A PhD in Mercantile or Business is a doctoral degree program that focuses on advanced studies and research in the field of commerce and business management. This program is designed to develop critical thinking, analytical, and problem-solving skills in students and prepare them for careers in academia, research, or industry. The coursework in a PhD in Mercantile program generally covers a wide range of topics, including business theory and practice, organizational behavior, marketing, economics, accounting, finance, and information systems. Students are also required to complete research and dissertation writing in their chosen area of specialization. The duration of a PhD in Mercantile program can vary depending on the institution and the individual student's pace of study, but typically takes anywhere from four to seven years to complete. Graduates of a PhD in Mercantile program can pursue a range of career options, including academic positions as professors or researchers, consulting roles in the private or public sector, or leadership positions in industry.
Stream | Doctor of Philosophy |
Course | PhD In Mercantile |
Full Name | Doctor of Philosophy in Mercantile |
Eligibility Criteria | Master in relevant Subject with 55 % marks |
Duration | 3 Years |
Fees | Notified Soon |
Type | Degree |
Mode | Year |
Most universities and colleges offering a PhD in Mercantile program require applicants to take an entrance exam.
The exam may test the candidate's knowledge in the field of business and commerce or may evaluate their aptitude for research.
The entrance exam may vary by institution, so it's best to check with the specific program to determine the exact exam requirements.
To be admitted to a PhD in Mercantile program, applicants are typically required to have completed a master's degree in a relevant field, such as business, economics, or management.
Applicants may also be required to submit letters of recommendation, a statement of purpose, and a research proposal.
The eligibility criteria for a PhD in Mercantile program may vary by institution, but typically require applicants to have:
The duration of a PhD in a Mercantile program typically ranges from 3-5 years, depending on the institution and the student's pace of study. The program usually involves coursework, research, and dissertation writing. |
The selection criteria for a PhD in Mercantile program may vary by institution, but typically consider the applicant's academic achievements, research experience, and potential for academic or professional success. The selection committee may also consider the applicant's statement of purpose, research proposal, letters of recommendation, and performance in the entrance exam.
To apply for a PhD in Mercantile program, candidates should follow these steps:
Research potential universities and colleges offering a PhD in Mercantile program. |
Review the admission requirements and eligibility criteria for the program. |
Prepare and submit the necessary application materials, including academic transcripts, letters of recommendation, a statement of purpose, and a research proposal. |
Take the required entrance exam, if applicable. |
Wait for the admission decision from the institution. If accepted, the candidate can enroll in the program and begin coursework and research. |
The application form for a PhD in Mercantile program can typically be found on the website of the institution offering the program.
Candidates must fill out the application form and submit it along with other necessary documents, such as transcripts, letters of recommendation, and a research proposal.
The application process for a PhD in Mercantile program typically involves the following steps:
Graduates of a PhD in Mercantile program can pursue a range of career opportunities, including academic positions as professors or researchers, consulting roles in the private or public sector, or leadership positions in industry. The salary for these positions varies widely depending on the location, sector, and level of experience of the candidate. According to payscale.com, the average salary for a Professor in India with a PhD in Commerce is around INR 1,150,000 per year.
Wait for the admission decision from the institution. If accepted, the candidate can enroll in the program and begin coursework and research. |
Professor or researcher in a university or research institution. |
Consultant in a private or public sector organization. |
Manager or leader in a company or organization. |
Entrepreneur starting a new business venture. |
Government or policy advisor. |
Some of the top colleges for a PhD in Mercantile in India include:
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.