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Over recent decades, the Doctor of Philosophy (PhD) has traditionally served as the pinnacle of scholarly achievement, primarily preparing individuals for academic and research careers. However, shifting academic landscapes, increased competition, and changing industry demands are transforming the PhD's role from a terminal research degree into a foundational step toward academia. The objective of the article is to explore the emerging trends, underlying factors, and implications of the PhD becoming a prerequisite and stepping stone for entering academic professions. Through analysis of global patterns, institutional policies, and career trajectories, the article argue that the PhD is increasingly viewed as an essential credential for those aiming to establish a foothold in academia, shaping the future of doctoral training and academia’s workforce. This article found that PhD qualification does not always confirm the expertise of PhD holders but mostly display the research capabilities. The study also found that there are contradicting views from different scholars on the value of the PhD.