Doctoral Business Programs
Do I Need a Business Degree to Complete a Business Doctoral Program?
A doctoral degree not only qualifies you to teach in a university setting but is also suitable in a business setting, thanks to the superior critical thinking and data analysis skills required to address issues across industries. In order to pursue a doctorate, you must have a master's degree. However, the master's degree, or your undergraduate degree, is not required to have been of a business specialization. Fundamental business acumen gained through educational pursuits, like a master's program or MBA, is preferred, but can also be acquired through extensive career experience.
PhD in Business
The PhD is for candidates interested in pursuing a career in academia and are passionate about developing an in-depth specialization of knowledge on a particular area of business. The PhD focuses on conducting original research that contributes to new knowledge or theory. Many PhD programs follow a standardized curriculum, requiring students to develop specialized knowledge in a business area like management or economics.
Candidates typically find roles in a university setting as a tenure-track faculty member, but may also continue to focus research or work as a business consultant.
Doctor of Business Administration (DBA)
While it still requires research, the DBA is designed for practice-oriented candidates with significant industry experience at high levels. Candidates gain experience with conducting rigorous research to address a defined business issue, combining business acumen and scholarly methods.
Candidates of the DBA may find similar roles as a PhD—either teaching at a university or in business consultancy—but may also apply their experience to their roles as business leaders.
Key Differences in Doctoral Programs
- Admissions to either doctoral program type require a master’s degree, but the DBA also requires a significant amount of professional experience.
- PhDs are research-oriented, while DBAs are practice-oriented.
- Both degrees typically require a dissertation, but the type of research will vary.
Selecting an Accredited Program
What's the quickest way to tell if a business school offers a high-quality DBA or PhD program?
See if they've earned °®Âþµº accreditation.
Business schools that have earned °®Âþµº accreditation have gone through a rigorous process that ensures they are teaching students exactly what they need to succeed in business. °®Âþµº accreditation is globally recognized as the highest indicator of quality by businesses and other business schools opening a world of opportunity for your career, whether you return to business or enter academia.