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PhD in Management in India: FPM Course, Eligibility, Admissions, Syllabus, Fees, Career

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PhD in Management & Fellow Program in Management

Business and Management education has grown rapidly in India. According to AACSB International, a premier global accreditation agency, India has more than 3,000 MBA programs, the highest in the world! Lack of quality faculty is often lamented by education leaders. Further, with the advent of Industry 3.0 Trends and proliferation of IT in business, management thinking and practices are also getting altered significantly. These developments highlight the growing importance of trained researchers and faculty in management domains in India. However little information exists about PhD in Management in India and FPM in India, that are supposed to create researchers and faculty in management disciplines. This special article by MBAUniverse.com shall bridge the gap.

PhD in Management: Highlights

What is PhD in Management? Let’s start by answering the basic question -- What is a PhD in Management course? Well, a PhD in Management course or Doctor of Philosophy in Management is one of the highest academic degrees awarded in the study of management science. The degree was designed primarily for those candidates seeking Academic Research and Teaching Careers at business schools.

IIM Ahmedabad says that its Ph.D. program in Management course prepares students for a career in academia or research positions in industry. IIM Bangalore says its PhD in Management course is committed to training individuals to excel in their chosen areas of research and produce publication-quality work of international standards. The PhD in Management Program of IIM Calcutta was started in 1971. The Programme aims to prepare students for careers in teaching and research in management studies and in related disciplines, and for careers in the government, in industry, and in other organizations that require advanced analytical and research capabilities.

What is FPM? As per the education regulatory system in India, only a UGC recognized University or an ‘institution of national importance’ can offer a PhD program. Since IIMs, till passing of IIM Act in 2017, were not authorised to offer PhD in Management, they offered a ‘Fellow Programme in Management’ or FPM. In line with Fellow program in Management offered by IIMs, Technical education regulatory body AICTE also allowed PGDM B-schools like XLRI, MDI and SPJIMR to offer the FPM in India (Fellow Programme in Management). After passing of IIM Act, today most IIMs offer a PhD in Management in India, while PGDM B-schools continue to offer FPM in India. Public and Private Universities offer a PhD in Management in India.

Above can be explained well through an example. IIM Bangalore, established in 1973, is now incorporated and recognized as an ‘Institution of National Importance’ by an Act of Parliament titled, the Indian Institutes of Management Act, 2017. With IIM Act coming into effect, the erstwhile Doctoral Programme – Fellow Programme in Management now leads to the grant of a degree of Doctor of Philosophy (Ph.D.). Prior to this, the Fellow Programme in Management (FPM) of the IIM Bangalore, which is now referred to as the Doctoral Programme, was recognized as being equivalent to the Ph.D. degree of a University by the Association of Indian Universities.

XLRI for example offers FPM in India - Fellow Programme in Management (FPM), a full-time, residential doctoral programme offering studies in different fields of management and functional areas. SPJIMR’s Fellow Programme in Management (FPM), is full-time doctoral-level programme “designed to develop high caliber researchers and faculty in various management disciplines.”

PhD Vs FPM in India: What is the difference? In terms of curriculum and content, there is no difference between PhD and FPM in India. However technically they are two separate programs offering different academic titles.

Top PhD in Management in India offered by IIMs, AICTE B-schools & Universities

Different Areas of Specializations in PhD in Management program PhD in Management in India, is generally specific to the study of research questions with potential relevance to the business world. Areas of specialization for the PhD in Management in India include typical domains of management like Strategy, Finance & Accounting, Human Resource, Marketing etc. Some B-schools like IIM Calcutta also encourage research into to related domains like economics, sociology and regional development.

Areas of Specializations in PhD in Management/ FPM Program in Management Let’s check different Areas of Specializations in Doctoral Program in Management

IIM Ahmedabad offers following areas of high levels of specialization:  (1) Agriculture, (2) Economics, (3) Finance & Accounting, (4) Human Resource Management, (5) Information Systems, (6) Innovation and Management in Education, (7) Marketing, (8) Organizational Behaviour, (9) Production and Quantitative Methods, (10) Public Systems and (11) Strategy

IIM Bangalore Areas of Specializations are:  (1) Decision Sciences, (2) Economics & Social Sciences, (3) Entrepreneurship, (4) Finance & Accounting, (5) Marketing, (6) Organizational Behavior& Human Resource Management, (7) Production & Operations Management, (8) Public Policy, (9) Strategy

IIM Calcutta offers Doctoral Programme which has two streams:

• The Doctoral Programme in Management includes the following - specializations: Economics, Finance & Control, Human Resource Management, Management Information Systems, Marketing, Operations Management, Organizational Behaviour, Public Policy and Management, and Strategic Management.
• The Doctoral Programme in Disciplines Related to Management includes the following specializations: Operations Research & Systems Analysis, Regional Development, and Sociology.

IIT Delhi’s Department of Management Studies research areas are broadly classified into the following areas: Economics; Finance & Accounting; Information Technology & Systems; Marketing; Operations, and Supply Chain Management; and Strategy, and Technology Management.

PhD in Management in India: Program Duration Generally, students are expected to complete the PhD programme within 5 years of registering and completing the process of PhD in Management Admission. However, some scholars finish the program in lesser duration (4 years) and some take more than 5 years. 

Benefits of PhD or FPM Program So what are the benefits of PhD or FPM Program? Here are the key ones:

• New Knowledge Creation:  Through research, Faculty and Researchers create new knowledge that are essential in advancing any disciple. By pursuing regular research in their areas, faculty also remains current in his or her chosen field.
• Eligibility Requirement for Academic Career:  A PhD in Management  in India or FPM in India is often required for those interested in pursuing an academic career as a professor at a business school. 
• Positive Impact on Rankings:  Reputed MBA Rankings like Financial Times UK, NIRF India are influenced by the proportion of faculty with Ph.D. degrees or doctorates.

PhD in Management Eligibility Criteria Eligibility for PhD in Management Admissions in India require candidates to meet certain criteria. General PhD in Management Eligibility Criteria in India are:

a) A Master's Degree (obtained after completing bachelor’s degree) or a 5 year Integrated Master’s Degree (obtained after completing higher secondary schooling in 10+2 pattern) in any discipline (OR) Post Graduate Diploma (2 years), OR

b) Professional qualification - CA, ICWA, CS with B.com/Degree, OR

c) 4 year / 8 semesters Bachelor's degree

So for PhD in Management Admissions in India, you must have one of the above qualifications. It may be noted that the above are the minimum eligibility for PhD in Management admissions. 

PhD in Management Admission Process The PhD in Management Admission process is designed to test candidates at the rigorous standard Since PhD or FPM is a rigorous program. Here are the key steps of PhD in Management in India Admission process

• Written Exam: The first step to  PhD in Management Admissions is appearing in entrance test like CAT, XAT, GMAT, GRE, UGC-JRF in relevant discipline or own PhD in Management Admission Test of Universities. IIM Bangalore conducts its own PhD in Management admission test as well. At SPJIMR, applicants will have to give a Research Aptitude Test (RAT) during their personal interview session.
• Interview:  Candidates are short listed on the basis of their performance in written exams, academic background and experience for next round of Ph.D.in Management admission process. Ph.D. in Management admission interviews are held thereafter.
• Final Ph.D. in Management Admissions:  Based on Written Exam Scores, Interview performance and other criteria as specified by IIMs, Universities and B-schools, final Ph.D. in Management admission list is released. Selected candidates are expected to complete registration formalities within stipulated time.

PhD in Management Fees, Fellowship and Expenses While some Universities and B-schools have PhD in Management Fees, most IIMs and top B-schools don’t charge any fee from the candidates enrolled into their PhD programs. Infact, to encourage research, they offer fellowships and grants. Here are some of the top MBA Colleges in India offering Phd in Management with Fee details:

Top IIMs offering Phd in Management with Fee Details Below are some of the top IIMs offering doctoral program in Management (PhD). Till the passing of IIM Act, these IIMs offered FPM in Management. The Phd from IIMs does not require tuition fee. In fact IIMs offer a stipend or PhD allowance to motivate students to pursue research. Here are some details:

• IIM Bangalore:  There is no tuition fee for PhD students. Additionally, they will receive a stipend of Rs 35,000 per month for up to five years to cover their living expenses.
• IIM Ahmedabad:  Provides a comprehensive fellowship that covers all academic expenses including tuition, computer, library, medical insurance, placement and alumni fees, and in addition includes a monthly subsistence allowance of Rs. 32,800 to 39,300. IIMA also offers Contingency Allowance and other support for attending international conference/ workshop/ summer school during their entire tenure with Ph.D. Since the Ph. D. Programme is a full time residential programme, accommodation is provided to all selected candidates.
• IIM Calcutta:  Each student is given a stipend that starts at Rs.30,000 per month and goes up to Rs.35,000 per month. In addition, each student can avail the student development grants of up to Rs. 65,000 for the first year of study, and of up to Rs. 25,000 per year for subsequent years.
• SPJIMR: FPM at SPJIMR is a fully-funded programme. Every scholar admitted to the programme receives a 100 per cent scholarship for the entire duration of their FPM journey. Apart from this, to enable the participants to take care of their essential needs during their research journey, SPJIMR also provides a monthly stipend of Rs 40,000 per month for the program’s first four years.

Top MBA Colleges offering FPM in Management with Fees Details Below are some of the top AICTE approved PGDM institutes offering FPM in Management

• XLRI:  An FPM student is awarded a fellowship of Rs. 25,000/- per month during the 1st and 2nd year and Rs. 30,000/- per month for the next two years in addition to tuition waiver, to help meet living and other expenses. Fellowship will be paid only to full-time residential students, and for a maximum period of four years.No extension of fellowship is provided.
• SPJIMR:  FPM at SPJIMR is a fully-funded programme. Every scholar admitted to the programme will receive a 100 percent scholarship for the entire duration of their FPM journey. Apart from this, to enable the participants to take care of their basic needs during their research journey, SPJIMR also provides a monthly stipend as below:
• During the coursework phase: INR 40,000 per month
• Post clearing the qualifying exam: INR 42,000 per month
• Post successful defence of proposal: INR 45,000 per month
• MDI Gurgaon:  At MDI, Tuition Fee is waived off. FPM scholarship is given for maximum four years for non MBA students and three years for MBA students. For first two years, scholarship will be Rs. 24000/month and for remaining duration it will be Rs. 26000/month. In addition, a contingency grant shall also be given to FPM students to support their field work, purchase of books, etc. 

Phd in Management Admission in India: Important Dates In most MBA Colleges, PhD in Management Admission process starts 6-8 months before the program begins in June/July/August. Let’s check the admission process of a few institutions.

XLRI FPM Admissions Process Candidates can apply for admission to XLRI FPM through ONE of the following routes:

• XAT:  Appear in the Xavier Aptitude Test (XAT) that is conducted by XLRI all over India in first week of January every year.
• Other Entrance Tests:  Candidate can submit the scores obtained in the latest UGC-JRF/NET, or the GMAT, or the GRE, or the GATE.
• MBA/PGDM from premier B-schools:  Candidates with two-year full time PGDM/ MBA from premier B-schools like XLRI, any of the IIMs, FMS Delhi, MDI Gurgaon, XIMB, IRMA, SPJIMR, TISS, ISI or the school/department of management of an IIT with a CQPI of at least 6 on a scale of 8, or equivalent can apply directly.

IIT Bombay PhD Admission Process IIT Bombay accepts applications for Ph.D. Programme round the year. However, they are processed twice a year i.e. Autumn Semester (July session) and Spring Semester (January session). After applying for the program, shortlisted applicants called for a Written Test followed by an Interview. The written test is based on aptitude test. Candidates applying to SJMSOM are required to submit a sample of their recently published writings on relevant topics or a 1500 word proposal on proposed area of research.

IIT Delhi PhD Admission Process Although Phd in management in Delhi is offered by many top MBA colleges including IIM Rohtak, IIFT, FMS Delhi, however IIT Delhi is one of the prominent institutions to offer Ph.D. in Management in Delhi.

Normally, Ph.D. programmes at IIT Delhi are advertised in the month of March and October each year, and admissions are carried out in the months of May and December. Further, admission to the Ph.D programme is possible any time of the year with the application being processed and candidates interviewed by the respective DRC/CRC/SRC. Ph.D. scholars can join the Institute at any time of the year, though the course registration will be possible only at the beginning of the subsequent semester.

PhD Placements in India The majority of PhD students join academics to teach at a B-school. Some also join policy think tanks and industry bodies.

Sharing information about its PhD Placements, IIM Kozhikode says, “We see Fellow Programme in Management as a crucial source of management researchers and faculty resources of top quality for academic institutions, industry, business, government and society. Our graduated fellows have become faculty members in many prestigious National Institutes. IIM Kozhikode PhD in Management students have received job offers from following leading institutions:

• Indian Institute of Management (IIM) Indore
• Indian Institute of Management (IIM) Trichy
• Indian Institute of Technology (IIT) Madras
• National Institute of Industrial Engineering (NITIE), Mumbai
• Loughborough University, United Kingdom
• Durham University Business School, United Kingdom
• University of New Brunswick, Canada
• Strathclyde Business School, United Kingdom
• Middlesex University, Dubai
• University College of London
• University of St. Gallen
• Xavier School of Management (XLRI), Jamshedpur

IIM Kozhikode says its students who opted for non-academic jobs, have received offers in prestigious positions from reputed corporate organizations, such as:

• Analytics expert, HDFC Mutual Funds
• Lead, Chief Technology Officer Research Team, WIPRO
• Dy. Manager (Systems), SBI

Hope this special article by MBAUniverse.com is useful in providing information about PhD and FPM program in India. The article will be frequently updated, so book mark the page.

Copyright © MBAUniverse.com

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Abhyuday University, Khargone

• Fees : ₹ 2.40 Lakhs

Acharya Institute of Technology, Bangalore (AIT Bangalore ) - Acharya Institute of Technology, Bangalore

• Ph.D ( 1 Course )

Acharya Narendra Deva University of Agriculture and Technology, Faizabad

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Adaikalamatha College, Thanjavur

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Adaikalamatha Institute of Management, Thanjavur

Adesh university, bathinda.

• MBA ( 2 Courses )

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• P.G.D.M ( 1 Course )

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• Executive MBA ( 2 Courses )

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Aj institute of management, mangalore, filter by exam, ajk college of arts and science, coimbatore.

• B.B.A ( 2 Courses )

Akal College of Economics Commerce and Management, Sirmour

• Fees : ₹ 4.27 Lakhs

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• MBA ( 10 Courses )

Alagappa Institute of Management, Karaikudi

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Al Ameen Degree College, Bangalore

Aliah university, kolkata, amu aligarh - aligarh muslim university, aligarh.

• MBA ( 8 Courses )

Alkesh Dinesh Mody Institute for Financial and Management Studies, Mumbai

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• Ph.D ( 4 Courses )

Allana Institute of Management Studies, Mumbai

• Fees : ₹ 8.75 Lakhs
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Alliance School of Business, Bangalore

• Fees : ₹ 3.50 Lakhs

Alwar Institute of Engineering and Technology, Alwar

Filter by study mode, amc engineering college, bangalore, amity business school, gwalior, amity college of commerce and finance, noida, aibs noida - amity international business school, noida.

• Fees : ₹ 3 Lakhs
• B.B.A ( 11 Courses )

Amity School of Fashion Technology, Noida

Amity university, greater noida campus, amity university gurgaon - amity university, gurugram.

• Fees : ₹ 1.68 Lakhs
• Ph.D ( 3 Courses )
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Amity University, Gwalior

• Fees : ₹ 1.92 Lakhs

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• B.B.A ( 4 Courses )

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• MBA ( 7 Courses )

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• B.B.A ( 3 Courses )

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• MBA ( 3 Courses )

Amity University, Ranchi

• Fees : ₹ 2.70 Lakhs

Amrita School of Business, Amritapuri

• Fees : ₹ 1.80 Lakhs

Amrita School of Business, Bangalore

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• Ph.D ( 6 Courses )

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Message from the Chairperson

The doctoral programme in management at iim ahmedabad (iima), one of the country's first doctoral programmes in management, remains the first choice for students interested in pursuing a career in management in india. iima aspires to be a leading school in management research. to that end, we seek researchers with the potential to become global knowledge creators and research leaders in methodology and practice. the emphasis is on knowledge creation and knowledge expansion. our doctoral students are expected to demonstrate independent research thinking by publishing in prestigious academic journals and giving scholarly presentations on their work. we encourage and support collaborative research with faculty from other universities. we encourage students to join academic, research, and professional networks as early in their careers as possible. the iima doctoral programme offers specializations in agriculture, economics, finance and accounting, human resource management, information systems, innovation and management in education, marketing, organizational behaviour, operations & decision sciences, public systems, and strategy. we strongly encourage multidisciplinary research. we have excellent research facilities, including a library with an impressive collection of management literature, journals, and databases. we provide high-performance computing capability, subject-specific research centres, fellowships, and financial assistance for research and conference attendance. if this excites you, we invite you to apply to the doctoral program and become a member of the iima community., sandip chakrabarti chairperson, ph.d. programme, why ph.d. at iima.

Thinking of doing your Ph.D.? If you have outstanding academic credentials, intellectual curiosity, discipline required for deep and meticulous research then the Ph.D. Programme at IIMA is where you should be. You will acquire a solid foundation within your discipline, exposure to new ideas, and mastery of the tools necessary to engage in research as you investigate in-depth today’s most challenging problems.

Vision of the Programme

The objective of the Ph.D. Programme in Management is to equip students with necessary skills to identify and carry out research on complex issues in a specialized field of management. The programme is strongly committed to preparing thought leaders, both for the academic and corporate world. Graduates of the Ph.D. Programme in Management are placed in world class organizations in teaching, research and consulting positions. A total of 422 doctoral students have graduated from IIMA so far.

The Ph.D. Programme in Management seeks candidates with outstanding academic credentials, intellectual curiosity and discipline needed to make scholarly contributions that advance the frontiers of knowledge. It provides a diverse set of opportunities for interdisciplinary learning and research. The student opts for one of eleven functional/sectoral areas and acquires super specialized theoretical knowledge and mastery of practical aspects of the area.

The small class size allows close interaction with faculty members, who provide the intellectual stimulus and help develop the student's research interests and professional goals. Students generally spend a little over four years to complete their Ph.D. which includes two years of rigorous course work.

Course work in the first year provides a general management overview and develops basic skills for analyzing managerial problems. In the second year, students take advanced Ph.D. level courses in their areas of high levels of specialization. After completing the course work, students have to pass an area comprehensive examination to demonstrate that they have reached a level of proficiency in the area of high levels of specialization.  The Ph.D. dissertation, for the next couple of years, provides them with an opportunity to make original contribution to an area of management or to one of its source disciplines. Students admitted to the Ph.D. Programme receive a comprehensive fellowship that covers all costs and in addition provides a modest living allowance.

The objective of the Ph.D. Programme in Management is to equip students with necessary skills to identify and carry out research on complex issues in a specialized field of management. The programme is strongly committed to preparing thought leaders, both for the academic and corporate world. Graduates of the Ph.D. Programme in Management are placed in world class organizations in teaching, research and consulting positions. A total of 422 doctoral students have graduated from IIMA so far. The Ph.D. Programme in Management seeks candidates with outstanding academic credentials, intellectual curiosity and discipline needed to make scholarly contributions that advance the frontiers of knowledge. It provides a diverse set of opportunities for interdisciplinary learning and research. The student opts for one of eleven functional/sectoral areas and acquires super specialized theoretical knowledge and mastery of practical aspects of the area. The small class size allows close interaction with faculty members, who provide the intellectual stimulus and help develop the student's research interests and professional goals. Students generally spend a little over four years to complete their Ph.D. which includes two years of rigorous course work. Course work in the first year provides a general management overview and develops basic skills for analyzing managerial problems. In the second year, students take advanced Ph.D. level courses in their areas of high levels of specialization. After completing the course work, students have to pass an area comprehensive examination to demonstrate that they have reached a level of proficiency in the area of high levels of specialization. The Ph.D. dissertation, for the next couple of years, provides them with an opportunity to make original contribution to an area of management or to one of its source disciplines. Students admitted to the Ph.D. Programme receive a comprehensive fellowship that covers all costs and in addition provides a modest living allowance.

Announcements, deadline extended to 29 january 2024, for doctoral programme admissions, ph.d. experiences, my two years journey at iim ahmedabad has been very rewarding. professors, here, are very knowledgeable and supportive. there are abundant research opportunities with hundreds of research seminars occurring every year. campus has excellent infrastructure including classes, sports facilities, hostels and the library is probably the best in india with plethora of resources. ph.d. office, library and administration staff is also very friendly and cooperative. apart from academics, there are plenty of avenues to explore cultural and sports interests..

Atul Karwasara Year of Joining: 2018, Area: Strategy

Ph.D. in innovation and management in education is offered only in IIM A across India, and this unique interdisciplinary course of management and education provides ample opportunity to research in the diverse field within the education sector. The option to choose multiple courses from different management sub-disciplines during coursework in the Ph.D. programme at IIM A has helped me broaden my understanding and knowledge about management education and research. Ph.D. programme at IIM A provides a unique platform in terms of the diverse cohort to hone research skills as the mix of qualitative and quantitative researchers help and support each other in mutual and shared learning.

Nirved Kumar Year of Joining: 2020, Area: RJMCEI

My experience with IIM A, till now, can be summarized in three words - rigour, learning, and development. The coursework is vast and intense. I would admit that the first year of coursework has helped me take a quantum leap into the world of academics. The faculty members are extremely supportive and patient. Additionally, there is ample scope, here, to pursue one’s extra-curricular interests. The community is very tightly knit and my batch profile is so diverse that the past one year was peppered with numerous instances of peer learning - academic as well as non-academic.

Lokesh Malviya Year of Joining: 2020, Area: OB

The Ph.D. Programme of the IIMA admits students who have a strong academic background, are highly motivated and who have the intellectual curiosity to undertake original research.

Ph.d. directory.

Tanya Ahuja

Ph.D, II Public Systems Group

Bikalp Chamola

Ph.D, VI Public Systems Group

Santosh Vishwanath Gedam

Ph.D, VII Public Systems Group

Eeshita Dubey

Ph.D, II Ravi J. Matthai Centre For Educational Innovation

Areas of Specialisation

Centre for management in agriculture.

At the IIMA, scholarly investigation of agriculture-related management builds on experience that goes back nearly 60 years and touches all aspects.

Communication

Communication - concise, direct, clear, and compelling - is the heart of management.

Teaching and research that span the worlds of economic theory and practice.

Finance and Accounting

Teaching that is a credit to the institution, research that yields a wealth of knowledge.

Human Resources Management

Teaching and investigating all aspects of human resource development, human resource management, industrial psychology and labour relations.

Information Systems

Exploring the interface between ever-advancing information systems and organisaional operations.

Teaching the power of persuasion. Researching new theories or real-life problems.

Operations and Decision Sciences

Teaching and research about how to get the facts, understand them and make optimum use of them.

Organisational Behaviour

Teaching and researching ways to increase the value of the human capital in an organisation.

Public Systems Group

Teaching and researching concepts and skills for effective management of public systems and democratic policy making.

Ravi J. Matthai Centre For Educational Innovation

Innovating, inspiring and influencing the management of education systems in India through teaching and research.

Focusing on organizational strategy and the functions of the chief executive.

What is Ph.D. Programme in Management?

Ph.D. Programme in Management at IIMA consists of 11 different areas of high levels of specialization of Management. It prepares students to pursue a career, which requires high scholastic aptitude and academic research. The programme is primarily designed to help students seek research careers in academia or elsewhere.

Where can I get more information about the Ph.D. Program in Management?

Ph.D. Programmes Office Indian Institute of Management, Vastrapur, Ahmedabad 380 015 Tel +91-79-7152 4640/41

What is the average completing time for the Ph.D. Programme in Management?

The average completion time is between four to five years.

Is it possible to complete the Ph.D. programme on a part-time basis?

No. However, a student may seek employment at the end of four and a half years with the concurrence of his / her thesis advisory committee and Ph.D. Programme Chair.

Who should apply? What are the typical backgrounds of Ph.D. students?

Ph.D. programme looks for highly motivated students interested in pursuing research careers in high levels of specialization requiring high scholastic aptitude. Typical students have varied backgrounds. Please follow the link to know about backgrounds of current students.

What are the qualities which IIMA is looking for in applicants to the program?

The Programme looks for highly motivated and disciplined candidates with strong academic preparation who exhibit curiosity, desire to learn, and have an inclination towards high levels of specialized research.

How will I sustain myself for 4-5 years, if I have a family?

IIMA provides sufficient fellowship (including fees, boarding, lodging and stipend) for five years to doctoral students. Please refer later section for details.

Does it help to have an MBA degree before entering the Ph.D. program?

Not really. From the first year itself the student takes Ph.D. level courses alongwith some PGP courses as recommended by his/her Academic Adviser. Hence, a student coming from non-management background is equally placed with those having a management background. Please check the area pages in the Ph.D. Prgramme in Management Brochure for specific requirements. For example, P&QM area encourages students who have a quantitative training from various disciplines to apply for their programme. Similarly, students with a background in Psychology may find the work done in the Organizational Behaviour useful.

How do I apply? What is the process of admission to the programme? Where can I get the forms? Can I apply online?

Application form can be filled-in online. Application fee of Rs. 500/- can be paid through IIMA payment gateway. Candidates have to attach copies of academic certificates/testimonials and qualifying examination score card along with the application. The qualifying exams are: Scores on standardized tests ( CAT / GATE / UGC JRF / GMAT / GRE / ICAR-SRF)

What are the important deadlines?

Last Date for Ph.D. Programme Application: January 17, 2023 Interview dates (Tentative) - March/April, 2023, Joining dates – May/June 2023

What is the purpose of the interview? What is expected at the interview for IIMA? Does it help if I come prepared with a research proposal?

The purpose of the interview is to gauge the academic preparation of the candidate for her/his chosen high level of specialized area in the programme. It also gives the candidate an opportunity to find out if the programme meets the requirements of the student. The student is not expected to have prepared any research proposal. In addition to interview, some of the Areas may conduct written test.

Does the programme accept international students?

Yes, the programme accepts international students. The eligibility requirements are the same as for domestic students. Please write to us specifically for details on the admission process and fees.

How selective is IIMA? What are my chances of getting admitted? How many students are admitted each year?

The selection process is very rigorous and involves four levels of screening and interviews. The number of seats are not fixed for the programme and depend upon the calibre of the applicant who goes through a fair and rigorous selection process.

Do you have an option of doing high level of specialized inter-disciplinary research?

Yes. You could specify this at the time of application. However, you will be housed in one area of specialization. You could take courses on highly specialized areas of study from a variety of areas and choose your thesis topic that cuts across disciplines.

Is the courses work at IIMA very difficult?

The institute expects high levels of specialized academic rigour and integrity. It has stringent requirements at specified stages of the programme, and there are fair and open processes to check that each student passes these at every stage of the programme. The candidates who are unable to meet these requirements are asked to leave the programme without any prejudice. The process of natural justice is followed in each such case.

What are the important stages in the Ph.D. program?

The key stages are

1. First year coursework (Ph.D. Programme Compulsory courses, Area Ph.D. Courses and some recommended PGP course/s),

2. Second year coursework in area of high levels of specialization,

3. Area comprehensive examination,

4. Thesis Proposal defense,

5. Thesis seminar,

6. Thesis defense

How much flexibility exists in the Ph.D. program? Can I change my area of research during my stay at IIMA?

IIMA Ph.D. programme offers a mix of flexibility and rigidity to the students. Students are allowed to change their chosen area of specialized work during the first year at IIMA, if they fulfil specified criteria. Specific deadlines for doing so are provided in the Ph.D. Programme Manual. IIMA offers high degree of flexibility in choosing areas of research. However a student is required to complete his/her area comprehensive exam by beginning of third year and thesis proposal defense within 9 months of the completion of area comprehensive examination. Details are available in the Ph.D. Programme manual.

How do I choose my research topic?

A research topic requires interest and motivation of student and availability of a suitable guide interested in the area of high level of specialization. Each Ph.D. student forms a Thesis Advisory Committee with whom the student has to work towards her/his thesis.

Are Ph.D. students required to teach?

What support is available for presenting research papers in indian and international conferences.

IIMA offers full support for attending up to 4 domestic conferences during the course of the programme. Competitive Travel Grants are available for attending international conferences as per the prevailing policy.

How do I find a job, after completing my Ph.D. studies?

Jobs depend on a student's competence and high level of specialization achieved during the programme. There are recruiters coming to the campus, faculty advisors provide references, and also through other informal/formal channels.

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• DOCTORAL PROGRAMME
• All courses

DOCTORAL PROGRAMME – UNIVERSITY OF MADRAS

Admission for Ph.D Program Affiliated to the University of Madras.

Candidates who are interested in joining full time / Part time Ph.D programme with Loyola Institute of Business Administration, can go to the following link and register with the University of Madras. https://exam.unom.ac.in/phd/frmindex  through online.

The filled in application has to be submitted to LIBA on or before 1st July 2023The selection committee will scrutinise the applications and the candidates will be called for a written test and an interview.

PROGRAMME OVERVIEW

Since 2005 LIBA has been supervising theses leading to Ph.D. Degree in Business Administration. The PhD Degree programme is affiliated to the University of Madras , Chennai. The Ph.D. programme is offered in disciplines such as marketing, finance, economics, systems, human resource management, decision sciences, operations management and supply chain management and other areas related to management and allied areas of research. The Institute offers Full Time as well as Part Time Ph.D. Programmes.

• To provide PhD Scholars with supervision of high standard for theses that focus on relevant and innovative areas of research.
• To accompany the PhD Scholars in their formation to become expert in their fields of research.
• To promote an ecosystem of research and publication in the institute.

Dr. Shanthi Venkatesh

Dr. Aiswarya

Dr.Deepa Ittimani Tholath

Dr. Madhava Priya D

Research Student

In submission.

Ph. D degree has been awarded to the following scholars  

1. Sharon Sophia – July 1, 2011

2. Vandana Zachariah – July 12, 2012

3. D. Madhava Priya – January 8, 2014

4. Mary Sheila Susairaj – March 12, 2014

5. Thomas J. Menachery – March 24, 2014

6. A. Maria Augustine Sunderraj – March 26, 2014

7. S. Arockiasmay – July 22, 2015

8. R. Maria Anne – November 12, 2015

9. Ameeta Lynette C Fernanda – December 10, 2015

10. Srikanth – December 18, 2015

11. J. Naveena Nesa Kumari – April 4, 2016

12. S. James – May 14, 2016

13. R. Sunita – 23 June, 2017

14. A. Irudaya Veni Mary – 5 Sep, 2017

15. Renu Isidore – 21 Dec, 2017

16. Sangeetha Vasudevan – March, 2019

17. M. Rammyaa – August, 2019

18.  Anu Raj

19. V Aparna

20. T Shalini

21. Khadeeja Bilquees A

22. Sowmiya M

23. Sudha Paulin M

Candidates who have submitted the thesis and waiting for the Results

1. Rehema khalfan

Scholars Pursuing Research as on 07.07.2021

Course Features

• Duration 3 hours
• Skill level All level
• Language English
• Assessments Yes

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• PhD Colleges in India 2024

Top PhD Colleges in India 2024

India is home to some of the best Ph.D colleges which offer the degree in various disciplines such as management, science, arts and humanities, engineering, information technology etc. Ph.D is one of the most versatile courses and there are different streams that you can look at while planning to attain a Ph.D. degree . To get into one of the top Ph.D colleges in India, one has to appear in different Ph.D entrance exams which are course/ field specific. Given below is the detailed information about top PhD colleges in India, fee structure, eligibility and other important information.

The PhD colleges in India are approved either by AICTE, UGC or NAAC. The admission process may vary from college to college. Some of the popular Ph.D colleges in India are IITs, IIMs, Delhi University, and private universities like O.P. Jindal Global University, Amity University, Lovely Professional University and others. Apart from Ph.D courses, these colleges offer UG, PG, diploma and M . Phil courses as well. For PhD admissions in India, you can appear in entrance exams such as UGC NET, JRF, GATE, etc. The requirement for appearing in an entrance exam will depend upon the field or stream of PhD study and choice of the college. Most of the PhD colleges in India offer hostel facility for both male and female students as the completion of the entire research may take years. Apart from regular PhD courses, many universities in India also offer part-time PhD courses which can be pursued alongside taking up industry jobs.

The students can opt for them as per their convenience. There are many job profiles available for scholars after completing their PhD course or fellowship. From professors to research scientists, there are many career options available for PhD degree holders. The number of seats for each course and the selection criteria is also given in detail in the respective colleges listed below. The best PhD colleges in India assure great placement opportunities for the students. Go through the details to find out the facilities each campus offers.

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• Ph.D. (Doctor of Philosophy)

Showing 1199 PhD Colleges in India

Iim ahmedabad.

10.0 - 27 Lacs Fees

EQUIS Accredition

33.4 Lacs Avg Package

• Shortlisted by  2456+  students
• Fees and Courses (6)
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20 K - 8.1 Lacs Fees

NAAC Accredition

1.25 Crore Avg Package

IIT JAM Exams

• Shortlisted by  2791+  students
• Fees and Courses (123)

NIT Surathkal

15 K - 1.25 Lacs Fees

AICTE Accredition

13.1 Lacs Avg Package

• Shortlisted by  768+  students
• Fees and Courses (59)

IIM Bangalore

9.8 - 25.9 Lacs Fees

• Shortlisted by  1433+  students
• Fees and Courses (13)

15 K - 10 Lacs Fees

21.8 Lacs Avg Package

• Shortlisted by  1750+  students
• Fees and Courses (101)

JIPMER Puducherry

13 - 75 K Fees

Medical Co Accredition

• Shortlisted by  1093+  students
• Fees and Courses (89)

6000 - 8 Lacs Fees

CSIR NET Exams

• Shortlisted by  1259+  students
• Fees and Courses (94)

IIM Kozhikode

3.5 - 20.5 Lacs Fees

AMBA Accredition

23.1 Lacs Avg Package

UGC NET Exams

• Shortlisted by  142+  students
• Fees and Courses (14)

United World Institute Of Design

5.0 - 22 Lacs Fees

UGC Accredition

12 Lacs Avg Package

• Shortlisted by  12703+  students

IIT Roorkee

8980 - 2 Lacs Fees

• Shortlisted by  1375+  students
• Fees and Courses (112)
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NLSIU Bangalore

16 K - 6.65 Lacs Fees

BCI Accredition

• Shortlisted by  1610+  students
• Fees and Courses (16)

Loyola College

22.2 K - 3.24 Lacs Fees

5.25 Lacs Avg Package

TANCET Exams

• Shortlisted by  6317+  students
• Fees and Courses (86)

IIM Calcutta

2.6 - 31 Lacs Fees

30.9 Lacs Avg Package

• Shortlisted by  666+  students
• Fees and Courses (34)

20 K - 7.9 Lacs Fees

Bar Counci Accredition

7 Lacs Avg Package

CBSE 12th Exams

• Shortlisted by  382534+  students
• Fees and Courses (396)

Amity University, Lucknow

27 K - 6.54 Lacs Fees

6 Lacs Avg Package

• Shortlisted by  174039+  students
• Fees and Courses (145)

NIMHANS Bangalore

9480 - 1.56 Lacs Fees

• Shortlisted by  71+  students
• Fees and Courses (27)

25 K - 2.01 Lacs Fees

• Shortlisted by  79+  students
• Fees and Courses (7)

The IIS University

6000 - 3.47 Lacs Fees

MHRD Accredition

• Shortlisted by  25052+  students
• Fees and Courses (244)

IIT Hyderabad

10 K - 8 Lacs Fees

20.1 Lacs Avg Package

UCEED Exams

• Shortlisted by  552+  students
• Fees and Courses (63)

PAU Ludhiana

38.4 K - 7.27 Lacs Fees

3.96 Lacs Avg Package

JNU CEEB Exams

• Shortlisted by  362+  students
• Fees and Courses (54)

Sanskriti University Mathura

30 K - 1.7 Lacs Fees

4.5 Lacs Avg Package

• Shortlisted by  80509+  students
• Fees and Courses (102)

The ICFAI University, Dehradun

30 K - 2.58 Lacs Fees

6.33 Lacs Avg Package

• Shortlisted by  56252+  students
• Fees and Courses (46)

13.2 K - 6.25 Lacs Fees

• Shortlisted by  2780+  students
• Fees and Courses (55)

1.7 - 12.5 Lacs Fees

25.5 Lacs Avg Package

• Shortlisted by  302+  students

NIMS University

20 K - 9 Lacs Fees

Rajasthan BSTC Exams

• Shortlisted by  85602+  students
• Fees and Courses (523)

NLU Hyderabad

30 K - 8 Lacs Fees

• Shortlisted by  577+  students

SGPIMS Lucknow

27 K - 2.2 Lacs Fees

Other Accredition

16 Lacs Avg Package

• Shortlisted by  214+  students
• Fees and Courses (49)

NIPER Mohali

94.7 K - 1.54 Lacs Fees

PCI Accredition

• Shortlisted by  255+  students
• Fees and Courses (24)

VIT Vellore

3200 - 14.2 Lacs Fees

9.23 Lacs Avg Package

• Shortlisted by  3056+  students
• Fees and Courses (105)

NLU Kolkata

10 K - 3.66 Lacs Fees

• Shortlisted by  112+  students
• Fees and Courses (9)

Degree Specializations

• PhD Law Colleges in India
• PhD Physics Colleges in India
• Ph.D Electrical Engineering Colleges in India
• PhD Management Colleges in India
• PhD Mechanical Engineering Colleges in India
• PhD Computer Science Colleges in India
• PhD Electronics and Communication Colleges in India
• PhD Mathematics Colleges in India

PhD Colleges in States

• Ph.D Colleges in Delhi
• Ph.D Colleges in Karnataka
• Ph.D Colleges in Maharashtra
• Ph.D Colleges in Tamil Nadu
• Ph.D Colleges in Gujarat
• PhD Colleges in Punjab
• PhD Colleges in Uttar Pradesh
• PhD Colleges in Rajasthan
• PhD Colleges in Haryana

PhD Colleges in Cities

• Ph.D Colleges in Hyderabad
• Ph.D Colleges in Bangalore
• Ph.D Colleges in Chennai
• PhD Colleges in Mumbai

Related Exams

Colleges by popular streams.

• Engineering Colleges in India
• Arts Colleges in India
• Science Colleges in India
• MBA Colleges in India
• Education Colleges in India
• IT Colleges in India
• Commerce / Banking Colleges in India
• Medical Colleges in India
• Pharmacy Colleges in India
• Paramedical Colleges in India
• Nursing Colleges in India
• Hospitality / Aviation Colleges in India
• Design Colleges in India
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• Law / Humanities Colleges in India
• Mass Communication Colleges in India

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Doing A PhD After MBA: Universities, Programs, Benefits

• Updated on  
• Jun 3, 2024

Higher studies often encompass the decision of pursuing a bachelor’s, master’s and then, if you feel like delving deeper into your chosen field, a doctorate degree.

When it comes to the vast domain of commerce, a PhD is commonly chosen by those wanting to explore the academic arena. Working professionals don’t usually opt for a PhD given the extensive amount of time it demands and also because it has more academic use.

So, if you have recently completed your Master of Business Administration, choosing a PhD might require some thinking to finally arrive at the right decision. This blog aims to elaborate on what a PhD after MBA entails and how it can advance you further in your career journey.

This Blog Includes:

Phd after mba in india, benefits of phd after mba, top phd programs after mba, eligibility, phd after mba abroad – admission process & entrance exams , phd after distance mba, phd after mba in finance, top universities for phd after mba abroad, top countries to study phd after mba, career scope & employment sectors.

Want to pursue PhD after MBA in India? There are colossal benefits of PhD after an MBA that can equip you with a competitive edge in the management and business world as well as the research and professional exposure you need to aim for high-salary managerial profiles in India and abroad.

Here’s what you need to know about PhD after MBA in India:

• Eligibility : You must have completed a 2-year MBA degree to apply for PhD in India along with qualifying for UGC-NET or GATE exam to gain admission at top business schools and universities in India.
• Duration : In India, you can complete your PhD after MBA in 3-5 years depending upon the program and university.
• Requirements : For PhD after MBA in India, you must have GATE/ UGC-NET / CSIR-NET scores, a research proposal ready along with letters of recommendation and optional work experience to increase your chances of admission.
• PhD in Management
• PhD in Organizational Behaviour/Management
• PhD in Behavioural Finance
• PhD in Applied Statistics
• PhD in Information Technology/Data Analytics
• PhD in Market Analysis and Research
• Faculty of Management Studies, University of Delhi
• Benaras Hindu University
• Indian Institutes of Management Studies (IIMs)
• Indian Institutes of Technology (IITs)
• National Institute of Management, Calcutta

Also Read: PhD Scholarships in India

As the highest academic degree in theoretical disciplines, a PhD or Doctorate of Philosophy is perfect for those seeking a greater depth of knowledge in a specific area of interest. Going for a PhD after MBA can be beneficial for a plethora of reasons, some of which are given in a rundown below:

• Get a Competitive Edge over MBA
• Master Research Skills and Methodologies
• Inclination Towards Academic Arena
• Chance to Become a Professor
• Become an Academician at Business School

Also Read: Research Institutes in India

The average duration of PhD after MBA is approximately 5-7 years where the 1st year is more theoretical but from the beginning of the second year, you can pick specializations as per your choice. In Business and Management, there is an array of specialised PhD courses that one can choose from. Here are the top specialisations to pursue PhD after MBA:

• PhD in Entrepreneurship
• PhD in Commerce
• PhD in Accounting
• PhD in Economics
• PhD in Commercial Law
• PhD in Human Resource Management
• PhD in Operational Research
• PhD in Marketing
• PhD in Healthcare and Management
• PhD in Organizational Behaviour
• PhD in Finance
• PhD in Chemistry
• PhD in Computer Science
• PhD in Engineering
• PhD in Political Science
• PhD in Education
• PhD in Statistics
• PhD in Psychology

Though the specific prerequisites might vary from one university to another, there are some general criteria for PhD after MBA or any other postgraduate program that every candidate needs to fulfil.

The primary requirement is that of a master’s degree in the related discipline (from a recognised institution) in which one is applying for a doctoral degree, if you are applying for a PhD in Business Administration, you need to have completed a postgraduate course like, MBA, MIM, amongst others.

Along with these, you will be required to submit the following documents:

• GATE/CSIR-NET/UGC-NET Scores for Indian universities
• Research Proposal
• Letters of Recommendation (Academic and/or Professional)
• GRE, English proficiency test scores such as IELTS , TOEFL , etc. and SOP and LOR s to apply for PhD after MBA abroad
• An Updated Resume or CV
• Academic Transcripts

Also Read: Part Time PhD

If you are planning to pursue PhD after MBA from abroad then the following points will guide you through the application process and entrance exams: 

• The application process for global universities is very different from Indian universities. You don’t have to give any entrance exam to pursue a PhD after MBA from abroad, rather, you need to submit a GMAT / GRE score. 
• LORs, SOPs and previous projects and research work matter a lot when you are looking to pursue PhD abroad. They make your profile strong and increase the chances of getting selected. 
• Most universities have a 3-5% acceptance rate for PhD programs. Thus, it is essential to make your application strong, if you need any help regarding the same, get in touch with Leverage Edu experts.
• The PhD curriculum more or less remains the same, you need to work on your thesis and submit it in the provided duration to complete your PhD after MBA.

Also Read: How to Get PhD Funding?

Yes, it is possible to apply for PhD after distance MBA but if you are aiming for a doctoral course, you must pursue your MBA from a UGC-accredited university or college. To apply for a PhD after a Distance MBA, you must be able to provide valid transcripts as well as mark sheets from your MBA thus it is essential to check the certification of the institution before studying for an MBA.

MBA in Finance professionals often opts for a PhD to pursue a career in research or academia. Finance is one of the most popular specialisations for PhD after MBA and students can choose from various subjects like Financial Management, Financial Analysis, Financial Modelling, etc. To pursue PhD in Finance in India, you will have to qualify for UGC NET , NMIMS or NIPER JEE while you will have to qualify GRE for universities abroad. Let’s take a look at the universities for PhD after MBA in Finance:

• Indian Institute of Foreign Trade , New Delhi
• National Institute of Technology, Silchar
• Department of Management Studies-IIT Madras
• Alliance School of Business, Bangalore
• Ahmedabad University
• Shailesh J. Mehta School of Management

Here are the major careers for PhD after MBA in Finance:

• Statistician
• Financial Analyst
• Chartered Financial Analyst
• Stock Broker
• Budget Analyst
• Financial Researcher

Numerous renowned business schools and universities across the globe offer specialised PhD programs in varied fields of Business, Commerce and Management. To help you further in your research, we have listed down some of the major academic institutions that are internationally popular for their offered specialised courses for those aspiring to pursue a PhD after MBA:

Many study destinations like the UK, USA, Australia and Canada are renowned for their research doctoral courses so selecting the right country to study PhD is an important decision you must carefully take. Let’s take a look at the top countries to study PhD after MBA and their popular research universities:

PhD after MBA in the UK

Here are the major universities to study PhD in the UK:

• University of Bradford
• SOAS University of London
• Cardiff Metropolitan University
• University of Birmingham
• Queen’s University Belfast
• University of Kent
• Hult International Business School

Also Read: PhD Scholarships in the UK

PhD after MBA in the USA

Popular for its STEM courses as well as top-ranked business schools, the top universities for PhD in the USA are:

• Harvard University
• Stanford University
• University of California, Berkeley
• University of Columbia
• University of Wisconsin
• Cornell University
• Kellogg School of Management

PhD after MBA in Canada

Canada is another renowned destination for PhD programs and offers a plethora of specialisations in business and management. Here are the popular universities for PhD in Canada :

• University of Toronto
• University of British Columbia
• McGill University
• McMaster University
• University of Montreal
• University of Alberta
• University of Ottawa
• University of Calgary

Also Read: PhD in Canada with Scholarship

PhD after MBA in Australia

The land of Kiwis is internationally lauded for its focus on research education and high-ranked entrepreneurial programs. Check out the top universities for PhD in Australia :

• The University of Queensland  
• The University of Western Australia  
• University of Wollongong 
• Queensland University of Technology  
• Swinburne University of Technology  
• University of Tasmania 
• University of Sydney

PhD after MBA in New Zealand

If you are looking for affordable PhD courses after completing MBA, New Zealand is the best place for you. Take a look at the popular universities for PhD in New Zealand :

• The University of Otago
• University of Canterbury
• Lincoln University
• The University of Auckland
• Victoria University of Wellington

Adding the renowned academic degree of PhD to your list of qualifications, there are a plethora of career opportunities awaiting you. Since a doctoral degree in business-related disciplines provides you with an insightful acumen into the commercial arena, you will be equipped with the knowledge of data analysis and business trends and organisational problems.

Further, you will be skilled with research methods such as econometrics, experimental methods, field studies, modelling etc. So, with a PhD after MBA, you will not only be a perfect candidate for academic profiles but you can also explore plentiful prospects in the corporate world.

Here are the top job profiles you can explore after pursuing PhD after MBA:

• Research Analyst
• Business Analyst
• Management Consultant
• Business Development Consultant
• Entrepreneur
• Professor /Lecturer
• Academician
• Chief Financial Officer (CFO)
• Chief Executive Officer (CEO)

The salary of PhD after MBA in India is somewhere between INR 7 Lakhs to 17 Lakhs per annum depending upon whether you work in the corporate sector or explore the academic domain working as a lecturer or academician.

We have elucidated upon the major employment sector for graduates with a PhD in Management and Commerce-related specialisations below:

Also Read: Branches of Chemistry

Anyone with an MBA degree can pursue a PhD. In fact, it’s a good idea to do PhD after MBA if you are interested in exploring the arena of academics or research and you can also pursue opportunities in consulting firms in the corporate sector. Also, the top B-Schools such as Columbia University, Yale University, Harvard University, INSEAD, and London Business School have most professors with a PhD degree. So, if you aim to teach at top business schools in the world, pursuing PhD after MBA is indeed a good decision.

The exact duration of PhD depends on the specialization as well as the university, the fact whether it’s part-time or full-time, and other factors. Doing a PhD after MBA usually takes 4-5 years but relying upon varied factors, be it your chosen course or institution, it can take less than 3 years and as long as 7-8 years to complete.

Yes. You can do a PhD in Psychology after MBA. However, you will need 55% marks in your MBA discipline to qualify for a PhD in Psychology after MBA.

A PhD in Business is often referred to as a DBA (Doctor of Business Administration) which is usually considered as the sequel of the MBA and is the highest form of management degree. Pursuing a doctorate in Business or its related specializations would provide you with an enhanced insight into the commercial arena after which you can target higher-level career profiles ranging from a business analyst to a consultant or you can pursue academic positions which is another beneficial route to take.

The essential prerequisite for a PhD is to have a master’s degree along with the minimum marks specified by the academic institution you are applying for. With an MBA, you are eligible to pursue a PhD in commerce-related disciplines while opting for a doctorate in other domains might depend on the criteria provided by the particular university.

The answer to this question is explained well in the points given below: 1. Yes, you can do PhD after a distance MBA 2. Your degree must be from a UGC-recognized institution 3. The application process remains the same as for the regular degree holders 4. Make sure you meet all the eligibility requirements 5. Some universities prefer candidates with regular MBA degrees.

Related Reads

Going for a PhD after MBA will equip you with one of the best educational combinations in the world. It might not be the easiest of programs to pursue but the benefits are going to be fruitful for your professional journey.

If you are planning to pursue a doctoral degree and don’t know how to go about it, sign up for a 30-minute career counselling session with our experienced team of mentors and experts at Leverage Edu and we’ll guide through the process of choosing the right PhD program and university that fits your interests and aspirations and can provide you with extensive exposure and opportunities to soar ahead in your career.

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14 comments

I like your article great content. Thank you

Hi Akash, we are glad to know that you liked our blog. If you need any further assistance regarding the admission process to any PhD course abroad, get in touch with our experts and we will help you build an awesome career.

Great post.

We are glad to know that you liked our work! Don’t forget to share it with your friends who are looking for PhD courses after MBA.

I have done MBA. My specialization is marketing (major) & human resource(minor).I want to know which specialization should I choose for PhD or Can I choose other specialization like social work, political science,etc.

Hi Abhishek, to know which PhD specialization would suit you the best, reach out to our experts at – 88262 00293. You can also register for a free career counselling here – https://leverageedu.com/admissions/study-abroad-admission/ .

Nice blog thanks for sharing.

Hi Thomas, thanks for your feedback! Check out our blog on PhD entrance exams to know more about the ways for pursuing this course – https://leverageedu.com/blog/phd-entrance-exams/ .

Very good article. In my opinion, having a PhD will make you more likely to earn a higher salary over someone with just a Master’s degree. Nowadays more professionals are doing PhD research programs for a better career.

Thank you for the feedback and for sharing your opinion, Rohan!

Thank you very much for your elaboration on Ph.D. after MBA. I would like to know which specializations are available here in the USA.. Thank you.

Hi George, To know about the specializations of your choice, get in contact with our experts at 1800572000.

Hello I’m Amir I done MBA 3.5year and I want to study PhD directly after MBA can u guide me forther I continue which subjects

Hi Amir, To get our profile evaluated for pursuing a PhD after MBA, give us a call on 1800572000 and our experts will guide you about the same.

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An MBA is one of the most sought-after postgraduate courses worldwide. For many professionals, getting an MBA seems like the next logical step in advancing their careers. The benefits of an MBA are applicable regardless of your industry. Top MBA colleges in India include not only 22 IIMs but also many other prominent top management colleges in India. However, some may wonder if pursuing an MBA is worth it, given the commitment and expense involved. In this blog, we have listed the best MBA Colleges in India, including their Tuition fees, average and highest placements and batch size. The MBA Colleges have been categorized according to their relative importance.

For example, the colleges mentioned in Category 1 are the premier MBA Colleges of India and may offer lucrative opportunities during and after your MBA degree.

List of Top MBA Colleges in India

There are many MBA colleges in India. Here, we have mentioned the Top B-schools you can aim for, if you are looking for MBA colleges in India.

Top MBA Colleges In India: Category – 1

There are many premier MBA Colleges in India, in this article, we have listed college

1. Indian Institute of Management Ahmedabad (IIMA)

IIM Ahmedabad is considered to be the most Prestigious Management Institution in India. It is known as the Mecca Of Marketing. An MBA degree from IIM Ahmedabad is the most sought-after by many CAT aspirants. The Campus has Iconic architecture, and vast green spaces, inhabited by the world’s liveliest minds, spread over 102 lush acres in the heart of Ahmedabad. IIM Ahmedabad offers Various Programs, and the two-year full-time Post Graduate Programme in Management (PGP) is the flagship MBA programme of IIMA.

• Fees: 25 lakh
• Average Package: 34.36 LPA
• Highest Package: 1.15 CPA
• Batch Size: 455 Students

2. IIM Bangalore

IIM Bangalore was established in the year 1973, it was the third IIM to be established in the country. The institute is considered to be the best MBA College in India for Consulting Industry, with 218 out of 606 offers made by Consulting firms. IIMB has a world-class infrastructure, in the heart of the southern part of Bangalore City. IIM Bangalore offers various Post-graduation programmes, executive education programmes and specialized courses in areas such as entrepreneurship and public policy Particularly known as, Doctor of Philosophy (PhD), ~ 5 years, Full-time; Master of Management Studies (Public Policy), (MMS(PP)), 1 year, Full-time; Master of Business Administration (MBA), 2 years, weekend; Master of Business Administration (MBA), 1 year, Full-time; Master of Business Administration (MBA), 2 years, Full-time; Executive Education Programme (EEP).

• Fees: 24.5 lakh
• Average Package: 35.31 LPA
• Highest Package: 80 LPA
• Batch Size: 512 Students

Also Read: Top MBA Colleges With Best ROI

3. Indian Institute of Management Calcutta (IIMC)

The Indian Institute of Management Calcutta (IIMC) was established as the first national institute for Post-Graduate studies and Research in Management by the Government of India in November 1961. IIM Calcutta is Known as the best MBA College in India for Finance. The main campus of IIM Calcutta, covering 135 acres of area, is located in Joka, on the outskirts of Kolkata. IIM Calcutta offers a two-year full-time MBA, a one-year full-time Post Graduate Diploma(PGPEX-VLM), a one-year full-time MBA for experienced executives(MBAEx), a Doctorate in Business Administration programme, a two-year full-time Post Graduate Diploma in Business Analytics, and a one-year full-time programme in Healthcare Management.

• Fees: 31 lakh
• Average Package: 35.07 LPA
• Highest Package: 1.2 CPA
• Batch Size: 462 Students

4. Indian School of Business, Hyderabad

The Indian School of Business (ISB) is a non-profit business school established in India in the year 2001. It has two parallel campuses in India, in Hyderabad (Telangana) and Mohali (Punjab). Hyderabad Campus is the older Campus, which spreads across 260 acres. The institute is known for its Global Collaborations, Outstanding Faculty, and International Exposure. It offers certificates in various post-graduate management programs.

• Fees: 41.78 lakh
• Average Package: 33.26 LPA
• Highest Package: 66 LPA
• Batch Size: 900

5. XLRI, Jamshedpur

XLRI Jamshedpur is considered to be the Best MBA College in India for the Human Resource Sector. It is the oldest B-school in India, founded in the year 1949. XLRI is also known for its cheerful and jovial college culture. It is also one of the few B-schools that have a well-balanced gender ratio. It offers courses in PGDM(BM), PGDM(HR), PGDM(GM), and various other post-graduate management Programs. Top recruiters visiting XLRI Jamshedpur are Bain & Co., Ericsson Global, Tech Mahindra, Deutsche Bank, Deloitte, and Cognizant, among others.

• Fees: 25.8 lakh
• Average Package: 29.89 LPA
• Highest Package: 75 LPA
• Batch Size: 420

Top MBA Colleges In India: CATEGORY-2

These are the premier B-schools that rank in line with the Top 5 MBA Colleges as mentioned above.

6. Indian Institute of Management Lucknow (IIML)

IIM Lucknow was established in the year 1984, as the 4th prestigious IIM in the country. IIM Lucknow is known for its Flagship PGP program. It is also recognised as an “Institution of Excellence” by India’s Ministry of Human Resource Development. It offers post-graduate diplomas, fellowship and executive programs in management.

• Fees: 20.7 lakh
• Average Package: 32.20 LPA
• Highest Package: 1.23 CPA
• Batch Size: 571 Students

7. Faculty of Management Studies (FMS), University of Delhi, Delhi

Faculty of Management Studies – University of Delhi ( FMS Delhi or The Red Building of Dreams) is a leading business school located in New Delhi, India. It was established in 1954 under the umbrella of the University of Delhi and is often cited as one of the best MBA colleges in India. The MBA program at FMS Delhi is offered at a low fee but the placements offered at the institute are at par with top IIM. FMS offers a full-time MBA, an executive MBA, an executive MBA in health care administration, and doctoral programs.

• Fees: 2 lakh
• Average Package: 34.20 LPA
• Highest Package: 1.23 CR
• Batch Size: 273 Students

8. S.P Jain Institute of Management & Research (SPJIMR), Mumbai

The Shreyans Prasad Jain Institute of Management and Research (SPJIMR) is a private non-profit B-school based in Mumbai, India. Founded in 1981 under the aegis of Bharatiya Vidya Bhavan, The institute offers several full-time and part-time management programs. SPJIMR is situated on a 45-acre campus, in the metropolis of Mumbai. It is one of the oldest MBA colleges in India.

SPJIMR offers several postgraduate full-time programs, such as a 2-year, Post-Graduate Diploma in Management (PGDM), a Full-time doctoral program, and a Fellow Programme in Management (FPM).

Read: SPJIMR Mumbai Placem ent

• Fees: 24 lakh
• Average Package: 33 LPA
• Highest Package: 81 LPA
• Batch Size: 300 Students

TOP MBA COLLEGES IN INDIA: CATEGORY 3

9. indian institute of management kozhikode (iimk).

IIM Kozhikode was set up in 1996 by the Government of India in collaboration with the State Government of Kerala. The Campus of the Indian Institute of Management Kozhikode spreads over 112.5 acres and is situated in the Kunnamangalam Area of the ancient city of Calicut in Kerala. It offers various Academic and Executive Programmes in Management. The Institute is counted among the best MBA colleges in India, especially in Finance Sector.

• Fees: 22.5 lakh
• Average Package: 29.23 LPA
• Highest Package: 67.02 LPA
• Batch Size: 483 Students

10. Indian Institute of Management Indore (IIMI)

Indian Institute of Management Indore (IIM Indore) was established in the year 1996 and is the sixth prestigious institution in the IIM family. It offers post-graduation programs in Post Graduate Programme in Management (PGP); Executive Post Graduate Programme in Management (EPGP); Post Graduate Programme in Human Resource Management (PGP-HRM); Doctoral Programme in Management (DPM); Executive Doctoral Programme in Management (EDPM); Executive Doctoral Programme in Management and Governance (EDPMG).

• Average Package: 25.01 LPA
• Highest Package: 1 CPA
• Batch Size: 578 Students

11. Jamnalal Bajaj Institute of Management Studies (JBIMS), Mumbai

Jamnalal Bajaj Institute of Management Studies was founded in 1965 by the University of Mumbai. JBIMS has been a pioneer in management education and one of the best MBA colleges in India. It is consistently ranked among the top 10 premier B-schools in the country with a legacy spanning over the past 52 years.

The Masters in Management Studies offered at the JBIMS is its flagship course. A two-year, full-time post-graduate MBA course was started in 1965 and since then, has been updated periodically to match the needs of the corporate world. This college has nurtured many prominent leaders, it is also known as the CEO Factory of India. In the second year of this program, specializations are offered, such as Finance, Marketing, Operations, Systems, and Personnel.

• Fees: 6 lakh
• Average Package: 28.02LPA
• Highest Package: 35.75 LPA
• Batch Size: 150 Students

12. Management Development Institute (MDI), Gurugram

Management Development Institute (MDI) is a private business School in Gurgaon, India and is counted among the top private MBA colleges in India. It was established in 1973 by the Industrial Finance Corporation of India and is located in Gurgaon, a commercial hub near the Indian capital of New Delhi. MDI has its own campus spread over 37 acres (150,000 m2) in Gurgaon. MDI has a campus with red brick buildings and trees. The buildings are named Gurukul, Lakshaya, Scholars, Renaissance, Parthenon, etc.

MDI Gurgaon offers various postgraduate diploma programs. These include full-time post-graduate programs in management and part-time programs such as executive programs. It also offers fellowship research programs.

• Fees: 16.7 lakh
• Average Package: 27.67 LPA
• Highest Package: 60 LPA
• Batch Size: 472 Students

13. IIM Mumbai(NITIE)

Indian Institute of Management Mumbai ( IIM Mumbai ) previously recognized as the National Institute of Industrial Engineering, Mumbai (NITIE Mumbai), is a prestigious business school under the Ministry of Education (India), Government of India located in Powai near Vihar Lake in Mumbai and is ranked 7th among B-Schools of India as per NIRF 2023 rankings.

It was established by the Government of India in 1963 with the assistance of the United Nations Development Programme (UNDP) through the International Labour Organization (ILO) to create skilled professionals.

IIM Mumbai offers postgraduate diplomas in various fields of management and industrial engineering. It also offers doctoral-level fellowship programs. It is considered one of the best MBA colleges in India, for the Operation sector. Annually, IIM Mumbai trains over 2000 professionals through its various week-long Management Development Programs (MDPs) and unit-based programs (UBPs) in different areas of Industrial Engineering & Management.

• Fees: 21 lakh
• Average Package: 27.75 LPA
• Highest Package: 78.20 LPA
• Batch Size: 407 Students

14. Indian Institute of Foreign Trade (IIFT), New Delhi

The IIFT Delhi campus is located in the Qutub Institutional Area, overlooking Green Ridge and the historical Qutub Minar. The campus is spread over 6.5 acres of land houses, two academic blocks, and two residential blocks for students and visiting faculty. Over the years, IIFT has emerged as a national university with a focus on International Business Management and Strategy.

It offers courses in MBA(IB): Full-time/ Weekend, MBA (Business Analytics), MBA(IB) Online, Integrated Programme in Management, Executive Programmes (On Campus), and MA (Economics).

• Fees: 21.77 lakh
• Average Package: 29.10 LPA
• Highest Package: 76.5 LPA
• Batch Size: 400 Students

15. Shailesh J. Mehta School of Management (SJMSOM), Indian Institute of Technology Bombay (IITB)

Shailesh J. Mehta School of Management (popularly known as SJMSOM or simply SOM) is a public business school and part of the Indian Institute of Technology Bombay. SJMSOM was established in 1995. In 2000, the school was renamed to Shailesh J. Mehta School of Management, in honor of Dr. Shailesh J. Mehta who is a Mechanical Engineer graduate of IIT Bombay.

SJMSOM conducts education and research in leadership, economics, marketing, entrepreneurship, organizational behaviour, technology management, operations, strategy, and other areas. The school offers a full-time degree course (Master of Business Administration), a doctoral course, and Management Development Programs (MDP) for company representatives.

• Fees: 14 lakh
• Average Package: 28.88 LPA
• Highest Package: 54 LPA
• Batch Size: 120 Students

16. Tata Institute of Social Sciences (TISS), Mumbai

Tata Institute of Social Sciences (TISS) is a multi-campus public university in Mumbai, India. It is Asia’s oldest institute for professional social work education and was founded in 1936 in the then-Bombay Presidency of British India as the Sir Dorabji Tata Graduate School of Social Work by the Sir Dorabji Tata Trust. In 1944, the institute was officially renamed the Tata Institute of Social Sciences TISS’s academic programs focus on the social sciences and offer doctoral degrees in Habitat Studies, Management and Labour Studies, Disaster Studies, Development Studies, Education, Gender Studies, Health Studies, Law, Media and Cultural Studies, Public Policy, Rural Development, and Social Work.

Tata Institute of Social Sciences (TISS) in Mumbai does not offer an MBA program. However, it does offer a similar program in Management, Including an MA in Human Resource Management and Labour Relations, Social Entrepreneurship, Globalisation, and Labor, etc. TISS Mumbai is considered to be the best MBA colleges in India for HR Domain.

• Fees: 1.85 lakh
• Average Package: 27.22 LPA
• Highest Package: 49 LPA
• Batch Size: 68 Students

17. Symbiosis Institute of Business Management (SIBM), Pune

SIBM Pune was established in the year 1978, the institute offers various post-graduation programmes in management, innovation and entrepreneurship and a number of executive training programmes. The Current Campus is located at Lavale in Mulshi Taluka on the outskirts of Pune City. SIBM Pune Post-graduation courses include MBA, Executive MBA, MBA Innovation and Entrepreneurship and PGDBM.

• Fees: 22.20 lakh
• Average Package: 28.16 LPA
• Highest Package: 49.06 LPA
• Batch Size: 180 Students

18. Indian Institute of Foreign Trade, Kolkata

IIFT Kolkata is considered to be one of the finest MBA colleges in Kolkata, India. The campus is spread over 7 acres of land houses. Be it the mystic beauty of the architectural design, or the splendor of the campus in full bloom in winter, it never fails to impress the visitors.

The Indian Institute of Foreign Trade (IIFT) Kolkata offers several courses, including an MBA in International Business (Full-Time and Part-Time), an Executive Post Graduate Diploma in International Business, a Certificate Programme in Export Management, and a Ph.D. Programme. The placements of IIFT Kolkata and Delhi are conducted Jointly.

• Highest Package: 85.4 LPA
• Batch Size: 140 Students

Also Read: Top MBA Colleges in Delhi-NCR

TOP B-SCHOOLS IN INDIA: CATEGORY 4

19. rajiv gandhi indian institute of management (rgiim), shillong.

Indian Institute of Management Shillong (IIM-S) is a public, fully autonomous management institute in the city of Shillong, Meghalaya. It was the seventh Indian Institute of Management to be established in India. IIM Shillong campus is spread over an area of 120 acres. IIM Shillong offers post-graduate, doctoral, and executive programmes in management education, and Management Development Programmes (MDPs) spanning different streams of management.

• Fees: 17.5 lakh
• Average Package: 26.96 LPA
• Highest Package: 71.30 LPA
• Batch Size: 238 Students

20. Narsee Monjee Institute of Management Studies (NMIMS), Mumbai

NMIMS Mumbai is one of the best MBA colleges in India. Narsee Monjee Institute of Management Studies (abbreviated as SVKM’s NMIMS) is a private deemed university located in Mumbai. What started with baby steps in 1981, NMIMS has today emerged as a globally reputed university.

NMIMS Mumbai Programme and the courses Offered By NMIMS Mumbai include MBA, MBA-HRM, MBA- Pharmaceutical Management with a wide range of specializations.

• Average Package: 26.63 LPA
• Highest Package: 67.80 LPA
• Batch Size: 600 Students

21. Department of Management Studies (DMS), Indian Institute of Technology Delhi (IITD)

The Department of Management Studies, IIT Delhi, also known as DMS IIT Delhi, is a school of management education and research in the Indian Institute of Technology, Delhi. The department was established in 1993 by an amendment in IIT Delhi statutes, which currently runs a two-year full-time MBA program with a focus on Management Systems, a two-year full-time MBA with a focus on Telecommunication Systems Management under the aegis of Bharti School of Telecom Technology and Management and a three-year on-campus evening MBA program with a focus on Technology Management.

• Fees: 11.20 lakh
• Average Package: 25.82 LPA
• Highest Package: 41.30 LPA
• Batch Size: 115 Students

22. Vinod Gupta School of Management (VGSOM), Indian Institute of Technology Kharagpur (IIT–KGP)

Vinod Gupta School of Management was set up in the year 1993. It is the first MBA College in India to be established with the Indian Institutes of Technology. Candidates at VGSOM get to enjoy the rich campus life of IIT Kharagpur. It offers various courses in post-graduation management programs, such as MBA; Executive MBA; PhD; and Post-Graduate Diploma in Business Analytics.

• Fees: 9.08 lakh
• Average Package: 22.13 LPA
• Highest Package: 43.37 LPA
• Batch Size: 94 Students

23. Great Lakes Institute of Management (GLIM), Chennai (PGDM Two–Year Programme)

Great Lakes Institute of Management, Chennai was founded in 2004 by Padma Shri Awardee Dr. Bala V. Balachandran is one of the top MBA colleges in India. Within a short span of 20 years, GLIM Chennai has emerged as a top-ranked business school. GLIM Chennai Residential Campus is 9 km far from Mahablipuram (UNESCO Heritage site) towards Pondicherry on East Coast Road. At the postgraduate level, the institute offers PGXPM, PGPM FLEX, PGPM, PGDM, Digital Marketing, Corporate Learning and Development, and various other courses to students.

• Fees: 14.77 lakh
• Average Package: 14.5 LPA
• Highest Package: 46 LPA

24. Symbiosis Centre for Management and Human Resource Development (SCMHRD), Pune

SYMBIOSIS CENTRE FOR MANAGEMENT & HUMAN RESOURCE DEVELOPMENT (SCMHRD) is listed among the best MBA Colleges in India, honing world-class leaders and entrepreneurs. It was established in the year 1993. The institute is famous for its MBA program in HRM.

• Fees: 23.90 lakh
• Average Package: 23.71 LPA
• Highest Package: 35.02 LPA

25. Indian Institute of Management Raipur (IIM Raipur)

Indian Institute of Management Raipur (IIM Raipur) was set up by the Government of India, Ministry of Education in 2010 at Raipur, the capital of Chhattisgarh. The IIM Raipur campus is situated across 203 acres in Atal Nagar, Naya Raipur. The institute offers programs in Doctor of Philosophy (PhD); Post Graduate (PGP); Executive Post Graduate Program(ePGP).

• Fees: 18 lakh
• Average Package: 21.04 LPA
• Highest Package: 43.43 LPA
• Batch Size: 328 Students

26. Institute of Management Technology (IMT), Ghaziabad

IMT Ghaziabad has been consistently ranked amongst the best MBA colleges in India(Delhi NCR). The institute’s USP is the specialization and placements that the institute provides for Marketing, with top recruiters visiting the campus each year to hire Marketing professionals. The institute is known for its 2-year flagship Post Graduate Diploma In Management program, which is equivalent to an MBA.

• Fees: 21.53 lakh
• Average Package: 17.35 LPA
• Highest Package: 65.50 LPA

27. Indian Institute of Management Ranchi (IIM Ranchi)

Established in 2009, Over the years IIM Ranchi has quickly gained recognition for its academic excellence, multiple programmes and impressive placement records. Its main campus is located at Prabandhan Nagar, Nayasarai, Ranchi. IIM Ranchi offers courses in MBA; MBA-HR; MBA-BA; Executive MBA.

• Fees: 17.2 lakh
• Average Package: 17.30 LPA
• Highest Package: 35.50 LPA
• Batch Size: 250 Students

28. Xavier Institute of Management Bhubaneswar (XIMB)

Xavier Institute of Management, Bhubaneswar (XIMB) is amongst the top MBA Colleges in India, located in Bhubaneswar, the capital of the eastern Indian state of Odisha. The Institute offers courses in Master of Business Administration(MBA) in Business Management; Executive Master of Business Administration(MBA) in Business Management for Working Executives (EMBA-BM); Executive Post Graduate Diploma in Management through Virtual Interactive Learning (EPCDM-VIL).

• Fees: 19.3 lakh
• Average Package: 16.64 LPA
• Highest Package: 71.51 LPA
• Batch Size: 364 Students

29. Indian Institute of Management Trichy (IIM Trichy)

IIM Tiruchirappalli (Trichy) was founded on 4th January 2011. The campus of the Indian Institute of Management Tiruchirappalli is located on 172.27 acres (69.72 ha) of land on the Tiruchirappalli-Pudukkottai highway. The institute offers courses in PGPM (MBA); PGPM-HR (MBA-HR); Ph.D (Doctoral Programme); Executive PhD (Executive Doctoral Programme); PGPBM (Executive MBA).

• Fees: 19.5 lakh
• Average Package: 20.55 LPA
• Highest Package: 41.61 LPA
• Batch Size: 350 Students

BEST B-SCHOOLS IN INDIA: CATEGORY 5

30. indian institute of management nagpur (iim nagpur).

IIM Nagpur was established in 2015 as the first of the third-generation IIMs, by the Ministry of Education, Govt. of India for the state of Maharashtra. It is one of the fastest growing MBA Colleges in India. IIM Nagpur is spread across 132 acres of land. It offers courses in MBA; PhD; PhD (Executive); Executive MBA at the Main campus; AND Executive MBA at the Pune Campus.

• Fees: 18.9 lakh
• Average Package: 16.74 LPA
• Highest Package: 64 LPA
• Batch Size: 260 Students

31. Indian Institute of Management Sambalpur (IIM Sambalpur)

IIM Sambalpur was established in August 2015 as one of the Indian Institutes of Management. IIM Sambalpur is functioning from its permanent campus. The Government of Odisha has selected 237 acres (960,000 m2) of land for the construction of the permanent campus of IIM Sambalpur at Basantpur. It offers mainly four courses, the Post-Graduate Programme (PGP) in Management, Executive Post Graduate Program (EPGP), PhD and Executive PhD Programme in Management.

• Average Package: 16.63 LPA
• Highest Package: 64.61 LPA
• Batch Size: 320 Students

32. Indian Institute of Management Visakhapatnam (IIMV)

IIM Visakhapatnam is considered to be one of the best MBA Colleges in India. The government of Andhra Pradesh has allotted 241.50 acres of land located at Gambheeram Village of Anandapuram Mandal to IIM Visakhapatnam. It offers various post-graduation courses such as a Doctoral Program (PhD); Executive PhD Program (Exec-PhD); Post-Doctoral Fellowship Program (PDF); Post Graduate Program (PGP); Post Graduate Program for Experienced Professionals (PGPEx); Post Graduate Program in Digital Governance and Management (PGPDGM); Executive Master of Business Administration (EMBA) for Working Professionals; Post-Graduate Program in Management for the Centrally Funded Technical Institutions, Institutions of National Importance (PGPMCI)

• Fees: 10.80 lakh
• Average Package: 15.64 LPA
• Highest Package: 43.25 LPA
• Batch Size: 340 Students

33. Indian Institute of Management Kashipur (IIM–Ka)

The Indian Institute of Management Kashipur is a second-generation IIM set up by the Government of India in 2011. It is considered among the best MBA Colleges in India. The institute is famous for its Business Analytics Course. Other than this the institute offers courses in MBA; Executive MBA; and Doctoral Programs.

• Fees: 17.30 lakh
• Average Package: 18.11 LPA
• Highest Package: 37 LPA
• Batch Size: 171 Students

34. MICA Ahmedabad

MICA Ahmedabad was established in 1991, located on the outskirts of Ahmedabad. MICA is known to be the best MBA Colleges in India for Advertisement and Marketing Communication. The Institute offers Residental programs in PGP, FPM and CCC. Other than this the institute offers other online certifications.

• Fees: 23 lakh
• Average Package: 20.09 LPA
• Highest Package: 36 LPA
• Batch Size: 235 Students

35. Indian Institute of Management Rohtak (IIM Rohtak)

Further discussing One of the best MBA colleges in India, the Indian Institute of Management Rohtak established by the Ministry of Education, Government of India-wide IIM Act 2017. IIM Rohtak is an institute of national importance. It is located within the National Capital Region (NCR) of India. With a campus spread over an area of 200 acres is strategically located on National Highway – 10 and is well connected to Delhi.

IIM Rohtak has been ranked 12th in the NIRF Ranking of Management category. It provides a full-time PGP/ MBA course for a duration of two years.

• Fees: 17.9 lakh
• Average Package: 18.73 LPA

36. Indian Institute of Technology Kanpur (IIT–K)

MBA at IIT Kanpur Started in the year 2001. The MBA course of the institute has been ranked by various agencies. Under the ‘Management Category’, NIRF ranked IIT Kanpur at 23rd position in 2023 rankings. The institute has a small batch size and also has a great return on investment.

• Fees: 2.80 lakh
• Average Package: 18.14 LPA
• Highest Package: 24 LPA
• Batch Size: 78 Students

37. MHRM, Indian Institute of Technology, Kharagpur

IIT Kharagpur Uesd to provide tech courses in Human Resource Development since 1982. With the objective to meet the demands of contemporary business, it restructured the course and has been offering it as Master of Human Resource Management (MHRM) since July 2010. This college can be considered among the best MBA Colleges in India, Considering the ROI it provides.

• Fees: 1.50 lakh
• Average Package: 15.45 LPA
• Highest Package: 23 LPA
• Batch Size: 200 Students

38. Department of Financial Studies (DFS), University of Delhi, South Campus

Next in the list of Best MBA colleges in India, is the Department of Financial Studies (DFS) which is a department of the University of Delhi offering programs in finance. Tracing its roots in the Delhi School of Economics, the DFS was carved out of the Department of Commerce of the university in 1987 to provide training in the field of finance. The DFS is located at the South Campus of the university.

• Average Package: 17.10 LPA
• Highest Package: 32 LPA
• Batch Size: Around 62 Students

39. Indian Institute of Management Udaipur (IIMU)

IIM Udaipur is a second-generation IIM and it is one of the fastest-growing management schools in the country. It was set up by the Indian Government in 2011. The institute offers a wide range of programs particularly known as the MBA Program; EMBA – Executive MBA Program; One-Year MBA – Global Supply Chain Management; One-Year MBA – Digital Enterprise Management

• Fees: 12.4 lakh
• Average Package: 20.03 LPA
• Highest Package: 43.76 LPA
• Batch Size: 368 Students

40. Indian Institute of Management Amritsar (IIM Amritsar)

IIM Amritsar was established in the year 2015 by the Government of India as the country’s 15th IIM of the country. Given the rate of growth of this Institute, soon it will be considered among the best MBA Colleges in India. The institute offers MBA; MBABA; MBA HR; Doctoral Programs; and Executive MBA.

• Fees: 12 lakh
• Average Package: 16.51 LPA
• Highest Package: 36.25 LPA
• Batch Size: 257 Students

41. International Management Institute (IMI), New Delhi

IMI New Delhi was set up in the year 1981 and is India’s first corporate-sponsored business school. The Institute offers AICTE-approved, two-year Post Graduate Diploma in Management (PGDM), PGDM (HRM), PGDM (B&FS), the 18-month PGDM for experienced professionals, and the Fellow Programme in Management (FPM). Owing to its location, the Institute enjoys strong industry linkages with organizations across sectors such as IT, Consulting, Financial Services, Consumer Goods, E-commerce, and Automotive.

• Fees: 18.2 lakh
• Average Package: 17.01 LPA
• Highest Package: 50 LPA
• Batch Size: 341 Students

42. T.A. Pai Management Institute (TAPMI), Manipal

T.A. Pai Management Institute (TAPMI) is a private autonomous business school in India. It was established in the year 1980 and is located in the university town of Manipal in Karnataka. TAPMI offers six post-graduate management programs, MBA; MBA-BKFS; MBA-HRM; MBA-Marketing; MBA-IB; and MBA-Technology Management.

• Fees: 17.34 lakh
• Average Package: — LPA
• Highest Package: 24.80 LPA
• Batch Size: 420 Students

TOP MBA COLLEGES IN INDIA: CATEGORY 6

43. department of management studies (doms), indian institute of technology madras (iitm).

Department of Management Studies (DoMS), IIT Madras was established in the year 2004 as a home to the popular Master in Business Administration course being taught since August 2001. The institute offers courses in MBA; EMBA; Research Programmes; PGPEX-VLM-Programme; and Management Development Programme (MDP).

• Fees: 8 lakh
• Average Package: 20.19 LPA
• Highest Package: 30.60 LPA
• Batch Size: 100 Students

44. Sydenham Institute of Management Studies and Research and Entrepreneurship Education (SIMSREE), Mumbai

Sydenham Institute of Management Studies, Research, and Entrepreneurship Education (SIMSREE) was founded in the year 1983. In keeping with the rich Sydenham tradition of imparting high-quality education, SIMSREE has endeavoured to produce global managers of shining excellence. SIMSREE stands as one of the most popular management institutes in India, located at Churchgate, Mumbai in the heart of the financial capital of the country. SIMSREE is considered the 2nd best in terms of RoI, that is the reason it is counted among the best MBA colleges in India.

• Fees: 1.34 lakh
• Average Package: 12.30 LPA
• Highest Package: 25 LPA
• Batch Size: 179 Students

45. Goa Institute of Management (GIM), Goa

GIM Goa was founded in 1993 by Romuald D’Souza, a Jesuit priest. The GIM Campus is located in North Goa district in the state of Goa. GIM is counted among the best MBA colleges in India. The institute offers a full-time MBA program (2 years), PGDM -Healthcare Management Programme (HCM-2 years), PGDM in Big Data Analytics (BDA – 2 years), PGDM in Banking, Insurance & Financial Services (BFIS-2 years) and part-time Executive MBA (3 years). It has a full-time “Fellow Programme in Management” (FPM) which is a doctoral programme ideal for individuals seeking academic research and teaching careers as faculty or professors.

• Fees: 18.31 lakh
• Average Package: 17.20 LPA
• Highest Package: 55 LPA

46. Department of Business Economics, South Campus, University of Delhi

Department of Business Economics, University of Delhi is a public MBA college situated in New Delhi, India. The college was established in 1973 and affiliated to the University of Delhi. DBE DU offers courses at the postgraduate level. DBE DU PG courses include an MBA in Business Economics and an MBA in Finance.

• Fees: 48.5 k
• Average Package: 12 LPA
• Highest Package: 21.5 LPA
• Batch Size: around 80 Students

47. Symbiosis Institute of Operations Management (SIOM), Nashik

Symbiosis Institute of Operations Management, Nashik is an AICTE-approved private institute for higher education in Nashik, Maharashtra, it was established in the year 2005. SIOM Nashik offers an MBA in Operations Management and Agriculture.

• Fees: 13.20 lakh
• Average Package: 11.25 LPA
• Highest Package: 30 LPA
• Batch Size: 145 Students

48. University Business School (UBS), Punjab University, Chandigarh

University Business School (UBS), Panjab University was established in the year 1995. It is a well-known MBA College in India. It offers courses in MBA/PGDM; and Executive MBA/PGDM.

• Fees: 2.25 lakh
• Average Package: 13.72 LPA
• Highest Package: 58.48 LPA
• Batch Size: 146 Students

49. Narsee Monjee Institute of Management Studies (NMIMS), Bengaluru

NMIMS Bangalore was established in 2008. The Bangalore campus of NMIMS is the youngest B-School to be accredited with AMBA. It offers specializations in the fields of Finance, Marketing, Operations and HR, and Analytics.

• Fees: 20 lakh
• Average Package: 14 LPA
• Highest Package: 19.70 LPA
• Batch Size: 164 Students

50. FORE School of Management, New Delhi

The Foundation for Organisational Research and Education (FORE) is committed to the advancement of Management Education, Research, Training and Consultancy. Incorporated in 1981, as a non-profit institution, FORE has been working with industry and academia to develop new domains of managerial thought and education and contributing to building leaders in today’s global business environment.

FORE School of Management is amongst the best MBA colleges in India and offers popular AICTE-approved PGDM, PGDM (IB), PGDM (FM), and PGDM (BDA) programs with dual specialization.

• Fees: 18.27 lakh
• Average Package: 15.10 LPA

How To Get Into Top-50 MBA Colleges In India

In order to get into these top colleges one needs to clear MBA Entrance Exams. If you are looking for structured CAT preparation along with 24*7 doubt-solving, you can rely on iQuanta’s CAT 2024 Course. Practice the most relevant CAT level content with iQuanta.

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Home  >  News & Articles  >  PhD after MBA: In India, Admissions 2024, Entrance Exams, Fees

Sheeza Khan

Updated on 20th February, 2024 , 8 min read

PhD after MBA: In India, Admissions 2024, Entrance Exams, Fees

A PhD after an MBA is an advanced program where you can become a doctor in a specific area of business Finance, Marketing, Operations, or Human Resources. To qualify, you generally need a 2-year MBA degree and you should pass exams like  UGC-NET or   GATE . Having a good score, a research plan, recommendations, and work experience make it more likely to get into a top MBA college. It usually takes 3-5 years to finish a PhD after MBA in India, but it could be 4-7 years abroad.

Also read: Top PhD Entrance Exams in India 

In the realm of MBA dreams, institutions like  FMS New Delhi ,  BHU , the prestigious IIMs, and the ingenious IITs stand tall as the elite havens for pursuing a PhD after your MBA adventure. 

Further Reading: IIT Madras PhD Admission 2023

Venturing into the realm of a PhD after MBA opens doors to the realms of teaching and delving deep into the realms of research. Many of you might be wondering about the average salary package spanning from INR 2,00,000 to INR 14,00,000.

More PhD Courses: 

More about MBA: 

PhD After MBA: Course Details

Also read:  GATE Study Material

Why pursue PhD after MBA?

Pursuing a PhD after an MBA in India can offer several compelling benefits:

• Deep Expertise: A PhD allows you to specialize and delve deeply into a specific area of business, enhancing your expertise and knowledge in your chosen field.
• Research Opportunities : A PhD program provides you with the chance to contribute to cutting-edge research in business and management, potentially leading to valuable insights and innovations.
• Academic Career : If you aspire to an academic career, a PhD is often a requirement for becoming a professor at universities and business schools, allowing you to educate the next generation of business leaders.
• Career Advancement : A PhD can set you apart in the job market, opening doors to higher-level positions and leadership roles in both corporate and non-corporate sectors.
• Personal Fulfillmen t: Undertaking a PhD is a journey of personal growth and intellectual challenge, allowing you to engage deeply with your chosen subject matter and develop critical thinking skills.
• Networking : Doctoral programs provide opportunities to connect with experts in your field, fellow students, and professionals, expanding your professional network.
• Enhanced Problem-Solving: PhD programs often cultivate advanced problem-solving skills, which can be applied to complex business challenges.

Also Read:  Tips to prepare for UGC Net

More MBA Courses: 

Who should pursue PhD after MBA?

Eligibility criteria for pursuing a PhD after an MBA in India can vary depending on the specific university, institute, and program. However, there are general requirements that are commonly applicable:

• MBA Degree : Candidates must hold a Master's in Business Administration (MBA) degree from a recognized university or institute. This demonstrates a foundational understanding of business and management concepts.
• Minimum Marks: Many institutions require candidates to have obtained a certain minimum percentage or  grade point average (GPA) in their MBA program. This threshold can vary, but it's typically around 55% or equivalent.
• Relevant Subjects : The candidate's MBA specialization should align with the field of study they wish to pursue for their PhD for instance, if you want to pursue a PhD in Marketing, your MBA specialization should have been in Marketing.
• Entrance Exam: Some universities and institutes may require candidates to clear a relevant entrance examination specific to the PhD program they are interested in. This could involve subject-related questions, research aptitude, and general knowledge.
• Research Proposal: Applicants are often required to submit a research proposal outlining their intended area of research. This proposal should demonstrate a clear research question, objectives, methodology, and potential contribution to the field.
• Work Experience : While not always mandatory, having relevant work experience can be advantageous, especially for certain specialized PhD programs. It can demonstrate practical knowledge and a real-world perspective on the subject.
• Interview:  Some institutions may conduct interviews as part of the selection process. This is an opportunity for candidates to discuss their research interests and demonstrate their commitment to the program.
• Qualifying Examinations : In some cases, candidates might need to qualify for national-level exams such as  UGC-NET (University Grants Commission - National Eligibility Test) or  GATE  (Graduate Aptitude Test in Engineering) to be eligible for certain PhD programs.

PhD after MBA: PhD Finance Course Details

PhD in Finance is a research-focused program offering strong academic prospects. Typically pursued after an MBA in Finance , it's available at esteemed institutions such as IIMs, FMS New Delhi , ISB , and IIT. The program delves into topics like Share Valuation, Privatization, Globalization, and Management Accounting.

Further Reading: MBA Finance Syllabus & Subjects 

PhD after MBA: PhD Marketing Course Details

PhD in Marketing is a 3-year program aimed at training students for teaching and research in marketing and related domains. Admission is based on entrance exams and interviews. Candidates with relevant postgraduate qualifications, including an MBA in Marketing, can apply. The program offers diverse career paths, like Market Research Analyst, Marketing Communications Leader, and Marketing Executive.

Further Reading: MBA in Marketing

PhD after MBA: PhD Organizational Behavior Course Details

PhD in Organizational Behavior is a 3 to 5-year program studying human behavior in organizations. Eligibility requires a master’s or MPhil degree with a 55% minimum aggregate after an MBA in Organizational Behavior. Graduates can secure positions in Academic Institutions, Colleges, Finance, Marketing, IT, etc., with average salaries ranging from INR 4,00,000 to INR 8,00,000.

PhD after MBA: PhD Business Management Course Details

PhD in Business Management is a 3-year program focusing on business operations like leadership, organization, and planning. Eligibility requires a master’s degree with relevant subjects and a minimum aggregate of 50% or more, post-MBA in Business Management.

PhD after MBA: PhD HR Management Course Details

PhD in Human Resource Management is a 3 to 5-year program focusing on teaching organizational processes for productivity enhancement. It prepares students for HR management roles, requiring a master’s degree from a UGC-recognized or foreign university post-MBA in HR Management. 

PhD after MBA: PhD Management Studies Course Details

PhD in Management Studies is a 3-year program imparting management and organizational skills. Eligibility requires a master's degree in a related field with 50-60% aggregate, post-MBA in Management Studies.

Further Reading: BMS Course Details 

PhD after MBA: PhD Banking and Finance Course Details

PhD in Banking and Finance is a 3-year program designed to provide comprehensive knowledge in domestic and international banking, economics, and investment. A master's degree from a recognized university is the minimum eligibility for PhD after MBA in Banking and Finance. Graduates can secure positions in educational institutions, stock exchanges, banks, etc., with average salaries ranging from INR 1,80,000 to INR 6,00,000.

Further Reading: MBA Finance Jobs 

PhD after MBA: PhD Disaster Management Course Details

PhD in Disaster Management is a 3-year program focused on Environment and Disaster Management. Eligibility entails a master’s degree or M.Phil in the relevant field with at least 55% aggregate and 5 years of work experience.

Also Read: PhD in IGNOU

PhD after MBA: PhD Commerce and Management Course Details

PhD in Commerce and Management is a 3-year program focusing on commerce and business management education. To qualify for PhD after MBA in Commerce and Management, candidates need a master's degree, MBA, or MPhil with at least 55% aggregate.

Further Reading: BMS Subjects & Syllabus

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Frequently Asked Questions

Can phd be done after mba.

Certainly, it is possible to pursue a PhD after completing an MBA. To embark on a PhD journey, an individual should possess a master's degree in relevant fields, accompanied by a minimum aggregate score of 50-60%.

What are the PhD courses after MBA?

PhD programs in Finance, Management Studies, Business Management, Business Administration, Banking and Finance, and Marketing stand out as prominent choices for further studies following an MBA.

Can I do a PhD from IIM?

Indeed, the Indian Institutes of Management (IIMs) provide PhD programs subsequent to MBA studies in disciplines such as Human Resource Management, Business Management, and Business Administration, among others.

Can I do a PhD after MBA in HR?

Indeed, undertaking a PhD following an MBA in Human Resource Management presents advantageous prospects for embarking on roles such as HR managers, executives, consultants, and various other related positions.

Does a PhD after MBA make sense?

Certainly, pursuing a PhD after completing an MBA is a strategically sound choice, offering distinct advantages in terms of enhanced job prospects and a strengthened position in the realm of teaching professions.

How many years is PhD after MBA?

PhD after MBA is normally for 4 - 6 years.

Deep Expertise, Research Opportunities, Academic Career, Personal Fulfillment and Networking.

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PhD Specialization: List, Admissions, Eligibility, after MBA, in India, Fees, Jobs, Salary Specializations in PhD After MBA

• May 13, 2024
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In the rapidly growing world of career development and education people often look to intensify their academic qualifications and skills to stay in contact with their area of expertise. Pursuing a PhD after completing a Master of Business Administration (MBA) has emerged as a prominent selection for those seeking to enhance their skills, grow professionally, and for better income opportunities In India, where majorly all reputable and prestigious institutes and universities are located, it offers a hub of academic excellence in the academic region. It’s to dig deeper to understand all the crucial aspects of pursuing a PhD after an MBA in India which consists of various specializations, fees, eligibility criteria, admissions job prospects, and salary expectations. 

Table of Content

Various specializations in phd after mba, phd specialization: admissions process, job prospects and salary expectations, types of phd and their importance, tips and tricks for phd admission 2024 after mba.

There is various specialization that candidates can undertake to pursue PhD after Master of Business Administration are:  

• Management: Specializing in management studies through a PhD program provides a deep dive into advanced concepts like organizational behavior, strategic management, and leadership. This specialization prepares individuals for leadership roles in major areas like consulting, academics and corporate management. 
• Finance: A PhD in Finance focuses on advanced quantitative analysis, financial theory, and research methodologies. PhD can pursue a career in academic region, high-level financial analysis or financial research. 
• Marketing: The marketing specialization consists of advanced marketing strategies, market research and consumer behavior. PhD Graduates can pursue careers in advertising, marketing research, or various academic regions. 
• Human Resource Management: A PhD in HRM has its major key areas revolving around advanced organizational behavior, HRM theory, and human resource development. Graduates can also pursue careers in corporate HRM. HRM consulting, corporate HRM or various other Human resource fields. 
• Operations Management: MBA in Operations Management revolves around various advanced operations management concepts like, process optimization, supply chain management etc. Graduates can also pursue rewarding careers  in areas like logistics management, operations management, or other academic regions.

Eligibility Criteria

Admission to a PhD program after an MBA needs the student to possess a master’s degree in business administration in a relevant field from a reputable university or college. In fact, students are also needed to provide a strong academic record, a crisp and concise research proposal aligned with the selected specialization and some good years of work experience. The admission process also consists of a written entrance exam, further followed by an interview and/or presentation provided in the research proposal. 

Fees and Funding

The fees for a PhD course after an MBA differ based on the Research institution or university along with the and specialization taken into consideration. For acquiring the exact fee structure check the official website of the research institute or university. But to make the PhD course accessible for all, many universities offer grants, scholarships or assistantships to help procure expenses such as tuition fees, and basic living expenses for deserving aspirants. 

Duration of the Program

The duration of a PhD program after an MBA differs based on the specialization and the mode of education being selected by the aspirant. On an average, a full-time PhD course includes a time duration of generally 3 to 5 years to complete, while a part-time PhD course may take a longer duration and period of time due to the flexibility they offer to individuals like working professionals.

After fulfilling the PhD course successfully after the MBA course , there are some basic career prospects candidates can take for a good salary package. Some common job roles include: 

• Corporate Sector: Graduates can seek admission in roles including management trainees, enterprise analysts, and marketing executives in corporation businesses.   
• Entrepreneurship: Management calls for college students to equip the skills and know-how required to start their  very own organizational ventures.   
• Consultancy: Management professionals can emerge as experts, imparting professional solutions to groups on several control-associated problems.   
• Government Sector: Graduates can also locate opportunities in authorities’ corporations in roles that encompass administrative officers and control analysts.   
• Non-Profit Organizations: Management professionals are in demand of non-income agencies to manipulate their operations efficaciously. 

The salary expectancies for PhD Holders in management fields can range extensively relying on elements along with the character’s specialization, revel in, and the organization they work for. Also PhD Holders can anticipate to earn better salaries as compared to those with simplest MBA.

There are 2 distinctive types of PhD courses in India based on time duration : 

Full-Time PhD  

This PhD course has a typical framework of 3-6 years for completion and is completed as full time. Aspirants often take this course for higher education purposes,like assistant teacher etc. 

Part-Time PhD  

This course is taken by candidates who are working as working professionals or wish to pursue a PhD along with their usual work. Part- time PhD takes more time than a full-time PhD but aspirants need to take a few classes in order to pursue a part-time PhD.

H ere are some great tips and tricks for a successful PhD admission process after completion of a MBA program in 2024 : 

• Stay updated with crucial information 
• Practice and solve sample papers frequently 
• Prepare an exceptional Statement of Purpose 
• Seek guidance from previous alumni’s 
• Develop a study plan and revision plan 
• Prepare for interviews in the prior 
• Attend workshops and seminars related to your area of research

By following these tips and tricks you can enhance your chances of getting PhD admission quicker after MBA.

Pursuing a PhD after an MBA in India can be an enchanting and rewarding experience for people seeking to develop their careers in the field of management. With a diverse range of specializations to select from, along with a bunch of various awaiting  opportunities, India offers a favorable environment for those seeking to start on this intellectually growing  journey. So, whether you desire to become a sought-after consultant, reputable academician, or a visionary industry leader, a PhD after an MBA is the perfect course to undertake to pursue your PhD journey.

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Top 20 MBA Colleges in India 2024: Rankings, Fees, Admissions, Courses, Placements

One of the most popular postgraduate degrees in the world is an MBA. Obtaining an MBA appears to be the following sensible move for a lot of individuals looking to advance in their careers. Whatever your industry, an MBA has benefits that apply to you. Not only do IIMs rank among the top MBA colleges in India , but there are numerous other well-known top management universities as well. Nonetheless, considering the time and money investment, some people might question if earning an MBA is worthwhile. The top MBA schools in India are included in this blog, along with information on their tuition costs, average and highest placement rates. Based on their relative relevance, the MBA colleges have been divided into different categories.

Eligibility Criteria for the top MBA colleges in India

To enroll in a Master of Business Administration program at any of the top MBA schools in India, applicants must meet specific academic standards. The MBA qualifying requirements for admission to the best MBA institutes in India are listed below:

Applicants must have graduated from an accredited university with a graduate degree in any discipline under the 10+2+3 or 10+2+4 patterns. In order to be eligible, they had to have earned a minimum of 50% of the possible points overall.

Applicants with at least 50% of the possible points in their cumulative honors degree under the 10+2+4 pattern from an accredited university as defined by the UGC Act.

Applicants who have earned a bachelor's or master's degree from this university or any other legally recognized university through correspondence or the Open University System are also eligible.

Candidates who meet any of the aforementioned requirements during admissions are also eligible to apply if they are in their last year of graduation.

Popular Entrance Exams for top MBA courses in India

CAT: The Verbal Ability and Reading Comprehension (VARC), Data Interpretation and Logical Reasoning (DILR), and Quantitative Ability (QA) parts make up the Common Admission Test (CAT). Candidates take both multiple-choice and non-multiple-choice questions on the computer-based test (CBT) known as the CAT. Typically, the exam lasts between two and three hours. Following the CAT exam, participating colleges make public their individual cutoff scores, which determine which applicants get accepted into the appropriate college.

MAT: The Management Aptitude Test (MAT) is administered in three different ways: online, via a computer, via paper, and through a proctored Internet-based test (IBT). Language comprehension, mathematical skills, data analysis and sufficiency, intelligence and critical reasoning, and Indian and global environment are the five areas that make up the exam.

List of top MBA colleges in India

Here in the table below, we have listed the top 20 MBA colleges in India that provide top-notch education with expert faculties.

1. IIM Ahmedabad

The Indian government granted the Indian Institute of Management Ahmedabad autonomy when it was founded in 1961. Ninety-one postgraduate and doctorate courses are available at the IIM Ahmedabad. IIM Ahmedabad was ranked first in the management category in the NIRF 2023 ranking. Management is among the courses offered at IIM Ahmedabad. It is one of the best MBA courses in India .

2. IIM Bangalore

Established in 1973, the Indian Institute of Management Bangalore has been acknowledged as a "Institute of National Importance." Numerous postgraduate and doctorate courses are available at the IIM Bangalore. Courses offered at IIM Bangalore include Ph.D., P.G.P., and M.B.A. Courses at IIM Bangalore are offered online, both full- and part-time. In the management category of the NIRF rankings 2023, IIM Bangalore is rated second. Prospective candidates must fulfill the eligibility requirements of IIM Bangalore. Take the entrance exams like CAT and GMAT if you want to apply to IIM Bangalore. 

The third IIM to be founded in the nation, IIM Bangalore opened its doors in 1973. 218 out of 606 offers from consulting organizations have been made to the institute, making it the finest MBA college in India for the consulting industry. The world-class infrastructure of IIMB is located in the center of Bangalore City's southern region.IIM Bangalore provides a range of executive education programs, post-graduate programs, and specialty courses in fields including public policy and entrepreneurship. 

3. Indian Institute of Management Calcutta (IIMC)

The Government of India, in partnership with the Government of West Bengal, the Alfred P. Sloan School of Management (MIT), Indian business, and The Ford Foundation, founded IIM Calcutta in 1961. As to the NIRF 2023 Ranking, IIM Calcutta came in at number 4 in the management category and 99th overall. IIM Calcutta MBA Based on the CAT results, admission is granted, and then there is a Personal Interview (PI) phase. The GMAT entrance exam is used to determine admission to the IIM Calcutta Executive MBA program. Subsequently, the selection process for candidates applying to IIM Calcutta is based on their educational background, work experience, GMAT score, personal interview, statement of purpose, and recommendation. 

4. Indian School of Business (ISB) Hyderabad

Private business school Indian School of Business (ISB) has two campuses: one in Hyderabad, the capital, and another in Mohali, Punjab. In 2001, the institute was founded. By receiving accreditation from the Association to Advance Collegiate Schools of Business (AACSB), the EFMD Quality Improvement System (EQUIS), and AMBA, ISB Hyderabad has become the 100th Triple-Crown.

Postgraduate management courses, working professional management, senior executive management, and family business management are available at the Indian School of Business. Additionally, the school offers the five specializations of ISB's Advanced Management Programs. It also offers several Live Virtual Programs, Open Programs, and Custom Programs within executive education, both currently offered and in the works. GMAT/GRE are approved for its flagship course, PGP.

5. XLRI Jamshedpur

Regarded as the Best MBA College in India for the Human Resource Sector is XLRI Jamshedpur. Founded in 1949, it is the oldest B-school in India. The upbeat and joyous college culture at XLRI is another well-known feature. It is also one of the few B-schools with a very even gender distribution. It provides courses for several post-graduate management programs, including PGDM(BM), PGDM(HR), and PGDM(GM).

6. IIM Lucknow

In the Indian state of Uttar Pradesh, the Indian Institute of Management – Lucknow (IIML) is situated. Founded in 1984, the university comes in fourth place among IIMs, behind IIM Calcutta, IIM Ahmedabad, and IIM Bangalore. Executive programs, fellowships, and post-graduate certificates in management are offered by the IIM Lucknow.

The Ministry of Human Resource Development has designated this institute as an Institution of Excellence. The CAT score is taken into account by IIM Lucknow, along with other IIMs, for shortlisting candidates for subsequent rounds.

7. Faculty of Management Studies, University of Delhi 

In 1954, the Faculty of Management Studies was founded in New Delhi. It provides four courses at the graduate and doctorate levels in total. There is only one course available at the PhD level, although the college provides three postgraduate courses. In order to get admitted to FMS Delhi at the postgraduate level, an applicant must take the CAT and receive a passing score. In order to get admitted to the Ph.D. program at FMS Delhi, aspirants must pass the UGC-NET. One of the top mba colleges in india with fees wise is Faculty of Management Studies DU. 

The Faculty of Management Studies is associated with the University of Delhi and provides scholarships and possibilities for placement to students who demonstrate merit. are offered by the Faculty of Management Studies as well. Additionally, the college wants to give its students a comfortable campus, which includes making sure that amenities like sports, a cafeteria, an auditorium, a library, an IT infrastructure, and more are available.

8. S P Jain Institute of Management and Research (SPJIMR)

According to the QS World University Rankings for Masters in Management for 2024, SP Jain (SPJIMR) is rated between 121 and 130. Additionally, the college is ranked 20th in the Management category by NIRF 2023 and 5th in the MBA category by Business Today 2023. An institution that is a part of Bharatiya Vidya Bhavan, the SP Jain Institute of Management and Research was founded in 1981. The Association of MBAs (AMBA), UK, NBA, and AACSB International have all granted approval to the S. P. Jain Institute of Management and Research and accredited it. The college, which is situated in Mumbai's Andheri West, provides PG, and other courses to students in management and other fields.

9. IIM Kozhikode 

Among the 20 Indian Institutes of Management, the Indian Institute of Management Kozhikode was founded in 1996. In the management category of the NIRF 2023 Ranking, IIM Kozhikode has secured the third rank. The institute provides numerous courses in a range of subjects. Postgraduate and doctorate studies are offered by IIM Kozhikode. There are 75 courses offered by IIM Kozhikode in total. Students who are interested in these courses need to confirm that they fulfill the requirements.

10. IIM Indore 

In 1966, the Indian Institute of Management Indore was founded. According to the NIRF Rankings 2023, IIM Indore is rated eighth in the management category. A total of 76 postgraduate and doctorate courses are offered at IIM Indore. Candidates should take the appropriate entrance exam, such as the CAT or GMAT, if they want to get admitted to IIM Indore for the selected programme. The results of the entrance exam determine admission to IIM Indore. Excellent campus facilities are provided by IIM Indore. Sports, a canteen, a library, a gym, labs, a transportation hub, wifi, and many other amenities are available at IIM Indore. To help students get ready for their on-campus placements, the placement cell at IIM Indore sets up practice exams and interviews.

11. Jamnalal Bajaj Institute of Management Studies 

Bombay's Jamnalal Bajaj Institute of Management Studies It was established in 1965 by the University of Mumbai and is well known as JBIMS Mumbai. At the postgraduate level, JBIMS Mumbai offers courses in seven different disciplines for the MBA, M.Sc., and MHRD degree programs, and one discipline for the Ph.D. program. Students can choose from these courses in the fields of Management & Business Administration and Sciences. Candidates must have a valid MAH MBA CET, MHT CET, CAT, and CMAT score in addition to DTE CAP Counseling in order to be considered for admission to JBIMS Mumbai's MBA program.

12. Management Development Institute (MDI) Gurgaon

One of the top mba colleges in india placement wise is Management Development Institute (MDI), Gurgaon, which was founded in 1972. Situated on a 35-acre verdant campus, the institute offers students an unparalleled opportunity to immerse themselves in a creative setting while being surrounded by industry activity. An environment that is conducive to studying is created by state-of-the-art classrooms, IT infrastructure, dormitories, libraries, and other facilities situated in serene surroundings. The institute provides working executives and management students with a broad choice of programs. The Post-Graduate Diploma in Management (PGDM), the program's flagship offering, prepares management students for careers in responsible roles in a global workplace. The All-India Council for Technical Education (AICTE), a branch of the Indian government, has approved the postgraduate degree that the institute offers.

13. Indian Institute of Management (IIM),  Mumbai 

Located in Powai, close to Vihar Lake in Mumbai, the Indian Institute of Management Mumbai (IIM Mumbai), formerly known as the National Institute of Industrial Engineering, Mumbai (NITIE Mumbai), is a prestigious business school run by the Ministry of Education (India), Government of India. According to NIRF 2023 rankings, IIM Mumbai is ranked seventh among B-Schools in India. In order to produce trained professionals, the Indian government founded it in 1963 with support from the United Nations Development Programme (UNDP) via the International Labour Organization (ILO).

Postgraduate certificates in a range of industrial engineering and management subjects are available from IIM Mumbai. Fellowship programs at the PhD level are also available. In the operation industry, it is regarded as one of India's top MBA programs. IIM Mumbai teaches more than 2000 professionals annually.

14. IIFT Delhi

The Delhi-based Indian Institute of Foreign Trade (IIFT) was founded in 1963. Under the Ministry of Commerce & Industry, it is a separate entity. "Deemed to be University" status was awarded to IIFT Delhi in 2002. The Indian Institute of Foreign Trade is ranked 27th in the Management field by the National Institutional Ranking Framework (NIRF) 2023 report. In its third cycle of accreditation, IIFT Delhi received an A+ rating from the National Assessment and Accreditation Council (NAAC). The college holds an AACSB accreditation.

15. SJMSOM (IITB)

Established in 1995, the Indian Institute of Technology Bombay now houses the Shailesh J Mehta School of Management (SJMSOM). A Master of Business Administration and a Doctor of Philosophy (PhD) programme are available at the Shailesh J. Mehta School of Management, IIT Bombay. The SJMSOM IIT Bombay states that the performance in a personal interview and CAT scores would be the primary factors used in the MBA programme's selection process. On the other hand, candidates who have earned an MBA, PGDM, or MTech from the Institute of National Importance within the last five years are exempt from taking the aptitude test. The selection criteria for the Ph.D. program will be based on the UGC-JRF/UGC-NET/CSIR-JRF/CSIR-NET within the last five years, or CAT/GATE/GMAT/GRE within the last five years. In addition, the candidates must show up for an interview. 

16. Tata Institute of Social Sciences (TISS) 

Sir Dorabji Tata Graduate School of Social Work was the original name of the Tata Institute of Social Science Mumbai when it was founded in 1936. After then, it became known as the Tata Institute of Social Science Mumbai and was approved to become a deemed-to-be university in 1964. 56 courses at the diploma, undergraduate, graduate, and doctorate levels are available at TISS Mumbai. variety of specializations, MBA., Ph.D., and other courses are among the offerings at TISS. Tata Institute of Social Sciences requires students to take the CUET in order to be admitted. However, admission to the Master of Arts in Organization Development, Change, and Leadership and the Master of Human Resource Management & Labour Relations programs was previously determined by CAT scores; however, a recent change specifies that admission to these programs will now be made through CUET. 

17. SIBM Pune 

Since its founding in 1978, SIBM Pune has provided executive training programs in addition to a range of post-graduate degrees in management, innovation, and entrepreneurship. The present campus is situated outside of Pune City near Lavale, Mulshi Taluka. Post-graduation programs offered by SIBM Pune include PGDBM, MBA, Executive MBA, and MBA Innovation and Entrepreneurship.

18. IIFT Kolkata

The Indian Institute of Foreign Trade, or IIFT, is a government agency that operates independently under the Ministry of Commerce & Industry in India. The institute was founded in 1963 and received status as a deemed university in 2002. In 2021, the Indian Institute of Foreign Trade received accreditation from the AACSB.

A range of postgraduate, doctorate, and postgraduate diploma programs in management, economics, international business, commerce, and finance are offered by IIFT Kolkata. Programs including the MBA in International Business, MA in Economics, Ph.D. in Management, Ph.D. in Economics, Executive Post Graduate Diploma in International Business, MBA in Business Analytics, Integrated Program in Management, MBA in International Business (Weekend), MBA in International Business (Online), and several certificate programs in Export Import Management are available at the Indian Institute of Foreign Trade Kolkata.  

19. Indian Institute of Management Shillong

Founded in 2008, the Indian Institute of Management (IIM) Shillong is a public institution with complete autonomy. IIM Shillong is ranked 26th in the management category of the NIRF Rankings 2023. Postgraduate and doctorate degree courses are offered by the college. Courses offered at IIM Shillong include M.B.A., M.B.A. Working Executives, Ph.D., and Ph.D. Working Professionals. The CAT entrance exam is required of applicants to the PG Program in Management and Business Administration at IIM Shillong. IIM Shillong's placement campaign is overseen by a placement cell that is operational.

20. NMIMS, Mumbai

Mumbai's Narsee Monjee Institute of Management Studies (NMIMS) is a private university that opened for business in 1981. In the overall category, NMIMS Mumbai is ranked 88th by the NIRF Ranking 2023. The institute provides a large selection of graduate, postgraduate, and undergraduate courses. B.Tech, BBA, B.Sc., BA, MBA, M.Pharm, Ph.D., and numerous other courses are offered by NMIMS Mumbai. In order to enroll in courses at the Narsee Monjee Institute of Management Studies, students must fulfill the eligibility requirements set forth by NMIMS Mumbai.

A specialized placement department at NMIMS Mumbai helps final-year students land jobs in well-known companies with attractive compensation packages. Among the major employers at NMIMS Mumbai are Aditya Birla, Capgemini, Cognizant, and a number of other companies. 

According to the Indian Institutional Ranking Framework (IIRF), best 20 mba colleges in india are mentioned in this blog. They serve as furnaces for shaping the leaders of the future and for making dreams come true. As you go out on this quest to locate your ideal match, keep in mind that building a future that is exclusively your own is more important than simply earning an MBA. Therefore, do proper research about college before selecting, visit colleges, speak with former students.This is where your journey to join India's management elite starts.

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Top MBA Colleges in India 2024: Rankings, Fees, Admissions, Courses and Placements

Top mba colleges in india include iim-a, iim-b, iim-c, iim-l, iim-k, iim-s (blackis) and fms along with some iits like iit-delhi..

Master of Business Administration better known by its abbreviation MBA is a post-graduate degree that provides professional training along with theoretical knowledge of business management.

There are over 100 MBA Colleges in India, including 64 privately owned, 44 government and 1 publicly privately owned, for full-time MBA courses. Aspirants need to clear the national-level entrance test after their bachelor’s degree to get admitted to the top MBA colleges in India.

Top Ranking MBA Colleges in India

Students who aspire to build their careers in management are always on the lookout for the top MBA colleges in India.

Here is the list of parameters for ranking both Governmental and Privately owned best MBA colleges in India :-

• Performance Records of the last three years
• Return on Investment
• Infrastructure and Faculty
• Teaching Learning Resources and Pedagogy Research
• Industry Income and Integration
• Placement Strategy and Support Future Orientation
• External Perception and International Outlook

The list serves the purpose of a helping guide to choose your College based on your preference, and needs and on the personal basis of MBA colleges near me .

List of Top Government MBA Colleges 

The top MBA colleges in India under the government include Colleges affiliated with the Indian Institute of Management (IIM) such as IIM Ahmedabad, IIM Kozhikode, IIM Bangalore, etc. Aspirants mostly aspire to the top MBA colleges in India owned by the government for their affordable fees, better placement performances and highly appreciated academic curriculum.

The top 10 MBA colleges in India are also categorized as tier 1 MBA Colleges in India as per their excellence in the areas of infractures, academics, faculty, research, placement and presence on National and International Platforms. These are the best colleges for MBA , IIT and private colleges like XLRI.

Here is the list of public top 20 MBA colleges in India based on their NIRF rankings of 2023:-

• IIM Ahmedabad
• IIM Bangalore
• IIM Kozhikode
• IIM Calcutta
• IIM Lucknow
• NITIE Mumbai
• MDI Gurgaon
• IIT Kharagpur
• IIM Udaipur
• IIT Roorkee
• IIM Kashipur
• IIM Tiruchirappalli

List of Top Private MBA Colleges in India

There are over 60 privately owned top MBA colleges in India , some of which are widely popular for their academic excellence and placement strategies & support. Aspirants can apply to these MBA Colleges based on entrance tests like CAT, MAT, XAT, CMAT, etc.

Here is the list of top NIRF-ranked private top MBA colleges in India :-

• Indian School of Business (ISB), Hyderabad
• XLRI – Xavier School of Management, Jamshedpur
• SP Jain Institute of Management and Research (SPJIMR), Mumbai
• Management Development Institute (MDI), Gurgaon
• Great Lakes Institute of Management, Chennai
• Narsee Monjee Institute of Management Studies (NMIMS), Mumbai
• Symbiosis Institute of Business Management (SIBM), Pune
• Institute of Management Technology (IMT), Ghaziabad
• International Management Institute (IMI), New Delhi
• Xavier Institute of Management (XIMB), Bhubaneswar
• T.A. Pai Management Institute (TAPMI), Manipal
• ICFAI Business School (IBS), Hyderabad
• Institute for Financial Management and Research (IFMR), Chennai
• Symbiosis Centre for Management and Human Resource Development (SCMHRD), Pune
• Alliance School of Business, Bangalore
• FORE School of Management, New Delhi
• Institute of Rural Management Anand (IRMA), Anand
• Welingkar Institute of Management Development & Research, Mumbai
• KJ Somaiya Institute of Management Studies and Research, Mumbai
• Institute of Management Studies (IMS), Ghaziabad

Top MBA Colleges in India Fees 

The fee structure of the top MBA colleges in India is based on the Institute ranking,  Pedagogy, Extracurricular Activities and the courses they’re offering. MBA fees in India range from Rs. 20,000 to over INR 50 lakhs for a full 2-year offline program. The fee varies from Institute to Institute, also depending on the private or public ownership. 

The government-funded top MBA colleges in India are renowned for their Academic Curriculum and offer of Budget-Friendly courses. While privately owned MBA Colleges are more expensive.

Here is the list of top MBA colleges in India, Courses Offered and their Fees:-

Top MBA Colleges in India with Low Fee

For the convenience of aspirants, here is the list of top MBA colleges in India that charge low and affordable fees with good placement opportunities. 

How to take Admission to Top MBA Colleges?

Masters in Business Administration is one of the most preferred post-graduate degrees for aspirants who want to learn management and professional skills. There are several national and state-level entrance tests to seek admission to the top MBA colleges in India . The minimum eligibility criteria for all the entrance exams are:-

• The aspirants must have scored above 50% in their under-graduation.
• Aspirants of reserved categories have a minimum eligibility of 45%.
• They must have passed any entrance test from the list such as CAT, MAT, NMAT, XAT, etc. To seek admission to the top MBA colleges in India.

Here is the list of the most popular entrance tests:-

Common Entrance Test (CAT)

CAT is the most popular entrance test for management aspirants taken by over 2 lakh annually. This test allows admission to the prestigious government top MBA colleges in India such as the Indian Institute of Management and the Indian Institute of Technology (Management Department).

CAT is a computer-based test for admission to graduate management programs. CAT registration for the academic year 2024 will likely open in August and the exam is likely to be held in November this year. CAT has three sections, each section is timed for 40 minutes, making for a total exam duration of 2 hours:-

• Verbal Ability and Reading Comprehension (VARC)
• Data Interpretation and Logical Reasoning (DILR)
• Quantitative Ability (QA). 

Best MBA Colleges Without CAT Exam: How to Get Direct Admission

Learn more ↗

Xavier Aptitude Test (XAT)

XAT, similar to CAT, is a national-level entrance test for admission in MBA colleges’ MBA/PGDM courses, conducted by  XLRI, Jamshedpur. Other than Xavier School of Management, 12 more affiliated institutes with XLRI and 160+ B-schools accept XAT examination scores for the admission process.

It is also an MCQ-based examination with a total of 3 sections & with sum marks of 100:-

• Verbal and Logical Ability carries 26 marks
• Quantitative Ability & Data Interpretation carries 28 marks 
• General Knowledge carries 25 marks

Common Management Admission Test (CMAT)

CMAT is an online national-level examination conducted by the National Testing Agency (NTA) every year to facilitate institutions to select suitable students for admission in all management programmes approved by AICTE. Registration for this year’s entrance test was open from 29 March-23 April 2024 and the exam is likely to be held on 15 May 2024.

Management Aptitude Test (MAT)

MAT is the Computer-based standard aptitude test conducted by the All India Management Association since 1988. MAT is conducted four times a year in February, May, September, and December. The MAT scores are valid for admission in over 600 MBA Colleges in India.

The MAT examination question paper 2024 consists of five sections such as:-

• English Language
• Mathematical Skills
• Critical Reasoning
• Data Interpretation
• General Awareness

Narsee Monjee Aptitude Test (NMAT)

NMAT is an entrance test conducted by the Graduate Management Admission Council (GMAC) for admission in MBA/PGDM courses in top B-Schools of India and abroad. NMAT includes 3 exam sections: Language Skills, Quantitative Skills, and Logical Reasoning. The registration window of NMAt was open from 1 Aug 2023–10 Jan 2024 and the last exam was conducted between 10 Oct 2023–15 Jan 2024.

What are the Major Career Options after an MBA?

The career options after an MBA are multiple, giving all graduates a strong platform for leadership positions and business ventures ↗

Top MBA College Placements in India

In recent years, IIMs, IIT, FMS, SPJIMR, Taxila Business School, Great Lakes, and IBS have topped the placement records. With the highest package of around INR. 32 LPA offered by companies in IIM Ahmedabad and IIM Bangalore.

The top recruiters of MBA graduates are Amazon, Apple, Bain & Company, Deloitte, Facebook, Boston Consultancy, TCS, Axis Bank, Larsen & Toubro, Amazon, Sunsilk Accenture, etc.

Here is the list of top placement-wise top MBA Colleges in India :-

Masters of Business Administration is a multi-disciplinary postgraduate program that attracts many students to the field of management and business. Several top MBA colleges in India provide quality education and instil management skills in students such as leadership, teamwork, communication, self-sufficiency, and negotiation. The new Executive MBA degree and Online MBA degrees have also gained popularity among youth owing to flexibility.

The college group of Indian Institutes of Management ranks highest in the list of government top MBA colleges in India . There are also several other government and privately owned MBA colleges that offer part-time, full-time, and distance MBA courses to suit the convenience of aspirants.

The admission process for MBA colleges includes online entrance tests like CAT, XAT, MAT, and others mentioned above. The average percentile for admission to IIMs is 90-92%, depending on the institute and the course.

There are several MBA courses to choose from such as  Finance, Marketing, Human Resource Management, International Business, Rural Management, Business Analytics, Supply Chain, Agri-Business Management and Health Care Management. 

Job profiles after an MBA include Finance Manager, Marketing Manager, Sales Manager, Human Resources Manager, etc., with an average salary for MBA graduates ranging from around INR 5 LPA to INR 25 LPA.

All these factors make MBA a dynamic career option for students after undergraduate studies.

MBA (Master of Business Administration) Course

Q1. How can I do an MBA in top colleges in India?

To pursue an MBA in India, students need to qualify for entrance exams such as CAT, XAT, NMAT, etc., and then seek admission in management institutes such as IIM, IIT, XLRI, or any other reputable institution.

Q2. What are the best MBA colleges in Hyderabad?

There are around 250+ MBA colleges in Hyderabad including both private and public owned. ICFAI Foundation for Higher Education, the Institute of Management Technology, and the University of Hyderabad are some of the best MBA colleges in Hyderabad .

Q3. What are the best MBA colleges in Delhi?

The capital city of Delhi and Delhi NCR have around 15+ MBA colleges. FMS, MDI Gurgaon, IIT Delhi, IMI Delhi and LBSIM are the best MBA Colleges in Delhi and Delhi NCR.

Q4. What are the top MBA Colleges in Bangalore?

There are 7 top MBA Colleges in Bangalore , including IIM Bangalore, Christ University, Jain Deemed to be University, Alliance University, Welingkar Bangalore, St. Joseph’s Institute of Management and others.

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Graduate Campus Hiring Program 2024-25

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Registrations for the program start from 3 rd July, 2024.

Last date to apply is 14 th July, 2024

Candidates graduating in 2026 with a non-engineering Bachelors degree

Bengaluru, Hyderabad

The Graduate Campus Hiring Program provides a distinguished opportunity to begin career in the financial industry. It provides a platform to discover, engage and recruit top talent from graduate (non-engineering) campuses across India, while shaping the careers of young professionals through innovation and excellence.

This program offers upskilling and professional development opportunities through structured sessions and networking with our senior leaders enabling participants to gain invaluable insights and skills. Candidates would also go through multiple rounds of assessments that would test them on various skills like aptitude, communication skills etc.

Candidates who qualify through the process will be offered a summer internship role at Goldman Sachs, India. Candidates will then be required to confirm their acceptance and signoff from the placement process.

Program Timelines:

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• Registrations:  3 rd July, 2024 – 9:00am IST to 14 th  July , 2024 – 11:59pm IST
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QS Executive MBA Rankings 2024: IIM Bangalore Ranks 1st In India, 41st Globally

Curated By : Education and Careers Desk

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Last Updated: July 18, 2024, 16:08 IST

Delhi, India

Six business schools of India have made it to the QS rankings.

Executive MBA is a popular management course among working professionals.

Management degree aka MBA is considered a guarantee of a great salary and a good job. Working professionals can also do MBAs along with their jobs. For this, there is an executive MBA course. Global education analyst Quacquarelli Symonds has released the QS Executive MBA Rankings for 2024. It provides information about the best executive MBA colleges in the world. According to the QS Executive MBA Ranking 2024, Indian Institute of Management (IIM) Bangalore is the number-one management college in India to offer this course. Its global ranking is 41st and first in India. QS has released a list of 194 best management colleges in 45 countries that offer executive MBAs. Six business schools in India have made it to the list. The Indian School of Business is ranked second in India. Its rank has come down compared to last year. The last rank was 100. This time, it has come in the range of 101–110.

Top Executive MBA Colleges in India:

1. IIM Bangalore: 41

2. Indian School of Business: 101-110

3. IIM Kozhikode: 171-180

4. IMT Ghaziabad: 171-1805

5. IIM Indore: 181+

6. Woxsen School of Business: 181+

QS Executive MBA Rankings 2024 Global:

1. Oxford (Said)

2. IESE Business School

3. HEC Paris

4. MIT (Sloan)

5. London Business School

6. Penn (Wharton)

7. Northwestern (Kellogg)

8. Yale School of Management

10. IE Business School

Earlier, IIM Bangalore was ranked as the best Indian institute for its executive MBA program. The IIM also got 39th place globally in the latest edition of the QS Executive MBA Rankings. While IIM-B has continued to maintain its position in India, there is a drop in its performance as compared to last year. In 2020, IIM-B had attained the 36th rank globally by scoring 63.6 points.

Last year, India had two entries in the global top 100; however, this year only one institute could make it to the list. Indian School of Business has maintained its second position in India; however, its global rank has dropped from the 50th spot in 2020 to the 101–110 band this year.

In the Asia-Pacific category, IIM-B attained the 10th spot, leading the pack from India. IIM-Kozhikode and ISB jointly got the 16th spot in the sub-category.

Find out which MBA specialisation is best and in demand for 2025, considering evolving industry needs and career advancement opportunities

Which MBA Specialisation is Top in Demand for 2025?

Choosing the right MBA specialisation can significantly impact your career trajectory and financial success. As you consider which MBA specialisation is best, it's important to stay informed about current trends and demands in the business world. 

In India, the MBA market is expected to reach INR 4.85 billion by 2027, growing at a CAGR of 13.70% from 2022 to 2027.

In 2025, the demand for specialised MBA programs is rising as industries evolve and new fields emerge.  This guide explores the top MBA specialisations in demand for 2025 and provides insights to help you make the best choice that aligns with your career aspirations.

What is MBA Specialisation?

An MBA specialisation refers to a focused area of study within a Master of Business Administration (MBA) program that allows you to gain in-depth knowledge and skills in a specific field. 

While a general MBA provides broad knowledge across various business disciplines, an MBA specialisation focuses on one particular area, making you an expert in that domain.

Here are some examples of top MBA specialisations that we will discuss in detail in the upcoming sections.

• MBA in Finance
• MBA in Entrepreneurship
• MBA in Marketing
• MBA in Data Analytics
• MBA in Human Resources
• MBA in  Healthcare Management
• MBA in Supply Chain Management
• MBA in International Business

Top 10 MBA Specialisations for 2025

The demand for graduates with an MBA in specialised fields continues to grow, with 92% of corporate employers aiming to hire new MBA graduates.

Whether you're looking to switch careers, accelerate your career growth, or start your own business, an MBA specialisation can provide you with the skills and knowledge required to succeed in today's competitive job market.

Top management institutions in India offer more than 30 MBA specialisations from which you can choose. So, which MBA specialisation is best for you? 

Let's dive in and explore the top 10 in-demand MBA specialisations for 2025.

1. MBA in Finance

Growing Financial Services Sector: The financial sector is ever-expanding, creating a constant demand for financial management professionals. This specialisation prepares you for various roles in corporate finance, investment banking, and financial planning.

Core Subjects: 

• Corporate finance
• Risk management 
• Investment analysis
• Financial reporting

Here are some of the popular job profiles and salary expectations for an MBA in Finance.

Also Read: How to Become an Accounting Manager With an MBA in Finance

2. MBA in Entrepreneurship

Opportunities in the Startup Ecosystem: Entrepreneurship provides the skills and knowledge necessary to start and manage your own business or innovate within an existing organisation.

Creating Jobs and Fostering Economic Growth: Entrepreneurs play a critical role in job creation and economic development.

Core Subjects:  

• Startup management
• Innovation strategies
• Business planning
• Venture capital

Here are some of the top job profiles and salary expectations for an MBA in entrepreneurship.

3. MBA in Marketing

Utilisation of Marketing Technology Tools: When considering which MBA specialisation is best suited for your career, you can also go for an MBA in marketing, as it is one of the most sought-after MBA specialisations.

The marketing field is increasingly driven by digital tools and data analytics, requiring specialised skills to engage and influence consumers effectively.

• Consumer behaviour
• Digital Marketing 
• Brand management
• Market research

Here are some popular job and salary prospects for an MBA in Marketing.

4. MBA in Data Analytics

Pursuing an MBA in Data Analytics from top Indian institutions such as IIM Bangalore and ISB can offer you a plethora of job opportunities in various sectors such as marketing, IT sector, banking and more. 

This program combines the traditional MBA curriculum with advanced data analytics tools, techniques, and methodologies to equip you with the skills to extract insights from data and drive business growth.

• Business intelligence, 
• Data Analytics
• Predictive modelling
• Data visualisation

Job Prospects and Market Growth: Career options include data analysts, business intelligence managers, and data consultants, with growing opportunities across various industries.

Here are some popular job roles and salary prospects for an MBA in Data Analytics.

5. MBA in Human Resources

Value of Human Capital in Organisations: An MBA in Human Resources (HR) is a popular and valuable specialisation that prepares you for managing an organisation’s most critical asset: its people. 

This specialisation provides you with the skills and knowledge to attract, develop, and retain talent, ensuring that the organisation functions efficiently and effectively.

• Organisational behaviour
• Talent management
• Employee relations
• Strategic HRM

Here are some top job roles and salary expectations for an MBA in Human Resources.

6. MBA in Pharma & Healthcare Management

Rapid Growth in the Healthcare Industry: The healthcare sector is expanding, creating many opportunities for professionals with specialised management skills.

Core Subjects:

• Healthcare management 
• Healthcare policy 
• Healthcare economics
• Pharmaceutical management

Here are some prominent job roles and salary prospects for an MBA in Healthcare Management.

7. MBA in Supply Chain Management

E-Commerce and Online Shopping Growth: With the rise of e-commerce, efficient supply chain management is more critical than ever.

An MBA in Supply Chain Management is a sought-after specialisation that focuses on the efficient management of the flow of goods, services, and information from suppliers to customers. This specialisation equips you with the skills to optimise supply chain processes, reduce costs, and improve overall business performance.

• Logistics management
• Supply chain strategy, 
• Procurement and Technology in supply chains

Here are some popular job roles and average salaries for MBA in Supply Chain Management.

8. MBA in International Business

Interconnected Global Economy: With businesses increasingly operating across borders, having a global perspective is crucial.

This specialisation prepares you to understand and manage the complexities of operating in different countries and cultures, making it ideal for careers in multinational corporations and global enterprises.

• International business strategies 
• Cross-cultural management 
• Global Marketing
• International Finance

Career Opportunities in Multinational Companies: Graduates can work as international business managers, global strategy consultants, export managers, and international trade specialists.

Here are some top job profiles and average salaries for an MBA in International Business.

9. MBA in Corporate Social Responsibility 

Sustainable Business Practices: CSR promotes sustainability by encouraging businesses to adopt eco-friendly practices and reduce their environmental footprint.

An MBA in Corporate Social Responsibility (CSR) focuses on the intersection of business practices and societal impact. This specialisation prepares you to lead and implement CSR initiatives that promote sustainable and ethical business practices.

• Sustainability Management
• Ethics and Corporate Governance
• Social Impact Assessment
• Environmental Management

If you are considering which MBA specialisation is best for you, then have a look at some prominent job profiles and salary prospects for an MBA in Corporate Social Responsibility (CSR).

10. MBA in Information and Technology (IT)

Digital Transformation: IT is at the forefront of digital transformation, enabling businesses to innovate, improve efficiency, and stay competitive.

An MBA in Information and Technology (IT) combines business management skills with in-depth knowledge of information technology. This specialisation prepares you to lead IT departments, manage technology projects, and drive digital transformation initiatives.

• IT Management
• Cybersecurity
• Digital Innovation

If you are considering which MBA specialisation is best for you, then have a look at some prominent job profiles and salary prospects for an MBA in Information and Technology (IT).

Why Pursue an MBA Specialisation in 2025?

In today's fast-paced and competitive business world, a general MBA degree is no longer enough to stand out. Employers are looking for professionals who possess specialised skills and knowledge that can drive business growth, innovation, and success. 

Pursuing an MBA specialisation in 2025 can be a game-changer for your career, providing you with a unique edge in the job market and opening doors to new opportunities.

Moreover, as an MBA graduate in a specialised field, your annual salary package can be as high as INR 70-100 lakh per annum, depending on many factors like experience, skills, and the business college you have graduated from.

Which MBA Specialisation is Best for You?

When considering an MBA specialisation, it's essential to choose one that aligns with your career goals and interests. Here are five compelling reasons to pursue an MBA specialisation.

1. Career Advancement Opportunities

Pursuing an MBA specialisation opens doors to senior management roles and leadership positions. Specialised knowledge and skills set you apart from general MBA graduates, making you a valuable asset to employers. 

With a specialisation in a high-demand area like data analytics or digital marketing, you can accelerate your career growth and reach the top echelons of your organisation.

2. Higher Salary Trajectories

Specialised MBA graduates often command higher salaries due to their in-depth knowledge and expertise in specific fields. 

Industries are willing to pay a premium for professionals who can bring specialised skills to their organisations. For instance, an MBA specialisation in finance or consulting can lead to higher salary trajectories and greater earning potential.

3. Development of Digital Capabilities and AI Knowledge

With the rise of digital transformation and artificial intelligence (AI), MBA programs focusing on these areas are in high demand. 

Specialising in digital capabilities and AI equips you with advanced skills crucial for the future of business and can make you a highly sought-after professional.

4. Access to International Business Hubs

When considering which MBA specialisation is best for your career, think about the global opportunities that come with it. An MBA specialisation can provide opportunities to work in international business hubs, such as New York, London, or Singapore. 

This global exposure enhances your professional network and broadens your career prospects. Whether you're interested in working in finance, consulting, or technology, an MBA specialisation can open doors to international opportunities.

5. Growth in Strategic and Interpersonal Skills

When deciding which MBA specialisation is best for your career growth, consider the skills you need to develop to become a successful leader. MBA specialisations often include coursework that hones strategic thinking and interpersonal skills. 

By pursuing an MBA specialisation, you can develop the skills and knowledge required to drive business growth, build strong relationships, and lead high-performing teams. 

Top Indian Institutions Offering MBA Specializations

Did you know that approximately 3,00,000 students want to secure seats in India’s top management institutes every year?

India is home to several prestigious institutions offering MBA programs with various specialisations. With a number of specialisations to choose from, it's essential to select the right one that aligns with your interests, skills, and career goals. 

Here are the top Indian institutions offering various MBA specialisations to help you decide which MBA specialisation is best for you.

Sure! Here's the information in a vertical table format:

These tuition fees are approximate and can vary depending on the specific program and any additional costs. Always check with the institution for the most accurate and updated fee structure.

Also Read: MBA Course Fees 2025: Government & Private College Fees

When considering which MBA specialisation is best for you, it's essential to evaluate your interests, career goals, and the current market trends. The need for specialised MBA graduates will only grow as sectors continue to change, giving you the advantage you need to succeed in the job market of today. 

Whether you are looking to excel in finance, entrepreneurship, marketing, data analytics, human resources, healthcare management, or information and technology, there is an MBA specialisation that aligns with your career aspirations and market demands.

So, which MBA specialisation is best for your career growth? By carefully considering your options, you can make an informed decision that will set you on the path to professional success and personal fulfilment. 

Ready to take the leap toward your educational goals without financial worries? Propelld is here to support you with our student-friendly loan options. Eliminate the burden of financial stress and embrace a brighter academic future. Discover how Propelld can help you achieve your dreams. Contact us today!

Read Next: Education Loan for MBA - Eligibility and Interest (2025)

Which MBA Specialization is Best in India for 2025?

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No collateral low-interest education loan, get approved for education loan faster than banks, faqs about which mba specialisation is best, which mba specialisation is best for a career in finance .

For a career in finance, an MBA in Finance or Financial Management is considered one of the best MBA courses. It can lead to high-paying job roles like Investment Banker, Financial Analyst, or Portfolio Manager.

What are the highest-paying MBA specialisations in India? 

According to recent trends, MBA specialisations like Data Analytics, Digital Marketing, and Business Analytics are among the highest-paying MBA specialisations. They offer salaries ranging from INR 4 - 10 lakhs per annum.

Which MBA specialisation will be best for entrepreneurs in the future? 

For entrepreneurs, an MBA in Entrepreneurship or Innovation Management is considered one of the best MBA courses. It can equip you with the skills and knowledge required to start and grow a successful business.

What is the best MBA specialisation for a career in human resources? 

For a career in human resources, an MBA in Human Resources or Organisational Development is considered one of the best MBA courses. It can lead to job roles like HR Manager, Talent Acquisition Manager, or Organisational Development Manager.

Which MBA specialisation is best paid for in the healthcare industry? 

In the healthcare industry, an MBA in Healthcare Management or Pharmaceutical Management is considered one of the highest-paying MBA specialisations. It can lead to job roles like Hospital Administrator, Healthcare Consultant, or Pharmaceutical Manager.

What are the best MBA courses for a career in international business? 

For a career in international business, an MBA in International Business or Global Management is considered one of the best MBA courses. It can provide you with the skills and knowledge required to succeed in a global business environment.

Which MBA specialisation is best for data analytics? 

For a career in data analytics, an MBA in Data Analytics or Business Analytics is considered one of the best MBA courses. It can lead to job roles like Data Analyst, Business Analyst, or Data Scientist.

Which MBA specialisation is best for the stock market?

For a career in stock marketing, an MBA in Finance Marketing or Digital Marketing is considered one of the best MBA courses. It can lead to job roles like Marketing Manager, Finance Manager, or Digital Marketing Manager.

Which MBA specialisation will be best for supply chain management in the future?

For supply chain management, an MBA in Supply Chain Management or Logistics Management is considered one of the best MBA courses. It can equip you with the skills and knowledge required to succeed in a rapidly changing supply chain environment.

Which MBA specialisation is best for the IT industry?

In the IT industry, MBA specialisations like Information Systems, Technology Management, or Data Analytics are among the highest-paying MBA specialisations. They offer salaries ranging from INR 11-34 lakhs per annum.

Which MBA specialisation is best for a career in corporate social responsibility? 

For a career in corporate social responsibility, an MBA in Corporate Social Responsibility or Sustainability Management is considered one of the best MBA courses. It can provide you with the skills and knowledge required to develop and implement socially responsible business practices.

How do I decide which MBA specialisation is best for me? 

To decide which MBA specialisation is best for you, consider your interests, career goals, and the current market trends. Research the job market, salary prospects, and growth opportunities in each specialisation before making an informed decision.

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

Waqar Niyazi

Content Curator

Doctorate in Philosophy in Finance or simply PhD in Finance is a doctorate course that is offered by several top institutes or Universities in India .It is a research-oriented course that offers the candidates deeper insight to the concepts of finance and also enables them to undertake research in relevant fields.

The minimum time frame to complete the course is 3 years which can be extended up to and not more than 5 years.

In order to pursue a PhD in Finance, one must clear either of the entrance examinations held at the national and university level followed by several rounds of interviews. The candidates also need to pass their relevant masters degree with a minimum aggregate score of 55% or more. Some of the popular entrance tests for admission into PhD in Finance programs are UGC NET, GATE , NMIMS etc. The average course fee ranges between INR 2000 -INR 5,00,000

PhD Finance syllabus deals with the advanced study of Valuation of Shares, Privatization and Globalization, Meaning and definition of Business Environment, Cost and Management Accounting, Industrial Growth and Structural Changes, etc

Some of the top PhD Finance Colleges are IIT Madras,Indian Institute of Foreign Trade, New Delhi, and many more. IIMs offer doctoral programs under the name of Fellow Program in Management or commonly referred to as the FPM.

PhD in Finance: Course Highlights

The following are the list of course highlights that the aspirants must keep in mind about opting for PhD in Finance 

PhD in Finance: What is it About?

• A PhD in Finance is a research-driven course which leads to an advanced-level academic and research career in Finance and economic studies.
• Those who wish to seek admission to the course must possess skills like - analytical, logical, managerial and leadership skills.
• Finance is basically the study of Accounting, Economics, Financial Management and any such related fields.
• PhD in Finance students are trained in topics like Statistics, Investments, Economics and Corporate Finance Theory.
• The students also get to explore various markets and financial products in their course curriculum.
• PhD in Finance is a research-related course that is especially meant for a research-based career or an academic career
• While most institutes require the candidates to already have a Master's in Business Administration , some of them admit students to PhD in Finance directly after completing their bachelor’s. .

Why Study a PhD in Finance?

A PhD in Finance course can give you multiple career opportunities and will lead you to a bright and prosperous future. Those who wish to seek a job in the academic sector (i.e. lecturer or research fellow in b-school) absolutely need this degree.

Some of the main reasons as to why one should choose to pursue a PhD in Finance are as follows :

• High Salary - The average salary earned by a PhD in Finance graduate ranges between INR 4 LPA- INR 8 LPA. This salary increases on the basis of experience, according to the website Pay Scale the average salary of a PhD in Finance graduate is around INR 12,50,000 PA. Apart from these the aspirants are offered perks and other benefits such as DA, Provident Funds, Travelling expenses and medical insurance.
• Career Options - The students may pursue either an academic or an industrial career upon completion of the course. Both the career options are equally prosperous. In the academic career they have the option to pursue the career option as that of a professor, lecturer or associate professors. In the industrial sector they have the option to pursue a career as a Market research analyst, Investment bankers, etc.
• Job Security - Most of the PhD Finance graduates tend to work in academia that provides tenure and job stability. In the case of industrial jobs they are mainly hired in top level positions mainly as consultants are considered to be stable and have lower attrition rate.
• Financial Management - It helps the student to know about various important topics related to Finance. Learning techniques regarding the complete organization of money in businesses and banks is a part of the course curriculum.
• Financial Understanding - Those who pursue a PhD in Finance or Economics tend to clearly see today’s global financial problems and help to rectify the flaws.
• Opportunity to Turn Entrepreneur-  Candidates who have completed their PhD in Finance have the opportunity to turn entrepreneur. Candidates can pursue a career as a part time professor in several government and private colleges. Also they can set up their own business and provide consultations to the various individuals or companies.

Who Should Study PhD in Finance? 

• Aspirants who want to pursue a career in finance, can pursue a PhD in Finance course
• Candidates who want to pursue a career as a professor should pursue the course.
• Candidates who have completed their PG courses in elevant streams such as MBA Finance , MCom Finance can opt for the PhD in finance for better career prospects. 
• Candidates who are working professionals can opt for this course for better career options. However, the candidates must have the relevant qualifications.
• Candidates who want to pursue a career as an associate professor or lecturer can also opt for the course.
• Candidates who want to pursue a research based degree should opt for the PhD in Finance course.

PhD in Finance Admission Process

Students are admitted to PhD in Finance on the basis of entrance test score and their performance in the personal interview. Although the admission process for PhD in Finance is different for most of the universities, the candidates are expected to appear for the admission process which comprises Written Entrance Exam and Personal Interview.

Let us discuss the admission process in much more detail so that you can have a clear idea about the admission process.

PhD in Finance Eligibility

The PhD in Finance candidates will have to fulfil the following eligibility criteria:

• The students must complete his/her post-graduation in courses like Accountancy, Economics or Mathematics from a recognized university. Candidates from the MBA Finance Stream are also eligible for the application to the PhD in Finance Course.
• The student must also have a minimum of 55% marks in their post-graduation course. A relaxation of 5% marks is given to the SC/ ST/ OBC/ PwD candidates.
• There is no upper age limit for application to the PhD course. 

PhD in Finance Admission

• Step 1: Registration- The candidates are required to visit the entrance examination authorities website and register themselves with a email or phone number and develop a login ID 
• Step 2: Fill the application form - The students will have to fill up the application forms of the respective institutes from where they would like to pursue their PhD in Finance. The application forms can be filled up online. The candidates are required to provide the detail of their preferred entrance exam cities and also provide the necessary academic details 
• Step 3: Upload the various documents- The candidates are required to upload the various documents in preferred size and format. The candidates are then required to pay the application fees and take out a receipt for future reference.
• Step 4: Appear for the entrance test - Candidates required to appear for the entrance examination.. Different Universities conduct their own admission tests. Based on their performance in the entrance test, the students are called for the interview.
• Step 5: Appear for the interview - After the results of the entrance test are declared, the selected students are called for an interview. The interview may take place in multiple rounds. The candidates are required to provide a presentation of their thesis and the areas where they will work during their PhD study. 
• Step 6: Admission to the college - The students who clear the interview will be called for further admission procedure and they will be allowed to take admission to that respective university.

Note: applicants are advised to keep a tab on the university websites and newspapers for all the latest updates regarding admission.

PhD in Finance Entrance Exam 

Most universities offering PhD Finance in India, conduct an entrance test for admitting students to the course. Only those who successfully clear the entrance examination are later asked to appear for an interview.

Although a huge number of institutions in India offer admission into PhD through their own selection tests, most universities offer acceptance into the program through the GATE Entrance assessment and UGC NET. A few popular entrance tests for the PhD in Finance course are as follows:

UGC NET Exam : The National Eligibility Test (NET) is conducted twice a year. The examination is conducted in 84 subjects.

RMAT : AIMA and Aligarh Muslim University admit PhD students based on their performance in Research Management Aptitude Test (RMAT). AIMA has decided to conduct the exam in June end of this year.

SIU PET Exam : Symbiosis International University PET Exam is conducted for admission into the PhD programs offered by Symbiosis International University. The examination is held in June.

JNU PhD Entrance Exam : Jawaharlal Nehru University accepts the PhD students on the basis of the marks acquired by them in the entrance test. The examination is conducted in the month of June.

GTU PhD Entrance Exam : Gujarat Technological University (GTU) conducts an entrance test for admitting the PhD students. The application forms can be filled until July and the examination is held in August.

How to Prepare for the entrance test?

In order to score well in the entrance test, a candidate must prepare accordingly for the examination. Since a PhD is considered as the highest degree attestation, the applicants may need special educational training to crack the exam.

Here are a few points that you must keep in mind while you are preparing for the test.

• Go through all the major topics that are included in the syllabus.
• Try to find the weightage of the different subjects and prepare a time table accordingly.
• Donate more time to the tougher chapters and try to revise all the topic covered during the week on Sunday 
• Don’t forget to practise loads of questions once you are done with the syllabus.
• Try to practice the questions from the previous years.
• Appear for the online Mock tests. Try to use the internet to learn about the various shortcut methods so that you can save time in the entrance examination. 

Furthermore, those who wish to ace the test, must possess an in-depth knowledge of Finance and Accounting subjects.

How to get admission in a good college?

Getting admission to a very good college isn’t a cakewalk and students must prepare well in advance in order to be selected. So, here are a few things that you must remember if you wish to get admitted to a good college -

• You must possess a reasonably good score in their postgraduate degree. A minimum 55% score is expected.
• If your college conducts an interview round, then you must be well prepared for it.
• You must be well aware of the type of questions that are frequently asked in an interview.
• A very good score in the entrance test will increase your chances of getting admitted to a good college.

Also, interested candidates must have an idea about the placement scenario and the facilities offered by the college to the students.

PhD in Finance Syllabus

The course prepares its students about the challenges faced in multinational and MSME companies. A unit-wise breakdown of the course structure is mentioned below -

Unit 1 – Business Environment

• Second Generation reforms
• Privatization and Globalization
• Planning Policy
• Meaning and definition of Business Environment
• Liberalization
• Legal Environment of Business in India
• Industrial Policy
• Industrial Growth and Structural Changes
• Environment protection
• Economic Policy
• Consumer Protection
• Competition Policy

Unit II – Financial and Management Accounting

• Valuation of Shares
• Responsibility Accounting
• Ratio Analysis
• Partnership Accounts
• Liquidation
• Financial Statements
• Cost and Management Accounting
• Capital and Revenue
• Basic Accounting Concept
• Advanced Company Accounts

Unit III – Business Economics

• Sampling Errors
• Utility analysis
• Price determination in different Market Situations
• Nature and Uses of Business Economics
• Laws of Variable Proportion
• Laws of Returns
• Elasticity of Demand
• Demand Analysis
• Concept of Profit and Wealth Maximization

Unit IV– Business Statistics and Data Processing

• Data Processing
• Data Collection and Analysis
• Correlation and Regression
• Computer Application to Functional Area
• Analysis and Interpretation of data

Unit V– Business Management

• Principles of Management
• Planning Process
• Organizational Culture and Structure
• Leadership and Control
• Decision Making
• Business Ethics and Corporate Governance

Unit VI– Marketing Management

• Product decision
• Pricing, Distribution and Promotion
• Marketing Planning
• Marketing Mix
• Marketing Environment
• Evolution of Marketing
• Concepts of Marketing

Unit VII– Financial Management

• Working Capital Management
• Financial and Operating Leverage
• Dividend Policy
• Cost of capital; Capital Budgeting
• Capital Structure

Unit VIII– Human Resource Management

• Training and Development
• Succession Planning
• Role and Functions of HRM
• Recruitment and Selection
• Performance Appraisal
• Industrial Relations
• HR Planning
• Compensation

Unit IX – Banking and Financial Institution

• Reserve Bank of India
• NABARD and Rural Banking
• Importance of Banking to Business
• Types of Banks
• Development of Banking
• Banking Sector Reforms in India

Thus, it's visible that the syllabus for the course includes topics that require the student to have a solid quantitative foundation, along with critical thinking, problem solving and communication abilities. The below-mentioned table lists the important books that cover advanced PhD in Finance topics -