Are there any schools that offers and awards a Phd and DBA simultaneously?

Question

I would like to earn both a Phd and DBA, and was wondering if there are certain schools which offers both simultaneously, like a two-degree program offer.

Answer 1

Most schools either offer a DBA or a PhD in Business Administration -- but not both. The majority of schools offer the PhD. Only a few offer the DBA. Getting both would be redundant -- as they are considered equivalent. There would be no extra value in getting both.

The only business school that I know of that offers both a DBA and a PhD is Harvard business School. There, the DBA is given in certain fields and the PhD is given in other fields (e.g., the DBA is given in marketing and accounting, while the PhD is given in finance and business economics).

Getting two doctorates is not that unusual. About a third of the students who were in the PhD program in Finance while I was at Berkeley already had another PhD. Many of them were in physics, chemistry or math. Generally, they found that they could not get academic work in those areas -- so came back for a second doctorate in a field where they could get work. I don't know anyone who worked on two doctorates at the same time -- except in Medicine -- where some people get an MD and a PhD. Of course, none of these people got redundant degrees.

You should have a backup plan. The top doctoral programs in business are more competitive than any programs that I know of. Schools like Harvard, Wharton, Berkeley, Chicago, Duke and Stanford get between 200-400 applicants each year for each major, and only admit four to ten students. It is much easier to get into a top economics department.

Answer 2

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