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Best Ph.D. in Business Ad­min­is­tra­tion Top Consensus Ranked Ph.D. in Business Ad­min­is­tra­tion Programs

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Created on November 23, 2023 Updated: January 15, 2024

This Best Ph.D. in Business Administration ranking lists the most prestigious and highest academic degrees from around the country focused on business and management research. A Doctor of Philosophy, Ph.D., in Business Administration is a postgraduate degree offered by business schools and business faculties at colleges and universities across the nation. Professionals who complete a Ph.D. can enjoy an array of significantly superior career prospects. Graduate students and professionals interested in leadership research, administration, academia, consulting, and entrepreneurship will find that a Ph.D. in Business Administration is the exciting finish line.

Ph.D. in Business Administration

Many universities around the nation offer Ph.D. programs. It is common for doctoral students to specialize in Business Administration, Social Sciences, Engineering, Natural Sciences, Medicine, Sustainability, Humanities, and the Arts. Like in all other areas of concentration, Ph.D. in Business Administration holders are considered to be experts in their field. If you are interested in this type of doctoral degree, this ranking contains some of the best you will find in the nation.

Methodology

This is a consensus ranking of the best Ph.D. programs in business administration. What makes this ranking a great tool for prospective students is that we use data from five prestigious ranking systems. This means that students get a broad view of the best programs available, separate from any one particular organization’s priorities. These are not the best according to one person. They are the best according to everyone.

This list shows the most prestigious programs across the board. Ranking scores were weighted equally, averaged, and converted to a score on a 100-point scale to reveal the degree’s Consensus Score.

Data for our ranking order was collected from:

• The Financial Times ,
• Fortune , 
• Bloomberg Businessweek , 
• U.S. News and World Report ,  and

There was a significant change in the ranking order from the 2020 ranking. We used our consensus methodology from our MBA program rankings, giving us a comprehensive view of business schools with the best brands. This methodology change only kept five business schools from our previous ranking. But you will see that this ranking lists the most prestigious Ph.D. programs from around the country.

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Stanford University Graduate School of Business

One of the nation’s best Ph.D. in business administration programs is offered at the Graduate School of Business at Stanford University. Enrolled students discover a focus and intensity more significant than they have thought possible. Stanford Graduate School of Business Ph.D. students are inspired and challenged to explore complex questions and novel ideas.

Stanford’s Ph.D. program develops outstanding scholars for careers in teaching and research at leading academic institutions worldwide. Doctoral students embark on a meaningful and challenging experience. Students focus their academic study in one of seven fields within the Ph.D. program. Solid Ph.D. candidates are full of curiosity and ideas, with an aptitude and passion for research. Candidates preparing to embark on a rigorous career in research and develop their full potential are invited to explore the possibilities of a Ph.D. in business administration. Accepted applicants receive full fellowships for their doctoral studies. There is a lot to love about this Ph.D. in business administration.

Admissions Email: [email protected] Admissions Phone: 650-723-2831

AACSB Accredited:  YES

Ph.D. Website

Harvard University Harvard Business School

Harvard University delivers an excellent Ph.D. in Business Administration through the Harvard Business School. The doctoral program in Accounting and Management falls under the Ph.D. in Business Administration. It focuses on the role of information systems in allocating resources among organizations and between individual departments. This degree also deals with monitoring and rewarding managers’ performance, formulating and executing strategy by managers, and understanding the profitability of business units, suppliers, products, customers, and distribution channels.

Prospective candidates apply to the Ph.D. in Business Administration and select Accounting as their field of study. Ph.D. students work closely with professors in the Accounting and Management Unit. Research there encompasses Management Accounting and Financial Reporting and Analysis. Harvard’s programs are full-time degrees which officially begin each August. Students are expected to complete their doctoral program in five years. The first two years are for coursework, at the end of which postgraduate students take a field exam. The final three years are spent on dissertation research and writing.

Admissions Email: [email protected] Admissions Phone:  617-495-6101

University of Chicago Booth School of Business

The Booth School of Business at the University of Chicago provides a Ph.D. in business administration. The Stevens Doctoral Program at Chicago Booth is the elite destination for intellectually curious and analytical individuals wanting to earn a doctorate in business from one of the world’s best business Ph.D. programs. Chicago Booth Ph.D. students explore and cultivate their research interests from day one—wherever they lead them. In partnership with a distinguished faculty, doctoral students develop their ability to conduct groundbreaking research.

Program finishers graduate with a business Ph.D. and the tools to succeed academically and professionally. The Stevens Program is competitive and highly rewarding. Approximately 20–25 Ph.D. students enroll each fall from an applicant pool of over 1,000. Graduates are highly sought after at the world’s top institutions of higher learning, at leading global businesses, and in government. This full-time program takes five years to complete. This Ph.D. in business administration is worth a second look.

Admissions Email:  [email protected] Admissions Phone: 773-702-3760

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Northwestern university kellogg school of management.

A Ph.D. in business administration program is available at Northwestern University’s Kellogg School of Management. Program designers understand undergraduate students are introduced to a field and become aware of its unexpected complexities and nuances. They believe students acquire an intellectual framework that allows them to embrace and accommodate complexities as they strive to make sense of the world at the doctoral level. As business leaders progress, their novel insights help others make sense of the world. This Ph.D. in business administration allows leaders to contribute to knowledge. Northwestern’s doctorate is rigorous, immersive, and rewarding.

Enrolled students in the Kellogg Ph.D. program master an academic discipline—data science, economics, psychology, sociology, or operations research. They apply that mastery to real-world issues facing policymakers and managers. This discipline-based approach prepares Ph.D. students to challenge conventional wisdom with fresh ideas, models, and empirical findings. These business leaders foster an enduring impact on organizations and communities.

Admissions Email:  [email protected] Admissions Phone:  847-491-5279

Columbia University Columbia Business School

Columbia University’s Business School features a Ph.D. in business administration program. Management Doctoral students learn to apply basic social science knowledge and research methods to organizations, their members, and their environments. The program prepares doctoral students for careers in scholarly research. Graduates take jobs primarily in academic and research institutions worldwide. The Management Division at Columbia Business School trains scholars to become academics at the world’s most prestigious institutions. The business school’s placement success is due to the close working relationship students develop with the instructors in the division.

The school keeps the Ph.D. program small so students can find faculty collaborators and thrive. Columbia Business School’s doctoral community includes 125 students across six programs. The program attracts learners from across the globe looking to develop research skills under the tutelage of industry experts. Students come to Columbia for the exceptional training. They value the creativity, entrepreneurship, diversity, and social tolerance that NYC features. Ph.D. students enrolled in this excellent business administration degree love it.

Admissions Email:  212-854-6729 Admissions Phone:  [email protected]

Massachusetts Institute of Technology Sloan School of Management

Massachusetts Institute of Technology’s Sloan School of Management features a Ph.D. in business administration. The hallmark of the MIT Sloan Ph.D. Program is rigorous, discipline-based research. The doctorate program is committed to educating scholars who will lead in their research fields. Doctoral students with outstanding intellectual skills who conduct productive research on organizational, financial, and technological issues thrive in this program.

Program designers understand today’s economic environment is characterized by an increasingly challenging and competitive business world. Ph.D. studies at MIT Sloan are intent on business leadership. This Ph.D. in business demands a great deal of time, initiative, and discipline from all candidates. The rewards of such hard work are tremendous. MIT Sloan Ph.D. graduates teach and conduct research at the world’s best universities. This Ph.D. program’s curriculum is organized under three academic areas. Students gain exposure to Management Science, Behavior and Policy Sciences, and Economics, Finance & Accounting.

Admissions Email:  [email protected] Admissions Phone:  617-253-3400

Yale University School of Management

Yale University’s Yale School of Management offers a Ph.D. in business administration. This Doctoral Program is a selective course of study for advanced students planning to pursue scholarly careers in management. It matches scholars with some of the most renowned instructors in their fields. Only a select handful of students are admitted each year. This small on-campus program encourages close interaction between Ph.D. candidates and staff. Students and faculty members collaborate on scholarly papers and research projects.

This Ph.D. in business administration program takes three to five years for a candidate to complete. Most students satisfy all program requirements in four to five years. The initial study focuses on the core underlying disciplines. This content is followed by a course developed in consultation with senior instructors and the Director of Graduate Studies. The curriculum includes coursework at Yale SOM with research and preparation for the qualifying exam in a student’s specialization. Yale School of Management is tightly integrated with Yale University. Ph.D. students study across the university, providing essential skills and different perspectives. This Ph.D. is one of the nation’s best.

Admissions Email:  [email protected] Admissions Phone:  203-432-2771

University of California, Berkeley Haas School of Business

The University of California, Berkeley delivers one of the country’s best Ph.D. in Business Administration programs at the Haas School of Business. This Ph.D. program offers six fields of academic study for a curriculum of unique richness and depth. Since the program enrolls less than 20 new Ph.D. students each year, doctoral students get the opportunity to work very closely with instructors and experts in their chosen specialties. The close partnership, coupled with the diverse cultural and academic backgrounds of Haas’ Ph.D. students, fosters an environment of intellectual curiosity and close collaboration.

Berkeley’s Haas Ph.D. is strongly oriented toward research and discipline. Emphasis is placed on preparing doctoral students to evaluate the state of knowledge in their particular fields and advance them by applying theory from statistics, the social sciences, and mathematics. After applying to the program, business school candidates must choose a field of study, which will determine coursework and focus on future employment opportunities. Students may choose from the areas of Accounting, Business and Public Policy, Finance, Marketing, Management of Organizations, and Real Estate.

Admissions Email:  [email protected] Admissions Phone: 510-642-7405

Cornell University SC Johnson College of Business

Cornell University’s SC Johnson College of Business offers a top Ph.D. A Ph.D. in Management is where advanced education and business research intersect. Doctoral students enrolled in the program become industry thought leaders while preparing tomorrow’s business leaders. Cornell’s fully funded Ph.D. in Management is perfect for ambitious students and professionals wanting careers in university teaching and research.

This is a residential program. It is based at Ithaca, New York’s Samuel Curtis Johnson Graduate School of Management. This doctorate combines Ivy League rigor and real-world relevance to prepare students for successful academic careers. There is a solid focus on management science and applied research. The doctoral degree is perfect for anyone looking to teach at the university level and contribute to the body of industry knowledge. Pursuing a Ph.D. in Management is an ideal next step for senior managers and executives wanting to transition to academia or enhance research skills for successful consulting careers.

Admissions Email:  [email protected] Admissions Phone: 607-255-5820

University of Virginia Darden School of Business

The Darden School of Business at the University of Virginia features a Ph.D. in business management. It offers an intellectually demanding advanced program for a select group of high-potential applicants. This degree is distinguished by its top-ranked instructors and world-class research centers. The doctoral program trains students as academic researchers capable of contributing to cutting-edge research in business and management. Program leaders give students the skills and knowledge they need to succeed as professors.

The Ph.D. program features a deliberately small size. Darden’s open-door research ecosystem fosters high emotional and intellectual engagement with the world’s leading business leaders and thinkers. There are many unmatched benefits to this program. Doctoral students focus on ethics, scientific freedom, and friendly and productive relationships with instructors. The business school offers an individual approach to Ph.D. students with unconditional support and a diverse student cohort. Darden faculty are always willing to collaborate on research projects with Ph.D. students.

Admissions Email:  [email protected] Admissions Phone:  434-924-3900

University of Michigan Stephen M. Ross School of Business

The Stephen M. Ross School of Business at the University of Michigan offers a Ph.D. in business administration. This advanced degree prepares students for scholarly positions at top global universities. Enrolled students generate impactful research as they seek new solutions to business’s most complex issues. You can immerse yourself in one of seven doctoral areas of study based on academic career goals and research interests. All Ross Ph.D. graduates were offered positions over the past few years. Most program graduates received tenure-track assistant professor positions.

Over the five-year Ph.D. in business administration, doctoral students acquire the advanced knowledge and research skills needed to achieve academic and professional success. As admitted postgraduate students, learners receive five years of merit-based financial aid. This support includes a full tuition waiver, health insurance for themselves and their dependents, and stipend packages. This advanced degree has a lot to offer.

Admissions Email:  [email protected] Admissions Phone:  734-764-8129

Duke University Fuqua School of Business

The Fuqua School of Business at Duke University offers a Ph.D. in Business Administration. This program prepares candidates for teaching and research careers at leading educational institutions and expert careers where advanced analytical and research capabilities are needed. At Fuqua, doctoral students develop close working relationships with leading scholars in their fields in a collaborative and stimulating learning environment. Business school leaders encourage strong collaborations between faculty and students, both within their academic area and across various disciplines, to better foster the groundbreaking interdisciplinary research Duke University is known for.

The Ph.D. program focuses on three critical development areas to prepare doctoral students for their careers: independent inquiry, competence in research methodology, and communication of research results. From the start, postgraduate students will be introduced to rigorous coursework and Fuqua faculty’s research activities. In this Ph.D. degree program, students work with our world-renowned instructors who are recognized for excellence in teaching and research.

Admissions Email:  [email protected] Admissions Phone:  919-660-7862

New York University Leonard N. Stern School of Business

The Leonard N. Stern School of Business at New York University offers a Ph.D. in business administration. Many business schools can boast of adequate Ph.D. programs. However, many lack the collaborative culture that the Stern School cultivates. The business school develops individual student-to-faculty and student-to-student relationships. NYU Stern nurtures students’ innate curiosities. Program directors teach doctorates to use the research tools required to solve issues they address. By the end of this program, post-graduate students have become faculty colleagues. Program graduates are transformed into trained scholars capable of doing research at the same level as professors.

NYU Stern doctoral students enter a highly motivated community of scholars. These students thrive in an atmosphere of creative collaboration and intellectual rigor. The Ph.D. student body consists of over one hundred full-time students across all departments and stages in the program. The business school employs over 200 full-time research faculty. The Stern Ph.D. program is one you will want to take advantage of.

Admissions Email:  [email protected] Admissions Phone:  212-998-4500

University of California, Los Angeles Anderson School of Management

The University of California, Los Angeles Anderson School of Management offers a Ph.D. in business management. Enrolled students live in a city of innovation. They study within the university’s top-notch research facilities. Program designers have built a program where students cultivate deep and lasting relationships. The best researchers and educators of this generation present a solid curriculum. Post-graduate students gain the skills to solve complex management issues.

UCLA Anderson gives Ph.D.s the support they need to embark on a groundbreaking research career. This program changes how people see business in the future. Instructors help students advance their understanding of business through rigorous research. Where else can you have the chance to train with world-renowned scholars alongside the next generation of researchers? Ph.D. students have UCLA’s resources and attributes as a world-class research institution available to them. If you are ready to work alongside UCLA Anderson’s highly celebrated instructors, this is the Ph.D. for you.

Admissions Email:  [email protected] Admissions Phone:  310-206-3411

University of Southern California Marshall School of Business

The University of Southern California’s Marshall School of Business has a Ph.D. in business administration. This is one of the premier business programs in the world. It boasts a diverse and outstanding group of instructors and a student-centered culture. The business school has achieved stellar success in placing graduates in faculty jobs at the nation’s top business schools and abroad. Marshall instructors are top-tier professionals with a passion for research and academia.

Marshall Faculty ranks highly in the world of publication output in the best business journals. Many instructors are thought leaders in their profession. Their experience conducting innovative and influential research is a benefit to Ph.D. students. During recent years, Marshall has engaged in a successful and aggressive strategy to recruit top researchers in business. Enrolled students explore their research interests and take advantage of the programs, classes, and centers offered within and outside of Marshall. This Ph.D. in business administration is ripe with opportunity.

Admissions Email:  [email protected] Admissions Phone:  213-740–1111

Emory University Goizueta Business School

The Goizueta Business School at Emory University features a Ph.D. in business administration. Leaders at Goizueta believe that hands-on discussion, research, and collaboration between faculty and students create the solid faculty of tomorrow’s top business schools. Students come from everywhere to attend the highly competitive program. Ph.D. candidates push business thinking and theory forward to make their impact on the business world. Goizueta seeks applicants with superior intelligence and a healthy work ethic.

Emory’s business school is among the best business programs in the country, with programs ranked in the top 20 nationally. Doctoral program graduates fill faculty positions at elite business schools. Goizueta leaders have access to the resources of Emory University, a major world-class research school. Business school leaders believe that hands-on research, collaboration, and discussion between students and faculty create tomorrow’s best business school leaders. Many international students attend this highly competitive program. Ph.D. students looking for one of the best programs in the world will find it at Emory University.

Admissions Email:  [email protected] Admissions Phone:  404-727-6036

Carnegie Mellon University Tepper School of Business

The Tepper School of Business at Carnegie Mellon University offers a Ph.D. in business administration. Doctoral graduates and instructors at the Tepper School share an impressive legacy of groundbreaking research and global recognition. The staff includes nine Nobel laureates. This Ph.D. is a small, serious-minded program. Post-graduate students benefit from close working academic and social relationships with students, faculty, and advisors.

There are eight focused fields of study within this doctoral program. The business school also offers joint Ph.D. degrees with world-class schools and colleges across the university campus. This well-designed Ph.D. trains tomorrow’s business thinkers and leaders. Enrolled students learn to anticipate and address future business needs. They learn to think boldly, challenge preconceived notions, and do the needed work. Tepper’s doctoral program hosts next-generation researchers. Program graduates transform society’s collective intelligence into The Intelligent Future of Business.

Admissions Email: [email protected] Admissions Phone:  412-268-1319

University of North Carolina at Chapel Hill Kenan-Flagler Business School

The Kenan-Flagler Business School at the University of North Carolina at Chapel Hill features a Ph.D. in business administration. This rigorous, five-year program excels at training scholars to produce high-quality research as instructors at top universities. The Ph.D. program is intentionally small-sized. Program designers’ essential focus is close student-to-faculty collaboration and mentoring. Enrolled students reward their initiative and tenacity with a top-ranked doctoral program that prepares them for a rewarding and successful academic career.

If you are looking for options, you can develop into a research expert in one of six areas of study. Each specialization positions Ph.D. students with career options they may never have thought possible. Enrolled students benefit from the business school’s international reputation as one of the world’s best academic centers of innovative tax and accounting research. The idea of conducting high-impact research that advances our understanding of business may excite you.

Admissions Email:  [email protected] Admissions Phone:  919-962-7772

University of Washington Michael G. Foster School of Business

The University of Washington has a Ph.D. in business management at the Michael G. Foster School of Business. This elite Ph.D. Program in Business Administration is a research-based degree. Program architects train scholars to be knowledgeable about developments on the frontiers of their discipline. The curriculum encourages students to contribute to advancing knowledge needed in business education and practice. Well-equipped business leaders can skillfully convey information to students and practitioners.

Washington created the program for students interested in academic careers. The training is also helpful for students seeking research positions in government, business, and consulting firms. The Ph.D. program in Business Administration at the University of Washington is perfect for those wishing to pursue academic careers. The program provides postgraduates with the tools to conduct top-quality research in their areas of expertise. The program’s first two years are coursework-based. Foster’s Ph.D. in Business Administration is an elite program.

Admissions Email:  [email protected] Admissions Phone:  206-685-2630

University of Texas at Austin McCombs School of Business

The McCombs School of Business at the University of Texas at Austin offers a Ph.D. in business administration. Program leaders understand that the path ahead is long and challenging for many professionals, with twists and a detour or two. Postgraduate students who are ready to dedicate their time and energy to pursuing this academic degree will appreciate this program. A Ph.D.’s four to six years are exciting, exhausting, and demanding. When students see the next step of their academic career come into view – it is immensely gratifying.

Texas McCombs is one of the nation’s most distinguished business schools at a world-renowned public research university. The business school features five acclaimed Ph.D. programs and over two dozen specializations that support interests and goals. Program leaders are uncompromisingly committed to a PhD’s academic career. This business administration’s renowned faculty, impeccable resources, and exceptional mentoring combine to produce sought-after graduates. This Ph.D. will set you up for a career’s worth of success.

Admissions Email:  [email protected] Admissions Phone:  512-475-7391

Rice University Jesse H. Jones Graduate School of Business

Rice University’s Jesse H. Jones Graduate School of Business delivers a Ph.D. in business administration. This Ph.D. program is for those who aspire to be elite business school professors. Rice’s doctoral program in business is perfect for those aspiring to become faculty members at prestigious business schools and research universities. Students engage in coursework and research as part of their training. As graduation approaches, Ph.D. students interview for professor positions, hoping to start careers as assistant instructors at business schools worldwide.

Assistant professor careers include conducting research that gets published in well-respected, peer-reviewed academic journals. Professors impart management wisdom informed by research in the classroom. This well-rounded Ph.D. would be an asset to anyone’s resume. The program’s strategic management content reinforces coursework in the base theories of strategic management. The field of management studies big-picture issues managers deal with, like deciding what industries to enter.

Admissions Email:  [email protected] Admissions Phone:  713-348-4002

University of Pennsylvania The Wharton School

The University of Pennsylvania’s Wharton School features a Ph.D. in business administration. Enrolled students experience innovation, leadership, and collaboration in business education. There are many reasons to pursue this PhD. The curriculum gives students access to world-renowned instructors whose expertise spans business knowledge and disciplines. Wharton faculty encourages doctoral students to explore ideas and cross disciplinary boundaries. Ph.D. students share their research interests and their pursuit to create understanding.

Completing a doctorate at Wharton requires five years of full-time study. It consists of two years of classes followed by research. The first few years in the program are for taking courses and exams and starting research projects to prepare students for admission to candidacy. The program in each discipline has individual requirements. Students wrapping up their degrees conduct research full-time. They write and defend their doctoral dissertation. This Ph.D. is rigorous, but students emerge as leaders in their field.

Admissions Email:  [email protected] Admissions Phone:  215-898-4877

Georgia Institute of Technology Scheller College of Business

You can join one of the nation’s top-ranked Ph.D. programs at the Scheller College of Business at Georgia Tech. Enrolled students gain the confidence they need to create groundbreaking work. Ph.D.s conduct research, educate others, and direct the business world forward within this full-time, five-year program. Georgia Tech’s Scheller Ph.D. program gives postgraduates the tools to think and work independently. These students conduct groundbreaking research while finding innovative solutions to business issues.

From business administration to organizational behavior, doctoral students choose from seven concentrations to match their interests and goals. You can demonstrate your abilities to conduct high-quality work by hitting milestones throughout the completion of the degree. Successful completion of a Ph.D. program demonstrates high-quality, independent academic work. Ph.D. program milestones guide students in their training to determine the continuity of the program. Georgia Tech trains tomorrow’s business leaders.

Admissions Email:  [email protected] Admissions Phone:  404-894-1610

Washington University in St. Louis Olin Business School

Washington University in St. Louis delivers an excellent Ph.D. in Business Administration at the Olin Business School. The University’s business school is one of the nation’s leading research universities, with a faculty whose research work consistently ranks among the highest in the business school realm. Olin faculty members are recognized worldwide for their essential contributions to the discovery of new knowledge. The business school also takes great pride in its commitment to excellence in teaching.

Olin’s Ph.D. in Business students are guided by highly prolific researchers who are among the U.S.’s top scholars. Instructors work closely with doctoral students to develop their research skills, often nurturing one-on-one mentoring relationships that may include co-authoring research papers and projects. The development of strong problem-solving abilities equips Washington University in St. Louis students to strategically address complex business problems. This results in new ideas and innovative thinking for research that adds value to the academic community and business world.

Admissions Email:  [email protected] Admissions Phone:  314-935-7301

University of Rochester Simon Business School

One of the nation’s best Ph.D. in business administration programs is featured at the Simon Business School at the University of Rochester. The Simon Business School has a solid track record of mentoring Ph.D. students to become leaders in their fields. These highly sought-after graduates are known for their robust analytical skills and research performance. Ph.D. students at the business school form a strong foundation in statistics and economics to deepen their understanding of state-of-the-art tools and concepts and tools.

Doctoral students in business administration collaborate with the world-renowned faculty to explore the process of modern business and economic research. This work fuels their successful independent research. Students take Operations Management, Accounting, Finance, Information Systems, and Marketing coursework. Students can customize their degrees depending on their skills and goals. Program leaders are known for excellence in innovation, research, and instruction. Instructors guide Ph.D. students to master mathematics, statistics, economics, and data science. If you are ready to dive into business administration, this program might be for you.

Admissions Email:  [email protected] Admissions Phone:  585-275-2959

University of Notre Dame Mendoza College of Business

The Mendoza College of Business at the University of Notre Dame provides a top Ph.D. in business administration. Everyone knows a Notre Dame education includes unparalleled opportunities to refine your business skills and acumen and put them into practice, solving real-world business issues. This Notre Dame graduate business degree is grounded in analytics. Ph.D. students understand how to use the data to make better business decisions. Instructors guide learners in amplifying their strengths and emerging with the skills needed to accelerate business careers. Doctoral students learn to make ethical decisions and impact their world for the better.

Notre Dame believes that building careers in business means understanding how organizations and industries can serve the greater good. Ph.D. students are given the keys to act with the moral courage to make it happen. The business school’s approach to building business knowledge is unique among elite graduate business schools. The process begins with a curriculum based on ethical decision-making and the core values.

Admissions Email:  [email protected] Admissions Phone:  574-631-7706

Indiana University Kelley School of Business

A Ph.D. in business administration program is at Indiana University’s Kelley School of Business. Enrolled students become experts in their fields. PhDs can design, conduct, and defend their research. Areas of study within the business administration program include:

• Accounting,
• Business economics and public policy,
• Entrepreneurship,
• Information systems,
• Operations management, and
• Strategic management.

Program leaders know that planning and preparing for a meaningful academic career requires time and support from professionals who understand what it takes. Kelley School of Business faculty inspires Ph.D. students to turn thought-provoking scientific research into knowledge that drives business practice and develops the academic discipline. Doctoral students work with faculty and peers after entering the program. These professionals learn to communicate complex ideas as instructors. All PhDs work to become experts in their field as they design, conduct, and defend their research. This doctoral in business administration degree has it all.

Admissions Email:  [email protected] Admissions Phone:  812-855-8853

University of Texas at Dallas Naveen Jindal School of Management

The University of Texas at Dallas Naveen Jindal School of Management features a top Ph.D. program. The business school grants a Ph.D. in Management Science degree. Doctoral students use economics, statistics, behavioral science, and mathematics to conduct rigorous scientific research. The terminal program encompasses theory and empirical analysis. It is characterized by a high ratio of research instructors to students. The program’s environment fosters close working relationships that produce excellent results.

The Management Science Ph.D. degree program allows students to choose a study concentration. Doctoral students dive deep into Marketing, Accounting, Finance, Information Systems, or Operations Management. The program’s core and elective courses give students an understanding of management principles. Coursework includes a study of business theory and practice. Ph.D. seminars expose students to traditional and emerging research issues. Early in their graduate work, learners are encouraged to join faculty research projects with experienced professors. This Ph.D. in business administration at UT Dallas is worth its weight in gold.

Admissions Email:  [email protected] Admissions Phone:  972-883-2270

University of Maryland, College Park Robert H. Smith School of Business

The University of Maryland, College Park’s Robert H. Smith School of Business features a Ph.D. in business administration. Today’s international economy is driven by accelerating change. The business world needs cutting-edge scholarship that challenges the marketplace and gives thinkers, practitioners, and policymakers evidence-based tools and strategies. This Ph.D. in business administration transforms our models for leading, managing, innovating, and succeeding. The Smith School of Business Ph.D. is a collaborative, research-oriented community of academics. Enrolled students enjoy its breadth of business knowledge.

Program leaders help students launch their careers as academic leaders. The curriculum inspires contributions to discovering and distributing scientific knowledge through research and teaching careers at top universities worldwide. All Ph.D. students benefit from the diverse, world-class experience. They collaborate with faculty on groundbreaking, relevant research long after graduation. Students typically complete the full-time program in five years. Learners spend two years on coursework and three years on a dissertation. This Ph.D. in business administration will set you up for future success.

Admissions Email:  [email protected] Admissions Phone:  301-405-3644

Texas A&M University Mays Business School

The Mays Business School at Texas A&M University offers one of the nation’s best Ph.D. in Business Administration programs. Admission to this Ph.D. program is open to all qualified individuals who hold an undergraduate or a graduate degree. The review process includes assessing factors including an accredited academic degree and a GMAT or GRE score, and more. Business school candidates can elect to center their studies in a specific area. Organizational Behavior/Human Resource Management. This specialization focuses on the analysis of human behavior within complex social systems and organizations. Strategic Management deals with the roles and issues of top management groups and strategy formulation and implementation.

This Ph.D. at the Mays Business School has a five-year limit for completion, with 64 semester hours required after a master’s degree and 96 hours required beyond an undergraduate program. Doctoral students and their advisory committees may schedule coursework beyond these minimums. Texas A&M University’s Ph.D. in Business Administration’s management curriculum contains five different research focuses: Accounting, Operations and Supply Chain Management, Marketing, Finance, and Management.

Are you interested in becoming a business professor or pursuing a Ph.D. in Business Administration? There are several reasons why this is an excellent idea, including job security, intellectual stimulation, a lucrative income , flexible work conditions, and more. Given the current shortage of individuals holding a doctoral degree in business administration and the increasing demand for their services, now is an excellent time to consider pursuing a Ph.D. in Business Administration.

What is the Current Demand for Professionals with a Ph.D. in Business Administration?

In today’s business, the number of new doctorates is less than the average of positions available. This tendency is due to three current realities:

• Many senior faculty members are retiring or will soon retire,
• There is an increase in the number of graduate students seeking business degrees (a trend likely to continue), and finally,
• There remains an insufficient number of doctoral students enrolling in and completing doctoral business programs.

According to a survey conducted by AACSB International , demand for Ph.D.s in business schools rose slightly in 2006 while the overall vacancy rate rose to 6.8 percent. At the same time, the estimated growth in business faculty positions for 2007 was 4.7 percent. Overall, the shortage of business faculty staff members is predicted to reach 2,400 in the coming years.

The staff shortage has resulted in more attractive salaries for faculty at business schools. Combined with additional payment for activities such as summer teaching and research, consulting, sponsored papers, executive program teaching, textbook writing, and presentations, business administrators enjoy healthy incomes.

What Kind of Lifestyle Can a Ph.D. in Business Administration Expect?

Professionals with this type of degree can become economists, C-level executives, financial managers, and educators. Professionals working in traditional areas of executive business leadership will often experience more high-pressure roles within their organizations. University professors, however, enjoy many lifestyle and work privileges that are not typically found in other professions.

Significant intellectual and professional autonomy allows for an atypical degree of freedom in defining workflow and developing academic activity areas. Nine-month contracts in higher education allow professors the freedom to travel and experience alternative teaching, consulting, and research assignments. Tenured faculty in higher education have employment that provides unprecedented job security.

The opportunity to teach high capacity students, undertake research, and develop professional relations with colleagues across the nation and world is unrivaled in most other professions. Being a professor also means searching for knowledge that will make a mark on society and business practice. Through research and teaching, a Ph.D. in Business Administration can significantly affect the industry by influencing organizations to become more efficient, innovative, and profitable. They can also contribute by creating jobs and economic prosperity at the national level.

What Careers Can I Qualify for After Completing a PhD in Business Administration?

Ph.D. programs prepare students to conduct specialized scholarly research. Most Ph.D. in business administration graduates enter careers as university professors, senior researchers, or consultants in business or government. 

Business School Professor

A business professor teaches college students various subjects that help them manage or start a business. Business professors give their students the specific knowledge required to earn degrees offered by business programs at institutions of higher learning. Good business professors are naturally analytical, curious, outgoing, patient, and resourceful.

Business Analysts

Business analysts are also called business systems analysts, enterprise analysts, business architects, and functional analysts. These professionals use data to suggest ways that organizations can operate efficiently. They gather and analyze information to develop and investigate potential solutions and system improvements. Business analysts use data modeling techniques to help businesses improve their processes.

What are the Different Types of Doctoral Programs in Business Administration?

The two main degree designations offered by business programs are the Doctor of Philosophy (Ph.D.) and the Doctor of Business Administration (DBA) . In an earlier business education era, the DBA was regarded as providing broad exposure to business subjects geared towards practice. Simultaneously, the Ph.D. was thought to focus more on research in a given business realm. Over the years, the distinction between these two degrees has become blurred at many business schools.

Today, the Ph.D. is more widely available at business schools than the DBA, particularly in the United States. Most Ph.D. programs require full-time enrollment, while it is more common for DBA students to complete the degree on a part-time basis.

Will I need a Graduate Degree and Business Experience to Qualify for a Ph.D. in Business Administration?

While requirements vary among programs, many do not require that doctoral students have a graduate degree in business. There is no specific requirement to have business work experience either. However, students lacking a business background or degree will likely have to take foundational business courses.

What are the Application Requirements for a PhD in Business Administration?

Once you have completed your undergraduate degree or MBA, you point your academic career to a Ph.D. in business administration. But how do you get started? What are business schools looking for? And what can you be doing to prepare yourself for the application process?

Application Process

Step #1: Submit a Graduate Application found on your favorite B-school’s website. After perusing the program that excites you, it’s time to start the application process. Applications have never been easier to find and complete online. Business schools have different prerequisites, but all are looking for the same thing – a quality match between student and program. There might be an application fee, but  many doctoral programs waive the requirement .

Step #2: Request your  official transcripts  be mailed electronically to an email the B-school gives you. Admissions directors want to see who they are dealing with. Those transcripts will reveal your past academic performance, showing that you have made the grade while taking relevant courses to ensure your academic success. Transcripts also show if you need to brush up on any foundational courses that Ph.D. in business administration students have benefited by taking in the past. 

Step #3: Look for specific admission requirements and courses. Business schools provide general requirements and some specific needs based on the degree you are pursuing. Rest assured, your favorite program lets you view its admission requirements and courses from a current graduate catalog.

Application Requirements

To be admitted to a top Ph.D. program, applicants must first meet all requirements for graduate admission to the university and the other requirements listed. Ph.D. requirements typically include the following needs:

• You must earn a bachelor’s degree from a regionally accredited college or university. International students must have graduated from a recognized equivalent in a similar or related field.
• Undergrads must have a GPA of at least 3.0 in their last 60 semester credit hours.
• A minimum GMAT exam score is required unless placement scores are waived.
• Submit three recommendation letters from academic or professional sources.
• Complete a personal statement including goals, experiences, scholarly accomplishments, and reasons for pursuing the Ph.D. You may include possible research questions or topics of interest.
• A current resume or  curriculum vitae .

Admission decisions for Ph.D. programs are made by college-level admissions committees in consultation with the respective faculty in each area of concentration. Committee members make determinations concerning the probability of a student’s projected success. Ph.D. applicants need to provide materials that will help make those decisions.

Affordability of Top Ph.D. in Business Administration Programs

Most of the top programs in our ranking offer tuition waivers that cover all or most of the Ph.D. program. These Ph.D.s are full-time, residential programs with strict guidelines on no outside employment. Because of this, many schools additionally offer yearly stipends to offset their students’ living expenses while in the program.

If you are not enrolled in a program with a tuition waiver and stipend, you might be wondering about how to pay for your program. Here are some factors to consider in making a Ph.D. in business administration and comparing costs:

• Tuition Cost -Tuition costs for Ph.D. degrees run the spectrum. Some students get funding from employers, scholarships, and other sources of support. Tuition varies depending on whether students choose on-campus programs or online Ph.D. programs, public or private institutions, and whether the student qualifies as a resident.
• Program Fees -Aside from tuition rates, Ph.D. students pay fees for books and other course-related items. Extra expenses associated with a graduate program can include computers, technical support, high-speed Internet, and other resources. Read all of the tuition information a business school gives. Some business schools offer programs to cover fees and some even hand out free devices to their students.
• Accommodation -Housing for Ph.D. students can be expensive. The cost of living ranges based on where you attend business school.  Factor in the costs of living ranging from $20,000 to more per year .
• Study materials and resources -Take note that there will be some extra costs for study materials. Since many Ph.D.s divide the experience between two years of initial coursework and three years of dissertation. Your expenses will fluctuate annually. 
• Parking -On-campus students must take paying for parking into consideration. An on-campus parking permit can cost Ph.D.  students between $50 and $2,500 annually .

How do I Know What Doctoral Program to Select?

Personal considerations, including geographical location and educational preferences in a specialized field of interest, are criteria that will help narrow the range of possibilities. One primary concern is whether a particular business school has staff who specialize in the prospective student’s study area.

Students may assume that all schools offer similar types of emphases and pay relatively no attention to the faculty’s specific research interests. This may cause unfortunate surprises once a student enrolls in a doctoral program.

Even among leading postgraduate programs at the nation’s top research universities, there are significant differences in what areas schools have national and international recognition for teaching and research. Potential students should research faculty interest areas at all schools being considered.

What Role do Accreditations and Rankings Play in Considering a Ph.D.?

Publications that offer rankings of business schools should be viewed with an understanding of their goals and priorities. All rankings are subjective to each entity’s priorities and goals. Some focus on cost, some on college support, some on peer review, and some on student reviews. Ranking exposure should never substitute a student’s own research and investigation, but only to aid as a tool.

A crucial selection factor to consider is accreditation. Accreditation is a viable measure indicating that knowledgeable peers from a neutral institution have determined that a school’s program meets accreditation standards for:

• Faculty composition,
• Intellectual contributions,
• Curriculum content, and
• Instructional resources.

Most non-profit colleges and universities in the nation hold institutional accreditation conferred by regional accrediting agencies. Within the field of business, separate specialized accrediting agencies grant business accreditation to business schools or individual business programs. Among the top is AACSB . Selecting a business school accredited by AACSB is an assurance that the institution provides a high-quality education.

What is the Experience of Pursuing a Ph.D. in Business Administration Like?

Unlike bachelor’s or master’s-level work, where highly structured learning and individual courses with many different instructors are the norms, doctoral education places a higher premium on self-directed learning and closer relationships with fewer faculty members in a particular area of specialization. On average, Ph.D. programs will take five to six years to complete and involve the intense study of academic journal articles and original research writings. Doctoral students often forge close friendships with faculty mentors. These mentors work closely with students to:

• Define a course of study,
• Prepare for qualifying exams,
• Provide guidance in the dissertation process, and
• Help with pursuing their first faculty position.

How Can I Be Successful in Business School While Pursuing My Degree?

Returning to school to study business administration is a fantastic investment in your career. All business-minded professionals know you can’t make an investment and check out. To be successful at a Ph.D. in business administration requires hard work, persistence, and grit to ensure it pays off. Here are some ways doctoral students can make the most of their degree and time as business students.

• Keep the Goal in Mind -Remember why you are there. Keep your professional goals at the forefront and let them guide your decisions. 
• Get Organized -Find ways to learn quality time management. Getting organized also means scheduling all of life’s demands to get the job done.
• Stay Flexible -Learn how to bend to keep you from breaking. Your expectations during business school will only sometimes get met. Roll with the punches and keep a cool head when things heat up.
• Make Connections – Business school is a time to build your network . The relationships you make with instructors and fellow students will last a lifetime. 
• Develop Study Skills -When you learn how you study best, you learn how to use time wisely. Work smarter, not harder, and get the most out of your Ph.D. experience.

Why Pursue a Ph.D. in Business Administration?

People pursue a Ph.D. in Business Administration for various reasons, as it offers unique benefits and opportunities for personal and professional growth. Many individuals pursue a Ph.D. in Business Administration to engage in rigorous research and contribute to the academic field. They aspire to become professors or researchers, conducting in-depth studies and publishing their work in academic journals.

Pursuing a Ph.D. in Business Administration is a journey of personal and intellectual growth. It offers an opportunity to delve deeply into a specific area of interest, expand knowledge, and develop critical thinking skills. A Ph.D. program allows individuals to specialize in a specific area of business administration. This specialization enables them to develop deep knowledge and expertise in their chosen field, such as finance, marketing, organizational behavior, or strategy. This level of specialization can make them highly sought-after experts in industries, consulting firms, or think tanks. Some individuals pursue a Ph.D. in Business Administration to enhance their leadership and consulting skills.

For many, obtaining a Ph.D. in Business Administration is a personal achievement and a symbol of dedication, perseverance, and intellectual rigor. It is a significant milestone that brings a sense of personal fulfillment and sets individuals apart as experts in their field.

A degree like a Ph.D. in Business Administration is an opportunity that has much to offer in terms of intellectual stimulation, future income, lifestyle, and many other attractive characteristics. It is a challenging and rewarding journey that opens doors to a wide range of opportunities in academia, research, consulting, and leadership roles.

Related Rankings:

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PhD Programs

• Accounting & Management
• Business Economics
• Health Policy (Management)
• Organizational Behavior
• Technology & Operations Management

Students in our PhD programs are encouraged from day one to think of this experience as their first job in business academia—a training ground for a challenging and rewarding career generating rigorous, relevant research that influences practice.

Our doctoral students work with faculty and access resources throughout HBS and Harvard University. The PhD program curriculum requires coursework at HBS and other Harvard discipline departments, and with HBS and Harvard faculty on advisory committees. Faculty throughout Harvard guide the programs through their participation on advisory committees.

How do I know which program is right for me?

There are many paths, but we are one HBS. Our PhD students draw on diverse personal and professional backgrounds to pursue an ever-expanding range of research topics. Explore more here about each program’s requirements & curriculum, read student profiles for each discipline as well as student research , and placement information.

The PhD in Business Administration grounds students in the disciplinary theories and research methods that form the foundation of an academic career. Jointly administered by HBS and GSAS, the program has four areas of study: Accounting and Management , Marketing , Strategy , and Technology and Operations Management . All areas of study involve roughly two years of coursework culminating in a field exam. The remaining years of the program are spent conducting independent research, working on co-authored publications, and writing the dissertation. Students join these programs from a wide range of backgrounds, from consulting to engineering. Many applicants possess liberal arts degrees, as there is not a requirement to possess a business degree before joining the program

The PhD in Business Economics provides students the opportunity to study in both Harvard’s world-class Economics Department and Harvard Business School. Throughout the program, coursework includes exploration of microeconomic theory, macroeconomic theory, probability and statistics, and econometrics. While some students join the Business Economics program directly from undergraduate or masters programs, others have worked in economic consulting firms or as research assistants at universities or intergovernmental organizations.

The PhD program in Health Policy (Management) is rooted in data-driven research on the managerial, operational, and strategic issues facing a wide range of organizations. Coursework includes the study of microeconomic theory, management, research methods, and statistics. The backgrounds of students in this program are quite varied, with some coming from public health or the healthcare industry, while others arrive at the program with a background in disciplinary research

The PhD program in Organizational Behavior offers two tracks: either a micro or macro approach. In the micro track, students focus on the study of interpersonal relationships within organizations and the effects that groups have on individuals. Students in the macro track use sociological methods to examine organizations, groups, and markets as a whole, including topics such as the influence of individuals on organizational change, or the relationship between social missions and financial objectives. Jointly administered by HBS and GSAS, the program includes core disciplinary training in sociology or psychology, as well as additional coursework in organizational behavior.

Accounting & Management  

Business economics  , health policy (management)  , marketing  , organizational behavior  , strategy  , technology & operations management  .

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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Rigorous, discipline-based research is the hallmark of the MIT Sloan PhD Program. The program is committed to educating scholars who will lead in their fields of research—those with outstanding intellectual skills who will carry forward productive research on the complex organizational, financial, and technological issues that characterize an increasingly competitive and challenging business world.

Start here.

Learn more about the program, how to apply, and find answers to common questions.

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Click here for answers to many of the most frequently asked questions.

PhD studies at MIT Sloan are intense and individual in nature, demanding a great deal of time, initiative, and discipline from every candidate. But the rewards of such rigor are tremendous:  MIT Sloan PhD graduates go on to teach and conduct research at the world's most prestigious universities.

PhD Program curriculum at MIT Sloan is organized under the following three academic areas: Behavior & Policy Sciences; Economics, Finance & Accounting; and Management Science. Our nine research groups correspond with one of the academic areas, as noted below.

MIT Sloan PhD Research Groups

Behavioral & policy sciences.

Economic Sociology

Institute for Work & Employment Research

Organization Studies

Technological Innovation, Entrepreneurship & Strategic Management

Economics, Finance & Accounting

Accounting  

Management Science

Information Technology

System Dynamics  

Those interested in a PhD in Operations Research should visit the Operations Research Center .  

PhD Program Structure

Additional information including coursework and thesis requirements.

MIT Sloan Predoctoral Opportunities

MIT Sloan is eager to provide a diverse group of talented students with early-career exposure to research techniques as well as support in considering research career paths.

Rising Scholars Conference

The fourth annual Rising Scholars Conference on October 25 and 26 gathers diverse PhD students from across the country to present their research.

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The goal of the MIT Sloan PhD Program's admissions process is to select a small number of people who are most likely to successfully complete our rigorous and demanding program and then thrive in academic research careers. The admission selection process is highly competitive; we aim for a class size of nineteen students, admitted from a pool of hundreds of applicants.

What We Seek

• Outstanding intellectual ability
• Excellent academic records
• Previous work in disciplines related to the intended area of concentration
• Strong commitment to a career in research

MIT Sloan PhD Program Admissions Requirements Common Questions

Dates and Deadlines

Admissions for 2024 is closed. The next opportunity to apply will be for 2025 admission. The 2025 application will open in September 2024. 

More information on program requirements and application components

Students in good academic standing in our program receive a funding package that includes tuition, medical insurance, and a fellowship stipend and/or TA/RA salary. We also provide a new laptop computer and a conference travel/research budget.

Funding Information

Throughout the year, we organize events that give you a chance to learn more about the program and determine if a PhD in Management is right for you.

PhD Program Events

August phd program overview.

During this webinar, you will hear from the PhD Program team and have the chance to ask questions about the application and admissions process.

Discover Your Doctoral Path

An in-person event for prospective students with Boston-area management programs

September 12 PhD Program Overview

September 25 phd program overview.

Complete PhD Admissions Event Calendar

Unlike formulaic approaches to training scholars, the PhD Program at MIT Sloan allows students to choose their own adventure and develop a unique scholarly identity. This can be daunting, but students are given a wide range of support along the way - most notably having access to world class faculty and coursework both at MIT and in the broader academic community around Boston.

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Profiles of our current students

MIT Sloan produces top-notch PhDs in management. Immersed in MIT Sloan's distinctive culture, upcoming graduates are poised to innovate in management research and education.

Academic Job Market

Doctoral candidates on the current academic market

Academic Placements

Graduates of the MIT Sloan PhD Program are researching and teaching at top schools around the world.

view recent placements 

MIT Sloan Experience

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The PhD Program is integral to the research of MIT Sloan's world-class faculty. With a reputation as risk-takers who are unafraid to embrace the unconventional, they are engaged in exciting disciplinary and interdisciplinary research that often includes PhD students as key team members.

Research centers across MIT Sloan and MIT provide a rich setting for collaboration and exploration. In addition to exposure to the faculty, PhD students also learn from one another in a creative, supportive research community.

Throughout MIT Sloan's history, our professors have devised theories and fields of study that have had a profound impact on management theory and practice.

From Douglas McGregor's Theory X/Theory Y distinction to Nobel-recognized breakthroughs in finance by Franco Modigliani and in option pricing by Robert Merton and Myron Scholes, MIT Sloan's faculty have been unmatched innovators.

This legacy of innovative thinking and dedication to research impacts every faculty member and filters down to the students who work beside them.

Faculty Links

• Accounting Faculty
• Economic Sociology Faculty
• Finance Faculty
• Information Technology Faculty
• Institute for Work and Employment Research (IWER) Faculty
• Marketing Faculty
• Organization Studies Faculty
• System Dynamics Faculty
• Technological Innovation, Entrepreneurship, and Strategic Management (TIES) Faculty

Student Research

“MIT Sloan PhD training is a transformative experience. The heart of the process is the student’s transition from being a consumer of knowledge to being a producer of knowledge. This involves learning to ask precise, tractable questions and addressing them with creativity and rigor. Hard work is required, but the reward is the incomparable exhilaration one feels from having solved a puzzle that had bedeviled the sharpest minds in the world!” -Ezra Zuckerman Sivan Alvin J. Siteman (1948) Professor of Entrepreneurship

Sample Dissertation Abstracts - These sample Dissertation Abstracts provide examples of the work that our students have chosen to study while in the MIT Sloan PhD Program.

We believe that our doctoral program is the heart of MIT Sloan's research community and that it develops some of the best management researchers in the world. At our annual Doctoral Research Forum, we celebrate the great research that our doctoral students do, and the research community that supports that development process.

The videos of their presentations below showcase the work of our students and will give you insight into the topics they choose to research in the program.

Attention To Retention: The Informativeness of Insiders’ Decision to Retain Shares

2024 PhD Doctoral Research Forum Winner - Gabriel Voelcker

Watch more MIT Sloan PhD Program  Doctoral Forum Videos

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The field of finance covers the economics of claims on resources. Financial economists study the valuation of these claims, the markets in which they are traded, and their use by individuals, corporations, and the society at large.

At Stanford GSB, finance faculty and doctoral students study a wide spectrum of financial topics, including the pricing and valuation of assets, the behavior of financial markets, and the structure and financial decision-making of firms and financial intermediaries.

Investigation of issues arising in these areas is pursued both through the development of theoretical models and through the empirical testing of those models. The PhD Program is designed to give students a good understanding of the methods used in theoretical modeling and empirical testing.

Preparation and Qualifications

All students are required to have, or to obtain during their first year, mathematical skills at the level of one year of calculus and one course each in linear algebra and matrix theory, theory of probability, and statistical inference.

Students are expected to have familiarity with programming and data analysis using tools and software such as MATLAB, Stata, R, Python, or Julia, or to correct any deficiencies before enrolling at Stanford.

The PhD program in finance involves a great deal of very hard work, and there is keen competition for admission. For both these reasons, the faculty is selective in offering admission. Prospective applicants must have an aptitude for quantitative work and be at ease in handling formal models. A strong background in economics and college-level mathematics is desirable.

It is particularly important to realize that a PhD in finance is not a higher-level MBA, but an advanced, academically oriented degree in financial economics, with a reflective and analytical, rather than operational, viewpoint.

Faculty in Finance

Anat r. admati, juliane begenau, jonathan b. berk, michael blank, greg buchak, antonio coppola, darrell duffie, steven grenadier, benjamin hébert, arvind krishnamurthy, hanno lustig, matteo maggiori, paul pfleiderer, joshua d. rauh, claudia robles-garcia, ilya a. strebulaev, vikrant vig, jeffrey zwiebel, emeriti faculty, robert l. joss, george g.c. parker, myron s. scholes, william f. sharpe, kenneth j. singleton, james c. van horne, recent publications in finance, monetary tightening and u.s. bank fragility in 2023: mark-to-market losses and uninsured depositor runs, trading stocks builds financial confidence and compresses the gender gap, expectations and the neutrality of interest rates, recent insights by stanford business, a “grumpy economist” weighs in on inflation’s causes — and its cures, the surprising economic upside to money in u.s. politics, your summer 2024 podcast playlist.

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

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

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

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

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

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

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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PhD after MBA

I was not that excited about exploring PhD domain before I had a realtime conversation with the one who is already pursuing from IIM Kozhikode. There are tons of opportunities available once you pursue a PhD after MBA. Let’s explore more about Why PhD after MBA, Eligibility Criteria and Career Scope.

The following information is pertaining to the PhD after an MBA from India – specifically to IIMs. We will add more information about PhD after MBA from Abroad as well.

Why do a PhD after MBA?

After successful completion, the PhD program can open tons of opportunities in domains like academics, corporate, research, consulting, etc.

The jobs roles available are Management Consultant, Business Professor, Policy Analyst, etc.

Eligibility Criteria for a PhD after MBA

The scores of CAT 2018, CAT 2019 and CAT 2020 are considered valid for application to the PhD. Program in 2021.

Standard Test Score not required if an applicant is:

• PGP Alumni of any IIM
• PGPX/PGP-PMP Alumni of any IIM where such courses are offered

(Part-time/Distance Learning programs of IIM are not taken into consideration)

How to do a PhD after MBA?

• The candidate must fit into Eligibility criteria as discussed
• The candidate is required to take the CAT exam. The NRIs and foreign students can apply through GMAT.
• The following table will help you understand the exams accepted instead of CAT

Stipend for PhD after MBA

• The stipend for IIMs varies in the range of Rs. 30,000
• The is an additional amount entitled that covers expenses of attending international conference or workshops, etc.

*We will be adding more information to this article, please post your questions in the comment section.

List of Top MBA Colleges in Hyderabad - Fees, Salary, Admissions

Management lessons from dussehra, related articles, does past academic record affect placements reality check, mba syllabus pune university 2022.

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

Mar 4, 2024

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

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

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

Ph.D. After MBA in Distance Education

Benefits of ph.d. after mba.

• Why Ph.D. After MBA is better option

Career Scope and Employment Sectors

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

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

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

Other common Ph.D. Specializations after MBA

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

Ph.D. Course Duration after MBA

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

How to do a Ph.D. after MBA?

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

Requirements for applying through  Ph.D.

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

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

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

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

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

Why Ph.D. after MBA is Better Option?

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

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

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

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

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

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

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

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

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

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

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

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

Sheeza Khan

Updated on 20th February, 2024 , 8 min read

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

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

Also read: Top PhD Entrance Exams in India 

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

Further Reading: IIT Madras PhD Admission 2023

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

More PhD Courses: 

More about MBA: 

PhD After MBA: Course Details

Also read:  GATE Study Material

Why pursue PhD after MBA?

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

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

Also Read:  Tips to prepare for UGC Net

More MBA Courses: 

Who should pursue PhD after MBA?

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

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

PhD after MBA: PhD Finance Course Details

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

Further Reading: MBA Finance Syllabus & Subjects 

PhD after MBA: PhD Marketing Course Details

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

Further Reading: MBA in Marketing

PhD after MBA: PhD Organizational Behavior Course Details

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

PhD after MBA: PhD Business Management Course Details

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

PhD after MBA: PhD HR Management Course Details

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

PhD after MBA: PhD Management Studies Course Details

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

Further Reading: BMS Course Details 

PhD after MBA: PhD Banking and Finance Course Details

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

Further Reading: MBA Finance Jobs 

PhD after MBA: PhD Disaster Management Course Details

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

Also Read: PhD in IGNOU

PhD after MBA: PhD Commerce and Management Course Details

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

Further Reading: BMS Subjects & Syllabus

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Frequently Asked Questions

Can phd be done after mba.

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

What are the PhD courses after MBA?

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

Can I do a PhD from IIM?

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

Can I do a PhD after MBA in HR?

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

Does a PhD after MBA make sense?

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

How many years is PhD after MBA?

PhD after MBA is normally for 4 - 6 years.

Deep Expertise, Research Opportunities, Academic Career, Personal Fulfillment and Networking.

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

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

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

Ph.D. after MBA or Management

• Ph.D. Course Duration after MBA

Eligibility Criteria for Ph.D. After MBA

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

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

Ph.D. After MBA in Australia

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

• Scope Of Ph.D. after MBA in Finance

Ph.D. in Management

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

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

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

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

Do Refer: Career Objective for MBA

Ph.D. Course Duration After MBA

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

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

Country Duration (Average)

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

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

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

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

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

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

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

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

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

There are several available courses one may take, like:

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

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

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

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

For India, exams like CAT are applicable.

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

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

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

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

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

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

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

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

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

Best Countries to Study Ph.D. after MBA Abroad

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

Ph.D. After MBA in the USA

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

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

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

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

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

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

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

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

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

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

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

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

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

The top universities which are offering this program are:

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

Scope Of Ph.D. After MBA in Finance

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

• TATA Consultancy
• Genpact Technologies Ltd

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

Following are some Benefits of PhD after MBA

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

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

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

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

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

FAQ’s on Doing A Ph.D. After MBA

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

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

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

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

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

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

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

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

The Princeton Review’s Top 50 Online MBA Rankings Released for 2024

Saunders College of Business at Rochester Institute of Technology is ranked 43rd nationally in The Princeton Review’s Top 50 Online MBA Programs as part of its Best Business Schools 2024 rankings. This ranks #3 among New York State programs and is only one of two Executive MBA programs included in the ranking. The Princeton Review’s yearly rankings are based on student surveys, career outcomes, admissions selectivity, and academic rigor, among other categories.

Saunders’ online executive MBA program is a rigorous program meant to push professionals to reach their full potential. The curriculum includes high-level courses on topics such as effective team leadership, economics, marketing strategy, and international business. 

The online Executive MBA is accredited by AACSB and is intended for seasoned professionals who want to put their creativity and innovation to the test to propel themselves into higher leadership roles.

Saunders’ undergraduate and graduate programs are internationally ranked and recognized . Visit our events page to view graduate information session opportunities and other events

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DBA vs. PhD in Business: Navigating the Path to Leadership Excellence

• August 19, 2024

Table of Contents

A DBA and a PhD in Business cater to different professional goals and academic interests. Both degrees support aspirations for leadership roles and are increasingly important in achieving them. But which one should you go for? Let’s examine their essential characteristics and guide you in determining the best path for your career.

This article was reviewed by Dr. Aamar Moorjani, PhD.

Why Are Advanced Degrees like a DBA and a PhD in Business Great for Leadership Roles?

Advanced degrees like PhDs and DBAs are crucial for pursuing top leadership roles. They provide specialized knowledge and skills for making informed decisions and solving complex problems. These degrees also reflect a deep commitment to the field, showcasing the ability to conduct rigorous research and think critically.

Networking is another significant benefit. Advanced degrees connect professionals with a network of peers, mentors, and industry leaders. This network facilitates collaboration, mentorship, and strategic partnerships, enhancing leaders’ ability to innovate and adapt in a dynamic industry.

Finally, the credibility and respect of advanced degrees open doors to leadership opportunities. Employers and stakeholders view PhD and DBA holders as experts with authority. This perception, combined with the demonstrated discipline and dedication, makes these degrees powerful tools for achieving advanced leadership positions.

DBA in Business: Hands-On Research

DBAs focus on practical application – they’re about solving real-world business problems with hands-on research.

In a Doctorate of Business Administration program, you’ll find yourself among seasoned professionals— CEOs, entrepreneurs, and senior managers . Learning from real-world experiences, you’ll dive into strategic management, leadership, and innovation with professors who blend academic knowledge and industry insights.

Your research isn’t just academic; it’s more of a hands-on learning experience on real problems faced by real businesses. You’ll tackle real business issues, providing solutions that can directly impact your career or organization. This original research sharpens your critical thinking and analytical skills, preparing you to lead and influence at the highest levels.

Finally, DBAs are more flexible and economical . CIU’s online programs allow working professionals to earn an advanced degree without juggling their personal and professional responsibilities.

PhD in Business: Theory and Continous Research

Meanwhile, a PhD in Business takes a different research approach, much more focused on academia and theory . Its main aim is to add to the body of preexisting knowledge.

Where a DBA is practical, a PhD is theoretical . It delves deep into the theories of commerce and management to draw fresh insights and innovative ideas into the business world. Research is less about solving a specific problem promptly and more about expanding knowledge.

PhD students often stay in academia for the long run. They continue doing research professionally and have teaching positions at universities.

And where a DBA is flexible, a PhD may demand higher commitment . A PhD typically requires you to make it your number one priority, taking the place of your job. 

Choosing the Right Path for You

Choosing between a DBA and a PhD in Business depends on your career goals and research interests. A DBA is the right choice if you aim to solve real-world business problems, lead organizations, or work as a consultant . It focuses on practical, applied research and is designed for working professionals, often offering flexible, part-time schedules. Designed to be completed in 2.5 years, a DBA from CIU integrates coursework with research, allowing you to apply what you learn directly to your career.

On the other hand, if your passion lies in academia, teaching, or conducting theoretical research , a PhD is the way to go. This path is more intensive and requires a full-time commitment, usually taking 4-6 years. PhD programs emphasize deep theoretical research and significant coursework in the initial years, followed by extensive dissertation writing.

Ultimately, the DBA equips you to become a scholar-practitioner, driving innovation in the business world. At the same time, the PhD prepares you to be an academic expert, contributing to scholarly research and educating future business leaders. By considering your career objectives, research interests, and time commitment, you can make the right choice for your future.

Success Story: Michael Owens

Dr. Michael Owens exemplifies the transformative impact of a DBA in Business. After graduating from California Intercontinental University in 2011 with a Doctorate in Business Administration, Michael has had a distinguished career spanning over 25 years across startup, corporate, government, and military organizations.

As a cybersecurity executive , Michael has been at the forefront of addressing complex issues such as breach mitigation, threat intelligence sharing, and promoting diversity within the tech industry. He is the president and CEO of the U.S. Global Center of Cyber Policy, where he provides expert analysis on cybersecurity trends and policies to various levels of government.

Michael’s career includes leading roles at EY, where he directed the Global Cybersecurity, Cybercrime, and Critical Infrastructure Program, and at Cisco Systems, where he managed IT strategy engagements for government agencies. His extensive international experience spans projects in over 100 countries, and he has pioneered practices in SMB MSP and fractional CIO/CISO services.

An eight-year United States Marine Corps veteran, Michael is also involved with the US Marine Corps Cyber Auxiliary and various prestigious organizations. His educational background includes a bachelor’s degree from North Carolina A&T State University, a master’s degree from Georgia Institute of Technology, a doctorate from California Intercontinental University, and advanced certificates from the U.S. Army War College and Harvard University. He lives in Mableton, Georgia, and is a dedicated father of two.

Conclusion: DBA vs PhD in Business

DBA and PhD programs offer unique advantages for those aspiring to leadership roles in business. Your career aspirations should guide your choice—whether in industry or academia . Advanced degrees enhance your expertise and position you as a credible and capable leader in your field. For working professionals, flexible online DBA programs, such as those at CIU, provide an excellent opportunity to achieve your leadership goals without sacrificing your current career.

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

College Vidya Team Dec 11, 2023 3.3K 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.

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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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Best Business Schools For Supply Chain MBAs & Specialized Master’s

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Supply chain programs today are about more than traditional concerns like trucking, shipping, and the physical side of getting goods around the globe. Digital transformation, sustainability, resilience, blockchain — all are now essential elements of a good program, the kind employers want to hire graduates from.

That’s what the leadership at Marquette University’s College of Business understands. Employers have taken notice, which is a big reason the small, storied Midwestern B-school just saw the best year-to-year improvement in rankings fortune of nearly all of a few dozen top U.S. B-schools. The ranking: Gartner’s biennial list of the top 25 university supply chain graduate and undergraduate programs.

Marquette’s College of Business graduate school jumped 10 places from Gartner’s 2022 ranking , to 7th, and its undergraduate program jumped nine places, to 10th. In both lists, Marquette, located in Milwaukee, Wisconsin, is among the smallest of all ranked programs, with around 30 students in its graduate supply chain master’s, another 70 or 80 in the school’s MBA program with a supply chain concentration, and just under 200 in its supply chain undergraduate major.

MARQUETTE DEMONSTRATES AGILITY — AND FORESIGHT 

Marquette’s Mark Barratt: “We invest in every single student, and I think that’s part of the big difference, and that’s really what we focus on”

“One thing that I’m particularly proud of with the supply chain rankings is the fact that if you look at the size of the programs, we’re punching well above our weight,”says Mark Barratt, chair of the Management Department at Marquette since 2020, and associate professor in the school’s operations and supply chain group since January 2013. Barratt teaches both the undergrad capstone course, Integrated Supply Chain Strategy, and courses in the school’s Master’s in Supply Chain Management program.

“We’re much smaller, but I think that’s actually helpful because it enables us to be much more agile so we can kind of change with what’s happening, what skills are needed by industry. So for example, with the graduate program, we’ve already got a course that’s in development, but it’s really about how are companies using generative AI in their supply chains, because that’s exploded since 2023.”

Barratt credits the foresight of Marquette leadership in 2018, which oversaw an overhaul of the school’s supply chain curriculum — away from a focus on the physical side and toward digital transformation and sustainability. That kind of foresight has put Marquette at the forefront of how AI is impacting supply chains.

Employers love what they’re cooking in Milwaukee.

“We’ve got the ability to do that, to be more agile, because whether it’s at the graduate or the undergraduate level, we are smaller,” Barratt says. “I think about ASU and I think about the University of Tennessee, where they have between 600 and 1,000 supply chain majors. For them, it takes time to make change, whereas we’ve got the ability to change that much quicker.”

GARTNER: ARKANSAS TAKES TOP UNDERGRAD SPOT FOR 3RD STRAIGHT RANKING

Fifty-two schools in the U.S. and Canada participated in Gartner’s 2024 survey of undergraduate supply chain programs, and 47 participated in the graduate survey. In schools’ curricula, Gartner found growing interest in analytics and a decline in manufacturing focus. “This is especially noticeable in supply chain MBA degrees,” says Dana Stiffler, distinguished VP analyst with the Gartner Supply Chain practice, “with less than 50% of programs having significant manufacturing content, compared to 76% of programs two cycles ago in 2020.”

Gartner ranks the University of Tennessee the top B-school for supply chain graduate programs, followed by the University of Arkansas, which is based in Fayetteville where Walmart is headquartered. The 1-2 of Tennessee-Arkansas is unchanged from Gartner’s 2022 ranking. The rest of the 2024 top five is rounded out by Rutgers, up from No. 5 in 2022; the University of Texas at Dallas, same as 2022; and the University of South Carolina, up from No. 6.

The biggest jumper among 25 supply chain graduate programs is Arizona State University, which leaped 13 places to No. 10. Marquette is next, having jumped 10 places to No. 7. Indiana University improved eight places to land 12th.

For supply chain undergraduate programs, Nos. 1-2 are flipped, with Arkansas taking the top spot and Tennessee at No. 2. Arkansas has been No. 1 since 2020 ; Tennessee is No. 2 for a second straight ranking. South Carolina ranks third for a second straight ranking, while the University of North Texas is No. 4, up from No. 6, and Rutgers is No. 5, same as 2022.

Marquette, at No. 10, and Purdue University, at No. 15, tied for the biggest improvement from the 2022 ranking, each up nine places. See the next pages for the complete 2024 Gartner rankings.

‘WE INVEST IN EVERY SINGLE STUDENT’

Mark Barratt spent 10 years at Arizona State University teaching undergrads and MBAs supply chain management and logistics before joining Marquette in early 2013. He says one of Marquette’s biggest advantages compared to bigger programs like ASU is the ability of faculty to get to know students better: a personalized touch that is a crucial ingredient in students becoming more confident and capable graduates.

“At Marquette, I pretty much know every single student,” he says. “And so first day of class, they walk in and I’m like, ‘Hey Joe, hey Fred, Steve, Jane.’ The fact is, they’re not here to be a number in the class. We’re not here to just talk generally. We invest in every single student, and I think that’s part of the big difference, and that’s really what we focus on.”

That focus on the individual certainly helped Marquette when it came to the alumni response portion of the Gartner ranking, Barratt says.

“A large part of the Gartner ranking obviously is the industry value component,” he says. “What we do is, we reach out to pretty much all of our students with a personalized email and say, ‘Hey, look, the ranking is coming up. If you appreciated what we’ve done for you in terms of the degree or whatever, whether it’s undergrad or graduate, please consider filling in the survey.’ And I think the response has been phenomenal.”

A LOGICAL LOGISTICS LANDING SPOT

With an online master’s in supply chain management, a robust specialization in the full-time MBA program, and a Center for Supply Chain Management that this year celebrated its 25th anniversary — all in addition to its thriving undergraduate program — Marquette is a logical landing spot for students interested in supply chain management. But it hasn’t always sold itself well, Barratt says.

That’s another thing that is changing as the top schools become closer rivals for talent.

“I think the gap between the top 25 has closed significantly,” Barratt says. “Gartner used to rank content of the curriculum. Now they don’t because the content has very much normalized across the top 25. But there are still opportunities there to highlight more of the hotter-topic issues like digital transformation.

“The other thing that we’ve done: We make sure that we actually talk about what we offer. Because I think academic institutions are not always great advocates for themselves. If you talk about it, people go, ‘Oh, great, that’s wonderful.’ If you don’t talk about it, then you’re just the same as everybody else where they just don’t know. We spent a lot of time working on that.”

DON’T MISS THE 2022 P&Q STORY ON GARTNER’S SUPPLY CHAIN RANKING and OUR STORY ON THE 2020 RANKING

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Average iim package falling as tuition fees increase: challenges for indian b-school students.

With average IIM packages falling at several top Indian business schools, students face a challenging study environment © lakshmiprasad / iStock

Despite seeing a decline in the average IIM packages earned by students after they graduate, a number of the top business schools in India are raising their tuition fees

Wed Aug 21 2024

A number of Indian Institutes of Management (IIMs)—including the three highest-ranked schools in the recently released 2024 NIRF Ranking , IIM Ahmedabad, IIM Bangalore, and IIM Kozhikode—have increased tuition fees in the last two years. 

Meanwhile the average salaries earned by MBA students of these top IIMs after they graduate have either dropped or stagnated, with grads entering a challenging job market impacted by economic pressure and a slowdown in hiring. 

Falling average IIM package 

IIM salary placement packages have been falling at a number of top-ranked public Indian business schools over the last two years. 

At IIM Ahmedabad , the top-ranked business school in India, graduating students’ average salary packages were stagnant between 2022 and 2023. The IIM Ahmedabad average package rose marginally from Rs 31.58 lakh to Rs 31.59 lakh. 

MBA graduates of the class of 2023 at IIM Bangalore—India’s second highest-ranked IIM—experienced a drop in salaries as the IIM Bangalore average package fell from Rs 33 lakh in 2023 to Rs 32.5 lakh in 2024.

IIM Kozhikode, the third highest ranking school in the 2024 NIRF Ranking, saw grads of the class of 2023 earn average IIM salary packages of Rs 26.5 lakh, with the most recent graduating class earning the same. 

At IIM Lucknow, a school that ranks seventh among India’s best MBA colleges, the average IIM Lucknow package fell from Rs 30 lakh in 2023 to Rs 27 lakh for the most recent graduating class. 

Another IIM that ranks among the top 10, IIM Indore , reported falling salaries for MBA graduates. The IIM Indore average package was at Rs 27.2 lakh for the previous cohort, while this year’s graduating students earned Rs 24.5 lakh.

Some top-ranking Indian business schools have bucked this trend. For example IIM Calcutta, which ranks fifth in the NIRF list, has seen an increase in its average IIM salary package in the last two years. While the figures for 2024 are yet to be published, the program's average IIM salary rose from Rs 31 lakh in 2022 to Rs 33.67 lakh in 2023. 

Rising IIM tuition fees 

Meanwhile, as the average IIM salary at many of India’s leading business schools has dropped, a number of these schools have also increased tuition fees for incoming MBA students. 

 At IIM Ahmedabad, the school increased its tuition fee from Rs 24.61 lakh in 2022 to Rs 25 lakh the following year. The IIM tuition fee for incoming students is Rs 26.5 lakh. 

While salaries have fallen at IIM Bangalore, the school has raised tuition fees. New students are required to pay IIM Bangalore fees of Rs 26 lakh compared to the Rs 24.5 lakh paid by the previous class.

Likewise, at IIM Mumbai —formerly known as National Institute for Training in Industrial Engineering (NITIE Mumbai)—the current tuition fee of 21 lakh for the current class is a 40% increase from that paid by the previous cohort. 

A challenging IIM placement environment 

The financial changes impacting students at India’s top business schools reflect wider challenges in the country's business education sector.  

Earlier this year, it was revealed that the success of placements at these top schools—which usually place between 95% and 100% of students with top employers across various sectors—has been mixed this year. 

Firms in the tech, IT, and consulting sectors in particular were noted to have scaled back hiring. Despite its reputation, IIM Ahmedabad admitted the job market was challenging with firms in the management consulting industry hiring fewer students.

IIM Lucknow also took the widely publicized decision to request alumni for assistance with placing its students, though the school later added that this was standard practice.

Professor Ganesh N Prabhu, chairperson of Career Development Services at IIM Bangalore, revealed it had been “a difficult placement year" for its well-renowned MBA program.

  Read more about IIM placements for 2024  

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The 5 best mba student loans of august 2024, these top lenders offer low-rate, flexible loans to help pay for your mba education..

Earning an MBA can be expensive, so many turn to graduate school loans to help foot the bill.

Federal student loans for graduate students are a good starting point. With Direct Unsubsidized Loans, you can borrow up to $20,500 each academic year, and Direct PLUS Loans let you borrow up to the full cost of attendance. But if you need more funding to fill the gap after federal loans, or if you have good credit and can score a lower interest rate by going private , a lender offering MBA student loans can be a strong second option.

To find the best MBA student loans, we compared lenders' interest rates, whether they offer both fixed and variable rates, any rate discounts with autopay, as well as lenders' credit requirements and eligibility, repayment terms and fees. (See our methodology for more information on how we chose the best MBA student loans.)

Best MBA student loans

• Best from an online lender : College Ave®  
• Best from a brick-and-mortar bank : Citizens Bank
• Best for applying with a co-signer : Sallie Mae®
• Best for applying without a co-signer : Ascent
• Best for refinancing : SoFi®

*Rates used below are for the respective lenders' graduate student loans (unless otherwise indicated) and, when applicable, include an autopay discount.

Compare student loan refinancing rates

Best from an online lender, college ave, eligible borrowers.

Undergraduate and graduate students, parents

Loan amounts

$1,000 minimum; maximum cost of attendance

Range from 5 to 20 years

Variable and fixed

Borrower protections

Deferment, forbearance and grace period options available

Co-signer required?

Only for international students

Offer student loan refinancing?

Yes - click here for details

Terms apply.

• High loan amount
• Flexible repayment terms
• Variable and fixed rates, so you can choose
• Borrowers have hardship protections
• No co-signer required for U.S. students
• Offers co-signer release
• No origination, application or prepayment fees
• 0.25% interest rate discount for autopay
• Offers student loan refinancing
• Accepts in-school payments
• Non-cosigned loans tend to charge higher interest rates
• Co-signer release can't be made until half of repayment term has passed

Who's this for? College Ave stands out from other online MBA student loan lenders for its quick application process and variety of loan terms to choose from, including five-, eight-, 10- and 15-year terms.

Standout benefits: College Ave also offers student loan refinancing and a nine-month grace period.

[ Jump to more details ]

Best from a brick-and-mortar bank

$150,000 maximum, or cost of attendance, whichever is lower

Range from 5 to 15 years

Forbearance options available

• No co-signer required
• Up to 0.50% interest rate discount for autopay
• Loan amount is limited to $150,000 maximum, or cost of attendance, whichever is lower

Who's this for? Citizens Bank is ideal if you want to borrow for your MBA from a brick-and-mortar bank and get in-person banking access. There are over 1,000 Citizens Bank branches for all your other needs. Citizens will offer a unique loyalty discount , where you can earn a 0.25% interest rate discount on your MBA student loan if you have (or if your co-signer has) a qualifying Citizens account at the time of application.

Standout benefits: College Ave offers student loan refinancing and a six-month grace period.

Best for applying with a co-signer

Sallie mae student loan.

Undergraduate and graduate students, borrowers seeking career training

$1,000 minimum; maximum up to cost of attendance

Range from 10 to 15 years

Deferment and forbearance options available

Read our Sallie Mae student loan review .

• Loans available to part-time students
• Co-signer release after 12 payments
• No student loan refinancing
• No parent loans
• Hard credit check to prequalify 
• Doesn’t disclose credit score requirements
• Late fee and returned payment charge

Who's this for ? You should consider Sallie Mae if you're applying for an MBA student loan with a co-signer and want a fast co-signer release option. With any private lender, you have a better chance of scoring a lower rate if you have a co-signer. Sallie Mae lets you release that co-signer after you graduate, make 12 on-time principal and interest payments and meet certain credit requirements.

Standout benefits: Sallie Mae's MBA student loans are available for less than half-time enrollment. As a borrower, you can get a six-month grace period, plus internship or fellowship deferment for 12-month increments, up to 48 months total.

Best for applying without a co-signer

Ascent® funding.

Qualifying undergraduate juniors and seniors, graduate students

Up to $200,000 for undergraduate and $400,000 for graduate loans

• Considers borrowers with no credit
• Up to 1% interest rate discount for autopay
• 1% cash back rewards
• Doesn't offer student loan refinancing

Who's this for? Ascent is ideal if you're applying for an MBA student loan without a co-signer. Any non-cosigned student loan will have a higher interest rate than a cosigned student loan, but Ascent's rates are on the lower end for this type of loan, letting students without a co-signer qualify on their own even with poor credit .

Standout benefits: Ascent offers many graduate student loan terms. There's a nine-month grace period, plus deferment of MBA school loans for up to 36 months while enrolled at least half-time.

Best for refinancing

Undergraduate and graduate students, parents, health professionals

$5,000 minimum (or up to state); maximum up to cost of attendance

Range from 5 to 15 years; up to 20 years for refinancing loans

Offer parent loan?

• 0.125% interest rate discount on any additional SoFi lending product
• No co-signer release option available
• Loan size minimum of $5,000

Who's this for? SoFi is worth considering if you want to refinance your MBA student loan. Refinancing gives borrowers a shot at scoring a lower interest rate, as well as a different repayment term. SoFi offers competitive refinancing rates, and the lender's student loan refi calculator allows you to see how much you could save by refinancing your student loans.

Standout benefits: There's no maximum limit for a SoFi student loan and there are a range of loan terms available. You have access to a six-month grace period, plus member benefits  like exclusive rate discounts, access to financial advisors, networking events and more. Plus, you can earn and redeem points to pay down your SoFi MBA loan and, currently, you can score a new cash bonus of up to $250 with a 3.0 GPA or higher.

More on our top MBA student loans

College Ave offers MBA student loans ranging from 3.87% to 14.49% fixed-rate APR and from 5.59% to 14.49% variable-rate APR. These rates include a 0.25% autopay rate discount.

Eligible loans

Undergraduate and graduate loans, graduate health professions and parent loans

5, 8, 10, 15 years

[ Return to account summary ]

Citizens Bank

Citizens Bank offers MBA student loans ranging from 4.24% to 14.09% fixed-rate APR and from 5.99% to 15.09% variable-rate APR. These rates include a combined 0.50% loyalty and autopay rate discount for Citizens account holders.

Undergraduate and graduate loans, parent loans

5, 10, 15 years

Sallie Mae interest rates are competitive with other private lenders. It offers MBA student loans ranging from 3.99% to 14.48% fixed-rate APR and from 5.37% to 14.97% variable-rate APR. These rates include a 0.25% autopay rate discount.

Undergraduate and graduate loans, health professions, medical and dental residency loans, bar study loans and career training student loans

10, 15 years

Ascent considers those without established credit, as well as those who meet the minimum credit requirements but not the income or repayment requirements. In these cases, the lender looks at other factors like a borrower's school, program, graduation date, major, GPA, cost of attendance and Satisfactory Academic Progress (SAP).

Ascent offers MBA student loans ranging from 4.79% to 15.41% fixed-rate APR and from 7.84% to 15.95% variable-rate APR. These rates include a 0.25% autopay rate discount.

Undergraduate and graduate loans, health professions and PhD, Master’s loans

$2,001 minimum; maximum up to $200,000 for undergraduate loans; up to $400,000 for graduate loans

5, 7, 10, 12, 15, 20 years

SoFi offers MBA student loans ranging from 3.99% to 14.83% fixed-rate APR and from 5.74% to 15.86% variable-rate APR. Its refinancing rates are 5.24% to 9.99% fixed-rate APR and 6.24% to 9.99% variable-rate APR. These rates all include a 0.25% autopay rate discount.

Undergraduate and graduate loans, parent loans, health professions loans

$5,000 minimum (or up to state); no maximum

5, 7, 10, 15, 20 years

How to get an MBA student loan

To get an MBA student loan, first apply for financial aid and federal student loans by filling out the Free Application for Federal Student Aid ( FAFSA ). This form will also indicate grants, work-study programs and scholarships you may be eligible for. Federal student loans don't take into account your credit, offer pretty low fixed rates and have borrower protections that private lenders do not. If you're currently working, see if your employer has a company-sponsored program to help you foot the bill of business school.

For any financial gaps you have after doing the above, you can consider getting funding from a private lender on this list. Those with good credit will have a better chance at scoring an interest rate on the lower end of the ranges they offer, and you'll often find that the fixed rates are lower than the variable rates lenders advertise.

How to choose an MBA student loan

To choose an MBA student loan, compare the rates offered, as well as funding limits and loan terms. You'll also want to see if the private lender has made public their credit score and/or minimum income requirements to see if you qualify. You may want to consider getting a creditworthy co-signer to sign onto your loan and increase your odds of a better interest rate.

Can you take student loans for an MBA?

You can take out student loans for an MBA. First start by seeking out federal student loans, which are issued by the U.S. Department of Education. For graduate students, your federal student loan options are Direct Unsubsidized Loans and Direct PLUS Loans. If you still need financing afterward, consider private student loan lenders like those on this list.

Is it worth taking out a loan for an MBA?

It can be worth taking out a loan for an MBA since a business degree can help you advance in your career and earn a higher salary, as well as make you more marketable. It's generally advised with all student loan debt, however, to not take out more than you'll earn immediately after graduation.

Can MBA students get financial aid?

MBA students can get financial aid through the FAFSA. Also, many MBA programs will offer their own merit- and need-based scholarships to students.

What is the interest rate for MBA loans?

The current interest rates on federal student loans for graduate students are as follows: Direct Unsubsidized Loans are 7.05% fixed and Direct PLUS Loans are 8.05% fixed. The interest rates for private MBA student loans, however, vary greatly depending largely on your credit score and whether you choose fixed or variable.

Why trust CNBC Select?

At  CNBC Select , our mission is to provide our readers with high-quality service journalism and comprehensive consumer advice so they can make informed decisions with their money. Every student loan review is based on rigorous reporting by our team of expert writers and editors with extensive knowledge of student loan products. While CNBC Select earns a commission from affiliate partners on many offers and links, we create all our content without input from our commercial team or any outside third parties, and we pride ourselves on our journalistic standards and ethics. See  our methodology  for more information on how we choose the best MBA student loans.

Money matters — so make the most of it. Get expert tips, strategies, news and everything else you need to maximize your money, right to your inbox.  Sign up here .

Our methodology

To determine the best MBA student loans, CNBC Select compared private student loan funding from national banks, credit unions and online lenders. We narrowed down our ranking by only considering those that offer competitive student loan rates and prequalification tools that don't hurt borrowers' credit.

While the companies we chose in this article consistently rank as having some of the market's lower interest rates for business school loans, we also compared each company on the following features:

• Broad availability: All of the companies on our list offer undergraduate and graduate private student loans, and they all offer variable and fixed interest rates to choose from.
• Flexible loan terms:  Each company provides a variety of financing options that borrowers can customize based on their monthly budget and how long they need to pay back their student loan. Each company also allows borrowers to start repaying their student loans while still in school, ultimately saving them money.
• No origination or signup fee: None of the companies on our list charge borrowers an upfront "origination fee" for taking out their loan.
• No early payoff penalties:  The companies on our list do not charge borrowers prepayment penalties for paying off loans early.
• Streamlined application process:  We made sure companies offered a fast online application process.
• Autopay discounts:  All of the companies listed offer an autopay interest rate discount.
• Private student loan protections: Each company on our list offers some type of financial hardship protection for borrowers.
• Loan sizes:  The above companies offer private student loans in an array of sizes, all the way up to the cost of college attendance. Each company advertises its respective loan sizes, and completing a preapproval process can give borrowers an idea of what their interest rate and monthly payment would be.
• Credit requirements/eligibility: We took into consideration the minimum credit scores and income levels required if this information was available.
• Customer support:  Every company on our list provides customer service available via telephone, email or secure online messaging. We also opted for lenders with an online resource hub or advice center to help borrowers educate themselves about student loans in general.

We also considered CNBC Select audience data when available, such as general demographics and engagement with our content and tools.  

Note that the rates and fee structures for private student loans are not guaranteed forever; they are subject to change without notice and they often fluctuate in accordance with the Fed rate. Choosing a fixed-rate APR will guarantee that one's interest rate and monthly payment will remain consistent throughout the entire term of the loan.

A borrower's interest rate depends on their credit score, income, debt-to-income (DTI) ratio, savings, payment history and overall financial health. To take out private student loans, lenders will conduct a hard credit inquiry and request a full application, which could require proof of income, identity verification, proof of address and more.

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