In the upper ranks of the business world, thought leaders, chief executive officers and top management officials brainstorm and execute the business strategies that put their companies on the map. In most cases, climbing the corporate ladder into one of these lead positions takes more than job experience; it takes an advanced degree and prestigious credentials too.
This explains why many working professionals choose to pursue an online doctorate in business as they move up the hierarchy within their corporation or industry. Students can choose between earning a Doctorate in Business Administration (DBA) or a Ph.D. in business. Either way, these doctoral degrees are the highest degrees in business, so professionals who have one generally receive a certain level of respect from employers and colleagues. Graduates may even have a better chance of moving up into positions of leadership within their firms.
An online DBA or Ph.D. in business can lead to a number of fast-paced careers in finance, marketing or the broader business world. With an advanced business degree, some of the career options available to you include teaching advanced business principles to students as a college professor, working as a statistician or venturing into the complex and crucial field of global economics.