Is a doctorate in business administration worth it for working professionals?
Similar to the highest-level academic degrees, a DBA is a terminal degree in the professional field that recognizes professional doctorates for their high level of accomplishments in their professional field. A Doctorate in Business Administration is a professional degree program that shares similar doctoral research methods and pedagogy with the only difference in the commitment to the number of years in conducting the doctoral research. If you are wondering if a DBA degree is a worthy investment particularly for working professionals given they have years of working experience and may even continue to do well in the coming future, the answer is yes. A DBA Degree is a definitely worthy step every ambitious professional might as well consider taking up.
In today's competitive business landscape, where young and thriving minds are routing through the complexities with advanced and dynamic skills, a DBA degree for working professionals comes as the right trajectory for achieving advanced goals and career objectives. In this blog let us find out the nitty-gritty of pursuing a DBA program and find out how it adds feathers to your cap as a thriving business professional.
A brief description of what is a DBA Program
A DBA program is designed and developed with the working professionals in mind, particularly to help those professionals desiring to advance their careers without halting or compromising their job commitment. A DBA program would therefore ideally be flexible in terms of scheduling allowing it to fit into the daily schedule of the doctoral candidates. A major part of a doctorate in business administration program is conducting thorough research and developing a novel business idea that will bring about positive contribution and impact in the field of business. A dissertation takes up the major part. While traditional doctorate degrees like a PhD focus on research oriented towards the development of theories, addressing theoretical gaps and the gaps in the existing body of knowledge, a DBA degree focuses on real-world issues concerning organizational and business problems. Both degrees require intensive research and the production of novel ideas, the difference lies in which areas they are catering to. PhD degree is oriented towards academics and DBA degree is towards business by building on business leadership skills and policy-making acumen.
The DBA program came about to cater to the industrial demand and emerging need for expert managers and professionals at the senior level and to provide professionals with the official acknowledgement of their extensive business skills and knowledge. Ideally, it can be pursued after an MBA. The doctorate in business administration degree course focuses on acquiring and researching knowledge-based latest business theories and research pertaining to business, as such it also requires several years of experience in the field.
A DBA candidate is required to complete a dissertation to be awarded the degree. The dissertation brings out the candidate's knowledge, and skills and applies them to real-world problems. By researching, developing a novel dissertation and defending it, the DBA candidates demonstrate their mastery of the business course they have undertaken and the capacity to conduct original research independently, which will contribute to the growth of the business industry.
Value of DBA degree for working Professional
Is it worth it for working professionals to pursue a DBA degree? The value and worth of a DBA degree for working professionals is without a question, worthy of every investment made. With the field of business growing rapidly in a highly globalized environment, possessing a high-level degree is definitely worthy and valuable. A DBA degree for working professionals translates into several benefits.
From developing advanced business knowledge and skills to making them highly marketable in the business market that is marked by stiff competition, attaining a Doctorate in Business Administration is a rewarding prospect. A DBA degree for working professionals would mean higher salaries and landing professional positions in leadership and top-executive roles. They have the skills and the knowledge to conduct independent research and contribute business knowledge with novel ideas.
A Doctorate in Business Administration is the ideal way to achieve excellence in skills and the roles business managers play and make an even higher impact on their organizations. Hence a DBA degree for working professionals is valuable and will give cutting-edge advantages to business professionals.
How to Pursue a DBA Program?
The Doctorate in Business Administration program is provided by numerous business schools and universities and each of the institutes has its own schedule and program structure. Hence, the time and schedule will also differ. Prospective candidates need to check out and do thorough research on the timing, program offerings etc to start their DBA program journey. While there may be different structures there are some underlying principles that every DBA program must have.
Candidates for a DBA program must have a master's degree in management, Business, Administration and a relevant field. An MBA is also an ideal qualification. They are required to have at least 5 years of working experience in any organization whether in public, private, profit/ Non-profit, Corporate organizations or even startups.
The DBA program also has various specializations to allow professionals with different specialties to pursue this cardinal degree. Candidates may choose from a variety of specializations including - Finance , Business Management, Human Resource Management, Marketing,etc.
For professionals with a dream to make it big in the field of business administration, a doctorate in business administration is a worthy investment that will reward you in numerous ways.
