What are the benefits of a DBA Degree?
There are several advantages you can gain from a doctor of business administration degree. This degree is especially useful for business professionals as it works as a powerful tool to help them excel in their fields. If you are someone who wants a deeper understanding of business operations and how they reflect in organisations, pursuing a DBA will be a great choice for you.
Read this article to find out more about this degree and the benefits you can gain from a DBA.
What is a DBA degree?
DBA stands for doctoral in business administration, a degree awarded to those students who have completed advanced studies in business administration. A DBA degree is a doctoral programme chiefly designed for business professionals to equip them with practical and literal knowledge about the world of business.
DBA is also a multidisciplinary degree, meaning that though most programmes will cover similar business topics and fundamentals, they also provide specialisations which students can choose from. These specialisations may include technology, project management, financial management, marketing and other key areas of business.
The top benefits of a Doctorate in Business Administration
- Stand out from the crowd
As most people opting for this programme are professionals already, this degree gives them a boost to stand out in their field. This is great for those who are looking for advancement or promotions in their respective positions. And while the number of MBAs and other business graduates are increasing every year, a DBA is a unique degree to attract potential employers.
- Higher income opportunities
DBA programmes offer advanced training in business and equips graduates with the skills to make impactful strategic decisions in their respective organisation. When a candidate can bring such improved outcomes for the company, they have better chances of improving their compensation. Often, successful leaders receive improved benefits packages or bonuses as a reward for their good work in the organisation.
- More job opportunities
The DBA degree teaches graduates high-level skills in research and advanced tools which they can use for strategic planning as well as decision-making. With specialisations, a candidate can learn even more. Such in-depth knowledge and dedication to do better in your career will make you a desirable candidate for most employers. The degree is very different from traditional MBA programmes and other business studies, offering you greater opportunities to explore the job market in the future.
- Learn advanced techniques and skills
A DBA ultimately provides students with invaluable lessons and skills in business. Graduates will master advanced skills and techniques and can choose to do specialisations which they will be able to practice in their day-to-day business. This will be a very rewarding experience as a professional, as you’ll be able to formulate and execute successful solutions to practical business problems in your organisation.
- Develop leadership skills
It prepares the students to take up high-level leadership roles in an organisation. C-level executives, CEOs and CFOs often need practical training and carry a doctoral degree to gain the knowledge they need to provide in their workplace. This can help them make lasting impacts and stand out as an organisation.
- DBA is an advanced degree which is not purely academic
Even though it’s a doctoral programme, it is different in its overall application and curriculum than a traditional PhD. A PhD in Business is primarily focused on research and academics. Many DBA applicants are working professionals who can immediately apply their obtained skills and knowledge within their organisations.
Are you planning to advance your career in the competitive field of business? Check out the rewarding business programmes offered by the Berlin School of Business and Innovation (BSBI). They offer innovative business management programmes that are specially curated to train future managers and leaders for advanced and complex positions in the workplace.
BSBI offers a dedicated career assistance platform, a combination of face-to-face and online learning methods for the students. Click here to learn more.