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The PhD in Management is similar to the Doctor of Business Administration (DBA). [10] The PhD is a research doctorate while the DBA is most often considered a professional doctorate or an applied research doctorate for managers. As such, both PhD and DBA programs require students to develop original research leading to a dissertation defense. [11]
The Doctor of Management (DM or DMgt) is an applied research doctorate (or professional practice doctorate) with a degree focus in management, leadership, and organizational topics." [ 1 ] The intention of the DM is to advance the skills of professionals in research, analysis, theory, and practice in organizations. [ 1 ]
Originally the second of three degrees in sequence – Legum Baccalaureus (LL.B., last conferred by an American law school in 1970); LL.M.; and Legum Doctor (LL.D.) or Doctor of Laws, which has only been conferred in the United States as an honorary degree but is an earned degree in other countries. In American legal academia, the LL.M. was ...
It is worth noting that although SMU has the highest starting salary in the country, it drops all the way down to No. 47 when it comes to median mid-career salary, at $129,300.
These are fields of research-oriented doctoral studies, leading mostly to Ph.D.s – in the academic year 2014–15, 98% of the 55,006 research doctorates awarded in the U.S. were Ph.D.s; 1.1% were Ed.D.s; 0.9% were other research doctorates. [2]
For the purposes of this survey, a research doctorate is defined as "a doctoral degree that (1) requires completion of an original intellectual contribution in the form of a dissertation or an equivalent culminating project (e.g., musical composition) and (2) is not primarily intended as a degree for the practice of a profession."
Universities generally require candidates to have significant experience in business, particularly in roles with leadership or other strategic responsibilities. [5] DBA candidates specialize in areas such as management science, information technology management, organizational behavior, economics, finance, and the like.
Since the 1990s, CEO compensation in the U.S. has outpaced corporate profits, economic growth and the average compensation of all workers. Between 1980 and 2004, Mutual Fund founder John Bogle estimates total CEO compensation grew 8.5 per cent/year compared to corporate profit growth of 2.9 per cent/year and per capita income growth of 3.1 per cent.