PhD In Business Administration - Finance and Real Estate Admission 2024-25, Preparation, Important Topics, Practice Papers

PhD In Business Administration Finance About

A PhD in Business Administration with a concentration in Quantitative Finance is a rigorous and challenging program that aims to develop expertise in the intersection of finance and mathematics. Students pursuing this degree will gain advanced knowledge and skills in financial theory, quantitative methods, risk management, and investment analysis. The program typically takes 4-6 years to complete, and students are expected to conduct independent research and produce original contributions to the field of finance.

The concentration in quantitative finance focuses on the application of mathematical models and statistical techniques to financial data, enabling students to solve complex problems in finance and economics. The curriculum includes advanced coursework in topics such as financial econometrics, stochastic calculus, asset pricing theory, and portfolio optimization. Students are also expected to have a strong foundation in mathematics, statistics, and computer science.

Graduates of a PhD program in Business Administration with a concentration in Quantitative Finance are well-prepared for careers in academia, research, and industry. Many PhD holders in this field work as professors at universities or researchers in government agencies, think tanks, or private firms. They may also work in the finance industry as analysts, traders, or risk managers, using their advanced quantitative skills to develop investment strategies and manage financial risk.

PhD In Business Administration Finance Highlights

PhD In Business Administration Finance Entrance Exam

The specific entrance exam requirements vary by institution. Generally, students are required to take the Graduate Record Examination (GRE) or the Graduate Management Admission Test (GMAT).

Some institutions may also require the Test of English as a Foreign Language (TOEFL) or the International English Language Testing System (IELTS) for non-native English speakers.

PhD In Business Administration Finance Admission Process

1. Admission to a PhD program in Business Administration with a concentration in Quantitative Finance is highly competitive.

2. Applicants must have a master's degree in a related field, such as finance, economics, mathematics, or statistics, from an accredited institution.

3. They must also have a strong academic record, typically with a minimum grade point average (GPA) of 3.0 on a 4.0 scale.

4. In addition to academic qualifications, admission decisions are based on other factors, such as research experience, work experience, recommendation letters, and personal statements.

Duration of PhD In Business Administration Finance

• The program typically takes 4-6 years to complete, depending on the student's research progress and other factors.
• Some programs may offer an accelerated option for students who have completed a related master's degree.

PhD In Business Administration Finance Selection Criteria

Admission decisions are based on a combination of factors, including academic qualifications, research experience, work experience, recommendation letters, and personal statements.

The selection criteria may vary by institution, but generally, admission is highly competitive.

PhD In Business Administration Finance How to Apply

• Students can apply to PhD programs in Business Administration with a concentration in Quantitative Finance through the institution's website or online application portal.
• The application typically includes transcripts, test scores, recommendation letters, a personal statement, and a research proposal.
• Students should also be prepared to pay an application fee.

PhD In Business Administration Finance Application Process

The application form and process for a PhD program in Business Administration with a concentration in Quantitative Finance vary by institution.

Generally, students can apply online through the institution's website or online application portal. The application typically includes transcripts, test scores, recommendation letters, a personal statement, and a research proposal. Students should also be prepared to pay an application fee. It is important to carefully review the application requirements and deadlines for each institution and to ensure that all materials are submitted on time.

PhD In Business Administration Finance Fee

Syllabus of PhD In Business Administration Finance

The syllabus for a PhD program in Business Administration with a concentration in Quantitative Finance typically includes advanced coursework in financial theory, quantitative methods, risk management, and investment analysis. The curriculum may include courses in financial econometrics, stochastic calculus, asset pricing theory, portfolio optimization, and other topics related to finance and mathematics. In addition to coursework, students are expected to conduct independent research and produce original contributions to the field of finance.

Job Scope after PhD In Business Administration Finance

Graduates of a PhD program in Business Administration with a concentration in Quantitative Finance typically earn high salaries, particularly if they work in the finance industry. According to the US Bureau of Labor Statistics, the median annual wage for financial analysts was $83,660 in May 2020. Professors in this field can earn salaries ranging from $60,000 to $200,000 or more, depending on the institution and their level of experience.

Career Opportunities after PhD In Business Administration Finance

Graduates of a PhD program in Business Administration with a concentration in Quantitative Finance are well-prepared for careers in academia, research, and the financial industry. They may work as professors, researchers, analysts, traders, or risk managers. Some may also work in government agencies, think tanks, or consulting firms, using their advanced quantitative skills to develop investment strategies and manage financial risk.

PhD In Business Administration Finance Top Colleges

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%

FAQs About 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.