In an era where in-depth knowledge and applied research are acknowledged and widely appreciated, the demand for a doctorate in management is increasing. Holding a PhD in the management subject means you become a management expert that makes you even more eligible for top management jobs in the management industry. The management industry does not offer high paying and more responsible jobs to those who hold UG or PG level management degree, but a PhD in this field can make you eligible for such job offers.
What is Ph.D in Management?
PhD in Management is a 3-year full-time doctorate programme that is divided into a total of 6 semesters. The PhD programme in management mainly focuses on business study, but it is broken into various specialisations that include Accounting, Corporate Secretaryship, Healthcare Management, Marketing, Entrepreneurship, Decision Sciences (Decision Theory and Decision analysis), Economics, Ethics and Legal studies, Organizational Behavior, Statistics, Strategy, Technology and Operations Research, Finance, and more. The PhD programme provides detailed knowledge of management and organisational behaviour.
How to get admission?
Before you apply for admission to the Ph.D in management course, you must be aware of the admission eligibility criteria. If you are holding a masters degree in management studies with more than 60% marks, then you are most welcome to apply for admission to this programme. PhD Admission is made through university/ institute level written test or marks obtained in the eligible PhD entrance test and performance in the personal interview round. Some of the most popular PhD entrance tests are CSIR, GATE, UGC, ICAR, NET, DST, JRF etc.
Career Scope
Once you complete a doctorate in management, the industry opens the door for you with plenty of job options. The knowledge you gain in the PhD programme makes you qualified for the high profile management jobs in the industry. Having a management PhD degree opens up a world of satisfying and lucrative career options. On completion of PhD, you can work as marketing managers, strategic managers, human resource managers, financial managers, and operational managers in the industry’s top-notch companies. The private firms hire the PhD holders to perform vital roles in some of the significant areas such as consulting, general management, entrepreneurship, operation management, marketing industries. A doctorate in management is offered an annual salary package between Rs 2 lakh and 20 lakh.
Gone are the days when Ph.D. degree holders were considered suitable only for academics. Now they hold equal or better opportunities in the corporate world too. A doctorate degree helps you gain a matured outlook, apart from the title of ‘Dr’.
