PhD's in business administration - what's the real deal?

Question

If it seems too good to be true, then probably it's really too good to be true. The field of business is much better than many other areas, but people make it seem too easy sometimes.

And this can be very specific to a research track or interest. For example, in marketing I see those in Consumer Behavior struggling harder than those in Quantitative Marketing. But things are getting harder for those in Quant too, especially for some topics that are saturated. Some topics, like text mining, are drawing much more attention than others.

Depending on your field, you can find some information available. In marketing we have the Who Went Where survey. But that still needs to be taken with a grain of salt (certainly there is a non-response bias, for example).

And we still have no idea about the long-term impact of the pandemic. I've seen the case of a university cancelling a job offer it had extended.

yashikaaggarwal · Answer

Well I might say PhD is Business administration is not so common as the roles are doing PhD is more in research area than being in Business, However if you are By chance talking about DBA, its more of business oriented and leads to More higher position in Business like CEO, COO etc.
Plus You need more significant work experience to do DBA than having a PhD in Business.
So it does depend on you whether you want to pursue research field than definitely Go for PhD and if not you might have to wait till you gain significant work ex eligible for DBA, if you already don't have that.

CAMANISHPARMAR · Answer

Really! That's very scary! Was it an offer for a Ph.D. student?

BrazilianPhD · Answer

Yeah. I don't know the details, but I know the offer was rescinded after covid hit.

CAMANISHPARMAR · Answer

Thanks for the reply. This is not at all a good news for future applicants.

rudraphd · Answer

My view on the opportunities post PhD are as following -

The job market is as easy or as difficult as any other (think, whether everyone who has an MBA gets a job?). As BrazilianPhD said, a lot depends on your area of research, your research outcome (papers published), networking effort etc. This year has especially been cruel... many graduating PhD students have decided not to graduate and offers rescinded. Universities too are struggling with financial constraints -- fewer international students, who are the cash cows for universities are not coming.

I suspect that this situation will stay as long as any viable medication for Covid comes in the market. But if you are planning to apply for PhD, you must do it now. You have a 5 year long lead before you enter the job market. By then, things will normalize (I have faith in medical researchers and the modern medicine). And everyone is simply hungry to go back to normal as it was. So, economic rebound should not take much longer.

Another aspect is that business PhDs don't only become professors. They can also take jobs in industries. So there..

edison2020 · Answer

rudraphd  thanks for the post.

Did you get into PhD? which university you joined? What was your GMAT score?

thank you

Jokovich · Answer

I have been looking for this information for a long time, I was very surprised when I found it here.  jiofi

PhD's in business administration - what's the real deal?

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