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PhD for Working Professionals in Business Administration
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Updated at : September 30, 2024
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Choosing a full-time PhD or doctorate program becomes more difficult for a business professional. In response to this challenge, several universities have developed a PhD category specifically for working professionals. Practical expertise in the field of business administration is the main focus of this curriculum. This program category of "PhD for Working Professionals in Business Administration" is offered at different universities with a slight variation in the name. Also Read | What Is a Doctoral Degree?
In India, certain Indian Institutes of Management (IIMs) have launched the PhD programs in business administration for working professionals in a hybrid or blended style. The special features of these flexible programs PhD for working professionals include a more practical approach than their standard counterparts and a duration of three to five years. To be a part of this program at IIMs, you need to pass a university-specific entrance exam or receive a good score on either of the CAT, GRE, GMAT, or JRF (UGC-NET) exams.
If you are keen to get a doctorate in business administration but are not confident about passing an entrance exam, you can go for the online version of this program. These online PhD in business administration are not offered in India but are available at accredited international universities. This category of online PhD is famous at foreign institutions by the name of Doctor of Business Administration or DBA.
These online DBA programs are completely valid in the global job market including India and make you add a “Dr.” title to your name just like a standard format of a PhD. Other than this, there will be a long list of benefits that you can avail by opting for an online DBA course. The number one on that list would be a direct admission process that does not require a high score on the GRE, GMAT, or any other entrance exam. Next in line is the alumni status of a foreign university that can be acquired at any age with this doctorate program. As the final outcome of this online DBA program, you will have access to some senior-level career opportunities in the global market.
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The curriculum design of an online DBA available at foreign universities is highly focused on application-based knowledge of business topics. In the pursuit of the same, the universities offering it have kept both business-oriented subject matter expertise and research methodology in the curriculum.
Introduction to Doctoral Research
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Formulating Research Topic and Literature Review
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Quantitative Methods
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Qualitative Methods
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Business Strategy and Innovation
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Leadership Skills - Leading People, Organization and Change
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Data Collection and Techniques (Optional)
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Dissertation Phase
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With any of the following academic qualifications, you can apply to a working professional PhD in business administration that Indian universities offer.
In addition to these academic qualifications, you would also need to do well in the university-specific tests, or any of the common entrance exams like GRE, GMAT, CAT, or UGC-NET.
For an online DBA program, you only need a master's degree from an accredited university and some professional experience. Even if you have only completed a bachelor's degree, you can still apply for the program with 3+ years of work experience.
The duration of this PhD specialization, which is given by Indian universities to working professionals, is three to five years. This blended mode of this program makes professionals feel more comfortable pursuing their careers and doctorates at the same time. However, the minimum time commitment for an online DBA offered at international universities is fixed at three years.
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Working professionals in India can pursue a PhD in business administration with an initial cost of about INR 10 lakhs which seems quite affordable in comparison to a regular PhD. However, if you choose the online version of this program provided by foreign colleges, you would be able to complete the program within this fee range. Online DBA at international universities begins at INR 8 lakhs. This amount covers the tuition fee of the program, digital learning material, and the cost of accessing learning platforms for the same. In case you opt for global campus immersion, you may be required to pay an additional cost based on the university you choose.
The admission process for a PhD in business administration for working professionals in India has the restriction of scoring high in the entrance exam. After fulfilling the requirement for the cut-off marks, you will be able to proceed with the rest of the admission formalities like submission of paperwork and fee deposit.
In the case of an online DBA, you would not have to wait for any exam result as there is none conducted for the same. However, being offered by a foreign university, this course might require you to deposit some extra documents like a statement of purpose (SOP), cover letter, recommendation letters (LORs), and resume. After the verification of all the docs, you will be notified by the university via an admission offer letter. This offer letter also has the mention of the amount that you need to pay to black your seat. After paying this amount, you would become a part of an online DBA program at an international university.
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After looking at the fee range in lakhs, you might be having financial concerns regarding this doctorate program. However, you do not have to go through this financial anxiety as the foreign universities offering it have introduced the EMI option to pay for the course fee. This way you can pay for this program in easy monthly installments without feeling any extra burden.
The only extra effort that you would have to make to get this facility is to connect with the loan partner of your university to know all the terms and conditions. You may also be required to deposit your bank statements or other financial proof to fulfill the requirements.
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Pursuing a PhD in business administration can prove to be one of the best decisions for your professional life. The research track that you learn from this program helps you develop a research-oriented thinking approach toward any business challenge. This program makes you use your fundamental business knowledge to develop new business strategies innovatively.
If you go for the online format of this program, you will have the added benefit of completing it in 3 years. Since the online PhD in business administration for working professionals or the online DBA is offered by international universities, you will gain a global prospect of business trends. The alumni tag of a foreign university will even make you explore career opportunities at a global level. The “Dr.” title that you will earn upon completion of this doctorate program will help you get placed at CXO-level positions in an organization related to your area of interest.
College Vidya Advantages
After you complete your PhD in business administration in any mode, you will be eligible for a variety of career profiles. These profiles range from academic institutions to different domains in the business world. As a business professional, a doctorate in the business field would even help you become CEO, COO, or a part of the board of directors of your current organization. From a long list of job titles for doctorate holders, a few of them are listed below along with their average annual salary package.
Job Profiles |
Average Annual Salary (INR) |
Administration Manager |
7.9 LPA |
Entrepreneur |
8.25 LPA |
Organizational Development Manager |
8.3 LPA |
Business Consultant |
9.2 LPA |
Professorship |
10.4 LPA |
Project Manager |
12.5 LPA |
Researcher |
15 LPA |
Human Resource Director |
28 LPA |
C-Level Roles |
30 LPA |
Every area of the business is in great demand for business specialists. The primary reason for this rise is the objective of increasing corporate profits. Business executives are well-suited for CXO roles in businesses after earning a PhD in business administration. Creative problem-solving and research-based decision-making abilities of PhD holders make them access these senior profiles at decent firms.
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IBM
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Tata Power
Wipro
The basic difference between a regular PhD and a PhD for working professionals in business administration is the mode of delivery. The regular one is offered full-time in a campus-based mode and for working professionals, it is delivered in a blended mode.
Yes, by opting for an online PhD in business administration for working professionals, you can continue your job while studying.
No, an online DBA or Doctor of Business Administration is the same as an online PhD in business administration for working professionals except for the fact that an online DBA is offered by foreign universities only.
As observed at different foreign universities offering online PhD in business administration for working professionals or online DBA, the duration of the program is set as 3 years.
Yes, upon completion of your online PhD in business administration or online DBA program from an accredited foreign university, you will be allowed to use the prefix “Dr.” with your name.
No, an MBA or a master’s degree is preferred for an online PhD in business administration or online DBA program program but you can take it up even after graduation with a minimum of 3 years of relevant work experience.
In India, a PhD or DBA degree holder earns an annual average of INR 12-18 lakhs. This package is very much dependent on the skills of the degree holders and their prior experience in the field.
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