PhD in Commerce and Management is a 3-year doctorate level course in Commerce and Business Management. To qualify for admission to the program, the eligibility criteria is to have completed the post-graduation degree in commerce or should hold an M.Phil. degree with a minimum aggregate of 55% marks and above from a recognized university listed under UGC/AIU.
Some of the top colleges who offer the program of PhD in Commerce and Management are as follows:
- Rama University - Uttar Pradesh
- Amity College of Commerce and Management - Uttar Pradesh
- Amrita Vishwa Vidyapeetam – (Kochi Campus) - Kerala
- Al-Falah University – (AFU) - Haryana
- Gujarat University – (GU) - Gujarat
The average course fee for the program of PhD in Commerce and Management ranges between INR 30,000 to 3 Lacs.
Candidates are also required to pass the entrance examination of NET held by UGC to avail for admission to the PhD program. The shortlisted candidates will have to attend the sessions of Group Discussion and Personal Interview, computing the marks of which the admission will be further processed. Admissions are done on the basis of Merit list percentage set by the colleges which are subject to vary for different colleges. The program throws light on the aspects of Finance and Management qualifying candidates in conducting research programs.
Candidates should have the background of the field of study, which will make it possible for them to conduct research work. They must possess the skills of analyzing and evaluating the data at hand so as to help them in conducting research in a refined manner. Candidates who have the ability to interpret data, manage the risk in gaining managerial information and are able to provide lucrative solutions are considered suitable for the course.
Doctorates in the program have a plethora of opportunities in the field of Finance, Economics, Commerce, Management of Business and so on. The average remuneration earned by the Doctorates in research ranges between INR 3 to 40 Lacs annually, based on the experience and position held by the candidate.
Top Colleges for Ph.D. (Commerce and Management)
PhD in Commerce and Management: Course Highlights
|Eligibility||Qualifying Master’s degree in Commerce, MBA or M.Phil. with a minimum aggregate of 55% marks and above. Entrance Examination such as NET, DET, GD/PI|
|Admission process||Merit List|
|Course Fee||Up to INR 30,000 to 3 Lacs|
|Average salary||Approx. Up to INR 3 to 40 Lacs per annum|
|Top Recruiting Companies||Businesses, Marketing, Finance sectors, Public Sectors, etc.|
|Job Positions||Business Analysts, Finance Managers, CFO, CEO, etc.|
PhD in Commerce and Management: What is it About?
The field of commerce and management has earned a lot of relevance in the coming years particularly with its application in business. With the growing trends of business and the motive to be in the top of the game has led to the exploration of the varied field of study in the stream. The Doctoral level program in Commerce and Management entrusts the students to gain a multitude of knowledge in the aspects of business and its fundamentals in management.
The program aims to generate the interest in the minds of the students to promote the growth and development of Commerce, Management, and related disciplines through the applicability of research. The study of the program combines the fundamentals of Commerce and Management bringing out a comprehensive field of knowledge for the students to explore in depth. The program also promotes to nurture the skills, competence and the sense of inquiry amongst students by building in them the skills of problem solving and creativity.
The curriculum is constructed in the manner to provide students with the knowledge of business, the branches of business law, its ethics and instruments used in management. Through the study of subjects such as Human Resource Management, Marketing Management, Research Methodology and Organizational Behavior taught in the first and the second year of study, students gain a general perspective on the subject. In the final year, the students are required to choose their field of specialization along with generating dissertation and research thesis working under the guidance of experts.
The program of PhD in Commerce and Management trains students with the required skills of management and understanding of Business Laws, making them proficient to carry on the research work in their field of study. After the completion of the course, Doctorates have the opportunity to carry on their own research work, as well as have lucrative options in the areas of Finance, Marketing, Research, Businesses and much more. The program aims to skill the students in imbibing the required knowledge of the field to become researchers and proficient in the field of business.
PhD in Commerce and Management: Top Colleges & Institutes
|Name of Institution||Location||Average Course Fee (in INR)|
|Amity College of Commerce and Management||Uttar Pradesh||3,00,000|
|Gujarat University – (GU)||Gujarat||31,041|
|Bharathidasan University||Tamil Nadu||NA|
|Rama University||Uttar Pradesh||3 lakhs|
|Amrita Vishwa Vidyapeetam – (Kochi Campus)||Kerala||NA|
|Al-Falah University – (AFU)||Haryana||NA|
PhD in Commerce and Management: Eligibility
The eligibility criteria for availing admission to the program of PhD in Commerce and Management are as follows:
Candidates who have qualified their post-graduation degree in Commerce or M.Phil. degree with a minimum aggregate of 55% marks and above from a recognized university listed under UGC/AIU are eligible for admission to the program.
- Applicants are supposed to clear the UGC-NET examination held at entry level to the program.
- Some reputed colleges and universities will also hold Group Discussion and Personal Interview.
- Having a relevant work experience of 4 years in either field of Teaching/Administration is beneficial to the program.
PhD in Commerce and Management: Admission Process
Aspirants seeking admission to the program are required to meet the general eligibility criteria as set by the respective colleges and institutions. Candidates are supposed to have qualified the Master’s degree in Commerce or should hold an M.Phil. with a minimum aggregate of 55% marks and above for General category students and a relief of 5% i.e. 50% marks for SC/ST candidates. For the admission to the PhD course, the candidate has to clear the entrance examination of NET held by UGC.
The shortlisted candidates will have to go through the sessions of Group Discussion and Personal Interview held by the respective colleges to gain credence into the strengths and traits of the candidate. The overall marks secured in the entrance test, GD/PI and marks scored at the degree level is computed to calculate the merit list percentage. The admissions are processed solely on the basis of merit list which is subject to vary for different colleges.
The list of entrance examination held for admission to the PhD program are as follows:
- NET (National Eligibility Test)
- DET (Doctoral Entrance Test)
Candidates can fill the forms both through online and offline mode. All the important details pertaining to the admission dates, shortlisted candidates, and prospectus of the program will be notified on the official website.
PhD in Commerce and Management: Syllabus
The syllabus of the program is divided into classroom study consisting of coursework in the first and second year. The program will also comprise of case studies, assignments and project work. The course is constructed in a manner which will help students gain a deeper insight into the program gaining knowledge of the subjects in depth. The major aspects of the subject are covered through the study of Fundamentals involved in Economics, Finances, Commerce and its management in business.
The overall syllabus followed by most of the universities and colleges covered throughout the program is tabulated as follows:
|Subjects of Study|
|Creative Thinking and Design Innovation|
|Fundamentals of Management in Business|
|Principles of Management|
|Marketing and Operations Management|
|Human Resource and Business Ethics|
** The Syllabus of the program is subject to vary for different colleges.
PhD in Commerce and Management: Career Prospects
PhD in Commerce and Management trains students to gain perspective on the fundamentals related to the field. The students are qualified to explore their skills of research and evaluation, exploring the varied dimensions of business and commerce. Through the study of subjects comprising of Human Resource, Operations, Productions and Principles of Business, candidates gain the ability to perform research in the varied fields of commerce.
Doctorates after the completion of the program have the required skills to explore their job scopes in the areas of business, Accounting, Operations, and Management. They can become Business Analysts, Finance Managers, CFO, CEO, Company Secretary and so on.
Some of the jobs options which can be chosen by the graduates after the completion of the course which are as follows:
|Job Profile||Job Description||Average Salary (in INR) per annum|
|Business Development Managers||Work includes identifying the sale leads, formulate new theories to pitch sales, analyze the data and write reports.||5 to 6 Lacs|
|Business Analysts||Work includes collecting data, analyzing, documenting and preparation of reports for developing the business.||5 to 6 Lacs|
|Chief Financial Officer||Work includes supervising the employees, address accounting matters and treasury functions, handling of cash and managing the business activities.||30 to 40 lakhs|
|Chief Executive Officer||Work includes managing the workings of the business by being in liaison with the top-level management and the board. Implementation of ideas and managing the finances for the companies.||29 to 30 Lacs|
|Finance Manager||Work includes monitoring accounts, analyzing data and formulating reports. Investigating the current market trends and building techniques to develop the businesses.||9 to 10 lakhs|
|Company Secretary||Work includes carrying on meetings, presenting reports of the current business status by being in liaison with the board and the top-level management. Implementation of procedural and management systems.||4 to 12 lakhs|
|Account Executives||Work includes handling accounts, monitoring the administrative functions of the business.||3 to 4 lakhs|