Ph.D. in Commerce Top colleges, Syllabus, Scope and Salary

Ph.D. (Commerce) is a three to five year course. Eligibility for the course is a postgraduate course in Commerce, candidates should have Bachelor’s degree in Commerce/Bachelor in Technology in Commerce from recognized University.

The tuition fees by average for Ph.D. (Commerce) comes between INR 4,000 to INR 2 Lakh for the span of three to 5 years.

Admissions for such course are on the basis of counselling after clearing entrance tests depending on the colleges. Some of them are:

1. DET
2. BITS Pilani entrance test
3. AIMA PHD
4. UGC NET
5. JNU PHD

Top institutes which are offering this course are as follows:

• St Xavier’s College
• Christ University
• Indian Institute Of Technology, Gandhinagar
• Presidency College
• Lovely Professional University
• Kalinga Institute Of Industrial Technology

Major Job profile and designations for these graduates are Accountant, Chartered Accountant, and Company secretary, Cost Accountant, Finance Analyst, Finance Planner, Finance Manager, Finance Controller, Finance Consultant, Investment Analyst, Stock, Broker, Portfolio Manager and Tax Auditor etc.

Graduates with this degree have opportunity for the industries like Coaching Centres, Commerce Consultancies, Commerce Department, Home Tuitions, Museums, Private Tuitions, Publishing House, Research and Development Agencies and Schools etc.

The average salary for Ph.D. (Commerce) graduates is around INR 4 Lakh to INR 20 Lakh but this can be higher on the basis of experience and other factors.

Ph.D. (Commerce): Course Highlights

Listed below are some of the major highlights of the course.

Ph.D. (Commerce): What is it about?

This course aims at training professionals and teachers in the skills and competences related to the systematic investigation of various issues and problems in the area of Accounting & Finance, such as, management of risk, the valuation of financial assets, operations of capital markets, preparation and interpretation of financial and managerial information useful for an understanding of the theory and practice of investment and finance.

At this level, the study is expected to provide new and original insights into the problem or the area under investigation.

Ph.D. (Commerce): Top Institutes

Ph.D. (Commerce): Eligibility

To pursue a PHD course in Commerce the candidate should have bachelor’s degree in Commerce from recognized university. Also the masters in Biology/Pharmacy and Commerce or the relevant stream with aggregate of 55% marks and also with valid PHD entrance test along with the interview.

For admission to the Ph.D. programme in Commerce department minimum requirements are:

• B.Tech / M.Tech in any branch of Engineering/ Bio Technology and Interdisciplinary areas.
• B.Tech / M.Tech or equivalent degree in Commerce.

Ph.D. (Commerce): Admission Process

In India universities have rights to set their own procedure and standards for the PHD programme admissions. But the set of requirements for the application are similar. These should include a research proposal, detailing the proposed outline of your PhD project, and explaining the methodology you plan to employ.

This is referred to as the National Eligibility Test (NET) and is administered by the University Grants Commission (UGC) for most subjects, with the exception of Science and Engineering which are covered by the Council of Scientific and Industrial Research (CSIR).

Entrance Exams are:

• DET
• BITS Pilani entrance test
• AIMA PHD
• UGC NET
• JNU PHD

Ph.D. (Commerce): Syllabus and Course Description

Syllabus of Ph.D. in Commerce is designed as per the latest needs of industry and revised accordingly to keep it updated. The course aims to train students to identify problems in Accounting & Finance and come up with solutions apply their skills.

Core courses, electives and practical experience form part of its syllabus. The delivery method of this course offers a balanced approach by incorporating classroom learning along with workshops.

At different institutions, the syllabus may differ. Some subjects stay the same in syllabus of all institutes. Some of these subjects are briefly described in the table below:

Ph.D. (Commerce): Career Prospects

Since, the significance of commerce has increased manifolds, post Liberalization, Privatisation and Globalization (LPG) era, the experience and knowledgeable candidates are getting handsome salary.
It’s challenging but is also quite scoring. So, if you have the knack for it, the sky is the limit.

Earlier, choosing the commerce stream would get you a few hand-picked commerce careers, like one in banking. That is no longer the case as the sector grows at an unbelievably fast pace.

With the positive changing scenario around the world in the realm of economic activity, selecting Commerce as a career option is one of the best to grab. Your pay package will lie somewhere between INR 3 to 8 lac per annum.

Some career options in Commerce for your reference as below:

• Corporate Law
• Law
• Economics
• Chartered Accountancy
• Cost & Management Accountancy
• Company Secretaryship
• Chartered Financial Analysts
• Banking
• Insurance
• Finance Operations
• Human Resource Management
• Finance Management
• Marketing Management
• International Business
• Technology Management
• Stock Brokers
• Mutual Funds

The commerce is one of the three basic and broad fields of the education. You can join the government sectors or the private sectors. Some major industries where commerce graduates can find jobs are Banking, Accounts, Insurance, Management, Investments and many others. “By holding a good position and work experience in the respective field, you can earn beyond the limits”.

Candidate must have a master’?s degree in relevant stream from any recognized university.

Fee of After Course Work :

• For ST/SC : Rs.1725
• For OBC/Gen : Rs.3925