PhD vs. Industrial Experience

G

Dear Forum,

Currently considering studying a PhD, but I am unsure if my motivations are right?

I am doing a Masters but don't intend to stay in research and would simply like to study a PhD to allow me to progress my career further.

What would a PhD give me that a Masters and 3/4 years industrial experience wouldn't? Does anyone know of published salary figures of people who have studied PhD's - is it worth the investment of time and money if I don't intend to be an academic?

Your thoughts would be much appreciated.....

K

Salary wise it is definitely best to get a PhD, the starting salaries can increase by around £10,000. Also you are more limited in your career options without a PhD. With one you will be promoted much faster.

I think even if you don't want a career in academia a PhD is well worth doing if you think you'll be able to motivate yourself. Otherwise you may be in a job in industry, watching other people younger and less experienced than you being promoted above you which can get frustrating.

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