Aspirants seeking admission to the program must fulfill following Criteria:-

Academic Requirement:-

• Candidates for admission to the Ph.D. programme shall have a Master's degree or a professional degree declared equivalent to the Master's degree by the corresponding statutory regulatory body, with at least 55% marks in aggregate or its equivalent grade 'B' in the UGC 7-point scale (or an equivalent grade in a point scale wherever grading system is followed) or an equivalent degree from a foreign educational Institution accredited by an Assessment and Accreditation Agency which is approved, recognized or authorized by an authority, established or incorporated under a law in its home country or any other statutory authority in that country for the purpose of assessing, accrediting or assuring quality and standards ofeducational institutions.
• A relaxation of 5% of marks, from 55% to 50%, or an equivalent relaxation of grade, may be allowed for those belonging to SC/ST/OBC(non-creamy layer)/Differently-Abled and other categories of candidates as per the policy of Government of Maharashtra from time to time, or for those who had obtained their Master's degree prior to 19th September, 1991. The eligibility marks of 55% (or an equivalent grade in a point scale wherever grading system is followed) and the relaxation of 5% to the categories mentioned above are permissible based only on the qualifying marks without including the grace mark procedures.
•    In order to ensure that the utility based research under taken by experienced corporate managers with minimum service of 15 years in the various domain areas/specialisations in management, like Marketing, Human Resource, Finance, Business Economics, International Business, Information Technology etc, a new batch of corporate researchers will be formed. The co-supervisors for these corporate researchers will also be from Industries. This will be a unique and novel experience in the corporate research field. The mode of conduct of doctoral research program and the related course work will also be modified wherever necessary, for example, the corporate leaders need not frequently some to the college but our faculties will be visiting cities where the number of registered corporate researchers is more.
•  For the candidates working in organisations and applying as part time external candidate will have to submit a consent letter from the respective organization.
•    The candidates who are fellow members of Institute of Chartered Accountants of India (ICAI), Institute of Company Secretaries of India (ICSI), and Institute of Cost and Works Accountants of India (ICWAI), having five years of professional experience are also eligible. However they must have scored 55% marks at the graduations.

Duration of the Programme:  A researcher registered for the Ph.D. programme can submit his/her thesis after two years, after the completion of course work. The registration will remain valid for a maximum period of 5 years. Ph.D. program shall be for a minimum duration of three years, including course work and a maximum offive years.
The women candidates and Persons with Disability (more than 40% disability) may be allowed a relaxation of one year for Ph.D. in the maximum duration.

Fee Structure:

Application fee for SBUP- PET Rs. 1,500/-
Upon confirmation of eligibility for appearing of SBUP- PET

Examination fee for SBUP- PET Rs. 3,500/-
Pre Ph.D course work fee Rs. 5,000/-

Pre Ph.D course work exam fee Rs. 5,000/-

Fees for Ph.D Programme:

• Upto 3 years: Rs. 60,000 per year
• Refundable deposit: Rs. 10,000
• Year 4: Rs. 65,000 
• Year 5: Rs. 70,000
• Extended year 6: Rs. 75,000 
• Extended year 7: Rs. 80,000 per year

Fees for NRIs and International:

• Upto 3 years: USD 2500 per year
• Refundable deposit: USD 200
• Year 4: USD 2750
• Year 5: Rs. USD 3000
• Extended year 6: USD 3250 
• Extended year 7: USD 3500

Ph.D Candidates has to pay Rs. 50,000 as examination fees at the time of submission of thesis.For NRI and international students,  examination fees would be USD 2,000 at the time of thesis.