You can become an expert in business theory and further your career in academia or research with an online PhD in business. On the other hand, DBA degrees online can assist you with gaining practical experience in the sector and can position you for a position in senior management with a high pay.
Are you prepared to investigate some of the best online PhD in business alternatives? Here are the top DBA degrees online available right now, along with useful details for working adults considering further education.
What is a DBA?
A terminal business-focused degree that offers practical information that can be employed right away in the workplace is a doctor of business administration, or DBA.
What Distinguishes a DBA from a PhD in Business Administration?
A PhD in Business Administration and a DBA are both business-related degrees, although they are very distinct from one another. A research-focused doctorate in business administration is perfect for students who want to work in academia and advance business studies. The theoretical knowledge that can be used in business and company management is the main focus of a DBA degree.
Is a DBA Degree Worth it?
It is a personal choice to pursue a doctorate of any kind, whether in business or another field. It involves a considerable time, effort, and financial investment. Although this commitment may be substantial, the potential professional and financial rewards may also be substantial. A DBA degree might be right for you if you have a strong love for business and the drive to seek an in-depth study.
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Common Criteria for DBA Degrees Online Admission
Although specific requirements differ from university to university, an MBA or a similar graduate degree is typically required. Universities normally require students to complete a minimum of 30 credits in a certain subject.
Numerous colleges also require leadership experience in the workplace, and some may partially exempt educational requirements based on this experience. Even though you might need to provide your GPA and GRE results, many universities won’t require them if you have the necessary work experience.
Impressing the selection committee also requires a strong thesis proposal. In addition to the aforementioned prerequisites, you will also need to submit your application and fee, as well as essential paperwork such your academic résumé and letters of recommendation.
What is the Time Frame for a DBA Degree?
An online DBA typically requires three years to complete. However, depending on whether you want to study part-time and how long it takes you to finish your thesis, it can take four years or longer.
Which DBA degree Specialties are Offered?
As part of your DBA degree, you can select from a variety of specialties, such as:
- Advanced Accounting
- Global Business Management
- Health Services
- Strategic Marketing
- Strategic Leadership & Innovation
- Innovation in Healthcare Management
- Accounting
- Finance
- Entrepreneurship
- Healthcare Management
- International Business
- Six Sigma
What is a Doctorate in Business Administration Good For?
You will be qualified to work in a variety of business areas with a DBA. You’ll be qualified for senior roles in the business, scientific, education, healthcare, government, and consultancy sectors if you have one of the best DBA programs online on your resume.
Following are some of the most typical jobs for DBA graduates and their typical annual salaries:
- Chief Financial Officer (CFO) ($139,781)
- Chief Operations Officer (COO) ($119,322)
- Senior Business Analyst ($86,723)
- Market Research Analyst ($55,791)
- Organizational Development Director ($117,532)
- Management Consultant ($90,161)
- Chief Executive Officer (CEO) ($156,059)
- Management Analyst ($68,247)
- Economist ($78,720)
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Best DBA Degrees Online
1. Florida International University, Chapman Graduate School of Business
In terms of international business programs, US News & World Report has ranked FIU third. Its online DBA program, which is geared toward working professionals, covers business theory, quantitative research techniques, and analytics for real-world applications. Although this program is primarily completed online, some in-person study is necessary.
- Courses: Quantitative research methods in business, theory development and advanced modeling, advanced statistical analysis & structural equation modeling.
- Graduation rate: 73.1%
- Type of university: Public
- Location: Miami, Florida
- Credit hours: 75
- Duration: 3 years
- Tuition: $900 per credit
2. Liberty University, School of Business
Only 3% of universities worldwide have ACBSP accreditation, and Liberty University Online is one of them. Your ability to use critical thinking, multivariate decision analysis, and problem-solving techniques to business management difficulties will grow as a result of this DBA program, which is entirely online. You can transfer up to 50% of your prior academic credits into this program.
Specializations: accounting, healthcare management, international business, six sigma and 13 more.
- Courses: Strategic Supply Chain Management, Strategic Thinking for Decision-making, and Human Resource Management.
- Tuition: $595 per credit hour
- Graduation rate: 28.5%
- Type of university: Private
- Location: Lynchburg, VA
- Credit hours: 60
- Duration: 3 years
3. The University of South Florida, MUMA College of Business
USF was listed by US News & World Report as one of the top 50 public colleges in the nation. Online classes for its DBA are held on alternating Saturdays. The third year of the program is reserved for you to finish your dissertation. The first two years of the program are devoted to coursework.
- Courses: Applied Linear Statistics, Business Analytics, and Creativity & Innovation.
- Financial aid: Scholarships and fellowships
- Graduation rate: 72.2%
- Type of university: Public
- Location: Tampa, FL
- Credits: 72
- Duration: 3 years
- Tuition: $1,250 per credit
4. Grand Canyon University, College of Doctoral Studies
The largest Christian university in the world, GCU is a private, non-profit institution of higher learning. This is one of the best faith-based online DBA programs available today. For individuals with non-business backgrounds who desire to earn a doctorate in business studies, this bridging program is also a top online DBA program.
- Courses: Accounting Practices, Applied Business Probability & Statistics, Finance Principles, and Marketing Management.
- Graduation rate: 37.6%
- University type: Private
- Location: Phoenix, AZ
- Credits: 16
- Tuition: $622 per credit
5. University of Maryland Global Campus
The largest public university in the nation, UMGC has provided chances for working adults to further their education for more than 70 years. Its DBA program prioritizes sustainability, innovation, and research and uses a cohort structure for improved interaction among student groups.
- Courses: Foundations of Doctoral Studies, Interpreting & Translating Management Theory in Practice, and Research as a Tool for Management Decision Making.
- Financial aid: Scholarships, federal aid, veteran benefits
- Graduation rate: 25.4%
- University type: Public
- Location: Adelphi, Maryland
- Credit hours: 48
- Tuition: $1,087 per credit
6. Bellevue University
A renowned non-profit private university with a focus on adult education is Bellevue University. This DBA program intends to provide students with the perspective and expertise required for practical responsibilities in business, in contrast to many doctoral programs that educate students for a career in education.
- Courses: Business & Society, Leadership in Global Organizations, and Sustainable Business Development.
- Credit hours: 55
- Duration: 3 years minimum
- Tuition: $795 per credit
- Graduation rate: 17%
- University type: Private
- Location: Bellevue, Nebraska
7. Concordia University Chicago
As a Lutheran foundation, Concordia University was established in 1864 and is now a part of the Concordia University System. Its DBA program adheres to the four knowledge pillars of the college’s college of business: global interconnectedness & inclusiveness, critical thinking & entrepreneurial mindset, communication & human relations, and ethics & social responsibility.
- Specializations: Strategic Leadership & Innovation, Innovation in Healthcare Management.
- Credit hours: 60
- Duration: 3 years
- Tuition: $961 per credit
- Graduation rate: 41.4%
- Type of university: Private
- Location: River Forest, Illinois
8. University of the Cumberlands
The University of the Cumberlands is the seventh-best private university in the country that offers doctoral degrees. This DBA online program is the most accommodating to military personnel out of all those on our list. Students receive in-depth training in business theory and practice through its DBA program. Up to 18 credits from prior coursework may be transferred into the program.
- Courses: Advanced Managerial Accounting, Inferential Statistics, and Comparative Economics.
- Tuition: $500 per credit hour
- Graduation rate: 76%
- Type of university: Private
- Location: Williamsburg, KY
- Credit hours: 66
9. Capella University
- DBA in Innovation and Strategy
With students from more than 60 nations, Capella University is a private university that delivers the majority of its programs online. There are two options to achieve its DBA online: GuidedPath or FlexPath, where you can learn at your own pace and move on to new courses as you finish each one.
- Courses: Effective Organizational Leadership, Strategic Decision Making, and Teaching Business in Higher Education.
- Credit hours: 90 credits (GuidedPath) or 45 program points (FlexPath)
- Tuition: $45,000
- Financial aid: Scholarships, employer and association discounts, and military discount
- Graduation rate: 12.8%
- Type of university: Private
- Location: Minneapolis, MN
Frequently Asked Questions
Do DBA Programs Pay Off?
DBA programs are quite beneficial. You'll be able to fill senior management and executive roles across a variety of industries thanks to them. A DBA program will teach you how to deal with challenges in the industry and is very practical.
What Is the Price of a DBA?
The price of earning a DBA might vary based on the university and program. Some universities charge as little as $20,000 in tuition, while other online business doctoral programs might cost as much as $125,000. In general, private universities are more expensive than public ones.
Is There a DBA Program at Harvard?
One of the first universities to offer both a DBA program and a PhD in Business was Harvard University. However, the majority of the business doctorate programs Harvard Business School offers are PhD programs.
Are DBA programs offered online accredited?
Yes. The top online DBA programs from respectable colleges are accredited by trade associations like the AACSB (Association to Advance Collegiate Schools of Business), just like their on-campus counterparts.
Conclusion
The day when you had to choose between your job, family, and studies is long gone. You have the freedom to balance your studies with other obligations and get ready for a position in senior management thanks to online DBA programs.
These are some of the top online DBA programs available right now, but ultimately, your choice will rely on your preferences for specialization, cost, length, and other factors. A DBA degree earned online, regardless of the program, will undoubtedly advance your career.
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