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What is Business Administration Course? Everything you need to know

Updated on 19 March, 2024

5.87K+ views
7 min read

Are you someone with innate leadership qualities and business acumen? Read more to know all about a Business Administration degree and how can you utilise it to grow professionally:

What is Business Administration?

Business administration covers a wide range of topics related to business management. A business administration course prepares students for careers in marketing, education, finance, sales, and government.

Companies worldwide are always looking for qualified and talented entrepreneurs to promote their business and increase brand outreach to an extensive market. A business administration degree promises high remuneration, job satisfaction, and rapid career advancement.

In India, numerous institutes across the country offer business administration programs. Let us look into the specifics of business administration courses. 

Eligibility Criteria (UG & PG) of Business Administration

1. Undergraduate Level

Candidates must score between 50% and 60% in their 12th grade. From college to college, the pass percentile differs. General applicants must be above 22 years old, whereas reserved candidates can be 24 years old. 

The organisers prepare a cut-off list and ranks after the scores are released. Candidates who pass the test progress to the counselling round, where they are assigned colleges based on their rankings.

2. Postgraduate Level

Candidates must have a bachelor’s degree or equivalent degree from an accredited university in any field. A baseline score of 50% is required for a bachelor’s degree. 

It is crucial for students to take entrance examinations such as the CAT, MAT, and CMAT. Students can enrol in colleges and universities based on their entrance exam results.

Entrance Exam for Business Administration

SET

The Symbiosis Entrance Test (SET) is an entrance examination for undergraduate degree programmes. A minimum of 50% in 12th grade (45% for SC/ST students) must partake in SET. This exam is conducted for 150 minutes long and takes place online. Candidates who pass the exam are admitted to undergraduate business administration programmes such as the BBA.

CAT

The Common Admission Test (CAT) is a national entrance exam for postgraduate admission to various programmes. To take the CAT, a candidate must have a bachelor’s degree with a minimum of 50% scores. CAT is conducted once every year.

SNAP

The Symbiosis National Aptitude Test (SNAP) is for candidates seeking admission to postgraduate programmes. It’s a two-hour test covering general English, reading comprehension, verbal thinking, and quantitative aptitude. Every year, 60,000 MBA aspirants take the CAT exam.

XAT

The Xavier Aptitude Test (XAT) is a prominent MBA entrance examination. Over 160 colleges in India offer the XAT test. It is conducted online, with 100 questions. 

MAT

For MBA admissions, the Management Aptitude Test is administered all over India. Over 600 Indian MBA institutions recognise the MAT score. This entrance exam is held four times a year, both in offline and online formats. 

Required Skillset for Business Administration

Business Administration demands advanced industry skills and professional traits. Candidates must be quick learners, able to thrive in high-pressure circumstances, and analytical thinkers. Most students pursuing business administration courses aim to bag upper management roles. 

This course introduces you to the principles of leadership, corporate ethics, and much more. You must be adept in:

1. Financial Management

Students should be able to budget and manage their money. This ensures that they can handle a company’s finances through meticulous budgeting and financial planning. In addition, financial management abilities help you anticipate cash flow and sales.

2. Negotiation and Communication

When it comes to pricing, business managers must be excellent communicators. They need to interact and communicate with team members, senior management, vendors, clients, etc., regularly. Additionally, they must possess compelling written and verbal communication abilities. 

3. Leadership

In business administration, leadership abilities are crucial. Actionable leadership helps you command a team and inspire co-workers to perform better. A leader’s role is to guide and mentor team members to accomplish short-term and long-term goals.

4. Project Planning and Management

Since business executives juggle multiple projects and responsibilities daily, they must be efficient and organised. They should be able to prioritise tasks and adhere to timelines. Plus, they must manage company resources through strategic planning. 

Diving into the future after your BCA? Explore the diverse career options after BCA that can propel you into exciting tech roles and industries.

Scope of Business Administration 

Business administration is a promising career path that you can pursue immediately after finishing high school. Students with a business administration degree have an analytical and computational mindset. They must be capable of comprehending financial, economic, and human resource principles. 

The great thing about a business administration degree is that the employment opportunities are diverse. Aspirants who have completed their bachelors in business administration usually go for an MBA. However, they might opt for entry-level jobs in banking, business consultancies, real estate management, manufacturing, advertising, marketing, business development, sales, product development, IT, telecommunications, etc. 

We have listed some of the primary career profiles that one can pursue after completing a BBA:

Human Resource Executive (HR Executive): A Human Resource Executive (HR Executive) ensures that the organisation’s strategies, methodologies, and HR programmes are implemented following professional benchmarks, state and federal administrative requirements, and regulations. An HR Executive’s primary responsibilities include planning, advising on HR strategy to C-level executives, and managing HR tasks like enrolment, remuneration, etc.

Marketing Manager: Marketing Managers work with product managers and marketing executives to brainstorm marketing strategies for product promotion. They analyse campaign performance, perform competitive research, define marketing campaign goals, and head all marketing-related activities of the firm. 

Sales Executive: Usually, Sales Executives deal with developing and implementing strategies to improve corporate sales revenue and market share.

Research and Development Manager: R&D Managers lead and manage a company’s research and development programs to meet the business’s needs. The R&D Manager’s job includes determining the scope of research projects and ensuring they are completed on time, within the set budget.

Business Administration Course Curriculum

Undergraduate business administration programmes are three-year programmes that address advanced business ethics, leadership, and decision-making concepts. Business administration is open to candidates from all educational backgrounds (science, arts, and commerce). It moulds students to become leaders and entrepreneurs. 

A BBA course is available in on-campus and online formats. Human resource management, economics, sales, information technology, computer application, finance, international business, and hospitality are a few popular specialisations available in BBA. 

Usually, the course is of three years, divided into six semesters. Students begin their journey with the basic-level topics and progress to more advanced topics in the later semesters. 

Types of Business Administration Courses 

1. Full-time BBA: This course is for three years and is subdivided into six semesters. It is the most common option for BBA aspirants. The method involves physical lectures, examinations, apprenticeships, and final job placements. There are around 4600 colleges in India offering this course. A course costs typically approximately between INR 3 to 6 lakhs

2. Part-time BBA: This course is equivalent to a conventional BBA, except all lectures are conducted on a part-time schedule. The degree is a three-year course, but the studies may be performed on evenings, weekdays or even weekend classes. This program is ideal for professional individuals who wish to graduate while they work. There are approximately 30 colleges in the country. This course costs anything between INR 50,000 to 60,000.

3. Distance/Correspondence BBA: The difference between a conventional BBA and a correspondence course is that the latter isn’t conducted on-campus. Candidates can apply for employment via mail and virtual communication. This remote BBA option is affordable, making it more suitable for candidates who cannot pursue a full-time course. In India, about 250 colleges provide distance BBA courses. The typical program fee ranges from INR 45,000 to 60,000.

4. Online BBA: The relevance of this course has increased significantly in the last few years. It is entirely conducted online in a virtual classroom model. All the lectures are offered via online meetings and recordings. Some courses also allow for one-on-one interactions with instructors, like upGrad courses. The fee structure varies according to the institution, the fee structure varies from INR 27,000 going up to INR 3,00,000.

Conclusion

Business administration is a highly lucrative career option for aspirants aiming to fast track their career growth with a professional degree. 

If you are keen to pursue business administration, opt for upGrad’s Global Doctor of Business Administration course. This 36-month long course is specially curated for Working Professionals. It comes with personal thesis support and international opportunities for research. It includes attractive networking opportunities, which could be a game-changer for your career.

Frequently Asked Questions (FAQs)

1. Is MBA Degree Worth it?

Yes. Pursuing a master’s in business administration gives you an extra edge in the job market concerning business administration.

2. Do MBA graduates earn more than those with only a BBA degree?

Yes. MBA is a post-graduation degree that adds to a person’s skills and experiences. Just doing a BBA degree can land you an entry level job, but MBA holders get placed in senior leadership roles.

Did you find this article helpful?

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As it’s an online program, you can learn from anywhere at any time, making it a highly flexible course.  You can complete this program part-time and within two years, which is a huge advantage because most doctorate programs last for 3-5 years. By the end of two years, you’d be a specialised management professional with a DBA degree from one of the most renowned business schools in the world.  You only need to have a master’s degree (or equivalent) or 5+ years of professional work experience to be eligible for this program. You will receive one-on-one thesis supervision and international academic support during the course.  It is suitable for working professionals who want to transition into the C-suite and senior management professionals who want to become experts in their industries.  The program offers 12+ specialisations including:  Machine Learning Data Science Finance International Business Leadership Energy Management Global Supply Chain Management Human Resource Management Accounting Entrepreneurship The following points will provide you with additional information about our DBA program:  About SSBM Geneva and upGrad The Swiss School of Business Management is an innovative global school with over 30 industry partners and offers Swiss quality education and excellence. They are accredited by EduQua.  SSBM Geneva focuses on helping their students acquire critical thinking and reflection habits so they can understand today’s society. 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You’ll have to review the existing strategies of your organization and determine how well they have been working out for your business. Due to the advanced nature of this role, companies look for highly skilled and qualified candidates for becoming their strategist. Strategists are experts in management and other domains of business. Hence, if you want to become a strategist in India, the best way to do so is through taking a Doctor of Business Administration course. Taking a Doctor of Business Administration (DBA) course will equip you with the expertise you need to pursue such an advanced role. It will help you stand out from your peers and become a sought-after professional. It will put you at a competitive advance as you’ll learn advanced managerial skills designed for upper management and leadership roles. Moreover, a DBA degree is an advanced degree that’s both professional and academic.  Getting a doctorate in management will also help you network with other advanced management professionals, allowing you to make professional progress faster.  More About the Course We offer a Global Doctor of Business Administration program with the Swiss School of Business Management, Geneva. It’s a 24-month long online program that helps you transition into the C-suite and helps you become an expert in your domain of choice. SSBM has a world-renowned faculty and has produced some of the most cited academics in the world. While most doctoral programs last for 4-5 years, this program lasts for two years due to the careful and meticulous selection of only the most motivated and committed students. The program offers multiple specialisations so you can focus on a specific domain. Some of those specialisations are: Business Analytics Data Science Human Resources Accounting Machine Learning Project Management Technology Entrepreneurship Finance Healthcare Management Supply Chain Management There are four stages in the program:  Research Methodology I Research Methodology II Research Proposal Thesis Writing The course requires you to have a master’s degree (or equivalent) or 5+ years of professional experience to be eligible. You will also get personalized feedback on your submissions and research. The program offers timely doubt resolution by industry experts and 100% expert-verified responses.  It’s also an excellent way to network as you’ll have the opportunity to network with accomplished professionals, faculty and industry experts from 75+ countries. You can leverage SSBMs industry collaborations with 70+ corporates during the program.  Along with all of those benefits, you will also get dedicated supervisors who ensure you get a seamless experience in the dissertation, research and learning. If you want to learn more about this course, click here: Global Doctor of Business Administration.  Conclusion We hope that you found our article on how to become a strategist from being a manager helpful. Making the transition from manager to strategist might seem challenging but if you have a well-laid-out plan, it becomes much simpler to accomplish. If you’re interested in advancing your management career and becoming a business strategist, you can check out the course we have shared above.   
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by Dilip Guru

26 May'21
Welcome to the New Era in Business Education – Doctor of Business Administration

5.55K+

Welcome to the New Era in Business Education – Doctor of Business Administration

Every industry evolves with time and business education is no different. The new challenges of our data-driven world require a more experienced and knowledgeable professional to tackle them.  This means the traditional MBA might not be sufficient for all business roles. That’s why the demand for doctor of business administration professionals has started rising.  In the following points, we’ll make you acquainted with what is a doctorate in business administration and why it’s getting popular:  What is a Doctorate in Business Administration? A doctorate in business administration or DBA in short is an advanced program for management professionals who want to take a step further and become experts in their domains.  Keep in mind that a DBA is different from a PhD in Management as their demographics, motivation, skills outcome and format vary vastly. A DBA is for working professionals with prior experience who strive for growth. DBA courses aim to help the candidate frame and communicate research findings towards problem-solving applications.  A doctorate in business administration focuses on helping you get a deeper understanding of your chosen field and become a domain expert in the same.  It allows you to solve practical problems in your field by enhancing your knowledge base and enhancing your ability to combine different ideas and innovate.  To answer the question “What is a doctorate in business administration”, you should look at the following features of a DBA program:  A DBA program focuses on the use of others’ research to solve real-world business problems.  It usually has core requirements, a research component, electives and a final project such as a short booklet, peer-reviewed journal articles or a dissertation project. The dissertation project is a must to complete a DBA as it allows you to demonstrate your advanced knowledge and prove that you’re adding to the body of knowledge. Most people who take a DBA program are working professionals so the program should be part-time and flexible instead of requiring the student to leave their job for studies. A proper DBA program will equip its students with the ability to conduct quality research and develop advanced skills related to crucial domains such as communication and technology.   Why Get a Doctor of Business Administration There are many benefits to joining a DBA program. The following are the most prominent ones amongst them:  Stand out Among the Competition Having a DBA will help you stand out among the numerous MBA professionals. In the current highly competitive industry, being able to stand out from your peers will put you at a great advantage.  First, it ensures that you can easily bag senior roles in your organization. Companies prefer having a domain expert in a senior role, and with a DBA qualification, you’d be a suitable candidate.  Having a DBA shows that you’re dedicated to professional and personal growth. DBA graduates take the edge over MBA graduates as they are rare and more qualified.  Specialize in your Field If you’re interested in learning more about your specific domain, then getting a DBA will help you a lot. DBA courses are made to help a candidate learn the advanced concepts of their chosen field and become a thought leader in that sector.  These courses focus on helping you specialize in your field by helping you develop a deeper understanding of that field’s different aspects. Reputed DBA programs offer multiple specializations. For example, upGrad’s DBA program offers specializations in numerous sectors such as Machine Learning, Data Science, Finance, Technology Entrepreneurship, Business Analytics, and many others.  An In-Demand Qualification Not many people have heard of a doctor of business administration program. So you can understand just how few people are actually pursuing a DBA program currently. It’s a highly advanced program and requires the candidate to have ample work experience and knowledge of their field.  Due to these reasons, there’s a shortage of DBA professionals in the market. There’s a global demand for professionals that have this qualification. Companies want highly specialized and experienced management professionals who can help them solve the complicated business problems of modern industries and accelerate their growth.  Phenomenal Pay According to PayScale, the average pay for a doctorate in business administration professional is INR 26.77 lakh per annum. In contrast, the average MBA salary in India is around INR 7 lakh per annum. This means the average pay of a DBA professional is nearly four times the average pay of an MBA professional.    If you want a better paycheck and enhance your financial prospects, getting a doctor of business administration would be the best thing to do. You’ll become eligible for senior management roles in different organizations once you have a DBA qualification such as Senior Marketing Manager, Information Security Manager, CEO, etc.  Succeed in your Business Maybe you aren’t interested in attracting employers but want to start your own business. Completing a DBA course will teach you the latest business and management skills you need to run a business. You will be an expert in your industry, which will help you solve your business’s problems quickly and effectively. It would also help you make better-informed decisions and organize the different departments of your business efficiently.  Not only does a DBA program make you a specialist in a domain, but it also makes you familiar with the advanced concepts of business and management. Another added advantage is that you wouldn’t have any difficulties in attracting investors to your company. Investors and stakeholders would trust you more than your competitors due to your qualification and domain knowledge.  Conclusion At upGrad, we offer a Global Doctor of Business Administration program with the Swiss School of Business Management, Geneva. It’s a 24-month online program that offers multiple specialisations including Global Supply Chain Management, Energy Management, Machine Learning, Data Science, Finance, and many others. We offer international academic support and one-on-one thesis supervision in this program, allowing you to learn all the concepts smoothly and efficiently.  The program allows you to network with accomplished professionals, industry experts and faculty from 75+ countries. Moreover, you will have a dedicated student success mentor who would help you with all non-academic matters.  If you’re interested in getting a DBA, do check out the course.   
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by Rohit Sharma

31 May'21
Top 5 Reasons for a Doctorate in Business Management

5.29K+

Top 5 Reasons for a Doctorate in Business Management

Why get a doctorate in business management?  There’s a point in every professional’s career where they wonder what they can do to grow professionally. If you’re in management and are wondering the same thing, then the best way to go forward is to obtain a doctorate degree in business management.  Not only will a DBA open many doors of opportunities for you, but it will also help you become competent management professional.  Why Pursue a Doctorate in Business Management? A doctorate in business management is among the best courses for professionals who aspire to reach the topmost level in management. So, let’s take a look at the top 5 reasons why you should pursue a doctorate in business management.  1. Get a Higher Pay First and foremost, having a doctorate in business management can boost your income potential by a considerable margin. The average pay of an MBA professional in India is INR 7.79 lakh per annum. On the other hand, the average pay for a DBA professional in India is INR 26 lakh per annum, which is around 3.5 times higher than an MBA.  Keep in mind that we have only shared the average pay for this field. Your pay can go much higher in the industry, depending on your location, employer, experience, and skills. The reason why they pay for this field is considerably higher is because the supply for DBA professionals is substantially lower than MBA professionals. However, the demand for skilled professionals with a doctorate in business management is significantly high.  In any industry, your pay depends on your skills and expertise. And when you have an advanced qualification like DBA, you will be considered the most skilled professionals in this league. 2. Expand Your Horizon After getting a doctorate in business management, not only will you get higher pay, but you will also be eligible for senior roles in different companies.  Bagging high-level executive roles in your desired companies will be a much easier task for you as you’d be an expert in management with a specialisation in a particular subject.    3. Stand Out Unlike other programs, a DBA is usually pursued by experienced executives and workers who already have an MBA and professional experience. Such professionals choose to pursue a DBA either because they want to become a more skilled expert in that field or wish to distinguish themselves from the rest of the competition. Not only does a DBA show that you’re an expert in your industry, but it also signifies that you’re committed to growing professionally and personally with a willingness to go the extra mile.  Furthermore, when you get a doctorate in business management, you’ll stand out from your peers as you’d be more qualified and knowledgeable than the rest.  4. Stay Updated With so many new technologies entering the market, such as artificial intelligence and machine learning, it can be quite challenging to stay up to date with them. However, it’s also true that professionals who keep up with the technological changes get ahead in the market, while those who fail to do so become obsolete. A prominent reason why you should consider doing a doctorate in business management is that it will make you familiar with the latest skills and technologies. Our Global Doctor of Business Administration offers specialisations in multiple sectors, including Data Science, Business Analytics, Finance, Machine Learning, Technology Entrepreneurship, and Supply Chain Management, among others.  Staying updated with the latest trends in the market will help you get ahead of your peers and become a thought leader in your industry.  5. Professional and Academic What separates a doctorate of management from other doctorate programs is that it’s both a professional and academic qualification.  Most doctorate programs are academic qualifications that allow a person only to pursue research and academic progress. On the other hand, with a DBA, you have the option of applying your sophisticated knowledge of management and relevant fields in business directly and help an organisation grow accordingly.  That doesn’t mean you can’t pursue academic progress with a doctorate in management too. You can certainly conduct research and publish papers in journals in your specialised field if you’re interested.  You can also use your advanced understanding of business concepts to start your own company and become an entrepreneur. There aren’t many degrees and qualifications that offer such a plethora of growth opportunities – a perfect ground for getting a doctorate in business management.  How to Get a Doctorate in Business Management Certainly, getting a doctorate in business management has its advantages. However, you might wonder how you can go about this process. Well, we have great news for you.  At upGrad, we offer a Global Doctor of Business Administration program with the Swiss School of Business Management, Geneva. It’s a completely online program, which means you don’t have to keep your professional or personal commitments on hold to pursue a DBA. The course is specifically designed for working professionals.  It is a 24-month program and offers multiple specialisations based on dissertation topics such as Finance, International Business Leadership, Data Science, Machine Learning, Energy Management, Human Resource Management, Global Supply Chain Management, and many others.  There are 75+ nations represented in cohort and 70+ faculty industry collaborations. The program is divided into four modules:  Research Methodology I Research Methodology II Research Proposal Thesis Writing Conclusion Thus, as you can see, there are plenty of advantages to pursuing a DBA – it will open the door for you to explore new possibilities.  It’s certainly the right career move for any management professional.  
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by Rohit Sharma

31 May'21
Doctor of Business Administration Salary in India [For Various Job Roles]

899.74K+

Doctor of Business Administration Salary in India [For Various Job Roles]

If you are an experienced business professional looking to hone your leadership skills while simultaneously creating revolutionary business ideas and strategies, a Doctor of Business Administration can catapult your career to great heights. Doctor of Business Administration (DBA) is way more than a Ph.D. in Business Administration. DBA is not just enhancing academic knowledge through academic research; it is about applying the obtained knowledge in the real business world. If you are looking for DBA admission for 2022, please read further.  What is a Doctor of Business Administration (DBA)? A DBA is a well-recognized professional doctorate in Business Administration and Management. It is the highest level of qualification you can pursue in the Business administration field. A DBA program usually includes advanced management theory and practice with strategies and principles necessary to complete the research in Business and management.  Who should pursue DBA? DBA programs are best suited for business professionals and experienced executives with good experience in management and leadership roles. For example, if you want to become a strategist from a manager, this is the course for you.  A Doctorate in Business Administration is best if: The candidate is a senior-level manager and is willing to gain expertise to catapult to higher roles. The candidate is an experienced professional who wants to hone practical skills to create new business strategies and models through research and analysis.  The candidate has an MBA or other relevant degree and wishes to gain the highest possible degree in Business and Management. One of the reason why graduates pursue DBA after MBA is when they plan to become an academic.  Reasons why you should pursue a Doctorate in Business Administration High Income: A DBA degree significantly increases the earning potential. A candidate with a DBA degree earns considerably more than an MBA graduate. The remuneration increases with experience and skills.  Widens the career horizon: DBA not only improves the salary but also makes a candidate eligible for more powerful and responsible positions in top companies.  A class apart: A DBA degree makes you a class apart and sets you aside from the rest. Unlike many other courses, DBA can be pursued only by experienced professionals with an MBA degree. So, a DBA degree highlights the candidates as experts in Business Administration and shows them as ambitious learners willing to excel in professional and personal growth.  Staying relevant and updated: In the era of artificial intelligence and machine learning, the world of technology has evolved drastically. So, staying updated with the new entries in the market becomes a challenge. One of the main reasons to take up DBA is that it familiarises candidates with modern skills and technologies. Online DBA programs offer you offer flexibility to manage your work and other commitments.   DBA is both a professional and academic degree: The main difference between DBA and other doctoral degrees is that DBA is both a professional and academic degree, unlike others. Most PG programs are academic-oriented and can be carried out as an individual only. DBA enables the candidates to apply their knowledge in management directly to their business ideas, thereby helping in their organizations’ growth.  Job roles and responsibilities of Business Administration Manager Typically, a business administration manager performs various roles, including planning, control, management, and leading in an organization. Other major positions include: Finance management Recruiting staff Purchase Public relationship Mediation Negotiation Expenditure management Marketing Brand promotion Conducting training programs and workshops Organizing and participating in official events A business administrator manages both the work being carried out and the results it may produce. Driving productivity and finance are their primary roles.  Salary of Business Administrator in India The average salary of a business administrator in India is ₹450,000  per year. An entry-level business administrator earns an average compensation of ₹274,999 per year, including tips and bonuses. An early-stage business administrator with experience between 1 to 4 years earns an average salary of  ₹375,000 per year.  The salary of business administrators increases with experience and depends on the location and organization.  Top job opportunities of DBA graduates The DBA program provides expertise in business administration and management, so candidates with a DBA degree can easily assume top positions in renowned organizations. Some of the top DBA job opportunities are given below. 1. Management Analyst: Also known as management consultants, manage business administration and management expertise like cost reduction and revenue growth. They find their roles in various industries like military, government, medical, investment companies, etc. They work with other departments to improve efficiency and accuracy. They provide a budget forecast and future requirements to utilise funds optimally. The average salary of a management analyst in India is ₹431,131 per year. 2. C level Executive: They are high-level executives who supervise an organization’s operations. They develop policies and strategies to ensure the organization stays in tune with its business objectives. They are responsible for analyzing and approving budgets and business models.  The average salary of high-level executives in India is ₹3,460,649 per year. 3. Market research analyst: The primary responsibility of a market research analyst is to determine the type of product or services that appeal to the consumers. They analyze and study market conditions to predict how a product or service can perform. The role of a market analyst is in great demand in all industries. Their other roles include: Collection of data regarding consumers, competitors, and potential markets. Presenting the researched data through reports, graphs, and models. Understanding a business objective and creating surveys to discover potential consumers that adhere to the objective.  Employing both modern and conventional methods to collect, compile, and study statistical data. The average salary offered to a market analyst in India is ₹337,726 per year.  4. Economist: An economist carries out research, identifies significant trends, and analyses data to understand the distribution of resources in society. They scrutinize economic indicators like gross domestic product (GDP) and consumer confidence surveys. They perform deep research on distribution, demand, availability, and accessibility of goods & services to explore potential trends and make future predictions. The average salary of an economist in India is ₹771,341 per year. 5. Professor: This is one of the good roles in academics. According to various reports, the demand for the teaching profession has consistently been increasing for the past six years. A professor earns an average salary of ₹1,020,136 per year in India and is considered one of the respected professions in India.  Conclusion If you are looking to gain advanced knowledge in business administration, we recommend doing a DBA than PhD. Checkout upGrad’s Global Doctor of Business Administration from the Swiss School of Business Management, one of the finest online Doctorate programs available.  The 36-month course is designed to help you formulate and execute game-changing business strategies and become updated with emerging trends and technologies. The program comprises 12+ specializations for focused learning, dedicated one-on-one thesis supervision, and international academic support to help you enhance your career potential.  Students also get exposed to a global peer network of 40,000 paid learners which opens doors for explorative collaborative opportunities and intensive research with 70+ industry faculty. Talk to our career counsellor. 
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by upGrad

28 Feb'22
Doctor of Business Administration(DBA): Roles and Responsibilities

5.7K+

Doctor of Business Administration(DBA): Roles and Responsibilities

The Doctor of Business Administration, commonly called DBA, is a terminal degree in business administration. It is the highest acquirable business administration qualification. The course provides advanced high-level training to candidates in various business governing principles. If you are looking for DBA admission for 2022, please read further. DBA is a rigorous research-based program fit for candidates who wish to pursue higher-level business administration qualifications after an MBA. The DBA degree qualifies the candidate to: Earn a full-time academic position in the field of business administration. Improve organizational effectiveness by developing evidence-based tools and ultimately advance your career. Acquire advanced organizational skills. Knowledge of management consulting roles. Course Structure and Format Universities offering DBA generally require candidates to have some business experience. The candidates embark on the research phase of the program after the successful completion of theoretical coursework. They can specialize in areas like: Information Technology Management Science Economics Organizational Behavior Finance In the research phase, candidates are expected to submit a well-researched and novel project commonly called a thesis or dissertation. The dissertation should be qualified enough to be published in a peer-reviewed journal, and the work should be defended before an expert panel of examiners. DBA Curriculum: Key Features The curriculum is designed for business professionals and higher-level executives who wish to further their careers and push themselves. It presents a rigorous, research-oriented curriculum contrary to the course material and project-based study methods. Candidates work under research-active supervisors and advanced business experts. The program awards a degree equivalent to a doctorate. It can be completed within three years or can be extended to accommodate your professional needs for up to seven years. Business Management Roles and Responsibilities Here’s taking a look at the key business management roles and responsibilities:  Employees must measure and understand how effective leadership can transform the business implementation irrespective of the business location. They must create new and insightful business principles and ideas by evaluating and studying the existing business literature. One must optimize an enterprise’s effectiveness and success by tactfully justifying ethical choices related to societal issues. DBA holders must better understand cultural differences to impact business strategies and effectiveness positively. They must create and implement strategies in a complex business environment and align business vision with long-term tactics. They are expected to advance business management and leadership by integrating informed and innovative business principles. They must create and implement strategic and innovative solutions to business problems by applying quantitative reasoning and methods, thereby aiding organizational sustainability. It’s their job to create and present business analysis, research, and recommendation to the intended audience through effective communication. Why opt for a DBA? Now that you know what the DBA course is and its key features, let’s discuss why one should opt for this program. There are myriad reasons why a DBA degree will enhance your career. Better benefits and potential for negotiation Since DBA professionals are trained in advanced business principles and have hands-on specialization in various business fields, they will undoubtedly be an asset to any organization. This expertise allows you to negotiate better deals and makes you deserving of better compensation. Read more about DBA salary in India. It makes you stand apart There was a time when candidates with MBA degrees were highly sought after by enterprises. But with an increasingly higher percentage of people opting for an MBA, the market is saturated. Now top companies are looking for candidates with unique skills and higher qualifications. Acquiring a doctorate in business will make you a coveted commodity in the job market and make you stand apart from the crowd. Equips you for a rewarding academic career A DBA degree will enable you to change the course of your business career to an academic one. A DBA degree allows you to pursue a career as a university professor or postdoctoral researcher.  Acquire advanced business skills and techniques A DBA degree will give you in-depth and hands-on training to manage high-level leadership positions. Your services can be imparted in C-level organizations, nonprofits, government organizations, and agencies, to name a few. Also, Online DBA programs offer you offer flexibility to manage your work and other commitments.   A DBA holder can specialize in single or multiple fields like public administration, engineering, marketing, project management, and much more in the multidisciplinary business area. DBA: Scope and Job Roles There is a wide array of positions one can choose from upon successfully completing a DBA. Some of the most notable career paths are: Professor and Postdoctoral Researcher DBA is a sure-shot way to propel your career to the field of Academics. Universities are in constant need of talented and expert teaching faculty, and if you are passionate about teaching, DBA is the way to go. Average Salary: ₹52,671 per month Market Research Analyst The financial market is ever-changing and dynamic. A market analyst explores this dynamic nature of the market and explores the products and services consumers are looking for and at what price point. Average Salary: ₹3,37,726 per month C Level Executive To oversee the operational direction of an organization, you need expert and intuitive high-level executives. Enterprises will always welcome experts who ensure they meet their business objectives. A DBA will equip you with keen insight and skills to meet the standards of this position. Average Salary: ₹1,30,768 per month Economic Analyst By conducting in-depth research, data analysis, and monitoring consumer trends, an economist plays a crucial role in a country’s economy. Moreover, they are necessary to make the population understand how resources are distributed in society and how to bridge the disparity if any. Average Salary: ₹5,30,791 per year MBA and DBA: Key Differences Master of Business Administration (MBA) is an internationally-recognized educational degree and equips students with in-depth knowledge about business trends and strategies. Upon completion of an MBA degree, a candidate will become familiar with business theories and practices, technology, forecasting, and globalization. In addition, students will be equipped to deal with real-world business problems and lead organizations.  MBA is not a terminal degree in business administration and is somewhat a general managerial overview degree. The Doctor of business administration educates candidates by carrying out their research. Upon completion of DBA, candidates will gain critical skills like business-oriented critical thinking and problem-solving skills. Most of the time, DBA candidates already possess an MBA. But university admission criteria vary, and some offer admission based on business experience. DBA is a terminal degree and allows candidates to independently develop and apply new business principles. DBA and Ph.D. in Business Administration: Key Differences Ph.D. in Business Administration is a higher degree you can acquire in the field and will help you attain teaching positions in the area. Usually lasting three to five years, it is a research-oriented degree focusing on business evolution, administration, and society’s impact. A doctor of Business Administration differs from a Ph.D. in several key areas. First, DBA recognizes the candidate’s knowledge in the business industry. Most candidates pursue BBA as a follow-up to an MBA. Second, DBA emphasizes more on the practical aspects of research.  Conclusion A DBA degree is an excellent opportunity for candidates who wish to further their careers and gain advanced knowledge in business administration. This degree will make you apt for formulating and executing innovative business solutions, exploring and integrating new business trends and technologies, and creating new business principles by intensive research. Whether you are working for another organization or an entrepreneur yourself, a DBA degree will be a great asset to your arsenal. We hope this article has provided you with enough insight if you wish to pursue a DBA degree. If you’re looking to pursue a Doctor of Business Administration degree to enhance your career potential, we recommend joining upGrad’s Global Doctor of Business Administration, one of the finest Online Doctorate Programs from the Swiss School of Business Management. The 36-months program comprises 12+ specializations, one-on-one thesis supervision, and international academic support.  Students get access to a global peer network of 40,000 paid learners of 75+ nationalities, paving the way for collaborations with 70+ industry faculty. What are you waiting for? Book your seat today! Talk to our career counsellor. 
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by upGrad

03 Mar'22
Why PhD in Business Administration?

5.5K+

Why PhD in Business Administration?

What does a PhD in Business Management mean? An MBA degree is often heard of, but a DBA is a lesser-known degree. It is one of the highest academic degrees in business. And the degree is indeed prestigious in the field of academia and even the job sectors.  However, it is safe not to compare a traditional STEM or Humanities PhD in academia with a DBA since the course goals are diverse. The methodologies and career orientation for the PhDs are different, but the end goal of achievement is equally prestigious.  A PhD in Business Administration focuses on intensively preparing any candidate to delve deeper into the many research problems related to their research interest inside the sector of business management. Some of these topics include focusing on and solving a new research problem in Economics with varied solutions, public administration and consulting.  A PhD in Business Administration focuses equally on both real-life problems and the theoretical methods that are needed during coursework. You can push beyond their boundaries of existing knowledge with advanced tools and methods of apt decision making and the real business world.  After a PhD in Business Management, you can move on to broader job perspectives and work as Chief Financial Officers, Directors and Managers in the corporate sector. They can also teach as professors in institutions. Candidates with a doctorate degree have better job opportunities, better research scopes and a sustainable salary package. If you are looking for PhD admission for 2022, please read further.  Here are some of how pursuing a PhD in Business Administration will help you:  1. Added exposure in job sectors In today’s competitive job markets, a PhD in Business Management helps give a candidate a greater competitive edge over others in their application. A DBA is an exceptional and esteemed academic degree that makes a candidate special.  2. Increased salary packages A DBA always increases a candidate’s chances of receiving a salary hike. One can also negotiate with the company for a boost if needed. Candidates with a postgraduate degree are offered a higher range already. This will allow the company to provide a better salary to someone with more specialised and nuanced credentials.  3. Teaching sector roles A PhD in Business Management can be an excellent pathway for those aiming for academic roles. This degree will qualify many candidates to pursue higher studies in academia and make a candidate eligible for teaching. Academic conferences, presentations, and the valuable research methodologies worked upon during a DBA will help one get an edge over their future competitors.  4. Time to decide upon a career Choosing what to pursue after a postgraduate degree in management is challenging and life-changing. Hence, a candidate may require adequate time to decide how to proceed with the job markets. A PhD in Business Administration will give candidates the time and space to decide how to achieve their career goals. Online PhD programs offer you offer flexibility to manage your work and other commitments.   4. Climbing the connection-ladder The corporate job market is relentless – but becomes a little smoother when a candidate is backed up by positive connections that help them climb up the social ladder. This is a brilliant scope for people pursuing a PhD in Business Management. They can interact with influential people in higher ranks and build lasting connections. 5. Specialising in certain skills A PhD in Business Management allows you to expand on your interests that you could not adequately explore in your undergraduate or postgraduate years. In addition, having a specialised DBA also provides a candidate to check on many new job opportunities in previously unexplored sectors of business administration or management.  Why Learn DBA? We understand how difficult it is for professionals to devote their time to upskilling amid busy work schedules. As a working professional, if you are looking at adding Doctor title to your name, we would recommend DBA over PhD. A DBA program allows you to do the same and has a flexible industry-oriented approach rather than an academic approach taken by PhD. However, DBA won’t help you to earn a professor title at a UGC-approved institution since that will require a PhD. upGrad’s Global Doctor of Business Administration is flexible enough to help them balance their work and learning. This doctorate program is provided by the Swiss School of Business and Management (SSBM), Geneva, and the University of St. Gallen and Universite De Geneve.  This Doctor of Business Administration online provides the highest positive professional business skills growth and a better edge over competitors in the job sector. The minimum eligibility criteria is a Master’s degree (or equivalent) or 5+ years of work experience. This course will be a right fit for many reasons: Live 1:1 thesis supervision with a guide ACBSP accredited 36 months- with a dedication of a minimum of 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, and Human Resource Management. The flexible program allows exposure to international industrial treatise in the research sector of one’s choice. Sign up today to learn more! 
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by upGrad

10 Apr'22
What is the difference between a doctorate (PhD) and a DBA?

5.77K+

What is the difference between a doctorate (PhD) and a DBA?

You might already have several years of work experience and a postgraduate degree. Perhaps even an MBA. How do you then stand out from the crowd in a rapidly changing world and prove to employers that you are the right one to hire? You can show your extensive work history or your track record. You could ask your network for recommendations. You could gain skills and certifications or a degree that’s even more prestigious than an MBA. If you choose the latter, you could go down the route of a PhD, spend some years doing research and come up with your own unique theory and framework. Or, you could do a DBA. What is the difference between a PhD and a DBA? A Doctor of Philosophy degree (PhD), is a type of a doctorate degree, and perhaps the most common doctorate awarded. It can be awarded in almost any subject and is achieved after three to four years of full-time research or five to seven years of part time research culminating in the presentation of a new theory or idea in the field.  A Doctor of Business Administration (DBA), on the other hand, is a specialised doctorate in Business. It requires the student to undertake research to present solutions to problems, often ones that they’ve experienced within their own businesses or places of employment. While a PhD is most suited to academics, a DBA keeps working professionals in mind, even though there can be some crossover between both. Both of the degrees award a Doctorate upon completion and are equal in rank, title and prestige.  Should I do a DBA or a PhD? A PhD can be in any field. It is purely research based, and extensive time will be spent developing a new idea or framework where there is a gap in existing knowledge. It is especially suited towards academics or aspiring academics. A DBA on the other hand is tailored towards business professionals with some work experience who want to move up within an organisation and break into management positions.  Coursework is a combination of taught components and research. A student will combine scientific research, theory and professional experience to work on a business problem in an area such as leadership, decision-making, global change etc. What qualifications do I need for a DBA or a PhD? A PhD often requires a Master’s degree or an M.Phil, particularly if it’s a PhD in an arts or humanities field. Admissions criteria are different depending on the institution, but a key part of the PhD admissions process is finding a supervisor with expertise in or doing research in the area that you’d like to study. A DBA, surprisingly, depending on the institution, can be done straight after a Bachelor’s with some work experience. You could potentially skip the time and cost of an MBA or a Master’s degree entirely! How will a DBA or a PhD affect my career progression? A PhD, being a more academic degree, is better suited to someone who would like to develop process and policy, or even teach, particularly in a research or academic institution. Read more about the career opportunities after PhD in India. A DBA with its practical, problem-solving nature, often attracts management or aspiring candidates hoping to break into top level management positions within the field of business.  Due to this, it’s likely that a DBA holder will trend towards higher paid upper-level management jobs within businesses and corporations. Deciding between a DBA or a PhD depends hugely on your individual circumstances and what you want to achieve in your future career. As a working professional, if you are looking at adding a Doctor title to your name, we would recommend DBA over PhD. A DBA program allows you to do the same and has a flexible industry-oriented approach rather than an academic approach taken by PhD. However, DBA won’t help you to earn a professor title at a UGC-approved institution since that will require a PhD. Here’s why we think the SSBM DBA degree powered by upGrad is a great choice for driven executives. It is the most effective way to continue scaling the corporate ladder without sacrificing continuity in career or time. Made for busy executives: you will get your DBA within 3 years without having to leave your job and spend 5 years getting a doctorate on campus Outcome-driven: you can focus on any of our 13 specializations and build your expertise where it’ll make the highest impact to you  Highly engaging and intellectually stimulating: you will learn from excellent professors and have 1:1 support on your thesis Enormous ROI: thanks to upGrad’s technology and approach to democratize higher education you pay only a fraction of an old school doctorate and reap the rewards nonetheless
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by Vikramaditya Kapur

20 Apr'22
How can business and tech leaders acquire a doctorate and get a ‘Dr.’ prefix before one’s name?

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How can business and tech leaders acquire a doctorate and get a ‘Dr.’ prefix before one’s name?

We were attending a conference of business leaders in Germany when I noticed a curious thing. Of the 50 odd CXOs and senior management folks I met during the conference; a vast majority introduced themselves with a Dr. prefix before their name. When I enquired about this to a colleague in the Berlin office who also had a doctorate, she explained to me how Doctorate is seen as the highest level of expertise a person can have in their field of employment in Germany and Western Europe. Even more curious, I asked her why a business leader or a tech leader spends so much of their energy getting a doctorate; isn’t that for academicians? She laughed and told me that it is just one of the ways to get a ‘Dr’ prefix before one’s name! For an economy over-indexed towards specialization and a nation obsessed with perfection, there is no better way to signal one’s expertise and climb the echelons of a corporate career than getting a doctorate. The truth is that there are multiple ways of acquiring a doctorate degree for business and tech leaders. It is through a DBA or Doctor of Business Administration, which is the preferred route since one can easily pursue a DBA while working.  Universities across Europe offer DBAs since there are so many takers and have hence created a curriculum that can be managed alongside one’s tight schedule at work. Internationally accepted and common ways of pursuing a doctorate world over include Ph.D.: Doctor of Philosophy, DBA: Doctor of Business Administration, EdD: Doctor of Education, MD: Doctor of Medicine, and EngD: Doctor of Engineering. Germany, every year, churns out 29,000 doctorates and the vast majority of them join their industry. It is this pedigree of leaders with deep thinking ability and an eye for detail that ensures that the German industry and businesses are high on innovation. In fact, Berlin has one of the most dynamic startup cultures in Europe with companies making a global impact. Interestingly the German & European education systems have figured out ways of letting people enter the employment phase early, while allowing them to upskill in parallel pursuing Master’s and Doctorate while working. This is where a DBA or Doctorate in Business Administration becomes a phenomenal idea. Multiple top Universities across Europe- especially the UK, Germany, and Switzerland have started offering DBA to business and tech leaders and ones aspiring to be one, allowing them to super specialize in their domains. Individual doctorate programs which have a combination of thesis and instruction led curriculum ensures one can pursue the program in the subject one is already working on and hence reducing the additional pressure. Another best part is that these programs have evolved to majorly online, allowing even international students to pursue the same. Such an idea will be greatly beneficial to our country where we have so much of a dearth of highly qualified people, not because of the lack of energy or enterprise but just the lack of options. With DBA degree courses available on online platforms like ours, make it easily accessible and offer a good return on investment as compared to an offline degree. This course is carefully designed for working professionals who are looking for a transition into the C-suite and senior management roles while looking at becoming experts in their domain of choice. The professional doctorate degree also allows candidates to practice in the field and advance to leadership positions. With the help of such online DBA programs, India can also have an increased number of Doctors from business and tech-driven roles who have the coveted ‘Dr.’ title to their name in record time. As a nation, our strength is our people, the best human resource available across the world who can solve complex problems in record time. All we need to do is to arm them further with courses and opportunities like this that are on par with other western countries.
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by Arjun Mohan

26 May'22