Why pursue a DBA or a PhD

DBA or a PhD?
DBA and PhD: DBA is a doctorate degree in business management, while PhD is a doctorate degree in Philosophy.
Subject: DBA is business-orientated course, whereas PhD degree can be achieved in any field of education.
Scope: DBA is an applied program because it focuses on applying in real-world business problems. PhD program is theoretically based where novel approaches are identified through gaps from exiting literature.
Course type and duration: DBA courses can be taken either on a part-time or full-time basis while PhD programs in most of the fields are only accessible full-time. Typically DBA program takes longer duration (3-6 years) to complete compared to PhD program (4 years).
Funding and Tuition fees: Most PhD programs have funding support available while it is difficult to obtain for a DBA program. DBA course is almost three times more expensive than a PhD program.
Prerequisites: To enroll into a DBA program, prior work experience is mandatory while it is not required for admission to a PhD program. However, a master’s degree is mandatory for PhD programs and having publications in journals may be a plus while applying for a PhD program.
Career opportunities: DBA holders mostly seek for professional jobs in higher management field with the goal of eventually leading an organization as a CEO, COO or CMO. They may also pursue consulting roles. Individuals who are interested in academic or research mostly pursue PhD.
Salary: DBA holders typically earn more than PhD holders since they work in higher managerial positions.
Degree | DBA | PhD |
Expansion | Doctorate in Business Management | Doctor of Philosophy |
Field of specialization | business-oriented course | Any field of education |
Research Scope | Practical application | Theoretical application |
Course Availability | Part-time and Full-Time | Mostly Full time |
Course Duration | 3-6 years (Usually longer than PhD | Typically 4 years |
Funding options | May or may not be available | Mostly available |
Tuition fees | Three times more expensive | Less expensive than DBA |
Perquisites | Prior work experience | No need of prior work experience but publishing papers will be an added advantage |
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