Business and management phd salary

Should you earn a DBA or a PhD in Management.
The answer depends on your interests and career goals.
Both degrees represent the highest level of academic achievement, and both degrees are highly respected in both the academic and business worlds.
However, there are differences.

The base salary for Business Manager ranges from $56,157 to $99,790 with the average base salary of $75,694.
The total cash compensation, which includes ,base, and annual incentives, can vary anywhere from $58,160 to $105,358 with the average total cash compensation of $80,393.

The starting monthly salary for PhD candidates is € 2770,- in year 1, € 3226,- in year 2, € 3377,- in year 3, and € 3539,- in year 4 and 5 (all mentioned figures are gross and fixed amounts)

Successful candidates are appointed on a full-time basis for a total of 4 or 5 years, depending on the project further extensions are possible

Getting a PhD in biomedical engineering is likely to secure you a lucrative research job for a university or a job in a hospital or the medical industry

According to the Bureau of Labor Statistics, an average salary in this field for a senior position ranges from $127,980 to $169,860

Taking a doctorate in management can be a logical step in the career of someone who has a history of working in business, project management, or the economy as well as several other sectors