M.Com is a popular course among students after BCom. A student pursuing a master’s degree in business is exposed to a multitude of in-depth knowledge in the field. If a student has a bachelor’s degree in commerce, an M.Com degree will provide them with a plethora of knowledge in the areas that they have previously studied.
M.Com is one of India’s most versatile courses, allowing students to work in nearly every sector of the economy. The insurance industry, which employs a big number of MCom graduates, is expected to rise to USD 1 trillion by 2025, offering more career opportunities for MCom graduates. There are other courses that students can pursue after completing their MCom, but PhD is one of the most popular.
A PhD is an internationally recognised postgraduate academic degree awarded by universities and higher education institutions to applicants who submit a thesis or dissertation based on significant and original research in their field. After finishing their MCom, a student can pursue a PhD in a variety of topics.
Looking for some of the best PhD courses after that will help you to decide your future career?🤔 Here is a list of some of the top PhD courses you can do after MCom👉
List of Best PhD Courses after MCom in India:
1. Doctor of Philosophy (PhD) in Commerce and Management:
The Doctoral level programme in Commerce and Management entrusts students with a wealth of information in the areas of business and management basics.
The program’s study combines the principles of Commerce and Management, resulting in a wide field of knowledge for students to explore in-depth. The curriculum also encourages students to develop their abilities, competency, and sense of inquiry by teaching them problem-solving and creative thinking.
Eligibility:
- Candidates who have completed their post-graduate degree in Commerce or M.Phil. degree with a minimum aggregate of 55 per cent marks or higher from a recognised university listed under UGC/AIU are eligible for admission.
- Applicants must pass the UGC-NET examination held at the program’s admission level.
- Some prestigious colleges and institutions will also conduct Group Discussions and Personal Interviews.
Duration: 3-5 Years
Job Profile:
- Professor
- Business Analysts
- Finance Managers
- CFO
- CEO
Average Salary: Approximately up to INR 3 to 40 Lacs per annum
2. PhD in Renewable Energy:
PhD in Renewable Energy is a three-year doctoral programme. The goal of this course is to develop new renewable energy technologies that will be advantageous in the future. The PhD in Renewable Energy, as the title suggests, aims to train students to be professional analysts and researchers.
This course focuses on the development of innovative technologies that will provide a long-term solution while also opening up new business opportunities.
Eligibility:
- A Master’s degree or its equivalent from a recognised university is required.
- He or she must receive at least 60% of the total grades from an accredited university.
- The primary prerequisite for admission to this degree is to achieve cut-off marks in the entrance examination.
- Students must also perform well in the Personal Interview stage.
Duration: 3 Years
Job Profile:
- Assistant Professor
- Department In Charge
- Project Coordinator
- Researcher
- Operation Manager
Average Salary: INR 4 Lakh – INR 8 Lakh per annum
3. PhD in Aviation Management:
Individuals who complete the Aviation Management course will be able to control the departments of airlines and airports. Aviation management has a lot of potential because it is reaching new heights every day. India has the world’s third-largest civil aviation market.
The PhD in aviation management opens up opportunities for the student to take on suitable teaching responsibilities as well as top jobs in the airline industry.
Eligibility: Master’s Degree in any field with a minimum of 55% from a recognised university.
Duration: 5 Years
Job Profile:
- Airport Manager
- Program Manager
- Credit Control Manager
- Assistant Airport Manager
- Airlines Grooming Trainer
Average Salary: INR 3 to 10 lakhs per annum depending on the type of job and years of experience.
4. PhD in Supply Chain Management:
PhD Supply Chain Management is a Postgraduate Doctorate programme that focuses completely on the production management aspect of various commodities and services.
PhD in Supply Chain Management is all about controlling and tracking commodities and services at various stages before they become a finished product or final goods. This course covers a wide range of topics, including Operations Management, Logistics, Resource Management, Business Development, and Advanced Marketing Management.
Eligibility:
- Postgraduate degree in relevant discipline from any recognised University or Institution with a minimum of 55% marks or an equivalent grade.
- Some universities that offer PhD programmes require candidates to take an entrance exam.
Duration: 3-5 Years
Job Profile:
- SCM Operations Senior Analyst
- SCM Group Leader
- Associate SCM Manager
- SCM Specialist
- Senior SCM Manager
Average Salary: INR 2,00,000 – INR 10,00,000 per annum
5. PhD Business Administration:
The Doctor of Philosophy in Business Administration is the pinnacle of Business and Management education. It focuses on approaches and methods for conducting research, as well as creating designs for assets and liabilities.
The emphasis is on problem-solving, game planning, business strategy, and research layouts in many business fields. The course also covers Data Analysis and other techniques that have been popular in recent years.
Eligibility:
- Candidates must have an MBA, MPhil, or other master’s degree in the relevant subject.
- They should have received at least 55 percent in their master’s degree programmes.
- A strong command of the English language is required for admission to the PhD programme in Business Administration.
Duration: 3-5 Years
Job Profile:
- Assistant Manager
- Administration Manager
- Events Executive
- Business Administrative Executive
Average Salary: INR 7 lakh to 17 lakh per annum
6. PhD in Finance:
PhD Finance is a finance doctorate programme. It is a research-oriented course that will prepare the student for a successful academic career. Students pursuing a PhD in Finance are educated in areas such as statistics, investments, economics, and corporate finance theory. In addition, as part of their course curriculum, students will be exposed to a variety of markets and financial products.
Eligibility:
- The applicant must have earned a master’s degree in finance or a similar discipline from a recognised academic institution, with the minimum scores required by their chosen university.
- To apply for a PhD in Finance in India, you may need to pass PhD admission exams.
Duration: 2-5 Years
Job Profile:
- Financial Advisor
- Financial Planner
- Investment planner
- Financial analysis
Average Salary: 4-8 Lakh per annum
7. PhD in Marketing:
PhD in Marketing is a full-time doctoral degree programme. This is essentially a professional degree that tries to prepare students to teach and do research through a variety of courses that focus on theoretical aspects of marketing.
Students will study quantitative models in marketing literature and build the skills needed to analyse and evaluate current models in this course. Students have a strong emphasis on topics such as research design, measurement and scaling, and data collection.
Eligibility:
- The student must have earned a Master’s degree from an accredited university with a minimum of 60% of the total grades.
- The primary prerequisite for admission to this degree is to achieve cut-off marks in the entrance examination.
- Students must also perform well in the Personal Interview stage.
Duration: 3-5 Years
Job Profile:
- Brand Manager
- Deputy Manager
- e-Marketing Manager
- Internet Marketing Manager
- Market Research Analyst
- Marketing Communications Leader
Average Salary: 2-10 Lakhs per annum
8. PhD in Human Resource Management:
PhD in Human Resource Management is a doctoral degree in human resource management. The course is available at a number of colleges around India. This programme focuses on teaching students organisational skills, training and development skills, decision-making skills, and communication abilities.
The course is extremely beneficial in developing critical thinking skills, which are similar to thinking outside the box and beyond traditional constraints. One also becomes acquainted with the policies and practices that organisations employ in order to maximise productivity and efficiency.
Eligibility:
- The student must have a Master’s degree from a recognised university with at least a 55 percent aggregate score.
- The primary prerequisite for admission to this degree is to achieve cut-off marks in the entrance examination.
- Students must also perform well in the Personal Interview stage.
Duration: 3 – 5 years
Job Profile:
- HR Executive
- HR Consultant
- Training Coordinator
- Training Manager
- Recruitment Consultant
- Human Resource Manager
Average Salary: 6-11 Lakh per annum
9. PhD (Banking & Finance):
PhD in Banking and Finance is a three-year research programme that focuses on finance and economics knowledge. It covers finance subjects from the micro to the macro level. A PhD in Banking and Finance is advantageous for students who want to learn about the most recent banking reforms.
The program’s goal is to equip candidates with practical knowledge in project appraisal and lending in order to assist them in gaining competency and general expertise in project finance.
Eligibility:
- Candidates must have a postgraduate degree with a grade point average of at least 55 percent.
- Candidates must achieve the university or college’s cut-off percentage in the entrance examination.
Duration: 3 Years
Job Profile:
- Stockbroker
- Credit Control Manager
- Teacher
- Lecturer
- Financial Analyst
Average Salary: Up to INR 5,00,000 per annum
10. PhD in Disaster Management:
The study of disaster-prone locations, the required procedures taken to prevent loss of life, and the steps taken post-calamity are central to a PhD in Disaster Management. Students who want to learn more about the subject and have a strong interest in disaster management or social welfare are best suited for the programme.
They must have the credibility to handle exhausting situations, operate in difficult conditions created by man-made and natural disasters, and have the mental and physical strength to carry out plans without losing their minds.
Eligibility:
- Candidates must hold a Master’s degree or M.Phil in the relevant discipline with a minimum aggregate of 55 per cent or higher from a recognised university.
- Candidates must pass the admission examinations administered by various institutes and universities.
- They should have a minimum of 5 years of experience as a professional in either teaching/administration or industry.
Duration: Usually 3-5 Years
Job Profile:
- Disaster Officer
- Environmental Specialist
- Rehabilitation Expert
- Homeland Security Analyst
Average Salary: INR 2.5 to 12 lacs per annum depending on the field and subject of study as well as job experience.
11. PhD Accountancy:
PhD Accountancy is a three-year doctorate in Accountancy (Commerce) that focuses on topics of accounting such as cost and financial accounting. It teaches you all you need to know about accounting, finance, trades, and other facets of the business. To conduct the research, it combines the disciplines of accounting and other business areas. After completing this course, students become adept in accounting and other commerce disciplines, as well as discovering the connections between them and applying them in the real world.
Eligibility: Postgraduate degree in relevant disciplines (M.Com or M.Phil) with a minimum of 55 per cent marks in aggregate, as well as a qualification in national and state-level exams such as NET/ SET/ PET, etc.
Duration: 3 years
Job Profile:
- Investment Banker
- Financial and Corporate Analyst
- Manager
- Associate Professor
- Researcher
Average Salary: INR 7-14 Lakh per annum
Conclusion: The list above includes some excellent courses for folks who have completed their MCom. We hope this helps you answer the question, “What are the finest PhD courses to take after MCom?” After studying any of the above-mentioned courses, you will be able to decide your interests based on the job path you wish to pursue.😊
