PhD After MBA: Salary Breakdown

P.hd, Duration - 5 Years

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PhD after MBA is a doctorate level programme offered in various MBA specialisations including PhD Finance, PhD Marketing, PhD Operation Management, PhD Human Resource and others. The minimum requirement for this programme is a 2 year MBA degree with qualifying in either UGC NET or GATE exam. It generally takes about 5 years to pursue this course in India. This programme equips you with research oriented business topics providing you with a vast scope in teaching & research professions. Among the top management institutions in India FMS New Delhi, IIMs, BHU, IITs, are some of the most renowned ones.  

Top Specializations 

A list of some of the top specializations along with their description has been provided below for a better understanding: 

Specialisation 

Description

Business Economics

Combination of Economic analysis with business & other areas of focus are Development Economics, Behavioral Economics

Accounting 

Solving issues related to accounting using economics.  

Finance 

Prime focus points: International finance, Asset pricing, Portfolio Management, Corporate Finance, Macroeconomics

Operations, Information and technology 

Study of management of systems, networks and processes

Organisational Behavior 

Focuses on psychology, sociology and their impact on behavior within an organisation.

Marketing 

Focuses on solving marketing management issues faced by the firms. 

Salary Overview

A salary breakdown based on an individual’s position in the organisation has been given below:

Job position 

Salary 

Entry Level 

INR 8,00,000-10,00,000 per year 

Mid Level 

INR 10,00,000-20,00,000 per year 

Senior level 

INR 20,00,000 per year 

Salary based on the specialisations 

A salary breakdown based on the different specialisation along with the best institutions to pursue them from is given below:

Specialisation 

Best Institution

Average Salary 

FInance 

DOMS IIT Madras, IIFT New Delhi, AU Bangalore, Amity University, Noida

INR 5,00,000-14,00,000

Marketing 

KIIT Bhubaneswar, NU Ahmedabad, IIFT Kolkata, AU Bangalore, Amity University, Mumbai

INR 2,00,000-10,00,000

Operation Management 

IIM Kolkata, IIT Bombay, IIT Madras, IIM Kashipur, LIBA Chennai

INR 7,00,000-10,00,000

Organisation Behavior 

DU New Delhi, SJMSOM Mumbai, MDI Gurgaon, IIFT New Delhi

INR 4,00,000-8,00,000

Business Management 

FMS New Delhi, IIM Kolkata, DMS IIT Delhi, MDI Gurgaon, DOMBITS Pilani

INR 4,00,000-8,00,000

Business Administration 

IIM Ahmedabad, IIM Bangalore, IIM Calcutta, IIM Lucknow, XLRI Jamshedpur, MDI Gurgaon

INR 7,00,000-17,00,000

Human Resource Management 

IIM Kolkata, IIT Bombay, DOMS IIT Madras, KIIT Bhubaneswar, SU Greater Noida, NU Ahmedabad

INR 6,00,000-11,00,000

Commerce & Management 

ACCF Noida, GU Ahmedabad, Rama University, Kanpur, BU Tiruchirappalli, Amrita Vishwa Vidyapeetam, Kochi Campus, AFU Faridabad

INR 3,00,000-4,00,000

Management Studies 

MDI Gurgaon, LPU Jalandhar, DIT Dehradun, ABS Jaipur, DMS IIT Delhi

INR 2,00,000-20,00,000

Disaster Management 

Tripura University, Tripura, SIMATS Chennai, Jamsetji Tata School of Disaster Studies, Mumbai, Amity Institute of Disaster Management, Noida

INR 2,50,000-12,00,000

Banking & Finance 

MU Mumbai, PRSU Allahabad, KPB Mumbai, SPPU Pune, ISBR Business School Bangalore

INR 1,80,000-6,00,000

A breakdown of the several factors which influence the range of these salaries is given below: 

Factors

Influence 

Industry 

Industries which require both business acumen and research expertise are the ones which highly value this combination of PhD after MBA. 

Location 

Major cities and areas with higher cost of living tend to have higher salaries.

Work experience

Work experience before and after MBA specifically in the field related to Phd can highly boost the salary potential. 

Skills 

A PhD usually improves an individual’s skills of research methodologies, analytics, and data interpretation which are generally important for roles that require business acumen. 

Reputation of college 

Top tier business schools(MBA) and Research Intensive Universities(PhD) can influence salary prospects and career opportunities. 

Benefits of PhD after MBA are as Follow

  • Higher Earning Potential: Gives an individual to earn a salary which is more than what an individual with just an MBA earns. 
  • Career Advancement: A Phd can open direct doors to higher level positions and specialized roles.
  • The research element in PhD allows an individual to gain new business insights and the upcoming trends worldwide. 
  • It also opens the world of careers in academia with positions such as professorship and directorship. 

Employment Sectors and Job opportunities 

A breakdown of employment sectors and job opportunities which should be taken into account by a PhD after MBA graduates is given below: 

Employment Sector

Jobs 

Education 

A PhD degree essential to get a job as a professor or researcher in universities 

Consulting Firms 

PhD holders find lucrative positions in consulting firms and help these organisations in solving complex problems. 

Corporate Sector

A PhD graduate often moves to the position of a CEO or a COO where they can directly influence the company’s decisions. 

Government & NGO’s

The graduates can work as policy analysts thus providing insights on business policies and regulations 

Research & Development Sectors 

They focus on innovation & strategic development. 

Therefore, the prospect of pursuing a PhD after an MBA can be considered a highly strategic and forward looking long term investment particularly for those who wish to achieve influential positions in the academic world. This level of academic improvement equips an individual with the skills and knowledge that generally surpasses that acquired in an MBA. Also the practicality from the MBA degree and the rigorous academic research from the PhD creates a unique blend of strategic thinking and theoretical insights. 

This academic progression enhances an individual's academic credibility as well as professional esteem making them experts in their chosen field. This is a path that can set a student apart from their peers and consequently opens global opportunities including academic appointments, senior research positions in think tanks and policy institutions as well as high paying consulting roles. Moreover, the credentials of a PhD can also improve the individual’s earning capacity offering them higher salary brackets and long term growth prospects on a global scale. It has become one of the most sought after programs for those seeking to enhance their skills grow professionally and get better income opportunities.

Top Recruiters

Dell Dell
Amazon Amazon
American Express American Express
Bank of America Bank of America
Cognizant Cognizant
Central bank of india Central bank of india
Cadbury Cadbury
axis bank axis bank
Bank of  India Bank of India
Deloitte Deloitte
Deutsche Bank Deutsche Bank
evalueserve evalueserve
Hindustan Unilever Limited Hindustan Unilever Limited
Hewlett-Packard (HP) Hewlett-Packard (HP)
HPCL HPCL
IBM IBM
infosys infosys
ING Vysya Bank ING Vysya Bank
Indian Oil Corporation Ltd (IOCL) Indian Oil Corporation Ltd (IOCL)
ITC ITC
Larsen & Toubro Ltd. Larsen & Toubro Ltd.
max newyork life max newyork life
microsoft microsoft
Google Google
HDFC HDFC
ongc ongc
patni computers patni computers
power finance corporation power finance corporation
rbs rbs
samsung samsung
siemens siemens
tata tata
TCS TCS
Wipro Wipro
Affine analytics private limited Affine analytics private limited
FLIPKART FLIPKART
3DPLM Software Solutions Limited 3DPLM Software Solutions Limited
ADP Private Limited ADP Private Limited
Blue Star Blue Star
Computer Science Corporation Computer Science Corporation
DRDO DRDO
Fidelity Fidelity
Fortis Healthcare Fortis Healthcare
Grasim Industries Grasim Industries
India today group India today group
Reckitt Benckiser (I) Pvt. Ltd Reckitt Benckiser (I) Pvt. Ltd
Standard Chartered Bank Standard Chartered Bank
Accenture Accenture
Altair Altair
Asian Paints Asian Paints

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