PCACS Ph.D Business Economics: Fees 2026, Course Duration, Dates, Eligibility

Panvel, Navi MumbaiEstd 1998 Mumbai University, Mumbai NAAC Grade A
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The Ph.D. in Business Economics at PCACS, New Panvel, Navi Mumbai is a full-time doctoral research programme offered through the Pillai College Ph.D. Research Centre, affiliated to the University of Mumbai. The programme is designed for candidates who wish to pursue advanced research in areas such as macroeconomics, microeconomics, development economics, international economics, and business-related economic analysis. The minimum duration of the programme is 3 years, with a total intake of 5 seats per admission cycle. PCACS, accredited with NAAC 'A' Grade in all three cycles and holding autonomous status since 2019, provides a structured research environment with dedicated research facilities, a well-stocked library, and experienced research guides. The programme is popular among working professionals and academics seeking to advance their research credentials in the field of economics.

Admissions for the 2026-27 batch have been closed (application deadline was 25th February 2026, with interviews held on 22nd March 2026). The next admission cycle for 2027-28 is expected to be announced in early 2027, typically between January and February, based on the pattern of previous years. Candidates are advised to monitor the official PCACS website (pcacs.ac.in) for the next advertisement.

Key Points

  • The Ph.D. in Business Economics at PCACS is conducted under the University of Mumbai's Ph.D. regulations (UGC Regulations 2022), ensuring the degree is nationally recognised.
  • The programme requires candidates to clear UGC-NET/CSIR-JRF/SET or the University of Mumbai's Ph.D. Entrance Test (PET) as a mandatory eligibility condition.
  • Admission involves a Research Advisory Committee interview where candidates must present a research proposal in PowerPoint format (maximum 10 slides), making it a rigorous selection process.
  • The research centre offers specialisations in Business Policy & Administration, Accountancy, Business Economics, Management Studies, and Biotechnology, providing a multidisciplinary research environment.
  • PCACS has an active research culture with faculty publications, a dedicated PCACS Research Journal, and participation in national and international conferences.

PCACS Ph.D. (Business Economics) Fees

Fee Components

Fee ComponentAmount (INR)
Application Processing Fee (Non-Refundable)₹2,000
Ph.D. Research Centre Fees (per year, payable after selection)Contact college for details
University of Mumbai Ph.D. Registration FeesAs per University norms
  • The application processing fee of INR ₹2,000 is to be paid in cash at the college office and is non-refundable.
  • The annual Ph.D. Research Centre fees (tuition/research fees) are to be confirmed directly with the college at the time of admission, as they are not publicly listed and may vary.
  • University of Mumbai charges separate fees for Ph.D. topic approval and registration, which are payable as per university norms.
  • No hostel fee is included in the above; hostel is optional and available at approximately INR ₹2,00,000 per year.

PCACS Ph.D. (Business Economics) Admission 2026

PCACS Ph.D. (Business Economics) Admission Dates

Event2025-26 Actual2026-27 Tentative
Advertisement / Notification ReleasedAugust 2025January / February 2026
Application Form Submission Deadline25th February 2025February 2026
List of Eligible Applicants Displayed8th March 2025March 2026
Research Advisory Committee Interview22nd March 2025 (Saturday, 10:00 AM)March 2026
Admission Confirmation and Fee PaymentApril 2025April 2026

Mandatory Entrance Exam

ExamConducting BodyRelevance
UGC-NET (Economics / Commerce)National Testing Agency (NTA)Mandatory for Ph.D. eligibility (exempts from PET)
CSIR-JRFCSIR / NTAApplicable for science-related disciplines
SET (Maharashtra)Maharashtra State SET CellState-level eligibility test accepted in lieu of NET
Ph.D. Entrance Test (PET)University of MumbaiConducted by Mumbai University for candidates without NET/SET
  • Dates for 2026-27 are tentative and based on the 2025-26 cycle.
  • Candidates must monitor the official PCACS website and notice board for the official advertisement.
  • Candidates who have already cleared UGC-NET/CSIR-JRF/SET are exempt from appearing in the University of Mumbai PET.
  • Candidates without any of these qualifications must clear the PET before applying.

The dates mentioned above are tentative and subject to change.

Eligibility Criteria

  • Candidates must hold a Master's degree in a relevant discipline (M.Com / M.A. Economics / MBA or equivalent) with a minimum of 55% marks, or Grade 'B' or higher on the UGC 7-point scale, or Grade B+ or higher on the UGC 10-point scale.
  • Candidates must have cleared UGC-NET / CSIR-JRF / SET (Maharashtra) / Ph.D. Entrance Test (PET) conducted by the University of Mumbai in the respective subject.
  • Candidates must submit a research proposal along with the application form for initial scrutiny by the Research Advisory Committee.

Admission Process

  • Collect the prescribed application form from the college's 1st floor office (Sector-16, New Panvel).
  • Submit the duly filled application form in offline mode only, along with the research proposal (1 copy), qualifying certificates (PG marksheet and NET/SET/PET certificate), and a processing fee of INR ₹2,000 in cash (non-refundable).
  • Fill the Google form after fee payment (link provided in the official advertisement).
  • After document scrutiny, the list of eligible applicants is displayed on the college notice board and website.
  • Eligible candidates are called for an interview before the Research Advisory Committee, where they must present their research proposal in a PowerPoint presentation (maximum 10 slides).
  • Candidates selected by the Research Advisory Committee must submit the admission form along with the prescribed Ph.D. Research Centre fees.
  • Selected candidates must also submit copies of their research proposal, qualification certificates, and fees to the University of Mumbai for Ph.D. research topic approval.

PCACS Ph.D. (Business Economics) Scholarships 2026

Scholarship Details

ScholarshipEligibilityAmount / Benefit
UGC Junior Research Fellowship (JRF)Candidates who have cleared UGC-NET with JRFINR ₹37,000 per month (1st 2 years); INR ₹42,000 per month (subsequent years) as per UGC norms
CSIR Junior Research FellowshipCandidates who have cleared CSIR-JRFINR ₹37,000 per month (1st 2 years); INR ₹42,000 per month (subsequent years)
DST-INSPIRE FellowshipCandidates with exceptional academic record in scienceINR ₹31,000 per month + contingency grant
Maharashtra Government Research FellowshipSC/ST/OBC candidates pursuing Ph.D.As per Maharashtra government norms; apply through MahaDBT portal
  • JRF/SRF fellowships are awarded by UGC/CSIR directly to the candidate and are not college-specific.
  • Candidates who have cleared NET without JRF are eligible for the Lectureship certificate but not the fellowship amount.
  • Fellowship amounts are subject to revision by the respective funding agencies.
  • Candidates are advised to check the UGC and CSIR official websites for the latest fellowship rates and application procedures.
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PCACS Ph.D. (Business Economics) FAQs

Ques. Is it mandatory to have cleared NET/SET to apply for Ph.D. in Business Economics at PCACS, or can I apply without it?

Ans. As per UGC Regulations 2022 and the University of Mumbai's Ph.D. guidelines, candidates must have cleared UGC-NET / CSIR-JRF / SET (Maharashtra) or the University of Mumbai's Ph.D. Entrance Test (PET) to be eligible for Ph.D. admission. If you have not cleared any of these, you must first appear for and clear the University of Mumbai PET before applying to PCACS. The college strictly follows these norms, and applications without the required qualifying exam certificate will not be considered.

Ques. What kind of research proposal is expected at the time of application, and how detailed should it be?

Ans. The research proposal is a critical part of the application. It should clearly outline your proposed research topic, the research problem, objectives, methodology, and expected outcomes. At the interview stage, you will be required to present this proposal before the Research Advisory Committee in a PowerPoint presentation of maximum 10 slides. The committee evaluates the feasibility, originality, and academic merit of your proposal. It is advisable to identify a potential research guide at PCACS before finalising your proposal, as the guide's availability and expertise in your chosen area will influence the selection.

Ques. What is the duration of the Ph.D. programme at PCACS, and can it be completed part-time?

Ans. The Ph.D. in Business Economics at PCACS is listed as a full-time programme with a minimum duration of 3 years. As per UGC Regulations 2022, the maximum duration for a full-time Ph.D. is 6 years (with possible extensions). The programme requires regular attendance at the research centre, coursework completion in the first year, and periodic progress reviews. Part-time Ph.D. options may be available for working professionals under specific conditions as per University of Mumbai norms, but candidates should confirm this directly with the college before applying.

Ques. Who are the research guides available for Ph.D. in Business Economics at PCACS?

Ans. PCACS has faculty members with Ph.D. qualifications and research experience in economics and commerce. The Head of the Economics Department, Dr. Rinkoo Shantnu, is one of the key faculty members. Candidates are advised to visit the college's faculty directory on the official website (pcacs.ac.in) to identify potential guides whose research interests align with their proposed topic. It is strongly recommended to contact the research centre coordinator (Dr. Shardul Buva: 9773572809 or Dr. Bhavana Parab: 9920230307) before applying to confirm guide availability.

Ques. What is the application processing fee, and is it refundable if I am not selected?

Ans. The application processing fee for Ph.D. admission at PCACS is INR ₹2,000, payable in cash at the college office. This fee is explicitly stated as non-refundable, regardless of whether the candidate is selected or not. This fee covers the cost of document scrutiny and the Research Advisory Committee interview process. Candidates should ensure they meet all eligibility criteria before paying the fee to avoid losing it unnecessarily.

Ques. After completing Ph.D. in Business Economics from PCACS, what are the career prospects?

Ans. A Ph.D. in Business Economics from PCACS (University of Mumbai) opens doors to academic careers as Assistant Professor in colleges and universities (after clearing NET/SET if not already done), research positions in think tanks, government economic advisory bodies, and international organisations. In the corporate sector, Ph.D. holders in economics are sought for roles in economic research, policy analysis, and consulting. The degree also qualifies candidates for senior research positions in organisations like NABARD, RBI, NITI Aayog, and various state planning commissions. Given the growing demand for evidence-based policy research in India, a Ph.D. in Business Economics is increasingly valued in both academic and non-academic sectors.

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