To highlight their knowledge of the practical applications of management, doctoral students must commonly complete a dissertation project and defend their research in front of an advisory committee for graduation. Typically, coursework requirements must be completed within the first year of a program with the remainder of the time being spent on the dissertation project. Students may also have the opportunity to participate in internships or other practical work experiences. The length of this type of doctoral program may vary anywhere from 3-7 years.
Applicants to these programs need a master's degree in a business-related field, prior management experience, and acceptable graduate admission test scores. Personal essays and letters of recommendation may also be required.
Doctoral Degree in Management
While the research project plays a large role in the curriculum, students also complete coursework designed to help advance a student's level of knowledge in topics related to business. Topics may include:
- Research methods
- Global business
- Statistical analysis
Popular Career Options
According to the U.S. Bureau of Labor Statistics (BLS), top executives usually hold a bachelor's or master's degree (www.bls.gov). However, advancement is often due to expanded knowledge in their field, which can be gained through a Doctor of Management program. The BLS stated that expanded knowledge in technology, the global market and industry trends can help individuals advance into positions that include:
- Chief Executive Officer (CEO)
- Chief Information Officer (CIO)
- Chief Operation Officer (COO)
Employment Outlook and Salary Information
Top executive employment is expected to increase by 6% over the 2018-2028 decade, reports the BLS. Strong competition is also expected since there aren't enough positions for all interested applicants. Mean earnings in May 2018 were $200,140 for chief executives and $123,880 for general and operations managers.
A doctoral degree in management is a terminal degree that combines classwork, research and real work experience to train students in business and leadership. Graduates can expect positive job growth as top executives and may find employment as chief executives and operations managers.