About PhD in Commerce Course Admission

PhD Commerce full form is Doctor of Philosophy in Commerce. It is a doctoral degree that falls under the umbrella degree of a PhD The aim of the course is to become experts in their respective fields and contribute to the expansion of the corporate world. The PhD in Commerce duration is three years which can be maximum extended to five years.

PhD in Commerce Admission 2023 requires students to have a minimum of 55% in their Master’s degree. The student must qualify with the required cut-off marks in entrance exams such as SLET, UGC -NET, BHU-RET, etc. PhD in Commerce subjects makes students well-equipped with various aspects of research methodologies and commerce.

PhD Commerce graduates can make a good career in a wide range of fields such as education, research, trading, and commerce. The average salary of a PhD in Commerce graduate is INR 9.80 LPA.

Why pursue PhD in Commerce?

A PhD in Commerce is specifically focused on business and commerce research. It is connected to research in the service, human resource, and management disciplines as well as in industries like agriculture, retail, product production, tourism, hospitality, science, and engineering. 

Management Skills: It focuses on forging connections or alliances, managing challenging situations, and maintaining the company's financial stability. It also develops, markets, and sells products and services. Reports are created using data acquired from the industry.

Obtain a competitive edge: Your employment will improve, and you'll be able to stand out from the crowd thanks to this training, which will increase its value in the market. 

Develop your abilities You can learn how to manage people in a more connected, international society by earning a doctorate in management. 

Stand out from the crowd by making a statement: This will help you in the marketplace.

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. 

Develop your critical thinking skills: Your skills will be improved by a solid management PhD structure, which will teach you how to produce independently and have the best comprehension. 

Who Should Pursue a Doctor of Philosophy in Commerce Course?

PhD courses are extensive in nature and require a lot of dedication. Below mentioned are points regarding who is suitable to pursue a PhD in Commerce:

Individuals are interested in academics and research in the subject of business and commerce.

Candidates having industrial experience in the field of commerce and wanting to develop domain expertise can enroll in the course.

People who want to work in government, economic research, or policy-making roles relating to trade and commerce can enroll in the course.

Eligibility Criteria of PhD in Commerce 

PhD in Commerce admission requires a candidate to fulfill a certain set of eligibility criteria. Below mentioned is the eligibility for PhD in Commerce course:

Admission for the PhD in Commerce courses in India requires the aspirants to complete their Masters with a minimum of 55% aggregate marks from any recognized board.

Students must clear the entrance examinations such as UGC NET, BHU RET, SLET, etc. 

There is no age limit to enroll in the course.

PhD in Commerce Entrance Exam Syllabus

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 behavior, 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 Behaviour

• 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

PhD in Commerce Admission Process

The admission to PhD in Commerce is conducted in various stages which are discussed below:

1. Step 1: The applicants must meet the eligibility criteria and fill out the application form or respective colleges.
2. Step 2: The candidate must clear the entrance exams for admission.
3. Step 3: After the written test or entrance exam, students are called for an interview process where they have to present their research proposal.
4. Step 4: After the final merit list is published student needs to complete the document verification and pay the fees.

PhD in Commerce Entrance Exams

PhD in Commerce admission includes entrance exams at national, state, and institute levels. The popular PhD in Commerce entrance exams are listed below, along with application details:

• UGC NET
• BHU UET
• SLET
• DET
• Aligarh Muslim Univesity PhD Entrance

Career Options After PhD in Commerce

There are many job opportunities available to Ph.D. in Commerce graduates in both the public and private sectors. The graduates of this course are exposed to many important research and commerce-related topics and skills. The most common roles for graduates are:

1. Business Development Officer
2. Chief Finance Officer
3. Financial Accountant
4. Finance Director
5. Assistant Professor
6. Researcher
7. Tax Examiner
8. Finance Controller
9. Management Accountant
10. Statistical Research Consultant

Areas of Recruitment for PhD Commerce

The PhD in Commerce course in India provides graduates with a large area of recruitment and scope of employment. The PhD in Commerce salary in India is very competitive and rewarding for the students as the education that the students get is very in-depth and detailed. PhD is a doctorate level of education that helps the students to learn about the topics in detail.

Listed below are some of the popular areas of recruitment for the PhD Commerce course:

• Business Houses
• Financial Organizations
• Banks
• Multinational Companies
• Educational Institutes
• Marketing Organizations
• Business Consultancies