The Pros and Cons Of Executive PhD In Business & Executive DBA ProgramsMost people that get doctorates in business end up pursuing a PhD in Business Administration. However, executive doctoral programs make a tremendous amount of sense to me. Strictly from a consumer choice and industry dynamics perspective, having additional variance in organizational forms has its pluses. It creates but heterogeneity of options for potential doctoral students and also, allows different programs to compete and learn from each other. Besides, not everyone wants to pursue an academic route with their doctorate. Most do, but not everyone. And, having executive doctorates allow people to specialize in the things they want to do. From my perspective, I am also a big advocate of bringing some of the ideas that we research and learn in academia to the ‘real’ world. From a knowledge and technology transfer perspective, I can’t imagine a better way to have a direct impact on the business world. I have heard from some of the best academics in our field discuss that their students often say their best courses are the most theoretical courses. I have even heard a few mention that entire organizations where set up around the ideas they learnt in these theoretical courses. Why, then, would we restrict these student experiences to just 1-2 year MBA courses? Why not exploit the in-depth and rich opportunity of an applied doctoral program where executives get an extended 2-4 year walk into the world of academic ideas? Because I know you are busy, some pros and cons of an Executive PhD program in Business are:
- A reduced emphasis on publishing compared to PhDs programs training you for tenure-track professor positions.
- They allow you to better understand organizations and markets.
- They help you better understand research.
- You can interact with your professors.
- You can leverage the knowledge in your organizations.
- They are expensive.
- They probably won’t help has much as a PhD to become a tenure-track business professor.
- Executive PhDs are a lot of work.
Executive Doctorate Business ProgramsI am going to discuss the advantageous and disadvantages of Executive Doctorate of Business programs. I hope this will help provide an unbiased guide for you when you make your decision. My only goal with this post is that you are informed and you make a wiser choice if you are thinking of pursuing a more practical-oriented Doctorate Degree in Business. Who Am I? I am David Maslach, and I received my PhD in Business Administration from the Ivey Business School several years ago. I am now working as an Assistant Professor of Strategy, Innovation, and Entrepreneurship. Actually, I would consider myself a Professor of Strategy, but my research tends to cross a lot of boundaries, and I really don’t know how to frame my research in an easier manner. I am interested in how firms and their managers learn from failure. (You can learn how to get a PhD in Strategy and Innovation here.) Anyway, I began this platform as a way to give back to the people that have helped me get my doctorate and succeed in this career. I thought the best way to give back is to help others that are interested in this career, but are just a few years behind me and would like some advice about graduate education.
What Are Some Names Of Executive PhD In Business Programs?I have seen Executive in Business programs called many things, and so you should look out for these types of doctorate programs.
- Executive PhD
- Executive PhD In Management or Executive PhD in Business
- Executive Doctorate
- Executive DBA or Executive Doctorate in Business Administration.
- PhD Executive Program
- Part-time DBA Program
- Some-times Schools of Education or Public Policy will have Executive Doctorate In Higher Education Programs.
- There may be more, but that’s all that I am aware of right now. 🙂