It usually takes about five years to earn a doctorate degree in business administration. Following are the top universities offering a PhD degree in Business Administration:

University of Illinois at Chicago (UIC)
- The UIC College of Business Administration established the PhD in Business Administration to provide high quality disciplinary and interdisciplinary education for careers in industry and at public and private universities.
- The program offers areas of inquiry in business economics, human resource management, marketing, finance and business statistics.
- UIC Liautaud Graduate School of Business was named as one of the 2009 top 25 graduate entrepreneurship programs in the country (Entrepreneur magazine and the Princeton Review).

Florida International University
- The PhD in Business Administration program provides students with the methodological and analytical tools required for executing research and creating knowledge.
- The FIU PhD program typically requires four years of full-time study: two-and-a-half years of coursework and summer projects, and a year-and-a-half of dissertation research.
- Fields of Study include Accounting; Finance; Management Information Systems; Management & International Business.

University of Minnesota
- The University of Minnesota’s Carlson School Ph.D. program in business administration prepares individuals for careers as faculty members at universities throughout the world.
- It offers PhD degree in the following concentration areas: Accounting, Finance, Information & Decision Sciences, Marketing, Operations & Management Science, and Strategic Management & Organization.
- In 2008, the Journal of Management ranked the University of Minnesota 9th on a list of 100 most-cited universities in the field of management and identified 10 Carlson School professors as among the field’s most-cited authors during the past quarter century.

University of Missouri-Columbia
- The Doctoral Degree (PhD) in Business Administration is designed to prepare graduates for careers as effective university researchers and teachers or for senior research positions in business or government.
- The Trulaske College of Business at the University of Missouri is one of the best business schools in the country. It is accredited by AACSB International.

* Suggested Reading:

Best Accredited DBA Programs

Top PhD/MBA Joint Degree Program
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World University Ranking Tables

America - US News & World Report, The Princeton Review, BusinessWeek
Canada - Maclean's, Gourman Report Ranking of Canadian Universities
UK - Sunday Times, Guardian, Times Good University Guide, Daily Telegraph
World - Shanghai Jiao Tong ARWU Rankings, Webometrics, Newsweek