A Doctor of Business Administration (DBA) is a terminal degree designed for experienced professionals aiming to enhance their expertise in business leadership and applied research. Unlike a PhD, which is more theoretical, a DBA focuses on practical problem-solving and real-world application of business theories. Typically pursued part-time over 3 to 6 years, DBA programs require candidates to have substantial managerial experience and a master's degree. Graduates often advance into senior executive roles, consultancy, or academia, contributing to both industry practices and scholarly research. The DBA is recognized globally as equivalent in academic standing to a PhD in business administration.