Bachelor of Divinity
In Western universities, a Bachelor of Divinity or Baccalaureate in Divinity (BD or BDiv; ) is an undergraduate or postgraduate academic degree awarded for a course taken in the study of divinity or related disciplines, such as theology or, rarely, religious studies. In most modern universities, the BD as a first degree is essentially equivalent to a Bachelor of Arts degree with a speciality in divinity. Relatively few institutions award undergraduate Bachelor of Divinity degrees today, and the distinction between institutions that do award such degrees and those that award BA degrees for theological subjects is usually one of bureaucracy rather than curriculum.
Academic capital
Whereas the biggest stepping stone to attain a higher paying career used to be an undergraduate degree, the common discussion in today’s market is the devalued status of a Bachelor’s degree. A Bachelor’s degree no longer holds the same academic capital it used to, and holding such a degree no longer entitles one to the same job opportunities and income possibilities it used to. Government statistics reveal that over the past 8 years, the average weekly earnings of individuals with bachelor's degrees have actually decreased, in relation to inflation, by nearly 2%. Therefore, many individuals are studying beyond four-year institutions in order to increase their capital and ultimately their income. When compared to an individual with a bachelor's degree, an individual with a graduate degree makes, on average, nearly $75,000 more annually.