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Can You Do a PHD After an MBA? Pros and Cons.

As an MBA graduate, I considered whether to obtain a more specialized degree or go for any job in the very tough job market. I thought about Ph.D. too. Here I lay out my thoughts based on experience and research I made for myself on this topic. 

You can do a Ph.D. after MBA, but it is unnecessary for a solid career in business. Ph.D. after MBA may provide a valuable leverage tool for your scientific job if you want to go deeper into any field of science, including technical or social science.

In most instances, you obtaining a Ph.D. after MBA does not make sense. But in a few cases, Ph.D. after MBA may offer new opportunities. Let us analyze below when receiving a Ph.D. after MBA may make sense at all.

Is MBA higher than a Ph.D.?

MBA is a master’s degree, while a Ph.D. is a doctorate. Ph.D. is a higher degree than MBA. Therefore, some MBA students or graduates may decide to take their education to the next level and go into a Ph.D. program. 

Does a Ph.D. guarantee a job?

Here are the negatives if you do Ph.D. after MBA. Having MBA and Ph.D. alone will not necessarily make you more employable. It may limit your employment options to a narrow field. Choose carefully. And being a Ph.D. means that you will be overqualified for most starting positions in the industry (with a caveat, read below). 

Secondly, MBA and then Ph.D. on your CV may raise many flags if you decide to change your career or industry in the future. The sooner you want to change your career, the worse it will look. The question would be: “you did your MBA, then you did your Ph.D. after an MBA…do you know what you are doing?”

A ph.D. is not necessarily helpful for a career. Some people go for Ph.D. because they want to become professors teaching classes in universities. But professor jobs are scarce, and with lower college enrolments, it is becoming increasingly hard to find a teaching job. In short:  YOU WILL NOT FIND A TENURED PROFESSOR JOB AFTER Ph.D. ANYMORE . Hopefully, I made that clear enough. 

On the other hand, PhDs may be valued by different exiting or emerging educational institutions, including those private ones, providing online programs or courses. 

In my humble opinion Ph.D. often should be pursued in the area in which you have a strong urge and desire to work for the next couple of decades doing research. 

Because getting a Ph.D. is quite a pain, it takes years, and you will be grossly underpaid while doing it. I would also look at the demand for specialists in the respective field of your Ph.D. 

Getting into a top Ph.D. university program is challenging. Often, they require terminal degrees like MSC, MA, MS rather than MBA. Therefore, instead of Ph.D. MBA graduates may go for a DBA and still get into corporate world management after that. 

Still, PhDs can get a job in the industry because they have a solid reputation as research and analysts.  

I suggest that if you decide to pursue Ph.D., make sure that your field of research is congruent with your previous MBA degree, other education, work, or relevant experience valuable to a potential employer. Congruency will bind everything together nicely, total leverage. 

But read on to find out which Ph.D. I think it may be helpful in your career. Please do not take my word for it, as I believe the global economy is changing rapidly. Yet, I see some strong trends that are likely to continue for decades ahead, presenting some viable Ph.D. career options. 

Note that academia is saturated, and even PhDs have a hard time finding academic jobs. Said that Ph.D. could take even a master’s level position or other senior position in the industry if his or her Ph.D. area is a good match.

If you decide to obtain Ph.D. after MBA, then I suggest choosing a topic that can have practical application in the industry for better transition and good pay. 

There are many practical fields for Ph.D. after MBA. 

Which Ph.D. after an MBA may be a good option?

Ph.D. is a heavily research-oriented degree. By researching, a Ph.D. student divulges very deep into the narrow topic, like in a rabbit hole, and becomes a super-expert in that topic. 

Thus, selecting a Ph.D. topic for future employment is a significant decision for an MBA student. Because you already have spent 2-4 years getting an MBA degree. Now, what will 5-6 years of Ph.D. give you at this point?

I think Ph.D. is an excellent choice for those MBA’s who want to go into science. Ph.D. makes a person quite employable in science, especially if that science field is related to MBA or previous work or educational experience. 

Note, when I say science, in addition to natural sciences, I also mean new types of science. That includes fields like data science, or AI or machine learning, social science. 

If you check any major job site, it will tell you a complete story about whether it makes sense to get your Ph.D. after MBA. For example, MBA in finance, economics, or statistics from a reputable business school plus a Ph.D. in finance, economics, statistics, or mathematics may help you find an exciting position in one of the major league financial institutions, hedge funds, or banks. Why? Because these fields are practical rather than purely theoretical.

Ph.D. after MBA Specific Examples

If you are keen on coding and have some programming or engineering background, and as an MBA, you want to switch into a niche of machine learning or AI in business industries, you may get your Ph.D. in AI or machine learning. That still can get you hired in the financial sector if you want because the financial sector uses AI and machine learning a lot these days. 

MBA in finance, economics, or accounting, coupled with a Ph.D. in AI or machine learning, may present you as a valuable candidate in the modern digital high-tech world of finance and the business field generally. 

Recruiters are pretty mechanical sometimes. They see MBA on top of the relevant work experience and assume you can potentially hold a managerial position far from the truth.

Note that you will need a programming work background and a Ph.D. in those tech areas if you want to go this route. But salaries can be pretty lucrative – in hundreds of thousands of dollars per year. 

If you type “Ph.D.” and “MBA” in a search field on any major job search engine (site), you will see that some positions show a preference for someone with an MBA and Ph.D. in some analytical or quantitative field. 

You will see demand in some quite exotic narrow fields like revenue science or equity research, social science. Often positions require natural science or programming-related Ph.D., but there is a fair share of those require Ph.D. in either quantitative or business topics. Hence, let us see which type of Ph.D. is better for MBA students. 

Does it help to obtain a business-related Ph.D. after MBA?

Obtaining a business-related Ph.D. after an MBA may provide some value for those who want to go deeper into research or teaching in the business area. For example, a Ph.D. in organizational behavior management may help you land a job in fields anywhere from social science to HR. 

MBA + Ph.D. in economics or finance with quantitative aspect may land you an analytical or lead job in a significant financial institution or international organization. But note that PhDs in economics and finance maybe a little bit saturated in the job market. 

Actuarial sciences or accounting fields also hire PhDs. Check your local job search engine for details. 

I have heard that Ph.D. in accounting is a relatively undersaturated area, and companies are happy to hire accounting PhDs with accounting work experience. Underlying MBA in such a case may be an excellent background addition to a resume showing managerial ability. 

I have also heard about companies hiring PhDs in Global Leadership and Change, for example. I am not sure what their practical managerial work background was, but it must have been extended for such a position. Ph.D. was likely just significant leverage on his or her CV. 

Other areas of potential employment and thus Ph.D. research topics can include business development, business strategy, strategy management, competitive intelligence, and more. 

If you have read some of my other blog posts related to business education, you probably noticed that I am a proponent of practical, specific, education which gives specific tangible skills. 

That is why I am a proponent of going deeper into quantitative areas of education. Quantitative are very transferrable skills. Smart, introverted people with quantitative skills may have a better shot at a fascinating, well-paying analytical job.

Other avenues for MBA and Ph.D. holders

For example, have you heard of such an exotic path as quantitative marketing? Now you did. Marketing analytics can involve quite a bit of calculation and data mining. Ph.D. in quantitative marketing after MBA can land you a job in a financial, economics, or marketing type of position, just because of the quantitative aspect of that type of Ph.D. 

Note that many quantitative Ph.D. programs in reputable institutions require quantitative background or education. For example, Ph.D. in finance may require a background MBA in finance, economics, or mathematics.

Did you know that social science is considered a STEM area? I found at least one position requiring a Ph.D. in social science with MBA.

The most important note is that you must LOVE the subject or broad field of your Ph.D. Otherwise, it does not make sense to pursue one because you will drop out anyway. 

One major caveat for obtaining a Ph.D. after MBA is that employers quite often also want multi-year practical work experience in a related area. Therefore, seeking valuable work experience is a better strategy than obtaining a Ph.D. after MBA. But everything has its exceptions, especially for quantitative types of jobs.  

Here is an excellent video by the Ph.D. professor about the pros and cons of doing a Ph.D. after an MBA.

How long to get a Ph.D. after an MBA?

On average, Ph.D. after an MBA takes 4-5 years to complete. 

Conclusion.

If you want to obtain Ph.D. after MBA, then you need to think it through. I mean, you must be a thinker and researcher at this point. Check job sites, talk to your professors, other students. See what they say about potential opportunities for MBA/PhDs. 

Would I do it? Probably not. Unless it would be a heavily quantitative area with potential practical industry application in finance or technology, if anything, I would instead go for a specialized MS in the subject area related to MBA or technology. 

But that is only my 5 cents. Your goals may be different. 

Some sources .

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Why a Doctorate in Business Administration Is Becoming More Valuable

Sponsor content from upGrad.

can i do phd in statistics after mba

At the turn of the 20th century, the world was industrializing at a rapid pace. Businesses were growing larger and more complex, with more employees working in more diversified divisions spread across more geographical boundaries.

As a result, demand grew for people who had special training in managing the general operations of a business, which led to the creation and proliferation of the Master of Business Administration (MBA) degree.

More than 100 years later, MBAs have become a commodity that no longer serve organizations’ core needs.

In today’s age of data and information, knowledge has become the most valuable resource. Companies don’t necessarily need more general managers who can assess broad patterns across multiple industries—they need people with deep expertise in specific domains who can analyze data and generate unique insights that lead to better business decisions.

That’s why Doctorate in Business Administration (DBA) holders are becoming increasingly valuable in the modern workplace.

DBA is a professional degree representing the highest level of qualification in management. In contrast to an MBA, it takes students on a different path toward acquiring and using business knowledge.

For an MBA, students spend two years taking a broad range of practical courses to learn about several pillars of business—such as accounting, finance, marketing, leadership, operations, strategy, and ethics—to help them become effective leaders across many industries.

By contrast, DBAs spend up to two years studying academic literature across several domains and up to two additional years designing and executing an original research project: a dissertation focused on one domain. The primary goal of a DBA is to produce scholarly individuals who have deep expertise in a field of management.

When seeking executive-level positions, DBAs’ “Dr.” titles are likely to help them stand out from their peers. DBAs can also pursue high-level positions in areas such as consulting by becoming subject-matter experts—or maintain ties with academia as full-time or adjunct professors.

DBAs’ training gives them diverse career options. The academic literature they read gives them expertise in understanding management theories that can help them analyze real-world situations and differentiate the signal from the noise. A DBA specializing in innovation can assess whether newcomers to a market pose a credible threat as a disruptive innovation to an existing company.

Students then learn advanced scientific techniques in quantitative and/or qualitative methodologies, which trains them in analyzing data to generate valid inferences that their organizations can use for decision-making purposes. Rather than relying on gut feel and graphs, DBAs can use powerful techniques such as sampling data to reduce bias, using statistical regressions to identify the strongest factors that influence an outcome, or designing an experiment to gain 100% certainty over the causal relationship between variables.

Finally, DBAs combine their business knowledge with analytical skills to design and execute original research studies, making them the world’s leading experts in particular domains.

DBAs also stand out because they represent only 2% of all people who hold higher degrees in business. In 2021, more than 250,000 students graduated with MBAs or specialist degrees in business; only 5,000 graduated with doctorates.

While a DBA may represent an attractive option that can be highly valuable to organizations today, they are not necessarily recommended for everyone.

To help you determine whether a DBA is right for you, the most important question to ask yourself centers on whether you’re satisfied with the tools and frameworks you use to analyze data and information to make important business decisions. If you’ve ever found yourself wondering where these frameworks come from—or whether there might be a better way to make decisions—consider applying to a DBA program. These programs are designed to channel deep intellectual interests and passions toward producing business knowledge that’s both theoretically novel and practically relevant.

DBA training may help you develop deeper knowledge than an MBA program will while opening doors to more ambitious careers in industry or academia. While MBA degrees are designed to meet the needs of 20th-century businesses, DBAs can help meet the needs of organizations today—and well into the future.

Learn more about how earning a DBA can help you step up your career.

can i do phd in statistics after mba

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Is It Necessary to Get a PhD After MBA?

Is It Necessary to Get a PhD After MBA

Blog Summary

A PhD in management enables you to gain a competitive edge, hone your skills, network with industry professionals and students worldwide, become a scholar and move up the career ladder. You can specialize in accounting, economics, marketing, finance, ethics and legal studies, healthcare management, etc. PhD in management helps you pursue jobs like a management consultant, professor, policy analyst, CEO and organizational change manager. The online programs from TSL-UCN adopt advanced teaching methodologies to improve your learning capacity, an international curriculum with global recognition, experienced faculty, mentors and academic heads, access to extensive learning resources and guidance for dissertation. Gain proficiency to become an excellent decision maker and thought leader.

MBA has been a gold standard for business and management professionals to seek for a long time. But, is there any degree that would add more value to an MBA graduate ? Have you ever thought of a PhD after MBA ?

Yes, you can take your career a step further in the world of business and management by enrolling yourself in a PhD in management . Whether pursuing a role in academics, research, or simply adding more value to your resume, a PhD in management would be an indispensable qualification one can undertake. If you are wondering what you would gain by enrolling in a PhD after MBA , keep reading.

Importance of Business Leaders in Africa

Africa has always had the potential to become the next global super continent, and the day of success is yet to come. Strong business leaders and innovators are pivotal in the growth of any country. One cannot overstate the importance of good leaders as they will utilize the resources and human potential to churn out productivity and goodwill. With nearly 420 million youth aged 15-35 from over 54 countries. One-third are still unemployed. It is estimated that almost 10 million managers must manage these working-class people to effectively improve the continent’s growth.

With rising global needs and the need to reduce reliance in a single country, many multinational conglomerates are looking to base on other countries to diversify their dependence. Good leaders are needed now more than ever to run these companies and suffice the mutually beneficial opportunities.

Solution: A PhD in Management

A PhD in management is a pathway to specialization or even sub-specialization, depending upon the candidate’s MBA. PhD after MBA would allow professionals to tackle specific research areas and answer questions with the potential relevance to the business world. Here are some of the fields of PhD after MBA specializations:

  • Decision and analysis sciences
  • Ethics and legal studies
  • Entrepreneurship
  • Organizational behavior
  • Health care management
  • Human resource
  • Operations research and management
  • Information technology management

Business schools are always in need of highly qualified and tenured business professionals who have a PhD. They require them to engage in research as their school rankings are highly influenced by the number of PhD-qualified faculty. Though a PhD in management is sought after by those interested in an academic or a research career, it is also beneficial to other business and management sectors.

Why Should You Consider a PhD After MBA?

Now you know that you can pursue a PhD after MBA now. You might ask us what the benefits of PhD are after MBA. In that case, let us explain as there are various benefits of PhD after MBA.

  • Gain a Competitive Edge over Your Peers

Be it an on-campus or an online PhD in management degree ; it becomes an immediate marketable qualification that will give you a competitive edge among your peers in the modern workforce. A PhD will add a layer of credibility which bolsters your expertise in the eyes of a potential or your current employer. A PhD will also help you achieve your career goals irrespective of teaching, research, consulting, or anything else entirely.

  • Hone Your Skills and Specialize

With a PhD in management , candidates will be able to hone in on their skills and specialize in the field they are interested in. The degree can also empower you to impact your current role by giving you expertise outside of your organization by providing research projects that may tackle various aspects in other industries. The time and the vast opportunities at hand will allow candidates to define themselves as they see fit.

  • Meet Role Models and Network with Specialists

While pursuing a PhD in management , you will have the chance to meet and interact with many industry professionals with similar views, leading to many future collaborations and mutually beneficial business and academic endeavors.

Your classmates will also be your competition and colleagues in the future. Excellent opportunities will present themselves to you via academic conferences, which provide ideal opportunities to meet new like-minded professionals and scholars to expand your network.

  • Become a Scholar

Pursuing a PhD is the pinnacle of learning in any given discipline. Students often work with the fringes of understanding and develop on it for others. A PhD will allow one to truly become a thinking man’s scholar beyond the specific knowledge of the discipline, paving the way for other thinkers to lay their foundation in the future.

The scholarly works are not merely limited to transferable knowledge but also research that can transcend many lifetimes. One would write decorations, reviewing articles, and publish in your field’s journals. A PhD in management can aid you places you never conceived possible, advancing you as much a scholar in the most real sense.

  • Move up in the Career Ladder

As a PhD graduate, you get the chance to switch to different specialties and move up the career ladder if you are inclined. Many executive board level positions open up to specialized professionals who have the appropriate qualification and experience. Candidates will also serve as prominent consultants of the industry to help organizations develop a definitive well through strategy.

As one can see, the benefits of doing a PhD in management are in abundance; one only has many to gain by opting for a PhD in management as PhD management jobs in the academic and research sector are not the only options on offer to the graduates but also others such as;

Why Should You Consider an Online Management Course?

Online management courses have become the norm in recent times as more and more reputed business schools worldwide have started to offer online management courses for students worldwide.

One can also take up PhD courses in management online from your home’s comfort at a predefined flexible phase. Online PhD in management programs offer students a comprehensive program often based on in-class programs to help students get the most out of their sessions. The classes are set up as per the student’s agreed schedule and the board, allowing them to pursue their PhD in management courses without compromising their job or business.

Careers for Graduates with a PhD in Management

A doctoral degree program in management imparts several skills that can be utilized as a part of a corporate organization, autonomously as a consultant, or even working in the public policy field with the government or an NGO. These are a few of the jobs you might want to pursue following the completion of your program.

After completing your program, you will be well-equipped to become an instructor in the business or management field yourself. You could also enter the private market as a member of a company or as an external consultant brought in to improve processes.

  • Management Consultant

Companies seldom need to look for experts who can help them drive further success as they hire business consultants to collaborate with the organization to identify the appropriate business solutions. They may also build relationships with vendors and create programs that can meet a company’s business goals. Consultants can deal with various organizational issues. Still, they will routinely need to be both analytical in their approach to the data and collaborative in dealing with people.

  • Business Professor

Business professors work at university level business schools and are typically expected to lecture students in their area of expertise. Professors are also often called upon to perform their independent research to publish in academic journals. A PhD in Management qualifies an individual for instructing students in business at the college level through lectures and the development of appropriate exercises, and the use of regular assessments.

  • Policy Analyst

Some of the skills acquired as a part of doctoral work in management are transferable to the public policy field, like data analysis and setting business policies. As a policy analyst, you will be tasked to review, collaborate, and provide feedback with policies and aid in developing new proposals. This role requires analysts to perform an in-depth analysis of both quantitative and qualitative data during policy development.

  • Chief Executive Officers

Developing strategic plans for organizations is the prime purpose of the executives. These professionals consider the time required to implement change, the processes involved, and the overall costs. Executives also oversee various departments and cultivate positive relationships throughout the organization to enhance performance.

One of the advantages of the doctorate in management is the ability to enter a wide variety of fields after completing your program. This flexible degree suits both the independent-minded who want to act as consultants or prefer a consistent corporate environment.

  • Organizational Change Manager

Many organizations are now hiring change managers. These professionals are innovators who analyze and implement practical and critical organizational changes to improve the business. Change managers are also responsible for helping transition an organization to a new process, technical system, or an entirely new business model.

These professionals are accountable for researching, planning, and implementing a variety of changes. Usually, they organize critical meetings composed of organizational leaders and present their findings backed up by factual research data outlining the benefits the organization will receive if they proceed with the change.

Feasible Online PhD in Management for Working Professionals

In an academic partnership with the University of Central Nicaragua, Taksha Smartlabz (TSL-UCN) offers an acclaimed online PhD in management. This online PhD course is provided on a par with the regular program. It blends online learning flexibility, coupled with hands-on training to help students meet their professional goals and grow as a thought leader in your chosen field of work.

Why Choose Our Online PhD in Management Course?

Choosing our online PhD in management course is a solid decision on any front. Learn more by reading further:

  • The program is crafted to help students develop both professional and personal skills.
  • More emphasis is given to developing enhanced scholarly skills through research, publishing articles, and book reviews.
  • TSL-UCN utilizes and implements various new teaching methodologies and tools that will enhance the student’s learning capacity and abilities.
  • Gain the proficiency to become an excellent decision-maker and a thought-leader.
  • TSL-UCN offers a well-structured, international standard curriculum that is internationally recognized.
  • A unique, well-thought-out block-based learning methodology known as BRICS-backed up by a state-of-the-art learning and management system.
  • Complete the PhD courses in management with ease with the support of our highly experienced global faculty, student mentors, and academic heads.
  • Access to a complete repository of course and supporting materials accessible virtually anywhere or anytime.
  • Students are also offered thesis and dissertation support as well as access to e-journals throughout their program duration.

With that, we hope that you now will be able to see what’s next after an MBA and how it can be valuable to your career as a business and management professional. Good luck!

Become a Business & Management Professional

Enroll PhD in Management at Taksha Smartlabz in association with the University of Central Nicaragua and make your career growth

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can i do phd in statistics after mba

Is it Possible to Get My PhD After My MBA?

MBA graduate contemplating PhD degree

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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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  .

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Doing A PhD After MBA

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. After MBA or Management

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.

Ph.D. After MBA or Management

  • 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:

Harvard University, US Pacific States University, US
Technical University of Munich, Germany INSEAD, France
Robert Gordon University, UK University of Wales, UK
Southern Illinois University, US ISEG, Portugal
Taylor’s University, Malaysia Heidelberg University, Germany
Alliant International University University of California- Berkeley

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.

Ph.D. in Management

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.

PhD in Statistics

Program description.

The Ph.D. program in statistics prepares students for a career pursuing research in either academia or industry.  The program provides rigorous classroom training in the theory, methodology, and application of statistics, and provides the opportunity to work with faculty on advanced research topics over a wide range of theory and application areas. To enter, students need a bachelor’s degree in mathematics, statistics, or a closely related discipline. Students graduating with a PhD in Statistics are expected to:

  • Demonstrate an understanding the core principles of Probability Theory, Estimation Theory, and Statistical Methods.
  • Demonstrate the ability to conduct original research in statistics.
  • Demonstrate the ability to present research-level statistics in a formal lecture

Requirements for the Ph.D. (Statistics Track)

Course Work A Ph.D. student in our department must complete sixteen courses for the Ph.D. At most, four of these courses may be transferred from another institution. If the Ph.D. student is admitted to the program at the post-Master’s level, then eight courses are usually required.

Qualifying Examinations First, all Ph.D. students in the statistics track must take the following two-semester sequences: MA779 and MA780 (Probability Theory I and II), MA781 (Estimation Theory) and MA782 (Hypothesis Testing), and MA750 and MA751 (Advanced Statistical Methods I and II). Then, to qualify a student to begin work on a PhD dissertation, they must pass two of the following three exams at the PhD level: probability, mathematical statistics, and applied statistics. The probability and mathematical statistics exams are offered every September and the applied statistics exam is offered every April.

  • PhD Exam in Probability: This exam covers the material covered in MA779 and MA780 (Probability Theory I and II).
  • PhD Exam in Mathematical Statistics: This exam covers material covered in MA781 (Estimation Theory) and MA782 (Hypothesis Testing).
  • PhD Exam in Applied Statistics: This exam covers the same material as the M.A. Applied exam and is offered at the same time, except that in order to pass it at the PhD level a student must correctly solve all four problems.

Note: Students concentrating in probability may choose to do so either through the statistics track or through the mathematics track. If a student wishes to do so through the mathematics track, the course and exam requirements are different. Details are available here .

Dissertation The dissertation is the major requirement for a Ph.D. student. After the student has completed all course work, the Director of Graduate Studies, in consultation with the student, selects a three-member dissertation committee. One member of this committee is designated by the Director of Graduate Studies as the Major Advisor for the student. Once completed, the dissertation must be defended in an oral examination conducted by at least five members of the Department.

The Dissertation and Final Oral Examination follows the   GRS General Requirements for the Doctor of Philosophy Degree .

Satisfactory Progress Toward the Degree Upon entering the graduate program, each student should consult the Director of Graduate Studies (Prof. David Rohrlich) and the Associate Director of the Program in Statistics (Prof. Konstantinos Spiliopoulos). Initially, the Associate Director of the Program in Statistics will serve as the default advisor to the student. Eventually the student’s advisor will be determined in conjunction with their dissertation research. The Associate Director of the Program in Statistics, who will be able to guide the student through the course selection and possible directed study, should be consulted often, as should the Director of Graduate Studies. Indeed, the Department considers it important that each student progress in a timely manner toward the degree. Each M.A. student must have completed the examination by the end of their second year in the program, while a Ph.D. student must have completed the qualifying examination by the third year. Students entering the Ph.D. program with an M.A. degree must have completed the qualifying examination by October of the second year. Failure to meet these deadlines may jeopardize financial aid. Some flexibility in the deadlines is possible upon petition to the graduate committee in cases of inadequate preparation.

Students enrolled in the Graduate School of Arts & Sciences (GRS) are expected to adhere to a number of policies at the university, college, and departmental levels. View the policies on the Academic Bulletin and GRS website .

Residency Post-BA students must complete all of the requirements for a Ph.D. within seven years of enrolling in the program and post-MA students must complete all requirements within five years. This total time limit is set by the Graduate School. Students needing extra time must petition the Graduate School. Also, financial aid is not guaranteed after the student’s fifth year in the program.

Financial Aid

As with all Ph.D. students in the Department of Mathematics and Statistics, the main source of financial aid for graduate students studying statistics is a Teaching Fellowship. These awards carry a stipend as well as tuition remission for six courses per year. Teaching Fellows are required to assist a faculty member who is teaching a course, usually a large lecture section of an introductory statistics course. Generally, the Teaching Fellow is responsible for conducting a number of discussion sections consisting of approximately twenty-five students each, as well as for holding office hours and assisting with grading. The Teaching Fellowship usually entails about twenty hours of work per week. For that reason, Teaching Fellows enroll in at most three courses per semester. A Teaching Fellow Seminar is conducted to help new Teaching Fellows develop as instructors and to promote the continuing development of experienced Teaching Fellows.

Other sources of financial aid include University Fellowships and Research Assistantships. The University Fellowships are one-year awards for outstanding students and are service-free. They carry stipends plus full tuition remission. Students do not need to apply for these fellowships. Research Assistantships are linked to research done with individual faculty, and are paid for through those faculty members’ grants. As a result, except on rare occasions, Research Assistantships typically are awarded to students in their second year and beyond, after student and faculty have had sufficient time to determine mutuality of their research interests.

Regular reviews of the performance of Teaching Fellows and Research Assistants in their duties as well as their course work are conducted by members of the Department’s Graduate Committee.

Ph.D. Program Milestones

The department considers it essential that each student progress in a timely manner toward completion of the degree. The following are the deadlines for achieving the milestones described in the Degree Requirements and constitute the basis for evaluating satisfactory progress towards the Ph.D. These deadlines are not to be construed as expected times to complete the various milestones, but rather as upper bounds. In other words,   a student in good standing expecting to complete   the degree within the five years of guaranteed funding will meet these milestones by the much e arlier target dates indicated below.   Failure to achieve these milestones in a timely manner may affect financial aid.

  • Target: April of Year 1
  • Deadline: April of Year 2
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  • Target: Spring of Year 2
  • Deadline: End of Year 3
  • Target: Spring of Year 2 or Fall of Year 3 post-BA/October of Year 2 post-MA
  • Deadline: End of Year 3 post-BA/October of Year 2 post-MA
  • Target: end of Year 3
  • Deadline: End of Year 4
  • Target: End of Year 5
  • Deadline: End of Year 6

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DEPARTMENT OF STATISTICS AND DATA SCIENCE

Phd program, phd program overview.

The doctoral program in Statistics and Data Science is designed to provide students with comprehensive training in theory and methodology in statistics and data science, and their applications to problems in a wide range of fields. The program is flexible and may be arranged to reflect students' interests and career goals. Cross-disciplinary work is encouraged. The PhD program prepares students for careers as university teachers and researchers as well as research statisticians and data scientists in industry, government and the non-profit sector.

Requirements

Students are required to fulfill the Department requirements in addition to those specified by The Graduate School (TGS).

From the Graduate School’s webpage outlining the general requirements for a PhD :

In order to receive a doctoral degree, students must:

  • Complete all required coursework. .
  • Gain admittance to candidacy.
  • Submit a prospectus to be approved by a faculty committee.
  • Present a dissertation with original research. Review the Dissertation Publication page for more information.
  • Complete the necessary teaching requirement
  • Submit necessary forms to file for graduation
  • Complete degree requirements within the approved timeline

PhD degrees must be approved by the student's academic program. Consult with your program directly regarding specific degree requirements.

The Department requires that students in the Statistics and Data Science PhD program:

  • Meet the department minimum residency requirement of 2 years
  • STAT 344-0 Statistical Computing
  • STAT 350-0 Regression Analysis
  • STAT 353-0 Advanced Regression
  • STAT 415-0 I ntroduction to Machine Learning
  • STAT 420-1,2,3 Introduction to Statistical Theory and Methodology 1, 2, 3
  • STAT 430-1, 2 Probability for Statistical Inference 1, 2
  • STAT 440 Applied Stochastic Processes for Statistics
  • STAT 457-0 Applied Bayesian Inference

Students generally complete the required coursework during their first two years in the PhD program. *note that required courses changed in the 2021-22 academic year, previous required courses can be found at the end of this page.

  • Pass the Qualifying Exam. This comprehensive examination covers basic topics in statistics and data science and and is typically taken in fall quarter of the second year.

Pass the Prospectus presentation/examination and be admitted for PhD candidacy by the end of year 3 . The department requires that students must complete their Prospectus (proposal of dissertation topic) before the end of year 3, which is earlier than The Graduate School deadline of the end of year 4. The prospectus must be approved by a faculty committee comprised of a committee chair and a minimum of 2 other faculty members. Students usually first find an adviser through independent studies who will then typically serve as the committee chair. When necessary, exceptions may be made upon the approval of the committee chair and the director of graduate studies, to extend the due date of the prospectus exam until the end of year 4.

  • Successfully complete and defend a doctoral dissertation. After the prospectus is approved, students begin work on the doctoral dissertation, which must demonstrate an original contribution to a chosen area of specialization. A final examination (thesis defense) is given based on the dissertation. Students typically complete the PhD program in 5 years.
  • Attend all seminars in the department and participate in other research activities . In addition to these academic requirements, students are expected to participate in other research activities and attend all department seminars every year they are in the program.

Optional MS degree en route to PhD

Students admitted to the Statistics and Data Science PhD program can obtain an optional MS (Master of Science) degree en route to their PhD. The MS degree requires 12 courses: STAT 350-0 Regression Analysis, STAT 353 Advanced Regression, STAT 420-1,2,3 Introduction to Statistical Theory and Methodology 1, 2, 3, STAT 415-0 I ntroduction to Machine Learning , and at least 6 more courses approved by the department of which two must be 400 level STAT elective courses, no more than 3 can be approved non-STAT courses.

*Prior to 2021-2022, the course requirements for the PhD were:

  • STAT 351-0 Design and Analysis of Experiments
  • STAT 425 Sampling Theory and Applications
  • MATH 450-1,2 Probability 1, 2 or MATH 450-1 Probability 1 and IEMS 460-1,2 Stochastic Processes 1, 2
  • Six additional 300/400 graduate-level Statistics courses, at least two must be 400 -level

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Is it useful to do an MBA after PhD?

I have heard of people who have gone on to pursue an MBA after their doctorates. What are the advantages/downsides of this?

Wouldn't the companies recruiting them after MBA value their doctorate experience less compared to the experience gained at an MNC? Is there a risk of them being valued as "failed" doctorates?

  • graduate-school
  • business-school

Peter Jansson's user avatar

  • 6 MBAs and PhDs are two different things. If you want to run a business, do an MBA. –  Dave Clarke Commented Jun 1, 2012 at 8:24
  • It really depends on the degree and what you ultimately intend to do... What do you plan to get your PhD in, and how do you plan to use an MBA as part of your future plans? –  Paul Commented Jun 2, 2012 at 14:13
  • 1 Nature just had an article about it: nature.com/naturejobs/science/articles/10.1038/nj7523-523a –  Gimelist Commented Nov 4, 2014 at 22:39

4 Answers 4

There are several cases where PhDs do an MBA. Some of them are:

  • Bored of research as a whole.
  • Irritation with academia and poor scope in Industry.
  • Want to earn money.
  • For furthering responsibilities at the university where one is a professor. If you do some looking around, a high amount of Deans to have an MBA along with a PhD.

No degree ever goes waste. Most people with PhD and MBA acquire director positions in companies.

ayush's user avatar

  • 26 "no degree ever goes waste" [citation needed] –  JeffE Commented Jun 2, 2012 at 5:43
  • 1 "Most people with PhD and MBA acquire director positions in companies." That seems insanely hard to believe. –  xLeitix Commented Jan 4, 2014 at 16:07

A qualification regardless of level and field of study is never a waste, one needs to realize how to use it wisely and appropriately. As we navigate life we shift perspective and interests, our education choices therefore need to reflect this. Ph.D provides sound research focus, MBA provides sound business and leadership focus. The two combined is a great and electrifying combination.

Nontuthuko Mgabhi's user avatar

  • 4 A qualification regardless of level and field of study is never a waste — [citation needed] –  JeffE Commented Jan 3, 2014 at 17:08
  • @JeffE I can indeed think of many examples where a qualification was indeed a waste. However, a (good) MBA is not usually one of those cases. –  xLeitix Commented Jan 4, 2014 at 16:06
  • 2 Right. A good MBA is not one of those cases. But many (if not most ) MBAs are not good . –  JeffE Commented Jan 4, 2014 at 20:08

PhD = specialist in a subject, research skills, critical mind MBA = Broad generalist, management, problem solving

The focus and scope is not the same. Also like it was said most researchers who want to climb the ladder need to take the management track which often require an MBA. Put simply an MD is an MD but a hospital manager needs to be an MD and MBA.

Also to teach at a business school other than math or economics you normally need an MBA. Best is a Phd/MBA but while a lowly MBA can teach that is not usually the case for a PhD.

Reed -SE is a Fish on Dry Land's user avatar

  • If a person is smart they will market their experience during the acquisition of their PhD as also providing them with the problem solving and management skill sets. If you are going to be successful in research or business these are good things to have. –  ryetochondria Commented Nov 5, 2014 at 1:10

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can i do phd in statistics after mba

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Getting a PhD in Data Science: What You Need to Know

A PhD in data science prepares you for some of the most cutting-edge research in the field and can advance your career. But, whether you should pursue one depends on your own personal goals and resources. Learn more inside.

[Featured Image]:  A candidate for a PhD degree in Data Science, is sitting at her desk, working on her laptop computer.

A Doctor of Philosophy (PhD) is the highest degree that a professional can obtain in the field of data science. Focused primarily on equipping degree holders with the skills and knowledge required to conduct original research, a PhD prepares degree holders for advanced professional positions in both industry and academia. 

But, the path to obtaining a PhD is filled with many years of potentially costly study that can be discouraging to those looking for rapid career progression. Before jumping into a doctoral program, then, it’s important to define what your goals are and how a PhD may (or may not) fit into them. 

In this article, you’ll learn more about PhDs in data science, the different factors you should consider before joining one, and types of programs to consider. At the end, you’ll also find some suggested online courses to help you get started today. 

PhD in Data Science: Overview 

A Doctor of Philosophy (PhD) is the terminal degree in the field of data science, meaning it is the highest possible degree that can be obtained in the subject. Holding a PhD in data science, consequently, signals your mastery and knowledge of the field to both potential employers and fellow professionals. 

At a glance, here’s what you should know about a Data Science PhD: 

PhD vs. Master’s Degree in Data Science

There are two graduate degrees in the field of data science: a master’s in Data science and a PhD in Data Science. While both of these degrees can have a beneficial impact on your job prospects, they also have key differences that might impact which one is better for you. 

A Master’s in Data Science is a graduate degree between a bachelor’s and PhD, which usually takes between one and two years to complete. A master’s degree expands on what was learned in undergraduate school through more advanced courses in topics such as machine learning, data analytics, and statistics. Often, a master’s student in data science also pursues original research and completes a capstone project, which highlights what they learned in their program.

A PhD in Data Science is a research degree that typically takes four to five years to complete but can take longer depending on a range of personal factors. In addition to taking more advanced courses, PhD candidates devote a significant amount of time to teaching and conducting dissertation research with the intent of advancing the field. At the conclusion of their doctoral program, a PhD holder in Data Science will complete a dissertation representing a significant contribution to the field. 

Typically, bachelor’s degree holders entering a PhD program are able to earn their master’s degree as a part of their doctoral program. Those entering a master’s program, however, will usually have to apply for a PhD program even if it’s in the same department. 

Skills and curriculum 

Every PhD program is unique with its own requirements and focus. Nonetheless, they do have similar features, such as course, credit, and teaching requirements. To help you get a better understanding of how a doctoral graduate program in data science might be, here’s an example curriculum from NYU [ 1 ]: 

Complete 72 credit hours while maintaining a cumulative grade point average of 3.0 (out of 4.0) each semester.

Core courses in topics like probability, statistics, machine learning, big data, inference, and research. 

39 credit hours for elective courses in such topics as deep learning, natural language processing, and computational cognitive modeling. 

Complete teaching requirements.

Pass a comprehensive exam. 

Pass the Depth Qualifying Exam (DQE) by May 15 of their fourth semester. 

Complete all steps for approval of their PhD dissertation. 

Is a PhD in Data Science worth it? 

A PhD can open doors to new career opportunities and boost your employment prospects. But, it can also take a lot of time and money to complete. Everyone’s personal and professional goals are different, so consider these things when deciding if you should pursue a PhD in Data Science:  

Cost and time

The amount of time and money it takes to complete a PhD are perhaps the most concrete considerations one makes when deciding whether or not they should pursue a doctoral degree. According to research conducted by Education Data Initiative, the average cost of a doctorate degree is $114,300 and takes roughly four to eight years to complete [ 2 ]. 

The exact amount of time and money you might spend obtaining your doctoral degree will depend on your own circumstances and program. Before applying for a doctoral degree, make sure to review each program’s graduation requirements and costs, so you have a clear understanding of what you’re getting into. 

Data Science PhD salary 

While there are no official statistics on the salary gains data scientist earn by getting a PhD, the median salary for all data scientists is much higher than the national average in the United States. According to the U.S. Bureau of Labor Statistics (BLS), for example, the median salary for data scientists was $100,910 as of May 2021 [ 3 ]. 

Typically, the entry-level degree to get a data science position is a bachelor’s degree, meaning that even just an undergraduate degree could help you land a job that earns a higher than average salary. Nonetheless, a PhD will likely prepare you for more advanced positions that could offer higher pay than less specialized roles. 

Data Science PhD programs 

There are several types of doctoral programs that you might consider if you would like to obtain a PhD in data science. These include: 

PhD in data science online

An online PhD program may appeal to individuals who are interested in a more flexible program that allows them to complete their coursework at their own pace. Often, online programs can also be cheaper than their in-person counterparts, though they often offer less opportunities for networking and mentorship. If you’re an independent, self-starter looking for a program that can fit into their already busy life, then you might consider an online PhD program. 

PhD in data science in-person

An in-person PhD program is a more traditional, educational method in which you attend classes on campus with your peers and instructors. In addition to providing doctoral-level instruction, you will also have more opportunities to network and gain more personalized instruction than you will likely encounter through online programs. In-person programs tend to be more expensive and inflexible than in-person ones.

If you prefer real-world instruction, networking opportunities, and a more rigid structure, then you might consider an in-person doctoral program. 

Alternatives 

As an alternative to a PhD program, you might also consider obtaining a master’s degree. While covering some of the same material as a doctoral program, a master’s usually takes much less time and money to complete.

If you’re motivated primarily by the desire to boost your chances of landing a job and gaining financial stability, then a master’s degree program might better help you achieve your goals.

Learn more about data science 

Whatever your educational goals, data science requires extensive knowledge and training to enter the profession. To prepare for your next career move, then, you might consider taking a flexible online course through Coursera. 

The University of Colorado Boulder’s Data Science Foundations: Data Structures and Algorithms Specialization teaches course takers how to design algorithms, create applications, and organize, store, and process data efficiently. Their online Master of Science in Data Science , meanwhile, teaches broadly applicable foundational skills alongside specialized competencies tailored to specific career paths in just two years of instruction. 

Article sources

NYU Center for Data Science. “ PhD in Data Science, Curriculum , https://cds.nyu.edu/phd-curriculum-info/.” Accessed September 27, 2022. 

Education Data Initiative. “ Average Cost of a Doctorate Degree ,  https://educationdata.org/average-cost-of-a-doctorate-degree.” Accessed September 27, 2022. 

US BLS. “ Occupational Outlook Handbook: Data Scientists , https://www.bls.gov/ooh/math/data-scientists.htm#tab-1.” Accessed September 27, 2022. 

Keep reading

Coursera staff.

Editorial Team

Coursera’s editorial team is comprised of highly experienced professional editors, writers, and fact...

This content has been made available for informational purposes only. Learners are advised to conduct additional research to ensure that courses and other credentials pursued meet their personal, professional, and financial goals.

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The Whys & Hows of a PhD After MBA

The Whys & Hows of a PhD After MBA

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Before anything, what is your reason to do PhD after MBA (Getting to add Dr. before your name doesn’t count!)

A PhD after MBA should be purely based on your interests as it alters the career opportunities that come your way after that. If you had the option to choose between an MBA and MCom after graduation, you would know that the choice was really about a career in corporate management or in academic domain. This is similar, except with higher stakes.

It does not imply that going for a PhD post-MBA will close career opportunities in corporate avenues, but it will certainly shape your career to be better suited for an academic domain, and even your corporate job will have a research undertone to it, such as research analyst or business development consultant that business giants like McKinsey, Endava, Boston Consulting Group, Morgan Stanley, BlackRock Associates, Securities Exchange Commission and Ernst & Young hire.

This blog discusses everything you need to know about PhD options abroad after MBA and how is it a good career option for you.

A PhD or a doctor of philosophy is the highest degree available in any given field and a Doctoral degree in Management does not just give you a competitive edge over an MBA, but also the opportunity to explore boundaries of the subject and conduct original research relating to the management field. The study of management draws from disciplines such as economics, psychology, and sociology. These are interesting disciplines for researching key aspects of management, including organizational behavior, organizational theory and strategy.

What are the Eligibility requirements for a PhD after MBA?

Other than the requirement of holding an MBA degree, the rest of the eligibility criteria are:

1. A good IELTS/TOEFL score to prove your English language proficiency. 2. A GMAT / GRE score is a must, depending upon the university you plan to apply to. 3. Academic transcripts and two-three letters of recommendation are also necessary. 4. More often than not, an interview is conducted either physically or via a video call to assess the student’s ability. 5. Depending on the university, candidates might be required to have a research idea or two ready to present to the university while applying.

How much time does it take to complete a PhD?

A PhD course in Management or Business, on an average, takes around three to five years to complete. The duration of the program and PhD program structure varies depending upon the country and university you select to continue your studies. Usually, the first two years cover the complete coursework that is part of the PhD program.

From the third year on, candidates can devote their time to identifying and working on their research problem, collecting and analyzing data and writing their dissertation thesis. This will be followed by qualifying exams or seminars or thesis defense or combination of the three as a final part of their PhD.

Why pursue a PhD abroad?

PhD is advantageous even in India, but a PhD abroad is loaded with upsides. Many students opt for a PhD abroad because of the following reasons:

✔ Wide Variety of research interests and topics for dissertations to choose from. ✔ World-renowned program supervisors, who are specialists in their academic fields. ✔ Substantial Stipend or Tuition Waiver to PhD students that amounts to $15,000 to $30,000 as compared to 25,000 to 28,000 rupees (less than $384) per annum in India. ✔ Increased facilities and exclusive access to museums, sites, information centers, archives or equipment. ✔ A well-funded network of Public Universities offering a number of academic instructors allowing students to choose from. ✔ Elaborate coursework of two to three years before dissertation research, enabling students to get in-depth knowledge of the subject. ✔ Option for lab rotations for students in their first year to effectively decide the lab they want to do their dissertation work in. ✔ Broad network and increased opportunities for placements in the top firms.

Top PhD programs after MBA

There are plenty of doctoral dissertation areas which are considered to be immediately marketable assets furnishing you with a competitive edge in today’s workforce. Following is the list of top PhD programs post-MBA offered by world ranking universities:

1. Behavioral Science 2. Accounting 3. Economics 4. Management Science & Operations Management 5. Marketing 6. Financial Economics 7. Finance 8. Econometrics and Statistics 9. Accounting & Management 10. Business Economics 11. Health Policy (Management) 12. Management 13. Organizational Behaviour 14. Strategy 15. Technology & Operations Management.

What are the employment opportunities after PhD?

PhD abroad post-MBA is a booster pack that gets you some of the most well-reputed and high-salaried jobs in the world.

A majority of students take up lucrative teaching opportunities in B-schools globally. There are also other esteemed positions including research associate, investment analyst, managing director, senior marketing manager, human resource manager, marketing manager, data analyst, business development manager, associate, business analyst, team leader, consultant and financial economist, that many students go for.

If you are thinking of breaking into academics or want to upgrade your career with a PhD from top universities abroad, we can help. Just a 15-minute session with our admission consultant will help you iron out your worries and give you a clear cut roadmap to chart a course to your dream PhD program. It’s free and absolutely worth your time!

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Find the latest PhD in Business Analytics Programs

Alex Gurevich is the CEO of FinalStepMarketing, a full-service marketing and business consulting firm.

This guide is an overview of all of the opportunities available with a PhD in business analytics. It covers why professionals and students might pursue a PhD in business analytics, the usual steps or processes to get the degree, and potential outcomes or career paths.

For business purposes, professionals interested in executive-level or senior management positions in business analytics or operations might typically need only to obtain a master’s degree in a data-related area to reach their goal.

Ad techguide.org is an advertising-supported site. Clicking in this box will show you programs related to your search from schools that compensate us. This compensation does not influence our school rankings, resource guides, or other information published on this site. Got it! Featured Analytics Programs

School NameProgramMore Info
Grand Canyon University
Johns Hopkins University
Ohio University
Georgetown University

In most cases, a master’s would be a terminal degree for those seeking to reach the highest levels of management within a corporate setting.

But what of those looking for advanced careers outside the business world? Those interested in pursuing a career in business academics or research in big data analysis, data modeling, business forecasting, or operations might consider earning a PhD in business analytics.

Doctoral studies in this area will provide a deeper look at, among other areas, statistical analysis, data-driven decision-making, probability, and research theory.

Rather than focusing on applying business analytics concepts, a PhD in business analytics will provide more discussions on the “how’s” and “why’s” of this area of study:

  • How are data technologies used to make decisions?
  • Why are statistical analysis methodologies used to analyze data?
  • How is organizational software employed to improve databases and other business systems?

Since most individuals who pursue business analytics studies are of the mind to apply what they have learned in a corporate setting, how common are PhD in business analytics programs? In what format are such programs offered? How long might it take to earn such a degree, and how much might it cost?

These are among the questions you’ll find answered regarding the PhD in business analytics in the following article. There’s also a FAQs section at the end to cover other information, so you’ll come away with a thorough understanding of what you’ll learn, why you might consider such a program, and what you could expect to do career-wise with this PhD.

What is a Business Analytics PhD Degree?

Few schools offer a PhD in business analytics program, as the field is still emerging and developing. Of these, even fewer are dedicated business analytics programs; instead, many PhD in business analytics programs pair business analytics with other areas, such as operations and information systems.

You might find a few institutions offering data analytics or business intelligence as an area of specialization within the Doctor of Business Administration.

Concepts you are likely to study in a PhD in business analytics program include:

  • Data mining
  • Data analytics
  • Data structures
  • Applied statistics
  • Multivariate analysis
  • Applied optimization
  • Advanced decision technologies
  • Advanced programming techniques

Other subjects likely to be addressed in business analytics PhD programs include mathematics, operations management, and microeconomics. Some courses in a PhD program might be presented in a seminar format.

In contrast, others might give case study examinations to help students better understand the application of concepts discussed in the program. You can also expect to spend time analyzing and studying research methodologies and applying these to the research and development of a dissertation.

The dissertation process typically unfolds throughout the program. You would work closely with a dissertation coordinator or other faculty member as you conduct ongoing research, present a thesis proposal, develop a defense of that proposal, complete the written project, and present the dissertation. 

In some programs, you will be required to pass a comprehensive exam that could combine both written and oral formats; this exam is usually administered after completing your coursework and before the final two years of the dissertation process.

While some courses could be taken online, the dissertation might require regular meetings with a committee or advisor to develop your proposal, argument, and thesis.

In addition to business analytics, you might find doctoral programs in business administration or management courses in data science, data analysis, data mining, business intelligence, or operations that touch upon or delve into key points addressed in a PhD in business analytics program.

Best PhD in Business Analytics Degree Programs for 2024

Capitol technology university, drexel university, the university of iowa, the university of tennessee, knoxville, university of cincinnati, university of pittsburgh, university of south alabama.

These rankings were compiled from data accessed in December 2023 from Integrated Post-Secondary Education Data System (IPEDS) and College Navigator (both services National Center for Education Statistics). Tuition data was pulled from individual university websites and is current as of December 2023. If available, we also use additional criteria such as accreditation or designations by outside organizations or agencies.

Online PhD in Business Analytics Programs

PhD in business analytics programs are not conducted 100 percent online due mainly to the dissertation component of the program. Some schools, such as Capitol Technology University, might offer more online courses, while others could be fully on-campus. These programs are flexible, but the vast majority do require at least some in-person work. 

Ph.D. in business analytics programs are also typically full-time, four to five years in duration, so you should be prepared to devote the necessary time to complete these studies. In particular, completing the dissertation over the final two years of the program generally needs a full-time focus.

While these PhD programs certainly require much focus and dedication, completing a PhD in this field can certainly help an individual stand out since these programs are rare and challenging.

It can be expensive to obtain a PhD in business analytics, with tuition including fees ranging between $24,000 and $30,000+ per year. If applicable, factors impacting the costs include in-state or out-of-state residency and possible distance learning fees.

These tuition figures would not reflect the additional cost of room and board and any materials needed for coursework, which would vary between schools and locations. Application fees also apply and also vary among institutions.

Career Paths and Outcomes

If you are applying your advanced skills and knowledge in a business setting, you might have the opportunity to increase your earnings and responsibilities through career advancement.

According to statistics supplied by Salary.com , business analytics managers with a PhD could earn between $133,414 – $141,947 per year. Operations research analysts, who are involved in business analytics processes, are expected to be in demand throughout the next decade, with a 23 percent job growth projection according to the Bureau of Labor Statistics .

The BLS shows that these professionals earn a median annual wage of $85,720, with the upper ten percent realizing more than $149,000 annually. Those holding a PhD in business analytics might also consider pursuing work as a consultant.

As reported by the BLS, the projected job growth rate for all management analysts , including business analytics managers and management consultants, is 10 percent over the 2022-2032 decade.

This job growth rate is much faster than average, making it an appealing prospect for young professionals within the field. If a career in academics interests you, the BLS reports that post-secondary business teachers can expect an 8 percent increase in opportunities through 2032. As of May 2022, the median annual wage for post-secondary business teachers is $80,840.

Frequently Asked Questions

Since PhD in business analytics programs are not extremely common, it might be possible to find a related PhD program and align the research components with business analytics. Similar degrees include PhD programs in data science, big data analytics, business data science, management science, management analytics, operations, and information management, and business administration such as information and decision sciences.

Yes, a master’s degree in business is often required to enter this type of PhD program. You should also have a strong background in STEM-related subjects, possess strong computer and analytical skills, and be interested in learning about theory.

Some programs might require managerial experience before enrollment. You may also work in the field while obtaining your PhD, particularly before beginning your dissertation. Discussing potential employment or work experience with your prospective departments and programs is always advisable.

Most programs require at least a 3.0 GPA. As with many programs, the higher your GPA, the better your chances of getting accepted.

Yes, this PhD program is typically designated as a STEM program.

No, these programs are currently only full-time.

Related Resources

  • Data Science PhD Programs
  • PhD in Data Analytics Programs
  • Tech Degrees
  • PhD in Information Technology Programs
  • What is Business Analytics?

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The complete guide to getting into an economics PhD program

The math is easier than you might think.

Back in May, Noah wrote about the amazingly good deal that is the PhD in economics. Why? Because:

  • You get a job.
  • You get autonomy.
  • You get intellectual fulfillment.
  • The risk is low.
  • Unlike an MBA, law, or medical degree, you don’t have to worry about paying the sticker price for an econ PhD:  After the first year, most schools will give you teaching assistant positions that will pay for the next several years of graduate study, and some schools will take care of your tuition and expenses even in the first year. (See Miles’s companion post  for more about costs of graduate study and how econ PhD’s future earnings makes it worthwhile, even if you can’t get a full ride.)

Of course, such a good deal won’t last long now that the story is out, so you need to act fast! Since he wrote his post , Noah has received a large number of emails asking the obvious follow-up question: “How do I get into an econ PhD program?” And Miles has been asked the same thing many times by undergraduates and other students at the University of Michigan. So here, we present together our guide for how to break into the academic Elysium called Econ PhD Land:

(Note: This guide is mainly directed toward native English speakers, or those from countries whose graduate students are typically fluent in English, such as India and most European countries. Almost all highly-ranked graduate programs teach economics in English, and we find that students learn the subtle non-mathematical skills in economics better if English is second nature. If your nationality will make admissions committees wonder about your English skills, you can either get your bachelor’s degree at a—possibly foreign—college or university where almost all classes are taught in English, or you will have to compensate by being better on other dimensions. On the bright side, if you are a native English speaker, or from a country whose graduate students are typically fluent in English, you are already ahead in your quest to get into an economics PhD.)

Here is the not-very-surprising list of things that will help you get into a good econ PhD program:

  • good grades, especially in whatever math and economics classes you take,
  • a good score on the math GRE,
  • some math classes and a statistics class on your transcript,
  • research experience, and definitely at least one letter of recommendation from a researcher,
  • a demonstrable interest in the field of economics.

Chances are, if you’re asking for advice, you probably feel unprepared in one of two ways. Either you don’t have a sterling math background, or you have quantitative skills but are new to the field of econ. Fortunately, we have advice for both types of applicant.

If you’re weak in math…

Fortunately, if you’re weak in math, we have good news:  Math is something you can learn . That may sound like a crazy claim to most Americans, who are raised to believe that math ability is in the genes. It may even sound like arrogance coming from two people who have never had to struggle with math. But we’ve both taught people math for many years, and we really believe that it’s true. Genes help a bit, but math is like a foreign language or a sport: effort will result in skill.

Here are the math classes you absolutely should take to get into a good econ program:

  • Linear algebra
  • Multivariable calculus

Here are the classes you should take, but can probably get away with studying on your own:

  • Ordinary differential equations
  • Real analysis

Linear algebra (matrices, vectors, and all that) is something that you’ll use all the time in econ, especially when doing work on a computer. Multivariable calculus also will be used a lot. And stats of course is absolutely key to almost everything economists do. Differential equations are something you will use once in a while. And real analysis—by far the hardest subject of the five—is something that you will probably never use in real econ research, but which the economics field has decided to use as a sort of general intelligence signaling device.

If you took some math classes but didn’t do very well, don’t worry.  Retake the classes . If you are worried about how that will look on your transcript, take the class the first time “off the books” at a different college (many community colleges have calculus classes) or online. Or if you have already gotten a bad grade, take it a second time off the books and then a third time for your transcript. If you work hard, every time you take the class you’ll do better. You will learn the math and be able to prove it by the grade you get. Not only will this help you get into an econ PhD program, once you get in, you’ll breeze through parts of grad school that would otherwise be agony.

Here’s another useful tip:  Get a book and study math on your own before taking the corresponding class for a grade. Reading math on your own is something you’re going to have to get used to doing in grad school anyway (especially during your dissertation!), so it’s good to get used to it now. Beyond course-related books, you can either pick up a subject-specific book (Miles learned much of his math from studying books in the Schaum’s outline series ), or get a “math for economists” book; regarding the latter, Miles recommends Mathematics for Economists  by Simon and Blume, while Noah swears by Mathematical Methods and Models for Economists  by de la Fuente. When you study on your own, the most important thing is to  work through a bunch of problems . That will give you practice for test-taking, and will be more interesting than just reading through derivations.

This will take some time, of course. That’s OK. That’s what summer is for (right?). If you’re late in your college career, you can always take a fifth year, do a gap year, etc.

When you get to grad school, you will have to take an intensive math course called “math camp” that will take up a good part of your summer. For how to get through math camp itself, see this guide by Jérémie Cohen-Setton .

One more piece of advice for the math-challenged:  Be a research assistant on something non-mathy . There are lots of economists doing relatively simple empirical work that requires only some basic statistics knowledge and the ability to use software like Stata. There are more and more experimental economists around, who are always looking for research assistants. Go find a prof and get involved! (If you are still in high school or otherwise haven’t yet chosen a college, you might want to choose one where some of the professors do experiments and so need research assistants—something that is easy to figure out by studying professors’ websites carefully, or by asking about it when you visit the college.)

If you’re new to econ…

If you’re a disillusioned physicist, a bored biostatistician, or a neuroscientist looking to escape that evil  Principal Investigator, don’t worry:  An econ background is not necessary . A lot of the best economists started out in other fields, while a lot of undergrad econ majors are headed for MBAs or jobs in banks. Econ PhD programs know this. They will probably not mind if you have never taken an econ class.

That said, you may still want to  take an econ class , just to verify that you actually like the subject, to start thinking about econ, and to prepare yourself for the concepts you’ll encounter. If you feel like doing this, you can probably skip Econ 101 and 102, and head straight for an Intermediate Micro or Intermediate Macro class.

Another good thing is to  read through an econ textbook . Although economics at the PhD level is mostly about the math and statistics and computer modeling (hopefully getting back to the real world somewhere along the way when you do your own research), you may also want to get the flavor of the less mathy parts of economics from one of the well-written lower-level textbooks (either one by Paul Krugman and Robin Wells , Greg Mankiw , or Tyler Cowen and Alex Tabarrok ) and maybe one at a bit higher level as well, such as David Weil’s excellent book on economic growth ) or Varian’s Intermediate Microeconomics .

Remember to take a statistics class , if you haven’t already. Some technical fields don’t require statistics, so you may have missed this one. But to econ PhD programs, this will be a gaping hole in your resume. Go take stats!

One more thing you can do is research with an economist . Fortunately, economists are generally extremely welcoming to undergrad RAs from outside econ, who often bring extra skills. You’ll get great experience working with data if you don’t have it already. It’ll help you come up with some research ideas to put in your application essays. And of course you’ll get another all-important letter of recommendation.

And now for…

General tips for everyone

Here is the most important tip for everyone:  Don’t just apply to “top” schools . For some degrees—an MBA for example—people question whether it’s worthwhile to go to a non-top school. But for econ departments, there’s no question. Both Miles and Noah have marveled at the number of smart people working at non-top schools. That includes some well-known bloggers, by the way—Tyler Cowen teaches at George Mason University (ranked 64th ), Mark Thoma teaches at the University of Oregon (ranked 56th ), and Scott Sumner teaches at Bentley, for example. Additionally, a flood of new international students is expanding the supply of quality students. That means that the number of high-quality schools is increasing; tomorrow’s top 20 will be like today’s top 10, and tomorrow’s top 100 will be like today’s top 50.

Apply to schools outside of the top 20—any school in the top 100 is worth considering, especially if it is strong in areas you are interested in. If your classmates aren’t as elite as you would like, that just means that you will get more attention from the professors, who almost all came out of top programs themselves. When Noah said in his earlier post that econ PhD students are virtually guaranteed to get jobs in an econ-related field, that applied to schools far down in the ranking. Everyone participates in the legendary centrally managed econ job market . Very few people ever fall through the cracks.

Next—and this should go without saying— don’t be afraid to retake the GRE . If you want to get into a top 10 school, you probably need a perfect or near-perfect score on the math portion of the GRE. For schools lower down the rankings, a good GRE math score is still important. Fortunately, the GRE math section is relatively simple to study for—there are only a finite number of topics covered, and with a little work you can “overlearn” all of them, so you can do them even under time pressure and when you are nervous. In any case, you can keep retaking the test until you get a good score (especially if the early tries are practice tests from the GRE prep books and prep software), and then you’re OK!

Here’s one thing that may surprise you: Getting an econ master’s degree alone won’t help . Although master’s degrees in economics are common among international students who apply to econ PhD programs, American applicants do just fine without a master’s degree on their record. If you want that extra diploma, realize that once you are in a PhD program, you will get a master’s degree automatically after two years. And if you end up dropping out of the PhD program, that master’s degree will be worth more than a stand-alone master’s would. The one reason to get a master’s degree is if it can help you remedy a big deficiency in your record, say not having taken enough math or stats classes, not having taken any econ classes, or not having been able to get anyone whose name admissions committees would recognize to write you a letter of recommendation.

For getting into grad school, much more valuable than a master’s is a stint as a research assistant in the Federal Reserve System or at a think tank —though these days, such positions can often be as hard to get into as a PhD program!

Finally—and if you’re reading this, chances are you’re already doing this— read some econ blogs . (See Miles’s speculations about the future of the econ blogosphere here .) Econ blogs are no substitute for econ classes, but they’re a great complement. Blogs are good for picking up the lingo of academic economists, and learning to think like an economist. Don’t be afraid to  write  a blog either, even if no one ever reads it (you don’t have to be writing at the same level as Evan Soltas or Yichuan Wang );  you can still put it on your CV, or just practice writing down your thoughts. And when you write your dissertation, and do research later on in your career, you are going to have to think for yourself outside the context of a class . One way to practice thinking critically is by critiquing others’ blog posts, at least in your head.

Anyway, if you want to have intellectual stimulation and good work-life balance, and a near-guarantee of a well-paying job in your field of interest, an econ PhD could be just the thing for you. Don’t be scared of the math and the jargon. We’d love to have you.

Update:  Miles’s colleague Jeff Smith at the University of Michigan amplifies many of the things we say on his blog.  For a  complete  guide, be sure to see what Jeff has to say, too.

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Program Overview

Completing your doctorate at Wharton requires 5 years of full-time study. The first 2 years in the program prepare you for admission to candidacy by taking courses, qualifying exams, and starting research projects. In the last few years, you are primarily conducting research full-time including writing and defending your doctoral dissertation.

Admission to candidacy.

You begin by taking courses required for your program of study. All programs requires a preliminary exam, which may be either oral or written.

Some programs may have further requirements, such as an additional exam or research paper. If you enter with a master’s degree or other transfer credit, you may satisfy the formal course requirements more quickly.

Beginning the Wharton PhD Curriculum How the first two years of the Wharton program helped students discover their interests, learn the tools of the profession, and fuel their passion for teaching.

The Doctoral Dissertation

Upon successful completion of coursework and passing a preliminary examination, you are admitted to candidacy for the dissertation phase of your studies.

Your doctoral dissertation should contain original research that meets standards for published scholarship in your field. You are expected to be an expert in the topic you choose to research.

You are admitted to candidacy for the dissertation phase of your studies upon successful completion of coursework and passing a preliminary examination, but you can start thinking about and working on research of relevance at any time.

The dissertation process culminates with a “defense,” in which you defend the proposal orally before your dissertation committee.

While working on your dissertation, you interact extensively with Wharton faculty. Together with interested faculty, you create your own research community that includes your dissertation advisor and dissertation committee.

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can i pursue phd after online mba

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

College Vidya Team Dec 11, 2023 3.4K Reads

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

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

An Overview of Ph.D.

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

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

can i do phd in statistics after mba

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. 

PhD in Finance

PhD in Marketing

PhD in Operation Management

PhD in Organizational Behavior

PhD in Management Studies

PhD in Business Economics

PhD in Human Resource Management

PhD in Accounting

PhD in Information & Technology

PhD in Commercial Law

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.

IIT Madras

XLRI Jamshedpur

IIT Bombay

KIIT Bhubaneswar

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. 

Research Analyst

Management Consultant

Professor/Lecturer

Entrepreneur

Chief Financial Officer (CFO)

Chief Executive Officer (CEO)

Business Development Consultant

Academician

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. 

can i do phd in statistics after 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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Ph.D After MBA in India: Courses List, Eligibility, Duration, Career Scope

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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 in India: Courses List, Eligibility, Duration, Career Scope

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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MBA after PhD

dulingo

  • Updated on  
  • Jul 4, 2024

MBA after PhD

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

is a Generalist Degree.Ph.D. is a Specialist Degree.
MBA usually takes two year to complete full time.Ph.D. can take four years
MBA students will usually research a broad range of subjects.Ph.D. students will only focus on one subject.
MBA programs do offer some scholarships, but the total cost for this is undeniably quite high.Ph.D. programs on another hand can be cheaper, as major universities offer full scholarships for outstanding applicants.
The MBA program requires students to sit for exams like , . requires you to have an undergraduate or postgraduate degree, but you will not be expected to sit for any entrance exams.
MBA degree holders can have careers in both the academic and corporate sectors.Most Ph.D. graduates will enter into research or academic career.
It can be done in both offline and online mode.It can also be done in both online and offline mode.

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:

CAT 2024Likely Nov 2024
CMAT 202415th May 2024
MAT 202424 Feb to 25 Aug 2024
SNAP 2024December 2024
XAT 20247 January 2024
IIFT 2024TBD

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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    PhD after MBA allows people to work in the field of research in management, finance, or business, distinguishing them from other managers who only pursue an MBA. PhD after MBA in Management opens the door to becoming a professor at one of the world's top business schools, which is the most searched job. 4.

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    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.

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    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.

  23. MBA after PhD: Salary, Top Universities, Comparison

    MBA Vs PhD. Here is a table containing general differences between an MBA and a PhD. MBA. PhD. MBA is a Generalist Degree. Ph.D. is a Specialist Degree. MBA usually takes two year to complete full time. Ph.D. can take four years. MBA students will usually research a broad range of subjects.