graduate degree for phd

Should I Pursue A Master’s or A Ph.D.?

The first step in deciding on the right graduate program for you is to figure out which degree will best serve you—a master’s or a doctor of philosophy (Ph.D.). Here are a few factors to consider.

What are your career goals?

• Professional master’s: A good choice if you want to develop a particular skill set in order to practice a particular profession. This type of degree provides coursework focused on learning and practicing skills.
• Research master’s: A good fit if you want to gain expertise in a discipline and know how to teach it. A research master’s typically includes a research project or thesis and comprehensive exams in addition to coursework and provides experience in research and scholarship.
• Ph.D. (doctor of philosophy): Consider this option if your goal is to ground yourself in a body of research and develop the ability to add to that body of knowledge. Ph.D. study includes a major research project in addition to coursework, and a Ph.D. is the highest scholastic degree awarded by American universities. Contrary to common perception, career paths for Ph.D. graduates are quite varied, not just limited to academia. Ph.D. training helps you hones skills such as writing, research, teaching, data analysis, communicating complex topics—all of which can translate into many sectors, including industry, government, nonprofit, and entrepreneurship.

See career data for Duke graduate programs' alumni

How much time do you have to pursue a graduate degree?

Master’s degrees typically take two years to complete, while Ph.D. programs generally take five to seven years ( see Duke programs' time-to-degree ). That is a significant difference in commitment and opportunity costs. It might also play a key role in deciding which factors take higher priority as you evaluate a program. How does the length of the program fit with your career and family plans? How important is the surrounding community if you are going to be there for seven years instead of two? How long are you able or willing to go on a limited income while in graduate school?

How much can you afford to pay for a graduate degree?

Consider your personal financial situation (e.g., how much savings and student loans do you have), as well as how much financial aid you can get. Master’s and Ph.D. programs differ greatly in the amount of financial aid available. Ph.D. programs tend to offer significantly more financial support than master’s programs (but often will have research or teaching requirements). 

A typical Ph.D. financial aid package usually includes coverage of tuition and fees, a living stipend, and some level of support for health insurance for a set number of years. For instance, Duke’s standard Ph.D. package covers tuition, mandatory fees, and a stipend for five years, as well as health insurance premiums for six years. 

Within an institution, the level of financial support often differs across programs, so be sure to ask your specific program about the financial aid it offers. There are also many national organizations that provide competitive fellowships and scholarships for graduate students.

Know which degree you want to pursue? Here are some key things to look for in a program .

What Is a Doctorate Degree?

A doctorate is usually the most advanced degree someone can get in an academic discipline, higher education experts say.

What Is a Doctorate?

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It's unwise to apply to a doctoral program if you don't have a clear idea of how you might use a doctorate in your career.

In many academic disciplines, the most advanced degree one can earn is a doctorate. Doctorate degree-holders are typically regarded as authorities in their fields, and many note that a major reason for pursuing a doctorate is to increase professional credibility.

"If someone wants to be respected as an expert in their chosen field, and also wants to have a wider array of options in research, writing, publishing, teaching, administration, management, and/or private practice, a doctorate is most definitely worth considering," Don Martin, who has a Ph.D. in higher education administration , wrote in an email.

A doctoral degree is a graduate-level credential typically granted after multiple years of graduate school, with the time-to-degree varying depending on the type of doctoral program, experts say.

Earning a doctorate usually requires at least four years of effort and may entail eight years, depending on the complexity of a program's graduation requirements. It also typically requires a dissertation, a lengthy academic paper based on original research that must be vetted and approved by a panel of professors and later successfully defended before them for the doctorate to be granted.

Some jobs require a doctorate, such as certain college professor positions, says Eric Endlich, founder of Top College Consultants, an admissions consulting firm that helps neurodivergent students navigate undergraduate and graduate school admissions.

Endlich earned a Doctor of Philosophy degree, commonly known as a Ph.D., from Boston University in Massachusetts. He focused on psychology and notes that a doctoral degree is generally required to be a licensed psychologist.

"Since a Ph.D. is a research-focused degree, it can be advantageous to those seeking high-level research positions in scientific fields such as astrophysics or biotechnology," he says.

How Long it Takes to Get a Doctorate Degree

Martin, founder and CEO of Grad School Road Map, an organization that helps grad school applicants navigate the admissions process, says obtaining a doctorate is often a lengthy endeavor.

"Typically it can take between four and six years to complete any doctoral program," he says. "If comprehensive examinations and a dissertation are part of the graduation requirements, it may take a year or two longer. There is no standard amount of time – some students take seven to 10 years to finish."

Endlich says doctoral degree hopefuls should be aware that completing a dissertation may take a long time, especially if unexpected hurdles arise.

"My dissertation, for example, involved recruiting college students to complete questionnaires, and it took much longer than I anticipated to recruit enough subjects for my study," he says.

The standards for a dissertation, which include the proposal and research, are rigorous and usually involve a review and approval by a faculty committee, says Hala Madanat, vice president for research and innovation at San Diego State University in California.

"As part of dissertation requirements, some programs will require publication of the research in high-impact peer-reviewed journals," Madanat wrote in an email.

Types of Doctoral Degree Programs

According to professors and administrators of doctoral programs, there are two types of doctorates.

Doctor of Philosophy

A doctor of philosophy degree is designed to prepare people for research careers at a university or in industry, and teach students how to discover new knowledge within their academic discipline. Ph.D. degrees are offered in a wide range of academic subjects, including highly technical fields like biology , physics, math and engineering; social sciences like sociology and economics; and humanities disciplines like philosophy.

A Ph.D. is the most common degree type among tenure-track college and university faculty, who are typically expected to have a doctorate. But academia is not the only path for someone who pursues a Ph.D. It's common for individuals with biology doctorates to work as researchers in the pharmaceutical industry, and many government expert positions also require a Ph.D.

Professional or clinical doctorates

These are designed to give people the practical skills necessary to be influential leaders within a specific industry or employment setting, such as business, psychology , education or nursing . Examples of professional doctoral degrees include a Doctor of Business Administration degree, typically known as a DBA; a Doctor of Education degree, or Ed.D.; and a Doctor of Nursing Practice degree, or DNP.

A law degree, known as a juris doctor or J.D., as well as a Doctor of Medicine degree, or M.D., are also considered professional doctorates.

How to Get a Doctorate

Getting a doctorate is challenging. It ordinarily requires a series of rigorous classes in a field of study and then passage of a qualification exam in order to begin work on a dissertation, which is the final project.

Dissertations are difficult to write, says David Harpool, vice president of graduate and online programs at Newberry College in South Carolina. Some research indicates that only about half of doctoral students go on to finish their degree, and a main reason is that many never finish and successfully defend their dissertation

"Many of them are in programs that permit them to earn a master’s on the way to a doctorate," Harpool, who earned a Ph.D. from Saint Louis University in Missouri and a J.D. from the University of Missouri , wrote in an email. "The transition from mastering a discipline to creating new knowledge (or at least applying new knowledge in a different way), is difficult, even for outstanding students."

Learn about how M.D.-Ph.D. programs

There is a often a "huge shift in culture" at doctoral programs compared to undergraduate or master's level programs, says Angela Warfield, who earned a Ph.D. in English from the University of Iowa.

Doctoral professors and students have more of a collaborative relationship where they function as colleagues, she says. And there's pressure on each student to produce "significant and original research."

Many full-time doctoral students work for the school as researchers or teaching assistants throughout their program, so time management is crucial to avoid burnout. However, the dissertation "is by far the biggest battle," she says. The goal is to avoid an "ABD," she says, meaning "all but dissertation."

"In my writing group, we had two motivational slogans: 'ABD is not a degree,' and 'a good dissertation is a done dissertation,'" Warfield, now the principal consultant and founder of admissions consulting firm Compass Academics, wrote in an email.

How Are Doctorate Admissions Decisions Made?

Admissions standards for doctoral programs vary depending on the type of doctorate, experts say.

The quality of a candidate's research is a distinguishing factor in admissions decisions, Madanat says. Meanwhile, leaders of clinical and professional doctorate programs say that the quality of a prospective student's work experience matters most.

Doctoral programs typically expect students to have a strong undergraduate transcript , excellent letters of recommendation and, in some cases, high scores on the Graduate Record Examination , or GRE, Endlich says.

"The size of the programs may be relatively small, and universities need to be sure that applicants will be able to handle the demands of their programs," he says.

Because professional doctorates often require students to come up with effective solutions to systemic problems, eligibility for these doctorates is often restricted to applicants with extensive first-hand work experience with these problems, according to recipients of professional doctorates.

In contrast, it's common for Ph.D. students to begin their programs immediately after receiving an undergraduate degree. The admissions criteria at Ph.D. programs emphasize undergraduate grades, standardized test scores and research projects , and these programs don't necessarily require work experience.

Admissions decisions may also depend on available funding, says Madanat, who works with doctoral students to provide funding, workshops and faculty support to help their research.

Who Is a Good Fit for a Doctoral Program?

Doctoral degree hopefuls "should be interested in making a deep impact on their field, open-minded, eager to learn, curious, adaptable and self-motivated," Madanat says. "Doctoral programs are best suited for those whose goals are to transform and change the fields they are studying and want to make a difference in the way the world is."

Someone who loves to study a subject in great depth, can work alone or in teams, is highly motivated and wants to develop research skills may be a good candidate for a doctoral program, Endlich says.

Because of the tremendous effort and time investment involved in earning a doctorate, experts say it's foolish to apply to a doctoral program if it's unclear how you might use a doctorate in your career.

"The students are being trained with depth of knowledge in the discipline to prepare them for critical thinking beyond the current state of the field," Madanat says. "Students should consider the reasons that they are pursuing a doctoral degree and whether or not it aligns with their future professional goals, their family circumstances and finances."

Rachel D. Miller, a licensed marriage and family therapist who completed a Ph.D. degree in couples and family therapy at Adler University in Illinois in 2023, says pursuing a doctorate required her to make significant personal sacrifices because she had to take on large student loans and she needed to devote a lot of time and energy to her program. Miller says balancing work, home life and health issues with the demands of a Ph.D. program was difficult.

For some students, the financial component may be hard to overlook, Warfield notes.

"Student debt is no joke, and students pursuing graduate work are likely only compounding undergraduate debt," she says. "They need to really consider the payoff potential of the time and money sacrifice."

To offset costs, some programs are fully funded, waiving tuition and fees and providing an annual stipend. Some offer health insurance and other benefits. Students can also earn money by teaching at the university or through fellowships, but those adding more to their plate should possess strong time management skills, experts say.

"Graduate school, and higher education in general, can be brutal on your physical and mental health," Miller wrote in an email.

But Miller says the time and effort invested in her doctoral program paid off by allowing her to conduct meaningful research into the best way to provide therapy to children affected by high-conflict divorce and domestic violence. She now owns a therapy practice in Chicago.

Miller urges prospective doctoral students to reflect on whether getting a doctorate is necessary for them to achieve their dream job. "Really know yourself. Know your purpose for pursuing it, because that's what's going to help carry you through."

Searching for a grad school? Access our complete rankings of Best Graduate Schools.

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Doctoral Degree Programs

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Doctoral study at Harvard means full immersion in one of the world's most dynamic and influential intellectual communities. At the Harvard Graduate School of Education, two distinct doctoral programs leverage the extraordinary interdisciplinary strengths of the entire University. The Doctor of Education Leadership (Ed.L.D.) prepares experienced educators for system-level leadership roles in school districts, nonprofit organizations, government agencies, and beyond; and the Doctor of Philosophy in Education (Ph.D.)  empowers cutting-edge interdisciplinary research informed by the cognitive sciences, economics, medicine, the humanities, and more.

Doctor of Education Leadership (Ed.L.D.)

The Doctor of Education Leadership (Ed.L.D) is a three-year, practice-based program designed to produce system-level leaders in American pre-K-12 education. The Ed.L.D. curriculum mines the vast intellectual and professional resources of HGSE, the Harvard Business School , and the Harvard Kennedy School , and includes a 10-month residency in the third year.

Doctor of Philosophy in Education (Ph.D.)

The Doctor of Philosophy in Education (Ph.D.) , offered jointly with the Harvard Kenneth C. Griffin Graduate School of Arts and Sciences , provides unrestricted access to faculty and resources at all Harvard graduate and professional schools. This five-year Ph.D. is ideal for conducting groundbreaking interdisciplinary research that directly informs and impacts education practice and policy.

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What Is a Graduate Degree? Your 2024 Guide

There's more than one type of graduate degree. Which could be right for you? Learn more about the three types of graduate degrees and the benefits of earning one.

A graduate degree is an academic program that you can pursue after getting your bachelor’s degree. A graduate degree—which includes master's degrees , professional degrees , and doctorate degrees —allows you to further specialize in an area of interest or choose a course that directly relates to or is accredited by the profession you want to enter. 

Students often pursue a graduate degree to gain access to more jobs, higher salaries, or as a stepping stone for further study. For specific careers, graduate qualifications will be essential, while for others, they may be a career boost, but you may be able to be more flexible on your choice of program. By earning a graduate degree, you can establish yourself as an expert in your field and potentially gain a competitive edge as a job candidate. 

3 types of graduate degrees

While researching graduate programs, you'll typically come across three types of degrees. The most commonly known is a master's degree, but it isn’t the only option. The term 'graduate degree' also includes PhDs and professional degrees, such as a Juris Doctor or Doctor of Medicine. Let's take a closer look at each:

1. Master's degree 

A master’s degree takes one to two years of full-time study , depending on the program and your schedule. Depending on the subject you choose, you may pursue a Master of Arts (MA) , Master of Science (MS) , or something more specialized. A master's degree incorporates coursework and independent study and usually requires the submission of a thesis or the completion of a capstone project. 

Specialized options include the Master of Business Administration (MBA) , among the most popular master’s programs, focusing on business management, including marketing, finance, sales, and accounting. You may also consider a Master of Fine Arts (MFA) , which is designed specifically for artists focusing on subjects like music, art, theater, and graphic design.

Read more: Is a Master's Degree Worth It?

2. Doctor of Philosophy (PhD)

Another popular graduate program is the Doctor of Philosophy (PhD) , which takes between four and seven years . Courses at this level tend to be research-based, allowing you to test theories and hypotheses in your chosen field. Options for what to study are vast and can include areas relating to psychology, social science, humanities, and technology, among others. A PhD can take anywhere from three to eight years to complete. 

3. Professional doctorate

A professional doctorate is often the highest academic credential in a specific career. In this advanced degree, you'll apply research to solve practical problems within the field. Professional doctorates have many titles, including Juris Doctor (JD) and Doctor of Medicine (MD). While these degrees vary in length, they typically take between three and six years to complete. 

Skills acquired in graduate degree programs

A graduate degree allows you to develop skills in particular areas related to your specialization, but it also helps you to command general skills that are transferable to any career path. These include:

Verbal and written communication skills

Critical thinking

Problem-solving

Research skills

Ability to work independently and as part of a team

Time management

Leadership and coordination

Explore what it's like to earn a graduate degree online by enrolling in an open course from a top university on Coursera. Depending on the course, you could earn credit toward a master's degree:

Learn to manage people effectively with Strategic Leadership and Management from the University of Illinois Gies College of Business.

Think like a computer scientist with Computational Thinking for Problem Solving from the University of Pennsylvania.

Explore how the world around us impacts public health outcomes with the University of Michigan's Impacts of the Environment on Global Public Health .

Make better data-driven decisions with  Vital Skills for Data Science Specialization from the University of Colorado Boulder.

Give your team access to a catalog of 8,000+ engaging courses and hands-on Guided Projects to help them develop impactful skills. Learn more about Coursera for Business .

Frequently asked questions (FAQ)

How much do graduate degree holders earn ‎.

Depending on the industry and position, a 25-year-old, full-time worker with a master’s degree earns an average salary of $12,000 higher than those with only a bachelor’s degree [ 1 ]. ‎

Are graduate degree holders in high demand? ‎

The US Bureau of Labor Statistics projects employment for master’s level occupations will grow by 16.4 percent between 2020 and 2030 [ 2 ]. A recent survey by Career Builder shows that 33 percent of employers are asking for master’s degrees for positions previously filled by those with undergraduate degrees [ 3 ]. 

An undergraduate degree is required for most positions above entry-level, and a master's degree is preferred in some cases. Depending on your career goals, having a graduate degree could be an advantage.  ‎

How long does it take to earn a graduate degree? ‎

Completing a master's degree generally takes 18 months to two years, and a doctoral degree can take another four to eight years. The timeline for completion of a graduate degree will vary depending on the type of degree you pursue, your desired subject area, and the institution you choose to study at, as well as whether you decide to study full-time or part-time. ‎

What is the cost of a graduate degree? ‎

The cost of a graduate degree depends on the program and where you study. On average, a master’s degree costs $66,340 but can vary from $30,000 to $120,000 [ 4 ]. The average price of a PhD is $98,800 [ 5 ].  ‎

Can you do a graduate degree online? ‎

Yes, many online options are available for graduate study. Earning your graduate degree online often allows the flexibility of setting your schedule and studying from home or any other convenient location. It can also lower costs due to lack of a commute, possible lower tuition, and less costly materials. ‎

Article sources

1. US Bureau of Labor Statistics. “ Education Pays, 2020 ,  https://www.bls.gov/careeroutlook/2021/data-on-display/education-pays.htm.” Accessed August 24, 2022.

2. US Bureau of Labor Statistics. “ Employment Projections ,  https://www.bls.gov/emp/tables/education-summary.htm.” Accessed August 24, 2022.

3. CareerBuilder. “ Not Enough Educated Workers-Why This Matters To You , https://www.careerbuilder.com/advice/employers-looking-for-more-educated-workers.” Accessed August 24, 2022.

4. Education Data Initiative. “ Average Cost of a Master’s Degree, https://educationdata.org/average-cost-of-a-masters-degree.” Accessed August 24, 2022.

5. Education Data Initiative. “ Average Cost of a Doctorate Degree , https://educationdata.org/average-cost-of-a-doctorate-degree.” Accessed August 24, 2022.

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This content has been made available for informational purposes only. Learners are advised to conduct additional research to ensure that courses and other credentials pursued meet their personal, professional, and financial goals.

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• Masters vs PhD – Differences Explained
• Types of Doctorates

The decision of whether or not to pursue a Masters or PhD (or both) after you complete your undergraduate studies is not necessarily a straightforward one. Both are postgraduate degrees but are different in terms of the academic experience and the career paths taken afterwards.

In short, a Masters degree involves a year of study, primarily through taught lectures and a final dissertation research project, whilst a PhD (also referred to as a doctorate degree) is a three-year commitment of independent research on a specific subject.

There’s more to it than that, however – read on for more information.

What Is a Masters Degree?

A Masters degree is the next level of education after the completion of an undergraduate degree, commonly known as a Bachelors.

These degree levels are often referred to in terms of cycles so that a Bachelor’s is a first-cycle degree, a Masters is a second-cycle and finally, a PhD is the third-cycle of higher education (and the highest).

Masters degrees demand an intense period of study, usually centred around a core series of lectures and taught modules, coupled with coursework assignments and exams, followed by the completion of a contained research project usually taking students 3-4 months to complete.

These types of degrees are attractive to recent graduates who want to delve deeper into their specific field of study, gaining some research experience and more specialised knowledge beyond what an undergraduate degree can offer.

Equally, some pursue a Masters degree program in a subject that is only tangentially related to their Bachelors degree, helping them gain a broader depth of knowledge.

These degrees also serve as a significant stepping stone for those already in employment who want to progress their current career development and earn a higher salary. They can also be an excellent method for helping in changing careers completely by learning new skills and subject knowledge.

What Is a PhD Degree?

A Doctor of Philosophy (PhD) is the highest academic degree that can be awarded and is the third and final cycle in the progression of higher education.

A doctoral degree is earned on the basis of producing a significant, independent and novel body of work (a Thesis) that contributes new knowledge to a particular research topic.

These are research degrees that are a significant investment of a candidate’s time, resources and energy and are all but a pre-requisite for anyone considering a career in academia, such as eventually becoming a professor.

There are some exceptions to this, such as those with a medical background who may earn an MD (Doctor of Medicine), which is the equivalent of a PhD.

Doctoral degrees can also have a significant positive impact on career development outside of academia, especially in fields such as engineering, business and finance that have a high demand for highly qualified and capable people.

A graduate student engaged in PhD study is commonly known as a PhD student, PhD candidate or doctoral student.

What are the Benefits of a Masters Degree?

There are several reasons one might consider doing a Masters degree rather than a PhD in their graduate education. These include:

• It takes approximately a third of the time to do compared to a doctorate degree and costs less too.
• It’s a good way to differentiate yourself from those that hold only an undergraduate degree without having to commit to a substantial research degree.
• The end goal is more career-focused as opposed to research-focused. For example, it is practically an ‘easier’ route to changing or progressing your career if that aligns with your professional goals.

What are the Benefits of Doing a PhD?

You may continue on into a doctoral program after a Masters or you may even dive straight in after completing your undergraduate studies. So, what are the advantages of completing this third-cycle?

• You’ll have developed a wealth of transferable skills at graduate school, such as effective communication of complex concepts, multi-tasking time-management and the ability to adapt to and solve unexpected problems.
• A doctorate helps to establish you as an expert within your chosen subject area; your work will hopefully have furthered the knowledge in this.
• It will open up career paths and teaching positions within academia that may otherwise be very difficult to get a hold in (although these career paths will still be very competitive).
• You can add the title ‘Dr’ in front of your name!

Which Degree Is More Impactful: A Masters or a PhD?

On paper, the answer should be clear: A doctorate degree is the highest degree you can earn, so has more impact than a Masters, which in turn has more impact than a Bachelors.

The reality is that the size of the impact (if any) really depends on the subject area and the career path you choose (if the measure of impact is how it positively improves your career prospects, that is).

For someone with aspirations of becoming a professor, a PhD will be of greater value than a Masters alone.

Equally, it’s also possible that someone with a PhD entering a different field or one that doesn’t require a PhD may find that their degree has no bearing on their career or in some cases may even be seen as a ‘negative’ with a concern of the person being ‘over-qualified’ for a position. There are many scenarios in which professional experience would be more valuable to an employer than a doctorate degree.

Check out the links below to our interviews with Prof. Debby Cotton and Dr Nikolay Nikolov to read their experiences of when a going through a PhD program has had a clear benefit (Prof. Cotton) and when it hasn’t been helpful (Dr Nikolov).

Do You Need to Have a Masters to do a PhD?

This really depends on the university, department and sometimes even the project and supervisor.

From a purely application process perspective, some institutions may formally require you to hold a Masters degree relevant to the subject of the PhD project before you can enter their doctoral program.

In another scenario, most universities are unlikely to accept candidates that were awarded below a 2:1 (in the UK) in their undergraduate degree but may consider someone who has ‘made up’ for this with a high-grade Masters.

Lastly, some universities now offer PhD programmes that incorporate an additional year of study in which you would complete a Masters degree before carrying directly on into a PhD project. As you’d expect, even if a university doesn’t formally require you to hold one, a Masters degree can help separate you from other applicants in being accepted on the project.

Check out our detailed guide to doing a PhD without a Master’s .

Why Do a Masters before Your PhD?

Even if you don’t need to have one, it could still be beneficial to begin your postgraduate study by doing a Masters first before you embark on your doctorate journey.

As mentioned previously it’ll help you stand out from applicants that don’t have one, but beyond that, it’ll give you a taster of what research life could be like, especially if you stay at the same university and department for your PhD.

The one-year commitment (in the UK at least) of carrying out a Masters first, and in particular your research project, will help you better understand if this is truly something you want to commit the next three or more years to.

You’ll learn some of the skills of independent research, from performing detailed literature searches to more complex, analytical writing.

At the end of it, you should be in a stronger position to consider your options and decide about whether to continue into a PhD at graduate school.

Finding a PhD has never been this easy – search for a PhD by keyword, location or academic area of interest.

How Long Does It Take to Get a Masters Degree?

In the UK, a full-time Masters degrees take students one calendar year to complete: The programme of study usually starts in September, the final research project the following April and final project viva around August. Part-time degrees are usually double the time.

How Long Does It Take to Get a PhD?

In the UK, most PhD projects take 3-4 years to complete , as reflected by the majority of funded projects offering stipends to cover living expenses of about 3.5 years.

For many reasons, projects may end up taking longer to complete, however. This might be because of difficulties in collecting enough data, or if the project is being done part-time.

Which One is More Expensive to Do?

As you’d expect, as a PhD takes three times as long to complete as a Masters degree, it will cost you more to do as far as university fees are concerned.

Another thing to consider is that many PhD projects come with some level of funding equivalent to a low salary, which may cover the cost of tuition fees and living expenses, whilst it is usually more difficult to obtain funding for Masters study.

Conversely, a Masters graduate may progress into a higher (versus PhD funding) salary sooner whilst a PhD student will endure three years of a comparatively low income.

A Masters vs a PhD: Conclusion

If you’re considering continue further graduate study after your undergraduate degree, the question of doing a Masters vs a PhD is likely to come up. They are both considered an advanced degree, each with their own advantages.

There are benefits to doing either of these graduate programs or even both of them; your decision here can be easier if you have an idea of the career you want to follow or if you know you have a love for research!

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2024 Best Grad Schools in the United States for Doctorate Degrees

There are lots of options to choose from today when trying to decide which grad school to attend. College Factual was founded, in part, to help students make the decision as to what would be the best school for them. Our Best Doctor's Degree Colleges ranking is part of that endeavor.

What's on This Page: * Our Methodology

• Best Graduate Schools List

Choosing the Best Grad School for You

Our analysis looked at 691 grad schools in the United States to determine which ones have the best doctorate degree programs. Our ranking for the best grad schools is based on objective factors. We steer clear of subjective measures since they don't give a clear picture when determining how one school compares to another. The following gives more info on what goes into our ranking factors and why we consider those factors.

Higher Than Average Earnings

To determine the overall quality of a graduate school, one factor we look at is the average early-career salary of those receiving a doctorate degree from the school. Recent students who earned a doctorate degree in the United States entered the job market making an average of $75,260 while those in the top 20 schools on our list made an average of $88,513.

Taking Out Student Loans

Graduate students may also take on a lot of debt while working on their doctorate so we factor that into our rankings as well. The average amount taken out in student loans for graduates at a particular school may be crippling for those who earn less than average wages after graduation.

More Ranking Factors That Are Important

We also analyze a number of other factors in addition to average post-graduation earnings and average student debt when coming up with our yearly Best Doctorate Degree Schools ranking. On a broad level, other factors that go into our rankings include such things as the demand of the school, the student body caliber, if the school has online options, and the educational resources provided by the school.

We go into more detail on these factors on our graduate school ranking methodology page.

One Size Does Not Fit All

Not quite ready to work on your doctorate? Check out our Best Master's Degree Schools ranking.

Top Doctorate Degree Schools in the United States

Learn more about these excellent grad schools below:

Our analysis found Massachusetts Institute of Technology to be the best grad school for doctorate degrees in the United States in this year’s ranking. MIT is a private not-for-profit institution located in Cambridge, Massachusetts. The school has a fairly large population, and it awarded 568 doctorate degrees in 2020-2021.

Those who receive a doctorate degree from MIT go into careers with an average salary of $115,303 during the early years of their career.

Learn More About Massachusetts Institute of Technology

The excellent doctorate degree programs at University of Pennsylvania helped the school earn the #2 place on this year’s ranking of the best schools in the United States. Located in Philadelphia, Pennsylvania, the large private not-for-profit school handed out 1,254 doctorate degrees in 2020-2021.

During the early years of their career, doctorate degree graduates from UPenn make an average of $97,555 a year.

Learn More About University of Pennsylvania

A rank of #3 on our Best Doctorate Degrees in the United States list means Stanford University is a great place for students working on their degree. Stanford is a fairly large private not-for-profit school situated in Stanford, California. It awarded 1,105 doctorate degrees in 2020-2021.

Upon graduation, doctorate degree recipients go on to jobs making an average salary of $98,295 during the early years of their career.

Read full report on Stanford University

You’ll join some of the best and brightest minds around if you attend Harvard University. The school came in at #4 in the United States on this year’s best doctorate degree schools ranking. Harvard is a private not-for-profit institution located in Cambridge, Massachusetts. The school has a large population, and it awarded 1,444 doctorate degrees in 2020-2021.

Those who receive a doctorate degree from Harvard go into careers with an average salary of $95,158 during the early years of their career.

Read full report on Harvard University

You’ll join some of the best and brightest minds around if you attend Princeton University. The school came in at #5 in the United States on this year’s best doctorate degree schools ranking. Princeton, New Jersey is the setting for this medium-sized institution of higher learning. The private not-for-profit school handed out doctorate degrees to 293 students in 2020-2021.

Full Princeton University Report

Carnegie Mellon University landed the #6 spot on the 2024 Best Doctorate Degree Schools in the United States ranking. This fairly large private not-for-profit school is located in Pittsburgh, Pennsylvania, and it awarded 333 doctorate degrees in 2020-2021.

Full Carnegie Mellon University Report

Northwestern University landed the #7 spot on the 2024 Best Doctorate Degree Schools in the United States ranking. Evanston, Illinois is the setting for this large institution of higher learning. The private not-for-profit school handed out doctorate degrees to 1,028 students in 2020-2021.

Upon graduation, doctorate degree recipients go on to jobs making an average salary of $93,954 during the early years of their career.

Read full report on Northwestern University

University of Chicago landed the #8 spot on the 2024 Best Doctorate Degree Schools in the United States ranking. University of Chicago is a fairly large private not-for-profit school located in Chicago, Illinois that handed out 755 doctorate degrees in 2020-2021.

During the early years of their career, doctorate degree graduates from UChicago make an average of $96,200 a year.

Learn More About University of Chicago

Rice University ranked #9 on this year’s Best Doctorate Degree Schools in the United States list. Rice is located in Houston, Texas and has a medium-sized student population. In 2020-2021, this school awarded 207 doctorate degrees to qualified graduate students.

Learn More About Rice University

University of Southern California did quite well in the 2024 Best Doctorate Degree Schools in the United States ranking, coming in at #10. Located in Los Angeles, California, the large private not-for-profit school handed out 1,914 doctorate degrees in 2020-2021.

During the early years of their career, doctorate degree graduates from USC make an average of $87,196 a year.

Learn More About University of Southern California

University of California - Berkeley ranked #11 on this year’s Best Doctorate Degree Schools in the United States list. UC Berkeley is a large public school situated in Berkeley, California. It awarded 1,187 doctorate degrees in 2020-2021.

Graduates with a doctorate degree from UC Berkeley make an average of $88,876 per year during the early years of their career.

Read full report on University of California - Berkeley

Vanderbilt University ranked #12 on this year’s Best Doctorate Degree Schools in the United States list. Vanderbilt is a private not-for-profit institution located in Nashville, Tennessee. The school has a fairly large population, and it awarded 787 doctorate degrees in 2020-2021.

During the early years of their career, doctorate degree graduates from Vanderbilt make an average of $91,182 a year.

Learn More About Vanderbilt University

Georgetown University did quite well in the 2024 Best Doctorate Degree Schools in the United States ranking, coming in at #13. Georgetown is a large private not-for-profit school situated in Washington, District of Columbia. It awarded 1,014 doctorate degrees in 2020-2021.

Graduates with a doctorate degree from Georgetown make an average of $105,462 per year during the early years of their career.

Learn More About Georgetown University

Yale University did quite well in the 2024 Best Doctorate Degree Schools in the United States ranking, coming in at #14. Located in New Haven, Connecticut, the fairly large private not-for-profit school awarded 742 diplomas to qualifed doctorate degree students in 2020-2021.

Those who receive a doctorate degree from Yale go into careers with an average salary of $91,187 during the early years of their career.

Read full report on Yale University

Teachers College at Columbia University did quite well in the 2024 Best Doctorate Degree Schools in the United States ranking, coming in at #15. Teachers College is a small private not-for-profit school situated in New York, New York. It awarded 185 doctorate degrees in 2020-2021.

Graduates with a doctorate degree from Teachers College make an average of $78,856 per year during the early years of their career.

Full Teachers College at Columbia University Report

Duke University came in at #16 in this year’s edition of the Best Doctorate Degree Schools in the United States ranking. Located in Durham, North Carolina, the fairly large private not-for-profit school handed out 949 doctorate degrees in 2020-2021.

Graduates with a doctorate degree from Duke make an average of $92,967 per year during the early years of their career.

Full Duke University Report

Columbia University in the City of New York landed the #17 spot on the 2024 Best Doctorate Degree Schools in the United States ranking. Columbia is a large private not-for-profit school situated in New York, New York. It awarded 1,502 doctorate degrees in 2020-2021.

During the early years of their career, doctorate degree graduates from Columbia make an average of $102,938 a year.

Learn More About Columbia University in the City of New York

Bentley University did quite well in the 2024 Best Doctorate Degree Schools in the United States ranking, coming in at #18. Bentley is located in Waltham, Massachusetts and has a medium-sized student population. In 2020-2021, this school awarded 1 doctorate degrees to qualified graduate students.

Full Bentley University Report

Suffolk University landed the #19 spot on the 2024 Best Doctorate Degree Schools in the United States ranking. This medium-sized private not-for-profit school is located in Boston, Massachusetts, and it awarded 351 doctorate degrees in 2020-2021.

The average salary of a graduate with a doctorate degree from Suffolk is $56,355 during the early years of their career.

Read full report on Suffolk University

Cornell University landed the #20 spot on the 2024 Best Doctorate Degree Schools in the United States ranking. Cornell is a private not-for-profit institution located in Ithaca, New York. The school has a large population, and it awarded 777 doctorate degrees in 2020-2021.

The average salary of a graduate with a doctorate degree from Cornell is $107,405 during the early years of their career.

Read full report on Cornell University

With a ranking of #21, Georgia Institute of Technology - Main Campus did quite well on the 2024 Best Doctorate Degree Schools in the United States list. Atlanta, Georgia is the setting for this large institution of higher learning. The public school handed out doctorate degrees to 577 students in 2020-2021.

Full Georgia Institute of Technology - Main Campus Report

Brown University ranked #22 on this year’s Best Doctorate Degree Schools in the United States list. This fairly large private not-for-profit school is located in Providence, Rhode Island, and it awarded 293 doctorate degrees in 2020-2021.

The average salary of a graduate with a doctorate degree from Brown is $60,843 during the early years of their career.

Read full report on Brown University

Washington University in St Louis came in at #23 in this year’s edition of the Best Doctorate Degree Schools in the United States ranking. WUSTL is located in Saint Louis, Missouri and has a fairly large student population. In 2020-2021, this school awarded 742 doctorate degrees to qualified graduate students.

During the early years of their career, doctorate degree graduates from WUSTL make an average of $72,507 a year.

Learn More About Washington University in St Louis

University of Notre Dame did quite well in the 2024 Best Doctorate Degree Schools in the United States ranking, coming in at #24. Notre Dame, Indiana is the setting for this fairly large institution of higher learning. The private not-for-profit school handed out doctorate degrees to 422 students in 2020-2021.

During the early years of their career, doctorate degree graduates from Notre Dame make an average of $78,016 a year.

Read full report on University of Notre Dame

With a ranking of #25, California Institute of Technology did quite well on the 2024 Best Doctorate Degree Schools in the United States list. Caltech is located in Pasadena, California and has a small student population. In 2020-2021, this school awarded 184 doctorate degrees to qualified graduate students.

Those who receive a doctorate degree from Caltech go into careers with an average salary of $59,996 during the early years of their career.

Read full report on California Institute of Technology

Rest of the Top 50 Best Doctorate Degree Schools in the United States

Not only did these schools make the top 50 list, but they also landed in the top 15% of this year’s ranking:

Narrow Doctorate Degree Schools by Region

Rocky mountains, middle atlantic, great lakes, new england, plains states, far western us, other u.s. territories, rest of the top 15% doctorate degree schools in the united states.

To learn more about the schools below, just click on their names:

Honorable Mentions

These schools also performed well in our Best Doctorate Degree Schools ranking:

More Rankings

Bachelor's degrees, returning adults, master's degrees.

More Rankings >

Notes and References

• The Integrated Postsecondary Education Data System ( IPEDS ) from the National Center for Education Statistics (NCES), a branch of the U.S. Department of Education (DOE) serves as the core of our data about colleges.
• Some other college data, including much of the graduate earnings data, comes from the U.S. Department of Education’s ( College Scorecard ).
• Information about the national average student loan default rate is from the U.S. Department of Education and refers to data about the 2016 borrower cohort tracking period for which the cohort default rate (CDR) was 10.1%.

More about our data sources and methodologies .

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Tips for Online Students , Tips for Students

Master’s vs PhD — These are the Main Differences

Updated: July 18, 2022

Published: October 31, 2019

The consideration between earning a master’s vs PhD is not always an easy choice. While many careers and personal aspirations may be complete with just an undergraduate degree (Associate’s or Bachelor’s), a lot of people continue their higher education to obtain graduate degrees. These include a master’s and/or a PhD.

Neither a master’s degree nor a PhD is considered to be a walk in the park. Therefore, it’s useful to understand why you would earn either and then decide how far to go.

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Definitions: master’s vs phd.

Bost a master’s and PhD are defined as postgraduate degrees, but they require different commitments and styles of learning.

1. Master’s Degree:

Mostly all master’s degrees will require the completion of an undergraduate bachelor’s degree to enroll. They generally all share the same common requirement for a thesis or dissertation to graduate.

Earning a master’s degree through a taught program will result in the completion of a Master of Art (MA), Master of Science (MS), or Master of Philosophy (MPhil). For those who earn their master’s degree through research, they will earn a Master of Research (Mre), in a tailored field of study. There are also degree-specific master’s programs like Master of Business Administration (MBA) and Master of Education (M.Ed).

After earning a master’s degree, the next step is a PhD, which entails both working and performing research at an institution. A PhD is an abbreviation for “Doctor of Philosophy.” It is the highest academic degree one can achieve. As such, it is a time-consuming pursuit that requires a lot of studying and research.

You may be wondering, “Do you need a master’s to get a PhD?”

Technically, the answer is not always. Some students skip a master’s and go straight for their PhD, but they may lack research experience. While it could save money, the transition between a bachelor’s and a PhD is incredibly sharp. It may be harder to complete a PhD without the experience from a master’s.

Yet, some institutions may allow for the possibility to earn both your master’s and PhD in conjunction with one another. This will alleviate the transition between skipping a master’s and going straight to earning a PhD.

Should You Get a Master’s or PhD?

There are many considerations to factor when deciding between a master’s of PhD. For starters, it’s useful to consider the amount of time it will take, the cost, and the benefits and disadvantages of each. It is also of utmost importance to explore your own personal goals and reasons for wanting a graduate degree.

If your desired career of choice requires a PhD, like becoming a university professor, then you have your answer. If you want to start a business and benefit by networking while in school, a Master of Business Administration (MBA) could be a good idea. Consider what you want to pursue as a career and find out the requirements first.

Another useful thing to note is that a master’s degree can be used for a shift in careers. For example, if you attended college and earned a bachelor’s degree in humanities, but now you want to pursue science, you can still earn your master’s degree in a scientific discipline. On the other hand, a PhD is tailored to your field of study and specialty, so it will require that you are sure of your direction when you first earn your master’s degree.

Length of Time

A typical master’s degree program takes about two years full-time. However, there are accelerated programs that can be completed in just a year or so.

A PhD, in general, requires five to six years of studying, teaching, and research. However, it may even take some students up to eight or nine years to graduate. With this significant investment in time, it’s necessary to know if a PhD is right for you before starting.

The cost of both programs varies by institution and enrollment status of part-time versus full-time. However, since a PhD takes longer to complete, it will end up costing more. With that said, if you look into your return on investment, a PhD could end up yielding a higher salary, and therefore end up “costing less.”

Additionally, there is also the possibility of being paid to complete your PhD. Some students may receive an academic stipend, a university fellowship or apprenticeship or a reduced fee to earn their PhD while completing research (or teaching) at an institution. It’s also possible to get financial aid through a scholarship or grant.

As tuition rates continue to rise, it’s useful to look into alternative institutions for affordable education. For example, the University of the People offers a tuition-free master’s program in Business Administration and Education. This means you can study 100% online and graduate for less than the cost of most programs.

Weighing the Benefits

When comparing the two degree types, here are some benefits of each:

• Career-oriented
• Can open the door for more job opportunities
• Costs less than a PhD
• Takes less time than a PhD
• Helps you stand out from those with only an undergraduate degree
• You can perform research in your field of choice
• You become an expert in your field
• The prefix Dr. is added to your name
• You can teach in academia at the highest level

Required Commitment and Reasons to Pursue

Both a master’s and a PhD require a huge amount of hard work and utter commitment. You must be dedicated and motivated to complete either degree. Since most careers only may require a bachelor’s degree, having a master’s or PhD will set you apart from the competition. However, this should not be the sole reason to pursue either.

You may be wondering why would you earn either degree. Here’s a look at some motivational factors:

Reasons to Study for a Master’s

• Your career requires it (see next section)
• You want to advance your subject knowledge
• You want to experience graduate school and network with peers

Reasons to Study for a PhD

• You want to contribute new research to your field of choice
• Your career requires a PhD
• You want to earn the title of Dr.

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Required degrees by career.

Most people are motivated to pursue higher education because their desired careers require they do so. Here, we will break down those fields that require the completion of a master’s degree as it’s high on the list of reasons why to get one.

• Education Administration: To work as an administrator in an educational institution, you need to hold an advanced degree. A Master’s in Education (M.Ed) will provide you with the necessary knowledge and required skills to succeed in the field.
• Executive Level Business: A Master’s in Business (MBA) will not only place you ahead of the competition to land high-level positions in the field of business, but it can also be the jumping off point for becoming your own boss.
• Environmental Science: With issues in climate change and technological advancement, careers in Environmental Science are growing. As with most scientific careers, it requires a master’s degree where you will learn Applied Ecology, Environmental Policy, Environmental Chemistry, and more.
• Mental Health: To become a licensed practitioner and assist in mental health counseling, you will continue your education through a master’s degree in the field.
• Physical Therapy: Employers of physical therapists often prefer them to obtain a master’s degree in the discipline as the field is highly specialized.

Of course, some careers require a PhD. These careers are easy to spot because they have the prefix Dr. in front of them or the suffix like J.D. (Juris Doctor). To become a lawyer, doctor of medicine, veterinary medicine or psychologist/psychiatrist, you must obtain a PhD in the respective field.

Salary Differences Between Master’s and Ph.D. Graduates

According to a study performed by the Georgetown University Center on Education and the Workforce , the overall evidence shows that the higher the degree you have, the higher your salary potential. However, the differences vary by subject level and field.

In general, the expected lifetime earnings of those with each degree level is as follows:

• High School Diploma: $973,000
• Bachelor’s Degree: $1.3 million
• Master’s Degree: $2.7 million
• Doctorate Degree: $3.3 million

The Bottom Line

Aside from the financial cost and length of time, the opportunity to earn a master’s and a doctorate degree can offer several benefits.

However, it is an undertaking that requires a lot of dedication and motivation on behalf of the student. As such, it’s important to perform research on your desired career’s requirements, as well as your personal interest in pursuing either a Phd vs master’s.

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A Johns Hopkins postdoc, Herbert Baxter Adams, brought the seminar method of teaching from Germany, where he earned a PhD in 1876. The idea: That students would learn more by doing than by listening to lectures and taking exams.

That spirit of inquiry , of challenging the way things are done, lives on today in our nine academic divisions, all of which offer full-time graduate programs.

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We offer six types of doctoral degrees in over eighty fields of study. Most of our doctoral degrees are PhDs; we also offer a Doctor of Education, Doctor of Environmental Science and Engineering, Doctor of Public Health, Doctor of Musical Arts, and Doctor of Nursing Practice.

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Doctoral programs vary widely in the number of required courses as well as additional requirements. Most programs use the first year to prepare students for their chosen field. Some programs conduct an end-of-the-year exam for each first-year cohort, while others evaluate student by courses, papers, and projects completed in that first year. In addition to being assigned a Student Affairs Officer (SAO) by your program, you’ll also mutually choose your Faculty Advisor. Generally this is a natural process where a student’s and a faculty member’s interests and areas of specialization align. This relationship is an important one, which lasts well beyond a student’s tenure at UCLA. In your first year, you’ll take courses with a wide variety of faculty and make lasting friendships with your cohort.

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We’ve assembled all UCLA-wide forms that may be useful to a graduate student on a Master’s track in one place:  Forms for UCLA Doctoral Students . Your specific program may provide additional forms for your use. Here are some of the most common.

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KNOW YOUR PROGRAM REQUIREMENTS

To keep on track, a Doctoral student must meet specific requirements for a student’s program.

Type the name of your program to jump straight to its requirements:

Your Program Requirements cover most things a current student needs to know in order to graduate on time.  Our FAQs  answers a few common questions about program requirements. Any outstanding questions can be answered by your program through their website or from your Student Affairs Officer (SAO).

If your program offers a Master’s Degree along the path toward a Doctorate, you’ll be required to initiate a specialized process and meet criteria specific to your program.

NOMINATE YOUR DOCTORAL COMMITTEE

During your second or third year, you’ll begin assembling (nominating) your Doctoral Committee. Your committee is comprised of 4 or more faculty members (3 or more faculty members for professional (non-Ph.D.) doctoral committees) who are experts in your field who can guide you in your research. Some committee members will be on-campus while a few may be located at another academic institution. All committee members will be responsible for reviewing your work periodically, advising you on your direction and independent research, assessing your university oral qualifying exam, and approving your dissertation.

On occasion, your committee will fall out of compliance, in which case you’ll be required to  reconstitute your Doctoral committee . Common reasons include when one of your committee members leaves her or his post at UCLA or when you or a current committee member decides that you’ll benefit more by working with a different faculty member.

For more about your doctoral committee, see the Graduate Council’s guide  Graduate Student Academic Rights and Responsibilities  and  Standards and Procedures for Graduate Study at UCLA .

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Becoming a doctoral degree candidate is not a given. The first phase of your doctoral program is supervised by a faculty advisor or guidance committee. Your program will administer the written, and in some cases the program’s oral qualifying, exam after you complete courses and other preparatory work recommended or required by your program

Your doctoral committee may also require additional written exams. Only upon satisfactory completion of the written and oral qualifying requirements may you advance to candidacy. A student must also have met language requirements for advancement. This accomplishment generally happens between your second and fourth year.

CONTINUE PROGRESS TOWARD YOUR DOCTORAL DEGREE

With the guidance of your Doctoral Committee, you’ll conduct fieldwork, research, writing, and independent study all the way up through your dissertation.

While you’re completing your degree, keep an eye on your future. Be sure to participate in the great career and professional development events and resources at UCLA.

DEFENDING YOUR DISSERTATION

Some programs require you to present your dissertation to your doctoral committee in a time-honored event called the final oral examination (or final defense). To find out if your program has this requirement, consult your program requirements for the year you were admitted (see KNOW YOUR PROGRAM REQUIREMENTS above).

FILE YOUR DISSERTATION

You will complete an approved doctoral dissertation that demonstrates your ability to perform original, independent research and constitutes a distinct contribution to knowledge in your principal field of study.

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Doctoral Degrees are awarded four times a year, and are integrated into a single commencement—called the Doctoral Hooding Ceremony—held once each year at the beginning of June.  UCLA Graduate Commencement for Doctoral Students  is where you’ll find info about tickets, locations, schedule, parking, and dress code (including caps and gowns). For information on commencement ceremonies hosted by various graduate departments and programs, search for your program on this year’s schedule .

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The Harvard Department of Physics offers students innovative educational and research opportunities with renowned faculty in state-of-the-art facilities, exploring fundamental problems involving physics at all scales. Our primary areas of experimental and theoretical research are atomic and molecular physics, astrophysics and cosmology, biophysics, chemical physics, computational physics, condensed-matter physics, materials science, mathematical physics, particle physics, quantum optics, quantum field theory, quantum information, string theory, and relativity.

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At Rice, graduate study is offered in three broad categories:

• Research-based programs (thesis) leading to the M.A., M.S., and various doctoral degrees,
• Professional master's programs (non-thesis) which provide advanced course work and lead to degrees in specific disciplines.
• Graduate certificate programs which provide post-bachelor's coursework (typlically 4-5 courses) to recognize students who have achieved a defined level of competence, skill, or professional expertise

Research-based degrees will transform a student to be expert in their field; qualified doctoral applicants often receive tuition support and a stipend to support cost of living. Non-thesis master's degrees and graduate certificates offer exceptional training and propel students to the next level of their careers.

Use the links below to find information on specific programs. A full chart of degree programs is found in the General Announcements . Graduate programs at Rice usually require full-time study, however, many non-thesis programs can be completed on a part-time basis and some offer online options. Check with your department of interest for specifics, including application deadlines.

Rice Graduate Studies is not requiring the GRE for 2024, but will provide students with the option of submitting those scores. However, the following individual Rice degree programs will recommend, strongly recommend, or require the general GRE for 2024 admission:

• General GRE is recommended but not required: Ph.D. in Political Science; Master's in Material Science and NanoEngineering; Ph.D. in Materials Science and NanoEngineering
• General GRE is strongly recommended but not required: Master's in Civil and Environmental Engineering, Ph.D. in Environmental Engineering, Ph.D. in Civil Engineering; Master's in Architecture; Master's in Mechanical Engineering, Ph.D. in Mechanical Engineering
• General GRE is required for the PhD in Economics

Please check in with your program of application on all individual requirements.

Graduate programs in the Jones School of Business generally require some standardized testing, such as GMAT, Executive Assessment or the GRE. Waivers may be available for those with appropriate qualifications as described at the Jones School’s application site.

For 2024, Rice is also waiving doctoral application fee waivers for students graduating from institutions in Texas or bordering states, or for students who reside in those states. This excludes programs in the Jones School of Business.

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10 facts about today’s college graduates

Having a bachelor’s degree remains an important advantage in many sectors of the U.S. labor market. College graduates generally out-earn those who have not attended college, and they are more likely to be employed in the first place. At the same time, many Americans say they cannot afford to get a four-year degree – or that they just don’t want to.

Here are key facts about American college graduates.

This Pew Research Center analysis about U.S. college graduates relies on data from sources including the Census Bureau, the Bureau of Labor Statistics, the National Center for Education Statistics, the National Student Clearinghouse and the Federal Reserve Bank, as well as surveys conducted by the Center.

Everyone who took the Pew Research Center surveys cited is a member of the Center’s American Trends Panel (ATP), an online survey panel that is recruited through national, random sampling of residential addresses. This way nearly all U.S. adults have a chance of selection. The survey is weighted to be representative of the U.S. adult population by gender, race, ethnicity, partisan affiliation, education and other categories. Read more about  the ATP’s methodology .

Nearly four-in-ten Americans ages 25 and older have a bachelor’s degree, a share that has grown over the last decade. As of 2021, 37.9% of adults in this age group held a bachelor’s degree, including 14.3% who also obtained a graduate or professional degree, according to data from the Census Bureau’s Current Population Survey. That share is up 7.5 percentage points from 30.4% in 2011.

An additional 10.5% had an associate degree in 2021. About four-in-ten Americans ages 25 and older had a high school diploma with no further education (25.3%) or completed some college but didn’t have a degree (14.9%).

In a reversal, women are now more likely than men to graduate from college, according to the Current Population Survey . In 2021, 39% of women ages 25 and older had a bachelor’s degree or more education, compared with 37% of men in the same age range. The gap in college completion is even wider among adults ages 25 to 34: 46% of women in this age group have at least a bachelor’s degree, compared with 36% of men.

In an October 2021 Pew Research Center survey of Americans without a degree, 34% of men said a major reason why they have not received a four-year college degree is that they just didn’t want to. Only one-in-four women said the same. Men were also more likely to say a major reason they didn’t have a four-year degree is that they didn’t need more education for the job or career they wanted (26% of men said this vs. 20% of women).

Women (44%) were more likely than men (39%) to say not being able to afford college was a major reason they don’t have a bachelor’s degree. Men and women were about equally likely to say a major impediment was needing to work to help support their family.

There are racial and ethnic differences in college graduation patterns, as well as in the reasons for not completing a degree. Among adults ages 25 and older, 61% of Asian Americans have a bachelor’s degree or more education, along with 42% of White adults, 28% of Black adults and 21% of Hispanic adults, according to 2021 Current Population Survey data. The share of bachelor’s degree holders in each group has increased since 2010. That year, 52% of Asian Americans had a four-year degree or more, compared with a third of White adults, 20% of Black adults and 14% of Hispanic adults.

The October 2021 Center survey found that among adults without a bachelor’s degree, Hispanic adults (52%) were more likely than those who are White (39%) or Black (41%) to say a major reason they didn’t graduate from a four-year college is that they couldn’t afford it. Hispanic and Black adults were more likely than their White counterparts to say needing to work to support their family was a major reason.

While a third of White adults said not wanting to go to school was a major reason they didn’t complete a four-year degree, smaller shares of Black (22%) and Hispanic (23%) adults said the same. White adults were also more likely to cite not needing more education for the job or career they wanted. (There weren’t enough Asian adults without a bachelor’s degree in the sample to analyze separately.)

Only 62% of students who start a degree or certificate program finish their program within six years, according to the most recent data from the  National Student Clearinghouse , a nonprofit verification and research organization that tracked first-time college students who enrolled in fall 2015 with the intent of pursuing a degree or certificate. The degree completion rate for this group was highest among students who started at four-year, private, nonprofit schools (78.3%), and lowest among those who started at two-year public institutions (42.2%).

Business is the most commonly held bachelor’s degree, followed by health professions.  According to the  National Center for Education Statistics , about a fifth (19%) of the roughly 2 million bachelor’s degrees conferred in 2019-20 were in business. Health professions and related programs were the second most-popular field, making up 12.6% of degrees conferred that year. Business has been the single most common major since 1980-81; before that, education led the way.

The  least  common bachelor’s degrees in 2019-20 were in military technologies and applied sciences (1,156 degrees conferred in 2019-20), library science (118), and precision production (39).

There is a growing earnings gap between young college graduates and their counterparts without degrees. In 2021, full-time workers ages 22 to 27 who held a bachelor’s degree, but no further education, made a median annual wage of $52,000, compared with $30,000 for full-time workers of the same age with a high school diploma and no degree, according to data from the Bureau of Labor Statistics. This gap has widened over time. Young bachelor’s degree holders earned a median annual wage of $48,481 in 1990, compared with $35,257 for full-time workers ages 22 to 27 with a high school diploma.

The unemployment rate is lower for college graduates than for workers without a bachelor’s degree, and that gap widened as a result of the coronavirus pandemic. In February 2020, just before the COVID-19 outbreak began in the U.S., only 1.9% of college graduates ages 25 and older were unemployed, compared with 3.1% of workers who completed some college but not a four-year degree, and 3.7% of workers with only a high school diploma. By June 2020, after the pandemic hit, 6.8% of college grads, 10.8% of workers with some college, and 12.2% of high school grads were unemployed.

By March 2022, the unemployment rate had nearly returned to pre-pandemic levels for college graduates (2%) while dropping to 3% among those with some college education but no four-year degree, and 4% among those with only a high school diploma.

Recent college graduates are more likely than graduates overall to be underemployed – that is, working in jobs that typically do not require a college degree, according to an analysis of Census Bureau and BLS data by the Federal Reserve Bank of New York . As of December 2021, 41% of college graduates ages 22 to 27 were underemployed, compared with 34% among all college graduates. The underemployment rates for recent college grads rose in 2020 as the COVID-19 outbreak strained the job market, but have since returned to pre-pandemic levels.

As of the end of 2021, only 34% of underemployed graduates ages 22 to 27 worked what the Fed defines as “good non-college jobs” – those paying at least $45,000 a year – down from around half in the 1990s. The share of underemployed graduates ages 22 to 27 in low-wage jobs – those earning less than $25,000 annually – rose from about 9% in 1990 to 11% last year.

When it comes to income and wealth accumulation, first-generation college graduates lag substantially behind those with college-educated parents, according to a May 2021 Pew Research Center analysis . Households headed by a first-generation college graduate – that is, someone who has completed at least a bachelor’s degree but does not have a parent with a college degree – had a median annual income of $99,600 in 2019, compared with $135,800 for households headed by those with at least one parent who graduated from college. The median wealth of households headed by first-generation college graduates ($152,000) also trailed that of households headed by someone with a parent who graduated from college ($244,500). The higher household income of the latter facilitates saving and wealth accumulation.

The gap also reflects differences in how individuals finance their education. Second-generation college graduates tend to come from  more affluent families , while first-generation college graduates are more likely to incur education debt than those with a college-educated parent.

Most Americans with college degrees see value in their experience. In the Center’s October 2021 survey , majorities of graduates said their college education was extremely or very useful when it came to helping them grow personally and intellectually (79%), opening doors to job opportunities (70%) and developing specific skills and knowledge that could be used in the workplace (65%).

Younger college graduates were less likely than older ones to see value in their college education. For example, only a third of college graduates younger than 50 said their college experience was extremely useful in helping them develop skills and knowledge that could be used in the workplace. Among college graduates ages 50 and older, 45% said this.

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Anthropology PhD graduate works to highlight range of cultures and backgrounds

Mirtha Garcia Reyes travels in Spain while conducting her dissertation research. Courtesy photo

Editor’s note: This story is part of a series of profiles of notable spring 2024 graduates.

Her academic career has come full circle: Once an undergraduate first-generation student at Arizona State University, Mirtha Garcia Reyes is now completing her PhD in sociocultural anthropology. 

Garcia Reyes earned dual bachelor's degrees in Spanish and anthropology while an undergraduate student at ASU’s Barrett, The Honors College. She then received a Master of Arts in visual anthropology from the University of Southern California, before going on to earn her PhD in anthropology from ASU’s School of Human Evolution and Social Change this spring.

ASU News spoke with Garcia Reyes about her PhD journey. 

Answers have been edited for length and clarity.

Question: What brought you to ASU for your PhD?

Answer: I selected Arizona State University for my PhD because I really appreciated and wanted to work alongside the amazing faculty I met as an undergraduate student. Professor  Takeyuki (Gaku) Tsuda’s engaging immigration course and President’s Professor Amber Wutich’s informative global health course enthralled me into solidifying that I wanted to pursue anthropology as one of my degrees as I learned so much in their courses.

I also selected ASU because of the welcoming faculty I met during the grad student welcome event, such as Emir Estrada , associate professor, whose passion for helping students made me feel welcomed.

Lastly, I really wanted to attend ASU for my PhD because I appreciated the flexibility and interdisciplinary approach to the classes I could take to complete my program, which would help me be a well-rounded ethnographic researcher by integrating different perspectives from a plethora of fields such as Indigenous studies, political science, gender studies, etc. I also appreciated that in this sociocultural anthropology program, I could incorporate my previous visual anthropology graduate degree expertise into my research. 

Q: How did you decide to major in anthropology? What was your “aha” moment?

A: My "aha" moment was my first anthropology course, an introduction to cultural and social anthropology. I did not learn what anthropology was until I took this course in my first semester as a first-generation freshman at ASU. I always wanted to learn more about others in all capacities and find ways to help people understand and appreciate each other’s cultures and backgrounds. When I learned that anthropologists had the opportunity to do this when they conducted ethnographic research and interviews, I knew that this was the field for me.

Q: What does your PhD research focus on, and why is it important? 

A:  My research explored the experiences and identities of 33 trans individuals who live in Valencia, Spain . I used a multi-method and comparative approach and analysis to understand the lives of 19 trans individuals born in Spain and 14 individuals who migrated from Latin America, Russia, Ukraine and Belgium. Relying on intersectional qualitative methodologies, semi-structured interviews, a photovoice project, archival research and over 100 hours of participant observation, my research documents a critical historical moment for trans communities. 

This research focuses on non-migrant and migrant trans individuals’ sense of belonging and incorporation into Spain’s public and private spheres. The dissertation also sheds light on the immigration experience of trans individuals fleeing their countries of origin, mostly from Latin America, to escape gender discrimination in hopes of finding a safe place to live in Spain. It also shows the critical role that social relations and support systems play in their overall well-being.

This research is important because it highlights the variability that exists among trans communities, including the experience of migrants, and how due to these differing experiences it is important to tailor laws, policies and programs to incorporate and address the needs of all of these diverse communities. 

Q: Which professor/course taught you the most important lesson while at ASU?

A: The courses that taught me the most important lessons while at ASU were the ethnography courses by Professor Takeyuki Tsuda and Associate Professor Emir Estrada and the ethnographic research methods by President’s Professor Amber Wutich. These courses taught me how to find my own ethnographer voice and approach to pursuing my research. In my ethnography courses, I learned how to analyze ethnographic accounts and case studies and how social science researchers pursued their work efficiently and focused on the communities that were part of the studies. In my research methods class, I learned about different qualitative methods and how to implement different tools to produce a successful study.

Q: Any awards or grants you’d like to tell us about?

A: I was honored to have received the Wells Fargo Transborder Chicana/o and Latina/o Studies Research Scholarship as part of my pilot study, the Tripke Travel Grant for experiential archival research, the 2023 Barrett Honors College Alumni Service Award Winner , and the ASU Graduate College Completion Fellowship to complete the writing component of my dissertation this academic year.

Q: Anything else you would like to add?

A: I would like to add that I am very much appreciative and grateful for my terrific committee. My co-chairs helped me tremendously every step of the way as I have pursued pilot research, applied for funding, jobs, postdocs and fellowships, and as I have completed my degree. 

I am also extremely grateful for my committee members  Marivel Danielson , associate professor at the School of Transborder Studies, and Paula Otero-Hermida , postdoctoral researcher at INGENIO CSIC-UPV. Both have provided support, feedback and advice along the way. I am also very grateful for such a supportive department. Everyone in the School of Human Evolution and Social Change, from the staff to the faculty, have not only helped me feel supported and heard, but I have enjoyed the opportunity to work alongside such a kind team. Their goal is to guide, teach and support students while pursuing and encouraging them to partake in innovative and impactful research.

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BME students receive NSF Graduate Research Fellowships

April 22, 2024 — Congratulations to our 2024 National Science Foundation (NSF) Graduate Research Fellowship recipients:

• Bri Brennecke — PhD student in Paolo Provenzano and David Wood’s labs
• Hannah Szafraniec — PhD student in Dave Wood’s lab

In addition, two BME students were recognized with an honorable mention:

• Kira Lynch  — Undergraduate student
• Paige Nielsen — PhD student in Kyoko Yoshida’s lab

The NSF Graduate Research Fellowship program recognizes and supports outstanding graduate students in NSF-supported science, technology, engineering, and mathematics disciplines who are pursuing research-based master’s and doctoral degrees at accredited U.S. institutions. Fellowships provide the student with a three-year annual stipend of $37,000 along with a $16,000 cost of education allowance for tuition and fees (paid to the institution), as well as access to opportunities for professional development available to NSF-supported graduate students.  

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Mizzou Engineering

Sweet receives prestigious nsf graduate research fellowship.

April 23, 2024

Campbell Sweet, a PhD student in chemical engineering , has received a 2024 National Science Foundation Graduate Research Fellowship (NSF GRF).

Sweet is currently in the first year of her PhD program at Mizzou, conducting research under the mentorship of Professor  Patrick Pinhero . The award covers three years of a graduate program.

“I was very excited when I found out I won this award,” Sweet said. “I’m honored and grateful to have received it. I’m looking forward to putting the research I proposed in my application statement into action with the support of the National Science Foundation, my peers and my mentors.”

The path toward graduate research began for Sweet during the summer of 2021, when she started working as an undergraduate researcher in Pinhero’s lab. It was initially supposed to just be for the summer to gain experience for her resume, but Sweet was fascinated by the work and passionate about sustainable energy.

So, she continued working on projects with Pinhero after the summer ended, through the end of her senior year.

“I had a really great time doing projects as an undergrad,” Sweet said. “The more I learned in my research, the more I could use in the classroom. I could see more and more connections forming between the two in my last two years, and it made me realize that this path was right for me.”

In addition to undergraduate research, Sweet was involved with Mizzou’s chapter of the American Institute for Chemical Engineers (AIChE), the organization’s Chem-E-Car team and Mizzou Engineering Peer Learning Assistants. She was also awarded Outstanding Junior in Chemical Engineering in spring 2022 and Most Outstanding Process Design Student in spring 2023.

Sweet graduated with a Bachelor of Science in Chemical Engineering in May 2023 and returned in the fall to begin her graduate research.

“My experiences as a chemical engineering undergraduate at Mizzou prepared me to take on challenges anywhere,” she said. “I could have explored other options for graduate school, but I loved my mentors here at Mizzou and I loved Columbia. I wanted to do my best to continue learning from and contributing to this place.”

Since beginning her graduate studies, her enthusiastic approach to research has only grown.

“I love the work, I love the creativity,” she said. “I feel like you get to be more of yourself doing research — you’re not given a task that you have to complete, you get to choose the problem that you want to solve and the path you take toward the solution.”

The broader problem Sweet is trying to solve is increasing the supply of clean energy. Through her graduate research, she plans to investigate mass transfer limitations in molten salt-based electrorefining systems. Molten salt-based electrorefining is a potentially more sustainable alternative to current reprocessing techniques for spent nuclear fuel and permanent magnet scrap. She hopes that her work will contribute to optimizing the reprocessing of these materials via clean pathways and increasing their reutilization rates.

Sweet actually applied for the NSF GRF last year but did not feel as confident in her work, which was reflected in her application. But that’s changed over the past year as she’s begun her graduate studies.

“I applied last year because my research mentor encouraged me to, but I didn’t think I could get it because it was such a prestigious honor” she said. “I compared myself to others and I didn’t think that was who I was at that time. I had little confidence that I was the type of person who receives this type of award. I had to overcome that to submit a better application that was more representative of myself and my research.”

Right now, Sweet is just beginning her graduate studies. But she says that while her ultimate career goal is still undecided, she is interested in staying in academia.

“As a peer learning assistant for chemical engineering courses I became interested in teaching and instruction along with research,” she said. “So, I’m definitely thinking about post-doctoral training and potentially getting back into academia as a research professor. I’d like to make contributions to science directly as a researcher and through the education of future generations as a teacher.”

Two other Mizzou Engineering alumni taking part in PhD programs at other institutions also received NSF Graduate Research Fellowships . Congratulations to Jacob Search (mechanical engineering `22) and Yousuf El-Jayyousi (biomedical engineering `21)!

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