mba while doing phd

Should you do an MBA after PhD?- Best Career Options

Can you do an mba after phd.

Yes, nothing is restricting you from pursuing an MBA after a PhD. A PhD is the highest degree of education someone can achieve in a particular field. But, even if you have completed a PhD, you might still want to pursue additional degrees. An MBA can boost your career journey. For example, it can help you get a promotion, migrate from academia to industry, or change industries altogether.

Why should you get an MBA after PhD

Work in the industry, gain a promotion, change industries, best strategies to get an mba after phd, program structure and length, related articles:.

GRE vs GMAT for MBA – Which test should I take?

Find the Right Ph.D. Program: Main Considerations (including funding)

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MBA vs PhD – Which advanced degree is better?

In the ever-evolving professional landscape, the pursuit of higher education remains a popular route to advance your career.

But with numerous options available, how do you choose between an MBA and a PhD?

In this blog post, we dive into the unique benefits and opportunities that each of these advanced degrees offers.

From the practical business acumen and leadership skills gained in an MBA program to the deep expertise and research contributions made by PhD holders, the choice ultimately hinges on your long-term goals and personal ambitions.

We’ll explore these two distinct paths, and learn how to make the best decision for your future success.

MBA VS PHD – the debate

A quick summary of a PhD vs MBA:

What Does a PhD Get You? Pros and Cons

A PhD, the highest academic degree achievable, can open numerous doors in the job market, enabling graduates to advance in their careers.

Unlike an MBA, which primarily focuses on corporate and management aspects, a PhD offers expertise in a specific field through rigorous research and study.

As a PhD student, your goal is to contribute new knowledge to your field, be it economics, finance, accounting, or any other discipline, by crafting a thesis that contains original research.

Through the PhD program, you not only earn a valuable qualification but also gain opportunities to publish your work and present at conferences.

These activities can enhance your reputation, making you more desirable to potential employers. The salary of a PhD holder often surpasses that of someone with only an undergraduate degree, as their expertise is in high demand.

From my personal experience, obtaining a PhD can be challenging yet rewarding. It allowed me to explore my chosen field, chemistry, in depth and opened up new avenues for career growth.

However, it is crucial to consider the potential drawbacks before embarking on this journey.

Pursuing a PhD entails a significant time commitment, typically around 3-4 years, and can be quite expensive, as tuition fees for these programs can be steep.

Acquiring a PhD can provide numerous benefits, including expert knowledge, a higher salary, and opportunities for advancement in your field. However, carefully weighing the pros and cons is necessary to determine if it’s the right path for you.

Should you earn an MBA instead for the business world?

Choosing between an MBA and a PhD is a crucial decision that depends on your career goals and personal preferences. While both are advanced degrees, they offer significantly different paths.

I asked an MBA graduate and this is what they said:

Having experienced the MBA program myself, I can vouch for its practical benefits. An MBA focuses on business acumen and managerial skills, enabling you to climb the corporate ladder more quickly than a PhD. With a two-year duration, it’s a faster route to increasing your earning potential and offers a significant return on investment. Business schools emphasize teamwork, entrepreneurship, and ethics, providing graduates with a well-rounded skill set for the business world.

On the other hand, a PhD, such as a PhD in economics or any other discipline, is ideal for those passionate about research and academia. It requires several years of dedicated study, with graduates becoming experts in their niche.

PhD holders often pursue careers as researchers, professors, or consultants.

When considering whether to pursue an MBA or a PhD, weigh the pros and cons of each degree and reflect on your long-term career aspirations. Both options can be rewarding, but they cater to different ambitions and provide distinct opportunities in the professional world.

Is an MBA equal to a PhD and doctorate?

An MBA and a PhD are both advanced degrees, but they are not equal due to their differing purposes and career outcomes.

As someone who has interacted with both MBA and PhD graduates, I’ve seen firsthand the unique benefits of each degree.

An MBA is a professional degree, taking one to two years to complete, and equips students with practical business skills.

This degree is popular among those aiming to climb the corporate ladder in industries like finance, marketing, or consulting.

On the other hand, a PhD is a research-focused degree, requiring several years of dedication and original research contributions.

A PhD in economics or other fields often leads to careers in academia or research. PhD programs are highly competitive and demand an intense commitment to writing a dissertation and advancing knowledge in the discipline.

The debate between MBA vs. PhD highlights the significant differences in their focus and career paths.

While both degrees can be obtained at a business school, they cater to different ambitions and provide distinct opportunities. The choice between an MBA or a PhD depends on one’s end goal, work experience, and personal preferences.

So What’s Better, a PhD or MBA?

When considering whether to pursue a PhD or an MBA, it’s essential to evaluate your:

• personal interests,
• career goals,
• financial commitment involved in each degree.

A PhD offers the opportunity to deeply explore a specific subject, contribute to the advancement of knowledge in that field, and establish yourself as an expert.

However, the process is often lengthy and demanding, taking up to five or six years of intense research and dedication.

The payoff might not always be immediate in terms of career prospects, as academia and research can be fiercely competitive arenas.

On the other hand, an MBA equips you with practical business skills and knowledge, often leading to a broader range of job opportunities and potentially higher salaries.

The program’s duration is considerably shorter, usually taking one to two years to complete, and offers a faster return on investment.

An MBA is particularly well-suited for those seeking to climb the corporate ladder, transition into a managerial role, or even launch their own startups.

It’s important to note that some individuals choose to pursue both degrees, combining their research expertise with practical business acumen to excel in various fields.

Does anyone earn both a PhD and an MBA? Why?

Yes, there are indeed individuals who choose to earn both a PhD and an MBA, although this path is less common.

Combining the two degrees can create a unique skill set that is valuable in various fields.

For instance, a PhD holder in a specialized discipline may opt for an MBA to gain practical business skills and a broader understanding of the corporate world, which can be valuable in leadership roles or entrepreneurial endeavors.

Pursuing both degrees also allows for building diverse networks, connecting with professionals in academia and the business world.

Despite the significant time and effort required to obtain both degrees, those who undertake this ambitious path often find themselves well-equipped to navigate multiple career paths and excel in their chosen fields.

MBA vs PhD Career Options

Both advanced degrees can lead to successful careers, but they differ significantly in terms of their focus and job prospects.

An MBA degree, with its emphasis on business administration, prepares graduates for roles such as:

• management consultant,
• marketing manager, or
• finance director.

MBA holders are more likely to climb the corporate ladder quickly and enjoy higher salaries. The MBA program equips students with practical business skills, making them suitable for leadership positions in a wide range of industries.

In contrast, PhDs are more likely to become professors or researchers, with a focus on deepening their expertise in their chosen field. In science that is a very common career goal. 

While the earning potential for PhD holders may not be as high as for those with an MBA, they often find fulfillment in their academic pursuits.

Getting an MBA might be the better option for those eager to advance quickly in the corporate world and who possess a strong passion for business. 

On the other hand, getting a PhD might be more suitable for those who wish to delve into research and contribute to academia.

Wrapping Up

The decision between pursuing an MBA or a PhD is a highly personal one, hinging on individual career goals, personal interests, and the level of time and financial commitment one is willing to make. Both advanced degrees offer unique benefits and opportunities, but they cater to different career paths and ambitions.

An MBA is an ideal choice for those seeking to climb the corporate ladder swiftly, transition into management roles, or launch their own businesses. With a focus on practical business skills, MBA graduates find themselves well-prepared for leadership positions across various industries.

On the other hand, a PhD is geared towards those passionate about research and academia, providing an opportunity to become an expert in a specific field and contribute to the advancement of knowledge. While the journey may be more demanding and time-consuming, the satisfaction of making an impact in one’s chosen discipline can be deeply rewarding.

The best choice depends on your long-term goals, professional aspirations, and personal preferences. Reflecting on these factors, researching each degree thoroughly, and seeking advice from professionals and peers can help you make an informed decision that aligns with your ambitions and aspirations. Whichever path you choose, both an MBA and a PhD can be instrumental in unlocking a world of possibilities and shaping your future career.

Dr Andrew Stapleton has a Masters and PhD in Chemistry from the UK and Australia. He has many years of research experience and has worked as a Postdoctoral Fellow and Associate at a number of Universities. Although having secured funding for his own research, he left academia to help others with his YouTube channel all about the inner workings of academia and how to make it work for you.

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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.

Get Your MBA or DBA at Pepperdine Graziadio Business School

At Pepperdine Graziadio, we proudly offer degrees to accommodate business professionals at any stage of their lives and careers. Our full and part-time MBA programs are designed to prepare candidates for a successful career in values-based business leadership. All of our MBA programs offer a personalized learning approach executed by our world-class faculty. Each program is characterized by its top-ranked business curriculum that can be coupled with an academic concentration. 

Our Executive Doctor of Business Administration (DBA) program has been carefully designed for the tenured business leader looking to drive groundbreaking innovations. This rigorous program allows candidates to gain in-depth knowledge and finetune their expertise through applied research. Also, executives enjoy learning alongside changemakers in various industries and participating in exclusive opportunities available only to DBA candidates.

Learn more about which programs fit your career aspirations and academic interests.

Learn more about how to achieve your career goals with a degree from Pepperdine Graziadio Business School.

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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 .

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Your interests and goals may span multiple academic disciplines or areas of expertise. That is why the Stanford MBA Program empowers you to combine studies. This flexibility offers a rich and valuable academic experience.

Generally, about 20 percent of Stanford MBA students take advantage of a joint or dual degree to complement their MBA. As a student, you may also take courses in any department or graduate school at Stanford University.

Joint Degrees

Your Stanford joint degrees must be conferred simultaneously upon completion of degree requirements for both programs. While in the Stanford MBA Program, you may not pursue concurrently more than one additional degree. Learn more about joint degree programs below.

Hilary Bartlett

“It is not at all an overstatement to say that my four years in the joint JD/MBA program at Stanford have been life-changing. Committed professors and inspiring peers have challenged me to expand my vision of what is possible for myself and for the world. I am graduating with greater confidence, a clearer sense of self, and an excitement for what the future holds. Not only do I dream bigger as a result of my time at Stanford, but my dreams feel more attainable. I am leaving Stanford with so much more than the foundational skill set I was seeking.”

Owen Wurzbacher

“The GSB’s joint degree program allowed me to explore the intersection of two passions: investing and education. It provided the flexibility to study both fields and illustrated the opportunities for applying business skills to education in an informed way. Using tools developed and relationships built, I look forward to influencing the education field and inspiring a love of learning in young people during my career.”

Dual Degrees

Interested in an additional discipline that is not represented in our joint degree programs? You can pursue a master’s degree from another Stanford program along with your MBA. While in the Stanford MBA program, you may not pursue concurrently more than one additional degree.  

You may pursue a dual degree with any graduate program at Stanford University. Candidates must apply to and be accepted by the other program separately, and then notify Stanford GSB. You may apply concurrently to both programs or apply to the dual degree program during your first year as an MBA student; some graduate programs also permit you to apply in your second year. As with joint degrees, you may only pursue one additional degree while in the MBA program.

Justin Norden

“After starting medical school at Stanford, I decided to pursue an MBA at the GSB to develop the skills to become a leader at the intersection of health care, technology, and medicine. Business school has not only taught me many valuable leadership skills, but also opened my eyes to think about problems in completely new ways. The best part about the GSB, however, has been getting to know and learn from so many wonderful classmates.”

Study Opportunities Outside Stanford

Stanford MBA students may also pursue degrees with specific professional schools at other universities. Check with each school regarding its policy and timeline.

Eligible Degree Programs & Requirements

• Harvard Kennedy School: MPA, MPA-ID, or MPP
• Johns Hopkins School of Advanced International Studies (SAIS): MA
• Princeton School of Public and International Affairs: MPA
• Yale Law School: JD
• Yale Medical School: MD

You may enroll in either a joint or dual degree with another graduate program at Stanford or a degree from an external university, but not both.

Degree Requirements

Paths to Completion by School

Harvard kennedy school (hks), johns hopkins sais, and princeton school of public and international affairs (spia).

You must spend five quarters of full-time study at Stanford GSB. The combined degree programs must be completed in one of the following timelines. Note that some programs may require a particular academic path in order to successfully complete both degrees.

Yale Medical School and Yale Law School

You must spend five quarters of full-time study at Stanford GSB and complete at least one year at YMS or YLS first. Consult with YMS or YLS for timeline requirements.

Things to Consider

Benefits of these experiences.

• Completing two degrees in a shorter amount of time while also saving on tuition
• Expanding one’s network outside of Stanford GSB
• Enhancing marketability for certain career opportunities
• Personalizing and individualizing your academic experience to meet your specific learning goals
• Limited capacity for electives that don’t count toward either degree program
• Higher quarterly enrollment load compared to peers pursuing the MBA only
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MBA vs PhD in Business

Key Takeaways

• An MBA is well-suited for students who are interested in practical work experience, while PhD candidates focus on those interested in research primarily.
• If you thrive in practical business settings, seek rapid career advancement, and value hands-on experience, pursuing an MBA degree may be a good choice.
• iI you’re passionate about research, academic pursuits, specialized expertise, and making scholarly contributions, pursuing a PhD in business may align better with your goals.

Students often face the dilemma of whether to pursue a PhD or an MBA. Each program offers unique benefits and challenges. In this article, we explore the similarities and differences between an MBA vs PhD in Business, and share a comprehensive overview to help you make your decision with ease.

Featured Programs

Mba vs. phd in business: a general overview, what is an mba.

Master of Business Administration (MBA) is an advanced degree in business administration available to students at the graduate level. Earning an MBA gives you a solid grounding in all things relevant to business.

Most people who pursue an MBA do so to prepare themselves for leadership roles. Individuals holding an MBA can have any of the following designations:

• Vice President of Finance
• Accounting Manager
• Product Manager
• Chief Financial Officer
• Human Resources Manager
• Financial Analyst
• Policy Analyst

What is A PhD?

PhD is the highest level of academic achievement recognized. It is a research degree at the doctorate level and can be earned in many fields, including business. The Doctor of Business Administration ( DBA )  is one of the most popular options among those seeking the highest degree in business.

Most people who get a doctorate in business do it because they are really interested in teaching at a university or because they want to study a particular subject in depth. Designations held by individuals holding a doctorate in business include:

• Financial manager
• Management analyst
• Chief executive officer
• Sales manager
• Market research analyst

Comparing MBA and PhD in Business

Many students face the challenge of choosing between an MBA or a PhD in business. Wondering which of these programs would be the right fit for you? Comparing these programs can help you get the answer you’re looking for.

Similarities

Competitive admissions.

Admission to MBA  and PhD programs can be highly competitive due to factors like limited funding, a high number of applicants, and limited available slots. This competitiveness underscores the importance of presenting a strong application that highlights academic achievements, relevant experience, and MBA career aspirations .

Enrollment Requirements

Candidates typically need a bachelor’s degree to apply for MBA programs, although a background in business can bolster their application. PhD programs also typically require a bachelor’s or master’s degree in the relevant field.

This prerequisite makes sure that applicants have a foundational understanding of academic principles and are prepared for graduate-level coursework.

Standardized Tests

Prerequisites for MBA programs often include standardized tests such as the Graduate Management Admission Test (GMAT)  or the Graduate Record Examinations (GRE). Similarly, some PhD programs may require candidates to  take the GRE  too.

These tests assess skills in areas like analytical writing, quantitative reasoning, and verbal reasoning, helping admissions committees evaluate applicants’ readiness for advanced academic studies.

Differences

Work experience.

MBA programs often value applicants with relevant work experience, especially for executive or part-time MBA programs. Professional experience can enhance classroom discussions, bring real-world perspectives to coursework, and contribute to a diverse learning environment.

In contrast, while work experience can be beneficial for PhD applicants, it is generally not a mandatory requirement for admission.

Curriculum Focus

The subjects covered in an MBA program compared to a PhD program are what sets them apart. MBA programs typically provide a comprehensive understanding of business practices, including finance, marketing, operations, and strategy. The curriculum emphasizes practical skills, leadership development, and decision-making in business contexts.

In contrast, PhD programs prioritize research skills, critical thinking, and academic contributions to a specific field of study. Doctoral students dive deep into a chosen area of research, conducting original investigations and contributing new knowledge to their discipline.

For instance, one student might choose to learn about marketing and how it works for small businesses. Instead of trying to be an expert on a bunch of different things, you will focus on one specific area of business and learn about its ins and outs.

Degree Duration

The time commitment required to complete an MBA degree  can vary from one institution to another. While there are MBA programs that can be completed in 1-year , two years is the typical duration of a full-time MBA program . If students enroll full-time in an accelerated MBA program , they can finish the degree in eleven to sixteen months.

It could take three to six years to finish a part-time MBA degree. Part-time executive MBA programs typically have a duration of eighteen and twenty-four months.

Generally, it takes students four to six years to finish a PhD program. However, for some, it can take as long as eight years. The duration of the program might differ greatly from one student to another and from one curriculum design to another.

Distinguishing Factors

Besides the differences mentioned above, there are some major distinguishing factors between an MBA and a PhD in business. Going through them will further help you evaluate the right choice for yourself.

Networking Opportunities

MBA programs offer a diverse and dynamic networking environment, bringing together professionals from various industries and backgrounds. Students in MBA programs can leverage these networking opportunities to build professional connections, exchange ideas, and access career development resources.

On the other hand, a doctorate in business offers very few opportunities for peer coordination, as the focus is primarily on individual research and scholarly pursuits.

Research vs. Practical Experience

A fundamental distinction between MBA and PhD programs is their emphasis on research versus practical experience. Completing a thesis is a necessary requirement for graduation for most master’s degree programs. While some MBA programs emphasize theoretical understanding and research, others prioritize practical experience.

In contrast, doctoral students undergo rigorous testing to demonstrate their expertise. These tests include candidacy and comprehensive exams. Additionally, a dissertation, a detailed exploration and analysis of a specific subject or research area, is mandatory for earning a PhD.

Doctoral candidates carefully select a thesis topic, conduct extensive research, and present their findings. The culmination of their doctoral journey involves defending their dissertation before an advisory committee, showcasing their mastery of the subject and research skills.

Learning Styles

Choosing between an MBA and a PhD in business involves understanding their distinct structures and learning styles. MBA programs follow a structured path with core courses and specialized tracks, emphasizing practical projects and teamwork in business.

On the other hand, PhD programs offer a more individualistic journey, focusing on research and personal exploration within the field.

Both attract students from diverse backgrounds, with MBA programs often catering to working professionals through flexible schedules.

When can an MBA in business be useful?

So far you’ve learned that even though they serve similar objectives, MBA and PhD are different. Below is a list of plausible ways an MBA can be useful:

• Career Advancement: An MBA benefits professionals seeking rapid career progression within corporate environments. It equips them with a comprehensive understanding of various business domains, leadership skills, and strategic decision-making capabilities.
• Leadership Roles:  An MBA can benefit individuals aiming for leadership positions such as Vice President of Finance, Chief Financial Officer, or Human Resources Manager. The program hones their managerial and organizational skills, preparing them to lead teams and drive business growth.
• Industry Transition:  MBA programs often attract professionals looking to transition into new industries or roles. The diverse curriculum and networking opportunities MBA programs offer facilitate this transition by providing insights into different sectors and fostering connections with industry experts.
• Entrepreneurship:  Many MBA graduates venture into entrepreneurship , leveraging their business acumen and acquired skills to start and manage their own businesses. The program provides valuable knowledge in areas like marketing, finance, and operations, which are important for entrepreneurial success.
• Global Opportunities:  With globalization shaping modern business landscapes, an MBA focusing on international business can be particularly useful for professionals seeking global career opportunities. It equips them with cross-cultural management skills and an understanding of international trade dynamics.

When can a PhD in business be useful?

A Ph.D. in business is a prestigious and advanced degree that opens doors to a wide range of impactful career paths. Beyond its academic significance, this degree equips individuals with many other skills, making them invaluable assets in various professional domains.

Let’s see where a PhD in Business can be particularly useful.

• Academic Careers:  One of the primary paths for PhD graduates in business is academia. They can pursue careers as professors or researchers in universities, contributing to developing knowledge in their field and mentoring future business leaders.
• Research Excellence: PhD programs emphasize rigorous research methodologies and critical thinking. Individuals interested in conducting in-depth research on specific business topics, publishing scholarly articles, and advancing the theoretical foundations of business disciplines find PhD programs highly rewarding.
• Specialized Roles:  Some specialized business roles, such as Chief Economist, require a deep understanding of economic theories and their practical applications. A PhD in business focusing on economics or related fields can be instrumental in securing such positions.
• Consulting and Advisory Roles:  PhD holders in business often excel in consulting and advisory roles, offering strategic insights, data-driven recommendations, and innovative solutions to businesses and organizations.
• Leadership in Research Institutions:  PhD graduates can lead research institutions , think tanks, or policy development organizations. Their expertise and research acumen contribute to evidence-based decision-making and the advancement of industry practices.

Which is better — An MBA or a PhD in business?

The decision between an MBA and a PhD in business ultimately depends on your career aspirations, interests, and desired impact. If you thrive in practical business settings, seek rapid career advancement, and value hands-on experience, an MBA may be better suited.

On the other hand, if you’re passionate about research, academic pursuits, specialized expertise, and making scholarly contributions, a PhD in business may align better with your goals. It’s important to evaluate your priorities, long-term objectives, and preferred learning and work environments when making this decision.

3 Tips for Choosing Between an MBA and a PhD

Making the choice between the two programs is going to be a tough decision and you’ll need to get all the help you can. So, we’re sharing some tips that can help you assess your priorities, interests, and career trajectory.

Consider these tips when you’re trying to figure out if earning a doctorate will benefit you more or an MBA.

Consult a Professional Guidance Counselor

Consult a career advisor  if you are confused about which degree will serve your goals best. They are a great resource for learning about the typical qualifications for your dream job.

You can learn about the requirements of different MBA and PhD programs and assess whether they are a good fit for you.

You can find independent career counselors or take advantage of the free services offered by career guidance counselors at educational institutions.

Find out Each Program’s Commitments

Consider the time and money needed for each program to make sure the one you choose is a beneficial investment for you in the long run. One way to do this is by weighing the time and money spent on the program against the potential gain in income.

Consider Your Preferred Learning Style

Consider your learning style before committing to a degree program since some may place a greater emphasis on certain approaches than others.

Courses that primarily include group work are common in graduate degree programs. In a PhD program, you can be expected to devote the majority of your time to extensive solo research.

Related Questions

Is acquiring a phd beneficial.

A doctorate in business shows that you are very knowledgeable and skilled in your field. It opens doors to rewarding professions in the public and private sectors, such as consulting, investment banking, and others.

Which MBA is most difficult?

One of the most challenging MBA specializations is operations management.

Is earning a PhD stressful?

Managing a personal life and academics and developing new research can be challenging. Generally, PhD students are known to experience stress and mental health problems along the way.

A study on PhD failure rate concludes that 19.5% of PhD candidates do not pass their final exam, and 16.2% drop out of the program before completion. However, overall 85% of PhD applicants are able to finish the program and earn their degree.

If you thrive on competition and practical challenges, an MBA might be the right choice for you. Alternatively, if you enjoy exploring theoretical frameworks, intellectual growth, and mentorship, a PhD could be ideal. If you’re someone who enjoys both aspects, you could consider going for a dual PhD.

Community Blog

Keep up-to-date on postgraduate related issues with our quick reads written by students, postdocs, professors and industry leaders.

The MBA vs PhD Debate

• By Grace M.
• August 14, 2020

If there’s one question that seems to get business university professors flinching at, it’s the all-to-often “ what’s better – an MBA or a PhD? ”

The reason for this is clear – asking such a question seems to suggest that the result of obtaining an MBA or PhD is the same. This couldn’t be any further from the truth.

Let us first quickly break down what an MBA and a PhD is.

MBA is short for  Master of Business Administration , while PhD is short for  Doctor of Philosophy . Just from the first word of both types of degrees, we can already see that there’s an obvious difference between the two, but let’s proceed.

In terms of the required time commitment, an MBA will usually take two years to complete full time. On the other hand, getting a PhD can take four years (unless you decide to undertake it part time or enrol into an accelerated online PhD degree programme). So if time is your primary concern, then an MBA would be the obvious path for you.

As an MBA student, you’ll find that much of the learning curriculum is closely related to a professional environment. In fact, this is why some universities mandate at least one year of actual work experience as an entry requirement. As a result of the masters degree being so closely related to business in practice, an MBA student will usually research a broad range of subjects. Each of these subjects would focus on a unique business aspect such as accounting, consulting, economics, marketing, finance, leadership, management, ethics and trading.

On the other hand, a Business PhD student will only focus on one subject and do so in much greater detail. On top of this, the PhD student will usually also be expected to support lecturers with teaching classes and leading tutorial sessions.

The reason for this difference is because a doctorate is an advanced degree which aims to make you an expert in a specialised field. Because of this, a PhD is regarded as the higher professional qualification of the two.

MBA vs PhD Entrance Requirements

Due to the amount of funding available, a high number of applicants and a few available positions, the competition for entry into MBA and PhD programmes can be very high.

The specific requirements depend on the country you intend to study in; however, most MBA programmes require you to sit Graduate Management Test ( GMAT ) or Graduate Record Examinations ( GRE ). Regardless of whether you need to undertake a pre-qualification exam or not, most universities prioritise applicants who already have a level of professional experience.

The reverse is true for PhD programmes. For PhDs, you will require a relevant undergraduate or postgraduate degree (usually with a 2:1 or 1st), but you will not be expected to sit any pre-entrance exams nor will you be expected to have working experience. As a result, most students who do a business PhD are younger than those who do an MBA.

Earning your MBA or Doctorate Online

As if the MBA or PhD debate wasn’t enough, the online versions of these degrees are starting to get thrown into the comparisons. With the fast-developing rate of the internet and a general trend towards online global connectivity, higher education is experiencing a significant transformation.

Not only is it possible to get a doctorate online , MBA programmes and Masters in Project Management are also much more widely available online from top-ranking universities compared to several years ago.

While online learning may not be for everyone, many adult students, including myself, favour online degrees due to the flexibility they provide to on-campus or distant learning programmes. As someone who used to dedicate several hours a night on a university campus in a neighbouring area, take it from me, being able to study from your home office isn’t only easier, it’s much less stressful.

MBA vs PhD Career Options

So what gives a better return on investment in terms of career options, an MBA or a PhD?

The MBA is a specialised business degree, and as such, anyone who holds it is a valuable asset for any business. Industries are all about using employee abilities to the organisation’s benefit, and an MBA isn’t something an organisation should or will ignore.

Having a Masters in Business Administration is usually associated with greater career prospects. This is reflected in the speed that an MBA degree holder can climb the corporate ranks compared to an individual who doesn’t hold the specialised degree. Not only can they progress faster, but MBA holders typically also achieve higher positions during their career. This can include highly sought after positions such as associate directors and senior executives (assuming the student is ambitious and dedicated enough). Another benefit of getting an MBA is surrounding earning potential. It’s not unusual for those with an MBA from the London Business School, Oxford University or Imperial College London to receive starting salaries in excess of £50,000 a year .

In comparison, most business PhD holders won’t follow the same path as their MBA colleagues. Instead, most PhD graduates will enter into either a research or academic career. Because of this significant difference in the typical career path, which of the two types of degrees is better suited for you will depend on exactly what it is you want to do after completing your studies.

Finding a PhD has never been this easy – search for a PhD by keyword, location or academic area of interest.

PhD after MBA

Hopefully, it should be clear by now that an MBA and a PhD are two very different degrees, and because of that, it should also start to become clearer regarding which degree is for you.

If this isn’t the case, it may be useful to know that some business students, after completing their undergraduate degree, obtain an MBA and then move onto a PhD. This actually makes a lot of sense since the two forms of professional qualifications cover different stages of a student’s learning, and on that basis, there’s no reason why you couldn’t do both.

In fact, a few universities offer programmes that combine both degrees as a PhD-MBA dual degree. They are better known as PhD-MBA Integrated Degrees (or PhD-MBA Joint Degrees in US Graduate Schools) and can be the perfect option for anyone who wants to get the best of both qualifications. You don’t necessarily need an MBA for PhD eligibility, but they can prove beneficial as the transition from MBA to PhD will usually be less arduous than from Bachelors to PhD.

So what’s Better, a PhD or MBA?

The final answer depends on you. If you’re an individual who enjoys going up against others or the market, then an MBA will probably be the right option for you. On the other hand, if you prefer the realms of researching business theories, challenging yourself mentally and being able to pass on knowledge to others, then a PhD could be the better option. If both options sound interesting to you, then you may find a PhD-MBA dual degree of interest.

In the end, then, the question isn’t about whether an MBA is better than a PhD, but which one is personally better for you.

When you should and shouldn’t capitalise the names of chemical compounds and their abbreviations is not always clear.

In this post you’ll learn what the significance of the study means, why it’s important, where and how to write one in your paper or thesis with an example.

Fieldwork can be essential for your PhD project. Use these tips to help maximise site productivity and reduce your research time by a few weeks.

Join thousands of other students and stay up to date with the latest PhD programmes, funding opportunities and advice.

Browse PhDs Now

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Statistical treatment of data is essential for all researchers, regardless of whether you’re a biologist, computer scientist or psychologist, but what exactly is it?

Dr Pujada obtained her PhD in Molecular Cell Biology at Georgia State University in 2019. She is now a biomedical faculty member, mentor, and science communicator with a particular interest in promoting STEM education.

Christine is entering the 4th year of her PhD Carleton University, researching worker’s experiences of the changing conditions in the Non Profit and Social Service sector, pre and during COVID-19.

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Pursuing a PhD After an MBA in the USA: What You Need to Know

May 15, 2023

If you’re considering pursuing a PhD after completing an MBA in the USA, there are a number of factors to take into account. Not only will you need to choose the right program, but you’ll also need to balance work and study, secure funding, and explore career opportunities once you’ve completed your degree. In this article, we’ll take a closer look at what you need to know when pursuing a PhD after an MBA in the USA.

The Advantages of Combining an MBA and a PhD in the USA

Top universities in the usa for mba-phd joint programs, how to choose the best mba-phd joint program in the usa, the application process for mba-phd joint programs in the usa, the importance of research experience for mba-phd joint programs in the usa, funding options for mba-phd joint programs in the usa, balancing work and study: tips for pursuing an mba-phd joint program in the usa, career opportunities after completing an mba-phd joint program in the usa, potential salary increase with an mba-phd combination in the usa, future trends and growth opportunities for phds with an mba in the usa.

One of the main advantages of pursuing both an MBA and a PhD is that it can give you a competitive edge in the job market. You’ll have the practical business skills offered by an MBA, as well as the research and analytical expertise provided by a PhD. This unique combination can be highly attractive to employers, particularly those in industries that require both business acumen and technical expertise, such as finance, healthcare, and technology.

Another advantage of combining an MBA and a PhD is that it can open up a wider range of career opportunities. With an MBA, you may be limited to certain roles within a company, such as management or consulting. However, with a PhD, you can pursue careers in academia, research, or even entrepreneurship. This versatility can be especially valuable in today’s rapidly changing job market.

Additionally, pursuing both degrees simultaneously can save time and money compared to pursuing them separately. Many universities offer joint MBA/PhD programs that allow students to complete both degrees in less time than it would take to complete them separately. This can also result in cost savings, as students may be eligible for scholarships or other financial aid that would not be available if they pursued the degrees separately.

If you’re interested in pursuing an MBA and a PhD, there are a number of top universities in the USA that offer joint programs designed for students like you. Some of the best schools to consider include the Wharton School at the University of Pennsylvania, the Kellogg School of Management at Northwestern University, and the Stanford Graduate School of Business. Each school offers a slightly different focus, so it’s important to research each program carefully to determine which one is the best fit for your goals and interests.

One benefit of pursuing a joint MBA-PhD program is the opportunity to gain both practical and theoretical knowledge in your field of study. These programs often combine coursework with research opportunities, allowing students to apply what they’ve learned in the classroom to real-world problems. Additionally, many joint programs offer funding and resources for students to conduct their own research, which can be a valuable experience for those interested in pursuing careers in academia or research.

Also read: Pursuing a PhD in mechanical engineering in USA

When choosing an MBA-PhD joint program in the USA, there are a number of key factors to consider. These include the program format (e.g. full-time, part-time, online), the curriculum and course offerings, the faculty and research opportunities, and the program’s reputation and rankings. It’s also important to consider the program’s location and any networking or internship opportunities available, as these can be key to securing post-graduation employment.

Another important factor to consider when choosing an MBA-PhD joint program is the program’s focus and specialization. Some programs may have a specific focus, such as entrepreneurship or healthcare management, while others may offer a more general business education. It’s important to choose a program that aligns with your career goals and interests.

Additionally, it’s important to consider the program’s cost and financial aid options. MBA-PhD joint programs can be expensive, so it’s important to research the cost of tuition, fees, and living expenses. Many programs offer financial aid, scholarships, and assistantships to help offset the cost, so be sure to explore these options as well.

The application process for MBA-PhD joint programs can be detailed and time-consuming. Typically, applicants must submit a range of materials, including transcripts, letters of recommendation, a statement of purpose, and GRE or GMAT scores. It’s important to carefully review the application guidelines for each program you’re interested in and to meet all deadlines to ensure your application is considered.

In addition to the required materials, some MBA-PhD joint programs may also require applicants to complete additional essays or interviews. It’s important to research each program thoroughly to understand their specific requirements and expectations. Additionally, it’s recommended that applicants have relevant work experience and a strong academic background to increase their chances of being accepted into these highly competitive programs. Finally, it’s important to note that the application process for MBA-PhD joint programs can take several months, so it’s important to plan accordingly and stay organized throughout the process.

Research experience is highly valued in MBA-PhD joint programs because it helps prepare students for the rigorous research demands of a PhD program. Students with research experience are often better equipped to handle the complex research challenges they’ll face, and may be more likely to secure research assistantships and other funding opportunities.

Furthermore, research experience can also help MBA-PhD joint program students develop critical thinking and problem-solving skills, which are essential for success in both academia and industry. Through research projects, students learn how to analyze data, identify patterns, and draw conclusions, skills that are highly valued in the business world. Additionally, research experience can help students build a strong network of contacts in their field, which can be invaluable when seeking job opportunities or collaborating on future research projects.

There are a number of funding options available to students pursuing MBA-PhD joint programs in the USA. These include scholarships, grants, fellowships, teaching assistantships, and research assistantships. It’s important to research each funding option carefully to determine which ones you are eligible for and to apply for as many as possible to help offset the cost of tuition and expenses.

One popular funding option for MBA-PhD joint programs is through employer sponsorship. Many companies offer tuition reimbursement or financial assistance for employees pursuing advanced degrees. This can be a great way to gain valuable work experience while also furthering your education.

Another funding option to consider is taking out student loans. While this should be a last resort, it can be a viable option for those who are unable to secure enough funding through scholarships or other means. It’s important to carefully consider the terms and interest rates of any loans before accepting them, and to have a solid plan for repayment after graduation.

One of the biggest challenges in pursuing an MBA-PhD joint program is balancing work and study. It’s important to prioritize your time and stay organized, setting aside dedicated time for both work and study. Consider taking advantage of flexible work arrangements, such as telecommuting or flexible hours, to help manage your workload. And don’t forget to take care of yourself by getting enough sleep, eating well, and exercising regularly.

Another important tip for balancing work and study in an MBA-PhD joint program is to build a support system. This can include family, friends, colleagues, and classmates who can offer encouragement, advice, and assistance when needed. It’s also helpful to connect with alumni and professionals in your field who have gone through similar experiences and can provide valuable insights and guidance. By building a strong support system, you can stay motivated and focused on your goals, even during the most challenging times.

Graduates of MBA-PhD joint programs are well-positioned for a variety of exciting career opportunities. Some go on to work in academia, conducting research and teaching courses related to business and management. Others may work in consulting, finance, or technology, using their unique blend of business and analytical skills to solve complex problems and drive innovation.

Additionally, graduates of MBA-PhD joint programs may also pursue careers in government or non-profit organizations, where they can apply their knowledge and skills to make a positive impact on society. They may work in areas such as public policy, international development, or social entrepreneurship. The interdisciplinary nature of the MBA-PhD joint program equips graduates with a diverse set of skills and perspectives, making them valuable assets in a wide range of industries and sectors.

Studies have shown that students who combine an MBA and a PhD can earn significantly higher salaries than those with just an MBA or just a PhD. This is because the combination of business and research skills is in high demand in a number of industries, including healthcare, finance, and technology. While salaries may vary depending on the industry and location, the potential for higher earnings is certainly a draw for many students considering this path.

Furthermore, the combination of an MBA and a PhD can also lead to more job opportunities and career advancement. Graduates with this dual degree are often sought after for leadership positions in their respective fields, as they possess a unique set of skills that allow them to effectively manage teams, conduct research, and make strategic business decisions. In addition, many companies offer tuition reimbursement or other incentives for employees who pursue advanced degrees, making it a financially feasible option for those looking to further their education and career.

The future looks bright for PhDs with an MBA in the USA. As technology continues to advance and industries become more complex, employers are increasingly looking for candidates with a unique blend of business and technical skills. This trend is expected to continue long into the future, meaning that graduates of MBA-PhD joint programs are well-positioned to take advantage of a wide range of exciting career opportunities and contribute to meaningful and impactful research.

One area where PhDs with an MBA are particularly in demand is in the field of healthcare. With the aging population and the increasing prevalence of chronic diseases, there is a growing need for professionals who can navigate the complex healthcare landscape and develop innovative solutions to improve patient outcomes. Graduates of MBA-PhD programs with a focus on healthcare management are well-equipped to meet this demand and make a real difference in the lives of patients.

Another area where PhDs with an MBA can make a significant impact is in the field of sustainability. As concerns about climate change and environmental degradation continue to grow, businesses are under increasing pressure to adopt sustainable practices and reduce their carbon footprint. Graduates of MBA-PhD programs with a focus on sustainability can help companies develop and implement effective sustainability strategies, while also conducting research that advances our understanding of the complex environmental challenges we face.

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MBA after PhD

• Updated on  
• Jul 4, 2024

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 of, 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 knowledge unparalleled by anyone else in the exact topic of your research. It qualified one as a specialist. It provides a sound research focus, whereas MBA on the other hand provides a sound business and leadership focus.

It is understandable that a PhD is the highest degree that one can have, but there is no hard and fast rule that one cannot pursue MBA after completing their PhD. 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 in the business field, considering an MBA can give you that push in the business area. An MBA after a PhD not only offers great career opportunities but also guarantees a highly paid job and lets you develop a strong professional network. An

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 an 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 of top MBA exams is 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 dates 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 have 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 packages 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

Also Read: Best Country for MBA

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.  

Related Reads

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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Career Scope & Valuable Reasons to do PhD after MBA

Blog Summary

Unlock the potential of your career with a PhD after MBA in Management. Discover how this esteemed degree can elevate your expertise and impact in the business world. From gaining credibility to refining leadership skills, explore the myriad benefits outlined in our comprehensive guide. Dive deeper into the advantages of online learning and accreditation, ensuring a seamless journey towards your academic and professional aspirations. Join us on a transformative path towards scholarly excellence and practical mastery in management studies.

A rising number of PhD management degree holder

Whether you wish to become an academic teacher or help companies solve critical management issues, a PhD after an MBA degree in management will offer a path to greater credibility, influence, and impact.

PhD degree in a management program is usually grounded in preparing you with the skills and buoyancy you need to complete your thesis.

A PhD in Management empowers professionals in business and corporate to excel as leaders, scholars, and change-makers.

How to Get a PhD in Management

You can join PhD in management after an MBA or easily complete an online doctorate degree in management after your Master’s in Business Management. The pandemic has slowed the world down; schools, colleges, and most services have gone online.

PhD in management online programs were available even before the pandemic. You can complete your doctorate with full support from business experts and at your own pace.

More college graduates decide to pursue a master’s or doctorate degree in management. In recent years, the number of doctoral degree holders has grown to 4.5 million. Prospective students pursuing a PhD in management are increasing because they want to become experts in their chosen field. While there are many reasons to get a PhD after an MBA, it is a fact that you gain more knowledge and pass it on to the upcoming generation.

Benefits of Earning Your PhD after MBA in Management

There are plenty of reasons to pursue a PhD in Management, from gaining a competitive edge to becoming a scholar-practitioner.

Be it contemplating your career or seeking to address your management challenges, a PhD in Management can help you accomplish your goals, personal and professional. Are you wondering how a PhD after an MBA can better transform you, your career, and others? Here it is.

For further insights into the benefits and considerations of pursuing an online PhD in management, we invite our audience to explore our blog titled “ Why Opt for an Online PhD in Management Today .”

Gain a competitive edge   When you choose to move ahead in your career, PhD in Management online program will become a marketable asset that will provide you competitive advantage in today’s fast-moving business world.

• Become a better problem solver A good PhD in Management program inspires you to do more than receive knowledge. It helps you to share knowledge with the whole world. You will also be achieving new levels of critical thinking that you can apply in new and exciting ways in your career and your field of interest.
• Refine your expertise A PhD in management will, through distance or online learning, give you ground in new strategies for leading businesses and people in an increasingly interlinked global society. It is sure to hone your strategy for leading people in an increasingly interwoven international community.
• There may be repetitive questions in your mind as to why get a PhD in business. But the benefits are vivid; you can gain universally applicable skills for uplifting companies in any sector. Also, as you gain inside-out knowledge, you are sure to create a place for yourself in the current role you are in and make a more significant impact. There are chances that even your friends and family members turn to you for advice and guidance on business-related issues.
• Evolve as a scholar-practitioner PhD after an MBA will give you the knowledge and self-confidence to attend academic conferences and present papers. You’ll discover your inner voice as a scholar and write a dissertation.
• A competitive pay You are sure to receive higher pay soon after you finish your PhD in business. There is always a tremendous demand for PhD holders in universities to teach students and the business field for various positions. You can create a difference in your organization and also in your community. By transferring the latest concepts and theories, you can bring changes after your PhD in Management degree.

Choosing the Best Online University

It all starts with choosing the best university to earn a PhD or doctoral degree. Earning a degree can be more feasible and much more valuable if you choose the right online platform to pursue your PhD degree.  

Accredited university

You must ensure you receive a quality education by choosing an accredited university. It could be online or offline, but choosing the right university is recognised and accredited by an accrediting organization.

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Ph.D. After Online MBA [Distance, Part-Time] Possible?

College Vidya Team Dec 11, 2023 3.4K Reads

Are you someone who is research-oriented & has a passion for academics? Well, a Ph.D. is surely the best option for you! It will help you explore all the details of your particular field & will make you a master in that. Moreover, your passion for research & innovation will be satisfied with the learnings of this doctorate program. So, what are you waiting for? Just go & grab the opportunity you have dreamt of! Wait a minute, are you questioning your eligibility for the same due to a PG degree in an online MBA? 

Well, this blog is going to be a perfect read for you. Let us clear your doubts by addressing all of the questions that have kept you waiting to join a PhD program for working professionals .

An Overview of Ph.D.

Doctor of Philosophy or Ph.D. or PhD is a doctorate-level education that requires a high level of dedication & focus. It is one of the most sought-after degrees among the candidates aspiring to become professors or lecturers at the university level. At most universities, the duration of this program ranges between 5 and 7 years. In some universities, this duration reduces to 3-5 years. Candidates who have completed their postgraduation program in any major are eligible to join this doctorate course.

The common entrance exams conducted in India for the PhD program include UGC NET, CSIR NET, GATE, & IIT JAM. To enroll in a reputed government-approved university for this program, you need to crack any one of these exams with the minimum cut-off marks. To get it from a foreign university, you need to clear the TOEFL & GRE/GMAT exams based on your selected country & course specialization.

After getting enrolled in the course, you need to carry out your course work in terms of research which will be submitted in the form of a thesis/dissertation towards the end of your program. Moreover, you need to clear the viva or the personal interview to get your PhD degree from the university. 

Is Your Online MBA Degree Eligible for a Ph.D. Program?

Online education has taken over the education industry in the past few years. Apart from its positive impact on the learner’s career, there are still a lot of myths associated with it. The number one on that list is that online degrees are less respected in the market & are not considered for higher education.

To settle this argument, we have this simple example of the fact that your online MBA degree does not make you any less eligible for a PhD program. The only thing that matters here is that your online degree must have been completed from a UGC-approved university. With valid documents including a mark sheet, degree, & provisional certificates of online MBA, you can apply for this doctorate-level program. 

Not only in India but international universities also entertain candidates for PhD admission who have completed their online MBA in any specialization.

Top Specializations of Ph.D. After Online MBA

After completing your online MBA program, you will be familiar with the specialization domains with a good future scope & the ones that favor your interests in the business industry. Some of the trending majors in the business field that are quite popular at the doctorate level are listed here. 

The admission process, eligibility criteria, & duration of these above-mentioned doctorate specializations are the same but differ in terms of fee package & curriculum.

Top Colleges for Ph.D. After an Online MBA in India

There is a range of authentic universities that offer doctoral courses even after an online MBA program. These universities not only help you achieve your professional goals but also provide you with global recognition in the business industry. Based on the entrance exams & specializations offered, you can choose your university for this program.

The admission process, fee package, eligibility criteria, curriculum, & duration of the doctorate programs in the business domain differ based on your choice of the university.

Trending Specializations in DBA/Ph.D. After Online MBA

Career Scope of Ph.D. After Online MBA

The most opted career after completing a PhD program even in the business domain is teaching. Nearly 80% of doctorate candidates choose teaching as their profession & the remaining 20% make their way to the corporate sectors.

The addition of a doctorate-level program to your resume will help you attain stability in your career in terms of finances & designation. The in-depth knowledge of research-oriented business strategies will make you an expert in the business industry. 

Your innovative approach to an organizational issue will help you stand out from the crowd of business professionals. Apart from the research field, here are a few top profiles that you can explore upon completion of your PhD after online MBA. 

The salary package offered to a PhD candidate in India is between 7 to 17 lakhs which varies with their skills & experience in the corporate or academic sector. This package applies to candidates who have completed their doctoral program after their MBA. 

Is There Any Easy Alternative for Regular Ph.D. After Online MBA?

Since we live in an era where digital transformation is at its peak & is creating an impact in almost every sector of the industry, how can we forget about the education industry? Starting from 12th grade to the doctorate program, every level of education is now being offered in flexible modes at authentic government-recognized universities & institutions. These modes include both hybrid & online formats. 

After completing an online MBA program, you can go for two modes of doctorate program, i.e., regular or online. For the regular one, you need to attempt & clear the entrance exams & give a full-time commitment for around 5 years. 

Online PhD courses are introduced by universities to make the higher level of education accessible to all. With a busy work schedule & growing financial needs, everyone can't take up a regular doctorate program & dedicate 3-5 years completely to it. Because of this major reason of time commitment, most of the aspirants step back from taking up this program. 

Thus, universities not only in India but in foreign countries as well are offering online & hybrid doctorate programs with a direct admission process without any tests or interviews. This way these programs become more feasible for working professionals. Moreover, the affordable cost & shorter duration (3 years) attract many individuals who have been planning on a PhD degree for a long time.

At international universities, a PhD in the business domain is referred to as the Doctorate of Business Administration (DBA) which is the highest qualification in business administration. Upon completion of your online MBA, you can even apply for a DBA program at your chosen foreign university.

Top Trending Articles

Upon completion of your MBA program, you can either go for a job or a regular PhD program or pursue an online/hybrid PhD program along with your job. These choices are available to you even if you have acquired an online MBA from a government-approved university. Moreover, your online MBA degree makes you eligible for a DBA course offered by reputed international universities in regular/online/hybrid mode.

FAQs (Frequently Asked Questions)

⭐ what is the correct abbreviation for doctor of philosophy.

Doctor of Philosophy is one of the highest levels of education for many domains. It is denoted either by Ph.D. or PhD. Both the abbreviations are correct & accepted globally.

⭐ Is an online MBA valid for Ph.D. in India?

An online MBA completed from a government-approved university is valid for enrolling in any Ph.D. specialization at an authentic university.

⭐ What is the benefit of completing Ph.D. after online MBA?

A Ph.D. degree will help you gain research skills and methodologies that will help you excel in your career. It will help you make your way towards your dream career of becoming a professor.

⭐ Can I apply for a Human Resource Management specialization in Ph.D. after online MBA?

After fulfilling the specific eligibility requirements, you can apply for a Ph.D. in Human Resource Management at any university.

⭐ Which entrance exams are there to enroll in Ph.D. after online MBA?

For Indian Universities, you need to clear UGC NET/CSIR NET/GATE/IIT JAM but for Foreign Institutions you need to clear language tests like TOEFL or IELTS & subject tests of GRE or GMAT.

⭐ Which are the three top sectors that I can apply to upon completion of my Ph.D. after online MBA?

The three top sectors that actively recruit Ph.D. candidates are Teaching, Research, and Corporate.

⭐ Is DBA similar to Ph.D. after online MBA?

Ph.D. in management or business field equips you with a doctorate in business. DBA is Doctor of Business Administration which is quite common at the international level. Both of them are the same except for their terminology in the national & international markets.

⭐ Can I pursue a Ph.D. after online MBA while working?

Hybrid or Online Ph.D. programs are flexible alternatives to regular Ph.D. courses that can be pursued even after an online MBA.

⭐ Will an online DBA or Ph.D. after online MBA add a “Dr.” title to my name?

Hybrid & online modes of Ph.D. programs are globally recognized & add the prefix “Dr.” to your name upon completion.

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In 2012, Jean-Marc Peyrat left his role in science and technology development at Siemens to team up with a colleague and start a company. This was no idle pursuit: Peyrat holds two separate master’s degrees in engineering and biomedical engineering, as well as a PhD in computer science. The venture lasted just a few months, but this brief foray into entrepreneurship whet Peyrat’s appetite for more.

Peyrat hit the books again in 2016 when he started the MBA program at HEC Paris . Today, he is the co-founder and CEO of inHEART , a start-up that marries cardiac electrophysiology and medical imaging with cloud-based cardiovascular 3D processing and visualization services. The venture was named one of the leading companies at the frontier of cardiac imaging in 2020. It has also raised €3.7 million in funding in the last six months alone.

“I didn’t know exactly what skills I was looking for when I started my MBA,” recalls Peyrat. “But I am curious, and I really wanted to learn about the business side of things. That’s one huge thing I gained from the MBA: feeling more confident about what I should know or not know about a specific field. The MBA gives you a framework that applies across businesses.”

A Doctor of Philosophy degree represents the highest level of expertise you can earn in a particular field. A Master’s in Business Administration is specific in its focus on business management and organization but broad in its development of soft skills such as leadership and strategy. It is an excellent route for doctorate holders who want to switch from academia to industry, or who want to leap into an entirely new industry altogether.

HEC Paris consistently admits between two and four PhDs who have decided to further their studies with an MBA degree every year.

While research and development are vital to advancing any field, many individuals, including Peyrat, earn an MBA degree in order to make a greater impact in a shorter amount of time. “I wanted to have a direct impact on patient care and the product,” explains Peyrat. “In the academic world, you work on fundamental research that’s not going to be a product or in the hospital for another 10 or 20 years. I wanted to work on something more concrete.”

This same desire to take pure scientific research and turn it into a commercially available technology for the public good is what motivated Daria Jacob to transform her career path via an MBA degree.

Jacob completed her PhD in vaccine development and worked for nearly four years at Paris’ famed Institut Pasteur before starting at the HEC Paris MBA. Today she is the Associate Director of Genomics at Tecan, a producer of robotic lab and diagnostic equipment. In that role, she leads the Genomics automation team and works toward implementing the company’s strategy in Genomics.

“On one hand, I think a perfect personality for a scientist is someone who is really focused on what he or she is doing and super excited about the details of the project,” says Jacob about her decision to move from researching virology to the business of healthcare technology. “For me, it was an interesting venture, but I just didn’t see myself doing it all of my life. And a lot of scientific work is unfortunately not about science, but more about getting grants and publishing so you’re able to secure your next post-doc gig. These typically last two years, and then you’re up against the same questions again and again: ‘How do I get the next position to support my family? Advance my career?”

The Journey to the MBA Program at HEC Paris

Jacob, who is Russian, chose HEC Paris partially because of the other MBA students. Like her, many didn’t have direct experience in the corporate world, but their experiences in the worlds of research and academia left them well-positioned for taking innovative steps after the MBA. She says she found the HEC Paris MBA both impressive and reassuring. It was also flexible enough to provide Jacob the exact skills she knew she was missing.

Before starting the MBA program, Peyrat spent two years working at the Qatar Robotic Surgery Centre (QRSC). A friend had connected him with an opportunity to commercialize the center’s research. He admits that the prospect of developing applied technology and starting a company to deliver that technology was a powerful draw from the world of pure research. “I was also attracted by Qatar itself. The country is similar to a start-up, because they started maybe 10, 15 years ago to build everything from scratch. Twenty years ago, it was a desert. It felt interesting to just be there and see how everything worked so differently.”

Eventually, Peyrat decided to return to France. “When I came back, I didn’t really have the idea in mind to found my own company,” Peyrat recalls. However, shortly after he began the HEC Paris MBA, a colleague from INRIA contacted him with a research project that he wanted to bring to the market developed in close collaboration with clinicians. “So, it was not a technology push; it was really coming from the needs of the clinicians. I really liked the way they initially developed the technology. It was also a medical-image processing technology–exactly my field.”

From Professor to Manager

Another example of a doctorate holder who used the MBA degree for a complete career transformation is Pauline Beaugé de la Roque. She holds a PhD in History from University College Cork, Ireland, and a Doctorate in English from Sorbonne Université in Paris. De la Roque transitioned from being an associate professor and researcher at a university to managing a team of about 200 people at Michelin. There she is responsible for all aspects of manufacturing agro-tires, including production, quality, maintenance, and logistics. Her career path took her from sales to strategy and now Shop Manager.

“At one stage of my very exciting academic life, I found that something was missing: I knew nothing about the corporate world, whereas I strongly believe academic and corporate worlds should mix much more than they typically do,” recalls de la Roque. “Moreover, after having tackled such an intellectual challenge as a PhD, I thought it was time to tackle another kind of professional challenge and discover an entirely new field.”

HEC’s program has an impressive reputation in the Francophone world, which de la Roque thought would round out her CV as she already held a PhD highly valued in the Anglo-Saxon world. The small cohort at HEC—limited to 300 participants a year—allowed her to get to know everyone personally. “This is something I underestimated before joining, but it really changed my whole vision of the value of my MBA,” she says. She was also drawn to the diversity of students, who come from over 50 countries, and the work of alumni around the world. She also saw the program’s 16-month length as perfectly fitting her work-life balance. “The MBA has an incredibly human side to it that comes from its size and the quality of its people—staff, professors, and students. It was an amazing human adventure.”

Why an MBA?

For Peyrat, Jacob, and de la Roque, an MBA was an opportunity to build complementary skills and broaden their experiences and perspectives. It ensured a path to a more business-oriented position immediately after the degree program.

The Entrepreneurship Specialization in the HEC Paris MBA also afforded Peyrat an additional opportunity as he began to develop his company. “I was able to work on my start-up project at the same time I was doing my studies, so it was a comfortable situation for asking for advice from professors, mentors and so many other people that I met through the MBA.”

Jacob considers her career path pre- and post-MBA. “During my PhD and my first year of post-doc work, I managed a team of two or three people, reported on my project, and tried to meet budgets and timelines. Without all the tools—both the hard skills and soft skills—I earned through the MBA, I was simply inefficient.”

“The MBA gave me self-confidence and the power to dare,” says de la Roque. “It also made me aware of how my academic skills were transferable in the corporate world.”

Is an MBA Right for You?

Pursuing an MBA is a challenge that anyone who has achieved a PhD is prepared to meet. For those who have chosen this path, the decision comes down to personal career goals. “In a way, there is a natural selection in the scientific world, for those who really want to stand by their pure scientific interest and those who want to try out something else, as was my case,” says Jacob.

Peyrat emphasizes how important it is to have a genuine motivation to enter an MBA program. “Say you’re at the end of the PhD, you’re fed up with your research and you want to escape. I don’t agree with doing an MBA for that reason. Do the MBA because you want to go toward something. After all the time spent earning a PhD, spending another one or two years for another degree is definitely a time investment. My advice would be to connect to as many people as possible who have earned both MBAs and PhDs to get some feedback and decide if that fits your future goals.”

To those doctorate holders who are interested in business and unsure if getting an MBA is the right path, de la Roque unequivocally advises, “dare and go for it!”

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Mba to phd: what is the recommended path.

Dr. Nick Dahan, Professor and Director, Online MBA California State University at Monterey Bay College of Business

As you are planning out your education and career, you may be considering furthering your education beyond an MBA with a doctorate degree in a business-related field. This is a big decision, given that it is likely a three- to six-year commitment that would affect your career and your family, both emotionally and financially. Be sure to make this decision after taking some time for careful consideration.

Here are a few key questions to ask in order to help with the MBA to PhD decision process.

Why Do You Need a Doctorate?

This is the most important question.

If you have substantial executive experience and you are interested in teaching in higher education, you may be eligible for the Association to Advance Collegiate Schools of Business’ (AACSB) “bridge” program , which helps executives become effective instructors. This program is designed for highly seasoned business leaders who are only interested in teaching, not pursuing research. They can teach in business schools either part-time or full-time in a contractual teaching-focused position (called non-tenure track, or clinical, or professor of teaching). In that case, a doctorate is not needed at all.

If the only reason to pursue a doctorate is to study a business discipline or to deepen your quantitative skills beyond what is possible in an MBA (even one with a concentration), you may want to consider a graduate certificate or a master of science (MSc). They offer the opportunity to take three to 12 courses with a narrower focus, such as data analytics, human resources management, project management, digital marketing, etc. A certificate or MSc is a great complement to an MBA, especially if your MBA consisted of, say, 10 courses covering 10 different business disciplines, with little opportunity to go deeper on any particular subject.

It must also be stressed that boosting earnings is rarely a strong reason to pursue a doctorate in business if you already hold an MBA or MSc in a business subject. As careers in the private sector are more lucrative and typically do not require a doctorate (other than a few corporate economist and financial positions where a PhD is a must), the financial return on the investment into a business PhD may actually be negative if you plan to go into academia compared to a private-sector career with an MBA. As an example, through a successful career in the private sector, a business executive may well earn more than $200K annually five or 10 years after completing their master’s degree in business, whereas it is highly unlikely that a business academic with a PhD will ever reach that salary level. However, while significantly increasing your earnings may not be the main reason, there are obviously plenty of other valid reasons for pursuing a doctorate.

Valid reasons to go from an MBA to a PhD include:

• Ensuring you achieve the deepest level of expertise on a subject matter, which can then be leveraged in the private sector, public sector, and consulting. Sometimes a graduate certificate or even an MSc is not enough for the kind of career you seek out
• Getting the opportunity to teach in higher education, either part-time as an adjunct while keeping your full-time job in business, or full-time by switching from a business career to academia. If the latter, the choice is often motivated by seeking a second career that allows more freedom and flexibility (stable employment and great benefits are important perks).
• For marginalized populations , it may be an important way to be given the respect they deserve. And business doctorate programs face a serious underrepresentation of minorities, in part because many programs do not offer scholarships and assistantships (instead, they are money-making programs for the universities), which decreases the likelihood of minority enrollment . Fortunately, there are initiatives to redress the situation and grow a pipeline of minority PhDs that can ultimately join academia, such as McNair fellowships in business , and The PhD Project .

Which Kind of Doctorate?

Not all doctorates are created equal. You have to choose one that matches your career goals:

Doctorate in Education (EdD)

This is not a doctorate in business per se. As such, it is very unlikely to lead to a full-time position at a four-year college nowadays. However, it can be useful in consulting, in specialized areas of Human Resource Management (adult education/training), or to pursue a leadership career in education (high school and school district, or on the administrative side of higher education such as Dean of students, Vice-Provost, etc.).

Doctorate in Business Administration (DBA)

In business fields, there are DBA and Executive Doctorate in Business Administration (EDBA) (EDBA/DBA) programs.

DBA programs are more practically oriented, focusing on conducting applied research. For example, a project the DBA student investigates in their professional context, as “action-research” that can be implemented quickly and deliver concrete benefits to their organization. Because the focus is on research that can be implemented in organizations, rather than published in academic journals to promote knowledge in the discipline, the DBA is well-suited for a career as a consultant. It could also be used to land a full-time position as an academic or a leader at a community college, where there is no expectation of conducting and publishing academic research.

Doctor of Philosophy (PhD)

PhD programs are more academic in content, typically providing even deeper training in research skills and subject matter, which often implies that they take longer to complete. A PhD first and foremost prepares students for a career in academia, specifically to be a professor or an academic leader, such as executive director, academic dean, provost, or president.

PhD programs focus on unique, theory-based research and publication of the findings of that research in academic journals and scientific books. If you are interested in a full-time academic career at a four-year college or university, a PhD is the degree for you. Of course, a PhD can also be leveraged in other careers such as consulting.

What Kind of Program?

Residential or online? Full-time or part-time? Every option exists.

If you aspire to mostly focus on teaching and therefore want to work at a college with a teaching emphasis, your PhD program options are broader than if you want to ultimately work at a business school where research expectations are more central. You have to select a doctoral program that will prepare you for the kind of academic career you aspire to: mostly teaching? A mix of teaching and research? Mostly research? Typically, the more prestigious the business school, the more emphasis is placed on research in its doctoral program.

If you want to be an academic, the more traditional route is to join a full-time residential PhD program where you can focus entirely on your studies and priming your research pipeline in order to prepare for a full-time academic position. Typically, seats are scarce at these PhD programs as it is extremely costly for universities to run these programs; they have to pay their most experienced professors to teach doctoral seminars to a very small number of students (often five to 10) who often have their tuition fully covered and get a scholarship or assistantship on top of that (often earning around $20K annually). If you are aiming to be hired as a faculty at a premier accredited school (AACSB-accredited for North America 1 , while in Europe EQUIS is another accreditation that is also prestigious), earning a PhD from a similarly accredited business school would be helpful (although outside of the USA there are quite a few prestigious business schools that are not AACSB or EQUIS accredited).

Some PhD and almost all DBA programs are part-time, offering students the option to keep working in parallel to their studies, but in that case, students have to pay tuition, which can add up to very substantial amounts over three to six years.

Finally, some programs are online rather than in person. In that category, a lot of DBA programs are either hybrid (each course has both an online and an in-person component) or mostly online with a small residency requirement (e.g., one weekend every semester). While it is not impossible to get a full-time academic position at a four-year college with a doctorate from a non-AACSB accredited business school, it is significantly harder, at least in North America. So, it is important to note that so far only one AACSB-accredited business school offers a fully online PhD program—University of North Carolina at Greensboro.

Start with Your Online MBA

Many roads lead to a doctorate in business, and upon completion it paves the way to a variety of careers. Therefore, this must be a personal decision based on your professional aspirations and work/life constraints. It is highly advisable to get in touch with professionals who successfully leveraged their doctorate in their careers, such as consultants or academics, in order to better understand the risks, challenges, and rewards of pursuing a doctorate, and the latest trends in their field.

Before moving on for a doctorate, however, you will want to pursue your MBA. Create the career and the life you want with the Responsible Business Online MBA from California State University, Monterey Bay. Keep advancing your career work as you earn your MBA with our 100% online curriculum which focuses on the increasing role and importance of responsible business .

About the Author

Dr. Nicolas (Nick) Dahan is a Full Professor of International Business and Strategy, and Director of the MBA program at CSUMB, College of Business.

He has worked as a full-time faculty at a number of institutions, both in the USA (most recently prior to CSUMB at Temple University-Fox School of Business) and France. He also has extensive adjunct teaching experience with American institutions, including George Washington University, Tulane University, Baruch College-CUNY, as well as top French business schools (ESSEC, ESCP Europe, Sciences Po), and executive education.

His scholarly work has been published in journals such as Business & Society, International Business Review, Journal of Business Ethics, Journal of Business Research, Human Relations, Long Range Planning, and Strategic Organization.

He has worked at several French firms, and has acted occasionally as a consultant for multinational enterprises as well as trade associations in either public affairs or international entrepreneurship/marketing.

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Is it legally allowed to pursue an MBA while pursuing a PhD in Sweden?

The title says it all. To elaborate, In Sweden Ph.D. is being considered a formal job and students receive a monthly salary and pay taxes. Therefore, the question is specifically about whether applying and pursuing an MBA in parallel with pursuing Ph.D. is legally feasible or a special type of permission is required from the university?

Update 1: I'm aware that it's not recommended to pursue these two demanding degrees together. The question is whether in Sweden it's technically possible or not.

Update 2: It's a question related to Sweden, only!

• 2 One or the other is pretty intense, done right. How much do you like to sleep? –  Jon Custer Commented Aug 31, 2020 at 12:54
• 1 Sure, working on writing your thesis is a walk in the park, doesn't take much time at all... Well, aside from being the most stressful time in a PhD for many people. –  Jon Custer Commented Aug 31, 2020 at 16:26
• 1 @user2768: Potentially, yes. Both questions relate to a single country and it is not at all clear from the questions that the answers are the same. –  user111388 Commented Sep 1, 2020 at 8:13
• 1 Neither myself nor @JonCuster are arguing, we're merely speaking from experience. Perhaps you have an explanation, but 1.5 years is about forty percent of the time allowed for a PhD in Sweden. Realistically, it's far higher in terms of workload, since earlier years aren't as efficient. –  user2768 Commented Sep 1, 2020 at 9:15
• 2 @user2768 I guess the question is crystal clear. Especially with the last 2 updates. I also asked for answers specifically for Sweden! Regarding contracts, In Sweden, one can overrun almost indefinitely, without getting a salary from the university. It's possible to underrun as well (like myself), but almost nobody does that, simply because we're getting salaries and our visas/citizenships are based on that (unless we get a better position elsewhere and/or don't care about visa/citizenship). –  Michel Gokan Khan Commented Sep 1, 2020 at 10:55

It's surely unlikely that an institute will forbid the simultaneous pursuit of two degrees. However, an MBA and a PhD are both demanding. Pursuing them simultaneously is seemingly a route to failure, unless they are each tackled on a part-time basis.

• @linker Maybe edit your question to clarify your situation. My answer is country-independent: There's surely no reason for any university to forbid the pursuit of two degrees. Regardless, surely no country does universally, so it only makes sense to consider a single institute, making such a question off topic. Since you have a "no sideline" clause in the contract with your university, you cannot be employed elsewhere. That doesn't mean you can't study an MBA elsewhere (since that's not employment, at least, I know of no business school that'll pay you to study). –  user2768 Commented Aug 31, 2020 at 17:24
• It's still not clear to me (seeing such rules from across the Atlantic) where a "full-time employment" (for a PhD) also precludes "a full-time degree program". So far as I can tell, the literal legality of this is not clear. (Apart from the issue of the wisdom of it...) –  paul garrett Commented Jul 25, 2021 at 23:00

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Working together, we can reimagine medicine to improve and extend people’s lives.

Principal Scientist with PhenoCycler Fusion experience (PhD)

About the role.

Internal Job Title: Principal Scientist I/II

Position Location: Cambridge, MA, onsite

About the Role:

We are seeking a highly motivated individual passionate about cutting-edge technology to explore single cell multiplex spatial proteomics. This role involves working with the latest generation PhenoCycler Fusion instrument and collaborating with translational immunologists, cancer biologists, and other researchers to advance our understanding of cellular processes in complex tissues and their application to drug development. This role offers exciting opportunities for career development, enhancing leadership skills and influencing collaborative efforts within various disease areas.

Key Responsibilities:

• Operate, maintain, and utilize the PhenoCycler Fusion (formerly CODEX).
• Build and optimize antibody panels.
• Conjugate and perform quality control of reagents.
• Consult with users on potential projects, including sample accessibility and experimental design.
• Optimize procedures, design panels, and provide data analysis consultation.
• Conduct multiplex imaging experiments.
• Perform basic data quality evaluation.
• Analyze data using licensed software.
• Maintain records of procedures and resultant data, both manually and on the computer.

Knowledge, Skills, and Abilities:

• Serve as a leader in spatial proteomic single cell biology and translational research applications, focusing on new targets, biomarkers/patient population selection, and treatment strategies.
• Focus efforts in priority application areas in Biomedical Research (BR) at Novartis to deliver impactful results through matrix collaboration with DA teams.
• Building on success from initial focused efforts, develop broader application strategies at BR in translational and reverse translation research, with support from leaders in Discovery Science, Disease Areas and Biomedical Research.
• Strong interpersonal and communication skills for close collaboration with team members.
• Ability to work effectively in a fast-paced, diverse environment.
• Good judgment, technical problem-solving, and analytical skills.
• Flexibility and adaptability as technology evolves.
• Prior experience in imaging techniques and applications in biological research.
• General lab skills and knowledge of lab safety and infection control.

Qualifications:

• Ph.D. in immunology, biological sciences, biochemistry, or a related field, and 2+ years of related postgraduate work experience
• Other technical and academic degrees will be considered with relevant research experience.
• 3+ years of demonstrated skill and experience using CODEX/PhenoCycler.
• Possess deep knowledge and expertise in immunology, biology, and multi-omics applications in translational research across various disease areas such as oncology (ONC), immuno-oncology (IO), immunity-driven diseases, and related treatment strategies.
• Understanding sample preparation, instrument optimization, and data analysis.
• Interest in bioinformatics and experience with software.
• Ability to identify and troubleshoot critical issues.
• Detail-orientated

Why Novartis: Our purpose is to reimagine medicine to improve and extend people’s lives and our vision is to become the most valued and trusted medicines company in the world. How can we achieve this? With our people. It is our associates that drive us each day to reach our ambitions. Be a part of this mission and join us! Learn more here: https://www.novartis.com/about/strategy/people-and-culture

You’ll receive: You can find everything you need to know about our benefits and rewards in the Novartis Life Handbook: https://www.novartis.com/careers/benefits-rewards

Commitment to Diversity and Inclusion / EEO: The Novartis Group of Companies are Equal Opportunity Employers and take pride in maintaining a diverse environment. We do not discriminate in recruitment, hiring, training, promotion or other employment practices for reasons of race, color, religion, gender, national origin, age, sexual orientation, gender identity or expression, marital or veteran status, disability, or any other legally protected status. We are committed to building diverse teams, representative of the patients and communities we serve, and we strive to create an inclusive workplace that cultivates bold innovation through collaboration and empowers our people to unleash their full potential.

Novartis Compensation and Benefit Summary: The pay range for this position at commencement of employment is expected to be between $112,800 to $186,000/year; however, while salary ranges are effective from 1/1/24 through 12/31/24, fluctuations in the job market may necessitate adjustments to pay ranges during this period. Further, final pay determinations will depend on various factors, including, but not limited to geographical location, experience level, knowledge, skills, and abilities. The total compensation package for this position may also include other elements, including a sign-on bonus, restricted stock units, and discretionary awards in addition to a full range of medical, financial, and/or other benefits (including 401(k) eligibility and various paid time off benefits, such as vacation, sick time, and parental leave), dependent on the position offered. Details of participation in these benefit plans will be provided if an employee receives an offer of employment. If hired, employee will be in an “at-will position” and the Company reserves the right to modify base salary (as well as any other discretionary payment or compensation program) at any time, including for reasons related to individual performance, Company or individual department/team performance, and market factors.

Join our Novartis Network: If this role is not suitable to your experience or career goals but you wish to stay connected to hear more about Novartis and our career opportunities, join the Novartis Network here: https://talentnetwork.novartis.com/network

Commitment to Diversity and Inclusion: Novartis is committed to building an outstanding, inclusive work environment and diverse teams' representative of the patients and communities we serve.

Why Novartis: Helping people with disease and their families takes more than innovative science. It takes a community of smart, passionate people like you. Collaborating, supporting and inspiring each other. Combining to achieve breakthroughs that change patients’ lives. Ready to create a brighter future together? https://www.novartis.com/about/strategy/people-and-culture

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EEO Statement:

The Novartis Group of Companies are Equal Opportunity Employers who are focused on building and advancing a culture of inclusion that values and celebrates individual differences, uniqueness, backgrounds and perspectives. We do not discriminate in recruitment, hiring, training, promotion or other employment practices for reasons of race, color, religion, sex, national origin, age, sexual orientation, gender identity or expression, marital or veteran status, disability, or any other legally protected status. We are committed to fostering a diverse and inclusive workplace that reflects the world around us and connects us to the patients, customers and communities we serve.

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The Novartis Group of Companies are committed to working with and providing reasonable accommodation to individuals with disabilities. If, because of a medical condition or disability, you need a reasonable accommodation for any part of the application process, or to perform the essential functions of a position, please send an e-mail to [email protected] or call +1(877)395-2339 and let us know the nature of your request and your contact information. Please include the job requisition number in your message.