The PhD is one of the most demanding investments (in terms of time, energy and money) made by most aspiring theologians. This article argues that apart from thinking about the topic of the PhD, the student needs to think through some basic questions about why she/he wants to go through this process. How does one see one’s topic in relation to the work one is going to do? How does it related to your interests in life and religion? And are you willing to engage in the change/growth in your own theology that is part of the process?