Doctor of Philosophy in Commerce or PhD Commerce is a 3-6 years long doctorate course that deals with Commerce and Business, Management and Finance and Taxation. Basic eligibility is a master’s degree in a closely related discipline and some university might also ask for UGC-NET qualified score or they conduct their own entrance test.
Check here full details on PhD Commerce like its top universities, eligibility, specializations and topics, jobs and more.
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About PhD Commerce
PhD Commerce is one of the popular courses for commerce students. In this one can work on different sub fields like Finance, Business Statistics and Research Methods, Business Management and Human Resource Management, Banking and Financial Institutions, Marketing Management, Legal Aspects of Business, Income-tax and Corporate Tax Planning. The minimum duration of a PhD Commerce is 3 years and it can go upto 6 years. Important components in this respect include:
- Coursework
- Research Projects
- Examinations
- Surveys or Fieldwork or Case Studies
PhD Commerce Course Highlights
| Course Level | Doctorate |
| PhD Commerce Full Form | Doctorate of Philosophy in Commerce |
| Duration | 3-6 Years |
| Entrance Exams | UGC NET, DUET |
| Research Fields | Accounting and Auditing, Business Economics, Business Finance, Business Statistics and Research Methods, Business Management and Human Resource Management, Banking and Financial Institutions, Marketing Management, Legal Aspects of Business, Income-tax and Corporate Tax Planning |
| Minimum Percentage | Minimum 55% of marks in the Master’s Degree |
| Average Fees | INR 50,000 to INR 6,00,000 |
| Average Salary | INR 5 – 7 LPA |
| Employment Roles | Assistant Professor, Research Consultant, E-Commerce Executive, Accounts Executive, Business Analyst, Operations and Research Analyst, Chief Financial Officer |
| Top Recruiters | Banks and Financial Services, Lecturer or Professor in various universities & colleges, In Finance department of different companies |
PhD Commerce Specializations
Some broad topics/specialization choices for PhD Commerce –
- Finance
- Marketing
- Strategic Cost Management
- Entrepreneurship
- Business Forensics
- Accounting
- Audit Technology
- Project Management
- Revenue Management
- Business Intelligence
- Enterprise Risk Management
- Market Volatility
PhD Commerce Top Colleges in India
Top University/Colleges for PhD Commerce:
- University of Delhi
- Indira Gandhi University of Open Learning (IGNOU)
- Jamia Millia Islamia
- University of Calcutta
- Savitribai Phule Pune University
- Gujarat University, Ahmedabad
- Bharathiar University, Tamil Nadu
- University of Mysore, Karnataka
- University of Madras, Chennai
- Alagappa University, Tamil Nadu
Eligibility Criteria for PhD Commerce
- Candidate must have secured minimum 55% marks in M.Com./M.Phil./MBA or equivalent degree in related fields from a recognized University.
- A relaxation of 5% marks or its equivalent grade may be allowed for those belonging to SC/ST/OBC (non-creamy layer)/Differently-Abled, Economically Weaker Section (EWS) and other categories of candidates as per the decision of the Commission from time to time.
Fee Structure & Fellowships for PhD Commerce
JRF candidates will be provided fellowship for PhD in Commerce. The PhD in Commerce fee varies from university to university. The annual fee required by notable colleges varies from INR 30,000 to 2 LPA. Some universities also provide teaching fellowships.
PhD Commerce Admission Process
For admission for PhD in Commerce, students must ensure that they meet all the eligibility criteria for the course. Admission process varies from university to university. Generally the admission process can be through entrance or entrance exempted category.
Entrance
The admission process candidates have to appear for University Research Entrance Test (RET)/ Doctoral Entrance Test (DET). The applicants selected from the written entrance test have to appear for personal interviews organized by the Departmental Research Committee.
Entrance Exempted
In some universities candidates having qualified National Exams like UGC-NET/JRF are exempted from entrance test but they have to appear for interview.
Popular Entrance Exams for PhD Commerce
- UGC-NET
- DUET
PhD Commerce Entrance Exam Syllabus
PhD Commerce entrance exams most commonly contains two papers –
- Paper- I : Research Methodology
- Paper- II : Subject Specific (Commerce)
- Syllabus for commerce part will be same as of UGC NET Commerce syllabus or PG syllabus of commerce of that university.
Preparation Tips for PhD Commerce
- Check the syllabus of entrance as decide by the university.
- Analyze the previous year’s papers if available or UGC NET papers.
- Then collect some study material according to syllabus and exam papers analysis.
- Then plan your preparation according to the time available.
- Give some mock test.
PhD Commerce Career and Salary
The employment opportunities after obtaining a PhD in Commerce depends on the specialization you choose. Some of the popular work areas and profiles are:
Employment Areas
- Universities and Colleges
- Coaching Institutes
- Financial Institutions
- Brokerage Firms
- Stock Exchanges
- Regulatory Bodies
- Insurance Corporations
- FMCG Companies
- International Organizations like World Bank, IMF, Asian Development Bank, etc.
Job Roles
- Lecturer/Professor/Academician
- Business Development Manager
- Business Analysts
- Finance Manager
- Business Analyst
- Risk Analyst
- Operations and Research Analyst
- Chief Financial Officer
- Big Data Analyst
- Investment Banker
- Portfolio Management Specialist
- Financial Analyst
- Statistician
- Equity Research Analyst
Salary
PhD Commerce salary depends on location, designation, and experience. The average salary of a PhD in Commerce graduate is INR 5 – 7 LPA.
PhD Commerce Application Process
Mostly universities invite online application for PhD Commerce admission in online mode. Some university invites offline application forms. Prospectus containing all the information regarding their application procedure is available on university website.
PhD Commerce Admission Notifications
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