Career Options After a PhD in Management

Feb 22, 2018

Completing a PhD in Management will enable you to enter a range of fields that include setting policy, analyzing data, and innovating solutions to organizational problems. Discover a few career options and their salary potential.

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The PhD in Management is an interdisciplinary program that instructs students to master a wide variety of skills in leading people and organizations. With the ability to manage change, analyze data, and assert leadership, you will be well-prepared to enter a range of career fields. Not many jobs strictly require a PhD in this area, but the skills acquired in this program will aid you in a number of roles.

Related Careers for a PhD in Management

A doctoral degree program in management imparts a number of skills that can be applied as part of a corporate organization, independently as a consultant, or even working in the public policy field. These are a few of the jobs you might want to pursue following the completion of your program.

Job Title Median Salary (2016)** Job Growth (2016-2026)**
Business Professor $77,490 18%
Management Consultant $81,330 14%
Policy Analyst $92,239 (2018)* 11% (for all political scientists)
Change Manager $74,776 (2018)* 8% (for managers, all other)
Top Executive $103,950 8%

Sources: *PayScale.com, **U.S. Bureau of Labor Statistics

Job Descriptions

After the completion of your program, you will be well-equipped to become an instructor in the business or management field yourself. You could also enter the private market as a member of a company or as an external consultant brought in to improve processes.

Business Professor

Professors work at the university level and are typically required to lecture students in their area of expertise. Professors are also often called upon to perform their own independent research to publish in academic journals. A PhD in Management qualifies an individual for instructing students in business at the college level through not only lectures, but also the development of appropriate exercises and the use of regular assessments.

Management Consultant

Companies sometimes need to look outward to find experts who can help them drive further success. Business consultants collaborate with these organizations to identify business solutions. They may also build relationships with vendors and create programs that can meet a company's business goals. Consultants can be brought in to deal with a variety of organization issues, but they will routinely need to be both analytical in their approach to the data and collaborative in dealing with people.

Policy Analyst

Some of the skills acquired as a part of doctoral work in management are transferable to the public policy field, like data analysis and setting business policies. Policy analysts review current policies and collaborate with various stakeholders in the development of new proposals. This role requires analysts to be able to perform in-depth analysis on both quantitative and qualitative data during the course of policy development.

Organizational Change Manager

Change managers work within an organization to facilitate changes that improve business processes. Sometimes, the change manager will help to transition the organization over to a new technical system. These professionals are responsible for planning and implementing a variety of changes. Typically, they will also need to make presentations to organization leaders outlining the benefits of the company change.

Top Executive

Executives are leaders of business organizations and help to develop a company's strategic plans. These professionals take into account the time required to implement change, the processes involved, and the overall costs. Executives also supervise various departments and develop positive relationships throughout the organization to improve performance.

One of the advantages of the doctorate in management is the ability to enter a wide variety of fields after you've completed your program. This is a flexible degree that suits both the independent-minded who want to act as consultants or those who prefer a consistent corporate environment.

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