The doctorate of Business is a very important certification that can define your career path. Moreover, completing these programs can be very challenging and takes quite a few years. Hence, it is very essential to select the right option to pave your career pathway correctly.
The two major business doctorate programs are the Doctorate in Business Administration and PhD in Business. The debate on DBA vs. PhD in business is ongoing. Though the choice majorly depends on one’s career goals, there are some major advantages of a DBA over a PhD. In this article, we will decode the benefits that a Doctorate in Business Administration offers. Read along to learn more.
Five Reasons To Choose DBA Over PhD in Business
There is no doubt that both degrees are equally important and valuable, especially if you are pursuing the course from renowned and accredited institutions like Edgewood College. However, preferences are based on various other factors like time, cost, job types, etc. Here, we will look at the five compelling reasons to opt for a DBA.
Provides Practical And Theoretical Knowledge
PhD is more focused on providing extensive theoretical knowledge, but there is a lack of practical application, so you only gain bookish knowledge. However, the other Doctorate business degree properly blends theoretical and practical knowledge. Hence, you receive more holistic knowledge in this case. Moreover, the job opportunities in the latter case are more varied and profitable.
Offers More Lucrative Job Opportunities
In the case of PhD, academic training and development are some of the career options for you. Here, you will be preparing the business leaders for tomorrow. However, this course will not enable you to collaborate with companies. Rather, the DBA curriculum provides adequate skills for you to partner with top companies and join hands in elevating their standards through analysis and decision-making. Hence, the latter offers better compensation packages than the former.
More Flexible And Convenient
PhD is a three to five-year course, and a DBA is three to six years. However, the difference lies in the fact that a PhD is a far more rigorous course, whereas a DBA is a more flexible and time-effective one. As the DBA is more practical-oriented, you can complete the coursework at your convenience. But this is a chance you do not receive with PhD courses.
Better Salary Packages
As the Doctorate business admin course enables you to soar high with your performance, you get more and more handsomely paid. For instance, the higher and more crucial projects you take up and perform desirably, the better you get paid. However, this is not the scenario with a PhD since this has a more theory-oriented approach. Hence, if you are seeking proper career growth, then DBA is certainly your option.
Develop Skills For Higher Projects
The curriculum of the Business doctorate in management is arranged to provide enrollers with the right kind of knowledge and skills. In other words, the practical application of the program helps the students learn how to tackle real-world issues. Moreover, they are even made to work with expert professionals for more enhanced learning. However, in a PhD, you are only trained to achieve theoretical excellence.
Conclusion
Indeed, a DBA is, in some cases, better than a PhD. However, this does not mean that PhD is not significant. In a broader overview, the choice should be made based on career preferences since both degrees are significant.
FAQs
1. What is the difference between a DBA and a PhD
Though both are doctorate courses, there is a distinct difference in their curriculum. The DBA has an application-oriented approach, while the PhD is more theoretical.
2. What is the best career pathway for both?
In the case of DBA, you can partner with companies to become business analysts, C-Suite officers, etc. With a PhD, you can opt to be an educator or professor to impart your knowledge.
