Doctorate in Philosophy in Finance or simply PhD in Finance is a doctorate course that is offered by several top institutes or Universities in India .It is a research-oriented course that offers the candidates deeper insight to the concepts of finance and also enables them to undertake research in relevant fields.
The minimum time frame to complete the course is 3 years which can be extended up to and not more than 5 years.
In order to pursue a PhD in Finance, one must clear either of the entrance examinations held at the national and university level followed by several rounds of interviews. The candidates also need to pass their relevant masters degree with a minimum aggregate score of 55% or more. Some of the popular entrance tests for admission into PhD in Finance programs are UGC NET, GATE, NMIMS etc. The average course fee ranges between INR 2000 -INR 5,00,000
PhD Finance syllabus deals with the advanced study of Valuation of Shares, Privatization and Globalization, Meaning and definition of Business Environment, Cost and Management Accounting, Industrial Growth and Structural Changes, etc
Some of the top PhD Finance Colleges are IIT Madras,Indian Institute of Foreign Trade, New Delhi, and many more. IIMs offer doctoral programs under the name of Fellow Program in Management or commonly referred to as the FPM.
Course Level | Doctorate |
Full-form | Doctor of Philosophy in Financial management |
Duration | 3 years |
Eligibility | Completed post graduation in courses like Accountancy, Economics or Mathematics with minimum 55% marks. |
Mode(s) of Education | Regular |
Admission Process | Entrance test |
Course Fee | INR 5,000- INR 5,00,000 |
Average Salary | INR 3 LPA - INR 8 LPA |
Job Positions | Stockbroker, Statistician, CFA, Credit Control Manager, Finance Manager, Corporate Banking Executive, etc. |
Top Recruiters | HCL, TATA Consultancy, Accenture, Genpact, Vodafone, Oracle, Accenture, Reliance, Bajaj, Airtel, etc. |