Business Careers--Doctoral Degree

woman with Doctoral Degree working at computer screen in a business officeYour Psychology degree can lead to a career in Business with a PhD

One way you can use your psychology degree to move forward in your career is to consider getting a PhD in a business field. This degree is a research degree, and may be in Accounting, Economics, Finance, Human development in organizational settings, Information systems, Leadership and organizational change, Operations research, and Organizational systems. If you decide to move in this direction you will have to be sure you have taken certain Business courses (e.g., Economics) that are required by Business schools. If accepted, you must first earn a Master's degree, either from another school or the same school. When you go for a PhD, you need to keep in mind: (a) the  program of study typically requires 4-6 years of graduate school to complete a thesis (research project), (b) at many schools you do NOT pay tuition, and (c) at most schools you will receive a stipend, a form of salary for serving as a Teaching Assistant (TA) or Research Assistant (RA). In general, a PhD offers greater career opportunities and greater salary than a Bachelor’s or Master’s degree. For example, you can use your PhD to pursue jobs with a company, organization, college, or university.

Salary Information lists the average yearly income for a PhD. in Business in an entry-level university position at $110,000.

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Click here to read important steps for a career in Business with an MBA or PhD.

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Click on the links below to read about other Business careers that only require a Bachelor's Degree in Psychology:

Business Careers--Advertising

Business Careers--Human Resource Management

Business Careers--Sales

Click on the links below to read about another Business career that requires a graduatedegree:

Business Careers--Master's in Business Administration (MBA) Degree