Transcription
Are you thinking of getting the highest degree in the business field, but are confused whether to pursue a PhD or a DBA? Then you have come to the absolute right video. So, you must have heard many times that a PhD is a research degree. A DBA gives you practical business leadership knowledge. But how much truth is there in these statements? After which degree do you get more respect? What is the scope? What is the future? What is the salary? So friends, we are going to discuss all these things in today's video. So, watch the video very carefully. Only by not skipping any part will you be able to make this decision about which degree you should pursue for your business perspective. So, let's start the video without taking much time. So, let's first understand PhD in Business. So, friends, the full form of PhD is Doctor of Philosophy. And friends, if we talk about its duration, it is a three to five years degree and it is a completely research-based degree in which you have to do proper research, prepare a thesis, and submit it after completion, on the basis of which all your marks are awarded. So, understand one thing here: if you are pursuing a PhD, you have to do it in regular mode only. A PhD is not available to you in online mode. Okay? So, friends, let's understand here who mostly pursues a PhD and what their future dream is. Okay? The first is those who want to become professors and want to do a teaching job at a good level, and the second are those who want to go into the research field, and the third are those who want to make their academic career much better. This means that a PhD comes out as a combination of three things here: Theory + Training + Research. Okay? So, now you must have understood for whom a PhD is best. Okay? So, I will tell you the next point. After that, you will start understanding some things about which program is right for me if I am thinking about my business here. Okay? So, friends, our second program is DBA, which means Doctorate of Business Administration. So, friends, you must be clear from the name itself that this is a professional doctoral degree which provides you all the knowledge related to business and leadership. The main focus is on solving real-world business problems, and it is a more practical and industry-oriented course that you will find. If we talk about its duration, then you get only three years, and what is its plus point? Just like a PhD has to be done in regular mode, you cannot do it online or by distance. But a DBA is available to you in online mode. You can continue with any job you have. Whether you are a CEO in a company or you are running your own business, you do not have proper time for research or thesis. So, take admission in DBA. Your entire degree will be completed in online mode, and a doctorate will be added before your name. Doctor will be added. Suppose my name is Kapil Samuel. Even after doing a PhD, it would be Doctor Kapil Samuel before my name. And after doing a DBA, Doctor will be added before my name. It will be legally added. So, I think thinking about business with a PhD might seem a bit tough, difficult for you. But doing business with a DBA is easy, and you are also taught management, leadership, and business. So, this is a plus point for you. Now let's talk about who mostly pursues a DBA. First of all, friends, those people who want to put "Doctor" before their name for prestige and status. And second, those who are at a good level in a company, like CEO level, COO level, or third, those who are good businessmen and want to gain knowledge on how they can grow their business, understand real-world problems, do case studies, and learn things practically. So, friends, the DBA degree you get is from foreign universities. You complete it while sitting in India. So, there are many universities. As you can see on the screen now. Look here, Birchwood University, ESGCI, Golden Gate University, Rashford Business School, SSBM. Okay? So, guys, these are from different locations. Meaning, you will find one university from the USA, one from Singapore, one from the USA, one is a university from Switzerland. But here you are taking admission while sitting in India and completing your business-related degree from a foreign university, while doing your business or job in India. Okay? So, this is a plus point for you. Now the question also arises about admission to PhD, you must know. It is done in regular mode. You can go to any university. But how will you connect with these universities? So, friends, where I am telling you all this, I will provide the link in the description below. If you want to take admission in DBA. So, guys, here you just have to fill in all your details. And guys, click on Apply Now. So, guys, you will see a proper comparison between the universities in front of you. And guys, before that, let me tell you some information. So, guys, the name of the platform I am on is CollegeVidya.com. Okay? Here you will get complete help. First help. As soon as you fill the form, a concerned person will call you. I had visited their office, and I saw there that there is a separate team for DBA that guides you properly. Like, okay, you have this interest. You are doing business, you are an entrepreneur, you are working. How can you do it? Okay? Second thing, your fees here. So, you will be doing it from a foreign university. So, the fees will be comparatively a bit high. But what solution have they found? You can pay your fees in EMIs, by making monthly installments. They will help you regarding that. And third thing, there is a CV subsidy of up to 20,000, placement assistance. Guys, CollegeVidya will help you with all these things. You will be surprised to hear its cost. It is zero cost. You get counselors, EMI facility, placement assistance, proper post-admission services, webinars, everything for free. So, I will put its link directly in the description below so that you don't have to wander in different places for DBA, don't have to search for different universities. You will get to know everything in one place. So, guys, now here you see, I have also opened a comparison properly for you. So, guys, let's talk in detail about the comparisons that emerge between DBA and PhD. Okay? First of all, if we talk about the program's focus. Guys, here you see, the focus of DBA is to solve real-world business problems. As I have explained to you. But what is the focus of PhD for those who do it? To take your academic career and research to a high level. Okay? Academics. Okay? Career enhancement. Here, after doing DBA, you learn business management. You get executive leadership knowledge. You can go into consulting. Okay? And you can build your business well. But on the other side, with a PhD, you do deep research. Okay? You provide a theoretical foundation to the academic field. Because by doing research, you can publish your book. You can provide academic knowledge. An academic career is built. Okay? So, by now you should have understood which program I am suggesting you to do for business. Okay? Now, let's talk about time commitment. Here you see, mid-career professionals who want to pursue advanced education, meaning those who have done some study, are working, or doing anything, and want to get advanced education regarding business, or in DBA also, you get many specializations. Generally, you get them in DBA. Meaning, there are different specializations. Okay? But in a PhD program, you see, it is long and more intensive. Meaning, you need four to five to six years to complete it. You have to give your full focus. It becomes difficult to do a job simultaneously. Okay? If we talk about networking opportunities. So, friends, here you will find people from business backgrounds. You will find people at good levels. Okay? You get good networking. But on the other side, you see, here you get academic circles and research communities. So, friends, this is a complete difference between DBA and PhD. So, I have tried to explain things in great detail. I have clarified each concept properly. So, friends, if I draw a complete conclusion at the end, then PhD = Academics Perfect. Okay? And DBA = Real World Business Problems, Leadership, Management Roles. This is the conclusion that emerges. So, friends, hope I have been able to clarify things properly for you. But still, if you have any doubts, you can comment in the comment section below. I will try to reply to you properly and try to clear each of your doubts. Okay? If you search for DBA on YouTube, you will find many videos. In which my videos will be seen at the top. You can get more details and more knowledge from them. I have been making videos on DBA for a long time and guiding students because this program was new, and students were not aware of it. But now many students have become aware of it. So, if you also want to take admission in this, I have put the link in the description below. You can directly fill the form from CollegeVidya and get answers to all your queries. So, friends, this was our complete video for today. If you liked the video, do like it. See you in the next video. Thanks for watching this video.