PhD in Finance and Taxation is a minimum 3-year full-time course which can be extended to 5 years dealing with the basics of finance and accounting. Candidates holding a Masters degree or an equivalent degree from a recognized organization with 55% aggregate marks are eligible for this course. PhD in Finance and Taxation is mainly chosen by the students who want to pursue some research work in the financial and accounting field with analytical, logical and time management skills. Candidates must have a postgraduate degree in the relevant subject from a recognized university. Admissions to PhD in Finance and Taxation are done based on the entrance exam score followed by a personal interview session in the counselling conducted by the respective college itself. Candidates need to appear in exams like GATE/NET/JRF/SET etc.
Course Level | Doctorate |
Full-Form | Doctorate of Philosophy in Finance and Taxation |
Duration | 2 years (minimum). Extended up to 5 years |
Examination Type | Semester type + research thesis |
Eligibility | Candidate with a Masters degree in the respective field from a recognized university with minimum of 55% marks. |
Admission Process | Entrance-based + Interview |
Course Fee (Annually) | INR 8,800 to INR 64,292 |
Average Salary | INR 3,00,000 to INR 8,00,000 |
Top recruiting companies | State Bank of India, NBFC, BM Munjal University |
Job Positions | Teacher/ Lecturer, Banking Manager, Researcher, Economist etc. |
The admission process for a PhD in Finance and Taxation typically involves a rigorous selection process that may include an entrance exam, which tests the applicant's knowledge of finance and taxation concepts, research aptitude, and analytical skills.
Examinations |
GATE |
CSIR-NET |
State Eligibility Test SET |
The eligibility criteria for a PhD in Finance and Taxation varies by institution, but generally requires a master's degree in finance, accounting, economics, or a related field. Some institutions may also require applicants to have relevant work experience in finance or taxation.
The duration of a PhD in Finance and Taxation program typically ranges from 3 to 5 years, depending on the institution and the student's research progress.
The selection criteria for a PhD in Finance and Taxation program typically includes academic performance in previous degrees, research experience and publications, entrance exam scores, and letters of recommendation. Some institutions may also consider the applicant's statement of purpose and interview performance.
The application process typically involves submitting the application form along with required documents, paying the application fee (if applicable), and appearing for an entrance exam and/or interview.
The application fee for a PhD in Finance and Taxation varies by institution and may range from $50 to $100.
The syllabus for a PhD in Finance and Taxation typically includes courses in financial theory, taxation theory, research methods, accounting, economics, and elective courses in areas such as risk management, investment analysis, and international finance.
Graduates of a PhD in Finance and Taxation can pursue careers as professors, researchers, policy analysts, financial consultants, tax advisors, and more. Salaries vary depending on the job profile and the institution, but can range from $60,000 to $150,000 per year.
Graduates of a PhD in Finance and Taxation program can work in academia, government agencies, research institutions, private corporations, or non-profit organizations. Some job titles include finance professor, tax policy analyst, financial consultant, risk manager, and investment analyst.
Job Profile | Job Description |
Lecturer/ Teacher | A Lecturer/ Teacher is responsible for teaching and sharing his/ her knowledge to students about Accounts and Financial Management. |
Banking Manager | The job of a Banking Manager is to manage all the affairs of a bank i.e. related to sales, promotions etc. |
Economist | The role of an Economist is to analyze various issues in order to maximize a company’s profit. |
PH.D. ADMISSION PROCEDURE
DOCUMENTS CHECKLIST
FAQs About Ph.D. Program
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.