PhD degree candidates focus on the preparation and execution of original investigations to develop, expand or refine business theories. In contrast, DBA degree candidates focus on the preparation and execution of an original investigation to apply academic theory to solve a local problem while also adding to the body of knowledge within the professional practice. As such, PhD and DBA dissertations are both rigorous and adhere to the standard five-section dissertation format. However, PhD dissertations are generally theoretical while DBA dissertations apply theory to address professional practice. Both PhD and DBA graduates seek employment opportunities as faculty, senior academic administrators, executives in both private and public industries and industry specific consulting experts.
The PhD is the most recognized terminal degree in academe today. The benefits in pursuing a PhD include the tremendous flexibility it provides in career choice and opportunities in business, non-profit, government and academics. To teach at the university level, universities are requiring a PhD or other terminal degree to be considered for employment more and more frequently. The PhD provides the opportunity to research a broad range of topics and can be particularly suited for those interested in theoretical concepts and how those can be applied in life.
The Doctor of Business Administration degree is relatively new compared to the PhD degree. Sometimes referred to as a Professional Doctorate, the DBA has experienced significant growth as institutions apply research methods to address local problems resulting from an unprecedented economic climate fueled by changing consumer demand models. Learners apply proven research methods to access industry or company specific issues, providing substantial benefits and significant career opportunities for those individuals able to combine theory with application. In addition to working to solve business problems, DBA graduates pursue teaching and administrative opportunities in higher education and executive positions in both private and public industries.
