This book examines the value of a PhD in Canada from a broad perspective and is written in a format suitable for a wide audience: professionals, business executives, governments and policy makers. It is presented through self-explanatory charts.
The book dispels the conventional wisdom that the highest possible education is always rewarded. Earnings of PhDs in Canada are very close to those with a Masters; their unemployment rate is even higher, quite opposite of their counterparts in the United States and OECD countries. A government report shows that a good number of them are driving taxies.
There are three main reasons for the deplorable state of Canada’s PhDs: declining academic positions due to continued budget cuts (universities being the main employer), antipathy of politicians who are decision makers in governments (the second major employer) toward facts and research, and the continuing risk-averse, traditional outlook of the Canadian business sector.
Canada’s private sector is at the bottom among competing OECD countries when it comes to R&D activities. It hires only 4% PhDs compared to the 48% hired by the private sector in the United States. Canada’s economy is still predominantly resource based, as it was in the last century. About 60% of Canada’s manufacturing and 70% of its top ten exports are resource related — areas of the economy where there is hardly a need for PhDs.
Future outlook is not expected to be different due to shrinking full time faculty positions, aversion of political masters towards research and contempt for PhDs and mindset of private sector to be content with the continued traditional primary and resource based economic activities.
It presents importance of PhDs; deplorable situation of PhDs in Canada compared to OECD countries and especially the United States; and reasons for such situation.
Chapter I: Doctoral Graduates
It examines in depth PhDs enrollment in Canada and discipline of their specialization. It also analyzes the number and composition of foreign students in PhD programs.
Chapter II: Higher Education and Economic Return
It examines employment, earnings, over qualification and sectors of job concentration such as in academia, government, private sectors and R&D industries.
Chapter III: Immigrants and Over-qualified Workers
Immigrants PhDs account for more than their share in the general population. But they are un- or under-employed and under paid. A large proportion is overqualified for jobs that they are presently doing.
Chapter IV: Reasons for Lower Economic Return of PhDs
It examines Canada’s natural resource endowments as compared to U.S. and OECD and high dependence of Canada’s GDP, employment and international trade on resource sectors: areas where highly educated people (PhDs) are hardly needed.
Chapter V: Issues and Future Challenges
Role of PhDs is analyzed in a broader socio-economic and political environment of Canada. Impact of new learning technology, opening of North American university campuses in Asia and reverse migration of foreign trained PhDs to their home countries are discussed.
Income and Unemployment: Higher Education
The book is available from Amazon.com (and also from other websites): http://www.amazon.com/No-PhDs-Please-Employment-Prospects/dp/1479317950/ref=sr_1_1?s=books&ie=UTF8&qid=1347885996&sr=1-1&keywords=no+phds+please
Based on the book, the article is published here: http://www.huffingtonpost.ca/mahmood-iqbal/phd-in-canada_b_1916146.html
Now complete book in pdf (27.4MB file) is available free from (but registration may be required):
©Mahmood Iqbal and ipotpourri.wordpress.com: 2012