How much are you likely to earn if have a PhD in business administration?

According to the U.S. Bureau of Labor Statistics, the median annual wage for business and financial occupations was $78,930 in May 2021. The top 10% of earners made more than $138,210, while the bottom 10% earned less than $49,070.

The specific amount you can earn with a PhD in business administration depends on a number of factors, including your industry, job title, and level of experience. For example, the median annual wage for financial analysts was $83,610 in May 2021, while the median annual wage for marketing managers was $131,180.

With a PhD in business administration, you can also find work in academia, consulting, or research. The median annual wage for postsecondary business teachers was $104,500 in May 2021, while the median annual wage for management analysts was $93,280.

Overall, a PhD in business administration can lead to a successful and lucrative career. With hard work and dedication, you can achieve your financial goals and make a difference in the world.