PhD in Business Administration and Finance Admission 2024-25, Last Date To Apply, Application Fees, Books

PhD in Business Administration Finance About

PhD Business Administration is a research-based course of 3 - 5 years. The course aims to create people with a highly skilled analytical understanding of business principles. It deals with new methodologies in Key Performance Indicators, Management, and Quantitative and Qualitative techniques. The main objectives of the course are to bring principles of scientific methodology in business inquiry, development of analytical skills, and business research. There is also a focus on understanding and improving measurement, scaling, and sampling methods which are the core tools of Business. The PhD scholars work in various areas of business management like Applied Econometrics, Business Analytics, Financial Management, HR & IT management, Emerging issues in organizational behavior, etc. The PhD also gives a sphere of working on Research Report writing. To become eligible to apply for this course, the candidates should have completed a master’s degree in business-related courses. The admissions are usually based on the entrance exams. The fees for PhD Business Administration vary a lot in every college and university. It varies from INR 9,000 to INR 85,000 per year. In some of the institutes, the PhD courses are sponsored by the government or the institute itself, through scholarships. And the PhD scholars also receive stipends. The candidates who complete PhD Business Administration get jobs in the areas of administration, education, finance, sales & marketing, MNCs, etc. Some of the job profiles available for them are Associate Managers, Management Professors, Operation managers, Administration managers, etc. The average salary can range from INR 7 lakh to 17 lakh per annum. Through their career growth, they can aim to become researchers and HR managers at Director levels. Certain MNC companies have corporate-level director levels. These are also open for candidates. CEO, and COO levels are also available for such candidates after a few years of job experience.

PhD in Business Administration Finance Highlights

PhD in Business Administration Finance Entrance Exam

1. GATE
2. UGC NET

Eligibility Criteria for PhD in Business Administration Finance

• Candidates should have completed 10+2+3+2 or 10+2+4+2 of continuous study in recognized universities/boards.
• Candidates should have completed MBA, MPhil, or any other master’s degree course in the relevant field.
• They should have scored a minimum of 55% in the master’s degree programs.
• Sound knowledge of English knowledge is necessary for admission to PhD Business Administration. This is because the medium for instruction is in the English language. Also, the dissertation and research work is to be done in the English language.
• Candidates having a minimum teaching and work experience of 5 years will be given higher preference.

PhD in Business Administration Finance Duration

PhD in Business Administration Finance Selection Criteria

Selection criteria for admission to a PhD in Business Administration Finance program may include a combination of factors such as academic performance, entrance exam scores, work experience, letters of recommendation, and research experience.

Admission Process for PhD in Business Administration Finance

The admission process for PhD Business Administration is conducted through various national entrance examinations like GATE, UGC-NET, CSIR-NET, ICAR, etc. Some of the institutes conduct their own entrance exam, followed by a personal interview round.

A typical admission process for PhD Business Administration is mentioned below:

Application: The candidates should apply to the institute by filling up the application form, submitting the documents required, and paying the application fees.

Evaluation: The candidates will be evaluated based on the marks or rank scored at the national level or state level entrance exams.

Interview: A merit list of shortlisted candidates will be released and they will be called for an interview.

Enrollment: The candidates clearing the interview will be sent an offer letter to join the institutes. The candidates will have to select to accept the offer letter within the deadline and the initial amount.

PhD in Business Administration Finance How to Apply

To apply for a PhD in Business Administration Finance program, candidates should typically submit an online application to the university, along with transcripts, entrance exam scores, letters of recommendation, and a statement of purpose.

Some universities may also require a writing sample and/or an interview as part of the application process.

PhD in Business Administration Finance Application Form

The application form for a PhD in Business Administration Finance program can usually be found on the website of the university offering the program.

Candidates should complete the online application form and may be required to submit additional documents such as transcripts, letters of recommendation, entrance exam scores, and a statement of purpose.

PhD in Business Administration Finance Application Process

The application process for a PhD in Business Administration Finance program typically involves the following steps:

Research: Candidates should research universities that offer PhD in Business Administration Finance programs, and determine the admission requirements, application deadlines, and selection criteria for each program.

Prepare Application Materials: Candidates should prepare their application materials, which may include transcripts, entrance exam scores, letters of recommendation, and a statement of purpose.

Submit Application: Candidates should submit their application materials through the university's online application portal by the deadline.

Wait for Decision: Candidates will typically receive a decision on their application within several weeks to a few months after the application deadline.

PhD in Business Administration Finance Fee Structure

PhD in Business Administration Finance Syllabus

PhD in Business Administration Finance Job Scope

1. Professor of Finance
   
2. Investment Banker
3. Financial Analyst
4. Management Consultant
5. Corporate Finance Manager

PhD in Business Administration Finance Career Opportunities

PhD in Business Administration Finance Top Colleges

Some top universities offering a PhD in Business Administration Finance program include:

• Wharton School of the University of Pennsylvania
• Harvard Business School
• Stanford Graduate School of Business
• MIT Sloan School of Management
• Booth School of Business at the University of Chicago
• Columbia Business School
• Stern School of Business at New York University
• Kellogg School of Management at Northwestern University
• Tuck School of Business at Dartmouth College
• Haas School of Business at the University of California, Berkeley

Admission Process for PhD in Business Administration Finance

1. Application for the entrance exam 
2. Result declaration
3. Entrance pass scholar calling for the interview and document verification
4. Provisional registration for pre Ph.D. course work classes
5. Coursework classes shall be attended as scheduled by University
6. Course work examination
7. Result declaration of coursework
8. Submission of synopsis ( 2 spiral bound copies with soft copy of synopsis)
9. Departmental research committee meeting scheduled by University
10. A registration letter shall be issued
11. Research work started by scholar
12. 6 progress reports shall be submitted
13. Soft copy thesis submit
14. plagiarism report check by the university
15. Final after the plagiarism report soft copy thesis shall be sent to experts for evaluation
16. After the consent of experts pre-submission, one set spiral binding shall be submitted
17. After the successful presentation of the pre-submission thesis 3 copies of hard bound thesis shall be  submitted
18. Viva shall be conducted as scheduled by University, Degree Awarded.

Document Required for PhD in Business Administration Finance

• Documents (10th onwards)
• Aadhar Card/Pan Card, Caste Certificate
• Migration Certificate (Original)
• NOC (From Organization/ Institute/ University)
• Affidavit (undertaking)
• Guide Willing
• Assignments
• Synopsis (3 copies), Progress Report
• Library No Dues
• Lab Letter
• Thesis Hard copy (Spiral binding)
• No Dues, Thesis (6 hard copies)
• Affidavit -Submission (on Rs 100 Stamp and Notary Attested)
• C.D Soft copies (Thesis & Synopsis)
• Conference Certificate - 2
• Research Papers -2 (with ISSN No.)
• summary (page limit 20-30) -3 Copies 
• Plagiarism Report Below 10%

Admission Process for PhD in Business Administration Finance

Q.1 - What is the procedure for Ph.D. Admission to the University?

ANSWER: - The Ph.D. and M.Phil. programs of prestigious Universities are conducted and guided strictly as per the provisions and regulations dictated by the UGC (Minimum Standards and Procedure for Award of Ph.D./M.Phil. Degrees) (1st Amendment) Regulations, 2018 and subsequent amendments. The entire procedure for admission to the research programs encompasses a Research Entrance Exam (RET) and then an Interview/Viva Voce. The performance of a candidate in the RET is given 70% weightage, and the remaining 30% weightage is given to his/her performance at the Interview.

Q.2 - What are the modes of pursuing M.Phil. & Ph.D. programs at the University?

ANSWER: -Both the full-time and part-time modes are available at University for pursuing its Ph.D. programs and only the full-time mode is available for M.Phil. program in the desired subjects/fields. These highly-qualitative and prolific research programs are available in a rather broad range of fields/subjects. At University, the minimum time duration of the M.Phil. and Ph.D. programs is 1.5 Years and 3 Years, respectively, in general.

Q.3 - Are the Ph.D. and M.Phil. Degrees granted by any University valid abroad?

ANSWER: -Yes, of course. If the University is properly recognized under section 2(f) of the UGC Act of 1956 and is a prestigious member of the AIU (the Association of Indian Universities). It is an M.Phil. and Ph.D. degrees granted in various fields/subjects are duly valid across India and the world.

Q.4 - What are the main eligibility criteria for participating in the University Research Entrance Exam (RET)?

ANSWER: -The following are the main eligibility conditions for participating in the RET: - A rigorous Master’s Degree in the proposed subject/field obtained from any recognized university/institution located in India or abroad, with a minimum 55% marks in aggregate or an equivalent grade. Candidates belonging to SC/ST/OBC/Differently-abled categories are given a 5% relaxation in respect of this eligibility criterion. Candidates with an M.Phil. degree in the proposed field/subject, or have qualified for the UGC (JRF) Examinations/ NET/ SET/ SELT, etc., will be allowed to appear directly for the interview, without appearing in the RET. Impressive academic records, and any prior experience in research work, will be given additional advantages.

Q.5 - What relaxations are granted to the reserved categories for Ph.D. Admission to the University?

ANSWER: - Candidates belonging to the categories of SC/ST/OBC (Non-Creamy layer)/Differently-Abled, and so on, are given all relaxations prescribed by the Govt. of India and the UGC. These relaxations are provided in form of 5% reduced marks for them at post-graduation, and also in the minimum qualifying marks at RET. Thus, candidates belonging to these categories only need to score a minimum of 45% marks at RET, to qualify for the final interview.

Q.6 - How will be the pattern of RET?

ANSWER: - The syllabus or pattern of RET consists of subject-specific matters, research methodology, and aptitude (covering logical reasoning, numerical ability, analytical reasoning, statistics, etc.).Thus, RET will contain a total of 70 multiple-choice questions (MCQs).

Q.7 - Are M.Phil. Holders/UGC- NET (including JRF)/ UGC-CSIR NET (including JRF)/ SLET/ GATE exempted from appearing at RET?

ANSWER: - Yes. The holders of M.Phil. degrees in their respective fields/subjects are made exempt from appearing in RET. The same is the situation in cases of aspiring candidates who have qualified exams like UGC-NET (including JRF)/ UGC-CSIR NET (including JRF)/ SLET/ GATE, etc.

Q.8 - How is the application fee paid?

ANSWER: - The Application Fee (i.e. the fee for getting participated in RET) can be paid online or offline, like the Application Form. Payment Modes: DD (in Favor of the University) / NEFT/ Cash Deposit.

Q.9 - Do working candidates require to obtain NOC from employers for pursuing research at any University?

ANSWER: - Yes, necessarily. Working Professionals who are interested in research at any University are required to obtain the NOC (No Objection Certificate) from their respective employers, in order to avert any intrusion ever during the entire doctoral course.

Q.10 - Does an M.Phil. holder require to undergo Ph.D. coursework?

ANSWER: - Yes. M.Phil. holders are again required to undergo the coursework in Ph.D. at some Universities. However, their prior knowledge in the field/subject will be very supportive to them for learning and performing efficiently during the Ph.D. program.

Q.11 - Can I pay the yearly program/course fee in installments?

ANSWER: - Yes, you can pay the yearly course fee as many as in two installments, but well within the yearly session.

Q.12 - Does Any University provide any scholarship or stipend to pursuing scholars?

ANSWER: - Yes, of course. Many Universities offer scholarships as well as stipends to meritorious and talented candidates who undertake research studies at the University. Scholarships are granted to those candidates who come under the top 21 by scoring higher marks in RET and interviews. And, stipends are provided to those scholars who also give lectures to UG or PG students at the University, in addition to doing their Ph.D. coursework. The amount of the monthly stipend will be commensurate with the candidate’s qualifications and capabilities and may go up to Rs. 20,000.

Q.13 - What other many facilities are provided to research scholars at the University Campus?

ANSWER: - All necessary and constructive resources, amenities, and facilities are offered by well-established and prestigious universities to research scholars in various streams/subjects. These facilities include the following - spacious and peaceful study rooms, erudite and well-experienced academicians and research experts, Wi-Fi and diverse IT devices, state-of-the-art laboratories, well-stocked libraries, lavish R&D amenities, separate amenities for lodging and foods for male and female candidates, peaceful and constructive environment within the university campus, and many other comforting and convenient facilities and services.