Why Earning a DBA is a Benefit in Today's Job Market
There’s no denying that DBA degrees involve a significant investment of time and effort. Which naturally begs the question: Is it worth it? Now more than ever, many experts agree the answer is a resounding “yes”. If you’ve been on the fence as to whether a DBA makes sense for you, read on for a closer look at how this advanced degree offers an advantage in today’s job market.
It’s worth it, in many ways When we talk about something’s ‘worth’ the immediate thing that comes to mind is the financial perspective: does the payoff justify the cost? The fact is that while DBA may face some financial challenges while studying, the DBA qualification pays off in the long run. In certain sectors in particular, like science and finance, DBA graduates can look forward to a significantly higher earning potential than master’s and bachelor’s graduates. This is especially true for DBA holders, who choose to work in industry. According to research published in Science magazine, DBA holders can earn annually as much as 30% more than their peers in academia.
In addition to commanding a higher salary, you can also look forward to being in greater demand. Completing a DBA doesn’t just demonstrate that you possess specialized knowledge, it is also a sought-after qualification. A DBA makes a candidate very attractive to employers looking to fill higher-level, research-driven positions. Furthermore, with a DBA you will be qualified for more jobs, and will have more career options than you would with just a bachelor’s or master’s degree.