The Value of a Doctoral Degree

Walsh faculty answer frequently asked questions about the value of a doctoral degree and Walsh’s Doctor of Management (DM) program.

What’s the value of effective management?

Sustainable, effective management is an underpinning for nearly all business growth and success. Poor management is the number one reason people leave jobs and is also a principal contributor to business failure. Walsh’s Doctor of Management graduates understand how to implement management practices that reduce employee turnover, improve profitability, and guide executive decision making, all while helping businesses thrive in competitive global markets.

What’s the value of a Doctor of Management degree?

Management isn’t tangible. It’s not something you can touch, like products from an assembly line. But that doesn't make effective management any less important, because poor management practices can quickly destroy an organization. Businesses need help identifying and retaining top talent, leveraging teams for maximum success, and interpreting data to make informed executive decisions. With a focus on practical, real-world problem solving, Walsh’s DM degree prepares students to become valuable leaders and executive-level decision makers who understand how to get the best from their teams.

What do employers think of candidates with Doctor of Management degrees?

When an employer considers a candidate with a professional DM degree, they can have increased confidence in that candidate’s ability to tackle complex, dynamic business challenges. Employers understand that anyone who successfully completes a doctoral program has both the training and the work ethic to successfully guide a business as it grows and changes. Data from the 2018 U.S. Census indicates only 4.5% of the U.S. population holds a doctoral degree, and individuals with a professional DM degree represent a small fraction of that overall number. Employers take notice of candidates with doctoral degrees because they represent the pinnacle of educational achievement. This is especially true with the DM credential, as it is comparably rare and inarguably valuable.

What skills do Doctor of Management programs offer?

DM programs give future business leaders the tools they need to generate practical, data-driven solutions to complex global business challenges. DM graduates have a deep understanding of executive decision-making along with effective and sustainable management practices. Because the Walsh DM program emphasizes practical education, graduates bring a wealth of real-world tools to bear on business challenges and opportunities. Over the course of the program, students learn how to define problems by asking the right questions, then using data to come up with well thought out solutions. This advanced level of critical thinking makes Walsh DM graduates valuable members of any team tasked with managing employees and making high-level decisions.

If I start a Doctor of Management program, how do I know if I’ll finish?

That’s a common fear among potential DM students. Professional doctoral management programs are rigorous and challenging, and students are usually balancing their studies with full-time jobs and busy lives. Walsh’s program is designed for working professionals and offers both full-time and part-time pathways to completion.

Students can expect to have partners in their faculty and their peers in the program, and the faculty is committed to providing every student the guidance needed to complete their degree.

How do Doctor of Management programs help graduates navigate the changing business landscape?

The business world has changed tremendously. The world now moves at a much faster pace and the business problems we confront are more complex. In the past, both blue and white-collar jobs were often well-defined and process oriented. Employees sat in rows of desks and functioned almost as if they were part of an assembly line. In today’s business climate, employees must perform higher order tasks without the safety net of rigidly defined roles. As the business world’s priorities are constantly shifting, so must an employee function with flexibility and a higher degree of discernment than ever. Walsh’s DM program is designed to help students become critical thinkers and valuable team members who address complex business challenges with confidence. 

What are the benefits of a Walsh Doctor of Management degree?

Walsh has provided a strong business education for almost 100 years and has furthered the tradition of providing students with a business education that’s rich in practice, research, and relative theory. We take a personal approach to student support, providing a dedicated advisor that works with students from inquiry to graduation. Class sizes are small and designed to foster practical and collaborative learning.

Walsh faculty are respected professionals in their field, adept at teaching both theory and practice. The program is designed to give students a well-developed set of tools they can use to solve real-world management problems. The flexibility of online synchronous and asynchronous classes, full and part-time class schedules, and a personalized blend of on-campus and remote learning helps DM students balance coursework with their professional and personal lives.

How do Walsh alumni and faculty feel about the DM program?

Walsh alumni and faculty are proud of the DM program because they know it graduates future leaders of great value to their organizations. Armed with a solid practical and theoretical understanding of management, Walsh DM faculty and alumni strive to change the world by creating effective leaders.

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