A DBA is Doctor of Business Administration, but what makes it different from a PhD? This video gives you a quick overview. It's produced by Laureate Education and is aimed at promoting DBAs, consequently it does gloss over the advantages of a PhD. The point to remember is that for a career in academia, a PhD is probably a better option, whereas if you want to continue your work in industry then the DBA is the way forward.
The diference between a DBA and a PhD by Laureate Education
The DBA is a Professional Doctorate with the same status and challenge as a PhD. In contrast to a PhD, which requires students to make a significant contribution to knowledge and/or theory, a DBA requires the student to apply and develop existing theories/knowledge to make a significant contribution to professional practice in his or her area of business.
Most DBAs are studied part time and are split into two stages: