The Doctor of Business Administration (DBA) program is the highest qualification in business administration. This is a unique applied research course that helps students delve deeper into strategic or operational business issues. So far, very few students complete this program compared to the MBA. According to Dr. Koilakuntla Maddulety, Associate Professor, Deputy Director – Doctor of Business Administration, SP Jain School of Global Management, DBA is a good degree to have as it opens up high-level career choices for middle and senior management in activity. In an email interview with Nilesh Mathur of the Hindustan Times Online, Maddulety explains the program, its key elements, benefits, where it is taught, the expected salary package after completing the course and more Again :
1. What are the key components of a DBA program? How do you think it is different from the doctorate? in business administration?
The key components of the Doctor of Business Administration (DBA) program are coursework, course evaluation, research work, evaluation, publications, and degree award.
The DBA program is different from the Ph.D. The DBA program is designed for middle and senior corporate executives in an average age group of around 40 years old. The DBA develops skills to make decisions based on scientific evidence based on data. Decisions can relate to strategy formulation, implementation, operations, etc.
In contrast, the Doctorate in Business Administration is designed for young academic researchers around 25 years old. The doctorate develops research skills that help to develop theories or models that enrich the existing literature.
2. How can students benefit from a DBA degree? How can this help them strengthen their career in management?
The DBA program is industry-relevant research and can address specific problems/complicated situations/dilemmas/challenges generating career advancement opportunities for scholars as they prepare to make strategic decisions based on the search results. Upon successful completion of the program, the fellow produces a high-quality dissertation thesis, publications, patents, etc. providing insight into a specific area with a specific solution proposal that results in the career advancement of the DBA graduate in the following areas:
Can grow in current job with promotions and expanded challenging responsibilities
Can change their career from a current corporate position to an independent consultant in their field of research or join a leading consulting organization.
Can create own research organization
Can become a consultant to government or political parties
Can pursue a teaching career in the world’s top B schools as a second career in their life
As a DBA program, students can apply their knowledge of research tools and methodologies in a scientific way to ensure their organizational growth. In turn, DBA students can benefit from leadership positions including CEO, CFO, CHO, CTO, COO, MD, etc., in top multinational companies, some can become the best independent consultants in their field of interest, some can become entrepreneurs, etc.
3. Skills – both hard and soft, play a crucial role for managers. What new skills will the PhD help students develop?
The DBA degree will help students mainly develop research skills, scientific research skills to identify business problems and growth opportunities, high-level analytical skills to dive deep, scientific problem-solving skills, strategy formulation and deployment skills. In addition, the DBA program guarantees cognitive and generic skills that include fundamental skills, interpersonal skills, necessary for business leaders.
4. What sets the DBA course apart in an ever-expanding community of MBA graduates? Please let us know the best career options for graduates?
The DBA is the highest level qualification in business administration and very few professionals are available with DBA degrees unlike the MBA. The DBA therefore stands out as a unique applied research course that helps students delve into strategic or operational business issues. The best career options for DBA graduates are:
Become an independent consultant in the selected field of business management,
To join a leadership position in top consulting organizations
Create their own research organization,
To ensure elevation in their current organization,
Become teachers by practice in the best schools b around the world, etc.,
5. Which sectors have shown increased demand for DBA graduates?
The demand for DBAs is continuously increasing as DBAs can make better decisions based on research.
Consulting organizations, multinational corporations for high-level positions, and research organizations primarily seek DBA graduates.
6. Name some of the institutes in India that offer quality programs in Doctor of Business Administration?
SP Jain School of Global Management is the only Australian school to offer a high quality DBA in India. There are many traditional Ph.D. and scholarship programs in India. Some of them are IIM Ahmadabad, IIM Bangalore, IIM Kolkata, IIM Indore, IIM Ranchi, SOM IIT Mumbai, XLRI, IMT, NMIMS, Great Lakes, etc.
7. What kind of salary can graduates expect after taking this course?
SP Jain School of Global Management (SP Jain) The average package is about Rs. 1,00,00,000 (about 1 Cr) pa, the rest is not comparable with SP Jain DBA program, but the average package can be around ₹20,00,000 pa
8. Is there an advantage to taking a DBA course abroad? Name some of the best institutes teaching this course?
Yes, if anyone wants to invest a good sum and settle abroad, I recommend the following best B schools to study and settle in the respective countries.
SP Jain School of Global Management
University of Western Australia
University of Florida
University of Wisconsin
Georgia State University
Aberdeen Business School
Hong Kong Municipal University
EU Business School
Victoria Graduate School of Business
9. What is the fee structure for students to take this course in India and abroad?
SP Jain School of Global Management – Fees are approx. USD 25,000 for India/online and approx. $50,000 for Sydney.
Average DBA fees range from $25,000 to $95,000.
10. Are there any scholarships available for students to take this course.
The DBA is designed for working middle and senior managers whose average age group is around 40 who cannot sacrifice their work but can sacrifice their weekends, so there is no scholarship requirement , therefore, universities or schools do not offer scholarships for DBA students.
Fellowships are generally available for Ph.D. students whose average age is around 25 years old, and they are full-time researchers and expected to work for their professors’ projects and provide academic support to universities/schools.
(The author Koilakuntla Maddulety is Associate Professor, Deputy Director – Doctor of Business Administration, SP Jain School of Global Management. Opinions expressed here are personal.)