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Undoubtedly, getting a PhD is a very important event – students can relax and let go of many years of stress hard work. But these celebrations will soon be followed by questions about the steps needed to advance professionally after receiving a doctorate. In this article, I want to help you find an answer to the question “What comes after the doctorate?”.
What are the best paid doctoral jobs?
Entry-level salary: $105,000 Entry-level salary: $131,000
Statisticians help solve problems in businesses, healthcare sectors and organizations by collecting and analyzing data using from statistical methods. Statistician careers require a master’s degree and beyond. A PhD in Statistics sets you apart from the competition and offers you high earning potential. Career prospects for statisticians are also extremely favorable. The Bureau of Labor Statistics (BLS) says the projected growth rate is expected to increase by 33%, well above the national average. Industries that employ statisticians include the federal government, financial institutions, and scientific research and development services. Most research positions require a doctorate.
Which degree is more effective: masters or doctorate?
On paper, the answer should be clear: a doctorate is the highest degree one can get, and therefore has more influence than a master’s, which has more influence than a degree bachelor.
The reality is that the amount of impact (if any) really depends on the specialty and the career you choose (where the amount of impact is how your career prospects improve to positive).
Masters:
Almost all master’s degrees require a basic bachelor’s degree to enroll. They all usually have the same requirement to complete a dissertation or thesis.
If you get a master’s degree through a teaching program, you will have a Master of Art (MA), Master of Science (MS) or Master of Philosophy (MPhil). For those who earn their Master’s degree through research, they are awarded a Master of Research (Mre) in a tailored field of study. Degree-specific master’s programs are also available such as the Master of Business Administration (MBA) and Master of Education (M.Ed).
Doctorate versus PhD
Doctorate and Professional Doctorate are research-based degrees.
However, while a doctorate focuses on basic research, mainly on theoretical concepts, a professional doctorate focuses on examining existing knowledge to solve real practical problems.