{"id":144519,"date":"2023-01-31T11:20:01","date_gmt":"2023-01-31T05:50:01","guid":{"rendered":"https:\/\/www.regenesys.net\/reginsights\/?p=144519"},"modified":"2023-02-21T12:50:43","modified_gmt":"2023-02-21T07:20:43","slug":"how-to-choose-between-a-dbm-and-a-phd","status":"publish","type":"post","link":"https:\/\/www.regenesys.net\/reginsights\/how-to-choose-between-a-dbm-and-a-phd","title":{"rendered":"How to choose between a  DBM and a PhD"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">A higher degree in management can be a significant advantage for someone embarking on a managerial or academic career. A <\/span><a href=\"https:\/\/www.regenesys.net\/doctorate-of-business-management\/\"><b>doctoral degree<\/b><\/a><span style=\"font-weight: 400;\">, in particular, can open a variety of career advancement opportunities.<\/span><\/p>\n<p><iframe title=\"Regenesys Business School: Top Business School and Management College in South Africa\" src=\"https:\/\/www.youtube.com\/embed\/y0-M9UV68Qw\" width=\"942\" height=\"530\" frameborder=\"0\" allowfullscreen=\"allowfullscreen\"><\/iframe><\/p>\n<p><b>IN THIS ARTICLE:<\/b><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">How a doctorate in business management ranks<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">For whom a doctorate in business is designed\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Differences between a PhD and a doctorate in business<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The opportunity cost<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Is an applied approach what you need?<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">It comes down to what you hope to achieve<\/span><\/li>\n<\/ul>\n<h2><a href=\"https:\/\/www.regenesys.net\/doctorate-of-business-management\/\"><b>How a doctorate in business management ranks<\/b><\/a><\/h2>\n<p><span style=\"font-weight: 400;\">A <\/span><a href=\"https:\/\/www.regenesys.net\/doctorate-of-business-management\/\"><b>doctorate in business<\/b><\/a><span style=\"font-weight: 400;\"> management is a more advanced qualification than an MBA. It is ranked at the same level as a <\/span><a href=\"https:\/\/en.wikipedia.org\/wiki\/PhD_in_management\"><b>PhD<\/b><\/a><span style=\"font-weight: 400;\">.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Most doctorates in business management or business administration require corporate or industry experience to be considered for admission.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">A doctoral degree is the highest academic qualification. Generally there are two options available: a <\/span><a href=\"https:\/\/www.regenesys.net\/doctorate-of-business-management\/\"><b>Doctorate of Business Management (DBM)<\/b><\/a><span style=\"font-weight: 400;\">, or a Doctor of Philosophy (PhD) in business management or administration.<\/span><\/p>\n<h2><a href=\"https:\/\/www.regenesys.net\/doctorate-of-business-management\/\"><b>For whom a doctorate in business is designed<\/b><\/a><b>\u00a0<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">The PhD is most useful for someone pursuing an academic career.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">A <\/span><a href=\"https:\/\/www.regenesys.net\/doctorate-of-business-management\/\"><b>doctorate in management<\/b><\/a><span style=\"font-weight: 400;\"> is a professional qualification for mid-career executives who want to translate their considerable workplace experience into formal study. It is a research qualification \u2013 typically with a duration of three to five years \u2013 that focuses on business research.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">A doctorate in business management acknowledges the candidate\u2019s extensive skills and knowledge in business or industry, and can be completed in three to six years. These programmes were introduced by universities to formalise the expertise and skills of professionals and managers in business and industry.\u00a0<\/span><\/p>\n<h2><a href=\"https:\/\/www.regenesys.net\/doctorate-of-business-management\/\"><b>Differences between a PhD and a doctorate in business<\/b><\/a><\/h2>\n<p><span style=\"font-weight: 400;\">Though both are doctoral programmes, each has key differentiators to help you choose which course will be most appropriate to pursue.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">PhD candidates base their research on important issues or gaps in existing theories to further develop them by adding new, original approaches, and publishing their findings in a thesis.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">A <\/span><a href=\"https:\/\/www.regenesys.net\/doctorate-of-business-management\/\"><b>doctorate in business management<\/b><\/a><span style=\"font-weight: 400;\"> candidate investigates real-life business problems in the workplace by analysing the phenomena surrounding them, arriving at a new interpretation of the issues at stake, and finding new ways to solve them.<\/span><\/p>\n<h3><b>The opportunity cost<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">PhD courses are usually pursued by those wanting a career in education, academia or research, and who want to contribute to the enhancement of knowledge or theory in a certain area of study.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The <\/span><a href=\"https:\/\/www.regenesys.net\/doctorate-of-business-management\/\"><b>doctoral degree in business<\/b><\/a><span style=\"font-weight: 400;\"> studies is designed for working professionals who wish to make sense of their business experience through formal academic study. This degree can provide a springboard to a career in management consulting.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">A prospective Doctor of Business Management (DBM) candidate currently in employment has to weigh up the opportunity cost of taking on the demands of a doctorate.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">It is possible for a DBM graduate to become part of the faculty at a university or business school. These rare people \u2013 with both corporate experience and a research background \u2013 are particularly in demand at business schools.<\/span><\/p>\n<p><a href=\"https:\/\/www.regenesys.net\/doctorate-of-business-management\/\"><img decoding=\"async\" class=\"aligncenter size-full wp-image-144521\" src=\"https:\/\/www.regenesys.net\/reginsights\/wp-content\/uploads\/2023\/01\/DBM-2.jpg\" alt=\"doctorate in management\" width=\"1200\" height=\"628\" srcset=\"https:\/\/www.regenesys.net\/reginsights\/wp-content\/uploads\/2023\/01\/DBM-2.jpg 1200w, https:\/\/www.regenesys.net\/reginsights\/wp-content\/uploads\/2023\/01\/DBM-2-300x157.jpg 300w, https:\/\/www.regenesys.net\/reginsights\/wp-content\/uploads\/2023\/01\/DBM-2-1024x536.jpg 1024w\" sizes=\"(max-width: 1200px) 100vw, 1200px\" \/><\/a><\/p>\n<p><span style=\"font-weight: 400;\">If what you are looking for is a more comprehensive and applied approach to business management, a doctorate in business management is better than a PhD. And given its more applied nature, a Doctorate of Business Management can help prepare you for executive positions, making you more marketable in the business world.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">There is no definitive answer to whether holders of doctorates in business science earn more than those with PhDs, as pay levels depend on your experience, skills, and the industry you are in. Generally speaking, even Master of Business Administration (MBA) graduates tend to earn better salaries than PhDs due to the practical skills they learn to apply through their programmes. However, it is possible for a PhD to earn more than an MBA graduate, depending on their experience and industry.<\/span><\/p>\n<h3><b>It comes down to what you hope to achieve<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">Both kinds of doctorate involve original, advanced research and data analysis, and make a contribution to knowledge. The qualifications are equal in status and international validity. Your final choice depends on what you want to achieve: academic status, recognition in business \u2013 or simply to find better ways of doing things.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">If you are already down the track with a career in business, consider the <\/span><a href=\"https:\/\/www.regenesys.net\/doctorate-of-business-management\/\"><b>Doctorate of Business Management programme<\/b><\/a><span style=\"font-weight: 400;\"> and apply to <\/span><a href=\"https:\/\/www.regenesys.net\/\"><b>Regenesys Business School<\/b><\/a><span style=\"font-weight: 400;\">, Sandton, South Africa.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">We\u2019ll awaken your potential!<\/span><\/p>\n<p><iframe title=\"Want to #BeMore? Regenesys | One of the leading Business Schools in Africa\" src=\"https:\/\/www.youtube.com\/embed\/uxID8q9cZtA\" width=\"942\" height=\"530\" frameborder=\"0\" allowfullscreen=\"allowfullscreen\"><\/iframe><\/p>\n","protected":false},"excerpt":{"rendered":"<p>A higher degree in management can be a significant advantage for someone embarking on a managerial or academic career. A doctoral degree, in particular, can open a variety of career advancement opportunities. IN THIS ARTICLE: How a doctorate in business management ranks For whom a doctorate in business is designed\u00a0 Differences between a PhD and<\/p>\n","protected":false},"author":51,"featured_media":144520,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_eb_attr":"","_sitemap_exclude":false,"_sitemap_priority":"","_sitemap_frequency":"","footnotes":""},"categories":[1154],"tags":[],"country":[],"class_list":{"0":"post-144519","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-doctor-of-business-management-dbm"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>How to choose between a DBM and a PhD | Regenesys<\/title>\n<meta name=\"description\" content=\"Doctorate in management. 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When considering which terminal degree to tackle, weigh the opportunity cost as well as what you hope to achieve through it.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.regenesys.net\/reginsights\/how-to-choose-between-a-dbm-and-a-phd\" \/>\n<meta property=\"og:site_name\" content=\"RegInsights\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/RegenesysBusinessSchool\/\" \/>\n<meta property=\"article:published_time\" content=\"2023-01-31T05:50:01+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-02-21T07:20:43+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.regenesys.net\/reginsights\/wp-content\/uploads\/2023\/01\/DBM-1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"950\" \/>\n\t<meta property=\"og:image:height\" content=\"400\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Dr Sheela Samson\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@RegenesysB\" \/>\n<meta name=\"twitter:site\" content=\"@RegenesysB\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Dr Sheela Samson\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.regenesys.net\\\/reginsights\\\/how-to-choose-between-a-dbm-and-a-phd#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.regenesys.net\\\/reginsights\\\/how-to-choose-between-a-dbm-and-a-phd\"},\"author\":{\"name\":\"Dr Sheela Samson\",\"@id\":\"https:\\\/\\\/www.regenesys.net\\\/reginsights\\\/#\\\/schema\\\/person\\\/6fac5d6edf2e34bd927256a3c98ffadc\"},\"headline\":\"How to choose between a DBM and a PhD\",\"datePublished\":\"2023-01-31T05:50:01+00:00\",\"dateModified\":\"2023-02-21T07:20:43+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.regenesys.net\\\/reginsights\\\/how-to-choose-between-a-dbm-and-a-phd\"},\"wordCount\":727,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.regenesys.net\\\/reginsights\\\/how-to-choose-between-a-dbm-and-a-phd#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.regenesys.net\\\/reginsights\\\/wp-content\\\/uploads\\\/2023\\\/01\\\/DBM-1.jpg\",\"articleSection\":[\"DOCTOR OF BUSINESS MANAGEMENT (DBM)\"],\"inLanguage\":\"en-ZA\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.regenesys.net\\\/reginsights\\\/how-to-choose-between-a-dbm-and-a-phd#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.regenesys.net\\\/reginsights\\\/how-to-choose-between-a-dbm-and-a-phd\",\"url\":\"https:\\\/\\\/www.regenesys.net\\\/reginsights\\\/how-to-choose-between-a-dbm-and-a-phd\",\"name\":\"How to choose between a DBM and a PhD | Regenesys\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.regenesys.net\\\/reginsights\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.regenesys.net\\\/reginsights\\\/how-to-choose-between-a-dbm-and-a-phd#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.regenesys.net\\\/reginsights\\\/how-to-choose-between-a-dbm-and-a-phd#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.regenesys.net\\\/reginsights\\\/wp-content\\\/uploads\\\/2023\\\/01\\\/DBM-1.jpg\",\"datePublished\":\"2023-01-31T05:50:01+00:00\",\"dateModified\":\"2023-02-21T07:20:43+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.regenesys.net\\\/reginsights\\\/#\\\/schema\\\/person\\\/6fac5d6edf2e34bd927256a3c98ffadc\"},\"description\":\"Doctorate in management. 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