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Best Doctorate in Business Management Programs 2020

Compiled and Written By TopManagementDegrees.com Staff
Last Updated: April 2020

A doctorate in business management provides business knowledge ideal for aspiring business leaders or scholars. Boasting the terminal degree in their discipline, doctoral graduates have demonstrated advanced expertise in at least one business area.

Individuals seeking research careers or higher education teaching positions often opt for a Ph.D. in business management, while students seeking management positions may pursue a doctor of business management (DBM or DM) or business administration (DBA) degree. All three degrees exceed educational requirements for upper-level management positions in most industries. Because these positions typically garner high salaries, a DM, DBA, or Ph.D. in business management can increase graduates' financial security and prosperity.

Updated yearly to remain abreast of changes in this rapidly changing discipline, the online business management program rankings below introduce readers to the best business doctoral programs so they can compare and evaluate prospective schools more efficiently.

The Top 10 Doctorate in Business Management Programs

Rank School Location
1 Harvard University Cambridge, MA
2 Yale University New Haven, CT
3 University of Pennsylvania Philadelphia, PA
4 Cornell University Ithaca, NY
5 Rice University Houston, TX
6 Case Western Reserve University Cleveland, OH
7 University of California – Los Angeles Los Angeles, CA
8 George Washington University Washington, DC
9 Rensselaer Polytechnic Institute Troy, NY
10 Georgia Institute of Technology Atlanta, GA

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Top Doctorate in Business Management Programs and Schools for 2020

Note: A detailed explanation of the methodology we used to determine the best Doctorate in Business Management programs can be found at the end of the ranking.

#1 Harvard University – Cambridge, MA

Established in 1636, Harvard is the oldest higher learning institution in the United States. Located in Cambridge, Massachusetts, Harvard houses 12 degree-granting schools and enrolls over 36,000 students annually.

Harvard's doctorate in business administration with a management concentration includes coursework, research, and writing components, which learners can complete in five years. During the program's first two years, students take 13 required foundation, research methods, business administration, and social science courses.

The third and fourth years of the doctoral program in management allow learners to work closely with a faculty member as they research an aspect of the field. The culmination of research results in three publishable papers or one dissertation. All students must teach or assist with teaching while enrolled, and they should complete a written and oral examination on a declared special field during the program.

Applicants must submit GRE or GMAT scores with a resume, statement of purpose, three letters of recommendation, and transcripts for consideration.

Average Net Price: $47,562

#2 Yale University – New Haven, CT

Yale received a charter from the Connecticut legislature in 1701. Located in New Haven, Connecticut, Yale houses more than 100 departments and programs, serving nearly 14,000 students each year.

Yale offers a doctorate in organizations and management that focuses on interactions among individuals, groups, consumers, and institutions. Doctoral students complete 14 required courses in economics and policy modeling alongside research methods, social science, theory, and elective classes.

Yale's organizations and management doctoral students participate in seminars and workshops, completing research papers and qualifying exams in anticipation of dissertation candidacy. Students must enter the program's dissertation stage by their fourth year.

Applicants must provide GRE or GMAT scores, transcripts, a statement of purpose, three letters of recommendation, and a writing sample for consideration.

Average Net Price: $42,100

#3 University of Pennsylvania – Philadelphia, PA

Founded in 1740, Penn offers its more than 20,000 learners a 6-to-1 student-to-faculty ratio. Based in Philadelphia, Pennsylvania, Penn houses 16 academic schools, including the Wharton School, the first collegiate business school established in the United States.

Through the Wharton School, students can earn a doctorate in management in roughly five years. Sixteen required classes include seven management seminars, two research methods courses, a two-course social science sequence, and three electives.

Learners also write a mid-program research paper, complete first- and second-year examinations, participate in department colloquia, and develop teaching skills as part of the management program. During the last two years of the doctoral degree, students research, write, and defend a dissertation.

To apply, individuals must submit three letters of recommendation, transcripts, GMAT or GRE scores, and a personal essay.

Average Net Price: $38,630

#4 Cornell University – Ithaca, NY

With a main campus in Ithaca, New York, Cornell opened in 1868, three years after its founding by Andrew Dickson White and namesake Ezra Cornell. Cornell offers undergraduate, graduate, and professional programs to more than 24,000 students annually.

The management doctorate at Cornell, provided through the Samuel Curtis Johnson College of Business, allows students to focus on one of six concentrations, such as accounting, strategy and business economics, finance, and marketing. Learners can also focus on management and organizations or operations, technology, and information management.

Cornell's doctorate in management does not require coursework and each student completes a curriculum designed to meet their individual needs. Learners participate in research seminars and competency examinations in anticipation of an in-depth research and dissertation project. Students typically complete Cornell's management doctoral degree in 4-5 years.

Applicants must provide a statement of purpose, two letters of recommendation, transcripts, and GRE or GMAT scores for consideration.

Average Net Price: $29,584

#5 Rice University – Houston, TX

Chartered by businessman William Marsh Rice in 1891, Rice opened in 1912. Rice occupies a 300-acre main campus in Houston, Texas, and boasts a 6-to-1 student-to-faculty ratio.

The business Ph.D. at Rice features four specialization options, including one in strategic management. During the program's first two years, learners study management theory, methodology, and research methods in anticipation of a comprehensive exam.

Learners also produce one research paper before moving to the dissertation stage of the program. During the dissertation process, students present and defend a dissertation proposal, secure a dissertation committee, and present their completed research and writing for approval.

Students can earn the doctorate in business with a focus in strategic management in 4-5 years. Application materials include a personal statement, a resume, transcripts, and three confidential evaluations. Applicants must also submit GRE or GMAT scores for consideration.

Avg. Net Price of Program: $38,438

#6 Case Western Reserve University – Cleveland, OH

Formed out of the merger of Western Reserve University and Case Institute of Technology in 1967, CWRU calls Cleveland, Ohio, home. CWRU enrolls more than 11,500 undergraduate and graduate students, offering academic programs through nine schools and colleges.

The doctor of management degree at CWRU, provided through the Weatherhead School of Management, includes 54 credit hours of coursework in addition to research and writing requirements. During the first year of the program, learners study theory and practice of collective action, leading change, and research methods. Students produce a qualitative research paper, as well.

The second year of the curriculum emphasizes analysis and problem-solving skills, preparing students for a quantitative research project. The third year of CWRU's management Ph.D. program focuses on managerial practice to synthesize qualitative and quantitative work into a dissertation.

Preferred applicants hold a graduate or professional degree with at least 15 years of work and leadership experience. Application materials include transcripts, writing samples, a resume, and two letters of recommendation.

Average Net Price: $45,204

#7 University of California – Los Angeles – Los Angeles, CA

Established in 1919, UCLA's origins extend back to the 1880s. Now one of 10 institutions within the University of California System, UCLA offers nearly 400 educational programs to more than 45,000 students annually.

Provided through the Anderson School of Management, UCLA's Ph.D. in management allows students to specialize in one of eight subsets of the discipline. Learners can focus on areas like accounting, behavioral decision-making, finance, or global economics management. Additional concentrations include management and organizations; decisions, operations, and technology management; marketing; and strategy.

Eighteen classes in research methods, a concentration area, and electives precede a paper and field exam. Students then continue on to a dissertation during their third year. Throughout the doctoral program, learners participate in faculty and student-run seminars.

To apply, individuals must submit a statement of purpose, transcripts, GMAT or GRE scores, and three letters of recommendation.

Avg. Net Price of Program: $18,993

#8 George Washington University – Washington, DC

Chartered by an act of the United States Congress in 1821, GW occupies three campuses in the greater Washington, D.C., area. Home to 10 academic schools and colleges, GW enrolls more than 26,000 students each year.

GW offers a Ph.D. in business with a management and strategy focus. Students complete 14 required courses, such as foundations of strategy and management, microeconomic theory, and research methods. Learners must produce a second-year research paper and complete comprehensive examinations during the third year of the program. The final two years of the program emphasize research and dissertation-writing.

Applicants need a minimum 3.5 GPA from previous degree programs for consideration. Application requirements include 90th percentile GMAT or GRE scores, three letters of recommendation, and a demonstrable fit with faculty research interests.

Avg. Net Price of Program: $30,834

#9 Rensselaer Polytechnic Institute – Troy, NY

Located in Troy, New York, Rensselaer offers its 8,000 students nearly 750 labs, studios, and technology spaces across its 275-acre campus. Founded by its namesake Stephen Van Rensselaer and his colleague Amos Eaton in 1824, Rensselaer represents the first school of science and civil engineering in the English-speaking world.

Rensselaer's Ph.D. in management comprises 90 credits, which learners can complete in 3-5 years. The curriculum integrates formal courses, seminars, workshops, and independent study. Students can focus their studies on areas like strategic management, global management, or innovation management and new product development.

Students complete coursework during the first two years of their degree, followed by a qualifying and comprehensive exam. Learners then proceed to dissertation research and defense.

Applicants must submit GMAT or GRE scores, a resume, and transcripts demonstrating a minimum 3.3 GPA for consideration.

Avg. Net Price of Program: $55,440

#10 Georgia Institute of Technology – Atlanta, GA

Georgia Tech, founded in 1885, initially offered academic programs to only 84 students. Now home to nearly 28,000 learners, Georgia Tech occupies a main campus in Atlanta, Georgia, with additional locations around the world and online.

Georgia Tech's doctorate in management, provided through the Scheller College of Business, builds knowledge and skills in operations and information technology management. During the program's first two years, students complete research projects blending theoretical, conceptual, and research content.

After comprehensive examinations during their third year, learners progress to the dissertation stage. Students can earn the management Ph.D. in 4-5 years.

Applicants need knowledge of linear algebra, calculus, and statistics to thrive in the management doctorate at Georgia Tech. To apply, individuals must submit transcripts, three letters of recommendation, and GRE or GMAT scores.

Avg. Net Price of Program: $21,178

#11 The University of Texas at Austin – Austin, TX

The flagship institution of the University of Texas System, UT Austin enrolls more than 51,000 students annually. UT Austin traces its origins to 1883 and currently houses 18 academic schools and colleges.

The management doctorate at UT Austin, offered through the McCombs School of Business, allows students to specialize in organization science or strategic management. All doctoral students complete coursework in quantitative and qualitative data analysis while exploring interdisciplinary topics in business, social science, and communication.

UT Austin's Ph.D. in management emphasizes collaborative research projects with faculty. Application materials include GRE or GMAT scores, transcripts, a resume, and three letters of recommendation. Learners must also submit a statement of purpose.

Avg. Net Price of Program: $17,153

#12 University of Connecticut – Storrs, CT

UConn, founded in 1881, occupies a main campus in Storrs, Connecticut, with regional locations in Avery Point, Hartford, Stamford, and Waterbury. UConn enrolls more than 32,000 students each year, providing over 200 undergraduate, graduate, and professional programs.

The management Ph.D. at UConn allows students to focus on organizational behavior or strategic management. The organizational behavior concentration emphasizes attitudes, management, and performance among people in organizational settings, while the strategic management specialization examines processes and consequences of policy and decision-making as they relate to a firm's external environment. Both programs allow learners to further specialize in entrepreneurship.

Required coursework in research methods accompanies 21 credit hours of major courses. Students also complete elective, orientation, and research classes in addition to comprehensive examination and dissertation requirements.

To apply, individuals must submit transcripts, letters of recommendation, a statement of purpose, and GRE or GMAT scores.

Avg. Net Price of Program: $26,156

#13 University of Miami – Coral Gables, FL

Based in Coral Gables, Florida, UM grew out of a community initiative to bring a higher learning institution to southern Florida. Established in 1925, UM offers over 180 academic programs to more than 17,000 enrollees.

UM's Ph.D. in business with a management science emphasis integrates required business coursework in economic theory, research methods, and social science with 33 credit hours of concentration coursework.

Management science doctoral students must complete at least 30 credit hours of science, technology, engineering, or mathematics coursework as part of their concentration requirements. Learners complete a minimum of 12 credit hours in research requirements in this 60-credit doctoral degree.

Prerequisites include linear algebra, calculus, statistics, and computer programming. Applicants must submit a resume, transcripts, GRE or GMAT scores, and three letters of recommendation for consideration.

ranscripts, ACT or SAT scores, a personal statement, and an application fee.

Avg. Net Price of Program: $37,624

#14 University of Washington – Seattle, WA

Established in 1861, UW came to fruition nearly three decades before Washington entered the Union in 1889. UW houses 18 academic schools and colleges at its Seattle location.

Offered through the Foster School of Business, UW's Ph.D. with a management specialization offers tracks in strategic management and organizational behavior and human resource management. During the program's first year, learners complete research methods, theoretical, and conceptual coursework as they prepare research papers.

The second year of the five-year degree emphasizes teaching and mentorship as learners prepare for comprehensive examinations. Years three through five focus on research as students prepare dissertations and journal submissions for the Academy of Management.

Applicants must submit GRE or GMAT scores, a personal statement, transcripts, and three letters of recommendation.

Avg. Net Price of Program: $21,655

#15 University of California – San Diego, CA

Established in 1960 as a research institution for undergraduate and graduate students, UC San Diego is one of 10 schools within the University of California System. Home to five academic divisions, UC San Diego enrolls nearly 37,000 students annually.

UC San Diego's Ph.D. in management, provided through the Rady School of Management, includes three phases of requirements. During the first phase, students complete core, breadth, and methodology coursework. The second phase emphasizes research and direct study in anticipation of the third and final dissertation stage.

Within the doctorate program, learners may focus on research specialties such as finance, marketing, economics and strategy, and innovation and technology.

Learners can complete the doctorate in management in 4-5 years. Applicants must submit GRE or GMAT scores, three letters of recommendation, a resume, and a statement of purpose.

Avg. Net Price of Program: $18,993

#16 University of Pittsburgh – Pittsburgh, PA

Established in 1787, Pitt is one of the oldest institutions of higher learning in the United States. The school educates nearly 30,000 enrollees and offers a 14-to-1 student-to-faculty ratio.

The Ph.D. in strategic management at Pitt includes core classes in strategy research, entrepreneurship, and corporate and competitive strategy. Students build research methods acumen while developing critical-thinking, analytical, and managerial skills.

At the end of their second year, learners complete comprehensive exams in anticipation of dissertation research and writing. Students also work as teaching assistants during the doctoral program, building communication and pedagogical skills applicable to the job market.

Applicants to Pitt's strategic management doctoral program, provided through the Joseph M. Katz Graduate School of Business, must submit GRE or GMAT scores, three letters of recommendation, and transcripts for consideration.

Avg. Net Price of Program: $30,791

#17 Purdue University – Main Campus – West Lafayette, IN

Purdue, named for benefactor John Purdue, first offered classes from its West Lafayette, Indiana, campus in 1874. Today, Purdue hosts regional campuses throughout the state and extensive online educational offerings.

Purdue's doctoral degree in management includes specializations in accounting, data science, finance, and marketing. Students can also choose from concentrations in management information systems, strategic management, supply chain and operations management, quantitative methods, or organizational behavior and human resource management.

All learners complete six credit hours of managerial skill courses and 15 credit hours of research method coursework. Comprehensive examinations precede dissertation research, writing, and defense.

Required application materials include GRE or GMAT scores, a resume, a statement of purpose, and two letters of recommendation.

Avg. Net Price of Program: $18,609

#18 University of California – Irvine, CA

Founded in 1965, UC Irvine offers more than 200 academic programs to over 36,000 enrollees each year. Located in Irvine, California, UC Irvine is one of 10 schools within the University of California System.

UC Irvine's doctorate in management emphasizes theoretical and methodological competencies applicable to careers in teaching and research in higher education. Provided through the Paul Merage School of Business, the management Ph.D. includes required seminar and breadth coursework alongside eight credit hours of specialization classes.

Learners can focus on accounting, finance, information systems, or marketing. Additional concentration areas include operations and decision technologies, organization and management, and strategy.

Ph.D. students enjoy access to research colloquia, the program's brown bag series, and the annual research fest to exchange ideas with faculty and peers. Applicants must submit transcripts documenting a minimum 3.0 GPA, GRE or GMAT scores, and three letters of recommendation.

Avg. Net Price of Program: $18,993

#19 University of Buffalo – Buffalo, NY

The largest and most comprehensive campus within the State University of New York system, UB traces its origins to 1946. Based in Buffalo, New York, UB also provides more than 300 academic programs at locations in Amherst and online.

UB's management Ph.D. includes specializations in accounting, finance, management science and systems, and marketing. Students can also focus on operations management and strategy or organizational and human resources.

Learners can complete the 72-credit doctorate in 3-5 years. During the program's first and second years, students complete required statistics, methodology, and concentration classes and two research papers. Comprehensive examinations during the curriculum's third year precede dissertation research and writing.

Applicants need prerequisite coursework in accounting, finance, and marketing. Application materials include a writing sample, GRE or GMAT scores, a resume, and two letters of recommendation.

Avg. Net Price of Program: $16,870

#20 Michigan State University – East Lansing, MI

MSU began as an agricultural college in 1855. With a 5,300-acre campus in East Lansing, MSU now offers more than 200 undergraduate, graduate, and professional programs.

MSU's Ph.D. in management allows learners to explore general management or specialize in organizational behavior, strategic management, or human resource management. Students complete the program in roughly five years.

Required coursework in research methods, economics, behavioral analysis, and business concepts accompanies management major and minor classes. Throughout the program, degree-seekers participate in feedback and evaluation processes intended to guide them in their academic and professional goals.

Applicants must submit three letters of recommendation, GRE or GMAT scores, transcripts, and a statement of personal goals.

Avg. Net Price of Program: $26,880

#21 Binghamton University – Endicott, NY

Originally located in Endicott, New York, Binghamton began as an extension of Syracuse University in 1946. Binghamton now offers undergraduate and graduate programs from locations in Vestal, Binghamton, and Johnson City as part of the Statue University of New York system.

While enrolled in the Ph.D. in management program at Binghamton, students benefit from a 19-to-1 student-to-faculty ratio. Learners can also receive funding through tuition scholarships and teaching or research assistantship opportunities.

The customized management doctorate includes coursework in qualitative and quantitative research methods and concentration areas such as accounting, economics, or sociology. Students also complete a dissertation.

Preferred applicants hold a business administration or accounting master's degree. Transcripts should reflect a minimum 3.2 undergraduate GPA or a 3.5 graduate GPA. Applicants must also submit GMAT scores, three letters of recommendation, a CV, and a resume for consideration.

Avg. Net Price of Program: $16,870

#22 University of Iowa – Dayton, OH

The oldest institution of higher learning in Iowa, UI enrolls more than 32,500 students annually. Located in Iowa City, UI houses 11 academic colleges offering more than 200 undergraduate, graduate, and professional programs.

UI's Ph.D. in management, provided through the Tippie College of Business, includes 72 credit hours of coursework and a dissertation requirement. During the program's first two years, learners complete required courses and conduct mentored research to prepare for a formal third-year paper and presentation.

The management doctoral degree's fourth and fifth years emphasize dissertation proposal, research, and writing requirements.

Applicants must submit GMAT or GRE scores, a statement of purpose, and three letters of recommendation. They need a minimum 3.0 GPA from a regionally accredited bachelor's degree for consideration.

Avg. Net Price of Program: $19,255

#23 University of Massachusetts – Amherst, MA

UMass Amherst began as an agricultural college in 1867 and operates as the flagship institution within the five-campus University of Massachusetts system. UMass enrolls over 31,000 students in more than 200 academic programs each year.

The Isenberg School of Management offers a Ph.D. in management science that students can complete in five years. Learners complete required coursework in business process optimization, research methods and statistics, deterministic models, and transportation and logistics.

During their third year, students focus on a dissertation proposal and teaching experiences. Years four and five of the doctoral degree emphasize dissertation research, teaching, and a final dissertation defense. Additional management doctorates offered through Isenberg focus on topics such as organizational studies, hospitality and tourism management, sport management, and strategic management.

Applicants must demonstrate competencies in research methodology and business administration. Application materials include transcripts, GRE or GMAT scores, and a resume.

Avg. Net Price of Program: $21,137

#24 Rutgers University – Newark, NJ

Rutgers University – Newark occupies two campuses in Newark, New Jersey. The management doctorate offers 10 specialization areas. Students can focus on areas such as accounting, accounting information systems, economics, or finance.

The management Ph.D. integrates 72 credit hours of coursework. Learners complete required foundation, methodology, and major classes during the program's first two years. After qualifying examinations, students focus on dissertation research and writing during the last two years of the program.

Degree-seekers must submit transcripts, three letters of recommendation, GRE or GMAT scores, and a personal statement.

Avg. Net Price of Program: $23,268

#25 University of Arizona – Tucson, AZ

Chartered in 1885, UArizona represents the first university in the Arizona Territory. Located in Tucson, UArizona houses 21 academic colleges, meeting the educational needs of more than 45,000 enrollees annually.

UArizona's Ph.D. in management, offered through the Eller College of Management, integrates interdisciplinary content in behavioral science, sociology, and management.

Learners complete 48 credit hours of major and minor classes, plus 18 credit hours of dissertation research and writing work. Additional courses include seminars in decision-making and human resources, statistics, research methodology, and organizational behavior.

Students can earn a management doctorate at UArizona in five years. Preferred applicants demonstrate a minimum 3.5 GPA from undergraduate and previous graduate coursework. Application packets include a statement of purpose, three letters of recommendation, and GRE or GMAT scores.

Avg. Net Price of Program: $21,890

Why a Doctorate in Business Management?

A doctorate in business management can improve a professional's job performance, expand their network, and qualify them for executive positions as president, director, or chief information officer. According to the U.S. Bureau of Labor Statistics (BLS), management occupations garnered a median annual salary of $104,240 as of 2018. Manager job prospects also appear promising, as the BLS projects a 7% growth in management occupations from 2018-2028.

A doctorate in business management demonstrates serious discipline and commitment to leadership excellence and sets graduates apart from their competition for management positions. Depending on degree concentration, interests, and industry expertise, doctoral graduates work in a variety of booming national industries, including healthcare and information technology. Many Ph.D. in management graduates shape the future of business practice through research or teaching.

This degree best suits mid-career business professionals seeking knowledge, prowess, and career advancement. However, business management doctorate programs also include internship programs and other job placement services for newer business professionals. In addition to training students in "hard" management skills, which assist in data and market analysis, budgeting, and hiring, doctoral programs in business management foster general, "soft" business skills such as leadership, communication, and decision-making.

Learn More About Doctorates in Business Management

How to Find the Right Doctorate in Business Program

Each business management doctoral program features its own concentration offerings. Prospective students should look for programs offering coursework that aligns with their career goals and interests. For example, those interested in manufacturing logistics may concentrate their degrees in supply chain management or logistics designed for supply chain managers. Other popular concentrations include healthcare management, human resources, and information systems.

As they review curriculum options, prospective learners should consider practical concerns such as capstone requirements. Working professionals should pay attention to degree timelines, keeping in mind that the best Ph.D. business programs often require a thesis and can take several years to complete. Students with sufficient time and motivation to finish quickly may opt for accelerated programs, while busy working professionals may need to study part-time.

On-campus programs typically provide better support and networking opportunities, but online programs feature flexible attendance and pacing, allowing professionals to earn their degrees without giving up their day jobs. Learners living within a commutable distance might enjoy a hybrid program, which offers the convenience of online learning and the benefits of in-person connections during evenings, weekends, or week-long residencies.

How Long Does It Take to Get a Doctorate in Business Administration?

DBA programs require about 60 credits, which usually take 3-4 years of full-time study to complete. However, timelines vary significantly based on program requirements. DBA programs requiring a thesis can take significantly longer, depending on students' abilities and schedule and program structure and guidance. Many programs require full-time students to complete the entire degree in 4-5 years, though schools usually grant extended timelines to part-time students.

Students can earn their degrees more quickly by enrolling in accelerated programs and/or taking more credits per semester. Students attending schools that charge flat, per-semester (rather than per-credit) tuition rates can save money and time by taking extra credits each semester. Because graduate study typically proves quite challenging, taking more than the usual full-time course load of nine credits per semester may overwhelm students.

Rankings Methodology

This ranking is designed to find the best Doctorate in Business Management degrees available. A list of over 180 schools was obtained, and doctorate and PhD programs were analyzed first on their business and management focus, and then by the following factors:

Accreditation (20%): Institutional and business accreditations give proof of the high standards an organization has achieved in their delivered and research education. These accreditations verify the value of the curriculum and even affect a degree's brand recognition. Each program in this ranking is accredited by one of the six regional accrediting organizations recognized by the US Department of Education.

Additionally, each doctorate program was assessed on whether it holds a third-party business accreditation from one of the top business school accrediting institutions: IACBE, ACBSP, and AACSB. This accreditation ensures that the top business and management curriculum standards are upheld. AACSB is widely regarded across the world as the gold-star standard of business accreditation, thus the schools that hold this accreditation are given the highest scores. Twenty percent of the final ranking score is calculated from this figure.

Affordability (20%): Tuition costs directly affect accessibility and return on investment. Each doctorate program was evaluated on the estimated total base tuition for the entirety of the program, with the exception of programs that only offer all-inclusive rates. Data was gathered from the most recent financial information given on each program or school's website. It is interesting to note that over half of the doctorate programs in this ranking offer programs that cover the tuition cost for admitted students. Twenty percent of the final ranking score is calculated from this figure.

Based on the base tuition data of doctorate programs, each program was then given an Affordability Score:

Expensive = $1000,000+
Above Average = $70,000-$99,999
Average = $55,000-$69,999
Below Average = $40,000-$54,999
Affordable = Below $39,999

National College Prestige (20%): This data was collected from one of the most prestigious sources in educational rankings, US News and World Report. Each program was ranked on their score within the US News and World Report's National University Ranking. Twenty percent of the final ranking score is calculated from this figure.

Regional College Prestige (20%): This information was collected from one of the most prestigious sources in educational rankings, the Princeton Review. Each program was ranked on if they were included in one of the Princeton Review's 2018 Best Regional Colleges Rankings. Twenty percent of the final ranking score is calculated from this figure.

Business School Prestige (20%): This data was collected from one of the most prestigious sources in educational rankings, US News and World Report. Each program was ranked based on their score within the US News and World Report's Best Business School Ranking. Twenty percent of the final ranking score is calculated from this figure.

All of the data for each school was collected, weighted equally, averaged, and the aggregate score was calculated on a 100-point scale. This score is the TMD Ranking Score, which provides the ranking order for this list. By evaluating the accreditation, affordability, and prestige, this ranking helps prospective students find the highest quality Doctorate in Business Management Programs.

Professional Organizations in Business Administration

Aspiring and current business administrators can learn from and connect with established professionals in their field through business administration professional organizations. The following professional organizations provide continuing education, conferences, leadership opportunities, and many useful online resources. Some of these organizations, such as the American Association of Healthcare Administrative Management, offer free or discounted membership to full-time students.

American Management Association

Founded in 1913 as the National Association of Corporation Training, this international nonprofit provides training, events, and products for management professionals.

Association of Change Management Professionals

The ACMP connects management professionals around the globe, offering professional development programs and publishing professional standards for change management.

American Association of Healthcare Administrative Management

Focused on revenue management and other topics related to healthcare administration, the AAHAM provides certification, training, conferences, webinars, and other professional development resources.

Association of Strategic Alliance Professionals

An association for organizations and individual leaders interested in business partnerships, ASAP builds knowledge and skills through certification programs, workshops, webinars, and conferences.

Reaching Out

A nonprofit organization dedicated to connecting and supporting the LGBTQ business community, Reaching Out runs an annual conference and regional chapters. Students can join this organization's free web portal.