by Answerbag Staff on February 6th, 2010

Answerbag Staff

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What is a doctor of management degree?

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  • by Osmond Vitez on February 6th, 2010

    Answerbag Experts

    Great Answer

    Professionally Researched. (What's this?)

    Business doctoral degrees offer individuals an opportunity to advance their business knowledge and skill sets. While many doctoral candidates enter the education field, other opportunities exist in traditional career paths.

    Facts

    The Doctor of Management (DMGT) degree focuses on practical applications of business and management techniques or theories. The educational focus of the DMGT is preparing individuals for executive-level career paths.

    Features

    DMGT degree students are required to complete a management dissertation prior to graduating. This project must apply to a practical situation in the business world.

    Considerations

    Many colleges and universities offer DMGT programs in online, traditional and hybrid-learning methods; some colleges or universities may require on-campus residencies. A potential student may choose the method that best fits her time constraints.

    Time Frame

    DMGT degrees range from 45 to 60 credit hours depending on the educational institution and degree program. Most DMGT programs are completed in four years, unless candidates are taking courses in a part-time format.

    Benefits

    While no firm education requirements or pay information is available, the U.S. Bureau of Labor Statistics reports that company and enterprise managers earn a median salary of $113,690. Executive pay is based on an individual's education and experience in the company's industry.

    Source:

    Doctor of Management: What is the Doctor of Management?

    UMUC.edu: Doctor of Management Program

    Bureau of Labor Statistics: Top Executives

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