PhD in Management
The Doctor of Philosophy is the highest degree one can pursue in his or her area of interest. There are numerous fields in which a PhD can be attained. Medicine, Law, Business and Finance, Arts, Engineering, Literature etc. are dominant fields wherein attaining a PhD is common. This, however, is not as easy as it may appear. A lot of unwavering focus and determination is required to pursue a PhD program. Post PhD you either join the traditional academia, immerse yourself into research or go back to the industry. Most experts say that joining the workforce fetches you a higher package and is the most lucrative amongst the other options.
With this little background for our readers; we will now discuss in detail about PhD in Management. But before we do so, we urge all our readers who intend to pursue a PhD to think for themselves as to why they would want to pursue this degree and what their post PhD goals would be.
Most people prefer opting for a PhD after their Masters. Though countries like UK, Australia, Germany and Canada generally prefer students having Masters before their PhD programs; the USA does not have this as a stringent requirement. Which means you may apply for a PhD program post your Bachelors if you are considering the USA as your study destination. However, you must also note that different schools have different requirements and hence it is best to check the individual school websites for entry requirements. Since you would be dedicating the most crucial 6-7 years on an average in studying a subject you should be sure of the specialization or subject you are choosing. Not having enough clarity on what your post PhD goals would be could prove detrimental.
The PhD after MBA opens up a wide range of avenues for you
. If you are someone who has pursued a PhD after completion of an MBA Degree you may consider applying to the Ivy League schools for the position of a Professor. Teaching is a profession that most PhD holders aspire to get into since it is a rational decision. Some Tier 2 schools do not even require a PhD degree; if you are an MBA graduate you could directly apply for a Professors position. But that anyway is not a topic of discussion for us today. Coming back, the point is you have to understand what you see yourself doing in the near future. With that clarity in mind, you know how your career is going to shape up.
Getting into research is another rational approach for most PhD holders. Research into what? Finance, Operations, Strategy, Marketing, Accounting etc. it could be anything related to management or business. While these are atypical areas of specialization there are other areas like public policy, business economics, entrepreneurship, healthcare management etc. that are attracting more and more candidates these days. If you have specialized in any of these topics as a PhD student and love data interpretation, a career in research may just be apt for you. Digging deep into the subject and not just being happy with the superficial knowledge earned is the motto of any PhD program. So if and only if you are interested in some crucial data-driven study, should you consider pursuing a PhD and a career in re
search thereafter. Remember the research you conduct and the data and the interpretations you provide are going to aid the industry in some big decision-making. And if you choose to join some of the big names in the Consulting arena, who knows the research you do for them might just be used as a case-study.
We thought listing a few university names offering PhD in Management may come in handy for you:
- Weatherhead School of Management, Case Western Reserve University, USA
- Stanford Graduate School of Business, USA
- The University of Texas Arlington, USA
- Sprott School of Business, Carleton University, Canada
- Rotman School of Management, University of Toronto, Canada
- UNSW Business School, Australia
- The University of Melbourne, Australia
- The University of Manchester, UK
- University of Leicester, UK
We hope we were able to clarify some of your doubts and that you found this article useful.