An MBA provides a versatile foundation for a wide range of career paths. Whether you’re interested in consulting, finance, marketing, or any other field, the skills and knowledge gained during your MBA program can open doors to exciting and fulfilling professional opportunities.
However, the question that often follows graduation is: What’s next?
The key is to identify your passions and strengths and to pursue a career that aligns with your long-term goals. Let’s explore some popular career paths and advanced degrees to consider after completing an MBA.
Most popular MBA career paths
An MBA opens the door to a multitude of career opportunities across various industries. Here are some of the most popular career paths that MBA graduates pursue:
1. Consulting
2. Finance
3. Marketing
4. Operations Management
5. Entrepreneurship
6. Technology Management
7. Human Resources
8. Healthcare Management
9. Corporate Strategy
10. Nonprofit and Social Impact
Best Advanced Degree Courses after MBA
To stand out in today’s competitive job market, professionals require more than just an MBA. As industries evolve and the demand for specialised knowledge increases, further education can distinguish a professional from their peers. If you are interested in continuing education and move on to higher levels in management, advanced courses like a Doctorate in Management or Doctor of Business Administration (DBA) from reputed universities is an ideal choice.
What is a DBA?
The Doctor of Business Administration (DBA) represents the most advanced postgraduate qualification in management education.
The DBA is often considered a progression from the Master of Business Administration (MBA). Admission to DBA programs typically requires several years of management experience. The curriculum emphasises acquiring insights from the latest business research and theories. DBA programs typically span three to six years. Unlike traditional PhD programs, the DBA emphasises practical, industry-focused research designed to meet the needs of businesses and the economy.
Universities developed DBA programs to fulfil the demand from senior managers and professionals seeking formal recognition of their extensive expertise and industry knowledge.
Eligibility Criteria for DBA
This program is eligible for experienced management professionals who hold an MBA or Master’s degree or equivalent from recognised institutions. Additionally, candidates must have at least three years of work experience at the managerial level. The candidates must also have a good command of written and spoken English (English level: 6.0 IELTS or equivalent).
Why Consider a DBA After an MBA?
Deepen Your Expertise
While an MBA provides a solid foundation in business, a DBA allows you to delve deeper into specific areas of interest. This could be finance, marketing, management, or any other business discipline. The advanced coursework and research involved in a DBA program help you become an expert in your chosen field, enabling you to tackle complex business challenges with greater confidence and competence.
Enhance Career Prospects
A DBA can significantly enhance your career prospects. It positions you as an expert in your field, making you a valuable asset to employers. DBA graduates often find themselves in high-level executive positions, consultancy roles, or academic positions where they can influence business practices and policies.
Contribute to Knowledge and Practice
One of the unique aspects of a DBA is its emphasis on applied research. This means that your dissertation will not only contribute to academic knowledge but also have practical implications for the business world. Whether you’re developing new strategies for managing global supply chains or creating innovative marketing techniques, your research can have a direct impact on industry practices.
Expand Your Network
DBA programs attract experienced professionals from various sectors. This provides an excellent opportunity to expand your professional network, collaborate on research projects, and gain insights from peers with diverse backgrounds. The connections made during a DBA program can be invaluable for future career opportunities and collaborations.
Conclusion
After completing an MBA, the decision of what to do next can shape the trajectory of your career.
A DBA offers a compelling path for those seeking to deepen their expertise, enhance their career prospects, and significantly impact business practices. It is an investment in your future that can yield substantial professional and personal rewards.
For more information on how you can pursue your Doctor of Business Administration online, visit Exeed College’s DBA program. Take the next step towards becoming an expert in your field and making a lasting impact on the business world.