5 Startups Options For PhDs Regardless Of Background

By Cory Maki Cory Maki has been verified by Muck Rack's editorial team
Updated on August 24, 2022

Are you a Ph.D. student finding it difficult to take up jobs outside your area of study? It’s understandable.

Many PhDs after graduating look forward to lucrative or interesting professions. Some become dissertation experts and start offering writing services to other students. But what if we told you that there are many careers you can pursue after graduating regardless of your background?

In this article, we discuss 5 jobs that suit PhDs regardless of background.

But before that, let’s answer this question:

Why Are PhDs Well-Suited For Business Professions

Tens of thousands of people are graduating with PhDs each year. Sadly, those who secure jobs within academia make a small percentage of the total graduates. This isn’t bad news though because PhDs have diverse skills that are still in high demand. In fact, some PhDs are among the top UK essay writers offering academic writing services to students worldwide.

Even though MBAs have taken over the business world, PhDs are slowly dominating the industry. Businesses of all sizes and sectors are starting to see PhDs as a great addition to MBAs. This is because businesses seek professionals with transferrable skills, something that PhDs have.

It’s, therefore, safe to say that PhDs are more experienced to pursue opportunities in the real world of business.

Aside from transferrable skills, PhDs also have great skills like data analysis and interpretation, and many more that are required in the business sector.

1.   Editor

As a Ph.D. graduate no matter your background, you’ve handled all kinds of research and writing. That means that you can catch any grammatical errors, inconsistencies, and other issues in written works. This could be the company’s documents, reports, etc.

Since PhDs possess valuable skills in the analysis of written works, they are suited for this option. Aside from that, Ph.D. graduates have good experience in editing at a very advanced level since they have written papers for research and other assignments.

In fact, many PhDs also help in marking exams which equips them with strong editing skills that make them suitable for this career option.

2.   Management Consulting

Management Consulting involves helping businesses, organizations, and companies with how to improve their performance. In most cases, management consultants deal with clients in the business sector. Due to their diverse skills, management consultants can also advise government agencies and NGOs.

Most top consulting firms hire candidates with problem-solving skills who can collaborate in teams and demonstrate professionalism with clients. Besides, as a consultant, you need to have the skills to communicate complex findings in a way that clients can understand.

PhDs are well-suited for management consultant careers since they possess all these qualities.

3.   Administrative Officer

Administration officers deal with exactly what the name suggests. They administer, document, and implement policies in civil service and other areas. This is an entry-level position for graduates seeking to enter government roles. PhDs are well-suited for this career option since it requires people with strong research and communication skills.

4.   Entrepreneurship

Instead of waiting to get employed after graduating with a Ph.D., you can become an entrepreneur and start your own business. This can be a lucrative opportunity if you have a unique idea or innovative product that can solve a problem.

PhDs possess all the qualities required in entrepreneurship. For instance, they are generally self-motivated and driven and these qualities are critical to becoming a successful entrepreneur.

Being your own boss where you run and manage your own projects from the start without any supervision can be satisfying.

Must mention that entrepreneurship is very rewarding; however, being your own boss has challenges and a fair share of stress. For instance, you need to determine how to solve financial issues, deal with failure, and work alone. Note that becoming an entrepreneur, you need to prepare yourself to handle almost everything especially when starting.

But because PhDs deal with these stressful situations and challenges while completing their degree, you can easily deal with them when you become an entrepreneur.

5.   Business Development Consultant

As a business development consultant, you can work with every business, organization, or corporation across all sectors. This includes colleges, universities, government centers, private institutions, etc.

A business development executive is tasked with strategy and market planning as well as direct customer contact.

PhDs may work for small companies and startups due to the diverse work involved and the fact that they have diverse skills.

In small companies, business development consultants handle everything from developing business opportunities to deal-making as well as licensing.

This is a great opportunity for PhDs to get a mix of experiences and abilities that can help them advance to larger roles.

Scientific knowledge is crucial to being a successful business development consultant, a quality that PhDs have that makes them well-suited for this career.

Final Thoughts

If you plan to go out and create your own business or start your own venture after graduating with a Ph.D. then know that you have all the skills you need. The reality is that many PhDs aren’t aware of the great opportunities that exist in the business industry. The research and analytical skills PhDs have make them well-suited for all the career options mentioned above and many others.

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By Cory Maki Cory Maki has been verified by Muck Rack's editorial team

Cory Maki is a former Staff Editor and the Business Development Manager at Grit Daily.

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