The biggest employer for PhD’s in psychology is elementary and secondary education; these professionals comprise roughly 42% of the job force and earn an average salary of $70,000 a year. According to the Bureau of Labor Statistics, College professors earn a median salary of $62,050. Counselors at the master’s level make less than $40,000 a year; clinical psychologists with a doctoral degree can expect to earn double that figure. For those interested in making some money, Business Insider recently noted the top five highest paying jobs available in the field.
In the Philippines, an academic thesis is named by the degree, such as bachelor/undergraduate thesis or masteral thesis. However, in Philippine English , the term doctorate is typically replaced with doctoral (as in the case of "doctoral dissertation"), though in official documentation the former is still used. The terms thesis and dissertation are commonly used interchangeably in everyday language yet it generally understood that a thesis refers to bachelor/undergraduate and master academic work while a dissertation is named for doctorate work.