PhD in Commerce

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PhD in Commerce

Diving into the intricate technicalities of the field of Commerce and Business, Management and Finance, Actuarial Science and Taxation, and everything in between, a PhD in Commerce is one of the highest academic qualifications. The duration of a PhD in Commerce is 3 years and the basic eligibility is a master’s degree in a closely related discipline and some university might also ask for scores of certain entrance exams like UGC-NET. The major universities and colleges for PhD in Commerce in India include the University of Delhi, IGNOU, Jamia Milia Islamia, etc. while you can explore top universities abroad as well. Read this blog to know all about a doctorate in Commerce, its eligibility, specialisations and topics, subjects, top universities, salary, jobs and more.

Degree Doctorate Level
Duration 3 years
Basic Eligibility A master’s degree
Entrance Exam UGC-NET, SLET, GATE, GRE, etc.
Average Fees
(India & Abroad)
INR 20,000 to upto 50 Lakhs
Salary ₹979,592 (Payscale)
Jobs Business Analyst
Operations and Research Analyst
Chief Financial Officer
Technical Writing
Academician

About PhD in Commerce

Counted amongst the popular courses for commerce students, as a candidate for PhD in Commerce, you can choose a subfield including, but not limited to Accounting, Marketing, Taxation, Human Resources, Strategy, IT Management, Consulting, and Finance. Furthermore, since these commerce subjects are quite vast in themselves, you are required to pick a deep-lying and relevant topic of research that accentuates their strong points. While the duration of a PhD varies according to the country of an institution, most have an average length of 3-8 years. Important components in this respect include:

  • Research Projects
  • Relevant Coursework
  • Teaching Practicum
  • Examinations
  • Fieldwork
  • Surveys, which together contribute towards the preparation of a long and comprehensive dissertation.

Must Read: PhD After MCA

Research Specialisations and Topics for PhD in Commerce

While the topics chosen by a PhD in Commerce students may differ as per his inclinations, here are a few broad topics/specialisation choices you can expect to explore during your course:

  • International Financial Reporting
  • Strategic Cost Management
  • Business Forensics
  • Accounting Information Systems
  • Audit Technology
  • Capital Markets-based Accounting Approach
  • Revenue Management
  • Business Intelligence
  • Enterprise Risk Management
  • Market Volatility

PhD in Commerce Colleges in India

PhD in Commerce is a popular course in India and is offered by many top colleges and universities such as the University of Delhi, IGNOU, Rama University, and more. Let’s first take a look at the popular universities and colleges for PhD in Commerce in India:

  • University of Delhi
  • Indira Gandhi University of Open Learning (IGNOU)
  • Delhi School of Economics
  • Amity University, Jaipur
  • SRM University, Delhi
  • Gujarat University, Ahmedabad
  • St.Xavier’s College, Kolkata
  • Loyola College
  • Christ University, Bangalore

Eligibility Criteria

Here are the major requirements for PhD in Commerce in India:

  • The student must have completed a master’s degree in Commerce or an MPhil with a minimum of 55% marks from a recognised university.
  • Many universities in India also require applicants to qualify the UGC-NET exam for admissions into a PhD in specialisation of Commerce.
  • Work experience of 2-4 years is also preferred thought not mandatory.

PhD in Commerce Abroad

Owing to widespread interest in commerce and its related subfields of accounting, management, business, marketing, etc the specializations or tracks, if offered, may vary drastically. Here we list down a few the top universities offering a PhD in Commerce apart from the seven Ivy League institutions, University of Cambridge and University of Oxford, which have been recurrently recognised for their quality of education, expert faculty, bright career prospects and more.

Top Universities for PhD in Commerce Abroad

University Location THE Rankings 2020 PhD in Commerce Courses
University of California, San Diego USA 31st PhD in Management
The University of Melbourne Australia 32nd PhD in Accounting
PhD in Actuarial Studies
PhD in Management
PhD in Marketing
The University of British Columbia Canada 34th PhD in Business Administration in Accounting
PhD in Business Administration in Finance
PhD in Business Administration in Management Information Systems
The University of Hong Kong Hong Kong 35th PhD {Faculty of Business & Economics}
King’s College London UK 36th PhD Management Research
Georgia Institute of Technology USA 38th PhD in Management
University of Manchester UK 55th PhD in Business & Management
PhD in Developmental Policy & Management
PhD Fashion Marketing & Management
Erasmus University Rotterdam Netherlands 69th PhD in Management
University of New South Wales Australia 71st PhD in Management
PhD in Accounting
PhD in Banking & Finance
PhD in Marketing
PhD in Risk & Actuarial Studies
PhD in Taxation & Business Law

Requirements for PhD in Commerce Abroad

In order to study abroad in a PhD in Commerce program, one is required to follow a few steps.

  • If the university requires, you may have to get in touch with the prospective supervisor or professor beforehand whom you intend to work with.
  • In addition to that, preparing a strong research proposal that underlines your future research inclinations is also important.
  • Official GRE or GMAT and IELTS or TOEFL scores along with copies of official transcripts, CV, SOP, LOR may also be required.
  • If you are planning to pursue a dual degree, then you can read our blog on Integrated Ph.D. to know more.

Salary and Jobs After PhD in Commerce

From Academia to Private companies, the employment opportunities after obtaining a PhD in Commerce largely depends on the specialisation you choose. Some of the popular work areas and profiles have been given a rundown below:

Areas of Employment
  • Commercial Banks
  • Insurance Companies
  • Financial Institutions like SIDBI, EXIM Banks, etc.
  • Brokerage Firms
  • Stock Exchanges
  • Regulatory Bodies
  • Insurance Corporations
  • FMCGs
  • International Organisations like World Bank, IMF, Asian Development Bank, etc.
Jobs after PhD in Commerce
  • Business Analyst
  • Lecturer/Professor/Academician
  • Operations and Research Analyst
  • Chief Financial Officer
  • Technical Writing
  • Big Data Analyst
  • Investment Banker
  • Portfolio Management Specialist
  • Financial Analyst
  • Statistician
  • Risk Analyst
  • Equity Research Analyst

The average salary of a PhD in Commerce graduate is ₹979,592, i.e. around 9.8 Lakhs approx. per annum.

FAQs

Can we do PhD in commerce?

Yes, you can do a PhD in commerce which is a 3-8 years long course. It gives you a deeper knowledge of commerce and accounting.

What are the subjects for PhD in commerce?

You can select any specialization offered by the university/organization. Some of the popular ones are as follows:

Project Management
Business Administration
Entrepreneurship
Finance
Marketing
Management, Organization & Leadership
Accounting
Public Administration

Can I do PhD after MCOM?

Yes, you can do PhD in Commerce after MCom, provided your academic qualifications match the criteria set by the university you plan to join.

Is UGC NET compulsory for PhD?

Yes, if you want to pursue a PhD course in India, then UGC NET is mandatory. However, no such requirement is there if you want to pursue this course from abroad.

If you intend to pursue a PhD in Commerce but feel hesitant as to how to go about the whole process, consult our team of experts at Leverage Edu through a free 30 minutes counselling session and take a step towards building a vibrant career in research

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