Did you know that the United States produces over 90,000 MBA graduates per year ? And the United Kingdom, the second largest producer , produces over 10,000 MBA graduates per year ? Maybe you are enrolled in an MBA you think, but discovered that , in fact, almost everyone works with also an MBA ? In fact, you could say that the MBA has become a victim of its own success. This is no longer the MBA a passport to promotion and financial success - is now the minimum entry requirement for the company .
In a survey conducted by the Association of MBA 1300 respondents suggested that the reason he took an MBA is as follows: For a business qualification (82%) , improve employment opportunities (79% ) for intellectual stimulation ( 70%) , increase salary ( 67%) for general competencies (64% ) to change the direction of travel (61%) , and increase self-confidence (52%) . Unfortunately , many graduates discover that opportunities to increase their wages or better employment opportunities after graduation will not be realized . In fact, the significant costs associated with taking an MBA should be struck that companies do not see the MBA as a particular advantage on experience or other qualifications.
Enter the Doctor of Business Administration ( DBA) . The DBA is a professional qualification which is designed to enable professionals who already have an advanced degree such as an MBA to extend their learning and contribute to the body of knowledge in your area of practice. Since the DBA is a practical course that requires candidates to research an area of commercial practice generally offered as a course for part time practicing managers .
What is the difference between a DBA and a PhD ? The DBA is a doctorate designed for experienced professionals based on issues of research management . Contrary to the argument focuses on the development of new knowledge and theoretical perspectives. The DBA is widely recognized qualification equivalent to a PhD standing . As a State University LJM , "In short, a PhD contributes to knowledge, while a DBA makes a contribution to knowledge in practice, in both cases, and this new knowledge . " According to the University of Surrey , UK "The DBA is good for the business world today. often better received in business a PhD doctoral close . this is because the focus is broader and the thesis has practical basis for the research study . "
Typically , DBA is performed in two steps . The first is the education component consists of a series of modules business methodology and research to help the candidates to develop both a thorough knowledge of the business and an understanding of the research process at the doctoral level . This stage can last one or two years , and the candidate is usually required to produce and defend a research proposal. The second step is the research component for which the candidate is required to produce a work of original research, with an emphasis on applied knowledge in the workplace. It may take between two and four years. Some institutions allow candidates to produce three separate rather than a thesis points the three documents together and submitted for evaluation as work once completed. The related work is then sent to an external examination and viva ( defense). A candidate must be able to demonstrate the contribution of their research to the practice of management .
The DBA is offered by many universities around the world. However , choosing a course, it is important to make sure it is from a recognized university - look for the accreditation of European organizations such as EQUIS and EDAMBA or American AACSB . The application process usually involve the candidate can complete an application form and research proposal. The proposal will ensure that the University can monitor your field of business practice, an important consideration if you work in a very specialized field . You must also show that you have a basic understanding of the research process. There are already candidates should have an MBA or Master of Business equivalent and be able to demonstrate that they have experience of management at a higher level , or professional experience . It was hoped that non-native speakers of English to have a level of IELTS 7.0 or equivalent.
Therefore, the DBA is a natural progression for those who have completed their MBA . It is based on an MBA foundation and adds more . It is exclusive and very few managers to have one. Accordingly, the Doctor of Business Administration is to replace the MBA as the 'must have' qualification in corporate life - and unlike the invisible MBA , which lets you "Doctor" on his business card ! What better way to stand out from the crowd?
