Business 2000 Business phd sub_topic A Ph.D. in business is usually reserved for those professionals interested in working as a professor or associate at a university; however, there are individuals with the degree who hold high management positions, or work as business consultants. A doctoral business degree offers the opportunity for individuals with a high interest in business to develop focus in a very specific aspect of the field. This is a very highly respected degree, held by relatively few in the field. To learn more about business PhD programs, <b>request free information packets</b> from the online schools listed below. 0 0 0 2720 <p>A PhD in business is the highest degree of education for someone looking to pursue a career in business. It is a useful degree for those who are interested in achieving an upper management business career, a teaching career or a business consulting career. The doctoral degree in business teaches students the detailed aspects of running a business. In order to be considered for a doctoral program in business, an applicant must have already earned a bachelor's and master's degree, preferably also in business.</p> <p>A graduate of the doctoral program may have lofty goals of upper management with their existing company. The graduate could also be interested in starting his or her own business. A PhD in business will teach the student how to solve complex business problems, expand on leadership skills, examine cost analysis and discover new marketing techniques. These complex business organizational skills will help tremendously for a worker in the business management field.</p> <b>Where a PhD in Business Can Take You</b> <p>A PhD in business is rare to find in the field of business, even in upper management. Most business professionals achieve a bachelor's degree or Master's in Business Administration and start work in the field, moving up in a company through their in-house work experience. Those who decide to achieve a PhD in business and pursue a career in the business field may find a higher pay rate and may also be able to move to a higher position within the company faster than those with less education.</p> <p>Many students who are looking to earn their doctoral in business may want to become teachers in the business field. Once students get to the point of entering a graduate school to achieve their PhD, they generally have a grasp on the aspect of the business field they would like to study. Some of the areas of study that universities might offer include accounting, marketing, finance, economics or technology. They can then concentrate on this area of business and take elective courses that cater to their interests. Once the doctoral degree is achieved in the specific aspect of business, he or she can achieve a teaching certificate. With a doctoral degree in business and a teaching certificate, a graduate will have the requirements to become a business teacher at any level in the education system.</p> <p>Business consultants can also find it beneficial to achieve their doctoral degree in business. If already employed by a business consultation company, an employee may find that their employer will help financially in their achievement of the degree. An independent business consultant may find pursing a PhD in Business valuable because clients will assume he or she is more qualified to diagnose and solve their business's problems.</p> <b>Required Education</b> <p>The curriculum for a PhD in Business is more in-depth and challenging than the courses required to obtain a master's degree. A more hands-on and "case study" approach is taken by most colleges in the Doctoral program. Students are required to do many business simulations, class presentations and real world research.</p> <b>Earning Potential</b> <p>While a PhD in business may not be a requirement for a business career, business consulting career or teaching career, a potential job applicant may find it helpful for a higher pay rate and job title. According to the Bureau of Labor Statistics, top executive positions in companies are expected to grow by two percent from the years 2006 to 2016. They are among some of the highest paid corporate workers in the country and in 2006, top executives earned an average of $85,230. Business consulting is also expected to grow in the upcoming years and consultants earned an average salary of $68,050 in 2006. Available jobs in the post-secondary education field are also expected to be on the rise in the coming years and these teachers earned an average salary of $56,120 in 2006.</p> <b>Article References</b><br/><br/> U.S. Bureau of Labor Statistics<br/> <a href="http://www.bls.gov/oco/ocos066.htm" target="_blank">http://www.bls.gov/oco/ocos066.htm</a><br/> <a href="http://www.bls.gov/oco/ocos012.htm" target="_blank">http://www.bls.gov/oco/ocos012.htm</a><br/> <a href="http://www.bls.gov/oco/ocos019.htm" target="_blank">http://www.bls.gov/oco/ocos019.htm</a><br/><br/> Stanford Graduate School of Business<br/> <a href="http://www.gsb.stanford.edu/research/courses/phd.html" target="_blank">http://www.gsb.stanford.edu/research/courses/phd.html</a><br/> <a href="http://www.gsb.stanford.edu/phd/overview/" target="_blank">http://www.gsb.stanford.edu/phd/overview/</a><br/><br/> University of Pennsylvania Wharton<br/> <a href="http://www.wharton.upenn.edu/doctoral/" target="_blank">http://www.wharton.upenn.edu/doctoral/</a><br/><br/> phd-business PhD in Business Ph.D. in Business Administration 2005, 2075, 2240, 2320, 2520, 2740 Accredited Business Administration PhD / Doctorate Degrees & Schools 1 0