25 Best PhDs in Management 2020

| Staff

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Without successful management, organizations dissolve into chaos. The following 25 Best PhDs in Management allow individuals to examine issues of structure and harmony in systems.

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Strong management is key to the success of structures, organizations, even entire industries. Doctoral degrees in Management give individuals an opportunity to explore significant questions and conduct original research relating to the management field. The study of management draws from disciplines such as economics, psychology, and sociology. These disciplines enrich the process of researching key aspects of management, including organizational behavior, organizational theory, and strategy.

Management research is conducted on the micro and macro levels, examining both the internal processes of organizations and the external relationships between organizations and their environments. As with all doctoral programs, the following Management programs are research-intensive and largely based around asking and examining original research questions leading to a doctoral dissertation.

The following programs prepare graduates for academic and research positions, typically in university settings. Graduates may go on to work as professors, researchers, consultants, or analysts. In other words, these doctoral degree programs allow individuals to work on the kind of research they will likely go on to conduct throughout their careers.

According to the U.S. Bureau of Labor Statistics, management analysts made a median salary of $83,610 in 2018. An advanced degree is likely to enhance career prospects, thereby increasing potential earnings. The field of management analysis is experiencing a 16 percent growth rate, which is faster than the average rate across all industries. This is likely to an increasing number of organizations and the expansion of industries with new technological developments. Organizations are expected to continue to seek ways to improve social and economic efficiency and harmony.

Top 10 Best PhDs in Management

Rank School Location
1 Carnegie Mellon University Pittsburgh, PA
2 Columbia University New York, NY
3 Cornell University Ithaca, NY
4 Duke University Durham, NC
5 George Washington University Washington, DC
6 Georgia Institute of Technology Atlanta, GA
7 Harvard University Cambridge, MA
8 Massachusetts Institute of Technology Cambridge, MA
9 New York University New York, NY
10 Northwestern University Evanston, IL

Methodology

The staff of Grad School Hub has compiled the following 25 Best PhDs in Management 2020 for the 2019-20 academic school year based on public data released from educational, commercial, and government databases. Data contributed from sources such as the National Center for Education Statistics, and the U.S. Department of Labor plays a significant role in how graduate degree programs are ranked because institutional transparency is essential for deciding which career path is right for you. Based on this data, GSH organizes information into five weighted categories, which are:

  • Alumni Feedback: 20%
  • Continued Enrollment: 20%
  • Degree Selectivity: 10%
  • Graduate Expenses: 25%
  • Projected Annual Salary: 25%

A more comprehensive evaluation of how each category is determined and scored is accessible through our Ranking Methodology page.

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Here are the 25 Best PhDs in Management 2020 for 2019 – 2020!

  • Carnegie Mellon University
    Location

    Pittsburgh, PA

    Tuition

    $$$$$

    Carnegie Mellon University offers a Ph.D. in Operations Management through its Tepper School of Business. The Tepper School encourages cross-campus collaboration, allowing students to take classes from and participate in interdisciplinary research with the university's engineering, public policy, and statistics departments. The Operations Management program curriculum covers a wide range of topics under the management umbrella, including but not limited to logistics, new product development, and supply chain management. Students have opportunities to participate in faculty research in areas such as artificial intelligence, economics, and statistics. The program has project partnerships with companies including Amazon, Caterpillar, and IBM. CMU was founded in 1900 by Andrew Carnegie as the Carnegie Technical Schools. It merged with the Mellon Institute of Industrial Research in 1967 to form Carnegie Mellon University. Today, CMU is a private research university with a main campus three miles from downtown Pittsburgh, Pennsylvania. It operates additional learning locations in Silicon Valley and Qatar. A member of the Association of American Universities, CMU leads in fields such as behavioral economics, decision science, and information systems. Its research institutes include the Robotics Institute and the Pittsburgh Supercomputing Center. CMU alumni have gone on to found companies including Adobe, DuoLingo, and Xerox. U.S. News & World Report ranks the University at No. 34 in Best Value Schools, No. 25 in National Universities, and No. 7 in Most Innovative Schools. The Tepper School of Business ranks at No. 17 in Best Business Schools and No. 2 in Operations at the graduate level.

  • Columbia University
    Location

    New York, NY

    Tuition

    $$$$$

    Columbia University offers a Ph.D. in Management through its Business School. The degree program studies organizations and their members through the perspective of social science and research methods. It has three subfields: organizational behavior, organizational theory, and strategy. Students begin the curriculum with courses that provide an overview of the management field. They then move onto advanced doctoral seminars. Courses are offered in areas such as industrial organization economics and sociology. Advanced courses explore special topics such as decision making, game theory, and network analysis. Graduates of the program are prepared for research-based or academic careers. Established in 1754, Columbia is one of the United States' nine "colonial colleges" that were founded prior to the signing of the Declaration of Independence. It is the fifth oldest institution of higher learning in the nation and the oldest in the state of New York. A private Ivy League research university, Columbia is often counted among the top ten universities in the world. Its research developments and discoveries include the laser, the origin of modern genetics, and the first evidence for plate tectonics and continental drift. Numerous major American politicians have graduated from the university, including five founding fathers, both Presidents Roosevelt, and Barack Obama. U.S. News & World Report ranks Columbia at No. 6 in Best Value Schools and No. 3 in National Universities. The Columbia Business School ranks sixth overall in graduate Business studies and 10th for graduate Management studies.

  • Cornell University
    Location

    Ithaca, NY

    Tuition

    $$$$$

    Cornell University offers a Ph.D. in Management through its SC Johnson College of Business. The program is designed to prepare graduates for scholarly careers at research-intensive institutions. Students must choose between six concentration areas: accounting; finance; marketing; management and organizations; operations, technology, and information management; and strategy and business economics. The program consists of approximately 60 students, which allows students to work closely with faculty. Students can expect to move through all aspects of the research process, from brainstorming and inquiry to publication and impact. Students also have opportunities to work directly with faculty members on research projects. The interdisciplinary program encourages students to attend workshops and seminars across various Cornell departments. Cornell was founded in 1865 by senators Ezra Cornell and Andrew Dickson White. Located on Cornell's farm in Ithaca, it was established as the land-grant institution of New York. Today, Cornell is a private Ivy League research university. In addition to its main Ithaca campus, it occupies campuses in New York City and Qatar. The university has conducted significant research in areas including space exploration, crash testing, computing, and Southeast Asia. U.S. News & World Report ranks Cornell at No. 21 in both Best Value Schools and Most Innovative Schools and No. 16 in National Universities. The university's Johnson School of Business ranks at No. 15 in graduate Business studies.

  • Duke University
    Location

    Durham, NC

    Tuition

    $$$$$

    Duke University offers a Ph.D. in Management and Organizations through its Fuqua School of Business. The degree program studies organization through research in decision-making, psychology, sociology, and teams. The curriculum covers organizational behavior and organizational theory as well as statistics and research methods. Key coursework includes a first-year paper, preliminary and qualifying exams, annual research presentations, continuous teaching assistantship, and the doctoral dissertation work. Faculty and students engage in research in a variety of major-related topics, including diversity, group dynamics, justice, leadership, and stereotyping. Duke is a private research university occupies three sub-campuses in Durham, North Carolina. It anchors the region's Research Triangle, along with North Carolina State University and the University of North Carolina at Chapel Hill. Duke research has led to breakthroughs in fields including biomedical engineering, medicine, and physics. Duke alumni have gone on to work as CEOs for companies including Apple, Cisco, PepsiCo, and Volkswagen. U.S. News & World Report ranks the University at No. 16 in Most Innovative Schools, No. 13 in Best Value Schools, and No. 8 in National Universities. The Fuqua School of Business ranks at No. 10 in Best Business Schools and No. 9 in Management at the graduate level.

  • George Washington University
    Location

    Washington, DC

    Tuition

    $$$$$

    George Washington University offers a Ph.D. in Business with a Management and Strategy area of focus. Students can focus on either Management or Strategy. The program curriculum consists of 14 courses. Required courses for all students include Foundations of Management, Foundations of Strategy, and Research Methods. Relevant electives include Cultural Norms in Global Business, Discourse Analysis, and Psychological Research Methods & Procedures. Significant coursework includes a second-year research paper and comprehensive exam and a culminating dissertation proposal and defense. The expected completion time for the degree is five years. GWU was chartered in 1821 by a United States Act of Congress. The university's founding was due in part to the wishes of President George Washington to establish a university in the nation's capital. The university occupies a main campus in the heart of Washington, D.C., within blocks of the White House. The university's research facilities include the Institute for Economic Policy and the National Security Archive. U.S. News & World Report ranks the University at No. 68 in Best Value Schools, No. 63 in National Universities, and No. 37 in Most Innovative Schools. The university's graduate business programs rank at No. 61 in the nation.

  • Georgia Institute of Technology
    Location

    Atlanta, GA

    Tuition

    $$$$$

    Georgia Institute of Technology offers a Ph.D. in Management through its Scheller College of Business. The degree program is designed to be completed on campus on a full-time basis. The program incorporates the university's emphasis on technology in its study of the management field. It also places emphasis on learning outside of the classroom as well as close interaction with faculty. Course offerings include Finance & Investments, Information Technology, and Legal Aspects of Business. Students can expect to spend portions of the program on internships, various independent studies, research assistantships, and professional development workshops. Key coursework includes a comprehensive exam, the dissertation proposal and completion, and a final oral exam. Georgia Tech was founded in 1885 in support of the mission to build a post-Civil War industrial economy in the South. Originally offering only a degree in mechanical engineering, it has since expanded into a broader technical institute and public research university. It is also a space-grant institution. Located near downtown Atlanta, the campus is situated among the headquarters of companies including AT&T, Bank of America, and The Coca-Cola Company. The university encourages entrepreneurship through research conducted at its Advanced Technology Development Center and VentureLab, which has enabled the creation of numerous startup companies. U.S. News & World Report ranks Georgia Tech at No. 35 in National Universities, No. 8 in Top Public Schools, and No. 4 in Most Innovative Schools. The Scheller College of Business ranks at No. 29 for its graduate programs.

  • Harvard University
    Location

    Cambridge, MA

    Tuition

    $$$$$

    Harvard University offers a Ph.D. in Health Policy with a concentration in Management. The degree program focuses on research on operations and strategy in a wide variety of health care organizations. Courses are required in areas including microeconomic theory, research methods, and MBA classes in either healthcare or general management. Students can expect to spend two years on graduate-level coursework. Starting in their third year of the program, students will present research progress in weekly seminars. Major research topics include information technology, organizational structure, and team management. The doctoral dissertation requires a prospectus and oral exam and a dissertation defense. The dissertation itself may be presented in the form of three publishable papers or one major monograph. Founded in 1636, Harvard is the oldest institution of higher learning in the United States. The university's long history, abundant wealth, and global academic impact have made it one of the most prestigious universities in the world. It has the largest financial endowment of any academic institution, and the Harvard Library is the largest private library system in the world. The private Ivy League research university was a founding member of the Association of American Universities. Its main campus is located in Cambridge, Massachusetts, about three miles from downtown Boston. U.S. News & World Report ranks Harvard at No. 14 in Most Innovative Schools and No. 2 in both Best Value Schools and National Universities. The university also ranks third in the nation for business and first for management programs at the graduate level.

  • Massachusetts Institute of Technology
    Location

    Cambridge, MA

    Tuition

    $$$$$

    The Massachusetts Institute of Technology offers a Ph.D. in Technological Innovation, Entrepreneurship, & Strategic Management. The degree program explores new technology-based enterprises as well as technological innovations in existing companies. In their second or third year of the program, students can expect to complete a major research paper that serves as a master's thesis and earns them a Master of Science in Management Research. Student progress is primarily measured by general exams. The program then culminates in a field-informed, data-driven doctoral dissertation. Dissertations can take the form of book-style chapters or collected essays and must be defended in a public seminar. The MIT Sloan School of Management created the MIT Entrepreneurship Center, which offers multidisciplinary study and a broad scope of student activities. MIT was founded in 1861 in response to the nation's increasing industrialization. As a polytechnic university, it embraced scientific laboratory instruction. Today, it is a private research university that continues to emphasize engineering, science, and technology. A land-, sea-, and space-grant institution, MIT is a member of the prestigious Association of American Universities. In addition to its significant research innovations, the university has a strong entrepreneurial culture, with many alumni going on to working for successful companies such as Bose, Campbell Soup, and Texas Instruments. The MIT campus sprawls along the Charles River basin in Cambridge, Massachusetts. It includes one of the nation's most powerful university nuclear reactors, as well as a Frank Gehry-designed, Bill Gates-funded computer laboratory. U.S. News & World Report ranks MIT third in National Universities, Best Value Schools, and Most Innovative Schools. The university's postgraduate business programs also rank third in the nation.

  • New York University
    Location

    New York, NY

    Tuition

    $$$$$

    New York University offers a Ph.D. in Management through its Wagner Graduate School of Public Service. The interdisciplinary degree program is built on an understanding of management through organizational behavior and organizational theory. It incorporates the subfields of health management, nonprofit management, and public administration. Students can choose from three concentration areas: appropriate methods of inquiry; significant themes, issues and problems faced by organizations; and theoretical approaches. The department offers students numerous research and teaching opportunities. Students are also expected to regularly participate in the NYU Wagner Research Colloquium. Graduates of the program are prepared to work in managerial research roles in settings such as universities, research firms, or think tanks. NYU is a private research university. Its historic main campus is located in Greenwich Village, New York City. A global university, NYU operates learning locations in cities worldwide, including but not limited to Berlin, Buenos Aires, Sydney, and Tel Aviv. The university's collegiate research budget is among the largest in the United States. U.S. News & World Report ranks NYU at No. 56 in Best Value Schools, No. 37 in Most Innovative Schools, and No. 30 in National Universities. The university is ranked No. 12 in graduate Business studies.

  • Northwestern University
    Location

    Evanston, IL

    Tuition

    $$$$$

    Northwestern University offers a Ph.D. in Management and Organizations through its Kellogg School of Management. The degree program focuses on building a theoretical understanding of organizations and the groups and individuals that constitute them. Key coursework includes preliminary and qualifying exams, research papers and presentations, teaching and research assistantships, and the dissertation work. Students actively engage in research efforts throughout the program in areas such as decision making, group behavior, and social responsibility. Northwestern is a private nonsectarian research university in Evanston, Illinois. It operates additional campuses in Chicago and Qatar and learning locations in Miami, San Francisco, and Washington, D.C. As a research university with very high research activity, Northwestern is a member of the Association of American Universities. The university's research facilities include the Argonne/Northwestern Solar Energy Research Center and the Center for Interdisciplinary Exploration and Research in Astrophysics. Graduates of the Kellogg School of Management have gone onto start companies including Crate & Barrel, Kayak.com, and OpenTable. U.S. News & World Report ranks Northwestern at No. 15 in Best Value Schools and No. 10 in National Universities. The university also ranks third nationally in graduate Management programs.

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