Business

What are the Brainiest Companies? Alternative Careers for PhDs

A doctoral degree doesn't limit one to academia

Aug. 17th, 2021
What are the Brainiest Companies? Alternative Careers for PhDs

Doctoral degrees are valuable, not just for employment in research and higher education, but also outside of academia. Academic hiring freezes during the pandemic has resulted in a tough job market for recent PhD graduates, that has sparked a renewed interest in jobs outside of academia for the highly-educated.

Below are the companies that employ the highest numbers of doctoral degree holders. Tech companies lead the way, hiring high numbers of PhDs from engineering and computer science. Pharmaceutical companies are a top destination for natural sciences, whereas the World Bank and IMF lead the way in hiring PhDs with degrees in Economics and Business. Among private sector companies, Amazon leads the way in hiring PhD Economists.

Companies with most PhD Employees

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Among the companies above, the most common roles are concentrated in software engineering and scientist, according to the Revelio Labs job taxonomy.

Roles of PhD Graduates

Shameless plug: Revelio Labs is looking for smart PhDs to join our amazing company!

https://www.reveliolabs.com/careers

Key Takeaways:

  • Google hires the most PhDs, followed by Intel Corporation, and Apple.
  • Although most engineering PhDs go into tech, pharmaceutical companies remain a top choice for PhDs in natural sciences, and for PhDs in Business and Economics, international organization and Amazon are top choices.
  • Most common roles for PhDs at these companies are Software Engineer, Scientist, and Data Scientist, our job taxonomy shows.

Finally, feel free to check out an earlier post of ours on which PhD fields are growing the fastest.

author

Reyhan Ayas

Senior Economist

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