Register & enjoy the perks of a Universal College Application, Easy Process, Time-saving, and Free Contact details and Brochures.
Monthly Users
Monthly Applications
Admissions
No Result Found
Updated on 29th February, 2024 , 8 min read
A PhD in Commerce is a 3-6-year doctoral program. It focuses on fields that include academics, research, consulting, and entrepreneurship. Students can pursue jobs as assistant professionals, finance analysts, or trading managers.
A PhD in commerce is a fantastic choice if a student wants to specialize in commerce. The syllabus includes topics such as accounting, marketing, taxes, human resources, and finance, among other related fields.
PhD in Commerce eligibility means that a student must have earned at least 55% on their master's in commerce or MPhil from a recognized university. In some universities, to pursue a PhD in commerce, candidates must also pass the UGC-NET exam.
PhD in Commerce admission is done through the eligibility criteria, which is a master’s degree in commerce or philosophy with an average of 55% through a recognized university.
PhD in Commerce job profiles include those of university professors, researchers, economists, corporate strategists, and many more.
The average fees for a PhD in Commerce range from INR 20,000–2,00,000. Some of the top colleges that give admission to PhDs in commerce are Jamia Milia Islamia, BHU and Amrita Vishwa Vidyapeetham University.
Details | Particulars |
Course Name | PhD in Commerce |
Course Level | Doctor of Philosophy |
Course Full Form | Doctor of Philosophy in Commerce |
Course Duration | 3-6 Years |
Course Types | Full time/Distance Education |
Admission Process | Merit and Entrance Based |
Eligibility Criteria | Must have a qualifying master’s degree in commerce, MBA, or M. Phil or equivalent with a minimum aggregate of 55% or higher. |
Course Fees | INR 20,000-2,00,000 |
Top Colleges | Jamia Milia Islamia, BHU and Amrita Vishwa Vidyapeetham University. |
Average Salary in India | INR 6 – 40 LPA |
Job Profiles | University Professors, Researchers, Economist, Corporate Strategists. |
A PhD in commerce is specifically focused on business and commerce research. It is connected to human resources and management disciplines as well as industries like agriculture, retail, product production, tourism, hospitality, science, and engineering.
Management Skills: It focuses on forging connections, managing challenging situations, and maintaining the company's financial stability.
Obtain a competitive edge: Your employment will improve, and you'll be able to stand out from the crowd thanks to this training.
Develop your abilities You can learn how to manage people in a more connected, international society by earning a doctorate in management.
Develop your talents as a scholar-practitioner. A PhD in management will offer you the knowledge and confidence to attend academic conferences and give presentations there.
PhD in Commerce will be suitable for the following people:
A PhD in Commerce is a prestigious and advanced academic program that offers in-depth exploration and expertise in various aspects of commerce, economics, business, and related fields. This program is designed for individuals who aspire to make significant contributions to the field through original research, critical analysis, and scholarly inquiry. The course duration for a PhD in Commerce in India typically ranges from 3 to 6 years, during which students engage in a comprehensive journey of learning, discovery, and intellectual growth.
PhD in Commerce in India normally costs anywhere between INR 20,000-2,00,000. Depending on the university, college, and region, different PhD in Commerce programs may have different costs. Given below is an overview of the fees for this course.
Government Colleges/Universities: In comparison to private colleges, the cost of an PhD in Commerce at government institutions is significantly lower. The annual fees for students in the general category might be anywhere from INR 50,000 – 2.5 Lakhs per year.
Private Colleges/Universities: The fee in a private institution is generally higher and can also vary depending on the college's standing and location. The costs typically range from INR 80,000 - 40 Lakhs or more.
Note: Students in the reserved categories (SC/ST/OBC/EWS) may pay less in tuition or be eligible for fee exemptions or grants in both government and private institutions.
Given below is a list of the top colleges that offer PhD in Commerce in India along with their fees:
Name of the College/University | Average Annual Fees |
INR 7,730 | |
INR 1,22,000 | |
INR 90,000 | |
INR 36,000 | |
INR 1,02,000 | |
INR 16,000 | |
INR 1,01,600 | |
INR 1,50,000 | |
INR 12,500 | |
INR 3,52,000 |
It is highly recommended that aspirants score well in their postgraduate examinations and prepare well for the entrance exam. Given below is an overview of the admission process for PhD in Commerce:
PhD in Commerce entrance exam syllabus may vary slightly depending on the college or university. However, here are some common topics that are usually included in the syllabus:
Subjects | Topics |
Research Methodology | Knowledge of research methodologies, research design, data collection, and data analysis techniques. |
Financial Management | Principles of financial management, financial analysis, capital budgeting, and financial decision-making. |
Marketing Management | Concepts in marketing, consumer behaviour, marketing strategies, and marketing research. |
Microeconomics and Macroeconomics | Concepts and theories related to microeconomics (individual economic agents) and macroeconomics (economy as a whole). |
Quantitative Techniques | Mathematical and statistical tools used in commerce research, including regression analysis, hypothesis testing, and probability. |
Organizational Behavior | understanding human behavior in organizations, motivation, leadership, and group dynamics |
Accounting and Auditing | Financial accounting principles, auditing standards, and corporate financial reporting. |
E-commerce and Information Technology | Concepts related to electronic commerce, digital marketing, and information technology in commerce. |
A PhD in Commerce program typically offers a range of subjects and areas of specialization that can vary based on the university, faculty expertise, and research. Here are some common subjects and areas of specialization that one might find in a PhD in Commerce program:
Subject | Topic |
Accounting | Financial Accounting Managerial Accounting Auditing and Assurance Accounting Information Systems International Accounting Standards |
Finance | Corporate Finance Investment Management Financial Markets and Institutions Behavioral Finance Derivatives and Risk Management |
Marketing | Consumer Behavior Brand Management Digital Marketing Marketing Research International Marketing |
Management | Strategic Management Organizational Behavior Human Resource Management Operations Management Entrepreneurship |
Economics | Microeconomics Macroeconomics Economic Development International Trade and Finance Applied Economics |
Supply Chain Management | Logistics and Distribution Supply Chain Strategy Inventory Management Procurement and Sourcing |
Business Ethics and Corporate Governance | Ethical Issues in Business Corporate Social Responsibility Corporate Governance Practices |
E-Commerce and Information Systems | E-Commerce Strategies Information Systems Management Business Analytics and Big Data |
International Business | Cross-Cultural Management International Trade Policies Global Supply Chain Management |
Taxation | Direct Taxation Indirect Taxation International Taxation |
Sustainability and Green Business | Sustainable Business Practices Environmental Management Green Marketing |
PhD in Commerce syllabus will vary from college to college; however, given below is an overview of the topics in each semester and year:
PhD in Commerce Syllabus: 1st Year | |
Semester – 1 | Semester – 2 |
Data Analyst for the Research Method | Literature Review |
Introduction to Research Methodology | Writing Research Proposal |
Research report writing | Presentation |
Data collection and Sampling | - |
PhD in Commerce Syllabus: 2nd Year | |
Semester – 3 | Semester – 4 |
Contemporary Research in Accounting | Contemporary Management Theory |
Capital Market Theories | Classical Management Theory |
Accounting Theory | Theory of Entrepreneurship I |
Basic Economic Concepts | Theory of Entrepreneurship II |
Corporate Finance Theories | - |
PhD in Commerce Syllabus: 3rd Year | |
Semester – 5 | Semester – 6 |
Research Project | Research Project |
Research Project | Research Project |
Given below are the names of some recognized books along with their authors in the field of Commerce that a candidate must read to gain further knowledge in the course:
Name of the Book | Author’s Name |
Principles of Operations Management | Jay Heizer and Barry Render |
Business Ethics: A Textbook with Cases | William H. Shaw |
Principles of Marketing | Philip Kotler and Gary Armstrong |
Financial Management: Theory and Practice | Eugene F. Brigham and Michael C. Ehrhardt |
Research Methodology: Methods and Techniques | C.R. Kothari |
Business Research Methods | Donald R. Cooper and Pamela S. Schindler |
International Economics" | Paul Krugman and Maurice Obstfeld |
Organizational Behavior | Stephen P. Robbins and Timothy A. Judge |
Managerial Economics | William F. Samuelson and Stephen G. Marks |
Quantitative Techniques for Managerial Decisions | R.S. Sharma |
Human Resource Management | Gary Dessler |
Business Law: Text and Cases | Kenneth W. Clarkson and Roger LeRoy Miller |
A PhD in Commerce opens a wide range of job opportunities in business and related fields. Given below is an overview of some of the key job roles that PhD in Commerce graduates can explore:
Job Profile | Job Description |
Professor/Assistant Professor/Associate Professor | Teach, conduct research, and publish scholarly work in universities and colleges. |
Business Consultant | Provide expert advice to businesses on various aspects, such as strategy, management, and operations |
Financial Analyst | Analyze financial data, trends, and investment opportunities to guide decision-making. |
Market Research Analyst | Study consumer behavior, market trends, and competition to inform marketing strategies. |
Research Scientist | Engage in advanced research projects, contribute to publications, and collaborate with research institutions. |
International Trade Specialist
| Assist organizations in navigating international trade regulations, agreements, and expansion. |
Entrepreneur/Startup Founder | Start and lead your own business venture, leveraging your commerce expertise and innovative ideas. |
PhD in Commerce salary ranges from INR 6 – 40 LPA. This can vary widely based on factors such as job role, years of experience, geographical location, company size, and industry sector. Below is a general salary overview for some key job roles in holding a PhD in Commerce:
Job Profile | Average Salary |
Professor/Assistant Professor/Associate Professor | INR 8 – 15 LPA |
Business Consultant | INR 5 – 15 LPA |
Financial Analyst | INR 3 – 10 LPA |
Market Research Analyst | INR 3 – 8 LPA |
Research Scientist | INR 6 – 12 LPA |
International Trade Specialist | INR 4 – 12 LPA |
Entrepreneur/Startup Founder | Depends on the growth and success of the startup or business. |
Given below is a list of the top recruiters for PhD in Commerce graduates in India:
Was this Article Helpful/Relevant or did you get what you were looking for ?
👍 1,234
👎234
PhD in Economics: Courses, Syllabus, Top Colleges, Scope & Salary 2023
By - Imtikokba Jamir 2023-08-18 06:26:06 , 8 min readPhD in Commerce: Fees, Syllabus, Eligibility, Top Colleges, Salary 2024
By - Shivam Kumar 2024-02-29 06:15:47 , 8 min readPhD in Commerce is a research-based doctoral course that can be pursued after completing a master’s degree. The actual length of the course depends on the research.
PhD in Commerce takes a minimum of 3 years of duration to get completed and can be studied up to a maximum of 6 years.
The average salary of a PhD in Commerce holder may vary depending on the industry and profile but the average salary ranges INR 6,00,000 to INR 12,00,000/year.
You can choose a subfield including, Accounting, Marketing, Taxation, Human Resources, Strategy, IT Management, Consulting, and Finance.
Yes, it is worth it. You may have a fantastic career chance if you pursue a specialization-based PhD in commerce. For business majors who have a desire for conducting an in-depth study on a subject relating to business, economics, or commerce, this is an advanced-level degree program.
Indira Gandhi National Open University, also known as IGNOU, Provides a distance mode Doctorate degree in various specializations such as English, Hindi, Psychology, Economics, Commerce, Science etc. The PhD degree in commerce program is of three years duration.
Yes, In Fact it is a good idea to do PhD after completing your master’s degree If you're interested in the arena of academics.
The eligibility criteria for a PhD in Commerce is that the student must have completed a master’s degree in commerce or a master’s degree in Philosophy with a minimum of 55% through a recognized university.
No, the eligibility criteria itself states that the student must have done a master’s degree in commerce with 55% through a recognized college.
In some universities students must clear the entrance examinations such as UGC NET, BHU RET, SLET, etc. There is no age limit to enroll in the course.
communication@collegesearch.in
+91 84482 99862 
Download Brochure
