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The Online Doctorate in Business and Management trains students in the principles of organizing and overseeing the operations of an organization within a corporate environment. Recent graduates must be knowledgeable in such concepts as management theory, behavioral management, quantitative analysis, logistics and supply chain management, and marketing and sales management. Accredited Online Ph.D. programs in Business and Management encourage students to prepare for future challenges. These challenges often include managing technology and virtual supervision of human resources on a global scale. Obtaining a Business and Management Ph.D. online allows students the opportunity to sustain their job experience while training as a doctoral student. Students learn how to maximize their capacity and improve their abilities to make decisions.

Online PhD in Business and Management Requirements

The Online Doctorate in Business and Management requires students to be organized in every area of their lives. Because a doctoral program is an advanced course of study, students quickly learn how to manage their professional time and balance their personal relationships. Students who pursue this online degree are thoroughly familiar with the graduation requirements; such requirements can be found online under student resources sections. Students who study for and complete Online Doctorate programs in Business and Management will be well-equipped for executive leadership and entrepreneurship.

Students who pursue Online Doctoral Degrees in Business and Management typically have obtained a master’s degree in any one of the following fields:

• Master of Business Administration, Finance
• Master of Business Administration, International Business
• Master of Business Administration, Marketing
• Master of Business Administration, Risk Management

In addition to the above specializations, Online Ph.D. in Business and Management students typically already have at least five to eight years of experience in the field as construction managers, financial managers, budget analysts, and cost estimators.

Online Ph.D. in Business and Management Education

An on-campus doctoral program in business takes approximately six to eight years to complete. Some students are required to complete a master’s degree as a prerequisite to the doctoral major. However, enrollment in Online Ph.D. programs in Business and Management takes only four years. Online colleges require doctoral students to meet graduation requirements. They include writing essays, taking examinations, submitting a dissertation, and completing pre-major coursework.

Information on Business and Management Courses

Online Doctoral Degrees in Business and Management promote practical experience as key to understanding the nature and influence of business leadership. Enrollment in online doctoral programs provide students with learning opportunities. They study methodologies and they analyze theories about training and leadership. Doctoral programs provide graduation objectives for each student.

• Leadership
  Through this class, business and management doctoral students learn how to communicate leadership and they develop strategies for providing solutions.
• Classic Management Techniques
  Online Doctorate Programs in Business and Management provide students with an overview of cases, methods, techniques, and theory.
• Research
  The Online Business and Management Doctorate provides students with research opportunities. Students learn how to conduct a research project. They also prepare for the dissertation.
• Management Philosophy
  Management philosophy is the study of how companies are regulated. Doctoral students chart the development of management philosophies and they evaluate contemporary applications.
• Strategic Planning and Writing
  As managers move up the corporate ladder, the value of writing becomes equally important. Business managers are required to write lengthy proposals, reports, and long-term strategic plans. As part of their requirements, doctoral students will learn how to write a proposal and a report. They also learn how to develop a strategic plan that is functional, practical, and operational on a large scale. Through assignments, doctoral students learn how to solve problems as a key component to their studies.

Specializations and Concentrations

Business and management studies encompass a broad range of specializations. In addition, the Online Business and Management Doctorate provides students with information on business practices. Doctoral students supplement the fundamentals with advanced study in money management and global leadership.

Online Ph.D. Degrees in Business and Management offer the following majors:

• Doctor of Business Administration, Finance
• Doctor of Business Administration, International Business
• Doctor of Business Administration, Global Supply Chain Management
• Doctor of Business Administration, Marketing
• Doctor of Business Administration, Leadership
• Doctor of Business Administration, Technology Entrepreneurship

Careers in Management

Students of accredited Online Doctorate Degrees in Business and Management will graduate with knowledge of business theory. The Online Business and Management Doctorate provides students with a multitude of career options. Students graduate with a competitive degree in the field. Below are examples of some career options for doctoral students:

• Financial Manager (Money Management)
  Financial managers, also called money managers, develop strategies to manage cash flow. They may serve in one of many roles. As treasurers, they invest the company’s funds; as credit managers, they issue credit and monitor collections activities; as risk managers, they buy company insurance; and as controllers, they oversee all financial activities of a company. Financial managers may earn between $77,280 and $135,070 annually.
• Distribution Channel Manager (Supply Chain Management)
  Distribution channel managers analyze the current distribution and supply systems of a company. They coordinate the logistical relationship between the manufacturer and the buyer. They create and manage production channels such as sales, warehousing, and facilities. They also oversee contractual agreements. Entry-level distribution channel managers earn approximately $50,000, with the top ten percent earning $99,700.
• Construction Manager
  Construction managers are required to have a knowledge of building science and regulatory procedures. They coordinate the construction of buildings and infrastructure. They may work as independent contractors or as salaried employees. A construction manager can earn between $47,000 as an entry-level employee and $146,000 as an independent contractor. According to the Bureau of Labor Statistics, the career outlook for construction managers is expected to increase by 17% by 2018 as more managers start their own firms.
• Budget Analyst
  Budget analysts analyze and manage budgets. They create budget policies and procedures. They have a working knowledge of accounting principles, auditing procedures, and federal reporting laws. Analysts earn between $50,000 and $82,000.
• Cost Estimator
  Cost estimators work within the construction engineering and management industries. They estimate construction costs and provide a report of expenditures. They frequently visit job sites to estimate the need for labor and materials. According to the Society of Cost Estimating and Analysis (SCEA), estimators who pursue certification as a Certified Cost Estimator/Analyst (CCEA) must have a bachelor’s degree and five years of experience in cost estimating.

In addition, according to the Association for the Advancement of Cost Engineering, senior cost estimators must have a strong business management aptitude and be able to set up construction project controls. Cost estimators may earn between $33,100 for entry-level employees and as high as $94,470 for senior management.

Various companies that offer entry-level positions to recent graduates do not require a doctorate in business and management. However, having an online doctorate can help recent graduates increase their chances for employment and a competitive salary.