A Doctor of Philosophy in Business Administration program is the terminal degree of business administration studies. Focusing on advanced research and teaching competencies, this doctorate program delves heavily into the theory and analysis of business management techniques and strategies. Program specializations include financial management, marketing and management consulting. While students have a great deal of freedom over the specific focus of their studies, they are expected to perform well in written and oral candidacy examinations and meet regularly with supervisors. Ultimately, they must conduct extensive independent research and develop a final dissertation with both a written and oral defense.
A student applying for admission to a doctoral business administration program must have already completed either a bachelor's or master's degree program that satisfies a minimum amount of relevant prerequisite coursework. In some cases, bachelor's degree holders may be required to complete foundational courses related to business management before entering the doctoral curriculum, while in other cases master's degree holders may transfer a certain amount of credit hours into the doctoral program.
Ph.D. in Business Administration
Program participants garner extensive detailed and practical knowledge regarding numerous facets of the evolving global economy. At the same time, they can obtain the confidence and communication skills that are required of educators. Having already acquired significant knowledge of general business concepts in finance, accounting, electronic commerce and more, students proceed to more advanced studies in these fields and begin their own independent research pursuits under the guidance of department faculty and advisors. Graduate level coursework and seminars will focus on subjects such as:
- Economic theory and accounting principles
- Marketing strategies
- International finance and global business strategies
- Consumer trends
- Electronic commerce
- New product administration
Popular Career Options
Upon graduation from this doctoral program, students typically possess a tremendous amount of knowledge and expertise that can propel them to excel in a variety of business fields. Some common titles include:
- Marketing strategist
- Business consultant
- Corporate manager
- Economic analyst
- Collegiate business instructor
Employment Outlook and Salary Information
Employment growth for post-secondary teachers is projected to be faster than average at 11% over the 2018-2028 period, according to the Bureau of Labor Statistics (BLS) (www.bls.gov). Post-secondary business teachers at colleges, universities and professional schools earned an average annual wage of $108,280 in May 2018. The BLS expects an average decline of 5% for top executives over the 2018-2028 period, and the mean wage for chief executives was $200,140 in May 2018. Faster-than-average growth of 14% is projected for management analysts (including management consultants) over the 2018-2028 period. The May 2018 mean wage for analysts was $94,390.
Students in doctorate programs in business administration master economic, marketing and business concepts. Graduates of these programs can expect positive job growth as top executives, professors and management analysts.