When considering a doctoral degree in the field of business administration, it is essential to understand the differences between a PhD, DBA, and Doctorate in Management.
PhD (Doctor of Philosophy)
- Focus: Research-oriented academic credential for individuals aiming for careers in academia.
- Objective: Engage in original research to expand existing knowledge.
- Career Path: Primarily leads to teaching positions at universities.
- Duration: Typically full-time programs lasting 3-5 years or more.
- Research Scope: Develop new theories and contribute to scholarly knowledge.
DBA (Doctor of Business Administration)
- Focus: Professional doctorate emphasising practical knowledge application in business.
- Objective: Enhance expertise in management practice and industry impact.
- Career Path: Opens doors to managerial roles like CEOs, COOs, consultants, and entrepreneurs.
- Duration: Generally 3-6 years, with options for online and on-campus study.
- Research Scope: Apply research to real-life business problems rather than developing new theories.
Doctorate in Management
- Focus: Offers expertise and scholarship in specific management domains.
- Objective: Tailored to foster advanced knowledge and skills in management.
- Career Path: Provides diverse career opportunities across various aspects of business management.