The Doctor of Business Administration (DBA) degree program is designed to prepare graduates for a career that focuses on the application of theory in a managerial setting. This type of degree program is different from a PhD, or Doctor of Philosophy in Business, because it puts less emphasis on the development of new theories and more emphasis on applying theories and formulas to solve today’s business problems. Job opportunities for graduates with a Doctor of Business Administration degree exist in many industries.
After doing some online research, I discovered several career paths and options for graduates who hold a Doctor of Business Administration degree. The U.S. Bureau of Labor Statistics reports that individuals who are employed in business management and consulting fields will see an increased demand in job opportunities during the next seven years.
Here are some examples of job options for graduates of a Doctor of Business Administration degree program:
CEO of a Corporation or Business Owner
Since the Doctor of Business Administration degree program is based on the practical application of business theories, economics and statistics, the student gains important skills and knowledge for running a corporation or small company of their own. CEOs earn upward of $140,000, according to the U.S. Bureau of Labor Statistics, and are in charge making key decisions regarding the growth and profits of the company.
Senior Level Management Positions
Individuals who hold a Doctor of Business Administration degree may also be good candidates for senior level management positions within a company. These positions typically require strong decision-making and analytical skills, and sometimes require the application of different economic theories to solve complex decisions. Senior level management positions in the technology and administrative departments may be attractive to those who have completed a Doctor of Business Administration degree program.
The Doctor of Business Administration degree program trains students to solve complex real-world problems that today’s business leaders, managers and companies face on a regular basis. Individuals who hold a Doctor of Business Administration degree program may therefore be a good fit for a consulting career. Business consultants may work for a firm, or offer their services as an independent contractor to work exclusively for a corporation or business. They may also assist companies solve problems and organize departments on a short-term basis.
The Doctor of Business Administration degree program is both a research-based and hands-on degree program designed for today’s business leaders. The structured program may include scholarly activities so that graduates can apply their knowledge and skills to solve problems in today’s dynamic and ever-changing business environment.