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Top 3 Careers to Pursue with a Doctorate in Business Administration

June 20, 2022 By Contributor

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Brought to you by Marymount University:

Once you’ve completed your MBA, you may want to push forward and move towards earning your Doctorate of Business Administration to extend your career possibilities. Whether you’re already working in the business field and are looking to expand your opportunities or are completing your studies as a student, there are many benefits to achieving your DBA degree.

A DBA degree can open the doors to various new and exciting business careers. With a higher level of expert knowledge, including ethical leadership and data-driven decision-making skills, graduates of an online DBA can use their skills in a wide range of business niches.

A postgraduate degree in Business Administration can help you graduate with more marketable skills to be used in the real world. Over 95% of DBA graduates find sustainable work within six months of graduation. Let’s take a closer look at a few exciting careers that are open to DBA graduates.

Business Consultant

If you’re interested in working in many different fields of business, you may want to consider providing services for different companies as a business consultant. Also known as business analysts or management consultants, your primary role is generally working with individual companies to help them on specific policies or projects.

As a business consultant, your primary role will be to analyze past data and communicate with senior company agents to make suggestions to help their projects move forward smoothly. You may work with a specific company for many months or for just a few days. Business consultants can earn a six-figure salary for sharing their expertise. Average starting salaries are $105,000 per year.

Economist

If you love following numbers and trends, you may fit into the unique role of an economist. Understanding industry trends and economic patterns is part of an economist’s expertise. Most professional economist agents will gather data to be analyzed and reported using technological software and other industry tools.

Economic specialists find that earning their DBA is helpful in business communication and gaining an understanding of trends in multiple markets. A DBA degree can help economists better understand the functioning of different business models and how their analysis can be helpful. Experienced economists holding a DBA can earn more than $200,000 per year.

Director of Human Resources

As a director of human resources, you’ll be capable of working in any business field. Your primary responsibilities will be in the implementation of company policies, recruiting, evaluating staff, and dealing with necessary disciplinary actions. Human resource directors often work closely with senior management staff to coordinate specific training and the maintenance of company goals and culture.

This role also includes involvement in developing role descriptions, compensation packages, and the distribution of benefits. A director of human resources’ average salary is $175,000 per year.

If you’re interested in expanding your opportunities in your current career or want to specialize your skills by continuing your studies, you may want to consider these exciting careers open to you when you earn your DBA.

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