Doctoral Degree Tier List 2024 (Doctorate Degrees RANKED)

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These videos are for entertainment purposes only and they are just Shane's opinion based off of his own life experience and the research that he's done. Shane is not an attorney, CPA, insurance, or financial advisor and the information presented shall not be construed as tax, legal, insurance, safety or financial advice. If stocks or companies are mentioned, Shane might have an ownership interest in them. Affiliate links may be present, the offers and numbers presented may change over time so please make sure to confirm that the offer is still valid. Some offers mentioned may no longer be available or they have been changed. Please don’t make buying or selling decisions based on Shane’s videos. If you need such advice, please contact the qualified legal or financial professionals, don't just trust the opinion of a stranger on the internet and always make sure to do your own research and enjoy this family friendly content.

Sources and further readings for jobs and college degrees:

[ShaneHummus]

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[MadeEasy]

Just got my Ph.D. in Gender studies and Gender Engineering. So excited. Can't wait to engineer new genders and see how they behave. I always had a passion for Starbucks.

[braylonlane]

As a teacher, nobody goes into teaching wanting to earn a doctorate to CONTINUE TEACHING. People with educational doctorate’s are then qualified to become good applicants for administrative roles like principal, superintendent, or director of community education.

[michaeldillman]

As a PhD student, one thing I think most people don't realize is that you don't pay for a PhD in most fields - excluding professional schools like Law/Med school.
Typically, you don't pay any tuition and are given a stipend of ~$2, 500-$3, 000/month (twice that if you're in the University of Cali system) to conduct research, assistant teach, etc.

Another thing many people seem to miss (Shane included) is that most doctoral students in social sciences (Econ/Psych/Poli Sci/etc) gain valuable data science skills that enable them to work private sector tech jobs after completing their program. For example, just half of Econ PhD's currently work in academia. The other half work industry jobs. The average pay shows $150k, but that's because the $100k academia jobs are balanced out by the $200k industry jobs.

[kennethkau]

Hi Shane,

Definitely overlooked Economics PhD’s. Econ PhD’s do very well on the job market compared to other social sciences, even better than Psychology.

PhD Economists need advanced mathematics such as linear algebra, differential equations, probability theory, real analysis, and high GRE scores just to get into a PhD program. Rigorous barriers to entry limit the supply of graduates.

All Econ PhD’s can code or use some sort of statistical software.

[amydassi]

Shane, I know this is unrelated but I just wanted to share that I just graduated from college with a Bachelor’s in Business Management and landed a job with a $65k starting salary at a big company with great benefits and guaranteed advancement after 2 years! They also will pay for me to get my MBA if I want. Your videos helped me a lot in feeling confident that I chose a good major :)

[kevfer]

Just wanted to drop my 2 cents here, I'm a physics PhD student. I can't speak for other sciences, but if you have a bachelors in physics/math and you do just a little bit of career prep junior/senior year of college you can line up 70-90k jobs quite readily. As far as PhD goes, you can land really lucrative jobs in analytical fields like insurance, finance, medicine, tech deep into 6 figures. It's a very different reality than just grossly looking at all jobs marked 'scientist'.

[dannypresson]

Hello Shane. If you want to generate more content on this topic you may consider exploring the specializations within each of these disciplines. For instance, I have a PhD in Industrial/Organizational Psychology but I have never, and will not ever, conduct a therapy session like a Clinical Psychologist. In fact, it would be illegal for me to do so.

Psychology has many sub-disciplines beneath it (e.g., Clinical, Experimental, Cognitive, Neuropsychology, Social Psych, and I/O). As you probably already know, all of these areas have significantly different educational tracks and outcomes. Point being, when you present information for psychologists with a PhD, it can appear incomplete given the different avenues one can go down. Apologies if you have already done this, I just recently found your channel. Best.

[FullmetalScientist]

My two cents on the STEM PhD category. I think the overview you gave was pretty broad and missed a few things. Yes, there might not be a need for a graduate level degree for these fields. But typically you can come in as a more senior level or higher pay grade that could take longer to achieve with a BS+exp. Additionally, PhDs in these fields are trained to be researchers so the job prospects can vary quite heavily. Aside from academia, PhDs can pursue industry R&D jobs, National lab positions, build startups, do consulting, or managerial roles. I think many people underestimate the versatility of the problem solving and project management skill set one develops after a very focused period of doing research for a PhD.

[abrahamlincoln]

I’m trying to get into dental school right now. There are plenty of opportunities to get scholarships that will pay for all 4 years but with certain criteria: you usually just have to work in an underserved area for 1-2 years. I definitely think that the career is worth it, especially if you’re interested in a surgical-type profession without wanting to spend 10+ years in medical school and residency.

[michaelhilton]

Some PhD programs actually pay for your schooling, chemistry for example. You won’t accumulate debt in most hard sciences.

[trevonmuhammad]

I think you may need to do more research on educational doctorates. There is a diversity of educational doctorates beyond teaching; ranging from creating curriculum, superintended or director of any teaching, learning, and educational companies that are public private or non-for profit. You can also become a tech specialist, dean, president, vp, or even a chancellor. And all make well over 6 figures.

[bjjacksonii]

Could you go in depth a little about the science phd and explain those differences such as biology, chemistry, biochemistry, physics, and geology with their flexibility if you haven’t already?

[Biggamehunna]

The problem with Clinical Psychology is not how long the schooling is, and people being unaware of that. The problem is how difficult it is to get into these programs. I dropped the idea of doing this because of the low odds of getting into one of these programs in Canada. I was going to get honours, do extra undergrad research, volunteer, do it all. But even if I did I was going to be one of hundreds or even thousands vying for the same 6-12 spots per program with a yearly intake.

[glitcharcing]

Most doctoral degrees are funded unlike master’s programs, medical degrees, and juris doctoral degrees. The general advice is to not pursue a doctoral degree unless it is funded. Also when you looked up “psychologist” that only applied to clinical psychologists and therefore practitioners, not including researchers (within clinical as well as social, quant, and cognitive psych).

[CHiCguitar]

Pharmacy student here. My school's class size has decreased by almost half in the last 5 years or so. I think they're working on it from my perspective. It's definitely not as easy to get in as it was even 5 years ago.

[bradymack]

Do NOT go into pharmacy. Ten years ago it was a viable career, but most jobs are in the retail sector. Due to low staffing and an increasing number of tasks needed to be done, pharmacy is a dumpster fire right now. Signed: a former pharmacist.

[KuroiXHF]

I think I missed stats/biostatistics/data science. Not sure how that would fall. It's ok. There is a ton of material to cover.

I do have to say I love how you read comments and allow yourself to be humbled from others. We can only have so much experience and can only get so much knowledge from sources.

[NurseJanice]

I am in the UK and I am about to start my Professional Doctorate PhD in Nursing paid for my work and part time whilst I work in my topic! And looking forward to it! I am currently an Infection Prevention and Control nurse consultant!

[Nectarine]

Going to one of the top rated pharmacy schools in the country next year, yay! I worry a little about the lack of job growth but since I am not going into this just for an easy 6-figure income, but rather because I love pharmaceuticals. I'm planning on clinical and specializing into Pediatrics. I'm so excited!