Business

PhDs and business leaders weigh in on the costs and benefits of getting your doctorate degree, and how to decide if it's the right move for your career

Published Nov 18 2020 at 4:58 PM GMT

Key
Points

A PhD often brings prestige and career clout that can lead to bigger and better opportunities.
It can also be a strong test of your resilience and aptitude.
Philippe Barbe, who has a PhD in math and has served as an invited professor at Yale and Virginia Tech, said that going back to school for your doctorate "is very much like training and running a marathon, a test of your will.
"Once you pass it, you know how far you can go," Barbe said.
But the degree also comes at a steep price.