phd after mcom

12 Best Career Options after M.Com: What to do After M.Com? [2024]

In this article, you will learn about the 12 Best Career Options after M.Com. Take a glimpse below.

• Enrol in an MBA Program
• Become a Chartered Accountant
• Consider doing the ACCA course
• Pursue Company Secretaryship
• Earn the CMA credential
• Complete the CFA course
• Obtain a CPA license
• Become an FRM-certified professional
• Crack the CFP exam
• Get into digital marketing
• Get CIB certified
• Pursue a career in teaching and research

Read the full article to know more details like Salary Range, career scope etc.

What to do after M.Com?

How many of you wonder which are all the best career options after M.Com? Master of Commerce (MCom) is a popular two-year postgraduate degree offered by several recognized universities in India. Its curriculum is a level up from the concepts that you learn about in a BCom program. Typically, students opt for an MCom qualification to delve deeper into the professional spheres of accounting, taxation, banking, finance, and insurance.

But choosing a career path from a variety of alternatives without any guidance can prove tricky. It is not easy to find high paying jobs for M.Com graduates if one has not chosen the right courses after M.Com. One has to know the list of all job opportunities after M.Com to select the right one.

You can also check out our free courses offered by upGrad in Management, Data Science, Machine Learning, Digital Marketing, and Technology. 

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If you, too, are a young graduate and wondering what jobs to do after M.Com , this article is for you. As a commerce student, you get exposure to a plethora of business and management-related subjects. So, you would have gained the foundational knowledge upon which you can build a dynamic career. We have compiled a list of prospective work lines below that you can explore after attaining an MCom degree. 

Enrol on digital marketing programs and dive into the digital era.

Career Options After MCom

Below is a list of some great courses after M.Com job opportunities which you can choose.

1. Enroll in an MBA Program

MBA is the most popular course available for students & one of the  best courses after M.Com, not just graduating from commerce but any other field. An MBA degree finds a place among the most preferred options among candidates who want to qualify for managerial positions and advance their careers. While studying MCom, you learn about business, economics, stock markets, accountancy, among other things. But when you pursue higher education in business administration, you also learn how to apply your technical know-how to solve problems and help organizations grow. 

After earning an M.Com, enrolling in an MBA program has several appealing advantages that make it a wise decision for both professional and personal development. Statistics reveal that the employability of Indian MBA graduates has increased to 60% in 2023 . The jobs after M.Com added with an MBA give wider opportunities to the aspirant, for instance: 

• Expanded Career Prospects

Managerial Roles: An MBA prepares you for managerial and leadership roles in a variety of industries by giving you the know-how to successfully manage teams and negotiate challenging business situations.

Versatility: An MBA gives you a broad skill set that allows you to choose a job that permits you to switch between different industries or roles.

• Developing Leadership

Strategic Thinking: MBA programs place a strong emphasis on problem-solving, critical thinking, and strategic decision-making. These skills develop your capacity to assess situations and make well-informed managerial decisions.

Team Management: Mastering interpersonal skills, communication, and team management—all crucial components of good leadership—is the main emphasis of leadership courses in MBA programs.

Check out our programs  – MBA from Golden Gate University ,  MBA from Deakin Business School &  Post Graduate Diploma in Management From BIMTECH

Most MBA programs follow a case study pedagogy to equip students with the critical thinking and decision-making capabilities. Nowadays, leading academic institutions are offering Global MBA degrees online on platforms like upGrad. These are accredited courses that allow you to continue your academic pursuits and get mentored by industry experts in a flexible learning environment. Additionally, you can specialize in a particular field such as business analytics, digital finance, and banking, etc. 

Looking to leverage your commerce background? Dive into the wide range of career options for commerce students and unlock the door to numerous opportunities that await you in the business world.

According to payscale, the average salary of MBA graduates is 7.2 LPA in India.

List of popular companies for MBA graduates:

Read: 14 Best Career Options after B.Com: What to do After B.Com?

2. Become a Chartered Accountant

Chartered Accountancy or CA has proven to be one of the top-most career options after MCom . You are eligible to take the exam right after high school, but it demands dedicated preparation. After qualifying the three stages of CPT, IPCC, and Finals, you will need to complete an articleship of 2.5 years to practice professionally. Many talented CA graduates find employment in the ‘Big 4’ accounting firms—namely Deloitte, KPMG, EY, and PwC—earning an average annual salary of INR 8 lakh. CA is one of the best courses after M.Com for getting good jobs and salaries .

Average salary of CA graduates is Rs. 7.9 LPA in India

Top employers for CA graduates:

Becoming a Chartered Accountant (CA) presents a number of noteworthy benefits and chances for career advancement. After M.Com job opportunities for a CA depends heavily on his skills. The following are strong arguments in favor of obtaining a CA certification after M.Com courses :

• Domain-Specific Knowledge

Accounting Knowledge: Greater depth in accounting principles, taxation, auditing, and financial management is provided by the CA program, which offers specialized knowledge not covered by M.Com.

Practical Training: Articleship component of the CA program gives students hands-on experience in accounting, auditing, and taxation procedures in the real world, which boosts their employability.

• Elevated Industry Need

Coveted Qualification: In the corporate, public, consulting, finance, and other sectors, the CA designation is highly valued and in demand.

Numerous Career Paths: Certified Public Accountants (CAs) can pursue a wide range of careers, from positions in senior finance in corporations to positions in Big 4 accounting firms.

• Flexibility and Range

Worldwide Recognition: The CA credential is accepted around the world, opening doors to employment in international markets and conglomerates.

Different Roles: Certified Public Accountants (CPAs) have a wide range of career options, including roles in accounting, auditing, taxation, financial management, consulting, and advisory.

Curious about the most lucrative career paths in commerce? Explore our detailed guide on the highest paid jobs in India in commerce , and aim for a prosperous future in the business world.

salary of CA graduates Experience Wise

3. Consider doing the ACCA course

If you wish to work in accounting and finance, you can also consider pursuing the ACCA Course (Chartered Certified Accountant) qualification provided by the Association of Chartered Certified Accountants (ACCA) institute. The two-year course is highly valued in multinational corporations. But before you become an official ACCA member, you will also need to complete three years in a practical setting.

The minimum eligibility is a 10+2 educational qualification with at least a 65% aggregate score in Math, Accounts, and English and 50% in other subjects. So, many students from the commerce stream enroll in the program during their undergraduate studies only. But even if you are an MCom student, your sound understanding of accounting concepts will help you in clearing the exams. ACCA is one of the most preferred courses after M.Com.

Still wondering after M.Com which course is best ? Enrolling in the ACCA program might be the best answer. With its many benefits, it will improve your professional prospects and fit in with your career goals. The following are compelling reasons to go after the ACCA certifications for your career after M.Com :

• Recognition on a Global Scale

Global Acceptance: ACCA is respected and well-known throughout the world, providing employment opportunities in a number of nations and multinational companies.

International Accounting Standards: By providing you with knowledge in line with these standards, ACCA allows you to pursue career opportunities that transcend national boundaries.

• All-encompassing Skill Set

Curriculum Variety: ACCA offers courses on financial accounting, management accounting, taxation, auditing, and strategic business management, among other accounting and finance subjects.

Practical Applications: The program places a strong emphasis on practical application, equipping you with the skills necessary to handle real-world situations and obstacles in accounting and finance roles.

Multinational companies have a high demand for the graduates of this course and pay a salary ranging from  5 to 16 lakhs.

Top companies hiring ACCA

ACCA Salaries With Job Roles

4. Pursue Company Secretaryship

If you are wondering what to do after M.com  for good job opportunities ,  Company Secretary (CS) is one of the many pivotal job roles in an organization. A Company Secretary (CS) looks after the legal compliance and regulatory requirements of public and private sector companies. The three stages of the CS course include a Foundation, Executive, and Professional. The candidates also have to undergo 15 months of practical training, after which they become an Associate CS and earn an ICSI membership. ICSI refers to the Institute of Company Secretaries of India, which is the only recognized body providing the CS course in the country, boasting of more than 62,000 members. 

Pursuing a career as a company secretary is one of the best courses after M.Com for the following reasons:

• Harmonious Skill Set

Legal and Corporate Expertise: In addition to the financial expertise obtained from an M.Com, company secretaryships offer specific knowledge in corporate laws, governance, compliance, and secretarial practices.

Comprehensive Understanding: CS courses extend your knowledge beyond accounting and finance by covering legal, secretarial, and administrative topics.

• Knowledge of Corporate Governance

Regulation Adherence: CS qualifications emphasize upholding corporate laws and governance practices, which equips you with the skills necessary to keep organizations compliant with laws and regulations.

Board Advisory Role: CS specialists frequently serve as counselors to the board of directors, offering advice on corporate strategy, legal issues, and compliance needs.

The salary range of CS in India ranges between Rs 4 – 10 LPA. According to PayScale the average salary of CS is Rs. 5.8 LPA.

Company Secretary Salaries in India

5. Earn the CMA credential

Certified Management Accountant (CMA) is a professional course requiring aspirants to complete two stages of examination and gain two years of work experience. This prestigious credential is offered by the IMA, an association based in the United States, and enjoys global recognition which made this one of the best courses after M.Com.

CMA-certified individuals are acknowledged for their expertise in two core areas – management accounting and financial management. They are expected to be knowledgeable in financial analysis, planning, control, and decision support. You will find that corporate recruiters prefer hiring CMA holders for such profiles. CMA is one of the preferred courses after M.Com .

If you are still wondering, ‘what can i do after M.Com?’, obtaining the Certified Management Accountant (CMA) credential can greatly enhance your career prospects within the financial management industry. The following reasons show how:

• Expertise in Management Accounting

Focused Expertise: The CMA gives you specialized knowledge in management accounting with a focus on cost control, performance assessment, and strategic financial management.

Decision-Making Skills: The main goal of CMA courses is to improve your capacity to make data-driven financial decisions, essential for the success of organizations.

• Demand in the Industry and Professional Growth

High Demand: Because of their proficiency in cost management, strategic planning, and financial analysis, jobs after M.Com for CMA qualified professionals are in high demand.

Career Progression: CMA credentials open doors to senior managerial roles in accounting and finance departments, providing ample opportuniy for professional growth.

Average salary of CMA is Rs. 8.1 LPA in India

List of top employers for CPA

Also read: Career options in science after graduation

Certified Management Accountant (CMA) Salary in India

6. Complete the CFA course

CFA is one of the best courses after MCom. CFA stands for the Chartered Financial Analyst program. Offered by the US-based CFA institute, it presents a great doorway into the world of investment and finance. The program covers topics related to financial analysis, bonds and derivatives, portfolio and investment management, etc. Once you are through with the three tiers of CFA, you can be hired by some of the top global financial firms, such as Goldman Sachs, JP Morgan, Royal Bank of Canada, and Morgan Stanley. 

Also, Check out online degree programs at upGrad.

To be eligible to take the Level-I exam, you should be in the final year of your undergraduate degree. Although the duration of the course is 2.5 years, it takes an average of four years to attain the tag of a CFA Charter. 

Are you still worried about which M.Com specialization is best after earning an M.Com? Take a look at the advantages CFA certification offers to make up your mind.

• Comprehensive Financial Understanding

Extensive Curriculum: The CFA program offers a deep understanding of financial concepts by delving into financial analysis, investment management, portfolio management, ethics, and economics.

Quantitative Skills: It places a strong emphasis on quantitative analysis, giving you the tools you need to successfully assess and manage investment portfolios.

• Emphasis on Investment and Portfolio Management

Specialized Knowledge: The CFA program prepares candidates for positions in investment banking, asset management, and financial planning by concentrating primarily on investment analysis, asset valuation, and portfolio management.

Risk Managerial Skills: The program strongly emphasizes risk assessment and management, which are essential in modern day intricate financial markets.

Average salary of Chartered Financial Analyst is Rs. 6.6 LPA

How the city you work affects your pay:

Salary range of Chartered Financial Analyst in India

Checkout:  Highest Paying Commerce Jobs in India

7. Obtain a CPA license

One of the most prevalent career options after M.Com  is the Certified Public Accountants certification. CPAs attain their designation from the American Institute of CPAs or AICPA. Individuals who possess a CPA license have an in-depth understanding of the Generally Accepted Accounting Principles (GAAP) and a robust accounting background. To acquire the certification, you will have to take a rigorous four-part exam. 

Now, let us understand what CPAs do in a company. Basically, they perform the financial statements auditing and attestation functions, helping investors know about the financial health of a firm. They also provide taxation and financial planning advice to individuals and organizations. 

CPA is one of the many courses you can pursue if you are looking for answers to which courses are available after M.Com. Earning a Certified Public Accountant (CPA) license has many benefits and opportunities in accounting, finance, and auditing.

• Professional Trust and Credibility

Credibility and Trustworthiness: Professional competence, adherence to high ethical standards, and a commitment to upholding financial integrity are all indicated by holding a CPA license.

Client Confidence: Because of their knowledge of finances and adherence to accounting rules, CPAs are frequently trusted by both employers and clients.

• Practice privileges and regulatory requirements

Regulatory Requirements: To ensure adherence to legal standards, several jurisdictions mandate a CPA license for specific accounting and auditing roles.

Practice Privileges: Signing and certifying financial statements is a common privilege for CPAs, which strengthens their role in assurance and auditing services.

The average salary of CPAs in India is Rs. 6.9 LPA.

8. Become an FRM certified professional

Still, need options for jobs after M.Com with a good salary ? Risk Management is a thriving industry in today’s dynamic financial market. FRM is an excellent option for those looking for short-term courses. To earn the designation, you have to undergo a nine-month program facilitated by the Global Association of Risk Professionals or GARP. The examinations are conducted in two rounds, in May and November.

An FRM certification is an indicator of your ability to identify and analyze potential financial threats. As a financial risk manager, you can offer your services in diverse domains like credit and market risk, financial services, trading,   sales and marketing . Payscale assesses the average salary of FRM professionals to be between 10 to 18 lakh per annum.

After M.Com, which course is best? In the field of risk management and finance, earning an M.Com grants you access to various benefits, one of which is becoming a certified Financial Risk Manager (FRM) professional. The following are strong arguments in favor of obtaining the FRM certification:

• Proficiency in Risk Assessment

Comprehensive Understanding: Having earned an FRM certification gives one access to extensive knowledge of market, credit, operational, and liquidity risk as well as financial risk management.

Analytical Skills: FRM gives you the sophisticated quantitative abilities you need to recognize, evaluate, and control the many kinds of financial risks that businesses face.

• Practical Skills Relevant to the Industry

Real-World Application: Case studies, simulations, and hands-on exercises are all part of FRM programs, which give students practical experience managing actual financial risks.

Quantitative Techniques: Because FRM is centered around quantitative analysis, you can make use of advanced risk management models and tools.

After completing this course, your average salary range will be anywhere between Rs 10 – 18 LPA in India.

Top employers for Risk Manager in India

9. Crack the CFP exam

One of the most popular career options after M.Com is doing CFP course. CFP is another short-term course that can help you find avenues in the finance and insurance sectors. Although the course duration is six months, you need to perform well in other parameters to practice as a Certified Financial Planner. These requirements include your educational performance, demonstrated work experience, and professional ethics. With a CFP certification, you can take up assignments in tax planning, insurance decisions, estate planning, investment management, retirement, etc.

If you are still looking for answers to which courses are available after M.Com, the Certified Financial Planner (CFP) course can be the best fit. Passing the CFP exam can be beneficial for a number of reasons.

• Comprehensive Financial Planning Expertise

Comprehensive Understanding: A variety of topics related to financial planning are covered in CFP education, such as investments, risk management, insurance, taxes, retirement planning, estate planning, and risk management.

Client-Centric Approach: Earning a CFP gives you the tools to give thorough financial advice that is customized to meet the needs of each client.

• Credibility as a Professional and Client Trust

Trusted Financial Advisor: Having a CFP certification shows clients that you are dedicated to upholding professional standards and ethical behavior, which fosters client confidence.

Comprehensive Financial Planning: Because CFP specialists are knowledgeable in a wide range of financial topics, clients frequently turn to them for all-encompassing financial advice.

Average salary of certified financial planners is Rs. 3.9 LPA in India

How it increases with years of experience:

10. Get into digital marketing

For all the students who are wondering what to do after Mcom, If you are not interested in working in the realm of finance and accounting, deciding what to do after MCom can be challenging. It comes as no surprise that many commerce students choose creative occupations as well. One of these innovative pursuits includes digital marketing . It is a component of marketing that uses digital technologies to promote products and services. Modern-day businesses cannot neglect the power of the internet, and thus, this field has gained immense popularity in recent years. 

Digital Marketing Free courses to Learn

Also read, Career options in medical for non-commerce students

There are numerous digital marketing courses in the market, with their duration varying between 3 months and 11 months. The coursework emphasizes teaching topics like Search Engine Optimization (SEO) , Pay Per Click (PPC), content marketing, social media management , marketing analytics, digital branding, etc. You can check out the online  PG certification in digital marketing and communication  by reputed institutes like MICA on upGrad. 

Knowledge of digital marketing can lead to a highly promising career in the current work environment where everyone, from corporate bigwigs to ad agencies and startups, is on the lookout for digital marketers and managers. According to Payscale, a digital marketing professional in India can earn a starting salary of around INR 5 lakh per annum. And digital marketing managers can get paid as high as 15 lakh per annum, depending on their job profile.

Check out digital marketing jobs .

How your pay increases with years of experience:

Digital Marketer Salaries in India

11. Get CIB certified

CIB is short for Certificate in Investment Banking, a six-month course for graduates who want to raise capital for companies by selling equity and issuing debt. It is a globally recognized examination that tests whether you can employ systematic and strategic methods to establish the valuation of listed and unlisted companies. Determining the right valuation forms a crucial part of investment decisions relating to Initial Public Offerings, mergers, acquisitions, and other corporate actions. 

You can go for the CIB course right after your BCom. But having an MCom degree will make it easier for you to grasp the coursework, which contains themes of asset management, equity research, hedge funds, corporate finance strategy, and private wealth management. Payscale estimates an investment banking career can get you an average annual salary of INR 9.6 lakh in India. 

12. Pursue a career in teaching and research

If Business and Commerce interest you as academic disciplines, you can even enter the research field. A doctorate or Doctor of Philosophy (Ph.D.) is awarded in majors like Finance, Statistics, Operations Research, Organizational Behavior, Human Resource Management, and many others. You can also look for a suitable program of study abroad provided that it meets your research interests. It is one of the best career options after MCom.

If you want to gain skills into various facets of business and trade through research, embarking on a PhD journey in one of these fields could be a desirable path. To initiate this journey, look for a suitable international research program aligned with your interests could be a fantastic initial step to know after M. Com which course is best .

Apart from JRF, there are a number of national and international fellowships available for students exhibiting high research aptitude in Commerce, Economics, and Management. If you want to become a university lecturer, studying your way to a Ph.D. degree is highly recommended. But if you are more inclined towards teaching school students, you can opt for the two-year B.Ed program. 

Here are some bonus jobs you can take after doing M.Com.

Candidates with an M.Com degree are prepared for careers as auditors, business analysts, company secretaries, consultants, tax accountants, finance officers, stock brokers, sales analysts, and economists. An M.Com graduate might also go for government exams to gain jobs in the public sector. Following are a few of the well-paying jobs after m.com with a high salary.

1. Cost Accountant

A cost accountant is a financial professional who analyses the expenses related to providing a service or producing it. A cost accountant’s main responsibilities include analysing a position and establishing a budget to make it profitable, as well as examining the total profit and loss statement. A cost accountant also accounts for the expenses related to administration, shipping, and production.

A person can pursue professional courses to gain a deeper knowledge of Cost and Management Accounting, even though the knowledge acquired during an M.Com degree course is likely to land them a solid position as a cost accountant.

2.Tax Consultant

Looking for post M.Com job opportunities? Become a Tax Consultant. A tax consultant or job in taxation centres on specialists assisting people with their tax-related questions and assisting them in both short- and long-term tax optimisation. The majority of tax advisors have degrees in law, accounting, finance, or a closely connected discipline. Understanding accounting theory, practise, and laws, as well as tax laws and financial management, are prerequisites for establishing a profession as a tax consultant.

One can work in a tax consulting firm with an M.Com degree, however, tax consulting organisations prefer people having an LLB degree to handle legal tax concerns.

3. Sales Analyst

After M.com courses, you can choose to become a sales analyst. A sales analyst is a specialist employed by a company to assess and pinpoint historical sales trends. By analysing market data, sales analysis will help businesses grow. Sales analysts provide a clearly defined plan in the form of weekly or monthly reports and offer it to the upper management and sales staff. A sales analyst’s duties also include conducting significant marketing campaigns and spotting emerging market trends in sales.

When analysing the flaws, a sales analyst reflects the supply chain, marketing, and manufacturing systems of the organisation. Candidates with an M. Com degree and a strong interest in sales and marketing are a perfect fit for the position of sales analyst. The M.Com degree holder has sufficient financial understanding to create an appropriate plan of action.

4. Investment Banker

After M.Com, there are many job opportunities on your way. One such option is Investment Banker. Investment bankers are experts who assist businesses, governments, and other entities in raising funds from a variety of sources. Investment bankers are the specialists that financial institutions hire to assess an organisation’s financial standing, capital requirements, and goals. The main responsibility of an investment banker is to serve as a liaison between entities that raise funds and those willing to make financial investments, in addition to outlining issues and offering potential solutions.

Wrapping up

The above is a list of some great career options after M.Com. We hope it will answer your question “What to do after M.Com?”. You can determine your interest based on your career choice that you would like to opt for after your graduation. For all young minds, wondering what to do after M.Com, you need to check the amount of time, the difficulty level, and the price of the course, before deciding which course to opt after your graduation. Any of the above best courses after M.Com are sure to land you a great job so that you can happily start your journey in the professional world.

Now that we have detailed a range of different career options after MCom, it would be relatively easy for you to locate your interests. So, gather some more information about your preferred choices and follow the path you desire!

Also Read : Top 10 Highest Paying Jobs in India

The above is a list of some great career options after M.Com. We hope it will answer your question  “ What to do after M.Com?” .  You can determine your interest based on your career choice that you would like to opt for after your graduation. For all young minds, wondering what to do after M.Com, you need to check the amount of time, the difficulty level, and the price of the course, before deciding which course to opt after your graduation. Any of the above best courses after M.Com are sure to land you a great job so that you can happily start your journey in the professional world.

Rahul Karthikeyan

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Frequently Asked Questions (FAQs)

This might appear obvious, but it is extremely important to choose the right topic. After all, you will be sinking a lot of hours into this project, and researching that topic exhaustively to be able to answer all the interviewers’ questions. Choose a project guide who has a certain degree of experience in the field. It’s a bonus if they have already published research papers before. Create a timeline before you begin working, and follow it to the letter. Implement and test your concept, and make sure it is watertight. Finally, do not compromise on the presentation and explanation. Explain things in a coherent, concise, and intuitive manner.

Creating something truly unique that actually contributes to the development of a field, is always a good idea, and seldom goes unrecognized. You can also make your project stand out by going above and beyond with the presentation, by incorporating creative multimedia such as explanatory videos, graphics, or interactive mini-games to illustrate a concept. Supplement your research with expert interviews, hardware implementations, or computer models. Finally, do not shy away from expanding your scope of study slightly to other fields, if they are relevant to your project topic.

The final year project gives students a chance to actually apply the theoretical knowledge they have gained through the course of their degree, to solve real-world problems. This practical experience is essential for them to join the workforce. The conception and execution of a project give recruiters an idea about your work ethic. They also develop an idea about your commitment to a task, creativity, and attention to detail, based on your answers when they ask you about the deeper technical aspects of your project. In a nutshell, your final year project is considered a comprehensive summary of your undergraduate study.

Both CA and CS begin in the sphere of commerce but quickly diverge into two distinct segments. Chartered Accountants are experts who use their accounting abilities to reduce risks and losses, and maintain the accounts of corporations and companies. Company secretaries are specialists that advise a company's board of directors on management, administration, finance, accounting, taxation, and other topics. Chartered Accountants work across a variety of business domains such as audit, corporate taxes, financing, accounting, and so on to boost the financial performance of an organisation. The job of a Company Secretary entails providing guidance on business and company laws, resolving potential conflicts of interest, recommending a way of preparing financial statements, establishing a business strategy, and assisting in planning.

Risk managers are professionals who are experts in identifying probable causes of accidents or losses, recommending and putting in place preventative measures, and devising strategies to minimise costs and damage in the case of a loss, which may include the purchase of insurance. Risk managers also oversee the acquisition of insurance programs, claim and loss control operations, connections with third-party service providers such as brokers and insurers, and the preparation of loss analysis and budgets. They also identify risks, provide recommendations for solutions, put authorised plans in place, encourage loss prevention, maintain and monitor insurance processes, and administer security management guidelines.

CPA, CFA, and CFP stand for Certified Public Accountant, Chartered Financial Analyst, and Certified Financial Planner, respectively. A public firm or a hedge fund would hire a CPA to manage their accounting needs. Independent auditing, often known as public accounting, necessitates the presence of a CPA licence. The CFA curriculum is quite comprehensive and maybe better defined as a Master's degree in finance with specialisations in accountancy, economics, analytical methods, and portfolio planning. The only one of the three that focuses on investment is the Certified Financial Planner, who is capable of developing and implementing financial strategies for investors.

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M.Com is a popular course among students after BCom. A student pursuing a master’s degree in business is exposed to a multitude of in-depth knowledge in the field. If a student has a bachelor’s degree in commerce, an M.Com degree will provide them with a plethora of knowledge in the areas that they have previously studied.

M.Com is one of India’s most versatile courses, allowing students to work in nearly every sector of the economy. The insurance industry, which employs a big number of MCom graduates, is expected to rise to USD 1 trillion by 2025, offering more career opportunities for MCom graduates. There are other courses that students can pursue after completing their MCom, but PhD is one of the most popular.

A PhD is an internationally recognised postgraduate academic degree awarded by universities and higher education institutions to applicants who submit a thesis or dissertation based on significant and original research in their field. After finishing their MCom, a student can pursue a PhD in a variety of topics.

Looking for some of the best PhD courses after that will help you to decide your future career?🤔 Here is a list of some of the top PhD courses you can do after MCom👉 

Table of Contents

List of Best PhD Courses after MCom in India:

1. doctor of philosophy (phd) in commerce and management:.

The Doctoral level programme in Commerce and Management entrusts students with a wealth of information in the areas of business and management basics.

The program’s study combines the principles of Commerce and Management, resulting in a wide field of knowledge for students to explore in-depth. The curriculum also encourages students to develop their abilities, competency, and sense of inquiry by teaching them problem-solving and creative thinking.

Eligibility:

• Candidates who have completed their post-graduate degree in Commerce or M.Phil. degree with a minimum aggregate of 55 per cent marks or higher from a recognised university listed under UGC/AIU are eligible for admission.
• Applicants must pass the UGC-NET examination held at the program’s admission level.
• Some prestigious colleges and institutions will also conduct Group Discussions and Personal Interviews.

Duration: 3-5 Years

Job Profile:

• Business Analysts
• Finance Managers

Average Salary: Approximately up to INR 3 to 40 Lacs per annum

2. PhD in Renewable Energy:

PhD in Renewable Energy is a three-year doctoral programme. The goal of this course is to develop new renewable energy technologies that will be advantageous in the future. The PhD in Renewable Energy, as the title suggests, aims to train students to be professional analysts and researchers.

This course focuses on the development of innovative technologies that will provide a long-term solution while also opening up new business opportunities.

Eligibility: 

• A Master’s degree or its equivalent from a recognised university is required.
• He or she must receive at least 60% of the total grades from an accredited university.
• The primary prerequisite for admission to this degree is to achieve cut-off marks in the entrance examination.
• Students must also perform well in the Personal Interview stage.

Duration: 3 Years

Job Profile: 

• Assistant Professor
• Department In Charge
• Project Coordinator
• Operation Manager

Average Salary: INR 4 Lakh – INR 8 Lakh per annum

3. PhD in Aviation Management:

Individuals who complete the Aviation Management course will be able to control the departments of airlines and airports. Aviation management has a lot of potential because it is reaching new heights every day. India has the world’s third-largest civil aviation market. 

The PhD in aviation management opens up opportunities for the student to take on suitable teaching responsibilities as well as top jobs in the airline industry.

Eligibility: Master’s Degree in any field with a minimum of 55% from a recognised university.

Duration : 5 Years

• Airport Manager
• Program Manager
• Credit Control Manager
• Assistant Airport Manager
• Airlines Grooming Trainer

Average Salary: INR 3 to 10 lakhs per annum depending on the type of job and years of experience.

4. PhD in Supply Chain Management:

PhD Supply Chain Management is a Postgraduate Doctorate programme that focuses completely on the production management aspect of various commodities and services.

PhD in Supply Chain Management is all about controlling and tracking commodities and services at various stages before they become a finished product or final goods. This course covers a wide range of topics, including Operations Management, Logistics, Resource Management, Business Development, and Advanced Marketing Management.

• Postgraduate degree in relevant discipline from any recognised University or Institution with a minimum of 55% marks or an equivalent grade.
• Some universities that offer PhD programmes require candidates to take an entrance exam.
• SCM Operations Senior Analyst
• SCM Group Leader
• Associate SCM Manager 
• SCM Specialist
• Senior SCM Manager

Average Salary: INR 2,00,000 – INR 10,00,000 per annum

5. PhD Business Administration:

The Doctor of Philosophy in Business Administration is the pinnacle of Business and Management education. It focuses on approaches and methods for conducting research, as well as creating designs for assets and liabilities.

The emphasis is on problem-solving, game planning, business strategy, and research layouts in many business fields. The course also covers Data Analysis and other techniques that have been popular in recent years.

• Candidates must have an MBA, MPhil, or other master’s degree in the relevant subject.
• They should have received at least 55 percent in their master’s degree programmes.
• A strong command of the English language is required for admission to the PhD programme in Business Administration.

Duration : 3-5 Years

• Assistant Manager
• Administration Manager
• Events Executive
• Business Administrative Executive

Average Salary: INR 7 lakh to 17 lakh per annum

6. PhD in Finance:

PhD Finance is a finance doctorate programme. It is a research-oriented course that will prepare the student for a successful academic career. Students pursuing a PhD in Finance are educated in areas such as statistics, investments, economics, and corporate finance theory. In addition, as part of their course curriculum, students will be exposed to a variety of markets and financial products.

• The applicant must have earned a master’s degree in finance or a similar discipline from a recognised academic institution, with the minimum scores required by their chosen university.
• To apply for a PhD in Finance in India, you may need to pass PhD admission exams.

Duration: 2-5 Years

• Financial Advisor
• Financial Planner
• Investment planner
• Financial analysis

Average Salary: 4-8 Lakh per annum

7. PhD in Marketing:

PhD in Marketing is a full-time doctoral degree programme. This is essentially a professional degree that tries to prepare students to teach and do research through a variety of courses that focus on theoretical aspects of marketing.

Students will study quantitative models in marketing literature and build the skills needed to analyse and evaluate current models in this course. Students have a strong emphasis on topics such as research design, measurement and scaling, and data collection.

• The student must have earned a Master’s degree from an accredited university with a minimum of 60% of the total grades.
• Brand Manager
• Deputy Manager
• e-Marketing Manager
• Internet Marketing Manager
• Market Research Analyst
• Marketing Communications Leader

Average Salary: 2-10 Lakhs per annum

8. PhD in Human Resource Management:

PhD in Human Resource Management is a doctoral degree in human resource management. The course is available at a number of colleges around India. This programme focuses on teaching students organisational skills, training and development skills, decision-making skills, and communication abilities.

The course is extremely beneficial in developing critical thinking skills, which are similar to thinking outside the box and beyond traditional constraints. One also becomes acquainted with the policies and practices that organisations employ in order to maximise productivity and efficiency.

• The student must have a Master’s degree from a recognised university with at least a 55 percent aggregate score.

Duration: 3 – 5 years

Job Profile:  

• HR Executive
• HR Consultant 
• Training Coordinator
• Training Manager
• Recruitment Consultant
• Human Resource Manager

Average Salary: 6-11 Lakh per annum

9. PhD (Banking & Finance):

PhD in Banking and Finance is a three-year research programme that focuses on finance and economics knowledge. It covers finance subjects from the micro to the macro level. A PhD in Banking and Finance is advantageous for students who want to learn about the most recent banking reforms. 

The program’s goal is to equip candidates with practical knowledge in project appraisal and lending in order to assist them in gaining competency and general expertise in project finance.

• Candidates must have a postgraduate degree with a grade point average of at least 55 percent.
• Candidates must achieve the university or college’s cut-off percentage in the entrance examination.

Job Profile:  

• Stockbroker
• Credit Control Manager 
• Financial Analyst

Average Salary: U p to INR 5,00,000 per annum

10. PhD in Disaster Management:

The study of disaster-prone locations, the required procedures taken to prevent loss of life, and the steps taken post-calamity are central to a PhD in Disaster Management. Students who want to learn more about the subject and have a strong interest in disaster management or social welfare are best suited for the programme.

They must have the credibility to handle exhausting situations, operate in difficult conditions created by man-made and natural disasters, and have the mental and physical strength to carry out plans without losing their minds.

Eligibility : 

• Candidates must hold a Master’s degree or M.Phil in the relevant discipline with a minimum aggregate of 55 per cent or higher from a recognised university.
• Candidates must pass the admission examinations administered by various institutes and universities.
• They should have a minimum of 5 years of experience as a professional in either teaching/administration or industry.

Duration : Usually 3-5 Years 

• Disaster Officer
• Environmental Specialist
• Rehabilitation Expert
• Homeland Security Analyst

Average Salary: I NR 2.5 to 12 lacs per annum depending on the field and subject of study as well as job experience.

11. PhD Accountancy:

PhD Accountancy is a three-year doctorate in Accountancy (Commerce) that focuses on topics of accounting such as cost and financial accounting. It teaches you all you need to know about accounting, finance, trades, and other facets of the business. To conduct the research, it combines the disciplines of accounting and other business areas. After completing this course, students become adept in accounting and other commerce disciplines, as well as discovering the connections between them and applying them in the real world.

Eligibility: Postgraduate degree in relevant disciplines (M.Com or M.Phil) with a minimum of 55 per cent marks in aggregate, as well as a qualification in national and state-level exams such as NET/ SET/ PET, etc.

Duration : 3 years

• Investment Banker
• Financial and Corporate Analyst
• Associate Professor

Average Salary: INR 7-14 Lakh per annum

Conclusion : The list above includes some excellent courses for folks who have completed their MCom. We hope this helps you answer the question, “What are the finest PhD courses to take after MCom?” After studying any of the above-mentioned courses, you will be able to decide your interests based on the job path you wish to pursue.😊

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PhD in Commerce: Requirements, Salary, and More

• Updated on  
• Jan 20, 2024

Diving into the intricate technicalities of the fields 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.

This Blog Includes:

About phd in commerce, phd in commerce specializations, phd in commerce colleges in india, phd in commerce abroad, phd in commerce career and salary.

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
• Surveys, which together contribute towards the preparation of a long and comprehensive dissertation.

Must Read: PhD After MCA

While the topics chosen by a PhD in Commerce student 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 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

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 of the top universities offering a PhD in Commerce apart from the seven Ivy League institutions, the University of Cambridge and the 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

Here are the top universities for PhD in Commerce abroad:

PhD in Commerce Abroad Requirements

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 for the UGC-NET exam for admission into a PhD in the specialisation of Commerce.
• Work experience of 2-4 years is also preferred thought not mandatory.

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, and 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.

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
• International Organisations like World Bank, IMF, Asian Development Bank, etc.
• 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 in India. While the average stipend for PhD abroad is INR 35-45 Lakh per annum.

Related Articles:

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.

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

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

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. Many Indian students dream of pursuing education in foreign nations due to the exposure and career growth they offer. Consider joining a free counselling session with Leverage Edu if you plan to study abroad . 

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11 comments

Want to know more about PhD after mcom

Hi, Pradyumn! Related content: PhD in Commerce PhD in Accounting MBA in Delhi University For more help reach us at 1800 57 2000!

Looking for Phd in commerce subhect from abroad

HI, Ronin! You can read: Study Abroad Scholarships For more information call us at 1800 57 2000!

Looking for phd in commerce from canada??

Hello Rohit, We are delighted to know that you are considering to pursue your PhD in one of the best studyabroad destinations for international students, Canada! We would first like to wish you all the best for your future success and plans. Coming onto the question that you have asked, we feel that it could be best handled and answered by our experts and student counsellors at Leverage Edu. You just have to call on 1800572000 and they will guide you hunt the best universities in Canada which is ideal for PhD in commerce, so that you can kickstart your study abroad journey in no time!

Want to know more about PhD

Hello Zainab, We see that you are wanting to know more about the PhD course. Sharing with you one of our tip searches and guide on PhD courses for aspirants: https://leverageedu.com/blog/phd/ . You can even get in touch with one of the experts at 1800572000 and can book a free e-meeting with them to kickstart your PhD journey in abroad.

Please sir guide me, I really need to do ph.d

If you wish to do a PhD in Commerce from abroad, you can connect to our experts at 1800-572-000 who will guide you.

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M.Com Ph.D Integrated Course, Eligibility, Admission, Syllabus, Scope & Career Opportunities

M.Com Ph.D is an integrated dual degree programme. The course duration is generally four-six years depending on the institute. This course is well-suited for those interested in pursuing a research-oriented career in the field of commerce . Candidates who have a bachelor's degree can apply for M.Com Ph.D course.

• What is M.Com Ph.D's full form?

M.Com Ph.D. Highlights

M.com ph.d. fee structure, why choose m.com ph.d. dual degree, m.com ph.d. eligibility, m.com ph.d. skills required, m.com ph.d. entrance exams, m.com ph.d. syllabus, career opportunities after m.com ph.d. dual degree, expected salary after mcom ph.d, m.com ph.d. employment areas.

MCom Ph.D course includes advanced subjects and research work. It equips the students with the deep knowledge and expertise in their chosen field of commerce. It also saves time and money pursuing two separate degrees. Candidates who complete their Doctoral in Philosophy are well received in the industry.

What is M.Com Ph.D's full form?

M.Com Ph.D. stands for Master of Commerce- Doctor of Philosophy. It is a dual degree programme consisting of a postgraduate degree in commerce, and a doctoral degree. Students who have completed BCom or similar degrees can apply for the course.

The course fees for MCom Ph.D integrated courses depends on the college type, facilities provided, and several other factors. The fee structure includes admission fees, registration fees, admission fees, and security deposits. Students can check the fees on the official website of the college.

Some colleges mostly public colleges, may also provide scholarships for deserving students. Reserved category students are also provided relaxation in the course fees.

There are a lot of advantages when it comes to pursuing an M.Com Ph.D. dual degree. Some of the benefits are mentioned below:

• Double Degree: The integrated program enables the candidate to complete two degrees at a time. As a result, this cuts downtime and saves money of pursuing a separate degree.
• Banking and Finance Expertise: The programme has a helpful combination of subjects that helps students get in-depth knowledge about banking, accounting, and finance.
• Better Job Opportunities: On completion of dual degree programmes, students have a better chance of getting relevant jobs in the fields of commerce and finance.

Students can check the eligibility requirements on the official website of the college. The common eligibility details for a MCom Ph.D course is listed below.

• Students who have completed their 10+2+3 or equivalent education can apply for MCom Ph.D course.
• Bachelor's degrees such as B.Com and BBA are popular bachelor's degrees.
• The minimum required marks are not the same for each college but generally, candidates are required to score at least 50 per cent marks.

M.Com Ph.D Admission Process

In order to gain entry into the M.Com Ph.D integrated programme, candidates are required to sit for entrance examinations. Most of the universities have their own separate entrance examinations, followed by an interview and a group discussion.

• Students can register for admissions on the official website of the college.
• They can also get physical form at the admission's office of the college.
• Many colleges conduct their own entrance examinations for admissions. They are required to successfully clear these exams.
• To confirm the admissions, applicants are required to pay the specified course fees and relevant documents.

We have provided below the list of skills candidates develop over the period of being enrolled in M.Com Ph.D dual degree programme.

• Good communication
• Leadership Skills
• Organisation skills
• Detail Oriented

The entrance exams for M.Com Ph.D. integrated degree programme work according to the admission process of the respective institution. In most cases, the provider college conducts its own written examinations and personal interviews to select eligible candidates for the MA Ph.D integrated course.

MCom Ph.D Cutoff

A cut off is the minimum eligibility criteria to select eligible candidates for a specific course. It is announced every year to select deserving candidates. Those who score more than or are equivalent to cut off are eligible for further participation in the admission process.

The syllabus of M.Com Ph.D. may vary from college to college. We have provided below the list of major subjects of integrated M.Com. Ph.D. program.

What after M.Com Ph.D. Dual Degree?

After completing an MCom Ph.D integrated dual degree programme,. students can choose from a wide range of career paths. They can work as a professor or researcher at higher educational institutes. Graduates can also contribute as a researcher in fields related to commerce.

Once completing the course, diverse job roles can be pursued by the students. They can join many senior-level positions. Some of the popular career options are discussed below.

Business Development Manager : Business Development Managers are professionals who oversee the sale leads and come up with new marketing ideas. They also write reports and check the marketing data.

Business Analyst : Business Analysts are professionals who analyse firm's data. They document and prepare reports to help business grow.

Researcher - Researchers are professionals who conduct academic research. They study a subject in detail to discover new information or better understanding.

Top Recruiters

American express.

• EXL Service

The salary of candidates varies depending on their skills, knowledge, and prior work experience. The size and structure of the organisation, and its geographical location also affect the salary. We have provided below M.Com Ph.D. salary details based on job profiles.

Source: AmbitionBox

The employment areas after graduation may vary depending on the job profile. Some of the employment areas once you complete your Ph.D. in M. Com include:

• Investment Banking
• Educational Institutes
• Accounting Firms

To conclude MCom PhD offers various career paths. Students can contribute to various areas such as banks, investment banks, educational institutes, and accounting firms depending on their job profiles.

Frequently Asked Question (FAQs)

Both the terms commerce and management are almost the same.  Commerce is about making reports of the transactions that a firm or company has done. It concentrates on the profits that they were able to make during a time period. Likewise, management is all about the learning and monitoring of transactions that can help the company make more profits in the coming years. 

Some of the best universities and colleges in India include  Delhi University ,  ShriRam College of Commerce for Regular, Department of Commerce in  Delhi School of Economics . You can also consider  Gauhati University and  Tezpur University . We would like to mention here that Central and State government universities reserve jobs for ICom students. This happens in North East India.

The M.Com Ph.D programme is a Doctoral of Philosophy. They come with a time period of two-four years in India. Some Ph. D programmes can even take up seven years or longer. It mainly depends on the number of Ph. D candidates in your batch. The candidate's efficiency in completing the thesis on time, the panel or committee members seeing eye to eye with your growth and performance during the programme.

Unlike what many people think, having a Master of Commerce or M. Com is a prestigious factor. You specialize in difficult subjects like accounting, management, as well as accounting. You can also expect to work in some of the nationalised banks like State Bank of India, Union Bank of India as Probationary Officer or Customer Relationship Executive.

The M.Com Ph.D programme is offered by some of the most reputed institutes in the country. Candidates have to appear for the entrance examination if they have not taken the  GATE or  National Eligibility Test (NET) . Only in such cases, will the mark be considered. Otherwise, if you plan on joining Delhi University, for example, then you will have to take the All India entrance examination held by them in different cities throughout India. 

This is a common query faced by UG candidates. Till now, in India, there is no provision for a  B.Com candidate to join Doctoral in Philosophy directly. Candidates must join a master's programme and then complete it to enroll in a Ph. D programme. That is a possibility. If you are eligible and meet the criteria, then you can apply for the M.Com Ph.D programme in your city or university of your choice. 

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PhD in Commerce and Management Course: Admission, Top Colleges, Subjects, Scope, Salary 2024

Satyam Purwar

Content Curator

PhD in Commerce and Management is a three-year doctoral program that may be extended up to six years. To be eligible for admission to the program, you must have finished a postgraduate degree in Commerce or a related field with a minimum aggregate of 55 % marks or higher from a recognized university listed under UGC/AIU. Some universities also conduct entrance based admissions either through national level tests such as NET or their own university-based entrance examinations. 

The shortlisted candidates will be required to attend Group Discussion and Personal Interview sessions, after which the admission will be processed. The structure of the program is research-oriented and the coursework highly depends on the student’s field of research.

• PhD in Commerce and Management: Quick Facts 
• All About PhD in Commerce and Management

2.1   Why Study PhD in Commerce and Management 

• PhD in Commerce and Management Admission 

3.1   Eligibility

3.2   Admission

3.3   Entrance Examination 

3.4   Entrance Exam Dates

3.4   Entrance Examination Preparation Tips

• PhD in Commerce and Management Syllabus 

4.1   PhD in Commerce and Management Subjects

• PhD in Commerce and Management in India
• PhD in Commerce and Management College Comparison
• PhD in Commerce and Management Top Colleges Abroad 
• PhD in Commerce and Management Scope 
• PhD in Commerce and Management Scope

9.1   Top Recruiters

9.2   Job Profile

• PhD in Commerce and Management Skills
• PhD in Commerce and Management FAQs

PhD in Commerce and Management Quick Facts 

About PhD in Commerce and Management 

The doctoral degree in Commerce and Management provides students with in-depth knowledge in business and management fundamentals. Business and Management remains to be in demand for many years and will be so in future. The program aims to promote the growth and development of Commerce, Management, and allied disciplines through the use of research. 

• In its study, the programme includes the ideas of Commerce and Management. 
• Students who complete the PhD in Commerce and Management program will have the requisite management skills as well as a working knowledge of company legislation. 
• After completing the course, doctorates will be able to conduct their own study as well as pursue lucrative employment in finance, marketing, research, business, and other disciplines.
• All aspects of business law, including ethics and management tools, are covered by business law. Read More: PhD in Commerce
• Students study areas such as human resource management, marketing management, research methodology, and organizational behaviour. 
• In their last year of school, students must choose a field of emphasis and prepare a dissertation/ a research thesis.

Check Top PhD in Commerce and Management Colleges

Why Study PhD in Commerce & Management? 

A PhD in Commerce and Management is explicitly oriented to research in the subject of Business and Commerce. It is related to research into the management discipline, service, human resource management, and other fields like agriculture, retailing, product production, tourism, hospitality, science, medicine, and engineering. These all are in demand market areas.

• Develop Management Skills: It focuses on developing, advertising, and selling products and services; creating connections or partnerships; managing tough situations; and keeping the company's finances in good shape. Data from the industry is gathered and used to develop reports.
• New Job Opportunities: In the future, this program will bring better work, chances, both the Commerce and Management sector.
• Ability to have Quality Research: Candidates obtain the capacity to do research in a variety of disciplines of commerce through the study of subjects such as Human resources, Operations, Productions, and Business Principles.
• Job Scopes: Doctorates with the requisite skills to explore their employment scopes in the fields of business, accounting, operations, and management have completed the program. One of the pros is that they can work as Business Analysts, Finance Managers, CFOs, CEOs, Company Secretaries, and so on.

Read More: How to Become Market Research Analyst?

PhD Commerce & Management Admission 

PhD admittance is primarily based on entrance tests, although it can also be based on merit. Students are admitted to colleges based on their performance on university-based PhD entrance exams or qualifying examinations such as NET/DET, etc. The applicants who take admission on a merit basis usually have an interview with the professor before admission.

Eligibility 

• Candidates must have completed a postgraduate degree in Commerce/equivalent or an M.Phil. degree from a recognized university listed under the UGC/AIU with a minimum aggregate of 55 per cent and above.
• Group Discussion and Personal Interviews will also be held at some reputable institutions and universities.
• It is advantageous to the program if you have 4 years of relevant professional experience in either teaching or administration.

Process of Selection: There are two ways to get admitted-

• NET (National Eligibility Test)
• DET (Doctoral Entrance Test)
• The other way to get admitted is to clear the university’s PhD entrance exam like DAT (Department Aptitude Test), MET (Manipal Entrance Test)

The shortlisted candidates need to appear for Group discussions and Personal Interviews held by the respective colleges/departments. The overall marks secured in the entrance test, GD/PI and marks scored at the degree level. Are considered for the final decision. 

Entrance Exams 

Aligarh Muslim Univesity PhD Entrance:

Part I is about Research Aptitude and Research Methodology while Part II consists of subject-specific questions of Commerce and Management.

Savitri Phule Pune University:

Below are the tabulated details of the syllabus for the entrance exam of PhD in Commerce & Management.

For Management Section:

For Commerce Section:

Entrance Exam Dates 

Entrance Examination Preparation Tips 

• Be aware of the updated entrance syllabus before planning out the preparation. Always check through the official websites.
• Start early with preparations. Usually, 1 year before the exam is considered ideal. You can easily plan your schedule.
• Do not start with multiple resources. It creates confusion. Stick to one or two good and reliable resources.
• Analyse last year's paper, get hold of important topics.
• Analyse your own strengths and weaknesses. Work on your strategies accordingly.
• Take an online mock test and keep a track of your online mock test score.
• Read more to gain more knowledge on your topic.
• Take help from previous years question papers to get an idea about the type of questions they ask.
• Go through the syllabus of the qualifying exam or NET/DET organized by UGC.

PhD Commerce & Management Syllabus 

Classroom study, case studies, coursework, and project work are all included in the program's syllabus. The course is designed in such a way that students will acquire a better understanding of the program and gain a thorough understanding of the topics. Economics, Finances, Commerce, and Management in Business address the most important components of the topic.

There is no fixed syllabus for PhD programs. Students are usually required to take up courses related to their field of research. 

Applicants usually take the following courses before beginning their thesis:

PhD Commerce & Management Subjects 

The following is a list of the general curriculum followed by most universities and colleges throughout the program:

• Research Methodology
• Creative Thinking and Design Innovation
• Fundamentals of Management in Business
• Principles of Management
• Organizational behaviour
• Marketing and Operations Management
• Human Resources and Business Ethics
• Project Work
• Dissertation /Seminar/ Research Thesis

PhD in Commerce & Management Colleges in India 

PhD in Commerce & Management Colleges College Comparison 

PhD in Commerce and Management Colleges in Abroad 

PhD in Commerce & Management Scope 

• PhD in Commerce and Management prepares students to get a broad understanding of the field's basics.
• The students are qualified to use their research and assessment skills to investigate the various aspects of business and commerce.
• Candidates develop the capacity to do research in a variety of disciplines of commerce by studying subjects such as Human resources, Operations, Productions, and Business Principles.
• Doctorates with the requisite skills to explore their employment scopes in the fields of business, accounting, operations, and management have completed the program.
• They could work as Business Analysts, Finance Managers, CFOs, CEOs, and Company Secretaries, among other positions.

PhD in Commerce and Management Salary and Jobs 

Salary ranges from INR 3 to INR 40 lakhs per year after completing the degree, depending on the type of job field you choose. In reputable companies, you can work as a Business Development Manager, Business Analysts, Finance Manager, Company Sector, and other job positions.

Top Recruiters 

After completing your PhD in Commerce and Management you will be eligible to be recruited by several private and international companies for the various job profiles including the following: 

• iNurture Galileo India Pvt Ltd.
• Flipkart Internet Pvt Ltd.
• Universities & Institutes
• Delhivery Pvt Ltd.
• IBM Pvt Ltd.
• Amazon Development Centre
• Vedantu Innovations Pvt Ltd.

Job Profile 

PhD in Commerce and Management Skill 

PhD in Commerce and Management is a research-based course. The program requires students to have an analytical bent of mind and the ability to carry the research forward. Students need to be diligent and focused as it requires a lot of time commitment and effort to complete the program. Some of the skills are given below:

• Research Skills
• Management Skills
• Solution-Oriented Mindset
• Time Management
• Critical Thinking
• Practical Approach
• Ability to take initiatives
• Independent Approach

PhD in Commerce and Management FAQs 

Ques: What is the procedure for admission to a PhD in Commerce and Management course?

Ans: Only applications that have been filled out completely and precisely, as well as those that include the required certifications and other papers as attachments, will be evaluated. Candidates will be shortlisted, and those who are chosen will be asked to take the admission exam and participate in a personal interview. After the candidates' marks in their postgraduate examination, entrance examination, and personal interview have been combined, the final results will be revealed.

Ques: Is financial aid available for a PhD in Commerce and Management program?

Ans: It differs from one college to the next. Some institutions offer both financial aid and scholarships. There are some candidates there who have been chosen for fellowship programs.

Ques: Is the entrance exam necessary to be admitted to the doctoral program in Commerce and Management?

Ans: Yes, It is necessary to pass the University's written examination in order to qualify. The PhD entrance test consists of two papers: general aptitude and research methodology, and a postgraduate-level domain-specific subject.

Ques: What are the requirements for applying for a PhD in Commerce & Management?

Ans: Candidates who have completed a postgraduate degree in commerce/M. Phil. degree from a recognised university listed under UGC/AIU with a minimum aggregate of 55 per cent and above are eligible for admission to the programme. The candidate must pass a national level admission exam, as well as a university-level entrance exam and a personal interview.

Ques: Is a PhD in Commerce & Management difficult?

Ans: It is challenging to pursue the course because it includes a lot of research which is a time taking process that requires a lot of patience, but at the same time it has its perks like a good job profile and salary.

Ques: What is the scope of the PhD in Commerce and Management?

Ans: Students who pursue a PhD in Commerce and Management will gain a wide understanding of the field's fundamentals. Students are qualified to study numerous facets of business and commerce using their research and assessment skills. Business analysts, finance managers, CFOs, CEOs, and company secretaries are all possibilities.

Ques: Can I pursue a PhD in Commerce & Management if I have a master’s degree in either commerce or management?

Ans: Yes, you can pursue the course as long as you have a master’s degree with at least 50% to 60% marks from a recognized university and have qualified for the relevant examination.

Ques: What is the expected salary range after completing the PhD in Commerce and Management course?

Ans: The expected salary range after completing PhD in Commerce and Management is between INR 3lacs to INR 30 lacs depending on the type of j ob.

Ques: What qualities do I need to have to pursue PhD in Commerce & Management?

Ans: Qualities that you need to have to be eligible to pursue the course effectively are Critical Thinking, Management Skills, Practical Approach, Solution-Oriented Mindset etc.

Ques: What are the top recruiting sectors for PhD in Commerce and Management?

Ans: Recruiting companies majorly belong to the business, private, management and finance sectors.

Ph.D. (Commerce)

M.phil. (commerce), ph.d. (statistics), ph.d. (business economics), ph.d. (accountancy), ph.d. (commerce and management) colleges in india.

Mangalayatan University, Institute of Business Management - [IBM]

Manipal University - [MUJ]

Deen Dayal Upadhyaya Gorakhpur University - [DDU]

Kalinga University

Poornima University - [PU]

Assam down town University - [AdtU]

Yenepoya University

Maharishi Arvind University - [MAU]

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