PhD Business Management Jobs, Scope, Salary in India

Duration: 2 Years 11 Months
Avg Fees: ₹25K - 5.5 LPA
Surobhi Chatterjee
Surobhi Chatterjee

Graduates with a PhD in Business Management can work in a variety of businesses in roles that are critical to the functioning of those businesses. Graduates with a PhD in Business Management can work in both the public and private sectors. The work choices are quite broad due to the flexibility of the education that students get. There are a variety of positions available, including Business Consultant, Marketing Consultant, Business Analyst, Human Resource Manager, etc.

Career Prospects and Job Scope for a PhD in Business Management Graduate

The ease with which PhD in Business Management graduates may find jobs demonstrates the professional options accessible to them. Depending on their area of competence, they can work in marketing agencies, production businesses, financial organizations, and so on.

Graduates can find work in a wide range of occupational activities and areas. Following are some of the most common careers pursued by PhD in Business Management candidates following graduation:

  • Marketing Manager
  • Financial Manager
  • Strategy Consultant
  • Business Analyst
  • Human Resource Manager

Areas of Recruitment for PhD in Business Management

Graduates with a PhD in Business Management can work in both the commercial and public sectors. Students obtaining a PhD in Business Management are not bound to their specific disciplines after graduation, resulting in a wide range of job options.

The PhD in Business Management is an all-around course since management has such a broad reach in every firm. The following are some of the qualifications for a PhD in Business Management:

  • Marketing Agencies
  • Investment Agencies
  • Financial Institutions
  • Consultancy Firms

PhD in Business Management Salary

PhD in Business Management graduates' salary may vary based on the field in which they choose to work following graduation. Expertise, position, and specialization are all factors that may influence the compensation of a PhD in Business Management in India. Internships, live projects, and work experience can help graduates earn more money by allowing them to extend their experience.

PhD in Business Management Salary in India

The average salary PhD Business Management graduates maybe expected to be between INR 5 and 12 LPA(Source: Glassdoor) The table below shows the PhD in Business Management salary for graduates in India:

PhD in Business Management Salary Salary
Highest Salary INR 15 LPA
Lowest Salary INR 5 LPA
Average Salary INR 7 LPA

(Source: Glassdoor)

The table below contains the list of PhD in Business Management jobs and their average salaries per annum:

Designation Salary
Financial Consultant INR 6.5 LPA
Marketing Consultant INR 10 LPA
Business Analyst INR 7.5 LPA
Human Resource Manager INR 9 LPA

(Source: Glassdoor)

PhD in Business Management Salary Abroad

PhD in Business Management is one of the most popular degrees in the world, making it an attractive option for Indian students looking to study abroad. In another nation, a PhD in Business Management graduate earns around USD 104,300 per year (Source: Glassdoor). The table below shows a wide range of job profiles from throughout the world, together with their annual salaries:

Source: Payscale
Job Profile Salary
Finance Manager USD 108,400
Marketing Manager USD 104,250
Business Analyst USD 77,650
HR Consultant USD 80,500

Career Scope of PhD in Business Management

In terms of professional prospects and postgraduate options, a PhD in Business Management is one of the most diversified degrees available. Regardless of whether a graduate chooses to work or continue their studies for further research purposes, PhD in Business Management scope is extremely broad.

Courses after PhD in Business Management

Graduates of the PhD in Business Management programme can continue their education even after completing their doctoral degrees. PhD in Business Management graduates have a variety of options depending on their area of interest. PhD in Business Management graduates can pursue the following courses after finishing the programme:

  • Post Doctorate Courses
  • MPhil
  • Academic Dissertation

Career Options after PhD in Business Management

Graduates of the PhD in Business Management degree can immediately begin working in a range of industries. The PhD in Business Management is one of the most adaptable programmes in terms of work opportunities. The following is a list of job opportunities for business management PhD graduates:

Management Accountant: Management Accountant analyses financial data to aid business profitability and growth, produces month-end and year-end journals, prepares statutory and management accounts, participates in the annual budgeting and planning process, manages capital expenditure, and produces financial statements such as P&L accounts, cash flows, variance analysis, and commentaries, among other things.

Business Analyst: A business Analyst's responsibilities include determining user requirements from requests and developing strategies to address those needs, critically evaluating information from different sources and clearly indicating the quality of the final analysis, and communicating complicated data in understandable ways.

Business Consultant: Consulting, advising, and developing programmes to bridge the gap between current and desired situations, developing management and supervisory skills, assessing the current situation, improving work performance and organizational communication, increasing employee motivation and morale, defining the company's mission, goals, and objectives, achieving customer satisfaction and loyalty, coaching, and many other tasks are among the responsibilities of a Business Consultant.

Government Jobs for PhD in Business Management Graduates

Graduates of the PhD in Business Management degree may potentially work for the government in various roles that involve a high level of thinking and decision making. Because of the versatility of the programme, PhD in Business Management students can pursue careers in a wide range of fields. In the government sector, the average income for a PhD in Business Management is around INR 5-8 LPA (Source: Glassdoor). The following are the job titles:

Top Government Hiring Roles Salary
Finance Manager INR 8 LPA
HR Assistant INR 5.5 LPA
Marketing Manager INR 7.5 LPA

(Source: Glassdoor)

Private Jobs for PhD in Business Management Graduates

Students who do not want to work for the government after completing their PhD in Business Management can work in the private sector. PhD in Business Management graduates have a variety of work options in the private sector with higher salary options. Jobs as a PhD in Business Management offer around INR 5-14 LPA (Source: Glassdoor). The jobs titles are as follows:

Top Private Hiring Companies Salary
Accenture INR 5.5 LPA
Nestle INR 9 LPA
J.P. Morgan INR 10 LPA
Deloitte INR 12 LPA

(Source: Glassdoor)

Job Opportunities Abroad for PhD in Business Management Graduates

Graduates with a PhD in Business Management can work in a variety of fields all around the world. Because of their specific education and knowledge, such graduates are in higher demand due to their expertise in the field of business management. Every student, based on his/her experience, will be employable in a foreign country after completing the course.

Top Companies for PhD in Business Management Graduates

Below is a list of the top international companies that hire PhD in Business Management Graduates:

  • Standard Chartered Bank
  • Deloitte
  • J.P. Morgan
  • Goldman Sachs
  • Infosys
  • Hindustan Unilever

Best Countries for PhD in Business Management Graduates

Below is the list of top countries offering job opportunities to PhD in Business Management Graduates:

  • United Kingdom
  • France
  • UAE
  • United States of America

Various Career Designations Abroad for PhD in Business Management Graduates

Here is the list of exciting job roles that attract PhD in Business Management graduates to work abroad:

  • Finance Manager
  • Business Analyst
  • Marketing Consultant
  • Accounts Manager
  • General Manager

Famous Business Management Graduates

Many graduates in the discipline of business management have become well-known for their achievements. Here are a few examples of well-known people:

  • Indra Nooyi
  • Tim Cook
  • Mary T. Barra
  • Carlos Carrazana
  • Abigail Johnso

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