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POPSPhD in Business There are two different types of doctorate programs in business. Determining which one is best for you will depend on what your ultimate career goal is. If you are wanting to continue in the business world and be a top ranking executive, then you may want to earn your Doctor of Business Administration (DBA). However, if you want to teach at the collegiate level or perform different types of research, then a traditional PhD program is the better fit for you.