how to pursue phd after mba

Is it Possible to Get My PhD After My MBA?

In academia, numerous accomplishments can be achieved. You can earn a dual degree and have expertise in multiple fields, or further your career potential by going back to school . But what about progressing from an MBA to a PhD? 

In regards to higher education, many consider earning a PhD, or doctorate degree, the pinnacle of success. Usually, due to passion for a particular industry or subject, a PhD candidate will spend years of rigorous research to unpack its intricacies and become a leading expert in the field.  At the end of their studies, they are able to finally see their work come to fruition when they receive their doctorate and join alongside other scholars. However, is it typical for an MBA graduate to move onto pursuing their PhD? And is there a specific purpose? Are there different types of PhD programs? What is the difference between a PhD and DBA?

To answer the budding question: yes, you can pursue your PhD after earning your MBA, and choosing to earn a doctorate is entirely up to you and your aspirations. To help you better understand if getting a PhD is the right choice, we look at the path an MBA graduate can take to earn their PhD, one of the higher purposes of a doctorate, and the different types of academic programs. 

What is a PhD, and What is it Used For? 

By definition, a PhD is a Doctor of Philosophy in a particular discipline, which is why it's also referred to as a doctorate. This focus is typically for individuals highly passionate about a specific subject matter, driven by the pursuit to understand it better through rigorous research. A majority of students seeking their PhD are eager researchers, although there are always exceptions, and each carries out years of highly intensive research to conclude their original thesis and earn their doctorate. 

In terms of translating your education into a career, a doctorate can be used in a plethora of fields, especially if one’s thesis is around a wider subject matter and can be a discipline applied to various industries (take organizational development, for example). For those who are passionate about a career in research, a doctoral degree is a perfect fit. Possibly the most popular field for those with a doctorate is a fruitful career in academia, teaching their subject matter to others interested in the same area. Many graduates become faculty members at business schools upon completing their PhD and provide their expertise to their students. Regardless of which industry you choose, you can be assured that a PhD will provide you with numerous opportunities. 

How Long Does it Take to Progress from an MBA to PhD?

The timeframe for earning your PhD can vary depending on program and location. Many countries have varying timelines of how long the completion of a doctoral program will take. In the United States, the average is around 4-5 years of completion after receiving your Master of Business Administration. 

Do You Need an MBA to Get a PhD?

To be accepted into a doctoral program, you must have a master’s degree. It does not have to be a Master of Business Administration, but it does need to be a master’s of some form. Depending on your area of specialization, it could be advantageous to earn your MBA in pursuit of a PhD if you are planning to embark on a career in business upon completion of your doctorate. Additionally, one important aspect to consider is the program itself. It is important to look into a program’s requirements before applying to meet the eligibility criteria. 

The Difference Between a DBA and a PhD 

For those specifically interested in a career in business, a Doctor of Business Administration (DBA) is a highly beneficial doctoral program. A DBA focuses on a broader spectrum of business disciplines, dedicating research toward multiple corporate facets, and practical implementation. On the contrary, a PhD narrows into a specific area of discipline and research, emphasizing theory, and it’s potential implications. While both are heavily centered around research and implementation, a DBA sets business executives and leaders on a path to discover new possibilities for their organizations and businesses. In a way, it allows established business professionals to “trailblaze” the way for new and innovative ideas that can disrupt the market and set a precedent for the future of business.

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At Pepperdine Graziadio, we proudly offer degrees to accommodate business professionals at any stage of their lives and careers. Our full and part-time MBA programs are designed to prepare candidates for a successful career in values-based business leadership. All of our MBA programs offer a personalized learning approach executed by our world-class faculty. Each program is characterized by its top-ranked business curriculum that can be coupled with an academic concentration. 

Our Executive Doctor of Business Administration (DBA) program has been carefully designed for the tenured business leader looking to drive groundbreaking innovations. This rigorous program allows candidates to gain in-depth knowledge and finetune their expertise through applied research. Also, executives enjoy learning alongside changemakers in various industries and participating in exclusive opportunities available only to DBA candidates.

Learn more about which programs fit your career aspirations and academic interests.

Learn more about how to achieve your career goals with a degree from Pepperdine Graziadio Business School.

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Why a Doctorate in Business Administration Is Becoming More Valuable

Sponsor content from upGrad.

At the turn of the 20th century, the world was industrializing at a rapid pace. Businesses were growing larger and more complex, with more employees working in more diversified divisions spread across more geographical boundaries.

As a result, demand grew for people who had special training in managing the general operations of a business, which led to the creation and proliferation of the Master of Business Administration (MBA) degree.

More than 100 years later, MBAs have become a commodity that no longer serve organizations’ core needs.

In today’s age of data and information, knowledge has become the most valuable resource. Companies don’t necessarily need more general managers who can assess broad patterns across multiple industries—they need people with deep expertise in specific domains who can analyze data and generate unique insights that lead to better business decisions.

That’s why Doctorate in Business Administration (DBA) holders are becoming increasingly valuable in the modern workplace.

DBA is a professional degree representing the highest level of qualification in management. In contrast to an MBA, it takes students on a different path toward acquiring and using business knowledge.

For an MBA, students spend two years taking a broad range of practical courses to learn about several pillars of business—such as accounting, finance, marketing, leadership, operations, strategy, and ethics—to help them become effective leaders across many industries.

By contrast, DBAs spend up to two years studying academic literature across several domains and up to two additional years designing and executing an original research project: a dissertation focused on one domain. The primary goal of a DBA is to produce scholarly individuals who have deep expertise in a field of management.

When seeking executive-level positions, DBAs’ “Dr.” titles are likely to help them stand out from their peers. DBAs can also pursue high-level positions in areas such as consulting by becoming subject-matter experts—or maintain ties with academia as full-time or adjunct professors.

DBAs’ training gives them diverse career options. The academic literature they read gives them expertise in understanding management theories that can help them analyze real-world situations and differentiate the signal from the noise. A DBA specializing in innovation can assess whether newcomers to a market pose a credible threat as a disruptive innovation to an existing company.

Students then learn advanced scientific techniques in quantitative and/or qualitative methodologies, which trains them in analyzing data to generate valid inferences that their organizations can use for decision-making purposes. Rather than relying on gut feel and graphs, DBAs can use powerful techniques such as sampling data to reduce bias, using statistical regressions to identify the strongest factors that influence an outcome, or designing an experiment to gain 100% certainty over the causal relationship between variables.

Finally, DBAs combine their business knowledge with analytical skills to design and execute original research studies, making them the world’s leading experts in particular domains.

DBAs also stand out because they represent only 2% of all people who hold higher degrees in business. In 2021, more than 250,000 students graduated with MBAs or specialist degrees in business; only 5,000 graduated with doctorates.

While a DBA may represent an attractive option that can be highly valuable to organizations today, they are not necessarily recommended for everyone.

To help you determine whether a DBA is right for you, the most important question to ask yourself centers on whether you’re satisfied with the tools and frameworks you use to analyze data and information to make important business decisions. If you’ve ever found yourself wondering where these frameworks come from—or whether there might be a better way to make decisions—consider applying to a DBA program. These programs are designed to channel deep intellectual interests and passions toward producing business knowledge that’s both theoretically novel and practically relevant.

DBA training may help you develop deeper knowledge than an MBA program will while opening doors to more ambitious careers in industry or academia. While MBA degrees are designed to meet the needs of 20th-century businesses, DBAs can help meet the needs of organizations today—and well into the future.

Learn more about how earning a DBA can help you step up your career.

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PhD Programs

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Students in our PhD programs are encouraged from day one to think of this experience as their first job in business academia—a training ground for a challenging and rewarding career generating rigorous, relevant research that influences practice.

Our doctoral students work with faculty and access resources throughout HBS and Harvard University. The PhD program curriculum requires coursework at HBS and other Harvard discipline departments, and with HBS and Harvard faculty on advisory committees. Faculty throughout Harvard guide the programs through their participation on advisory committees.

How do I know which program is right for me?

There are many paths, but we are one HBS. Our PhD students draw on diverse personal and professional backgrounds to pursue an ever-expanding range of research topics. Explore more here about each program’s requirements & curriculum, read student profiles for each discipline as well as student research , and placement information.

The PhD in Business Administration grounds students in the disciplinary theories and research methods that form the foundation of an academic career. Jointly administered by HBS and GSAS, the program has four areas of study: Accounting and Management , Marketing , Strategy , and Technology and Operations Management . All areas of study involve roughly two years of coursework culminating in a field exam. The remaining years of the program are spent conducting independent research, working on co-authored publications, and writing the dissertation. Students join these programs from a wide range of backgrounds, from consulting to engineering. Many applicants possess liberal arts degrees, as there is not a requirement to possess a business degree before joining the program

The PhD in Business Economics provides students the opportunity to study in both Harvard’s world-class Economics Department and Harvard Business School. Throughout the program, coursework includes exploration of microeconomic theory, macroeconomic theory, probability and statistics, and econometrics. While some students join the Business Economics program directly from undergraduate or masters programs, others have worked in economic consulting firms or as research assistants at universities or intergovernmental organizations.

The PhD program in Health Policy (Management) is rooted in data-driven research on the managerial, operational, and strategic issues facing a wide range of organizations. Coursework includes the study of microeconomic theory, management, research methods, and statistics. The backgrounds of students in this program are quite varied, with some coming from public health or the healthcare industry, while others arrive at the program with a background in disciplinary research

The PhD program in Organizational Behavior offers two tracks: either a micro or macro approach. In the micro track, students focus on the study of interpersonal relationships within organizations and the effects that groups have on individuals. Students in the macro track use sociological methods to examine organizations, groups, and markets as a whole, including topics such as the influence of individuals on organizational change, or the relationship between social missions and financial objectives. Jointly administered by HBS and GSAS, the program includes core disciplinary training in sociology or psychology, as well as additional coursework in organizational behavior.

Accounting & Management  

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Mba to phd: what is the recommended path.

Dr. Nick Dahan, Professor and Director, Online MBA California State University at Monterey Bay College of Business

As you are planning out your education and career, you may be considering furthering your education beyond an MBA with a doctorate degree in a business-related field. This is a big decision, given that it is likely a three- to six-year commitment that would affect your career and your family, both emotionally and financially. Be sure to make this decision after taking some time for careful consideration.

Here are a few key questions to ask in order to help with the MBA to PhD decision process.

Why Do You Need a Doctorate?

This is the most important question.

If you have substantial executive experience and you are interested in teaching in higher education, you may be eligible for the Association to Advance Collegiate Schools of Business’ (AACSB) “bridge” program , which helps executives become effective instructors. This program is designed for highly seasoned business leaders who are only interested in teaching, not pursuing research. They can teach in business schools either part-time or full-time in a contractual teaching-focused position (called non-tenure track, or clinical, or professor of teaching). In that case, a doctorate is not needed at all.

If the only reason to pursue a doctorate is to study a business discipline or to deepen your quantitative skills beyond what is possible in an MBA (even one with a concentration), you may want to consider a graduate certificate or a master of science (MSc). They offer the opportunity to take three to 12 courses with a narrower focus, such as data analytics, human resources management, project management, digital marketing, etc. A certificate or MSc is a great complement to an MBA, especially if your MBA consisted of, say, 10 courses covering 10 different business disciplines, with little opportunity to go deeper on any particular subject.

It must also be stressed that boosting earnings is rarely a strong reason to pursue a doctorate in business if you already hold an MBA or MSc in a business subject. As careers in the private sector are more lucrative and typically do not require a doctorate (other than a few corporate economist and financial positions where a PhD is a must), the financial return on the investment into a business PhD may actually be negative if you plan to go into academia compared to a private-sector career with an MBA. As an example, through a successful career in the private sector, a business executive may well earn more than $200K annually five or 10 years after completing their master’s degree in business, whereas it is highly unlikely that a business academic with a PhD will ever reach that salary level. However, while significantly increasing your earnings may not be the main reason, there are obviously plenty of other valid reasons for pursuing a doctorate.

Valid reasons to go from an MBA to a PhD include:

• Ensuring you achieve the deepest level of expertise on a subject matter, which can then be leveraged in the private sector, public sector, and consulting. Sometimes a graduate certificate or even an MSc is not enough for the kind of career you seek out
• Getting the opportunity to teach in higher education, either part-time as an adjunct while keeping your full-time job in business, or full-time by switching from a business career to academia. If the latter, the choice is often motivated by seeking a second career that allows more freedom and flexibility (stable employment and great benefits are important perks).
• For marginalized populations , it may be an important way to be given the respect they deserve. And business doctorate programs face a serious underrepresentation of minorities, in part because many programs do not offer scholarships and assistantships (instead, they are money-making programs for the universities), which decreases the likelihood of minority enrollment . Fortunately, there are initiatives to redress the situation and grow a pipeline of minority PhDs that can ultimately join academia, such as McNair fellowships in business , and The PhD Project .

Which Kind of Doctorate?

Not all doctorates are created equal. You have to choose one that matches your career goals:

Doctorate in Education (EdD)

This is not a doctorate in business per se. As such, it is very unlikely to lead to a full-time position at a four-year college nowadays. However, it can be useful in consulting, in specialized areas of Human Resource Management (adult education/training), or to pursue a leadership career in education (high school and school district, or on the administrative side of higher education such as Dean of students, Vice-Provost, etc.).

Doctorate in Business Administration (DBA)

In business fields, there are DBA and Executive Doctorate in Business Administration (EDBA) (EDBA/DBA) programs.

DBA programs are more practically oriented, focusing on conducting applied research. For example, a project the DBA student investigates in their professional context, as “action-research” that can be implemented quickly and deliver concrete benefits to their organization. Because the focus is on research that can be implemented in organizations, rather than published in academic journals to promote knowledge in the discipline, the DBA is well-suited for a career as a consultant. It could also be used to land a full-time position as an academic or a leader at a community college, where there is no expectation of conducting and publishing academic research.

Doctor of Philosophy (PhD)

PhD programs are more academic in content, typically providing even deeper training in research skills and subject matter, which often implies that they take longer to complete. A PhD first and foremost prepares students for a career in academia, specifically to be a professor or an academic leader, such as executive director, academic dean, provost, or president.

PhD programs focus on unique, theory-based research and publication of the findings of that research in academic journals and scientific books. If you are interested in a full-time academic career at a four-year college or university, a PhD is the degree for you. Of course, a PhD can also be leveraged in other careers such as consulting.

What Kind of Program?

Residential or online? Full-time or part-time? Every option exists.

If you aspire to mostly focus on teaching and therefore want to work at a college with a teaching emphasis, your PhD program options are broader than if you want to ultimately work at a business school where research expectations are more central. You have to select a doctoral program that will prepare you for the kind of academic career you aspire to: mostly teaching? A mix of teaching and research? Mostly research? Typically, the more prestigious the business school, the more emphasis is placed on research in its doctoral program.

If you want to be an academic, the more traditional route is to join a full-time residential PhD program where you can focus entirely on your studies and priming your research pipeline in order to prepare for a full-time academic position. Typically, seats are scarce at these PhD programs as it is extremely costly for universities to run these programs; they have to pay their most experienced professors to teach doctoral seminars to a very small number of students (often five to 10) who often have their tuition fully covered and get a scholarship or assistantship on top of that (often earning around $20K annually). If you are aiming to be hired as a faculty at a premier accredited school (AACSB-accredited for North America 1 , while in Europe EQUIS is another accreditation that is also prestigious), earning a PhD from a similarly accredited business school would be helpful (although outside of the USA there are quite a few prestigious business schools that are not AACSB or EQUIS accredited).

Some PhD and almost all DBA programs are part-time, offering students the option to keep working in parallel to their studies, but in that case, students have to pay tuition, which can add up to very substantial amounts over three to six years.

Finally, some programs are online rather than in person. In that category, a lot of DBA programs are either hybrid (each course has both an online and an in-person component) or mostly online with a small residency requirement (e.g., one weekend every semester). While it is not impossible to get a full-time academic position at a four-year college with a doctorate from a non-AACSB accredited business school, it is significantly harder, at least in North America. So, it is important to note that so far only one AACSB-accredited business school offers a fully online PhD program—University of North Carolina at Greensboro.

Start with Your Online MBA

Many roads lead to a doctorate in business, and upon completion it paves the way to a variety of careers. Therefore, this must be a personal decision based on your professional aspirations and work/life constraints. It is highly advisable to get in touch with professionals who successfully leveraged their doctorate in their careers, such as consultants or academics, in order to better understand the risks, challenges, and rewards of pursuing a doctorate, and the latest trends in their field.

Before moving on for a doctorate, however, you will want to pursue your MBA. Create the career and the life you want with the Responsible Business Online MBA from California State University, Monterey Bay. Keep advancing your career work as you earn your MBA with our 100% online curriculum which focuses on the increasing role and importance of responsible business .

About the Author

Dr. Nicolas (Nick) Dahan is a Full Professor of International Business and Strategy, and Director of the MBA program at CSUMB, College of Business.

He has worked as a full-time faculty at a number of institutions, both in the USA (most recently prior to CSUMB at Temple University-Fox School of Business) and France. He also has extensive adjunct teaching experience with American institutions, including George Washington University, Tulane University, Baruch College-CUNY, as well as top French business schools (ESSEC, ESCP Europe, Sciences Po), and executive education.

His scholarly work has been published in journals such as Business & Society, International Business Review, Journal of Business Ethics, Journal of Business Research, Human Relations, Long Range Planning, and Strategic Organization.

He has worked at several French firms, and has acted occasionally as a consultant for multinational enterprises as well as trade associations in either public affairs or international entrepreneurship/marketing.

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PhD after MBA: Courses, Colleges, Duration, Salary, Scope, Abroad

Bhaskar Nandi

PhD after MBA is a doctorate-level program offered in various MBA specializations such as PhD Finance, PhD Marketing, PhD Operation Management, PhD Human Resource Management, and others.

The minimum eligibility criteria for PhD after MBA is a 2-Year MBA degree with qualifying either UGC-NET or  GATE Exam . Along with the minimum qualifying score, a research proposal, letter of recommendation and work experience increase the chance of getting admission to the Top MBA Colleges. It usually takes 5 years to complete a PhD after an MBA in India, while the duration of PhD after MBA abroad can be as long as 4 to 7 Years.

FMS New Delhi, BHU, IIMs, and IITs are the top MBA colleges that are known for their PhD programs after MBA. PhD after MBA has a vast scope in teaching and research professions. The average PhD after an MBA salary ranges from INR 2,00,000 - INR 14,00,000.

Also Check:

Table of Content

• PhD after MBA: Course Highlights
• Advantages of PhD after MBA
• PhD after MBA: Top Specializations

3.1 PhD Finance after MBA

3.2 PhD Marketing after MBA

3.3 PhD Operations Management after MBA

3.4 PhD Organization Behaviour after MBA

3.5 PhD Business Management after MBA

3.6 PhD Human Resource Management after MBA

3.7 PhD Commerce and Management after MBA

3.8 PhD Management studies after MBA

3.9 PhD Disaster Management after MBA

3.10 PhD Banking and Finance after MBA

• PhD after MBA in Abroad
• PhD after MBA: FAQs

PhD After MBA: Highlights

Benefits of PhD after MBA

Before we go into details of every Ph.D. after MBA program, we shall look into the advantages and benefits of PhD after MBA and why is PhD after MBA a great career option.

• Ph.D. after MBA provides the opportunity to conduct research, conduct in-field study of concepts and specializations that couldn't have been possible during MBA.
• MBA Degree  in itself provides lucrative career options, but after Ph.D., MBA degree becomes much more valuable.
• The research during PhD after MBA leads to awareness of the new business insights and trends worldwide, which helps in managing business more efficiently.
• A person with PhD degree after MBA can make lucrative compensations. A top MBA College professor makes millions more than just an MBA degree holder.
• Ph.D. after MBA allows working in the field of research in management, finance, or business which puts them apart from any other managers pursuing only an MBA.
• PhD after MBA in Management opens the door to becoming a professor in leading business schools, which is the most sought-after career.
• After doing Ph.D. after MBA, candidates can work as consultants in top firms, because of their skill sets and research methodologies.
• PhD after MBA candidates can also work as analytics consultants as they are preferred over any other degree holders because of their skills and experience in research.

PhD After MBA: Top Specializations

There are various specializations available in which you can pursue a PhD after MBA. Some of the top PhD specializations that work best in favor of your MBA degree are mentioned below:

PhD Finance after MBA

• PhD Finance  is a research-oriented course that gives the student an excellent academic career. 
• Students go for Ph.D. Finance after completing  MBA Finance .
• There are a few business schools like IIMs, FMS New Delhi, ISB, and IIT that do provide Ph.D. in Finance. 
• PhD Finance deals with the advanced study of Valuation of Shares, Privatization and Globalization, Cost and Management Accounting, etc.

PhD Marketing after MBA

• PhD Marketing  is a 5 Year doctorate program to prepare students to teach and perform research in marketing and related fields.
• Admission to this course is done on the basis of the entrance exam and personal interview. Any candidate with a postgraduate degree in a relevant course is eligible to apply for PhD after MBA in Marketing.
• PhD Marketing is highly competitive and offers job opportunities such as Market Research Analyst, Marketing Communications Leader, Marketing Executive, etc. with an average salary of INR 2,00,000 - INR 10,00,000.

PhD Operation Management

• PhD Operation Management  is a 5 Year doctoral course which deals with the control of operations and processes in an organization.
• PhD after MBA in operations management offers jobs in MNCs, Corporate Houses, and Manufacturing sector companies.
• The minimum eligibility is MBA/PGPM or PGDM in Operation Management with a minimum aggregate of 55%.

PhD Organization Behaviour after MBA  

• PhD Organization Behaviour  is a 5 Year doctorate degree dealing with human behavior at various organizations.
• A candidate with a Master’s degree or an M.Phil. in the respective field of study with a minimum aggregate of 55% is eligible for PhD after MBA in Organization Behaviour.
• After successful completion of Ph.D. Organization Behaviour course, the candidates can find employment in firms like Academic Institutions, Colleges, Finance, Marketing, Information Technology, etc. with an average salary of INR 4,00,000 - INR 8,00,000.

PhD Business Management after MBA

• PhD Business Management  is a 5-Year doctorate program that deals with activities that are involved in running a business such as leading, monitoring, organizing, and planning.
• A master’s degree with relevant subjects and a minimum aggregate of 50% or more makes a student eligible for PhD after MBA in Business Management.
• PhD in Business Management graduates can seek employment in areas like Colleges and universities, Finance, information technology, Banking, Management, Operations, Supply chain management, MNCs, Product development, Human resources, etc. with an average salary of INR 4,00,000 - INR 8,00,000.

PhD Business Administration after MBA

• PhD Business Administration  is a 5 Years doctorate program that imparts knowledge on building an analytical understanding of business principles.
• A masters’ degree in any business-related field makes you eligible for PhD after MBA in Business Administration.
• The candidates can work as Administration Manager, Events Executive, Business Administrative Executive, etc. with an average salary of INR 7,00,000 - INR 17,00,000.

PhD Human Resource Management after MBA

• Ph.D.  in Human Resource Management  is a 5 Year doctorate program that deals with teaching processes and policies that organizations follow to maximize productivity and efficiency. 
• It teaches students the necessary skills to become a human resource managers.
• A master’s degree in a relevant field from a UGC recognized university or foreign university makes a candidate eligible for Ph.D. after MBA in Human Resource Management.
• A candidate can become an HR Manager, HR Executive, or HR Consultant with an average salary of INR 6,00,000 - INR 11,00,000.

PhD in Commerce and Management after MBA

• PhD Commerce and Management  is a 5 Year doctorate program aimed at teaching commerce and business management.
• To pursue Ph.D. after an MBA in Commerce and Management, a candidate must hold a masters’ degree,  MBA , or MPhil with a minimum aggregate of 55%.
• Candidates can seek employment in leading sectors such as Finance, Management, Commerce, etc. with an average salary of INR 3,00,000 - INR 40,00,000.

PhD Management Studies after MBA

• PhD Management Studies  is a 5 Year doctorate program that aims to teach students about management and organizational skills.
• A masters’ degree in a related stream of management studies with a minimum aggregate of 50-60% makes a candidate eligible for Ph.D. after MBA in Management Studies.
• The course enables students to seek employment in leading sectors of Retail, Marketing, Sales, Business, Consultancies, etc. with an average salary of INR 2,00,000 - INR 20,00,000.

PhD Disaster Management after MBA

• PhD Disaster Management  is a 5-Year doctorate program dealing with the field of Environment and Disaster Management.
• The eligibility criteria of the program are qualifying Master’s degree or M.Phil in the relevant field with a minimum of 55% aggregate and a minimum work experience of 5 years.
• Although the course curriculum is different from an MBA program, it has a lot of scope for MBA students to work in areas like defense, insurance, chemical industries, natural disaster management, etc. with an average salary of INR 2,50,000 - INR 12,00,000.

PhD Banking and Finance after MBA

• PhD Banking and Finance  is a 5 Year doctorate program in Banking and Finance formulated to help students in understanding the major areas of domestic and international banking, economics, and investment.
• A masters’ degree in any relevant field from a recognized university is the minimum eligibility criteria for PhD after MBA in Banking and Finance.
• Students can get jobs at Colleges and Universities, Stock Exchanges, Banks, etc. with an average salary of INR 1,80,000 - INR 6,00,000. 

PhD After MBA Abroad

PhD after MBA has a lot of scopes abroad as well. Abroad there is a greater advantage in terms of its recognition and scope.

Tabulated below are top business schools abroad that offer PhD after an MBA.

PhD After MBA: FAQs

Ques. Can PhD be done after MBA?

Ans . Yes, PhD can be done after MBA. To pursue PhD, a candidate must hold a masters’ degree in relative fields with a minimum aggregate of 50-60%.

Ques. What are the PhD courses after an MBA?

Ans. PhD in Finance, Management Studies, Business Management, Business Administration, Banking and Finance, and Marketing are some of the popular courses after MBA.

Ques. Is a PhD better than an MBA?

Ans. If you want to pursue a career in research, or you want to become a professor in top business schools then a PhD is better after an MBA degree.

Ques. Does a PhD after an MBA make sense?

Ans. Yes, PhD after MBA completely makes sense as it gives you an upper hand when it comes to better job opportunities, and also in teaching professions.

Ques. What is the procedure to get admission into a PhD after an MBA?

Ans. A candidate is required to have a master’s degree in a relevant field, with a minimum aggregate of 50-60%. They are also required to take entrance exams, whichever is applicable followed by a personal interview.

Ques. What are the job opportunities after PhD?

Ans. Candidates can work as Finance Managers, Managing Directors, Market Research Analysts, Customer Services Managers, Professors, Chief Operating Officers, etc. after a PhD in MBA-related subjects.

Ques. What are the benefits of a PhD after an MBA?

Ans. The benefits of a PhD after an MBA are:

• PhD allows working in the field of research in management, finance, or business which puts them apart from any other managers pursuing only an MBA.
• PhD candidates can work as consultants in top firms, because of their skill sets and research methodologies.
• PhD candidates can also work as analytics consultants as they are preferred over any other degree holders because of their skills and experience in research.

Ques. Can I do a PhD after an MBA in HR?

Ans. Yes, you can do a PhD after an MBA in Human Resource Management as it offers good opportunities to work as HR manager, executive, consultant, etc.

Ques. What is the duration of PhD after an MBA?

Ans . The duration of PhD after an MBA  is 5 years.

Ques. Can I do a PhD from IIM?

Ans. Yes, IIMs offer PhD programs after MBA in Human Resource Management, Business Management, Business Administration, etc.

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Pursuing a PhD After an MBA in the USA: What You Need to Know

May 15, 2023

If you’re considering pursuing a PhD after completing an MBA in the USA, there are a number of factors to take into account. Not only will you need to choose the right program, but you’ll also need to balance work and study, secure funding, and explore career opportunities once you’ve completed your degree. In this article, we’ll take a closer look at what you need to know when pursuing a PhD after an MBA in the USA.

The Advantages of Combining an MBA and a PhD in the USA

Top universities in the usa for mba-phd joint programs, how to choose the best mba-phd joint program in the usa, the application process for mba-phd joint programs in the usa, the importance of research experience for mba-phd joint programs in the usa, funding options for mba-phd joint programs in the usa, balancing work and study: tips for pursuing an mba-phd joint program in the usa, career opportunities after completing an mba-phd joint program in the usa, potential salary increase with an mba-phd combination in the usa, future trends and growth opportunities for phds with an mba in the usa.

One of the main advantages of pursuing both an MBA and a PhD is that it can give you a competitive edge in the job market. You’ll have the practical business skills offered by an MBA, as well as the research and analytical expertise provided by a PhD. This unique combination can be highly attractive to employers, particularly those in industries that require both business acumen and technical expertise, such as finance, healthcare, and technology.

Another advantage of combining an MBA and a PhD is that it can open up a wider range of career opportunities. With an MBA, you may be limited to certain roles within a company, such as management or consulting. However, with a PhD, you can pursue careers in academia, research, or even entrepreneurship. This versatility can be especially valuable in today’s rapidly changing job market.

Additionally, pursuing both degrees simultaneously can save time and money compared to pursuing them separately. Many universities offer joint MBA/PhD programs that allow students to complete both degrees in less time than it would take to complete them separately. This can also result in cost savings, as students may be eligible for scholarships or other financial aid that would not be available if they pursued the degrees separately.

If you’re interested in pursuing an MBA and a PhD, there are a number of top universities in the USA that offer joint programs designed for students like you. Some of the best schools to consider include the Wharton School at the University of Pennsylvania, the Kellogg School of Management at Northwestern University, and the Stanford Graduate School of Business. Each school offers a slightly different focus, so it’s important to research each program carefully to determine which one is the best fit for your goals and interests.

One benefit of pursuing a joint MBA-PhD program is the opportunity to gain both practical and theoretical knowledge in your field of study. These programs often combine coursework with research opportunities, allowing students to apply what they’ve learned in the classroom to real-world problems. Additionally, many joint programs offer funding and resources for students to conduct their own research, which can be a valuable experience for those interested in pursuing careers in academia or research.

Also read: Pursuing a PhD in mechanical engineering in USA

When choosing an MBA-PhD joint program in the USA, there are a number of key factors to consider. These include the program format (e.g. full-time, part-time, online), the curriculum and course offerings, the faculty and research opportunities, and the program’s reputation and rankings. It’s also important to consider the program’s location and any networking or internship opportunities available, as these can be key to securing post-graduation employment.

Another important factor to consider when choosing an MBA-PhD joint program is the program’s focus and specialization. Some programs may have a specific focus, such as entrepreneurship or healthcare management, while others may offer a more general business education. It’s important to choose a program that aligns with your career goals and interests.

Additionally, it’s important to consider the program’s cost and financial aid options. MBA-PhD joint programs can be expensive, so it’s important to research the cost of tuition, fees, and living expenses. Many programs offer financial aid, scholarships, and assistantships to help offset the cost, so be sure to explore these options as well.

The application process for MBA-PhD joint programs can be detailed and time-consuming. Typically, applicants must submit a range of materials, including transcripts, letters of recommendation, a statement of purpose, and GRE or GMAT scores. It’s important to carefully review the application guidelines for each program you’re interested in and to meet all deadlines to ensure your application is considered.

In addition to the required materials, some MBA-PhD joint programs may also require applicants to complete additional essays or interviews. It’s important to research each program thoroughly to understand their specific requirements and expectations. Additionally, it’s recommended that applicants have relevant work experience and a strong academic background to increase their chances of being accepted into these highly competitive programs. Finally, it’s important to note that the application process for MBA-PhD joint programs can take several months, so it’s important to plan accordingly and stay organized throughout the process.

Research experience is highly valued in MBA-PhD joint programs because it helps prepare students for the rigorous research demands of a PhD program. Students with research experience are often better equipped to handle the complex research challenges they’ll face, and may be more likely to secure research assistantships and other funding opportunities.

Furthermore, research experience can also help MBA-PhD joint program students develop critical thinking and problem-solving skills, which are essential for success in both academia and industry. Through research projects, students learn how to analyze data, identify patterns, and draw conclusions, skills that are highly valued in the business world. Additionally, research experience can help students build a strong network of contacts in their field, which can be invaluable when seeking job opportunities or collaborating on future research projects.

There are a number of funding options available to students pursuing MBA-PhD joint programs in the USA. These include scholarships, grants, fellowships, teaching assistantships, and research assistantships. It’s important to research each funding option carefully to determine which ones you are eligible for and to apply for as many as possible to help offset the cost of tuition and expenses.

One popular funding option for MBA-PhD joint programs is through employer sponsorship. Many companies offer tuition reimbursement or financial assistance for employees pursuing advanced degrees. This can be a great way to gain valuable work experience while also furthering your education.

Another funding option to consider is taking out student loans. While this should be a last resort, it can be a viable option for those who are unable to secure enough funding through scholarships or other means. It’s important to carefully consider the terms and interest rates of any loans before accepting them, and to have a solid plan for repayment after graduation.

One of the biggest challenges in pursuing an MBA-PhD joint program is balancing work and study. It’s important to prioritize your time and stay organized, setting aside dedicated time for both work and study. Consider taking advantage of flexible work arrangements, such as telecommuting or flexible hours, to help manage your workload. And don’t forget to take care of yourself by getting enough sleep, eating well, and exercising regularly.

Another important tip for balancing work and study in an MBA-PhD joint program is to build a support system. This can include family, friends, colleagues, and classmates who can offer encouragement, advice, and assistance when needed. It’s also helpful to connect with alumni and professionals in your field who have gone through similar experiences and can provide valuable insights and guidance. By building a strong support system, you can stay motivated and focused on your goals, even during the most challenging times.

Graduates of MBA-PhD joint programs are well-positioned for a variety of exciting career opportunities. Some go on to work in academia, conducting research and teaching courses related to business and management. Others may work in consulting, finance, or technology, using their unique blend of business and analytical skills to solve complex problems and drive innovation.

Additionally, graduates of MBA-PhD joint programs may also pursue careers in government or non-profit organizations, where they can apply their knowledge and skills to make a positive impact on society. They may work in areas such as public policy, international development, or social entrepreneurship. The interdisciplinary nature of the MBA-PhD joint program equips graduates with a diverse set of skills and perspectives, making them valuable assets in a wide range of industries and sectors.

Studies have shown that students who combine an MBA and a PhD can earn significantly higher salaries than those with just an MBA or just a PhD. This is because the combination of business and research skills is in high demand in a number of industries, including healthcare, finance, and technology. While salaries may vary depending on the industry and location, the potential for higher earnings is certainly a draw for many students considering this path.

Furthermore, the combination of an MBA and a PhD can also lead to more job opportunities and career advancement. Graduates with this dual degree are often sought after for leadership positions in their respective fields, as they possess a unique set of skills that allow them to effectively manage teams, conduct research, and make strategic business decisions. In addition, many companies offer tuition reimbursement or other incentives for employees who pursue advanced degrees, making it a financially feasible option for those looking to further their education and career.

The future looks bright for PhDs with an MBA in the USA. As technology continues to advance and industries become more complex, employers are increasingly looking for candidates with a unique blend of business and technical skills. This trend is expected to continue long into the future, meaning that graduates of MBA-PhD joint programs are well-positioned to take advantage of a wide range of exciting career opportunities and contribute to meaningful and impactful research.

One area where PhDs with an MBA are particularly in demand is in the field of healthcare. With the aging population and the increasing prevalence of chronic diseases, there is a growing need for professionals who can navigate the complex healthcare landscape and develop innovative solutions to improve patient outcomes. Graduates of MBA-PhD programs with a focus on healthcare management are well-equipped to meet this demand and make a real difference in the lives of patients.

Another area where PhDs with an MBA can make a significant impact is in the field of sustainability. As concerns about climate change and environmental degradation continue to grow, businesses are under increasing pressure to adopt sustainable practices and reduce their carbon footprint. Graduates of MBA-PhD programs with a focus on sustainability can help companies develop and implement effective sustainability strategies, while also conducting research that advances our understanding of the complex environmental challenges we face.

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PHD After MBA: How to Get Admission for PHD

Pursuing a PhD after completing your MBA is an excellent choice. However, you might have many questions about how to proceed. Let me guide you through the process of obtaining your doctoral degree after your MBA. This guide is not just for MBA graduates; it can also apply to anyone with a postgraduate degree. However, it specifically focuses on pursuing a PhD after an MBA.

Today, there is a growing trend of people pursuing and considering a PhD after their MBA. This trend is also evident in the corporate world, where many directors and managers strive to obtain their PhD degrees. This article will address all your questions about how to pursue a PhD after an MBA.

Can I Do PhD After MBA?

Yes, you can pursue a PhD after your MBA. This is often the first question that arises when you complete your MBA. In fact, anyone with a postgraduate degree can apply for PhD admission. Although there are various other requirements to pursue a PhD, these requirements vary from university to university.

It is an excellent choice to pursue a PhD after your MBA. Many people prefer to continue their research in their area of specialization. For example, someone who has completed an MBA in HR may choose to pursue a PhD in HR.

It is not necessary to continue research in the same specialization as your MBA. For example, can you pursue a PhD in psychology after an MBA? The short answer is yes, but you need to convince the PhD panel that you are qualified to conduct research in psychology. If you have a bachelor's degree in psychology, you are already qualified. Another approach is to include a management perspective in your psychology research topic, such as "A Study on Consumer Psychology while Investing in State Government Bonds during a Recession."

How To Do PhD After MBA?

Getting admission for a PhD can be a tedious and lengthy process, involving multiple steps from submitting a research proposal to attending PhD interviews. Here are the basic requirements for PhD admission. Even if you have pursued a distance MBA, you can still apply for a PhD if your distance MBA was from a UGC-accredited institution or university.

The eligibility for PhD after MBA is as follows:

• PhD Requirement
• Any Postgraduation with Minimum 55%
• UGC NET or SET or MPhil

The next steps to secure your PhD admission after MBA are:

1. Select your university

Before starting your PhD journey, you need to select the university where you want to pursue your PhD. In India, there are several universities that offer PhDs in Management. Here are a few:

There are more than 1,000 universities in India, most of which offer PhD programs. When choosing a university, consider its specialization in your research subject. Many industry managers opt for Executive or Part-Time PhDs  while maintaining their regular jobs.

The next step is to apply for admission with your PhD proposal, which includes the title of your study, methodology, and literature review. You are eligible to apply for a PhD in the specialization you pursued during your MBA. Here are some specializations in PhD in Management:

As you have completed your MBA, you are eligible to apply for a PhD in the specialization that you had taken during your MBA. Below are the specializations that you can choose in PhD in Management:

For example, if you completed an MBA in Finance, you could pursue a PhD in Finance. When you submit your research proposal, the next step would be your PhD interview.

3. PhD Interview

The PhD admission process varies from university to university, so it is necessary to follow the specific university’s guidelines. Your PhD interview will be conducted by a panel where you will discuss your PhD topic. The panel will assess if you are qualified to conduct the research you have proposed. The interview is extensive, allowing the panel and your PhD supervisor to understand the new aspects you can bring to your research.

4. Admission Confirmation

After your PhD interview, you will be informed about your admission status. You can then process your documents and get admitted to the PhD program. Completing a PhD typically takes a minimum of 3 years and a maximum of 5 years.

Career Options After PhD

There are several career options after completing your PhD. Research and academia are the most prominent career paths after a PhD. Being a consultant is another area that can be very helpful if you pursue it.

Apart from these, you can also apply for various Tor for applying for consultancy and research projects of Government or non-Government Organisations.

How Many Years for PhD After MBA?

The duration of a PhD depends on various factors, but for social sciences, it is generally not very long. Completing your PhD after an MBA should take a minimum of 3 years and a maximum of 5 years, provided you meet all the PhD requirements and work closely with your PhD guide.

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Career Scope & Valuable Reasons to do PhD after MBA

Blog Summary

Unlock the potential of your career with a PhD after MBA in Management. Discover how this esteemed degree can elevate your expertise and impact in the business world. From gaining credibility to refining leadership skills, explore the myriad benefits outlined in our comprehensive guide. Dive deeper into the advantages of online learning and accreditation, ensuring a seamless journey towards your academic and professional aspirations. Join us on a transformative path towards scholarly excellence and practical mastery in management studies.

A rising number of PhD management degree holder

Whether you wish to become an academic teacher or help companies solve critical management issues, a PhD after an MBA degree in management will offer a path to greater credibility, influence, and impact.

PhD degree in a management program is usually grounded in preparing you with the skills and buoyancy you need to complete your thesis.

A PhD in Management empowers professionals in business and corporate to excel as leaders, scholars, and change-makers.

How to Get a PhD in Management

You can join PhD in management after an MBA or easily complete an online doctorate degree in management after your Master’s in Business Management. The pandemic has slowed the world down; schools, colleges, and most services have gone online.

PhD in management online programs were available even before the pandemic. You can complete your doctorate with full support from business experts and at your own pace.

More college graduates decide to pursue a master’s or doctorate degree in management. In recent years, the number of doctoral degree holders has grown to 4.5 million. Prospective students pursuing a PhD in management are increasing because they want to become experts in their chosen field. While there are many reasons to get a PhD after an MBA, it is a fact that you gain more knowledge and pass it on to the upcoming generation.

Benefits of Earning Your PhD after MBA in Management

There are plenty of reasons to pursue a PhD in Management, from gaining a competitive edge to becoming a scholar-practitioner.

Be it contemplating your career or seeking to address your management challenges, a PhD in Management can help you accomplish your goals, personal and professional. Are you wondering how a PhD after an MBA can better transform you, your career, and others? Here it is.

For further insights into the benefits and considerations of pursuing an online PhD in management, we invite our audience to explore our blog titled “ Why Opt for an Online PhD in Management Today .”

Gain a competitive edge   When you choose to move ahead in your career, PhD in Management online program will become a marketable asset that will provide you competitive advantage in today’s fast-moving business world.

• Become a better problem solver A good PhD in Management program inspires you to do more than receive knowledge. It helps you to share knowledge with the whole world. You will also be achieving new levels of critical thinking that you can apply in new and exciting ways in your career and your field of interest.
• Refine your expertise A PhD in management will, through distance or online learning, give you ground in new strategies for leading businesses and people in an increasingly interlinked global society. It is sure to hone your strategy for leading people in an increasingly interwoven international community.
• There may be repetitive questions in your mind as to why get a PhD in business. But the benefits are vivid; you can gain universally applicable skills for uplifting companies in any sector. Also, as you gain inside-out knowledge, you are sure to create a place for yourself in the current role you are in and make a more significant impact. There are chances that even your friends and family members turn to you for advice and guidance on business-related issues.
• Evolve as a scholar-practitioner PhD after an MBA will give you the knowledge and self-confidence to attend academic conferences and present papers. You’ll discover your inner voice as a scholar and write a dissertation.
• A competitive pay You are sure to receive higher pay soon after you finish your PhD in business. There is always a tremendous demand for PhD holders in universities to teach students and the business field for various positions. You can create a difference in your organization and also in your community. By transferring the latest concepts and theories, you can bring changes after your PhD in Management degree.

Choosing the Best Online University

It all starts with choosing the best university to earn a PhD or doctoral degree. Earning a degree can be more feasible and much more valuable if you choose the right online platform to pursue your PhD degree.  

Accredited university

You must ensure you receive a quality education by choosing an accredited university. It could be online or offline, but choosing the right university is recognised and accredited by an accrediting organization.

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Can You Do a PHD After an MBA? Pros and Cons.

As an MBA graduate, I considered whether to obtain a more specialized degree or go for any job in the very tough job market. I thought about Ph.D. too. Here I lay out my thoughts based on experience and research I made for myself on this topic. 

You can do a Ph.D. after MBA, but it is unnecessary for a solid career in business. Ph.D. after MBA may provide a valuable leverage tool for your scientific job if you want to go deeper into any field of science, including technical or social science.

In most instances, you obtaining a Ph.D. after MBA does not make sense. But in a few cases, Ph.D. after MBA may offer new opportunities. Let us analyze below when receiving a Ph.D. after MBA may make sense at all.

Is MBA higher than a Ph.D.?

MBA is a master’s degree, while a Ph.D. is a doctorate. Ph.D. is a higher degree than MBA. Therefore, some MBA students or graduates may decide to take their education to the next level and go into a Ph.D. program. 

Does a Ph.D. guarantee a job?

Here are the negatives if you do Ph.D. after MBA. Having MBA and Ph.D. alone will not necessarily make you more employable. It may limit your employment options to a narrow field. Choose carefully. And being a Ph.D. means that you will be overqualified for most starting positions in the industry (with a caveat, read below). 

Secondly, MBA and then Ph.D. on your CV may raise many flags if you decide to change your career or industry in the future. The sooner you want to change your career, the worse it will look. The question would be: “you did your MBA, then you did your Ph.D. after an MBA…do you know what you are doing?”

A ph.D. is not necessarily helpful for a career. Some people go for Ph.D. because they want to become professors teaching classes in universities. But professor jobs are scarce, and with lower college enrolments, it is becoming increasingly hard to find a teaching job. In short:  YOU WILL NOT FIND A TENURED PROFESSOR JOB AFTER Ph.D. ANYMORE . Hopefully, I made that clear enough. 

On the other hand, PhDs may be valued by different exiting or emerging educational institutions, including those private ones, providing online programs or courses. 

In my humble opinion Ph.D. often should be pursued in the area in which you have a strong urge and desire to work for the next couple of decades doing research. 

Because getting a Ph.D. is quite a pain, it takes years, and you will be grossly underpaid while doing it. I would also look at the demand for specialists in the respective field of your Ph.D. 

Getting into a top Ph.D. university program is challenging. Often, they require terminal degrees like MSC, MA, MS rather than MBA. Therefore, instead of Ph.D. MBA graduates may go for a DBA and still get into corporate world management after that. 

Still, PhDs can get a job in the industry because they have a solid reputation as research and analysts.  

I suggest that if you decide to pursue Ph.D., make sure that your field of research is congruent with your previous MBA degree, other education, work, or relevant experience valuable to a potential employer. Congruency will bind everything together nicely, total leverage. 

But read on to find out which Ph.D. I think it may be helpful in your career. Please do not take my word for it, as I believe the global economy is changing rapidly. Yet, I see some strong trends that are likely to continue for decades ahead, presenting some viable Ph.D. career options. 

Note that academia is saturated, and even PhDs have a hard time finding academic jobs. Said that Ph.D. could take even a master’s level position or other senior position in the industry if his or her Ph.D. area is a good match.

If you decide to obtain Ph.D. after MBA, then I suggest choosing a topic that can have practical application in the industry for better transition and good pay. 

There are many practical fields for Ph.D. after MBA. 

Which Ph.D. after an MBA may be a good option?

Ph.D. is a heavily research-oriented degree. By researching, a Ph.D. student divulges very deep into the narrow topic, like in a rabbit hole, and becomes a super-expert in that topic. 

Thus, selecting a Ph.D. topic for future employment is a significant decision for an MBA student. Because you already have spent 2-4 years getting an MBA degree. Now, what will 5-6 years of Ph.D. give you at this point?

I think Ph.D. is an excellent choice for those MBA’s who want to go into science. Ph.D. makes a person quite employable in science, especially if that science field is related to MBA or previous work or educational experience. 

Note, when I say science, in addition to natural sciences, I also mean new types of science. That includes fields like data science, or AI or machine learning, social science. 

If you check any major job site, it will tell you a complete story about whether it makes sense to get your Ph.D. after MBA. For example, MBA in finance, economics, or statistics from a reputable business school plus a Ph.D. in finance, economics, statistics, or mathematics may help you find an exciting position in one of the major league financial institutions, hedge funds, or banks. Why? Because these fields are practical rather than purely theoretical.

Ph.D. after MBA Specific Examples

If you are keen on coding and have some programming or engineering background, and as an MBA, you want to switch into a niche of machine learning or AI in business industries, you may get your Ph.D. in AI or machine learning. That still can get you hired in the financial sector if you want because the financial sector uses AI and machine learning a lot these days. 

MBA in finance, economics, or accounting, coupled with a Ph.D. in AI or machine learning, may present you as a valuable candidate in the modern digital high-tech world of finance and the business field generally. 

Recruiters are pretty mechanical sometimes. They see MBA on top of the relevant work experience and assume you can potentially hold a managerial position far from the truth.

Note that you will need a programming work background and a Ph.D. in those tech areas if you want to go this route. But salaries can be pretty lucrative – in hundreds of thousands of dollars per year. 

If you type “Ph.D.” and “MBA” in a search field on any major job search engine (site), you will see that some positions show a preference for someone with an MBA and Ph.D. in some analytical or quantitative field. 

You will see demand in some quite exotic narrow fields like revenue science or equity research, social science. Often positions require natural science or programming-related Ph.D., but there is a fair share of those require Ph.D. in either quantitative or business topics. Hence, let us see which type of Ph.D. is better for MBA students. 

Does it help to obtain a business-related Ph.D. after MBA?

Obtaining a business-related Ph.D. after an MBA may provide some value for those who want to go deeper into research or teaching in the business area. For example, a Ph.D. in organizational behavior management may help you land a job in fields anywhere from social science to HR. 

MBA + Ph.D. in economics or finance with quantitative aspect may land you an analytical or lead job in a significant financial institution or international organization. But note that PhDs in economics and finance maybe a little bit saturated in the job market. 

Actuarial sciences or accounting fields also hire PhDs. Check your local job search engine for details. 

I have heard that Ph.D. in accounting is a relatively undersaturated area, and companies are happy to hire accounting PhDs with accounting work experience. Underlying MBA in such a case may be an excellent background addition to a resume showing managerial ability. 

I have also heard about companies hiring PhDs in Global Leadership and Change, for example. I am not sure what their practical managerial work background was, but it must have been extended for such a position. Ph.D. was likely just significant leverage on his or her CV. 

Other areas of potential employment and thus Ph.D. research topics can include business development, business strategy, strategy management, competitive intelligence, and more. 

If you have read some of my other blog posts related to business education, you probably noticed that I am a proponent of practical, specific, education which gives specific tangible skills. 

That is why I am a proponent of going deeper into quantitative areas of education. Quantitative are very transferrable skills. Smart, introverted people with quantitative skills may have a better shot at a fascinating, well-paying analytical job.

Other avenues for MBA and Ph.D. holders

For example, have you heard of such an exotic path as quantitative marketing? Now you did. Marketing analytics can involve quite a bit of calculation and data mining. Ph.D. in quantitative marketing after MBA can land you a job in a financial, economics, or marketing type of position, just because of the quantitative aspect of that type of Ph.D. 

Note that many quantitative Ph.D. programs in reputable institutions require quantitative background or education. For example, Ph.D. in finance may require a background MBA in finance, economics, or mathematics.

Did you know that social science is considered a STEM area? I found at least one position requiring a Ph.D. in social science with MBA.

The most important note is that you must LOVE the subject or broad field of your Ph.D. Otherwise, it does not make sense to pursue one because you will drop out anyway. 

One major caveat for obtaining a Ph.D. after MBA is that employers quite often also want multi-year practical work experience in a related area. Therefore, seeking valuable work experience is a better strategy than obtaining a Ph.D. after MBA. But everything has its exceptions, especially for quantitative types of jobs.  

Here is an excellent video by the Ph.D. professor about the pros and cons of doing a Ph.D. after an MBA.

How long to get a Ph.D. after an MBA?

On average, Ph.D. after an MBA takes 4-5 years to complete. 

Conclusion.

If you want to obtain Ph.D. after MBA, then you need to think it through. I mean, you must be a thinker and researcher at this point. Check job sites, talk to your professors, other students. See what they say about potential opportunities for MBA/PhDs. 

Would I do it? Probably not. Unless it would be a heavily quantitative area with potential practical industry application in finance or technology, if anything, I would instead go for a specialized MS in the subject area related to MBA or technology. 

But that is only my 5 cents. Your goals may be different. 

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The Whys & Hows of a PhD After MBA

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Before anything, what is your reason to do PhD after MBA (Getting to add Dr. before your name doesn’t count!)

A PhD after MBA should be purely based on your interests as it alters the career opportunities that come your way after that. If you had the option to choose between an MBA and MCom after graduation, you would know that the choice was really about a career in corporate management or in academic domain. This is similar, except with higher stakes.

It does not imply that going for a PhD post-MBA will close career opportunities in corporate avenues, but it will certainly shape your career to be better suited for an academic domain, and even your corporate job will have a research undertone to it, such as research analyst or business development consultant that business giants like McKinsey, Endava, Boston Consulting Group, Morgan Stanley, BlackRock Associates, Securities Exchange Commission and Ernst & Young hire.

This blog discusses everything you need to know about PhD options abroad after MBA and how is it a good career option for you.

A PhD or a doctor of philosophy is the highest degree available in any given field and a Doctoral degree in Management does not just give you a competitive edge over an MBA, but also the opportunity to explore boundaries of the subject and conduct original research relating to the management field. The study of management draws from disciplines such as economics, psychology, and sociology. These are interesting disciplines for researching key aspects of management, including organizational behavior, organizational theory and strategy.

What are the Eligibility requirements for a PhD after MBA?

Other than the requirement of holding an MBA degree, the rest of the eligibility criteria are:

1. A good IELTS/TOEFL score to prove your English language proficiency. 2. A GMAT / GRE score is a must, depending upon the university you plan to apply to. 3. Academic transcripts and two-three letters of recommendation are also necessary. 4. More often than not, an interview is conducted either physically or via a video call to assess the student’s ability. 5. Depending on the university, candidates might be required to have a research idea or two ready to present to the university while applying.

How much time does it take to complete a PhD?

A PhD course in Management or Business, on an average, takes around three to five years to complete. The duration of the program and PhD program structure varies depending upon the country and university you select to continue your studies. Usually, the first two years cover the complete coursework that is part of the PhD program.

From the third year on, candidates can devote their time to identifying and working on their research problem, collecting and analyzing data and writing their dissertation thesis. This will be followed by qualifying exams or seminars or thesis defense or combination of the three as a final part of their PhD.

Why pursue a PhD abroad?

PhD is advantageous even in India, but a PhD abroad is loaded with upsides. Many students opt for a PhD abroad because of the following reasons:

✔ Wide Variety of research interests and topics for dissertations to choose from. ✔ World-renowned program supervisors, who are specialists in their academic fields. ✔ Substantial Stipend or Tuition Waiver to PhD students that amounts to $15,000 to $30,000 as compared to 25,000 to 28,000 rupees (less than $384) per annum in India. ✔ Increased facilities and exclusive access to museums, sites, information centers, archives or equipment. ✔ A well-funded network of Public Universities offering a number of academic instructors allowing students to choose from. ✔ Elaborate coursework of two to three years before dissertation research, enabling students to get in-depth knowledge of the subject. ✔ Option for lab rotations for students in their first year to effectively decide the lab they want to do their dissertation work in. ✔ Broad network and increased opportunities for placements in the top firms.

Top PhD programs after MBA

There are plenty of doctoral dissertation areas which are considered to be immediately marketable assets furnishing you with a competitive edge in today’s workforce. Following is the list of top PhD programs post-MBA offered by world ranking universities:

1. Behavioral Science 2. Accounting 3. Economics 4. Management Science & Operations Management 5. Marketing 6. Financial Economics 7. Finance 8. Econometrics and Statistics 9. Accounting & Management 10. Business Economics 11. Health Policy (Management) 12. Management 13. Organizational Behaviour 14. Strategy 15. Technology & Operations Management.

What are the employment opportunities after PhD?

PhD abroad post-MBA is a booster pack that gets you some of the most well-reputed and high-salaried jobs in the world.

A majority of students take up lucrative teaching opportunities in B-schools globally. There are also other esteemed positions including research associate, investment analyst, managing director, senior marketing manager, human resource manager, marketing manager, data analyst, business development manager, associate, business analyst, team leader, consultant and financial economist, that many students go for.

If you are thinking of breaking into academics or want to upgrade your career with a PhD from top universities abroad, we can help. Just a 15-minute session with our admission consultant will help you iron out your worries and give you a clear cut roadmap to chart a course to your dream PhD program. It’s free and absolutely worth your time!

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Doing a Ph.D. After MBA | Eligibility Criteria, Career Scope, Employment And Salary

Doing A Ph.D. After MBA: The ‘road less taken’ can be simply called for Ph.D. after MBA. Not many people is seen to pursue a Ph.D. in Commerce; as it is a field that does not attract and relatively unknown many pursuers.

In the academic field, Ph.D. after MBA is more useful than a professional one. initially; The ROI and opportunity cost for this course are also not up to par, however, by saying that, it does not mean that the course is not worth it or useless. If a Ph.D. is done right then it can be quite rewarding.

Ph.D. after MBA or Management

• Ph.D. Course Duration after MBA

Eligibility Criteria for Ph.D. After MBA

Can one do a ph.d. after mba, after mba available top ph.d. courses, how to do a ph.d. after mba, ph.d. after mba in india, can i actually do a ph.d. after distance mba, ph.d. after mba – in distance education.

• Ph.D. After MBA Abroad – Entrance Exams & Admission Process
• Top-Most Abroad Universities for Pursuing PhD after MBA
• Best Countries to Study PhD after MBA Abroad
• Ph.D. After MBA in USA

Ph.D. After MBA in Australia

Ph.d. after mba in germany, ph.d. after mba finance.

• Scope Of Ph.D. after MBA in Finance

Ph.D. in Management

• Career Scope, Employment, and Salary for Doing a Ph.D. after MBA
• FAQ’s on Doing A Ph.D. after MBA

As one may expect it to be, Ph.D. after MBA may not be as advantageous. After getting done with an MBA, rather than pursue a Ph.D., many prefer to increase their work experience, but if you are interested in doing research in the field of your interest, a Ph.D. may be the perfect course for a person to take up.

Ph.D. researchers or individuals also get a chance to do individual research and study, apart from the extensive knowledge which the course provides, which puts them quite apart from other managers.

• The course requires a lot of dedication and rigorous hard work in Ph.D.
• A lot of time needs to be invested by someone with a Ph.D., which can be tedious.
• The Ph.D. course combines practical application with theoretical knowledge.
• There are many practical methods and approaches like field studies, econometrics, experimental methods, etc., which are mostly used during Ph. D.s.
• For those who want to teach Management, Ph.D. is for them.
• The profession of the Professor is most sought after and reputable.
• Ph.D. researchers also work as consultants in top firms.
• Ph.D. increases their analytical skills and trains researchers.
• Because of their skillset, positions in analytics are offered commonly to Ph.D. researchers.
• One may not quite earn much before getting tenure, and the growth is considerably slow.

Do Refer: Career Objective for MBA

Ph.D. Course Duration After MBA

Depending on the research topic, methodologies, and time and labor investment, the duration for Ph.D. after MBA may vary.

On average, it may take 4 to 5 years for the completion of a Ph.D.. Depending on the country and institution, the duration may also vary.

Country Duration (Average)

• India –  3 years
• USA – 5-7 years
• UK – 3-4 years
• Australia – 4-6 years
• Germany – 3-5 Years

Eligibility Criteria for a Ph.D. after an MBA must be an MBA degree, as one may assume. But that’s not so.

There are many other criteria for eligibility, as well. To pursue a Ph.D. after MBA, one must fulfill being eligible for a Ph.D. after MBA, and the following are the criteria.

• One must have an acceptable TOEFL or IELTS exam score to prove their proficiency in the English language.
• One must also have a respectable, which may vary as per the university of GRE/GMAT score.
• Students must also submit their essays, transcript and SOP.
• Letters of Recommendation are required. At least 2 to 3 times to be submitted by the aspiring student.
• Oftentimes, an interview is conducted either online via video call or physically to test student’s eligibility and knowledge.
• Students must have a thesis statement or an idea and a dissertation ready.
• It is crucial that the students are well versed to have a clear idea and what they want to do about their objectives.
• The acceptance rate at top-rated Business Schools is around 3 to 5%.

Yes, one actually can do a Ph.D. after MBA. There are various business schools worldwide that offer Ph.D. programs after an MBA, which can be pursued.

For the MBA itself, some years of work experience is required by many schools. The Student may already have the direction they want to take in their life by choosing to pursue an MBA.

A Ph.D. after an MBA is not quite a popular choice, but many students still decide to pursue the research either for better opportunities or out of interest. To pursue a Ph.D., the criteria for eligibility include more than 50% or more marks in your post-graduation, and students are also required to take up an entrance exam. The field of Ph.D. is open for the Student or for anyone who has done an MBA.

A student may choose from several Ph.D. courses after MBA. Due to its vast scope, there is no dearth of specialization in the field of management.

As the Ph.D. in Management is an unexplored field, each research in each area is equally important.

There are several available courses one may take, like:

• Entrepreneurship
• Human Resource Management
• Commercial Law
• Operational Research
• Healthcare and Management
• Organizational Behaviour
• Computer Science
• Engineering
• Political Science

For students who actually want to do a Ph.D. after their MBA is done, there are many options. It is important that for the duration of 2 years, the MBA course the candidate has done.

The students must choose their work and field of interest in that direction and also most important.

Students always have the choice to pursue a Ph.D. in abroad or India. The application process for both remains more or less the same. To do a Ph.D. after an MBA abroad, one has to additionally give language proficiency exams like IELTS or TOEFL and exams like GMAT or GRE.

For India, exams like CAT are applicable.

• One must have a good score in their CAT exam and a two-year MBA degree.
• For admission in their Ph.D. courses, GATE or even UGC NET may be required at some top IIMs.
• A Ph.D. may actually vary from 3 to 5 years on average, and it is important to note that the duration.
• In the first year of Ph.D., the candidates are trained in research methodologies and subjects, etc. and are mostly dedicated to the coursework.
• In the second year, one may choose the area in which they will be conduction research and their specialization.
• It is often advisable that students actually choose the area for research in which they have specialized during their MBA. It is, however, not quite compulsory.
• A Ph.D. thesis is the most essential part of any Ph.D., and during their second year only, it is important that students start developing it.
• In the third year, after they have researched and collected data, a student is asked to present their thesis statement.
• After the first six months of the third year, students are free to write their research papers and Ph.D. and do their research.
• The whole process can be quite time-consuming, but the only trick here is to be very resilient.
• Yes, you can obviously do a Ph.D. after a distance MBA.
• The institute must be recognized by the UGC.
• Universities are not allowed to differentiate between the degrees.
• The degree earned and mentioned in the eligibility criteria must be in tandem.
• As the process for regular courses, the application process is as same.
• Candidates must submit their essays, SOPs, mark sheets, documents, etc., like any other regular candidate.
• Mostly on entrance exams and interviews, the admission in a Ph.D. program is based.
• Over the ones who did pursue their degrees via distance education mode, Some institutes may prefer regular students.
•  The decision is solely based on the discretion of the university to select a candidate or not.

In Distance Education, one can definitely do a Ph.D. after MBA, but few things actually need to be taken into consideration.

It is important and mandatory that the institution from where the candidate has pursued their MBA in Distance education form is recognized by any other supreme commission as relevant to the country or by the UGC.

Also, for the Ph.D. program, one is applying to, the degree must match the eligibility criteria as well.

Ph.D. After MBA Abroad – Entrance Exams & Admission Process:

If you are actually planning to pursue a Ph.D. after an MBA, especially from abroad, then the following points will help and guide you through the application process and entrance exams:

• For global universities, the application process is very different from the universities of India. You actually don’t have to give any entrance exam to pursue a Ph.D. after an MBA from abroad; rather, the GMAT / GRE score is needed to submit.
• Previous project and research work matter, LORs, SOPs, and a lot when you are actually looking to pursue a Ph.D. abroad. They increase the chances of getting selected by making your profile strong.
• For Ph.D. programs, most of the universities have a 3-5% acceptance rate. Thus, it is vital to make your application strong; get in touch with experts if you need any help regarding the same.
• You need to work on your specific thesis, submit it in the provided duration as the curriculum more or less remains the same in Ph.D., and complete your Ph.D. after MBA.

Top-Most Abroad Universities for Pursuing Ph.D. after MBA

For better assistance at the time of your research on Ph.D. Courses after completion of MBA, we have enlisted some of the significant academic universities that are globally famous for their advanced specialized courses on Ph.D. after MBA:

Best Countries to Study Ph.D. after MBA Abroad

Most of the popular abroad destinations for Ph.D. studies are UK, USA, Australia, Germany, and Canada. These countries are notable for their research doctoral courses so choosing the best country to study Ph.D. is a crucial decision. So, decide carefully by doing deeper research about the course and universities in all countries. Let’s have a glance at the top countries to study Ph.D. after MBA and their popular research universities below for some idea:

Ph.D. After MBA in the USA

Ph.D. after MBA in the USA is the most popular place; because of a highly research-friendly environment, it especially is a great place to pursue a Ph.D. after an MBA.

The USA offers students unlimited data and resources to facilitate their research as it is home to the top business schools. The amenities are quite good here, which are provided to Ph.D. researchers.

• University of Pennsylvania
• Harvard University
• Stanford University
• The University of California
• Columbia University
• Kellogg School of Management
• The University of Chicago
• Washington University
• Cornell University
• University of Michigan

Ph.D. after MBA in Australia is also home to many great universities, and it is a very pleasant place to be at.

Ph.D. programs after MBA are offered by many great B-schools present. For applying practical methods, there is a lot of scopes and here because of the way corporates and businesses are run here.

Students will be provided with quite a lot of opportunities to collect primary as well as secondary data and conduct researches.

• Australian National University
• UNSW Sydney
• University of Western Australia
• University of Sydney
• University of Melbourne
• University of Queensland
• Monash University
• University of Adelaide
• Queensland University of Technology
• University of Canberra

Probably the best place to pursue a Ph.D. after an MBA in Germany because of the varieties of facilities like the grant which are made available for students studying.

Germany has the best management programs and boasts of some of the best universities in the world as well. Many universities in Germany offer great guidance to students to help them in their research work and Ph.D. in management.

• University of Berlin
• University of Hamburg
• Technical University of Munich
• Heidelberg University
• Humboldt University of Berlin
• Karlsruhe Institute of Technology
• RWTH Aachen University
• University of Freiburg
• Bielefeld University

One of the topmost and popular specializations is a Ph.D. after MBA in Finance. The scope is vast, and the opportunities are quite endless.

Though the subject for those interested may seem challenging, it has a plethora of research ideas and opportunities.

Expertise in subjects like Mathematics and Economics is required by Ph.D. in Finance.

The top universities which are offering this program are:

• Indian Institute of Foreign Trade
• Narsee Monjee Institute of Management Studies
• The Centurion University of Technology and Management
• Birla Institute of Technology and Science
• Indian Institute of Management, Ranchi
• Indian Institute of Foreign Trade (IIFT)

Scope Of Ph.D. After MBA in Finance

Opportunities after opportunities are present in Ph.D. after MBA in Finance. There is a wide and deep scope of opportunities, and many companies to hire because of their skill and both practical and theoretical knowledge do look out for such candidates. Top companies seek to recruit candidates who have completed their  Ph.D. in Finance and  like the ones mentioned below .

• TATA Consultancy
• Genpact Technologies Ltd

One of the highest degrees of academic awarded in the study of management is a Ph.D. in management. For those seeking teaching careers and academic research as professors or faculty in the field of management at business schools worldwide, a Ph.D. in Management degree was designed.

Following are some Benefits of PhD after MBA

• Helps you become a better thinker:  More than just consume what has been taught in the classes, a good Ph.D. in Management program encourages you to do more – it teaches you to become a good thinker and create more. One will achieve newer levels of critical thinking by moving past passive learning, which you can apply in new ways in your field of interest as well as your career.
• To gain an edge:  A Ph.D. in Management is essential and immediately marketable, especially in today’s workforce, provide an asset that will give you a competitive advantage. A Ph.D. in Management proves the expertise in your field of study; you have an impressive level of credibility and a lifelong commitment to learning which will help you fulfill your professional goals.
• Become a competitive scholar-practitioner:  A Ph.D. in Management will give you the confidence and knowledge but present at them instead of just attending academic conferences. You’ll discover your write a dissertation, may find yourself authoring peer-reviewed articles published in your field’s leading journals, and may have a scholarly voice.
• Skills enhancement:  A Ph.D. in Management can actually help you enhance valuable skills and gain that are universally applicable to any kind of field. They are empowering you to make more of an impact in your current role by giving you expertise outside of your organization by the degree, which in turn helps people around you as well. You may find colleagues turning to you for guidance, Once you begin your studies.

Career Scope, Employment, and Salary for Doing a Ph.D. After MBA

Somewhere between 8 Lakhs to 18 Lakhs per annum, Ph.D. after MBA salary in India is depending upon whether you explore the academic domain working as a lecturer or academician or working in a corporate sector.

For graduates with a Ph.D. in Commerce-related specializations and Management below, we have elucidated upon the major employment sector:

• Teaching: A Ph.D.’s most popular career path post is that of becoming a professor or teacher. Most Ph. D.s in management or business pursue it in the first place to pursue a career in particular academics. Further, to hire Ph.D.’s like business school professors, most of the research universities prefer. Suppose you aim to become a part of Ivy League schools or other prestigious academic institutions because of this striking combination coupled with a few years of professional experience. In that case, you should definitely go for a Ph.D. degree after MBA. It can make you an ideal candidate for the position of lecturer or university professor at a business school. Nearly 75% of business ‘Ph.D. after MBA’ graduates at business schools become faculty members, to give a rough statistical description, and roughly 25% take jobs in the industry.
• Research: A Ph.D. involves extensive analysis and is quite a data-driven degree and in-depth assessment as it constitutes various submissions of a multiple research thesis as its incremental element. If you have planned to pursue a career in research, but combining it with a Ph.D. might give you the knowledge and expertise of both the research world as well as corporate, and an MBA is more of a route of professional to take. You can further enter various research sectors with a versatile skill set by getting the taste of both these areas, which will prove extremely useful in carrying out path-breaking contributions and case studies with the potential of bringing a newer light to the commercial industry.
• Corporate Sector: As a common myth, you might be told that in the professional world, a doctorate degree is of no use, but it is quite the opposite as a Ph.D. after an MBA can furnish you with the outstanding business acumen to fit the role of business consultants and analysts. As many of the doctoral scholars move further to become professors or researchers, only a small proportion of them head towards the industry. As this degree provides aspirants with the understanding of employing Ph.D. s derive wisdom from their theoretical and unique methodologies for analysis, which, when combined with the pragmatic training obtained during MBA, marks for a marvelous body of knowledge. You can explore varied prospects in entrepreneurship ventures as well as companies like SEC, JP Morgan Chase, McKinsey, and Morgan Stanley, which are known to hire Ph. D.s frequently.

FAQ’s on Doing A Ph.D. After MBA

Question 1. What Ph.D. should I get after my MBA?

Answer: For students who want to do a Ph.D. after their MBA is done, there are many options. The MBA course the candidate has done must be for the duration of 2 years, and it is important. The most common career path after that is chosen is teaching.

Question 2. Is an MBA higher than a Ph.D.?

Answer: Compared to a Ph.D. that takes 4-6 years, you can complete your MBA in 1- 2 years. It allows them to start their career far sooner for the student, so the MBA is considered advantageous.

Question 3. Can I do a Ph.D. while working?

Answer: Yes, you can do a Ph.D. while working, but this can only happen if you are keen to work. Working full time and doing a Ph.D. is not easy; you won’t make progress without constant effort.

Question 4. Can I do a Ph.D. at 40?

Answer: Yes, you can do a Ph.D. at the age of 40; most of the person who does this are mostly in the education sector. The only problem that comes up is that not all programs will be open for you.

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Ph.D After MBA in India: Courses List, Eligibility, Duration, Career Scope

Mar 4, 2024

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Ph.D. after MBA in India attracts numerous students every year. Find more information about eligibility, courses list, duration, career scope, and much more.

Ph.D. after MBA is a diversified course with various insights shared with the aspirants. The article below throws light upon various questions students would want to understand, right from Can I Do Ph.D. After MBA, to different Ph.D. courses in India and their criteria. The scope for the Ph.D. after MBA is very vivid and broader and helps in developing different skills as well.

• What kind of specializations are available in Ph.D. after MBA
• Ph.D. course duration after MBA
• How to do a Ph.D. after MBA
• Requirements for applying through Ph.D

Ph.D. After MBA in Distance Education

Benefits of ph.d. after mba.

• Why Ph.D. After MBA is better option

Career Scope and Employment Sectors

Top colleges for ph.d. after mba, what kind of specializations are available in ph.d. after mba.

There are many specializations offered in Ph.D.which carry along with them great benefits. So check out the most preferred and most popular disciplines offered in Ph.D.:

• Ph.D. in Commerce
• Ph.D. in Computer Science
• Ph.D. in Economics
• Ph.D. in English
• Ph.D. in Human Resource Management
• Ph.D. in Philosophy
• Ph.D. in Psychology

Other common Ph.D. Specializations after MBA

• Ph.D. in Accounting
• Ph.D. in Business Economics
• Ph.D. in Chemistry
• Ph.D. in Commercial Law
• Ph.D. in Education
• Ph.D. in Engineering
• Ph.D. in Entrepreneurship
• Ph.D. in Finance
• Ph.D. in Healthcare and Management
• Ph.D. in IT
• Ph.D. in Marketing
• Ph.D. in Operations
• Ph.D. in Organizational Behavior
• Ph.D. in Political Science
• Ph.D. in Statistics

Ph.D. Course Duration after MBA

The duration of the Ph.D. course duration after an MBA varies from the research topics, methodologies, institutions chosen or the time being invested by aspirants. Most of the time, the course duration also depends on the kind of country students have chosen. On average the completion of Ph.D. courses takes about 4-5 years.

How to do a Ph.D. after MBA?

A Ph.D. after MBA is a career option that is dynamic and vast. The scope for the same is as well increasing. Ph.D. after MBA can be pursued after the completion of an MBA from a recognized university with a duration of two years. Aspirants need to choose their field of research and interest. There are various entrance exams that the aspirants need to take such as CAT, UGC NET and so on.

Requirements for applying through  Ph.D.

Though the specific prerequisites might vary from one university to another, there are some general criteria for a Ph.D. after MBA or any other postgraduate program that every candidate needs to fulfill. The primary requirement is that of a master's degree in the related discipline from a recognized institution in which one is applying for a doctoral degree; if you are using for a Ph.D. in Business Administration, you need to have completed a postgraduate course like, MBA, MIM, among others. Along with these, you will be required to submit the following documents.

• English proficiency test scores, such as IELTS, TOEFL, etc.
• SOP and LORs
• GRE or GMAT scores
• An Updated Resume or CV
• Academic Transcripts

Many students start their work career after the completion of an MBA and so opting for Ph.D. after MBA in Distance Education is easier. There are various criteria institutes consider before admission. It is very important aspirants have completed their MBA from a recognized University(UGC). It's also necessary that the eligibility criteria be met depending on the institution chosen by the aspirants.

Before delving into the specifics of each Ph.D. after MBA program, we'll look at the benefits of a Ph.D. after MBA and why a Ph.D. after MBA is such a great career option.

• Ph.D. after MBA allows you to conduct research and in-depth study of concepts and specializations that you would not have been able to do during your MBA.
• MBA degrees provide lucrative career opportunities on their own, but after obtaining a Ph.D., MBA degrees become much more valuable.
• The research conducted during a Ph.D. after an MBA raises awareness of new business insights and trends around the world, allowing for more efficient business management.
• A person with a Ph.D. after an MBA can earn a good living. A top MBA College professor earns far more than an MBA degree holder.
• Ph.D. after MBA allows aspirants to work in the field of research in management, finance, or business, distinguishing them from other managers who only pursue an MBA.

Why Ph.D. after MBA is Better Option?

A Ph.D. is a data-driven degree that involves extensive analysis and in-depth assessment as it consists of submitting a research thesis as it is the essential thing in the assessment element. If you have been planning to pursue a career in research, an MBA is more of a professional route to take but combining it with Ph.D. benefits you with the knowledge of both the corporate and research world.

What makes a Ph.D. after MBA the most popular option? The Doctorate of Philosophy program allows for in-depth knowledge in the specialization field. Research and the most importantly offers an opportunity to conduct independent study, which would otherwise only be limited to the more practical and commercially useful MBA degree. The research training provides an awareness of cutting-edge developments and evolving new insights and solving various problems. Doctoral graduates have years of experience in data analysis and data-driven decision-making; they are practiced with multiple research methodologies.

While most doctoral graduates find positions as faculty in reputable business schools, a fraction of them carry on in post-doctoral studies or head towards industry positions. 

Ph.D. after MBA can furnish you with the quintessential business understanding to fit the role of business consultants and analysts. 

As many doctoral scholars move further to become professors or researchers, only a small proportion of them head towards the industry. Listed below are some of the jobs that one can get after completing their Ph.D.:

• Scientific Writer 
• Assistant Professor
• Research Assistant
• Chief Research Manager 
• Senior Professor 
• Senior Consultant

Ph.D. has scope for working in diverse fields right from the automobile industry to the NGOs. The areas of recruitment are:

• Chemical and Pharmaceuticals Industry
• Oil and Gas Industry
• Research Industry

So as now you are aware of the Ph.D. program, make sure you choose the best specialization that suits that motivates you to push further even harder. Make no mistake in selecting the specialization, so read thoroughly through the article and choose the best.

Some of the top colleges for pursuing a Ph.D. after MBA are listed below:

• University of Calcutta
• Amity University
• Amrita University
• Delhi University
• Andhra University
• Aligarh Muslim University
• BITS Pilani
• Manipal Institute of Technology

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Specialized Masters Applications Now Open

Take the first step toward jump-starting your future career in business by applying to one of our specialized masters programs..

• By Booth Staff
• July 18, 2024
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Chicago Booth’s specialized masters programs serve as a great next step for current seniors in undergrad or recent graduates who are looking to pursue a career in business.

Booth’s Master in Management  (MiM) is a 10-month program for recent college graduates who did not earn a bachelor of business administration degree. As a MiM student, you’ll have the opportunity to build upon the critical thinking skills you gathered in college while gaining foundational business expertise needed to thrive in the business world.

Booth’s Master in Finance  (MiF) is a 15-month program that targets recent college graduates with a quantitative background. As a MiF student, you have the opportunity to build upon your quant skills in order to secure roles in asset management, investment banking, or fintech.

Both programs offer a pathway to kick off your career in business with confidence. If you are interested in taking the next step toward positioning yourself for successful progression in the business world, we invite you to look at the information listed below as you begin preparing your application:

Specialized Masters Requirements

As part of the application process for both programs, you are required to submit your essays, two letters of recommendation, transcript(s), and standardized test score(s). We also require you to have graduated from or be on track to graduate with an undergraduate degree. We encourage you to check out our full list of application requirements for MiM  and MiF  as you start crafting your application.

*We accept the GMAT and GRE. There is no preference on which exam you should take.

Essay Prompts

Essay One: How will the Booth Master in Finance/Management help you achieve your immediate and long-term career goals? (Maximum 300 words.)

Essay Two: Graduate finance/management education is as much about personal growth as it is about professional development. We’d like to learn more about you outside of the classroom and work environments. Use this opportunity to tell us something about who you are. (Maximum 400 words.)

* Our Master in Finance Program requires candidates to submit a video essay component at the time of application as well.

Application Deadlines

Master in Management Program:

• Round One: October 10, 2024
• Round Two: January 9, 2025
• Round Three: March 6, 2025
• Round Four: May 1, 2025

Master in Finance Program:

• One Deadline: January 9, 2025

Don’t just dream about what you want your future to look like; build toward your dream career with Chicago Booth by pursuing one of our specialized masters programs. As you begin the admissions process, we encourage you to stay engaged with us ( MiM or MiF ) and reach out to us via email if you have any questions.

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