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The number of PhD students successfully completing their researches from reputable colleges and universities across the globe has been rising steadily for the past few years. This sudden rise in the number of doctorates around has raised concerns about the quality of doctorate-level education. The concern is justifiable, because students with doctorates often end up working in the same universities from where they got their degrees, often working as assistants to the professors there. In fact, it is not surprising to find a professor, who has four or five students with PhDs working with him. If the students have not been properly educated and trained during their courses, the overall quality of research may suffer greatly in the long run. This is true for every field of education. After all, even students with PhD in management, who could possibly benefit multinational conglomerates a lot more than universities, often join the latter to do research, most of which have little or no practical utility. How can this skewed nature of PhD education be made more symmetrical? Well, for starters, the attitude towards doctorates needs to be changed. Even now, when thousands of students out there hold PhD in management, they are seen more as academic scholars meant to conduct research and less as executives ready to grace boardrooms at MNCs. Everyone needs to remember that doctorates are just as capable of devising strategies that could potentially double profits of a company within a financial year, as they are of burying their heads in books for days, coming up with a hypothesis for ending national debt. Students with low scores in PhD examinations are often shunned Another major problem that students face is the impression that just because someone is pursuing a PhD, he (or she) must be a genius. This is hardly the truth in most cases, as many doctorates are simply hardworking individuals, who make up for their lack of talent by putting more hours in studies. Many of these students also earn PhDs, albeit with lower scores than the talented ones. This sort of comes as a double whammy to them, as they find themselves unable to find research work at universities, and since they hold PhDs, their friends, relatives and even teachers do not expect them to work in companies. A lot of good talent get wasted in this way. A very efficient way of solving this problem would be to offer these students a chance to work in MNCs, many of which have their own research departments. Students with PhD in management could also serve the role of consultants. After all, PhDs students are meant to be managers, not technicians. Their excellent knowledge about their fields of study make them more suited to leading than following. Earning a PhD in management or any other field should serve as the key towards unlocking a high paying career option, not something that makes a student feel like all doors around him (or her) have been closed. Everyone needs to change the way they look at PhDs and make sure the talents and knowledge of these students are not wasted. In these days of cutthroat competition in almost every sector of international business, such wastage may be a tad too expensive for everyone. Arindom is a final year student in one of the IIM-s, which happen to be the best business schools in India. Once he completes his MBA, he also plans to earn a PhD in management, to build a solid career.
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