PhD in Management: Admission, Eligibility, Scope and Salary
Table of Contents
A PhD in Management is a research-based doctoral programme that focuses on advanced topics in business and management-related studies. It involves extensive research, seminars, a dissertation or thesis and coursework. The duration of this programme is 3-5 years. The programme is available in both full-time and part-time modes.
The degree provides candidates with in-depth knowledge of business and management fundamentals. It focuses on developing, advertising, and selling products and services. The programme requires a lot of time commitment and effort. During the programme, students get a lot of skills like management skills, critical thinking skills and research skills.
What is a PhD in Management?
A PhD in Management is a research-based programme that prepares students to get a broad understanding of the management-related field. To pursue this programme, candidates are required to complete a master's degree in management and commerce with atleast 55% marks.
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PhD in Management Overview
| Category | Details |
| Programme Name | PhD in Management |
| Degree Level | Doctoral / Research Programme |
| Duration | Minimum 3 years (including coursework) |
| Eligibility | Master’s degree in Commerce/Management or related field with a minimum of 55% marks (as per UGC norms) |
| Admission Process | Entrance Test (TRAT) + Personal Interview + Research Proposal evaluation |
| Coursework Components | Research Methodology, Quantitative Methods, Research & Publication Ethics, Review of Literature, Discipline-Specific Course |
| Specialisations | Management, Commerce, HRM, Finance, Marketing, Entrepreneurship, International Business, Operations, related fields |
| Research Areas | Business studies, organisational behaviour, financial markets, consumer behaviour, supply chain, strategic management, etc. |
| Mode of Study | Full-Time / Part-Time (as per university norms) |
| Career Opportunities | Professor, Researcher, Consultant, Analyst, Economist, Corporate Trainer, Senior Manager |
| Key Outcome | High-level research expertise, scholarly publications, and contributions to academic & industry knowledge |
Why pursue a PhD in Management?
- High Demand: Due to the growing need for experts in academia, the demand for a PhD graduate in Management is increasing rapidly. Many top universities, colleges and companies hire phd graduates specialised in commerce and management.
- Diverse Career Opportunities: A PhD in management opens up career opportunities in a wide range of fields. Graduates can work in research institutes or government agencies.
- High earning potential: A commerce and management PhD graduate will be able to earn an average of INR ₹ 600,000 to 1,200,000 per year. It demonstrates that a doctorate in management contributes to the high amount earned.
- Contribution to Knowledge & Innovation: A PhD in Management contributes to knowledge and innovation through original research that addresses gaps in existing literature or practice. This contribution is a novel addition to the ongoing academic discussion and real-world implementation of the business world.
PhD in Management Eligibility Criteria
- You must pass a master's degree in Commerce, Management, Economics, or related fields.
- You need to achieve at least 55% of the marks.
- You are required to qualify for the entrance test.
PhD in Management Entrance Test
| Exam Name | Conducted By | Acceptance |
| UGC-NET / JRF | NTA | Accepted by almost all universities |
| TRAT | TMU | For TMU PhD admissions |
| PET / RET | Various universities | University-specific PhD entrance |
| CAT / MAT / XAT (rare) | IIMs / AIMA / XLRI | Sometimes considered for PhD shortlisting |
Career Options after PhD in Management
| Career Option | Description |
| University Professor / Lecturer | Teach at universities, guide research scholars, and publish academic papers. |
| Post-Doctoral Researcher | Work on advanced research projects in India or abroad. |
| Corporate Research Analyst | Analyse markets, industry trends, and business performance. |
| Economist / Policy Analyst | Work with government bodies, research organisations, and think tanks. |
| Management Consultant | Provide strategic, financial, and operational consultancy to companies. |
| Financial Analyst / Investment Researcher | Work in banking, equity research, corporate finance, and investment firms. |
| Business Analyst / Data Analyst | Use analytical tools to support business decisions and solve problems. |
| Corporate Trainer / L&D Expert | Conduct professional training in HR, leadership, communication, etc. |
| Entrepreneur / Start-up Mentor | Start a business or mentor new entrepreneurs. |
| Author / Academic Writer | Write books, research articles, and academic publications. |
| Government / Public Sector Roles | Opportunities in UGC, AICTE, PSU management, RBI, SEBI, etc. |
| Senior Management Roles | Leadership roles like HR Head, Strategy Manager, and Operations Head. |
Job Roles and Salary
| Job Role | Description | Average Salary (₹ per annum) |
| Professor/Lecturer | Teaching in universities and colleges | 8–15 LPA |
| Research Analyst / Economist | Market, policy, financial, or economic research | 7–18 LPA |
| Corporate Consultant | Business growth, strategy, HR and finance consulting | 10–25 LPA |
| Policy Advisor / Government Researcher | Working with ministries, NITI Aayog, RBI | 10–20 LPA |
| Business Analyst | Data-driven decision-making | 6–15 LPA |
| Financial Analyst | Investment analysis, equity research | 6–18 LPA |
| Entrepreneur / Start-up Founder | Launching research-based business ideas | Varies |
TMU: A Leading Centre for Management Research
Choosing Teerthanker Mahaveer University for a PhD in Management provides you with a strong academic foundation and a rich environment for innovative research. The university provides access to advanced research labs, libraries, and other research tools to support your work. TMU promotes an ethic of questioning where scholars can think critically, work across the disciplines, and conduct research.
Course Content for Management Research at TMU
| Unit | Topics Covered |
| Unit 1: Principles and Practices of Management |
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| Unit 2: Human Resource Management |
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| Unit 3: Training and Development |
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| Unit 4:Introduction to Marketing and Marketing Management |
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| Unit 5: Pricing Policies and Promotional Strategies |
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Admission Process for PhD in Management at TMU
How to Apply
- You can apply online for the PhD programme through the official admission page of TMU.
- Finish the application form and fill out the information.
- Upload required documents
- After successfully applying, the TMU Admission Cell will coordinate with you for the entrance exam TRAT.
- Pay the admission fee and confirm your seat.
Required Documents for Application
Here’s a quick checklist of commonly required documents:
- Academic transcripts (Bachelor’s and Master’s)
- Statement of Purpose (SOP)
- Letters of Recommendation
- Updated CV or Resume
- Research Proposal
- Entrance Exam Scorecard
- Work Experience Certificate (if applicable)
- Passport-size photographs
- ID Proof (Aadhar, Passport, etc.)
Important Dates and Deadlines
| Event | Date |
| Last date for application forms | 26 December 2025 |
| Date of Entrance Test (TRAT) | 10 January 2026 |
Conclusion
A PhD in Management is a good option for those students who have a dream of becoming a teacher, researcher, consultant, or strategic leader. The programme equips scholars with advanced analytical skills and comprehensive knowledge in their specific fields, enabling them to contribute to new research in the business world. As more opportunities are emerging in the corporate, academic, and government fields, the degree is providing excellent career development and professional stability in the long run.
FAQ
Q1. Can a Commerce student do a PhD in Management?
Ans. Yes, management provides a strong foundation for pursuing a PhD in fields such as Commerce, Accounting, Finance, Economics, and Business Management.
Q2. What is the qualification for a PhD in Management?
Ans. To be eligible for a PhD in management, candidates typically need a master's degree in Commerce, an MBA, or a related field with a minimum of 55% marks.
Q3. What is the scope of a PhD in Management?
Ans. A PhD in management graduate can work as a business analyst, finance manager, CFO, CEO, and company secretary, among other positions.
Q4. Can I do a PhD without the net?
Ans. Yes, you can do a PhD without the NET exam through various universities and alternative admission routes.

