Salary Information for a Doctor of Management Degree
The study of management is available as a doctoral degree for students who want a career in research and academics. Graduates are also able to find consulting jobs and offer advice to companies and organizations.
Many graduates of a management doctoral degree program become professors, and salary is often based upon the professor's rank. According to the U.S. Bureau of Labor Statistics, postsecondary teachers in the United States averaged $77,500 in May 2012 (www.bls.gov).
University professors often earn additional income by publishing their research, speaking at conferences, consulting with companies and teaching at area schools. Research and consultation areas may include fundamentals of management, philosophy of ethics and values, and strategic organization design.
Management Doctoral Degree: An Overview
Ph.D. programs in management are meant to create scholars and professors of management. Programs may be available in traditional classroom formats or can be found online.
Students going into this program may be required to have completed their Master of Business Administration degree. Many programs may also recommend that students have experience in the business world, preferably in a management or leadership role, for several years prior to application.
Applicants may also need to have strong scores on the Graduate Management Admissions Test (GMAT) or Graduate Record Examination (GRE). In order to gain acceptance to a program, students may also be required to understand information systems, management science, economics, social science, behavioral science, business administration and statistics.
Many schools may differentiate the program by years. For instance, the first year may include foundational classes in research and economics-related coursework, while the second and third year focuses on specific courses involving management and business. Additional topics covered include strategy formulation and execution, global operations, behavioral processes, technology acquisition and operational planning.
A dissertation is required to earn a doctoral degree, and students must present and defend their final project to a university committee. Dissertations are often created under the supervision of a university professor.
Related to Salary Information for a Doctor of Management Degree
- Recently Updated
Construction management, carpentry and inspection employees work to build safe structures, such as homes and offices....
A business management minor is comprised of core business subjects, such as finance or marketing. These courses are designed to...
Individuals interested in organizing or running an office may want to consider a career in office management. To work in this...
Learn about executive and graduate certificate programs covering international management. Get information about admission...
- Advanced Management Strategy Certificate: Program Summary
- Top Business Management Degrees in Santa Ana, CA
- Top School in Indianapolis for Operations Management Courses
- Schools with Equine Rehabilitation Programs: How to Choose
- Winter Park, Florida, City and Higher Education Info
- Landscape Architect Vs. Civil Engineer: What's the Difference?
- Los Angeles, California, City and Higher Education Facts