You can check out the salaries from the AASCB here:
https://www.aacsb.edu/publications/datareports/staff-compensation-and-demographics
Why are the PhD In Business Administration salaries this way?
1. Supply and demand for the skill set. Different people working on different ideas are in more demand than others, and the supply is relatively low as only a few people are able to get a PhD.
2. Many of these folks already have in demand degrees. It is not uncommon to find faculty in business schools with law degrees, accounting degrees, engineers and other degrees. People self select into this career.
3. The value of some of the knowledge can be generated to have a return. Whether it does or does not is not relevant. What matters is other people believe that this knowledge is some how more applicable than other knowledge. Also, some of the knowledge is likely easier to demonstrate a return.
4. People at the top of their career are valuable, inimitable, rare and non-substitutable. It was really difficult to get there, and few people in this world choose to be like them. If you select any industry / field, and you get the top performers, you will find very high wages.
Check out:
Why Get A PhD In Business?: Business PhD Programs & Doctor Of Business Admin Programs – Thesis Help
https://youtu.be/nEnDE8gVwn8
PhD After MBA? PhD in Finance or PhD in Strategy? Steps To A PhD in Business Administration
https://youtu.be/zHWfBNgXQnM
What Are The Best Universities For A PhD In Strategic Management / Biz Administration? – Thesis Help
https://youtu.be/SUcIPJunrPE
Should You Get A PhD In Business Administration To Become A Consultant Or To Teach Executives?
https://youtu.be/MYUabmCkQN4
What Is The Difference Between A Masters And PhD In Business Administration – Thesis Help
https://youtu.be/orJl8XBJjgQ
MBA Or PhD After Engineering Degree? – Thesis Help
https://youtu.be/-3Z-b86HzM4
Careers For A PhD In Business Administration?
https://youtu.be/rBfcCPAPhA4
What Areas Of Research In A PhD Will Make Me Most Competitive In The Job Market? – Thesis Help
https://youtu.be/VnUwrbn8xWg
What Is A Normal Day Of A PhD Student Or A Research Professor? – Thesis Help
https://youtu.be/zkLPsnFkgxk
PhD Supply And Demand – What Is The Supply And Demand Of A Graduate Degree – Thesis Help
https://youtu.be/obRmYFwrD6c
David Maslach is a research professor of entrepreneurship, innovation, and business strategy, I discuss topics, such as behavioral science, strategy, innovation, and entrepreneurship, and apply these to my new peer proofreading and editing platform. Topics include the sharing economy, altruism, investing in technology, starting a business, and bounded rationality. My favorite videos pertain to incentives, goal setting, and learning from failure to drive behaviors such as weight loss, stopping telemarketers, creating novel technologies, and creating new movements.
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