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Blog Summary
DBA (Doctor of Business Administration) PhD in MBA (Master of Business Administration) might appear to be the same for those who are not aware of the subtle differences between the two. Doctor of Business Administration is applying knowledge in real-time business scenarios were as PhD in Master of Business Administration is an academic accomplishment that holds a lot of potential for those who want to do research in the theoretical aspect of business administration. Unless you are an academician, understanding the difference on first reading might be a bit confusing, but difficult to comprehend. There are several reasons why it is suitable for you to opt for a DBA after MBA. The most basic reason however is you will stand out from the crowd, because, DBAs are scarce. The preference for DBA is due to the practical experience they bring with them when they are recruited for a job. There are several other reasons too for potential learners to choose DBA such as better pay packets, the opportunity to travel, and the possibility of becoming the head of a large corporation or a multinational enterprise after some time of practical experience. Principally why learners planning to sharpen their academic accomplishments choose DBA are: Opportunity to Choose between Multiple Career Paths; the Opportunity to Learn The Most Advanced Skills and Techniques and more. Taksha Smartlabz in association with the University of Central Nicaragua (TSL-UCN) is a preferred choice for business management professionals who want 100% Doctoral Faculty, Unique Flexibility, and an opportunity to keep the present job and complete the Doctor of Business Administration program online.
Before learning why you should pursue a DBA after an MBA degree, let us see what it is. It is a terminal business-focused degree that offers you practical knowledge. Further, you can apply the knowledge mentioned above in your work life.
Introduction: DBA after MBA
Getting a DBA degree is much different than choosing a PhD in business administration. A PhD is better for students looking to pursue a research-oriented career at a later stage. In contrast, DBA students focus on the theoretical knowledge that one can apply in practice.
The doctor of business administration (DBA) degree sets you apart from the crowd. It helps you move forward and pursue high-level business education. In fact, you can come up with the best solutions for the most challenging problems you face at your workplace.
The different schools offering the DBA programs require 60 credit points for enrollment. And, they offer you flexibility by providing both full-time and part-time courses.
The program focuses on sharpening your skills for better data analysis. Also, it helps in promoting strategic and rational decision-making.
The coursework covers various aspects that include market analysis and trend-tracking. Additionally, it covers corporate and nonprofit management techniques. Also, you get the opportunity of pursuing different professional certifications.
The main areas of concentration include:
Management
This area of study emphasizes strong leadership and communication skills. This course helps students build on their knowledge of various aspects of a business. The aspects include organizational theory, human resource development, and strategic management.
Accounting
The DBA degree helps you examine the various accounting ethics, applications, and compliance. Additionally, it enables you to explore multiple accounting tools.
Finance
Finance concentrates on preparing students for various advanced roles. It includes taking up positions in the finance management sector.
Read Also: DBA vs. PhD: All You Need to Know as a Business Professional
Reasons to Opt DBA After MBA Degree
There are several reasons why it is suitable for you to opt for a DBA after MBA. Let us see what those reasons are.
- MBA Degrees Are Abundant, And DBA Will Help You Stand Out
The DBA degree will allow you to explore specific advanced tools and research skills. Likewise, it will help you develop strategic planning and better decision-making skills. If you plan on increasing your chances of holding the top leadership positions, it is best to seek a DBA degree.
In most cases, HR always refers to candidates with a higher qualification in the field. Graduating with a DBA degree will help you demonstrate your commitment to learning.
- The Opportunity To Learn The Most Advanced Skills And Techniques
HR will most probably choose a DBA graduate over an MBA. Additionally, this course will allow you to learn and advance your skills. The coursework for DBA is rigorous, and you are sure to achieve a lot from it. Additionally, employers look for these skills while hiring for top positions.
Your continued research on the various skills will allow you to manage issues better. And scientific methods will form the basis for your research. Also, you will be able to contribute to developing managerial knowledge.
- An Opportunity To Choose Between Multiple Career Paths
The requirements to join a doctor of business administration program are high. But finishing this course will allow you to choose from various high-paid jobs. Your managerial and decision-making skills will help you qualify for the senior-most positions. You can also choose to pursue your career as a researcher or a consultant in the top firms.
A DBA in TSL-UCN will provide you the skills and techniques you need to get leadership positions. Your thorough knowledge and practical skills will help you overcome any challenge.
- Get Higher Salaries
The doctor of business administration requirements is high. And you will put in a lot of effort to complete the degree. So the employers offer you a higher salary owing to your qualifications.
You will receive six-figure salaries in the top MNCs. In contrast, you will surely get higher pay than the rest of the employees in the smaller companies.
- Challenge Yourself In Every Step
For a business to become successful, continual growth is necessary. The DBA degrees online offer you an excellent way to grow further. Your skills will allow you to research a situation and provide swift solutions.
Careers You Can Pursue With A DBA After MBA
Now that we have learned what a DBA degree is, let us look at the various job opportunities. The best part of getting this degree is that it doesn’t limit your path to a single line of careers. It is a versatile degree, and it helps you seek jobs and employment in a range of fields.
- C-Suit
The standard career option that DBA graduates choose is that of a corporate executive. An MBA will only allow you to occupy certain executive-level positions. But the DBA degree will offer you higher roles like CEO, COO, and other top suit roles.
- Consultant
Holding a DBA degree will make you the perfect candidate for a consultant. You can offer the businesses your knowledge to help solve various situations. And your solutions can help them increase their business profit.
There are two exciting job roles you can fill as a consultant. They are the business operation specialist and the market research analyst.
- Economist
The DBA degrees teach you how to understand economic indicators and trends. Also, it qualifies you as an economist. You can share your feedback with policymakers and business leaders to help them grow.
- Logistician
As a logistician, you must plan out the life cycle of various products from conception to sale. With a DBA, you can easily handle the complex planning and oversight that is needed.
Why Choose TSL-UCN For Pursuing Your DBA After MBA?
We are one of the top schools committed to the success of our students. We offer our students personal attention and the best faculty to help them build a career in the field.
100% Doctoral Faculty
We only offer you the best in the field, and all our faculties have completed their doctoral degrees. We only choose teachers who have completed their degrees in regionally accredited institutions. It allows them to follow the discipline to develop and teach the curriculum.
We Offer Unique Flexibility
We understand that you might not be available to pursue a full-time course. So we offer you DBA programs online that offer you the flexibility to attend weekly classes. You can efficiently work and pursue your course without having to skip a semester. Our course is suitable for working professionals, military personnel, and international students.
