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Ph.D. (Business Economics) is a doctorate degree program designed for the students who wish to pursue higher studies in the field of business economics to carry out research activities in the business sector employing theories and methods from economics. The Ph.D. Business Economics takes 3-5 years to complete, with the duration varying depending on the student’s pace and completion of any required internships. Course work is usually taken in the first 1-2 years and it includes Micro-economics, Macro-economics, Econometrics, Research Methods, Business Statistics. In turn, the course is concluded with knowledge-based exam in order to assess the overall understanding of the topic. The last 2-3 years are spent working on a doctoral research with the help and supervision of a faculty member, which is followed by the preparation of a doctoral thesis containing an original piece of work to the field.
Some of the common entrance tests recognized for admission to the Ph.D. Business Economics programs are UGC-NET, GRE, GATE or tests conducted by the universities/institutions concerned. The examination is usually held during the period of April to July every year. The application process is done between December and January. The respective job interviews take place in May–July for students to be selected to join the institution. There are some milestones that are: - exam registrations (Feb-March) - institute applications (March-June) - thesis submissions (Aug-Sept). Many programs begin their session between the month of July and September of the same year.
Feature
Description
Full Form
Doctor of Philosophy (Business Economics)
Duration
3 - 5 years (full-time), longer for part-time
Course Level
Doctoral
Eligibility
Master's degree in Business Administration (MBA), Economics, or a related field with a strong quantitative background.
Top Colleges (India)
Indian Institute of Management Ahmedabad (IIM Ahmedabad), Delhi School of Economics (University of Delhi), Indian Statistical Institute (Kolkata), Madras School of Economics (Chennai), Narsee Monjee Institute of Management Studies (Mumbai)
1. Essential Academic Qualifications for the position : Master’s Degree in Economics / Business Economics / Business Administration / Commerce / any other related field with minimum 55% marks or equivalent grade.
2. The candidate those have completed their Graduation in the above stated streams of education can also apply along with the entrance exam conducted by the university/institute.
3. To become eligible for this, you must clear the entrance examination tests such as NET, PET, institute’s own test etc., which is conducted by the university/institute to which you are applying and you have to secure the cutoff marks set by the university/institute.
4. Teaching RESEARCH or any other experience related to the programme is desirable but not compulsory.
5. Candidates should possess valid GATE/NET or any equivalent examination hall ticket to prove their research aptitude in Economics and interrelated areas.
6. The successful candidates are required to attend interview sessions, and those who qualify for the interview would be given provisional admission.
Stage
Description
Possible Coursework Topics (Examples)
Coursework (First Year)
Advanced economic theory, econometrics, research methods, business statistics
* Microeconomics, Macroeconomics, Game Theory, Mathematical Economics * Econometric Methods, Time Series Analysis, Panel Data Analysis * Research Methodology in Business & Economics, Research Proposal Writing
Coursework (Later Years)
Specialization courses, electives
* Industrial Organization, Behavioral Economics, Health Economics, Development Economics (depending on program focus) * Mathematical Modeling in Business, Financial Econometrics, Computational Economics (may vary)
Comprehensive Exams
Assess your understanding of core concepts and research skills
Written exams and/or presentations on advanced economic theory, econometrics, and your chosen field of specialization.
Doctoral Dissertation
Conduct original research, write a dissertation, and defend it before a committee.
You'll choose a research topic within business economics, conduct in-depth analysis, and contribute new knowledge to the field.
University/Institute
Location
Indian Institute of Management Ahmedabad (IIM Ahmedabad)
Ahmedabad
Indian Statistical Institute (Kolkata)
Kolkata
Symbiosis International (SIU)
Pune
Shiv Nadar University
Gautam Buddh Nagar
Ashoka University
Sonipat
Career Path
Description
Average Salary (INR)
University Professor
Teach business economics, econometrics, and related courses at undergraduate and postgraduate levels.
₹ 10 Lakhs - ₹ 20 Lakhs (variable)
Research Scholar/Fellow
Conduct research in business economics at universities, research institutions, or think tanks.
₹ 8 Lakhs - ₹ 15 Lakhs (variable)
Economic Consultant
Provide economic analysis and consulting services to private companies, government agencies, or international organizations.
₹ 12 Lakhs - ₹ 20 Lakhs+ (variable)
Data Scientist (Business Focus)
Apply advanced analytics and economic modeling techniques to solve business problems.
₹ 10 Lakhs - ₹ 18 Lakhs (variable)
