In the teams I've worked, every member had a PhD, our manager had a PhD, their director/VP had a PhD... everyone up until the C-suits.
It was necessary and expected.
So I think it really depends on your field.
In the teams I've worked, every member had a PhD, our manager had a PhD, their director/VP had a PhD... everyone up until the C-suits.
It was necessary and expected.
So I think it really depends on your field.
Something like "89% of history PhDs are employed in these salary bands (list them with percentages), and 3% are employed in the profession associated with their PhD".
I bet most history departments would tell you that they are not interested in the commercial success of their PhDs. That's not the purpose of their institution or in alignment with the academic tradition.
The University of Michigan has a really nice online tool:
https://tableau.dsc.umich.edu/t/UM-Public/views/RackhamDocto...
According to that 22% of history grad students from 2015-2020 got tenure track positions. That's quite a crapshoot for investing 5+ years in a career path. And of course you could fall off the tenure track. And Michigan has a top history program.
I got an undergraduate degree that has 0% unemployment rate with good salaires because there are so few graduates, but for a PhD (that I was thinking of getting) there is no guarantee that even the places where I would work are good enough in terms of research or teaching.