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Blog Summary
A PhD in management prepares you for a career in academics and research. Also designed for people with extensive professional backgrounds and goals who wish to become experts or market leaders. It enhances your competency with scope for innovation. It enables you to study and make changes in the business process to improve productivity, provide unique insights with accurate and updated data, give you an entrepreneurial edge, provide you with scope for research, and discover new techniques to improve business processes. The course also focuses on expanding new approaches in management, economics, consulting, public administration, and several other related business fields. Stanford University, University of California, Harvard University, MIT, London Business School, etc. are some universities offering PhD in management.
If you have a mind for managing others and are interested in a productive degree, a PhD in management could be the right fit. From leading to marketing to even sales and education, no matter where you are interested, you can make that into your career and help organizations achieve success.
A PhD in management can help you with your professional goals irrespective of your career stream. Although intended for those individuals who are focused on the academic side of management, these degrees are also designed for people with extensive professional background and goals who wish to become experts or market leaders.
A PhD in management will further enhance your skill set competencies and allow you not just to be a highly competent but also innovate in the field of management. There are many benefits of a PhD after an MBA degree, especially for a tenured candidate.
An Outlook
According to the US Bureau of labor statistics, the demand for managing personnel is around 16% growth annually, which is above average compared with many other professionals and with professionals offered a median salary of $85,260 per year. And with technological developments giving way to expansion in existing organizations and giving birth to new ones, a PhD degree is most likely to heighten career prospects by enhancing potential earnings.
Advantages of a PhD in Business Management
Apart from the usual incremental pay and boost up the career ladder. PhD candidates also experience some unique and significant advantages over their peers, such as.
Enables You to Take up the Role of a Social Scientist for Organizations
With your talent, training, and exposure, you will be able to explore your understanding of the advanced inner workings of firms and experiment with them to bring out productivity and efficiency. Candidates may also choose to innovate with their entrepreneurial endeavors.
Discover How Science Influences Business
Unlike an MBA degree, a PhD in management will educate candidates with a dynamic version of the world of business. A better understanding of the world through mathematics and science enables candidates to see the dynamic nature of the world of business, which, in turn, provides accurate and updated data to discover unique insights and make informed decisions.
Provides You With an Entrepreneurial Edge
A majority of students instill an entrepreneurial mindset even after completing their PhDs in management. A PhD helps you by providing you an edge with an eye for advanced business insights and research skills that aid you in making better decisions.
Move Ahead into the Field of Research
The plethora of options to pursue your research can make it highly-uncertain to stick to a single genre. You can craft your thoughts into a journal paper and even go ahead to patent your unique method of research or theory.
Top 15 Business Schools Offering a PhD in Management*
Without further ado, and no particular order, let’s look at the top 15 business schools offering a PhD in management programs across the world.
01. Stanford University
Course: PhD in Management Science and Engineering
Location: USA
Course Structure: Full-Time
Stanford is home to the prestigious Graduate School of Business also offers a customizable degree for business graduates looking to upgrade their qualifications.
02. University of California, Berkeley
Course: PhD in Management of Organizations
Location: USA
Course Structure: Full-Time
Serving as the flagship campus of the University of California Berkeley is one of the most sought after business schools in the USA.
03. Harvard University
Course: PhD in Management
Location: USA
Course Structure: Full-Time
As one of the most respected and oldest universities in the world, Harvard offers a PhD program in management, where students in this track examine how principles and concepts from disciplines such as operations management, and technology organizational economics, organizational behavior, and competitive strategy can be utilized to and further developed to understand organizations.
04. Massachusetts Institute of Technology (MIT)
Course: PhD in Technological Innovation, Entrepreneurship, & Strategic Management
Location: USA
Course Structure: Full-Time
MIT’s PhD in Technological Innovation, Entrepreneurship, & Strategic Management (TIES) program focuses on two areas: commercialization of technology-based innovation and the organizational development in existing firms. The structure, growth, and development of technology-based enterprise. To guide students to integrate these fields in their studies or address them as separate elements.
05. London Business School
Course: Management Science and Operations PhD Programme
Location: UK
Course Structure: Full-Time
With a world-class research facility and experienced faculty with expertise in data mining and analytics, machine learning, decision modeling, analysis optimization and energy, health services, and financial engineering, students experience a world-class learning experience.
06. McGill University, Desautels Faculty of Management
Course: PhD in Management
Location: Canada
Course Structure: Full-Time
The Desautels Faculty of Management at McGill, a renowned university offering worldwide cutting-edge research, provides a PhD program in management, where exceptional students lead fundamental analysis at the frontiers of management practices and knowledge.
07. Rotterdam School of Management
Course: PhD in Management
Course Structure: Full-Time and Part-Time
Erasmus Doctoral Programme is a challenging, cutting-edge program that will bring out the very best from a student. The course is crafted to make students a learner, teacher, scientist, and overall an influential thinker in the international field of management research.
08. Asia Pacific University of Technology & Innovation (APU)
Course: PhD in Management
Location: Malaysia
Course Structure: Full-Time and Part-Time
APU’s PhD in management program is aimed to enable students to keep pace with the expanding frontiers of knowledge in management and broader social sciences around the modern world.
09. LUISS
Course: PhD in Management
Location: Italy
Course Structure: Full-Time
LUISS’s PhD program in management aims to cultivate international business economists competent in contributing to the progression of knowledge and expanding the verges of research in the managerial disciplines.
10. Moscow State University Graduate School – MSU
Course: PhD in Management
Location: Moscow
Course Structure: Part-Time
MSU’s Doctoral program (PhD) is structured to promote academic research in applied management and economics. The PhD program is crafted for candidates with exceptional intellectual abilities and a strong commitment to research.
11. Hong Kong University of Science and Technology
Course: PhD in Management
Location: Hong Kong
Course Structure: Full-Time and Part-Time
HKUST’s PhD program aims to develop outstanding scholars who can become significant patrons to the frontiers of management knowledge by publishing their work in the best management journals and teaching in major research universities around the world.
12. Heriot-Watt University Dubai
Course: PhD in Management and Languages
Location: Dubai
Course Structure: Full-Time
Heriot-Watt university’s PhD program in the School of Social Sciences grants students unique chances in the region to research issues of relevance globally. The program provides opportunities for research in business, international human resource management, cross-cultural management, equality and diversity, Emiratisation and other nationalization policies, marketing, sustainability, accounting, finance, and corporate governance.
13. Nanhua University Institute of International and Cross-Strait Affairs
Course: PhD in Management
Location: Taiwan
Course Structure: Full-Time (1-Year Course)
NUI aims to improve the learning effect and provide diversified learning modes to its students and enable them to participate in the actual working environment as early as possible (The course duration is only one year). The course combines the theory with practice and cultivates students to become business talents with professional knowledge that is accompanied by real-world practical skills.
14. Amity Business School
Course: PhD in Management
Location: India
Course Structure: Full-Time and Part-Time
Ranked 6th in all India business schools on the Economic Times Ranking Survey, Amity Business School is a reputed school in the Indian subcontinent. The course helps prepare students to conduct high-quality research relevant to private or public organizations and communicate research findings through teaching and writing.
It also helps students with the varied responsibilities and opportunities of careers in research and education or for positions requiring comparable research and analytical skills. Graduates can advance in jobs within various fields, including consulting, banking, accounting, management, marketing, teaching, and human resources.
15. Taksha Smartlabz
Course: PhD in Management
Location: Guyana
Course Structure: Distance and Blended Learning Program
In an academic partnership with the University of Central Nicaragua(UCN), Taksha Smartlabz (TSL) offers an online PhD in management program that aids students in gaining scholarly knowledge of current management concepts and business practices. The program also empowers students to formulate new business and management strategies for leading people in an increasingly connected global society.
The curriculum will prepare you to traverse wide-ranging career opportunities in research, academics, and business consulting domains. The program also offers case studies, Contextual, and Capstone projects aimed at improving students’ knowledge in real-time global business scenarios.
How to Choose the Right PhD in Management Program
PhD programs in management focus on qualifying candidates for academic careers and to conduct highly specialized research, both in application and theory. The course also focuses on expanding new approaches in management, economics, consulting, public administration, and several other related business fields.
Many universities are now offering online PhD in management degrees. These online PhD in management courses provide flexibility and the ability to learn at one’s phase, which traditional courses lack.
There is no single best university for PhD in management. All the universities offer something different to their program. One must keep in mind that every course is unique, and some fit better for individuals than others. Here are some guidelines that can help you narrow down your search.
For eligibility, almost all the business schools accept MBA for PhD admission as long as it is from a recognized university or business school.
Take Your Time and Define Your Expectation
Committing to a PhD program is a monumental task, and one should consider looking into the expected outcome to weigh the effort required to complete the course successfully.
Pair Passion to Practicality
Your area of research should not only appeal to your brain but to your heart too. Passion takes people through tough times, and pairing them with practicality will also help you see things from a practical perspective.
Curriculum
Getting familiar with the curriculum will help you understand the course better. It should also be noted that most programs offer a similar curriculum barring some minor changes. Students should make sure of the topics that are aligned with their career goals.
Course Structure and Duration
Candidates also have the option of pursuing the course form a full-time, part-time, and online program structure. Online courses are the nom as they offer flexibility and the opportunity to learn the program at one’s phase. Typically, PhD takes three years to complete.
With this, we hope that you will be able to make a sound decision regarding your choice of pursuing a PhD in management degree. Good Luck!
*The top 15 schools have been listed based on various study reports listed in search engines like Google, Bing, or similar browsers.
