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Doctor of Philosophy in Commerce is the highest academic qualification that is given in the field of commerce. It is a research-focused doctorate program that exposes learners to independent research in the various Commerce fields such as accounting, finance, marketing, and human resource management among others. Students in Ph.D. in Commerce must complete a minimum of 3 to 5 years. Students must undertake normal coursework in the first years, and later a research thesis under the supervision of a faculty member. The thesis should offer some new knowledge to the readers with regard to the chosen specialization.
Admission to Ph.D. Commerce program will only be through UGC NET, SET/SLET exam or entrance test and interview conducted by the university/institute. The exam notices often appear on the national press or in the official sites in the months of May-July every year. The expected deadline for application submission is roughly one to two months after the announcement of notice in the newspaper. Final examinations are done in the month of November/December. Finals are selected in February-March each year. There also are some institutes which accept qualifying score in CAT/GMAT/GRE.
| Feature | Details |
|---|---|
| Full Form | Doctor of Philosophy (Commerce) |
| Duration | 3-6 Years (Full-Time) |
| Course Level | Doctoral |
| Eligibility | Master's Degree in Commerce (M.Com), MBA, or M.Phil (related field) with minimum marks (often 55%+) |
| Top Colleges (India) | Jamia Millia Islamia University, Banaras Hindu University (BHU), Indian Institute of Management Calcutta (IIM Calcutta) (Fellow Programme in Management - FPM), Christ (Deemed University), University of Delhi (DU) - Various Departments |
| Entrance Exam | Varies (University Entrance Exams, UGC-NET) |
1. A postgraduate diploma in commerce or relevant field with 1st or 2nd class honors.
2. Prepare an entrance exam like UGC NET, SET, SLET, GATE or similar equivalent score.
3. An applicant also may be required to sit for university entrance test combined with interview.
4. Some institutions also rely on experience at work to determine whether to admit an individual or not.
5. The candidate is required to have excellent writing and research skills among the other skills.
6. Recommendation letters from the previous institution helps in application.
1. UGC NET – A common National Eligibility Test conducted by NTA for determining the eligibility for the award of Junior Research Fellowship and eligibility for lectureship in Indian Universities and colleges.
2. CSIR-UGC National Eligibility Test: This is conducted for fellowships in Science Subjects. It is an assessment of a subject content and how well the student will perform in a research.
3. State eligibility tests held by the respective state governments for the post of lecturer. Addresses basic capabilities of teaching and research skills.
4. UPESEAT – UPI University Ph.D Entrance Test for admission to Ph.D programs. Assesses the ability to gather information, understand study content, etc.
5. IBSAT Test – IBSAT conducts this test for admission into the Ph.D in Management offered at ICFAI Business School. Quantitative section is there along with data interpretation etc.
| Subject | Important Topics |
|---|---|
| Research Methodology | Research Design, Literature Review, Quantitative & Qualitative Research Methods, Data Analysis Techniques, Hypothesis Testing |
| Advanced Accounting Theory | Financial Reporting Standards (IFRS), Accounting Standards in India, Management Accounting, Auditing & Assurance Standards |
| Advanced Business Economics | Econometrics, Microeconomic Theory, Macroeconomic Theory, Game Theory, Behavioral Economics |
| Advanced Financial Management | Investment Management, Portfolio Management, Risk Management, Financial Modeling, Security Analysis |
| Advanced Marketing Management | Consumer Behavior, Marketing Research Techniques, Marketing Strategy & Planning, Digital Marketing |
| Elective Courses (vary by specialization) | Taxation, International Business, Human Resource Management, Banking & Insurance, Entrepreneurship |
| Doctoral Seminar | Research Presentations, Peer Review, Current Research Topics in Commerce |
| Ph.D. Thesis | Topic Selection, Literature Review, Research Methodology, Data Collection & Analysis, Thesis Writing, Dissertation Defense |
1. Record and note down shortlisted universities and colleges which offer Ph.D. in Commerce with specialization and faculties and and rankings and other such criteria.
2. It will be necessary to do a comparative assessment of the eligibility requirements through educational qualifications, entrance test requirements, work experience etc that are prescribed by the universities.
3. This page contains instructions on how to apply to the program and how to submit and documents like transcripts, research proposal, letters of recommendation by the deadline.
4. Attend entrance exam if applicable and interview if the universities conduct one.
5. Await your admissions into the universities where you have been successful in your qualifications.
6. Submit a payment for the admission fees and confirm your admission.
| University Name | Location |
|---|---|
| Delhi School of Economics (DSE) - University of Delhi | Delhi |
| Jamia Millia Islamia University | Delhi |
| Banaras Hindu University (BHU) | Varanasi |
| University of Mumbai | Mumbai |
| Madras Christian College | Chennai |
| University of Calcutta | Kolkata |
| Lucknow University | Lucknow |
| Osmania University | Hyderabad |
| Annamalai University | Annamalainagar |
| Gujarat University | Ahmedabad |
| University Name | Location | Estimated Fees (1st Year) (INR) |
|---|---|---|
| Christ (Deemed University) | Bangalore | 1.00 Lakh - 1.50 Lakh |
| Symbiosis International (Deemed University) | Pune | 1.25 Lakh - 1.75 Lakh |
| Shiv Nadar University | Noida | 1.50 Lakh - 2.00 Lakh |
| SP Jain Institute of Management and Research (SPJIMR) | Mumbai | 1.75 Lakh - 2.25 Lakh (FPM Program) |
| Amity University | Various Locations | 0.75 Lakh - 1.25 Lakh |
| KIIT Deemed University | Bhubaneswar | 1.00 Lakh - 1.50 Lakh |
| Jain (Deemed-to-be University) | Bangalore | 1.00 Lakh - 1.50 Lakh |
| Woxsen School of Business | Hyderabad | 1.25 Lakh - 1.75 Lakh |
| Xavier Institute of Management & Entrepreneurship (XIME) | Bangalore | 1.00 Lakh - 1.50 Lakh |
| Specialization | Average Salary (Lakhs per Annum) |
|---|---|
| Accounting | 6.0 - 12.0+ |
| Finance | 8.0 - 15.0+ |
| Marketing | 5.0 - 8.0+ |
| Human Resource Management (HRM) | 5.0 - 8.0 |
| Business Analytics | 6.0 - 10.0+ |
