Highest Paying Doctorate Degrees [2024 Guide]

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

Highest Paying Doctorate Degrees

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 .

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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.

immunologist checking a young patient

  • 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.

physicists researching in a laboratory

  • 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.

aerospace engineer checking a plane

  • 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.

math professor teaching in a university

  • 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.

team of professionals in a meeting

  • 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.

chemical engineer working in a laboratory

  • 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.

economics analyst working on her computer

  • 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.

pharmacist checking details of a medicine on computer

  • 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.

business professional working in the office

  • 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.

IT specialist working on her computer

  • 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.

electrical engineer working on wires

  • 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.

school principal checking the students before going on a field trip

  • 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 .

data specialists checking the data room

  • 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.

biochemist working in a laboratory

  • 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.

IT engineers working in data center

  • 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.

biomedical engineer working in a laboratory

  • 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.

statistician analyzing data and working on her laptop

  • 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.

computer programmers having a conversation

  • 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.

occupational therapist helping a patient during therapy session

  • 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.

forensic expert investigating a crime scene

  • 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.

engineering project manager supervising a construction

  • 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.

psychologist talking to a young child

  • 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.

philosophy professor teaching in a university

  • 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.

geologist examining a rock

  • 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.

professional writers checking the manuscript before printing in a publishing house

  • 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?

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?

doctorate student studying on her computer in a college library

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

Doctorate degrees

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?

Highest Paying PhD 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?

higher degrees than 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

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.

phd jobs in salary

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Top 10 Highest Paying PhD Degrees in 2024

Chriselle Sy

The highest possible degree you can get in any field is a doctorate or a PhD. Obtaining a doctoral degree can help to greatly further your career, but unfortunately, PhDs aren’t always that easy to earn. The average time a doctoral candidate spends to receive their PhD is anywhere from seven to ten years, and during this time, it also becomes a balancing act.

However, if you manage to earn your PhD, you stand to increase your salary by a significant amount. Chances are, you might also find more opportunities in the future.

The best doctorate degrees are always the ones that you’re passionate about. But, if you find yourself asking, “what should I get my PhD in?,” this list of the highest paying PhDs might just help you out if you’re looking to have a lucrative career.

Looking to get a master’s instead? Check out: Highest Paying Master’s Degrees You Can Get in 2024

Table of Contents

What’s the Best PhD to Get?

If you’re trying to figure out the best-paid PhD, we’ve compiled a list of the top 10 fields with the highest earning potential.

Here are some quick facts:

  • The PhD with the highest mid-career salary is in Chemical Engineering , with an average salary of $146,000 . This field also has a pretty good early career, with the average salary sitting at $96,100 .
  • When it comes to the highest early career earnings, a PhD in Computer Science  is your best bet since the average salary is $118,000 . This field also has one of the highest $145,000 .

It’s worth noting that your earning potential in any given field can also depend on your location. For example, a doctorate in computer science might earn you more money in San Francisco or other similar tech hubs. The best PhD degrees, at least for earning potential, can depend on where you intend to work.

Here are the best PhD degrees by salary, ranked from lowest to highest.

Here are the best PhD degrees by salary, ranked from lowest to highest.

Of course, the best doctorate degree for you depends on your particular situation. When answering the question “what should I get my PhD in?,” consider your preferences and interests as well as what you want to do in the future.

Top 10 Highest Paying PhD Degrees

The salary figures of the highest-paid PhD degrees depicted in this article were taken from PayScale and BLS.gov , based on data of those with PhDs.

10) Statistics

Salary in Early Career: $105,000

Salary in Mid Career: $131,000

BLS 2020-2030 Job Growth Outlook: 33%, much faster than average

Statisticians collect and analyze data via various statistical methods. They help various businesses, organizations, and even the healthcare industry collect and interpret data so they can solve problems, strategize, and plan ahead.

If you want a career as a statistician, you’ll need to have an undergraduate degree and a master’s degree at a minimum. Having a PhD in Statistics can help increase your earning potential by giving you an advantage over your peers.

The Bureau of Labor and Statistics (BLS) has the job outlook for mathematicians and statisticians growing by a projected 33% rate throughout 2020-2030. According to their website , this is a much faster growth rate than the average growth other fields are experiencing. It appears that statistics  qualifies for the most in-demand PhD degree — on this list, at least. Therefore we can suggest it as the best PhD for jobs, since it’ll be pretty easy to find one once you graduate.

9) Biomedical Engineering

Salary in Early Career: $88,100

Salary in Mid Career: $133,000

BLS 2020-2030 Job Growth Outlook: 6%, on the low end of average

In simple terms, biomedical engineering is the fusion of engineering, medicine, and biology. In particular, in this field, problem-solving techniques and principles used by engineering are applied to the fields of biology and medicine for healthcare. It’s an interdisciplinary field that is growing in popularity over time.

Biomedical engineering is continually evolving thanks to the constant pursuit of knowledge. Because of this, the field continues to grow and can always use people who know theory and are well versed in the life sciences.

Getting a PhD in this field can open up opportunities for you in a variety of areas. You can work in research, at universities, in manufacturing, and even in hospitals. A doctorate is required if you want to work in research or at universities.

The BLS  states that jobs in the biomedical engineering field are projected to grow at a 6% rate over the following seven years.

Salary in Early Career: $93,700

BLS 2020-2030 Job Growth Outlook: 7%, about average

If you’re interested in becoming a physicist, you’ll definitely need a PhD . Most careers for physicists, particularly in research and academia, require you to have a doctoral degree in the field. You can become a research advisor, a physics professor, a (lead) physicist, or a researcher.

According to the BLS , the job outlook for physicists is looking good. The projections are positive, sitting at a 7% increase until 2024, and this rate is on par with the average national growth rate for most occupations.

7) Engineering

Salary in Early Career: $93,600

Salary in Mid Career: $137,000

The world always needs engineers. However, a doctoral degree is not always necessary if you want to work as an engineer — unless, of course, you want to work in research. Research opportunities in the engineering field are only given to PhD candidates or graduates.

You can choose to go for a general track or a specialty such as materials science, mechanical engineering, computer engineering, and chemical engineering. If you have a PhD in engineering , you can take positions like project manager, engineering director, and specialty positions like aerospace engineer or chemical engineer.

6) Physical Chemistry

Salary in Early Career: $73,600

Salary in Mid Career: $138,000

Although the early career salary for PhD graduates of physical chemistry is one of the lowest on this list, it ramps up and is one of the highest-earning on this list in the mid-career.

But what exactly is physical chemistry?

Physical chemistry is a branch of chemistry that applies the theories and techniques of physics to chemical systems (or the study thereof). It’s the study of the behavior of matter on the atomic and molecular levels. Alongside this, physical chemistry is also the study of chemical reactions.

As a physical chemist, you’ll most likely work in labs and research facilities. These research opportunities are awarded only to those with PhDs, and a PhD can also open the door for even more lucrative careers in high-tech or materials science.

The job growth and outlook for physical chemists are below average. However, the average annual wage makes it one of the most profitable ones.

5) Pharmacology

Salary in Early Career: $75,400

Salary in Mid Career: $141,000

BLS 2020-2030 Job Growth Outlook: -2% decline

Pharmacology is the study of drugs and drug actions, or how drugs work within the body. It’s a branch of biology, medicine, and the pharmaceutical sciences. Having a PhD in pharmacology can help you find careers in research.

PhD programs  in this field often build upon other areas, such as biochemistry, molecular bio, cell bio, physiology, and neuroscience. Depending on the track you choose, you can become a researcher in a particular field.

Pharmacology can also lead you to a career as a pharmacist.

The average early career wages for pharmacists are low because it can depend on location or position. For example, pharmacists who work at grocery stores or drug stores often earn less than their entry-level researcher counterparts.

Unfortunately, the current rate of growth for this field is -2%  from 2020-2030. So while there will still be opportunities, it may be harder to find a job.

4) Electrical Engineering

Salary in Early Career: $103,000

Salary in Mid Career: $144,000

If you have a PhD in electrical engineering, you stand to earn quite a good amount of money. Electrical engineering has one of the highest average early-career salaries and one of the highest mid-career to boot.

Electrical Engineering is the application and study of mathematics  and physics combined with electromagnetism, electronics, and electricity. This discipline deals with the research and design of systems, equipment, and devices that use electricity. The results of electrical engineering are seen in day-to-day life. The advances humanity has made in the field have resulted in modern-day staples like the radio and the television.

A doctorate in engineering can help you go into research. If you are more of an idea generator, you can pursue a career in invention and product development. This discipline had plenty of opportunities in various fields such as transportation, computing, manufacturing, and aviation.

3) Computer Science

Salary in Early Career: $118,000

Salary in Mid Career: $145,000

BLS 2020-2030 Job Growth Outlook: 22%, much faster than average

Computer Science is one of the highest-paying fields, both in early and mid-career salary averages. A doctorate in this field allows graduates to become experts in certain computer science subfields. If you want to get a PhD in this field, you’ll need a bachelor’s degree or a master’s in computer science .

If you choose to research in this field, you’ll need a doctorate to qualify for research opportunities. You can also find non-academic careers as an information research scientist, a hardware engineer, programming, and even robotics. It truly comes as no surprise that Computer Science is one of the best-paid PhD programs considering technology continues to progress over the years.

The job outlook for this field is expected to grow by 22%  until 2030, making it one of the best and most in-demand PhDs on this list

2) Organic Chemistry

Salary in Early Career: $83,400

Salary in Mid Career: $146,000

Organic chemistry shares a spot with #1 for the highest-paying PhD, at least for mid-career salaries. However, early wages are lower, which earns this field its #2 spot on this list.

If you want to pursue a career in organic chemistry, earning a PhD in this field can get you a research position, and you may even find yourself leading a research team. However, to qualify for advanced research positions, you’ll need a PhD in the field from an accredited institution whose programs are approved by the ACS or the American Chemical Society.

You may also find jobs in academia as a professor.

1) Chemical Engineering

Salary in Early Career: $96,100

BLS 2020-2030 Job Growth Outlook: 9%, on the high end of average

Sitting at number one on this list is chemical engineering. This branch of engineering combines various fields into one, and you’ll see physics, chemistry, microbiology, biochemistry, and math . This interdisciplinary field helps solve problems related to fuel, food, chemicals, or drugs.

If you earn a PhD in chemical engineering, you may find yourself prepared with expert-level knowledge of the current research findings, practices, and the core fundamentals of the field. After you graduate, you may find opportunities in research and academia and find jobs in areas like biotechnology.

Paying for Your PhD

One obstacle that many doctoral candidates run into is the cost of earning a PhD. If you find yourself wondering how you can afford to pay for your PhD, there are a few common ways you can ease the financial load.

  • Student loans  – Many PhD candidates take out student loans to help them afford the tuition and living expenses while working on their doctorate full (or even part) time. You can choose to take out a loan for the full tuition plus living costs, or you can take a smaller loan to cover only a part of the expenses.
  • Scholarships, grants, and fellowships  – Savvy PhD candidates seek out scholarships, grants, and fellowship opportunities to help them pay off their tuition and living expenses more easily.

Related: Graduate School Scholarships Guide

  • Seek financial support from your employer – Some employers help support their employees’ education by offering partial or full scholarships as they seek higher education. This option may not always be possible, of course, as it depends on the field you are pursuing and whether it has any relation to your current place of employment.
  • Teach where you are studying  – One of the most common ways doctoral students earn extra financial support for their studies is through teaching — particularly at the school in which they are studying. Teaching can help students cut down on tuition costs as many educational institutions may offer lower rates for their studies. Some colleges and universities will even offer teaching assistant positions that offer flexibility and enough compensation to cover part of the tuition costs.

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Frequently Asked Questions

Which phd has the highest salary.

According to this list of the highest paying PhD degrees, the current most lucrative PhD is Organic Chemistry.

Can PhDs make a lot of money?

Yes, but the road there can be long and winding. There are also many factors that can affect how much you earn, such as your location, industry, position, and even your employer. Additionally, “a lot of money” is relative — what do you consider a lot of money? It may benefit you to check out salary information on the Bureau of Labor Statistics website or on websites like PayScale or Salary.com. Check if the average earnings meet your expectations before making your decision on your PhD.

Is a PhD worth it for salary increases?

The BLS says that in 2020, those with a PhD earned median weekly salaries more than 20%  more than those with just a bachelor’s degree. It can depend on the field and the position, but this does appear to be the case generally. Data also shows that doctorate holders can earn significantly more over their lifetimes. For example, male PhDs earn as much as $1.5 million more  compared to high school graduates. Female PhDs earn $1.1 million more on average.

Do PhDs get paid more than master’s degree holders?

Yes. According to the World Education Services ( WES ), doctorate holders do earn more than those with master’s degrees. However, how much more they earn depends on their field. For example, engineering PhDs only earn 7% more than master’s degree holders in the field. However, in the field of psychology, you can earn up to 33% more if you have a PhD rather than a master’s.

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

In any form of employment, your location matters. In fact, aside from your field or line of work, your location may be the next biggest determinant of your salary. The same is true even if you don’t have a PhD. For example, if you work in the field of information technology or computer science, you’ll most likely have a higher salary in places like San Francisco or Seattle.

You’ll likely find plenty of PhDs in some of the most lucrative industries in a certain city or state. IT and Computer Science PhD holders will often find the highest-paying opportunities in tech hubs  around the country. Geologists will find the highest-paying work in areas rich in natural resources. Researchers, on the other hand, will likely find the best-paying work in areas with research universities and institutions.

Many of the highest-earning jobs for PhDs are located in cities or states where their specific industry is highly supported.

Are there any degrees higher than a PhD?

Nope! The PhD, also known as the doctorate or doctoral degree, is the highest possible academic degree you can earn. PhDs are specialized degrees often earned through research. They demonstrate an extremely high level of understanding of the subject and expertise in your field. A lot of people who earn their PhD usually go on to stay in academia to teach or continue their research.

Choosing the Best Doctoral Degrees

It’s not always about answering the question, “What’s the highest paying PhD?” In the end, choosing the best doctoral degree for you comes down to a matter of preference and interest.

Earning a PhD is seldom easy — but with hard work, you can set yourself up for a bright future ahead with a lucrative yet fulfilling career.

phd jobs in salary

Chriselle Sy

Chriselle has been a passionate professional content writer for over 10 years. She writes educational content for The Grad Cafe, Productivity Spot, The College Monk, and other digital publications.  When she isn't busy writing, she spends her time streaming video games and learning new skills.

  • Chriselle Sy https://blog.thegradcafe.com/author/chriselle-sy/ The Best Academic Planners for 2024/2025
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  • Chriselle Sy https://blog.thegradcafe.com/author/chriselle-sy/ The 18 Best Scholarships for Black Students in 2024-2025
  • Chriselle Sy https://blog.thegradcafe.com/author/chriselle-sy/ The 25 Best Gifts for Nursing Students in 2024

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Research Tips and Infromation

Unlocking PhD Salaries and Opportunities

PhD Salaries

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:

Field of WorkJob TypeApproximate Salary Range (Per Year)
AcademiaPostdoctoral Position$40,000 – $70,000
AcademiaAssistant Professor$60,000 – $90,000
AcademiaTenured/Full Professor$90,000 – $150,000+
Private SectorEntry-Level Position$70,000 – $100,000
Private SectorMid-Level Position$100,000 – $150,000
Private SectorSenior-Level Position$150,000+
GovernmentEntry-Level Position$60,000 – $90,000
GovernmentMid-Level Position$90,000 – $120,000
GovernmentSenior-Level Position$120,000+
Non-Profit OrganizationsProgram Manager$50,000 – $80,000
Non-Profit OrganizationsDirector$80,000 – $120,000
Non-Profit OrganizationsExecutive Director$120,000+

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:

DomainCompanyWebsite
Technology and ITGoogle
Apple
Microsoft
IBM
Amazon
Biotechnology and PharmaPfizer
Novartis
Roche
Johnson & Johnson
Genentech
Finance and EconomicsGoldman Sachs
JPMorgan Chase & Co.
Morgan Stanley
Federal Reserve
World Bank
ConsultingMcKinsey & Company
Boston Consulting Group (BCG)
Bain & Company
Deloitte
PricewaterhouseCoopers (PwC)
Aerospace and DefenseNASA
Lockheed Martin
Boeing
Northrop Grumman
Raytheon Technologies
Energy and EnvironmentExxonMobil
Shell
Tesla
General Electric (GE) Renewable Energy
Siemens Energy
Automotive and TransportationTesla
Ford Motor Company
General Motors (GM)
Toyota
Uber Technologies
Healthcare and Medical DevicesJohnson & Johnson
Medtronic
Philips
Siemens Healthineers
GE Healthcare
Education and ResearchHarvard University
Stanford University
MIT (Massachusetts Institute of Technology)
University of Oxford
ETH Zurich (Swiss Federal Institute of Technology)
Non-Profit and Social ImpactWorld Health Organization (WHO)
United Nations (UN)
Bill & Melinda Gates Foundation
International Red Cross and Red Crescent Movement
Oxfam International

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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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):

AGRICULTURE and NATURAL RESOURCES

52000

63000

79000

83000

9385

2174

620

571

ARCHITECTURE

63000

71000

78000

73000

3597

1470

294

68

ARTS

46000

55000

65000

67000

17693

4257

579

447

BUSINESS

62000

83000

102000

94000

137905

32908

5392

1201

COMMUNICATIONS and JOURNALISM

50000

61000

84000

72000

28938

6479

1260

473

COMPUTERS and MATHEMATICS

73000

90000

90000

104000

30666

11873

986

1557

CONSUMER SERVICES and INDUSTRIAL ARTS

63000

84000

94000

83000

4204

584

65

33

EDUCATION

42000

56000

63000

73000

39185

30819

2371

1397

ENGINEERING

79000

101000

104000

107000

44297

22903

2090

3831

HEALTH

63000

77000

103000

98000

32807

9492

4073

2051

HUMANITIES and LIBERAL ARTS

47000

59000

99000

69000

38955

19013

7414

3408

LAW AND PUBLIC POLICY

52000

65000

89000

84000

14350

3049

994

192

PSYCHOLOGY and SOCIAL WORK

43000

56000

83000

78000

23192

16036

2945

2624

RECREATION

45000

58000

75000

73000

5004

1493

310

199

SCIENCE--LIFE/PHYSICAL

54000

73000

125000

89000

28075

14646

13187

9868

SOCIAL SCIENCE

57000

75000

105000

90000

32617

14167

7566

1971

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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PhD, Professor, and Postdoc Salaries in the United States

The United States is home to several of the world’s best universities making it a top destination for international researchers. Here’s a breakdown of the most common American job titles and their associated average annual salaries. All salary statistics in this article are in American Dollars (USD) and are pre-tax.

PhD Student

A Master’s degree is not always required to do a PhD in the US. Several top universities offer direct entry PhD programs. An American PhD begins with two to three years of coursework in order to pass qualifying exams. During this time doctoral students are able to develop their research interests and hone in on their thesis topic. They will then write a thesis proposal which must be approved before they can start their dissertation. Most programs require PhD students to gain two to three years of teaching experience as well, either by leading their own class or as teaching assistants for a professor. It takes an average of six years to earn a PhD in the US.

Unlike some European countries, there is no mandated minimum salary or national salary scale for PhD students in the US. PhD students ear n between $ 15,000 and $30,000 a year depending on their institution, field of study, and location. This stipend can be tax-free (if it is a fellowship award) or taxable (if it is a salary e.g from a teaching position). American PhD students are usually only paid for nine months of the year but many programs offer summer funding opportunities. A PhD funding package will also include a full or partial tuition waiver.

After earning a PhD, many researchers go on to a postdoc. A postdoc is a continuation of the researcher’s training that allows them to further specialize in a particular field and learn new techniques. Postdoc positions are usually two to three years and it is not unusual to do more than one postdoc. There is no limit on the number of years you can be a postdoc in the US. The average salary (2023 ) for postdocs in the US is $61,143 per year.

A lecturer is a non-tenure-track teaching position. They often have a higher teaching load than tenure track-faculty and no research obligations. These positions are more common in the humanities or as foreign language instructors. Lecturers hold advanced degrees, though not always PhDs. The average salary for a full time lecturer in 2021-2022 according to the American Association of University Professors was $69,499.

Assistant Professor

This is the start of the tenure track. An assistant professor is responsible for teaching, research, and service to the institution (committee membership). Assistant professors typically teach two to four courses per semester while also supervising graduate students. They are also expected to be active researchers and publish books, monographs, papers, and journal articles to meet their tenure requirements. The average salary for assistant professors in 2021-2022 was $85,063 according to the American Association of University Professors . 

Associate Professor

An assistant professor who has been granted tenure is then promoted to an associate professor. An associate professor often has a national reputation and is involved in service activities beyond their university. The average salary for associate professors in 2021-2022 was $97,734 according to the American Association of University Professors . 

This is the final destination of the tenure track. Five to seven years after receiving tenure, associate professors go through another review. If they are successful, they are promoted to the rank of professor (sometimes called full professor). Professors usually have a record of accomplishment that has established them as an international or national leader in their field. The average salary for professors in 2021-2022 according to the American Association of University Professors was $143,823. 

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Doctorate (PhD), Chemistry Degree

Doctorate (PhD), Chemistry

Doctorate (PhD), Chemistry Jobs by Salary

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

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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

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

highest paying doctoral degrees

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

highest paying phds

Ph.D. in Biomedical Engineering

highest paying doctoral degrees

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.

highest paying doctoral degrees

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.

highest paying doctoral degrees

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.)

PhD degree holders

Ph.D. in Electrical Engineering

highest paying doctoral degrees

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.

highest paying doctoral degrees

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.

highest paying doctoral degrees

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.

phds highest paying doctoral degrees

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

highest paying doctoral degrees

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.

highest paying doctoral degrees

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.

highest paying doctoral degrees

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

highest paying doctoral degrees

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.

highest paying doctoral degrees

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.

highest paying doctoral degrees

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.

highest paying doctoral degrees

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.

highest paying doctoral degrees

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.

highest paying doctoral degrees

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.

highest paying doctoral degrees

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

Northeastern University Graduate Programs

8 Careers You Can Pursue with a Doctorate in Education

8 Careers You Can Pursue with a Doctorate in Education

Industry Advice Education

By earning a Doctor of Education (EdD) degree, you’re preparing yourself for a career with lasting impact—on students, on the future of a college or university, on your community, or on the trajectory of a nonprofit trying to improve other communities locally and abroad.

You’re also positioning yourself for advancement. Professionals who earn an EdD are qualified for roles leading and operating schools at the elementary, high school, or college level. They learn to lead in a way that can be transferred to the front of a classroom or at the ground level of an organization.

An EdD signals to employers that you’re a thought leader; that you’re someone who’s demonstrated the capacity to identify a problem, examine issues from multiple perspectives, and offer relevant insights for practical solutions. With your doctorate in hand, you’re prepared to take on a leadership role across a variety of industries.

Here’s a look at the types of positions EdD graduates pursue and eight of the top careers available in the field. 

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What Type of Positions Do EdD Students Pursue?

Northeastern’s EdD students cultivate their leadership skills in the program by integrating practice and insights from experienced faculty and high-achieving peers . They come from diverse fields, including business, criminal justice, healthcare, military, human services, and the nonprofit sector. Their job titles and careers are just as diverse, with students working as policymakers, systems analysts, and administrative leaders within higher education institutions, nonprofit organizations, and governmental agencies.

Top Careers for Doctor of Education Graduates

1. college president.

Average Annual Salary: $272,203

Presidents are the top leaders of a college or university. They establish and execute on their school’s strategic vision, spearhead fundraising, attend student events, and deliver speeches to a variety of constituents, such as donors, lawmakers, government, and faculty, to raise the profile of the institution both locally and abroad. They also collaborate with senior administrators, faculty, and staff to devise new ways to support students and improve their learning environment while maintaining high academic standards. Depending on the type of public or private institution they lead, college presidents can earn impressive seven-figure salaries . 

2. Chief Learning Officer

Average Annual Salary: $152,225

In education, top executive roles include positions like “chief learning officer”—a senior-level professional who develops and drives strategies that help his or her college or university meet critical business goals. Chief learning officers (CLOs) focus on creating strategies for training, learning, and development, and typically oversee an institute’s latest technologies, such as its online learning platform.

Average Annual Salary: $148,783

A provost—or vice president, depending on the college or university—is a senior-level academic administrator who tends to be second in command after the president. Provosts work closely with deans and department heads, and help determine their institution’s academic goals and priorities, as well as how to allocate the resources necessary to support those initiatives. They often oversee daily operations and work to hire and retain a diverse faculty. 

4. School Superintendent

Average Annual Salary: $116,931

Superintendents are the top executives of a school district. They’re responsible for establishing and overseeing their district’s budget, staffing, infrastructure, and spending. Superintendents collaborate closely with a school board to develop and implement new policies and programs in line with the district’s short- and long-term goals, as well as allocate the financial and human resources necessary to achieve the district’s overarching vision.

5. Elementary, Middle, and High School Principal

Average Annual Salary: $95,310

Principals oversee the daily operations of an elementary, middle, or high school. They hire teachers and staff, manage the budget, and enforce disciplinary rules when necessary. Principals also develop and assess educational programming aimed at achieving student learning outcomes, all while striving to create and maintain a positive learning environment. More than 11,000 principal positions are expected to emerge by 2028, according to the Bureau of Labor Statistics .

A principal’s salary might differ depending on whether he or she works at an elementary, middle, or high school. The mean wages for principals at each level, according to PayScale are:

  • Elementary School : $81,095
  • Middle School : $87,989
  • High School : $92,197

6. Academic Dean

Average Annual Salary: $90,339  

Deans work at the senior administrative level of a college or university. The role varies depending on the institution, but deans often manage faculty and staff, set academic goals, implement strategic planning, oversee their department’s budget, help fundraise, support research initiatives, and foster student development. Some departments you might find them in are:

  • Admissions : Those working in admissions develop and lead recruitment initiatives for a college or university. They evaluate applications, decide the number of students who should be admitted to the school, who those students should be, and communicate with prospects and their families.
  • Research : A dean of research often oversees faculty and collaborates with them to create a strategy for developing short- and long-term research initiatives. They also work to secure research funding, oversee the research budget, and establish key industry partnerships.
  • Student Affairs : The student affairs office typically oversees a variety of different departments, such as residence life, athletics, student support services, and diversity and inclusion. A dean of student affairs typically establishes and evaluates nonacademic programs that foster and enrich the student experience, as well as handle disciplinary issues and communicate with students’ parents or legal guardians.
  • Advancement : The advancement office—also known as “development” or “alumni relations” depending on the school—is responsible for securing funding for the college or university from potential donors, including alumni, government policymakers, corporations, and foundations. They nurture and maintain those relationships, ensuring all gifts received are being used as intended.

7. Professor

Average Annual Salary: $78,470

Postsecondary teachers, or professors, work at the college or university level, developing course curricula, instructing students in a specific area of study, and assessing their progress. When they’re not teaching, professors are often conducting research, writing scholarly papers, or attending conferences.

Professors’ salaries vary based on where they are on the tenure track and their area of expertise. The median salary for a professor based on rank, according to PayScale, is:

  • Instructor : $49,510
  • Lecturer: $51,101
  • Assistant Professor : $67,021
  • Associate Professor : $76,250
  • Professor : $87,018

Salaries range further depending on the professor’s focus. According to the U.S. Bureau of Labor Statistics , the top 10 highest-paying subjects—and what those subjects offer in terms of average annual wage—are:

  • Law : $111,140
  • Engineering : $101,720
  • Economics : $101,720
  • Health Specialties : $97,370
  • Atmospheric, Earth, Marine, and Space Science : $90,860
  • Physics : $90,800
  • Architecture : $86,980
  • Forestry and Conservation Science : $86,900
  • Agricultural Sciences : $84,640
  • Business : $83,960

8. Executive Director of Education

Average Annual Salary: $73,640

Executive directors are often the senior leaders of a nonprofit organization or business. They work closely with a board of directors but are the ones who make the daily operational decisions. Executive directors hire and manage staff, handle external relations, engage volunteers, oversee the budget—including all fundraising initiatives—and develop policies, programs, and strategies that guide the organization’s mission and purpose. 

What Can You Do with a Doctorate in Education from Northeastern?

When you earn your EdD from Northeastern , you’re not only advancing your own work, you’re joining a top-tier university and pursuing a rigorous education with an entrepreneurial orientation toward making our world a better place. You’re joining a vast network of students and alumni in the EdD, which spans more than 2,000 professionals across many domains of education. You’re gaining access to engaging faculty who understand the importance of professional experiences in a growing leadership capacity, and who are prepared to offer you personal attention to support your professional development.

With your EdD, you can make a difference in the lives of children, communities, and organizations, as you transform your problem of practice into a plan for change and action.

Download Our Free Guide to Earning Your EdD

Editor’s note: This article was originally published in September of 2017. It has since been updated for accuracy and relevance. 

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More From Forbes

16 jobs that pay up to $100,000+ with just an associate degree in 2024.

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A four-year degree is no longer an indicator that you will have a thriving and lucrative career; ... [+] skills and location matter more

What determines if your salary is six figures or not?

For many people 10 or 20 years ago, it was the common notion that you needed a four-year degree to be financially successful and to have the highest chances of securing a lucrative career.

But now, employers are realizing this idea is neither realistic or true, with Google, Tesla, and IBM joining the ranks of high-profile companies who have dropped the degree requirement for most or some of their roles, where applicable.

Instead, they are acknowledging that talent comes from unique places, and that candidates build skills from a wide range of backgrounds, not solely from a four-year college course or from the completion of a postgraduate degree.

Associate degrees tend to fill the gap between traditional bachelor's degrees and the completion of a high school diploma or GED. This is because they offer a viable alternative to further education, often within a strictly vocationally-focused sense, that enables you to become a specialist within a specific field without needing to spend significant money, go into debt, or waste four years only to discover that you wouldn't enjoy that career after all.

Therefore, reverting back to the original question: What determines if your salary is six figures or not? The answer lies in soft skills, strong technical competency, one's ability to sell themselves effectively, your attitude to growth and learning, a strong work ethic, and yes, an associate degree can certainly help with at least some of that.

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Other than these factors which are largely controlled by you, there are some external factors that have an influence on your salary as well.

These can include location (your city and state), hiring demand, and unfortunately, even discrimination.

Although you may not be able to directly control how much an employer pays you for your role if the pay gap is due to discriminatory practices, you can choose to move to a new location where demand for the role is greatest, and where it is more likely that salaries will be higher for your associate-level job.

For example, a job taken in New York or California will tend to pay significantly more than one in Oklahoma, as the cost of living is greater in these areas and these cities tend to host Big Tech and multi-billion-dollar employers.

Here are some high-paying jobs (meaning the pay more than the U.S. median salary of $59,228 according to BLS analysis of salaries from the first quarter of 2024), that you probably didn't realize you could land with just an associate degree (salaries from Salary.com):

  • Radiation therapist: average salary $93,700, top 10% of earners male $104,800
  • ICU (intensive care unit) nurse: average salary $85,400, top 10% of earners make $99,346
  • Master plumber: average salary: $74,215, top 10% of earners make $94,569
  • Civil/architectural drafter: average salary $65,207, top 10% of earners make $71,816
  • Cardiovascular technician: average salary $51,703, top 10% of earners make $83,561
  • Dental hygienist: average salary $83,502, top 10% of earners make $102,601
  • Radiologic technologist: average salary $66,901, top 10% of earners make $80,083
  • Occupational therapy assistant: average salary $66,834, top 10% of earners make $73,478
  • Computer network support specialist: average salary $122,584, top 10 of earners make $143,488
  • Avionics technician: average salary $73,900, top 10% of earners make $87,846
  • Aerospace engineering technician: average salary $85,182, top 10% of earners make $96,953
  • Funeral home manager: average salary $72,690, top 10% of earners make $82,185
  • Air traffic controller: average salary $63,707, top 10% of earners make $72,579
  • Court reporter: average salary $63,026, top 10% of earners make $100,215
  • Construction manager: average salary $133,887, top 10% of earners make $168,900
  • Executive pastry chef: average salary $67,470, top 10% of earners make $85,409

With the roles that fall a few thousand dollars shy off the $100,000 mark, you have the opportunity to increase your earnings as you gain years of experience and boost your knowledge with extra certifications.

Most high-paying associate degree jobs are within the healthcare, engineering, and construction ... [+] sectors

These 16 high-paying jobs prove that even with just an associate degree, you can work in a wide variety of industries and roles. From healthcare, to technology, to engineering, there's no shortage of demand for skilled associate degree graduates in 2024.

Rachel Wells

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  • Netherlands
  • AcademicTransfer
  • Posted on: 23 June 2024

PhD student in the MIRACLE Program, identifying causal genes in CVD

Job information, offer description.

About the project MIRACLE : is a Marie Sklodowska-Curie Action Doctoral Network: Mobility requirements: Candidates must not have resided or carried out their main activity in the Netherlands for more than 12 months in the 36 months immediately before their recruitment date. This information will determine whether you fulfil the EU mobility rule for the position. See MIRACLE website for more information. What will you be researching? Amsterdam University Medical Center in Amsterdam is looking for a PhD student/Doctoral Candidate (DC). In general, disease phenotypes of individuals, also in the context of individual cells, are driven by environmental context and molecular makeup, such as genetic, epigenetic, and metabolic status. A broad range of available datasets, including, but not restricted to, UK-Biobank and FinnGen, will be studied, focusing in particular on Cardio Metabolic Disease (CMD) subpopulations. This DC (DC8) will study and implement the integrations of distinct layers of -omics data to identify novel molecular targets that impact inflammation, which may be amenable for diagnostics or treatments. This DC position is part of the MIRACLE consortium, a Marie-Sklodowska Curie Actions Doctoral Network that started on the 1st of February 2024. About the role The PhD student will be enrolled in the Amsterdam UMC Doctoral School.

  • This PhD student will work on the identification of new targets that may contribute to the modulation of inflammatory macrophage activation in atherosclerosis by performing integrative multi-omics, machine-learning-driven analyses. These analyses will be based on existing data sets, and where possible, newly generated ones. Data repositories, including, but not restricted to, the UK Biobank and FinnGen, will be assessed, focusing on CMD subpopulations.
  • The fellow will collaborate with other DCs to set up additional translational tests to validate top candidates using in vitro screening systems for functional consequences on macrophage activation through pharmacological (drugs) or genetic (CRISPR) interventions.
  • Ultimately, validation experiments will be conducted to advance the therapeutic targets in in vivo models for atherosclerosis.

COLLABORATORS AND SECONDMENTS IN THIS PHD PROJECT University of Eastern Finland As part of this project, the PhD student will visit the A.I. Virtanen Institute for three months. The institute is a part of the University of Eastern Finland Faculty of Health Sciences, and the visit will be supervised by Dr. Minna Kaikkonen. The A.I. Virtanen Institute is a modern facility for basic and translational molecular medicine with 250 researchers and other personnel. It is well-equipped for all molecular laboratory work, cell biology, advanced imaging, genetics, and multi-omics research. Profile REQUIRED EDUCATION LEVEL: A degree (MSc, or equivalent) in Health or Life Sciences (Bioinformatics, Molecular Biology, Immunology, Genetic Epidemiolgy). Candidates in the final stages of obtaining their degree are eligible to apply. REQUIRED LANGUAGES: ENGLISH: Excellent, both written and spoken. SKILLS/QUALIFICATIONS:

  • We expect a Master´s degree (or equivalent) in Health and/or Life Sciences, with provable skills in Bioinformatics (R, Python, Slurm, Snakemake/Nextflow).
  • Furthermore, the applicant should be able to perform team-oriented as well as independent work.
  • Additional desirable methodological skills: excellent background in two or more of the following: Genetic/Molecular epidemiology, molecular biology, biochemistry, cell biology, immunology and/or microbiology, hands-on knowledge of analytical methods (single cell and/or spatial Molecular analyses).
  • An inclusive work environment.
  • Access to state-of-the-art training within the MIRACLE doctoral network, at an academic, policy and industry level.
  • Opportunities to collaborate with discipline specific world leading researchers.

Salary and conditions

  • As a MSCA DN doctoral candidate, you will receive a gross pre-tax salary of € 2901,- per month (which will increase to €3359 in year 2, €3514 in year 3 and €3677 in year 4).
  • As is normal in a Dutch PhD contract at Amsterdam UMC, you will enter an employment agreement for the duration of the PhD trajectory, which means 4 years fulltime (36 h/w). The compensation that Amsterdam UMC receives from the EU covers 3 years, so Amsterdam UMC offers an extra year of employment (including education and income) compared to the usual MSCA DN trajectories.

For early-stage Marie Sklodowska-Curie fellows in the Netherlands, the level of the living allowance plus mobility allowance is typically equal to or slightly lower than the obligatory minimum salary level for PhDs according to Dutch law. In the first year of employment the salary for PhD students in the Netherlands is lower than the amount of the Marie Sklodowska-Curie living allowance plus mobility allowance, but it is higher in the following years. So, over the first three years, at least the total of the Marie Sklodowska-Curie fellowship will be paid to the researcher. The family allowance is also included in the PhD salary (if the fellow is entitled to this family allowance). If after 3 years a calculation shows that you didn’t receive the total amount of allowances you were entitled to, you will receive an extra payment to cover the difference. The period of employment for this PhD is four years. Appointment to the PhD programme implies that you will be admitted to the Amsterdam UMC Doctoral School within three months of employment, and that you will participate in a structured PhD programme during the employment period. The prerequisite is that you are present and accessible at the university on a daily basis. RENUMERATION: The per annum MSCA PhD student living and mobility allowance (plus family allowance if applicable, family status is assessed at recruitment) is in line with EU-MSCA requirements. This amount will be subject to tax and employee’s National insurance deductions and will be paid in EURO. Details regarding the financial aspects of a Marie Sklodowska-Curie fellowship in the Netherlands can be found here . About the workplace The Amsterdam University Medical Center (Amsterdam UMC) is one of the foremost research institutes in the Netherlands, as well as one of its largest hospitals. Over 7,000 people work here to provide integrated patient care, fundamental and clinical scientific research, and teaching. The department of Human Genetics participates in the MIRACLE network together with the department of Medical Biochemistry where one additional Doctoral Candidate (DC6) will be hosted. The integrative modelling research in the DC8 position will be performed in collaboration between these MIRACLE departments and is particularly focused on the detection of molecular mechanism that play a role in macrophage activation in the context of atherosclerosis, also known as a low-grade inflammatory disorder. The primary hosting for DC8 will be at the Amsterdam UMV, Department of Human Genetics, Section of Epigenetics. Dr. Peter Henneman, Dr. Koen Prange and Prof.dr. Menno de Winther will be supervising the DC8 project at Amsterdam UMC. About the supervisors:

  • Dr. Peter Henneman is affiliated with the Department of Human Genetics , heading the Epigenetics section. This section holds a strong track record in the discovery of novel epigenetic signatures of rare Mendelian disorders ( EpiSign ) and translation studies thereof. In addition, Dr. Henneman is affiliated to the Core Facility Genomics embedded in the department of Human Genetics, Genome Diagnostic Laboratory.
  • Dr. Koen Prange is an expert in bioinformatics and epigenetic regulation of gene responses with experience in scRNAseq and extensive genomic analysis.
  • Prof.dr. Menno de Winther heads the Experimental Vascular Biology group, has a long experience in macrophage regulation in CVD and is the current director of the research institute Amsterdam Cardiovascular Sciences (ACS).

The MIRACLE network, funded by the European Commission (2024-2028), is made up to train a new generation of researchers working on the latest advances in single cell biology, multi-omics analysis and newest insights in macrophage biology in the context of cardiometabolic disease. These advances revealed heterogeneous and dynamic accumulation of (immune) cell populations in tissues that associate with disease initiation, development and particularly clinical outcome, a notion that has immense implications on our view of chronic inflammatory diseases and their treatment. Unique know-how is ready to be transferred to highly talented research fellows. In MIRACLE, twelve doctoral candidates will receive tailored training that enables them to study local and environmental factors that drive cardiometabolic inflammation as well as develop strategies to suppress them, via the integrated use of cutting-edge single cell, spatial mapping, …

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7 of the top tech and IT jobs in demand for the future

Businesses of the future will rely on workers with it skills even more than they do today. find out which jobs might be most in demand and what those roles entail..

David Weldon

  • David Weldon

Some of tomorrow's hottest jobs will be in tech.

Interest in AI is sweeping across the corporate landscape like few technologies have ever done. The result is that organizations are having to create new tech roles and redefine existing ones to manage the integration of AI and data into core business functions. Meanwhile, cybersecurity continues to be a top concern , as do digital transformation and cloud computing. These challenges are increasing the demand for job roles that merge technical expertise with strategic business acumen.

The IT industry is poised for significant growth over the next five years, driven by advancements in artificial intelligence, cloud computing, cybersecurity and the proliferation of remote working technologies, said Edward Meyman, senior IT leader and strategist at the U.S. Department of Labor.

IT hiring managers will largely focus on recruiting individuals with advanced technological skills and a capacity for innovation and adaptability, Meyman said. IT professionals that want to remain in top demand should place emphasis on continuous education, certifications and real-time learning in emerging technologies.

Technologists should also understand that their colleagues outside the IT team will play a greater role in choosing and developing enterprise systems.

IT will still need to shepherd, enable and govern technology as it advances, but already more non-technical employees are creating their own technology, a trend that will only continue, said Donald Welch, CIO of New York University, a private research university in New York City.

"We will see the rise of citizen developers," Welch said.

Advances in AI will also reduce the need for first-line support, Welch said. Security requirements will increase, but not necessarily drive an increase in security staffing in non-security companies. Instead, it will drive growth in security service providers. AI will increase the need for AI programmers, but primarily in application companies.

Some believe that IT teams won't necessarily be bigger, just more strategic.

Overall, CIOs can expect that they will need smaller IT staffs, but that staff will include more well-rounded workers, said Jodi Jefferson, founder and managing partner, People Project, an executive recruiting firm.

"This evolution will drive the need for a workforce that is not only technically proficient but also skilled in ethical governance, strategic thinking and continuous learning to harness the full potential of AI innovations," Jefferson said.

So, what will be some of the hottest IT jobs of the future?

To get a sense of top IT and business-tech related jobs that will be in demand in the future, the author turned to job forecasts and predictions from multiple sources and spoke with the previously quoted experts as well as David C. Luu, senior vice president of IT, platforms and services, HarbourVest Partners, a private equity firm.

Roles are listed in alphabetical order.

AI product manager

As enterprise AI becomes embedded in more processes, roles that focus on this important tech will also grow. An AI product manager is responsible for the development and management of AI-driven products and services, ensuring they meet market needs and integrate seamlessly with other business offerings.

Snapshot of how the job will change in the future

With rapid advances in artificial intelligence, these professionals need a deep understanding of AI capabilities and how they are evolving, as well as data science, user experience design and product management skills. That background should enable them to use AI applications as a productivity tool, enabler and differentiator.

Potential career path

Those seeking roles in AI product management typically come from science, technology, engineering and mathematics (STEM) backgrounds, especially data science, but communication skills are also key. A combination of product management and AI experience can make someone an attractive candidate, and demand will continue to grow. Those interested in this career should seek opportunities within their current organization, if possible.

Earning potential

Salaries listed for an AI product manager vary widely, as do national averages, but pay is typically above $100,000 per year, according to multiple sources.

Business analyst

Business analysts understand the technology requirements of business units and users, and communicate those needs with the people who implement technology. This growing field is not IT per se, but this role can further specialize to become an IT business analyst.

Success in this role requires broad technical understanding, business understanding, project management, change management and communication skills. Increasingly, it will also require a strong understanding of the capabilities, limitations and ethical issues tied to AI adoption.

Business analysts can start out at an entry level, but grow quickly in the role with experience. They also might set their sights on a leadership position.

The average national salary for a business analyst is $104,000, according to Salary.com.

Chief AI officer

A growing number of organizations are investing in artificial intelligence technologies, and many need a strategic leader to head those efforts . While the majority of chief AI officers (CAIOs) currently work at technology vendor companies, the ranks at non-tech organizations are growing. In the coming years, the chief AI officer role will be crucial in bridging the gap between high-level business strategies and AI technology implementations and the integration of AI capabilities across the organization.

AI capabilities are advancing rapidly. This new member of the C-suite needs expertise in artificial intelligence initiatives, especially generative AI and large language models. Also important are business skills such as strategic vision, the ability to align AI initiatives with corporate objectives, and proficiency in change management.

The CAIO should have a seat at the table in the C-suite, and they will probably become one of the loudest voices on the executive team. That's because of the critical role they serve in aligning AI investment with business strategies. This role should prepare someone for advancement to such positions as vice president or COO.

The average national salary for a chief AI officer is $171,000, according to Glassdoor, but total pay can be much higher.

Chief technology officer

The CTO is a key player in driving transformation and innovation, and their importance and clout will continue to grow as organizations become more digitally dependent. As such, strong business skills are equally important in these leaders, including strategic planning, risk management, understanding of ROI for AI projects, strong communication skills and the capacity to inspire change.

CTOs will increasingly focus on using AI to transform product development and delivery. They will lead the strategic adoption of AI technologies, manage technology risks and ensure technology aligns with business goals. They'll need an understanding of AI capabilities, system architecture and IT infrastructure.

The CTO role is a critical one, and those in the role tend to have a strong knowledge of business needs and strategies. Success in this role can lead to a CEO or COO spot, and in fact, the founding executives of many technology startups serve dual roles as CEO and CTO.

The national average salary for a CTO in 2024 is $304,000, according to Salary.com.

IT risk analyst

An IT risk analyst works to protect enterprise systems from cybersecurity threats. Those in this role use data science to audit systems, uncover vulnerabilities and enhance IT risk controls for existing and new systems and tech.

The IT risk analyst role is becoming more important since one of the most critical elements of information security is risk assessment. Determining where an organization is potentially vulnerable to a cyberattack so that it can take steps to fix the issues beforehand is critical -- not only for protecting data, but also for compliance with corporate governance and industry regulations. Due to AI, data security threats are growing and IT risk analysts need to understand how harmful software is becoming more efficient and be able to spot seemingly realistic cases of fraud. These pros act to put proper AI governance policies, models, audit and other compliance frames in place to ensure that AI is used properly and that results are generated correctly, don't violate copyrights and don't harm humans.

IT risk analysts typically have a STEM or business-related degree and industry experience. Future growth will depend on facility with using AI and being able to perform risk analysis related to it. Success in this role can lead to advanced AI opportunities or senior IT security positions. Advancement may depend on certifications, continuing education and technical trade groups that an individual takes advantage of.

The average national salary for an IT risk analyst is $93,000, according to Glassdoor.

Prompt engineer

A prompt engineer crafts and optimizes the interaction that tells AI systems what the user is seeking . This is crucial for applications in content generation, virtual assistance and advanced AI interfaces. Success in the role requires a deep understanding of AI behavior, natural language processing and creative problem-solving to refine AI outputs.

Because the AI landscape is changing so rapidly, required tech skills beyond AI applications will vary. Perhaps more important will be skills such as the ability to be agile, pivot and handle change, exhibiting a growth mindset and demonstrating a high degree of emotional intelligence.

Successful prompt engineers can expect to lead AI projects and teams, leading to senior positions such as chief technology officer or lead prompt engineer.

Average annual salaries for prompt engineers run from $175,000 to $218,000 according to AI-jobs.net, though salaries for this role may vary widely due to demand and expertise.

Security analyst/information security analyst

Threats to data security will continue to grow. In the face of that reality, the role of security analyst will continue to be one of the most important jobs in IT. A security analyst -- which may also be known as an information security analyst -- focuses on advanced, proactive security measures to combat evolving cyberthreats. Although the role is broad and responsibilities depend on the particular organization, these professionals typically analyze infrastructure and computer network data, perform risk assessments and audits, and generally focus on keeping the organization safe from cyberattacks and other information security incidents.

Professionals in a security analyst role will need to adapt to the evolving threat of cyberattacks targeting AI systems. They'll need a strong understanding of data security best practices and encryption techniques.

While most who enter this field will have a STEM-related degree -- such as in computer science or IT -- alternative pathways may become more common . Success in this role requires proficiency in relevant programming languages, system architecture and specific technologies such as AI frameworks or cybersecurity protocols. These pros should also demonstrate skills in analytical thinking, strategic planning and effective communication across technical and non-technical stakeholders. A combination of technology and business skills can put these pros on track for a leadership position in the organization.

According to the Occupational Outlook Handbook, the 2023 median pay for information security analysts was $120,000.

David Weldon is a business and technology writer in the Boston area who covers topics related to data management, information security, healthcare technology, educational technology and workforce management.

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Texas hiring Texas A&M baseball coach Jim Schlossnagle to replace David Pierce

As it tries to regain its standing among college baseball's elite programs, Texas has turned to a rival for help, tabbing Texas A&M's Jim Schlossnagle to be the program's 14th head coach, a person with knowledge of the decision confirmed to the Austin American-Statesman, part of the USA TODAY Network.

The person spoke on the condition of anonymity because the hire is not yet official.

Schlossnagle, who just led the Aggies to the College World Series championship series , replaces David Pierce, whose eight-year run in Austin ended on Monday .

Schlossnagle, 53, has spent the past three seasons at A&M. He also coached at TCU from 2004-2021 and at UNLV from 2002-03 and has a career record of 946-455. He has led seven teams to the CWS, his latest trip ending with Monday night's 6-5 loss to Tennessee in Game 3 of the championship series.

The news of Schlossnagle's move from College Station to Austin was first reported on Tuesday by 247Sports .

What is Jim Schlossnagle inheriting at Texas?

Despite running the athletic departments at Rice, TCU and Texas since 2006, UT athletic director Chris Del Conte had never hired a head baseball coach. In Schlossnagle, though, he found some familiarity since their time at TCU overlapped from 2009 to 2017.

Schlossnagle also is quite familiar with Texas. He has compiled a 24-16 record against the Longhorns and his TCU teams competed in the Big 12 alongside UT from 2013-2021. Over the past three years, his Aggies eliminated Texas from the 2022 College World Series and beat the Longhorns in a 2024 regional game.

In Austin, Schlossnagle inherits a program that is anything but downtrodden. The Longhorns went 36-24 this season and are just one year removed from winning their third Big 12 championship under Pierce. Outfielder Max Belyeu, who's the reigning Big 12 player of the year , is among the talent that could return next season.

"The future of this program is going to be in great hands and it's going to be in a good spot," Pierce said after the Longhorns' season ended with a 10-2 regional loss to Louisiana on June 2.

But at a program that has made 38 CWS appearances and won six national championships, the Longhorns have not recently lived up to the expectations set by coaches like William Disch, Bibb Falk, Cliff Gustafson and Augie Garrido. Texas last reached Omaha in 2022 and went 1-2 in regional play this season. The 2025 season will mark the 20-year anniversary of UT's last dogpile in Omaha.

Schlossnagle's week has gone from CWS to UT

Schlossnagle's decision to leave A&M for Texas likely stunned a few fans. After all, the Aggies went 53-15 this season and fell one win shy of winning their first baseball national championship. Schlossnagle joins Ray Tanner as the only CWS runner-up coaches not to return to their teams the following season. Tanner became South Carolina's athletic director after his Gamecocks were beaten by Arizona in the 2012 final.

Details of Schlossnagle's deal at Texas were not immediately available, but he was making $1.35 million at A&M in 2024. A stipulation in his A&M contract calls for a buyout of twice his salary if he leaves the Aggies for another in-state school.

Schlossnagle also downplayed the possibility of his taking the UT job in a fiery response after the Aggies' season ended Monday night . During the postgame press conference, he emphatically stated that "I took the job at Texas A&M to never take another job again and that hasn't changed in my mind.

"I gave up a big part of my life to come take this job, and I've poured every ounce of my soul in this job, and I've given this job every single ounce I can possibly give it," Schlossnagle added.

Texas' poaching of Schlossnagle should add some spice to a rivalry that has featured 382 all-time games. Texas will officially join the Southeastern Conference next week; the baseball teams were among the few programs at Texas and A&M that have played regularly since the Aggies left the Big 12 in 2012. But they're about to be conference foes again. The SEC has already designated Texas A&M as one of UT's two permanent rivals on the schedule in a 16-team conference .

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