Are you wondering whether a Ph.D. is possible after PGDM? Get complete information on Eligibility Criteria, Career Opportunities, Advantages, and Career Scope.
After completing PGDM, one is often found in a dilemma of 'Can I do a Ph.D. after PGDM?'. If you're also confused about this, then you're at the right place.
Ph.D. is a 3-5 year doctorate program that focuses on a specific area and skills that can be pursued after courses such as PGDM, MBA, MS and much more. This article will help you resolve the confusion about 'Can we do Ph.D. after PGDM?' and 'How to do Ph.D. after PGDM?'.
Can I do Ph.D. After PGDM?
Ph.D. is a 3-5 year professional course that focuses on extensive research and thesis of a particular area. This program is globally recognized and is considered of the highest quality. Depending on where you live and what subject you study, Ph.D. degrees can have different specifics. Aspirants who wish to pursue Ph.D. are often attracted to the Teaching Profession. However, this may vary from person to person. Ph.D. opens a giant gateway to various job and career opportunities. One can look for a career such as Academic Professor, Researcher, and Entrepreneur, and Corporate Industry.
What is the Eligibility Criteria to Pursue Ph.D. After PGDM?
The eligibility criteria for pursuing a Ph.D. after PGDM has many variants, and thus, different institutes require different eligibility pattern. Usually, PGDM is not the considered channel for Ph.D., but an MBA is. The following list comprises the answer to 'How to do Ph.D. after PGDM?':
- PGDM course done should be AICTE, NBA, AIU, UGC recognized and certified.
- A minimum aggregate of 55-60% is required. It may vary with institutions.
- Some institutions need aspirants to give entrance exams at University- level/College- level. However, this may vary with different institutes.
Ph.D. Specializations After PGDM
Many Ph.D. choices are provided to the aspirants after PGDM. It is up to the aspirants' interests and skills to select one. The following list will help you provide information regarding the former:
- Ph.D. in Management
- Ph.D. in Market Analysis and Research
- Ph.D. in Information Technology/Data Analytics
- Ph.D. in Behavioural Finance
- Ph.D. in Applied Statistics
- Ph.D. in Organizational Behaviour/Management
Top Institutions in India to Pursue Ph.D. After PGDM
The following list consists of some top institutes that offer Ph.D. courses after PGDM:
- IIT Roorkee
- Panjab University
- Faculty of Management Studies
- Pioneer Institute of Professional Studies
- Amity University
- Kalinga Institute of Industrial Technology
- Indira Institute of Management
- College of Agribusiness Management
Advantages of Ph.D. After PGDM
A Ph.D. course after PGDM has numerous benefits to put on the plate. These benefits include academics but are not limited to it alone. The following list will help you answer: Why get a Ph.D. after PGDM?
- Now that it is clear that PGDM is a diploma course pursuing a Ph.D. program enhances educational value.
- Since it is a Ph.D. course, it demands a specific field to be followed in. Thus, aspirants are provided with a variety of specializations to choose from according to their interests.
- If one has some on-hand experience of the corporate world, then it is an asset.
- Ph.D. lets you pursue management, finance, or business research, which sets you apart from other managers who only pursue a Master's course.
- Ph.D. research provides insight into global business trends and wisdom, which leads to more efficient and effective business management.
- Pursuing a Ph.D. after PGDM opens a significant plethora of job and carer opportunities
Career Prospects of Ph.D. After PGDM
Since a Ph.D. is considered the highest academic qualification one can have, it has many advantages, as mentioned above. Pursuing such a program of the finest quality brings a flood of career prospects. One can always look for a career in the private as well the public sector.
One can expect a great career in teaching, research, and the Corporate world. The job opportunities after a Ph.D. include Chief Executive Officer, Academician, Business Analyst, Business Development Consultant, Research Analyst, Entrepreneur, Management Consultant, Chief Financial Officer, Professor/Lecturer, and much more.
Ph.D. After PGDM- Salary
An after-PGDM, Ph.D. graduate receives a salary of INR 7-11 LPA. The following list should make you more clear:
| Designation | Salary |
| Chief Executive Officer | INR 29.64 LPA |
| Chief Financial Officer | INR 34.15 LPA |
| Professor/Lecturer | INR 7.37 LPA |
| Business Analyst | INR 9.95 LPA |
| Research Analyst | INR 6.69 LPA |
| Management Consultant | INR 11.79 LPA |
Is it Worth it to Pursue Ph.D. After PGDM?
A Diploma course in management is interesting, but what's more interesting is a Ph.D. in the former. Because not only does it provide you better career opportunities, but it also offers more excellent knowledge and skillset.
Surplus job scopes: There are many excellent job prospects in both the public and private sectors for a Ph.D. graduate. Nonetheless, it is determined by the skill set and knowledge that the candidate possesses.
Better professional growth: Although the two courses differ, both approaches provide tremendous professional development in fields and jobs such as Entrepreneur, Professor, and Researcher in the Corporate Sector.
Now that it has been made clear about all the merits and benefits of pursuing a Ph.D. after PGDM, it is essential to keep in mind that the amount of hard work and time invested also determines the prospects.
