How is a Ph.D. degree different from an MBA degree and an MS?
The difference between the masters degree (MBA or MS) and the doctoral degree (Ph.D.) is Focus. Both the MBA and the MS are pre-professional degrees that prepare individuals to perform managerial functions in businesses and organizations. If your ultimate goal is to work as a senior manager or entrepreneur, a masters degree will provide you with the knowledge and skills necessary for that function. The Ph.D. degree, on the other hand, prepares you to do research and investigation in either academic or non- academic research centers. A Ph.D. is not a “super MBA.” In fact, upon completion of a doctoral degree, the individual gains such a narrow specialization on a particular field (versus a broad proficiency in the practice, for example) that his/her ability to perform as a manager need not necessarily be enhanced over that of a person who completed a masters degree.