Students with a passion for learning and an eager mind to learn more and accelerate in their field may be interested in a PhD degree. If you are working full-time with a family at home but still have that bug for learning, an online PhD degree is available at many online universities. According to EarnMyDegree.com, a person who has a doctoral degree earns about $37,200 more than a person with a bachelor’s degree and $27,100 more than someone with a master’s degree. Doctoral degrees are very highly regarded, so make sure that you enroll in an accredited online university that awards actual online PhD degrees and you’ll be an official member of the prestigious crowd.
Graduating with a Ph.D. degree involves completing a wide range of classroom coursework, comprehensive exams and an original doctoral dissertation. Although most Ph.D. students enter the program with a master’s degree in a related field, some programs are designed to move directly from an undergraduate degree to a Ph.D.
The two types of PhD degrees are research doctorates and professional doctorates. Research doctorates are typically awarded in recognition of published (or soon to be published) peer-reviewed academic research. Professional doctoral degrees are awarded in fields such as medicine where candidates focus on qualifying for professional licensure rather than on research.
The more common types of a professional doctorate degree are in the areas of psychology or art history. The PhD is the most commonly known doctorate degree, but there are other doctorate degrees with the same level of education that are named differently due to the field they are in. The most common being a M.D, a doctor of medicine.
How many years to attain this degree: 4+ years
Credits needed: 60 post Master’s degree
Average salary: $89,400
Prerequisites: Bachelor’s and Master’s Degree