PSYCHOLOGY AND PSYCHIATRY

The Basic Differences Between Them

Psychologists Psychiatrists
What training is required? A psychologist must have a doctoral degree (either a Ph.D., or PsyD. or Ed.D.). The graduate level coursework is exclusively in psychology. A doctoral degree requires 4 to 6 years of study in addition to a 4 year bachelor's degree. A psychiatrist must have a medical degree (either a M.D. or D.O. degree). The graduate level coursework is primarily in medicine with some specialty courses in psychiatry. A psychiatric degree requires 5 to 7 years of study in addition to a 4 year bachelor's degree.
Where do you find them working? Treatment and research settings. Many work in clinics, mental hospitals or private practice doing therapy.  Many others conduct research at universities or for the government or private industry. Treatment settings almost exclusively.  By far, most psychiatrists work in clinics, mental hospitals or private practice doing various forms of therapy. 
How do they view the nature of mental disorders? A psychologist is most likely to view abnormal behavior as being caused by either psychological or biological factors, depending on the type of mental disorder. A psychiatrist is most likely to view abnormal behavior as a medical problem requiring a medical treatment. They have a notable tendency to view most if not all disorders as being more biological in nature.
Can they prescribe drugs? A psychologist has no medical training and thus cannot prescribe medication for the treatment of disorders. A psychiatrist is a medical doctor and thus can   prescribe medication for the treatment of disorders and they often do so with great frequency.
Is there a difference in income? On the average (nationally), a psychologist (Ph.D.) receives approximately $80 to $100 for a one hour individual psychotherapy session.  In the Dallas metro area, the going rate is around $120. On the average (nationally), a psychiatrist (M.D.) receives about $100 to $150 for a one hour individual psychotherapy session.  Again, in the Dallas metro area it is toward the upper end of this range.