• FACULTY RECRUITMENTS
  • JOB OPPORTUNITIES
  • IIMB DIGEST
  • SCREEN READER ACCESS
  • SKIP TO MAIN CONTENT

Icon

  • IIMB Review Committee Report Positive Impact Carbon Footprint Report 2023 Admissions For Recruiters

The Indian Institute of Management Bangalore (IIMB) believes in building leaders through holistic, transformative and innovative education

Read More >>

IIM Bangalore offers Degree-Granting Programmes, a Diploma Programme, Certificate Programmes and Executive Education Programmes and specialised courses in areas such as entrepreneurship and public policy.

Diploma Programme

  • Post Graduate Programme in Public Policy and Management (PGPPM)

Certificate Programmes

  • N. S. Ramaswamy Pre-doctoral Fellowship (NSR Pre-doc)
  • Mahatma Gandhi National Fellowship

UG Programme

  • BBA in Digital Business and Entrepreneurship (BBA DBE)
  • Exec Education

Centres Of Excellence

To focus on new and emerging areas of research and education, Centres of Excellence have been established within the Institute. These ‘virtual' centres draw on resources from its stakeholders, and interact with them to enhance core competencies

CENTRES OF EXCELLENCE

  • Capital Markets & Risk Management
  • Corporate Governance & Sustainability
  • Digital Public Goods
  • Mizuho India Japan Study Centre
  • Software & IT Management
  • Supply Chain Management
  • Teaching & Learning

Faculty members at IIMB generate knowledge through cutting-edge research in all functional areas of management that would benefit public and private sector companies, and government and society in general.

IIMB Management Review

Journal of indian institute of management bangalore.

  • Give to IIMB
  • Degree-Granting Programmes and Certificate Programme
  • Doctor of Philosophy (Ph.D.)
  • Specializations

Finance & Accounting

Iimb institutional review board (irb).

Through their teaching, research, and professional activities, area faculty members aim to influence the theories of asset pricing, financial management, and financial reporting. Area faculty’s research on fundamental questions in finance and accounting has been published in leading academic accounting journals. Some recent areas of interest include: Corporate Finance, Financial Management of Non-Corporate Sector, Asset Pricing, Capital Markets, Corporate Governance, Financial Institutions and Services, Market Microstructure, Risk Management

Research Overview

Touching upon Corporate Finance, Asset Pricing, and Risk Management in the Banking and Finance sector, Professor V. Ravi Anshuman sets the context for research by faculty in the Finance and Accounting area at IIMB. He also offers a broad overview of the curriculum and highlights the strength of the Area’s faculty body.

Research Spotlight

Mutual funds sahi hain . Are they really? For whom? Given the rise in passive investing, Mareeswaran’s thesis examines the impact of passive investing on managerial decision-making. His study provides valuable insights for regulators, corporate managers, and investors for a better understanding of passive investing.

Rajaram’s research question lies at the intersection between labour economics and corporate finance. He examines the information externalities of downsizing for rival firms and finds that that downsizing decisions, which cite declining demand as the reason for layoffs, have a greater contagion effect whereas layoffs, made for efficiency reasons, have a greater competitive spillover effect. His research is of interest to firms and investors alike.

Sanchit Jain examines if announcements of equity financing decisions by group-affiliated firms have any spillover effects on the market value of their member firms. If so, what factors explain this spillover? His study has been carried out in India, but the results are broadly expected to hold in all markets with business groups.

  • Recent Dissertations
  • Ongoing Research
  • Core courses taken by students in the area
  • Faculty Members

Chhavi Shekhawat Essays on Off-Balance Sheet Liabilities 2024
Prateek Jain Essays on Mutual Fund Performance in India 2024
Rajdeep Sharma Essays on International Capital Flows 2024
A Prabhu Venkatachalam Essays on Revenue Recognition 2023
Padma Narayanan Essays on Loan Defaults 2023
Srijith Mohanan Essays on Creditor Rights 2023
Velavan S Environmental Performance and Firm Decisions 2023

Nikhil Vidhani

Trading Volume and Dispersion of Signals

2022

Sesha Sai Ram Meka

Three Essays on the Financial Characteristics of Indian Private Firms

2021

Srikanth Balasubramanian

CEO Traits, Broad Diversity, and Firm Investment Outcomes

2021

Nabendu Paul

Essays on Financing Frictions and Demand for External

2021

Harshali Damle

Essays on the Influence of Culture on Equity Markets

2021

Ankitkumar Kariya

Essays on Financial Intermediation and Corporate Finance

2021

Jalaj Pathak

Impact of Central Bank Speeches – A new Approach in Text Analysis 

2021

Rajesh Kumar Sinha

The Effect of Macroeconomic Variables on Analyst Forecast Properties

2020

M Joel Christopher Essays In Banking
Sanchit Jain Essays on Investment and Financing Decisions
Rajaram PR Essays on Corporate Downsizing, Investment & Financing Decisions
Mareeswaran M Essays on Impact of Growth in Passive Ownership on Managerial Decision-Making
Rajeev Kumar Agarwal Essays on Indian Derivatives Market

Shreyansh Chaurasiya

Essays on Creditor Rights and Bankruptcy

Akshay Dhuria

Essays on Stock Price Crash Risk

Arnab Biswas

Macroeconomic and Monetary Policy risk and Bond Premia: Indian Market Perspective

1 Introduction to Asset Pricing Theory
2 Corporate Finance 1
3 Financial Econometrics
4 Financial Derivatives
5 Selected Topics in Empirical Corporate Finance Research
6 Indian Financial Markets and Institutions
7 Accounting Theory & Empirical Research
8 Asset Pricing - II (Microfoundations of Finance)
9 Banking Theory- Seminar
10 Corporate Finance II

Click here for brochure

To learn more about faculty in the area click here

Sandeep Yadav

CollegeDekho

Frequently Search

Couldn’t find the answer? Post your query here

  • PhD Finance and Accounting Colleges in India 2024

Top PhD Finance and Accounting Colleges in India 2024

Applied Filters :

  • Ph.D. (Doctor of Philosophy)
  • Finance and Accounting

Showing 14 PhD Finance and Accounting Colleges in India

Iim bangalore.

Carousel

9.8 - 25.9 Lacs Fees

AICTE Accredition

  • Shortlisted by  1545+  students
  • Fees and Courses (13)
  • Get Free Counselling
  • Download Brochure

Gokul Global University

Carousel

10 K - 1.25 Lacs Fees

UGC Accredition

12 Lacs Avg Package

  • Shortlisted by  2428+  students
  • Fees and Courses (90)

Thiagarajar School of Management, Madurai

Carousel

90 K - 6.32 Lacs Fees

AIU Accredition

7 Lacs Avg Package

  • Shortlisted by  2783+  students
  • Fees and Courses (5)

PARUL INSTITUTE OF ARTS

5000 - 7.91 Lacs Fees

GSEB 12th Exams

  • Shortlisted by  120+  students
  • Fees and Courses (521)
  • Talk to our Experts

PARUL INSTITUTE OF AYURVED

  • Shortlisted by  115+  students

PARUL INSTITUTE OF AYURVED AND RESEARCH

  • Shortlisted by  112+  students

PARUL INSTITUTE OF COMMERCE

  • Shortlisted by  109+  students

Parul Institute of Engineering & Technology-Vadodara

  • Shortlisted by  110+  students

PARUL INSTITUTE OF FINE ARTS

Parul institute of nursing, vaghodiya, parul institute of pharmacy, limda 233.

NAAC Accredition

PARUL INSTITUTE OF PUBLIC HEALTH

  • Shortlisted by  113+  students

parul institute of Social Work

  • Fees and Courses (523)

PARUL POLYTECHNIC INSTITUTE, LIMDA

Engineering related news, ap pgecet gate/gpat seat allotment result 2024 (released): download link, reporting dates, maharashtra dse cap round 3 option form 2024 activated: direct link, last date, mp b.arch admission 2024 - internal sliding registration (september 2 to 9), reporting (september 10), jharkhand lateral entry diploma admission 2024 - seat allotment round 3 (out), download seat allotment round 3 (sept 1 to 7), dte mp b.e/ b.tech admission 2024 - seat allotment round 2 (out), download admission order, reporting (sept 3 to 6), iit jam registration link 2025 activated at joaps.iitd.ac.in, gate 2025 aerospace engineering: exam date, syllabus, question papers, pattern, cutoff, maharashtra m.tech admission 2024: reporting to the allotted institutes (last date sept 3), display of vacant seats (sept 4-10), counselling, cutoff.

CollegeDekho's expert counsellors can help you with all your doubts

  • Enter a Valid Name
  • Enter a Valid Mobile
  • Enter a Valid Email
  • Select Level UG PG Diploma Ph.D Certificate
  • By proceeding ahead you expressly agree to the CollegeDekho terms of use and privacy policy

Confused about your exam or college applications ?

Details Saved

O.P. Jindal Global University

Ph.D. Finance

About the programme.

The Ph.D. programme at Jindal School of Banking & Finance (JSBF) is designed to prepare future professionals for challenges that require an integrated view of the innerworkings of financial markets and institutions. In addition, students can expect to gain a thorough understanding about financial decision‑making and its modelling. Students will develop the ability to independently analyse and formulate research questions to propose and implement creative solutions for contemporary issues faced by decision‑makers, entrepreneurs and financial market participants.

phd in accounting and finance in india

Broad Areas of Research

Students can pursue research in the Banking and Financial Services Industry or related functional areas in one of the following broad themes꞉

Finance ꞉ Corporate Finance, Entrepreneurial Finance, Sustainable Finance, Behavioural Finance, Investments and Portfolio Management.

Economics ꞉ Behavioral Economics, Macroeconomics, Indian Economy, Development Economics, Labor Economics, Financial Economics.

Accounting ꞉ Earnings Management, Corporate Governance, Fraud and Forensics, Public Policy Accounting, Digital Accounting, Taxation.

Strategy and Technology꞉ Financial Technology, Blockchain, Digital Currency, Artificial Intelligence Applications, Industry Models and Methods.

  • Eligibility
  • CATEGORIES OF ADMISSION
  • APPLICATION & SELECTION PROCEDURE

Master’s Degree or any other degree recognized equivalent thereto in (a) Business Administration or Economics or Commerce or in allied subjects or in Engineering/ Technology with at least 55% marks OR (b) Post Graduate Diploma in Management recognized as equivalent to MBA by AICTE with 55% marks or equivalent grade therein.

Professional qualification such as CA/ICWA/ CFA/ CS (both 5 year integrated or 3 years after graduation) with minimum 55% marks.

Applicants with more than 3 years of industry / teaching / practicing/ managerial / professional experience will be given preference.

Applicants shall be admitted to the Ph.D. Programme under one of the following categories:

  • Full-time Ph.D. Student (with or without fellowship) “means a person enrolled in the Ph.D. Programme devoting full-time to completing the requirements of the degree.”
  • Part-Time Ph.D. Student (without fellowship) “means a person who is registered in the Ph.D. Programme devoting part of his/ her time for completing the requirements of the degree while discharging other employment obligations.”

Admission & Selection

The minimum and maximum period of study and research shall be three years and six years respectively from the date of registration of the student.

Credit Requirement & Coursework Details Credit Requirement & Coursework

Campus Location

Information, quick links.

O.P. Jindal Global University

  • Jindal Global Law School
  • Jindal Global Business School
  • Jindal School of International Affairs
  • Jindal School of Government and Public Policy
  • Jindal School of Liberal Arts and Humanities
  • Jindal School of Journalism and Communication
  • Jindal School of Banking & Finance
  • Jindal School of Art and Architecture
  • Jindal School of Environment & Sustainability
  • Jindal School of Psychology and Counselling
  • Jindal School of Languages and Literature
  • Jindal School of Public Health and Human Development
  • Naveen Jindal Young Global Research Fellowship
  • Office of the Dean of Research
  • Office of Doctoral Studies
  • Office of Interdisciplinary Studies
  • Jindal Centre for Digital Sciences
  • Global Library
  • Jindal India Institute
  • Jindal Institute of Behavioural Sciences
  • International Institute for Higher Education Research and Capacity Building
  • Jindal Institute of Leadership Development and Executive Education
  • Life at JGU
  • Alumni Network
  • Campus Events and Festivals
  • Clubs and Societies
  • Community Engagement and Social Responsibility
  • Student Housing
  • Student Support Services
  • Founding Chancellor
  • Founding Vice-Chancellor
  • Governing Council JGU
  • University Professors
  • Academic Leadership
  • Administrative Leadership
  • Office of International Affairs & Global Initiatives
  • Recognitions

The Economic Times

The Economic Times daily newspaper is available online now.

Unlock financial insights: guide to pursuing a phd in finance management.

Whatsapp Follow Channel

Several prestigious institutions in India offer a PhD in Finance program, which is a research-oriented course that provides a deeper understanding of financial concepts. To pursue this program, candidates must pass entrance exams and have a minimum overall score of 55% in their relevant master's degree.

_0006_business-analytics-concept-with-digital-data-diagrams-chart-financial-dashboard-company

Top professional courses on Leadership

Offering CollegeCourseWebsite
IIM KozhikodeSenior Management Programme
MIT xPROMIT Technology Leadership and Innovation
IIM CalcuttaExecutive Programme in Leadership & Management


Doctorate in Philosophy in Finance Management

Finance

3 Years


Rs.10,000 to Rs.50,000


Should have completed a postgraduate programme in accounting, economics, or mathematics with a minimum grade point average of 55%

Doctorate

Entrance test


A corporate banking executive, a stockbroker, a statistician, a CFA, a manager of credit control, a manager of finance, etc.
Rs.5 lakh to 8 lakh

Accenture, Genpact, Vodafone, Oracle, Accenture, Reliance Industries, Bajaj, Airtel, HCL, TATA Consultancy, etc.

About PhD in Finance Management

  • A PhD in Finance is a research-focused programme that prepares students for advanced academic and research careers in economics and finance.
  • Those who want to apply for admission to the programme must have managerial, leadership, logical, and analytical abilities.
  • Accounting, economics, financial management, and other related topics are all studied in finance.
  • Students pursuing a PhD in finance receive training in subjects such as corporate finance theory, investments, and statistics.
  • In their course curriculum, the students also have the opportunity to investigate various financial markets and products.
  • A PhD in Finance is a research-based programme designed specifically for academic or research-based careers.
  • While the majority of institutions demand that applicants have a Master's in business administration, some of them admit students to PhD in finance programmes after they have already earned their bachelor's degrees.

Why do a PhD In Finance?

  • High income - A PhD in Finance graduate may expect to make between INR 4 LPA and INR 8 LPA in income on average. According to the website Pay Scale, the average pay of a PhD in Finance graduate is roughly INR 12,50,000 PA, and it rises with experience. In addition to this, the candidates receive perks and additional benefits including DA, Provident Funds, Travel Expenses, and health insurance.
  • Careers: After completing the course, students have the option of pursuing a career in academia or industry. Both professional paths have equal financial success. They have the choice to pursue a career as a professor, lecturer, or associate professor in academia. They can choose to work as market research analysts, investment bankers, etc. in the industrial sector.
  • Job Stability: The majority of PhD finance graduates choose to work in academia because it offers job security. In industrial employment, they are typically hired in top-level roles, primarily as consultants, which are thought to be more stable and have a lower attrition rate.

PhD Finance Management Admission Process

  • Step 1: registration. Candidates must go to the entrance examination authorities' website, register using an email address or phone number, and create a login ID.
  • Step 2: Complete the application form - Students who wish to pursue a PhD in finance must complete the applications for the relevant institutions. Online application forms are available for filling out. Candidates must offer information about the cities where they prefer to take the entrance exams as well as essential academic information.
  • Step 3: Upload the different documents. Candidates must upload the different documents in their desired size and format. Then, the applicants must pay the application fees and print a receipt for their records.
  • Step 4: Candidates must appear for the admission exam, which is compulsory for all applicants. Each university administers its own admissions tests. The students are invited for the interview based on how well they did on the entrance exam.
  • Step 5: Attend the interview - Following the announcement of the admission test results, the chosen students are contacted for an interview. The interview may include several rounds. The candidates must present their theses as well as the research areas they will focus on throughout their PhD studies.
  • Step 6: Admission to the College - Students who pass the interview will be contacted for the rest of the admissions process and given permission to enrol in the relevant university.

Eligibility Criteria for PhD Finance

  • The student must complete his or her post-graduate studies at an accredited university in subjects like accounting, economics, or mathematics. The PhD in Finance Course accepts applications from candidates from the MBA Finance Stream as well.
  • Additionally, the student must have earned at least a 55% in their post-graduation course. Candidates who are SC/ST/OBC/PwD receive a 5% mark reduction.
  • There is no maximum age for admission to the PhD programme.

Entrance Exams For PhD In Finance

  • NET UGC Exam
  • PET SIU Exam
  • JNU PhD Admission Test
  • GTU PhD Admission Test

PhD Finance Top Colleges

  • Ahmedabad University
  • Alliance School of Business
  • Amity University
  • Department of Management Studies-IIT Madras
  • Gitam University of Management
  • Indian Institute of Foreign Trade
  • Kalinga Institute of Technology
  • National Institute of Technology
  • Shailesh J. Mehta School of Management
  • Sharda University

PhD Finance Career Options

Frequently asked questions, read more news on.

What prompted a proxy vote against auditor appointments at ICICI Bank, YES Bank,:Image

What prompted a proxy vote against auditor appointments at ICICI Bank, YES Bank, IDFC First et al.

Trading at high PE, these 15 mid-cap stocks look expensive, yet give good return:Image

Trading at high PE, these 15 mid-cap stocks look expensive, yet give good returns

Inside the SC ruling that makes ‘bail a rule’ in money laundering cases:Image

Inside the SC ruling that makes ‘bail a rule’ in money laundering cases

RBI and Fed are singing different tunes as world awaits next payments tech wave:Image

RBI and Fed are singing different tunes as world awaits next payments tech wave

Bank stocks are underperforming. And you should blame high food prices for this:Image

Bank stocks are underperforming. And you should blame high food prices for this

Cracks in export backbone: MSME units in 4 manufacturing hubs shut shops as glob:Image

Cracks in export backbone: MSME units in 4 manufacturing hubs shut shops as global orders dry up

The Economic Times

Find this comment offensive?

Choose your reason below and click on the Report button. This will alert our moderators to take action

Reason for reporting:

Your Reason has been Reported to the admin.

avatar

To post this comment you must

Log In/Connect with:

Fill in your details:

Will be displayed

Will not be displayed

Share this Comment:

Uh-oh this is an exclusive story available for selected readers only..

Worry not. You’re just a step away.

phd in accounting and finance in india

Prime Account Detected!

It seems like you're already an ETPrime member with

Login using your ET Prime credentials to enjoy all member benefits

Log out of your current logged-in account and log in again using your ET Prime credentials to enjoy all member benefits.

To read full story, subscribe to ET Prime

₹34 per week

Billed annually at ₹2499 ₹1749

Super Saver Sale - Flat 30% Off

On ET Prime Membership

Unlock this story and enjoy all members-only benefits.

Offer Exclusively For You

Save up to Rs. 700/-

ON ET PRIME MEMBERSHIP

Get 1 Year Free

With 1 and 2-Year ET prime membership

Get Flat 40% Off

Then ₹ 1749 for 1 year

ET Prime at ₹ 49 for 1 month

Freedom Offer

Get flat 20% off on ETPrime

90 Days Prime access worth Rs999 unlocked for you

phd in accounting and finance in india

Exclusive Economic Times Stories, Editorials & Expert opinion across 20+ sectors

Stock analysis. Market Research. Industry Trends on 4000+ Stocks

​Get 1 Year Complimentary Subscription of TOI+ worth Rs.799/-​

Stories you might be interested in

Ph.D. in Finance & Banking

phd in accounting and finance in india

  • COVID-19 Updates

How Can We Help You ?

We are happy to answer all your admission related enquiries. Fill out the form and we will be in touch with you shortly.

Thank you for writing to us.

We acknowledge the receipt of your enquiry. Our team will get back to you shortly.

Ph.D. in Finance & Banking |

Finance is one of the preferred areas of Ph.D. under Management Studies. Finance specialization covers wide range of topics which are relating to finance in micro aspects as well as macro aspects. Under micro aspects areas like financial problems of a business unit are covered. Under macro aspects financial markets and policy issues are covered. Major topic of research will be relating to issues of raising of the funds by a firm. This activity involves so many topics which can be researched. Here the management perspective also comes. Raising of the right amount of funds from right source and at right cost involves lot of research. The other aspects of research could be, once the funds are raised, how to use it in an optimum way. The distribution of surplus by a business and use of internal source can also be covered here.

The macro aspect of finance includes topics like financial markets, financial institutions, financial instruments, micro finance, Government finance and various policy issues relating to these components. Under financial markets research areas can be relating to capital markets, money markets, credit markets, foreign currency markets, Government security markets etc. There is a lot of scope to cover in the research, various financial instruments. Apart from traditional finance instruments, now a day there is lot of research required for structured products and products which are used for risk management like derivatives. In India and in the world, there are many issues relating to management, solvency, restructuring of various financial institutions in innovative ways. The other areas are relating to NBFCs, private equity, venture capital, micro finance and Government finance. All these topics are highly dynamic because there is continuous change in policy relating to them by Government to make the financial system robust. Hence, it gives ample opportunity of research to a researcher.

  • Financial Aid

[email protected]

+91 70282 33777

WhatsApp Chat

Key Information

  • Programme Code ST1756
  • Course Type Ph.D.
  • Mode of study Regular
  • Campus Vidyavihar - Mumbai
  • Institute K J Somaiya Institute of Management

Guide Associated

Sr.No. Research Guide Qualification Research Areas
1 M.Com., M.A., CAIIB, Ph.D Commercial Banking, Corporate Finance, Financial Inclusion, Financial Markets
2 Ph. D (Management), FCMA, M Com, FDP IIMI Corporate Behaviour, Payment banks, Digital Finance, Corporate Finance, Management Accounting and control, Behaviour Finance, Banking
3 Ph.D. (RTM Nagpur University, 2013) Industrial Relations, Employee Relations, Sustainability, Corporate Governance, Health Policy, Data Privacy, AI Regulations, Banking Regulations, Gender, Diversity, Inclusion
4 Ph.D., M.Phil., MBA (Finance) Financial Services, Capital markets, Asset Risk and Return, Corporate Finance, Consumer Behaviour
5 PhD (Management), FCMA, B.Com Capital Markets, Mutual Funds, Behavioural Finance, Corporate Governance, Financial Statements and Analysis
6 Ph.D. (University of Mumbai, 2019) Corporate Governance, Corporate Finance, Financial Inclusion, ESG
7 Ph.D. (ITM University Raipur, 2017) Behaviour Finance, Corporate Governance, Consumer Behaviour

PhD Accountancy: Course Details, Eligibility, Admissions, Colleges, Syllabus, Jobs & Salary 2022

phd in accounting and finance in india

  • 06 July, 2024 : SLIET Ph.D Admissions 2024 is ongoing till September 10, 2024.

Being a research-oriented course that involves robust training and critical judgement of knowledge, PhD in Accounting or Doctor of Philosophy in Accountancy begins with advanced and specialized courses that emphasize in the research based dissertation. With the main focus on Economics, Business, Finance, Accounts, Statistical, and research, a doctoral degree in Accounting would end with the submission of thesis and research work done over the period of 3 to 6 years.

The overall percentage of the aspiring candidates should be at least 55% in either M.Com or M.Phil. in the respective subjects from a recognized University to be eligible for this course.

Admission to PhD in Accountancy courses is based on either of the following Entrance exams or on the basis of the merit of the candidates. 

Ph.D Accountancy: Course Details

  • PhD Accountancy: About the Course

PhD Accountancy: Admission Process

Phd accountancy: eligibility criteria, phd accountancy: entrance exams, phd accountancy: distance education, ph.d accountancy: syllabus, phd accountancy: jobs, phd accountancy: faqs.

The Qualifying Exams are National or State level and some of the Institutes also conduct personal Interviews to choose the most deserving and desirable candidates based on the abstract of their proposed thesis. PhD or doctorate in Accountancy is a full- time course, Indira Gandhi National Open University (IGNOU) offers a distance learning course for PhD in Accounting. The average fee starts from INR 15,000 and goes upto INR 50,000.

Firms such as export companies, the insurance industry, financial institutions, research and development, commercial sectors, and economic consultancy provide ample opportunities for accounting scholars.

Apart from these, you may also work for the customs department, government banks, financial firms, Indian Economics Services (IES) and Indian Statistical Services (ISS) in the government sector. The average annual starting salary can be around INR 7-14 LPA in India.

Course type Doctorate Degree
Course Duration 3 years
Course Examination Type Semester System
Course Eligibility Post-Graduation with relevant subjects (M.Com or M.Phil.) requiring a minimum of 55% marks along with Qualifying the National and State level Exams such as NET/ SET/ PET, etc.
Course Admission process Either Merit-based or Entrance test.
Course Fee INR 15,000-1,50,000
Course Average Salary INR 7-14 LPA
Top Recruiting companies Insurance sector firms, Indian Economic Services, Import and Export firms, Custom departments, Indian Statistical Services, Financial Institutions, Educational Institutions, Economic Consulting companies.
Job Position Investment Banker, Financial Analyst, Manager, Associate Professor, Corporate Analyst, Researcher, Research and Development Manager.

PhD Accountancy: About the Course

PhD Accountancy is a 3-year long PhD program in Accountancy (Commerce), and it is related with the aspects of Accountancy such as Cost and Financial Accountancy. PhD or doctorate in Accounting begins with advanced and specialized courses that emphasize dissertation based research. There is a requirement for good research about Accountancy, Finance and Commerce in India.

The colleges or universities offer PhD Accountancy admissions either on the basis of the performance of candidates in the respective Qualifying Entrance Test or it is Merit based. Merit lists are released by the Colleges or Universities.

After the Entrance examination, some colleges or universities also do counseling in which GD and PI take place to gauge the Thesis proposal and abstract of the candidates. The most popular entrance examination test conducted for admission to PhD Accountancy is NET.

The most basic and common eligibility criteria for PhD in Accountancy are as follows:

  • An overall 55% or above in Post-graduation, be it M.Com or M.Phil with respective subjects.
  • Students in their final year of post- graduation can also apply on a provisional basis and can give Qualifying Exams like NET/ SET in their last year.
  • Aspiring candidates with professional Work experience in this respective field (Finance, Accountancy, and Trade) may get preferred over other candidates.

The colleges or universities shortlist students based on their performance in the PhD Accountancy Entrance Exams. Most of them are State or National level and others are university level entrance examinations. One of the most popular is based on GE-PIWAT.

Exam Name Registration Date Exam Date
NET TBD To be announced
DET TBD To be announced
CUCET TBD To be announced
PET TBD To be announced

The Qualifying Exams are National and State level and some of the Institutes also conduct Interview to choose the best candidates based on the abstract of their thesis proposal. PhD in Accountancy is a full- time course, IGNOU offers a distance learning course for PhD in Commerce.

PhD Accountancy: Top Colleges in India

College Name Average Fees(INR)
Rajiv Gandhi Institute of Petroleum Technology - [RGIPT] , Rae Bareli, Uttar Pradesh 10,000 INR
IGNOU 55,000 INR
NMIMS University, School of Business Management - [SBM], Mumbai, Maharashtra 40,000 INR
BML Munjal University, School of Management, Gurgaon, Haryana 60,000 INR
Gautam Buddha University, Uttar Pradesh 40,000 INR
Hemchandracharya North Gujarat University (HNGU), Gujarat 1,00,000 INR
BPHE Society’s Ahmednagar College, Gujarat 60,000 INR
Times Business School (TBS), Ahmedabad 1,20,000 INR
Bengaluru School of Management Studies (BSMS), Bengaluru 1,50,000 INR
Vinayaka Missions University (VMU), Tamil Nadu 1,40,000 INR
Savitribai Phule Pune University (SPPU), Pune 80,000 INR
Shyam University, Dausa 80,000 INR
Techno India University, Kolkata 50,000 INR
IILM University, Gurgaon 1,20,000 INR
Seacom Skills University (SSU), Birbhum 1,50,000 INR
Shivaji University, Kolhapur 18,000 INR
KPB Hinduja College of Commerce, Mumbai 70,000 INR
GITAM Institute of Management (GIM), Visakhapatnam 30,000 INR
GITAM Institute of Management, Bangalore 30,000 INR
Gramonnati Mandal's Arts, Commerce & Science College - [Acsc] Narayangaon 60,000 INR
BML Munjal University, School of Management, Gurgaon, Haryana 60,000 INR
Department of Management - [BITS], Pilani, Rajasthan 70,000 INR
Department of Management Studies IIT Delhi - [DMS IITD], New Delhi 50,000 INR
NMIMS University, School of Business Management - [SBM], Mumbai, Maharashtra 1,10,000 INR

Some of the most basic and popular PhD (Accountancy) subjects are Financial and Cost Accountancy, Finance, Global Trade, etc. This provides the good and necessary knowledge about Accountancy, Finance, trades and various other aspects of Accountancy. This combines the disciplines of accountancy and other commerce subjects to do the research study.

Fundamentals of Accountancy, Accountancy in Global Trade and Finance. Advanced Financial Accountancy, Advanced Cost Accountancy.
Advanced Auditing, Direct and Indirect Taxes. Research Methodology
Dissertation/ Thesis Seminar and Project

The average annual salary after doing PhD in Accounting starts from INR 7-14. Some of the professional job profiles after doing doctorate in Accounting course are given below along with the annual salaries and basic job description associated with each:

Job Profile Description of the Job Profile Average Annual Salary(INR)
Investment Banker An Investment Banker assists clients with decision making on mergers and acquisitions, giving them investment options and providing them financial advice. 9-11 LPA INR
Research Associate Students who want to go into further research should apply for grants to Institutes, on National or International levels. Depends on the project
Money Manager Role is to give Financial advice and manage securities and portfolios of the client investors. 12-16 LPA INR
Operations Manager Role is to forecast sales, supervise operations and ways to meet the requirements of the clients. 7-9 LPA INR
Business Analyst Role is to design and change the working to better the Company’s sales and examine the required documents. 8.5-11 LPA INR
Risk Analyst Role is to analyze the company’s investment portfolio, offer decisions and advice on methods to lower the risk of investment and find the most appropriate investment. 5-7 LPA INR
Associate Professor Role is to do academic teaching which includes teaching in Colleges and other Educational Institutions. 7.2-12 LPA INR
Corporate Analyst Role is to analyze, examine and calculate the finances and investments of the Investors and find new methods to increase the sale. 8.5-11 LPA INR

Ques: Can a PhD in commerce be done?

Ans- Yes, a PhD in commerce can be done and it is a 3-8 years long course. It gives you a deeper knowledge of commerce and accounting.

Ques: What are the subjects for PhD in commerce?

Ans- Project Management, Business Administration, Entrepreneurship, Finance, Marketing, Management, Organization & Leadership, Accounting, Public Administration are some of the popular ones.

Ques: Can PhD in Accounting be done after MCOM?

Ans- Yes, PhD in Accounting can be done after MCOM, provided the candidate’s academic qualifications meet the criteria set by the university you plan to join.

Ques: Is UGC NET compulsory for PhD in Accounting?

Ans- Yes, if a candidate is aspiring to pursue a PhD course in India, then qualifying UGC NET is compulsory.

Ques: What are the requirements for applying for a PhD in Commerce & Management?

Ans- Aspiring candidates who have completed a postgraduate degree in commerce with a minimum overall percentage of 55 per cent and above are eligible for admission to the course.

Ques: How good is the scope of the PhD in Commerce and Management?

Ans- Aspiring candidates who want to pursue a PhD in Commerce and Management will gain a wide understanding of the field’s basics and fundamentals.

Ques: Is PhD in Accounting and PhD in commerce the same course?

Ans- No, PhD in commerce includes various other subjects which fall under the commerce branch of studies, whereas PhD in Accounting is only limited to Accounting.

Ques: What are the most reliable recruiting sectors for PhD in Commerce and Management?

Ans- Companies recruit majorly in the business, private, management and finance sectors.

Ques: Is any kind of financial aid available for a student doing a PhD in Accounting?

Ans- These kinds of financial aid differ from one college to the other college. Some colleges or universities offer both financial aid and scholarships.

Ask your question

Featured courses, ph.d. (statistics), ph.d. (business economics), similar colleges you might be interested in.

  • Similar Colleges

Techno India University

Techno India University

KPB Hinduja College of Commerce - [KPB]

KPB Hinduja College of Commerce - [KPB]

Shivaji University - [SUK]

Shivaji University - [SUK]

Savitribai Phule Pune University - [SPPU]

Savitribai Phule Pune University - [SPPU]

Hemchandracharya North Gujarat University - [HNGU]

Hemchandracharya North Gujarat University - [HNGU]

Monark University

Monark University

Seacom Skills University - [SSU]

Seacom Skills University - [SSU]

Vinayaka Missions University - [VMU]

Vinayaka Missions University - [VMU]

  • Top Colleges
  • Top Courses
  • Entrance Exams
  • Admission 2024
  • Study Abroad
  • Study in Canada
  • Study in UK
  • Study in USA
  • Study in Australia
  • Study in Germany
  • IELTS Material
  • Scholarships
  • Sarkari Exam
  • Visual Stories
  • College Compare
  • Write a review
  • Login/ Register
  • Login / Register

PhD Accountancy: Course Details, Eligibility, Admission, Fees

Roumik Roy

PhD Accountancy stands for Doctor of Philosophy in Accountancy. It is a 3-year-long doctorate program in Accountancy. PhD Accountancy allows candidates to gain a comprehensive understanding of all elements of the field, both theoretical and practical. Conducting the research, and bringing together the disciplines of accounting and other subjects of commerce.

PhD Accountancy Course Details

Degree Doctorate
Full Form Doctor of Philosophy Accountancy
Duration 3 Years
Age No Age Limit
Average Fees ₹2 LPA
Average Salary INR 5 - 10 LPA
Employment Roles Associate Professor, Investment Banker, R&D Manager, etc.

About PhD Accountancy

PhD in Accountancy offers in-depth knowledge of Accounting, Finance, Trades, and other aspects of the profession. Conducting the research combines the disciplines of accounting and other commercial areas. Students must have a thorough understanding of the subject because the PhD course can be difficult without it.

According to Wikipedia, "Accounting, also known as Accountancy, is the measurement, processing, and communication of Financial and Non-Financial information about economic entities such as businesses and corporations. " 

Table of Contents

  • PhD Accountancy Eligibility Criteria
  • PhD Accountancy Admission Process
  • Who Should Do a PhD Accountancy?

Types of PhD Accountancy

  • Popular PhD Accountancy Entrance Exams

Study PhD Accountancy in India

Study phd accountancy abroad.

  • PhD Accountancy Fees Structure
  • PhD Accountancy Syllabus and Subjects

Why Choose PhD Accountancy?

Phd accountancy course comparison.

  • Preparation Tips for PhD Accountancy

Salary of a PhD Accountancy Graduate

  • Career Options after PhD Accountancy
  • Skills to Excel

Eligibility Criteria for PhD Accountancy

Students who wish to enrol in the PhD Accountancy programme must pass in their post-graduation (M.Com or M.Phil) from a recognized college or university with a minimum of 55% overall. Students must pass the common entrance examinations in addition to meeting the standard PhD Accountancy eligibility requirements. This course has no age limit.

How To Get Admission for PhD Accountancy?

Admission to the PhD Accountancy programme is either merit-based or entirely based on the candidate's qualifying exam score. A candidate's performance on a National, State or College-level entrance exam determines their admittance to the course. Some colleges conduct their own entrance exams for the admission process. Aspirants must also meet the minimal PhD Accountancy eligibility requirements, which include post-graduation and an entrance exam score. 

Though the PhD Accountancy admission process varies from college to college, below are the steps that one should generally go through to get admission.

How to Apply?

In consideration of the COVID scenario, the majority of institutions are moving their admissions processes entirely online. Students must therefore go to the official websites of the colleges to which they are applying and begin the application process by submitting information. Students can also go to the college of their preference for offline enrollment and fill out an application form with all required documents.

Selection Process

In merit-based selection, candidates are chosen based on their academic performance during their post-graduation. For entrance-based selection, students need to take the entrance test. Once the candidates are qualified, they become eligible for any further stage of admission. Further stages of admission vary from college to college. Generally, the college will require a final round of group discussion or a personal interview once the application has been approved before admission is confirmed.

Who Should Pursue a PhD in Accountancy?

PhD in Accountancy is for students who want to become proficient in Accountancy and other commerce subjects. It gives students an advantage over other Commerce graduates by updating their skills and gaining in-depth knowledge, which leads to improved job opportunities.

When To Do PhD Accountancy?

If a student wants to pursue a career in Accountancy, he or she should begin at the post-graduate level. They must pass M.Com/M.Phil from a recognized college or university.

Aspirants can pursue the course in the full-time or part-time mode. Below are the types of PhD Accountancy courses in detail:

The full-time PhD Accountancy duration is 3 years, where students will have to attend classes in person, write a thesis, and do research in labs. The advantage of a full-time course is that students can gain a lot more exposure, experience and knowledge through direct interaction with their peers and faculty.

The part-time PhD Accountancy course is designed for students who cannot attend regular classes. The duration of the course is 5-6 years. The advantage of the part-time course is that students can pursue this course while simultaneously being engaged in employment, research, etc.

Distance Education

The distance PhD in Accountancy programme lasts 5-6 years. For those who wish to pursue a PhD degree in Accountancy after post-graduation but don't have the time to attend normal classes, distance learning is the ideal option.

PhD Accountancy Specializations/Courses

When it comes to PhD Accountancy courses, there are a variety of specializations to choose from. The following are some of the courses that are available:

  • Public Accounting
  • Audit Accounting
  • Forensic Accounting
  • Managerial Accounting
  • Accounting Information Systems
  • Mergers and Acquisitions

Popular Entrance Exams for PhD Accountancy

PhD Accountancy candidates must pass the entrance exams in order to be admitted to the academic course. The required cut-off marks for the entrance exam are set at the discretion of the institute that administers the test. Those who pass the PhD Accountancy entrance exam will be invited to the final selection procedure. The following are some of the most popular PhD Accountancy entrance exams:

A Quick Glance at the PhD Accountancy Entrance Exams

The eligibility requirements for the above-mentioned entrance exams are entirely dependent on the conducting body and so vary accordingly. The following are some of the general guidelines for entrance exams:

  • The exam will be online.
  • The exam duration is 3 hours.
  • The question paper is set both in English and Hindi.
  • Questions will be MCQ based
  • The Paper may have negative markings.
  • The exam structure contains common topics such as Research Aptitude, Reasoning, Communication, Data Interpretation, etc.

India is home to some of the best PhD Accountancy colleges for aspirants. Candidates have many options to choose from in terms of the best PhD Accountancy course as per their preferences. Depending on the type of PhD Accountancy programs offered, candidates will have to make the appropriate choice. Below are some of the top colleges in India offering PhD Accountancy courses:

Top 10 PhD Accountancy Colleges in India

Below is the list of the 10 best colleges for PhD in Accountancy in India:

Sl.No

Name of the College

1

2

3

4

5

6

7

8

9

10

BPHE Society’s Ahmednagar College, Gujarat

Top PhD Accountancy Colleges in Mumbai

Maharashtra’s capital city is home to some of the best institutions for PhD Accountancy in India. Check the table below for the top PhD Accountancy colleges in Mumbai:

Sl.No

Institution

1

2

3

4

5

Top PhD Accountancy Colleges in Udaipur

Udaipur also has some of the best institutions for PhD Accountancy in India. Check the table below for the top PhD Accountancy colleges in Udaipur:

Sl.No

Institution

1

2

Top PhD Accountancy Colleges in Pune

Pune is home to some of the premier institutions for PhD Accountancy in India. Check the table below for the best PhD Accountancy colleges in Pune:

Sl.No

Institution

1

2

3

Top PhD Accountancy Colleges in Bangalore

The capital city of Karnataka is renowned around the country for colleges offering top PhD Accountancy programmes. Check the table below for the best PhD Accountancy colleges in Bangalore:

Top PhD Accountancy Colleges in Visakhapatnam

Visakhapatnam has some of the best colleges for PhD Accountancy courses in India. Check the table below for the best PhD Accountancy colleges in Visakhapatnam:

Sl.No

Institution

1

Top PhD Accountancy Colleges in Kolkata

The Capital City of West Bengal has some premier institutions in the country for PhD Accountancy. Check the table below for top colleges for PhD Accountancy in Kolkata:

Top PhD Accountancy Government Colleges

There are several top Government Colleges offering quality PhD Accountancy programmes across the country. Check the table below for the top PhD Accountancy government colleges in India:

Sl.No

Institution

1

2

3

4

5

Government College, Barmer

Top PhD Accountancy Private Colleges

India has seen significant growth in the number of quality PhD Accountancy private colleges that offer some of the best programmes in the country. Check the table below for the top PhD Accountancy private colleges in India:

Students can opt to study a PhD Accountancy course abroad if they can afford it. The PhD Accountancy course abroad is for a minimum of 3 years, depending on the type of course, college and country.

The benefits of studying a PhD Accountancy programme overseas provide students with access to some of the best resources, facilities, and faculty, as well as global exposure to the subject matter and other cultures. In addition, students must achieve good grades in their post-graduation and have good English language skills.

Below are some of the top PhD Accountancy colleges abroad and the relevant fees structure:

Top PhD Accountancy Colleges Abroad

The table below contains the list of some of the best colleges abroad for PhD Accountancy:

Institution

Fees

AUD 229,120

GBP 49,500

GBP 59,700

GBP 78,000

AUD 143,600

AUD 130,660

GBP 61,500

GBP 46,800

University of Waikato, New Zealand

NZD 97,731

University of Auckland, New Zealand

NZD 21,989

Top PhD Accountancy Colleges in the USA

The USA is home to some of the best universities and colleges offering top-notch PhD Accountancy programmes in the world. The table below contains the list of top colleges for PhD Accountancy in the USA:

Top PhD Accountancy Colleges in the UK

The UK has institutions that date back to the 13th century. This makes the UK one of the best destinations for pursuing a PhD in Accountancy. The table below shows the top colleges for PhD Accountancy in the UK:

Top PhD Accountancy Colleges in Australia

For many students, Australia, also known as the 'Land Down Under,' has emerged as one of the top locations for higher education. The list of top colleges for PhD Accountancy in Australia is as follows:

Top PhD Accountancy Colleges in New Zealand

New Zealand is one of the most sought-after destinations for PhD Accountancy programmes in the world. The table below shows the top universities in New Zealand for PhD Accountancy:

Sl.No

Institution

1

University of Waikato

2

University of Auckland

3

University of Otago

4

University of Canterbury

5

Victoria University of Wellington

Fee Structure for PhD Accountancy

The PhD Accountancy fee is not fixed and depends on many factors. Some of the factors which affect the PhD Accountancy fees include location, faculty, demand, infrastructure, and the facilities available to the students. The average PhD Accountancy course fee in India is around INR 15,000 - 1.5 LPA.

Sl.No.

Name of the College

Fee Structure

1.

KPB Hinduja College of Commerce, Mumbai

INR 66,000 PA

2.

GITAM Institute of Management, Visakhapatnam

INR 73,000 PA

3.

Seacom Skills University (SSU), Birbhum

INR 1.5 LPA

4.

Shivaji University, Kolhapur

INR 16,000 PA

Syllabus and Subjects for PhD Accountancy

The PhD Accountancy course uses a choice-based credit scheme, which allows students to pick and choose their electives. The major, elective, lab and project subjects of the PhD Accountancy programme follow a set pattern. The following is a list of the general topics that will be covered during the course:

  • Fundamentals of Accountancy
  • Research Methodology
  • Advanced Financial Accountancy
  • Advanced Cost Accountancy
  • Direct and Indirect Taxes

Read More:   PhD Accountancy Syllabus and Subjects

When students decide to pursue PhD in Accountancy, they should first research PhD Accountancy course details to ensure that they know the course they are enrolling in. Breaking down the question "Why to choose PhD Accountancy?" into three brief questions simplifies the answer:

What is PhD Accountancy All About?

PhD Accountancy is a doctorate programme in Accountancy that focuses on topics of Accountancy like Cost and Financial Accounting. The term "Doctor of Philosophy in Accountancy" refers to a person who has earned a Doctorate in Accounting. It assists applicants in gaining a comprehensive understanding of all areas of the field, whether theoretical or practical. Financial and Cost Accounting, Finance, Global Trade, and other areas of accounting are among the most popular PhD subjects.

What Does a PhD Accountancy Graduate Do?

Jobs after a PhD in Accountancy offer a wide range of opportunities, and applicants can find professional stability in the finance industry. It creates a plethora of work prospects in a variety of industries, including educational institutions, financial institutions, stock markets, and commerce. Here are some of the most common features:

  • Associate Professor: Associate Professor is an Academic Post. It includes teaching in Colleges and other Educational Institutions.
  • Business Analyst: The Business Analyst develops and modifies the system in order to increase company sales and assess the necessary papers.

Reasons Why PhD Accountancy Can Fetch You a Rewarding Career?

After earning a PhD in Accountancy, both fresher and experienced professionals can pursue a variety of career opportunities. It is dependent on an individual's capabilities, academic record, skills, and experience. Some of the reasons are

Demand: Jobs after a PhD in Accountancy offer a wide range of opportunities, and applicants can find professional stability in the finance industry. Students have the option of becoming a Financial Analyst, Researcher, etc. 

Career Growth: PhD in Accountancy graduates have a wide range of job opportunities. The Accountancy profession is the most influential in any company. Candidates can advance in their careers after gaining experience as operations managers.

Read More:   PhD Accountancy Jobs & Scope

Both PhD Accountancy and PhD Finance degrees are generally pursued research or academic jobs. The focus of the two streams differs slightly, with eligibility nearly identical. Below is a comparison of the PhD Accountancy course with the PhD Finance course:

PhD Accountancy vs PhD Finance

The table below showcases the differences between PhD Accountancy and PhD Finance:

PhD Accountancy

PhD Finance

Doctor of Philosophy in Accountancy

Doctor of Philosophy in Finance

Accountancy

Finance

3 years

3 years

Post graduation with Commerce/Accountancy (M.Com.)

Post-graduation with Commerce/Finance (M.Com.)

NET, PET, CET, etc.

UGC NET, RMAT, JNUEE, etc.

KPB Hinduja College of Commerce, GITAM Institute of Management, etc.

IIFT, NIT, KIT, etc.

INR 15,000 - 1.5 LPA

INR 5 - 5 LPA

Read More: PhD Finance

Preparation Tips for PhD Accountancy Students

There are many tips that students must note when deciding to pursue a PhD Accountancy. Some important preparation tips are listed below to ensure that the students crack the course and pass the exams without any hurdles. 

Syllabus: Students must be well-versed with the course syllabus. This is the first and most fundamental step in the preparation process.

Exam Pattern: Understand the examination patterns and the kind of questions that are commonly asked. Students will almost likely be asked multiple-choice questions. 

Important topics: Students should concentrate more on the important areas, as these are where questions are most usually asked. These sections must be focused on while reviewing the chapters.

Practice: Practice questions from past years' question papers and sample papers.

The salary for PhD Accountancy graduates varies depending on the specialization chosen by the candidates. Other factors that can affect PhD Accountancy salary in India include experience, geography, and the industry they are working in. 

Graduates can increase their salary by getting more work experience. The average PhD Accountancy job starting salary for graduates is around INR 7 - 14 LPA [Source: PayScale].

Read More: PhD Accountancy Job Salary

Career Options After PhD Accountancy Graduation

There are plenty of jobs available for PhD Accountancy students in both the public and private sectors. The job roles will differ based on the specialization that one has opted for. PhD Accountancy graduates have abundant job opportunities with good salary packages that include the following job profiles:

  • Investment Banker
  • Financial and Corporate Analyst
  • Associate Professor
  • Research and Development Manager
  • Market Analyst
  • Risk Analyst

Skills That Make You The Best PhD Accountancy Graduate

Because Accountancy programmes are used by every sector in this era, aspirants are enrolled to transform them from raw aspirants to professional Accountancy aspirants. Some of the abilities that PhD Accountancy students should have:

  • Strong written and oral communication
  • Organization and attention to detail
  • Analytical and problem-solving skills
  • Time management
  • Systems analysis
  • Mathematical and deductive reasoning
  • Critical thinking
  • Active learning

phd in accounting and finance in india

search

  • Welcome to IIM Udaipur
  • Our Mission, Core Values and Culture
  • Board of Governors
  • Director's Message
  • Ranking and Accreditation
  • Deans' Messages
  • Social Outreach
  • Infrastructure And Facilities
  • Vision 2030
  • Our History
  • Foundation Day - 2024
  • Admission Offer Calendar (MBA 2024-26)
  • Two year MBA Program
  • Chairperson's Message
  • MBA Admission Policy
  • MBA Admission Policy for International Applicants
  • Important Dates ( MBA International 2024-26)
  • MBA Courses
  • Curriculum Design
  • Second Year Courses
  • A Global Perspective
  • Global Opportunities
  • Academic Calendar
  • MBA Fees and Financing
  • Scholarships
  • Financial Assistance
  • EMBA at a Glance
  • Chairperson’s Message
  • EMBA Program Highlights
  • Structure & Curriculum
  • EMBA Academic Calendar 2024-25
  • Program Fee & Financing
  • EMBA Contact
  • GSCM at a Glance
  • Mandatory Courses
  • Elective Courses

Important Dates

  • International Candidate
  • Application Process
  • Testimonials
  • Placement Reports
  • Center of Excellence
  • Fees and Financing
  • FAQs on GSCM
  • Advisory Board
  • DEM at a Glance
  • Application process
  • FAQs on DEM
  • Program Overview
  • Current Batch Profile (2022-2024)
  • Introduction
  • Admission Process
  • Program Contents *
  • Application and Program Fees
  • Program Policies
  • Area-wise Application Process
  • Overview of IIM PhD Program
  • Decision Sciences

Finance & Accounting

  • Operations Management
  • Organisational Behaviour & Human Resource Management
  • Eligibility Criteria
  • Student Profiles and Testimonials
  • International Exposure
  • Reservations
  • Academic Calendar 2024-25
  • MGNF Programme Structure
  • MGNF Entrance Exam
  • Student Profiles
  • Global Perspective
  • International Business & Practices
  • Student Exchange Program (STEP)
  • Dean Faculty & Research
  • Dean Programs
  • Faculty Directory A to Z
  • Faculty Directory by Area
  • Visiting Faculty
  • Visiting Scholars
  • Faculty Area Advisor
  • Faculty Recruitment
  • Professors of Practice
  • Research Chair
  • Research Ecosystem
  • Top 4 Rating for Research
  • Published Research Paper
  • Research Projects
  • Research Seminars
  • Papers presented by IIMU Faculty
  • Chapters in Monographs and Books
  • Conference Proceedings
  • Invited Talks
  • Centre for Digital Enterprise
  • Centre for Supply Chain Management
  • Consumer Culture Lab
  • Incubation Center
  • Centre for Healthcare
  • Centre for Teaching and Learning (CTL)
  • Case Studies
  • MathSport Asia - 2024
  • IIMU - Booth Quantitative Marketing Conference
  • Research Activities - Ongoing
  • Research Activities (2017-2022)
  • External Collaborations
  • Executive Education
  • Placement Process
  • Summer Internships
  • Final Placements
  • Student Profiles - Two Year MBA
  • Student Profiles - GSCM
  • Student Profiles - DEM
  • Past Recruiters
  • The Placement Team
  • Learning and Development
  • Netratva - The Leadership Talk Series
  • Entrepreneurship Support
  • Business Review
  • Life to the Full
  • Student Governance
  • Functional and Professional
  • Social and Recreational
  • Governance and Administration
  • Photo Gallery
  • Publications
  • IIMU Newsletter
  • IIMU in the News
  • Jobs at IIMU
  • NIRF Ranking
  • Scholastic Gold Medal Winners
  • U-Digital Perspectives
  • U Forum - IIMU's Webinar Series
  • Organisation and Function
  • Budget and Programmes
  • Publicity and Public Interface
  • E-Governance
  • Information as may be Prescribed
  • Information Disclosed on Own Initiative

IIM Udaipur

  • Doctor Of Philosophy (PhD)

IIM Udaipur - Best MBA colleges in india

The PhD Program in Finance and Accounting Area at IIM Udaipur aims to equip its students with relevant tools for an impactful career as researchers and teachers at top-tier management schools in India and abroad. During the program, students go through a thoughtfully curated list of research methods and topical research seminar courses in finance, followed by a guided thesis development phase. The area’s research spans topics such as climate finance, corporate governance, corporate finance, market microstructure, asset pricing, and accounting quality.

To help PhD students develop their research skills, the Area offers regular brown bag seminars where students get opportunities to interact with and learn from other researchers working on impactful research projects across areas such as climate finance, corporate governance, corporate finance, market microstructure, asset pricing, accounting quality, etc.

These interactions and the guidance by their advisor(s) help students develop their ideas in close collaboration with research-active faculty from the Area. The students also interact with reputed scholars in the field during research seminars and have access to funding to attend international and national conferences. These interactions allow students to receive feedback from the global research community.

Another addition to the list of enablers for students is an upcoming Center For Financial Research , which aims to provide actionable insights to policymakers and practitioners. This center will provide opportunities for our students to do impactful academic research that contributes to practice. Overall, the PhD Program in the Finance and Accounting Area is among the best programs for scholars interested in doing impactful academic research.

If you are interested in applying to the PhD program in Finance & Accounting at IIMU, we encourage you to go through the profiles of faculty affiliated to the department to understand their respective research areas to gauge an alignment with your own research interests.

Area Faculty

Student Experience

“As a PhD student, I can confidently attest to the exceptional quality of the course work and the invaluable support from our esteemed faculty at IIM Udaipur. The coursework offered here is specifically formulated to be highly relevant to our research interests, providing a solid foundation. What truly sets my academic experience apart is the unwavering support and mentorship of the distinguished faculty members. Their expertise, dedication, and willingness to engage in meaningful discussions have enriched my research pursuits and inspired me to push the boundaries of knowledge. The nurturing and collaborative environment fostered by the faculty here has been instrumental in shaping my academic journey.” - Kriti Bhargava, PhD Student in Finance & Accounting

Candidates are eligible to apply for the PhD program if they fulfil the following criteria:

A 1-year/2-semester master's degree programme after a 4-year/8-semester bachelor’s degree programme or a 2-year/4-semester master’s degree programme after a 3-year bachelor’s degree programme or qualifications declared equivalent to the master’s degree by the corresponding statutory regulatory body, with at least 60% marks in aggregate or its equivalent grade in a point scale wherever grading system is followed

A professional qualification (completed) such as CA (ICAI), ICWA, CS with a Bachelor's degree with at least 60 percent marks.

A 4-year/8-semester Bachelor's degree with equivalent of 75 percent marks in aggregate or its equivalent grade on a point scale wherever the grading system is followed.

These criteria are higher than the minimum threshold suggested by UGC guidelines on "Minimum Standards for Ph.D. admissions" as of November 7th, 2022, to ensure consistency with the minimum eligibility criteria of pre-PhD qualifications for the role of Assistant Professor at IIMs.

The Master's degree or equivalent qualification/Bachelor's degree or equivalent qualification required for IIM PhD eligibility should be: (a) from any of the Universities incorporated by an act of the central or state legislature in India or other educational institutions established by an act of Parliament or declared to be deemed as a University under section 3 of UGC Act, 1956; or (b) recognized by the Ministry of HRD, Government of India or (c) possess an equivalent qualification from an institution approved by AICTE. The Bachelor's degree or equivalent qualification obtained by the candidate must entail a minimum of three years of education after completing Higher Secondary schooling (10+2) or equivalent.

Final year candidates who have not yet completed their respective degrees (Bachelor's or Master's) by the date application is due are eligible to apply for IIM PhD program at IIM Udaipur and can receive provisional acceptance. According to IIM PhD criteria, with their initial application, they must submit a bonafide certificate (on the day of registration) signed by the head of their current department/institution indicating that they have completed all examinations/submissions required for obtaining the degree. No later than December 30th, of the year of application, they must submit the final mark sheets/certificates related to the completion of the degree indicating the minimum cut-off has been met.

*Valid CAT /GMAT/GRE/NET-(JRF to be mentioned in application, if applicable/qualified) in relevant discipline for Finance and Accounting Area. The validity of the test scores is shown in the table below. It should be noted that the scores should be valid at the time of the application deadline.

Test ScoreValidity
CATCAT 2022 and later
GMAT5 Years
GRE5 Years
NET-JRF3 Years

Please note that a candidate can apply to only one area. In the case where candidates submit multiple applications in more than one area, the application received on the latest date will be considered and the previous application/applications will be summarily rejected.

Along with the completed application form, the following documents are mandatory:

  • Class X Marks Sheet
  • Class XII/Diploma Marks Sheet
  • Bachelor's Mark Sheet *
  • Master's Mark Sheet (if applicable) *
  • Mark Sheet (Professional Course – CA/ICWA/CS) if applicable
  • CAT/GMAT/GATE/GRE/NET-JRF score in relevant discipline
  • Curriculum Vitae
  • Photo Id (Passport/PAN/Aadhar)
  • Statement of Purpose

*Candidates in the final year of the program or awaiting their results can upload the Mark Sheet of the previous term(s)/semester/year.

Guidelines for Statement of Purpose (SOP) for Finance & Accounting Area

  • Why do you want to pursue a PhD in Finance & Accounting? Why a PhD from IIMU?
  • State your research interest(s). Explain what research you would want to do. Why? Please note you may or may not be pursuing this research interest if you get selected.
  • What are your future research and career goals?
  • Don’t just write your SOP in a simple question-answer format. Rather, share with us a compelling narrative (in the form of a coherent essay), clearly explaining your purpose for applying for a PhD in Finance & Accounting at IIMU.
  • Your SOP will undergo a plagiarism check. If the SOP is found to be plagiarised, your application will be rejected by default.

Scanned copies of all academic mark sheets, certificates, qualifying examination score cards, category certificates, and research proposals must be uploaded, along with the online application form.

**There is no application fee for the PhD program.

1Application begins onNovember 10, 2023
2Application closes onFebruary 9, 2024
3Announcement of ShortlistMarch 8, 2024
4RAT/Interview Date (Tentative)April 1 to 5, 2024

For application-related queries please contact- [email protected] or Call- 0294-2477251 (Monday to Friday) 9.00AM to 5.30PM

The selection process will be a two-stage process .

In Stage 1 , faculty members from the area (or a panel thereof) will make a shortlist of applicants found suitable for Stage 2 based on an assessment of the applicant’s academic performance, research/ work experience, letters of recommendation, and statement of purpose. Only the shortlisted candidates will be eligible to appear in stage 2 of the process.

In Stage 2 , faculty members (or a panel thereof) from the Area will judge the suitability of applicants through in-person interviews at IIMU Campus. In the interviews, the candidates will be evaluated on their research aptitude and domain knowledge, motivation and preparedness for the Ph.D. program, long-term career plans, and communication skills. The research aptitude might be evaluated based on research papers assigned by the panel to the candidates at least 7 days prior to the date of the interview.

Apply Now Area-wise Application Details Download Brochure

voters-online-services

  • Tender Notices
  • HR Policies
  • Privacy Policy
  • Terms and Conditions
  • Whistle Blower Policy
  • Management of Covid-19
  • Evaluation Committee Report
  • Anti-Ragging Committee and Squad
  • Samman - Internal Committee @ IIMU

Facebook

© 2024 IIM Udaipur. All rights reserved.

phd in accounting and finance in india

45,000+ students realised their study abroad dream with us. Take the first step today

Here’s your new year gift, one app for all your, study abroad needs, start your journey, track your progress, grow with the community and so much more.

phd in accounting and finance in india

Verification Code

An OTP has been sent to your registered mobile no. Please verify

phd in accounting and finance in india

Thanks for your comment !

Our team will review it before it's shown to our readers.

phd in accounting and finance in india

PhD in Finance

dulingo

  • Updated on  
  • Jan 31, 2023

PhD in Finance

Offering an opportunity to delve into advanced and technical issues in the field of Finance and its related branches, a PhD in Finance concerns research areas such as valuation of financial instruments, topics in international finance, market volatility, trading mechanics, and so forth. It is generally undertaken after a Master of Finance or related degree programs in closely related disciplines and involves heavy portions of theoretical learning as well as practical and mathematical analysis. Doctoral scholars more often than not work in the capacities of a research assistant or scholar at research organizations and universities along with multinational asset and wealth management firms. Read on to know more about what a doctorate in finance entails and the top universities you should consider.

Study Level Doctorate
Course PhD in Finance
Duration 3-5 years
Eligibility PG degree in Accountancy, Finance, Economics,or Mathematics
Entrance Exam
Admission Process Minimum score in competitive exam
Recommendation Letter
Career Profiles Statistician, Finance Manager, CFA, Stockbroker,
Corporate Bank Executive, etc
Average Salary INR 14-15 Lakh 
Top Recruiter Tata Consultancy, Accenture, Vodafone,
Genpact, HCL, Oracle, etc
Mode of Education Regular and Distance

PhD in Finance: What is it About?

The structure of a typical Doctoral degree, be it PhD in Finance or other programs generally run for around 3 to 7 years varying on the destination. The typical structure involves a variety of components so as to prepare a candidate for a solid research career in Finance .

  • This includes core and required courses, electives, practical training, fieldwork, teaching experience, exams, dissertation, research projects, and a host of other elements.
  • The quantity and mix of these elements vary depending on the objectives of the course. Further, on the conclusion, a dissertation needs to be submitted by the candidate on a topic of choice based on his research and fact-finding experiences under a guiding professor.
  • As a general rule for admission, a strong research-oriented and mathematically-inclined master’s degree is required although many universities now offer an integrated PhD as well which caters to candidates who have attained an undergraduate degree. 

Why Pursue PhD in Finance?

The following are the reasons to pursue PhD in finance:

  • Finance is a highly in-demand field and the demand for skilled professionals in the field in continuing to increase
  • Finance stream offers some of the highest-paying jobs
  • There are abundant of opportunities for finance professionals in both public and private sector
  • PhD in finance will widen your knowledge about various financial subjects

Skills Required

The following are the skills required for PhD in Finance:

  • Analysis and Problem solving
  • Project Management and Organization
  • Interpersonal and Leadership skills
  • Research and Information Management
  • Communication Skills
  • Self-Management and Work Habit

PhD in Finance Eligibility

Whether you are planning to apply for PhD in Finance in India or abroad, you will be required to fulfil certain prerequisites in order to be eligible for the course. Though the actual course requirements can differ from one university to another, here are the general eligibility requirements for PhD in Finance in India and abroad:

  • The applicant must have completed a master’s degree in Finance or any other related field from a recognised academic institution with the minimum scores specified by their chosen university.
  • To apply for PhD in Finance in India, you might be required to qualify PhD entrance exams .
  • If you are aspiring to pursue PhD abroad, you will have to provide GRE scores along with English Language Proficiency scores such as IELTS , TOEFL , etc. Further, you will also have to submit a Statement of Purpose (SOP) and Letters of Recommendation (LORs) apart from other academic documents.

PhD in Finance Admission Process

In order to get admission for PhD in Finance, you need to follow a crucial admission process. Here is the admission process you should follow:

  • Fill the application form on the institute website where you wish to apply. The application can be filled online or offline
  • Take the entrance test depending on your desired institute. Once you have qualified the entrance test by scoring marks equal to or higher than required, you will be invited for further process.
  • The next part is the interview. You will be invited only if you qualify the entrance test. There can be one or more interview processes.
  • In the interview, you may be asked about your thesis plan and why you wish to pursue PhD. If you qualify these interviews, you will get a confirmation letter from your institute.

Also Read: MBA in Finance

PhD in Finance: Entrance Exams

As stated above, to pursue PhD in Finance in India, candidates need to qualify entrance exams. Majority of the institutions in India provide admission in this course on the basis of GATE score or UGc NET score, what a few institutions also conduct a few entrance exams of their own.

Mentioned below are the popular PhD in finance entrance exams that one must target to pursue this course- 

  • UGC NET 
  • JNU PhD Entrance Exams 
  • SIU PET Exam
  • GTU PhD Entrance Exam 

PhD in Finance Syllabus

Candidates pursuing or aspiring to study a PhD in Finance can expect to study a range of core, specialised and elective subjects as per their research topic, objective and future research inclinations. These subjects belong to both in core areas of finance such as risk, decision making, financial instruments, economic analysis, information economics, bargaining, auctions, public finance, etc. More subjects perused in this degree are mentioned below.

International Macroeconomics
And Finance
Asset Pricing Behavioural Finance
Statistical Analysis Econometric Methods Portfolio Choice
Calculus Corporate
Governance
Options Pricing & Credit
Risk
Venture Capital  Corporate Finance Market Design
Empirical Methods in
Finance
Financial Markets in the
Macroeconomy

Best Finance Ph.D. Programs

There are several specializations in the field of Ph.D. for Finance that you can opt for. Here is a list of them with a brief on each:

Ph.D. in Financial Management

Ph.D. in financial economics deals with the study of taxation, macroeconomics, attitude towards risks, and impact of information. It trains students in finance, economics, and quantitative learning.

Also Read: Financial Management

Ph.D. Quantitative Finance

This field of Finance deals with mathematical and quantitative ways to create and disrupt financial practices. This field focuses on enhancing return and reducing risks in the market.

Ph.D. in Accounting and Finance

Ph.D. in Finance and Accounting directly focuses on the fundamental aspects of finance and accounting. It perfects you in financial management and understanding the monetary affairs of a nation.

Ph.D. Computational Finance

Ph.D. in computational finance looks upon the modelling of financial markets, usage of computational intelligence in making financial decisions. This field takes you to become a portfolio manager, quantitative analyst, etc.

Ph.D. Financial Economics

The program focuses on economics and its impact on finance. The specialization areas create a joint curriculum to focus on asset pricing, metrics, macroeconomics, and banking.

Ph.D. in Banking and Finance

Ph.D. in banking and finance focuses on understanding the major section of the domestic and international banking sector through the view of finance and economics.

PhD in Accounting and Financial Management

PhD in Accounting and Financial Management is usually a part of PhD in Business Administration. It is usually chosen for work in analytical, logical and time management. Some of the topics covered are Business Environment, Business Finances, Financial Management, etc.

PhD Financial Engineering

The course is layered above a strong foundation of financial science in a logically coherent world. In qualifications, a Master’s in Science or a Masters’ in Financial Engineering (MFE) will gear you up towards new quantitative roles such as delivering risk models and trading directly, library control, model validation, risk management, and programming.

Must Read: Financial Engineering Courses

Phd in Finance Topics

Here are some of the most interesting topics for thesis in PhD in Finance:

  • Financial Economics
  • Corporate finance
  • Behavioural Finance
  • Financial Markets
  • Cognitive Behaviour in Renewable Energy
  • Determinants of Credit risk in Banks
  • Impact of the Macroeconomic variables on the Non-performing loans
  • Optimal capital ratio to the commercial banks’ survival
  • Equity Strategies using Fundamental Momentum

PhD in Finance Best Universities

Here are some of the top universities in the world that offer PhD in Finance:

L ondon School of Economics

A Ph.D. in Finance from London School of Economics requires the following: 

  • GRE / GMAT (GRE is preferred)
  • Masters in Finance or Economics
  • Academic Records
  • Outreach Research Proposal
  • Sample of Written Work

MIT offers a Ph.D. in Finance. While they mention the prerequisites, other instructions are mentioned during the application process:

  • Bachelors degree
  • Quantitative background
  • Deep Knowledge of Micro economics and Macroeconomics
  • GMAT/ GRE Score
  • TOEFL / IELTS test
  • Transcripts
  • Resume 

Harvard offers a Ph.D. in Business Economics that includes Finance. The requirements for Ph.D. in Harvard are:

  • Specific coursework for Masters in Finance or Economics is required
  • All courses should have a minimum grade of B.
  • Students must teach or assist for one semester
  • Dissertation proposal in the third year

Stanford University has a specific requirement from their students for Ph.D. in Finance. You must fill their online application along with submitting the following documents:

  • GMAT / GRE Score
  • Three references
  • Submitted application fees
  • $125 application fees or INR 10,210
  • Official Transcripts

Oxford University offers a D.Phil in Finance. The school expects intellectual people with good academic records. Here are the requirements:

  • A good bachelors degree with a 3.5 gpa or equivalent
  • TOEFL/ IELTS
  • Three academic references
  • Three pieces of written work

PhD in Finance: Best Universities

The location of the institution plays a major role in the orientation of the PhD program as well as the career outlook and future prospects. Glance over the following list of universities providing PhD in Finance and its related fields which you must consider before making your decision.



USA #3 PhD in Finance

USA #1 , Finance & Accounting
PhD in Business-Finance
USA #10 PhD in Business-Finance
Joint PhD in Financial Economics
USA #13 PhD Finance

USA #27 PhD in Business Administration-
Finance
USA #22 PhD in Finance & Economics
Canada #34 -Finance
USA #50 PhD in Business Administration-
Finance
Australia #33 PhD in Actuarial Studies
PhD in Decision, Risk and
Financial Sciences 
PhD in Finance

Canada #47 PhD Business Administration-
Finance

Note: The admission procedure of universities for a specific program may differ according to university policies and requirements. Students are advised to visit official university websites for further information.

Best Universities in India

Apart from these, here are the top universities offering PhD in Finance in India:

  • IIT Madras, Chennai
  • Indian Institute of Foreign Trade, Delhi
  • Alliance School of Business, Bangalore
  • Jawaharlal Nehru University, Delhi
  • Shailesh J. Mehta School of Management, Mumbai
  • National Institute of Technology, Silchar
  • Ahmedabad University, Ahmedabad
  • Kalinga Institute of Technology, Bhubaneshwar

PhD in Finance Scope

Being a multidisciplinary field, you can find employment opportunities as a researcher or a full-time role upon completing a PhD in Finance in government and private sectors, international organizations like World Bank , International Monetary Fund, World Trade Organisation, etc. Here are some popular profiles in which you can work:

  • Finance Consultant
  • Budget Analyst
  • Chief Financial Officer
  • Securities and Commodities Specialist

Jobs Profile and Salary

PhD in Finance is a great career option as it offers several high-paying jobs. Here are some of the jobs and their respective salaries in the field:

Lecturer INR 18 LPA
Bank Manager INR 10 LPA
Economist INR 8 LPA
Quantitative Researcher INR 26 LPA
Senior Financial Analyst INR 6.3 LPA

Best Books for PhD in Finance 

As stated in the above mentioned section, it is vital for the candidates to have a thorough knowledge about the quantitative foundations of finance, thus, one shall aim at collecting study material that can help them with this. Mentioned below are some of the important books for this course- 

The Econometrics of Financial Markets Andrew W Lo
Managing Credit Robert Mckinley
Options, Future and Other Derivatives  John  C. Hull
Research Methods: Accounting and Finance  Robert Macintosh
Financial Markets and the Real Economy John H. Cochrane
Credit Risk Manager for Indian Banks Vaidya Nathan K.

A PhD in Finance can take anywhere between 3-7 years to complete. In the initial years, theoretical knowledge is provided through diverse subjects. In the culminating years, you will spend time in industrial projects.

Yes, you can pursue a PhD after an MBA in Finance. It is an excellent option, specially for those, who want to establish a career in Research or want to delve deeper into a particular domain of Finance.

1. Complete your Masters in Finance or a related discipline. 2. Obtain a good score in GMAT/GRE exam. 3. Obtain a minimum percentile in English proficiency tests like IELTS/TOEFL. 4. Write a Statement of Purpose. 5. Collect essential documents like transcripts, LORs, etc. 5. Apply to the university of your choice.

Pursuing a PhD in finance or in any other field of interest is a difficult decision to make, especially taking into account the number of years that you will be devoted to as well as the rigorous nature of the study. Take the assistance of Leverage Edu ’s AI-enabled tool which suggests course and university combinations based on your personalized skills and abilities and assist you in finding an ideal degree and institution to pursue your PhD from.

' src=

Team Leverage Edu

Leave a Reply Cancel reply

Save my name, email, and website in this browser for the next time I comment.

Contact no. *

browse success stories

Leaving already?

8 Universities with higher ROI than IITs and IIMs

Grab this one-time opportunity to download this ebook

Connect With Us

45,000+ students realised their study abroad dream with us. take the first step today..

phd in accounting and finance in india

Resend OTP in

phd in accounting and finance in india

Need help with?

Study abroad.

UK, Canada, US & More

IELTS, GRE, GMAT & More

Scholarship, Loans & Forex

Country Preference

New Zealand

Which English test are you planning to take?

Which academic test are you planning to take.

Not Sure yet

When are you planning to take the exam?

Already booked my exam slot

Within 2 Months

Want to learn about the test

Which Degree do you wish to pursue?

When do you want to start studying abroad.

September 2024

January 2025

What is your budget to study abroad?

phd in accounting and finance in india

How would you describe this article ?

Please rate this article

We would like to hear more.

cd_logo

  • Study Abroad Get upto 50% discount on Visa Fees
  • Top Universities & Colleges
  • Abroad Exams
  • Top Courses
  • Read College Reviews
  • Admission Alerts 2024
  • Education Loan
  • Institute (Counselling, Coaching and More)
  • Ask a Question
  • College Predictor
  • Test Series
  • Practice Questions
  • Course Finder
  • Scholarship
  • All Courses
  • B.Sc (Nursing)

PhD (Banking & Finance): Admission, Eligibility, Entrance, Syllabus 2024

phd in accounting and finance in india

Waqar Niyazi

Content Curator

PhD in Banking and Finance is a 3 years research level program that deals with the knowledge of finance and economics. It covers topics related to finance in micro aspects and macro aspects.

The eligibility criteria for a PhD course is a Master’s degree or equivalent relevant to the stream from a recognized university.

PhD admissions are granted through merit in the entrance examinations conducted by the university or college. The entrance exams that a candidate can clear to get admission in PhD program are UGC NET and CSIR UGC NET.

Some of the top colleges for PhD Banking and Finance are R. A. Podar College of Commerce And Economics, Somaiya Vidyavihar University, K. P. B. Hinduja College of Commerce, Nagindas Khandwala College, etc. The average fee charged to pursue PhD in Banking and Finance is INR 80,000 to INR 1, 00,000 per annum. The fee may differ according to the facilities provided by the university or college.

Some of the subjects taught in this course are Asset Pricing Theory, Foundations of Business Research, Econometric Analysis, Microstructure of Markets, etc.

The job roles after pursuing this course are diverse. Students can get various opportunities in the field of banking, stock management, teaching, etc.

The average starting salary for the jobs is INR 2, 00,000 to INR 5, 00,000 per annum. Some of the top recruiters of PhD Banking and Finance scholars are Reserve Bank of India, State Bank of India, National Stock Exchange, Mumbai University and others. 

Table of Content

PhD Banking and Finance: Course Highlights

  • PhD Banking and Finance: Admission Process

3.1  How to Apply?

3.2  Eligibility Criteria

3.3  Entrance Exams

  • PhD Banking and Finance: Top Colleges

4.1  College Comparison

  • PhD Banking and Finance: Syllabus

5.1  Important Books

PhD Banking and Finance: Course Comparison

  • PhD Banking and Finance: Job Prospects

7.1  Future Scopes

PhD Banking and Finance: FAQs

Course Level Research
Full Form Doctorate Of Philosophy in Banking and Finance
Duration 3 years
Eligibility Post Graduation Degree
Admission Process Either by Entrance Exam or by Merit
Course Fees Up to INR 2,00,000
Subjects Business Research, Econometric Analysis, Asset Pricing, Corporate Finance, etc.
Salary Up to INR 5,00,000 per annum
Recruiting Organizations Reserve Bank of India, State Bank of India, National Stock Exchange, Mumbai University and others
Jobs Teacher, Lecturer, Credit Control Manager, Financial Analyst, Stockbroker and others

Why Study PhD Banking and Finance? 

There are a lot of reasons to study a PhD in Banking and Finance. There is always a need of good researchers to study the fields of banking and finance. Most of the students prefer doing PhD because of the following reasons:

  • It gives a lot of job opportunities in various fields.
  • It opens a door for students to become professors and to teach in universities. There is always a need for professionals and researchers.
  • It enhances administrative skills of students.
  • There is always a need for PhD students in banks.
  • Students become good researchers and an expert in the field of Banking and Finance.
  • PhD in Banking and Finance helps students in enhancing their leadership and communication skills.

After doing PhD, one can earn up to INR 5,00,000 per annum.

PhD Banking and Finance: Admission Process 

Admissions to PhD programs are either based on national level entrance exams or based on the merit in the entrance test conducted by the university or college.

Candidates can apply for PhD courses either by online mode or offline mode.

How to Apply? 

  • Visit the official website or the Admission Office of the college/university for the admission form.
  • Fill the application form and attach all the necessary documents mentioned over there.

Submit the application form and pay the application fee.

After the release of cut-off, final selection is done through interview or GD rounds.

PhD Banking and Finance: Eligibility Criteria 

The basic eligibility criterion to take admission in PhD (Banking and Finance) is a Master’s degree in the relevant stream or equivalent from a recognized university.

  • Candidates must score more than 55% marks in their post graduation.
  • Candidates must clear the cut-off percentage in the entrance examination as per decided by the university or college.

PhD Banking and Finance: Entrance Exams 

Candidates need to qualify the entrance exam and then go through the counseling process conducted by the universities.

Exam Name Exam Date
UGC NET (June Session)  June 10-21, 2024
CSIR UGC NET To be Announced
ICAR AICE JRF/SRF   To be Announced

PhD Banking and Finance: How to prepare for Entrance Exams?

The entrance exam for PhD consists of the following sections:

  • Research Aptitude
  • Teaching Aptitude
  • Logical Reasoning
  • Mathematical Reasoning and Aptitude
  • Data Interpretation
  • You should have some knowledge about the course so that the questions are not completely new to you.
  • Go through the syllabus of the entrance exam and prepare accordingly.
  • Practice previous year’s question papers for a better idea of the exam pattern.
  • Appear for online mock tests conducted by different websites.
  • Prepare for the research ability test for banking and finance.

How to Get Admission in a Good College?

  • Most of the good colleges take admission through entrance exams.
  • So, if you want to get admission in a good college, you must prepare for the entrance exams.
  • Your final scores in your Master's degree also matter as admission in some colleges is merit based.
  • Prepare well for the Group Discussion and Personal Interview because it will test your knowledge about the subject.
  • Make sure to apply to your selective colleges before the deadline.

PhD Banking and Finance: Top Colleges  

College Name Average Annual Fees
NA
INR 11,940
INR 1,00,000
INR 80,000
NA

PhD Banking and Finance: College Comparison  

K. P. B. Hinduja College of Commerce Vs Somaiya Vidyavihar University Vs Shyam University

Parameter K. P. B. Hinduja College of Commerce Somaiya Vidyavihar University Shyam University
Overview The college has been awarded Best College Award from University of Mumbai. It has been declared as College with Potential for Excellence by the University Grants Commission [UGC]. It has also been accredited by NAAC and awarded with A+ grade. The university has been ranked 56 by NIRF. It has also been ranked 2 in India and 1 in Mumbai by Times B School. Shyam University is one of the top universities in Rajasthan. It is approved by UGC, BCI, Government of Rajasthan, AICTE, PCI and NCTE.
Location Mumbai, Maharashtra Mumbai, Maharashtra Dausa, Rajasthan
Admission Process Entrance Exam Entrance Exam Entrance Exam
Average Annual Fees INR 11,940 INR 1,00,000 INR 80,000
Average Annual Salary INR 4,00,000 INR 10,00,000 INR 3,70,000

PhD Banking and Finance: Syllabus 

Year 1 Year 2
Asset Pricing Theory Microstructure of Markets
Empirical Asset Pricing Continuous Time Finance
Foundations of Business Research Research Methods in Finance 1
Corporate Finance Theory Research Methods in Finance 2
Empirical Corporate Finance NA
Empirical Corporate Governance NA
Econometric Analysis OR Stats for Business Research OR Research Project Seminar NA

PhD Banking and Finance: Important Books 

Name of the Books Author’s Name
Managing Risk in Financial Institutions: A comprehensive approach  P.hD Roberto Salomon 
Winning at Collaborations Commerce: the next competitive advantage Heidi Collins 

PhD Banking and Finance vs PhD in Economics

Parameters PhD (Banking and Finance) PhD in Economics
Overview It mainly covers topics related to business research, corporate finance, asset pricing, etc. The main focus is on microeconomics and macroeconomics.
Duration 3 years 3 to 5 years
Eligibility Post Graduation in Banking & Finance or equivalent Post Graduation in Economics
Average Annual Fee Up to INR 2,00,000 Up to INR 6,00,000
Average Salary Offered Up to INR 5,00,000 per annum Up to INR 8,00,000 per annum
Job Roles Stockbroker, Credit Control Manager, Teacher, Lecturer, etc. Accounting, Media Analyst, Marketing, Auditor, etc.

PhD Banking and Finance: Job Prospects and Career Options 

A PhD in Banking and Finance is beneficial for the students who are interested in learning about the latest reforms in the banking sector.

There are a lot of career options available for students pursuing PhD in Banking and Finance like Lecturer/ Teacher, Stockbroker, Finance Manager, Statistician, etc.

PhD Banking and Finance: Job Profiles

Job Profile Job Description Average Annual Salary (INR)
Lecturer/ Teacher The role of a Teacher or a Lecturer is to teach students about the fields of banking and finance in universities and colleges. INR 3,50,000
Stock Broker The role of a Stock Broker is to buy and sell stocks and other securities in a stock market. INR 3,90,000 per annum
Financial Analyst Their role is to analyze the market trends and to help the company grow economically. INR 4,10,000 per annum
Credit Control Manager Credit Control Manager is responsible for controlling the payments of an organization. INR 5,00,000 per annum
Statistician Statistician is a person involved in theoretical or applied statistics. They analyze the data and supplement the knowledge in public and private sectors. INR 5,30,000 per annum

Salary Graph Trend 

Salary

PhD Banking and Finance: Future Scopes 

The job roles after a PhD course are diverse. Students can find stability in their career within a few years. The finance and banking sectors are always open for new generations to show their skills and help improve the economy of the country. Students can easily find jobs in both private and public sectors. The salary increases with experience.

  • Students may go for further research work or for jobs in various fields.
  • Students can continue their research work in macro finance or micro finance fields.

Students can go for jobs in the sectors like banking, stock broker, finance manager, lecturer, etc.

Ques. What is the average fee of PhD (Banking and Finance)?

Ans. The average fee for pursuing PhD (Banking and Finance) ranges between INR 80,000- INR 2,00,000

Ques. Which college in India offers PhD in Banking and Finance?

Ans. There are very few colleges in India that offer PhD in Banking and Finance. Two of them are:

  • R.A. Podar College of Commerce and Economics, Mumbai
  • Nagindas Khandwala College of Commerce, Mumbai

Ques. Is it necessary to do a PhD in Banking and Finance to get a job in banks?

Ans. No, it is not necessary to do a PhD to get a job in banks. But, if you want to get a higher post in the bank, doing a PhD will be a good option.

Ques. Is it necessary to do a PhD in Banking and Finance to become a professor in Finance?

Ans. Doing a PhD opens a lot of doors in the field of teaching. If you want to be a professor in Finance, a PhD degree in Banking and Finance will be a good choice.

Ques. Is it worth doing a PhD in Banking and Finance?

Ans . Yes, PhD in Banking and Finance is worth it. You can get numerous jobs that will pay you well. Also, you can do research in your field of study.

Ques. What are some of the main entrance exams for PhD in Banking and Finance course?

Ans. The main entrance exams for PhD in Banking and Finance courses are UGC NET, CSIR UGC NET, GATE, SET, NET, etc.

Ques. How long does it take to complete a PhD in Banking and Finance?

Ans. PhD in Banking and Finance is of three years. You can complete your research in these three years and get your Doctorate degree or you might go for further research.

Ques. What is the age limit for a PhD in Banking and Finance?

Ans . PhD in Banking and Finance is of three years. You can complete your research in these three years and get your Doctorate degree or you might go for further research.

Ques. Is it necessary to clear the PET exam to get admission to PhD in Banking and Finance course in K. P. B. Hinduja College of Commerce?

Ans. No, it is not necessary to clear the PET exam if you have qualified the GATE/ SET/ NET/ JRF Examination or any other national level examinations.

Ques. What is the maximum duration to complete PhD in Banking and Finance?

Ans. Usually, the course is to be completed within 3 years. But, some colleges offer more time to complete the research work and it can be a maximum of 4 years

Ph.D. (Commerce)

M.phil. (commerce), ph.d. (statistics), ph.d. (commerce and management), ph.d. (business economics), ph.d. (banking & finance) colleges in india.

Savitribai Phule Pune University - [SPPU]

Savitribai Phule Pune University - [SPPU]

RA Podar College of Commerce and Economics

RA Podar College of Commerce and Economics

KPB Hinduja College of Commerce - [KPB]

KPB Hinduja College of Commerce - [KPB]

Gramonnati Mandal's Arts, Commerce & Science College - [ACSC] Narayangaon

Gramonnati Mandal's Arts, Commerce & Science College - [ACSC] Narayangaon

Shyam University

Shyam University

Nagindas  Khandwala College

Nagindas Khandwala College

Guru Nanak University - [GNU]

Guru Nanak University - [GNU]

Prof. Rajendra Singh University - [PRSU]

Prof. Rajendra Singh University - [PRSU]

Subscribe to our news letter.

downloadapp_banner image

  • Harvard Business School →
  • Doctoral Programs →
  • PhD Programs

Accounting & Management

  • Business Economics
  • Health Policy (Management)
  • Organizational Behavior
  • Technology & Operations Management
  • Program Requirements

Accounting & Management

Curriculum & coursework.

Our programs are full-time degree programs which officially begin in August. Students are expected to complete their program in five years. Typically, the first two years are spent on coursework, at the end of which students take a field exam, and then another three years on dissertation research and writing.

Students in the Accounting and Management program must complete a minimum of 13 semester-long doctoral courses in the areas of business management theory, economic theory, quantitative research methods, academic field seminars, and two MBA elective curriculum courses. In addition to HBS courses, students may take courses at other Harvard Schools and MIT.

Research & Dissertation

Students in accounting and management begin research in their first year typically by working with a faculty member. By their third and fourth years, most students are launched on a solid research and publication stream. In Accounting and Management, the dissertation may take the form of three publishable papers or one longer dissertation.

Recent questions students have explored include: the ways in which managers use retail-level marketing actions to influence the timing of consumer purchases in relation to their firms’ fiscal calendars and financial performance as well as those of their competitors; the role of accounting information in strategic human resource decisions; the evolution, consequences and institutional determinants of unregulated financial reporting practices; the effects of adopting rolling forecasts on forecast quality.

phd in accounting and finance in india

Elliot Tobin

phd in accounting and finance in india

Professor Charles Wang

“ I’m constantly inspired to look into new research angles by the brilliant people I run into on campus every day. ”

phd in accounting and finance in india

Current HBS Faculty

  • Brian K. Baik
  • Dennis Campbell
  • Srikant M. Datar
  • Aiyesha Dey
  • Susanna Gallani
  • Brian J. Hall
  • Jonas Heese
  • Robert S. Kaplan
  • V.G. Narayanan
  • Joseph Pacelli
  • Lynn S. Paine
  • Krishna G. Palepu
  • Ananth Raman
  • Clayton S. Rose
  • Ethan C. Rouen
  • Tatiana Sandino
  • David S. Scharfstein
  • George Serafeim
  • Anywhere Sikochi
  • Robert Simons
  • Eugene F. Soltes
  • Suraj Srinivasan
  • Adi Sunderam
  • Charles C.Y. Wang
  • Emily Williams

Current Accounting & Management Students

  • Ji Ho Kim
  • Yiwei Li
  • Trang Nguyen
  • Konstantin Pavlenkov
  • Ria Sen
  • Terrence Tianshuo Shi
  • Albert Shin
  • Elliot Tobin
  • Wenxin Wang
  • Siyu Zhang

Current HBS Faculty & Students by Interest

Recent placement, yaxuan chen, 2024, hashim zaman, 2022, wei cai, 2020, matthew shaffer, 2019, botir kobilov, 2024, patrick ferguson, 2021, jihwon park, 2020, wilbur chen, 2022, alexandra scherf, 2021, jody grewal, 2019.

IMAGES

  1. How to Pursue a PhD in Finance in India?

    phd in accounting and finance in india

  2. Top 10 PhD Universities In India: IIT, DU, And Many More!

    phd in accounting and finance in india

  3. PhD in Accounting and Finance- 8+ Positions

    phd in accounting and finance in india

  4. How to Pursue a PhD in Finance in India?

    phd in accounting and finance in india

  5. a degree in Finance and Accounting

    phd in accounting and finance in india

  6. PhD Scholarships in Accounting and Finance (Fully Funded)

    phd in accounting and finance in india

VIDEO

  1. Diluted EPS

  2. Accounting Phd's Need Real World Experience

  3. Aggressive Afghan Kuchi Dog

  4. Phd in Accounting and Financial Management (Honoris Causa)

  5. Alabai Afghan Cuchi puppies Aggressive breed

  6. PhD (Accounting) student speaks Edith Cowan University

COMMENTS

  1. PhD Accountancy in India: Topics, Salary, Colleges, University 2024

    PhD in Accountancy is a full- time course, IGNOU offers a distance learning course for PhD in Commerce. The average fee ranges from INR 15,000 to INR 50,000 whereas the average annual starting salary can be around INR 7-14 LPA in India based on the candidates' capacity and their previous experiences. Table of Content.

  2. PhD in Finance and Accounting

    The PhD Program in Finance and Accounting Area at IIM Udaipur aims to equip its students with relevant tools for an impactful career as researchers and teachers at top-tier management schools in India and abroad. During the program, students go through a thoughtfully curated list of research methods and topical research seminar courses in ...

  3. List of Universities for PHD in Accounting And Finance in India

    Find the list of all universities for PHD in Accounting And Finance in India with our interactive university search tool. Use the filter to list universities by subject, location, program type or study level.

  4. PhD in Finance & Accounts Syllabus, Distance Education, Admission

    PhD in Finance & Accounts is a minimum 3-year full-time course which can be extended to 5 years dealing with the basics of finance and accounting. PhD in Finance is a doctorate level course dealing with various aspects of finance. It does not include any accounting principles in its curriculum. Duration: 2 Years to 5 years: 2 Years to 5 years ...

  5. Top Ph.D Accountancy Colleges in India

    Check out list of top Ph.D in Accountancy colleges in India with courses, fees, cut-off, admission, placement, reviews, ranking, latest news, and more on careers360.com. Browse by Stream. Engineering and Architecture. Exams. JEE Main Exam; GATE Exam; ... Ph.D Accounting and Finance.

  6. PhD in Finance Course, Colleges, Subjects, Abroad, Salary, Scope 2024

    Ph.D. in Finance: Course Highlights, Admission, Syllabus, ...

  7. Finance & Accounting

    Finance & Accounting | IIM Bangalore

  8. Top PhD Finance and Accounting Colleges in India 2024

    Top PhD Finance and Accounting Colleges in India 2024 - Check here the list of top and best 14 PhD Finance and Accounting colleges in India along with their fee structure, cut off, admission process, ranking, brochure, placements and eligibility details.

  9. Ph.D. Finance

    Ph.D PROGRAMME About The Programme The Ph.D. programme at Jindal School of Banking & Finance (JSBF) is designed to prepare future professionals for challenges that require an integrated view of the innerworkings of financial markets and institutions. In addition, students can expect to gain a thorough understanding about financial decision‑making and its modelling. Students will develop the ...

  10. Unlock Financial Insights: Guide to Pursuing a PhD in Finance

    Several prestigious institutions in India offer a PhD in Finance program, which is a research-oriented course that provides a deeper understanding of financial concepts. To pursue this program, candidates must pass entrance exams and have a minimum overall score of 55% in their relevant master's degree.

  11. Ph.D Finance and Accounting

    Explore the Ph.D Financial Management (Full time & Part time) program and make your dream a reality. Get fees, eligibility, and admission details. ... Phd In Accounting and Finance; Ph.D Finance and Accounting. ... India. 080-28098000 / 07 9108514034, 9108514028. Contact Bengaluru campus. Get Directions.

  12. Ph.D. in Finance & Banking

    Prof. Dr. Swati Godbole. Ph.D. (ITM University Raipur, 2017) Behaviour Finance, Corporate Governance, Consumer Behaviour. Ph.D in banking and finance covers areas like financial problems of a business financial markets and policy issues. K J Somaiya Institute is one of best colleges for banking and.

  13. PhD in Finance Course, Subjects, Colleges, Syllabus, Scope, Fees

    To be eligible for the Ph.D. in Finance program offered by a number of institutions, students must have a master's degree in finance and complete the following criteria. A master's degree in finance ( M.Com. or MBA in Finance) from a recognised university is required. It is necessary to have a master's degree with a minimum of 50 per cent marks.

  14. PhD Accountancy: Course Details, Eligibility, Admissions, Colleges

    PhD Accountancy: About the Course. PhD Accountancy is a 3-year long PhD program in Accountancy (Commerce), and it is related with the aspects of Accountancy such as Cost and Financial Accountancy. PhD or doctorate in Accounting begins with advanced and specialized courses that emphasize dissertation based research.

  15. PhD Accountancy: Course Details, Eligibility, Admission, Fees

    The PhD Accountancy fee is not fixed and depends on many factors. Some of the factors which affect the PhD Accountancy fees include location, faculty, demand, infrastructure, and the facilities available to the students. The average PhD Accountancy course fee in India is around INR 15,000 - 1.5 LPA. 1.

  16. PhD in Accounting

    In the case of a general PhD in Accounting, students should have a master's degree like MCom/MPhil in Accountancy/Finance from an accredited university. GRE score. English Language Proficiency Tests - IELTS, TOEFL or PTE. Some universities require you to have minimum work experience in the related field.

  17. Ph.D. (Finance) From IIT Madras, Chennai

    Eligible candidates can apply for IIT Madras M.Tech admission 2025 from August 28 to September 26 at goaps.iitr.ac.in. The exam will be conducted on Feb 1, 2, 15, and 16, 2025. IIT JAM 2025 exam date is Feb 2, 2025 for MSc courses. The registrations will be open from Sept 3 to Oct 11, 2024.

  18. Scholarships for Accounting in India

    1 of 1. Find exclusive scholarships for international PhD students pursuing Accounting studies in India. Search and apply online today.

  19. Join PhD Program in Accounting and Finance

    The PhD Program in Finance and Accounting Area at IIM Udaipur aims to equip its students with relevant tools for an impactful career as researchers and teachers at top-tier management schools in India and abroad. During the program, students go through a thoughtfully curated list of research methods and topical research seminar courses in ...

  20. List of PHD Programs in Accounting And Finance

    Africa Asia Europe Latin America North America Oceania. Find the list of all PHD Programs in Accounting And Finance with our interactive Program search tool. Use the filters to list programs by subject, location, program type or study level.

  21. PhD in Finance

    To apply for PhD in Finance in India, you might be required to qualify PhD entrance exams. ... PhD in Accounting and Financial Management is usually a part of PhD in Business Administration. It is usually chosen for work in analytical, logical and time management. Some of the topics covered are Business Environment, Business Finances, Financial ...

  22. Ph.D. (Banking & Finance): Fees, Salary, Colleges, Books 2024

    Some of the top colleges for PhD Banking and Finance are R. A. Podar College of Commerce And Economics, Somaiya Vidyavihar University, K. P. B. Hinduja College of Commerce, Nagindas Khandwala College, etc. The average fee charged to pursue PhD in Banking and Finance is INR 80,000 to INR 1, 00,000 per annum. The fee may differ according to the ...

  23. Accounting & Management

    Accounting & Management - Doctoral