The Doctor of Business Administration or the DBA, and the Doctor of Philosophy, or the ‘PhD’, are both universities recognized high-level academic degrees. To attain a highly acknowledged position, you need to make the right choice between these two. There is no doubt that both these university degrees are extremely significant in offering innovative dimensions to the prevailing knowledge. However, the core difference between them lies in their acceptance in professional lives.
With a DBA degree, you approach a more practically applicable business profession, such as owning designations like Chief Executive Officer (CEO) or Chief Operating Officer (COO). On the other hand, with a PhD, you attain academic opportunities as a professor in the departments of Business, initiate scientific research, or opt to be a management analyst. Many other differences need to be considered while opting for either of DBA or PhD. This article offers a comprehensive understanding of DBA vs. PhD.
Research Purpose
The process of research under both DBA & PhD seeks knowledge in the selected domain. The research purpose in both cases remains focused on offering some novel thoughts and formulae. Both consider theoretical and empirical research approaches, followed by thesis service defense. However, when it comes to DBA, the inclination is toward the applied research process for resolving professional hurdles. As a DBA student, you will be allowed to face complicated situations in a business and will be expected to come up with more practical resolutions. PhD on the other hand can remain more theoretical in its approach. A PhD Thesis Student can also opt for a research purpose with a Case Study. However, the outcome expectations are more toward new theories by meeting the research gaps attained from existing theoretical implementations.
Career Relevance.
Both DBA and PhD Thesis Writing are academically relevant. However, unlike a PhD, which is all about an academic-oriented career-building process; a DBA offers scopes to lead organizations and companies. The career option for a PhD is limited to academics; whereas a DBAcan help you get a range of career options. For you, DBA can open high positions in the corporate world and responsible consultants in the Government sectors. With a DBA degree and practical knowledge, you can also turn yourself into an entrepreneur. However, with a PhD, this scope gets very limited.
Time & Cost.
You can consider a DBA or a PhD through both part-time and full-time programs. Though both DBA and PhD degrees can be considered part-time programs, still both programs need intensive study hours, and the full-time option is highly recommended. Moreover, with a DBA you need to get connected to real-life people and issues, so it takes more time than a PhD. When it comes to the cost of DBA andThesis Writing For PhD degrees, the PhD tuition fees are comparatives lesser than the DBA tuition fees. On average, UK universities charge GBP 12,100/year for a DBA and GBP 4,600/year for a PhD. Such differences prevail due to the kind of engagement that DBA demands against a PhD.
Salaries & Earnings.
The ultimate purpose of earning after owning either a DBA or PhD degree makes a huge difference. Though both these degrees will offer you a ‘Dr.’, still there is a huge difference in what you earn. The take-back salaries for DBA holders as CEO, General Operation Manager, Top Company Executive, or Head Marketing Manager could be marked tentatively as £160331, £101900, £87264, or £125183, respectively. On the other hand with a PhD, you can choose to be a professor, Research Analyst, Marketing Specialist, Business Administration, or Author, and can take back a tentative amount of £86932, £747841, £59946, £79080, or £63763, respectively. From the aforementioned differences, you must be well aware of the value that DBA and PhD hold for you. Always remember that a DBA brings in a much more lucrative lifestyle than a PhD, and hence worth the choice.