PhD after MBA: Courses, Colleges, Duration, Salary, Scope, Abroad

Benefits of PhD after MBA

Before we go into details of every Ph.D. after MBA program, we shall look into the advantages and benefits of PhD after MBA and why is PhD after MBA a great career option.

• Ph.D. after MBA provides the opportunity to conduct research, conduct in-field study of concepts and specializations that couldn't have been possible during MBA.
• MBA Degree in itself provides lucrative career options, but after Ph.D., MBA degree becomes much more valuable.
• The research during PhD after MBA leads to awareness of the new business insights and trends worldwide, which helps in managing business more efficiently.
• A person with PhD degree after MBA can make lucrative compensations. A top MBA College professor makes millions more than just an MBA degree holder.
• Ph.D. after MBA allows working in the field of research in management, finance, or business which puts them apart from any other managers pursuing only an MBA.
• PhD after MBA in Management opens the door to becoming a professor in leading business schools, which is the most sought-after career.
• After doing Ph.D. after MBA, candidates can work as consultants in top firms, because of their skill sets and research methodologies.
• PhD after MBA candidates can also work as analytics consultants as they are preferred over any other degree holders because of their skills and experience in research.

PhD After MBA: Top Specializations

There are various specializations available in which you can pursue a PhD after MBA. Some of the top PhD specializations that work best in favor of your MBA degree are mentioned below:

PhD Finance after MBA

• PhD Finance is a research-oriented course that gives the student an excellent academic career. 
• Students go for Ph.D. Finance after completing MBA Finance.
• There are a few business schools like IIMs, FMS New Delhi, ISB, and IIT that do provide Ph.D. in Finance. 
• PhD Finance deals with the advanced study of Valuation of Shares, Privatization and Globalization, Cost and Management Accounting, etc.

PhD Marketing after MBA

• PhD Marketing is a 5 Year doctorate program to prepare students to teach and perform research in marketing and related fields.
• Admission to this course is done on the basis of the entrance exam and personal interview. Any candidate with a postgraduate degree in a relevant course is eligible to apply for PhD after MBA in Marketing.
• PhD Marketing is highly competitive and offers job opportunities such as Market Research Analyst, Marketing Communications Leader, Marketing Executive, etc. with an average salary of INR 2,00,000 - INR 10,00,000.

PhD Operation Management

• PhD Operation Management is a 5 Year doctoral course which deals with the control of operations and processes in an organization.
• PhD after MBA in operations management offers jobs in MNCs, Corporate Houses, and Manufacturing sector companies.
• The minimum eligibility is MBA/PGPM or PGDM in Operation Management with a minimum aggregate of 55%.

PhD Organization Behaviour after MBA 

• PhD Organization Behaviour is a 5 Year doctorate degree dealing with human behavior at various organizations.
• A candidate with a Master’s degree or an M.Phil. in the respective field of study with a minimum aggregate of 55% is eligible for PhD after MBA in Organization Behaviour.
• After successful completion of Ph.D. Organization Behaviour course, the candidates can find employment in firms like Academic Institutions, Colleges, Finance, Marketing, Information Technology, etc. with an average salary of INR 4,00,000 - INR 8,00,000.

PhD Business Management after MBA

• PhD Business Management is a 5-Year doctorate program that deals with activities that are involved in running a business such as leading, monitoring, organizing, and planning.
• A master’s degree with relevant subjects and a minimum aggregate of 50% or more makes a student eligible for PhD after MBA in Business Management.
• PhD in Business Management graduates can seek employment in areas like Colleges and universities, Finance, information technology, Banking, Management, Operations, Supply chain management, MNCs, Product development, Human resources, etc. with an average salary of INR 4,00,000 - INR 8,00,000.

PhD Business Administration after MBA

• PhD Business Administration is a 5 Years doctorate program that imparts knowledge on building an analytical understanding of business principles.
• A masters’ degree in any business-related field makes you eligible for PhD after MBA in Business Administration.
• The candidates can work as Administration Manager, Events Executive, Business Administrative Executive, etc. with an average salary of INR 7,00,000 - INR 17,00,000.

PhD Human Resource Management after MBA

• Ph.D. in Human Resource Management is a 5 Year doctorate program that deals with teaching processes and policies that organizations follow to maximize productivity and efficiency. 
• It teaches students the necessary skills to become a human resource managers.
• A master’s degree in a relevant field from a UGC recognized university or foreign university makes a candidate eligible for Ph.D. after MBA in Human Resource Management.
• A candidate can become an HR Manager, HR Executive, or HR Consultant with an average salary of INR 6,00,000 - INR 11,00,000.

PhD in Commerce and Management after MBA

• PhD Commerce and Management is a 5 Year doctorate program aimed at teaching commerce and business management.
• To pursue Ph.D. after an MBA in Commerce and Management, a candidate must hold a masters’ degree, MBA, or MPhil with a minimum aggregate of 55%.
• Candidates can seek employment in leading sectors such as Finance, Management, Commerce, etc. with an average salary of INR 3,00,000 - INR 40,00,000.

PhD Management Studies after MBA

• PhD Management Studies is a 5 Year doctorate program that aims to teach students about management and organizational skills.
• A masters’ degree in a related stream of management studies with a minimum aggregate of 50-60% makes a candidate eligible for Ph.D. after MBA in Management Studies.
• The course enables students to seek employment in leading sectors of Retail, Marketing, Sales, Business, Consultancies, etc. with an average salary of INR 2,00,000 - INR 20,00,000.

PhD Disaster Management after MBA

• PhD Disaster Management is a 5-Year doctorate program dealing with the field of Environment and Disaster Management.
• The eligibility criteria of the program are qualifying Master’s degree or M.Phil in the relevant field with a minimum of 55% aggregate and a minimum work experience of 5 years.
• Although the course curriculum is different from an MBA program, it has a lot of scope for MBA students to work in areas like defense, insurance, chemical industries, natural disaster management, etc. with an average salary of INR 2,50,000 - INR 12,00,000.

PhD Banking and Finance after MBA

• PhD Banking and Finance is a 5 Year doctorate program in Banking and Finance formulated to help students in understanding the major areas of domestic and international banking, economics, and investment.
• A masters’ degree in any relevant field from a recognized university is the minimum eligibility criteria for PhD after MBA in Banking and Finance.
• Students can get jobs at Colleges and Universities, Stock Exchanges, Banks, etc. with an average salary of INR 1,80,000 - INR 6,00,000. 

PhD After MBA Abroad

PhD after MBA has a lot of scopes abroad as well. Abroad there is a greater advantage in terms of its recognition and scope.

Tabulated below are top business schools abroad that offer PhD after an MBA.