SRM University PhD in Business Admission 2024-25, Year Wise Comparison for Students Placed, News & Articles Details, Online Process

Doctor of Philosophy in Business About

A Doctor of Philosophy (PhD) in Business is a doctoral degree program designed to prepare students for careers as scholars and researchers in the field of business. The program typically takes between four and six years to complete and requires students to complete rigorous coursework and conduct original research in a specific area of business.

PhD in Business programs typically cover a wide range of topics, including finance, accounting, marketing, management, economics, and entrepreneurship. Students may also specialize in a particular area of business, such as organizational behavior, supply chain management, or international business.

In addition to coursework, PhD students in business must also complete a dissertation, which involves conducting original research and presenting their findings in a written document. This research should make a significant contribution to the field of business and may involve empirical research, theoretical analysis, or a combination of both.

Graduates of PhD in Business programs typically pursue academic careers as professors or researchers, although some may also work in industry or government positions. The degree is highly respected and can lead to a wide range of opportunities for those who are committed to advancing the field of business through research and scholarship.

Doctor of Philosophy in Business Highlights

Doctor of Philosophy in Business Entrance Exam

Doctor of Philosophy in Business Admission Process

Admission requirements for PhD in Business programs vary by institution, but typically include the following:

1. A bachelor's or master's degree in business or a related field
2. Strong academic record, including a minimum GPA requirement
3. Letters of recommendation from academic or professional references
4. A statement of purpose outlining the applicant's research interests and goals
5. Relevant work experience may also be considered

Doctor of Philosophy in Business Eligibility Criteria

Eligibility requirements for PhD in Business programs also vary by institution. Typically, applicants must have a bachelor's or master's degree in business or a related field, and meet the minimum GPA requirements. Some programs may also require applicants to have relevant work experience.

Duration of Doctor of Philosophy in Business

Doctor of Philosophy in Business Selection Criteria

Selection criteria for PhD in Business programs typically include academic record, research experience and potential, letters of recommendation, and fit with the program and faculty interests.

Some programs may also consider other factors such as relevant work experience or diversity.

Doctor of Philosophy in Business How to Apply

To apply for a PhD in Business program, students typically need to complete an online application and submit required documents, such as transcripts, letters of recommendation, and a statement of purpose. Some programs may also require applicants to participate in an interview or submit a writing sample. It is important to check with each institution for their specific application requirements and deadlines.

Doctor of Philosophy in Business Application Process

Doctor of Philosophy in Business Fee Structure

Doctor of Philosophy in Business Syllabus

1. Introduction to Business Research
2. Research Design and Frameworks
3. Quantitative Research Methods
4. Qualitative Research Methods
5. Sampling Techniques and Sampling Bias
6. Data Collection and Measurement
7. Survey Design and Questionnaire Development
8. Experimental Design and Control
9. Statistical Analysis: Descriptive Methods
10. Statistical Analysis: Inferential Methods
11. Multivariate Analysis Techniques
12. Factor Analysis and Structural Equation Modeling
13. Qualitative Data Analysis Techniques
14. Mixed Methods Research
15. Scholarly Writing and Research Presentations

Doctor of Philosophy in Business Job Scope

Academic Researcher/Professor: Many PhD graduates pursue careers in academia, conducting research, publishing scholarly articles, and teaching business-related courses at colleges and universities. They may also supervise graduate students, mentor junior faculty, and contribute to the advancement of knowledge in their field through research grants and academic conferences.

Business Consultant: PhD holders often work as consultants, providing expert advice to businesses on strategic planning, organizational development, market analysis, and operational efficiency. They may offer specialized services in areas such as finance, marketing, human resources, or supply chain management, helping companies solve complex problems and achieve their business objectives.

Corporate Executive/Manager: Some PhD graduates ascend to executive or managerial positions within corporations, leading departments or divisions in areas such as finance, marketing, operations, or strategic planning. Their advanced analytical skills, research acumen, and strategic thinking abilities make them valuable assets in driving business growth, innovation, and sustainability.

Entrepreneur/Startup Founder: Individuals with a PhD in Business may choose to start their own businesses or entrepreneurial ventures. Their deep understanding of business concepts, research methodologies, and market dynamics can help them identify market opportunities, develop innovative products or services, and navigate the challenges of launching and scaling a new business.

Policy Analyst/Researcher: PhD graduates can work as policy analysts or researchers for government agencies, think tanks, or non-profit organizations. They conduct research on economic trends, regulatory issues, and public policy implications for businesses and industries, providing insights and recommendations to policymakers and stakeholders.

Financial Analyst/Advisor: With expertise in finance, economics, and quantitative analysis, PhD holders can pursue careers as financial analysts or advisors in investment banks, asset management firms, or financial consulting companies. They analyze financial data, evaluate investment opportunities, and provide recommendations to clients on asset allocation and portfolio management strategies.

Market Research Analyst: PhD graduates may work as market research analysts, studying consumer behavior, market trends, and competitive dynamics to help businesses make informed decisions about product development, pricing, branding, and marketing strategies. They use advanced research methods and statistical techniques to collect and analyze data and generate actionable insights for businesses.

Government Economist/Policy Maker: Some PhD holders choose to work for government agencies or international organizations as economists or policy makers, contributing to the formulation and implementation of economic policies, regulations, and initiatives. They conduct economic research, analyze policy options, and provide recommendations to address economic challenges and promote sustainable development.

Non-profit Leadership/Management: PhD graduates can lead non-profit organizations or foundations focused on social entrepreneurship, community development, or economic empowerment. They develop strategic plans, mobilize resources, and implement programs to address social, environmental, or economic issues and make a positive impact on society.

Data Scientist/Analyst: With strong quantitative and analytical skills, PhD holders can pursue careers as data scientists or analysts in various industries, including technology, healthcare, finance, and retail. They collect, clean, and analyze large datasets to extract valuable insights, identify patterns, and inform business decision-making processes.

Doctor of Philosophy in Business Career Opportunities

1. University professor
   
2. Researcher or research analyst
3. Business Consultant
4. Corporate strategist
5. Economist
6. Financial analyst
7. Market researcher

Doctor of Philosophy in Business Top Colleges

Here are some of the top colleges for a PhD in Business:

Admission Process for Doctor of Philosophy in Business

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 Doctor of Philosophy in Business

• 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 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.