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Doctor of Business Administration (DBA)

in Financial Management

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NO RESIDENCY

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NO GROUP WORK

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100% ONLINE LEARNING

Doctor of Business Administration (DBA) in Financial Management

Successful financial management is essential to the growth and stability of any organization. These skills allow you to analyze the financial health of institutions, businesses, and nonprofits, helping them improve performance, increase profitability, and achieve their goals. For this reason, jobs in financial management are expected to grow faster than average with higher than average salaries over the next decade.

This doctoral specialization concentrates on research and development analyses used to manage and allocate financial resources and develop effective strategic planning for projection and ROI issues. You’ll analyze financial and non-financial organizations—from private to public to corporate. In addition to core business studies and dissertation research instruction, the coursework focuses on international financial issues, investment analysis, managing financial institutions, and accounting for profit and nonprofit

Admission Requirements 

A conferred master’s degree from a regionally or nationally accredited academic institution. In addition to this general requirement, applicants have two options for entering the doctoral program in the School of Business:

1. Direct Entry – You may immediately begin the doctoral program through the DBA or PhD track with a previously completed master’s degree in one of the following:

  • A generalized business area, such as business management or business administration
  • A specialized business area (Master of Finance, Master of Human Resources Management, etc.) AND an undergraduate degree in business
  • A master’s in any field AND an undergraduate degree in business

2. Evaluation Track – If you don’t meet the direct entry requirements, you’re required to take SKS-7001 – Doctoral Comprehensive Strategic Knowledge Studies as part of your degree program.

Courses

For the Doctor of Business Administration in Financial Management specialization, you must complete a minimum of 48 credit hours (16 courses), including four specialization courses. The estimated time needed to complete this certificate is 64 months.

Course Listing

In this course you will be introduced to the applied business doctoral academic journey. You will explore what it means to become an academic learner. You will compare and contrast the applied degree to a research degree to show which is applicable in differing environments. You will discuss the use of conceptual frameworks and theories in research and be introduced to scholarly writing and reference management. Your course will conclude with you developing a researchable applied business research question and a brief research plan.

Students will analyze and apply knowledge in 12 business areas necessary to address a wide variety of business-related situations. The focus of the course is demonstrating core proficiencies in the following business areas: Marketing, Business Finance, Accounting, Management, Legal Environment of Business, Economics, Business Ethics, Global Dimensions of Business, Information Systems, Quantitative Techniques and Statistics, Leadership, and Business Applications. The intent is not to introduce these core business concepts, but rather to verify a graduate-level threshold competency within each. The course includes a comprehensive case study that will allow students to demonstrate their competency within all 12 professional component areas.

In this course you will explore the ideas and methods for encouraging innovation as part of successful organizational strategic planning. You will use organizational assessment tools to evaluate a company’s human resource practices and assess how strategic planning includes elements of technology and sustainability to ensure competitive advantage in global markets.

Organizations can no longer ignore ethics and social responsibility, including the green movement. Ethics are required by local, state, and federal legislation, and today, more than ever, stakeholders at organizations are being held accountable for their actions and societal harm. Therefore, academic integrity must be carried out from the classroom to the place of business. In a case study format, students in this course will learn about current laws, their applications to business, and how to maintain an ethical perspective within the context of a global framework.

In this course, you will engage in the process of scholarly literature reviews and academic writing. With an emphasis on how to (a) conduct effective literature searches, specifically in preparation for the dissertation, (b) develop a plan for writing comprehensive, critical, and synthesized reviews of research literature, and (c) critically review and write about underlying theory/conceptual frameworks, you will develop a foundation for future research. The overarching goal of this course is for you to conduct an exhaustive search of the peer-reviewed research literature in your topic area and identify potential areas of inquiry for your dissertation.

In this course, you will cultivate a statistical mindset through learning and nurturing skills needed to perform and interpret univariate inferential statistics. The course will facilitate building your statistical confidence in assessing and performing statistics. The course will cover univariate parametric and non-parametric statistical tests, interpretation of statistical output, and introduce skills needed to select statistical tests based on quantitative research questions.

During this course, as a scholar-practitioner, you will build the skills essential for designing quantitative studies; analyzing the data collected in these studies, and interpreting the results of data analyses. You will explore designs and statistical techniques to use with their envisioned dissertation research.

During this course, you will examine qualitative methods for studying human behavior including grounded theory, narrative analysis, ethnography, mixed methods, and case studies. You will explore designs and methodologies to use with your envisioned research.

The Pre-Candidacy Prospectus is intended to ensure students have mastered knowledge of their discipline prior to candidacy status and demonstrated the ability to design empirical research as an investigator before moving on to the dissertation research coursework. Students will demonstrate the ability to synthesize empirical, peer-reviewed research to support all assignments in this course. The Pre-Candidacy Prospectus is completed only after all foundation, specialization, and research courses have been completed.

Students in this course will be required to complete Chapter 1 of their dissertation proposal including a review of literature with substantiating evidence of the problem, the research purpose and questions, the intended methodological design and approach,  and the significance of the study. A completed, committee approved (against the minimum rubric standards) Chapter 1 is required to pass this course successfully. Students who do not receive approval of Chapter 1 to minimum standards will be able to take up to three supplementary 8-week courses to finalize and gain approval of Chapter 1.

Students in this course will be required to work on completing Chapters 1-3 of their dissertation proposal and receive committee approval for the Dissertation Proposal (DP) in order to pass the class. Chapter 2 consists of the literature review. Chapter 3 covers the research methodology method and design and to includes population, sample, measurement instruments, data collection and analysis, limitations, and ethical considerations. In this course, a completed, committee-approved Chapters 2 and 3 are required and, by the end of the course, a final approved dissertation proposal (against the minimum rubric standards). Students who do not receive approval of the dissertation proposal will be able to take up to three supplementary 8-week courses to finalize and gain approval of these requirements.

Students in this course will be required to prepare, submit, and obtain approval of their IRB application, collect data, and submit a final study closure form to the IRB. Students still in data collection at the end of the 12-week course will be able to take up to three supplementary 8-week courses to complete data collection and file an IRB study closure form.

In this dissertation course students work on completing Chapters 4 and 5 and the final Dissertation Manuscript. Specifically, students will complete their data analysis, prepare their study results, and present their findings in an Oral Defense and a completed manuscript. A completed, Committee approved (against the minimum rubric standards) Dissertation Manuscript and successful Oral Defense are required to complete the course and graduate. Students who do not receive approval for either or both their Dissertation Manuscript or defense can take up to three supplementary 8-week courses to finalize and gain approval of either or both items as needed.

Specialization Courses

Select 4 courses from the following:

Specialization Course Listings

It’s been said that to understand a business, one must understand the financial numbers. This course, building upon a basic understanding of accounting, serves as the springboard for understanding the financial health of a corporation, its operating environment, and the structure of interest rates and yield curves that can affect it. Central to this understanding is the concept of cash flow, where it comes from, and what influences it. Preparing financial statements, something learned in accounting, is not the same as understanding what they can reveal. This course provides the initial building blocks for understanding the financial strengths and weaknesses of a corporation.

Central to the understanding of investment portfolio management is the concept of risks and return, futures, swaps, valuation, and performance. Advanced investment components will be examined with an emphasis on financial markets, option valuations, international diversification, and pricing models. This course prepares you with the financial knowledge to make sound investment decisions. Shareholders, stakeholders, financial managers, and investors will all improve their ability to identify key sources of funding to grow their businesses and improve their investment returns.

This course examines the most advanced components of financial institutions with an emphasis on those related to academic research. You’ll review and assess relevant academic papers to prepare for writing in-depth papers on the primary topics within financial institutions. Your studies begin with an analysis of financial systems, statements, and institutions, then you’ll proceed with a careful examination of interest rate risk, credit risk, and derivative securities. Finally, you’ll conclude with an academic paper examination and the development of a presentation on financial institutions.

An examination of the most important components of financial statement analysis with an emphasis on those related to academic research. You’ll review and assess relevant academic papers to prepare for writing in-depth papers on the central topics of financial statement analysis. The course begins with an analysis of the balance sheet, income statement, and financial ratios, then it concludes with financial decomposition analysis and the impacts of financial leverage.

This course provides you with a complete review of the accounting principles and practices used in nonprofit organizations with a heavy focus on government accounting practices. The coursework on accounting principles and practices can be applied to hospitals, colleges and universities, health and welfare agencies, and other similar organizations. You’ll employ case studies, problem solving, and written research narratives to examine topics such as appropriations, budgetary accounting, financial conditions, auditing, fund accounting, and ethics.

Program Outcomes

Students earning the Doctor of Business Administration in Financial Management specialization will learn to:

  • Develop business methods and concepts based on practical application of current theories
  • Defend theories, applications, and perspectives related to business to diverse audiences
  • Construct socially responsible and ethical business strategies
  • Evaluate the relationship between the global environment and business decisions
  • Formulate solutions to practical business problems based on original research
Program Disclosure

Successful completion and attainment of National University degrees do not lead to automatic or immediate licensure, employment, or certification in any state/country. The University cannot guarantee that any professional organization or business will accept a graduate’s application to sit for any certification, licensure, or related exam for the purpose of professional certification.

Program availability varies by state. Many disciplines, professions, and jobs require disclosure of an individual’s criminal history, and a variety of states require background checks to apply to, or be eligible for, certain certificates, registrations, and licenses. Existence of a criminal history may also subject an individual to denial of an initial application for a certificate, registration, or license and/or result in the revocation or suspension of an existing certificate, registration, or license. Requirements can vary by state, occupation, and/or licensing authority.

NU graduates will be subject to additional requirements on a program, certification/licensure, employment, and state-by-state basis that can include one or more of the following items: internships, practicum experience, additional coursework, exams, tests, drug testing, earning an additional degree, and/or other training/education requirements.

All prospective students are advised to review employment, certification, and/or licensure requirements in their state, and to contact the certification/licensing body of the state and/or country where they intend to obtain certification/licensure to verify that these courses/programs qualify in that state/country, prior to enrolling. Prospective students are also advised to regularly review the state’s/country’s policies and procedures relating to certification/licensure, as those policies are subject to change.

National University degrees do not guarantee employment or salary of any kind. Prospective students are strongly encouraged to review desired job positions to review degrees, education, and/or training required to apply for desired positions. Prospective students should monitor these positions as requirements, salary, and other relevant factors can change over time.