Doctorate of Business Administration
The Doctorate of Business Administration Program
The Doctorate of Business Administration (DBA) is a terminal degree in business that prepares individuals to apply advanced research methods to complex business problems.
Why Pursue a DBA?
A DBA is ideal for experienced business professionals looking to advance their careers in executive leadership, consulting, or academia. According to the U.S. Bureau of Labor Statistics, individuals with a doctoral degree in business earn a median annual wage of $107,680.
DBA vs. PhD in Business
While a PhD in Business focuses on theoretical research, a DBA emphasizes practical applications of research to solve real-world business challenges. The table below highlights the key differences between the two degrees:
|
DBA |
PhD in Business |
| Focus |
Applied research |
Theoretical research |
| Career Path |
Executive leadership, consulting, academia |
Academic research, teaching |
| Program Length |
3-4 years |
4-6 years |
Admission Requirements
To be admitted to a DBA program, candidates typically need a master's degree in business or a related field, several years of professional experience, and strong research skills.
Conclusion
Earning a Doctorate of Business Administration can open doors to exciting career opportunities in business. Whether you aspire to lead a multinational corporation, advise companies on strategic decisions, or teach the next generation of business leaders, a DBA can help you achieve your goals.
