Which is more lucrative, PhD or MBA?

Prepwise AnswersCategory: General CareerWhich is more lucrative, PhD or MBA?
Career Dev Staff Staff asked 2 years ago
1 Answers
Kate McKeon Staff answered 2 years ago

That is so vague. What is your intention with either degree? Neither one is lucrative if you have no career trajectory.
 
If you want someone to employ you and you want a modicum of job security with a minimum of hours, the PhD in a technical field (expect to do research – think GE labs) will provide that.
 
PhD in non technical field . . . best of luck with the academic job market. PhDs are a dime a dozen. i.e. some very smart ppl are well underemployed.
 
MBA, if you are willing to generate revenue – sell – then you will always be able to find a job. You will make more than the PhD soon. 1-2 years after grad.
 
MBA not willing to sell stuff? Dude, why are you even in business? That’s what the mba trains you to do. Sell or help someone sell stuff. Otherwise you’re overhead and overhead always gets whacked in the end.