Leading doctoral programs in business prepare students to conduct research and teach at the college or university level. "U.S. News & World Report" has ranked the most distinguished business schools for 2014. Students studying for a Ph.D. in business can choose to specialize in several areas including accounting, management, information systems, or finance. Graduate students pursuing a doctoral degree in business should select a highly regarded program that mirrors their academic interests and career goals.

Harvard University

Harvard University has earned the distinction of being the nation's most prestigious Ph.D. degree program in business. Students can earn a Doctor of Business Administration or Doctor of Philosophy in several concentration areas including strategy and technology and operations management, marketing, accounting and management, business economics, management, organizational behavior and health policy management. Harvard spends nearly $100 million dollars annually on the research initiatives of students and faculty.

Stanford University

In the 2014 edition of "U.S. News & World Report," Stanford University ties with Harvard for the top spot among the nation's best business schools. Currently, Standard offers a Doctor of Philosophy for those interested in studying management. Students can specialize in one of seven fields of study: economics analysis and policy, operations, information and technology, finance, organizational behavior, marketing and political economics. Doctoral candidates enroll in courses highlighting such topics as microeconomic analysis and econometric methods.

University of Pennsylvania

Established in 1881, the Wharton School of Business at the University of Pennsylvania is the oldest business school in the United States. The institution offers a Ph.D. in nine subject areas, ethics and legal studies, accounting, operations, information management and decision processes, finance, healthcare management and economics, applied economics, management, marketing and statistics. The doctoral program in ethics and legal studies is the first of its kind in the world.

Massachusetts Institute of Technology

Massachusetts Institute of Technology's Sloan Ph.D. program is organized into three areas: economics, finance and accounting; behavioral and policy sciences and management science. The institution ranks fourth place among the most prominent doctoral programs in the United States according to "U.S. News & World Report." The Cambridge, Massachusetts, school is committed to developing scholars who will lead in their field of research. MIT students have the option of cross-registering at any of the numerous graduate schools at Harvard University, and vice versa, an exclusive arrangement between the two universities.

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