Ph.D. in Business Management is Doctorate Level Business Management course. The duration of the course is three years. Ph.D. program in Business Management provides full-time training in teaching and research. The qualification criteria for Ph.D. in Business Management is holding a post graduate degree in relevant subject or equivalent with at least 50% marks in aggregate.
Some of the top institutes that offer the course in India are listed here:
- University of Delhi, Faculty of Management Studies, New Delhi
- Shailesh J. Mehta School of Management, Mumbai
- National Institute of Industrial Engineering, Mumbai
- Management Development Institute, Gurgaon
- Indian Institute of Foreign Trade, New Delhi
The average tuition fee charged for the course in India ranges between INR 2,000 and 5 Lacs.
The Ph.D. in Business Management proposition is relied upon to demonstrate an independent capacity to distinguish issues, and to plan and direct unique research. It is expected that students will produce articles publishable in international journals.
The program provides a solid methodological basis, exposure to forefront themes and methods, and the ability to design and implement research projects in business disciplines.
Ph.D. in business management degree program prepares the candidates to assume a leadership role as a business professional. Designed for students who wish to become scholars—with the skills and knowledge to teach, consult or lead—this program focuses on business theory, research, and practice. The course of study will incorporate the examination and research of business system and frameworks, authority, leadership, accounting, financial management, economics, social responsibility, and strategy.
Such postgraduates are hired in capacities such as Lecturer & Professor, Team Leader, Statistician, Data Analyst, Business Development manager, Associate, manager, Business Analyst, Team Assistant, Consultant, Teacher etc.
Salary is no issue for the candidates who have a good leadership, decision-making skills, enthusiasm and a good academic background. The initial package in India is around INR 2-5 lacs per annum but the maximum is unlimited. With some good experience, candidates can earn beyond the limit in management field.
Top Colleges for Ph.D. (Business Management)
- M.Phil/Ph.D in Management in Delhi-NCR
- M.Phil/Ph.D in Management in Maharashtra
- M.Phil/Ph.D in Management in Chennai
- M.Phil/Ph.D in Management in Uttar Pradesh
- M.Phil/Ph.D in Management in Telangana
Ph.D. in Business Management: Course Highlights
Listed below are some of the major highlights of the course.
|Examination Type||Semester System|
|Admission Process||based on entrance test and direct interviews of the short-listed candidates.|
|Course Fee||INR 2,000 to 5 Lacs|
|Average Starting Salary||INR 4 to 8 lacs per annum|
|Top Recruiting Companies||HDFC Bank, Google, ICICI Bank, LinkedIn, Yes Bank, Oracle, IBM, McKinsey and Company, Boston Consulting Group, Morgan Stanley, Microsoft, KPMG, Deloitte, Accenture, Reliance, HCL, Wipro, Infosys, Adani Group, Larsen and Toubro (L&T), Tata Group, Google, Facebook, American Express, Capital IQ, Amazon, Infosys, Airtel, Idea, Reliance, BSNL, Tata Consultancy, Tata Motors, Bajaj, Hyundai etc.|
|Top Recruiting Areas||Academics Institutions, Colleges and Universities, Finance, Marketing, Information Technology, Banking, management, Sales, Operations, Supply Chain Management, MNCs, Product Development, Human Recourses etc.|
|Job Positions||Lecturer & Professor, Team Leader, Statistician, Data Analyst, Business Development manager, Associate, manager, Business Analyst, Team Assistant, Consultant, Teacher etc.|
Ph.D. in Business Management: What is it about?
Ph.D. in Business Management is the process of controlling, leading, monitoring, organizing and planning of business activities. The course provides a broad business education that focuses on the fundamentals of business management and critical leadership skills and is immediately relevant to today’s business challenges and changing the climate. Business & Management is the important branch, including sub-disciplines like Business Administration, Project Management, Finance, Human Resource Management, Marketing, and different types of Management of people and companies.
Students should possess computer skills as in today’s businesses it is highly dependent on technology for everything from writing emails to running complex enterprise management systems. They also have good businesses planning skills and must be able to translate their vision into an actionable plan. They also possess financial skills as it is needed to identify reliable sources of capital and how to get loans/investors on favorable terms. They should have accounting skills such as paying bills and maintaining tax documents.
The course is beneficial to prepare students to conduct high-quality research relevant to private or public organizations, to direct research by others, and to communicate research findings through teaching and writing. It also helps students for the varied responsibilities and opportunities of careers in research and teaching or for positions requiring similar research and analytical skills. Candidates are prepared to advance in jobs within a variety of fields including banking, finance, management, consulting, marketing, teaching, accounting, and human resources.
Ph.D. in Business Management: Top Institutes
Listed below are some of the top institute s in India that offer the course.
|Name of Institute||City|| Average Fees|
|University Of Delhi, Faculty Of Management Studies||New Delhi|| INR 10,480|
|Shailesh J. Mehta School Of Management||Mumbai|| INR 24,000|
|National Institute Of Industrial Engineering||Mumbai|| INR 9,000|
|Management Development Institute||Gurgaon|| INR 2,03,000|
|Indian Institute Of Foreign Trade||New Delhi|| INR 1,00,000|
|Christ University||Bangalore|| INR 75,000|
|Narsee Monjee Institute Of Management Studies||Mumbai|| INR 57,000|
|Department Of Management Studies, IIT Madras||Chennai|| INR 11,871|
|Department Of Management Studies IIT Delhi||New Delhi|| INR 12,900|
|Sydenham Institute Of Management Studies, Research & Entrepreneurship Education||Mumbai||INR 11,940|
|Department Of Management Studies, Indian Institute Of Technology||Roorkee|| INR 15,713|
|Mica - The School Of Ideas||Ahmedabad|| INR 24,475|
|Indian Institute Of Technology Madras||Chennai||INR 10,476|
|Department Of Management - [BITS]||Pilani|| INR 64,292|
|Indian Institute Of Science, Department Of Management Studies||Bangalore|| INR 25,000|
|Xavier Institute Of Management||Bhubaneswar|| INR 1,67,000|
|Industrial And Management Engineering, IIT Kanpur||Kanpur|| INR 56,792|
|IFIM Business School||Bangalore|| INR 30,000|
|Goa Institute Of Management||North Goa|| INR 1,03,000|
|Birla Institute Of Management Technology||Greater Noida|| INR 65,429|
|Motilal Nehru National Institute Of Technology||Allahabad|| INR 16,242|
|Amity Business School||Noida|| INR 1,07,000|
Eligibility for Ph.D. in Business Management
The qualification criteria for Ph.D. Business Management is holding a post graduate degree in relevant subject or equivalent with at least 50% marks in aggregate.
|Top M.Phil/Ph.d In Management Colleges In Madhya Pradesh||Top M.Phil/Ph.d In Management Colleges In Uttar Pradesh||Top M.Phil/Ph.d In Management Colleges In Andhra Pradesh||Top M.Phil/Ph.d In Management Colleges In Himachal Pradesh|
Ph.D. in Business Management: Admission Process
Admission can be based on a personal interview of eligible students only. Each eligible aspirants must have to give a short presentation before the interview committee in the area of research interest. The eligibility criteria for interview shall be considered as under:
- Satisfying the requirements of minimum qualification specified in A above.
- NET/SLET/UGC/CSIR(JRF) or equivalent national level examination qualified candidates.
- Shortlisted on the basis of merit in Ph.D. entrance test conducted by some universities.
List of Ph.D. Entrance Exams
- University of Delhi, Faculty of Management Studies Entrance Exam
- Shailesh J. Mehta School of Management Entrance Exam
- National Institute of Industrial Engineering Entrance Exam
- Management Development Institute Entrance Exam
- Indian Institute of Foreign Trade Entrance Exam
- Christ University Entrance Exam
- Narsee Monjee Institute of Management Studies Entrance Exam
- Department of Management Studies IIT Delhi Entrance Exam
- Sydenham Institute of Management Studies, Research & Entrepreneurship Education Entrance Exam
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Ph.D. in Business Management: Syllabus and Course Description
A semester-wise breakup of the course syllabus is tabulated here.
|Year 1||Year 2||Year 3|
|Banking||Theory Of Finance||Independent Conceptual Study Paper In Entrepreneurship And Small Business Development|
|Independent Study Paper||Independent Conceptual Study Paper In Information Systems||Seminar In Entrepreneurship And Small Business Development|
|Accounting Seminar||Global Marketing Seminar||Conceptual And Theoretical Foundations Of Entrepreneurship and Small Business Development|
|Advanced Accounting Theory||Marketing Theory||Independent Conceptual Study Paper In Organizational Theory And Behaviour|
|Seminar In Banking||Managing Human Resources||Seminar In Organizational Theory And Behaviour|
|Independent Conceptual Study Paper In Banking||Information Systems Seminar||Organizational Theory And Behaviour|
|Independent Conceptual Study Paper In Global Business Management||Strategic Information Systems||Independent Conceptual Study Paper In Marketing|
|Global Business Seminar||Independent Conceptual Study Paper In Human Resources Management||Advanced Operations Management Seminar|
|Global Business||Seminar In Human Resource Management||Advances In Strategic Management|
|Independent Study Paper In Finance||Independent Conceptual Study Paper In Marketing||Strategic Management Seminar|
|Seminar In Finance||Advanced Operations Management||Independent Conceptual Study Paper In Strategic Management|
Ph.D. in Business Management: Career Prospects
Business management graduates can look for work in different fields, for example, public and private areas, advertising, marketing, non-profit associations, finance or can start own business. Talented experts in this profession can likewise settle on showing occupations in colleges and schools. The effect of advancement and privatization has expanded the requirement for managers in business foundations over every one of the parts of the economy.
The globalization of business has created various work opportunities for aspirants. After finishing the course, one can begin his/her own particular business or can join any MNC or corporate house. There is a colossal demand for business management degree holders in the significant fields of management.
If a candidate does not opt for Ph.D. in Business Management, he/she can likewise look for work in different divisions, for example, investment firms, banks, corporate houses, financial institutions, trade/import organizations, media and ventures. Business management graduates can also progress towards becoming entrepreneurs.
Some of the popular professional avenues open to successful graduates/ postgraduates of the course are listed below with the corresponding salaries offered for the respective positions.
|Job Position||Job Description||Average Annual Pay Scale in INR|
|Professor||Professor teaches understudies in a wide range of territories at the post-secondary level. They can deliver scholarly articles, perform research, and instruct.||913,657|
|Business Development Manager||BDM helps their organizations procure new clients and pitch extra items or administrations to existing ones; this implies the part is a vital one for any business with the aspiration to extend or the need to expand its customers.||563,674|
|Data Analyst||They translate numbers into plain English. Every business gathers information, regardless of whether its business figures, statistical surveying, market research, logistics, or transportation costs. A data analyst's job is to take that data and use it to help companies make better business decisions.||349,284|
|Statistician||Statistician accumulates numerical information and after that showcases it, helping organizations to understand quantitative information and to spot patterns and make predictions.||368,671|
|Business Analyst||Business Analyst get ready shows necessities organization – one of the middle aptitudes of business inspectors. Making particular responses for business issues, or to impel an association's business attempts, begins with describing, looking at and revealing essentials. Bringing out necessities. Necessities affiliation.||862,699|