Management education has become necessary for the professionals searching for career growth – this is an undeniable fact taking into account the fad about management education amongst the fresh graduates as well as working professionals. MBA is on their top priority to board the success ladder.
Does the management education finish with an MBA degree? Most of you will nod with a ‘Yes’ to this question. But this is not correct. PhD in management is the next milestone after MBA when it comes to management education. The question that arises here is how a PhD degree gets an edge over MBA.
Let’s discuss what more PhD in management Admission offer than an MBA:-
More study, more learning
PhD is much more advanced than the MBA in terms of learning. You learn advance concepts and theories of management in MBA – there is no doubt about that. But when it comes to PhD, it is more advanced than an MBA. You are exposed to different new aspects of management learning while pursuing PhD from a renowned institution.
More attention by the industry
A PhD degree holder in management holds better knowledge than an MBA graduate – this is the harsh reality. Hence, the recruiters smelling talent in diverse industries will definitely prefer the PhD degree holders over MBA grads. Hence, with a PhD degree in management, you become an apple’s eye amongst the industries of different nature.
More inclination towards academics
Is academic your cup of tea? You love teaching. Your affirmative response to such answers means that education is your thing. A PhD degree to academics is just like a stamp you need to enter in a disc. Most of the universities prefer hiring only the PhD qualified and UGC-Net certified professionals as their faculty. Hence, a PhD degree unlocks the career avenue in academics.
More growth opportunities
With demand surging across the industries and academics, the PhD degree holders witness more growth opportunities. On the other hand, it gets hard for the MBA grads to switch their industry once worked in an industry for a very long time. PhD degree is your ticket to research-oriented jobs as it reflects your passion towards research and analysis.
More reputation in the society
A PhD degree comes with the title of ‘Dr’ before you name. This title is seen as a very respectable stature within the communities. Once you pronounce your name with the title ‘Dr’, the people naturally start respecting you. MBA is a common thing and every second person is an MBA these days, so it’s not considered as an achievement and something out-of-the-box.
Final Words
The blog features all the benefits of pursuing a PhD in management. Ultimately, it will be only your choice if you want to go for a PhD after an MBA or not. It’s not like that MBA is not that good for your career growth but it is always better to pursue a PhD degree, especially if you are looking to nurture your career in academics.
Although MBAs will fervently expel the requirement for PHDs in a job, most teachers in top Business Schools have a Ph.D.
Along these lines, if you wish to likely be a part of a famous foundation like Harvard, Wharton or some other Ivy League schools; doing a Ph.D. after Executive or Full-time MBA would be a decent idea.Ph.D.
courses after MBA — Why pursue it?To summarize the appropriate response in one sentence, it is the energy for leading exploration in a field you love, which lays the foundation for further studies.
This gives them an edge in tackling business issues.
They are gifted with research techniques, for example, econometrics, and test strategies and so on.The most well-known vocation post Ph.D. courses after MBA is turning into a teacher.
Resources previously engaged with educating the students, want to enlist PhDs as business college professors.
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