms of computing technology.

Though many Ph.D. recipients in the field will have specialized in a handful of technologies or theoretical components related to computing, computer science is also an approach to problem-solving that lends itself to the solving of many engineering situations.

While many with computer science degrees will find themselves in roles such as software developers early in their career, gaining a doctoral degree in the discipline can help workers quickly advance to positions such as systems architect, researcher, or development positions in subdisciplines of computer science.

Particularly highly compensated subdisciplines within computer science include information assurance, machine learning, artificial intelligence, virtual reality, virtualization, and many others.

• Average Early Career Earnings: $117,667
• Average Mid-Career Earnings: $130,949
• ‘Maximum’ Earnings: $149,109

SEE: Best Online Doctor of Computer Science Degree Programs

Ph.d. in economics.

Economics is the social science that is intent on studying the production, consumption, and distribution of services and goods. Economic analysis often falls into a variety of categories that a Ph.D. candidate in economics could choose to focus on.

Broadly, these segments of economic analysis include micro and macroeconomics, theoretical analysis and applied analysis, normative and positive economics, and rational and behavioral economics.

As with all social sciences, each competing school of thought offers its own insights, and many are highly sought after in many domains of industry and public life. Economic analysis is particularly sought after in fields such as education, health care, criminology, and finance, among others.

A Ph.D. in economics can, of course, also elect to work in research or academic settings depending on their skill set. While early-career earnings are quite solid for those with Ph.D.s in economics, those moving into consulting roles or finance can command much higher salaries.

• Average Early Career Earnings: $78,124
• Average Mid-Career Earnings: $93,369
• ‘Maximum’ Earnings: $106,848

SEE:  Doctor of Economics (DEc) Career Guide: Salary and Info

Ph.d. in information assurance.

Information Assurance is a discipline just recently brought to prominence by the massive amount of data and information held in computing devices and networks. With the rise in prominence of the internet and connected devices, many corporations and public entities have been unable to keep up with cybersecurity demands.

As of 2019, over 1 million cybersecurity openings will be unfilled nationwide. Additionally, the average age of those currently working in cybersecurity is approaching 50, meaning a lack of younger talent.

Though they will still need hands-on experience at lower levels, Ph.D.s in information assurance are great candidates for being the go-to resource on cybersecurity for organizations. As such, being a Ph.D. in information assurance in many organizations could put you on a shortlist for advanced positions such as chief information security officer.

While the average early and mid-career salaries of information assurance Ph.D.s are quite strong, many C-Level information assurance roles can bring in $300,000+.

The top 10% of jobs for the highest-paying Ph.D. in Information Assurance bring in over $100,000 a year or more, making information assurance the highest-paying Ph.D. surveyed in this year’s ranking.

• Average Early Career Earnings: $86,682
• Average Mid-Career Earnings: $96,249
• ‘Maximum’ Earnings: $106,915

SEE:  Doctor of Information Assurance (Ph.D. IA) Career Guide: Salary and Info

What is a ph.d..

First, we should clarify exactly what degrees we’re talking about. A Ph.D. is an abbreviation for Doctorate of Philosophy. Ph.D. holders obtain Doctorate of Philosophy degrees in some subjects. Though “Philosophy” is in the title, this is largely a historical artifact from when the study of philosophy encompassed most of the traditional arts and sciences.

Today, someone holding a Doctorate of Philosophy in Statistics will have mainly studied statistics and supporting disciplines within their course of study. The underlying spirit of the degree still applies, however.

“Philosophy” means “lover of wisdom,” while a doctorate is the highest degree in a university. Therefore, a doctorate of philosophy is the highest degree awarded to a “lover of wisdom” within the university system.

Typically this means that Ph.D. graduates have endeavored upon unique and substantial research in their field of choice and have attempted to advance their field of study.

While there is a range of common doctorate degrees, many are not Ph.D.s.

This usage of the term Ph.D.– though technically correct — is contrary to the common usage of the term. In ordinary conversation, Ph.D. and “Doctorate” are often used interchangeably. The main exception to this rule is that many people do distinguish between common professional degrees (including medicine and law) and more research-centered Ph.D.s.

In our investigation, we’re looking specifically at Ph.D.s, and not professional doctoral degrees. Though in many of the most lucrative Ph.D.s listed below, we do discuss the differences and similarities between Ph.D.s and professional degrees in the same subject.

Does job location matter when considering the highest-paying doctorate degrees?

In employment, location matters. In fact, along with your line of work, the location may be the single most significant determinant of compensation.

After all, the minimum wage in some cities approaches the average wage of earners in some states. The average hourly wage in America as a whole more than triples in a handful of the most populous cities.

In short, no conversation about payment of Ph.D. is complete without reference to where the said Ph.D. is working. While looking at the earnings of the entire population in locations is a good indicator of whether or not Ph.D.s may make more in an area, Ph.D.s tend to occupy a disproportionately high degree of jobs in the most lucrative fields in a region.

In a region rich with natural resource extraction, many Ph.D.’s are likely employed in geology or natural resources. In an area rich with information technology organizations, more Ph.D.s in computer science are probably employed.

This is partially accounted for by the trend of universities with large research presences in a field helping to foster entrepreneurship in a given field throughout the region. High concentrations of researchers and university funding help to create more business opportunities. In turn, this draws more talent to the universities in the region.

This is to say that average earnings within a region are at times not directly tied to Ph.D. earnings. Rather, an average salary in a region may be quite low, while opportunities for Ph.D. holders may be centered around the most well-supported industries specific to the region. With that said, many of the highest-earning cities and states in the nation are also the centers of highest compensation for Ph.D. graduates with doctoral degrees.

Does the industry matter when considering the highest-paying doctorate degrees?

The industry employing a Ph.D. holder is equally important (and often tied) to the location in which doctoral workers work when talking of compensation. While many top universities have highly regarded programs in many disciplines, many universities are known for just a handful of programs are the graduate level. This leads to geographic clusters of Ph.D.s in very different industries.

An example of the above may be seen in the following. The University of Iowa and the University of Mississippi are both well-known for their graduate programs in creative writing. A disproportionately high number of graduate degree holders in the vicinity of both universities are writers or writing instructors.

Even Ph.D.-level graduates in English literature don’t lead to as high of an income as say, chemical engineering. This industry discrepancy (among others) leads to great clusters of highest-paying doctoral degrees in California’s Bay Area, or Minnesota’s Twin Cities region (both of which are home to top-ranked chemical engineering schools).

Along with location, the industry in which a Ph.D. works is integrally tied to earning power. Below is a sampling of average earnings for the highest-paying doctoral degree by industry.

See also: Top Free (or Cheap!) Online Ph.D. Level Courses

Check this out for more information: Jobs That Require a Ph.D. or Doctorate Degree

• PhD Salary in UK – Explained
• Funding a PhD

What Are PhD Salaries?

The average cost of undertaking a PhD in the UK is approximately £20,000 per academic year for UK students and £40,000 for international students. To help offset the cost of this, many students question whether undertaking a doctorate comes with a PhD salary.

The salary of a PhD student is governed by three factors: whether they’re assisting in undergraduate teaching, assisting in research, or have secured a PhD with a stipend. Depending on which of the three categories a student falls within, they will receive an income during their studies, however, the amount will differ by a substantial amount.

To help show you how you can fund your postgraduate degree and how much you can expect to earn whilst doing so, carry on reading below.

Types of PhD Salaries

There are three types of PhD degree salaries:

• Graduate Teaching Assistantships (GTAs) . In exchange for a salary, you’ll be required to assist in the delivery of one or more courses over a number of years. This includes, but is not limited to, marking student tutorials, supervising lab experiments and providing support to undergraduates during office hours. Besides this, you may have to teach a small section of the course itself. You can discover more about GTAs on King’s College London’s website.
• Research Assistantships (RAs) . In exchange for a salary, you assist a departmental professor with their research. In the ideal scenario, the professor you work with should also be your PhD supervisor and the research you’re asked to support with relates to your own doctoral project.
• Stipend via Studentship: A stipend is a non-repayable grant provided to doctoral students to help support their studies. A studentship covers a student’s tuition fees whilst a stipend covers a PhD student’s living costs. This includes outgoings such as rent, food, bills and basic travel. Unlike Graduate Teaching or Research Assistantships, stipends rarely have duties attached to them. The only expectation of receiving a stipend will be that you maintain continuous progress within your degree.

It’s worth noting these earning opportunities can be also be combined. For example, it’s possible to be a research assistant whilst also committing time to teach undergraduate students.

Average PhD Salary in UK

The average PhD student salary for teaching assistantships will vary depending on the level of responsibility you’re taking. However, to provide figures, past doctoral students have reported receiving approx. £10/hr for marking tutorials, £15/hr for leading laboratory sessions and up to £20/hr for leading undergraduate classes and tutorials.

The actual amount you can earn from teaching assistance will depend on the rate your department offers and the hours you can realistically take on. If you’re on a Graduate Teaching Assistantship programme, they will require you to dedicate a set number of hours per week. If you’re not on a GTA but would still like to earn an income through this scheme, you will likely need to commit several hours per week consistently. Although this can be a great way to earn whilst you study, you need to make sure you manage your time effectively as to not become overwhelmed by taking on an additional commitment.

The average salary for research assistantships will vary depending on the field of the doctoral degree you are enrolled in. Usually, these positions pay between £25,000 to £30,000 per year, however, it’s possible to come across positions which sit slightly outside of this. As a general rule of thumb, STEM assistors are paid more than non-STEM assistors.

In the UK, PhD students can receive a stipend which varies between £15,000 and £18,000 per annum. As part of the studentship your stipend is provided under, your tuition fees will also be paid for. UK tuition fees will vary between universities but are approximately £4,500 per year for doctoral courses starting in 2021/22 as per the UKRI recommendations .

Although £15,000 to £18,000 per year is the typical range for a stipend, some can be far greater than this. For example, Wellcome Trust , a research-charity based in London, offers an annual stipend of up to £23,300 and £26,000 for doctoral students located outside and within London, respectively.

Are PhD Salaries Taxed?

PhD stipends are tax free. Therefore, you don’t need to pay any income tax nor do you need to make any national insurance contributions. This means you’ll keep all the money you receive from an annual stipend. However, this is not the case for Research Assistants.

In the UK, Research Assistants are employed as university staff members and are paid a direct salary as opposed to a stipend. As a result, it will require you to pay tax on your earnings and make national insurance contributions.

To put this into perspective, for the 2019/20 UK tax year, you’re required to pay a 20% tax on any income above £12,500 but less than £50,000. You’re also required to make national insurance contributions of 12% of your weekly earnings over £166 but less than £962. This means that an annual Research Assistantship salary of £30,000 will equate to a take-home salary of £23,938 per year.

How to Get a PhD Stipend

To find research positions which offer stipends, we recommend you search our PhD database and filter by ‘funded’ positions.

Besides this, you can also secure a studentship from UK Research Councils or directly from your university as a scholarship. Independent organisations, such as charities and research trusts, and innovative firms within your industry also offer funding. You can read our PhD studentship guide to see how these work or our Where to find a PhD guide for further ideas.

Finding a PhD has never been this easy – search for a PhD by keyword, location or academic area of interest.

How to Get a Research Assistantship PhD

Unfortunately, research assistantships opportunities aren’t as common to come across compared to PhD stipends. Besides this, when they are available, they’re predominantly in STEM subjects such as computer science and engineering. The reason for this is these subjects usually have access to greater research grants and have a greater volume of practical work available.

To find a research assistantship, we recommend that you contact the university departments who host the courses you’re interested in directly. This is because research assistantships help professors with their research, and while they may require help, they may not be openly advertising for it. They may, therefore, be able to create a role for you within their department or put you into contact with one of their colleagues who already has an open position.

International Students

It’s worth noting that international students will have a harder time securing a funded PhD position than UK ‘home’ students will. This is largely because there are usually fewer funding opportunities available to international students, which as a result also attract significant competition.

Besides this, if you’re an international student studying in the UK you will most likely than not be on a Tier 4 visa. Although a Tier 4 visa will allow you to work to earn an additional income alongside any studentship you may have, there will be certain restrictions on what you can and can’t do. For example, during term-time, you won’t be allowed to work more than 20 hours per week. For a full list of restrictions, please refer to the government website.

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What Is a Business Analyst? 2024 Career Guide

Business analysts help maximize a business's effectiveness through data-driven decisions. Learn about what business analysts do and what it takes to become one.

Leer en español. (Read in Spanish.)

Business analysts use data to form business insights and recommend changes in businesses and other organizations. Business analysts can identify issues in virtually any part of an organization, including IT processes, organizational structures, or staff development.

As businesses seek to increase efficiency and reduce costs, business analytics has become an important component of their operations. Let’s take a closer look at what business analysts do and what it takes to get a job in business analytics. 

What does a business analyst do?

Business analysts identify areas where an organization can increase its efficiency and strengthen business processes. They often work closely with others throughout the business hierarchy to communicate their findings and help implement changes.

Tasks and duties can include:

Identifying and prioritizing the organization's functional and technical needs and requirements

Using SQL and Excel to analyze large data sets

Compiling charts, tables, and other elements of data visualization 

Creating financial models to support business decisions

Understanding business strategies, goals, and requirements

Planning enterprise architecture (the structure of a business)

Forecasting, budgeting, and performing both variance analysis and financial analysis

What's the difference between a business analyst and a data analyst?

Both data analysts and business analysts support data-driven decisions in their companies. Business analysts tend to focus more on recommending solutions for business needs, while data analysts work more closely with the data itself.

Read more: Data Analyst vs. Business Analyst: What’s the Difference?

Why pursue a career in business analysis?

Business analysts are in demand across industries, including finance, healthcare, education, IT, consulting, e-commerce , government, and manufacturing. As a business analyst, you'll have the opportunity to support your organization's success through data-driven insights. In business analytics, every day brings new challenges and new ways to put your skills into practice. If you enjoy collaborating, asking questions, solving problems, doing impactful work, bridging business and technology, a career as a business analyst could be a good fit.

If you're just starting out in business analysis, you might consider boosting your resume with credentials from an industry leader. You can gain hands-on experience with popular data tools like Power BI and Microsoft Excel in just 1 month while earning an employer-recognized certificate from Microsoft with the following flexible online program:

Business analyst salary

The average salary for business analysts in March 2024 in the United States is $83,137, according to Glassdoor [ 1 ]. Your earning potential will vary depending on the company, location, and amount of experience you have.

Job outlook

The demand for business analysts has increased in recent years and is projected to continue. The US Bureau of Labor Statistics (BLS) projects faster-than-average job growth between 2022 and 2032 for similar roles. Computer systems analyst jobs are expected to grow 10 percent, while operations research analyst jobs are expected to grow 23 percent [ 2 , 3 ]. Other related job titles include management analyst and operations analyst—both of which perform duties similar to business analysts.

Not ready to take classes or jump into a project yet? Consider subscribing to our weekly newsletter, Career Chat . It's a low-commitment way to stay current with industry trends and skills you can use to guide your career path.

How to become a business analyst

Becoming a business analyst may require gaining skills and credentials applicable to the work and the industry you're interested in. Coursework, certifications, or degrees can each aid your path to a job as a business analyst.

1. Sharpen your business analyst skills.

Here are some skills you’ll typically want to have as a business analyst. 

Business acumen: A solid understanding of finance, accounting, and business principles will help you surface what operational issues exist, and how best to address them.

Communication: A business analyst is often expected to communicate with several different players within an organization, including upper management and other teams. Being able to present your ideas clearly and convincingly—both verbally and in writing—will be a large asset as a business analyst.

Data analysis : Gathering, tracking, and analyzing performance metrics will be central to a business analysis role. Having a good grasp of data analysis and visualization tools like Tableau, Excel, and BI Tools can be useful. Some knowledge of a programming language like SQL may also come in handy.

Business analysis methodologies: Depending on your industry, it could help to be familiar with specific methodologies, like Agile Business Analysis, Six Sigma , or Rational Unified Process.

Industry expertise: Different industries have different business needs and challenges. Developing business solutions for an IT company might look different than it does for a health care company. Industry experience, even in another role, can give you a competitive edge when applying for jobs.

2. Take a course.

Refreshing your familiarity with the skills expected of a business analyst can show employers your knowledge is up to date. Coursework, either in person or online, can offer you a structured way to build skills employers value most.

Gain a holistic understanding of the job with courses in data analytics or business analytics . Or familiarize yourself with the tools used in business analytics through coursework in Tableau or Excel and MySQL .

3. Earn a business analyst certification.

Earning a certification can expand your skill set, potentially increasing your earnings or making you more competitive for jobs. Here are some business analysis certifications to consider:

IIBA Entry Certificate in Business Analysis (ECBA)

IIBA Certified Business Analysis Professional (CBAP)

IIBA Certification of Capability in Business Analysis (CCBA)

PMI Professional in Business Analytics (PMI-PBA)

If you’re just starting out as a business analyst, the ECBA can show hiring managers you’ve received several hours of training and know the basics of business analysis. If you have some experience with business analytics, the CBAP, CCBA, and PMI-PBA can show employers your competency and experience.

4. Consider a degree.

Many employers like to see at least a bachelor’s degree on your resume, though some may prefer candidates with a master’s degree .

Bachelor’s degrees: Bachelor’s degrees are common for entry-level positions in analytical fields, according to the BLS. Getting your bachelor's degree in a quantitative field like economics, finance, computer science, data science, statistics, information management, or a similar field can prepare you for business analysis jobs.

Master’s degrees and MBAs: Some employers might prefer candidates with a master’s degree in a relevant subject. You may also consider getting a Master of Business Administration (MBA) ; several programs offer specializations in business analytics. Getting your master's degree in business analytics or business administration could help advance your skills and knowledge, and give you a competitive advantage in the job search arena.

5. Start with an entry-level role.

Internships and entry-level positions in accounting, finance, or business settings can build your experience before you advance to a higher-level position. In your job search, look for titles like junior business analyst or entry-level business analyst. If you’re still in school, making an appointment with a career counselor can help you understand what opportunities are out there.

Sharpen your business analytics skills with Coursera

If a career in business analysis sounds interesting, start by exploring what this field is all about and building some foundational skills. Coursera offers a variety of courses to meet your needs.

For an introduction to business analytics, consider the University of Pennsylvania's Business Analytics Specialization or the University of Minnesota's Analysis for Business Systems course.

To practice using Excel, join John Hopkins University's Business Analytics with Excel course.

To delve deeper and earn a credential, consider the Google Business Intelligence Professional Certificate program.

Frequently asked questions (FAQ)

What is a business intelligence analyst ‎.

A business intelligence analyst , or BI analyst, is a hybrid role somewhere between data analyst and business analyst. BI analysts analyze, model, and visualize data on industry trends and the competitive landscape to help businesses drive profits. ‎

Is business analyst an IT job? ‎

Not all business analysts work for a company's IT department. If you're interested in both data analysis and IT, consider a role as an IT business analyst. In this job, you'd analyze the needs and pain points of the IT department, as well as recommend technology and business solutions. ‎

Should I become a data analyst or a business analyst? ‎

Business analytics might be a better fit if you're more business minded. If you enjoy working with numbers and excel in mathematics and statistics, then consider data analysis as a career path. Many of the skills overlap, so it's possible to start as a business analyst and move into a role as a data analyst (or vice versa). ‎

Article sources

Glassdoor. " Business Analyst Overview , https://www.glassdoor.com/Career/business-analyst-career_KO0,16.htm." Accessed March 20, 2024.

US Bureau of Labor Statistics. " Computer Systems Analysts , https://www.bls.gov/ooh/computer-and-information-technology/computer-systems-analysts.htm." Accessed March 20, 2024.

US Bureau of Labor Statistics. " Operations Research Analysts , https://www.bls.gov/ooh/math/operations-research-analysts.htm." Accessed March 20, 2024.

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This content has been made available for informational purposes only. Learners are advised to conduct additional research to ensure that courses and other credentials pursued meet their personal, professional, and financial goals.

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