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PhD Course - Doctor of Philosophy Salary in India
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PhD graduates can expect a lucrative salary ranging from INR 8-10 LPA. The salary of PhD graduates depends on several factors such as field of study, country, industry or choice of profiles. Earnings usually vary based on the field and role. Even in academics, there are multiple positions such as Research Assistants and Assistant Professors at the entry level but the salary package is different. Data Scientists, Researchers are also paid well as compared to market standards. Government and private sectors both provide rewarding opportunities, ensuring PhD holders are well-compensated for their expertise and contributions.
PhD Salary Overview
PhD salary can vary significantly based on several factors, such as the country, field of study, institution, funding source, and individual circumstances. The average annual salary of a PhD graduate is INR 10LPA. PhD graduates are offered with a wide variety of jobs. Some of the top paying jobs include Research Analysts, Professors, Data Scientist, etc.
A PhD graduate’s greatest pay ranges from INR 12 - 26 LPA while their monthly salary ranges from INR 90K - INR 92.5 K. A doctorate in research opens doors to a variety of opportunities. Greater employment opportunities are one of the factors that motivate people to pursue PhDs in their chosen fields.
Table of Contents
- PhD Salary Overview
- What is the Average Salary of a PhD Graduate?
- Salary of a PhD Graduate- Specialisation Wise
- Salary of a PhD Graduate- Designation Wise
- Salary of a PhD Graduate - Company Wise
- Job Opportunities after PhD in India
- Jobs after a PhD- Government and Private
- Top Recruiters for a PhD Graduate
- FAQs about PhD Salary
What is the Average Salary of a PhD Graduate?
The average annual salary of a PhD graduate is INR 10LPA. However, the salary of a PhD graduate varies with regards to the specialisation, city of work, organisation, experience, etc.
Salary of a PhD Graduate- Specialisation Wise
The various specialisations offered in a PhD help enhance the conceptual capacity of a student. The salary of a PhD graduate differs with the different specialisations they have pursued. The following table depicts the same:
| PhD Specialisation | Average Annual Salary |
|---|---|
| PhD English | INR 4L - INR 12 LPA |
| PhD Economics | |
| PhD History | |
| PhD Sociology | |
| PhD Psychology | |
| PhD IT | INR 5L - INR 13.5 LPA |
| PhD Mechanical Engineering | |
| PhD Biomedical Engineering | |
| PhD Legal Studies | INR 4L - INR 11 LPA |
| PhD Law | |
| PhD Physiotherapy | INR 4.5L - INR 12.5 LPA |
| PhD Neuroscience | |
| PhD Pathology | |
| PhD Computer Science | INR 5L - INR 12.5 LPA |
| PhD Chemistry | |
| PhD Biology | |
| PhD Mathematics | INR 3L - INR 10 LPA |
| PhD HRM | INR 5L - INR 12 LPA |
| PhD Marketing | |
| PhD Finance | |
| PhD Business Management |
Note: The figures mentioned above are subject to change.
Salary of a PhD Graduate- Designation Wise
The salary of a PhD graduate differs with the designation of each and every individual. Following is a table that shows the salary of a PhD graduate according to their varied designation:
| Job Profile | Average Annual Salary |
|---|---|
| Consultant | INR 9 LPA |
| Research Assistant | INR 7.5 LPA |
| Professor | INR 7.8L - INR 15 LPA |
| Computer Engineer | INR 4L - INR 9 LPA |
| Senior Writer | INR 10L - INR 14 LPA |
| Associate Professor | INR 6L - INR 7.5 LPA |
| Assistant Professor | INR 7.5 LPA |
| Legal Assistant | INR 4L - INR 8 LPA |
Note: The figures mentioned above are subject to change.
Salary of a PhD Graduate - Company Wise
Different companies hire students who have PhD degrees according to their skills and knowledge about the same. Factors like the location and reputation of a company help determine the salary of a PhD graduate.
Following is a table that shows the salary of a PhD graduate on the basis of the company he/she is hired by:
| Institution/Organisation | Average Annual Salary |
|---|---|
| IIT Kanpur | INR 8.7 LPA |
| Delhi University | INR 15.5 LPA |
| Fortis Healthcare | INR 3.08N LPA |
| INR 14 LPA | |
| Novozymes Biologicals Inc. | INR 4.25 LPA |
| Samsung Electronics Ltd. | INR 25.49 LPA |
| TVS Group | INR 14.5 LPA |
| The Mathworks Inc. | INR 16 LPA |
| Natco Group Inc. | INR 13.41 LPA |
| Novartis | INR 8 LPA |
Note: The figures mentioned above are subject to change.
Job Opportunities after PhD in India
PhD graduates are offered with a wide variety of jobs. Some of the top paying jobs include Research Analysts, Professors, Data Scientist, etc.
Following is a table of a few job profiles of PhD graduates with a brief description:
| Job Profiles | Job Description |
|---|---|
| Patent Analyst | Patent Analysts sit under the intellectual property umbrella and their job is to review potential patent applications. They work for companies that are developing products, often before a new product is created, to see if the company’s products or potential products can be patented. |
| Data Scientist | Data Scientists use statistical analysis and machine learning techniques to solve complex problems and drive data-driven business strategies. |
| Medical or Scientific Writer | This includes writing articles and blogs about a research topic or a medical expedition. |
| Lecturer | Lecturer delivers lectures, creates lesson plans, and provides guidance to students in a specialised academic field. |
| Application Scientist | An Application Scientist, acts as a liaison between a company that produces a medical device, and a company that buys this medical device. |
| Medical Technologist | Medical Technologist carries out lab tests, examines samples, provides a diagnosis, and treats medical disorders. |
| Computer Engineer | Computer Engineer designs, develops, and tests computer hardware and software systems in order to improve performance. |
| Product Manager | A Product Manager manages the entire lifecycle of a product developed by a company. They could also be managing an entire product portfolio. |
| Chief Research Manager | Chief Research Manager leads scientific research and supervises research projects in order to accomplish goals. |
| Public Prosecutor | The Public Prosecutor represents the government in criminal cases, does legal research, and makes arguments in court. |
| Regulatory Affairs Specialist | These Specialists investigate laws, guidelines, and processes. They review data, update documents, check products, observe staff, and even write and record documents. They ensure that the company’s internal teams are functioning and oversee the organisation cross-departmentally to ensure that all relevant regulations are followed. |
Jobs after a PhD- Government and Private
Students with a PhD degree can find work in both the public and private sectors, with both providing a good salary after graduation. Here are some of the best after PhD job options:
PhD Government Jobs
The government jobs in India offer PhD graduates a lucrative prospect for their careers due to continuous research and infrastructural development.
Below is a list of Government jobs for graduates pursuing PhD-
| Job Profile | Description | Average Annual Salary |
|---|---|---|
| Professor | A Professor is responsible for teaching students at the college/university level and providing them study material and guidance through their project work. | INR 5L - INR 7 LPA |
| Researcher | Researchers gather data during the project life cycle, analyse the data and publish the findings to aid new research, enrich scholarly literature and improve the decision-making process. | INR 7.5 LPA |
| Public Prosecutor | The Public Prosecutor represents the government in criminal cases, does legal research, and makes arguments in court. | INR 4.5L - INR 6 LPA |
PhD Private Jobs
There are several job opportunities in the private sector as global companies have been investing in the science & technology industry. Below is the list of jobs for PhD graduates in the private sector:
| Job Profile | Description | Average Annual Salary |
|---|---|---|
| Corporate Lawyer | A corporate lawyer works on various legal issues related to corporate business practices. They often handle business, legal and financial functions for their clients. | INR 6L - INR 7 LPA |
| Computer Engineer | Computer Engineer designs, develops, and tests computer hardware and software systems in order to improve performance. | INR 3L - INR 4.5 LPA |
| Professor | A Professor is responsible for teaching students at the college/university level and providing them study material and guidance through their project work. | INR 5L - INR 7 LPA |
Top Recruiters for a PhD Graduate
Some of the top companies that hire PhD graduates are as follows:
- Blue Ocean Marketing
- BNP Paribas India
- Deloitte Consulting
- TCS Innovations Labs
- Accenture
- HP
- HDFC
- RBI
- HSBC
- American Express
- Genpact
- Indian Market Research Bureau
- Indian Institute of Technology (IITs)
- Indian Institute of Management (IIMs)
- Indian Institute of Science (IISc)
- Wipro
FAQs about PhD Salary
Is an internship necessary to become a professor?
No, it is not necessary to take up an internship to become a professor.
What are some of the top skills required to pursue a PhD?
Some of the top skills every individual should focus on to pursue a PhD are as follows:
- Analysis & Problem-Solving
- Interpersonal & Leadership Skills
- Project Management & Organization
- Research & Information Management
- Self-Management & Work Habits
- Written & Oral Communication
How does the salary of a PhD graduate change with experience?
The salary of a PhD graduate can change significantly with experience. As individuals gain more experience and expertise in their field, they become more valuable to employers, which often leads to higher compensation.
What is the highest salary of a PhD graduate?
A PhD graduate’s greatest pay ranges from INR 12-26 LPA.
What are the top paying companies that employ PhD graduates?
Some of the top companies that hire PhD graduates are as follows:
- Deloitte Consulting
- TCS Innovations Labs
- Accenture
- HP
- RBI
- HSBC
- American Express
- Genpact
- Indian Market Research Bureau
- Indian Institute of Technology (IITs)
- Indian Institute of Management (IIMs)
- Indian Institute of Science (IISc)
- Wipro
What is the monthly salary of a PhD graduate?
The monthly salary of a PhD graduate ranges from INR 90,000- INR 92,500.
Is doing a PhD a good career option?
A PhD degree opens a lot of doors career-wise. It's generally indispensable for an academic career. Having a PhD makes you extremely specialised in a certain field which results in higher career prospects and higher salary. Thus, a PhD is a good career option.
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