Marwadi University Rajkot Ph.D Finance: Fees 2026, Course Duration, Dates, Eligibility

Ans. Yes, both CA and MBA graduates are eligible to apply for Ph.D. (Finance) at Marwadi University. CA, CS, and ICWA qualifications are considered equivalent to a postgraduate degree with at least 55% marks as per university norms. MBA graduates with a specialisation in Finance are directly eligible. Candidates must have a minimum of 55% marks in their qualifying degree (50% for reserved categories). All candidates must either qualify the university's PhD entrance test or hold a valid UGC-NET/GATE qualification to be exempted from the written test.

Ans. The Ph.D. (Finance) programme at Marwadi University covers research areas including Corporate Finance, Capital Markets and Securities, Banking and Financial Institutions, Investment Management, Financial Risk Management, Behavioural Finance, Financial Econometrics, Microfinance, and FinTech. To find a suitable supervisor, candidates should review the faculty profiles in the Faculty of Management Studies on the university's official website and identify professors whose research interests align with their proposed topic. It is strongly recommended to contact potential supervisors before applying to discuss research feasibility and supervisor availability.

Ans. Yes, Marwadi University offers an Industry PhD Programme specifically designed for working professionals. This allows candidates employed in banks, financial institutions, NBFCs, investment firms, or corporate finance departments to pursue doctoral research while continuing their employment. The programme requires periodic campus visits for coursework, seminars, and research reviews, but the structure is designed to accommodate professional commitments. Candidates must obtain a No Objection Certificate (NOC) from their employer and clearly indicate their preference for the Industry PhD mode at the time of application.

Ans. The total academic fees for the Ph.D. (Finance) programme are Rs. 2,51,000 for the complete 3-year duration (tuition Rs. 2,40,000 + miscellaneous Rs. 11,000). Additionally, a one-time refundable security deposit of Rs. 10,000 and a non-refundable application fee of Rs. 600 are applicable. If hostel accommodation is opted, it costs between Rs. 96,000 to Rs. 2,05,000 per year depending on the room type. Funding options include university JRF/SRF stipends, UGC-JRF fellowships (for UGC-NET qualifiers in Commerce/Management), SHODH scholarship from the Gujarat government, and travel grants for conference participation.

Ans. The minimum duration for the Ph.D. (Finance) programme is 3 years, covering coursework, research work, thesis writing, and viva-voce. The actual time to completion varies depending on the complexity of the research topic, data collection, and publication requirements. Finance research often involves primary data collection through surveys or secondary data analysis using financial databases, which can extend the timeline. Scholars are expected to publish research papers in Scopus or Web of Science indexed journals as part of the thesis requirements. The university allows extension beyond 3 years subject to satisfactory research progress and supervisor recommendation.

Ans. A Ph.D. in Finance from Marwadi University opens diverse career pathways. In academia, graduates can pursue Assistant Professor positions in management institutes, business schools, and universities, or postdoctoral research fellowships. In the industry, opportunities exist in financial research divisions of banks, investment banks, asset management companies, and consulting firms. Government sector roles include positions with RBI, SEBI, NABARD, and finance ministries. International opportunities include research roles with the World Bank, IMF, and international financial institutions. Finance PhD graduates are also well-positioned for senior advisory and policy roles in the financial sector.