Doctor of Business Administration (DBA)
in Financial Management
NO GROUP WORK
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
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.
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.
In this course, you’ll be introduced to the applied business doctoral academic journey. You’ll explore what it means to become an academic learner while you compare and contrast applied and research degrees to determine which is applicable in different environments. You’ll also discuss the use of conceptual research frameworks and be introduced to scholarly writing and reference management. The course concludes with your development of an applied business research question and a brief research plan.
Students will analyze and apply knowledge in twelve different varieties of business-related situations. The focus is on 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 competency in each. The course includes a comprehensive case study that allows you to demonstrate your capabilities in all twelve components.
* Required course for Evaluation Track students.
In this course you’ll explore the ideas and methods for encouraging innovation as part of successful strategic planning. You’ll 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. Ethics are required by local, state, and federal legislation, and now more than ever, organizational stakeholders are being held accountable for actions that lead to societal harm. This course takes academic integrity from the classroom to the boardroom. Through a case-study format, you’ll explore current laws, their applications to business, and how to maintain an ethical perspective within the context of a global framework.
This course engages you in the process of scholarly literature reviews and academic writing. You’ll focus on (a) conducting effective literature searches, specifically in preparation for the dissertation, (b) developing a plan for writing critical, comprehensive, research literature reviews, and (c) critically reviewing and writing about theory/conceptual frameworks as a foundation for your own future research. The goal is for you to conduct an exhaustive search of peer-reviewed research literature on your chosen topic and identify potential areas of inquiry for your dissertation.
This course focuses on the statistical mindset and skills needed to perform and interpret univariate inferential statistics. The course builds your statistical confidence and abilities in assessing and performing statistics. You’ll explore univariate parametric and non-parametric statistical tests, interpretation of statistical output, and how to select statistical tests based on quantitative research questions.
This course teaches you how to design quantitative studies, analyze the data collected, and interpret the results of data analyses. The goal is to explore designs and statistical techniques to use with your envisioned dissertation research.
An examination of qualitative methods for studying human behavior, including grounded theory, narrative analysis, ethnography, mixed methods, and case studies. The objective is to explore designs and methodologies to use with your envisioned research.
The Pre-Candidacy Prospectus is intended to ensure you’ve mastered your discipline prior to candidacy status, and that you’ve demonstrated the ability to design empirical research before moving on to your dissertation coursework. You’ll demonstrate your ability to synthesize empirical, peer-reviewed research to support all course assignments. 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 the following: 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 chapter 1 is required to pass the course. If you don’t receive approval to minimum standards, you’ll be able to take up to three supplementary 8-week courses to finalize and gain approval of chapter 1.
In this course, you’ll work on completing chapters 1-3 of your dissertation proposal and receiving committee approval for the dissertation proposal (DP). Chapter 2 consists of the literature review, while chapter 3 covers the research methodology and design, including population, sample, measurement instruments, data collection and analysis, limitations, and ethical considerations. Completed, committee-approved chapters 2 and 3 are required to pass the course, as is a final approved dissertation proposal. If you don’t receive approval to minimum standards, you’ll be able to take up to three supplementary 8-week courses to finalize and gain approval of these requirements.
In this course, you’ll prepare, submit, and obtain approval of your Institutional Review Board (IRB) application. You’ll also collect data and submit a final study closure form to the IRB. If you’re still collecting data at the end of the 12-week course, you’ll be able to take up to three supplementary 8-week courses to complete data collection and file your IRB study closure form.
In this dissertation course, you’ll work on completing chapters 4, 5, and your final dissertation manuscript. Specifically, you’ll complete your data analysis, prepare your study results, and present your findings with an oral defense and a completed manuscript. A completed, committee-approved dissertation manuscript and successful oral defense are required to complete the course and graduate. If you don’t receive approval for either or both, you can take up to three supplementary 8-week courses to finalize and gain approval.
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.
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
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