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PhD in Management: Admission, Eligibility, Scope and Salary

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    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.

    Teerthanker Mahaveer University

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    PhD in Management Overview

    CategoryDetails
    Programme NamePhD in Management
    Degree LevelDoctoral / Research Programme
    DurationMinimum 3 years (including coursework)
    EligibilityMaster’s degree in Commerce/Management or related field with a minimum of 55% marks (as per UGC norms)
    Admission ProcessEntrance Test (TRAT) + Personal Interview + Research Proposal evaluation
    Coursework ComponentsResearch Methodology, Quantitative Methods, Research & Publication Ethics, Review of Literature, Discipline-Specific Course
    SpecialisationsManagement, Commerce, HRM, Finance, Marketing, Entrepreneurship, International Business, Operations, related fields
    Research AreasBusiness studies, organisational behaviour, financial markets, consumer behaviour, supply chain, strategic management, etc.
    Mode of StudyFull-Time / Part-Time (as per university norms)
    Career OpportunitiesProfessor, Researcher, Consultant, Analyst, Economist, Corporate Trainer, Senior Manager
    Key OutcomeHigh-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 NameConducted ByAcceptance
    UGC-NET / JRFNTAAccepted by almost all universities
    TRATTMUFor TMU PhD admissions
    PET / RETVarious universitiesUniversity-specific PhD entrance
    CAT / MAT / XAT (rare)IIMs / AIMA / XLRISometimes considered for PhD shortlisting

    Career Options after PhD in Management 

    Career OptionDescription
    University Professor / LecturerTeach at universities, guide research scholars, and publish academic papers.
    Post-Doctoral ResearcherWork on advanced research projects in India or abroad.
    Corporate Research AnalystAnalyse markets, industry trends, and business performance.
    Economist / Policy AnalystWork with government bodies, research organisations, and think tanks.
    Management ConsultantProvide strategic, financial, and operational consultancy to companies.
    Financial Analyst / Investment ResearcherWork in banking, equity research, corporate finance, and investment firms.
    Business Analyst / Data AnalystUse analytical tools to support business decisions and solve problems.
    Corporate Trainer / L&D ExpertConduct professional training in HR, leadership, communication, etc.
    Entrepreneur / Start-up MentorStart a business or mentor new entrepreneurs.
    Author / Academic WriterWrite books, research articles, and academic publications.
    Government / Public Sector RolesOpportunities in UGC, AICTE, PSU management, RBI, SEBI, etc.
    Senior Management RolesLeadership roles like HR Head, Strategy Manager, and Operations Head.

    Job Roles and Salary

    Job RoleDescriptionAverage Salary (₹ per annum)
    Professor/LecturerTeaching in universities and colleges8–15 LPA
    Research Analyst / EconomistMarket, policy, financial, or economic research7–18 LPA
    Corporate ConsultantBusiness growth, strategy, HR and finance consulting10–25 LPA
    Policy Advisor / Government ResearcherWorking with ministries, NITI Aayog, RBI10–20 LPA
    Business AnalystData-driven decision-making6–15 LPA
    Financial AnalystInvestment analysis, equity research6–18 LPA
    Entrepreneur / Start-up FounderLaunching research-based business ideasVaries

    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

    UnitTopics Covered
    Unit 1: Principles and Practices of Management
    • Processes and Scope of Management 
    • Universality of Management Principles 
    • Management Thoughts 
    • Planning & Organising: Importance, Barriers, Steps in Planning Process 
    • Principles of Organizing, Organization Theory 
    • Forecasting & Decision Making 
    • Leading: Concept, Leadership Theories, Leadership Development 
    • Controlling: Importance, Control Mechanisms, Effective Control System 
    • Resistance to Control & Overcoming Resistance
    Unit 2: Human Resource Management
    • Objectives and Functions of HRM 
    • Emerging Challenges in HRM 
    • Job Analysis: Job Description & Job Specification 
    • Methods of Job Analysis 
    • Human Resource Planning: Purpose & Process 
    • Recruitment & Selection: Sources of Recruitment, Stages of Selection Process, Selection Techniques
    Unit 3: Training and Development
    • Training Needs 
    • Training Methods 
    • Objectives & Process of Performance Appraisal 
    • Performance Appraisal Techniques 
    • Mobility: Promotion, Transfer 
    • Separation: Lay-Off, Retrenchment, Voluntary Retirement Scheme (VRS)
    Unit 4:Introduction to Marketing and Marketing Management
    • Marketing Concepts 
    • Marketing Process 
    • Marketing Mix (4Ps) 
    • Marketing Environment 
    • Consumer Buying Behaviour 
    • Market Segmentation, Targeting, Positioning (STP) 
    • Steps in Product Development 
    • Product Life Cycle (PLC) & Strategies
    Unit 5: Pricing Policies and Promotional Strategies
    • Pricing Policies & Constraints 
    • Pricing Methods 
    • New Product Pricing 
    • Product Mix Pricing Strategies 
    • Distribution Channels: Functions, Structure & Design 
    • Promotion Decisions: Promotion Mix, Advertising Decisions

    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

    EventDate
    Last date for application forms26 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.

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