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Home Doctorate Is Doctorate In Business Administration (DBA) Worth It?

Is Doctorate In Business Administration (DBA) Worth It?

Apr 23, 2024 1.2K Reads

DBA, or Doctorate in Business Administration is a three to five-year program. It is a globally recognised degree and is accepted for all types of employment in India as well as in foreign. The DBA provides in-depth learning about finance, business, management, marketing, human resource management, leadership, strategic planning, research on real-time business issues and many more. Get Dr Title without MBBS | DBA Programs Online

 

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3 Years Doctorate Programs In Online mode? || Is it a valid option

DBA comprises the study of the theoretical aspects of business and management and the application of such concepts. DBA is a doctorate-level degree similar to a PhD in business and management. The difference between a DBA and a PhD is that the DBA is a business-aligned program specially designed for working executives with some job experience in relevant fields. In contrast, a PhD is more about research and academics, it prepares the students to get a strong grip on research, and DBA uses an applied research approach to train the candidates with hands-in-skills. 

Doctoral Program (Working Professionals)

PhD for Working Professionals

PhD Online?

Distance PhD?

Part Time PhD

What is a Doctorate in Business Administration (DBA)? 

Are you a working professional who is looking to upskill your existing knowledge skills, then DBA is the right course for you! It is an advanced program that improves the skills of the candidates related to business and management. This online doctorate is pursued by individuals who have some skills and experience in managing and operating a business. DBA helps in teaching the candidates the implementation of the theoretical concepts on practical ground and understand the applications and operations better. This degree is different from an MBA and PhD in business administration, as both of these programs are more about conceptual study. Also, there are various specialisations that students can choose from. Also Available | Pre-Doctoral Fellowship Online!

The DBA course is offered online as well as in offline mode. It is offered by universities abroad and is globally recognised. A doctorate in Business and management helps students learn about various concepts and advanced tools. They learn about topics related to finance, management, marketing, and many more. But before enrolling in this doctorate program, make sure to check the eligibility and the required work experience. Individuals can enrol in specialisations like Supply Chain Management, Human Resources, Artificial Intelligence, Emerging Technologies, Accounting, Project Management, Leadership, Healthcare Management, Marketing, International Business and many more. Choose as per your convenience and passion. 

Some key highlights of DBA

  • DBA is a three-year doctorate program that is specially designed for working executives who are willing to enhance their skills and knowledge in the business and management field. 
  • Individuals enrolled in the DBA program learn about the topics related to finance, marketing, business, management, and operations. 
  • Get admission to a DBA degree and learn skills like strategic planning, management, leadership, organisational skills, better decision-making skills, and many more.
  • DBA is equivalent to a PhD and individuals enrolled in DBA get the same alumni status as the on-campus students. 
  • DBA has an approach to offer a balanced curriculum of both research and application in business issues.
  • Get Dr. as a prefix with your name after completion of DBA. 
  • DBA is offered by foreign universities and hence it is valid and accepted globally including India. 
  • Individuals should pursue degrees from institutes that are 
  • AACSB, EQUIS and AMBA accredited. 
  • It can cost you $ 20,000 to $50,000 per annum for tuition fees. However, the cost of living and other expenses can vary from individual to individual. 
  • After completion of the course, you can work in various industries including teaching, research, management roles, senior-level positions in corporate sectors and many more. 
  • Individuals holding a DBA degree can earn between a range of INR 3 lakhs to 20 lakhs per annum. With exceptional experience and skills, the salary range can go beyond INR 20 lakhs per annum. 

Top 10 Reasons why a DBA is worth it

Well, Pursuing a DBA has its advantages. A doctorate in Business Administration is worth it if

  • You are a senior-level post with exceptional work experience and want to excel in your skills for better career growth. 
  • You are a working professional looking to learn the in-depth knowledge and skills of business and management for better job opportunities.
  • Individuals with MBA degrees want to pursue higher education and have a keen interest in research-based studies. 

However, there are several other benefits that an individual gets once they enrol in an MBA degree. Some of the top reasons that suggest that DBA is worth it-

1.) DBA can help you get high earnings- A doctorate in business administration can help you get better job options and hence better job opportunities. After completion of DBA, you can earn INR 3 lakhs to beyond INR 20 lakhs per annum. The salary range can vary depending on factors like on-hand skills, experience, and expertise. 

2.) DBA provides research skills- A Doctorate in Business Administration is focused on learning and understanding the concept to create unique research work. You will learn about the research methodologies. DBA is about learning theories and applying them in practical settings. The students have to work on the research/dissertation as well as this is an integral part of the DBA. 

3.) DBA offers better career opportunities- The students can excel in their skills to get top-notch and high-paying jobs. You can explore better job opportunities after completion of your DBA. 

4.) DBA helps you get a C-level Executive position- A doctorate program, unlike an MBA, is an advanced degree that works on in-depth learning. The students get holistic and specialised knowledge about all aspects of business and management. This helps them to handle top management roles like CFOs, CHROs, CEOs and many more.

5.) DBA provides advanced skills- You will learn the skills that will boost your confidence. Skills like leadership and organisational management, strategic management, and better decision-making skills. Learning all these skills is an integral part of the course.

6.) DBA gives access to global opportunities- This degree is often offered by the top foreign universities and hence it is a globally recognised degree. This gives an upper hand to those seeking jobs abroad as this degree is worldwide acceptable.

7.)DBA opens the door to a teaching career- DBA is a course that opens the door to academics. You can pursue a career as a professor, academic consultant or lecturer in the university or institution. 

8.) DBA is a professional degree- Unlike a PhD in business, DBA is a professional as well an academic degree which means it not only helps in understanding the concepts but also implementing the same concepts in real-time business issues. This degree is an excellent option if you are looking to pursue a doctorate not just for knowledge, but for getting more career prospects. It aims to make a candidate ready to pursue a job role after completion of the course with practical hands-on skills. 

9.) DBA is best for emerging entrepreneurs- If you are an entrepreneur or looking to start your own business, then this course is the right choice for you. The doctorate in business administration is an excellent course that gives holistic knowledge about business and administration. DBA is a course that can be an all-in-one guide to running your business smoothly with excellent skills and in-depth knowledge.

10.) DBA helps in Global Networking- A Doctorate in business administration is often opted by working professionals who come from different backgrounds and industries. Enrolling in this course with a diverse group of people helps you reach more and more people in different sectors and industries. 

What are the DBA's top specialisations?

There are various specialisations that students can enrol in. The top specialisations of DBA that are opted for by the students include-

What do you learn in a DBA program? 

The syllabus remains the same for all DBA Specialisations. A few topics vary for different specialisations rest remains the same for all. Here we have given the common syllabus for all specialisations. 

  • Advanced Business Theory & Practices-
  • Strategic Planning
  • Innovation & Entrepreneurship
  • Global Business & economics
  • Leadership Development
  • Organisational behaviour
  • Finance
  • Business Administration 

The variation in the syllabus is based on the specialisation opted for. The syllabus for some specialisations is mentioned here below-

DBA Specialisation

Syllabus

Entrepreneurship

  • Innovation Management 
  • Entrepreneurial Finance
  • B2B Marketing 

Healthcare Management

  • Healthcare Managerial Decision Making
  • Law and Ethics in Healthcare Management 
  • Managing Healthcare Delivery Systems 

Human Resource Management

  • The New HR: The Savvy Strategic Partner 
  • An HR Plan for Organizational Agility
  • Succession Planning: A Survival Tool of the Fittest 

Leadership

  • Change Management
  • Multicultural Management
  • Sustainability

Energy Management

  • Energy Production Analysis
  • Business Infrastructure 
  • Energy Delivery Analysis
  • Vulnerability Analysis

Finance

  • Law and Compliance
  • Entrepreneurial Finance 
  • International Finance 

Global Supply Chain Management 

  • Global Supply Chain Management 
  • Multicultural Management 
  • IT for Competitive Advantage

Self-Designed

  • Entrepreneurship  
  • Healthcare Management 
  • Human Resource Management  
  • Leadership 

Accounting 

  • Managerial Accounting 
  • International Aspects of Managerial Accounting 
  • Accounting-Based Performance Evaluation Systems

Homeland Security

  • Impact of Homeland Security Policies on Business Continuity 
  • Business Infrastructure Vulnerability Analysis
  • Homeland Security—Business Planning 

Information Systems Management

  • Global Supply Chain Management
  • IT for Competitive Advantage 
  • Innovation Management 

Jobs that you can get after a Doctorate in Business administration 

Doctorate in Business Administration is an excellent course and ranks among the most opted courses by working professionals. You can get job opportunities from the top MNCs and organisations like Google, TCS, Accenture, Flipkart, Amazon, HCL and many more. Here we have given the list of professions with the 

Job Roles 

Salary(per annum)

Academic Consultant Level

INR 2.5 lakhs to 5 lakhs 

Assistant Professor or Lecturer

INR 6 lakhs to 10 lakhs

Associate Professor

INR 10 lakhs to 20 lakhs

Chief Operations Officer 

INR 15 lakhs to 30 lakhs

Chief Marketing Officer 

INR 15 lakhs to 25 lakhs

Chief Operations Officer

INR 15 lakhs to 30 lakhs

Operations Manager

INR 10 lakhs to 18 lakhs

Chief Human Resources Officer (CHRO)

INR 18 lakhs to 30 lakhs

Program Manager

INR 12 lakhs to 20 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

Market Research 

INR 8 lakhs to 15 lakhs 

Management Analyst

INR 5 lakhs to 15 lakhs

Economist

INR 6 lakhs to INR 20 lakhs

DBA is an in-demand degree that you can opt if you are also struggling to get job opportunities or looking to get skills and in-depth knowledge. There could be numerous reasons to pursue this program, but always consider pursuing a course if you are passionate and keen about it. If you are a person with a knack for handling difficult business issues, DBA is an excellent course for you then it is worth it for you. 

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FAQs (Frequently Asked Questions)

Yes, it is the right career option if you are a working professional looking to upskill your business and management skills. You can get amazing job opportunities after completion of DBA. 

Yes, you can add Dr. with your name after the DBA degree completion.

It depends on your career goals, If you want to pursue a research career, go for a PhD, but if you want to learn the applied research approach, choose DBA.  Both PhD and DBA are doctorate-level study programs and carry equal value. Both degrees are valid and accepted by employers. 

After DBA, you can earn a salary ranging between INR 3 lakhs to INR 15 lakhs per annum. The salary range may vary from person to person depending on the industry, skills, experience, type of employer and many more.  

 

After Completion of DBA, you can get various job prospects. Here are the top job roles-

  • Academic Consultants 
  • C-Level Executive
  • Market Research Analyst
  • Economist
  • Management Analyst
  • Business Entrepreneur
  • Professor

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