Bachelor of Philosophy
The B.Phil.'s earliest form is as a University of Oxford graduate degree, first awarded in 1682. Originally, Oxford named its pre-doctoral graduate degrees the Bachelor of Philosophy (B.Phil.) (a two-year degree, partly taught and partly by research) and the Bachelor of Letters (B.Litt.) (a two-year research degree). After complaints, especially from overseas students, that this naming convention often meant that graduate degrees were not being recognised as such, the University renamed them Master of Philosophy (M.Phil.) and Master of Letters (M.Litt.). However, the Philosophy Faculty (then a Sub-Faculty) argued that its B.Phil. degree had become so well known and respected in the philosophical world that it would be confusing to change the name. In philosophy, therefore, the degree continues to be called the B.Phil. Those who pass the degree are given the choice of taking a B.Phil. or an M.Phil.; few if any choose the latter. (Note that Oxford also offers a number of other graduate degrees labeled as baccalaureate degrees: the law faculty's BCL; and the music faculty's B.Mus)
PhD-MBA
A PhD-MBA or MBA-PhD is a dual degree program offered in some cases by schools of science, engineering or social science, jointly with business schools. The program generally lasts four to eight years and results in the candidate earning both a Doctor of Philosophy (PhD) degree and a Master of Business Administration (MBA) degree. Students may apply to the joint program before matriculating to either program, or after matriculating to the PhD programme. The programme often attracts entrepreneurs and venture capitalists.