Business professionals with a mind for analysis may choose to step into a career in management. With a degree in business management and the availability of many well-built online PhD programs in Business management, the possibility of reaching this career height has never been more feasible. These 2-year online PhD programs in Business Management embody the whole easy life of online study but also offer the credibility and esteem expected of a doctorate.
A business management PhD typically prepares students to be scholars in an academic setting. Some programs might also be used to train educators or business professionals for careers in consulting, research, or executive leadership. No matter the specialization students choose, they will often explore courses in organization theory, statistical analysis, financial management, marketing strategy, and conflict resolution.
Generally accepted doctorate prerequisites are a master’s degree in business or a closely related field. Many students and professionals interested in attaining a doctorate are turning to online programs to obtain the highest degree while still maintaining their careers. For this reason, we have taken a close look at all online PhDs in business management to find the fastest, most affordable degrees and those that accept transfer credits.
Why Two-Year Online PhD Programs?
The fast-track or two-year online PhD program differs in that it requires a greater time commitment on a per-semester basis. This type of program is often quite intensive, and students are required to take 2 or more classes each semester. Course registration and tuition payment are typically more straightforward, and students are often given tuition discounts if they can make continuous and timely payments.
Note that some conventional and fast-track online PhD programs hold residency or workshop requirements, so it is wise to examine the specific requirements of each program. As distance learning PhD programs advance, students are likely to find more options available online. There traditionally has been a gap between the quality and acceptance of online degrees compared to those earned in a physical classroom – but that trend is changing.
Today, as online learning becomes more and more accepted, it is becoming clear that students can receive an excellent education through the Internet. It is also becoming clear that colleges are ready and able to accept that education. There are two types of online PhD programs in business management: the conventional online PhD program (which takes around 4-5 years to complete), and the fast-track online PhD program (which takes around 2 years to complete).
Benefits of Pursuing an Online PhD in Business Management
The benefits of pursuing an online PhD in Business Management are many because it is a specialized research degree. A PhD in Business Management is generally a follow-up to a master’s degree, although, some students can pursue a combined master’s/PhD program.
Usually, a combination of coursework and rigorous research; which may include teaching, will prepare the student to become a scholar in their field, working at the top universities or for public and private organizations. This is just one of the benefits of pursuing an online PhD in Business Management, below are many other benefits.
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Flexibility for Working Professionals
Sometimes it’s difficult to leave a job for higher education, hence pursuing a PhD program in Business Management with the Two Year Online PhD Program is a way out. This online program allows for flexibility and convenience, as there is no commute or fixed schedule. The program is designed to accommodate professionals with busy lives, allowing you to adjust the course to fit your schedule. This level of flexibility is unprecedented in traditional campus-based programs.
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Cost-Effectiveness Compared to Traditional Programs
Cost-effectiveness is crucial for business professionals interested in online PhD programs. Traditional PhD programs can cost $80,000 to $100,000, causing significant delays. The affordable price of online degrees is appealing, especially for working professionals. Time and cost-effectiveness are the main factors driving professionals to pursue online PhDs.
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Opportunities for Advancement and Career Growth
Individuals pursuing a PhD in Business Management aim to advance their careers in high-level management positions or college teaching. Online PhD in Business Management equips students with the necessary skills for management positions in the public and private sectors, or for careers in teaching and research.
Criteria for Ranking the Top 2-Year Online PhD Programs in Business Management
The basic criteria adopted to select the top 8 programs were primarily their traditional university standing, accreditation in business in addition to various forms of recognition, the use of experiential learning, the ability to tailor curriculum, affordable tuition, and minimum credits required for graduation.
The programs were sorted and checked for accreditation by industry-standard bodies such as the Accreditation Council for Business Schools and Programs (ACBSP) and the Association to Advance Collegiate Schools of Business (AACSB).
Factors to Consider When Choosing a 2-Year Online PhD in Business Management Program
The thought of embarking on a PhD journey is a very monumental task and then important decisions must be made. Choosing a 2-year online PhD in business management can be challenging as there are numerous factors that one must give thoughtful consideration to choose the best. These factors encompass not only the program duration but also the crucial aspect of college accreditation and many others.
To help intending PhD candidates make the right call, let us look at these factors comprehensively. They include:
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Accreditation
Program Accreditation is an important factor when choosing a program, be it at the undergraduate or graduate levels. An institution or program that holds accreditation has met standards above and beyond minimum requirements for its field. Accreditation confers acceptance and credibility to your certificate at the end of the program. Without the program or school being accredited, the certificate issued by the college holds no water.
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Faculty Expertise
Faculty expertise is a key criterion for ranking business schools with PhD programs. The faculty at an institution must possess the appropriate knowledge and skills to provide their students with an exceptional education. They are the cornerstone of academic quality, and their expertise is a major influence on the student’s reputation of their education program.
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Program Reputation
A program’s reputation is important in determining its quality and when we look at a program’s reputation, many factors must be checked. Are the programs really 2-year programs? What is the program completion rate? What have the graduates of the program been up to?
Top Two-Year Online PhD in Business Management
There has been an increase in the number of two-year online PhD programs in Business Management that makes earning a PhD in business more attainable. In all these programs, few stand out, and the reasons are not far-fetched. Students seek to enrol in these programs for their enticing offers such as; low tuition, scholarships, transfer credit acceptance, and so on.
Due to the opportunities offered by these colleges, we have included them in our list of top ten 2-year online PhD in Business Management. They include:
- Capella
University Online PhD in Business Management - Liberty University Online PhD in Business Management
- Johnson University Online PhD in Business Management
- National University Online PhD in Business Management
- Wilmington University Online PhD in Business Management
- Trident University Online PhD in Business Management
- Walden University Online PhD in Business Administration
- Grand Canyon University Online PhD in Business Management
- Colorado Technical University Online PhD in Business Management
- Northcentral University Online PhD in Business Management
University Online PhD in Business ManagementLet us look at them in detail, x-raying the program accreditation, tuition fees, curriculum, scholarships and transfer credit option.
#1. Capella University Online PhD in Business Management
Capella University’s online PhD in Business Management is designed to provide you with the knowledge, skills, and abilities to effectively perform advanced evidence-based research – whether you are seeking an advanced leadership position in a private or public organization or a career in academia.
This program is taught by expert faculty members who have advanced degrees and are experienced practitioners in business. With seven specialties to choose from, you are not in lack of skills to help you navigate the turbulence in any area you find yourself.
- Mode of Delivery: 100% Online
- Accreditation: Accreditation Council for Business Schools and Programs (ACBSP)
- Tuition Fee: $985/credit. Total cost varies with specialization and quarter.
- Scholarships Amount: $20,000
- Number of Transfer Credit Units: 12 max transfer credits
- Courses: 11 Core courses, 4 Specialization courses and 1 Elective course
- PhD Specialties: Accounting, General Business Management, Leadership, Project Management, Human Resource Management, Information Technology Management, Strategy and Innovation
#2. Liberty University Online PhD in Business Management
The online PhD in Business Administration (PhD BA) program at Liberty University equips students with expertise in various aspects of business administration, enabling them to effectively apply their knowledge and abilities in both present and future leadership and teaching positions. It offers a flexible schedule, allowing you to tailor your studies to fit your individual needs.
The program is designed to recognize the significance of maintaining control over your academic endeavors while juggling work, family, and community commitments. With esteemed faculty members who possess extensive expertise in the business field and hold advanced degrees in relevant disciplines, making them invaluable sources of knowledge who are deeply committed to your success and are dedicated to equipping you with the essential skills and understanding to advance your career.
- Mode of Delivery: 100% Online
- Accreditation: Southern Association of Colleges and Schools Commission on Colleges (SACSCOC).
- Tuition Fee: N/A – Check the Official website below.
- Scholarships Amount: N/A
- Number of Transfer Credit Units: 50% of your total credits
- Courses: 8-week courses, 60 Credit Hours.
- PhD Specialties: Entrepreneurship, Executive Coaching, Leadership, and Supply Chain & Logistics.
#3. Johnson University Online PhD in Business Management
Johnson University offers a 60-credit, two-year online PhD in Business Management program. The program is designed to be completed within 24 months, where learners are afforded the flexibility of learning in their environment. Johnson University’s PhD in Business Administration is designed to prepare students for executive careers in business and postsecondary institutions.
The program is research-intensive, with a mix of advanced business theory and practical application, and has a strong emphasis on developing the research skills needed to generate and foster new insights. It is further meant to develop scholars and professionals who can discover, integrate, and apply knowledge in ways that contribute to business and management practices.
- Mode of Delivery: 100% Online
- Accreditation: Southern Association of Colleges and Schools Commission on Colleges (SACSCOC).
- Tuition Fee: $715 per credit hour
- Scholarships Amount: N/A
- Number of Transfer Credit Units: N/A
- Courses: 60 Credit Hours.
- PhD Specialties: Educational Leadership, Ministry Leadership, Missional Leadership, Organizational Leadership, Philosophy of Leadership, Theology of Leadership
#4. National University Online PhD in Business Management
National University offers a traditional two-year online PhD in business management program. This program is designed for professionals who want to develop the ability to lead change, think strategically, and improve operations in an increasingly complex and diverse global business environment.
Many different fields are open to someone with a Doctor of Philosophy in Business Administration from National University, including teaching, research, and consulting. Possessing this degree opens up a variety of career paths, including university teaching, research for private companies or government agencies, and consulting for public or private entities.
Related: Places to Look for Jobs as a PhD Graduate
- Mode of Delivery: 100% Online
- Accreditation: Accreditation Council for Business Schools and Programs (ACBSP)
- Tuition Fee: Total cost varies with specialization
- Scholarships Amount: $5,000
- Number of Transfer Credit Units: N/A
- Courses: 20
- PhD Specialties: Advanced Accounting, Financial Management, Global Business Management, Health Services Specialization, Homeland Security: Leadership & Policy (HS), Industrial/Organizational Psychology, Information Technology, Organizational Leadership, Project Management, Strategic Marketing
#5. Wilmington University Online PhD in Business Administration
Wilmington University Online offers students the chance to become leaders in business and industry by providing a curriculum that emphasizes personal and professional integrity and dedication to the social and business community. Courses are offered in a flexible, online format making it easier to balance work and life obligations.
Courses are taught by practitioner-scholars who advise students and mentor their professional and career development. The program prepares experienced professionals to engage in business and academics now and in the future to make unique, creative, and meaningful contributions to the elevation of the organization and society.
- Mode of Delivery: 100% Online
- Accreditation: International Assembly for Collegiate Business Education (IACBE)
- Tuition Fee: $2,088 per course
- Scholarships Amount: –
- Number of Transfer Credit Units: –
- Courses: 54 credit hours – 4 research foundation courses, 11 program-specific courses, 1 dissertation
- PhD Specialties: –
#6. Trident University Online PhD in Business Administration
The Trident University online PhD in Business Administration program is tailored for students seeking to deeply interact with academic literature, partake in extensive academic experiences, and perform thorough research in their specific areas of interest. Students have the opportunity to have a transformative experience and become proficient in the field of business.
Graduates of the online PhD program in Business Administration can pursue careers as business leaders, educators, researchers, or scholars in many sectors such as academia, the military, and the corporate world.
- Mode of Delivery: 100% Online
- Accreditation: Trident University International is a member of the American InterContinental University System. The System is accredited by the Higher Learning Commission
- Tuition Fee: $787/credit. Total cost varies with specialization and quarter.
- Scholarships Amount: 15% tuition savings off each course.
- Number of Transfer Credit Units: Check Here
- Courses: –
- PhD Specialties: No Concentration, Accounting/Finance, Information Systems/Information Technology Management, Leadership, Management and Organizations, Marketing
#7. Walden University Online PhD in Business Administration
Walden University’s Doctorate in Management program is the ideal choice for individuals who are eager to pursue a successful career in academia or engage in strategic management work with companies. By completing the PhD program in Business Management, you will significantly elevate your reputation, influence, and ability to make a profound and meaningful impact.
The program at Walden University is developed and structured into five unique phases, all to equip you with the indispensable skills and unwavering confidence needed to triumphantly complete your dissertation. Through this exceptional Doctorate in Management program, professionals will receive the essential tools required to excel as esteemed scholars, innovative thinkers, and catalysts for positive transformation in the realms of business and higher education.
- Mode of Delivery: 100% Online
- Accreditation: Accreditation Council for Business Schools and Programs (ACBSP)
- Tuition Fee: N/A
- Scholarships Amount: $5,000 Grant
- Number of Transfer Credit Units: N/A
- Courses: N/A
- PhD Specialties: 21st Century Finance, Completion Program, Human Resource Management, Information Systems Management, Leadership and Organizational Strategy, Organizational Design and Innovation, Self-Designed
#8. Grand Canyon University Online PhD in Business Management
The online DBA program, with a focus on management, allows students to study remotely at their convenience. The dynamic learning platform is designed to be easy and encourages collaboration, allowing learners to interact with skilled teachers. Students might get advantages from the varied viewpoints of their peers and the continuous assistance of faculty members during the dissertation process.
Students enrolled in the Doctor of Business Administration program with a focus on Management will be required to complete courses such as Management Theory in a Global Economy, Emerging Issues in Financial Management, and Designing Organizational Structures.
- Mode of Delivery: 100% Online
- Accreditation: Higher Learning Commission (HLC)
- Tuition Fee: $640/credit.
- Scholarships Amount: —
- Number of Transfer Credit Units: 12 max transfer credits
- Courses: —-
- PhD Specialties: —
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