What Are the Highest Paying Job Options After a PhD Program

• May 4, 2024
• aiuniversity
• PhD

A PhD is considered the most prestigious and valuable degree since it enhances the candidate’s knowledge and understanding in their particular area of interest.

It is more likely a transformational journey that goes deeper into the ocean of expertise, and it takes years of hard work, dedication, and commitment.

The title “Dr” fascinates the students to go for a PhD Program and of course who wouldn’t want to add the reputable title prefixed to their name?

So, are you still wondering whether to go for a PhD Program after your master’s or not? 

If yes, then this blog is for you. 

In this blog, you will get an idea of what options you can opt for after doing a PhD.

 

What is a PhD (Doctor of Philosophy) Course?

PhD also known as Doctor of Philosophy is a postgraduate research degree that can either be pursued full-time or part-time but by no means can be pursued in distance mode.

 It is the most advanced academic degree offered in India which mainly focuses on conducting original research in a particular field of interest and contributing new knowledge to the existing body of knowledge.

It mainly involves some advanced coursework related to the research area,

However, the primary focus is on independent research.

 

Criteria for PhD admission at Universal AI University

Below are the further course details of the PhD course you need to know:

Eligibility Criteria	The PhD eligibility criteria to pursue at Universal AI University are as follows: Candidates must have completed their master’s degree in a similar course/ field/ stream in which they want to pursue a PhD Candidates must have scored at least 55% in aggregate or its equivalent grade “B” in the UGC 10-point scale or an equivalent recognized degree from a foreign educational institution
Duration	PhD Course Duration is 3 to 8 years
Admission  Process	Admission to the PhD Program at Universal AI University shall be through the common entrance test conducted by the university as per the government guidelines.

Also Read: Career Opportunities After Completing a PhD inManagement

 

Popular PhD Programmes: 

Some popular PhD programs that candidates can pursue in different streams are listed below:

PhD in Humanities	PhD in Humanities PhD in Economics PhD in Psychology PhD in Public and Economic Policy studies PhD in Social Sciences
PhD in Science	PhD in Computer Science PhD in Mathematics PhD in chemistry PhD in Biotechnology PhD in Bioinformatics PhD in Chemistry
PhD in Management	PhD in Management PhD in Commerce and Management PhD in Business Administration PhD in Marketing/Brand Management PhD in Commerce

 

Which PhD course has the highest salary?

Pursuing a PhD Degree opens doors to many high-paying academic positions, such as professors, lecturers, and researchers. The pie chart given below shows the vast differences in which sectors employ PhD recipients based on their field of study.

 

Through these pie charts it can be seen that, In the year 2019, most people with their PhD in Mathematics and Computer Science got jobs in industry or business while fewer went into academics, government, non-profit, or other fields. On the other hand, academics is the main employer for PhD in Humanities & Arts, Psychology & Social Sciences and Education.

 

Source: Scientificworkforce, PhD Career Pathways

H2-What are the Highest Paying Jobs after a PhD Course?

Check the list below of PhD Jobs and the average salary offered to respective job profiles. The salary data is according to the website Payscale.com.

Job Position	Job Description	Average Salary
Assistant Professor	Assistant Professors are in charge of giving excellent lectures, seminars, and workshops to undergraduate students.	INR 9 LPA
Associate Professor	Apart from teaching, they conduct intellectual activities such as innovative research in their area of expertise, publishing study results in journals, conferences, and other collaborating venues.	INR 11 LPA
Professor	Their main work is attending departmental meetings, and meetings for academic conductance. They assist in the creation of educational programs and curricula, helping junior faculty members, and provide them advice.	INR 12 LPA
Research Associate	Research associate often works closely with the principal, senior researchers, and scientists on some  research projects.	INR 7.9 LPA
Consultant	They are engaged in interacting with clients to comprehend their requirements, difficulties, and objectives. Building trustable relationships with clients and serving as a valued advisor.	INR 8 LPA

 

Conclusion:

In Conclusion, by pursuing a PhD Program, candidates can have a vast scope and are in high demand in research and development, consulting, technology, government, and non-profit organizations.

 

FAQs:

1) What is the highest paying job with a PhD?

Some of the highest-paying jobs with a PhD are Professor, Consultant, and Assistant Professor.

2) Which PhD course has the highest salary?

PhD courses in Astronomy, Aerospace Engineering, Law, Mathematics, and Computer Science are some of the highest-paid courses.

3) What is the Salary after clearing a PhD?

The average salary after clearing a PhD in India is around Rs. 11 LPA. However, this amount can differ based on the employer, sector, and work experience.

4) What job to get after PhD?

The most common roles for PhD graduates are higher education teaching professionals, researchers in various fields, and independent consultants. You can also go for the govt jobs after phd as per your interest.