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Economist on "Engineering PhD wants to apply for a Finance PhD for a better pay"

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I am in my ME PhD program, and about to graduate in 6 months. Pay rates for a Ph.D. in mechanical engineers start from 75K to 110K. I am thinking about getting a Ph.D. in finance for a much better pay (+120K) after graduation. My main concern is that if I can get a well-paid job after 4 years of my PhD in finance. and if having no degree in business will stand against me in getting admitted. Please let me know your thoughts.


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