Unlocking a world of leadership opportunities, a Doctorate in Business Administration (DBA) is becoming increasingly popular among ambitious professionals looking to elevate their careers. In 2024, the significance of obtaining a DBA degree must be balanced.
This article covers the online DBA programs, explores the critical areas of study, sheds light on the top accredited schools offering online DBAs, and outlines the invaluable benefits of pursuing this advanced degree.
Why Get a DBA in 2024?
In the coming years, the business world is expected to experience growth in using data to make better decisions, incorporating artificial intelligence into everyday operations, focusing more on sustainable practices, and embracing virtual work setups. A Database Administrator (DBA) is crucial in helping business leaders navigate and adapt to these upcoming trends.
Reasons to get a DBA in 2024:
- Career advancement: A DBA boosts credibility and opens senior leadership roles
- Higher salary: Graduates holding a DBA and serving in executive roles earn over ₹74 lakhs per year
- Skill development: DBAs build valued skills like data analysis, research, and critical thinking
Duration and Format
Online DBA programs typically take about 2 years to finish. The online format is flexible, so working people can manage their jobs while studying.
DBAs offer:
- 100% online course delivery
- Self-paced learning with flexible schedules
- No need to attend campus classes
- Assessments based on assignments, no exams
- Study materials, lectures, and support available online
Accreditation
When choosing an online DBA program, it’s important to consider accreditation. Look for programs that reputable organisations accredit.
- ACBSP – Accreditation Council for Business Schools
- IACBE – International Accreditation Council for Business Education
- AACSB – Association to Advance Collegiate Schools of Business
Good schools have high standards for teaching and helping students. This means that graduates from good schools have more chances to get a great job.
Top Online DBA Schools
Here are two top accredited providers of online DBAs in 2024:
Edgewood College
An independent liberal arts college in Wisconsin, Edgewood offers an affordable online DBA. The academy is accredited regionally by the Higher Learning Commission.
Unique features:
- Strong focus on analytical and problem-solving skills for business
- Option of a specialised concentration
- Complete in 2 years with flexible pacing
- Dissertation guided by faculty tutors
- Graduation ceremony at campus after program completion
Aspen University
As a fully online university, Aspen has campuses in Denver, Colorado, and Phoenix, Arizona. The DEAC accredits its DBA program.
Why choose Aspen:
- Competency-based curriculum aligned to doctoral skills
- Customisable pace featuring monthly starts
- Matching with a dissertation coach and tutor
- Project-based assessments rather than exams
- Emphasis on research skills
What Will You Study?
A DBA curriculum combines business strategy with training in research methods. Typical courses include:
- Organisational Leadership: Leading teams, managing change
- Business Ethics: CSR, sustainability in business decisions
- Financial Decision Making: Data analysis for planning
- Global Strategy: Supply chains, virtual collaboration
- Research Methods: Data analysis, methodology
Doctor of Business Administration (DBA) programs require students to complete a dissertation project. This project involves conducting original business research to solve a challenging problem and presenting the solutions to the faculty.
Skills You Will Gain
By graduating with a DBA, you will be able to:
- Lead business initiatives with credibility and influence
- Make data-driven decisions using analysis tools
- Conduct independent research to guide strategy
- Authoritatively guide organisational growth and innovation
- Solve complex challenges in global business ecosystems
- Teach business principles and research methods
Conclusion
A DBA opens up senior leadership pathways in business and boosts salary potential beyond six figures. With accredited online providers making these advanced qualifications more accessible, 2024 is an opportune time for professionals to enrol. The mix of skills gained will be vital for shaping ethical, sustainable, and digitally-driven business practices.
