P.rolific, h.ardworking and D.edicated: Why Hiring a PhD Makes Good Business Sense
Christine Kelly, PhD Career Consultant for Graduate Students
University of California, Irvine Presented at MPACE December 11, 2013
Employment 3 Years Post Graduation
Average Starting Salaries for Assistant Professors
Field Salary
Biological Sciences $57,249
Communication $54,415
Engineering $78,650
English $52,405
History $53,425
Social Sciences $60,240
Psychology $56,195
Mathematics $58,266
Visual and Performing Arts $52,241
Physical Sciences $58,786
Computer Sciences $74,563
Business $98,212
Issues for Employers Hiring PhD’s
Why Students Want an Advanced Degree?
Value of Degrees over a Lifetime
1. Project management Leadership/supervision 2. 3. Budget management Interviewing 4. 5. Performance coaching Needs assessment 6. 7. Problem solving Strategic thinking 8. 9. Negotiating Meeting deadlines 10.
RJ Heckman, president Korn/Ferry’s Leadership and Talent Consulting division
“While specific disciplines like finance and marketing will always be important, more ubiquitous skills, such as the ability to influence and motivate others, and apply past lessons to new challenges, are key to career advancement, regardless of industry or role. The leaders of the future will be agile executives who can readily adapt to any industry and challenge.”
