Highest Paying Careers with a PhD
1. Medical Scientist – $70,000 – $95,000
A medical scientist is an expert in the field, and they complete a wide range of different research with the ultimate purpose of improving human health and quality of life. These professionals conduct research into numerous different aspects of health, and may do so at a cellular level or any other level. In many cases they focus on one specific aspect of medical science such as virology, immunology, oncology, or some other topic. Using their research, they analyze the data and discoveries and try to develop tools and treatments to overcome various issues. The need for medical scientists is expected to increase by forty percent over the next few years.
2. Biochemists – $75,000 – $100,000
A biochemist studies the chemical reactions that drive forward biology and biological events. This could involve something like cell division, reproduction, or even the chemical reactions that occur within the brain. They may focus on various areas of study within the biochemical field or focus on the subject in a broad manner. They mainly focus on research, but some may choose to participate in inspection or product development for private companies.
3. Biophysicist – $75,000 – $100,000
A biophysicist is similar to a biochemist, but they study the interaction between biological organisms and physics. This can lead to medical breakthroughs, new discoveries in science, or even something like the development of a new consumer product. Private companies, research centers, universities, and the government are the main employers of a biophysicist and there is expected to be job growth of around thirty eight percent over the next few years.
4. Anthropologist – $49,000 – $79,000
An anthropologist is a scientist who studies the history and culture of people around the world. This includes rituals, way of life, languages, art, society, and history. In many cases an anthropologist chooses to focus their studies on one specific group of people or region of the world. A deep pool of knowledge and training is needed to work in this field, which involves anatomy, history, and more. Employment opportunities are expected to grow by around twenty eight percent over the next few years, and those entering the field may find themselves working almost anywhere in the world.
5. Archaeologist – $49,000 – $79,000
Archaeologists are focused on learning about history through the discovery and analyzation of artifacts. Most people recognize them as the scientists who dig up dinosaurs or pyramids, but there are archaeologists all around the world focusing on the animals, lands, and civilizations of years gone by. They perform digs, analyze fossils or artifacts, develop and test theories related to those items, consult with colleagues, and much more. Some are employed by universities, museums, and other similar institutions. The job market is expected to increase by almost thirty percent over the next few years, and archaeology isn’t just a fast growing field but one that is highly interesting as well.
6. Industrial Organizational Psychologist – $70,000 – $120,000
The salary of an industrial organizational psychologist depends upon location, experience, education, and employer. Essentially, these professionals work with companies to analyze employee behavior and opinions and then develop strategies to improve morale, boost productivity, and increase profit margin as a whole. Most work for private consulting firms while others are actually employed full time by a single company, working virtually nonstop to help assess employees’ mental well-being and suggest changes to it.
7. Geographer – $60,000 – $75,000
A geographer studies the various composition, features, inhabitants, and events within a region or a specific type of land. They may be able to make predictions about the future development of the land, answer questions about it past, and even help with environmental issues that are affecting it. The average geographer makes around $66,000 dollars annually, and the field is expected to experience a growth of twenty six percent over the future.