Doctorate of Business Administration Salary India [2024]

What is a Doctorate in Business Administration?

DBA is a doctorate-level program that is offered by leading institutes of business and management. This is a globally recognised degree that is opted for by students from all around the world.

It offers deep learning about advanced management and business theory along with a practical understanding of the workings of the business world. Are You Looking For? | Online Doctorate Degrees!

DBA or Doctorate in Business Administration is a three to five-year program that carries equal value as that of PhD in Business. The only difference between PhD and a DBA program is that PhD is a suitable option for those seeking to pursue a career in research about business and management, while a DBA is a course specially designed for business professionals and executives with a certain level of expertise and experience in the relevant field.Enroll Today | Doctorate In Business Administration Online!

For entry-level individuals with a DBA degree, the salary can range between INR 3 lakhs to INR 15 lakhs per annum. However, factors like educational background, geographical location, sector of employment, and expertise in the field are essential factors that can influence the salary range.

Professionals with good experience in the management field and holding a Doctorate in Business Administration degree can earn beyond INR 20 lakhs per annum. For detailed information, read the blog and find the top job opportunities with salary for freshers and experienced professionals after pursuing a DBA degree.

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Top Job Opportunities after Doctorate in Business Administration. 

DBA is a professional degree that widens the chance of getting high-paying job roles at senior-level positions. Here we have given some job opportunities that students get after completing the DBA course.

Here are some of the top job roles that you can enrol in after completion of DBA -

1) Academic Consultant

These are the professionals who support individuals, organisations and other educational institutes in the matters associated with academics. They play a vital role in any institution by guiding individuals with the right guidance and information.

Their roles include student guidance, examination preparation, quality assurance, curriculum management, regular training programs, reviewing the policies from time to time, and product development that is required in ed-tech companies.

Academic Consultants can earn ranging between INR 2.5 LPA to more than INR 10 LPA. The salary range varies based on some factors including level of expertise & experience. 

Academic Consultant Level	Salary (per annum)
Entry-Level	NR 2.5 lakhs to 5 lakhs
Mid-Level	INR 5 lakhs to 10 lakhs
Senior-Level	>INR 15 Lakhs

2) Research-Based Employment

DBA, is a doctorate program that is completed after the successful submission of the research-based thesis. This helps students gain expertise in the field of academics and makes them eligible to pursue research-based employment as a professor, researcher, lecturer, corporate researcher, and many more.

The salary for research-based employment after a Doctorate in Business Administration varies for each job role and position. We have given some estimated salary figures in the research and academic field after DBA. 

Research-Based Employment	Salary(per annum)
Assistant Professor or Lecturer	INR 6 lakhs to 10 lakhs
Associate Professor	INR 10 lakhs to 20 lakhs
Senior level Professor	> INR 20 lakhs

3) C-Level Executive

Individuals with a DBA degree are often considered suitable to pursue high managerial roles in organisations that include job roles like CEO, CHO, CMO, Director, Operational Manager, Program Manager, CFO and many more.

The key responsibility in all such roles is to look after the smooth functioning of the teams and manage the reports for better insights into growth and opportunities in the organisation.

Such individuals are excellent with strategic planning, management of the finances, marketing strategies and others.

Here we have given the salary range for the people in such job roles -

Managerial Job Roles	Salary(per annum)
Chief Operations Officer (COO)	INR 15 lakhs to 30 lakhs
Chief Marketing Officer (CMO)	INR 15 lakhs to 25 lakhs
Chief Operations Officer (COO)	INR 15 lakhs to 30 lakhs
Operations Manager	INR 10 lakhs to 18 lakhs
Program Manager	INR 12 lakhs to 20 lakhs
Chief Human Resources Officer (CHRO)	INR 18 lakhs to 30 lakhs
Chief Financial Officer (CFO)	INR 18 lakhs to 35 lakhs
Development Manager	INR 8 lakhs to 15 lakhs
Director	INR 12 lakhs to 25 lakhs

4) Business Entrepreneur

Another job role that is also opted for by individuals with DBA degrees is pursuing a career as a Business Entrepreneur. You can initiate your startup easily after DBA as this course equips the students with in-depth knowledge and understanding of topics like finance, management, marketing, leadership and strategic planning.

Also, the course gives the hands-on skills that help an individual to run the business smoothly. You can start with any of the sectors as per your interest and passion. The success of the businesses is the key factor that can also impact the salary and yearly turnover.

So there is no fixed salary range in this. Some entrepreneur jobs are as follows -

• Entrepreneur
• Consulting Entrepreneur
• Technology Owner 
• Healthcare Entrepreneurs 
• Manufacturing Entrepreneurs 
• Real-Estate Entrepreneur
• Food & Beverages Entrepreneur
• Retail Entrepreneur

5) Market Research Analyst

There is no business without proper market research. And the people with these skills are always in demand. Their key role is to do market research to understand consumer behaviour, the latest market trends, and business strategies to take the firm to the next level of success.

They actively work to keep an eye on all the changes and trends in the market, as this is the crucial part that can decide the future of the business. The salary of the market research analyst can range between INR 8 lakhs to 15 lakhs per annum for a mid-level research analyst. 

6) Management Analyst

The role of management analysts, also known as management consultants, helps increase revenue production by reducing costs. Their role in an organisation is to improve efficiency, achieve the goals of business, analysis and research, data gathering, project management, analysis, research, problem identification, client communications, strategic planning and many more to enhance the productivity of an organisation.

The demand for management analysts is high in all sectors be it healthcare, technology, manufacturing, finance and many more. The salary for the Management Analyst varies on factors like experience, type of employment, sector of employment, expertise and hands-on skills. The salary for the fresher in the field of management analysis can range between INR 5 lakhs to 15 lakhs per annum. 

7) Economist

Economists are individuals with expertise in conducting extensive research, gathering data, the latest economic trends, the market change, and forecasting all the upcoming opportunities and threats.

Economists have the potential to earn a high range of salary. The salary can range from INR 6 lakhs to INR 20 lakhs per annum. But the salary can vary depending on several other factors. 

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Who should pursue a DBA?

A doctorate in business administration can be pursued if you are interested and passionate about getting into research in the field of business and management which sometimes requires a lot of patience and time. Also Available | Pre-Doctoral Fellowship Online!

DBA gives an upper hand to the candidates as it is more about the implementation of theoretical concepts in real-time business issues, Unlike PhD in business. There are a couple of candidates who can pursue a DBA. Doctorate in Business Administration, DBA is the best-suited course for you

• If you are someone with a senior-level post and looking to gain knowledge switch to higher-level job roles. 
• Also, if you have exceptional work experience that can help you to hone the existing skills for creating some new business strategies and tackling methods with real-time problems through research.
• Students with MBA degrees and willing to gain knowledge with a much deeper understanding of the business and management field. 

Top 10 Reasons why one should pursue a Doctorate in Business administration 

Here are some of the top 10 reasons why one should pursue a Doctorate in Business administration - 

1) Learn Decision-Making Skills

If you are a working professional, so you must know the importance of the right decision by the leader for the whole organisation and the existing teams. The right decision can only be made after the appropriate knowledge and understanding.

This skill does not come in a day, it requires lots of understanding. This course helps you provide all the relevant knowledge that later helps you to make better and more informed decisions. So, DBA is the right course for you if you are already a working professional and seeking to get into senior job roles. 

2) Better Job Prospects 

DBA is a doctorate-level study program that is highly valued globally for better job and career opportunities. Due to its global recognition, you are not limited to applying for domestic jobs only, you can freely apply for the posts and job roles abroad.

After completion of the DBA program, apply for job roles like Academic Consultant, Research-Based Employment, Business Entrepreneur, Management Job Roles, College Professor, Management Analyst, Corporate executive positions, Market Research Analyst and many more. 

3) High Earning Potential

After completion of the DBA, the students get well equipped with the skills to handle higher job roles that result in better earning potential. 

4) Organisational Skills

DBA is a professional course and this doctorate program aims to equip students with the right skills and knowledge to prepare a candidate job-ready. The organisation skill is a prerequisite for all the senior-level job roles. 

5) Leadership Qualities

Hone your leadership qualities by enrolling in the DBA program. This course not only polishes your existing skills but also helps in enhancing your knowledge circle by studying various business and management-based case studies that enhance your practical in-hand skills to make the right decisions like a responsible leader. 

6) Improved Management Experience

With the completion of the degree of DBA, you will be equipped with all the skills that are essential for you to handle the managerial post. 

7) Strategic Planning

The more skills you get, the better you become to acquire the job roles. Strategic planning skills help you to work in a disciplined way that later results in achieving goals efficiently.

8) Earn a Professional+Academic Degree

Unlike other doctoral programs like PhD, a DBA is both an academic as well as a professional degree that ample the students with lots of skills and knowledge. The course is highly pursued by working professionals that help them in accomplishing the target of getting a degree along with in-hand skills to have better career prospects. 

9) Update your Existing Knowledge

We are living in a world that is slowly getting AI and other technology dependent. In such scenarios, you always need to update your already existing skills and knowledge, to stay ahead in this competitive world. Organisations always require individuals with upgraded skills and knowledge that can match the market's trends easily. 

10) Broaden the Horizon of Knowledge

DBA is an advanced study program which offers in-depth learning about several topics like Finance, Marketing, Business management, leadership & strategy, dissertation, organisational behaviour and many more.

Job roles and responsibilities of Business Administration Manager

The roles of a business administration manager are numerous. DBA helps an individual learn all the skills that are required. So, if you are in one of those managerial job posts or about to land such a job role, DBA is the right course for you.

Several responsibilities have to be fulfilled by managers in the business and management field like -

• Management of the business activities.
• Oversee the performance of the teams 
• Budget management
• Resource management
• Strategic planning with the calenders 
• Responsible for conducting smooth organisational activities 
• Multitasking
• Negotiations with the deals and contracts
• Report Management for the higher authorities 
• Oversee finances and investments

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Conclusion 

DBA is an advanced program 3 years doctorate program that can help you achieve your career and future goals. This course is highly opted for by working professionals who are seeking to get in-depth skills and knowledge to get better job opportunities and better salary offers.