A Ph.D. program in international business can consist of theoretical, classroom-based instruction, practical training in real-world settings, and independent research projects. Students collaborate closely with faculty members. A dissertation is also required and commonly consists of rigorous, original academic research on a topic relevant to international business.
Applicants to such a program are required to hold at least a bachelor's degree from an accredited college or university. Students who have not successfully completed appropriate business-related courses or lack a solid undergraduate foundation in quantitative subjects, such as calculus and economics, may be required to take developmental courses before beginning doctoral-level coursework. In some cases, a student who doesn't hold a master's degree in business may also be required to satisfy additional requirements.
Doctorate's Degree Programs in International Business Administration
Students can be taught to apply the principles of disciplines such as finance, management, marketing, and economics to the intense study and analysis of the increasing interdependence of national markets and corporations. Some specific skills that students in these programs may acquire include analyzing the theoretical and contextual bases of research data, mastering the basic elements of argumentation, and communicating complex ideas in a concise manner. Other topics of study in this program may include:
- Managerial economics
- International marketing
- International finance
- Capital markets
- Game theory
Popular Career Choices
Graduates of these degree programs may acquire jobs in a diverse range of other professional settings, including the non-profit sector, government, and business. Nonetheless, this program's strong research and scholarly foundation is particularly suitable for academic and research-intensive occupations, such as:
Employment Outlook and Salary Information
Average growth at a rate of 13% is estimated for post-secondary teachers during the 2014-2024 decade, according to the U.S. Bureau of Labor Statistics (BLS, www.bls.gov). Median earnings for post-secondary business teachers were $75,370 in May 2015. Management consultants, which are called management analysts by the BLS, should have fast growth of 14% over the 2014-2024 decade. Median earnings for analysts were $81,320 in May 2015.
A Ph.D. program in international business covers international economics, marketing and finance concepts in-depth while also allowing students to focus on a particular area of interest for their research. Graduates often work as professors or management analysts, both of which are expected to have positive job growth.