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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.

Ph.D. Commerce CollegesList of Ph.D. Commerce CoursesPh.D. Course

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

The tuition fees by average for Ph.D. Commerce comes between INR 4,000 to 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
  4. UGC NET
  5. JNU PHD

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 an opportunity for 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.

Top Colleges for Ph.D. (Commerce)

  • Ph.D. (Commerce) in Tamil Nadu
  • Ph.D. (Commerce) in Maharashtra
  • Ph.D. (Commerce) in Uttar Pradesh
  • Ph.D. (Commerce) in Kerala
  • Ph.D. (Commerce) in Telangana

Ph.D. Commerce: Course Highlights

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

Course LevelPost-Graduate
Duration3 to 5 years
Examination TypeSemester System
EligibilityPost-graduation in Commerce
Admission ProcessBased on counselling after clearing Entrance Tests like UGC-NET for different colleges.
Course FeeINR 4,000 to 2 Lakh
Average Starting SalaryINR 4 to 20 lac per annum
Top Recruiting CompaniesCoaching Centres, Commerce Consultancies, Commerce Department, Home Tuitions, Museums, Private Tuitions, Publishing House, Research and Development Agencies and Schools
Job PositionsAccountant, 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

Ph.D. Commerce: What is it about?

Ph.D. Commerce course aims at training professionals and teachers in the skills and competencies 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

St Xavier’s CollegeKolkataINR 1.96 Lakh
Christ UniversityBangaloreINR 2 Lakh
Theivanai Ammal College for WomenTamil naduINR 50,000
Presidency CollegeChennaiINR 20,000
Lovely Professional UniversityPunjabINR 249,500
Kalinga Institute Of Industrial TechnologyBhubaneswarINR 2.50 Lakh
THE NEW CollegeChennaiINR 27,620
Dr Gr Damodaran College Of ScienceCoimbatoreINR 67150
University Of RajasthanJaipurINR 45,800
K. P. B. Hinduja College of CommerceMumbaiINR 50,000
Ranchi UniversityRanchiINR 107,000
Jagran Lakecity UniversityBhopalINR 2.50 Lakh
Rashtrasant Tukadoji Maharaj Nagpur UniversityNagpurINR 60,000
Amity UniversityGwaliorINR 100,000
Shri Ramswaroop Memorial UniversityLucknowINR 100,000
Meenakshi College For WomenChennaiINR 50,000
School Of Commerce-Mahatma Jyoti Rao Phoole UniversityJaipurINR 2 lakh
Sharda UniversityNoida

INR 10 lakh

Ph.D. Commerce: Eligibility

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

For admission to the Ph.D. 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 Ph.D. programme admissions. But the set of requirements for the application are similar. These should include a research proposal, detailing the proposed outline of your Ph.D. 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

Ph.D. Commerce: Syllabus and Course Description

Syllabus of Ph.D. 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, elective, 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 the syllabus of all institutes. Some of these subjects are briefly described in the table below:

Research MethodologyThesis Work and Dissertation
Area Specific basic paper
International Business
Organizational Behavior

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 a 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, as 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”.

Job PositionJob DescriptionAverage Annual Pay Scale in INR
Lecturer/ProfessorThe NET is conducted to determine the eligibility for Junior Research Fellowship Award or Assistant Professor. A lecturer’s job provides a stable salary and gives you a chance to constantly increase your knowledge.295,493
BankerBankers give their customers a wealth of services. They assist in initial banking requests such as setting up certificates of deposit and opening a checking or savings account as well as handling trusts, investment accounts, deposits, lines of credit and much more.467,000
Human Resource Development ManagementHuman resource (HR) managers are involved with recruitment, training, career development, compensation and benefits, employee relations, industrial relations, employment law, compliance, disciplinary and grievance issues, redundancies etc.455,286
Legal Adviser/AttorneyLegal advisors are lawyers specialized in a specific field of the law and are employed to prevent their clients from any legal implications or consequences. They must also know how to apply the law to their clients' circumstances. Legal advisors work in law firms where they supply legal advisory services to clients. They are a type of in-house lawyer, so they have the same educational requirements as a regular lawyer, which includes completing college, law school and the bar exam. 261,669
Chief Accountant/Chief Internal AuditorThe position of chief internal auditor exists for the purpose of evaluating accounting, financial, credit and other operational activities as an independent appraisal function. Nature and scope of the position reports to chief executive officer. Supervises. This position leads the Internal Audit Department in the accomplishment of its mission to provide assurance and consulting services to the University and to assist in the management of University risks. The CAO manages a current staff of four professional auditors who along with CAO make up the Internal Audit department.243,264
Certified Management Accountant (CMA)As a CMA, your duties and responsibilities may include dealing with financial strategies set forth by your employer. You may be asked for advice on issues involving taxes, risk and cost management, financial planning, and forecasting. Management accountants are key figures in determining the status and success of a company.295,493
Market ResearcherThe work of a market researcher is to study the market trend, market competitors before launching any new product. Analysing and interpreting data to identify patterns and solutions, including surveys and focus group transcript. A role in market research is all about data.467,000
Account directorResponsibilities: Overall growth and development of accounts in his group. Typical activities
– Taking a lead in clients’ marketing and advertising strategies
– Promoting the expansion of business with existing clients
– Working with other senior managers to generate new accounts
– Completing projects to a specific schedule and within an agreed budget
– Using your skills to push clients, and the agency, creatively and strategically
Overseas Commerce ConsultantThe overseas Commerce consultants will help you which country to choose for your overseas Commerce. This will be obviously decided bearing in mind your choice of stream/course of study.455,286

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