DBA vs. Ph.D. Degree: Which Is Right for You?

Whether you're interested in climbing the corporate ladder, transitioning into academia or becoming a leader in research and business strategy, choosing the right advanced degree is an important decision.

When it comes to business, two primary doctoral degrees often come up: the Doctor of Business Administration (DBA) and the Doctor of Philosophy (Ph.D.) in Business Administration.

While both degrees open doors can open doors to professional opportunities, they cater to different career goals, learning preferences and professional outcomes.

What Is a DBA Degree?

A Doctor of Business Administration (DBA) is an advanced business administration program for experienced professionals looking to enhance their leadership and entrepreneurial skills.

According to Dr. Robin Hinkle, department chair of doctoral programs and DBA program chair at Franklin University, this program is distinctive for many reasons. 

“The DBA emphasizes the practical application of rigorous research to address real-world business challenges. It is tailored for experienced professionals who seek to apply advanced research to improve business practices, drive innovation and enhance their leadership capabilities.”

This practical approach to business strategy and decision-making often makes this doctoral degree the preferred option for those aiming to (1) remain actively involved in the corporate world and (2) advance their careers.

Bonus Resource:Is a DBA Degree Worth It? 

What Is a Ph.D. in Business Administration?

Compared to a DBA, business Ph.D. programs are more research-focused and theory-driven. Ph.D. students focus on producing original research that contributes to the broader academic body of knowledge.

Dr. Hinkle notes that Ph.D. degree programs are often aimed at those interested in pursuing academic careers or contributing to the development of new theories, advanced research concepts and/or knowledge in the field of business. 

With these endeavors at the forefront, Ph.D. graduates often pursue careers in academia, where they can teach, publish research and contribute to the theoretical development of business practices.

Key Differences Between DBA and Ph.D. Programs

Curriculum and Focus

The curriculum and focus of these two degrees differ significantly:

• DBA. Emphasizes applied research, business strategy and leadership development. Coursework focuses on the practical application of business theories and solving real-world problems.
• Ph.D. Centers on theoretical research, advanced methodologies and contributing to academic knowledge. The program often involves more rigorous methodological training, focusing on academic theory and empirical research.

Earning a doctorate is challenging and rewarding, but do you know what to really expect? Download this free guide for tips and insights to help you prepare for success.

Time Commitment and Program Structure

The time commitment and structure of DBA and Ph.D. programs are also different:

• DBA programs. Designed for working professionals and are usually completed within 3-4 years. Many DBA programs are part-time, allowing students to balance their education with their professional commitments.
• Ph.D. programs. Often longer, with most candidates committing to a full-time academic schedule. A Ph.D. can take anywhere from 4-6 years to complete, depending on the research focus and academic requirements.

Dissertation vs. Research Project

A key distinction between the two programs is how research is approached:

• DBA. Students complete a research project/dissertation that focuses on real-world business challenges. Dr. Hinkle says, “The research component in a DBA program is distinctly applied, with a strong emphasis on addressing specific business challenges within an organization. Research projects typically focus on analyzing and enhancing business practices, developing innovative strategies or implementing organizational change.”
• Ph.D.. Candidates are required to produce a dissertation that contributes to academic theory. “Ph.D. research is more theoretical, aimed at contributing new knowledge to the academic field of business,” Dr. Hinkle explains. “Ph.D. candidates are expected to produce original research that advances business theory, often involving extensive literature reviews and the development of complex theoretical frameworks.”

Career Goals and Outcomes

The career outcomes of DBA and Ph.D. graduates are perhaps the most distinct difference between the two paths:

• DBA. Graduates commonly move into leadership roles in corporations, consulting or executive education. The degree equips them with the tools to solve complex business problems, and they often take on roles that require strategic oversight and innovation.

• Ph.D.. Graduate students often pursue academic careers in research or teaching. They may also work in research-intensive roles within think tanks, specialized business research organizations or consulting firms that require expertise in business and human behavior. 

   

Who Should Consider a DBA Degree?

Dr. Hinkle explains that a DBA is ideal for those looking to apply research directly to their business practice, enhance their leadership skills or advance to executive roles within the business world.

This degree is also well-suited for professionals interested in consulting or applying research to solve real-world challenges.

Who Should Consider a Ph.D. in Business Administration?

A business administration Ph.D. is best suited for those that are passionate about contributing to academic knowledge, teaching and conducting theoretical research.

Dr. Hinkle adds to this, saying, “This type of professional doctorate is best suited for individuals aspiring to careers in academia, research or highly specialized analytical roles. Those who aim to make relevant research contributions, publish in academic journals or teach at the university level will benefit most from pursuing a Ph.D.”

Choosing Between a DBA and a Ph.D. Program: Factors to Consider

Personal and Professional Goals

When deciding between a DBA and a Ph.D., consider your career aspirations.

Do you want to advance in business leadership and apply research to solve business challenges? If so, this would be more in line with a DBA.

Or are you more interested in pursuing a career in academia, teaching and contributing to theoretical research? If so, a Ph.D. is likely the direction you'd want to lean into.
 

Program Flexibility and Duration

For working professionals, the flexibility of DBA programs, which typically take 3 to 4 years to complete, can be a significant advantage. Many universities offer part-time schedules that allow students to continue working while earning their degree.

In contrast, Ph.D. programs often take 4 to 6 years, are usually full-time and require a more significant time commitment.

Financial Considerations

According to Lightcast, the total cost of a DBA program can range from $30,000 to $100,000, depending on the institution and program format. 

For working professionals, the shorter duration of DBA programs and the ability to continue working while studying make the financial return on investment (ROI) more immediate.

In contrast, a Ph.D. program may range from $50,000 to $150,000, with many Ph.D. students receiving stipends or grants to offset these expenses, especially if they commit to full-time academic work. 

Ph.D. programs, though longer and potentially more costly upfront, offer financial assistance but may delay entering higher-paying roles due to the time commitment required for full-time academic study.

Bonus Resource: Doctorates in Business: How to Find The Best Program For You

Explore Franklin University’s DBA Program

A DBA degree program is often best suited for professionals already in leadership roles who are seeking to deepen their expertise and influence.

If you're interested in advancing your business career, Franklin University offers a flexible, practitioner-focused Doctor of Business Administration degree. This program is designed to help you apply research to real-world business challenges, enhance your leadership capabilities and take your career to the next level.

Learn more about Franklin University’s DBA program and how it can help you achieve your career goals, or apply today to get started.

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