Blog Bradford Management Mba School University

Starting in the 1950s and 1960s a new level of business degree emerged: the Ph.D. in Management, or Business Management. The business doctorate was designed to provide students an opportunity to delve into theory and research regarding business management, something the Master of Business Administration couldn't provide. So what's the different between the two, and what are the benefits of a Ph.D. in Business Management?

What's Wrong With the MBA?

The Bureau of Labor Statistics (BLS) notes that management analysts, department directors, and vice presidents in management typically need the Master of Business Administration degree to develop a successful career and rise through the ranks of the corporate world. At the same time, 26 percent of all workers in business management don't have traditional employee positions: they are consultants.

Some management consultants have the MBA, while others might only have a bachelor's degree or just a high school diploma. A few might not even have that: entrepreneurship isn't about academic degrees, but rather about business success. An individual can start a company, get clients or customers, manage inventory and/or time, develop strong accounting practices and create a highly-successful corporation without setting foot in a college classroom.

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