Why is the MBA degree essential?
With a completed MBA degree at hand, one has a myriad of options: they might either pursue a job suited to their needs, spring open their business ideas, or look forward to more specialized courses after MBA further to enhance their knowledge.
Globally acknowledged as the world’s most popular management degree, the MBA stands for Masters of Business Administration and is offered worldwide by reputed Business Schools in different Universities that deem a candidate eligible and fit as an expert in Business Administration. Successful MBA degree holders hold a wide range of jobs, starting from CEOs in companies and self-owned business owners to reputed Business Managers and Analysts for private organisations. Accordingly, the MBA degree and courses after MBA cover numerous specialisations like Accounting, Business Ethics, Finance, Marketing, International Business, etc.
Hence, an MBA degree is a foundational course that helps individuals increase their business knowledge while highlighting their professional business goals. Moreover, it increases their chances of bagging high salary jobs.
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What can you pursue after an MBA course?
Usually, after completing the MBA degree, a student is sure to identify the specialisation they want to focus on. They might pursue executive MBA degree programs one can pursue, and it includes a few special courses after MBA, leading to a double degree. Otherwise, there are several short-term courses after an MBA that you can pursue to gain specialisation in a shorter, faster way and in less time. Also, the job sector you wish to enter is a crucial deciding factor in choosing the type of courses one wants to pursue.
Short term courses after an MBA in India
If you want to pursue a short-term specialised course related to Business Administration, here are some short-term courses after an MBA:
- PG Program in Management – 11 MONTHS
The online PG Program in Management with a recommended 10-15 hours a week provides an excellent short-term but rigorous knowledge of essential business management skills. It covers topics like business growth, marketing, strategic time management skills, program management, etc. This course shall help candidates enter the job sector with roles such as HR, Finance, Operations, i.e. entry-level roles with a determined career path to rise upwards.
- ISB Certificate programs in Business Analytics (CBA) – 12 MONTHS
Business Analytics has become a growing part of the Business Administration community. Companies are always on the lookout for Data Managers for analysing business performances and steering towards positive growth of the company. This short-term course is beneficial where business planning is taught using statistical tools. This rigorous but worth it session will provide a candidate with extensive knowledge of business planning and open up avenues in working with data collection and analyses.
- NSE Certification course in Financial Markets (NCFM)- 2 MONTHS
The National Stock Exchange (NSE) provides a certification course on Financial management over diverse modules covering banking, financial theories, management, and real-life problems and solutions. This two-month extensive course is offered online and gives candidates the benefit of a valid government certification along with rich financial literacy. In addition, NSE has test centres all over India.
Systems Application and Products (SAP) is an educational program available all over India that helps candidates learn the various features of financial asset management, cost accounting, personal production operations, etc. Divided into two modules, the Functional and the Technical, the SAP course offers extensive theoretical knowledge and praxis of management ethics. The duration of SAP courses varies in different institutions, but they are usually completed according to an individual’s earning speed within a maximum of 60 days.
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- Personality Development Certificate courses- 6 MONTHS TO 12 MONTHS
A managerial position always asks for a commendable personality, excellent public speaking skills and the right amount of professionalism to keep the company graph positive and upwards. Working professionals take such courses to improve their social skills as well.
The Big Picture: A Doctorate Degree in Business Administration
You have an MBA degree. Now what?
Short-term courses after MBA provide specialised options, but there is always the option of a doctorate degree open. A doctorate, often called the Doctor of Philosophy (shortened to PhD), is a reputed and highest degree that can be obtained in universities.
It is usually pursued after a valid Master’s degree, but in some exceptional cases, it is also possible to pursue a PhD track from the Bachelor’s degree itself. This degree is a research degree typically lasting between 4 to 6 years and is rewarded based on successful research and a valid defending thesis.
Similarly, the Doctor of Business Administration, or the DBA, a doctorate after MBA, is the highest postgraduate research degree conferred upon a candidate in academic management education.
The DBA was introduced in universities to provide professional knowledge and to reinstate an in-depth understanding of Business Administration to mark an even greater niche in the job sector. Much like PhDs in the Sciences or Humanities backgrounds, a DBA lasts between 4 to 6 years and is focused more on practical research skills related to business management. DBA students usually focus on solving real-world business problems through extensive research.
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Summary: Adding a Doctor to your name
We understand how difficult it is for professionals to devote and commit to such an amount of time for a doctorate after MBA in their busy work or education schedules. Indeed, upGrad’s Global Doctor of Business Administration will perfectly fit such candidates. This doctorate program is provided by the Swiss School of Business and Management (SSBM), Geneva, along with the University of St. Gallen and Universite De Geneve.
This doctorate after MBA provides the highest levels of positive professional business skills growth and a better edge over competitors. The minimum eligibility criteria is a Master’s degree (or equivalent) or 5+ years of work experience.
Starting from the 31st of March, 2022, this course will be a right fit for you for many reasons:
- Live 1:1 thesis supervision with guide
- 36 months- with a dedication to 10 hours a week
- No cost EMI options starting at Rupees 16,875/- only
- EduQua qualified
- SSBM alumni status
Designed especially keeping working professionals in mind, this degree provides the liberty to choose from diverse professional specialisations in Business Management, including Data Science, Healthcare Management, Cyber Security, Supply Chain Management, Human Resource Management, etc. Hence, a candidate has numerous research options and a good scope for global networking. This is ideal for working professionals aiming to reach senior professional management.
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How is a doctorate after MBA beneficial for me?
A doctoral degree always gives a candidate an edge over others in the job sector. For a working professional, a DBA is a perfect fit for reaching senior professional managerial positions, like CEOs.
Is a DBA equivalent to a PhD?
A doctorate after MBA, or the DBA, can be ideally called equivalent to a traditional PhD in academia. However, it is best not to compare the two since the goals of both are diverse. The degrees conferred hold the same reputation. But the two degrees differ in the aim of the research, the identification of the research problems, methodology and career orientation. Thus, while the processes may vary, the end degree conferred is a doctorate.
After MBA, which course is the best for an aspiring CEO?
An MBA is a foundational course and a prevalent graduate degree held by CEOs. However, aspiring CEOs starting early should look for further specialisations in the MBA to improve their communication skills and leadership skills. Such concentrations include Finance, Marketing, Public Policy, Environment Sustainability, Health Administration, etc.