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Doctorates in Business: How to Find The Best Program For You

The MBA has long been considered the standard for business professionals at the management or executive level. But as more and more leaders hold MBAs, they aren’t the differentiator they used to be. As business challenges grow more complex, technology rapidly advances and consumer behaviors change, a doctorate in business is an investment many business leaders are making to elevate their skills.

If you have C-suite aspirations, want to increase your salary, and gain research skills that can deliver a competitive advantage for your organization, a doctorate degree in business can help you achieve your goals.   But how do you find the right business doctorate program for you? First, you need to understand there are two major types of doctoral programs in business—academic, theoretical Ph.D. programs and professional, applied doctorate programs. And, to make it more complex, there are multiple degrees for business professionals within each category. That’s why we want to make your options clear.   Let’s explore in more detail so you can confidently make a decision on which doctorate in business program is right for you.

Should You Earn A Theoretical Doctorate or Professional Doctorate?

The answer to this question really lies in your professional aspirations. In short, it boils down to a simple question: Do you want to spend your career teaching business leaders or leading businesses to grow?   Why Earn a Theoretical Doctorate In Business?   Theoretical doctorates are Ph.D.’s. If you want to spend your career as a business professor, or in a research capacity to support businesses, a Ph.D. in business is likely the best choice. Ph.D programs focus heavily on academic research.

Earning a doctorate is challenging and rewarding, but do you know what to really expect? Download this free guide for tips and insights to help you prepare for success.

Why Earn a Professional Doctorate In Business?   These are sometimes called an Applied Doctorate. This type of business doctorate focuses on applying research and business theory to solve real-world business challenges. If you want to spend your career leading a business, or consulting businesses, this is likely the direction for you.     It should be noted that both programs are very research-intensive. After all, a doctorate is the highest level of educational achievement you can receive. The difference is the focus of that research.   “A doctorate is not like another master’s degree,” comments Dr. Tim Reymann, Program Chair, Doctor of Business Administration at Franklin University , “It requires even more reading, writing and research than any other degree you’ve earned. Make sure you do a significant amount of reflection on what you need to be successful. I tell students to look for a degree you’re passionate about, knowledgeable and engaged faculty and an institution that builds a support system for it’s doctoral students.”

Which Doctoral Degree Path Should You Choose?

Here are many doctoral programs aimed at helping business leaders succeed. Here are three of the leading choices—and who is the ideal fit for each.   Doctor of Business Administration (DBA)   This is a professional doctorate designed to help leaders create transformational change through advanced research, analytical, and leadership skills.   “DBA degrees are geared toward working professionals who want to practically apply their degree,” says Dr. Reymann, “They usually work in the corporate sector and want to advance in management at their organization, or want to teach applied business theory at a university.”   Through earning a DBA, you’ll gain a deeper understanding of key business dynamics like global economics, government regulation, technological advancements and an increasingly dynamic workforce. With these research skills and new knowledge, you will be able to recognize business opportunities, generate innovative solutions, and confidently lead a team or organization, or pursue a role as a faculty member teaching these subjects.   Ph.D. in Business Administration   This is a theoretical degree designed to prepare individuals to provide unique research to the business field or teach within an academic setting.   “Most individuals looking to get a Ph.D. are looking for a faculty position at a tier-one or tier-two university where they can teach on a full-time basis and perform original research,” says Dr. Reymann.   Rapid advancement of technology and evolution of business environments presents many opportunities for the rigorous research that a Ph.D. in Business Administration can provide.   Doctor of Education in Organizational Leadership (Ed.D)   An Ed.D. is an applied doctorate designed to prepare individuals for administration and management within the education field.   “Ed.D. programs apply management principles to the education field,” says Dr. Reymann. “These programs are a great fit for individuals who want to hold a management or leadership position in education—like principals, superintendents, and university administrators.”   Through earning an Ed.D., you’ll learn how to apply cutting-edge educational theories and apply them to the challenges within an educational system to create real change—whether improving schools or increasing access to educational opportunities.

5 Questions To Determine Which Doctoral Degree Is Right For You

Choosing the right type of degree is a highly personal and significantly important decision. It will have an impact on your education experience and your career opportunities. As you research degrees and institutions, make sure you are choosing the right degree to empower your future.   Here are five key questions to help you find the program that works best for you:

• What is my desired career?
• What type of research am I most interested in conducting?
• What type of organization do I want to work for?
• What value do I want to contribute to an organization or the world?
• What’s my ideal type of work setting?

3 Key Questions To Ask When Deciding Where You’ll Earn Your Doctoral Degree

So, you’ve chosen a degree. Great! Earning that doctoral degree will be an intensive process. When choosing a doctoral business program, you should find a student-centered program that will offer you support through the entire process. Here’s what to ask to find a program that works best for you:   What type of educational experience am I looking for?

There are three instruction methods in doctoral programs: in-person, online and hybrid, which is a combination of in-person and online. When choosing the right one for you, flexibility is usually the determining factor. Most in-person programs are full-time, which limits your ability to keep your job while getting your degree. Online programs allow you to complete a degree on your schedule, so you don’t have to put your career on pause. Hybrid programs, on the other hand, may be right for professionals who choose an online program with a local campus.   What type of support will I need to be successful?

Some doctoral programs can feel like solitary experiences, especially if they’re completed online. But if you’re looking for high-levels of support, the right online program will deliver. From faculty advisors to personal librarians and collaborative learning experiences, a supportive program will put you in touch with the right people and resources at every step of your doctoral degree.   How much flexibility will I need to balance my personal, professional, and educational pursuits?

Make sure you choose a program that offers the right balance of flexibility and structured learning . You want flexibility in the number of courses you take, when you complete coursework and how you conduct research. Structure should come in how courses are taught and a step-by-step dissertation process that removes roadblocks and sets you up for success.   “At Franklin University, every doctoral student receives a faculty advisor,” comments Dr. Reymann. “They check in with students at least once a month to talk about their progress, answer questions, and help clear roadblocks. Even with an online program, we believe in being highly engaged and creating one-on-one relationships with students.”

Get Started On Your Doctoral Degree Path

Only 2% of professionals complete a doctoral degree, so pursuing a terminal degree is inherently challenging and extremely rewarding. Explore Franklin University's Doctor of Business Administration (DBA) and Doctor of Education in Organizational Leadership (Ed.D.) to see how our flexible, student-centered programs can help you successfully achieve a doctoral business degree that gives you the skills you need to lead.

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Doctoral Business Programs

Do i need a business degree to complete a business doctoral program.

A doctoral degree not only qualifies you to teach in a university setting but is also suitable in a business setting, thanks to the superior critical thinking and data analysis skills required to address issues across industries. In order to pursue a doctorate, you must have a master's degree. However, the master's degree, or your undergraduate degree, is not required to have been of a business specialization. Fundamental business acumen gained through educational pursuits, like a master's program or MBA, is preferred, but can also be acquired through extensive career experience.

PhD in Business 

The PhD is for candidates interested in pursuing a career in academia and are passionate about developing an in-depth specialization of knowledge on a particular area of business. The PhD focuses on conducting original research that contributes to new knowledge or theory. Many PhD programs follow a standardized curriculum, requiring students to develop specialized knowledge in a business area like management or economics.

Candidates typically find roles in a university setting as a tenure-track faculty member, but may also continue to focus research or work as a business consultant.

Doctor of Business Administration (DBA)

While it still requires research, the DBA is designed for practice-oriented candidates with significant industry experience at high levels. Candidates gain experience with conducting rigorous research to address a defined business issue, combining business acumen and scholarly methods.

Candidates of the DBA may find similar roles as a PhD—either teaching at a university or in business consultancy—but may also apply their experience to their roles as business leaders.

Key Differences in Doctoral Programs

• Admissions to either doctoral program type require a master’s degree, but the DBA also requires a significant amount of professional experience.
• PhDs are research-oriented, while DBAs are practice-oriented.
• Both degrees typically require a dissertation, but the type of research will vary.

Selecting an Accredited Program

What's the quickest way to tell if a business school offers a high-quality DBA or PhD program?

See if they've earned AACSB accreditation .

Business schools that have earned AACSB accreditation have gone through a rigorous process that ensures they are teaching students exactly what they need to succeed in business. AACSB accreditation is globally recognized as the highest indicator of quality by businesses and other business schools opening a world of opportunity for your career, whether you return to business or enter academia.

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Program for Research in Markets & Organizations

HBS faculty conduct research on a wide variety of topics. In the application you must indicate your top three choices of research areas, in order of preference, from the topics listed below. Top applicants will be matched with faculty-designed research project based on their indicated interests.

1. Corporate Social Responsibility research explores business impact of delivering economic, social, and environmental benefits to stakeholders.

2. Business and Government researchers study the economic, political, social, and legal environment in which businesses operate. Drawing from perspectives of economic theory, political science, and history, they examine the “rules” and policies established by government and other non-business institutions that affect business in the United States; turn to history to understand the origins of today’s business environment as well as some of the alternatives that have emerged from time to time; and study other countries’ business environments and their historical development. This group of scholars is deeply interested in the impact of globalization and the way rules are emerging to govern international economic transactions as globalization proceeds.

4. Performance Measurement and Outcomes scholars study drivers and effectiveness of performance measurement and management control systems.

5. Market Design seeks to translate economic theory and analysis into practical solutions to real-world problems.

6. Finance researchers strive to understand how managers and firms make value-enhancing decisions; and how financial institutions, markets, and instruments contribute to this process.

7. Globalization scholars concentrate on the effectiveness of management practices in global organizations; cross-cultural learning and adaptation processes; the challenges of taking companies global; emerging-market companies with global potential; and international political economy and its impact on economic development.

8. Health Care research studies how potential application management principles and best practices from other industries can be applied; how the process of innovation can be improved; how principles of strategy and consumer choice can be utilized; how information technology can expand access, decrease costs, and improve quality; and devising approaches in developing nations can impact global health.

9. Human Behavior and Decision-Making research focuses on individual and interactive judgment and decision making, with applications to organizational behavior, consumer behavior, behavioral operations, and behavioral economics. Research topics include the psychology of conversation, ethical decision-making (including cheating and self-deception), the impact of rituals on mourning and consumption, team and organizational dynamics and performance, whether money makes people happy, when and why people disclose information, and health behavior change.

10. Leadership research explores questions of organization change, power and influence, innovation management, and the crucial role leadership plays in organizational success. The topic of leadership spans all academic units at HBS and fosters a collaborative and multi-disciplinary approach.

11. Social Enterprise research seeks to understand the challenges associated with driving sustained, high-impact social change. Current research focuses on leadership of socially mission-driven organizations; the role of business leaders and corporate citizenship in driving social change; business models that address poverty; management of high-performing K-12 public school districts; and financing models for the non-profit sector

12. Technology and Innovation research focuses on value creation of platforms and two-sided markets; use of open architecture and leverage of its collective value; development and execution of innovation strategies; innovative attributes of executives and firms; development of new markets through the creation of disruptive innovations that displace earlier technologies; development of innovations in sectors; and the impact of innovation on economic growth.

13. Other. It is impossible to capture all that HBS faculty study. If you have a specific interest in an area not listed above, please select this category to describe an area of research within the disciplines of economics, sociology, psychology, policy, or history that is relevant to business academia.

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A Dive into Business Doctorates: Understanding the DBA and PhD Journey

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01 May 2024

The Taylor's Team (Editor)

Embarking on pursuing doctoral studies within business is not just a commitment to academic excellence but a voyage towards unparalleled professional growth and leadership.

This path, filled with challenges and opportunities, prompts aspiring scholars and seasoned executives alike with a fundamental question: to seek the breadth and depth of a Doctor of Business Administration (DBA) or to delve into the theoretical rigours of a Doctor of Philosophy (PhD) in Business ? This decision, far from trivial, is a determinant of one's future career trajectory and scholarly impact.

What drives an individual to scale the academic summit in business? Is it the allure of breaking new ground through innovative research, or the ambition to ascend to the zenith of corporate leadership? How does one navigate the crossroads between applied knowledge and theoretical exploration? These thought-provoking questions underscore the essence of the choice between a DBA and a PhD in Business, each path offering a distinct journey with its unique rewards and challenges.

Curriculum and Research Approach

Doctor of Business Administration: Bridging Theory and Practise

The DBA programme stands out for its practical orientation, designed to embed advanced management theories into the realities of contemporary business . The curriculum is a blend of coursework and research, that are structured to address real-world business challenges. Students are encouraged to develop strategic thinking and leadership skills that transcend traditional academic boundaries, fostering an environment where knowledge is not just acquired but applied.

Research within a DBA programme is distinctly applied, focusing on pragmatic solutions to business problems. This involves collaborating with industries, understanding their challenges, and devising research that not only advances academic knowledge but also offers tangible benefits to the business community. The DBA curriculum often includes modules on research methodologies tailored to applied research, analysing data in business contexts, digital transformation, and the management of innovation and change , ensuring that graduates are well-equipped to lead in a complex business landscape.

PhD in Business: The Quest for Scholarly Excellence

In contrast, a PhD in Business is characterised by its emphasis on the creation of new academic knowledge. The curriculum is heavily research-focused, diving deep into theoretical models, methodologies, and the nuances of business theory. PhD students are scholars in the truest sense, dedicating themselves to extensive research that aims to push the frontiers of business academia.

The research conducted within a PhD programme is theoretical and aims to contribute to the scholarly discourse on business, addressing gaps in the existing literature and proposing new frameworks for understanding business phenomena. This academic pursuit often results in the publication of articles in top-tier journals, contributing to the global repository of business knowledge. The PhD curriculum is designed to build a strong foundation in research methodology, statistical analysis, and theoretical concept development, preparing students for careers in academia and research institutions.

Doctor of Business Administration programmes now blend leadership with innovation and global insights, while PhDs in Business address practical challenges, preparing scholars to apply theory in dynamic environments.

Dr. Lin Woon Leong

Programme Director, Doctor of Business Administration

Career Outcomes

Doctor of Business Administration: Leaders in Business and Beyond

DBA graduates are highly sought after in the business world, prized for their ability to combine academic insight with practical application. They commonly ascend to leadership roles within their organisations, leveraging their doctoral training to drive strategic initiatives and innovation. The DBA also opens doors to careers in consultancy, where graduates apply their research skills and business acumen to advise firms on complex issues.

The versatility of the DBA allows for career mobility across industries, with graduates taking on roles such as Chief Executive Officer (CEO), Chief Operations Officer (COO), and other executive positions where their expertise can directly influence organisational success. Moreover, DBA holders are well-positioned to contribute to executive education, offering a bridge between academic theory and business practise through teaching and development programmes.

PhD in Business: Academia and Research

PhD graduates are the torchbearers of academic research in business, often embarking on careers as university professors, researchers, and thought leaders. The PhD is the hallmark of academic achievement, enabling individuals to contribute to the educational landscape through teaching, mentorship, and scholarly publication.

Beyond academia, PhD holders find opportunities in think tanks, governmental and non-governmental organisations, and research institutions, where they undertake complex research projects that inform policy and strategic decision-making. The PhD in Business cultivates a deep understanding of business theories and methodologies, preparing graduates to tackle some of the most pressing challenges facing the business community and society at large.

Decision Factor: Navigating Your Path

Choosing between a DBA and a PhD in Business is a decision that hinges on personal career aspirations, research interests, and the impact one wishes to make in the business world or academia. You should consider the following factors:

Career Objectives

If your goal is to ascend to the highest echelons of business leadership, applying research to solve practical problems, a DBA may be your path. Conversely, if your ambition lies in academia—teaching, publishing, and contributing to theoretical knowledge—a PhD will serve you well.

Research Interests

Reflect on whether you're drawn to solving real-world business problems or you're more intrigued by theoretical questions that contribute to academic discourse. The DBA is designed for those looking to apply advanced management principles to solve practical issues, whereas the PhD focuses on theoretical research that seeks to expand the body of knowledge in business studies.

Flexibility and Time Commitment

The structure of DBA programmes often caters to working professionals, offering more flexibility in terms of coursework and research timelines. This makes it possible for candidates to continue their professional pursuits while advancing their academic credentials. PhD programmes, by contrast, are typically more rigorous and time-consuming, requiring a full-time commitment that might necessitate putting professional engagements on hold.

Professional Network and Academic Community

Consider the type of professional network and academic community you wish to be part of. DBA students often find themselves interacting with a cohort of experienced business leaders, creating opportunities for networking and collaboration in various industries. PhD students, meanwhile, are more deeply integrated into the academic community, attending conferences, contributing to scholarly publications, and engaging with researchers and theorists.

Long-term Impact

Finally, think about the long-term impact you wish to have in your chosen field. A DBA prepares you to drive change and innovation within industries, applying research to enhance business practises and strategies. A PhD, on the other hand, allows you to contribute to the foundational knowledge of business, shaping the future of academic research and education.

It's vital to match your passion and career goals with market trends. A PhD fits those drawn to research and academia, while a DBA suits those aiming to tackle business challenges in leadership or consultancy. Engage with industry and academic professionals through informational interviews to understand the real-world relevance of each degree. Consider how each aligns with your long-term goals and adaptability to market changes. Ultimately, choose the degree that best positions you to achieve your professional objectives in a dynamic global business landscape.

Charting Your Course

The journey towards a doctoral degree in business, whether through a DBA or a PhD, is one of profound personal and professional growth. It demands a clear vision of your career objectives, a deep passion for research, and a commitment to contributing to the field of business in a meaningful way.

By carefully considering the curriculum, career outcomes, and personal aspirations associated with each programme, you can make an informed decision that aligns with your goals and ambitions. Whether you choose the path of applied research and practical application offered by a DBA or the scholarly pursuit of theoretical knowledge through a PhD, your doctoral journey will equip you with the skills, knowledge, and insights to make a significant impact in your field.

At Taylor's University, we offer both Doctor of Business Administration and Doctor of Philosophy in Business programmes that cater to the diverse needs of our students, ensuring that every learner finds a pathway that not only meets their educational goals but also fits seamlessly into their career aspiration. We encourage you to make an appointment with us, where our dedicated education counsellor can work with you to chart a personalised education pathway that truly supports your journey towards achieving your career objectives.

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12 Career Paths You Can Pursue With a Doctorate in Business Administration

If you are considering earning your DBA online to increase your career possibilities and salary potential, a good starting point is to do a deep dive into the jobs you can get with an advanced business administration degree. 

Online DBA degree programs can enhance the careers of many professionals by equipping them with marketable, high-level skills like data-driven decision making, business intelligence, and ethical leadership. 85% of surveyed professional doctorate graduates say that their degree facilitated a promotion or career change. Additionally, 97% of DBA graduates report receiving a full-time job offer within six months of graduation.

Post-graduate education in business administration can equip you for greater success in your field. Consider 12 of the jobs that a business administration program can prepare graduates to fill. 

Request My Free Marymount DBA Program Guide

Business Consultant

Business consultants — also called management consultants or management analysts — work with corporations and organizations to achieve their specific goals. A consultant may be retained in order to work on a specific company project, such as a reorganization or expansion. Consultants will request and review data and information about the organization then make recommendations for best practices based on what they observe. 

The consultant’s job is often split into two parts that work together: reviewing past information and presenting future plans. Therefore, consultants need to be skilled both in data analysis and in effective communication, so that they can empower their clients to make informed, clear decisions. Graduates of doctorate in business administration degree programs will especially excel at these dual responsibilities.

The Bureau of Labor Statistics projects that management analyst roles will grow by 14% between 2020–2030 , which is faster than the average rate for all occupations. They list a median annual salary of $87,660, however, that is based on bachelor and master’s level management analyst roles as well. The highest 10% of earners in these roles earned over $156,840 per year. 

C-Suite Executive

Professionals who hold a doctorate-level degree in business administration and have many years of relevant experience in their field are equipped to enter c-level roles such as chief executive officer, chief administrative officer, or chief operations officer. These professionals are typically responsible for oversight of many major aspects of a company, including employee teams, budgeting, and projects. 

Executive leadership roles such as c-suite positions are increasingly technical as the marketplace shifts toward higher prioritization of data and metrics. In fact, artificial intelligence, data science, and machine learning technologies are the top three technical skills that are in-demand for C-suite executives. Business administration degrees that emphasize business intelligence are a perfect fit.

The BLS projects 8% growth rate in top executive roles between 2020 and 2030. They list a median annual wage for chief executives of $185,950. 

Economists study data, trends, and economic issues in order to understand various aspects of resource production and distribution. They may conduct surveys, perform statistical analysis, and use various technological tools and software programs to evaluate economic trends. 

Professionals in the economics field will find that a doctorate of business administration enhances their capacity to make interpretations and forecast trends in the marketplace. Their degree program will also strengthen their leadership skills, further empowering them to share their forecasts and predictions with key stakeholders of businesses, organizations, government agencies, or even individuals in order to assist them in making economic decisions.

The BLS lists a median annual wage of $108,350 for economists . However, this estimate includes economists with master’s degrees. Economists with doctoral degrees may have a higher earning potential that is closer to the top 10% of economist’s salaries listed by the BLS, which is higher than $198,230.

Professors who hold a doctorate of business administration are likely to teach classes in a college or university’s business school, and to cover topics like business practices, management skills, or ethical leadership. The day-to-day work of a professor may include meeting with a student to discuss a paper or exam grade, making lesson plans, and conducting a survey that will inform an upcoming scholarly article. 

The BLS projects a 12% growth rate for postsecondary teachers between 2020 and 2030. The median annual wage for these professionals was $80,560 in May 2020. The top 10% earned more than $179,540.

Organizational Development Manager

Organizational development managers determine what types of training and development could help the organization and its employees reach their goals. An organizational development manager may work with both teams and individuals in order to make development plans. Professionals with experience as human resources generalists or training managers who graduate from a doctorate of business administration degree program will find themselves well-suited for roles in organizational development management.

Organizational development managers are responsible for selecting training opportunities that align with the company’s objectives, creating and managing staff development budgets, and evaluating training programs and those who lead them. 

The BLS projects that roles for training and development managers will grow 11% between 2020–2030 , which is faster than the average for all occupations. These professionals earned a median salary of $115,460 in May 2020, with the top 10% of earners receiving over $200,210.

Director of Human Resources

A director of human resources (HR director) may work in any number of business fields. The HR director develops and implements policies, plans and coordinates activities, and oversees various components of organizational staffing. This professional will be responsible for recruitment, hiring, and training of staff members, delivery of performance evaluations, and, when necessary, disciplinary issues including termination. 

HR directors, who typically have years of experience in human resources or a requisite role, often work closely with senior leaders to ensure that the company culture is aligned with the organization’s goals and objectives. They are also involved in various dynamics of company procedures such as compensation, benefits, leave, and occupational health and safety. 

The BLS does not project a growth rate or list an average salary for Directors of Human Resources. However, they project a growth rate of 9% between 2020–2030 for human resources managers, which may shed some light on the subject. According to Built In , the average base salary for an HR director is $140,493 with an average of 432,770 in additional cash compensation, totaling $173,713.

Government Program Manager

Across all branches of the military and dozens of government agencies, skilled leaders with experience and education in workforce planning and leadership are needed to manage people and programs. A program manager in the federal government, for example, may work for the Environmental Protection Agency to develop training programs and conduct strategic planning. A program manager who works for the Equal Employment Opportunity Commission may advise commission leaders, oversee nation-wide programs, and direct policy development.

At the local level, program managers may work for a city or state. They might, for example, be responsible for designing and implementing programs that lead a city’s decarbonization efforts. A program manager in such a position may collaborate with other leaders to create a plan for increasing their area’s use of green energy.

At the federal level, many program manager jobs are ranked as GS-15 according to the General Schedule Pay Scale. That means a salary range of $110,460 - $143,598 per year. As far as the state and local level, Payscale lists the average government program manager salary as $91,657 .

Nonprofit Executive Director

Nonprofit executive directors are the primary leaders of charitable organizations. They are responsible for overseeing programs that align with the organization’s mission and industry best practices. Oftentimes, their roles entail fundraising, strategic planning, and advising the board of directors. Nonprofit directors may have worked in the field for decades, or they may be transitioning from a public or private role into the philanthropic sector. Skills like leadership, strategic planning, and financial management may transition well to a nonprofit executive director role when combined with a doctorate of business administration degree.

The ability to understand the needs of the population the organization serves both through data and relationships are invaluable for such a leader — and makes a doctorate in business administration a great asset. These leaders need to be able to put together and activate staff teams who can accomplish great things with limited resources.

Salaries for nonprofit executive directors tend to vary based on the size of the organization and its budgets. The BLS does not track nonprofit executive director salaries or job projections specifically, but they do state that the average mean salary for top executives in social advocacy organizations was $164,010 as of May 2020 .

Strategic Planner

Strategic planners work to innovate and implement projects, systems, and strategies that improve a company or organizations. They may create and present various plans, or stages of plans, that project years into the company’s future — and outline the steps to take along the way. Graduates of doctorate of business administration degree programs who also have experience in management and analysis are strong candidates for strategic planner roles.

Strategic planners need to have a varied skill set that includes the ability to analyze data, design plans and strategies that address weaknesses, and communicate concepts with key stakeholders.

While it is not an exact match, the management analyst projections and salary listed by the Bureau of Labor Statistics are useful for understanding the possible range for strategic planners. The BLS lists an average median salary of $87,660 for management analysts in May 2020 and a projected job growth rate of 14% from 2020–2030.

Market Research Analyst

Market research analysts monitor and forecast marketplace trends. They work in most fields of industry studying and projecting sales and marketing trends so that the companies they work for can make strategic, data-driven decisions about the products and services they offer. Marketing assistants and account representatives will be strong candidates for a market research analyst career path when they combine their professional experience with a doctorate of business administration degree.

These professionals explore everything from consumer demographics to product demand in order to provide research-based recommendations for marketing, advertising, and sales efforts. They employ statistics, visualizations like charts and graphs, and research methods such as polls, surveys, and focus groups to inform their recommendations. 

The BLS lists an average median salary of $65,810 for market research analysts with 10% of senior market research analyst professionals earning over $127,410. Market research analyst job positions are projected to grow by 22% from 2020–2030.

Project Manager

For graduates of a business administration degree program who enjoy empowering others to learn, grow, and work together effectively, the role of project manager is a great profession to consider. 

A project manager may work as a consultant or work at a company full time to oversee various company projects. Professionals in these positions are often responsible for setting project goals and milestones, collaborating with teams to ensure progress, and assessing projects at various stages. They oversee the timeline and budget, allocate resources, and update key stakeholders.

The BLS lists an annual median salary of $77,420 for project management specialists and business operations specialists, with the top 10% earning $135,220 or more. The BLS expects 9% job growth for management occupations between 2020–2030. 

Logistician

Logisticians analyze data, current events, and company performance to coordinate their company’s supply chain . They typically manage the full life cycle of a product, allocate needed materials, and work with suppliers and customers to create positive outcomes for all involved. The skills developed in a doctorate of business administration degree program can enhance and build upon the abilities of logisticians.

Logisticians may design strategies to improve efficiencies, perform troubleshooting tasks, and work to reduce costs for their company. While most logisticians work in manufacturing, they also find employment in the government, professional services, private corporations, and more. 

The BLS projects a 30% growth rate between 2020–2030 for logisticians , which is much faster than the rate for all occupations. They list a median annual wage of $76,270 for this position, with the highest percent earning more than $122,580. 

Accelerate Your Career with an online Doctorate of Business Administration from Marymount University 

The marketplace needs data-savvy leaders. Through the online Doctor of Business Administration (DBA) in Business Intelligence program at Marymount University Online you can prepare for high-level business management.

Our 100% online DBA program takes less than three years and focuses on applied research that directly correlates to the real-world. Prepare to lead with a DBA in Business Intelligence .

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Different types of PhD

Students often have many questions about PhD’s. Is a doctoral degree a PhD? What’s the difference? The pinnacle of education is that of a PhD, doctorate qualification. But did you know that there are different types of PhDs, and how do you choose the right one for you and how can you get PhD help ?

‘PhD’ or Doctor of Philosophy is the most widely known higher qualification. However, there are other types of PhD degrees that specialise in particular subjects or are professional degrees completed in a different format.

Here’s what you need to know about all the higher education degrees available.

PhD/DPhil (Doctor of philosophy)

Many think that DPhil and PhD are different degrees but they are only different names for the same thing. DPhil, an abbreviation for Doctor of Philosophy, is a British term but is hardly used by many universities any more. An academic PhD can be studied in all subjects and are not restricted to certain fields.

A PhD typically involves independent and original research in a particular field or subject. Some PhD degree courses include taught parts, however, the main focus of the course is the completion of a publishable thesis as a result of the independent research.

PhD’s can range from three to four years long for full time students and as long as seven years for part time PhD students. The majority of PhD courses require a Masters degree qualification to apply, however, applications with significant professional experience may be accepted with lower qualifications.

This degree is also an academic type PhD. Aiming to advance theoretical understanding of a subject and often, helping students to advance in their careers rather than focusing on professional development. As a result, PhDs are typically awarded in traditional academic subjects.

Th.D (Doctor of theology)

A Th.D is a PhD equivalent degree, however, it can only be undertaken in Christian theology. As a result, this degree is only offered by universities with religious connections. Whereas, a PhD allows students to study any religion and are usually available at most universities. As this is an academic type degree, students will undertake this qualification for careers in academia, leadership, or ministry.

Professional type Doctorates

Another type of higher education is professional type PhD’s. These are higher degrees awarded as part of professional registration such as in fields like Medicine. Or studied as a professional development qualification for career advancing reasons. Often, these degrees are supported by employers as they explore more vocational subjects and aim for a career outside of academia.

In addition, these degrees are taught differently to traditional PhDs including more practical work rather than just theoretical independent study or thesis writing . These degrees reply on smaller research projects, shorter theses, and taught practical work. As a result of this approach, applicants will often need professional experience in the field or subject of study.

DBA (Doctorate in business administration)

A DBA is a PhD equivalent qualification in business administration and management. As a professional type degree, there are key differences between a DBA and a standard PhD. Most notably, a DBA combines management theory with training in the methodologies and techniques necessary to carry out the research.

These degrees are now offered worldwide and take around 4-6 years to complete. A DBA is designed for experienced professional applicants such as those in senior positions, those with an MBA or equivalent looking for a higher qualification, and those looking to refine skills for business development. Therefore, this degree is not suitable for a student straight from a masters degree.

DProf (Doctorate of professional studies)

A doctorate of professional studies can be undertaken in any subject like a PhD. However, it focuses on professional development within your chosen work context. Often, the study can be inspired by the students own experience within the field and so the degree can be untaken within a profession or can be more individual.

Each course will vary between subjects and institutions which can mean the subject area you are interested in may only be available at certain universities. Again, this course predominantly includes a large taught part and then self-study presented as a thesis.

EdD/ D.Ed (Doctorate of education)

An EdD is a professional type equivalent PhD qualification in Education. This program is designed for experienced teachers or people in other education roles. Who may be looking to move into more senior roles, work into a totally different role in education, or is interested in contributing to research in the sector.

EdD courses are usually taught in two distinct parts. The first part will focus more on taught modules or trainings in various theories relevant to education and practices essential for the research part of the course. This section is what makes this course more differentiated to a traditional PhD. The second phase of the degree focuses on independent research for a thesis.

Please note, this degree is not a teaching qualification and you should consider a PGCE or other postgraduate teaching qualification.

Other professional type PhD equivalent degrees include:

Dsoc/sci (doctorate of social science).

This type of PhD can cover a variety of topics including management science, psychology, or political science.

EngD (Doctorate of engineering)

An EngD is a PhD equivalent qualification in engineering and applied sciences and includes working closely with a company throughout the degree. This program is suitable for engineering professionals, those looking for higher employment options, or those wanting to contribute to theory and research in their field.

DArch (Doctorate of Architecture)

Less commonly heard of than others, a DArch is a PhD equivalent in Architecture. This qualification helps to prepare students for a career in architecture. Often covering topics like architectural theory, architectural communication, technology, and management.

MD (Doctor of medicine)

A doctorate level degree in medicine and health studies and typically requires students to have years’ worth of postgraduate experience. As a professional type higher degree, this course will combine research and clinical practice.

Are there other types of higher degrees similar to a PhD?

The simple answer is, yes. There are other qualification types that can be deemed similar to a PhD, however, they are not studied in the same way and typically awarded after years of study and professional development. Therefore, they aren’t likely to apply to you but we have included them for your information.

These include Higher Doctorates like, (Doctor of):

• Civil Law (DCL)
• Divinity (DD)
• Literature/Letters (DLit/DLitt/LitD/LittD)
• Music (DMus/MusD)
• Science (DS/SD/DSc/ScD)

Higher Doctorates are awarded after the review of a portfolio of published and peer-review research that has been completed over a number of years. This type of degree is awarded as a way to recognise and acknowledge esteemed researchers later in their career.

Another type of higher degree is that of an Honorary Degree. This qualification is awarded to celebrate an individual’s achievements within their field. Usually, it is granted by a university and doesn’t require a record of their academic or professional work like a higher doctorate does.

How do you choose the right PhD Level course for you?

As we have outlined, there are many different types of PhD. Choosing the right PhD course for you is extremely important. Not only are they expensive but they require a huge time and energy investment in studying and conducting research. So how do you decide which course to undertake?

Start by evaluating your goals

What is your goal as a result of this qualification? If you are looking for further career advancement and have been practicing in your field already for a few years, then a professional type doctorate is your best choice. However, if you are looking to contribute to your field of study with original and independent research or are pursuing a career in academia, then a standard PhD degree is for you. Perhaps you would prefer more taught sections of a degree to help develop your research skills and develop as an expert, then a professional type degree would be better.

Look at the subject area you are interested in

Is there a specific professional type degree in your field? If so, and your goal is professional development, then a professional type degree is your best choice. This degree not only allows you to conduct research and be taught skills, they often work with companies or in practical settings.

However, if there is no subject specific degree for your field, then a traditional PhD is best for you. This qualification gives you much more freedom of choice of what and where you study. PhD Centre have many PhD services to help you from the application and proposal to the full PhD thesis writing .

When do you want to study a PhD degree?

Are you wanting to study a PhD straight after a Masters degree? Often, a PhD might develop on from your Masters degree research. Therefore, a traditional PhD can be the best option if you are looking to pursue higher level study within a short time span from graduating at masters level. On the other hand, if you are already well established in your career, a professional type degree can help build on your experience and expertise and may not be suitable straight out of postgraduate study.

Final thoughts on the types of PhDs

We are sure there are more PhD degrees out there than you might have first thought. The variety and different types of PhD available provide you with many options and methods of gaining a doctorate in your chosen field. What degree is your best choice?

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AnalyticsDegrees.org

PhD in Business Analytics Programs

On This Page:

You’re a business analytics professional who aspires to become a university professor. You’re thinking of a PhD in Business Analytics , but wondering if it’s worth the effort. Use our PhD guide to evaluate timelines , coursework , and the dissertation process . Compare different types of business analytics doctorates . Learn if your experience matches up to typical admissions requirements . Explore funding options and employment avenues . Find answers to questions on online degrees and FAQ . Or jump ahead to listings of all the PhD in Business Analytics programs in the country.

What Are PhD in Business Analytics Programs?

A PhD in Business Analytics or a closely related field is a specialist doctorate focused on the intersection of original and groundbreaking research in applied statistics, analytics & business studies. It is almost always offered by a School of Business. Doctoral students who choose this pathway:

• Learn how to deploy sophisticated statistical & analytical techniques to address major corporate challenges
• Specialize in making complex, data-driven decisions in specific realms of business (e.g. marketing, finance, operations management, etc.)
• Become business analytics professors at universities and top-level researchers in the private sector

Can You Earn a PhD in Business Analytics?

Yes. Doctoral programs in business analytics exist, but they are academically-focused and research-driven. A PhD in Business Analytics is not a workplace qualification like an MS in Business Analytics or an MS in Data Science or a practical business administration degree like an MBA or DBA . Most PhD programs in our listings are specifically designed to help students become university professors.

Types of Business Analytics Doctorate Programs

Doctoral programs in this field tend to fall into two main categories: Business Analytics or Operations Management (or a combo of the two). Once you’ve highlighted a few programs, you can use the curriculum links in our listings to dig down into the coursework and explore faculty research interests.

PhD in Business Analytics

At the doctoral level, a PhD in Business Analytics has many of the same hallmarks as a PhD in Data Analytics . It will often involve high-level training in areas such as applied statistics, statistical programming, data mining, simulation, data science, optimization, and decision analysis. You’ll be required to apply all of those skills to a specific area of business research (e.g. marketing, economics, finance, operations, management, etc.). See the Dissertation section for examples of projects.

PhD in Operations Management

A PhD in Operations Management (OM) is focused on optimizing business processes from production through to distribution. Think of supply chains, operations planning & control, distribution networks, pricing, and inventory management. Using your skills in business analytics (see above), you could be challenged to develop theoretical models, conduct empirical studies, and run complex data analyses to find ways to improve these interconnected parts.

PhD in Business Information Technology (or Similar)

Some universities also offer “build your own” doctorates with an interdisciplinary feel. You’ll be able to combine coursework from the School of Business and technical departments. With an interdisciplinary doctorate, you can concentrate your research on whatever you please—operations management, information systems, business & data analytics, or even security & privacy.

Note: If none of these programs feel right, consider a PhD in Data Analytics . You may be able to customize your doctorate with corporate coursework (e.g. econometrics) and industry projects with the School of Business.

How Doctorates in Business Analytics Work: Curriculum & Dissertation

Degree structure.

Doctoral students go through 6 key stages to earn a PhD in Business Analytics—you have to finish one stage (e.g. core coursework) before you can progress to the next one (e.g. qualifying exam). On a full-time schedule, the entire doctorate might take 4-5 years.

Core Coursework

Qualifying/comprehensive exam, dissertation proposal, dissertation, dissertation defense.

• Year 1: Core coursework and first-year research papers. Assignment of a faculty mentor.
• Year 2: Core coursework, electives, second-year research papers, and the qualifying exam.
• Year 3: Any remaining coursework. Preparing research projects for publication. Dissertation proposal.
• Year 4: Dissertation work under the guidance of a dissertation advisor and advisory committee.
• Year 5: Dissertation work. Research papers & conference submissions. Dissertation defense.

Sample Curriculum

The first two years of your PhD in Business Analytics will contain a set of mandatory research & business courses. These credits are designed to equip you with all the skill sets you might need for your dissertation . Here are a few samples of real course titles from doctoral programs:

Research Methodology & Technical Skills

• Probability & Statistics
• Linear Algebra
• Applied Stochastic Process
• Multivariate Analysis
• Linear Programming
• Data Structures

Business Concerns

Operations Management

• Management Information Systems
• Microeconomics
• Information Analysis for Managerial Decisions
• Supply Chain Operations and Information

You can see how PhD programs in business analytics draw on high-level coursework from the Departments of Statistics & Computer Science and coursework from the School of Business. The mix will vary depending on the title & focus of the PhD. Visit the curriculum links in our listings to learn more about each program’s unique approach.

In addition to core coursework , your doctorate will almost always contain electives. You’ll be allowed to choose your own subjects and customize your degree to suit your research goals.

At the doctoral level, electives can be super-specialized. Here are a few examples of electives from PhD programs in Business Analytics & Operations Management:

Business Analytics

• Data Structure & Algorithms
• Machine Learning
• Markov Decision Processes
• Artificial Intelligence (AI)
• Game Theory
• Scheduling Theory
• Service Operations

Once you’ve completed your core coursework , you’ll be required to pass a comprehensive exam. The exam is designed to test your knowledge and prepare you for top-tier research projects.

The qualifying exam for a PhD in Business Analytics can take a number of forms. For instance:

• At the University of Cincinnati, the PhD in Operations, Business Analytics, and Information Systems qualifying exam consists of a written exam and a oral presentation.
• At the University of Oregon, the PhD in Operations and Business Analytics qualifying exam involves a test and a second-year paper that must be presented at a departmental seminar series.

After you’ve passed the qualifying exam, you can focus on developing the idea for your dissertation under the supervision of a dissertation advisor/faculty mentor. You may wish to work on a research-based dissertation, which explores new theories & models, or a project-based dissertation, which involves exploring real-life business problems.

You’ll assemble these ideas into a proposal and present your proposal to a dissertation advisory committee. The committee will be composed of experienced faculty members and—occasionally—outside experts.   If the committee accepts your proposal, you can get to work on your dissertation.

A PhD dissertation is defined as a work of original research that makes a significant contribution to the theory & practice of a field. Your goal is break new ground in business analytics—new theories, new practices, and new data-driven approaches. 

Dissertation Titles

Here are a few examples of real-life PhD dissertation titles in business analytics & closely related fields:

• Revenue Maximization Using Product Bundling
• Estimating the Statistics of Operational Loss Through the Analyzation of a Time Series
• Performance Improvement Through Better Understanding of Supply Chain Resilience
• Managing Outsourcing Decisions: Government Policy, Firm Options, and the Economic Impact
• Applications of Revenue Management in Healthcare
• Three Essays on Optimization and Decision-Making Solutions in Retail Operations

In tandem with your dissertation, you may also be writing up research papers to submit to peer-reviewed journals and industry conferences.

The defense is the final stage of your PhD. You’ll be challenged to present your findings to the dissertation advisory committee and defend your research in an oral & visual presentation. The committee will then ask you questions and discuss your work.

If you have a strong dissertation advisor, you’ll be more than ready for the defense! You’ll know your research backwards and forwards and you’ll be prepped to answer likely questions. You can improve your odds even further by observing other student defenses, practicing with mock presentations, and researching the work of committee members.

PhD in Business Analytics: Admissions

Doctorate in business analytics: what it takes to get in.

PhD programs in business analytics are 1) rare; and 2) typically fully funded . That also means they’re extremely competitive! Some Schools of Business may only accept 2-3 candidates per year. Follow the admissions links in our listings to get a sense of the university’s expectations.

Not sure if you have what it takes? Take a moment to:

• Assess your application to see if you can compensate for weak spots (e.g. GPA) with strengths (e.g. research projects, teaching experience, published papers, etc.)
• Make sure that your research interests would be a good fit with the PhD program’s faculty, departments, and facilities (e.g. Operations Research Center)
• Talk to current PhD students and recent alumni about their experiences with admissions, research work, and employment after graduation

Degree Requirements

For a PhD in Business Analytics, universities will want to see candidates who have a degree in business or a related technical discipline (e.g. data analytics, data science, statistics, etc.). The standard GPA requirement is 3.0 GPA or higher.

• Bachelor’s Degree Entry:  A number of schools are willing to consider applicants with a bachelor’s degree. However, they may give preference to candidates with prior graduate-level coursework.
• Master’s Degree Entry:  Some doctoral programs in business analytics are only open to candidates with a master’s degree.

Are you a bachelor’s degree candidate who’s interested in a PhD with a master’s degree entry? Talk to the program coordinator. You may be able to earn a graduate degree at the same university before transferring into the PhD track.

Skills & Proficiencies

A PhD in Business Analytics or a closely related field is a highly technical degree, so universities will often want to see evidence of skills & proficiencies in:

• Calculus and linear algebra
• Computer programming
• Quantitative fields (e.g. maths, statistics, operation research, supply chain management, etc.)

But they will also be looking for skills that all academic professors must have, including:

• Oral & written competencies
• Teaching & research talents

General Requirements

In addition to your academic transcripts, be prepared to submit:

• GRE or GMAT scores
• Letters of recommendation
• Statement of purpose
• TOEFL scores for non-English speaking international applicants

In particular, universities will be looking for candidates with strong quant & analytical scores on the GRE or GMAT.

PhD in Business Analytics: Tuition & Funding

How to fund the phd.

Doctorates in business analytics can be grouped into 2 categories:

• Fully funded PhD programs
• Tuition-driven PhD programs

Fully funded PhD programs are the norm in this field—they’re designed to prepare graduates to become academic professors.

Fully Funded PhD Programs

A fully funded PhD in Business Analytics means that the university pays for your education. They will waive all tuition costs and provide you with a living stipend as compensation for teaching & research activities.

• Assistantships: Most PhD in Business Analytics students work as Teaching Assistants (TAs), Research Assistants (RAs), or course instructors during their studies.
• Scholarships & Fellowships: Some high-potential candidates will also receive additional monetary awards on top of the standard living stipend.

Talk to the PhD program coordinator to learn more about funding packages. You may (or may not) qualify for:

• Conference stipends, travel support, research-related expenses & other perks
• Campus housing
• University health insurance
• Fee waivers
• Summer fellowships & financial support
• Professional membership dues

Most universities will cover funding for Years 1-4 of your degree. With certain PhD programs, Year 5 support will be conditional on strong academic performance.

Tuition-Driven PhD Programs

You’ll occasionally run into a doctoral program in business analytics that is tuition-driven. That means the university expects you to pay for the degree by yourself. A PhD in this category could cost between $50,000-$96,000.

• Be very cautious about this route! If you can’t get into a fully funded PhD program, consider a master’s degree in a relevant field of interest (e.g. MS in Business Analytics ) or a more flexible doctorate.
• You don’t need a PhD in Business Analytics to work in an industry role. It’s only going to be useful if you wish to become a university professor or top-level researcher.

Online PhD in Business Analytics Programs

Can you earn an online phd in business analytics.

Yes—with a caveat. Capitol Technology University offers an Online PhD in Business Analytics and Data Science , but we would classify this more as an “industry” data science degree than an “academic” business analytics doctorate. And you will have to pay for it.

Why Are Online PhD Programs in Business Analytics Hard to Find?

Quality control. Top-tier research universities and high-ranking Schools of Business want to ensure that doctoral students:

• Take full advantage of all of their campus facilities (e.g. research centers, labs, and technical infrastructures)
• Learn how to teach undergraduates in actual classrooms
• Collaborate with faculty, fellow students, and their dissertation advisor on a regular, in-person basis
• Be present for seminars, workshops & networking events with visiting experts

We back them up on this matter. If you’re going to commit to a PhD in a niche topic like business analytics, choose one that is fully funded and on-campus.

Career Prospects for PhD in Business Analytics Graduates

As we mentioned, a PhD in Business Analytics or a closely related field is a super-specialized and research-focused degree. It will prepare you for a couple of roles:

• Assistant Professor or Post-Doc Position: You’ll be teaching business analytics at the university level to undergraduates.
• Senior Research Position: Some niche positions in fields like finance & economics will require top-level research skills (e.g. Senior Statistician).

However, you don’t need a doctorate in business analytics to pursue a senior-level position within the industry:

• Many analytics experts simply have an MS and industry certifications .
• Many managers & CEOs have an MBA or DBA .

PhD Business Analytics FAQ

What should i look for in a business analytics doctoral program.

Start with our program listings . You can use the curriculum & admissions links to evaluate your degree options and create a shortlist of likely candidates. Once you have some names in mind, consider the following factors:

• Funding Package: Almost all PhD programs will be fully funded , but some will have better benefits than others. Ask about perks like health insurance, travel stipends, fellowship awards, and the like.
• School of Business Reputation: A PhD in Business Analytics will almost always be offered by a School of Business. Look for Schools that are AACSB-accredited , nationally ranked, and well-regarded in the academic community.
• Department Reputations: Investigate each department that’s offering PhD coursework & electives. What kinds of research labs & facilities do they have? Are they working on industry partnerships with the School of Business? Are they exploring new frontiers in analytics?
• Faculty Expertise: Faculty profiles will be featured on the PhD program website. These people will be your mentors & advisors, so get to know them. Read through their bios, meet them for a virtual coffee, and learn more about their research interests.
• Career Preparation: What kinds of Teaching Assistantship (TA) opportunities will you be offered? Will you be able to submit your PhD research papers to academic journals? Will you be encouraged to present at major business & analytics conferences?
• Academic Placements: The vast majority of PhD graduates in business analytics will go on to teach in universities. So find out where alumni have ended up. Some PhD programs provide a list of recent academic placements.
• STEM Designation:  International students who wish to work in the States after graduation should check and see if the doctorate is a STEM-designated program . This designation is needed to extend the OPT period for students on an F-1 Visa.

You may also want to look up past winners of the  UPS George D. Smith Prize from INFORMS. This prize is given to an academic department or program that prepares students to be good practitioners of operations research, management science, or analytics.

What is a Doctor of Business Administration (DBA)?

Like a PhD, a Doctor of Business Administration (DBA) is a terminal degree that includes a dissertation. However, the DBA focuses on applied research instead of original research. DBA students use existing practices and theories and apply them to real-world business problems. Examples of DBA offerings include:

• DBA in Business Intelligence
• DBA in Data Analytics
• DBA in Business Analytics

DBA vs. PhD

DBA students tend to be working professionals who want to explore an area of analytics or BI research that can be applied to their current jobs. They’re willing to pay for a 3-year doctorate that may be online or part-time. And they often secure consultancy & leadership positions within their industry.

PhD in Business Analytics students aspire to become academics, professors & top-level researchers. They’re willing to commit to 5 years of rigorous, in-person study and they’re happy to teach undergraduates, publish papers in academic journals, and live in a world of theoretical research.

What is AACSB Accreditation?

The Association to Advance Collegiate Schools of Business International (AACSB) is a global non-profit association that provides specialized accreditation to Schools of Business.

• Schools of Business must go through a stringent assessment process to earn AACSB accreditation. The AACSB evaluates the School’s mission, faculty qualifications, curricula, and ability to provide quality programs.
• You can use the AACSB’s handy tool to search for AACSB-accredited schools and filter by location, delivery, format, and even field (e.g. Operations Management, Data Analytics, etc.).

What is a STEM Doctorate?

A STEM doctorate is typically defined as any PhD that contains at least 50% of coursework in the fields of Science, Technology, Engineering & Mathematics.

• Are you an international student hoping to work in the States? Ask if the PhD has a “STEM designation” from the U.S. Department of Homeland Security (DHS). Students on an F-1 Visa can apply for Optional Practical Training (OPT) after graduation. With a STEM-designated degree, the OPT period can be extended from 12 months to 36 months.
• STEM programs often receive financial support from the government and private industries. That means universities may be able to offer more fully funded PhD programs in STEM fields.

Not all Business Analytics programs are STEM programs! For example, Pitt’s PhD in Business Analytics & Operations contains a lot of business coursework and is classified as a doctorate in Business Administration. Check with the PhD program coordinator before you make a choice.

Is a PhD in Business Analytics Worth It?

Only if it aligns with your career goals in research & academia. A PhD in Business Analytics or a closely related field is an intense, 5-year doctorate that prepares graduates for jobs as university professors & top-level researchers. It’s not designed for professionals who want a practical industry qualification.

Wondering whether to make the leap? Ask recent PhD graduates about their experiences. You’ll find them on LinkedIn, at industry conferences , and within faculty directories on university websites. Be ready to answer questions about your research interests & teaching aspirations. 

All Phd in Business Analytics Programs

University of south alabama.

Mitchell College of Business

Mobile, Alabama

Phd in Business Administration - Business Analytics Concentration

University of delaware.

Lerner School Business & Economics

Newark, Delaware

PhD in Financial Services Analytics (FSAN)

Phd in hospitality business analytics, florida international university.

College of Business

Miami, Florida

PhD in Business Administration - Information Systems and Business Analytics

Georgia state university.

Robinson College of Business

Atlanta, Georgia

PhD in Business Administration & Digital Innovation - Data Science & Analytics

University of illinois at urbana-champaign.

College of Liberal Arts & Sciences

Champaign, Illinois

PhD in Mathematics with a Concentration in Actuarial Science and Risk Analytics

Iowa state university.

Debby and Jerry Ivy College of Business

PhD with a Specialization in Information Systems and Business Analytics

University of iowa.

Tippie College of Business

Iowa City, Iowa

Massachusetts

Bentley university.

McCallum Graduate School of Business

Waltham, Massachusetts

PhD in Business, Concentration in Business Analytics

Cuny bernard m baruch college.

Zicklin School of Business

New York, New York

PhD in Operations & Decision Analytics

University of cincinnati.

Carl H. Lindner College of Business

Cincinnati, Ohio

PhD in Operations, Business Analytics and Information Systems

University of oregon.

Division of Graduate Studies

Eugene, Oregon

PhD in Operations and Business Analytics

Pennsylvania, drexel university.

LeBow College of Business

Philadelphia, Pennsylvania

PhD in Business - Business Analytics Specialization

University of pittsburgh-pittsburgh campus.

Katz Graduate School of Business

Pittsburgh, Pennsylvania

PhD in Business Analytics and Operations

The university of tennessee.

Haslam College of Business

Knoxville, Tennessee

PhD in Business Analytics & Statistics

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• Business Masters Programs

What Are the Different Types of Business Master’s Degrees?

Shannon Cook - BusinessBecause

Shannon Cook is a Writer for BusinessBecause and GMAC Media.

If you’re an early-career professional and want to enhance your business knowledge, build your network, and stand out to employers, pre-experience business master’s programs are the perfect option.

But with multiple business master’s programs available, including generalist and specialized masters degrees, it can be difficult to identify which program is most suitable for you.

So, what are the different types of pre-experience business master’s degrees?

Types of business master’s programs

Master in management.

A Master in Management (MiM)  provides a thorough grounding in business and managerial topics through a mixture of theoretical and experiential learning.

“Corporations seek professionals with a deep understanding of business fundamentals, and a Master’s in Management is a great next step for many,” says Susan Berishaj, founder of Sia Admissions Consulting.

As a result, the in-demand MiM degree is perfect for those who want to graduate with various career options across industries like consulting, finance, and technology.

Master of Marketing

A Master of Marketing  degree is for those looking to build their skills and knowledge of marketing principles like strategy and branding. With this subject-specific knowledge, you can expect to land roles in sales, advertising, or brand management.

Many of the top Master of Marketing programs are found in Europe at business schools like HEC Paris , but Ivy League giant Columbia Business School also offers a marketing master’s degree.

Master of Finance

During a Master of Finance , students gain an in-depth knowledge of financial fundamentals and are prepared for high-flying finance careers .

“This is a degree that will continue to remain in demand because of its cross-industry relevance,” says Susan from Sia Admissions.

Many of the top business schools for Master of Finance degrees are located in Europe or the US . To gain a Master of Finance degree at a top institution like London Business School , however, you may need to have work experience in finance to apply.

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Master of Accounting

The Master of Accounting (MAcc ) is geared towards those wanting to gain more accounting experience and knowledge that would allow them to become a Certified Public Accountant (CPA), chartered accountant, auditor, or corporate controller.

Master of Accounting programs offer courses in forensic accounting, auditing, and advanced managerial accounting.

Master of Business Analytics

The Master of Business Analytics (MBAn) , or the Master of Data Analytics, is geared towards those wanting to learn how to leverage data-driven decision making to solve business challenges across industries like insurance, health care, banking, and consumer products. 

“In a world of reports and numbers, employers are looking for candidates that can analyze and make decisions based on data,” notes Jenifer Turtschanow, CEO of ARINGO MBA Admissions.

Master of Supply Chain Management

If you’re interested in solving the challenges facing company supply chains, then the specialist Master of Supply Chain Management (MSCM)  degree is for you.

MSCM programs provide a deep dive into supply chain operation, considering technology, strategy, and analysis methods. Like many pre-experience master’s degrees, you won’t typically need experience in the field, but you may need to complete prerequisite courses.

Master of Information Technology

Want to gain specialist knowledge of information technology? The Master of Information Technology , or Master of Business Information Technology, could be your best choice.

During a Master of Information Technology, you’ll learn about database theory and application and cybersecurity, preparing you for jobs like project manager and IT consultant.

Generalist vs specialized master’s?

Generalist master’s programs, such as the Master in Management, offer a broad overview of business fundamentals and help prepare you to enter a range of managerial careers.

These degrees help “students acquire transferable skills and hands-on learning experience that helps them understand the complexities of business,” says Susan from Sia Admissions.

The MiM is different from an MBA , which is also a generalist master’s degree, as it’s designed for students who have less than two years of work experience, while an MBA typically caters for those with four or more years work experience.

Specialized master’s programs provide a deep dive into a specific business area or industry. Many specialized programs don’t require experience within the specialized field, so they’re a great option for those wanting to learn subject-specific knowledge and eventually pursue a career within a certain area.

Whether you choose a generalist or specialized master’s, “pre-experience business master’s degrees are a fantastic way to skip entry-level roles and gain positions such as analyst, advisor, supervisor, or even manager,” explains Jenifer from ARINGO.

How to choose the right master’s degree for you

A more generalist degree in management is suitable for you if you’d like to enter careers across a broad range of business sectors or if you don’t yet have a clear career plan .

However, if you’d prefer to learn more technical skills to apply to a specific job function, you might opt for a specialized master’s degree.

“Before an applicant chooses the type of program to apply to, they should define their goals, determine the technical requirements of their desired post-degree role, and the elements they need to succeed in the function they aspire to have,” suggests Susan from Sia Admissions.

There are also other factors to consider. “Research the program’s relationships with employers, how many courses will have live action labs or case studies with partnering companies that recruit from the program, which companies are typically on campus most often, and their placement rates,” advises Jenifer from ARINGO.

Whatever degree you select, rest assured that you’ll gain access to career support, employers, and opportunities to internship at top firms—all of which will boost your employability prospects in a competitive business landscape.

Our free guide,  Finding Your Best Program: A Guide for Undergrads,  gives you the expert tips and guidance you need to confidently narrow your options and identify the programs that make the most sense for your needs, preferences, and career goals.

Shannon Cook is a Writer for  BusinessBecause  and GMAC Media. She is responsible for writing and managing sponsored and non-sponsored editorial content relating to the business school journey, as well as covering the latest business news trends. She also heads up the video series, building brand awareness of BusinessBecause across social media channels and the website.

Shannon earned a BA in English Literature with Legal Studies from the University of Sussex and an MA in International Journalism from the University of Leeds.

RIT graduate pursues Ph.D. across time zones

Nastaran Nagshineh, center, defended her Ph.D. thesis at RIT in April. Faculty from RIT’s Rochester and Dubai campuses served on her thesis committee and include, from left to right, Kathleen Lamkin-Kennard, Steven Weinstein, Nathaniel Barlow, and David Kofke (a professor at the University at Buffalo). Mohamed Samaha participated remotely and appears on the video screen behind the group and alongside Nagshineh’s picture.

Nastaran Nagshineh is one of the first Ph.D. candidates to bridge RIT’s Rochester and Dubai campuses. Her accomplishment creates a path for future students at the university’s international campuses.

Nagshineh completed her Ph.D. in mathematical modeling while working full time as a mathematics lecturer at RIT Dubai in the United Arab Emirates, teaching as many as five classes a semester. She described her Ph.D. journey as “an exercise in perseverance” due to competing demands and long days. Rochester is eight hours behind Dubai, and the time difference meant many late-night classes and meetings.

“I saw this collaboration as an opportunity, rather than as a challenge, because my primary adviser, Dr. Steven Weinstein (RIT professor of chemical engineering), and my co-adviser, Dr. Mohamed Samaha (RIT Dubai associate professor of mechanical engineering), both have the same area of research interest,” she said. “They both worked toward my success.”

Nagshineh is one of 67 RIT Ph.D. students who defended their thesis this academic year and who will earn their doctorate. RIT awarded 63 Ph.D. degrees in 2023.

In 2020-2021, RIT’s Graduate School met and surpassed the university’s goal of conferring 50 Ph.D. degrees during an academic year. That number will continue to grow as students cycle through the seven new Ph.D. programs that RIT has added since 2017, said Diane Slusarski , dean of RIT’s Graduate School.

Meeting these goals puts RIT on a path toward achieving an “R1,” or research-intensive designation, from the Carnegie Classification of Institutions of Higher Learning. RIT is currently ranked as an R2 institution . Many factors go into changing a university’s status, including research investment and maintaining a three-year average of 70 Ph.D. degrees awarded per year, according to Slusarski.

“We have met the goals of the strategic plan, and now we look forward to contributing to the research innovation in the future,” Slusarski said. “We want to help the new programs thrive and win national research awards.”

RIT’s emphasis on high-level research is seen in Nagshineh’s Ph.D. work. She applies mathematical modeling to the field of fluid dynamics. Her research has been published in top-tier journals and has gained notice, said Weinstein, her thesis adviser.

Weinstein describes Nagshineh’s accomplishments as “a testament to a fantastic work ethic and commitment” and is inspirational to younger students at Rochester and Dubai.

“The collaboration between RIT Dubai/Rochester has continued,” he said. “Another paper was submitted a few weeks ago with Mohamed Samaha and Nate Barlow (RIT associate professor in the School of Mathematics and Statistics) as co-authors, as well as Cade Reinberger, a younger Ph.D. student in my research group.”

Mathematical modeling is one of RIT’s newer Ph.D. degree programs, and Nagshineh is among its earliest graduates. The program has doubled in size since it began accepting students in 2017, Slusarski said. This past fall, the mathematical modeling program had 35 students, with two graduating this year.

Altogether, RIT has 13 Ph.D. degree programs currently enrolling 438 students, with computing and information sciences accounting for the largest with 117 students. RIT’s other Ph.D. programs include astrophysical sciences and technology , biomedical and chemical engineering , business administration , color science , electrical and computer engineering, imaging science , mechanical and industrial engineering , microsystems engineering , and sustainability .

New programs in cognitive science and physics will launch in the fall.

The growth in RIT graduate education—with more than 3,000 master’s and doctoral students—reflects a demographic change in the student population, Slusarski said. “We have a higher percentage of women in the graduate programs than we have for RIT undergraduate programs.”

RIT’s graduate programs enroll 42 percent women, according to Christie Leone , assistant dean for the Graduate School.

Nagshineh, who also holds an MS in electrical engineering from RIT Dubai, welcomes her role as a mentor to other women students on both campuses.

“As a young woman in an Arabic country, the power of women is often underestimated and undervalued, and I hope to serve as a role model to female students, especially those that question their path,” Nagshineh said.

She plans to continue in her career as a professor and a researcher. “I would like to pursue a research program where I can advise my own students and teach them more deeply.”

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Discover Student Loans is a solid student loan lender with a cash reward for borrowers who receive at least a 3.0 GPA. The lender has no fees — but you can find more competitive APRs with the best private student loans . 

0.25% discount on regular rates with automatic payments

6.49% - 17.37% variable and 5.24% - 15.99% fixed

Undisclosed

• Check mark icon A check mark. It indicates a confirmation of your intended interaction. No origination fee
• Check mark icon A check mark. It indicates a confirmation of your intended interaction. No prepayment penalty
• Check mark icon A check mark. It indicates a confirmation of your intended interaction. No late fee
• Check mark icon A check mark. It indicates a confirmation of your intended interaction. Cash reward for 3.0 GPA
• Check mark icon A check mark. It indicates a confirmation of your intended interaction. International students eligible with an eligible cosigner
• con icon Two crossed lines that form an 'X'. Credit check required
• con icon Two crossed lines that form an 'X'. One standard repayment term
• con icon Two crossed lines that form an 'X'. High APR
• con icon Two crossed lines that form an 'X'. Only one branch location

Discover is a solid student loan lender with a cash reward for borrowers who receive at least a 3.0 GPA. The lender has no fees — but you can find more competitive APRs elsewhere.

• Apply by phone or through your computer or mobile device
• 100% US-based customer service available 24/7
• $1,000 loan minimum
• 15 years standard repayment term length
• Loan amounts available: $1,000 minimum, up to 100% cost of attendance
• Repayment options available:
• Deferred: No payments for up to six months after leaving school
• Interest only: Only make payments on the loan's interest while in school and during grace period
• Fixed payments: Pay $25 per month while in school and during grace period

Discover Student Loans

To qualify for a Discover Student loan, you must:

• Be enrolled at least half-time in a program (undergraduate, graduate, law school, MBA, health program) at an eligible school
• Be pursuing a degree
• Be making adequate academic progress as determined by your school
• Be a US citizen, permanent resident, or international student (international students need to have a cosigner who is a US citizen or permanent resident)
• Be 16 years or older when you apply
• Pass a credit check

Before applying for any private student loan, including with Discover, make sure to consider your federal student loan options, as you can often find more favorable terms and better protections through the government.

To contact customer support, call the lender 24 hours a day, seven days a week. The company has both a US number and an international number. If calling isn't the best work for you, you can also send mail to Discover's Utah address. 

Discover has a well-reviewed app that has received 4.8 out of 5 stars on the Apple store and 4.6 out of  5 stars on the Google Play store. If you want to manage your loan on the go, this could be helpful. 

Discover Student Loan Pros and Cons

• Cash reward for good grades . You may qualify for Discover's one-time 1% cash reward on its student loans if you get a GPA of 3.0 or higher for any academic term covered by the loan. You'll need to redeem your reward within six months after the loan's disbursement or six months after the academic term has ended, whichever is later.  
• No origination fee . Other lenders charge origination fees which are deducted from your overall loan proceeds. 
• No late fees . If you fall behind on your payments, Discover won't hit you with any unexpected charges. 
• Relatively high APRs compared to competitors . You may qualify for lower rates if you pick a different lender and your credit score is in excellent shape.
• Only one term length for undergraduate and graduate loans . When you take out a loan with Discover, you'll get a 15-year term length. This limits your flexibility in how you repay the loan — though you can always pay it off early with no penalty. 
• One physical branch . Borrowers looking for in person support will be hard pressed to find it with Discover. 

Who Is Discover Best For?

Discover student loans are a great option for borrowers looking to avoid fees — you won't pay any with the company. Additionally, the lender has 24/7 support if you have any questions about your loans.

However, borrowers with excellent credit may find better rates elsewhere. 

1. Gather required information . This includes your Social Security number, your school of enrollment, the loan amount you need, your address, and certain financial documents.

2. Fill out the online application . You're apply to complete the application in just several minutes, and after doing so you'll get your rates. 

3. Submit required supplementary documents . Discover may need to see financial documents including proof of income and residency. 

4.  Sign your loan agreement . After you get all your documents in order, Discover will send you a formal loan agreement. Discover will fund your loan after you sign on the dotted line. 

Discover offers student loans for a variety of different types of degrees, including:

• Undergraduate
• Health professions

Discover Undergraduate Student Loans

You may like Discover's undergraduate student loans if you want to avoid fees, as the lender doesn't have any prepayment penalties, origination fees, or late charges. However, you may be able to find lower fixed rates with competitors.

You might be eligible for a one-time 1% cash reward available on Discover student loans if you get a GPA of 3.0 or higher for any academic term covered by the loan. You'll need to redeem your reward within six months after the loan's disbursement or six months after the academic term has ended, whichever is later.  

Discover Graduate Student Loans

Discover's graduate student loans function similarly to the lender's undergraduate loans. The major difference between the two is the repayment term length; the graduate loans are for 20 years, while the undergraduate loans are for 15 years. You'll still get a loan with no fees and will be eligible for Discover's one-time 1% cash reward on its student loans.

Yes, Discover offers student loans at competitive rates and has around the clock customer service for any questions you have.

Discover does not disclose the minimum credit score it will consider for student loans.

You can borrow up to 100% of the cost of attendance. 

While there is always a possibility the company could decide to forgive student loans, the chances are extremely slim. No private loans will likely be forgiven. 

The Better Business Bureau rates Discover with an A+ grade , indicating that the BBB has determined that the is company honest in how it handles business, responds effectively to consumer complaints, and is truthful in its advertising. 

Discover Student Loans Competitors

Compare Discover Student Loans against the competition.

Discover Student Loans vs. College Ave Student Loans

You can get a lower minimum APR on your loan with College Ave than with Discover, so if your credit is in good shape, College Ave might be the better choice. 

College Ave has a quicker application process than Discover, as you can get a rate in a few minutes with College Ave, and it will take roughly 15 minutes with Discover. This may not be a dealbreaker, but if you want to speedily compare multiple rates, College Ave could be a better place to start. 

Discover student loans offer a unique perk that College Ave does not. Discover has a one-time 1% cash reward on its student loans if you achieve a GPA of 3.0 or higher during any academic term covered by the loan. You have to redeem your reward within six months after your loan is disbursed or six months after your academic term is over, whichever is later.  

You won't pay any origination fees, prepayment penalties, or late fees with either company.

College Ave Student Loans Review

Discover Student Loans vs. Ascent Student Loans 

Ascent has five repayment terms available with co-signed loans, five, seven, 10, 12, or 15 years. Discover has only one standard term available, 15 years. 

You may be eligible for a 1% cash reward with Ascent and Discover. Neither company charges origination fees or prepayment penalties, but Ascent may charge a late fee while Discover does not. 

Ascent Student Loans Review

Why you should trust us: How we rated Discover student loans

We rate all student loan products in our reviews and guides on a 1-5 scale. The overall rating is a weighted average that takes into account seven different categories, some of which are judged more heavily than others. They are:

• Interest rate (20% of rating)
• Fees (20% of rating)
• Term lengths (15% of rating)
• Repayment options while in school (15% of rating)
• Borrower accessibility (15% of rating)
• Customer support (7.5% of rating)
• Ethics (7.5% of rating)

Each category's weighting is determined based on its importance to your borrowing experience. Rates and fees have the most significant impact on the total cost of your loan, so we weigh those the most heavily. Customer support and ethics are still crucial parts of the borrowing experience, but do not directly tie to a student loan's terms, so they have less of an impact on the overall rating.

When considering whether or not Discover is right for you, consider its additional product lines:

• Best Discover Credit Cards
• Discover Personal Loan Review
• Discover Bank Review
• Discover Savings Account Review
• Discover CD Rates
• Discover Home Loans Review

Editorial Note: Any opinions, analyses, reviews, or recommendations expressed in this article are the author’s alone, and have not been reviewed, approved, or otherwise endorsed by any card issuer. Read our editorial standards .

Please note: While the offers mentioned above are accurate at the time of publication, they're subject to change at any time and may have changed, or may no longer be available.

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