PhD in Commerce and Management is a doctoral-level degree programme of at least three and a maximum of six years. The course equips the students with in-depth knowledge of commerce and business management. Candidates interested in doing research in the field of business can opt for this course.
To pursue a PhD degree in Commerce and Management, students should hold a master’s degree after completing a three-year bachelor’s degree. Many colleges admit students based on the marks obtained in the entrance examination. In addition to entrance exams, many colleges also conduct personal interviews or group discussions.
Particulars | Values |
---|---|
Degree Name | Ph.D in Commerce and Management |
Degree Type | Doctoral |
Degree Duration | 3-6 years |
Entrance Exams | UGC NET, CSIR UGC NET, GATE, GPAT, NESLET |
Eligibility Criteria | Bachelor’s and Master’s degree |
Admission Process | Entrance exam+Personal Interview |
Fee Structure | Rs. 2.52 Lakhs to Rs. 5.20 Lakhs |
Average Salary | Rs. 15.8 LPA (Professor) |
Job Profiles | Finance Manager, Professor, Lecturer, Business Analyst, Researcher, Business Analyst |
Top Recruiters | KPMG, TCS, ITC, Wipro, Amul, BMW. |
Eligibility criteria are the minimum parameters set by the admission committee to screen the deserving students. Candidates who successfully clear the eligibility requirements can apply for admission. Eligibility requirements are more or less the same for every PhD specialisation. However, candidates should visit the official website of the desired institute beforehand.
The admission process for a Ph.D in Commerce and Management is more or less the same for every institute. Generally, the universities require candidates with some relevant work experience in commerce and management along with relevant past educational experience. Candidates can check the complete admission process for a Ph.D in Commerce and Management.
Most of the universities in India offer admission to PhD programmes based on national-level entrance examinations. Only a few universities conduct their entrance test for admission. Candidates can check the details of the top entrance examination or PhD in Commerce and Management below:
Exam Name | Exam Level | Conducting Body | Exam Schedule |
---|---|---|---|
National Level | NTA | ||
National Level | NTA |
PhD students can choose from several specialisations depending on their future goals and interests. Listed below are some of the popular specialisations available for the students.
Ph.D in Management | Ph.D in Physics |
Ph.D in Computer Science | Ph.D in Economics |
Ph.D in Mathematics | Ph.D Law |
PhD in commerce and management cutoff is a minimum score that any student must attain to apply for admission to a degree program of their choice. The cutoff is decided based on various factors including how tough the paper is, how many students appeared in the paper, the total number of seats available after the paper, and previous years’ cutoff trends.
Students applying for a PhD in Commerce and Management require relevant theoretical and practical skills. These skills are not only helpful for them in their academics but will also help them in their professional careers. Some of the important skills required for a Ph.D in Commerce and Management.
PhD is a doctoral-level degree programme, therefore the duration of the course is not fixed. Some of the subjects included in the course curriculum of Ph.D in Commerce and Management are listed below.
Research Methodology | Fundamentals of Commerce |
Accounting and Finance | Marketing Management |
Human Resource Management | Research and Publication Ethics |
Academic Writing and Teaching skills | -- |
The fee structure of a Ph.D in Commerce and Management varies from one institute to another. Every organisation has its facilities and standards. However, candidates can explore a rough estimate of the average fee structure for a PhD in Commerce and Management. The average fee for a PhD in Commerce and Management ranges from Rs. 2.52 Lakhs to Rs. 5.20 Lakhs.
A PhD in Commerce and Management helps students to get a complete understanding of business fundamentals. Graduates can explore many professional paths in the field of research and analysis. They can also work in almost any field of business and management and earn handsome salary packages.
After completion of a PhD in Commerce and Management, students have many career opportunities to choose from. They can work under the supervision of a professor, they can also opt for a postdoctoral course in relevant disciplines. Graduates can also work as an assistant professor at a college or a university. Some of the popular career options are listed below.
Job Profiles | Job Descriptions | Average Salary |
---|---|---|
Research Analyst | A Research Analyst is a professional responsible for preparing theorems and algorithms to prepare and concentrate research programmes. They can also work with CEOs, or stakeholders to know what they are trying to achieve. | Rs. 4.9 LPA |
Business Analyst | Business Analysts are professionals responsible for the research to service conclusions. They analyse the scope of research areas and prepare different prototypes to know which works the best. | Rs. 9.7 LPA |
Company Secretary | A Company Secretary professional is a professional for supervises the finances of an organisation and its different departments. They hold meetings with stakeholders, CEOs and investors to brief them regarding the investing opportunities available to them. | Rs. 9.1 LPA |
Salary Source: AmbitionBox
PhD in Commerce and Management is a perfect course for someone interested in the research side of business and management. Candidates pursuing a PhD are introduced to several businesses and marketing tactics that help innovate a business venture. PhD is a highly respectable degree that enables candidates to earn handsome salary packages.
Candidates after completing a Ph.D in Commerce and Management can earn handsome salary packages. The average salary of a graduate is influenced by various factors such as the work location, skills and experience of the candidate, and the job profile opted by the student. Listed below are the average salaries of private and government sectors in Ph.D in Commerce and Management.
Sectors | Average Salary |
---|---|
Private | Rs. 3 LPA-Rs. 100 LPA |
Government | Rs. 3 LPA-Rs. 15 LPA |
Source: Naukri.com
Private institutes also offer Ph.D in Commerce and Management. They provide many facilities for the comfort and convenience of the students. The fee may be on a higher side as compared to a government institute. Listed below are the popular private PhD in Commerce and Management colleges in India along with their fees.
Colleges | Fees |
---|---|
- | |
- | |
Rs. 2.70 Lakhs | |
- | |
Rs. 2.52 Lakhs | |
Rs. 3.25 Lakhs | |
Rs. 5.20 Lakhs | |
Rs. 2.10 Lakhs | |
Rs. 90,000 | |
Rs. 2.70 Lakhs |
Many students aspire to pursue a PhD from a government institute. They provide excellent educational facilities along and nominal fees. Listed below are the popular government PhD in Commerce and Management colleges in India along with their fees.
Colleges | Fees |
---|---|
- | |
- | |
- | |
Rs. 91,950 | |
Rs. 1.37 Lakhs | |
Rs. 1.13 Lakhs |
Ph.D in commerce and management is a degree programme that helps students to gain complete understanding of research related to business fundamentals.
It takes a minimum of three years to complete the Ph.D. However, if required, students can also take more than 3 years of time.
In order to pursue a Ph.D in commerce and management, students are required to successfully complete a bachelor’s and master’s degree in commerce and management.
Universities provide admission to a Ph.D in commerce and management via entrance test.
The average fee structure for Ph.D in commerce and management is around Rs. 1 lakh to Rs. 3 lakh per annum.
The average salary after completion of Ph.D in commerce and management is around Rs. 8 lakh to Rs. 12 lakh per annum.
Finance Manager, Business Research Associate, Marketing Analyst Head, Business Manager are some of the popular job profiles.
KPMG, TCS, ITC, Wipro, Amul, BMW are some of the top recruiters of Ph.D in commerce and management.
The scope is quite high, the Ph.D candidates are welcomed in almost every field working in business and management.
Application Date:05 September,2024 - 25 November,2024