5 Reasons You Need a DBA Degree
By Careers Desk
Friday, September 18, 2020.
Whether you’re a recent graduate or are already working your way up the career ladder, it’s important to consider whether an advanced degree could help you to achieve your goals. When you’re working in a competitive industry, having an advanced qualification certainly gives you the edge.
If you’re thinking about enrolling in a business administration programme or trying to decide whether postgraduate study is right for you, take a look at these five reasons why you need a Doctor of Business Administration (DBA) degree:
1. Increased Employability
Having an advanced degree makes you more attractive to future employers. As a result, you should find it easier to progress to more senior roles post-qualification. To learn more, take a look at the flexible learning options available when you enrol on a Doctor of Business Administration programme. No matter what sector you operate in, the in-depth knowledge you’ll gain whilst gaining a DBA will set you apart from other candidates.
Although it’s not unusual for top ranking managers, CEOs and COOs to have advanced degrees, the vast majority have MBAs. By studying for a DBA, you can ensure you stand out from the crowd and attract the interest of high-ranking employers.
2. Professional Reputation
As you make your way up the career ladder, you’ll become more well-known in your industry. In fact, many business owners, CEOs and visionaries become mainstream names. Being well-known in your industry gives you the opportunity to build a personal and professional brand. When you’re recognised as an expert in your field, for example, you may want to use your skills to secure speaking opportunities or to educate others by writing a book or white paper.
As well as having the professional and practical experience to warrant such a reputation, having a DBA strengthens your reputation. The recognition and respect that comes from having a DBA can open doors that would otherwise remain closed to you.
3. Specialist Expertise
One of the advantages of pursuing a DBA degree is having the opportunity to focus on a topic or subject that’s of particular interest to you. Rather than studying modules that are applicable to businesses generally, you’ll have the chance to choose your specialist area and build a thesis around it.
Whether you currently work in a niche area or you want to in the future, this level of specialism is hard to beat. When you’ve studied a particular topic at DBA level, you’ll be well-recognised as a leader in the field.
4. Enhanced Research Skills
The nature of a DBA programme means you’ll develop enhanced research skills as you collate and analyse information before presenting it in the form of a thesis. From conducting your own empirical research to collecting data from reports, white papers, academic papers, books, case studies and many other resources, you will have advanced research skills upon completing of your DBA.
Being in a leadership position in business means assessing which opportunities are viable for your company. Using the research skills gained via DBA study, you’ll be able to identify the new technologies and processes that can push your company forward. Furthermore, the analytical mindset you’ll develop whilst studying will enable you to operate more effectively in the boardroom.
5. Increased Remuneration
Few people go into business without thinking about their potential earning power. As you take on an increasing amount of responsibility, you’ll want to be recompensed fairly. Of course, the more qualified you are, the higher the salary you can command. While merely having a DBA will enable you to negotiate higher salaries, your enhanced performance as a result of your DBA will push your earning power up even more.
Many business leaders receive a ‘basic’ salary in addition to bonuses or dividends based on company performance. By using the skills and knowledge gained whilst studying for your DBA to transform your company’s commercial success, you can essentially look forward to unlimited earning power.
Is a DBA Right for You?
Before you enrol in a Doctor of Business Administration programme, it’s important to ensure it’s the right way forward for you. While completing a DBA online and on a part-time basis increases the flexibility you’ll get, any DBA course is academically challenging and demands a lot from its students.
However, if you are committed to progressing in your field and you want to reach the top of your profession, becoming a DBA student could be the best way forward. As the business landscape looks set to get even more competitive, becoming a Doctor of Business Administration will give you the skills, experience and recognition you need to reach the top.
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