Students considering Business Graduate Programs can earn a Masters Degree, an MBA degree (Masters in Business Administration), a Doctor of Philosophy in Business (PhD) or a Doctor of Business Administration (DBA). An MBA degree can be specialized yet a business MA or MS degree carries no specialization due to the fact that it is a specialty itself. PhD programs in business focus intensively on preparing students to conduct highly specialized scholarly research. Doctor of Business Administration (DBA) programs focus on the application of theory. A business related master’s degree is generally a one-year, non-thesis degree frequently positioned as a professional business degree and is very specialized in the subject of study. An MBA with a specialization however will have the majority of its coursework spread across broad business disciplines such as marketing, finance, economics, operations, organizational behavior and strategy. The MBA specialization field will usually be included in the course work for the second year of study, particularly in team oriented practical work projects to help develop managerial and leadership skills.