This article focuses on the demand and supply analysis for doctorates in business administration. The data in this article have been developed primarily from two sources: historical data on hiring practices in business schools and on the career choices of persons who have received doctorates in business; and a questionnaire sent to the deans of all member schools of the American Association of Collegiate Schools of Business in 1965. Conclusions drawn from the data depend upon assumptions concerning hiring practices and career choices of persons with new doctorates. Assuming that current practices continue, the predicted shortage will not be as severe as anticipated, and by about 1969 the annual supply may exceed the demand. There would still be a shortage backlog and shortages in some special areas, along with the universal lack of enough top quality scholars, but the field of business probably will reach the point where quality rather than quantity can predominate in faculty selection.