In the finance side of business and administration, numbers are king. Precision and a high level of mathematical training and ability are rules of this realm. As they say, “Numbers don’t lie.” For leaders in finance, the numbers must add up to an equation that benefits and advances the company.
In many ways, the training and knowledge gained through earning a doctorate overlap, although with much greater depth, greater rigor, and deeper knowledge, with what somebody may already be doing with an MBA. Many of the top leaders and entrepreneurs do not possess a doctorate in business or finance. Salary information on financial managers seems to suggest that a person can enter into top finance positions with an MBA, or even only a bachelor’s degree. The field is rapidly growing with an anticipated increase in total finance positions by 15% over the next eight years.
The average salary of a financial manager is an impressive $134,000 per year. So, how could earning an online doctorate in finance positively move your career in a better direction? Knowledge earned through effort is always valuable and in itself is an asset for any company or institution. Earning a doctorate in any field is a high achievement and finance is no exception. Holding a doctorate in finance is not always an indicator of greater financial success. However, a doctorate will make you more versatile and attractive as a candidate for promotion as well as give you more options, putting you at the head of the list of candidates, should you desire to move into another position or different but related field to your current position. Above all, persevering through the challenges of earning a difficult and prestigious terminal degree, such as a doctorate in finance, will always carry with it a strong awareness of one’s own abilities and sense of accomplishment.
If you’re up for the challenge and the benefits of earning an online doctorate in finance, Online PhD Degrees has assembled a list of some of the very best offerings now available online. Take a look! Likely, one of the programs profiled will be a great fit for you!