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The purpose of this study is to understand the interaction between the component domains of doctoral value to identify those which have a greater influence on overall perceptions of the value of a doctorate. This study also investigates what may lead an individual to say the doctorate was not worth doing.

Using Bryan and Guccione’s (2018) conceptual model of “doctoral value”, this study used a qualitative survey, to examine 261 perceptions of the value of the doctorate in a range of employment contexts.

Individual perceptions of value are dynamically influenced by the fulfilment of expectations, career achievements and the employer’s perception of the doctorate’s value. The authors found that the circumstances of respondents’ current employment are the most common predictor of overall perceived value and that those who reported that their doctorates were “not worth doing” attributed this to lack of a positive career outcome.

A recurring concept was that respondents considered that their doctorate had been “worth doing” for the value it conveyed to them personally, but not “worth having” because of its low value to employers. This new understanding illustrates the complexity of decision-making and the individual career timelines that influence value. This study positions the “career value” and “personal value” domains as determinant in informing individual value judgements. The findings of this study lend weight to calls for doctoral education to focus on non-academic careers and also inspire further investigation into how non-academic employers recruit, motivate and value doctoral graduates.