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Doing A PhD After MBA
- Updated on
- Mar 11, 2023
Higher studies often encompass the decision of pursuing a bachelor’s, master’s and then, if you feel like delving deeper into your chosen field, a doctorate degree. When it comes to the vast domain of commerce, a PhD is commonly chosen by those wanting to explore the academic arena. Working professionals don’t usually opt for a PhD given the extensive amount of time it demands and also because it has more academic use. So, if you have recently completed your Master of Business Administration, choosing a PhD might require some thinking to finally arrive at the right decision. This blog aims to elaborate on what a PhD after MBA entails and how it can advance you further in your career journey.
This Blog Includes:
Phd after mba in india, benefits of phd after mba, top phd programs after mba, eligibility, phd after mba abroad – admission process & entrance exams , phd after distance mba, phd after mba in finance, top universities for phd after mba abroad, top countries to study phd after mba, career scope & employment sectors.
Want to pursue PhD after MBA in India? There are colossal benefits of PhD after an MBA that can equip you with a competitive edge in the management and business world as well as the research and professional exposure you need to aim for high-salary managerial profiles in India and abroad. Here’s what you need to know about PhD after MBA in India:
- Eligibility : You must have completed a 2-year MBA degree to apply for PhD in India along with qualifying for UGC-NET or GATE exam to gain admission at top business schools and universities in India.
- Duration : In India, you can complete your PhD after MBA in 3-5 years depending upon the program and university.
- Requirements : For PhD after MBA in India, you must have GATE / UGC-NET / CSIR-NET scores, a research proposal ready along with letters of recommendation and optional work experience to increase your chances of admission.
- PhD in Management
- PhD in Organizational Behaviour/Management
- PhD in Behavioural Finance
- PhD in Applied Statistics
- PhD in Information Technology/Data Analytics
- PhD in Market Analysis and Research
- Faculty of Management Studies, University of Delhi
- Benaras Hindu University
- Indian Institutes of Management Studies (IIMs)
- Indian Institutes of Technology (IITs)
- National Institute of Management, Calcutta
Here are the top PhD Scholarships in India !
As the highest academic degree in theoretical disciplines, a PhD or Doctorate of Philosophy is perfect for those seeking a greater depth of knowledge in a specific area of interest. Going for a PhD after MBA can be beneficial for a plethora of reasons, some of which are given in a rundown below:
- Get a Competitive Edge over MBA
- Master Research Skills and Methodologies
- Inclination Towards Academic Arena
- Chance to Become a Professor
- Become an Academician at Business School
Get a Competitive Edge over MBA with a PhD Though many would tell you that with a PhD after MBA you can only ground yourself in the academic world, this is actually not the case in reality. If you don’t see yourself fitting the position of a lecturer or a professor, you can explore varied prospects in the corporate sector. A doctoral degree in a business or management specialisation imparts you with a deep-embedded and insightful knowledge of the commercial world while an MBA also gives you a unique and practical glimpse of this domain and the combination of these two can be potentially utilised by opting for the role of a consultant or analyst for entrepreneurial ventures, business giants or even hedge funds and investment-related firms.
Master Research Skills and Methodologies To begin with, a PhD is research-extensive by nature and demands individuals to submit their original thesis to reach the conclusion of this degree. It challenges scholars to break away from the limited amount of knowledge of their field and delve deeper into whichever specialization they have chosen to study. So, a PhD after MBA would importantly require you to be passionate about research, have an innate curiosity towards your field and be ready to devote yourself for a longer period of time to your thesis.
Inclination Towards Academic Arena Another reason why many graduates aspire for a PhD after MBA is when they are planning to make a career as an academician . Since one needs to exhaust many years to this degree, you can pursue the profile of an assistant professor at the university itself while getting mentored for your research thesis. Further, by completing a PhD, you would be deemed eligible for the position of a professor at an academic institution though some universities or colleges might demand you to qualify for a teaching exam.
The average duration of PhD after MBA is approximately 5-7 years where the 1st year is more theoretical but from the beginning of the second year, you can pick specializations as per your choice. In Business and Management, there is an array of specialised PhD courses that one can choose from. Here are the top specialisations to pursue PhD after MBA:
- PhD in Entrepreneurship
- PhD in Commerce
- PhD in Accounting
- PhD in Economics
- PhD in Commercial Law
- PhD in Human Resource Management
- PhD in Operational Research
- PhD in Marketing
- PhD in Healthcare and Management
- PhD in Organizational Behaviour
- PhD in Finance
- PhD in Chemistry
- PhD in Computer Science
- PhD in Engineering
- PhD in Political Science
- PhD in Education
- PhD in Statistics
- PhD in Psychology
Though the specific prerequisites might vary from one university to another, there are some general criteria for PhD after MBA or any other postgraduate program that every candidate needs to fulfil. The primary requirement is that of a master’s degree in the related discipline (from a recognised institution) in which one is applying for a doctoral degree, if you are applying for a PhD in Business Administration, you need to have completed a postgraduate course like, MBA, MIM, amongst others. Along with these, you will be required to submit the following documents:
- GATE/CSIR-NET/UGC-NET Scores for Indian universities
- Research Proposal
- Letters of Recommendation (Academic and/or Professional)
- GRE , English proficiency test scores such as IELTS , TOEFL , etc. and SOP and LOR s to apply for PhD after MBA abroad
- An Updated Resume or CV
- Academic Transcripts
If you are planning to pursue PhD after MBA from abroad then the following points will guide you through the application process and entrance exams:
- The application process for global universities is very different from Indian universities. You don’t have to give any entrance exam to pursue a PhD after MBA from abroad, rather, you need to submit a GMAT / GRE score.
- LORs, SOPs and previous projects and research work matter a lot when you are looking to pursue PhD abroad. They make your profile strong and increase the chances of getting selected.
- Most universities have a 3-5% acceptance rate for PhD programs. Thus, it is essential to make your application strong, if you need any help regarding the same, get in touch with Leverage Edu experts.
- The PhD curriculum more or less remains the same, you need to work on your thesis and submit it in the provided duration to complete your PhD after MBA.
Also Read: How to Get PhD Funding?
Yes, it is possible to apply for PhD after distance MBA but if you are aiming for a doctoral course, you must pursue your MBA from a UGC-accredited university or college. To apply for a PhD after a Distance MBA, you must be able to provide valid transcripts as well as mark sheets from your MBA thus it is essential to check the certification of the institution before studying for an MBA.
MBA in Finance professionals often opts for a PhD to pursue a career in research or academia. Finance is one of the most popular specialisations for PhD after MBA and students can choose from various subjects like Financial Management, Financial Analysis, Financial Modelling, etc. To pursue PhD in Finance in India, you will have to qualify for UGC NET , NMIMS or NIPER JEE while you will have to qualify GRE for universities abroad. Let’s take a look at the universities for PhD after MBA in Finance:
- Indian Institute of Foreign Trade , New Delhi
- National Institute of Technology, Silchar
- Department of Management Studies-IIT Madras
- Alliance School of Business, Bangalore
- Ahmedabad University
- Shailesh J. Mehta School of Management
Here are the major careers for PhD after MBA in Finance:
- Financial Analyst
- Chartered Financial Analyst
- Stock Broker
- Budget Analyst
- Financial Researcher
Numerous renowned business schools and universities across the globe offer specialised PhD programs in varied fields of Business, Commerce and Management. To help you further in your research, we have listed down some of the major academic institutions that are internationally popular for their offered specialised courses for those aspiring to pursue a PhD after MBA:
Many study destinations like the UK, USA, Australia and Canada are renowned for their research doctoral courses so selecting the right country to study PhD is an important decision you must carefully take. Let’s take a look at the top countries to study PhD after MBA and their popular research universities:
PhD after MBA in the UK
Here are the major universities to study PhD in the UK:
- University of Bradford
- SOAS University of London
- Cardiff Metropolitan University
- University of Birmingham
- Queen’s University Belfast
- University of Kent
- Hult International Business School
Also Read: PhD Scholarships in the UK
PhD after MBA in the USA
Popular for its STEM courses as well as top-ranked business schools, the top universities for PhD in the USA are:
- Harvard University
- Stanford University
- University of California, Berkeley
- University of Columbia
- University of Wisconsin
- Cornell University
- Kellogg School of Management
PhD after MBA in Canada
Canada is another renowned destination for PhD programs and offers a plethora of specialisations in business and management. Here are the popular universities for PhD in Canada :
- University of Toronto
- University of British Columbia
- McGill University
- McMaster University
- University of Montreal
- University of Alberta
- University of Ottawa
- University of Calgary
Also Read: PhD in Canada with Scholarship
PhD after MBA in Australia
The land of Kiwis is internationally lauded for its focus on research education and high-ranked entrepreneurial programs. Check out the top universities for PhD in Australia :
- The University of Queensland
- The University of Western Australia
- University of Wollongong
- Queensland University of Technology
- Swinburne University of Technology
- University of Tasmania
- University of Sydney
PhD after MBA in New Zealand
If you are looking for affordable PhD courses after completing MBA, New Zealand is the best place for you. Take a look at the popular universities for PhD in New Zealand :
- The University of Otago
- University of Canterbury
- Lincoln University
- The University of Auckland
- Victoria University of Wellington
Adding the renowned academic degree of PhD to your list of qualifications, there are a plethora of career opportunities awaiting you. Since a doctoral degree in business-related disciplines provides you with an insightful acumen into the commercial arena, you will be equipped with the knowledge of data analysis and business trends and organisational problems. Further, you will be skilled with research methods such as econometrics, experimental methods, field studies, modelling etc. So, with a PhD after MBA, you will not only be a perfect candidate for academic profiles but you can also explore plentiful prospects in the corporate world.
Here are the top job profiles you can explore after pursuing PhD after MBA:
- Research Analyst
- Business Analyst
- Management Consultant
- Business Development Consultant
- Professor /Lecturer
- Chief Financial Officer (CFO)
- Chief Executive Officer (CEO)
The salary of PhD after MBA in India is somewhere between 7 Lakhs to 17 Lakhs per annum depending upon whether you work in the corporate sector or explore the academic domain working as a lecturer or academician.
We have elucidated upon the major employment sector for graduates with a PhD in Management and Commerce-related specialisations below:
Teaching The most popular career path post a PhD is that of becoming a professor. Most PhDs in business or management pursue it in the first place to pursue a career in academics. Further, most of the research universities prefer to hire PhDs as business school professors. If you are aiming to become a part of a prestigious academic institution or especially Ivy League school, you should definitely go for a PhD after MBA because this striking combination coupled with a few years of professional experience can make you an ideal candidate for the position of a university professor or lecturer at a business school. To give a rough statistical description, nearly 80% of business ‘PhD after MBA’ graduates become faculty members at business schools, and roughly 20% take jobs in the industry.
Research A PhD is quite a data-driven degree and involves extensive analysis and in-depth assessment as it constitutes submission of a research thesis as its incremental element. If you have been planning to pursue a career in research , an MBA is more of a professional route to take but combining it with a PhD might give you knowledge of both corporate as well as the research world. Getting a taste of both these areas, you can further enter the research sector with a versatile skill set which will prove extremely useful in carrying out path-breaking case studies and contributions with the potential of bringing the commercial industry in a newer light.
Corporate Sector As a common myth, you might be told that a doctorate degree is of no use in the professional world, but it is quite the opposite as a PhD after MBA can furnish you with the quintessential business acumen to fit the role of business consultant and analyst. As many doctoral scholars move further to become professors or researchers, only a small proportion of their heads towards the industry. As this degree provides aspirants with the understanding of employing PhDs to derive wisdom from their theoretical and unique methodologies for analysis, which when combined with the pragmatic training obtained during the MBA, marks for a marvellous body of knowledge. You can explore varied prospects in entrepreneurship ventures as well as companies like SEC, JP Morgan Chase, McKinsey and Morgan Stanley which are known to hire PhDs frequently.
Anyone with an MBA degree can pursue a PhD. In fact, it’s a good idea to do PhD after MBA if you are interested in exploring the arena of academics or research and you can also pursue opportunities in consulting firms in the corporate sector. Also, the top B-Schools such as Columbia University, Yale University, Harvard University, INSEAD, and London Business School have most professors with a PhD degree. So, if you aim to teach at top business schools in the world, pursuing PhD after MBA is indeed a good decision.
The exact duration of PhD depends on the specialization as well as the university, the fact whether it’s part-time or full-time, and other factors. Doing a PhD after MBA usually takes 4-5 years but relying upon varied factors, be it your chosen course or institution, it can take less than 3 years and as long as 7-8 years to complete.
Yes. You can do a PhD in Psychology after MBA. However, you will need 55% marks in your MBA discipline to qualify for a PhD in Psychology after MBA.
A PhD in Business is often referred to as a DBA (Doctor of Business Administration) which is usually considered as the sequel of the MBA and is the highest form of management degree. Pursuing a doctorate in Business or its related specializations would provide you with an enhanced insight into the commercial arena after which you can target higher-level career profiles ranging from a business analyst to a consultant or you can pursue academic positions which is another beneficial route to take.
The essential prerequisite for a PhD is to have a master’s degree along with the minimum marks specified by the academic institution you are applying for. With an MBA, you are eligible to pursue a PhD in commerce-related disciplines while opting for a doctorate in other domains might depend on the criteria provided by the particular university.
The answer to this question is explained well in the points given below: 1. Yes, you can do PhD after a distance MBA 2. Your degree must be from a UGC-recognized institution 3. The application process remains the same as for the regular degree holders 4. Make sure you meet all the eligibility requirements 5. Some universities prefer candidates with regular MBA degrees.
Going for a PhD after MBA will equip you with one of the best educational combinations in the world. It might not be the easiest of programs to pursue but the benefits are going to be fruitful for your professional journey. If you are planning to pursue a doctoral degree and don’t know how to go about it, sign up for a 30-minute career counselling session with our experienced team of mentors and experts at Leverage Edu and we’ll guide through the process of choosing the right PhD program and university that fits your interests and aspirations and can provide you with extensive exposure and opportunities to soar ahead in your career.Call us immediately at 1800 57 2000 for a free 30-minute counselling session.
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I like your article great content. Thank you
Hi Akash, we are glad to know that you liked our blog. If you need any further assistance regarding the admission process to any PhD course abroad, get in touch with our experts and we will help you build an awesome career.
We are glad to know that you liked our work! Don’t forget to share it with your friends who are looking for PhD courses after MBA.
I have done MBA. My specialization is marketing (major) & human resource(minor).I want to know which specialization should I choose for PhD or Can I choose other specialization like social work, political science,etc.
Hi Abhishek, to know which PhD specialization would suit you the best, reach out to our experts at – 88262 00293. You can also register for a free career counselling here – https://leverageedu.com/admissions/study-abroad-admission/ .
Nice blog thanks for sharing.
Hi Thomas, thanks for your feedback! Check out our blog on PhD entrance exams to know more about the ways for pursuing this course – https://leverageedu.com/blog/phd-entrance-exams/ .
Very good article. In my opinion, having a PhD will make you more likely to earn a higher salary over someone with just a Master’s degree. Nowadays more professionals are doing PhD research programs for a better career.
Thank you for the feedback and for sharing your opinion, Rohan!
Thank you very much for your elaboration on Ph.D. after MBA. I would like to know which specializations are available here in the USA.. Thank you.
Hi George, To know about the specializations of your choice, get in contact with our experts at 1800572000.
Hello I’m Amir I done MBA 3.5year and I want to study PhD directly after MBA can u guide me forther I continue which subjects
Hi Amir, To get our profile evaluated for pursuing a PhD after MBA, give us a call on 1800572000 and our experts will guide you about the same.
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Is It Necessary to Get a PhD After MBA?
- Blog Summary
A PhD in management enables you to gain a competitive edge, hone your skills, network with industry professionals and students worldwide, become a scholar and move up the career ladder. You can specialize in accounting, economics, marketing, finance, ethics and legal studies, healthcare management, etc. PhD in management helps you pursue jobs like a management consultant, professor, policy analyst, CEO and organizational change manager. The online programs from TSL-UCN adopt advanced teaching methodologies to improve your learning capacity, an international curriculum with global recognition, experienced faculty, mentors and academic heads, access to extensive learning resources and guidance for dissertation. Gain proficiency to become an excellent decision maker and thought leader.
Solution: A PhD in Management
Careers for graduates with a phd in management, feasible online phd in management for working professionals, why choose our online phd in management course.
MBA has been a gold standard for business and management professionals to seek for a long time. But, is there any degree that would add more value to an MBA graduate ? Have you ever thought of a PhD after MBA ?
Yes, you can take your career a step further in the world of business and management by enrolling yourself in a PhD in management . Whether pursuing a role in academics, research, or simply adding more value to your resume, a PhD in management would be an indispensable qualification one can undertake. If you are wondering what you would gain by enrolling in a PhD after MBA , keep reading.
Importance of Business Leaders in Africa
Africa has always had the potential to become the next global super continent, and the day of success is yet to come. Strong business leaders and innovators are pivotal in the growth of any country. One cannot overstate the importance of good leaders as they will utilize the resources and human potential to churn out productivity and goodwill. With nearly 420 million youth aged 15-35 from over 54 countries. One-third are still unemployed. It is estimated that almost 10 million managers must manage these working-class people to effectively improve the continent’s growth.
With rising global needs and the need to reduce reliance in a single country, many multinational conglomerates are looking to base on other countries to diversify their dependence. Good leaders are needed now more than ever to run these companies and suffice the mutually beneficial opportunities.
A PhD in management is a pathway to specialization or even sub-specialization, depending upon the candidate’s MBA. PhD after MBA would allow professionals to tackle specific research areas and answer questions with the potential relevance to the business world. Here are some of the fields of PhD after MBA specializations:
- Decision and analysis sciences
- Ethics and legal studies
- Organizational behavior
- Health care management
- Human resource
- Operations research and management
- Information technology management
Business schools are always in need of highly qualified and tenured business professionals who have a PhD. They require them to engage in research as their school rankings are highly influenced by the number of PhD-qualified faculty. Though a PhD in management is sought after by those interested in an academic or a research career, it is also beneficial to other business and management sectors.
Why Should You Consider a PhD After MBA?
Now you know that you can pursue a PhD after MBA now. You might ask us what the benefits of PhD are after MBA. In that case, let us explain as there are various benefits of PhD after MBA.
- Gain a Competitive Edge over Your Peers
Be it an on-campus or an online PhD in management degree ; it becomes an immediate marketable qualification that will give you a competitive edge among your peers in the modern workforce. A PhD will add a layer of credibility which bolsters your expertise in the eyes of a potential or your current employer. A PhD will also help you achieve your career goals irrespective of teaching, research, consulting, or anything else entirely.
- Hone Your Skills and Specialize
With a PhD in management , candidates will be able to hone in on their skills and specialize in the field they are interested in. The degree can also empower you to impact your current role by giving you expertise outside of your organization by providing research projects that may tackle various aspects in other industries. The time and the vast opportunities at hand will allow candidates to define themselves as they see fit.
- Meet Role Models and Network with Specialists
While pursuing a PhD in management , you will have the chance to meet and interact with many industry professionals with similar views, leading to many future collaborations and mutually beneficial business and academic endeavors.
Your classmates will also be your competition and colleagues in the future. Excellent opportunities will present themselves to you via academic conferences, which provide ideal opportunities to meet new like-minded professionals and scholars to expand your network.
- Become a Scholar
Pursuing a PhD is the pinnacle of learning in any given discipline. Students often work with the fringes of understanding and develop on it for others. A PhD will allow one to truly become a thinking man’s scholar beyond the specific knowledge of the discipline, paving the way for other thinkers to lay their foundation in the future.
The scholarly works are not merely limited to transferable knowledge but also research that can transcend many lifetimes. One would write decorations, reviewing articles, and publish in your field’s journals. A PhD in management can aid you places you never conceived possible, advancing you as much a scholar in the most real sense.
- Move up in the Career Ladder
As a PhD graduate, you get the chance to switch to different specialties and move up the career ladder if you are inclined. Many executive board level positions open up to specialized professionals who have the appropriate qualification and experience. Candidates will also serve as prominent consultants of the industry to help organizations develop a definitive well through strategy.
As one can see, the benefits of doing a PhD in management are in abundance; one only has many to gain by opting for a PhD in management as PhD management jobs in the academic and research sector are not the only options on offer to the graduates but also others such as;
Why Should You Consider an Online Management Course?
Online management courses have become the norm in recent times as more and more reputed business schools worldwide have started to offer online management courses for students worldwide.
One can also take up PhD courses in management online from your home’s comfort at a predefined flexible phase. Online PhD in management programs offer students a comprehensive program often based on in-class programs to help students get the most out of their sessions. The classes are set up as per the student’s agreed schedule and the board, allowing them to pursue their PhD in management courses without compromising their job or business.
A doctoral degree program in management imparts several skills that can be utilized as a part of a corporate organization, autonomously as a consultant, or even working in the public policy field with the government or an NGO. These are a few of the jobs you might want to pursue following the completion of your program.
After completing your program, you will be well-equipped to become an instructor in the business or management field yourself. You could also enter the private market as a member of a company or as an external consultant brought in to improve processes.
- Management Consultant
Companies seldom need to look for experts who can help them drive further success as they hire business consultants to collaborate with the organization to identify the appropriate business solutions. They may also build relationships with vendors and create programs that can meet a company’s business goals. Consultants can deal with various organizational issues. Still, they will routinely need to be both analytical in their approach to the data and collaborative in dealing with people.
- Business Professor
Business professors work at university level business schools and are typically expected to lecture students in their area of expertise. Professors are also often called upon to perform their independent research to publish in academic journals. A PhD in Management qualifies an individual for instructing students in business at the college level through lectures and the development of appropriate exercises, and the use of regular assessments.
- Policy Analyst
Some of the skills acquired as a part of doctoral work in management are transferable to the public policy field, like data analysis and setting business policies. As a policy analyst, you will be tasked to review, collaborate, and provide feedback with policies and aid in developing new proposals. This role requires analysts to perform an in-depth analysis of both quantitative and qualitative data during policy development.
- Chief Executive Officers
Developing strategic plans for organizations is the prime purpose of the executives. These professionals consider the time required to implement change, the processes involved, and the overall costs. Executives also oversee various departments and cultivate positive relationships throughout the organization to enhance performance.
One of the advantages of the doctorate in management is the ability to enter a wide variety of fields after completing your program. This flexible degree suits both the independent-minded who want to act as consultants or prefer a consistent corporate environment.
- Organizational Change Manager
Many organizations are now hiring change managers. These professionals are innovators who analyze and implement practical and critical organizational changes to improve the business. Change managers are also responsible for helping transition an organization to a new process, technical system, or an entirely new business model.
These professionals are accountable for researching, planning, and implementing a variety of changes. Usually, they organize critical meetings composed of organizational leaders and present their findings backed up by factual research data outlining the benefits the organization will receive if they proceed with the change.
In an academic partnership with the University of Central Nicaragua, Taksha Smartlabz (TSL-UCN) offers an acclaimed online PhD in management. This online PhD course is provided on a par with the regular program. It blends online learning flexibility, coupled with hands-on training to help students meet their professional goals and grow as a thought leader in your chosen field of work.
Choosing our online PhD in management course is a solid decision on any front. Learn more by reading further:
- The program is crafted to help students develop both professional and personal skills.
- More emphasis is given to developing enhanced scholarly skills through research, publishing articles, and book reviews.
- TSL-UCN utilizes and implements various new teaching methodologies and tools that will enhance the student’s learning capacity and abilities.
- Gain the proficiency to become an excellent decision-maker and a thought-leader.
- TSL-UCN offers a well-structured, international standard curriculum that is internationally recognized.
- A unique, well-thought-out block-based learning methodology known as BRICS-backed up by a state-of-the-art learning and management system.
- Complete the PhD courses in management with ease with the support of our highly experienced global faculty, student mentors, and academic heads.
- Access to a complete repository of course and supporting materials accessible virtually anywhere or anytime.
- Students are also offered thesis and dissertation support as well as access to e-journals throughout their program duration.
With that, we hope that you now will be able to see what’s next after an MBA and how it can be valuable to your career as a business and management professional. Good luck!
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Mba to phd: what is the recommended path.
Dr. Nick Dahan, Professor and Director, Online MBA California State University at Monterey Bay College of Business
As you are planning out your education and career, you may be considering furthering your education beyond an MBA with a doctorate degree in a business-related field. This is a big decision, given that it is likely a three- to six-year commitment that would affect your career and your family, both emotionally and financially. Be sure to make this decision after taking some time for careful consideration.
Here are a few key questions to ask in order to help with the MBA to PhD decision process.
Why Do You Need a Doctorate?
This is the most important question.
If you have substantial executive experience and you are interested in teaching in higher education, you may be eligible for the Association to Advance Collegiate Schools of Business’ (AACSB) “bridge” program , which helps executives become effective instructors. This program is designed for highly seasoned business leaders who are only interested in teaching, not pursuing research. They can teach in business schools either part-time or full-time in a contractual teaching-focused position (called non-tenure track, or clinical, or professor of teaching). In that case, a doctorate is not needed at all.
If the only reason to pursue a doctorate is to study a business discipline or to deepen your quantitative skills beyond what is possible in an MBA (even one with a concentration), you may want to consider a graduate certificate or a master of science (MSc). They offer the opportunity to take three to 12 courses with a narrower focus, such as data analytics, human resources management, project management, digital marketing, etc. A certificate or MSc is a great complement to an MBA, especially if your MBA consisted of, say, 10 courses covering 10 different business disciplines, with little opportunity to go deeper on any particular subject.
It must also be stressed that boosting earnings is rarely a strong reason to pursue a doctorate in business if you already hold an MBA or MSc in a business subject. As careers in the private sector are more lucrative and typically do not require a doctorate (other than a few corporate economist and financial positions where a PhD is a must), the financial return on the investment into a business PhD may actually be negative if you plan to go into academia compared to a private-sector career with an MBA. As an example, through a successful career in the private sector, a business executive may well earn more than $200K annually five or 10 years after completing their master’s degree in business, whereas it is highly unlikely that a business academic with a PhD will ever reach that salary level. However, while significantly increasing your earnings may not be the main reason, there are obviously plenty of other valid reasons for pursuing a doctorate.
Valid reasons to go from an MBA to a PhD include:
- Ensuring you achieve the deepest level of expertise on a subject matter, which can then be leveraged in the private sector, public sector, and consulting. Sometimes a graduate certificate or even an MSc is not enough for the kind of career you seek out
- Getting the opportunity to teach in higher education, either part-time as an adjunct while keeping your full-time job in business, or full-time by switching from a business career to academia. If the latter, the choice is often motivated by seeking a second career that allows more freedom and flexibility (stable employment and great benefits are important perks).
- For marginalized populations , it may be an important way to be given the respect they deserve. And business doctorate programs face a serious underrepresentation of minorities, in part because many programs do not offer scholarships and assistantships (instead, they are money-making programs for the universities), which decreases the likelihood of minority enrollment . Fortunately, there are initiatives to redress the situation and grow a pipeline of minority PhDs that can ultimately join academia, such as McNair fellowships in business , and The PhD Project .
Which Kind of Doctorate?
Not all doctorates are created equal. You have to choose one that matches your career goals:
Doctorate in Education (EdD)
This is not a doctorate in business per se. As such, it is very unlikely to lead to a full-time position at a four-year college nowadays. However, it can be useful in consulting, in specialized areas of Human Resource Management (adult education/training), or to pursue a leadership career in education (high school and school district, or on the administrative side of higher education such as Dean of students, Vice-Provost, etc.).
Doctorate in Business Administration (DBA)
In business fields, there are DBA and Executive Doctorate in Business Administration (EDBA) (EDBA/DBA) programs.
DBA programs are more practically oriented, focusing on conducting applied research. For example, a project the DBA student investigates in their professional context, as “action-research” that can be implemented quickly and deliver concrete benefits to their organization. Because the focus is on research that can be implemented in organizations, rather than published in academic journals to promote knowledge in the discipline, the DBA is well-suited for a career as a consultant. It could also be used to land a full-time position as an academic or a leader at a community college, where there is no expectation of conducting and publishing academic research.
Doctor of Philosophy (PhD)
PhD programs are more academic in content, typically providing even deeper training in research skills and subject matter, which often implies that they take longer to complete. A PhD first and foremost prepares students for a career in academia, specifically to be a professor or an academic leader, such as executive director, academic dean, provost, or president.
PhD programs focus on unique, theory-based research and publication of the findings of that research in academic journals and scientific books. If you are interested in a full-time academic career at a four-year college or university, a PhD is the degree for you. Of course, a PhD can also be leveraged in other careers such as consulting.
What Kind of Program?
Residential or online? Full-time or part-time? Every option exists.
If you aspire to mostly focus on teaching and therefore want to work at a college with a teaching emphasis, your PhD program options are broader than if you want to ultimately work at a business school where research expectations are more central. You have to select a doctoral program that will prepare you for the kind of academic career you aspire to: mostly teaching? A mix of teaching and research? Mostly research? Typically, the more prestigious the business school, the more emphasis is placed on research in its doctoral program.
If you want to be an academic, the more traditional route is to join a full-time residential PhD program where you can focus entirely on your studies and priming your research pipeline in order to prepare for a full-time academic position. Typically, seats are scarce at these PhD programs as it is extremely costly for universities to run these programs; they have to pay their most experienced professors to teach doctoral seminars to a very small number of students (often five to 10) who often have their tuition fully covered and get a scholarship or assistantship on top of that (often earning around $20K annually). If you are aiming to be hired as a faculty at a premier accredited school (AACSB-accredited for North America 1 , while in Europe EQUIS is another accreditation that is also prestigious), earning a PhD from a similarly accredited business school would be helpful (although outside of the USA there are quite a few prestigious business schools that are not AACSB or EQUIS accredited).
Some PhD and almost all DBA programs are part-time, offering students the option to keep working in parallel to their studies, but in that case, students have to pay tuition, which can add up to very substantial amounts over three to six years.
Finally, some programs are online rather than in person. In that category, a lot of DBA programs are either hybrid (each course has both an online and an in-person component) or mostly online with a small residency requirement (e.g., one weekend every semester). While it is not impossible to get a full-time academic position at a four-year college with a doctorate from a non-AACSB accredited business school, it is significantly harder, at least in North America. So, it is important to note that so far only one AACSB-accredited business school offers a fully online PhD program—University of North Carolina at Greensboro.
Start with Your Online MBA
Many roads lead to a doctorate in business, and upon completion it paves the way to a variety of careers. Therefore, this must be a personal decision based on your professional aspirations and work/life constraints. It is highly advisable to get in touch with professionals who successfully leveraged their doctorate in their careers, such as consultants or academics, in order to better understand the risks, challenges, and rewards of pursuing a doctorate, and the latest trends in their field.
Before moving on for a doctorate, however, you will want to pursue your MBA. Create the career and the life you want with the Responsible Business Online MBA from California State University, Monterey Bay. Keep advancing your career work as you earn your MBA with our 100% online curriculum which focuses on the increasing role and importance of responsible business .
About the Author
Dr. Nicolas (Nick) Dahan is a Full Professor of International Business and Strategy, and Director of the MBA program at CSUMB, College of Business.
He has worked as a full-time faculty at a number of institutions, both in the USA (most recently prior to CSUMB at Temple University-Fox School of Business) and France. He also has extensive adjunct teaching experience with American institutions, including George Washington University, Tulane University, Baruch College-CUNY, as well as top French business schools (ESSEC, ESCP Europe, Sciences Po), and executive education.
His scholarly work has been published in journals such as Business & Society, International Business Review, Journal of Business Ethics, Journal of Business Research, Human Relations, Long Range Planning, and Strategic Organization.
He has worked at several French firms, and has acted occasionally as a consultant for multinational enterprises as well as trade associations in either public affairs or international entrepreneurship/marketing.
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California State University, Monterey Bay has engaged Everspring , a leading provider of education and technology services, to support select aspects of program delivery.
25 Best PhDs in Management
Graduates with their Ph.D. in Management are primed for a career in the organizational and management research field. But with the majority of studies being held in a university setting, competition for placement can be fierce as graduates clamor for open university teaching positions. Even so, Salary.com does project a career growth for business professors of 18 percent between 2016 and 2026.
Doctorates can go on to become business executives, policy analysts, or consultants as well. The majority of the schools on this list, however, focus on developing strong researchers for an academic environment.
Ph.D. in Management
Doctorate research in management is a multidisciplinary field that requires expertise is psychology, sociology, economics, finance, and marketing, nevermind any field specialties like manufacturing or health care. So students should not only be well-rounded and well-studied in their skillsets, but they should be naturally curious, too.
Typically, schools suggest that applicants have a solid undergraduate study in linear algebra and calculus, and coursework usually consists of research and data analysis methodology in addition to in-depth business concepts. Some programs offer more in-depth teaching pedagogy, as well as teaching assistantships, to help support students develop classroom leadership skills. So whether you're into teaching or business management research, here's the list of the Best PhDs in Management.
Top Management Degrees uses seven data points to rank college programs. Here they are in order of importance:
- A Reputation Aggregate Score from other rankings
- Graduate Average Salary
- Alumni Reviews
- Percentage of Admitted Students Who Graduate
- Admitted Students' Test Scores
- Acceptance Rate
#25 Yale University – New Haven, Connecticut
Instead of offering the traditional two-track approach of most management schools, Yale University takes a more holistic approach to its Organizations and Management Ph.D. program. Students absorb both psychological and sociological perspectives of organization and management studies. The school also dives deep into empirical research methodology in the coursework, giving students a well-rounded curriculum that develops them into the scholars of tomorrow.
TMD Ranking Score: 78.12
#24 Massachusetts Institute of Technology – Cambridge, Massachusetts
The Massachusetts Institute of Technology has a stellar reputation, and it's Sloan School of Business is no exception. The historic school boasts four decades of business research and thought leadership, so it makes an excellent choice for the particularly wonky. Faculty and Sloan graduate students also take part in running the MIT Entrepreneurship Center–affectionately called the E-Center–which hosts all sorts of internationally renowned events, seminars, and research opportunities for the knowledge-hungry students.
TMD Ranking Score: 78.79
#23 University of Connecticut – Storrs, Connecticut
Similar to other schools on our list, the University of Connecticut divides up its Ph.D. program in Management into two main focus areas: organizational behavior or research management. In addition to the standard, this program also offers a unique minor in entrepreneurship studies that highlights newer firms and sustainable growth models. The program also stresses a lot of interaction with faculty, increasing student opportunity in research and thought leadership.
TMD Ranking Score: 79.04
#22 University of Central Florida – Orlando, Florida
Students in the University of Central Florida's Business Administration-Management Ph.D. program are required to hold full-time student status. Luckily, there are lots of opportunities to get involved in research within in the department. The program aims to develop students to be academics, teachers, and researchers in the management field.
TMD Ranking Score: 79.36
#21 University of Washington – Seattle, Washington
The University of Washington Foster School of Business offers a doctoral program in Management. Students have two major concentrations to choose from–strategic management or organizational behavior and human resource management, but students are welcome to include a minor to develop other areas of interest further. This program also prepares students to publish research in academic journals with coursework on research and statistical methodology.
TMD Ranking Score: 79.80
#20 Boston University – Boston, Massachusetts
Boston University has a residency requirement of its Ph.D. students; 32 credit hours must be completed on the Boston campus. In addition to credit hours, students are required to do teaching intensives to hone their teaching skills. Graduates will be able to not only research their areas of interest, but they will be capable of teaching both undergraduate and graduate coursework.
TMD Ranking Score: 81.62
#19 University of Chicago – Chicago, Illinois
The University of Chicago Booth School of Business's Ph.D. in Management and Organizational Studies program has a heavy focus on applied mathematics and computer methodology to solve management challenges. But in addition to mathematical programming and inventory theory, current students do focus quite a bit on accounting, behavioral science, and economics.
TMD Ranking Score: 82.33
#18 University of Pennsylvania – Philadelphia, Pennsylvania
The University of Pennsylvania's Wharton School of Business is considered an ivy school and perhaps has some of the strongest standalone name recognition on our list. Due to its history, the school has both impressive placement and alumni list as well. In addition to its impressive pedigree, Wharton offers many multidisciplinary focuses, including international business and human resource management.
TMD Ranking Score: 82.38
#17 University of Miami – Coral Gables, Florida
This Ph.D. in Business – Management Science concentration is primarily a research-heavy program. Collaborative research with faculty begins in year one, with coursework designed to mold students into researchers by graduation. Areas of specialty vary, but faculty boast expertise in the Monte Carlo theory and methodology, social media analytics, and spatial-temporal processes among more traditional topics. Applicants are highly encouraged to have undergraduate coursework in maths like linear algebra, calculus, and statistics as well.
TMD Ranking Score: 82.61
#16 Northwestern University – Evanston, Illinois
Northwestern University Ph.D. students come from a range of backgrounds–some fresh of their MBA or undergraduate degrees in related fields of study while others have spent years in the field in executive positions. Regardless of the starting point, all graduates of the program possess strong research skills to then go forth and apply in academic teaching positions at institutions like HEC Paris, London Business School, and Columbia University.
TMD Ranking Score: 82.87
#15 New York University – New York, New York
New York University offers a Ph.D. in Management via their Wagner School of Management. The program is divided into macro and micro fields of study, with sub-fields devoted to public administration, nonprofit sector work, and health management. NYU keeps it's cohorts small–5 to 8 students a year–and ensures that graduates matriculate with teaching skill sets as well as academic research skills in their fields of study.
TMD Ranking Score: 84.24
#14 Carnegie Mellon University – Pittsburgh, Pennsylvania
Carnegie Mellon's Tepper School of Business offers a Ph.D. in Operations Management for those students looking to continue in academic management research and teaching. Graduates are prepared to tackle operational challenges from a scientific perspective, as the program heavily stresses stochastic processes, quantitative modeling, and empirical study.
TMD Ranking Score: 85.60
#13 University of Southern California – Los Angeles, California
Management and Organization research at the University of Southern California takes a multidisciplinary approach. Students take coursework in psychology, sociology, and economics to further develop their expertise in their chosen topics. Students then delve deep into organization theory, structure, and strategic management. While the focus is a bit tighter than other Ph.D. programs, students are encouraged to take electives as well as collaborate with faculty, other students and research staff to further their understanding.n
TMD Ranking Score: 86.52
#12 University of Minnesota – Minneapolis, Minnesota
The University of Minnesota offers a Ph.D. in Strategic Management and Entrepreneurship via their Carlson School of Management. The school has a highly recognized research Each student's program is individualized based on their interests, and they are actively encouraged to support faculty research. This prepares students perfectly for a continued career in academic management research, and students have boasted placements at California State, Long Beach among others.
TMD Ranking Score: 87.08
#11 Cornell University – Ithaca, New York
Cornell University offers a Ph.D. in Management via their graduate school and promises to train students to research, to teach, and uphold the ethics of service orientation. Each promise has specific goals and measurements depending on the student's chosen area of focus. And students should also be prepared for regular professional luncheons, seminars, and other more participatory learning opportunities.
TMD Ranking Score: 88.78
#10 University of Michigan – Ann Arbor, Michigan
The University of Michigan's Ross School of Business is keenly focused on preparing their students to be the academic leaders of tomorrow. In addition to teaching research skills and data analysis, Ross students hone their teacher skill sets to prepare them for leading classrooms as well. The school also fosters a community feel, with brown bag lunches and other programs designed to gather together students and faculty outside of classroom environments.
TMD Ranking Score: 90.30
#9 University of California, Irvine – Irvine, California
The University of California, Irvine's Paul Merage School of Business cares about digital research. And no wonder with this campuses proximity to some of the countries largest tech giants. The program is divided into two phases. First, qualification is when students take research and theological coursework to develop their expertise. Once students complete their coursework, a written preliminary exam, and a formal oral exam, they are allowed to proceed to their dissertation.
TMD Ranking Score: 91.11
#8 University of Maryland – College Park, Maryland
Every Ph.D. candidate at the University of Maryland is paired with their faculty advisor who helps them craft a custom degree program. While Ph.D. students are required to attend on campus, the university does have digital learning resources available. Even so, with the school located just miles outside of DC, this is a smart choice for those looking to delve into government research in particular. The program has a required 36 credit hours, as well as craft and defends a dissertation to faculty.
TMD Ranking Score: 92.45
#7 Georgia Institute of Technology – Atlanta, Georgia
Georgia Institute of Technology offers a Ph.D. in Management with significant stress on developing necessary research skills. GIT makes it a priority to prepare students for their careers in management research and academia. In addition to the live classroom environments, students will also be expected to prepare and present a dissertation as well as comprehensive exams in their areas of study. Ph.D. candidates are also likely to live and study in the Atlanta-city area full time until their degree is complete.
TMD Ranking Score: 92.58
#6 Stanford University – Stanford, California
Tucked under the engineering department, Stanford University's Ph.D. in Management Science and Engineering has a sharp focus on pragmatic solutions to challenges in business today. This extra academic edge can prepare students for both careers in academic research, as well as highly technical research roles in industry or government. While the program can be completed in as little as three years, most students take five years on average to complete the program.
TMD Ranking Score: 93.72
#5 Columbia Business School – New York, New York
Similar to other schools on our list, Columbia has both a macro and micro track to its program. Columbia's microprogram has a particular focus on social and cognitive psychology on topics such as communication, negotiation, and bargaining, and stereotyping. The microprogram has a distinct emphasis on organizational theory, analyzing both public and private organizations as well as global examples to develop students' expertise further.
TMD Ranking Score: 95.03
#4 University of California, Los Angeles – City, California
UCLA's doctoral program in management prepares its students to follow their research areas of interest and helps its students prepare publications in the academic management space. Better yet, the schools better than 1:1 student to faculty ratios mean that students are well-supported by a diverse and experienced academics in the area. Graduates have gone on to teach management and business coursework at some of the world's most prestigious universities, including the New York University's economics department at New York University and information and operations school at HEC Paris.
TMD Ranking Score: 95.82
#3 University of California, Berkeley – Berkeley, California
Students at Management of Organizations (MORS) school must choose between a macro and micro track when working on their Ph.D. in Management. The macro track is geared more toward students interested in experimental design and theoretical development, and students will have opportunities to study under the Psychology department. In contrast, the micro track is best for students with a tighter focus on statistical methodology and data analysis, and students often coordinate with the Sociology department.
TMD Ranking Score: 96.47
#2 Harvard University – Boston, Massachusetts
Harvard University has a stellar reputation, so it's placement so high on our list isn't too much of a surprise. With a focus on health care, the Ph.D. in Management helps students dive deep into organizational structure and performance in health care delivery. Recent research topics have included process improvement in clinical drug trials, team performance in neonatal units, and safety and organization structures among others.
TMD Ranking Score: 98.12
#1 Duke University – Durham, North Carolina
Duke University's Ph.D. in Management and Organizations prepares students for teaching and research positions in some of the best institutions in the country–recent placements include Cornell and Carnegie Mellon among others. And each student studies decision-making organization behavior, and organizational theory, in addition to statistical and research methodology. In addition to defending a thesis, students will actively participate in the Management and Organizations department by presenting a faculty presentation beginning in Year 2 as well as working as a teaching assistant.
TMD Ranking Score: 100
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Is it Possible to Get My PhD After My MBA?
In academia, numerous accomplishments can be achieved. You can earn a dual degree and have expertise in multiple fields, or further your career potential by going back to school . But what about progressing from an MBA to a PhD?
In regards to higher education, many consider earning a PhD, or doctorate degree, the pinnacle of success. Usually, due to passion for a particular industry or subject, a PhD candidate will spend years of rigorous research to unpack its intricacies and become a leading expert in the field. At the end of their studies, they are able to finally see their work come to fruition when they receive their doctorate and join alongside other scholars. However, is it typical for an MBA graduate to move onto pursuing their PhD? And is there a specific purpose? Are there different types of PhD programs? What is the difference between a PhD and DBA?
To answer the budding question: yes, you can pursue your PhD after earning your MBA, and choosing to earn a doctorate is entirely up to you and your aspirations. To help you better understand if getting a PhD is the right choice, we look at the path an MBA graduate can take to earn their PhD, one of the higher purposes of a doctorate, and the different types of academic programs.
What is a PhD, and What is it Used For?
By definition, a PhD is a Doctor of Philosophy in a particular discipline, which is why it's also referred to as a doctorate. This focus is typically for individuals highly passionate about a specific subject matter, driven by the pursuit to understand it better through rigorous research. A majority of students seeking their PhD are eager researchers, although there are always exceptions, and each carries out years of highly intensive research to conclude their original thesis and earn their doctorate.
In terms of translating your education into a career, a doctorate can be used in a plethora of fields, especially if one’s thesis is around a wider subject matter and can be a discipline applied to various industries (take organizational development, for example). For those who are passionate about a career in research, a doctoral degree is a perfect fit. Possibly the most popular field for those with a doctorate is a fruitful career in academia, teaching their subject matter to others interested in the same area. Many graduates become faculty members at business schools upon completing their PhD and provide their expertise to their students. Regardless of which industry you choose, you can be assured that a PhD will provide you with numerous opportunities.
How Long Does it Take to Progress from an MBA to PhD?
The timeframe for earning your PhD can vary depending on program and location. Many countries have varying timelines of how long the completion of a doctoral program will take. In the United States, the average is around 4-5 years of completion after receiving your Master of Business Administration.
Do You Need an MBA to Get a PhD?
To be accepted into a doctoral program, you must have a master’s degree. It does not have to be a Master of Business Administration, but it does need to be a master’s of some form. Depending on your area of specialization, it could be advantageous to earn your MBA in pursuit of a PhD if you are planning to embark on a career in business upon completion of your doctorate. Additionally, one important aspect to consider is the program itself. It is important to look into a program’s requirements before applying to meet the eligibility criteria.
The Difference Between a DBA and a PhD
For those specifically interested in a career in business, a Doctor of Business Administration (DBA) is a highly beneficial doctoral program. A DBA focuses on a broader spectrum of business disciplines, dedicating research toward multiple corporate facets, and practical implementation. On the contrary, a PhD narrows into a specific area of discipline and research, emphasizing theory, and it’s potential implications. While both are heavily centered around research and implementation, a DBA sets business executives and leaders on a path to discover new possibilities for their organizations and businesses. In a way, it allows established business professionals to “trailblaze” the way for new and innovative ideas that can disrupt the market and set a precedent for the future of business.
Get Your MBA or DBA at Pepperdine Graziadio Business School
At Pepperdine Graziadio, we proudly offer degrees to accommodate business professionals at any stage of their lives and careers. Our full and part-time MBA programs are designed to prepare candidates for a successful career in values-based business leadership. All of our MBA programs offer a personalized learning approach executed by our world-class faculty. Each program is characterized by its top-ranked business curriculum that can be coupled with an academic concentration.
Our Executive Doctor of Business Administration (DBA) program has been carefully designed for the tenured business leader looking to drive groundbreaking innovations. This rigorous program allows candidates to gain in-depth knowledge and finetune their expertise through applied research. Also, executives enjoy learning alongside changemakers in various industries and participating in exclusive opportunities available only to DBA candidates.
Learn more about which programs fit your career aspirations and academic interests.
Learn more about how to achieve your career goals with a degree from Pepperdine Graziadio Business School.
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Blog » Academic » How To Pursue A PhD After MBA?
How To Pursue A PhD After MBA?
- Last Update: June 27, 2023
- July 30, 2021
- Pareeshti Rao
Table of Contents
Deciding on a PhD after an MBA should be driven by your interests and its impact on future job prospects. Choosing between an MBA and an MCom means picking corporate management or academia. Going for a PhD after an MBA is often seen as the less travelled path, but it’s worth exploring for its benefits, courses, and career options.
Both MBA and PhD programmes possess the ability to profoundly impact your career trajectory. Pursuing a PhD equips you with the opportunity to enter the realm of academia, become a professor and dedicate your life to research. On the other hand, an MBA can unlock lucrative job prospects at the highest echelons of the business world, significantly elevating your salary expectations. Consequently, it comes as no surprise that choosing between these two paths can be a challenging decision for many individuals.
A PhD after MBA will undoubtedly shape your career to be better suited for an academic domain, and even your corporate job will have a research undertone, such as research analyst or business development consultant, which are positions hired by business giants such as –
- Boston Consulting Group
- Morgan Stanley
- BlackRock Associates
- Securities Exchange Commission, and
- Ernst & Young
Who Is Eligible To Opt For PhD Subjects After MBA?
Aside from the prerequisite of having an MBA, the remaining qualifying conditions are as follows:
1. Excellent IELTS/TOEFL scores to demonstrate your command of the English language.
2. Depending on the university you intend to apply to, a GMAT/GRE score is required.
3. Academic transcripts as well as two to three letters of recommendation are required.
4. To examine the student’s competence, an interview is usually performed either in person or by video call.
5. Depending on the university, candidates may be expected to have one or two research ideas ready to present to the university when applying.
Benefits Of PhD After MBA
There are numerous benefits of a PhD after an MBA where students can get in-depth knowledge. This advanced academic degree offers a wealth of advantages for individuals seeking to deepen their knowledge in a specific area of interest. Find out how a PhD after an MBA can enhance your expertise and open doors to exciting opportunities.
- Gain an Advantage Beyond an MBA Degree
- Excel in Research Skills and Methodologies
- Passion for the Academic Field
- Opportunity to Pursue a Teaching Career
- Potential to Become a Business School Faculty
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Top Specializations to purse PhD after MBA
Embarking on a PhD journey after completing an MBA typically spans 5-7 years, with the initial year focusing on theoretical foundations. However, starting from the second year, individuals have the freedom to select specializations aligned with their interests. The scope of Business and Management offers a diverse range of specialized PhD courses, providing aspiring scholars with ample choices. Here, we present the top areas of specialization to consider when pursuing a PhD after an MBA.
- PhD in Chemistry
- PhD in Commercial Law
- PhD in Commerce
- PhD in Computer Science
- PhD in Economics
- PhD in Education
- PhD in Engineering
- PhD in Finance
- PhD in Healthcare and Management
- PhD in Human Resource Management
- PhD in Management
- PhD in Marketing
- PhD in Organizational Behaviour
- PhD in Operational Research
- PhD in Political Science
- PhD in Psychology
- PhD in Statistics
- PhD in Entrepreneurship
- PhD in Accounting
PhD After MBA In Abroad Universities
Countries abroad provide a lot of scope for students opting for a PhD after MBA. To make it easier for you, we’ve listed down some top universities where you can continue your studies:
PhD Or MBA, Which Is Better?
When it comes to choosing between PhD or MBA and understanding which is better? It entirely depends on you and your career goals. For someone who wants to be more focused on doing research, they should consider a PhD whereas if you wish to enter a business organisation and take up a leadership role then MBA is the right path for you. MBA can have an immediate effect on your earnings as well as career opportunities.
Time Taken For Completing A PhD
On average, a PhD programme in Management or Business takes three to five years to finish. The duration of the programme and the format of the PhD programme differ based on the country and university where you choose to continue your studies. Typically, the first two years include the whole of the PhD programme’s coursework.
Students can spend their time after the third year choosing and working on their research issue, gathering and analysing data, and writing their dissertation thesis. As a final stage of their PhD, they will take qualifying exams, seminars, thesis defences, or a mix of the three.
PhD abroad after an MBA is a booster pack that will earn you some of the most prestigious and well-paid positions in the world.
The vast majority of students who study for a PhD, pursue lucrative teaching positions at business schools across the world. Other prestigious positions that many students pursue include research associate, investment analyst, managing director, senior marketing manager, human resource manager, marketing manager, data analyst, business development manager, associate, business analyst, team leader, consultant, and financial economist.
1. Can I do PhD after MBA?
Individuals holding an MBA degree have the option to pursue a PhD. Choosing to pursue a PhD after an MBA can be a beneficial decision, especially for those interested in delving into the realms of academia and research. Moreover, it opens up opportunities in consulting firms within the corporate sector.
2. Is a PhD worth it after an MBA?
A PhD after an MBA is more useful in the educational area than it is in the professional field. The ROI and opportunity cost for this course are also not up to par at first, but that does not mean the course is not worthwhile; a PhD can be quite rewarding if done correctly.
3. Why do people do a PhD after an MBA?
PhD after MBA allows people to work in the field of research in management, finance, or business, distinguishing them from other managers who only pursue an MBA. PhD after MBA in Management opens the door to becoming a professor at one of the world’s top business schools, which is the most searched job.
4. How long is a PhD after an MBA?
In India, it typically takes 3-5 years to complete a PhD after an MBA, whereas the duration of a PhD after an MBA abroad can range from 4 to 7 years.
Thank you for reading this blog on How To Pursue A PhD After MBA. If you’d like to read more, here are some blogs that might be of interest to you:
- The Best Distance Learning PhD Programs in the UK
- The Most Helpful PhD Scholarships in Germany
- List Of PhD Scholarships In Ireland
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