ONLINE PHD IN BUSINESS ANALYTICS
With a PhD in Business Analytics, you may be equipped for a rewarding career across a variety of industries and positions, from teaching and research in academia to roles in management and business operations, data science, economics, and leadership.
Online Doctorate in Business Analytics Programs-
A doctorate in business analytics is considered a Big Data PhD. You may be required to complete a variety of advanced-level courses that cover topics such as supply chain management, business analytics, business operations, and project management.
Other courses may cover research methodology, empirical analysis, data modeling, and advanced statistics. In addition to the standard coursework, some PhD programs in business analytics may require you to complete a research-based dissertation in order to complete the program and obtain your degree.
With a PhD in Business Analytics, you may be prepared for a rewarding career in academia as a professor, a researcher, or even both. As the professor, you would instruct students in various content areas related to your business analytics specialty and participate in the development of the course's curriculum.
Choosing a career as a researcher may allow you to conduct research, collect and analyze data, report research findings to the various stakeholders, and contribute to growth and progress in your field.
There are also a number of positions outside of the realm of academia that may be open to you with a doctorate in business analytics. These positions include economist, management analyst, data scientist, statistician, mathematician, and actuary. You may also qualify for top-level executive positions, such as a chief data officer.
In these positions, you may be responsible for analyzing data using statistical and analytical software and making recommendations to the business leaders based on data, trends, and forecasts in relation to the business operations.
With a PhD in Business Analytics, you may also lead the collection, analysis, evaluation, and reporting on various types of data within the business.
Business Analytics Careers and Salaries-
Positions for business analytics expertise exist within a diverse range of industries, including academia, finance and business firms, and public and private businesses. You may even become an independent consultant operating your own business.
A number of positions that suit the PhD in Business Analytics are forecast to see significant job growth over the coming decade. For example, job growth is predicted for financial analysts (5%), postsecondary teachers (9%), management analysts (11%), economists (14%), and actuaries (18%).
Courses included in the doctoral business analytics program may include those listed below:
Supply Chain Analysis: An in-depth look at supply chain management strategies, decision-making, planning and forecasting, and the asset control systems
Microeconomics: Analysis of decision-making within businesses, utilizing various economics theories
Multivariate Statistical Analysis: An overview of several multivariate methods and the hands-on application of the related techniques, building on existing knowledge of mathematics, statistics, and algebra
Data Structures: Analysis of the different data structures and the ideal uses for each structure type within a business.
If you enroll in the full-time PhD program in business analytics, it may take between 3 years to obtain your degree. The length of a program will vary from school to school and depend on the overall program structure and the graduation requirements.