can we do phd after mba

Is it Possible to Get My PhD After My MBA?

In academia, numerous accomplishments can be achieved. You can earn a dual degree and have expertise in multiple fields, or further your career potential by going back to school . But what about progressing from an MBA to a PhD? 

In regards to higher education, many consider earning a PhD, or doctorate degree, the pinnacle of success. Usually, due to passion for a particular industry or subject, a PhD candidate will spend years of rigorous research to unpack its intricacies and become a leading expert in the field.  At the end of their studies, they are able to finally see their work come to fruition when they receive their doctorate and join alongside other scholars. However, is it typical for an MBA graduate to move onto pursuing their PhD? And is there a specific purpose? Are there different types of PhD programs? What is the difference between a PhD and DBA?

To answer the budding question: yes, you can pursue your PhD after earning your MBA, and choosing to earn a doctorate is entirely up to you and your aspirations. To help you better understand if getting a PhD is the right choice, we look at the path an MBA graduate can take to earn their PhD, one of the higher purposes of a doctorate, and the different types of academic programs. 

What is a PhD, and What is it Used For? 

By definition, a PhD is a Doctor of Philosophy in a particular discipline, which is why it's also referred to as a doctorate. This focus is typically for individuals highly passionate about a specific subject matter, driven by the pursuit to understand it better through rigorous research. A majority of students seeking their PhD are eager researchers, although there are always exceptions, and each carries out years of highly intensive research to conclude their original thesis and earn their doctorate. 

In terms of translating your education into a career, a doctorate can be used in a plethora of fields, especially if one’s thesis is around a wider subject matter and can be a discipline applied to various industries (take organizational development, for example). For those who are passionate about a career in research, a doctoral degree is a perfect fit. Possibly the most popular field for those with a doctorate is a fruitful career in academia, teaching their subject matter to others interested in the same area. Many graduates become faculty members at business schools upon completing their PhD and provide their expertise to their students. Regardless of which industry you choose, you can be assured that a PhD will provide you with numerous opportunities. 

How Long Does it Take to Progress from an MBA to PhD?

The timeframe for earning your PhD can vary depending on program and location. Many countries have varying timelines of how long the completion of a doctoral program will take. In the United States, the average is around 4-5 years of completion after receiving your Master of Business Administration. 

Do You Need an MBA to Get a PhD?

To be accepted into a doctoral program, you must have a master’s degree. It does not have to be a Master of Business Administration, but it does need to be a master’s of some form. Depending on your area of specialization, it could be advantageous to earn your MBA in pursuit of a PhD if you are planning to embark on a career in business upon completion of your doctorate. Additionally, one important aspect to consider is the program itself. It is important to look into a program’s requirements before applying to meet the eligibility criteria. 

The Difference Between a DBA and a PhD 

For those specifically interested in a career in business, a Doctor of Business Administration (DBA) is a highly beneficial doctoral program. A DBA focuses on a broader spectrum of business disciplines, dedicating research toward multiple corporate facets, and practical implementation. On the contrary, a PhD narrows into a specific area of discipline and research, emphasizing theory, and it’s potential implications. While both are heavily centered around research and implementation, a DBA sets business executives and leaders on a path to discover new possibilities for their organizations and businesses. In a way, it allows established business professionals to “trailblaze” the way for new and innovative ideas that can disrupt the market and set a precedent for the future of business.

Get Your MBA or DBA at Pepperdine Graziadio Business School

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

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

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

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

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

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

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

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

Is MBA higher than a Ph.D.?

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

Does a Ph.D. guarantee a job?

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Ph.D. after MBA Specific Examples

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Other avenues for MBA and Ph.D. holders

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

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

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

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

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

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

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

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

Conclusion.

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

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

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

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Doctorate of Business Administration (DBA) Overview

A doctorate in business administration is tailor-made for busy business professionals. Learn more about this degree and whether it might support your career goals.

Earning a Doctorate of Business Administration (DBA) offers a path toward personal and professional advancement in business. This relatively new degree, first offered at Harvard Business School in the early 1950s, is an option for professionals who want to deepen their understanding of business practices and pursue education beyond the Master of Business Administration (MBA) level.

While typically less well-known than the related MBA and PhD degrees, a DBA may be worth your time, especially if you're interested in practical, hands-on learning and an academic environment where you can explore research-based solutions to challenges you're facing in the business world.

What exactly is a Doctorate of Business Administration?

A Doctorate of Business Administration is a professional degree designed for individuals who want to expand or develop their business skills. Those who pursue this degree typically have experience owning, managing, or operating a business. This allows them to experiment with the theories they study in a real-world situation and seek solutions to problems they may encounter in the course of business operations.

Although the degree focuses on business theory and practice, it differs from an MBA or a PhD in Business Administration. The coursework in an MBA program tends to cover topics relevant to general business management, while a DBA program typically allows for more individual study in a specific area. A PhD program may be more beneficial to you if you want to do academic research or teach at a university.

Typical concentrations in DBA programs

Depending on your school, you may have to select a concentration within your DBA program. Others allow you to incorporate the areas you want to study into your research, creating a built-in concentration to meet your individual needs. Some common concentrations you may find in DBA programs include:

Accounting: Explore investments, taxes, and other topics for a career as an analyst, manager, or chief financial officer.

Business management: Study methods for implementing change and managing people and projects for roles as a consultant, department or division manager, or executive.

Finance: Dive into tools for financial modeling, analysis, and decision making used by financial analysts, CEOs, CFOs, and consultants.

Health care leadership or management: Examine laws, regulations, and systems specific to the health care industry to prepare for positions like hospital administrator, facility director, or executive.

Is a doctorate in business administration worth it?

People have many different reasons for getting a DBA, including learning more about the latest research and theories that apply to their business, qualifying for a new position, or positioning themselves as experts in the field. Some want to transition into a role as an instructor and mentor for the upcoming generation of business leaders. Others see the coursework as an opportunity to explore problems affecting their industry and identify possible solutions.

No matter why you decide to work on this advanced degree, you're likely to enjoy the challenge of the work and find plenty of practical applications for it. Along the way, you may be able to expand your business management skills and distinguish yourself from other business leaders who work in similar roles. 

Specifically, you can refine your ability to identify and frame problems, seek solutions for them, and share your findings with your team. This competitive advantage may be helpful when you're up for a promotion or applying for a position with another company.

Earning a DBA can also increase your earnings potential and job security. The US Bureau of Labor Statistics reports that people with a doctorate tend to have lower rates of unemployment and higher wages than those with a master's or bachelor's degree. In 2021, the unemployment rate for individuals with a doctorate in the United States was 2 percent lower than for those with a bachelor's degree [ 1 ]. Here's how the median weekly wages of the different degrees compare:

Doctorate degree: $1,909 

Professional degree: $1,924

Master's degree: $1,574

Bachelor's degree: $1,334

What can you do with a doctorate in business administration?

The knowledge and skills you develop as you earn a DBA apply to many different areas in business. You can use your degree in various careers, including business administration, executive positions, market research, and more. After graduation, you may find that your newly enhanced skills boost your performance at work, and this may put you in line for a promotion and higher salary — that may or may not be with your current company.

With your doctorate, you may find work in private and non-profit sectors. You may decide to strike out on your own and start your own company. Whether you stay with your current employer or look elsewhere, here are some of the roles you may consider:

Analyst: $93,000

C-suite executive: $98,980

Economist: $105,630

Information systems manager: $159,010

Human resources director: $126,230 

Professor: $76,640

Organizational manager: $105,310

*All data represents median annual salaries in the United States according to the BLS (May 2021)

Read more: 10 In-Demand Jobs You Can Get with a Business Degree

What will you learn in a DBA program?

In a DBA program, you study current research and theories about business practices, including topics like leadership and decision making, as well as how to conduct research at the graduate level. These courses typically build on content taught in MBA programs and help prepare you to work on your dissertation and residency. You can divide the content you may encounter into three broad categories: theory, research, and problem-solving.

Business and management theory

Business and management theory classes address topics like how to lead organizations in the current environment, set up and manage teams of people, and identify strengths and areas of concern in personnel, as well as corporate governance and ethics. These courses help establish the foundation of knowledge you use as you progress through the curriculum. You may apply one or more of the theories you study in your daily work life to deepen your understanding of the merits and deficits of the thinking. This also can inform your research. Examples of these courses include:

Entrepreneurial Behavior in Organizations

Influences and Limitations on Executive Decision Making

Leadership to Create Human Value

Leading 21st Century Organizations

Quality Improvement and Organizational Change

Research principles, philosophies, methods, and design

For many DBA students, researching questions and finding solutions to problems is one of the more exciting parts of a DBA program. The curriculum typically includes introductory courses in research methods and experimental design, as well as how to read and analyze articles from scholarly journals. Sample courses include:

Advanced Statistics and Applications

Archival Research Methods

Creating and Disseminating Research Knowledge

Defining the Dissertation Research Problem and Research Question

Qualitative Research

Contemporary issues and concerns

DBA programs usually include opportunities for students to learn more about contemporary issues that today's business leaders may need to address in their work. These courses can cover topics like global warming, scarce resource management, and cultural responsiveness in the workplace. Depending on the specific curriculum at the school, you may take classes that specifically address these topics or find them embedded in the theory and research courses you take.

How to choose a DBA program

When choosing a DBA program, consider how the program's design and curriculum fit into your schedule and align with your personal and professional goals. You may prefer a fully online program if you're already working full time and have personal obligations. Alternatively, you may prefer attending classes in person because it gives you a chance to give your full attention to the work without distraction. Some schools offer a hybrid course schedule with online classes and weekly or monthly face-to-face sessions.

The good news is that most schools design their DBA programs for working professionals. Not only does this let you keep your day job while you work on the degree, but it also means the professors may be more understanding when an emergency arises. They also try to arrange students in cohorts, so you have an opportunity to develop relationships with other students, share your knowledge, and support each other.

How to get a Doctorate of Business Administration

To get a Doctorate in Business Administration, you have to apply to, be accepted by, and complete a program at a school that offers the degree. Each school sets its own admission requirements, and these may include an MBA or relevant master's degree, professional experience, and evidence of a promising research project. The school may also ask you to explain why you want to earn the degree and whether you have time to commit to the program.

The DBA application process

The DBA application process usually starts when you complete the school's application and pay the application fee. You'll include details like your contact information, education, work experience, and why you're interested in the program. Some schools also ask for professional references and proof of English language proficiency at this stage.

If you make it through the first stage in the process, you may be invited to interview. During the interview, you have an opportunity to demonstrate your critical thinking and communication skills and share what motivates you to complete the degree program. The school wants to see evidence that you will complete the program.

The school you choose may also have additional steps in the application process. This can include an on-site campus visit where you can talk face-to-face with staff. Others may ask you to submit GRE scores or academic references. They will use all the information they collect to evaluate your candidacy.

For many, the first step toward a DBA is earning an MBA. Check out programs like the Master of Business Administration degree from the University of Illinois at Urbana-Champaign, available on Coursera. You can earn this degree in as little as two years from anywhere with an internet connection.

If you already have an MBA, you may prefer expanding your business knowledge and building skills by earning a Professional Certificate such as the Google Digital Marketing & E-commerce Professional Certificate . Learn the basics of digital marketing, including how to set up and market an online store and measure its performance. This can help you choose an area of focus when you're ready to start your DBA courses.

Frequently asked questions (FAQ)

Is a dba the same as an mba ‎.

The DBA is not the same as an MBA, but the two degrees share some similarities. Both degrees can be considered terminal degrees for business management professionals. However, fewer people have completed a DBA program, which can help you stand out when you apply for a new job or are up for a promotion. ‎

What is the difference between a DBA and a PhD in business administration? ‎

The most significant difference between a DBA and a PhD in business administration is the focus of the research. A DBA program typically emphasizes applied research and inquiry, while a PhD program tends to encourage theoretical research and the relationship between business theories and their effects on people. DBA graduates are often more likely to pursue careers in the business world, and PhD graduates tend to go into academia. ‎

Is getting a DBA worth it? ‎

Getting a DBA may be worth it if it helps you meet your personal or professional goals, like a new position or enhanced leadership skills. If your goal is to land a specific job, find out the requirements for the position and whether the DBA will help you meet them. Even if you don't have specific career goals, you will likely discover that a DBA program gives you a place to examine problems, explore ideas, and develop strategies that you can use in your personal and professional lives.

Ultimately, the answer to this question is a personal one. Collaboration, personal development, and knowledge building can be more beneficial than a salary for some people. ‎

How much does a DBA cost? ‎

The cost of a DBA depends on the school you choose, but tuition typically ranges between $500 and $1500 per credit hour. This does not include course, application, and registration fees or charges for reading the dissertation and graduation. Overall, you can expect to pay between $34,000 and $125,000 or more for the degree. ‎

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Article sources

1. US Bureau of Labor Statistics. " Education Pays, 2021 ," https://www.bls.gov/careeroutlook/2022/data-on-display/education-pays.htm." Accessed June 20, 2022.

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

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

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

Ph.D. after MBA or Management

• Ph.D. Course Duration after MBA

Eligibility Criteria for Ph.D. After MBA

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

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

Ph.D. After MBA in Australia

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

• Scope Of Ph.D. after MBA in Finance

Ph.D. in Management

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

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

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

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

Do Refer: Career Objective for MBA

Ph.D. Course Duration After MBA

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

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

Country Duration (Average)

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

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

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

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

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

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

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

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

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

There are several available courses one may take, like:

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

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

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

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

For India, exams like CAT are applicable.

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

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

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

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

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

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

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

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

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

Best Countries to Study Ph.D. after MBA Abroad

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

Ph.D. After MBA in the USA

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

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

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

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

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

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

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

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

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

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

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

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

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

The top universities which are offering this program are:

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

Scope Of Ph.D. After MBA in Finance

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

• TATA Consultancy
• Genpact Technologies Ltd

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

Following are some Benefits of PhD after MBA

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

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

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

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

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

FAQ’s on Doing A Ph.D. After MBA

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

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

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

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

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

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

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

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

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Mba to phd: what is the recommended path.

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

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

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

Why Do You Need a Doctorate?

This is the most important question.

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

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

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

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

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

Which Kind of Doctorate?

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

Doctorate in Education (EdD)

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

Doctorate in Business Administration (DBA)

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

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

Doctor of Philosophy (PhD)

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

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

What Kind of Program?

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

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

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

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

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

Start with Your Online MBA

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

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

About the Author

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

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

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

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

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California State University, Monterey Bay has engaged Everspring , a leading provider of education and technology services, to support select aspects of program delivery.

PhD after MBA

Education is a five-course meal with PhD as the ultimate dessert at the end of it all. Having said that, not all fields of study have had a long history of crowning a doctorate degree. It has traditionally been the highest degree in the sciences, and social sciences.

Somewhere in the middle of the previous century, though, business schools began to switch their focus from a purely vocational bend towards research oriented training, leading to what we now know as PhD in business, or management.

However, if you were to compare the share of Management PhDs in the US, for instance, with PhDs from other fields, the number is far from stellar, though marginally growing with each year. The picture below summarizes the rising number of Business Doctorate recipients between the years 1986 – 2016, as per NSF.gov . The corresponding percentages reflect the share of doctorate holders with respect to the total number of doctoral graduates. (Updated table from 2021 is available here )

For instance, in 2016, 22.9% of the total 54,904 doctoral recipients graduated with a PhD in Life Sciences, while Business Management PhDs accounted for only 2.8% of the entire body of Dr. XYZs graduating that year. In 2021, this percentage for Business Management majors was 1.3% and for Life Sciences was 22.6%.

So, clearly, this is a road less traveled as compared to your streamlined PhD, after MS, route.

The natural question, that follows, is what eludes PhD, in Business, from your everyday household fame?One of the possible reasons being that most business degrees have a lot more commercial capacity as compared to an academic one. Individuals who have an aptitude for business and have secured an MBA from any of the top few tiers of B-schools, generally follow the blazing path of success marked by their predecessors.

The most cited reason, for avoiding the path of business research is the ROI for the years invested, and the cost of opportunity lost while pursuing a semi-decade long journey towards the degree.

With the MBA degree taking a couple of years with average starting salaries north of $90,000, it is not a shocker to realize why some people would rather continue gaining work experience, and the fat paychecks, sans the PhD and its associated delayed gratification, if any (read Average MBA Starting Salary ).

That being the obvious reason, there is clearly another significant factor keeping most business graduates away from a doctoral path – research is not their calling.

This brings us to the next question.  

Why PhD after MBA?

What makes a PhD after MBA an attractive option? The thrill of research. The PhD program offers an opportunity to conduct independent study, scholarly research, and obtain an in-depth knowledge of a specialized field, which would be otherwise only superficially available to the more practical, commercially useful MBA degree.

The research training provides an awareness of the cutting-edge developments and the ability to evolve new insights at solving business problems. Doctoral graduates have years of experience in data analysis and data driven decision making, they are practiced with various research methodologies such as modeling, experimental methods, econometrics, field studies, and more.

As long as the individual has an aptitude for research, the real-world experiences of an MBA degree can motivate him to study relevant business problems.

The most common career path, offered after a PhD post MBA, is teaching. Faculties involved in active research, being an attractive indicator of b-school excellence, prompts a lot of well-known MBA, or other business programs, to hire PhDs as b-school professors.

QS Business School Rankings, for instance, takes in academic reputation and research paper citations into consideration for overall ranking. So does Financial Times MBA, EMBA and Online MBA Rankings. UT Dallas has a business school ranking list based solely on publication statistics in 24 leading business research journals.

Clearly, there is a competitive advantage afforded to PhD job applicants compared to MBAs, when it comes to protecting the interests of business schools. Success, in teaching and research, can lead to some very lucrative compensations.

Salaries, for some of the top b-school faculties, can be in the millions. (Read How much do top business school professors get paid? )

Other golden opportunities may even lead MBA+PhDs into consulting work in either well-known firms, or their own entrepreneurial ventures. PhDs derive wisdom from their theoretical, and uniquely devised methodologies for analysis, which when combined with the experiential training obtained during MBA, makes for a tremendous body of knowledge.

Hedge Funds are extremely selective about their recruits. While a lot of hedge funds believe in practical expertise more than academic experience, they are still known to hire PhDs to fill their analyst positions. Besides CFAs, MBAs, and other Master’s candidates, nearly 3% of hedge fund employees have a PhD.  

What kind of specializations are available to PhDs in Business?

PhD in Business Management, or its close kin Doctor in Business Administration (Harvard HBS), follows a variety of areas of study, often in collaboration with other departments. Some of those specializations are listed below (gathered from various b-school curricula, viz. Stanford GSB , Wharton , HBS ).

• Accounting: Research focuses on solving issues, related to accounting, using economics, decision theory, and statistical inference.
• Business Economics: This specialization combines economic analysis with business. The areas of focus may range from Behavioral Economics, Development Economics, Urban Economics, Risk Management, Economic Analysis & Policy, Organizations & Markets, Corporate Governance, and more.
• Finance: Research focus, such as in Wharton, is set on Asset Pricing, and Portfolio Management, Corporate Finance, International Finance, Macroeconomics, etc.
• Marketing: Research focus lies on solving marketing management issues faced by companies. Areas of study usually involve behavioral decision making, economics, industrial organization, statistics, management science, and more.
• Operations, Information & Technology: This area of research, such as in Stanford GSB, studies management of systems, processes, and networks. They include health care systems, product design, manufacturing, information systems, decision-making, operations management, etc.
• Organizational Behavior: Research on concepts of psychology and sociology and their impact on behavior within complex organizations.
• Management: The specialization deals with management and leadership challenges.
• Strategy: Research studies the heart of what sustains and develops industries with competitive advantage.

The above list is not exhaustive and every b-school tailor their research target to set their competitive edge, so to speak. The other common specializations include, Ethics & Legal Studies, Health Care Management, Applied Economics, Decision Sciences, Human Resource Management, and more.  

Employment Options of Business PhD Graduates

While a majority of doctoral graduates find positions as faculties in reputable business schools, a fraction of them carry on in post-doctoral studies or head towards industry positions. Firms like McKinsey, Morgan Stanley, SEC, and more, are known to hire PhDs regularly.

Nearly 80% of graduating doctoral students are employed as faculty members in various business schools over the world, with the rest 20% employed in various industry positions. We have compiled the following table to reflect the employers of past PhD candidates from reputed business schools, mainly Wharton, HEC Paris, and Chicago Booth.  

Business School with Popular Research Programs

UT Dallas’ Naveen Jindal School of Management has created a business school ranking based on publications in 24 leading business journals, mentioned here . Some of the top research schools, assessed between 2012-2016, based on the ranking, are listed below.  

  The two related degrees of a Business PhD, in addition to an MBA, provide a set of well-rounded skills that are quite unique. These skills are not just desirable in mentors of the future business leaders, but also play a significant rolein gaining a thorough insight of the world of business management.

Recommended reading for the curious reader:

• PhD in Management Abroad
• Fully funded PhD, with stipend in Europe
• Is a PhD worth it?
• PhD in USA for international students
• How to choose your PhD topics?

  Sources: 1 , 2 , 3 , 4 , 5 , 6 , 7

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16 thoughts on “PhD after MBA”

Hi I have done BCA+MCA from IGNOU. I got 92 percentage in BCA and 84 percentage in MCA. I have also worked as Software developer while doing my MCA for 3.5 years in a small start- up firm. I want to do MS in Computer Engineering. My question do top and middle tier American universities accept degrees from IGNOU (although it is a distance education IGNOU is recognised by government of India under act of parliament ) So Is my degrees from ignou valid for admission for MS in top american universities

Hi, I am pursuing PhD in India on the topic Organisational behaviour. But i am interested to do in USA. please tell me the ways if i can apply in some of the university’s. I am in US at present. kindly help me

Hello, I am name is Ankita, I have completed my Masters in Microbiology (Pune University). And I have been working in CSIR-URDIP as a patent analyst for the last 2 years now. As the place I am working at doesn’t give any kind of security in future, I have been off lately thinking about either apply for PhD abroad or MBA or do some courses regarding patent analysis abroad. Can you please give me any suggestion regarding what to do at this stage ?

@Dheeraj: There are some universities who consider IGNOU degrees. But it depends on which course you’re applying for. So best to check with them directly. We have some inputs for the MBA degree here: https://www.mbacrystalball.com/blog/2014/02/17/mba-after-correspondence-courses-distance-education/

@Sanam: You’d probably have to reset the call and start afresh. Specially if your current work has little or no overlap with what you plan to do in the US.

@Ankita: The decision would hinge on what you want to do after the degree. For a business oriented role, an MBA works best. For academic roles, a PhD works better.

Hello.. I have done MBA(HR & MK)in 2018.. I wanna take admission for phd in IIT’s.. Plz suggest me how can apply for this Thnks

Hi, I have done MBA ( management and leadership) in 2018 from Keiser university, Fl . I want to start PhD in supply chain. Please suggest me how can I apply for this. Thanks

Hi myself Rupak Debnath I have done MBA in MARKETING and HR and now I want to pursue PhD degree from IGNOU. My question is will it be right enough to opt a higher degree from open University and how much can I be benefited from the decision I have taken?? Please reply without any hesitation……….. waiting for your valuable reply………. Thanks

hi, I have done my MBA in HR and now i want to pursue phd in economics in hyderabad central university. am i eligable to apply and if yes , how to do that. kindly please let me know. regards, bindu yamini.

Could you please guide which PHD Programm will be approraite post “MBA in Consultancy Management”

hi i have completed my B.tech in mechanical engineering+ now i completed my MBA in Marketing& finance now i want to do phd in the operational manger field pls suggest something…

Pros and cons of doing PhD in Business Management after M.Com

Hi I had completed my mba in marketing in 2005 now i want to do p.hd from Canada.. Pls suggest…

Am Naveen an International Business Marketing Consultant having completed PGDM in Marketing + IT and hold BBM in International Business and seek a PHD in similar field. Alternatively, am working a Managing Partner for a Jewel Store too. As am traveling on a daily basis I want to complete my PHD to teach full-time at universities or colleges worldwide. Thanks

Assalam o Alakom I have don my MBA 3.5 year and HR Now to pursue PHD .am i eligable to apply for PHD..how to do that. kindly pleas i want to brief me in detail explain trough whatsaf way +923428966603 regards, Muhammad Hanzala

Sir,Can I eligible for phd program(Europe countries).After completion of mba(open degree) program in india.

Hi, I am Ankit from India, I did complete my MBA with Finance in 2016 and I have 4 year experience in same profile. Now I am looking Phd program in Finance in USA.

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Career Scope & Valuable Reasons to do PhD after MBA

Blog summary.

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

A rising number of PhD management degree holder

Benefits of earning your phd after mba in management, choosing the best online university, look for research faculty members, review the student support services offered, look for flexible and available learning formats.

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

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

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

How to Get a PhD in Management

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

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

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

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

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

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

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

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

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

Accredited university

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

When considering the best university for a PhD in management , it’s crucial to prioritize accreditation and reputation to ensure a quality education and valuable degree.

There are a set of criteria to grant accreditation. The university must maintain its standards. When choosing a university for a doctorate, make sure you choose one accredited by an accredited body, be it any country.

Look for guiding faculty in any doctoral program. Faculty are not just academic professionals. They also work in the field and can help you understand how your doctorate in management can help you in your career. After all, they will be your mentors who decide whether you will receive the degree or not.

When choosing a PhD or doctoral program in business, make sure you have ample time to research the faculty. Check the following,

• Do they have good credentials?
• Are you comfortable having them as your advisor when you are a PhD in management or doctoral candidate?
• Does the research faculty communicate well with you?
• Overall, it is important who you learn from. 

Universities with good doctoral programs offer plenty of student resources. Take enough time to review the study resources provided by your preferred university. Suppose you are planning to do a PhD in management online program. In that case, you must check the resource materials, downloaded books, video materials, and more to help you write your research work.

Apart from this, you have to look for support for career planning. Also, check if the university has an alumni network and if the career centre is always open to connecting with them. Also, make sure these resources are easily accessible.

Define if fellowship opportunities are available

Not all universities provide fellowship programs. However, knowing what fellowship programs they offer would be valuable information in your decision-making process. You will have to look for all the different fellowships offered and learn what types of research topics PhD scholars are working on.

There is always a need for flexible timing to do a PhD in management. You may currently hold a full-time job and maybe have any other unavoidable commitments. However, online education plays a significant role in achieving your goal and pursuing a doctoral program. 

With blended learning in place, you can easily earn an online PhD after an MBA in management or a professional doctoral degree. Online learning platforms allow you to attend guided sessions and sometimes even dissertation programs that help you complete the course more efficiently in your comfort.

Finding the right doctoral program can definitely change your life. Thanks to online learning, not only finding a program but also completing it has become easier than ever before. Texila American University, in association with the University of Central Nicaragua (TAU-UCN), is an accredited institution offering a variety of doctoral programs online.

TAU-UCN’s doctoral fellowship program for the PhD in Management program allows new doctoral students to gain further vision into their field of concern, develop their training and research experience, and position themselves for future career success.

You can pursue a PhD in Management after completing your MBA by either joining a traditional doctoral program or opting for an online doctorate degree in management.

Benefits include gaining a competitive edge, enhancing problem-solving skills, refining expertise, evolving as a scholar-practitioner, and potentially higher salary.

Prioritize accreditation, research faculty, review student support, inquire about fellowships, and ensure flexible learning formats.

Enhances career by providing advanced knowledge, leadership opportunities, academic contributions, and making a meaningful difference.

Yes, accredited online programs offer reputable degrees with rigorous curriculum and faculty expertise, respected in the field.

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Social workers who earn the most: top specializations, the ultimate career advancement: value of an online emba, a testimonial of texila’s phd in social work experience, mpa or mba: making the right decision for your career, related posts, chart your course: why opt for an online ph.d. in management today , unlocking the power of a doctor of business administration: an informative guide , 7 reasons an online dba is your gateway to success in 2024 , top 5 reasons to pursue an online phd in management program, paving the path to success: top management courses for future phd hopefuls, unlocking potential: why pursue a phd in management at tau-ucn .

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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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PhD after MBA

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

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

Why do a PhD after MBA?

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

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

Eligibility Criteria for a PhD after MBA

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

Standard Test Score not required if an applicant is:

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

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

How to do a PhD after MBA?

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

Stipend for PhD after MBA

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

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

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

Mar 4, 2024

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

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

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

Ph.D. After MBA in Distance Education

Benefits of ph.d. after mba.

• Why Ph.D. After MBA is better option

Career Scope and Employment Sectors

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

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

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

Other common Ph.D. Specializations after MBA

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

Ph.D. Course Duration after MBA

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

How to do a Ph.D. after MBA?

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

Requirements for applying through  Ph.D.

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

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

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

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

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

Why Ph.D. after MBA is Better Option?

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

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

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

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

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

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

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

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

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

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

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

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Ph.D. After MBA Program Overview

PhD after MBA might sound new to you but its impact on a professional’s life has already created a history. After completing an MBA program in any domain in regular or online mode, you can apply for a PhD program. However, to become eligible for this course, you need to have a good score in some national-level entrance exams of GATE/UGC-NET/CSIR-NET. For a PhD abroad , you need to score well on the English level proficiency tests like TOEFL and IELTS and the entrance exam of GRE. In India, it takes around 5 years to complete a PhD program while abroad it ranges between 4 to 7 years.

Among the top management universities in India, FMS New Delhi, IIMs, BHU, and IITs are some renowned ones offering PhD after MBA. They provide learners with a list of top specializations in the business field including PhD Finance, PhD Operation Management, PhD Marketing, PhD Human Resource Management, and many others.

Here are some key aspects that you must know about PhD after MBA: 

Making it easy for PhD after MBA aspirants, some foreign universities have launched an online version of it in the name of Doctor of Business Administration (DBA) online which also adds a “Dr.” title to your name in just 3 years and is equally credible as a regular PhD program in India. An online DBA is not offered by Indian universities as it is yet not approved by UGC but on completing it from an accredited foreign university, it will be completely recognized in the global industry.

Why Opt for a Ph.D. After MBA?

Completing an MBA will help you explore senior management positions in your functional domain but doing a PhD after MBA will bring new opportunities for you! It will help you climb up the organizational ladder and become a suitable fit for CXO positions. Based on the specialization you choose in your PhD program, you will have a variety of options not only in the business sector but also in the research and teaching fields. Above all, a PhD after MBA will increase your earning potential by multiple times which otherwise would take several years to achieve.

All of the above-mentioned benefits can also be explored with an online DBA program which is a more accessible and affordable version of PhD. Its entrance-free admission procedure and short duration of 3 years encourage a large number of candidates to opt for it.

Who Should Do a Ph.D. After MBA?

All fresh MBA graduates and working professionals serving any business domain can apply for a PhD program. The only restriction that is there is they need to clear the entrance exams with the minimum cut-off score to get admission to their desired university and specialization.

With an online DBA program, you have the liberty to apply for it after your graduation, and the best part about it is that you do not have to appear for any entrance exam. 

When To Do a Ph.D. After MBA?

If you are concerned about the age limit to apply for a PhD program, you must go through the age restrictions put on the entrance exams for it. For instance, for a UGC-NET exam (JRF), the maximum age limit is 30 years and on the other hand, a GATE exam has no specific age limit.

With an entrance-free admission process, an online DBA program makes all interested graduates apply for it at any age. This feature of the program has made even senior professionals apply for it.

Key Highlights of Ph.D. After MBA In India

• Get recognized for your management expertise with a PhD after MBA program.
• Opt for your choice of specialization in PhD after completing an MBA in online, regular, or distance mode.
• Qualify for the UGC-NET or GATE Exam to take part in a reputed institute’s PhD program.
• Choose your major from a long list of PhD specializations including Finance, Operation Management, Marketing, Human Resource Management, etc.
• Develop a research-focused understanding of the business concepts and launch new methodologies for the betterment of the industries.
• Earn a “Dr.” title with the completion of PhD from top management institutes like FMS New Delhi, IIMs, BHU, IITs, and others.
• Jumpstart your career as a CEO, COO, and board of director upon completion of PhD after MBA.
• Enjoy the benefit of completing your PhD at any age with no age capping.
• Widen up your career chances in the research and teaching domain other than the business world with a PhD after MBA.

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Ph.D. After MBA Course Subjects/Syllabus

The course structure of a PhD program is research-oriented and focused on the industrial aspects of the business. The syllabus of PhD offered at IIM Ahmedabad is provided here to help you get an overview of the program. 

Top Specializations of Ph.D. After MBA

There is a long list of specializations available in PhD programs based on the domain you choose. Here is a list of top specializations that you can opt for in PhD after MBA.

All of the above-mentioned specializations are available in online DBA programs allowing you to opt for a domain of your choice.

Ph.D. After MBA Eligibility & Duration

The eligibility criteria to apply for a PhD after MBA include the following points:

• A master’s degree in the related field from a UGC-recognized university or institution
• A minimum of 55% marks or equivalent grades in the master’s degree
• A good score in the entrance exams conducted for PhD program like NET, GATE, or any other university-specific exam
• For PhD abroad, candidates need to pass English Proficiency Tests such as IELTS, TOEFL, etc.
• A statement of Purpose (SOP), Letter of Recommendation (LOR), academic transcripts, and an updated resume are also needed for  PhD abroad
• A good score on the GRE is needed for PhD abroad other than a master’s degree

To read the updated guidelines of UGC for undergraduate students, click here .

In case you want to skip these complications of understanding whether you are eligible for a PhD or not, go for an online DBA program that only demands a credible master’s or bachelor’s degree + work experience from an accredited university. 

The duration of a PhD after MBA in India takes around 5 years. However, if you are planning to do it from foreign, you will be able to complete it in 4-7 years. To complete it in an even shorter period of 3 years, you can opt for an Online DBA program.

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Program Fees for Ph.D. After MBA

Starting at ₹ 6,776/month

Program Fee: ₹60,000 - ₹2,50,000

Low Cost EMI Available

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The fee package of the PhD program ranges between INR 15,000 and INR 5,00,00. This figure varies from university to university. If you have qualified for a PhD from a government institution like IGNOU or DU, your course will be completed under 1 lakhs. However, on going to a private institution, the cost of the program increases.

Online DBA programs are more expensive than regular PhD courses in India as these are offered by accredited international universities. It generally starts at INR 7 lakhs.

Ph.D. After MBA Admission Procedure

The admission process for a PhD program begins with filling out the application form for the national-level research entrance exams like UGC-NET, GATE, etc., or university-specific ones. After cracking these exams, candidates will have to appear for an interview wherein they will present their research proposal to the mentors of the university they have been selected for. On completing the paperwork and other documentation formalities for grants or stipends, candidates will be allowed to start with their research work.

With an online DBA, you will have a simple admission process that will not involve any entrance exam or interview. 

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• Financially affordability is a significant contributor to this boom.
• The increased adoption of technologies, i.e., the Internet and smartphones, has increased accessibility significantly.
• The advantage of flexibility in terms of time and location is the key highlight.

Education Loan/EMI Facilities for Ph.D. After MBA

In general, the universities offering PhD programs do not have an EMI option in their fee payment method. However, to help students financially, some of them have developed an installment-based fee structure through which they can pay their fees in part. Moreover, you can avail of a debit card or credit card EMI facility if applicable at your chosen university.

In an online DBA course, you will have the option of an education loan which adds to the accessibility of this program by making you pay the fee in easy EMIs.

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Is Ph.D. After MBA Worth it?

If you wish to retire from a respected designation in your career, a PhD after MBA is something you should think about! After an MBA, you become eligible for the senior management positions but with a PhD, you get the chance to take charge of the business strategies and model as a CEO or COO of the organization. 

The research-focused learnings of the management concepts make you develop an innovative approach toward business issues. The choice of specialization in this highest degree program in the management field gives you the freedom to choose your domain. Upon completion of the PhD after the MBA, both your designation and the salary package increase by many folds. All of these offerings are also obtained after completing an online DBA after MBA. Thus, for a long-term and successful career, a PhD after MBA or an an online DBA after MBA is worth giving a shot!

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Job Opportunity after Ph.D. After MBA

Upon completing PhD after MBA, you not only earn a “Dr.” title but unlock some premium job designations that were not in your reach before. The career prospects that you have after a PhD will be the same after you complete an online DBA. Some of these job titles are listed below along with their annual package to give you an overview of the career prospects after a PhD/an online DBA.

Top Recruiters for Ph.D. After MBA

Top organizations in the business sector hire PhD candidates actively. These organizations admire the innovative way these PhD graduates use to tackle business issues. Their “out of the box” thinking puts them in the limelight for top recruiters globally. Online DBA holders also have a special place for top recruiters as their knowledge of global business trends adds significant value to their organizations.

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Let's clear up some doubts about Ph.D. After MBA

1 is phd after mba a good option.

Yes, getting a PhD after MBA adds new career opportunities to your list. It makes you climb up the organizational ladder to CXO positions and improves your salary package at the same time.

2 Which specializations can I choose in PhD after MBA?

There are numerous specializations available in the management domain of PhD for MBA graduates which include Finance, Marketing, Human Resource Management, Operation Management, and many more.

3 Which entrance exams are considered for PhD after MBA?

To qualify as a PhD candidate, you need to score well in UGC-NET, GATE, GRE, or other research-oriented entrance exams.

4 How long does a PhD after MBA take to complete?

In India, it takes around 5 years to complete a PhD but abroad, this period ranges between 4-7 years depending on your chosen university.

5 Can I do PhD after MBA without a master's?

As per the earlier UGC guidelines, online master’s degree holders with a minimum of 55% marks were eligible to apply for PhD but with the updated guidelines 4-year graduates with 75% marks can also apply for it.

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

Sheeza Khan

Updated on 20th February, 2024 , 8 min read

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

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

Also read: Top PhD Entrance Exams in India 

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

Further Reading: IIT Madras PhD Admission 2023

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

More PhD Courses: 

More about MBA: 

PhD After MBA: Course Details

Also read:  GATE Study Material

Why pursue PhD after MBA?

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

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

Also Read:  Tips to prepare for UGC Net

More MBA Courses: 

Who should pursue PhD after MBA?

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

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

PhD after MBA: PhD Finance Course Details

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

Further Reading: MBA Finance Syllabus & Subjects 

PhD after MBA: PhD Marketing Course Details

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

Further Reading: MBA in Marketing

PhD after MBA: PhD Organizational Behavior Course Details

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

PhD after MBA: PhD Business Management Course Details

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

PhD after MBA: PhD HR Management Course Details

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

PhD after MBA: PhD Management Studies Course Details

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

Further Reading: BMS Course Details 

PhD after MBA: PhD Banking and Finance Course Details

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

Further Reading: MBA Finance Jobs 

PhD after MBA: PhD Disaster Management Course Details

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

Also Read: PhD in IGNOU

PhD after MBA: PhD Commerce and Management Course Details

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

Further Reading: BMS Subjects & Syllabus

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Frequently Asked Questions

Can phd be done after mba.

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

What are the PhD courses after MBA?

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

Can I do a PhD from IIM?

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

Can I do a PhD after MBA in HR?

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

Does a PhD after MBA make sense?

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

How many years is PhD after MBA?

PhD after MBA is normally for 4 - 6 years.

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

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PhD After MBA – Step by Step Guide 2022

Written by   piyush bhartiya , mba.

PhD after MBA can simply be called the ‘road less taken.’ Not many people pursue a PhD in Commerce , it is a field that is relatively unknown and does not attract many pursuers.

PhD after MBA is more useful in the academic field than a professional one. The ROI and opportunity cost for this course are also not up to the par initially, however, it does not mean that the course is not worth it, a PhD can be quite rewarding if done right.

Table of Contents

PhD After MBA

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

Apart from the extensive knowledge which the course provides, PhD researchers also get a chance to do individual research and study which puts them apart from other managers. 

• PhD is a rigorous course that requires a lot of dedication and hard work.
• It can be tedious as there is a lot of time one needs to invest in a PhD
• The PhD course combines theoretical knowledge with practical application.
• There are many practical approaches and methods like field studies , experimental methods , econometrics , etc. which are used during PhDs. 
• It is a course for those who want to teach Management . 
• The profession of the Professor is most reputable and sought after.
• PhD researchers also work as consultants in the top firms.
• PhD trains researchers and increases their analytical skills.
• Positions in analytics are offered commonly to PhD researchers because of their skillset.
• The growth is considerably slow and one may not earn much before getting tenure.

Benefits of phd after mba

While we’re in the specifics of each PhD after MBA school, let’s have a look at the benefits of PhD after MBA and why it’s such a good career choice:

• PhD after MBA allows students to undertake research and perform in-field studies of ideas and specialities that you couldn’t do during your MBA.
• MBA degrees give profitable employment opportunities in and of itself, but after obtaining a PhD, MBA degrees become considerably more useful.
• The research conducted during a PhD following an MBA helps to raise knowledge of new business insights and trends throughout the world, which aids in more effective company management.
• Having an MBA degree, a person with a PhD can earn a lot of money. A top MBA College lecturer earns millions more than someone with an MBA degree.
• PhD after MBA permits them to work in the field of management, finance, or business research, setting them distinct from other managers who have just completed an MBA.

PhD Courses after MBA

Phd finance.

• PhD Finance is a research-based programme that prepares students for a successful academic career.
• After earning an MBA in Finance, students pursue a PhD in Finance.
• PhD finance focuses on advanced topics such as share valuation, privatisation and globalisation, cost and management accounting, and so on.

PhD Marketing

• PhD Marketing is a three-year doctoral degree that prepares students to teach and do research in the disciplines of marketing and allied fields.
• The entrance test and personal interview are used to determine admission to this programme. After completing an MBA in Marketing, any applicant with a postgraduate degree in a related field is entitled to apply for a PhD.
• PhD Marketing is a highly competitive field, with jobs such as Market Research Analyst, Marketing Communications Leader, Marketing Executive, and others paying between INR 2,00,000 and INR 10,00,000.

PhD Organization Behaviour

• PhD Organization Behaviour is a three- to five-year doctoral programme that studies human behaviour in organisations.
• A candidate for a PhD following an MBA in Organization Behaviour must have a Master’s degree or an M.Phil. in the relevant subject of study with a minimum aggregate of 55%.
• Candidates can get work in organisations such as Academic Institutions, Colleges, Finance, Marketing, Information Technology, and others after successfully completing the Ph.D. Organization Behaviour programme, with an average pay of INR 4,00,000 – INR 8,00,000.

PhD Business Management

• PhD Business Management is a three-year doctoral degree that focuses on actions such as leading, monitoring, coordinating, and planning that are involved in operating a business.
• A master’s degree in related fields with a minimum aggregate of 50% or higher qualifies a student for a PhD after completing an MBA in Business Management.
• PhD in Business Management graduates can find work in areas such as colleges and universities, finance, information technology, banking, management, operations, supply chain management, MNCs, product development, human resources, and more, with average salaries ranging from INR 4,00,000 to INR 8,00,000.
• PhD in Management

PhD in management is one of the highest academic degrees awarded in the study of management. A PhD in Management degree was designed for those seeking academic research and teaching careers as faculty or professors in the field of management at business schools worldwide.

Following are the advantages of doing PhD in Management :

• To gain a competitive edge: A PhD in Management is an immediately marketable asset that will give you a competitive edge in today’s workforce. A PhD in Management proves that you have an impressive level of credibility, proving expertise in your field of study and a lifelong commitment to learning which will help you fulfill your professional goals.
• Helps you become a better thinker: A good PhD in Management program encourages you to do more than just consume what has been taught in the classes – it teaches you to create it and become a good thinker. By moving past passive learning, you’ll achieve newer levels of critical thinking that you can apply in new ways in your career and field of interest.
• Skills enhancement: A PhD in Management can help you gain and enhance valuable skills that are universally applicable to any field. The degree can also empower you to make more of an impact in your current role by giving you expertise outside of your organization, which in turn which helps people around you as well. Once you begin your studies, you may find colleagues turning to you for guidance.
• Become a scholar-practitioner: A PhD in Management will give you the knowledge and confidence you need to not only attend academic conferences but present at them. You’ll discover your scholarly voice, write a dissertation, and may find yourself authoring peer-reviewed articles published in your field’s leading journals.

PhD Course Duration After MBA        

The duration for PhD after MBA may vary depending on the research topic , methodologies, and investment of time and labour .

On average, the completion of PhD may take 4 to 5 years . The duration may also vary depending on the country and institution.

Eligibility For PhD After MBA

Though particular requirements differ by university, there are some fundamental requirements for a PhD following an MBA or any other postgraduate study that every applicant must meet. The fundamental qualification for a doctorate degree is a master’s degree in the corresponding subject (from a recognised institution). If you want to apply for a PhD in Business Administration, for example, you must have completed a postgraduate course like an MBA or MIM. In addition to this, you will be required to submit the following papers:

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

Can I do a PhD after MBA?

Yes , one can do a PhD after MBA . There are Various Business Schools all over the world that offer PhD programs that can be pursued after an MBA.

For the MBA itself, many schools require some years of work experience. By the time a student may choose to pursue an MBA, they may already have the direction they want to take in their life.

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

Also Read: MBA Study Material

After MBA PhD Courses

There are several PhD courses after MBA which a student may choose. There is no dearth of specialization in the field of management due to its vast scope.

Each research in each area is equally important as the PhD in Management is quite an unexplored field.

There are several courses one may take, like:

• Entrepreneurship
• Decision Sciences 
• Human Resource Management
• Organizational behaviour

How to do PhD after MBA?

There are many options for students who want to do a PhD after their MBA is done. It is important that the MBA course the candidate has done is for the duration of 2 years . Along with these basic requirements and minimum qualifying scores, letters of recommendation, research proposal and work experience aids in increasing the chances of getting admission into top universities. In India, it could take between 3 t o 5 years to complete PhD after MBA while abroad, it can take anywhere between 4 to 7 years.

It is also most important that the students must choose their field of interest and work in that direction only.

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

For India, exams like CAT are applicable.

PhD After MBA in India

There are several advantages to pursuing a PhD after an MBA, including gaining a competitive advantage in the management and business worlds, as well as the research and professional experience required to pursue high-paying managerial positions in India and overseas.

What you should know about pursuing a PhD in India after completing an MBA:

• Duration : In India, depending on the curriculum and university, you can earn your PhD after an MBA in 3-5 years.
• Eligibility :To apply for a PhD in India, you must have finished a two-year MBA programme and passed the UGC-NET or GATE test, as well as qualify for admission to India’s top business schools and universities.
• Requirements : To boost your chances of getting a PhD after an MBA in India, you’ll need GATE / UGC – NET / CSIR – NET scores, a research proposal, letters of recommendation, and optional job experience.
• Indian Institutes of Management Studies (IIMs)
• Indian Institutes of Technology (IITs)
• National Institute of Management, Calcutta
• Faculty of Management Studies, University of Delhi
• Benaras Hindu University
• PhD in Organizational Behaviour/Management
• PhD in Behavioural Finance
• PhD in Applied Statistics
• PhD in Information Technology/Data Analytics
• PhD in Market Analysis and Research

NOTE: It is often advisable that students choose the area for research in which they have specialised during their MBA. It is however not compulsory.

PhD After MBA In Distance Education

One can do a PhD after MBA in Distance Education but few things need to be taken into consideration.

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

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

Can I do a PhD after Distance MBA?

• Yes, one can do a PhD after a distance MBA.
• The institute must be recognised by UGC.
• Universities cannot differentiate between the degrees.
• The degree earned must be in tandem with the degree mentioned in the eligibility criteria. 
• The application process is as same as the process for regular courses.
• Candidates must submit their mark sheets, documents, essays, SOP s, etc. like any other regular candidate.
• The admission in a PhD program is based mostly on entrance exams and interviews. 
• Some institutes may prefer regular students over the ones who pursue their degrees via distance education mode.
•  The decision to select a candidate or not is solely based on the discretion of the university.

Best College to Study PhD After MBA

There is a lot of scope for pursuing PhD after MBA abroad . There is also a greater advantage of its scope and recognition in countries abroad.

Some of the top business schools around the world that offers PhD after MBA are as follows:

PhD After MBA in USA

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

The USA is home to the top business schools and offers students with unlimited data and resources to facilitate their research. The amenities provided to PhD researchers are quite good here as well.

• 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

Also Read: PhD in USA

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

PhD After MBA in Australia

There are many great B-schools that offer PhD programs after MBA . There is a lot of scope for applying practical methods here because of the way businesses and cor[orates are run here.

Students will have a lot of opportunities to conduct researches and collect primary as well as secondary data.

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

PhD After MBA in Germany

PhD after MBA in Germany is probably the best place because of the many facilities like the grant which is available for students.

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

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

PhD After MBA In UK

UK is the home to many of the top business schools in the world the following are some of the top universities in UK that offer PhD after MBA:

• University of Warwick: Warwick Business School
• Durham University Business School
• University of Nottingham: Business School
• The University of Edinburgh: Business School
• Cranfield School of Management
• Leeds University: Business School
• University of Exeter: Business School
• Lancaster University Management School
• University of Birmingham: Business School
• University of Glasgow: Business School

PhD After MBA In Canada

Canada is one of the top sought after countries for pursuing higher studies and the following are some of the top Business schools in Canada offering PhD after MBA:

• McGill University – Desautels Faculty of Management
• University of Toronto Joseph L. Rotman School of Management
• University Of British Columbia Sauder School Of Business
• Western University – Ivey Business School
• HEC Montréal
• York University Schulich School Of Business
• Smith School of Business – Queen’s University

PhD After MBA In Finance

PhD in Finance gives students an excellent academic career as it is a research-oriented course 3 year course . Students usually pursue PhD in Finance after graduating with an MBA degree in Finance.

PhD in Finance deals with the advanced study of Management Accounting, Valuation of Shares, Cost, Privatization and Globalization, etc.

The minimum academic requirement for applying for a PhD in Finance is Post Graduation in courses with a minimum aggregate of 55% in Accountancy, Economics or Mathematics 

Students are also required to obtain the minimum qualifying marks in entrance exams such as UGC NET, RMAT, JNUEE, GTU PhD Entrance Exam.

PhD in Finance requires expertise in subjects like Mathematics and Economics .

The top universities offering this program are:

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

Scope Of PhD After MBA in Finance

PhD after MBA in Finance has opportunities after opportunities. There is a wide scope of opportunities and many companies look out for such candidates to hire because of their skill and both theoretical and practical knowledge.

Students once graduated with a PhD in Finance after MBA often find work as Stockbroker , Statistician , Finance Manager, Corporate Banking Executive , etc.

Top companies like the ones mentioned below seek to recruit the candidates who have completed their PhD in Finance.

• TATA Consultancy
• Genpact Technologies Ltd

PhD After MBA In HR

PhD in Human Resource Manage ment is a doctorate program spread over 3 to 5 years and deals with the policies and teaching processes that organisations follow to maximise efficiency and productivity. It also teaches the candidates the necessary skills required to become an efficient human resource manager.

The minimum academic requirement for applying for a PhD in HR is Post Graduation in courses with a minimum aggregate of 55% from an Indian institute or a recognised foreign institute.

Students are also required to obtain the minimum qualifying marks in entrance exams such as UGC NET, CSIR NET, JNUEE

Scope Of PhD After MBA in HR

Students once graduated with a PhD in HR after MBA often find work as Human Resource Manager. HR Executive, HR Consultant, Training Coordinator, Training Manager, Recruitment Consultant, Personnel Manager, HR Director, etc.

PhD After MBA In Marketing

PhD in Marketing is a doctorate program spread over 3 years to prepare students to perform research in marketing fields and also a career in the academic field.

The minimum academic requirement for applying for a PhD in Marketing is Post Graduation in courses with a minimum aggregate of 55% from an Indian institute or a recognised foreign institute along with a follow up interview as required by the institute.

Students are also required to obtain the minimum qualifying marks in entrance exams such as  UGC NET, CSIR NET, ICMR JRF

Scope Of PhD After MBA in Marketing

Students once graduated with a PhD in Marketing after MBA often find work as Brand Manager, Market Research Analyst, Marketing Executive, Marketing Manager, New Product Manager, Teacher & Lecturer, Tell Caller/Tele sales, etc

PhD After MBA Salary

Obtaining a PhD after MBA also aids increasing a person’s salary and it can be anywhere between an average salary of INR 2,00,000 to- INR 14,00,000. Graduates can also opt to work in corporate firms or as Professors in MBA universities.

Scope Of PhD After MBA

PhD after MBA opens up doors to many opportunities such as research in various fields such as f inance, management or business. Along with that, graduates can also opt to work in corporate firms or as Professors in MBA universities

Ans. There are many options for students who want to do a PhD after their MBA is done. It is important that the MBA course the candidate has done is for the duration of 2 years . The most common career path that is chosen is teaching.

Ans. You can complete your MBA in 1- 2 years as compared to PhD which takes 4-6 years. So MBA is considered advantageous as it allows the student to start their career far sooner.

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

Ans. Yes, you can do PhD at the age of 40, most of the person who do this are mostly in education sector. The only problem that comes up is that not all programs will be open for you.

Ans: Yes, one can do a PhD after MBA. There are Various Business Schools all over the world that offer PhD programs that can be pursued after an MBA. For the MBA itself, many schools require some years of work experience.

About the Author & Expert

Piyush Bhartiya

Piyush values education and has studied from the top institutes of iit roorkee, iim bangalore, kth sweden and tsinghua university in china. post completing his mba, he has worked with the world's # 1 consulting firm, the boston consulting group and focused on building sales and marketing verticals for top mncs and indian business houses., related posts.

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MBA after PhD

• Updated on  
• Apr 14, 2023

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

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

• Develop advanced and flexible management skills.
• It gives you greater business network opportunities.
• It helps you make the transition from academia to industry.
• One can start their own company from scratch.

Here is a table containing general differences between an MBA and a PhD

Incorporate sector a Ph.D. holder draws an average salary of 10 Lakhs in India. Whereas with 1 to 4 years of experience, early career MBA salary in India can grow up to 7-8 Lakhs.

There are various MBA entrance exams that are open with admission opportunities in top B-School. The list for top MBA exams are 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 date of top MBA exams:

When we talk about MBA in India, the first university which struck our mind is IIM. However, with time numerous universities had 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 package 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

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.  

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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Thinking of Pursuing a PhD in Economics? Info on Graduate School and Beyond

Kasey Chatterji-Len and Anna Kovner

Becoming a PhD economist can provide a fulfilling and financially secure career path. However, getting started in the field can be daunting if you don’t know much about the preparation you’ll need and the available job opportunities. If you’re wondering what it means to be an economics researcher or how to become one, please read on. We’ll review how to prepare for a career in economics research, what an economics PhD program entails, and what types of opportunities it might bring. Economic education is a core component of the Federal Reserve Bank of New York’s mission to serve the community. To empower would-be economists, this post provides information for students who seek a career in economics research. We hope this information will be helpful to students interested in economics, regardless of their background and economic situation.  This information is most applicable to students applying to programs in the United States.  

The Breadth of Economics Research  

Academic disciplines conduct research in different ways, so it’s important to have a basic understanding of the types of questions economists ask and how they approach answering them. There are many definitions of economics, but a broadly useful one is the study of how people, organizations, and governments make decisions under different constraints, and how those decisions may affect their outcomes. 

When answering these questions, economists seek to ground their analyses in models and to be quantitatively precise about the effects they assign to any given cause. The range of topics economists can study is wide, but the accepted approaches to answering questions are stricter. Some examples of what economists might ask: 

• How do different public housing programs affect the children who live there? 
• Does a certain type of law encourage businesses to innovate? 
• How will a change in the interest rate affect inflation and unemployment rates? 
• How much does affordable health insurance improve people’s health? 
• How can poor countries eradicate poverty? 

There are many different subfields within economics, including, but not limited to behavioral, econometrics, energy/environmental, development, financial, international, monetary, public, and urban economics. You can familiarize yourself with the latest work in economics by subscribing to working paper series, such as NBER’s New This Week or the New York Fed’s Staff Reports . To get an idea of the breadth of questions economists can answer, you could listen to Stephen Dubner’s “ Freakonomics Radio ” podcast. You may also want to explore the Journal of Economic Perspectives , the New York Fed’s Liberty Street Economics blog, VoxDev , or VoxEU .  

What Is a PhD Program Like?    

Economics PhD programs typically last five to seven years. Unlike masters programs, they are often fully funded with a stipend, though most require students to complete teaching assistant and/or research assistant (RA) work as part of their funding package. In the first two years, students take classes, many of which are mathematically demanding. The rest of the program can include additional classes but is primarily devoted to original research with the aim of producing publishable papers that will constitute the dissertation.  

Faculty advisors are a central part of PhD programs, as students look to them for guidance during the research process. Economics PhD programs are offered within university economics departments, but there are similar programs in public policy and business schools. You can look at their websites to understand any differences in coursework and subsequent job placements. 

What Can You Do with an Economics PhD?  

Upon graduation, students can obtain jobs in a variety of industries. Many PhD students hope to become university professors. Governments and public policy-related institutions such as the Federal Reserve System, the U.S. federal government, the World Bank, and the International Monetary Fund (IMF) also hire economists to work on policy, lead programs, and conduct research. Finally, economics PhD graduates can also find employment at a variety of private sector companies, including banks, economic consulting firms, and big tech companies. The pay for these different positions can vary. According to the American Economics Association (AEA), the average starting salary for economics assistant professors in 2022-23 was approximately $140,000 at PhD granting institutions and $98,000 at BA granting institutions. 

Programs often publish the placements of their PhD graduates, so you can look online to see specific employment outcomes. See, for example, the University of Maryland’s placements . Ultimately, economists are highly regarded as authorities on a variety of topics. Governments, nonprofits, philanthropic foundations, financial institutions, and non-financial businesses all look to economists to answer important questions about how to best achieve their goals. Thus, earning an economics Ph.D. can potentially help you to influence issues that are important to you. 

Preparing for an Economics PhD Program  

There are several components to an economics PhD program application: college transcripts, GRE scores, letters of recommendation, and personal statements. Please download the Appendix linked below to learn more about transcripts and letters of recommendation. The Appendix details ways in which you can select coursework, obtain research experience, and develop relationships to position yourself for success as a PhD applicant.  

If you feel that you are too far along in your academic career to take enough of the classes described in the Appendix, this does not necessarily preclude you from pursuing an economics PhD. For example, it’s possible to take some of these classes through a master’s program, or through a pre-doctoral RA job. Some pre-doctoral RA jobs, such as the one here at the New York Fed , may enable you to take classes in preparation for graduate school. If you are concerned about your transcript, reach out to an economist at your university for advice; program standards for coursework and grades vary, and it’s a good idea to get more personalized advice. 

Research Experience   

If you’re interested in becoming an economics researcher and applying to PhD programs, it’s best to get research experience as soon as possible. Working as an RA is a great way to learn how to conduct research and get a better idea of whether it’s the right career path for you. Additionally, it can help you obtain a letter of recommendation for graduate school applications and improve your qualifications.  

All types of academic research can be enriching, but it’s beneficial to gain experience working directly with an economist. To find a position, you can reach out to professors whose work you find interesting or find an RA program at your school. Typical RA tasks may involve data collection and cleaning, as well as running analyses and creating charts to represent results. This is where coding skills become crucial; having taken math, statistics, and econometrics courses will also enable you to take on more responsibilities. 

You may also have the opportunity to conduct your own research, possibly under the supervision of a professor at your university. This research could be self-initiated or part of a course such as a thesis workshop. Self-directed research is a great opportunity to learn about all stages of the research process. It’s also an excellent opportunity to create a writing sample for graduate school applications. Ultimately, though, your motivation for conducting your own research project should be that you want to answer a question.  One thing economists have in common is a love of answering questions using data and theory. 

Research experience is also often obtained after completing an undergraduate or master’s degree. Taking on a full-time RA position before applying to PhD programs is very common and can make you a more competitive applicant. You may either get an RA job working for a professor or participate in a pre-doctoral RA program.  

Research assistant programs are more structured than positions with individual professors or projects, which could be helpful. Universities, parts of the government, think tanks, research organizations, and the Federal Reserve System are all good places to look for research assistant programs. To help you decide which opportunities are most desirable, you may want to ask potential employers : Where do people in this program tend to go afterward? Will I be working directly with an economist? How much of my time will be spent on academic research work? Will I be able to take classes as part of this program? Considering whether an economist will be able to evaluate your performance is an important factor for recommendation letters. The ability to take classes, either through tuition reimbursement or waivers, can also be an important benefit. 

The Research Analyst program here at the Federal Reserve Bank of New York is one example of these programs and you should check it out here . The Federal Reserve Board of Governors also has a large program, and many other regional Federal Reserve Banks have similar programs. In addition, the PREDOC website and the  NBER post listings of RA opportunities. J-PAL and IPA also tend to recruit RAs for economic development projects. Another source of RA opportunities is the @econ_ra account on X. 

Who Should Get a PhD in Economics?  

A PhD may not be for everyone, but it is for anyone—people of all genders, religions, ethnicities, races, and national origins have PhDs in economics. Many economists majored in economics, but others majored in math, physics, or chemistry. Because economics is such an integral part of policymaking, it is important that economists come from a wide range of backgrounds so policy can be stronger and more effective. The inclusion of differing perspectives helps ensure that the contribution of economists to work in public policy, academia, and beyond effectively serves the broadest range of society. 

• Coursework Appendix

Kasey Chatterji-Len is a research analyst in the Federal Reserve Bank of New York’s Research and Statistics Group.

Anna Kovner  is the director of Financial Stability Policy Research in the Bank’s Research and Statistics Group.

How to cite this post: Kasey Chatterji-Len and Anna Kovner, “Thinking of Pursuing a PhD in Economics? Info on Graduate School and Beyond,” Federal Reserve Bank of New York Liberty Street Economics , May 31, 2024, https://libertystreeteconomics.newyorkfed.org/2024/05/thinking-of-pursuing-a-phd-in-economics-info-on-graduate-school-and-beyond/.

You may also be interested in: AEA: Resources for Students

PREDOC: Guidance for Undergraduates

RA Positions-Not at the NBER

Disclaimer The views expressed in this post are those of the author(s) and do not necessarily reflect the position of the Federal Reserve Bank of New York or the Federal Reserve System. Any errors or omissions are the responsibility of the author(s).

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When the PhD path leads to career struggles

A doctoral degree is a major commitment. Think carefully.

I appreciated reading Kara Miller’s The Big Idea column “PhD: Pretty heavily disappointed” (Business, May 22), about people with doctoral degrees struggling to build careers in academia. It made me think back to a conversation I had when I was about to graduate from high school.

I happened to run into a former track coach of mine, and as we were reminiscing he asked me what I planned as a major in college. “History,” I responded. He said, “Why don’t you take some computer classes also? It never hurts to be able to do something useful.”

I did not reflect on his motivation at the time, but my track coach was a young guy, and he was probably giving me advice straight from his own life, as a parent trying to raise his own young children. I did take computer classes in college and ultimately received a PhD in chemical engineering. I always remember that conversation as being a kind of turning point.

Earning a doctoral degree is a life commitment of great proportion. It can take, as Miller notes, between four and seven years. If we think of working life as roughly between the ages of 22 and 65, then a PhD requires more than 10 percent of a person’s working life. People need to think carefully about that investment.

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Two powerful arguments in favor of the path of science, technology, engineering, and math are that there tend to be more STEM jobs for PhDs, and many universities’ STEM departments are generous in covering their PhD students’ tuition and cost of studies, including a stipend toward food, rent, and other expenses.

Stuart Gallant

Not much has changed in 30 years

As I prepared to graduate in 1995 with a doctor of education degree from the Harvard Graduate School of Education, my mother memorably said to me, “Of my four children, you are the one with the most education and the smallest salary.” Apparently not much has changed in 30 years.

I must congratulate these students, however, on following their passion rather than following the money. I can’t help but think that their lives, though stressful, may contain greater happiness.

Peggy Clark

Lawyers & electricians & philosophers, oh my!

Kara Miller’s column on the career challenges for people with doctoral degrees generated more than 260 comments on Boston.Globe.com. The following is an edited sample of readers’ reactions:

Lots of law school grads are underemployed as well. (PL)

So true, PL. The market in Massachusetts is flooded with talented lawyers seeking work. (Roforma)

Supply and demand, the market at work. (guk)

Investing in education and research in all fields is the hallmark of a society with staying power. Disinvesting from these endeavors signals decline and decay. (Massachusetts citizen)

Electricians, plumbers, mechanics, and other skilled technical professions have no problems getting $100k jobs with great benefits. (ramsen)

Not enough turnover from tenured professors, leaving little space for new faculty. Although the tenured, well-established professors are needed, it’s the junior faculty who are hungry and with new ideas that help build new programs. The whole graduate program model is a bad model. I worked two jobs, had my tuition and some type of minimal student health insurance and could barely cover the rent with my stipend, and the second job paid for everything else. Though I was working on many faculty projects, it was the faculty who said this would be good for me. Never did they say it was also good for them. (TravelerofNJ2)

I just retired from a tenured faculty position in science. I’m in my early 70s. I have colleagues who are still doing what they do well into their 70s, a couple approaching 80. There is no active incentive from the university to move the older faculty on, to make way for a new generation. (Lola-lola)

The next step is for adjuncts to go on strike across the nation and hold colleges and universities accountable. The current system is completely absurd. (Wordsmith2358)

Universities should be required to release disclosure data about the fate of their PhD graduates. (davidman820)

I knew an attorney who managed a Cheesecake Factory. She had worked in food services through school. As an attorney, she really did not make that much money and was not doing the field of law of her choice. How many real estate closings can you do without dying of boredom? She went into management in the food industry and makes the same salary. (Antietem)

It was always a question and puzzling to me why people study philosophy. (Blazer27)

Globe Opinion