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PhD after MBA: Courses, Colleges, Duration, Salary, Scope, Abroad

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Sounak Banerjee

Associate Content Manager

PhD after MBA is a doctorate-level program offered in various MBA specializations such as PhD Finance, PhD Marketing, PhD Operation Management, PhD Human Resource Management, and others.

The minimum eligibility criteria for PhD after MBA is a 2-Year MBA degree with qualifying either UGC-NET or GATE Exam. Along with the minimum qualifying score, a research proposal, letter of recommendation and work experience increases the chance of getting admission to the Top MBA Colleges. It usually takes 3-5 years to complete PhD after an MBA in India, while the duration of PhD after MBA abroad can be as long as 4 to 7-Years.

Check: Top PhD Colleges after MBA

FMS New Delhi, BHU, IIMs, and IITs are the top MBA colleges that are known for their PhD programs after MBA.

PhD after MBA has a vast scope in teaching and research professions. The average PhD after MBA salary ranges from INR 2,00,000 - INR 14,00,000.

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PhD After MBA: Highlights

Course Level Doctorate
Duration 3 to 5-Years
Eligibility Postgraduate degree with relevant subjects.
Mode of Education Regular and Distance
Admission Process Entrance Tests
Average Fee INR 5,000 - INR 5,00,000
Job Profiles Finance Manager, Managing Director, Market Research Analyst, Customer Services Manager, Professor, Chief Operating Officer, etc.
Average Salary INR 2,00,000 - INR 14,00,000

Benefits of PhD after MBA

Before we go into details of every Ph.D. after MBA program, we shall look into the advantages and benefits of PhD after MBA and why is PhD after MBA a great career option.

  • Ph.D. after MBA provides the opportunity to conduct research, conduct in-field study of concepts and specializations that couldn't have been possible during MBA.
  • MBA Degree in itself provides lucrative career options, but after Ph.D., MBA degree becomes much more valuable.
  • The research during PhD after MBA leads to awareness of the new business insights and trends worldwide, which helps in managing business more efficiently.
  • A person with PhD degree after MBA can make lucrative compensations. A top MBA College professor makes millions more than just an MBA degree holder.
  • Ph.D. after MBA allows working in the field of research in management, finance, or business which puts them apart from any other managers pursuing only an MBA.
  • PhD after MBA in Management opens the door to becoming a professor in leading business schools, which is the most sought-after career.
  • After doing Ph.D. after MBA, candidates can work as consultants in top firms, because of their skill sets and research methodologies.
  • PhD after MBA candidates can also work as analytics consultants as they are preferred over any other degree holders because of their skills and experience in research.

PhD After MBA: Top Specializations

There are various specializations available in which you can pursue a PhD after MBA. Some of the top PhD specializations that work best in favor of your MBA degree are mentioned below:

Specialization Description
Business Economics It is a combination of economic analysis with business and the major areas of focus are Development Economics, Behavioral Economics, Urban Economics, etc.
Accounting Accounting focuses on solving issues, using economics related to accounting.
Finance The prime areas of focus are Asset Pricing, Portfolio Management, Corporate finance, Macroeconomics, International Finance, etc.
Operations, Information & Technology It focuses on the study of the management of systems, networks, and processes.
Organizational Behavior The prime areas of focus are psychology, sociology and their impact on behavior within complex organizations.
Marketing It focuses on solving marketing management issues faced by the companies. 

PhD Finance after MBA

  • PhD Finance is a research-oriented course that gives the student an excellent academic career. 
  • Students go for Ph.D. Finance after completing MBA Finance.
  • There are a few business schools like IIMs, FMS New Delhi, ISB, and IIT that do provide Ph.D. in Finance. 
  • PhD Finance deals with the advanced study of Valuation of Shares, Privatization and Globalization, Cost and Management Accounting, etc.
Program Name Doctor of Philosophy in Finance
Duration 3-Years
Eligibility Post Graduation in courses like Accountancy, Economics or Mathematics with a minimum aggregate of 55%.
Entrance Exams UGC NETRMATJNUEE, GTU PhD Entrance Exam
Top Colleges DOMS IIT MadrasIIFT New DelhiAU BangaloreAmity University, Noida
Average Salary INR 5,00,000 - INR 14,00,000
Job Profiles Stockbroker, Statistician, Finance Manager, Corporate Banking Executive, etc.
Top Recruiters HCL, TATA Consultancy, Accenture, Genpact, Reliance, Bajaj, Airtel, etc.

PhD Marketing after MBA

  • PhD Marketing is a 3-Year doctorate program to prepare students to teach and perform research in marketing and related fields.
  • Admission to this course is done on the basis of the entrance exam and personal interview. Any candidate with a postgraduate degree in a relevant course is eligible to apply for PhD after MBA in Marketing.
  • PhD Marketing is highly competitive and offers job opportunities such as Market Research Analyst, Marketing Communications Leader, Marketing Executive, etc. with an average salary of INR 2,00,000 - INR 10,00,000.
Program Name Doctor of Philosophy in Marketing
Duration 3-Years
Eligibility Masters’ degree in any relevant course.
Entrance Exams UGC NET, CSIR NET, ICMR JRF
Top Colleges KIIT BhubaneswarNU AhmedabadIIFT KolkataAU BangaloreAmity University, Mumbai
Average Salary INR 2,00,000 - INR 10,00,000
Job Profiles Brand Manager, Market Research Analyst, Marketing Executive, Marketing Manager, New Product Manager, Teacher & Lecturer, Tell Caller/Telesales, etc.
Top Recruiters Accenture, Basil Lifecare Pvt. Limited, DHTC Logistics Limited, Daimler India Commercial Vehicles Pvt. Limited, and Raymond Limited, etc.

PhD Operation Management

  • PhD Operation Management is a 3 to 5-Year doctoral course which deals with the control of operations and processes in an organization.
  • PhD after MBA in operations management offers jobs in MNCs, Corporate Houses, and Manufacturing sector companies.
  • The minimum eligibility is MBA/PGPM or PGDM in Operation Management with a minimum aggregate of 55%.
Program Name Doctor of Philosophy in Operation Management 
Duration 3 to 5 Years
Eligibility MBA/PGPM or PGDM in Operation Management with a minimum aggregate of 55%.
Entrance Exams UGC-NETX-RAT, CSIR-UGC-NET
Top Colleges IIM KolkataIIT BombayIIT MadrasIIM KashipurLIBA Chennai
Average Salary INR 7,00,000 - INR 10,00,000
Job Profiles Operations Manager, Operations Team Leader, Customer Services Manager, Service Delivery Manager, etc.
Top Recruiters MNCs, Corporate Houses, Manufacturing sector companies, etc.

PhD Organization Behaviour after MBA

  • PhD Organization Behaviour is a 3 to 5 Year doctorate degree dealing with human behavior at various organizations.
  • A candidate with a Master’s degree or an M.Phil. in the respective field of study with a minimum aggregate of 55% is eligible for PhD after MBA in Organization Behaviour.
  • After successful completion of Ph.D. Organization Behaviour course, the candidates can find employment in firms like Academic Institutions, Colleges, Finance, Marketing, Information Technology, etc. with an average salary of INR 4,00,000 - INR 8,00,000.
Program Name Doctor of Philosophy in Organization Behaviour
Duration 3 to 5 Years
Eligibility Master’s degree or an M.Phil. in the respective field of study with a minimum aggregate of 55%.
Entrance Exams CSIR UGC NET, DBT JRF, ICMR JRF, CET
Top Colleges DU New DelhiSJMSOM MumbaiMDI GurgaonIIFT New Delhi
Average Salary INR 4,00,000 - INR 8,00,000
Job Profiles Associate, manager, Business Analyst, Lecturer & Professor, Data Analyst, Business Development Manager, etc.
Top Recruiters HDFC Bank, IBM, McKinsey and Company, Boston Consulting Group, Google, Larsen and Toubro, Bajaj, and Hyundai.

PhD Business Management after MBA

  • PhD Business Management is a 3-Year doctorate program that deals with activities that are involved in running a business such as leading, monitoring, organizing, and planning.
  • A master’s degree with relevant subjects and a minimum aggregate of 50% or more makes a student eligible for PhD after MBA in Business Management.
  • PhD in Business Management graduates can seek employment in areas like Colleges and universities, Finance, information technology, Banking, Management, Operations, Supply chain management, MNCs, Product development, Human resources, etc. with an average salary of INR 4,00,000 - INR 8,00,000.
Program Name Doctor of Philosophy in Business Management
Duration 3 Years
Eligibility Post Graduate degree in a relevant subject.
Entrance Exams XATXIMB-RATR-MAT, UGC NET, BITS Pilani PhD Entrance Examination
Top Colleges FMS New DelhiIIM KolkataDMS IIT DelhiMDI GurgaonDOMBITS Pilani
Average Salary INR 4,00,000 - INR 8,00,000
Job Profiles Senior Marketing Manager, Human Resource Manager, Data Analyst, Business Development Manager, Associate, etc.
Top Recruiters Morgan Stanley, Microsoft, KPMG, Deloitte, Accenture, Reliance, HCL, Wipro, Infosys, Adani Group, Larsen and Toubro, Tata Group, Google, Facebook, etc.

PhD Business Administration after MBA

  • PhD Business Administration is a 3 to 5 Years doctorate program that imparts knowledge on building an analytical understanding of business principles.
  • A masters’ degree in any business-related field makes you eligible for PhD after MBA in Business Administration.
  • The candidates can work as Administration Manager, Events Executive, Business Administrative Executive, etc. with an average salary of INR 7,00,000 - INR 17,00,000.
Program Name Doctor of Philosophy in Business Administration
Duration 3 to 5 Years
Eligibility A masters’ degree in a business-related field.
Entrance Exams UGC NET, IBSATJETCUCETLPUNEST 
Top Colleges IIM AhmedabadIIM Bangalore, IIM CalcuttaIIM LucknowXLRI Jamshedpur, MDI Gurgaon
Average Salary INR 7,00,000 - INR 17,00,000
Job Profiles Administration Manager, Events Executive, Business Administrative Executive, Professor, etc.
Top Recruiters Universities, Banks, MNCs, Administrative sectors, etc.

PhD Human Resource Management after MBA

  • Ph.D. in Human Resource Management is a 3 to 5 Year doctorate program that deals with teaching processes and policies that organizations follow to maximize productivity and efficiency. 
  • It teaches students the necessary skills in order to become a human resource managers.
  • A master’s degree in a relevant field from a UGC recognized university or foreign university makes a candidate eligible for Ph.D. after MBA in Human Resource Management.
  • A candidate can become an HR Manager, HR Executive, or HR Consultant with an average salary of INR 6,00,000 - INR 11,00,000.
Program Name Doctor of Philosophy in Human Resource Management
Duration 3 to 5 Years
Eligibility Masters’ degree in the relevant discipline with at least 55% marks from a UGC recognized Indian or foreign university.
Entrance Exams UGC NET, CSIR NET, JNUEE
Top Colleges IIM KolkataIIT BombayDOMS IIT MadrasKIIT BhubaneswarSU Greater NoidaNU Ahmedabad
Average Salary INR 6,00,000 - INR 11,00,000
Job Profiles Human Resource Manager. HR Executive, HR Consultant, Training Coordinator, Training Manager, Recruitment Consultant, Personnel Manager, HR Director, etc.
Top Recruiters IBM, WIPRO, HCL, Infosys, TCS, Reliance, Bharti Airtel, Deloitte, Cognizant, HDFC Bank, etc.

PhD in Commerce and Management after MBA

  • PhD Commerce and Management is a 3 Year doctorate program aimed at teaching commerce and business management.
  • To pursue Ph.D. after MBA in Commerce and Management, a candidate must hold a masters’ degree, MBA, or MPhil with a minimum aggregate of 55%.
  • Candidates can seek employment in leading sectors such as Finance, Management, Commerce, etc. with an average salary of INR 3,00,000 - INR 40,00,000.
Program Name Doctor of Philosophy in Commerce and Management
Duration 3 Years
Eligibility Master’s degree in Commerce, MBA or M.Phil. with a minimum aggregate of 55%.
Entrance Exams UGC NET
Top Colleges ACCF NoidaGU AhmedabadRama University, KanpurBU TiruchirappalliAmrita Vishwa Vidyapeetam, Kochi CampusAFU Faridabad
Average Salary INR 3,00,000 - INR 40,00,000
Job Profiles Business Analysts, Finance Managers, CFO, CEO, etc.
Top Recruiting Sectors Banking, Finance, eCommerce, Marketing, and Management.

PhD Management Studies after MBA

  • PhD Management Studies is a 3-Year doctorate program that aims to teach students about management and organizational skills.
  • A masters’ degree in a related stream of management studies with a minimum aggregate of 50-60% makes a candidate eligible for Ph.D. after MBA in Management Studies.
  • The course enables students to seek employment in leading sectors of Retail, Marketing, Sales, Business, Consultancies, etc. with an average salary of INR 2,00,000 - INR 20,00,000.
Program Name Doctor of Philosophy in Management Studies
Duration 3 Years
Eligibility Masters’ degree in a related stream of management studies with a minimum aggregate of 50-60%
Entrance Exams UGC NET, ICAR, JRF
Top Colleges MDI GurgaonLPU JalandharDIT DehradunABS JaipurDMS IIT Delhi
Average Salary INR 2,00,000 - INR 20,00,000
Job Profiles Business Analyst, Data Analyst, Management Analyst, Marketing Manager, Production Manager.
Top Recruiting Sectors Retail, Marketing, Sales, Business, Consultancies, etc.

PhD Disaster Management after MBA

  • PhD Disaster Management is a 3-Year doctorate program dealing with the field of Environment and Disaster Management.
  • The eligibility criteria of the program are qualifying Master’s degree or M.Phil in the relevant field with a minimum of 55% aggregate and a minimum work experience of 5 years.
  • Although the course curriculum is different from an MBA program, it has a lot of scope for MBA students to work in areas like defense, insurance, chemical industries, natural disaster management, etc. with an average salary of INR 2,50,000 - INR 12,00,000.
Program Name Doctor of Philosophy in Disaster Management
Duration 3 to 5 Years
Eligibility Master’s degree or M.Phil in the relevant field with a minimum of 55% aggregate.
Entrance Exams NET, JNUEE, DET
Top Colleges Tripura University, TripuraSIMATS Chennai, Jamsetji Tata School of Disaster Studies, Mumbai, Amity Institute of Disaster Management, Noida
Average Salary INR 2,50,000 - INR 12,00,000
Job Profiles Environmental Specialist, Rehabilitation Expert, Homeland Security Analyst, etc.
Top Recruiting Sectors Petroleum Industries, Insurance Companies, Chemical Industries, Law Enforcement Authorities, etc.

PhD Banking and Finance after MBA

  • PhD Banking and Finance is a 3 Year doctorate program in Banking and Finance formulated to help students in understanding the major areas of domestic and international banking, economics, and investment.
  • A masters’ degree in any relevant field from a recognized university is the minimum eligibility criteria for PhD after MBA in Banking and Finance.
  • Students can get jobs at Colleges and Universities, Stock Exchanges, Banks, etc. with an average salary of INR 1,80,000 - INR 6,00,000. 
Program Name Doctor of Philosophy in Banking and Finance
Duration 3 Years
Eligibility A masters’ degree in any relevant field from a recognized university.
Entrance Exams Mumbai University PET, R.A. Poddar College of Commerce and Economics Entrance Test.
Top Colleges MU MumbaiPRSU AllahabadKPB Mumbai, SPPU PuneISBR Business School Bangalore
Average Salary INR 1,80,000 - INR 6,00,000
Job Profiles Stockbroker, Analyst, Statistician, Credit Control Manager, Teacher/ Lecturer, Financial Manager, etc.
Top Recruiting Sectors College and Universities, Stock Exchange, Banks, Private Companies, etc.

PhD After MBA in Abroad

PhD after MBA has a lot of scopes abroad as well. Abroad there is a greater advantage in terms of its recognition and scope.

Tabulated below are top business schools abroad that offer PhD after MBA.

College Name Program Name
University of Sydney, Australia Doctor of Philosophy- Business
University of Melbourne, Australia Doctoral Program in Management
Harvard University, Cambridge PhD in Business Administration
Columbia University, New York PhD in Business
Kellogg School of Management, Evanston PhD in Finance, Management and Organizations, Marketing
Cornell University, New York PhD in Management
ANU Australia Doctor of Philosophy- Business and Economics

PhD After MBA: FAQs

Ques. Can PhD be done after MBA?

Ans. Yes, PhD can be done after MBA. To pursue PhD, a candidate must hold a masters’ degree in relative fields with a minimum aggregate of 50-60%.

Ques. What are the PhD courses after MBA?

Ans. PhD in Finance, Management Studies, Business Management, Business Administration, Banking and Finance, Marketing are some of the popular courses after MBA.

Ques. Is PhD better than MBA?

Ans. If you want to pursue a career in research, or you want to become a professor in top business schools then PhD is better after an MBA degree.

Ques. Does a PhD after MBA make sense?

Ans. Yes, PhD after MBA completely makes sense as it gives you an upper hand when it comes to better job opportunities, and also in teaching professions.

Ques. What is the procedure to get admission into a PhD after an MBA?

Ans. A candidate is required to have a masters’ degree in a relevant field, with a minimum aggregate of 50-60%. They are also required to give entrance exams, whichever is applicable followed by a personal interview.

Ques. What are the job opportunities after PhD?

Ans. Candidates can work as Finance Manager, Managing Director, Market Research Analyst, Customer Services Manager, Professor, Chief Operating Officer, etc. after a PhD in MBA related subjects.

Ques. What are the benefits of a PhD after MBA?

Ans. The benefits of a PhD after MBA are:

  • PhD allows working in the field of research in management, finance, or business which puts them apart from any other managers pursuing only an MBA.
  • PhD after MBA in Management opens the door to becoming a professor in leading business schools, which is the most sought after career.
  • PhD candidates can work as consultants in top firms, because of their skill sets and research methodologies.
  • PhD candidates can also work as analytics consultants as they are preferred over any other degree holders because of their skills and experience in research.

Ques. Can I do a PhD after MBA in HR?

Ans. Yes, you can do a PhD after MBA in Human Resource Management as it offers good opportunities to work as HR manager, executive, consultant, etc.

Ques. What is the duration of PhD after MBA?

Ans. The duration of PhD after MBA ranges from 3 to 5 years.

Ques. Can I do a PhD from IIM?

Ans. Yes, IIMs offer PhD programs after MBA in Human Resource Management, Business Management, Business Administration, etc.

Ask your question

Answered Questions

AR

Astha Roy

23 Feb 22

Your brother has a fairly good chance of section as his CAT percentage is well-above the required cutoff. For 2021, IIM Kozhikode cutoff was 85 (for general category students). But the selection depends a lot on the interview performance too. So, ask your brother to prepare thoroughly for the interview round. 

You can go through the section criteria and the admission procedure of the institute to clear any doubts you may have. 

...Show More

AS

Anika Sinha

31 May 22

NMIMS Mumbai is a good option for MBA. It ranks right after the old and top IIM. NMIMS Mumbai placements are excellent. Many national and multinational companies take part in campus recruitment. During placements 2022, students received an average CTC of INR 19.40 LPA.

The academics offered at NMIMS can be compared to premium management institutes. NMIMS employs a case-study-based teaching methodology. It has a tie-up with Harvard Business Review. 

One of the drawbacks of the institute is the huge batch size. NMIMS student intake is over 500. Due to the large batch size, the competition during placement becomes extremely high. 

...Show More

AC

Anumita Chowdhury

25 May 22

Professional life after an MBA from NITIE Mumbai can be promising and rewarding. NITIE continues to be one of the top management institute in the country. Many alumni of the institute are working as CEOs at reputed companies.NITIE Mumbai placements 2022 ended with an average CTC of INR 25.41 LPA. 

...Show More

AB

Anumita Banerjee

31 May 22

Symbiosis Pune MBA is comparable to IIM Lucknow, Indore, Kozhikode, Narsee Monjee, and MDI. It is better than most of the tier 3 IIM. SIBM Pune MBA placements are pretty good, especially for HR and Marketing. 

SIBM Pune placements 2022 ended with an average CTC of INR 23.06 LPA. The major recruiting sector was Consulting, FMCD or FMCG. 

...Show More

AM

Ashmita Mukharjee

25 May 22

Yes, NMIMS, Mumbai is an excellent option for an MBA. Due to the locational advantage, it offers good placements and exposure. Huge list of companies visit the campus placement each year. NMIMS Mumbai placements highlights for 2022, show an average CTC of INR 19 LPA.

NMIMS Mumbai focuses a lot on academics outside of traditional classroom teaching. Their approach to academics is unique. You will learn through Bloomberg labs, the WeCare internship program, an unparalleled repository of e-journals and market data. 

The only drawback for the institute is its huge batch size. This results in a dip in placements. 

...Show More

SG

Sinchita Guha

23 May 22

PUMBA is undoubtedly the best B-School in Pune. It offers the best ROI, after FMS, JB, and SIMSREE. PUMBA MBA fees are INR 1.29 Lakhs only. While the average CTC for the institute is only INR 6.47 LPA. 

PUMBA follows an effective trimester course pattern and major and minor specializations. The campus has good infrastructure with a well-equipped library, gymnasium and medical facilities. 

...Show More

TB

Tushar Banerjee

30 May 22

DoMS IIT Madras is counted among the top management institutes in India. It has a great placement record. Companies like Google, Avalon consulting, Amazon, RBS, CTS, etc. visit the campus drive regularly. IIT Madras MBA placements 2022 concluded with an average CTC of INR 16.66 LPA. 

DoMS IITM strives for excellence. The faculty base is brilliant. You can get help from TAs and faculty members regarding any problem you face. Being on the lush green IITM campus is a treat. There are many engaging extra-curricular activities that you can take part in. 

...Show More

SB

Sakshi Banerjee

14 Mar 22

The PGPX IIMU-Purdue Supply Chain Management duel degree program is a unique program. 

  • The coursework is rigorous. Over the first 5 months, students learn fundamental subjects of Supply Chain Management along with basic subjects of management such as Finance, Accounting, Management, Statistics, etc. 
  • IIM Udaipur offers quality education, which is reflected in the faculty pool and the academic rigor. 
  • Faculty members make sure that students are getting the right projects for their corporate internships. 
  • Students of this program get to spend a 5-month long semester at Purdue University’s Krannert School of Management. Other than the compulsory core subjects, there is a wide variety of electives on offer as well. 
  • The placement scenario for this PGPX program is excellent. The 2021 batch got an average CTC of INR 19.27 LPA

This program will offer you a learning experience that is beyond academics and textbooks. You will get to build networks with students and faculty members from around the globe. 

...Show More

AG

Anuj Gupta

30 May 22

BITS Pilani MBA fees for this academic year is INR 11.10 Lakhs. Here is the year-wise fee structure for the MBA program. 

First Year Fees  INR 5,61,575 (it includes admission fee of INR 48,100)
Second Year Fees INR 5,48,435 (this amount includes practice school fees)
Total Fees INR 11,10,010

The course fee is likely to increase upwards for the next academic year. The increase in fees won’t be more than 10% compared to the previous year's fees.

...Show More

AM

Abanti Mukharjee

26 May 22

For an MBA degree, BIMTECH will be the best option among these. It has a clear focus on management education and also has the backing of Birla group. BIMTECH placements are pretty good for MBA. According to the recent placement drive, around 95.28% of students got placement offers and the average CTC received by the students was INR 8.07 LPA. 

...Show More

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