PhD in Commerce and Management is a three-year doctoral program that may be extended up to six years. To be eligible for admission to the program, you must have finished a postgraduate degree in Commerce or a related field with a minimum aggregate of 55 % marks or higher from a recognized university listed under UGC/AIU. Some universities also conduct entrance based admissions either through national level tests such as NET or their own university-based entrance examinations.
The shortlisted candidates will be required to attend Group Discussion and Personal Interview sessions, after which the admission will be processed. The structure of the program is research-oriented and the coursework highly depends on the student’s field of research.
2.1 Why Study PhD in Commerce and Management
3.1 Eligibility
3.2 Admission
3.4 Entrance Examination Preparation Tips
4.1 PhD in Commerce and Management Subjects
9.1 Top Recruiters
9.2 Job Profile
PhD in Commerce and Management Quick Facts
| Level | Doctor of Philosophy |
| Course | PhD in Commerce & Management |
| Course Fees | INR 30,000 to 3,00,000 Per Annum |
| Course Duration | 3 to 6 years |
| Eligibility | Must have a qualifying Master's degree in Commerce, MBA, or M.Phil or equivalent with a minimum aggregate of 55% or higher. |
| Colleges | Calicut University, Manipal University, Apex University, SRM University, West Bengal State University |
| Admission | Merit-based or Entrance Based |
| Entrance Exams | NET/DET or University Based Exams |
| Job Profiles | Business Analysts, CFO, CEO, Finance Manager |
| Average Salary | INR 6,00,000 to INR 40,00,000 |
| Top Recruiting Sectors | Public Sectors, Market Sectors, Finance Sectors, Business Sectors. |
About PhD in Commerce and Management
The doctoral degree in Commerce and Management provides students with in-depth knowledge in business and management fundamentals. Business and Management remains to be in demand for many years and will be so in future. The program aims to promote the growth and development of Commerce, Management, and allied disciplines through the use of research.
- In its study, the programme includes the ideas of Commerce and Management.
- Students who complete the PhD in Commerce and Management program will have the requisite management skills as well as a working knowledge of company legislation.
- After completing the course, doctorates will be able to conduct their own study as well as pursue lucrative employment in finance, marketing, research, business, and other disciplines.
- All aspects of business law, including ethics and management tools, are covered by business law. Read More: PhD in Commerce
- Students study areas such as human resource management, marketing management, research methodology, and organizational behaviour.
- In their last year of school, students must choose a field of emphasis and prepare a dissertation/ a research thesis.
Why Study PhD in Commerce & Management?
A PhD in Commerce and Management is explicitly oriented to research in the subject of Business and Commerce. It is related to research into the management discipline, service, human resource management, and other fields like agriculture, retailing, product production, tourism, hospitality, science, medicine, and engineering. These all are in demand market areas.
- Develop Management Skills: It focuses on developing, advertising, and selling products and services; creating connections or partnerships; managing tough situations; and keeping the company's finances in good shape. Data from the industry is gathered and used to develop reports.
- New Job Opportunities: In the future, this program will bring better work, chances, both the Commerce and Management sector.
- Ability to have Quality Research: Candidates obtain the capacity to do research in a variety of disciplines of commerce through the study of subjects such as Human resources, Operations, Productions, and Business Principles.
- Job Scopes: Doctorates with the requisite skills to explore their employment scopes in the fields of business, accounting, operations, and management have completed the program. One of the pros is that they can work as Business Analysts, Finance Managers, CFOs, CEOs, Company Secretaries, and so on.
Read More: How to Become Market Research Analyst?
PhD Commerce & Management Admission
PhD admittance is primarily based on entrance tests, although it can also be based on merit. Students are admitted to colleges based on their performance on university-based PhD entrance exams or qualifying examinations such as NET/DET, etc. The applicants who take admission on a merit basis usually have an interview with the professor before admission.
Eligibility
- Candidates must have completed a postgraduate degree in Commerce/equivalent or an M.Phil. degree from a recognized university listed under the UGC/AIU with a minimum aggregate of 55 per cent and above.
- Group Discussion and Personal Interviews will also be held at some reputable institutions and universities.
- It is advantageous to the program if you have 4 years of relevant professional experience in either teaching or administration.
Admission
Process of Selection: There are two ways to get admitted-
- The following is a list of entrance exams held for admission to the PhD program:
- NET (National Eligibility Test)
- DET (Doctoral Entrance Test)
- The other way to get admitted is to clear the university’s PhD entrance exam like DAT (Department Aptitude Test), MET (Manipal Entrance Test)
The shortlisted candidates need to appear for Group discussions and Personal Interviews held by the respective colleges/departments. The overall marks secured in the entrance test, GD/PI and marks scored at the degree level. Are considered for the final decision.
Entrance Exams
Aligarh Muslim Univesity PhD Entrance:
Part I is about Research Aptitude and Research Methodology while Part II consists of subject-specific questions of Commerce and Management.
| Particulars | Details |
| Duration | 2 hours |
| Type | Objective |
| Question Paper Pattern | Research Aptitude and Subject Specific |
| Mode | Online (CBT) |
Savitri Phule Pune University:
Below are the tabulated details of the syllabus for the entrance exam of PhD in Commerce & Management.
For Management Section:
| Part I: Research Aptitude & Methodology | Part II: Management Subject |
|---|---|
| Introduction to Business Research Method; Stages in the Business Research Process; Classification of business research design. | Management; Functions; Communication; Decision Making; Structure and Design; Managerial Economics; Elasticity & Forecasting Market Structures; National Income; Business Ethics & CSR, Ethical Issues & Dilemma Corporate Governance Value-Based Organization. |
| Types of Data & their application; Scaling Procedures, Questionnaire Design. | Organizational behaviour; Individual Behavior; Group Behavior. |
| Types of Sampling; Hypothesis Testing; Concept Procedures. | Strategic Role of Human Resource Management Competency; Employee Engagement & Work-Life Balance; Industrial Relations; International Human Resource Management. |
| Overview of data analysis techniques; Research & Teaching aptitude; Research ethics; Overview of Higher Education system in India. | Accounting Principles and Standards, Preparation of Financial Statements, Financial Statement Analysis; Capital Structure; Leverages; EBIT–EPS Analysis, Financial Breakeven Point & Indifference Level |
| - | Value & Returns; Capital Budgeting; Dividend; Mergers and Acquisition; Portfolio Management; Derivatives; Working Capital Management. |
| - | Strategic Management; Strategic Analysis; Internal Analysis; Strategy Formulation; Corporate Strategy; Business Portfolio Analysis; Implementation; Marketing; Product and Pricing Decision; Pricing; Promotion Decision. |
| - | Consumer and Industrial Buying Behavior; Brand Management; Service Marketing; Customer Relationship Marketing; Retail Marketing; Emerging Trends in Marketing; International Marketing. |
| - | Statistics for Management; Probability Distribution; Data Collection & Questionnaire Design Sampling; Hypothesis Testing; Operations Management; Facility Location and Layout; Design and Process, Enterprise Resource Planning; Total Quality Management; Operation Research. |
| - | International Business; Balance of payment, Foreign Direct Investment; EXIM Policies Role of International Financial Institutions; Information Technology; Data Mining and Knowledge Management. |
| - | Entrepreneurship Development; Intrapreneurship; Innovations in Business; Business Plan and Feasibility Analysis; Role of Government in Promoting SSI Sickness in Small Industries; Institutional Finance to Small Industries. |
For Commerce Section:
| Part I | Part II |
|---|---|
| Research Aptitude & Methodology | Commerce Subject |
| General Introduction to Research; Process; Qualities; Selection; Criteria of Research. | Marketing Management; Banking Financial Institution |
| Research design, Source of Information & Collection of Data; Questionnaire; Data Processing; Sampling. | Financial Management; International Business |
| Probability Distribution; Hypothesis; Correlation; Regression; Parametric test; Non-Parametric Test; Research Ethics & Thesis Writing | Human Resource Management; Financial & Management Accounting; Tourism Management |
Entrance Exam Dates
NET Exam:
| Full-Form | National Eligibility Test |
| Testing Agency | National Testing Agency |
| Exam Duration | 180 minutes |
| Commencement of Application | February 2023 |
| Admit Card Release | To be Announced |
| Exam Date | To be Announced |
Entrance Examination Preparation Tips
- Be aware of the updated entrance syllabus before planning out the preparation. Always check through the official websites.
- Start early with preparations. Usually, 1 year before the exam is considered ideal. You can easily plan your schedule.
- Do not start with multiple resources. It creates confusion. Stick to one or two good and reliable resources.
- Analyse last year's paper, get hold of important topics.
- Analyse your own strengths and weaknesses. Work on your strategies accordingly.
- Take an online mock test and keep a track of your online mock test score.
- Read more to gain more knowledge on your topic.
- Take help from previous years question papers to get an idea about the type of questions they ask.
- Go through the syllabus of the qualifying exam or NET/DET organized by UGC.
PhD Commerce & Management Syllabus
Classroom study, case studies, coursework, and project work are all included in the program's syllabus. The course is designed in such a way that students will acquire a better understanding of the program and gain a thorough understanding of the topics. Economics, Finances, Commerce, and Management in Business address the most important components of the topic.
There is no fixed syllabus for PhD programs. Students are usually required to take up courses related to their field of research.
Applicants usually take the following courses before beginning their thesis:
| Courses | Description |
|---|---|
| Course 1 | Research Methodology: To induct on the students an in-depth knowledge of Research Methodology and to enable them to carry out research in a scientific manner |
| Course 2 | Business Research: To enable students to pursue research in the various fields of commerce and management. |
| Course 3 | Research Gap and Methodological Design: To equip the Ph. D students with the fundamental concepts, theories and issues in the various fields of the study. This is to enable the students to develop concepts in various advanced areas by studying seminal research papers published in noted journals both national and international. |
| Course 4 | Synoptic Outline Writing: The objective of this course is to judge the competency developed in the students to write an appropriate synoptic outline in their respective field of pursuing PhD. |
| Course 5 | Research and Publication Ethics |
PhD Commerce & Management Subjects
The following is a list of the general curriculum followed by most universities and colleges throughout the program:
- Research Methodology
- Creative Thinking and Design Innovation
- Fundamentals of Management in Business
- Principles of Management
- Organizational behaviour
- Marketing and Operations Management
- Human Resources and Business Ethics
- Project Work
- Dissertation /Seminar/ Research Thesis
PhD in Commerce & Management Colleges in India
| College Name | Fees |
|---|---|
| Calicut University | INR 7,730/year |
| Career Point University | INR 1,22,000/year |
| Mangalayatan University, IBM | INR 90,000/year |
| Amrita School of Arts & Sciences | INR 31,000/year |
| Manipal University | INR 36,000/year |
| Apex University | INR 1,02,000/year |
| SRM University | INR 16,000/year |
| University of Technology | INR 1,01,600/year |
| AL-Falah University | INR 1,50,000/year |
| West Bengal State University | INR 12,500/year |
| Kalinga University | INR 3,52,000/year |
PhD in Commerce & Management Colleges College Comparison
| Particulars | Calicut University | Amrita School of Arts & Sciences |
| Duration | 3 Years, 6 months | 3 to 6 years |
| Fees | INR 7130 total | INR 30,000 / year |
| Eligibility | Masters degree with at least grade ‘B’. | A Masters degree with at least 60% marks |
| Facilities | Placements, Distance Learning, Hostel, Laboratory, Fitness Centre, Stadium | Placements, Transportation, Laboratory, Hostel |
| Ranking | 76- NIRF | 13- NIRF |
PhD in Commerce and Management Colleges in Abroad
| College Name | Fees (Total Tuition) |
|---|---|
| University of California | USD 32,508 |
| The University in Melbourne | USD 40,000 |
| University of Manchester | USD 40,000 |
| Australian National University | USD 52,280 |
| University of Tasmania | AUD 136,032 |
| James Cook University | AUD 134,400 |
PhD in Commerce & Management Scope
- PhD in Commerce and Management prepares students to get a broad understanding of the field's basics.
- The students are qualified to use their research and assessment skills to investigate the various aspects of business and commerce.
- Candidates develop the capacity to do research in a variety of disciplines of commerce by studying subjects such as Human resources, Operations, Productions, and Business Principles.
- Doctorates with the requisite skills to explore their employment scopes in the fields of business, accounting, operations, and management have completed the program.
- They could work as Business Analysts, Finance Managers, CFOs, CEOs, and Company Secretaries, among other positions.
PhD in Commerce and Management Salary and Jobs
Salary ranges from INR 3 to INR 40 lakhs per year after completing the degree, depending on the type of job field you choose. In reputable companies, you can work as a Business Development Manager, Business Analysts, Finance Manager, Company Sector, and other job positions.
Top Recruiters
After completing your PhD in Commerce and Management you will be eligible to be recruited by several private and international companies for the various job profiles including the following:
- iNurture Galileo India Pvt Ltd.
- Flipkart Internet Pvt Ltd.
- Universities & Institutes
- Delhivery Pvt Ltd.
- IBM Pvt Ltd.
- Amazon Development Centre
- Vedantu Innovations Pvt Ltd.
Job Profile
| Job Profile | Job Description | Salary |
|---|---|---|
| Chief Executive Officer | Work includes coordinating the operations of the company with top-level management and the board of directors. Implementation of concepts and financial management for businesses. | INR 29 to 30 lacs |
| Business Analysts | Collecting data, evaluating, recording, and preparing reports for business development are all part of the job. | INR 5 to 6 lacs |
| Finance Manager | Accounts must be monitored, data must be analyzed, and reports must be written. Investigating current market trends and developing business development tactics. | INR 9 to 10 lacs |
| Business Development Managers | Identifying sales leads, formulating fresh theories to pitch sales, analyzing data, and writing reports are all part of the job. | INR 5 to 6 lacs |
| Chief Financial Officer | Supervising staff, dealing with accounting and treasury issues, handling currency, and managing corporate activities is all part of the job. | INR 30 to 40 lacs |
| Account Executive | Work entails handling accounts and overseeing the company's administrative functions. | INR 3 to 4 lacs |
| Company Secretary | Meetings are held, and reports on the current state of the firm are presented by liaising with the board and top-level management. Procedures and management systems are being implemented. | INR 4 to 12 lacs |
PhD in Commerce and Management Skill
PhD in Commerce and Management is a research-based course. The program requires students to have an analytical bent of mind and the ability to carry the research forward. Students need to be diligent and focused as it requires a lot of time commitment and effort to complete the program. Some of the skills are given below:
- Research Skills
- Management Skills
- Solution-Oriented Mindset
- Time Management
- Critical Thinking
- Practical Approach
- Ability to take initiatives
- Independent Approach
PhD in Commerce and Management FAQs
Ques: What is the procedure for admission to a PhD in Commerce and Management course?
Ans: Only applications that have been filled out completely and precisely, as well as those that include the required certifications and other papers as attachments, will be evaluated. Candidates will be shortlisted, and those who are chosen will be asked to take the admission exam and participate in a personal interview. After the candidates' marks in their postgraduate examination, entrance examination, and personal interview have been combined, the final results will be revealed.
Ques: Is financial aid available for a PhD in Commerce and Management program?
Ans: It differs from one college to the next. Some institutions offer both financial aid and scholarships. There are some candidates there who have been chosen for fellowship programs.
Ques: Is the entrance exam necessary to be admitted to the doctoral program in Commerce and Management?
Ans: Yes, It is necessary to pass the University's written examination in order to qualify. The PhD entrance test consists of two papers: general aptitude and research methodology, and a postgraduate-level domain-specific subject.
Ques: What are the requirements for applying for a PhD in Commerce & Management?
Ans: Candidates who have completed a postgraduate degree in commerce/M. Phil. degree from a recognised university listed under UGC/AIU with a minimum aggregate of 55 per cent and above are eligible for admission to the programme. The candidate must pass a national level admission exam, as well as a university-level entrance exam and a personal interview.
Ques: Is a PhD in Commerce & Management difficult?
Ans: It is challenging to pursue the course because it includes a lot of research which is a time taking process that requires a lot of patience, but at the same time it has its perks like a good job profile and salary.
Ques: What is the scope of the PhD in Commerce and Management?
Ans: Students who pursue a PhD in Commerce and Management will gain a wide understanding of the field's fundamentals. Students are qualified to study numerous facets of business and commerce using their research and assessment skills. Business analysts, finance managers, CFOs, CEOs, and company secretaries are all possibilities.
Ques: Can I pursue a PhD in Commerce & Management if I have a master’s degree in either commerce or management?
Ans: Yes, you can pursue the course as long as you have a master’s degree with at least 50% to 60% marks from a recognized university and have qualified for the relevant examination.
Ques: What is the expected salary range after completing the PhD in Commerce and Management course?
Ans: The expected salary range after completing PhD in Commerce and Management is between INR 3lacs to INR 30 lacs depending on the type of job.
Ques: What qualities do I need to have to pursue PhD in Commerce & Management?
Ans: Qualities that you need to have to be eligible to pursue the course effectively are Critical Thinking, Management Skills, Practical Approach, Solution-Oriented Mindset etc.
Ques: What are the top recruiting sectors for PhD in Commerce and Management?
Ans: Recruiting companies majorly belong to the business, private, management and finance sectors.
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