What Are The Benefits Of Having A Doctorate In Management?

1. What Are The Benefits Of Having A Doctorate In Management? There are many benefits of completing phd courses in management. It means much more than choosing a rewarding career path. It also means entering a profession that is respected everywhere, becoming a specialist in your field, and standing out from the crowd. When you decide to complete phd courses in management, you are making a commitment to learn and comprehend a certain topic in depth. It means excelling in a topic better than almost anyone else. As a doctorate student, you will be evaluating and analyzing the topic. Address : Prin. L. N. Welingkar Institute of Management Development & Research Lakhamsi Napoo Road, Near Matunga (Central Rly.), Mumbai- 400 019. Fax: 91-22-24105585 Contact - 022-24198300/24178300

2. You will be driven by the goal to comprehend and logically explain the details of an otherwise complicated and innovative concept to simplify it for the world. There are many benefits of pursuing a doctorate degree. Benefits of Having a Doctorate Degree Universities have a goal in training thought leaders who can expand the horizons of knowledge. And students pursuing doctoral level degrees are at the forefront of this mission. There are many benefits of having a PhD in management – from learning from teachers who have themselves excelled in the topic and are up-to-date with the latest management theories and practices to Address : Prin. L. N. Welingkar Institute of Management Development & Research Lakhamsi Napoo Road, Near Matunga (Central Rly.), Mumbai- 400 019. Fax: 91-22-24105585 Contact - 022-24198300/24178300

3. improving your knowledge and skills to becoming a learner for life to career enhancement and everything in between. i. You Stand Out from the Crowd In the current job market, most of the candidates already have a management or business degree or PG diploma of some sort. Most management institutions offer MBA and other programs, allowing almost anyone to include postgraduate courses in retail management to their resume. But having a doctorate degree sets you apart from the crowd. It is very rare for employers to come across candidates who have a PhD in management. It demonstrates your knowledge and skillsets, and about your passion for your field. Address : Prin. L. N. Welingkar Institute of Management Development & Research Lakhamsi Napoo Road, Near Matunga (Central Rly.), Mumbai- 400 019. Fax: 91-22-24105585 Contact - 022-24198300/24178300

4. ii. You Become a Specialist You may be interested in any management field, including: Resource management Corporate responsibility IT Finance and accounting Social entrepreneurship Retail management Operations Marketing Strategy and organization Management overs a wide range of topics and you can always find something to specialize in with a doctorate degree. And this specialization can give you the edge and create excellent opportunities throughout your career. Address : Prin. L. N. Welingkar Institute of Management Development & Research Lakhamsi Napoo Road, Near Matunga (Central Rly.), Mumbai- 400 019. Fax: 91-22-24105585 Contact - 022-24198300/24178300

5. It can also mean making a career that you find to be more fulfilling and meaningful. iii. A Rewarding Career Completing a doctorate degree in management makes it easy for you to build a career in the academic field. It also means a rewarding career that comes with a unique lifestyle that is rare to find in most other jobs. As a professor, you get the chance to shape the minds of the future generation of leaders and management gurus. You can also pursue other areas of interests such as research and consulting. If you are driven by the pursuit of knowledge, nothing beats the profession of a professor. Address : Prin. L. N. Welingkar Institute of Management Development & Research Lakhamsi Napoo Road, Near Matunga (Central Rly.), Mumbai- 400 019. Fax: 91-22-24105585 Contact - 022-24198300/24178300

6. You can pursue concepts and ideas of you interest and share them with an audience. iv. Higher Demand for Management Doctorates There is an ever growing demand for management doctorates in academia while there is a shortage of qualified faculty. This translates into higher average income. And you can expect to have six-figure starting salary. However, you get the opportunity to earn from multiple sources including the following: Book authorship Consulting Additional teaching opportunities Address : Prin. L. N. Welingkar Institute of Management Development & Research Lakhamsi Napoo Road, Near Matunga (Central Rly.), Mumbai- 400 019. Fax: 91-22-24105585 Contact - 022-24198300/24178300

7. Thus, having a PhD degree in management can also prove to be a lucrative proposition from a career perspective. v. Opportunity to Meet & Interact with Your Role Models Having a doctorate in your field of interest also gives you the opportunity to interact with industry leaders including gurus. Not only do you get an opportunity to enter the world of academia, you will also be respected wherever you go. This also means getting the opportunity to travel and meet successful academicians and leaders who inspire you. Academia is a much different profession. You get to attend lectures and events by big-name management gurus. Address : Prin. L. N. Welingkar Institute of Management Development & Research Lakhamsi Napoo Road, Near Matunga (Central Rly.), Mumbai- 400 019. Fax: 91-22-24105585 Contact - 022-24198300/24178300

8. This also means getting the chance to share knowledge and learn from big names in your field. Whether you want to pursue executive leadership development program or any other management area, there are many benefits of completing a doctorate program. Address : Prin. L. N. Welingkar Institute of Management Development & Research Lakhamsi Napoo Road, Near Matunga (Central Rly.), Mumbai- 400 019. Fax: 91-22-24105585 Contact - 022-24198300/24178300