5 Reasons You Need a DBA Degree
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By Careers Desk
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Friday, September 18, 2020.
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Whether youâre a recent graduate or are already working your way up the career ladder, itâs important to consider whether an advanced degree could help you to achieve your goals. When youâre working in a competitive industry, having an advanced qualification certainly gives you the edge.Â
If youâre 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 youâll gain whilst gaining a DBA will set you apart from other candidates.Â
Although itâs 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.Â
2. Professional Reputation
As you make your way up the career ladder, youâll 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 youâre 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.Â
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.Â
3. Specialist Expertise
One of the advantages of pursuing a DBA degree is having the opportunity to focus on a topic or subject thatâs of particular interest to you. Rather than studying modules that are applicable to businesses generally, youâll have the chance to choose your specialist area and build a thesis around it.Â
Whether you currently work in a niche area or you want to in the future, this level of specialism is hard to beat. When youâve studied a particular topic at DBA level, youâll be well-recognised as a leader in the field.Â
4. Enhanced Research Skills
The nature of a DBA programme means youâll 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.Â
Being in a leadership position in business means assessing which opportunities are viable for your company. Using the research skills gained via DBA study, youâll be able to identify the new technologies and processes that can push your company forward. Furthermore, the analytical mindset youâll develop whilst studying will enable you to operate more effectively in the boardroom.Â
5. Increased Remuneration
Few people go into business without thinking about their potential earning power. As you take on an increasing amount of responsibility, youâll 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.Â
Many business leaders receive a âbasicâ 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 companyâs commercial success, you can essentially look forward to unlimited earning power.Â
Is a DBA Right for You?
Before you enrol in a Doctor of Business Administration programme, itâs important to ensure itâs the right way forward for you. While completing a DBA online and on a part-time basis increases the flexibility youâll get, any DBA course is academically challenging and demands a lot from its students.Â
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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