Doctorate in Finance (Doctor of Philosophy) [PhD] Course details , Duration,Fees,Job,Scope ,Top colleges

Duration
3-5 years
Average Fees
INR 50, 000 to 5,00,000
Overview

About Doctor of Philosophy [PhD] (Finance) course:

Doctor of Philosophy in Finance is a Doctoral degree which imparts understanding and in-depth knowledge of finance and its concepts and terminologies. It is a research-oriented programme that offers deep insight into Finance sector.

Doctor of Philosophy in Finance course deals with the study of privatisation, taxation, accounting, banking, business environment, financial planning, industrial growth, shares and stocks, management accounting, global business, globalization, etc.

Over the recent years there is immense growth in finance, banking, and insurance sectors. Doctor of Philosophy in Finance course research topics are related to market volatility, international finance, trading mechanics, valuation of financial instruments and so forth.

 This course involves heavy portions of practical and theoretical learning and mathematical analysis. Students who want to pursue their career in research and training in Finance must pursue Doctor of Philosophy in Finance course.

The average course fees for Doctorate in Finance (Doctor of Philosophy) [PhD] Courses range between INR INR 50, 000 to 5,00,000.

Doctorate in Finance (Doctor of Philosophy) [PhD] Quick facts

Highlights for Doctorate in Finance (Doctor of Philosophy) [PhD] program are provided in the table given below:

Course Level Doctorate
Full form Doctorate in Finance (Doctor of Philosophy) [PhD]
Duration 3-5 years
Examination type Semester
Eligibility Students must have completed post-graduation and having master’s degree in Finance / MBA / MPhil in Finance with 55 % aggregate marks from a recognized university (50 % in case of SC/ST students) are eligible.
Age Limit No age limit
Course fee INR 50, 000 to 5,00,000
Average Salary INR 5.0-8.0 LPA
Job Positions Statistician, Financial Consultant, Business analyst, Risk Management Adviser
Doctorate in Finance (Doctor of Philosophy) [PhD]  Eligibility & Entrance exam

Eligibility Criteria for Doctor of Philosophy [PhD] (Finance) course:

Every college and university have certain admissions criteria that students must achieve in order to take admission in the Doctor of Philosophy in Finance course.

Students must have completed post-graduation and having master’s degree in Finance / MBA / MPhil in Finance with 55 % aggregate marks from a recognised university (50 % in case of SC/ST students) are eligible.

There is no maximum age to apply for Doctor of Philosophy in Finance course.

To qualify in an entrance exam is also an eligible condition for some colleges.

No backlogs should be remained at the time of admission in Doctor of Philosophy in Finance course.

Entrance exam for Doctor of Philosophy [PhD] (Finance) course:

Admission process of every college is different from one another. For exact information candidates must visit the college's official websites, in which they want to take admission. The admission process done through online and offline modes.

Few colleges and universities provide admission on entrance tests basis, which is held at national level, or state level such as UGC-NET, ICMR JRF, GATE, Symbiosis International University Ph.D. Entrance Test) (SIU PET) etc.

Entrance exam

Conducting body

Exam type

UGC-NET

National Testing Agency (NTA)

Online

ICMR JRF

Indian Council of Medical Research

Online

Symbiosis International University Ph.D. Entrance Test) (SIU PET)

Symbiosis International University

Online

GATE

Indian Institute of Science & 7 IIT’s (Roorkee, Madras, Delhi, Guwahati, Kanpur, Kharagpur, Bombay)

Online

While few colleges and universities provide admission into Doctor of Philosophy in Finance course on merit basis. But for that students need to follow the following steps. Admission can be done either online or offline. 

Candidates must visit the official website for college in which they want to apply for admission purposes.

Students have to fill the online application form

Incomplete or wrong information will be rejected.

Students can make payment of fee through credit/Debit cards.

The students can also make payments through a bank e-challan.

After successful filling the application form students will receive an email.

The final selection will be done, once the application is received and students are invited for documentation verification round and interview.

Candidates are shortlisted on the basis of documentation, academic performance and interview; college will decide to allot a seat or not to candidate.

Doctorate in Finance (Doctor of Philosophy) [PhD]  Duration & Fees

Doctor of Philosophy [PhD] (Finance)course duration:

The duration required to complete Doctor of Philosophy in Finance course is minimum three years and maximum five years. It gives emphasis on independent research project.

Topics of study covered during the curriculum are Statistical Analysis, International Macroeconomics and Finance, Calculus, Financial Markets in the Macroeconomy, Actuarial Science, Venture Capital, Asset Pricing, Corporate, Econometric Methods, Corporate Finance, Governance, Empirical Methods in Finance, Portfolio Choice, Behavioural Finance, Options Pricing & Credit Risk, Market Design, and many more.

Doctor of Philosophy [PhD] (Finance) course fees:

The approximate fees required to pursue Doctor of Philosophy in Finance course is INR 50,000-5,00,000 lacs. The fee varies depending on the location and whether the college/university is private/deemed or public.

Doctorate in Finance (Doctor of Philosophy) [PhD]  Jobs,Scope,Salary after course

Scope of Doctor of Philosophy [PhD] (Finance) course:

After completion of Doctor of Philosophy in Finance course, there are wide range of job opportunities available and they can assign to job roles of Business Analysts, Statistician, Stockbroker, CFA, Finance Manager, Credit Control Manager, Corporate Banking Executive, etc.

They get job opportunities in areas such as auditing departments, corporate banking, financial consulting, Credit Administration, Financial Consultancies, etc.

Recruiters which hire such professionals are Accenture, HCL, TATA Consultancy Services, Oracle, Genpact, Bajaj Vodafone, Airtel, Reliance, etc.

The average salary offered to fresher after completing Doctor of Philosophy in Finance course is INR 5.0-8.0 LPA.

Job type

Job description

Approximate salary per year

Statistician

A statistician is someone who solves real-world business problems works in the field of applied statistics.

Their duties include gathering appropriate data, processing and then analysing the raw data to help in decision-making of critical business with the help of specialized software.

7,00,000 lacs

Financial Consultant

A Financial Consultant is someone who manages end to end company financial conditions by keeping records of financial status and investments of the company.

Making plans that can give profit to the company for long-term investments in the coming years.

5,00,000 lacs

Business analyst

Business analysts are responsible for improving systems and processes of business by organizing research and analysis to solve business problems with their clients.

6,50,000 lacs

Risk Management Adviser

Responsibility of Risk Management Adviser is to detect risks by observing processes, outlining findings, analysing data, drafts and delivers presentations, reports and recommending solutions.

Duty is to create assessment methodologies for appropriate risk.

6,00,000 lacs

Doctorate in Finance (Doctor of Philosophy) [PhD]  Top colleges offering course

Top Colleges for Doctor of Philosophy [PhD] (Finance) course:

For the exact information candidates are advised to visit the official website of colleges. The above given information is an overview but while taking admission in any college, must learn few things about college such as guest lecturers from industry, contemporary education techniques, Experienced academicians, advanced Infrastructure, Industry Connect Initiatives, campaigns, Placements history and alumni network, Lecture Schedule, Ranking, and many more.

Shortlisted candidates need to bring following documents at the time of admission.

Mark sheets of the class 10, class 10+2 examinations.

Graduation level certificates and Mark sheets.

Post- Graduation level certificates and Mark sheets.

Date of Birth proof (Certificate issued at time of birth).

Aadhaar Card

Caste certificate (if required) and Domicile Certificate

Two passport size photograph photos.

Name of college

Location

Approx. fees per year

Sharda University

Greater Noida

64,000

Ahmedabad University

Ahmedabad

1,60,000 lacs

Amity University

Noida

3,20,000 lacs

Kalinga Institute of Technology

Bhubaneshwar

2,40,000 lacs

Alliance School of Business

Bangalore

4,20,000 lacs

 

 

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