Blog Summary
A DBA program helps you acquire mastery and knowledge and sets you apart from professionals with masters. It enables you to become problem-solvers and business leaders with exposure to real-time applications, research methods and emerging trends in business practices concerning leadership, decision-making and global changes. It opens you to opportunities like a management consultant, C-suite roles, professor, economist, etc.
A Doctor of Business Administration (DBA) degree enables you to apply research theories and techniques to solve real-time problems in your organization. It equips you with business intelligence, communication, ethical leadership, advanced technical skills, and the expertise to make data-driven decisions. According to an AACSB survey, 97% of DBA graduates got placed within six months of graduation.
This article will help you get to know about the various opportunities available to you if you are thinking of pursuing distance DBA degree online to progress in your career roles and high salaries. Let’s look at some of the career opportunities after DBA:
1) Management Consultants:
Management consultants are problem solvers organizations utilize their services to help them reach specific objectives and improve performance. Organizations need to evolve and adapt to changing market conditions to sustain to succeed. Management consultants assist in the following:
- Implementing changes crucial for economic health
- Collect data about the company, analyze, identify skill gaps, and areas for improvement
- Offer suggestions to improve business processes and operations based on their observations
They review past data and make detailed presentations with their recommendations on best practices, develop strategies, and transform existing systems and models. You should possess exceptional skills in analyzing data and communicating ideas to help clients make informed decisions.
2) C-Suite Executives:
Professionals with an online doctor of business administration degree and relevant experience in the field can progress to C-level positions like the chief executive officer, chief financial officer, or chief operations officer. CEO, CFO, and COO are top executive positions. They work together, oversee and make decisions concerning critical aspects impacting the future of business, like strategic planning, budgeting, projects, and operations and represent the organization at important events. Also, plan and implement short-term and long-term growth strategies.
3) Organizational Development Manager:
Professionals in this role handle all aspects of organizational development and work towards accomplishing business objectives, devise training programs, take initiatives to facilitate change management, and review the effectiveness of programs and initiatives. They specialize in formulating policies for building excellent organizational structure and behavior. Utilize existing management hypotheses and principles to analyze existing design, identify gaps and offer suggestions for improving communication and interpersonal relationships and efficiency of the workforce.
4) Professor:
Professors teach, research, attend conferences, and publish articles in academic journals. It also involves handling other academic functions like designing the syllabus, managing students, preparing lessons and assignments, conducting exams, and evaluating answer sheets. As an instructor, you will be teaching students in bachelor’s or master’s programs and handling subjects like business administration, workplace management, leadership, human resources, finance, or accounting. After gaining relevant experience, you get to handle DBA students as well.
5) Management Analyst:
Management analysts study and evaluate business systems and processes, identify their strengths and weaknesses, and suggest ways to improve performance. They redesign systems and processes, simplify tasks, measure KPIs, offer practical solutions to real-time problems, and help improve overall organizational efficiency and profits. BLS forecasts 11% growth for management analysts between 2021-31.
6) Economist:
Business economists study economic and market outlooks, analyze data and look for new opportunities for business development. Use the data to forecast economic and financial conditions, prepare reports and develop economic models which help employers understand market trends and demand, formulate policies, and offer recommendations to increase sales. Distance DBA programs online expose you to the latest tools and technologies to analyze and interpret large amounts of data. BLS forecasts 161% growth for economists between 2021-31.
7) Entrepreneur:
Entrepreneurship is a versatile job role; you should be an all-rounder to start a business, gain entry into the market, and become competitive. Your responsibility comprises creating business plans, overseeing daily operations, developing business strategies, identifying new business opportunities, analyzing potential risks, managing conflicts, and handling sales and marketing. You should possess creative thinking to design unique and fresh concepts to promote your business and attract and retain customers.
8) Logistics analyst:
Logistics analysts handle and analyze the logistical operations or supply chain processes of the organization. They oversee all activities of the entire product life cycle, from raw material purchases to the distribution of end products. Analyze inventory status, the process for receiving and distributing products, and the order fulfillment process and work on improving the organization’s SCM systems. Suggest ways to simplify the process of invoicing, tracking shipments and delivery, customer payments, and data entry and minimize costs. Professionals in the field should possess analytical, problem-solving, conflict management, and negotiation skills. BLS forecasts 28% growth for logisticians between 2021-31.
9) Information systems manager:
You will be planning and coordinating for technology integration, determining the technology needs of each department of the organization, deciding on suitable hardware and software products, taking preventive measures to eliminate cyber threats, preparing budgets, and monitoring expenses. You will work closely with your team to install, monitor, troubleshoot, and update systems. Also, create policies for linking technologies and recording and accessing data. Staying up-to-date on the latest technological trends will enable you to evaluate existing systems and recommend software and hardware improvements.
10) Human resource manager:
HR managers oversee and handle the hiring process, salary and benefits, learning and development, frame policies, and ensure best practices in the organization. You will be responsible for recruiting the best talents, overseeing the interviewing and onboarding process, helping them understand the policies and procedures of the organization, and ensuring adherence. Analyze and implement the best practices in attracting and retaining talents and support CSR activities that help organizations portray a positive brand image. BLS forecasts 7% growth for human resource managers between 2021-31.
Job Role | Average Salary in USD pa |
Management Consultant | 99077 |
CEO | 107135 |
CFO | 124524 |
Organizational Development Manager | 75123 |
Professor | 75462 |
Management Analyst | 81475 |
Economist | 97643 |
Entrepreneur | 65107 |
Logistics analyst | 61459 |
Information Systems Manager | 92214 |
Human Resource Manager | 70812 |
source: indeed.com |
Pursuing distance DBA programs online with the Swiss School of Management improves your credibility and mastery in the field. It improves your problem-solving skills, and employers look for candidates who can propose unique and unconventional ideas. Doctoral programs offer the flexibility to choose academic or non-academic career paths with job security. BLS surveys indicate a 1.5% unemployment rate lower than bachelor’s, master’s, or other associate degree holders.
SSM offers the best part-time DBA programs with a comprehensive curriculum that integrates management, ethical and entrepreneurship elements. It is accredited by International Accreditation Council for Business Education (IACBE). We offer one-to-one mentoring and excellent academic support with value-added services. We strive to provide a solid educational foundation with personal and professional development for a flourishing career and the advantage of connecting with a professional network of peers and successful alums.
Dissertation research topics include strategic management, marketing, finance, high-performance organizations, operations management, and business environment.
The doctor of business administration online program helps you:
- Gain mastery in research and advanced tools needed for strategic design and decision-making
- It manifests your commitment to continuous learning, administration, and professional development
- Get to know about effectively leading and operating businesses
- It opens you to several career pathways with high salaries
- Enables you to get noticed by potential employers
- It makes you challenge yourself and triggers your growth
Key Takeaways:
Distance DBA programs online help you acquire mastery and knowledge and sets you apart from professionals with masters. It facilitates you to study real-time problems by integrating scientific research and hypothesis and gives you fresh insights and solutions. It enables you to become problem-solvers and business leaders with exposure to real-time applications, research methods, and emerging trends in business practices concerning leadership, decision-making, and global changes. While traditional Ph.D. degrees help you pursue a successful academic career, part-time DBA programs are specially curated for working professionals with practical experience to apply existing research hypotheses to solve real-time business problems.