Promotion and financial benefit of a doctors degree
The advantage of the Doctor title is different from the various professional sectors.On an average it is in every case worth in the financial aspect.That is the result of the “high potentials study 2004”,edited by the Management consulting group Kienbaum & Partners.While the beginning salary of extraordinary good absolvents without doctors degree is on the average near to 43.500€,their collegues with the doctor title gain about 3.000€ more in the end of the year.Especially in trading and industry a doctor title is a real “moneymaker”,as well this concerns the ceos in the upper level.According to informations of the German Economic Institut in Cologne,directors without high school finish and studies gain on the average 104.000€/year.With doctor title you recieve 32.000€ more.On your salary statement the Doctor title is more remarkable than the MBA.“The Doctor title decorates your name,the MBA just the personnel files,”says Bosshard,Management consultant at Kienbaums.Making your Doctorate is the best way in order to stand out of the quantity.