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Ph.D. (Finance & Accounts) - Course Overview

  • STREAM

    MANAGEMENT

  • DURATION

    2 YEARS

  • COURSE

    Finance

  • COURSE TYPE

    Doctorate/M.Phil

Updated On - August 2nd 2018

Doctorate of Philosophy (Ph.D.)​ Finance and Accounts Top Colleges, Syllabus, Scope and Salary

Ph.D in Finance and Accounts is a 2 to 5-year research level program. Students seeking admission to this course must hold a Master’s degree in relevant discipline or equivalent from a recognized university. Admission to this course will be granted strictly based on candidate’s performance in the entrance test followed by Personal Interview.

Some of the top institutes offering Ph.D in Finance and Accounts in India are listed below:

The average fee to pursue this program ranges from INR 8,800 to INR 64,292 per year.

Ph.D in Finance and Accounts focuses on the fundamental aspects of the field of Finance and Accounting. This course is also concerned with the monetary affairs of a nation as well as other accounts related matter.

Students desirous of becoming a successful researcher in the field of Financial Management and Accounting and are willing to work in big MNCs are well suited to this program. Students who wish to seek admission to this program should possess various skills such as analytical and logical skills, managerial skills and leadership skills.

After completing Ph.D in Finance and Accounts program, students can opt for jobs in various fields such as in Colleges and Universities, Banks, Financial Organizations, Govt. Offices, MNCs etc. as a Teacher/ Lecturer, Banking Manager, Researcher, Economist etc.

Ph.D in Finance and Accounts: Course Highlights

Course LevelResearch
Duration2 Years to 5 Years
Examination TypeSemester System
EligibilityMaster’s degree in relevant discipline or equivalent
AdmissionEntrance Test followed by Personal Interview
Course FeeRanges from INR 8,800 to INR 64,292 per year
Average Starting SalaryINR 3,00,000 to INR 8,00,000
Top Recruiting OrganizationsIndian Institute of Technology, State Bank of India, NBFC, MNCs, Govt. Offices etc.
Top Recruiting AreasColleges and Universities, Banking Organizations, Financial Organizations, Govt. Offices, MNCs etc.
Top Job ProfilesTeacher/ Lecturer, Banking Manager, Researcher, Economist etc.

Ph.D in Finance and Accounts: What is it about?

Ph.D in Finance and Accounts deals with the study of fundamentals aspects of the field of Accounting and Financial Management. While pursuing this course, students will get to know about the economic affairs of the nation.

This course is best suited to those students who want to indulge in some sort of research in the field of Accounting and Finance and are interested in becoming a successful researcher in this field. Students seeking admission to Ph.D in Finance and Accounts course should possess various skills such as logical and analytical skills, time management and managerial skills.

On completion of Ph.D in Finance and Accounts course, candidates can go for jobs in various areas such as in Colleges and Universities, Banks, Financial Organizations, Govt. Offices, MNCs etc.

Ph.D in Finance and Accounts: Top Institutes

Some of the top institutes offering Ph.D. in Finance and Accounts course across India are provided in the table given below:

Name of the InstituteLocationAverage Course Fee
Rajiv Gandhi Institute of Petroleum Technology - [RGIPT]Rae Bareili, Uttar PradeshINR 8,800 per year
Department of Management Studies IIT Delhi - [DMS IITD]New Delhi-
FORE School of Management - [FSM]New DelhiINR 9,500 per year
NMIMS University, School of Business Management - [SBM]Mumbai, Maharashtra-
Department of Management - [BITS]Pilani, RajasthanINR 64,292 per year
BML Munjal University, School of ManagementGurgaon, HaryanaINR 56,500 per year
Gautam Buddha UniversityUttar PradeshINR 36,667 per year

Ph.D. in Finance and Accounts: Eligibility Criteria

Students who wish to pursue Ph.D in Finance and Accounts program must hold a Master’s degree in relevant discipline or equivalent from a recognized university. Candidates are required to clear the cut off marks set by the respective College/ University to get admission to this program.

Ph.D. in Finance and Accounts: Admission Procedure

Admission to Ph.D in Finance and Accounts course will be granted strictly on the basis of candidate’s performance in the entrance test conducted by the respective College/ University followed by a score in Personal Interview. Admission to this course will commence from September. Students seeking admission to this course can apply for the same either online or offline.

To submit the application form online, candidates are required to visit the official website of the College/ University and enter all the information correctly in the application form. On successful registration, the admission authorities will contact you on the contact details provided by you after which you need to visit the College/ University in person with all the documents required such as PG Degree, Mark Sheet, ID proof and Photographs to complete the admission process. Candidates who wish to apply offline have to visit the university/ college and purchase the application form and submit the same after filling it correctly.

The list of colleges offering Ph.D in Finance and Accounts program along with their admission procedure is given below:

Rajiv Gandhi Institute of Petroleum Technology - [RGIPT]Entrance Test + Personal Interview
Department of Management Studies IIT Delhi - [DMS IITD]Entrance Test + Personal Interview
FORE School of Management - [FSM]Entrance Test + Personal Interview
NMIMS University, School of Business Management - [SBM]Entrance Test + Personal Interview
Department of Management - [BITS]Entrance Test + Personal Interview
BML Munjal University, School of ManagementEntrance Test + Personal Interview
Gautam Buddha UniversityEntrance Test + Personal Interview

After receiving all application forms, the above-mentioned institutes will release their individual cut-off percent in the entrance examination for admission to Ph.D in Finance and Accounts course. Admission will be offered only to those candidates who clear the cut-off marks set by the respective Colleges/ Universities and also on meeting the other necessary admission requirements.

Ph.D. in Finance and Accounts: Career Prospects

Ph.D. in Finance and Accounts course is beneficial for students as it helps them in becoming successful researchers in the field of Finance and Accounts. Students pursuing this program help students in learning more about Accounting and Financial Management. This program is best for those students who want to enhance their logical, analytical and managerial skills. On completion of this course, various opportunities exist for students such as they could become a successful Teacher/ Lecturer, Banking Manager, Researcher, Economist etc.

On completion of Ph.D in Finance and Accounts course, a person could work in the following profiles:

  • Teacher/ Lecturer
  • Banking Manager
  • Researcher
  • Economist

Ph.D  in Finance and Accounts Top Recruiters              

Some of the top recruiting organizations across India with recruitments in this field is provided below:

  • BML Munjal University
  • State Bank of India
  • NBFC
  • MNCs

Ph.D. in Finance and Accounts: Salary Trends

Ph.D. in Finance and Accounts is a popular course in the field of Management. After completion of this course, students get an average salary ranging from INR 25,000 to INR 65,000 per month and this salary depends on the College, Degree, experience, and knowledge of the candidate. Students who wish to work for MNCs with a decent salary can opt for this program.

Ph.D. in Finance and Accounts annual salary
Job ProfileJob DescriptionAverage Annual Salary (INR)
Lecturer/ TeacherA Lecturer/ Teacher is responsible for teaching and sharing his/ her knowledge to students about Accounts and Financial Management.INR 3,00,000 to INR 6,00,000
Banking ManagerThe job of a Banking Manager is to manage all the affairs of a bank i.e. related to sales, promotions etc.INR 4,00,000 to INR 8,00,000
EconomistThe role of an Economist is to analyze various issues in order to maximize a company’s profit.INR 3,00,000 to INR 7,00,000