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Doctoral degrees are becoming increasingly common for organizational leaders in a variety of industries. The demand for executive leadership, critical thinking and research and analysis skills is growing rapidly. A professional doctorate degree is an ideal way to gain these skills while applying them to real-world business challenges.
The demand for doctoral education is evident both in the number of professionals completing these degrees and the projected demand for professionals with a doctorate degree.
According to leading labor market analytics firm EMSI, completion of doctoral degrees increased by 13.8% between 2012 and 2020. Occupational demand for doctoral or professional degrees is expected to grow by 7.8% by 2031.
If you’re interested in advancing to leadership positions, a doctorate may soon become essential. However, which doctoral degree will set you up for success?
As you research which doctorate degrees fit your career aspirations, a Doctor of Business Administration (DBA), or a Doctor of Education in Organizational Leadership (Ed.D.), may be on your short list. Let’s look at these two different degrees and how they compare, making it easier for you to choose the right degree for your career advancement.
A DBA is a terminal business degree that provides practical, leadership-level research, writing and presentation skills that can be directly applied in the workplace. DBA coursework and dissertation focus on helping you identify, define and solve a pressing business issue or gap.
Let’s look at how a DBA can help you prepare to lead and who this degree is the best fit for.
Advantages of a DBA Degree for Aspiring Leaders
Gain strong, cross-disciplinary knowledge and research acumen in the major business functions of organizations.
Downside of a DBA for Aspiring Leaders
A DBA is the best fit for aspiring leaders who want to:
An Ed.D., or Doctor of Education, degree may be more flexible than you think. Some universities, like Franklin University, offer an Ed.D. in Organizational Leadership, which can be applied to the education field or many other industries. This degree draws on best practices in leadership, helping you build your competency as an effective leader to solve real-world problems and impact change within an organization.
Let’s look at how an Ed.D. can help you prepare to lead and who this degree is the best fit for.
Advantages of an Ed.D. Degree for Aspiring Leaders
Downsides to an Ed.D. Degree for Aspiring Leaders
An Ed.D. is the best fit for aspiring leaders who want to:
Now you have a strong understanding of both the DBA and Ed.D. degree programs, as well as their distinct advantages and disadvantages. Let’s compare these degrees one-to-one to better understand how each degree prepares you for unique career paths.
Choosing the right degree path is crucial to advancing your career. However, choosing a university that fits your needs as a doctoral student is just as important.
Franklin University offers both an online DBA degree and online Ed.D. in Organizational Leadership degree that meet the needs of busy working professionals. Our doctoral programs can be completed in as few as 3 years and allow you to transfer up to 40% of the credits needed to complete your degree.
If you’re an aspiring education leader or want to become an executive of a mission-driven organization, our online Ed.D. in Organizational Leadership will prepare you to become a change agent within your organization. Through multi-disciplinary learning and applied research, you will be prepared to provide data-driven, human-centered solutions to your industry.
If you want to drive innovation in an increasingly global and competitive marketplace, our online DBA degree can prepare you to become a next-generation business leader. Through a broad-based business administration curriculum and focused dissertation, you will have the skills to evaluate the big picture and details to solve pressing business challenges.
Explore the advantages of earning your doctorate degree at Franklin University and how we empower you to reach your career goals.