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Discover the benefits of pursuing a PhD in Management and Economics. Explore research questions with societal impact, the market for new PhDs, and why you should consider these degrees. Gain insights on the sophisticated research methods required and the need for a more diverse workforce in business schools. Find out why Business & Econ degrees offer higher starting salaries.
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Make great money,change the world(for the better) David Hummels Professor of Economics Dr. Samuel R. Allen Dean Krannert School of Management Purdue University
PhDs In Management And Economics • Research questions with societal impact • Why you should consider these degrees • The market for new PhDs
How long does it take to go from Here to get to Here
Why youshould consider these degrees • Research methods require sophistication in mathematics, statistics, computation • Business schools cannot deliver on their mission without a more diverse workforce.
2017 PhD Placement Business & Econ degrees much more likely to find immediate academic employment https://ncses.nsf.gov/pubs/nsf19301/report
Faculty Salary Comparison 2017-18 Starting salaries average almost 50% higher in Business disciplines, 100% higher in Accounting and Finance. This does not include summer salary – which adds another 20-25% and is typically included in contracts $105K $153K https://www.aacsb.edu/publications/datareports/staff-compensation-and-demographics, http://www.ams.org/profession/data/annual-survey/annual-survey
Faculty Salary Comparison 2017-1875th Percentile $105K $198K $208K $153K https://www.aacsb.edu/publications/datareports/staff-compensation-and-demographics, http://www.ams.org/profession/data/annual-survey/annual-survey
Thank you Questions?