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Is it Possible to Get My PhD After My MBA?

In academia, numerous accomplishments can be achieved. You can earn a dual degree and have expertise in multiple fields, or further your career potential by going back to school . But what about progressing from an MBA to a PhD? 

In regards to higher education, many consider earning a PhD, or doctorate degree, the pinnacle of success. Usually, due to passion for a particular industry or subject, a PhD candidate will spend years of rigorous research to unpack its intricacies and become a leading expert in the field.  At the end of their studies, they are able to finally see their work come to fruition when they receive their doctorate and join alongside other scholars. However, is it typical for an MBA graduate to move onto pursuing their PhD? And is there a specific purpose? Are there different types of PhD programs? What is the difference between a PhD and DBA?

To answer the budding question: yes, you can pursue your PhD after earning your MBA, and choosing to earn a doctorate is entirely up to you and your aspirations. To help you better understand if getting a PhD is the right choice, we look at the path an MBA graduate can take to earn their PhD, one of the higher purposes of a doctorate, and the different types of academic programs. 

What is a PhD, and What is it Used For? 

By definition, a PhD is a Doctor of Philosophy in a particular discipline, which is why it's also referred to as a doctorate. This focus is typically for individuals highly passionate about a specific subject matter, driven by the pursuit to understand it better through rigorous research. A majority of students seeking their PhD are eager researchers, although there are always exceptions, and each carries out years of highly intensive research to conclude their original thesis and earn their doctorate. 

In terms of translating your education into a career, a doctorate can be used in a plethora of fields, especially if one’s thesis is around a wider subject matter and can be a discipline applied to various industries (take organizational development, for example). For those who are passionate about a career in research, a doctoral degree is a perfect fit. Possibly the most popular field for those with a doctorate is a fruitful career in academia, teaching their subject matter to others interested in the same area. Many graduates become faculty members at business schools upon completing their PhD and provide their expertise to their students. Regardless of which industry you choose, you can be assured that a PhD will provide you with numerous opportunities. 

How Long Does it Take to Progress from an MBA to PhD?

The timeframe for earning your PhD can vary depending on program and location. Many countries have varying timelines of how long the completion of a doctoral program will take. In the United States, the average is around 4-5 years of completion after receiving your Master of Business Administration. 

Do You Need an MBA to Get a PhD?

To be accepted into a doctoral program, you must have a master’s degree. It does not have to be a Master of Business Administration, but it does need to be a master’s of some form. Depending on your area of specialization, it could be advantageous to earn your MBA in pursuit of a PhD if you are planning to embark on a career in business upon completion of your doctorate. Additionally, one important aspect to consider is the program itself. It is important to look into a program’s requirements before applying to meet the eligibility criteria. 

The Difference Between a DBA and a PhD 

For those specifically interested in a career in business, a Doctor of Business Administration (DBA) is a highly beneficial doctoral program. A DBA focuses on a broader spectrum of business disciplines, dedicating research toward multiple corporate facets, and practical implementation. On the contrary, a PhD narrows into a specific area of discipline and research, emphasizing theory, and it’s potential implications. While both are heavily centered around research and implementation, a DBA sets business executives and leaders on a path to discover new possibilities for their organizations and businesses. In a way, it allows established business professionals to “trailblaze” the way for new and innovative ideas that can disrupt the market and set a precedent for the future of business.

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Doctorate of Business Administration (DBA) Overview

A doctorate in business administration is tailor-made for busy business professionals. Learn more about this degree and whether it might support your career goals.

Earning a Doctorate of Business Administration (DBA) offers a path toward personal and professional advancement in business. This relatively new degree, first offered at Harvard Business School in the early 1950s, is an option for professionals who want to deepen their understanding of business practices and pursue education beyond the Master of Business Administration (MBA) level.

While typically less well-known than the related MBA and PhD degrees, a DBA may be worth your time, especially if you're interested in practical, hands-on learning and an academic environment where you can explore research-based solutions to challenges you're facing in the business world.

What exactly is a Doctorate of Business Administration?

A Doctorate of Business Administration is a professional degree designed for individuals who want to expand or develop their business skills. Those who pursue this degree typically have experience owning, managing, or operating a business. This allows them to experiment with the theories they study in a real-world situation and seek solutions to problems they may encounter in the course of business operations.

Although the degree focuses on business theory and practice, it differs from an MBA or a PhD in Business Administration. The coursework in an MBA program tends to cover topics relevant to general business management, while a DBA program typically allows for more individual study in a specific area. A PhD program may be more beneficial to you if you want to do academic research or teach at a university.

Typical concentrations in DBA programs

Depending on your school, you may have to select a concentration within your DBA program. Others allow you to incorporate the areas you want to study into your research, creating a built-in concentration to meet your individual needs. Some common concentrations you may find in DBA programs include:

Accounting: Explore investments, taxes, and other topics for a career as an analyst, manager, or chief financial officer.

Business management: Study methods for implementing change and managing people and projects for roles as a consultant, department or division manager, or executive.

Finance: Dive into tools for financial modeling, analysis, and decision making used by financial analysts, CEOs, CFOs, and consultants.

Health care leadership or management: Examine laws, regulations, and systems specific to the health care industry to prepare for positions like hospital administrator, facility director, or executive.

Is a doctorate in business administration worth it?

People have many different reasons for getting a DBA, including learning more about the latest research and theories that apply to their business, qualifying for a new position, or positioning themselves as experts in the field. Some want to transition into a role as an instructor and mentor for the upcoming generation of business leaders. Others see the coursework as an opportunity to explore problems affecting their industry and identify possible solutions.

No matter why you decide to work on this advanced degree, you're likely to enjoy the challenge of the work and find plenty of practical applications for it. Along the way, you may be able to expand your business management skills and distinguish yourself from other business leaders who work in similar roles. 

Specifically, you can refine your ability to identify and frame problems, seek solutions for them, and share your findings with your team. This competitive advantage may be helpful when you're up for a promotion or applying for a position with another company.

Earning a DBA can also increase your earnings potential and job security. The US Bureau of Labor Statistics reports that people with a doctorate tend to have lower rates of unemployment and higher wages than those with a master's or bachelor's degree. In 2021, the unemployment rate for individuals with a doctorate in the United States was 2 percent lower than for those with a bachelor's degree [ 1 ]. Here's how the median weekly wages of the different degrees compare:

Doctorate degree: $1,909 

Professional degree: $1,924

Master's degree: $1,574

Bachelor's degree: $1,334

What can you do with a doctorate in business administration?

The knowledge and skills you develop as you earn a DBA apply to many different areas in business. You can use your degree in various careers, including business administration, executive positions, market research, and more. After graduation, you may find that your newly enhanced skills boost your performance at work, and this may put you in line for a promotion and higher salary — that may or may not be with your current company.

With your doctorate, you may find work in private and non-profit sectors. You may decide to strike out on your own and start your own company. Whether you stay with your current employer or look elsewhere, here are some of the roles you may consider:

Analyst: $93,000

C-suite executive: $98,980

Economist: $105,630

Information systems manager: $159,010

Human resources director: $126,230 

Professor: $76,640

Organizational manager: $105,310

*All data represents median annual salaries in the United States according to the BLS (May 2021)

Read more: 10 In-Demand Jobs You Can Get with a Business Degree

What will you learn in a DBA program?

In a DBA program, you study current research and theories about business practices, including topics like leadership and decision making, as well as how to conduct research at the graduate level. These courses typically build on content taught in MBA programs and help prepare you to work on your dissertation and residency. You can divide the content you may encounter into three broad categories: theory, research, and problem-solving.

Business and management theory

Business and management theory classes address topics like how to lead organizations in the current environment, set up and manage teams of people, and identify strengths and areas of concern in personnel, as well as corporate governance and ethics. These courses help establish the foundation of knowledge you use as you progress through the curriculum. You may apply one or more of the theories you study in your daily work life to deepen your understanding of the merits and deficits of the thinking. This also can inform your research. Examples of these courses include:

Entrepreneurial Behavior in Organizations

Influences and Limitations on Executive Decision Making

Leadership to Create Human Value

Leading 21st Century Organizations

Quality Improvement and Organizational Change

Research principles, philosophies, methods, and design

For many DBA students, researching questions and finding solutions to problems is one of the more exciting parts of a DBA program. The curriculum typically includes introductory courses in research methods and experimental design, as well as how to read and analyze articles from scholarly journals. Sample courses include:

Advanced Statistics and Applications

Archival Research Methods

Creating and Disseminating Research Knowledge

Defining the Dissertation Research Problem and Research Question

Qualitative Research

Contemporary issues and concerns

DBA programs usually include opportunities for students to learn more about contemporary issues that today's business leaders may need to address in their work. These courses can cover topics like global warming, scarce resource management, and cultural responsiveness in the workplace. Depending on the specific curriculum at the school, you may take classes that specifically address these topics or find them embedded in the theory and research courses you take.

How to choose a DBA program

When choosing a DBA program, consider how the program's design and curriculum fit into your schedule and align with your personal and professional goals. You may prefer a fully online program if you're already working full time and have personal obligations. Alternatively, you may prefer attending classes in person because it gives you a chance to give your full attention to the work without distraction. Some schools offer a hybrid course schedule with online classes and weekly or monthly face-to-face sessions.

The good news is that most schools design their DBA programs for working professionals. Not only does this let you keep your day job while you work on the degree, but it also means the professors may be more understanding when an emergency arises. They also try to arrange students in cohorts, so you have an opportunity to develop relationships with other students, share your knowledge, and support each other.

How to get a Doctorate of Business Administration

To get a Doctorate in Business Administration, you have to apply to, be accepted by, and complete a program at a school that offers the degree. Each school sets its own admission requirements, and these may include an MBA or relevant master's degree, professional experience, and evidence of a promising research project. The school may also ask you to explain why you want to earn the degree and whether you have time to commit to the program.

The DBA application process

The DBA application process usually starts when you complete the school's application and pay the application fee. You'll include details like your contact information, education, work experience, and why you're interested in the program. Some schools also ask for professional references and proof of English language proficiency at this stage.

If you make it through the first stage in the process, you may be invited to interview. During the interview, you have an opportunity to demonstrate your critical thinking and communication skills and share what motivates you to complete the degree program. The school wants to see evidence that you will complete the program.

The school you choose may also have additional steps in the application process. This can include an on-site campus visit where you can talk face-to-face with staff. Others may ask you to submit GRE scores or academic references. They will use all the information they collect to evaluate your candidacy.

For many, the first step toward a DBA is earning an MBA. Check out programs like the Master of Business Administration degree from the University of Illinois at Urbana-Champaign, available on Coursera. You can earn this degree in as little as two years from anywhere with an internet connection.

If you already have an MBA, you may prefer expanding your business knowledge and building skills by earning a Professional Certificate such as the Google Digital Marketing & E-commerce Professional Certificate . Learn the basics of digital marketing, including how to set up and market an online store and measure its performance. This can help you choose an area of focus when you're ready to start your DBA courses.

Frequently asked questions (FAQ)

Is a dba the same as an mba ‎.

The DBA is not the same as an MBA, but the two degrees share some similarities. Both degrees can be considered terminal degrees for business management professionals. However, fewer people have completed a DBA program, which can help you stand out when you apply for a new job or are up for a promotion. ‎

What is the difference between a DBA and a PhD in business administration? ‎

The most significant difference between a DBA and a PhD in business administration is the focus of the research. A DBA program typically emphasizes applied research and inquiry, while a PhD program tends to encourage theoretical research and the relationship between business theories and their effects on people. DBA graduates are often more likely to pursue careers in the business world, and PhD graduates tend to go into academia. ‎

Is getting a DBA worth it? ‎

Getting a DBA may be worth it if it helps you meet your personal or professional goals, like a new position or enhanced leadership skills. If your goal is to land a specific job, find out the requirements for the position and whether the DBA will help you meet them. Even if you don't have specific career goals, you will likely discover that a DBA program gives you a place to examine problems, explore ideas, and develop strategies that you can use in your personal and professional lives.

Ultimately, the answer to this question is a personal one. Collaboration, personal development, and knowledge building can be more beneficial than a salary for some people. ‎

How much does a DBA cost? ‎

The cost of a DBA depends on the school you choose, but tuition typically ranges between $500 and $1500 per credit hour. This does not include course, application, and registration fees or charges for reading the dissertation and graduation. Overall, you can expect to pay between $34,000 and $125,000 or more for the degree. ‎

Related articles

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Article sources

1. US Bureau of Labor Statistics. " Education Pays, 2021 ," https://www.bls.gov/careeroutlook/2022/data-on-display/education-pays.htm." Accessed June 20, 2022.

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This content has been made available for informational purposes only. Learners are advised to conduct additional research to ensure that courses and other credentials pursued meet their personal, professional, and financial goals.

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MBA/PhD with the Yale Graduate School of Arts and Sciences

The joint-degree program offers an MBA in combination with a PhD in the sciences or humanities from the Yale Graduate School of Arts and Sciences.

An MBA may be pursued in combination with a PhD in one of a wide array of  areas of study , in the biological sciences, engineering and applied sciences, the humanities, the physical sciences, and social sciences. An MBA/PhD is not available in the  management disciplines .

Students typically complete both degrees in approximately seven years, rather than the eight or more that would be required if the degrees were pursued separately. Programs are highly customized to fit each student's individual course of study, and are generally determined at the time of admission. Students must complete one full year at Yale SOM, during which they complete the integrated MBA curriculum, and one year taking courses at both schools. Students typically begin their full year at Yale SOM after PhD qualifying exams have been passed.

Students receive financial support from the Graduate School of Arts and Sciences during the semesters in which they are enrolled there. They pay tuition during the three semesters during which they are enrolled at Yale SOM.

Learn more about admission to the Yale School of Management. Learn more about admission to the Yale Graduate School of Arts and Sciences.

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MBA after PhD

• Updated on  
• Apr 14, 2023

A qualification, regardless of level and field of study, will never be a waste; one just needs to realize how to use it wisely and appropriately. As we navigate through life we shift our perspective and interests, our education choices, therefore, need to reflect this. Usually, students with PhD do not plan to study ahead, but MBA is an opportunity that it is not easy to let go, especially as it allows professionals to enter the corporate world with great opportunities ahead. In this blog, let us understand what it takes to study MBA after Ph.D . 

This Blog Includes:

Benefits of mba after ph.d., who earns more mba or ph.d., top mba entrance exams, top indian universities for mba, top foreign universities for mba, top 6 countries to study mba after phd.

Ph.D. armed you with tenacity, discipline, critical analysis of information, and the knowledge unparalleled by anyone else in the exact topic of your research. It qualified one as a specialist . It provides sound research focus, whereas MBA on other hand provides sound business and leadership focus.

It is understandable that a Ph.D. is the highest degree that one can have, but there is no hard and fast rule that one cannot pursue MBA after completing their Ph.D. Ph.D. might restrict you in one field and does not let you explore a job in another field. Also, some upper management positions may require some business expertise and if your Ph.D. is not based on the business field, considering MBA can give you that push in the business area. MBA after PhD not only offers great career opportunities but also guarantees a highly paid job and also lets you develop a strong professional network. MBA will offer you a wealth of advantages, especially when it’s from a well-reputed business school . There are many good reasons for pursuing MBA after PhD and here is a detailed guide about how doing an MBA can benefit your career:

• Develop advanced and flexible management skills.
• It gives you greater business network opportunities.
• It helps you make the transition from academia to industry.
• One can start their own company from scratch.

Here is a table containing general differences between an MBA and a PhD

Incorporate sector a Ph.D. holder draws an average salary of 10 Lakhs in India. Whereas with 1 to 4 years of experience, early career MBA salary in India can grow up to 7-8 Lakhs.

There are various MBA entrance exams that are open with admission opportunities in top B-School. The list for top MBA exams are given below:

• National Level: CAT , CMAT , and MAT
• International Level: GMAT, GRE , IELTS , and TOEFL
• University/College Level: XAT , SNAP , IIFT

The table below lists the application dates and exam date of top MBA exams:

When we talk about MBA in India, the first university which struck our mind is IIM. However, with time numerous universities had made it to the list of top MBA colleges. Below are the top B-Schools in India with their flagship program, entrance exams, and great salary package post-MBA.

• IIM Ahmedabad
• IIM Bangalore
• IIM Calcutta
• XLRI Xavier School of Management, Jamshedpur
• Indian School of Business (ISB), Hyderabad
• SPIMJR, Mumbai
• IIM Kozhikode

Pursuing an MBA in a foreign university offers you the opportunity to have a globally recognized degree and explore job opportunities abroad with a higher salary, and career growth. MBA abroad requires a Bachelor’s degree and work experience for at least 4-5 years. Here we have listed some of the top universities you can consider for pursuing an MBA:

• The Wharton School, Pennsylvania
• London Business School, London (UK)
• Stanford Graduate School of Business, Stanford (MA)
• MIT Management, Cambridge (MA)
• Harvard Business School, Boston (MA)
• UC Berkeley, Berkeley (CA)
• Columbia Business School, New York
• F rankfurt School of Finance & Management, Germany
• Nanyang Technological University (NTU)

For aspirants who are planning to get an MBA degree, here is the list of best places to study MBA for a successful career in the future:

• United Kingdom
• United States

The Ph.D. is a research-oriented path, while MBA is a practice of business. Learning more about non-profit marketing through a business program might help you advance in your career.  An MBA is very general/broad in nature, it covers many subjects, most of which have an entire master’s degree path in and of itself whereas a Ph.D. is so much more about only one thing.

Leading business schools in India like IIMs, XLRI, NMIMS, etc. offer financial help to deserving candidates to complete their management studies. Different universities offer different scholarship programs for students belonging to every category. Candidates who have obtained a first degree of at least upper second class honors standard, or a second-class degree and a Master’s degree or relevant postgraduate qualification are eligible for the Ph.D. scholarships of this program.

The most basic requirement for pursuing an MBA abroad is a Bachelor’s degree from a recognized university; preferably a full-time degree from a reputed institute. The second major pre-requisite of a foreign MBA is substantial work experience of a minimum of 3-5 years.

Yes, anyone can pursue an MBA after their doctoral degree. An MBA can boost your career journey, and skills learned through MBA are geared towards the industry.  

We hope you understand that it is possible to study MBA after PhD in this blog. Follow   Leverage Edu India’s no. 1 leading educational platform for related informative blogs. Please put your comments below in the comment section. 

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PhD/MBA Program

The Wake Forest University PhD/MBA program is dedicated to training and research at the interface between science andbusiness to unleash the power and potential of technology for the benefit of society.

A large proportion of Ph.D. graduates work in the private sector in positions that use the skills acquired during their graduate training. But in addition to the scholarship and rigor that makes the Ph.D. a world model, there is a need for a broader range of skills for success in a changing employment climate. The Wake Forest University Graduate School of Arts and Sciences, in conjunction with the  Schools of Business , has initiated an innovative course of study leading to the PhD/MBA. The Wake Forest PhD/MBA program is the first program of its kind in the nation, and the first to produce students with the joint degree (see testimonials from some of our graduates, below).

The World Can Change at the Intersection of Disciplines

Uniting science and management, the PhD/MBA program is preparing a new generation of leaders for the emerging fields of technology. Our mission is focused, providing education and research training leading to beneficial uses for the rapidly emerging discoveries in the sciences, and preparing students for industry or academic leadership. Multidisciplinary knowledge is indispensable in the development of new products and processes and in the translation of biomedical advances to patients and the global market. As the first graduate program in the nation offering management training with the Ph.D., we are dedicated to capturing the brightest minds and providing them with the scientific and management expertise needed to foster the technology infrastructure of the nation.

An Innovative and Efficient Curriculum

The PhD/MBA program is a synthesis of curricula from the Graduate School and the Evening MBA Program of the Schools of Business, with specialized course work and opportunities for industrial and business internships. The joint program is open to new and current students in all PhD-granting programs across all Wake Forest campuses. Students take from 4-6 years to complete the joint program, depending on the nature of the graduate research undertaken in the home program. The first year of the curriculum will provide students with a core base of knowledge in the core competencies of the home graduate program. At the end of the second year, and before beginning MBA course work, the student must take and pass examinations that will admit him/her to candidacy for the PhD. A student enrolling in the PhD/MBA program would have 5-6 semesters of evening MBA courses added to the graduate degree requirements. Opportunities for industrial projects and internships are possible after ascent to PhD candidacy and during the MBA coursework phase. The PhD and MBA degrees will be awarded simultaneously at the completion of all requirements for both degrees.

Apply Online

Students wishing to enroll in the combined program apply to and meet the respective admissions requirements of the Graduate School of Arts and Sciences and the Schools of Business. Admission to the MBA portion of the program occurs separately after gaining admission to the home graduate program, and after securing appropriate approval from the home program for participation in the joint program. In addition to the general requirements of the Graduate School of Arts and Sciences, the  Schools of Business  requires completion of the GMAT (General Management Aptitude Test). The Schools of Business will also accept the Graduate Record Exam (GRE) as a replacement for the GMAT for admissions.

Contact Information

Questions regarding admissions: Mr. Kevin Bender Associate Director, Graduate Admissions School of Business (336) 758-3091 [email protected]

General questions: Dr. Dwayne Godwin Associate Dean Graduate School of Arts and Sciences [email protected]

A Small Program with Big Impact

PhD/MBA students completed an economic impact study of new in silico algorithms used in the drug discovery process. This study contributed to a $2 million grant awarded by the US government to develop computer simulation software designed to predict biological and toxicological effects of drugs, which will reduce the failure rate in the drug development process. Pictured from the left are Donald Debethizy, President and CEO of Targacept, Inc., Randy Jacinto, PhD/MBA graduate; Richard Alexander, PhD/MBA graduate; Dwayne W. Godwin, Ph.D., Department of Neurobiology and Anatomy and Director of the PhD/MBA program; Adam Winseck, PhD/MBA graduate; and William S. Caldwell, Ph.D., Vice President of Drug Discovery and Development, Targacept, Inc. Not pictured is Heather Peters, PhD/MBA student who also worked on the project.

For a list of academic programs and contact information please visit:

Academic Programs and Contacts

To see a list of Programs:

• Degree Programs
• Joint Degree and Certificate Programs
• Summer Programs
• Diversity Programs

What the Students Have to Say About the PhD/MBA Program :

“My new job is exactly what I have been looking for. I found that the dual degree is an attractive combination that will allow me to go further, faster.” DR. ADAM WINSECK MEDICAL MARKETING, SANOFI AVENTIS, INC. 2004 NEUROBIOLOGY AND ANATOMY MEDICAL EDUCATION MARKETING

“The fusion of biology and business has provided a unique perspective – like looking at the world from space, it’s easier to see the whole picture. As an aspiring entrepreneur I feel that the skills I learned will amplify my ability to make a difference.” DR. RANDY JACINTO BIORAD, INC. 2004 PHD/MBA GRADUATE MOLECULAR MEDICINE

“Incredible advances can occur where disciplines collide. The PhD/MBA program has given me the tools to pursue a broader career horizon without sacrificing my core scientific interests.” DR. RICHARD ALEXANDER 2004 PHD/MBA GRADUATE PHYSIOLOGY/PHARMACOLOGY

“The PhD/MBA program prepared me for a career, not just a job. Today I am conducting research with a deeper understanding of how my work supports my organization.” DR. HEATHER PETERS PHD/MBA GRADUATE CHEMISTRY

“Drawing from my management and scientific training in equal measure, I’ve enjoyed the increased level of responsibility and respect that has come with achieving the dual degree.” DR. FRANK WELDER PHD/MBA GRADUATE CHEMISTRY MECHNICAL AND QUALITY DIRECTOR MICROBAC LABORATORIES, INC.

• WFU Schools of Business PhD/MBA page
• On-line  GMAT practice tests  free of charge
• ” WFU Merges Science and Business in Curriculum “ – Article in the Business Journal of the Triad

PhD after MBA

Education is a five-course meal with PhD as the ultimate dessert at the end of it all. Having said that, not all fields of study have had a long history of crowning a doctorate degree. It has traditionally been the highest degree in the sciences, and social sciences.

Somewhere in the middle of the previous century, though, business schools began to switch their focus from a purely vocational bend towards research oriented training, leading to what we now know as PhD in business, or management.

However, if you were to compare the share of Management PhDs in the US, for instance, with PhDs from other fields, the number is far from stellar, though marginally growing with each year. The picture below summarizes the rising number of Business Doctorate recipients between the years 1986 – 2016, as per NSF.gov . The corresponding percentages reflect the share of doctorate holders with respect to the total number of doctoral graduates. (Updated table from 2021 is available here )

For instance, in 2016, 22.9% of the total 54,904 doctoral recipients graduated with a PhD in Life Sciences, while Business Management PhDs accounted for only 2.8% of the entire body of Dr. XYZs graduating that year. In 2021, this percentage for Business Management majors was 1.3% and for Life Sciences was 22.6%.

So, clearly, this is a road less traveled as compared to your streamlined PhD, after MS, route.

The natural question, that follows, is what eludes PhD, in Business, from your everyday household fame?One of the possible reasons being that most business degrees have a lot more commercial capacity as compared to an academic one. Individuals who have an aptitude for business and have secured an MBA from any of the top few tiers of B-schools, generally follow the blazing path of success marked by their predecessors.

The most cited reason, for avoiding the path of business research is the ROI for the years invested, and the cost of opportunity lost while pursuing a semi-decade long journey towards the degree.

With the MBA degree taking a couple of years with average starting salaries north of $90,000, it is not a shocker to realize why some people would rather continue gaining work experience, and the fat paychecks, sans the PhD and its associated delayed gratification, if any (read Average MBA Starting Salary ).

That being the obvious reason, there is clearly another significant factor keeping most business graduates away from a doctoral path – research is not their calling.

This brings us to the next question.  

Why PhD after MBA?

What makes a PhD after MBA an attractive option? The thrill of research. The PhD program offers an opportunity to conduct independent study, scholarly research, and obtain an in-depth knowledge of a specialized field, which would be otherwise only superficially available to the more practical, commercially useful MBA degree.

The research training provides an awareness of the cutting-edge developments and the ability to evolve new insights at solving business problems. Doctoral graduates have years of experience in data analysis and data driven decision making, they are practiced with various research methodologies such as modeling, experimental methods, econometrics, field studies, and more.

As long as the individual has an aptitude for research, the real-world experiences of an MBA degree can motivate him to study relevant business problems.

The most common career path, offered after a PhD post MBA, is teaching. Faculties involved in active research, being an attractive indicator of b-school excellence, prompts a lot of well-known MBA, or other business programs, to hire PhDs as b-school professors.

QS Business School Rankings, for instance, takes in academic reputation and research paper citations into consideration for overall ranking. So does Financial Times MBA, EMBA and Online MBA Rankings. UT Dallas has a business school ranking list based solely on publication statistics in 24 leading business research journals.

Clearly, there is a competitive advantage afforded to PhD job applicants compared to MBAs, when it comes to protecting the interests of business schools. Success, in teaching and research, can lead to some very lucrative compensations.

Salaries, for some of the top b-school faculties, can be in the millions. (Read How much do top business school professors get paid? )

Other golden opportunities may even lead MBA+PhDs into consulting work in either well-known firms, or their own entrepreneurial ventures. PhDs derive wisdom from their theoretical, and uniquely devised methodologies for analysis, which when combined with the experiential training obtained during MBA, makes for a tremendous body of knowledge.

Hedge Funds are extremely selective about their recruits. While a lot of hedge funds believe in practical expertise more than academic experience, they are still known to hire PhDs to fill their analyst positions. Besides CFAs, MBAs, and other Master’s candidates, nearly 3% of hedge fund employees have a PhD.  

What kind of specializations are available to PhDs in Business?

PhD in Business Management, or its close kin Doctor in Business Administration (Harvard HBS), follows a variety of areas of study, often in collaboration with other departments. Some of those specializations are listed below (gathered from various b-school curricula, viz. Stanford GSB , Wharton , HBS ).

• Accounting: Research focuses on solving issues, related to accounting, using economics, decision theory, and statistical inference.
• Business Economics: This specialization combines economic analysis with business. The areas of focus may range from Behavioral Economics, Development Economics, Urban Economics, Risk Management, Economic Analysis & Policy, Organizations & Markets, Corporate Governance, and more.
• Finance: Research focus, such as in Wharton, is set on Asset Pricing, and Portfolio Management, Corporate Finance, International Finance, Macroeconomics, etc.
• Marketing: Research focus lies on solving marketing management issues faced by companies. Areas of study usually involve behavioral decision making, economics, industrial organization, statistics, management science, and more.
• Operations, Information & Technology: This area of research, such as in Stanford GSB, studies management of systems, processes, and networks. They include health care systems, product design, manufacturing, information systems, decision-making, operations management, etc.
• Organizational Behavior: Research on concepts of psychology and sociology and their impact on behavior within complex organizations.
• Management: The specialization deals with management and leadership challenges.
• Strategy: Research studies the heart of what sustains and develops industries with competitive advantage.

The above list is not exhaustive and every b-school tailor their research target to set their competitive edge, so to speak. The other common specializations include, Ethics & Legal Studies, Health Care Management, Applied Economics, Decision Sciences, Human Resource Management, and more.  

Employment Options of Business PhD Graduates

While a majority of doctoral graduates find positions as faculties in reputable business schools, a fraction of them carry on in post-doctoral studies or head towards industry positions. Firms like McKinsey, Morgan Stanley, SEC, and more, are known to hire PhDs regularly.

Nearly 80% of graduating doctoral students are employed as faculty members in various business schools over the world, with the rest 20% employed in various industry positions. We have compiled the following table to reflect the employers of past PhD candidates from reputed business schools, mainly Wharton, HEC Paris, and Chicago Booth.  

Business School with Popular Research Programs

UT Dallas’ Naveen Jindal School of Management has created a business school ranking based on publications in 24 leading business journals, mentioned here . Some of the top research schools, assessed between 2012-2016, based on the ranking, are listed below.  

  The two related degrees of a Business PhD, in addition to an MBA, provide a set of well-rounded skills that are quite unique. These skills are not just desirable in mentors of the future business leaders, but also play a significant rolein gaining a thorough insight of the world of business management.

Recommended reading for the curious reader:

• PhD in Management Abroad
• Fully funded PhD, with stipend in Europe
• Is a PhD worth it?
• PhD in USA for international students
• How to choose your PhD topics?

  Sources: 1 , 2 , 3 , 4 , 5 , 6 , 7

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16 thoughts on “PhD after MBA”

Hi I have done BCA+MCA from IGNOU. I got 92 percentage in BCA and 84 percentage in MCA. I have also worked as Software developer while doing my MCA for 3.5 years in a small start- up firm. I want to do MS in Computer Engineering. My question do top and middle tier American universities accept degrees from IGNOU (although it is a distance education IGNOU is recognised by government of India under act of parliament ) So Is my degrees from ignou valid for admission for MS in top american universities

Hi, I am pursuing PhD in India on the topic Organisational behaviour. But i am interested to do in USA. please tell me the ways if i can apply in some of the university’s. I am in US at present. kindly help me

Hello, I am name is Ankita, I have completed my Masters in Microbiology (Pune University). And I have been working in CSIR-URDIP as a patent analyst for the last 2 years now. As the place I am working at doesn’t give any kind of security in future, I have been off lately thinking about either apply for PhD abroad or MBA or do some courses regarding patent analysis abroad. Can you please give me any suggestion regarding what to do at this stage ?

@Dheeraj: There are some universities who consider IGNOU degrees. But it depends on which course you’re applying for. So best to check with them directly. We have some inputs for the MBA degree here: https://www.mbacrystalball.com/blog/2014/02/17/mba-after-correspondence-courses-distance-education/

@Sanam: You’d probably have to reset the call and start afresh. Specially if your current work has little or no overlap with what you plan to do in the US.

@Ankita: The decision would hinge on what you want to do after the degree. For a business oriented role, an MBA works best. For academic roles, a PhD works better.

Hello.. I have done MBA(HR & MK)in 2018.. I wanna take admission for phd in IIT’s.. Plz suggest me how can apply for this Thnks

Hi, I have done MBA ( management and leadership) in 2018 from Keiser university, Fl . I want to start PhD in supply chain. Please suggest me how can I apply for this. Thanks

Hi myself Rupak Debnath I have done MBA in MARKETING and HR and now I want to pursue PhD degree from IGNOU. My question is will it be right enough to opt a higher degree from open University and how much can I be benefited from the decision I have taken?? Please reply without any hesitation……….. waiting for your valuable reply………. Thanks

hi, I have done my MBA in HR and now i want to pursue phd in economics in hyderabad central university. am i eligable to apply and if yes , how to do that. kindly please let me know. regards, bindu yamini.

Could you please guide which PHD Programm will be approraite post “MBA in Consultancy Management”

hi i have completed my B.tech in mechanical engineering+ now i completed my MBA in Marketing& finance now i want to do phd in the operational manger field pls suggest something…

Pros and cons of doing PhD in Business Management after M.Com

Hi I had completed my mba in marketing in 2005 now i want to do p.hd from Canada.. Pls suggest…

Am Naveen an International Business Marketing Consultant having completed PGDM in Marketing + IT and hold BBM in International Business and seek a PHD in similar field. Alternatively, am working a Managing Partner for a Jewel Store too. As am traveling on a daily basis I want to complete my PHD to teach full-time at universities or colleges worldwide. Thanks

Assalam o Alakom I have don my MBA 3.5 year and HR Now to pursue PHD .am i eligable to apply for PHD..how to do that. kindly pleas i want to brief me in detail explain trough whatsaf way +923428966603 regards, Muhammad Hanzala

Sir,Can I eligible for phd program(Europe countries).After completion of mba(open degree) program in india.

Hi, I am Ankit from India, I did complete my MBA with Finance in 2016 and I have 4 year experience in same profile. Now I am looking Phd program in Finance in USA.

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Can You Do a PHD After an MBA? Pros and Cons.

As an MBA graduate, I considered whether to obtain a more specialized degree or go for any job in the very tough job market. I thought about Ph.D. too. Here I lay out my thoughts based on experience and research I made for myself on this topic. 

You can do a Ph.D. after MBA, but it is unnecessary for a solid career in business. Ph.D. after MBA may provide a valuable leverage tool for your scientific job if you want to go deeper into any field of science, including technical or social science.

In most instances, you obtaining a Ph.D. after MBA does not make sense. But in a few cases, Ph.D. after MBA may offer new opportunities. Let us analyze below when receiving a Ph.D. after MBA may make sense at all.

Is MBA higher than a Ph.D.?

MBA is a master’s degree, while a Ph.D. is a doctorate. Ph.D. is a higher degree than MBA. Therefore, some MBA students or graduates may decide to take their education to the next level and go into a Ph.D. program. 

Does a Ph.D. guarantee a job?

Here are the negatives if you do Ph.D. after MBA. Having MBA and Ph.D. alone will not necessarily make you more employable. It may limit your employment options to a narrow field. Choose carefully. And being a Ph.D. means that you will be overqualified for most starting positions in the industry (with a caveat, read below). 

Secondly, MBA and then Ph.D. on your CV may raise many flags if you decide to change your career or industry in the future. The sooner you want to change your career, the worse it will look. The question would be: “you did your MBA, then you did your Ph.D. after an MBA…do you know what you are doing?”

A ph.D. is not necessarily helpful for a career. Some people go for Ph.D. because they want to become professors teaching classes in universities. But professor jobs are scarce, and with lower college enrolments, it is becoming increasingly hard to find a teaching job. In short:  YOU WILL NOT FIND A TENURED PROFESSOR JOB AFTER Ph.D. ANYMORE . Hopefully, I made that clear enough. 

On the other hand, PhDs may be valued by different exiting or emerging educational institutions, including those private ones, providing online programs or courses. 

In my humble opinion Ph.D. often should be pursued in the area in which you have a strong urge and desire to work for the next couple of decades doing research. 

Because getting a Ph.D. is quite a pain, it takes years, and you will be grossly underpaid while doing it. I would also look at the demand for specialists in the respective field of your Ph.D. 

Getting into a top Ph.D. university program is challenging. Often, they require terminal degrees like MSC, MA, MS rather than MBA. Therefore, instead of Ph.D. MBA graduates may go for a DBA and still get into corporate world management after that. 

Still, PhDs can get a job in the industry because they have a solid reputation as research and analysts.  

I suggest that if you decide to pursue Ph.D., make sure that your field of research is congruent with your previous MBA degree, other education, work, or relevant experience valuable to a potential employer. Congruency will bind everything together nicely, total leverage. 

But read on to find out which Ph.D. I think it may be helpful in your career. Please do not take my word for it, as I believe the global economy is changing rapidly. Yet, I see some strong trends that are likely to continue for decades ahead, presenting some viable Ph.D. career options. 

Note that academia is saturated, and even PhDs have a hard time finding academic jobs. Said that Ph.D. could take even a master’s level position or other senior position in the industry if his or her Ph.D. area is a good match.

If you decide to obtain Ph.D. after MBA, then I suggest choosing a topic that can have practical application in the industry for better transition and good pay. 

There are many practical fields for Ph.D. after MBA. 

Which Ph.D. after an MBA may be a good option?

Ph.D. is a heavily research-oriented degree. By researching, a Ph.D. student divulges very deep into the narrow topic, like in a rabbit hole, and becomes a super-expert in that topic. 

Thus, selecting a Ph.D. topic for future employment is a significant decision for an MBA student. Because you already have spent 2-4 years getting an MBA degree. Now, what will 5-6 years of Ph.D. give you at this point?

I think Ph.D. is an excellent choice for those MBA’s who want to go into science. Ph.D. makes a person quite employable in science, especially if that science field is related to MBA or previous work or educational experience. 

Note, when I say science, in addition to natural sciences, I also mean new types of science. That includes fields like data science, or AI or machine learning, social science. 

If you check any major job site, it will tell you a complete story about whether it makes sense to get your Ph.D. after MBA. For example, MBA in finance, economics, or statistics from a reputable business school plus a Ph.D. in finance, economics, statistics, or mathematics may help you find an exciting position in one of the major league financial institutions, hedge funds, or banks. Why? Because these fields are practical rather than purely theoretical.

Ph.D. after MBA Specific Examples

If you are keen on coding and have some programming or engineering background, and as an MBA, you want to switch into a niche of machine learning or AI in business industries, you may get your Ph.D. in AI or machine learning. That still can get you hired in the financial sector if you want because the financial sector uses AI and machine learning a lot these days. 

MBA in finance, economics, or accounting, coupled with a Ph.D. in AI or machine learning, may present you as a valuable candidate in the modern digital high-tech world of finance and the business field generally. 

Recruiters are pretty mechanical sometimes. They see MBA on top of the relevant work experience and assume you can potentially hold a managerial position far from the truth.

Note that you will need a programming work background and a Ph.D. in those tech areas if you want to go this route. But salaries can be pretty lucrative – in hundreds of thousands of dollars per year. 

If you type “Ph.D.” and “MBA” in a search field on any major job search engine (site), you will see that some positions show a preference for someone with an MBA and Ph.D. in some analytical or quantitative field. 

You will see demand in some quite exotic narrow fields like revenue science or equity research, social science. Often positions require natural science or programming-related Ph.D., but there is a fair share of those require Ph.D. in either quantitative or business topics. Hence, let us see which type of Ph.D. is better for MBA students. 

Does it help to obtain a business-related Ph.D. after MBA?

Obtaining a business-related Ph.D. after an MBA may provide some value for those who want to go deeper into research or teaching in the business area. For example, a Ph.D. in organizational behavior management may help you land a job in fields anywhere from social science to HR. 

MBA + Ph.D. in economics or finance with quantitative aspect may land you an analytical or lead job in a significant financial institution or international organization. But note that PhDs in economics and finance maybe a little bit saturated in the job market. 

Actuarial sciences or accounting fields also hire PhDs. Check your local job search engine for details. 

I have heard that Ph.D. in accounting is a relatively undersaturated area, and companies are happy to hire accounting PhDs with accounting work experience. Underlying MBA in such a case may be an excellent background addition to a resume showing managerial ability. 

I have also heard about companies hiring PhDs in Global Leadership and Change, for example. I am not sure what their practical managerial work background was, but it must have been extended for such a position. Ph.D. was likely just significant leverage on his or her CV. 

Other areas of potential employment and thus Ph.D. research topics can include business development, business strategy, strategy management, competitive intelligence, and more. 

If you have read some of my other blog posts related to business education, you probably noticed that I am a proponent of practical, specific, education which gives specific tangible skills. 

That is why I am a proponent of going deeper into quantitative areas of education. Quantitative are very transferrable skills. Smart, introverted people with quantitative skills may have a better shot at a fascinating, well-paying analytical job.

Other avenues for MBA and Ph.D. holders

For example, have you heard of such an exotic path as quantitative marketing? Now you did. Marketing analytics can involve quite a bit of calculation and data mining. Ph.D. in quantitative marketing after MBA can land you a job in a financial, economics, or marketing type of position, just because of the quantitative aspect of that type of Ph.D. 

Note that many quantitative Ph.D. programs in reputable institutions require quantitative background or education. For example, Ph.D. in finance may require a background MBA in finance, economics, or mathematics.

Did you know that social science is considered a STEM area? I found at least one position requiring a Ph.D. in social science with MBA.

The most important note is that you must LOVE the subject or broad field of your Ph.D. Otherwise, it does not make sense to pursue one because you will drop out anyway. 

One major caveat for obtaining a Ph.D. after MBA is that employers quite often also want multi-year practical work experience in a related area. Therefore, seeking valuable work experience is a better strategy than obtaining a Ph.D. after MBA. But everything has its exceptions, especially for quantitative types of jobs.  

Here is an excellent video by the Ph.D. professor about the pros and cons of doing a Ph.D. after an MBA.

How long to get a Ph.D. after an MBA?

On average, Ph.D. after an MBA takes 4-5 years to complete. 

Conclusion.

If you want to obtain Ph.D. after MBA, then you need to think it through. I mean, you must be a thinker and researcher at this point. Check job sites, talk to your professors, other students. See what they say about potential opportunities for MBA/PhDs. 

Would I do it? Probably not. Unless it would be a heavily quantitative area with potential practical industry application in finance or technology, if anything, I would instead go for a specialized MS in the subject area related to MBA or technology. 

But that is only my 5 cents. Your goals may be different. 

Some sources .

Question and Answer forum for K12 Students

Doing a Ph.D. After MBA | Eligibility Criteria, Career Scope, Employment And Salary

Doing A Ph.D. After MBA: The ‘road less taken’ can be simply called for Ph.D. after MBA. Not many people is seen to pursue a Ph.D. in Commerce; as it is a field that does not attract and relatively unknown many pursuers.

In the academic field, Ph.D. after MBA is more useful than a professional one. initially; The ROI and opportunity cost for this course are also not up to par, however, by saying that, it does not mean that the course is not worth it or useless. If a Ph.D. is done right then it can be quite rewarding.

Ph.D. after MBA or Management

• Ph.D. Course Duration after MBA

Eligibility Criteria for Ph.D. After MBA

Can one do a ph.d. after mba, after mba available top ph.d. courses, how to do a ph.d. after mba, ph.d. after mba in india, can i actually do a ph.d. after distance mba, ph.d. after mba – in distance education.

• Ph.D. After MBA Abroad – Entrance Exams & Admission Process
• Top-Most Abroad Universities for Pursuing PhD after MBA
• Best Countries to Study PhD after MBA Abroad
• Ph.D. After MBA in USA

Ph.D. After MBA in Australia

Ph.d. after mba in germany, ph.d. after mba finance.

• Scope Of Ph.D. after MBA in Finance

Ph.D. in Management

• Career Scope, Employment, and Salary for Doing a Ph.D. after MBA
• FAQ’s on Doing A Ph.D. after MBA

As one may expect it to be, Ph.D. after MBA may not be as advantageous. After getting done with an MBA, rather than pursue a Ph.D., many prefer to increase their work experience, but if you are interested in doing research in the field of your interest, a Ph.D. may be the perfect course for a person to take up.

Ph.D. researchers or individuals also get a chance to do individual research and study, apart from the extensive knowledge which the course provides, which puts them quite apart from other managers.

• The course requires a lot of dedication and rigorous hard work in Ph.D.
• A lot of time needs to be invested by someone with a Ph.D., which can be tedious.
• The Ph.D. course combines practical application with theoretical knowledge.
• There are many practical methods and approaches like field studies, econometrics, experimental methods, etc., which are mostly used during Ph. D.s.
• For those who want to teach Management, Ph.D. is for them.
• The profession of the Professor is most sought after and reputable.
• Ph.D. researchers also work as consultants in top firms.
• Ph.D. increases their analytical skills and trains researchers.
• Because of their skillset, positions in analytics are offered commonly to Ph.D. researchers.
• One may not quite earn much before getting tenure, and the growth is considerably slow.

Do Refer: Career Objective for MBA

Ph.D. Course Duration After MBA

Depending on the research topic, methodologies, and time and labor investment, the duration for Ph.D. after MBA may vary.

On average, it may take 4 to 5 years for the completion of a Ph.D.. Depending on the country and institution, the duration may also vary.

Country Duration (Average)

• India –  3 years
• USA – 5-7 years
• UK – 3-4 years
• Australia – 4-6 years
• Germany – 3-5 Years

Eligibility Criteria for a Ph.D. after an MBA must be an MBA degree, as one may assume. But that’s not so.

There are many other criteria for eligibility, as well. To pursue a Ph.D. after MBA, one must fulfill being eligible for a Ph.D. after MBA, and the following are the criteria.

• One must have an acceptable TOEFL or IELTS exam score to prove their proficiency in the English language.
• One must also have a respectable, which may vary as per the university of GRE/GMAT score.
• Students must also submit their essays, transcript and SOP.
• Letters of Recommendation are required. At least 2 to 3 times to be submitted by the aspiring student.
• Oftentimes, an interview is conducted either online via video call or physically to test student’s eligibility and knowledge.
• Students must have a thesis statement or an idea and a dissertation ready.
• It is crucial that the students are well versed to have a clear idea and what they want to do about their objectives.
• The acceptance rate at top-rated Business Schools is around 3 to 5%.

Yes, one actually can do a Ph.D. after MBA. There are various business schools worldwide that offer Ph.D. programs after an MBA, which can be pursued.

For the MBA itself, some years of work experience is required by many schools. The Student may already have the direction they want to take in their life by choosing to pursue an MBA.

A Ph.D. after an MBA is not quite a popular choice, but many students still decide to pursue the research either for better opportunities or out of interest. To pursue a Ph.D., the criteria for eligibility include more than 50% or more marks in your post-graduation, and students are also required to take up an entrance exam. The field of Ph.D. is open for the Student or for anyone who has done an MBA.

A student may choose from several Ph.D. courses after MBA. Due to its vast scope, there is no dearth of specialization in the field of management.

As the Ph.D. in Management is an unexplored field, each research in each area is equally important.

There are several available courses one may take, like:

• Entrepreneurship
• Human Resource Management
• Commercial Law
• Operational Research
• Healthcare and Management
• Organizational Behaviour
• Computer Science
• Engineering
• Political Science

For students who actually want to do a Ph.D. after their MBA is done, there are many options. It is important that for the duration of 2 years, the MBA course the candidate has done.

The students must choose their work and field of interest in that direction and also most important.

Students always have the choice to pursue a Ph.D. in abroad or India. The application process for both remains more or less the same. To do a Ph.D. after an MBA abroad, one has to additionally give language proficiency exams like IELTS or TOEFL and exams like GMAT or GRE.

For India, exams like CAT are applicable.

• One must have a good score in their CAT exam and a two-year MBA degree.
• For admission in their Ph.D. courses, GATE or even UGC NET may be required at some top IIMs.
• A Ph.D. may actually vary from 3 to 5 years on average, and it is important to note that the duration.
• In the first year of Ph.D., the candidates are trained in research methodologies and subjects, etc. and are mostly dedicated to the coursework.
• In the second year, one may choose the area in which they will be conduction research and their specialization.
• It is often advisable that students actually choose the area for research in which they have specialized during their MBA. It is, however, not quite compulsory.
• A Ph.D. thesis is the most essential part of any Ph.D., and during their second year only, it is important that students start developing it.
• In the third year, after they have researched and collected data, a student is asked to present their thesis statement.
• After the first six months of the third year, students are free to write their research papers and Ph.D. and do their research.
• The whole process can be quite time-consuming, but the only trick here is to be very resilient.
• Yes, you can obviously do a Ph.D. after a distance MBA.
• The institute must be recognized by the UGC.
• Universities are not allowed to differentiate between the degrees.
• The degree earned and mentioned in the eligibility criteria must be in tandem.
• As the process for regular courses, the application process is as same.
• Candidates must submit their essays, SOPs, mark sheets, documents, etc., like any other regular candidate.
• Mostly on entrance exams and interviews, the admission in a Ph.D. program is based.
• Over the ones who did pursue their degrees via distance education mode, Some institutes may prefer regular students.
•  The decision is solely based on the discretion of the university to select a candidate or not.

In Distance Education, one can definitely do a Ph.D. after MBA, but few things actually need to be taken into consideration.

It is important and mandatory that the institution from where the candidate has pursued their MBA in Distance education form is recognized by any other supreme commission as relevant to the country or by the UGC.

Also, for the Ph.D. program, one is applying to, the degree must match the eligibility criteria as well.

Ph.D. After MBA Abroad – Entrance Exams & Admission Process:

If you are actually planning to pursue a Ph.D. after an MBA, especially from abroad, then the following points will help and guide you through the application process and entrance exams:

• For global universities, the application process is very different from the universities of India. You actually don’t have to give any entrance exam to pursue a Ph.D. after an MBA from abroad; rather, the GMAT / GRE score is needed to submit.
• Previous project and research work matter, LORs, SOPs, and a lot when you are actually looking to pursue a Ph.D. abroad. They increase the chances of getting selected by making your profile strong.
• For Ph.D. programs, most of the universities have a 3-5% acceptance rate. Thus, it is vital to make your application strong; get in touch with experts if you need any help regarding the same.
• You need to work on your specific thesis, submit it in the provided duration as the curriculum more or less remains the same in Ph.D., and complete your Ph.D. after MBA.

Top-Most Abroad Universities for Pursuing Ph.D. after MBA

For better assistance at the time of your research on Ph.D. Courses after completion of MBA, we have enlisted some of the significant academic universities that are globally famous for their advanced specialized courses on Ph.D. after MBA:

Best Countries to Study Ph.D. after MBA Abroad

Most of the popular abroad destinations for Ph.D. studies are UK, USA, Australia, Germany, and Canada. These countries are notable for their research doctoral courses so choosing the best country to study Ph.D. is a crucial decision. So, decide carefully by doing deeper research about the course and universities in all countries. Let’s have a glance at the top countries to study Ph.D. after MBA and their popular research universities below for some idea:

Ph.D. After MBA in the USA

Ph.D. after MBA in the USA is the most popular place; because of a highly research-friendly environment, it especially is a great place to pursue a Ph.D. after an MBA.

The USA offers students unlimited data and resources to facilitate their research as it is home to the top business schools. The amenities are quite good here, which are provided to Ph.D. researchers.

• University of Pennsylvania
• Harvard University
• Stanford University
• The University of California
• Columbia University
• Kellogg School of Management
• The University of Chicago
• Washington University
• Cornell University
• University of Michigan

Ph.D. after MBA in Australia is also home to many great universities, and it is a very pleasant place to be at.

Ph.D. programs after MBA are offered by many great B-schools present. For applying practical methods, there is a lot of scopes and here because of the way corporates and businesses are run here.

Students will be provided with quite a lot of opportunities to collect primary as well as secondary data and conduct researches.

• Australian National University
• UNSW Sydney
• University of Western Australia
• University of Sydney
• University of Melbourne
• University of Queensland
• Monash University
• University of Adelaide
• Queensland University of Technology
• University of Canberra

Probably the best place to pursue a Ph.D. after an MBA in Germany because of the varieties of facilities like the grant which are made available for students studying.

Germany has the best management programs and boasts of some of the best universities in the world as well. Many universities in Germany offer great guidance to students to help them in their research work and Ph.D. in management.

• University of Berlin
• University of Hamburg
• Technical University of Munich
• Heidelberg University
• Humboldt University of Berlin
• Karlsruhe Institute of Technology
• RWTH Aachen University
• University of Freiburg
• Bielefeld University

One of the topmost and popular specializations is a Ph.D. after MBA in Finance. The scope is vast, and the opportunities are quite endless.

Though the subject for those interested may seem challenging, it has a plethora of research ideas and opportunities.

Expertise in subjects like Mathematics and Economics is required by Ph.D. in Finance.

The top universities which are offering this program are:

• Indian Institute of Foreign Trade
• Narsee Monjee Institute of Management Studies
• The Centurion University of Technology and Management
• Birla Institute of Technology and Science
• Indian Institute of Management, Ranchi
• Indian Institute of Foreign Trade (IIFT)

Scope Of Ph.D. After MBA in Finance

Opportunities after opportunities are present in Ph.D. after MBA in Finance. There is a wide and deep scope of opportunities, and many companies to hire because of their skill and both practical and theoretical knowledge do look out for such candidates. Top companies seek to recruit candidates who have completed their  Ph.D. in Finance and  like the ones mentioned below .

• TATA Consultancy
• Genpact Technologies Ltd

One of the highest degrees of academic awarded in the study of management is a Ph.D. in management. For those seeking teaching careers and academic research as professors or faculty in the field of management at business schools worldwide, a Ph.D. in Management degree was designed.

Following are some Benefits of PhD after MBA

• Helps you become a better thinker:  More than just consume what has been taught in the classes, a good Ph.D. in Management program encourages you to do more – it teaches you to become a good thinker and create more. One will achieve newer levels of critical thinking by moving past passive learning, which you can apply in new ways in your field of interest as well as your career.
• To gain an edge:  A Ph.D. in Management is essential and immediately marketable, especially in today’s workforce, provide an asset that will give you a competitive advantage. A Ph.D. in Management proves the expertise in your field of study; you have an impressive level of credibility and a lifelong commitment to learning which will help you fulfill your professional goals.
• Become a competitive scholar-practitioner:  A Ph.D. in Management will give you the confidence and knowledge but present at them instead of just attending academic conferences. You’ll discover your write a dissertation, may find yourself authoring peer-reviewed articles published in your field’s leading journals, and may have a scholarly voice.
• Skills enhancement:  A Ph.D. in Management can actually help you enhance valuable skills and gain that are universally applicable to any kind of field. They are empowering you to make more of an impact in your current role by giving you expertise outside of your organization by the degree, which in turn helps people around you as well. You may find colleagues turning to you for guidance, Once you begin your studies.

Career Scope, Employment, and Salary for Doing a Ph.D. After MBA

Somewhere between 8 Lakhs to 18 Lakhs per annum, Ph.D. after MBA salary in India is depending upon whether you explore the academic domain working as a lecturer or academician or working in a corporate sector.

For graduates with a Ph.D. in Commerce-related specializations and Management below, we have elucidated upon the major employment sector:

• Teaching: A Ph.D.’s most popular career path post is that of becoming a professor or teacher. Most Ph. D.s in management or business pursue it in the first place to pursue a career in particular academics. Further, to hire Ph.D.’s like business school professors, most of the research universities prefer. Suppose you aim to become a part of Ivy League schools or other prestigious academic institutions because of this striking combination coupled with a few years of professional experience. In that case, you should definitely go for a Ph.D. degree after MBA. It can make you an ideal candidate for the position of lecturer or university professor at a business school. Nearly 75% of business ‘Ph.D. after MBA’ graduates at business schools become faculty members, to give a rough statistical description, and roughly 25% take jobs in the industry.
• Research: A Ph.D. involves extensive analysis and is quite a data-driven degree and in-depth assessment as it constitutes various submissions of a multiple research thesis as its incremental element. If you have planned to pursue a career in research, but combining it with a Ph.D. might give you the knowledge and expertise of both the research world as well as corporate, and an MBA is more of a route of professional to take. You can further enter various research sectors with a versatile skill set by getting the taste of both these areas, which will prove extremely useful in carrying out path-breaking contributions and case studies with the potential of bringing a newer light to the commercial industry.
• Corporate Sector: As a common myth, you might be told that in the professional world, a doctorate degree is of no use, but it is quite the opposite as a Ph.D. after an MBA can furnish you with the outstanding business acumen to fit the role of business consultants and analysts. As many of the doctoral scholars move further to become professors or researchers, only a small proportion of them head towards the industry. As this degree provides aspirants with the understanding of employing Ph.D. s derive wisdom from their theoretical and unique methodologies for analysis, which, when combined with the pragmatic training obtained during MBA, marks for a marvelous body of knowledge. You can explore varied prospects in entrepreneurship ventures as well as companies like SEC, JP Morgan Chase, McKinsey, and Morgan Stanley, which are known to hire Ph. D.s frequently.

FAQ’s on Doing A Ph.D. After MBA

Question 1. What Ph.D. should I get after my MBA?

Answer: For students who want to do a Ph.D. after their MBA is done, there are many options. The MBA course the candidate has done must be for the duration of 2 years, and it is important. The most common career path after that is chosen is teaching.

Question 2. Is an MBA higher than a Ph.D.?

Answer: Compared to a Ph.D. that takes 4-6 years, you can complete your MBA in 1- 2 years. It allows them to start their career far sooner for the student, so the MBA is considered advantageous.

Question 3. Can I do a Ph.D. while working?

Answer: Yes, you can do a Ph.D. while working, but this can only happen if you are keen to work. Working full time and doing a Ph.D. is not easy; you won’t make progress without constant effort.

Question 4. Can I do a Ph.D. at 40?

Answer: Yes, you can do a Ph.D. at the age of 40; most of the person who does this are mostly in the education sector. The only problem that comes up is that not all programs will be open for you.

Is It Necessary to Get a PhD After MBA?

• Blog Summary

A PhD in management enables you to gain a competitive edge, hone your skills, network with industry professionals and students worldwide, become a scholar and move up the career ladder. You can specialize in accounting, economics, marketing, finance, ethics and legal studies, healthcare management, etc. PhD in management helps you pursue jobs like a management consultant, professor, policy analyst, CEO and organizational change manager. The online programs from TSL-UCN adopt advanced teaching methodologies to improve your learning capacity, an international curriculum with global recognition, experienced faculty, mentors and academic heads, access to extensive learning resources and guidance for dissertation. Gain proficiency to become an excellent decision maker and thought leader.

Solution: A PhD in Management

Careers for graduates with a phd in management, feasible online phd in management for working professionals, why choose our online phd in management course.

MBA has been a gold standard for business and management professionals to seek for a long time. But, is there any degree that would add more value to an MBA graduate ? Have you ever thought of a PhD after MBA ?

Yes, you can take your career a step further in the world of business and management by enrolling yourself in a PhD in management . Whether pursuing a role in academics, research, or simply adding more value to your resume, a PhD in management would be an indispensable qualification one can undertake. If you are wondering what you would gain by enrolling in a PhD after MBA , keep reading.

Importance of Business Leaders in Africa

Africa has always had the potential to become the next global super continent, and the day of success is yet to come. Strong business leaders and innovators are pivotal in the growth of any country. One cannot overstate the importance of good leaders as they will utilize the resources and human potential to churn out productivity and goodwill. With nearly 420 million youth aged 15-35 from over 54 countries. One-third are still unemployed. It is estimated that almost 10 million managers must manage these working-class people to effectively improve the continent’s growth.

With rising global needs and the need to reduce reliance in a single country, many multinational conglomerates are looking to base on other countries to diversify their dependence. Good leaders are needed now more than ever to run these companies and suffice the mutually beneficial opportunities.

A PhD in management is a pathway to specialization or even sub-specialization, depending upon the candidate’s MBA. PhD after MBA would allow professionals to tackle specific research areas and answer questions with the potential relevance to the business world. Here are some of the fields of PhD after MBA specializations:

• Decision and analysis sciences
• Ethics and legal studies
• Entrepreneurship
• Organizational behavior
• Health care management
• Human resource
• Operations research and management
• Information technology management

Business schools are always in need of highly qualified and tenured business professionals who have a PhD. They require them to engage in research as their school rankings are highly influenced by the number of PhD-qualified faculty. Though a PhD in management is sought after by those interested in an academic or a research career, it is also beneficial to other business and management sectors.

Why Should You Consider a PhD After MBA?

Now you know that you can pursue a PhD after MBA now. You might ask us what the benefits of PhD are after MBA. In that case, let us explain as there are various benefits of PhD after MBA.

• Gain a Competitive Edge over Your Peers

Be it an on-campus or an online PhD in management degree ; it becomes an immediate marketable qualification that will give you a competitive edge among your peers in the modern workforce. A PhD will add a layer of credibility which bolsters your expertise in the eyes of a potential or your current employer. A PhD will also help you achieve your career goals irrespective of teaching, research, consulting, or anything else entirely.

• Hone Your Skills and Specialize

With a PhD in management , candidates will be able to hone in on their skills and specialize in the field they are interested in. The degree can also empower you to impact your current role by giving you expertise outside of your organization by providing research projects that may tackle various aspects in other industries. The time and the vast opportunities at hand will allow candidates to define themselves as they see fit.

• Meet Role Models and Network with Specialists

While pursuing a PhD in management , you will have the chance to meet and interact with many industry professionals with similar views, leading to many future collaborations and mutually beneficial business and academic endeavors.

Your classmates will also be your competition and colleagues in the future. Excellent opportunities will present themselves to you via academic conferences, which provide ideal opportunities to meet new like-minded professionals and scholars to expand your network.

• Become a Scholar

Pursuing a PhD is the pinnacle of learning in any given discipline. Students often work with the fringes of understanding and develop on it for others. A PhD will allow one to truly become a thinking man’s scholar beyond the specific knowledge of the discipline, paving the way for other thinkers to lay their foundation in the future.

The scholarly works are not merely limited to transferable knowledge but also research that can transcend many lifetimes. One would write decorations, reviewing articles, and publish in your field’s journals. A PhD in management can aid you places you never conceived possible, advancing you as much a scholar in the most real sense.

• Move up in the Career Ladder

As a PhD graduate, you get the chance to switch to different specialties and move up the career ladder if you are inclined. Many executive board level positions open up to specialized professionals who have the appropriate qualification and experience. Candidates will also serve as prominent consultants of the industry to help organizations develop a definitive well through strategy.

As one can see, the benefits of doing a PhD in management are in abundance; one only has many to gain by opting for a PhD in management as PhD management jobs in the academic and research sector are not the only options on offer to the graduates but also others such as;

Why Should You Consider an Online Management Course?

Online management courses have become the norm in recent times as more and more reputed business schools worldwide have started to offer online management courses for students worldwide.

One can also take up PhD courses in management online from your home’s comfort at a predefined flexible phase. Online PhD in management programs offer students a comprehensive program often based on in-class programs to help students get the most out of their sessions. The classes are set up as per the student’s agreed schedule and the board, allowing them to pursue their PhD in management courses without compromising their job or business.

A doctoral degree program in management imparts several skills that can be utilized as a part of a corporate organization, autonomously as a consultant, or even working in the public policy field with the government or an NGO. These are a few of the jobs you might want to pursue following the completion of your program.

After completing your program, you will be well-equipped to become an instructor in the business or management field yourself. You could also enter the private market as a member of a company or as an external consultant brought in to improve processes.

• Management Consultant

Companies seldom need to look for experts who can help them drive further success as they hire business consultants to collaborate with the organization to identify the appropriate business solutions. They may also build relationships with vendors and create programs that can meet a company’s business goals. Consultants can deal with various organizational issues. Still, they will routinely need to be both analytical in their approach to the data and collaborative in dealing with people.

• Business Professor

Business professors work at university level business schools and are typically expected to lecture students in their area of expertise. Professors are also often called upon to perform their independent research to publish in academic journals. A PhD in Management qualifies an individual for instructing students in business at the college level through lectures and the development of appropriate exercises, and the use of regular assessments.

• Policy Analyst

Some of the skills acquired as a part of doctoral work in management are transferable to the public policy field, like data analysis and setting business policies. As a policy analyst, you will be tasked to review, collaborate, and provide feedback with policies and aid in developing new proposals. This role requires analysts to perform an in-depth analysis of both quantitative and qualitative data during policy development.

• Chief Executive Officers

Developing strategic plans for organizations is the prime purpose of the executives. These professionals consider the time required to implement change, the processes involved, and the overall costs. Executives also oversee various departments and cultivate positive relationships throughout the organization to enhance performance.

One of the advantages of the doctorate in management is the ability to enter a wide variety of fields after completing your program. This flexible degree suits both the independent-minded who want to act as consultants or prefer a consistent corporate environment.

• Organizational Change Manager

Many organizations are now hiring change managers. These professionals are innovators who analyze and implement practical and critical organizational changes to improve the business. Change managers are also responsible for helping transition an organization to a new process, technical system, or an entirely new business model.

These professionals are accountable for researching, planning, and implementing a variety of changes. Usually, they organize critical meetings composed of organizational leaders and present their findings backed up by factual research data outlining the benefits the organization will receive if they proceed with the change.

In an academic partnership with the University of Central Nicaragua, Taksha Smartlabz (TSL-UCN) offers an acclaimed online PhD in management. This online PhD course is provided on a par with the regular program. It blends online learning flexibility, coupled with hands-on training to help students meet their professional goals and grow as a thought leader in your chosen field of work.

Choosing our online PhD in management course is a solid decision on any front. Learn more by reading further:

• The program is crafted to help students develop both professional and personal skills.
• More emphasis is given to developing enhanced scholarly skills through research, publishing articles, and book reviews.
• TSL-UCN utilizes and implements various new teaching methodologies and tools that will enhance the student’s learning capacity and abilities.
• Gain the proficiency to become an excellent decision-maker and a thought-leader.
• TSL-UCN offers a well-structured, international standard curriculum that is internationally recognized.
• A unique, well-thought-out block-based learning methodology known as BRICS-backed up by a state-of-the-art learning and management system.
• Complete the PhD courses in management with ease with the support of our highly experienced global faculty, student mentors, and academic heads.
• Access to a complete repository of course and supporting materials accessible virtually anywhere or anytime.
• Students are also offered thesis and dissertation support as well as access to e-journals throughout their program duration.

With that, we hope that you now will be able to see what’s next after an MBA and how it can be valuable to your career as a business and management professional. Good luck!

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The Whys & Hows of a PhD After MBA

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Before anything, what is your reason to do PhD after MBA (Getting to add Dr. before your name doesn’t count!)

A PhD after MBA should be purely based on your interests as it alters the career opportunities that come your way after that. If you had the option to choose between an MBA and MCom after graduation, you would know that the choice was really about a career in corporate management or in academic domain. This is similar, except with higher stakes.

It does not imply that going for a PhD post-MBA will close career opportunities in corporate avenues, but it will certainly shape your career to be better suited for an academic domain, and even your corporate job will have a research undertone to it, such as research analyst or business development consultant that business giants like McKinsey, Endava, Boston Consulting Group, Morgan Stanley, BlackRock Associates, Securities Exchange Commission and Ernst & Young hire.

This blog discusses everything you need to know about PhD options abroad after MBA and how is it a good career option for you.

A PhD or a doctor of philosophy is the highest degree available in any given field and a Doctoral degree in Management does not just give you a competitive edge over an MBA, but also the opportunity to explore boundaries of the subject and conduct original research relating to the management field. The study of management draws from disciplines such as economics, psychology, and sociology. These are interesting disciplines for researching key aspects of management, including organizational behavior, organizational theory and strategy.

What are the Eligibility requirements for a PhD after MBA?

Other than the requirement of holding an MBA degree, the rest of the eligibility criteria are:

1. A good IELTS/TOEFL score to prove your English language proficiency. 2. A GMAT / GRE score is a must, depending upon the university you plan to apply to. 3. Academic transcripts and two-three letters of recommendation are also necessary. 4. More often than not, an interview is conducted either physically or via a video call to assess the student’s ability. 5. Depending on the university, candidates might be required to have a research idea or two ready to present to the university while applying.

How much time does it take to complete a PhD?

A PhD course in Management or Business, on an average, takes around three to five years to complete. The duration of the program and PhD program structure varies depending upon the country and university you select to continue your studies. Usually, the first two years cover the complete coursework that is part of the PhD program.

From the third year on, candidates can devote their time to identifying and working on their research problem, collecting and analyzing data and writing their dissertation thesis. This will be followed by qualifying exams or seminars or thesis defense or combination of the three as a final part of their PhD.

Why pursue a PhD abroad?

PhD is advantageous even in India, but a PhD abroad is loaded with upsides. Many students opt for a PhD abroad because of the following reasons:

✔ Wide Variety of research interests and topics for dissertations to choose from. ✔ World-renowned program supervisors, who are specialists in their academic fields. ✔ Substantial Stipend or Tuition Waiver to PhD students that amounts to $15,000 to $30,000 as compared to 25,000 to 28,000 rupees (less than $384) per annum in India. ✔ Increased facilities and exclusive access to museums, sites, information centers, archives or equipment. ✔ A well-funded network of Public Universities offering a number of academic instructors allowing students to choose from. ✔ Elaborate coursework of two to three years before dissertation research, enabling students to get in-depth knowledge of the subject. ✔ Option for lab rotations for students in their first year to effectively decide the lab they want to do their dissertation work in. ✔ Broad network and increased opportunities for placements in the top firms.

Top PhD programs after MBA

There are plenty of doctoral dissertation areas which are considered to be immediately marketable assets furnishing you with a competitive edge in today’s workforce. Following is the list of top PhD programs post-MBA offered by world ranking universities:

1. Behavioral Science 2. Accounting 3. Economics 4. Management Science & Operations Management 5. Marketing 6. Financial Economics 7. Finance 8. Econometrics and Statistics 9. Accounting & Management 10. Business Economics 11. Health Policy (Management) 12. Management 13. Organizational Behaviour 14. Strategy 15. Technology & Operations Management.

What are the employment opportunities after PhD?

PhD abroad post-MBA is a booster pack that gets you some of the most well-reputed and high-salaried jobs in the world.

A majority of students take up lucrative teaching opportunities in B-schools globally. There are also other esteemed positions including research associate, investment analyst, managing director, senior marketing manager, human resource manager, marketing manager, data analyst, business development manager, associate, business analyst, team leader, consultant and financial economist, that many students go for.

If you are thinking of breaking into academics or want to upgrade your career with a PhD from top universities abroad, we can help. Just a 15-minute session with our admission consultant will help you iron out your worries and give you a clear cut roadmap to chart a course to your dream PhD program. It’s free and absolutely worth your time!

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PhD After MBA – Step by Step Guide 2022

Written by   piyush bhartiya , mba.

PhD after MBA can simply be called the ‘road less taken.’ Not many people pursue a PhD in Commerce , it is a field that is relatively unknown and does not attract many pursuers.

PhD after MBA is more useful in the academic field than a professional one. The ROI and opportunity cost for this course are also not up to the par initially, however, it does not mean that the course is not worth it, a PhD can be quite rewarding if done right.

Table of Contents

PhD After MBA

PhD after MBA may not be as advantageous as one may expect it to be. After getting done with an MBA, many prefer to increase their work experience rather than pursue a PhD; but if you are interested in doing research in the field of your interest, PhD may be the perfect course for you to take up.

Apart from the extensive knowledge which the course provides, PhD researchers also get a chance to do individual research and study which puts them apart from other managers. 

• PhD is a rigorous course that requires a lot of dedication and hard work.
• It can be tedious as there is a lot of time one needs to invest in a PhD
• The PhD course combines theoretical knowledge with practical application.
• There are many practical approaches and methods like field studies , experimental methods , econometrics , etc. which are used during PhDs. 
• It is a course for those who want to teach Management . 
• The profession of the Professor is most reputable and sought after.
• PhD researchers also work as consultants in the top firms.
• PhD trains researchers and increases their analytical skills.
• Positions in analytics are offered commonly to PhD researchers because of their skillset.
• The growth is considerably slow and one may not earn much before getting tenure.

Benefits of phd after mba

While we’re in the specifics of each PhD after MBA school, let’s have a look at the benefits of PhD after MBA and why it’s such a good career choice:

• PhD after MBA allows students to undertake research and perform in-field studies of ideas and specialities that you couldn’t do during your MBA.
• MBA degrees give profitable employment opportunities in and of itself, but after obtaining a PhD, MBA degrees become considerably more useful.
• The research conducted during a PhD following an MBA helps to raise knowledge of new business insights and trends throughout the world, which aids in more effective company management.
• Having an MBA degree, a person with a PhD can earn a lot of money. A top MBA College lecturer earns millions more than someone with an MBA degree.
• PhD after MBA permits them to work in the field of management, finance, or business research, setting them distinct from other managers who have just completed an MBA.

PhD Courses after MBA

Phd finance.

• PhD Finance is a research-based programme that prepares students for a successful academic career.
• After earning an MBA in Finance, students pursue a PhD in Finance.
• PhD finance focuses on advanced topics such as share valuation, privatisation and globalisation, cost and management accounting, and so on.

PhD Marketing

• PhD Marketing is a three-year doctoral degree that prepares students to teach and do research in the disciplines of marketing and allied fields.
• The entrance test and personal interview are used to determine admission to this programme. After completing an MBA in Marketing, any applicant with a postgraduate degree in a related field is entitled to apply for a PhD.
• PhD Marketing is a highly competitive field, with jobs such as Market Research Analyst, Marketing Communications Leader, Marketing Executive, and others paying between INR 2,00,000 and INR 10,00,000.

PhD Organization Behaviour

• PhD Organization Behaviour is a three- to five-year doctoral programme that studies human behaviour in organisations.
• A candidate for a PhD following an MBA in Organization Behaviour must have a Master’s degree or an M.Phil. in the relevant subject of study with a minimum aggregate of 55%.
• Candidates can get work in organisations such as Academic Institutions, Colleges, Finance, Marketing, Information Technology, and others after successfully completing the Ph.D. Organization Behaviour programme, with an average pay of INR 4,00,000 – INR 8,00,000.

PhD Business Management

• PhD Business Management is a three-year doctoral degree that focuses on actions such as leading, monitoring, coordinating, and planning that are involved in operating a business.
• A master’s degree in related fields with a minimum aggregate of 50% or higher qualifies a student for a PhD after completing an MBA in Business Management.
• PhD in Business Management graduates can find work in areas such as colleges and universities, finance, information technology, banking, management, operations, supply chain management, MNCs, product development, human resources, and more, with average salaries ranging from INR 4,00,000 to INR 8,00,000.
• PhD in Management

PhD in management is one of the highest academic degrees awarded in the study of management. A PhD in Management degree was designed for those seeking academic research and teaching careers as faculty or professors in the field of management at business schools worldwide.

Following are the advantages of doing PhD in Management :

• To gain a competitive edge: A PhD in Management is an immediately marketable asset that will give you a competitive edge in today’s workforce. A PhD in Management proves that you have an impressive level of credibility, proving expertise in your field of study and a lifelong commitment to learning which will help you fulfill your professional goals.
• Helps you become a better thinker: A good PhD in Management program encourages you to do more than just consume what has been taught in the classes – it teaches you to create it and become a good thinker. By moving past passive learning, you’ll achieve newer levels of critical thinking that you can apply in new ways in your career and field of interest.
• Skills enhancement: A PhD in Management can help you gain and enhance valuable skills that are universally applicable to any field. The degree can also empower you to make more of an impact in your current role by giving you expertise outside of your organization, which in turn which helps people around you as well. Once you begin your studies, you may find colleagues turning to you for guidance.
• Become a scholar-practitioner: A PhD in Management will give you the knowledge and confidence you need to not only attend academic conferences but present at them. You’ll discover your scholarly voice, write a dissertation, and may find yourself authoring peer-reviewed articles published in your field’s leading journals.

PhD Course Duration After MBA        

The duration for PhD after MBA may vary depending on the research topic , methodologies, and investment of time and labour .

On average, the completion of PhD may take 4 to 5 years . The duration may also vary depending on the country and institution.

Eligibility For PhD After MBA

Though particular requirements differ by university, there are some fundamental requirements for a PhD following an MBA or any other postgraduate study that every applicant must meet. The fundamental qualification for a doctorate degree is a master’s degree in the corresponding subject (from a recognised institution). If you want to apply for a PhD in Business Administration, for example, you must have completed a postgraduate course like an MBA or MIM. In addition to this, you will be required to submit the following papers:

• One must have a good IELTS or TOEFL exam score to prove their English language proficiency . 
• One must also have a respectable GRE / GMAT score, it may vary as per the university.
• Students must also submit their essays, SOP , and transcript.
• At least 2 to 3 Letters of Recommendation are required to be submitted by the student. 
• Often times, an interview is conducted either physically or online via video call to test student’s knowledge and eligibility.
• Students must have a dissertation ready and a thesis statement or an idea.
• It is important that the students are well versed with what they want to do and have a clear idea about their objectives.
• At top-rated Business Schools, the acceptance rate is around 3 to 5%

Can I do a PhD after MBA?

Yes , one can do a PhD after MBA . There are Various Business Schools all over the world that offer PhD programs that can be pursued after an MBA.

For the MBA itself, many schools require some years of work experience. By the time a student may choose to pursue an MBA, they may already have the direction they want to take in their life.

A PhD after an MBA is not a popular choice but many students still decide to pursue the research either out of interest or for better opportunities. To pursue a PhD, the eligibility criteria include 50% or more marks in the post-graduation, and students are also required to take up an entrance exam. For anyone who has done an MBA, the field of PhD is open for them.

Also Read: MBA Study Material

After MBA PhD Courses

There are several PhD courses after MBA which a student may choose. There is no dearth of specialization in the field of management due to its vast scope.

Each research in each area is equally important as the PhD in Management is quite an unexplored field.

There are several courses one may take, like:

• Entrepreneurship
• Decision Sciences 
• Human Resource Management
• Organizational behaviour

How to do PhD after MBA?

There are many options for students who want to do a PhD after their MBA is done. It is important that the MBA course the candidate has done is for the duration of 2 years . Along with these basic requirements and minimum qualifying scores, letters of recommendation, research proposal and work experience aids in increasing the chances of getting admission into top universities. In India, it could take between 3 t o 5 years to complete PhD after MBA while abroad, it can take anywhere between 4 to 7 years.

It is also most important that the students must choose their field of interest and work in that direction only.

Students have the choice to pursue a PhD in India or abroad . The application for both remains more or less the same. To do a PhD after MBA abroad , one has to additionally give exams like GMAT or GRE and language proficiency exams like IELTS or TOEFL .

For India, exams like CAT are applicable.

PhD After MBA in India

There are several advantages to pursuing a PhD after an MBA, including gaining a competitive advantage in the management and business worlds, as well as the research and professional experience required to pursue high-paying managerial positions in India and overseas.

What you should know about pursuing a PhD in India after completing an MBA:

• Duration : In India, depending on the curriculum and university, you can earn your PhD after an MBA in 3-5 years.
• Eligibility :To apply for a PhD in India, you must have finished a two-year MBA programme and passed the UGC-NET or GATE test, as well as qualify for admission to India’s top business schools and universities.
• Requirements : To boost your chances of getting a PhD after an MBA in India, you’ll need GATE / UGC – NET / CSIR – NET scores, a research proposal, letters of recommendation, and optional job experience.
• Indian Institutes of Management Studies (IIMs)
• Indian Institutes of Technology (IITs)
• National Institute of Management, Calcutta
• Faculty of Management Studies, University of Delhi
• Benaras Hindu University
• PhD in Organizational Behaviour/Management
• PhD in Behavioural Finance
• PhD in Applied Statistics
• PhD in Information Technology/Data Analytics
• PhD in Market Analysis and Research

NOTE: It is often advisable that students choose the area for research in which they have specialised during their MBA. It is however not compulsory.

PhD After MBA In Distance Education

One can do a PhD after MBA in Distance Education but few things need to be taken into consideration.

It is important that the institution from where the candidate has pursued their MBA in Distance education form is recognised by the UGC or any other supreme commission, as relevant to the country.

Also, the degree must match the eligibility criteria as well for the PhD program one is applying to.

Can I do a PhD after Distance MBA?

• Yes, one can do a PhD after a distance MBA.
• The institute must be recognised by UGC.
• Universities cannot differentiate between the degrees.
• The degree earned must be in tandem with the degree mentioned in the eligibility criteria. 
• The application process is as same as the process for regular courses.
• Candidates must submit their mark sheets, documents, essays, SOP s, etc. like any other regular candidate.
• The admission in a PhD program is based mostly on entrance exams and interviews. 
• Some institutes may prefer regular students over the ones who pursue their degrees via distance education mode.
•  The decision to select a candidate or not is solely based on the discretion of the university.

Best College to Study PhD After MBA

There is a lot of scope for pursuing PhD after MBA abroad . There is also a greater advantage of its scope and recognition in countries abroad.

Some of the top business schools around the world that offers PhD after MBA are as follows:

PhD After MBA in USA

PhD after MBA in USA is the most popular place, it especially is a great place to pursue a PhD after MBA because of a highly research-friendly environment.

The USA is home to the top business schools and offers students with unlimited data and resources to facilitate their research. The amenities provided to PhD researchers are quite good here as well.

• University of Pennsylvania
• Harvard University
• Stanford University
• The University of California
• Columbia University
• Kellogg School of Management 
• The University of Chicago
• Washington University 
• Cornell University
• University of Michigan

Also Read: PhD in USA

PhD after MBA in Australia is a very pleasant place to be at and it is also home to many great universities.

PhD After MBA in Australia

There are many great B-schools that offer PhD programs after MBA . There is a lot of scope for applying practical methods here because of the way businesses and cor[orates are run here.

Students will have a lot of opportunities to conduct researches and collect primary as well as secondary data.

• University of Sydney
• University of Melbourne
• University of Queensland
• Australian National University
• UNSW Sydney
• University of Western Australia
• Queensland University of Technology
• University of Canberra
• Monash University
• University of Adelaide

PhD After MBA in Germany

PhD after MBA in Germany is probably the best place because of the many facilities like the grant which is available for students.

Germany boasts of some of the best universities in the world and has the best management programs as well. Many universities in Germany offer PhD in management and great guidance to students to help them in their research work.

• Technical University of Munich
• Heidelberg University
• University of Berlin
• University of Hamburg
• Humboldt University of Berlin
• University of Freiburg
• Bielefeld University
• Karlsruhe Institute of Technology
• RWTH Aachen University

PhD After MBA In UK

UK is the home to many of the top business schools in the world the following are some of the top universities in UK that offer PhD after MBA:

• University of Warwick: Warwick Business School
• Durham University Business School
• University of Nottingham: Business School
• The University of Edinburgh: Business School
• Cranfield School of Management
• Leeds University: Business School
• University of Exeter: Business School
• Lancaster University Management School
• University of Birmingham: Business School
• University of Glasgow: Business School

PhD After MBA In Canada

Canada is one of the top sought after countries for pursuing higher studies and the following are some of the top Business schools in Canada offering PhD after MBA:

• McGill University – Desautels Faculty of Management
• University of Toronto Joseph L. Rotman School of Management
• University Of British Columbia Sauder School Of Business
• Western University – Ivey Business School
• HEC Montréal
• York University Schulich School Of Business
• Smith School of Business – Queen’s University

PhD After MBA In Finance

PhD in Finance gives students an excellent academic career as it is a research-oriented course 3 year course . Students usually pursue PhD in Finance after graduating with an MBA degree in Finance.

PhD in Finance deals with the advanced study of Management Accounting, Valuation of Shares, Cost, Privatization and Globalization, etc.

The minimum academic requirement for applying for a PhD in Finance is Post Graduation in courses with a minimum aggregate of 55% in Accountancy, Economics or Mathematics 

Students are also required to obtain the minimum qualifying marks in entrance exams such as UGC NET, RMAT, JNUEE, GTU PhD Entrance Exam.

PhD in Finance requires expertise in subjects like Mathematics and Economics .

The top universities offering this program are:

• Indian Institute of Foreign Trade
• Narsee Monjee Institute of Management Studies
• Indian Institute of Management, Ranchi
• Indian Institute of Foreign Trade (IIFT)
• The Centurion University of Technology and Management
• Birla Institute of Technology and Science

Scope Of PhD After MBA in Finance

PhD after MBA in Finance has opportunities after opportunities. There is a wide scope of opportunities and many companies look out for such candidates to hire because of their skill and both theoretical and practical knowledge.

Students once graduated with a PhD in Finance after MBA often find work as Stockbroker , Statistician , Finance Manager, Corporate Banking Executive , etc.

Top companies like the ones mentioned below seek to recruit the candidates who have completed their PhD in Finance.

• TATA Consultancy
• Genpact Technologies Ltd

PhD After MBA In HR

PhD in Human Resource Manage ment is a doctorate program spread over 3 to 5 years and deals with the policies and teaching processes that organisations follow to maximise efficiency and productivity. It also teaches the candidates the necessary skills required to become an efficient human resource manager.

The minimum academic requirement for applying for a PhD in HR is Post Graduation in courses with a minimum aggregate of 55% from an Indian institute or a recognised foreign institute.

Students are also required to obtain the minimum qualifying marks in entrance exams such as UGC NET, CSIR NET, JNUEE

Scope Of PhD After MBA in HR

Students once graduated with a PhD in HR after MBA often find work as Human Resource Manager. HR Executive, HR Consultant, Training Coordinator, Training Manager, Recruitment Consultant, Personnel Manager, HR Director, etc.

PhD After MBA In Marketing

PhD in Marketing is a doctorate program spread over 3 years to prepare students to perform research in marketing fields and also a career in the academic field.

The minimum academic requirement for applying for a PhD in Marketing is Post Graduation in courses with a minimum aggregate of 55% from an Indian institute or a recognised foreign institute along with a follow up interview as required by the institute.

Students are also required to obtain the minimum qualifying marks in entrance exams such as  UGC NET, CSIR NET, ICMR JRF

Scope Of PhD After MBA in Marketing

Students once graduated with a PhD in Marketing after MBA often find work as Brand Manager, Market Research Analyst, Marketing Executive, Marketing Manager, New Product Manager, Teacher & Lecturer, Tell Caller/Tele sales, etc

PhD After MBA Salary

Obtaining a PhD after MBA also aids increasing a person’s salary and it can be anywhere between an average salary of INR 2,00,000 to- INR 14,00,000. Graduates can also opt to work in corporate firms or as Professors in MBA universities.

Scope Of PhD After MBA

PhD after MBA opens up doors to many opportunities such as research in various fields such as f inance, management or business. Along with that, graduates can also opt to work in corporate firms or as Professors in MBA universities

Ans. There are many options for students who want to do a PhD after their MBA is done. It is important that the MBA course the candidate has done is for the duration of 2 years . The most common career path that is chosen is teaching.

Ans. You can complete your MBA in 1- 2 years as compared to PhD which takes 4-6 years. So MBA is considered advantageous as it allows the student to start their career far sooner.

Ans. Yes, you can do PhD while working, but this can only happen if you are keen to work. Working full time and doing PhD is not easy, you won’t  make progress without constant effort.

Ans. Yes, you can do PhD at the age of 40, most of the person who do this are mostly in education sector. The only problem that comes up is that not all programs will be open for you.

Ans: Yes, one can do a PhD after MBA. There are Various Business Schools all over the world that offer PhD programs that can be pursued after an MBA. For the MBA itself, many schools require some years of work experience.

About the Author & Expert

Piyush Bhartiya

Piyush values education and has studied from the top institutes of iit roorkee, iim bangalore, kth sweden and tsinghua university in china. post completing his mba, he has worked with the world's # 1 consulting firm, the boston consulting group and focused on building sales and marketing verticals for top mncs and indian business houses., related posts.

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Home  >  News & Articles  >  PhD after MBA: In India, Admissions 2024, Entrance Exams, Fees

Sheeza Khan

Updated on 20th February, 2024 , 8 min read

PhD after MBA: In India, Admissions 2024, Entrance Exams, Fees

A PhD after an MBA is an advanced program where you can become a doctor in a specific area of business Finance, Marketing, Operations, or Human Resources. To qualify, you generally need a 2-year MBA degree and you should pass exams like  UGC-NET or   GATE . Having a good score, a research plan, recommendations, and work experience make it more likely to get into a top MBA college. It usually takes 3-5 years to finish a PhD after MBA in India, but it could be 4-7 years abroad.

Also read: Top PhD Entrance Exams in India 

In the realm of MBA dreams, institutions like  FMS New Delhi ,  BHU , the prestigious IIMs, and the ingenious IITs stand tall as the elite havens for pursuing a PhD after your MBA adventure. 

Further Reading: IIT Madras PhD Admission 2023

Venturing into the realm of a PhD after MBA opens doors to the realms of teaching and delving deep into the realms of research. Many of you might be wondering about the average salary package spanning from INR 2,00,000 to INR 14,00,000.

More PhD Courses: 

More about MBA: 

PhD After MBA: Course Details

Also read:  GATE Study Material

Why pursue PhD after MBA?

Pursuing a PhD after an MBA in India can offer several compelling benefits:

• Deep Expertise: A PhD allows you to specialize and delve deeply into a specific area of business, enhancing your expertise and knowledge in your chosen field.
• Research Opportunities : A PhD program provides you with the chance to contribute to cutting-edge research in business and management, potentially leading to valuable insights and innovations.
• Academic Career : If you aspire to an academic career, a PhD is often a requirement for becoming a professor at universities and business schools, allowing you to educate the next generation of business leaders.
• Career Advancement : A PhD can set you apart in the job market, opening doors to higher-level positions and leadership roles in both corporate and non-corporate sectors.
• Personal Fulfillmen t: Undertaking a PhD is a journey of personal growth and intellectual challenge, allowing you to engage deeply with your chosen subject matter and develop critical thinking skills.
• Networking : Doctoral programs provide opportunities to connect with experts in your field, fellow students, and professionals, expanding your professional network.
• Enhanced Problem-Solving: PhD programs often cultivate advanced problem-solving skills, which can be applied to complex business challenges.

Also Read:  Tips to prepare for UGC Net

More MBA Courses: 

Who should pursue PhD after MBA?

Eligibility criteria for pursuing a PhD after an MBA in India can vary depending on the specific university, institute, and program. However, there are general requirements that are commonly applicable:

• MBA Degree : Candidates must hold a Master's in Business Administration (MBA) degree from a recognized university or institute. This demonstrates a foundational understanding of business and management concepts.
• Minimum Marks: Many institutions require candidates to have obtained a certain minimum percentage or  grade point average (GPA) in their MBA program. This threshold can vary, but it's typically around 55% or equivalent.
• Relevant Subjects : The candidate's MBA specialization should align with the field of study they wish to pursue for their PhD for instance, if you want to pursue a PhD in Marketing, your MBA specialization should have been in Marketing.
• Entrance Exam: Some universities and institutes may require candidates to clear a relevant entrance examination specific to the PhD program they are interested in. This could involve subject-related questions, research aptitude, and general knowledge.
• Research Proposal: Applicants are often required to submit a research proposal outlining their intended area of research. This proposal should demonstrate a clear research question, objectives, methodology, and potential contribution to the field.
• Work Experience : While not always mandatory, having relevant work experience can be advantageous, especially for certain specialized PhD programs. It can demonstrate practical knowledge and a real-world perspective on the subject.
• Interview:  Some institutions may conduct interviews as part of the selection process. This is an opportunity for candidates to discuss their research interests and demonstrate their commitment to the program.
• Qualifying Examinations : In some cases, candidates might need to qualify for national-level exams such as  UGC-NET (University Grants Commission - National Eligibility Test) or  GATE  (Graduate Aptitude Test in Engineering) to be eligible for certain PhD programs.

PhD after MBA: PhD Finance Course Details

PhD in Finance is a research-focused program offering strong academic prospects. Typically pursued after an MBA in Finance , it's available at esteemed institutions such as IIMs, FMS New Delhi , ISB , and IIT. The program delves into topics like Share Valuation, Privatization, Globalization, and Management Accounting.

Further Reading: MBA Finance Syllabus & Subjects 

PhD after MBA: PhD Marketing Course Details

PhD in Marketing is a 3-year program aimed at training students for teaching and research in marketing and related domains. Admission is based on entrance exams and interviews. Candidates with relevant postgraduate qualifications, including an MBA in Marketing, can apply. The program offers diverse career paths, like Market Research Analyst, Marketing Communications Leader, and Marketing Executive.

Further Reading: MBA in Marketing

PhD after MBA: PhD Organizational Behavior Course Details

PhD in Organizational Behavior is a 3 to 5-year program studying human behavior in organizations. Eligibility requires a master’s or MPhil degree with a 55% minimum aggregate after an MBA in Organizational Behavior. Graduates can secure positions in Academic Institutions, Colleges, Finance, Marketing, IT, etc., with average salaries ranging from INR 4,00,000 to INR 8,00,000.

PhD after MBA: PhD Business Management Course Details

PhD in Business Management is a 3-year program focusing on business operations like leadership, organization, and planning. Eligibility requires a master’s degree with relevant subjects and a minimum aggregate of 50% or more, post-MBA in Business Management.

PhD after MBA: PhD HR Management Course Details

PhD in Human Resource Management is a 3 to 5-year program focusing on teaching organizational processes for productivity enhancement. It prepares students for HR management roles, requiring a master’s degree from a UGC-recognized or foreign university post-MBA in HR Management. 

PhD after MBA: PhD Management Studies Course Details

PhD in Management Studies is a 3-year program imparting management and organizational skills. Eligibility requires a master's degree in a related field with 50-60% aggregate, post-MBA in Management Studies.

Further Reading: BMS Course Details 

PhD after MBA: PhD Banking and Finance Course Details

PhD in Banking and Finance is a 3-year program designed to provide comprehensive knowledge in domestic and international banking, economics, and investment. A master's degree from a recognized university is the minimum eligibility for PhD after MBA in Banking and Finance. Graduates can secure positions in educational institutions, stock exchanges, banks, etc., with average salaries ranging from INR 1,80,000 to INR 6,00,000.

Further Reading: MBA Finance Jobs 

PhD after MBA: PhD Disaster Management Course Details

PhD in Disaster Management is a 3-year program focused on Environment and Disaster Management. Eligibility entails a master’s degree or M.Phil in the relevant field with at least 55% aggregate and 5 years of work experience.

Also Read: PhD in IGNOU

PhD after MBA: PhD Commerce and Management Course Details

PhD in Commerce and Management is a 3-year program focusing on commerce and business management education. To qualify for PhD after MBA in Commerce and Management, candidates need a master's degree, MBA, or MPhil with at least 55% aggregate.

Further Reading: BMS Subjects & Syllabus

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Frequently Asked Questions

Can phd be done after mba.

Certainly, it is possible to pursue a PhD after completing an MBA. To embark on a PhD journey, an individual should possess a master's degree in relevant fields, accompanied by a minimum aggregate score of 50-60%.

What are the PhD courses after MBA?

PhD programs in Finance, Management Studies, Business Management, Business Administration, Banking and Finance, and Marketing stand out as prominent choices for further studies following an MBA.

Can I do a PhD from IIM?

Indeed, the Indian Institutes of Management (IIMs) provide PhD programs subsequent to MBA studies in disciplines such as Human Resource Management, Business Management, and Business Administration, among others.

Can I do a PhD after MBA in HR?

Indeed, undertaking a PhD following an MBA in Human Resource Management presents advantageous prospects for embarking on roles such as HR managers, executives, consultants, and various other related positions.

Does a PhD after MBA make sense?

Certainly, pursuing a PhD after completing an MBA is a strategically sound choice, offering distinct advantages in terms of enhanced job prospects and a strengthened position in the realm of teaching professions.

How many years is PhD after MBA?

PhD after MBA is normally for 4 - 6 years.

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27 Courses after MBA you can Consider to Upgrade Your Career

If you have completed your MBA, congratulations! You now have a strong network and are exposed to new career opportunities. But sometimes, a general management degree may not be enough for you to dive deeper into a specific area of interest. That is why there are several well-known courses after MBA that you can opt for. If you are wondering why you should pursue a course after MBA, let us inform you that an MBA degree is one of the most sought-after programs worldwide. This means that you will face stiff competition to stand out from your peers.

Here is where a course can help you. Once you complete a short-term course after MBA, you have icing on your cake. A good course indicates the extra effort you have put in to be the best in the business. That never goes out of notice!

Now that we have your attention, let us inform you that we have curated a list of 27 courses after MBA that you choose from. Are you excited?

Also read: Jobs Opportunities after MBA in India 2021- Complete List of Career, Scope, salary and Post MBA Degree

In this blog, we will cover the following topics:

1. Different courses after MBA that you can apply

2. commonly asked questions.

In this section, we will cut to the chase and discuss 27 different short courses after MBA that will give you the boost to speed up your career. Do stick with us until the end, as we will also discuss the various questions you might have upon reading these course options!

Let’s begin.

I. ISB Certificate Programme in Business Analytics (CBA)

The ISB Certificate Programme in Business Analytics or CBA is also known as the Advanced Management Programme in Business Analytics or AMPBA. This is a short-term course after MBA for mid-career professionals with 2-15 years of experience. The duration of the program is 15 months.

This Indian School of Business course is an excellent opportunity for you to balance your work and your pursuits. This program combines classroom learning with technology-aided learning platforms. This program also uses foundational projects with different modules to help you learn real-world solutions to business problems.

Also read: Indian School of Business

Typically, for this course after MBA, you will have to be on any of the two campuses of ISB for a 5-day schedule of classroom learning. This occurs every alternate month for 12 months, which can be planned to include a weekend. During the classroom sessions, you would be expected to stay on campus and attend teaching sessions in the morning and guest lectures, projects, and group work in the evening.

For more information, check out ISB’s page .

Also read: ISB YLP: The Guide for Every Fresher’s MBA Dreams!

II. Ph.D. in Management

A Ph.D. in management offered by different IIMs will help you gain a deeper perspective into management. It is an ideal course after MBA, especially for those in the consulting field and those looking for a career in academics. This program is spread across 4-5 years, where you will be dedicated solely to research from your third year.

The Ph.D. in management will offer you research topics across marketing, finance, economics, human resources, etc. Other benefits include a library with various literature, journals, and databases. Along with this treasure of knowledge, you would also enjoy high computing facilities, lodging on campus, fellowship, and money for research!

This program also focuses on improving your business management fundamental and leadership skills to help you stand apart in your industry. You will be involved in monitoring, controlling, leading, planning, and organizing business activities.

To know more about Ph.D. in Management, click on this link .

III. Executive MBA

Designed for working professionals who are in mid-senior level, the Executive MBA is a shorter MBA program that can add the ‘double MBA’ tag on your resume! Several B-Schools in Indian and abroad offer Executive programs that help you interact with the best in the industry to take your career to the next level.

According to HughesEducation.com , the top Indian B-Schools offering Executive MBA programs are listed down below. We have also shared the fees required for each of their Executive MBA programs.

Also read: What is the ROI of an Executive MBA?

IV. Doctor of Business Administration

DBA or Doctor of Business Administration graduates move to become leaders in the industry or the public sector. If you choose this course after your MBA, you will have several career options as a financial analyst, consultant, manager, or director. The DBA also offers courses and specializations in various fields that help you cultivate high-level decision-making and problem-solving skills.

If you are interested in this program, let us inform you that applicants require a minimum of 3.0 GPA or a related master’s degree. While some DPA programs do admit bachelor degree holders with experience, but they would need to complete foundational coursework.

To know about the best Doctor of Business Administration programs across international B-Schools, click on this link .

V. Postgraduate Diploma In Marketing Management

If you wish to succeed in the marketing world, you would need a lot of creativity and proper strategy. While the former is entirely on you, the latter can be taught and understood in a B-School. That is why a management graduate with a marketing degree becomes the choicest candidate.

To know more, you can click this link .

Also read: What to Do After MBA: Here’s How You Can Become a Marketing Manager

VI. Certified in Production and Inventory Management (CPIM)

The APICS CPIM or the Certified in Production and Inventory Management is a globally recognized certification. If you wish to establish yourself in the supply chain division, this certification will help you get that extra boost. In this course, you will get a thorough understanding and knowledge of the production planning and inventory management of a company in global operations.

This certification has five modules with two APICS CPIM exams- Part 1 and Part 2. Each module will require 3.5 hours to complete. As for the fee for the APICS PLUS members, it is $495 per exam, and for CORE members/non-members, it is $690 per exam.

Also, you can prepare for this exam at your convenience, as the entire course materials are available online!

VII. Project Management Professional (PMP)

Project Management Professional or PMP certification is issued by the Project Management Institute or PMI. It is a non-profit organization in the area of project management. This certification is ideal if you wish to be a leading Project manager. It is also a testament that you have what it takes to get the job done, considering the hours of effort you will put in for the certificate.

Now they have a long list of requirements which starts from having 4500 hours leading and directing projects. This is in addition to a four-year bachelor’s degree and 35 hours of project management education. What we can understand is that it is suited for mid-senior level professionals. Now, if you do not have a four-year degree, you will need a high school diploma or equivalent and an addition of 7500 hours of leading and directing projects.

As for the exam, it will be of four hours with 200 multiple-choice questions. The cost involved would be US$405 for members and US$555 for non-members.

For more information, kindly check out PMI’s website.

Also read: Post-MBA Career in IT Project Management

VIII. Chartered Financial Analyst (CFA)

This short-term course after MBA is designed to meet the needs of the finance world and able you with the correct information to handle it. For this course, you only require a bachelor’s degree. Another good news is that if you are a student in your final year of graduation, you can apply for this certification course!

With this certification, you are sure to land a job in investment banking, portfolio management, equity research.

Now, if you are a working professional, you can pursue this program along with your job. All this course will require is that you give over 300 hours to prepare for the three levels.

For more information, you can click on this link.

IX. Financial Risk Management (FRM)

Did you know that FRM is one of the most chosen short-term courses after MBA? This short-term course would be ideal for you if you wish to work for investment banks, corporations, or asset management firms. Also, You do not need to be a mid-senior professional to be eligible to apply for this course. All you need is a minimum of two years of work experience. They also do not have any educational requirements.

Now, GARP offers this program with two levels. They hold the exam twice a year- November and May. All you will need to do is spend an average of 275 hours of preparation for this exam.

For more information, you can check out GARP’s website .

X. Certified Information Systems Auditor or CISA

This short course after MBA is conducted by the Information Systems Audit and Control Association (ISACA). If you are interested in the IT sector, then this certification is meant for you. Firstly, you will need five years of IT audit experience before you are eligible for getting the certification.

The exam is held thrice a year between February to May, June to September, and October to January.

For more information, you can check out ISACA’s website.

XI. Certification in Risk Management Assurance (CRMA)

This short-term course after MBA is organized by the Institute of Internal Auditors (IIA) for risk managers. Once you earn this certification, it will help you demonstrate your ability to ensure core business processes in risk management and governance.

However, if you choose to go ahead with this course, you need to work hard as this course does not have a fixed syllabus. As for eligibility, you will need a character certificate signed by an authorized person and a graduate degree and job experience in the finance sector.

This exam is ideal for you if you wish to build a career in credit risk management, risk assurance, quality assurance, audit, etc.

For more information, click on this link.

XII. Certified in Production and Inventory Management (CPIM)

This course after MBA is a global certification for those of you who are interested in the supply chain. This program will help you get holistic information about the production, planning, and stock management of an organization’s operations.

Regarding the syllabus, the materials are available online, which means that you can prepare for this exam at your convenience.

XIII. SAP course

The SAP course after MBA will help you learn about managing financial assets, materials, cost accounting, production operations, personnel, and archived documents of a company. This program is divided into two courses- functional course and technical course. This means that you will be focusing more on coding modules.

XIV. Post Graduate Diploma in Computer Applications (PGDCA)

This course after MBA is conducted with programming languages like Java, C, C Packages. They also use operating systems like MS Office- Web Design, TALLY, Oracle-VB for information handling. Now, the good news for you is that you can either choose the one-year course (either full-time or part-time) with no previous experience.

XV. NSE’s Certification in Financial Markets

This course after MBA is ideal for those interested in capital markets. It also covers various areas of banking, financial markets, financial services, and financial literacy.

Also read: Post-MBA careers in Finance: 5 Key Points

XVI. Personality Development

Good speaking skill is a must-have in any industry today. So it is natural that if you opt for the personality development course after MBA, it will help you enhance your communication skills which in turn, will help you present your ideas with confidence. You can even choose to take this course before applying for a job to teach you how to communicate during an interview effectively.

XVII. Society for Human Resource Management

If you wish to impact the HR domain significantly, this course after MBA is well suited for you. This course after MBA HR will help you learn how to find practical solutions to real-world HR problems.

Did you know that HR management is one of the most popular branches in the MBA course? Every company requires a human resource department to act as the bridge between their employees and the management.

Also read: MBA in HR (Human Resource) – All About the Course, Syllabus & Scope

Upon completing this course, in addition to your MBA, you would be ideally suited for the following job roles:

• Recruitment Executive

• HR Executive

• Assistant Manager

• Business Development Manager

• Senior Associate

If you wish to enhance your resume and capabilities further, we are also sharing a few more courses that you can pursue after your MBA in HR.

• Talent Management Practitioner

• Certified Professional in Learning and Performance

• Senior Talent Management practitioner

• Associate Professional in Talent Development

XVIII. Language Course

If you know multiple languages, it offers you the opportunity to connect with different people across borders and truly become a world citizen. As such, several businesses look for people who are well-versed in multiple languages. That is why, many B-Schools too, have realized the importance of knowing different languages.

If you take up a language course after MBA, it helps you stand out amongst the crowd and opens up the possibility for you to get a job in different countries. Now, we do not just mean foreign languages; even if you are well-versed in local languages within India, it will help you form a deeper connection with your clients and customers. Now that is an advantage!

XIX. Coding

Data moves the world. Nowadays, every business is looking to invest in big data, and you utilize this trend as well! If you pursue a coding course after MBA, it will give you a significant edge over your competition as MBAs with digital knowledge are well-suited for large companies. Armed with the information about technology, you will be able to create a more significant impact in your industry and your organization.

XX. AWS- Amazon Web Services

A few years ago, a cloud would have a different meaning. But now, with several key players in cloud services, you would be ideally suited if you pursue this course after your MBA. The reason is simple. Several businesses need in-house club services, and you can offer them an edge with your MBA as well.

XXI. Inbound Marketing Certification Course

Marketing is another key factor of a successful business. With an inbound marketing certification, you can market yourself as an ideal choice for different companies. The reason is simple: you will be better equipped with information about inbound marketing approaches and getting holistic training in content creation, communication, etc. This is especially relevant now, considering the digital boom we are all experiencing together.

XXII. Marketing Management Professional Course

This course will help you develop your strategic thinking, which in turn, will be a valuable asset for any company. Several international and national B-Schools like Kellogg School of Management and ISBM offer this course which utilizes marketing skills to create an impact.

XXIII. Data Science

With the dawn of the digital age, there is a lot of information that can be analyzed to understand customer behavior and create a product that suits their needs. These extensive data extracted from sources like log files, financial transactions, and social media need an expert to comprehend their meaning.

If you are one such professional who loves crunching data, then a career in Data Science is right. If you take up this course after your MBA, it would only enhance your resume and give your prospective employers another reason to consider you for the job.

If you have pursued an MBA in Information Technology or other related fields, you can enroll in a data science course after MBA.

XXIV. Fellow Programmes in Management from IIM’s

The Fellow Programmes in Management from IIMs is a doctoral management program. This program will help you with thorough research and interdisciplinary understanding in different areas of business management, such as corporate strategy, production management, economics, and social sciences.

XXV. Second MBA from an international business school

Now, this is an interesting trend that you might not have noticed. Several MBA graduates who pass out from Indian B-Schools wish to take their careers to a greater height. But they do not opt for a part-time course that might not help them significantly; they choose to get another MBA from International B-Schools.

A second MBA can be lucrative, but it also comes with its own set of challenges. One of them being the cost. At this stage, if you are in your 40s and you wish to pursue another MBA, you will also have to consider your family and how you will manage this transition. We would suggest thinking it through and then make a decision.

Also read: MBA in India vs. MBA Abroad

XXVI. Operations Management

This branch of Business Administration works with managing the operations and analyzing the success and failure rates. If you take up an operations management course after your MBA, you will be responsible for improving the company’s sustainability. You will find yourself working in the planning department, plant operations, logistics, etc. The different types of job roles that you can find yourself in are as follows:

• Manager for Supply Chain

• Manager for Sales and Operations

• Vice President for Infrastructure Operations

XXVII. Digital Marketing

Digital marketing is the go-to marketing solution now. With the Covid situation, more businesses are currently focusing on a bigger digital marketing team that can leverage this situation to churn out relatable content for different products and services. Suppose you have completed your MBA in Marketing, then a digital marketing course after MBA is just what you need to strengthen your resume. Also, with digital marketing, you can think of starting your venture someday.

Also read: Top 10 CEOs with an MBA Degree

Now, a word of caution here, you need to be careful while selecting an institute to complete your digital marketing course.

We hope these 27 courses after MBA will help you get in-depth knowledge about your specific field. We are sure your resume and capabilities will ensure that you stand apart from the crowd.

If you are yet to apply for your GMAT or MBA, you can know more about GMAT preparation in 2021 and MBA applications , or you can check our YouTube channel .

Additionally, if you specifically need help with your MBA Application Interview Prep , reach out to us, and we will be happy to help. Click on the image below for further information on the MBA Interview Prep process.

Is Your Profile Good Enough For An MBA

Is phd possible after mba.

Yes, you can pursue a PhD after your MBA. However, you should know about the eligibility factor. You would require 50% or more marks in your post-graduation.

Which MBA course has highest salary?

Your salary would depend on the various factors- experience, B-School reputation, your skills. However, some of the courses with the highest salaries are:

• Healthcare Management
• International Business
• Information Technology

Which MBA is most in demand?

The most popular MBA is the general management program. However, apart from them, the popular MBA programs are:

• International Management
• Finance Leadership

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Ph.D After MBA in India: Courses List, Eligibility, Duration, Career Scope

Mar 4, 2024

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Ph.D. after MBA in India attracts numerous students every year. Find more information about eligibility, courses list, duration, career scope, and much more.

Ph.D. after MBA is a diversified course with various insights shared with the aspirants. The article below throws light upon various questions students would want to understand, right from Can I Do Ph.D. After MBA, to different Ph.D. courses in India and their criteria. The scope for the Ph.D. after MBA is very vivid and broader and helps in developing different skills as well.

• What kind of specializations are available in Ph.D. after MBA
• Ph.D. course duration after MBA
• How to do a Ph.D. after MBA
• Requirements for applying through Ph.D

Ph.D. After MBA in Distance Education

Benefits of ph.d. after mba.

• Why Ph.D. After MBA is better option

Career Scope and Employment Sectors

Top colleges for ph.d. after mba, what kind of specializations are available in ph.d. after mba.

There are many specializations offered in Ph.D.which carry along with them great benefits. So check out the most preferred and most popular disciplines offered in Ph.D.:

• Ph.D. in Commerce
• Ph.D. in Computer Science
• Ph.D. in Economics
• Ph.D. in English
• Ph.D. in Human Resource Management
• Ph.D. in Philosophy
• Ph.D. in Psychology

Other common Ph.D. Specializations after MBA

• Ph.D. in Accounting
• Ph.D. in Business Economics
• Ph.D. in Chemistry
• Ph.D. in Commercial Law
• Ph.D. in Education
• Ph.D. in Engineering
• Ph.D. in Entrepreneurship
• Ph.D. in Finance
• Ph.D. in Healthcare and Management
• Ph.D. in IT
• Ph.D. in Marketing
• Ph.D. in Operations
• Ph.D. in Organizational Behavior
• Ph.D. in Political Science
• Ph.D. in Statistics

Ph.D. Course Duration after MBA

The duration of the Ph.D. course duration after an MBA varies from the research topics, methodologies, institutions chosen or the time being invested by aspirants. Most of the time, the course duration also depends on the kind of country students have chosen. On average the completion of Ph.D. courses takes about 4-5 years.

How to do a Ph.D. after MBA?

A Ph.D. after MBA is a career option that is dynamic and vast. The scope for the same is as well increasing. Ph.D. after MBA can be pursued after the completion of an MBA from a recognized university with a duration of two years. Aspirants need to choose their field of research and interest. There are various entrance exams that the aspirants need to take such as CAT, UGC NET and so on.

Requirements for applying through  Ph.D.

Though the specific prerequisites might vary from one university to another, there are some general criteria for a Ph.D. after MBA or any other postgraduate program that every candidate needs to fulfill. The primary requirement is that of a master's degree in the related discipline from a recognized institution in which one is applying for a doctoral degree; if you are using for a Ph.D. in Business Administration, you need to have completed a postgraduate course like, MBA, MIM, among others. Along with these, you will be required to submit the following documents.

• English proficiency test scores, such as IELTS, TOEFL, etc.
• SOP and LORs
• GRE or GMAT scores
• An Updated Resume or CV
• Academic Transcripts

Many students start their work career after the completion of an MBA and so opting for Ph.D. after MBA in Distance Education is easier. There are various criteria institutes consider before admission. It is very important aspirants have completed their MBA from a recognized University(UGC). It's also necessary that the eligibility criteria be met depending on the institution chosen by the aspirants.

Before delving into the specifics of each Ph.D. after MBA program, we'll look at the benefits of a Ph.D. after MBA and why a Ph.D. after MBA is such a great career option.

• Ph.D. after MBA allows you to conduct research and in-depth study of concepts and specializations that you would not have been able to do during your MBA.
• MBA degrees provide lucrative career opportunities on their own, but after obtaining a Ph.D., MBA degrees become much more valuable.
• The research conducted during a Ph.D. after an MBA raises awareness of new business insights and trends around the world, allowing for more efficient business management.
• A person with a Ph.D. after an MBA can earn a good living. A top MBA College professor earns far more than an MBA degree holder.
• Ph.D. after MBA allows aspirants to work in the field of research in management, finance, or business, distinguishing them from other managers who only pursue an MBA.

Why Ph.D. after MBA is Better Option?

A Ph.D. is a data-driven degree that involves extensive analysis and in-depth assessment as it consists of submitting a research thesis as it is the essential thing in the assessment element. If you have been planning to pursue a career in research, an MBA is more of a professional route to take but combining it with Ph.D. benefits you with the knowledge of both the corporate and research world.

What makes a Ph.D. after MBA the most popular option? The Doctorate of Philosophy program allows for in-depth knowledge in the specialization field. Research and the most importantly offers an opportunity to conduct independent study, which would otherwise only be limited to the more practical and commercially useful MBA degree. The research training provides an awareness of cutting-edge developments and evolving new insights and solving various problems. Doctoral graduates have years of experience in data analysis and data-driven decision-making; they are practiced with multiple research methodologies.

While most doctoral graduates find positions as faculty in reputable business schools, a fraction of them carry on in post-doctoral studies or head towards industry positions. 

Ph.D. after MBA can furnish you with the quintessential business understanding to fit the role of business consultants and analysts. 

As many doctoral scholars move further to become professors or researchers, only a small proportion of them head towards the industry. Listed below are some of the jobs that one can get after completing their Ph.D.:

• Scientific Writer 
• Assistant Professor
• Research Assistant
• Chief Research Manager 
• Senior Professor 
• Senior Consultant

Ph.D. has scope for working in diverse fields right from the automobile industry to the NGOs. The areas of recruitment are:

• Chemical and Pharmaceuticals Industry
• Oil and Gas Industry
• Research Industry

So as now you are aware of the Ph.D. program, make sure you choose the best specialization that suits that motivates you to push further even harder. Make no mistake in selecting the specialization, so read thoroughly through the article and choose the best.

Some of the top colleges for pursuing a Ph.D. after MBA are listed below:

• University of Calcutta
• Amity University
• Amrita University
• Delhi University
• Andhra University
• Aligarh Muslim University
• BITS Pilani
• Manipal Institute of Technology

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University of Bridgeport News

What is an MBA? FAQ for Prospective Students

Did you know that people with a master’s in Business Administration (MBA) usually make an average of $12,000 more per year than those with just a bachelor’s degree?

In today’s modern business world, an MBA could be a transformative next step for your career. Below, we’ll unpack the potential of an MBA, explore its many applications, and discover diverse career pathways available to those with an MBA.

What is business administration?

Business administration is the cornerstone of corporate success, guiding strategic decision-making and operational efficiency. Business administration students learn leadership skills, finance and marketing basics, HR, and operations management — all of which are vital for achieving the goals of any organization.

Not to mention, this discipline opens up an array of career opportunities, from financial analysts to marketing managers, each applying different business administration concepts in real-world scenarios.

No matter what facet of business you are in, a solid understanding of business administration is essential for navigating the corporate world.

What is an MBA program?

Master’s in Business Administration degrees are designed to equip future business leaders, of any age, with a comprehensive understanding of modern business practices.

MBA programs typically last two years and have a rigorous curriculum that explores various aspects of business administration. Through a blend of theoretical coursework and practical application, students gain valuable insights in areas like finance, marketing, operations, and strategic management, empowering them to confidently navigate complex business challenges.

Admissions into any master’s program can be competitive, with stringent criteria in place to ensure that admitted students have the aptitude and drive to excel in their studies.

Potential candidates are typically evaluated based on their academic background, professional experience, standardized test scores (such as the GMAT or GRE), letters of recommendation, and a statement of purpose.

At the end of the day, MBA programs , including the one offered here at UB, provide a comprehensive education in modern business practices. They give aspiring leaders the skills needed to navigate diverse industries effectively.

UB’s MBA program offers unparalleled flexibility to accommodate the diverse needs of our students. Whether they prefer a traditional full-time schedule, seek the convenience of part-time studies to balance work and education, or require the executive MBA format tailored for seasoned professionals, UB caters to a wide range of learners.

See what our graduates are saying! Read success stories from University of Bridgeport MBA alumni and how the program helped them achieve their career goals.

What will i learn in an mba program.

In an MBA program, students explore essential subjects such as finance, marketing, operations management, and strategic leadership.

Finance courses typically cover financial analysis and risk management, while marketing modules focus on market research and branding strategies. You may also learn about things like operations management and supply chain management.

Students can also look forward to leadership courses to help develop essential communication skills and teamwork abilities, while strategic management classes can help foster critical thinking and decision-making skills.

Furthermore, MBA programs highlight the interdisciplinary nature of business education, nurturing both hard and soft skills vital for being an effective leader.

Here are a few MBA courses you can expect to see in the program at UB:

• Managerial & Cost Accounting
• Organizational Behavior
• Information Systems & Knowledge Management
• Business Planning
• Global Program & Project Management

With a mix of theoretical learning and practical application, MBA graduates emerge as strategic leaders ready to tackle complex business challenges and drive organizational success.

What opportunities will I have after graduation?

An MBA degree opens a broad spectrum of career opportunities across different industries and disciplines. Graduates can pursue roles such as management consultants, financial analysts, marketing managers, and operations managers.

These positions offer great avenues for professional growth and advancement, allowing graduates to leverage their MBA degrees to excel in dynamic and challenging work environments. No matter what discipline you’re in, graduates are equipped with the skills and knowledge needed to make strategic decisions and help drive the success of any business.

And don’t forget, acquiring an MBA offers attractive salary prospects and opportunities for long-term career growth. Graduates typically command higher salaries than those with undergraduate degrees and earning potential increases over time as they gain experience and expertise in their chosen field.

Here are just a few career options that are available to people with an MBA:

• Computer system analyst ( $102,240 )
• Chief executive officer ( $246,440 )
• Personal financial advisor ( $95,390 )
• Management consultant ( $95,290 )
• Medical and health services manager ( $104,830 )

Additionally, an MBA provides a solid foundation for advancement into executive-level positions and entrepreneurial ventures, offering opportunities for continued professional development and leadership roles.

In short, understanding what an MBA offers reveals how it can transform your career and help enhance your overall business skills. From lucrative salary prospects to diverse career opportunities, an MBA equips people like you with the skills and knowledge needed to thrive in today’s competitive landscape.

For those interested in exploring the benefits of an MBA, dive into the program at UB and begin your journey toward career advancement and personal growth. Apply now and start shaping your future in the world of business.

Academic Degrees , Business Administration Articles , MBA News

MBA Finance Specialization: Top Trends

Published: April 26, 2024

The Master of Business Administration (MBA) is one of the most popular graduate programs worldwide, as it has been for the past decade. With many types of MBAs available, the Master’s of Business Administration is a versatile degree that can be customized to suit a variety of different career paths.

Along with the advanced business knowledge, problem-solving skills, and leadership experience students gain, an MBA is highly respected in the business world. Graduates are often rewarded with career opportunities and increased earning potential. 

According to The Princeton Review , one of the most in-demand MBA specializations is the Finance MBA. In this article, we will take a deep dive into that program to help you discern whether it is the right educational path for you. 

Let’s jump in!

What is an MBA in Finance? 

An MBA in Finance is a specialized graduate-level degree that focuses on the management of financial resources within businesses and organizations. Students learn how companies make financial decisions, manage risk, and handle financial resources to maximize profitability and ensure stability. It provides a strong foundation in business principles while emphasizing finance-specific skills such as financial analysis, budgeting, forecasting, and financial reporting.

For students interested in advancing their careers in the financial sector, an MBA in Finance can open doors to leadership positions such as financial manager, chief financial officer, investment banker, financial analyst, or portfolio manager. The degree aims to equip graduates with the necessary skills to handle complex financial issues in a dynamic business environment, making it an excellent choice for those looking to excel in the business world .

What is the Scope of an MBA in Finance?

The scope of an MBA in Finance is broad and diverse, equipping graduates with in-depth knowledge of financial management, investment strategies, and market analysis. Here are some of the key lessons you will learn in a Finance MBA:

Financial Analysis and Reporting

Students learn to analyze financial statements, interpret financial data, and prepare reports on financial performance. 

Investment Strategies

The program covers various investment theories and practices, including portfolio management, risk assessment , and the evaluation of different investment vehicles. 

Corporate Finance

You will learn how corporations manage their finances, including capital raising, investment decisions, and dividend policies. 

Risk Management

Students learn to identify, analyze, and mitigate financial risks. This includes understanding market risk, credit risk, and operational risk.

Quantitative Analysis

MBA finance programs often include training in quantitative methods, such as statistical analysis and econometrics, to help students analyze and interpret complex datasets and make data-driven financial decisions.

Strategic Thinking and Planning

You will learn to think strategically about financial planning and business development. This skill is crucial for leadership roles, where long-term planning and strategic decision-making are key responsibilities.

Ethical Decision-Making

Students explore the importance of ethical decision-making in finance, ensuring the integrity of financial practices and compliance with regulations.

Communication and Presentation Skills

You will polish your communication and presentation skills, so you can convey complex financial information to non-experts and influence decision-making processes.

Leadership and Teamwork

Leadership training prepares students to lead teams, manage projects, and drive organizational success.

Global Financial Markets

Students will understand the impact of global economic events on financial markets and learn about international finance regulations and practices.

Technological Proficiency

You will become familiar with financial software, databases, and analytical tools, as well as fintech innovations and their applications in finance.

After mastering these lessons, graduates of MBA programs in finance are well-prepared to tackle the challenges of the financial industry, lead with confidence, and make impactful decisions that drive business success.

What Jobs Can You Get With an MBA in Finance?

There are a wide variety of career paths you can follow once you have earned an MBA in finance. One of the most popular is a role in the financial services industry. This includes work in investment banking, asset management, private equity, or hedge funds.

Corporate finance is also a common place for MBA graduates to work. Consider taking on roles as a financial analyst, chief financial officer, or corporate controller. Additionally, you could work for a financial consulting firm, providing expert advice on financial management, restructuring, strategy, and risk management to businesses across various sectors. 

MBAs can also find opportunities in government agencies, public sector, and nonprofit organizations, managing finances, budgets, and funding strategies. Although these jobs are not often as highly compensated as corporate positions, they offer the opportunity to further a cause and improve the world around you.

The comprehensive skill set gained from an MBA in Finance can empower graduates to start their ventures as entrepreneur . Other options include specializing in real estate — financing real estate projects, managing property investment portfolios, and real estate valuation — or fintech, which involves work on financial technology innovations, digital banking, blockchain, and more.

An MBA in Finance is not just about acquiring a set of financial skills; it’s about developing a strategic mindset that can navigate the complexities of today’s business and financial landscape. The degree opens up myriad paths, from traditional finance roles to innovative sectors, ensuring that graduates can find their niche in a changing economic environment.

What are the Benefits of Earning an MBA in Finance?

Earning an MBA in Finance offers numerous benefits, making it a valuable investment for professionals aiming to enhance their career prospects in the financial sector. 

As we discussed above, an MBA significantly boosts career advancement opportunities, opening doors to high-level positions in a variety of industries. It equips graduates with a deep understanding of financial markets, corporate finance, investment strategies, and risk management, which are crucial for making informed and strategic financial decisions within organizations.

Additionally, an MBA in Finance often results in increased earning potential. Graduates with specialized skills and knowledge qualify for more senior, well-compensated roles in the finance industry. 

The program also broadens one’s professional network, connecting students with peers, alumni, and industry leaders, which can be instrumental in career growth. Moreover, the degree enhances critical thinking and problem-solving skills , preparing graduates to tackle complex financial challenges effectively. 

Where Can You Earn an MBA in Finance?

UoPeople is an accredited online university offering MBA degrees that can be completed in less than a year, tuition-free. Of several specializations offered, UoPeople’s certificate in finance is best suited for students wishing to pursue a career in any of the areas we’ve discussed in this article.

UoPeople’s finance certificate layers financial lessons on top of the more traditional MBA curriculum. Students participating in the certificate program will understand basic principles of finance, develop budgets and financial plans, learn how to make financial decisions to maximize shareholder wealth and gain practical knowledge of personal finance management.

The MBA program at UoPeople is designed with flexibility, making it perfect for working professionals, multitasking parents, and returning students. The program provides asynchronous classes that allow learners to study on their own schedule, with the possibility of completing the 12-course curriculum in as few as seven months. 

Throughout the program, students will acquire skills in strategic planning, management, organization, and business operations. They will also learn to craft innovative solutions to complex business challenges and to thrive in the modern, globally interconnected business environment.

As you consider whether pursuing a finance MBA is for you, remember that this path is more than an educational commitment—it’s a strategic career investment. Thanks to the comprehensive skills and robust knowledge the program imparts, graduates emerge as sought-after professionals in the business world. 

Moreover, the connections you’ll make with peers, professors, and industry professionals will provide you with a powerful network that will help you climb the corporate ladder. You’ll graduate with a heightened ability to lead, innovate, and contribute meaningfully to businesses and society at large. 

In an ever-evolving financial landscape, the investment in a finance MBA could be a prudent decision if you want to become a leader in the field. It’s an investment in a future marked by success, leadership, and continuous advancement in the exciting world of finance.

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University of Phoenix Traditional MBA Program Offers Opportunity for Credit for Prior Learning

Innovative programs supporting credit mobility, including credit for prior learning (CPL) or prior learning assessment (PLA), can help students reach their educational goals faster

University of Phoenix is pleased to share that it offers qualified students enrolled in its traditional online Master of Business Administration (MBA) or Master of Management (MM) programs an opportunity to earn credit for prior learning towards specific graduate degree courses in these programs. Recognizing the diverse experiences and expertise of its students, the university offers CPL at the graduate level to satisfy specific degree requirements as a way to recognize and incorporate the learning from the knowledge and skills learners have acquired through work experience, certifications, or independent study.

"I am proud of our commitment to empower working adult learners by recognizing the many forms of knowledge and learning they bring to the table through credit for prior learning options. Recognizing that learning can come from all levels and from all sources is a reflection of our mission, and granting credit for prior learning as part of our graduate business programs is an example of this,” states John Woods, Ph.D., provost and chief academic officer. “Moreover, leveraging credit for prior learning allows students to accelerate degree completion and is a natural extension of our skills-based approach to higher education.”

CPL has been available at the undergraduate level for decades, and although some schools have started offering graduate level CPL, it is still not a common practice in universities across the United States. Research has shown an increasing demand for graduate-level education and indicates the growing number of non-traditional graduate students who could potentially benefit from graduate-level CPL.

Credit for prior learning is an important part of the University’s mission to make education accessible and available to working adult learners, including in graduate programs. In the event a student qualifies for credit from prior life and work experiences they may be able to obtain a degree at a faster pace than they might have otherwise. Credit for prior learning and prior learning assessment options are available for certain courses in the Master of Business Administration (MBA) and Master of Management (MM) programs. Currently there are three courses in which credit for prior learning can be awarded. MBA program, each with their own focus areas:

• Leading Change
• People and Organizations

Justin Freeman is currently enrolled in the University of Phoenix MBA program and pursued all three credit for prior learning opportunities to satisfy courses in his degree program. Freeman, who is on-track to graduate in May of 2025 and is employed full-time in the oil and gas industry, says credit for prior learning was an attractive opportunity to leverage his nearly 20 years of professional leadership experience as learning to be translated towards college credit.

“I completed my associate and bachelor's degrees at University of Phoenix and was familiar with CPL because I used it to satisfy some of my undergraduate credits. When I decided to pursue my MBA, I was excited to know there were CPL options and eager to learn how I could continue to leverage my professional experience for credit,” states Freeman. “I started my first MBA CPL six weeks into the program and was happy to see that the structure of the MBA CPL was similar to my other assessments, so I felt comfortable pursuing that option. All in all, because I used CPL I shortened the length of my degree program by more than three months.”

In addition to the credit for prior learning in the traditional MBA program, the University of Phoenix offers an MBA-CB program intended for students holding an undergraduate degree in business management and at least three years of professional experience in the field.

Last year, University of Phoenix issued a white paper examining higher education barriers based on historic policies, procedures, and beliefs that do not take the adult learner into account. In an environment where many institutions are looking for ways to support adult students with some college and no degree, the white paper posits that creating a credit mobility culture is needed to ensure higher education is built to support an increasingly diverse student population in completing their educational goals.

University of Phoenix has made significant investments in creating a credit mobility culture, including creating flexible policies and programs, embracing prior learning as a viable source of academic credit, improving clarity on transfer outcomes and options, removing barriers that impact student progression, and empowering students through relevant support services.

Individuals interested in learning more about earning college credit for work and life experiences may use the University’s Savings Explorer® tool , which was designed to help prospective students explore the potential opportunities to save time and money at the University. The Savings Explorer ® tool presents information about scholarship opportunities, as well as transferring college credit and earning credit for prior learning, national testing programs, alternative course providers, and military service.

Learn more here about MBA programs at University of Phoenix .

About University of Phoenix

University of Phoenix innovates to help working adults enhance their careers and develop skills in a rapidly changing world. Flexible schedules, relevant courses, interactive learning, skills-mapped curriculum for our bachelor’s and master’s degree programs, and a Career Services for Life® commitment help students more effectively pursue career and personal aspirations while balancing their busy lives. For more information, visit phoenix.edu.

Michele Mitchum University of Phoenix [email protected]

View source version on businesswire.com: https://www.businesswire.com/news/home/20240422879306/en/

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MBA in Investment Banking: Course, Fees, Cut Off, Syllabus, Jobs, Salary, Scope

MBA in Investment Banking is a specialised graduate programme that prepares students for careers in investment banking . Financial markets, corporate finance, mergers and acquisitions, valuation, and risk management are some of the subjects covered in the programme. Graduates of MBA in Investment Banking gain knowledge of deal structuring, investment opportunity evaluation, and financial statement analysis.

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MBA in Investment Banking Eligibility Criteria

Top mba in investment banking entrance examinations, mba in investment banking fees structure, scope of mba in investment banking, career options after mba in investment banking, expected salary after mba in investment banking, top college in india offering mba in investment banking.

The curriculum also places a strong emphasis on employable abilities including quantitative analysis, financial modelling , and communication. Graduates of an MBA in Investment Banking are qualified to work in asset management companies, corporate finance departments, investment banking businesses, and other financial organisations. They can be employed as advisers for corporate finance, investment bankers, financial analysts, or portfolio managers.

MBA in Investment Banking is two year long that offers graduates with job opportunities with an average package of Rs. 10 LPA to Rs. 15 LPA. Top recruiters includes companies like Goldman Sachs, J.P. Morgan, BlackRock, Vanguard, Citigroup, Credit Suisse, McKinsey & Company. The programme fee for the same would be an average of Rs. 5.10 Lakhs.

Highlights - MBA in Investment Banking

In order to pursue MBA in Investment Banking, candidates must satisfy certain eligibility criteria. These requirements may vary by the institute, however, some basic criteria are:

Candidates must have completed a relevant undergraduate degree from a recognised university.

Candidates must score a minimum of 50 per cent in their respective undergraduate degrees.

Relaxation of 5 per cent marks in minimum eligibility criteria shall be given to the candidate who belongs to SC/ ST/ OBC Non-creamy layer / women category.

MBA in Investment Banking Admission Procedure

To get admission into MBA in Investment Banking, candidates must follow a predetermined admission procedure. The procedure can be different for all institutes, however, a general framework of the admission process is:

The application forms of all the colleges must be filled separately and before the deadline.

The forms can be filled either by visiting the college or through the official website of the college.

The candidates must ensure that all the relevant documents are attached along with their application form.

The candidates must be present for the GD/PI rounds of different colleges, in case their application form gets shortlisted.

There are no entrance examinations for MBA in Investment Banking in India as of now. Admission into the programme is based purely on the merit scores of students. Candidates have to appear for the GD/PI rounds after their application form gets selected.

Cutoff of Top Colleges

Candidates must make sure that they score at least 50 per cent in their undergraduate degree since admission to the MBA in Investment Banking programme is exclusively based on merit. A candidate must meet the college's specific cutoff score in order to be admitted to their preferred university.

Required Skills for MBA in Investment Banking

In order to pursue MBA in Investment Banking, candidates must possess a combination of certain skills and qualities. These skills and qualities would help the graduates to excel in their respective careers:

Financial Analysis

Quantitative Skills

Communication Skills

Problem-Solving Skills

Attention to Detail

Time Management

Ethical Judgement

Adaptability

The fee for MBA in Investment Banking vary depending on factors like the type of institute, location of the institute and the ranking of the institute. Private colleges usually charge a higher fee than Government colleges.

The fees for MBA in Investment Banking can be averaged at Rs. 5.10 Lakhs. However, students are advised to check the official website of colleges to obtain the verified data on the fees structure of the programme.

An MBA in Investment Banking has a broad scope and provides many prospects in the financial services sector. Graduates can work in hedge funds, private equity, corporate finance, asset management, and investment banking. They can be employed as financial consultants, investment bankers, risk managers, portfolio managers , or financial analysts .

The demand for specialised financial knowledge and the complexity of financial markets are projected to drive growth in the field of investment banking. Financial institutions are in great demand for graduates with this specialisation because they need people who can handle complex financial transactions, offer competent financial advice, and negotiate regulatory hurdles.

Graduates of MBA in Investment Banking are presented with various job opportunities in highly reputed companies and organisations. Some of the job profiles may include:

Top Recruiters

Many highly reputed companies and organisations hire MBA in Investment Banking graduates in various job profiles. Some of the top recruiters of the programme are:

Goldman Sachs

J.P. Morgan

Bank of America Merrill Lynch

Credit Suisse

McKinsey & Company

Benefits of Studying MBA in Investment Banking

Graduates of MBA in Investment Banking earn specialised knowledge in financial analysis, valuation, and risk management. Graduates of the programme stand to get more chances for employment and more earning potential because it positions them for leadership positions in the financial services sector.

The average salary of graduates after MBA in Investment Banking can be dependent on various factors such as the location of the job, their specialisation and their expertise. The programme provides graduates with various high paying job profiles in top companies. Some of the profiles are:

Source: Ambition Box

Candidates who wish to pursue MBA in Investment Banking can consider a top college of India that offers the programme. It is a highly reputed college that offers the MBA in Investment Banking at an affordable tuition fee:

MBA in Investment Banking provides a thorough education in finance and equips graduates for positions in asset management, corporate finance, and investment banking. The programme significantly improves graduates' professional chances in the finance industry by offering beneficial networking opportunities and practical experience through internships and projects.

Frequently Asked Question (FAQs)

The average salary of graduates of MBA in Investment Banking range from Rs. 10 LPA to Rs. 15 LPA in various roles in Goldman Sachs, J.P. Morgan, BlackRock, Vanguard, Bank of America Merrill Lynch, Citigroup, Credit Suisse, McKinsey & Company.

MBA in Investment Banking is a specialised graduate programme that prepares students for careers in investment banking. The curriculum also places a strong emphasis on employable abilities including quantitative analysis, financial modelling, and communication.

Candidates must have cleared a relevant undergraduate degree from a recognised university with a minimum of 50 per cent.

No, admission into MBA in Investment Banking is based purely on the merit scores of students.

Investment Banking Analyst, Asset Manager, Financial Consultant, Corporate Finance Manager are some job profiles one can pursue after MBA in Investment Banking.

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Questions related to MBA

Deciding whether to pursue admission at NMIMS Navi Mumbai for an MBA depends on various factors such as the reputation of the institution, the specific MBA program offered, faculty expertise, alumni network, placement opportunities, and your career goals.Consider researching and comparing these aspects with your own aspirations and preferences. Additionally, you could reach out to current students or alumni to get insights into their experiences.

Hope this helps you,

https://www.careers360.com/courses/mba-master-of-business-administration

There are several reputable universities offer free online MBA courses, but not all provide certificates or credentials. However, platforms like Coursera, edX, and FutureLearn offer free courses from top universities and institutions that often provide certificates upon completion.

hope this helps,

Hello aspirant,

Here below I am providing you with the name of some of the top colleges for MBA with low fees:

• Delhi School of Economics, DU
• Department of Financial Studies (DFS), DU
• Tata Institute of Social Sciences (TISS), Mumbai

For more information you can visit our website by clicking on the link given below.

https://bschool.careers360.com/articles/mba-colleges-in-india-with-low-fees

Hope this information helps you.

I have completed my B.Tech in 2021 .After that I am preparing for government jobs .I have less than 60 percentage in 10th & 12th .I want to go for online mba ? Which one should I choose ?

10 th and 12th marks matter in mba placements ?

Yes, a PhD in Biomedical Engineering is possible after a B.E. in Biomedical Engineering and an MBA in Hospital Management.PhD programs in Biomedical Engineering typically focus on research in a specific area of the field like biomaterials, biomechanics, or medical imaging. Your coursework in the MBA program might not directly apply to these research areas. Reach out to professors at universities with biomedical engineering PhD programs that align with your interests. Discuss your background and career goals to see if they will be willing to mentor you.

Look for research assistant positions or independent research projects that can help you gain experience and potentially lead to publications.

https://engineering.careers360.com/download/ebooks/gate-syllabus-for-biomedical-engineering

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