phd in business administration salary in india

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Phd in business administration: a comprehensive guide to doctorate-level studies.

A PhD in Business Administration is an advanced degree that focuses on in-depth research and expertise in various aspects of managing businesses. It typically takes three years to complete and requires a relevant master's degree and work experience. Graduates can pursue careers in business development, marketing, consulting, and more. The average salary ranges from Rs. 2 to 12 lakhs per year, and top recruiters include renowned companies from diverse industries. Admission to the program is based on entrance exams and interviews.

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Phd in business administration - course highlights, about phd in administration studies.

• Interested applicants can apply online with the necessary information, and admission is based on graduation or post-graduation grades.
• If the candidates meet all of the minimal admission requirements and all of the required documentation is submitted, the application is forwarded to the appropriate academics team within the school for review.
• Prospective supervisors will conduct an interview with the applicant and make a decision based on the interview results.
• The final selection for admission to the PhD in Business Administration programme will be based on performance in the entrance exam and an interview.
• The weightage of interview and entrance exam scores varies by college.

Eligibility for PhD in Administration

• You must have earned a postgraduate degree or an equivalent qualification with at least 50% overall marks in any relevant topic to be admitted to a doctorate programme or PhD in business Administration.
• At the time of taking the admission test, candidates should have a minimum of two years of work experience following their MBA or Master's degree.
• The only entry tickets for enrolling in numerous professional degrees are entrance tests. Only after passing the entrance exam may students enrol in a reputable business administration programme.
• Additionally, some colleges stipulate that in order to enrol in one of their PhD programs, applicants must have earned an MPhil.
• Some business schools may demand a TOEFL or IELTS score from every applicant, while others may waive it if English is your primary language of instruction.

Entrance Exams for PhD in Business Administration

• XAT: For PhD or MBA admissions at XLRI and other universities recognising the XAT score for admittance in various MBA or PhD courses, XAMI contracts with XLRI, Jamshedpur, to administer the XAT- Xavier Aptitude Test. It will take you three hours to complete this exam. The Verbal and Logical Ability (VA & LR), Decision Making (DM), Quantitative Ability & Data Interpretation (QA & DI), and General Knowledge (GK) components make up this exam.
• The CIMB Research Aptitude Test is known as the XIMB-RAT. 2 hours will be allotted to you in order to complete all the questions. There won't be any failing grades. Your primary areas of attention should be writing, mathematics and logical thinking, and data interpretation.
• Test of Research Administration Aptitude R-MAT: - For admission to their joint PhD programme, which aims to formalise training for aspiring faculty and working managers, the All India Administration Association (AIMA) and Aligarh Muslim University (AMU) jointly administer the Research Administration Aptitude Test (RMAT), an Administration entrance exam. A 90-minute online exam with 100 questions is being taken.
• UGC NET: The National Eligibility Test (NET), sometimes referred to as the UGC NET or CBSE NET, is a test used to establish a candidate's qualification for college- and university-level lectureship. The assignment will consist of two papers: documents 1 and 2. The candidates will have three hours to complete 150 questions over two examinations (papers 1 and 2).
• BITS Pilani PhD entrance test: The Birla Institute of Technology and Science Admission Test is administered by the BITSAT (BITS Admission Test), an all-India computerised entrance exam, at the university level. Admission is solely determined on the basis of the BITSAT test. There will be 150 questions on the paper in total.

PhD In Administration - Job Careers

These professionals are responsible for:.

• Forecasting
• Research-based Forecasting
• Product promotion, etc.

Top Institutions

• Management Development Institute
• Lovely Professional University in Jalandhar
• DIT University in Dehradun
• Amity Business School in Jaipur

Why Choose PhD in Business Administration

• A decent career or beginning your own business in a firm can be done by taking this course.
• Anywhere in the globe, you can obtain a respectable wage package.
• Candidates have the choice of choosing Business Administration as the basis of their careers since, first of all, it is a comprehensive subject that aids in laying a solid foundation for your career's later years.
• A career in Business Administration also offers a solid income package, and after completing this course, you can find employment or launch your own firm in both the public and private sectors.
• You can have a successful and wonderful career in company administration if you have excellent organisational abilities, excellent soft skills, and the ability to handle all of the organisation's tasks.

PhD in Business Administration - Career Prospects

Frequently asked questions, read more news on.

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• Ph.D. in Business Administration

The Faculty of Business and Leadership at MIT-WPU offers a highly research-intensive and industry-oriented PhD in Business Administration. The programme aims to mentor, prepare and build an intellectually stimulating and satisfying ecosystem in which the scholarly development of the learner is achieved. The learning architecture of the programme integrates theoretical concepts, practice-oriented and skill-based teaching-learning approaches, innovation-stimulating scholastic practices, and research culture. The structured theoretical framework of the course trains the research scholar in innovative and scientific thinking as well as multidisciplinary research skills for solving complex business problems. The candidates will serve as leaders at the forefront of the professionals possessing administrative acumen and academic prowess needed for informed decision-making.

Ph.D. Entrance Test (PET) Syllabus

Guidelines for Research Scholars

Ph.D Programme Fees

The following candidates are eligible to seek admission to the Ph.D. programme

Candidates who have completed:

i) A 1-year/2-semester master’s degree programme after a 4-year/8-semester bachelor’s degree programme or a 2-year/4-semester master’s degree programme after a 3-year bachelor’s degree programme or qualifications declared equivalent to the master’s degree by the corresponding statutory regulatory body, with at least 55% marks in aggregate or its equivalent grade in a point scale wherever grading system is followed or equivalent qualification from a foreign educational institutions accredited by an assessment and accreditation agency which is approved, recognized or authorized by an authority, established or incorporated under a law in its home country or any other statutory authority in that country to assess, accredit or assure quality and standards of the educational institutions.

A relaxation of 5% marks or its equivalent grade may be allowed for those belonging to SC/ST/OBC (non-creamy layer)/differently-abled, Economically Weaker Section (EWS) and other categories of candidates as per the decision of the commission from time to time.

Provided that a candidate seeking admission after a 4-year/8-semester bachelor’s degree programme should have a minimum of 75% marks in aggregate or its equivalent grade on a point scale wherever the grading system is followed. A relaxation of 5% marks or its equivalent grade may be allowed for those belonging to SC/ST/OBC (non-creamy layer)/Differently-abled, Economically Weaker Section (EWS) and other categories of candidates as per the decision of commission from time to time.

ii) Candidates who have completed the M. Phil programme with at least 55% marks in aggregate or its equivalent grade in a point scale. A relaxation of 5% marks or its equivalent grade may be allowed for those belonging to SC/ST/OBC (non-creamy layer)/Differently abled, Economically Weaker Section (EWS) and other categories of candidates as per the decision of commission from time to time.

Reservation is applicable only to Maharashtra domicile candidates provided they submit the necessary documents for reservation before interview. Outside Maharashtra candidates will be considered in open category.

1. Candidates satisfying eligibility criterion shall be called to appear for the Ph.D. entrance test conducted by MITWPU. The exemption will be given from Ph.D. entrance test for those students who qualify UGC-NET /UGC-CSIR NET /GATE (valid score)/CEED/GPAT (valid score)and similar national tests.

2. PhD entrance test shall be qualifying with qualifying marks as 50% provided that relaxation from 50% to 45% shall be allowed for the candidates belongs to SC/ST/OBC (Non creamy layer)/Differently abled category, Economically Weaker section (EWS) and other category of candidates. The syllabus of entrance test shall consist of 50% of research methodology and 50% shall be subject specific.

3. The interview/viva-voce will be conducted by the university for test qualifying candidates. For selection of candidates a weightage of 70% to the entrance test and 30% to the performance in the interview/Viva-voce shall be given. For GATE/NET/JRF /SET/GPAT/CEED qualified students, the selection will be based on Interview/Viva Voce

4. The recommended candidates will be intimated through email about their selection and the candidates will be offered Ph.D. provisional admission.

5. The eligibility of a candidate is provisional as per information provided by the candidate in his/her application form and is subject to verification of minimum eligibility conditions for admission to the program, educational documents and reservation documents (if any).

6. University keep rights to cancel admission of the Ph.D. scholars in the case of misconduct by the scholar, unsatisfactory progress/absent for consecutive two progress seminars, failure in any examination related to Ph.D., fabrication found in educational and reservation documents, candidate is found ineligible, involved in plagiarism in paper publications and thesis.

7. Provisional eligibility to appear in the selection process is no guarantee for admission to the program.

8. Candidates who will join PhD program full time, they will be provided with the stipend as per MITWPU norms.

9. PhD admission will be confirmed after successful completion of the course work with 55% or more as per UGC norms. Ph.D. programme should be minimum of three years including course work and maximum of six years from the date of admission to the Ph.D. programme.

10. A maximum of an additional two years (2) years can be given through the process of re-registration provided, however, that the total period for completion of a Ph.D. programme should not exceed eight (8) years from the date of admission in the Ph.D. programme.

11. Provided further that, female Ph.D. scholars and persons with Disabilities (having more than 40% disability) may be allowed an additional relaxation of two years(2) ; however the total period for completion of a Ph.D. program in such cases should not exceed ten (10) years from the date of admission of the programme.

12. Female candidates may be provided Maternity Leave/Child Care Leave for up to 240 days in the entire duration of Ph.D. programme.

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Doing A PhD After MBA: Universities, Programs, Benefits

• Updated on  
• Jan 17, 2024

Higher studies often encompass the decision of pursuing a bachelor’s, master’s and then, if you feel like delving deeper into your chosen field, a doctorate degree. When it comes to the vast domain of commerce, a PhD is commonly chosen by those wanting to explore the academic arena. Working professionals don’t usually opt for a PhD given the extensive amount of time it demands and also because it has more academic use. So, if you have recently completed your Master of Business Administration, choosing a PhD might require some thinking to finally arrive at the right decision. This blog aims to elaborate on what a PhD after MBA entails and how it can advance you further in your career journey.

This Blog Includes:

Phd after mba in india, benefits of phd after mba, top phd programs after mba, eligibility, phd after mba abroad – admission process & entrance exams , phd after distance mba, phd after mba in finance, top universities for phd after mba abroad, top countries to study phd after mba, career scope & employment sectors.

Want to pursue PhD after MBA in India? There are colossal benefits of PhD after an MBA that can equip you with a competitive edge in the management and business world as well as the research and professional exposure you need to aim for high-salary managerial profiles in India and abroad. Here’s what you need to know about PhD after MBA in India:

• Eligibility : You must have completed a 2-year MBA degree to apply for PhD in India along with qualifying for UGC-NET or GATE exam to gain admission at top business schools and universities in India.
• Duration : In India, you can complete your PhD after MBA in 3-5 years depending upon the program and university.
• Requirements : For PhD after MBA in India, you must have GATE/ UGC-NET / CSIR-NET scores, a research proposal ready along with letters of recommendation and optional work experience to increase your chances of admission.
• PhD in Management
• PhD in Organizational Behaviour/Management
• PhD in Behavioural Finance
• PhD in Applied Statistics
• PhD in Information Technology/Data Analytics
• PhD in Market Analysis and Research
• Faculty of Management Studies, University of Delhi
• Benaras Hindu University
• Indian Institutes of Management Studies (IIMs)
• Indian Institutes of Technology (IITs)
• National Institute of Management, Calcutta

Also Read: PhD Scholarships in India

As the highest academic degree in theoretical disciplines, a PhD or Doctorate of Philosophy is perfect for those seeking a greater depth of knowledge in a specific area of interest. Going for a PhD after MBA can be beneficial for a plethora of reasons, some of which are given in a rundown below:

• Get a Competitive Edge over MBA
• Master Research Skills and Methodologies
• Inclination Towards Academic Arena
• Chance to Become a Professor
• Become an Academician at Business School

Get a Competitive Edge over MBA with a PhD Though many would tell you that with a PhD after MBA you can only ground yourself in the academic world, this is not the case in reality. If you don’t see yourself fitting the position of a lecturer or a professor, you can explore varied prospects in the corporate sector. A doctoral degree in a business or management specialisation imparts you with a deep-embedded and insightful knowledge of the commercial world. An MBA also gives you a unique and practical glimpse of this domain. The combination of these two can be potentially utilised by opting for the role of a consultant or analyst for entrepreneurial ventures, business giants or even hedge funds and investment-related firms.

Master Research Skills and Methodologies To begin with, a PhD is research-extensive by nature and demands individuals to submit their original thesis to conclude this degree. It challenges scholars to break away from the limited amount of knowledge of their field and delve deeper into whichever specialization they have chosen to study. So, a PhD after an MBA would importantly require you to be passionate about research, have an innate curiosity towards your field and be ready to devote yourself for a longer period of time to your thesis.

Inclination Towards Academic Arena Another reason why many graduates aspire for a PhD after MBA is when they are planning to make a career as an academician . Since one needs to exhaust many years to this degree, you can pursue the profile of an assistant professor at the university itself while getting mentored for your research thesis. Further, by completing a PhD, you would be deemed eligible for the position of a professor at an academic institution though some universities or colleges might demand you to qualify for a teaching exam.

The average duration of PhD after MBA is approximately 5-7 years where the 1st year is more theoretical but from the beginning of the second year, you can pick specializations as per your choice. In Business and Management, there is an array of specialised PhD courses that one can choose from. Here are the top specialisations to pursue PhD after MBA:

• PhD in Entrepreneurship
• PhD in Commerce
• PhD in Accounting
• PhD in Economics
• PhD in Commercial Law
• PhD in Human Resource Management
• PhD in Operational Research
• PhD in Marketing
• PhD in Healthcare and Management
• PhD in Organizational Behaviour
• PhD in Finance
• PhD in Chemistry
• PhD in Computer Science
• PhD in Engineering
• PhD in Political Science
• PhD in Education
• PhD in Statistics
• PhD in Psychology

Though the specific prerequisites might vary from one university to another, there are some general criteria for PhD after MBA or any other postgraduate program that every candidate needs to fulfil. The primary requirement is that of a master’s degree in the related discipline (from a recognised institution) in which one is applying for a doctoral degree, if you are applying for a PhD in Business Administration, you need to have completed a postgraduate course like, MBA, MIM, amongst others. Along with these, you will be required to submit the following documents:

• GATE/CSIR-NET/UGC-NET Scores for Indian universities
• Research Proposal
• Letters of Recommendation (Academic and/or Professional)
• GRE, English proficiency test scores such as IELTS , TOEFL , etc. and SOP and LOR s to apply for PhD after MBA abroad
• An Updated Resume or CV
• Academic Transcripts

If you are planning to pursue PhD after MBA from abroad then the following points will guide you through the application process and entrance exams: 

• The application process for global universities is very different from Indian universities. You don’t have to give any entrance exam to pursue a PhD after MBA from abroad, rather, you need to submit a GMAT / GRE score. 
• LORs, SOPs and previous projects and research work matter a lot when you are looking to pursue PhD abroad. They make your profile strong and increase the chances of getting selected. 
• Most universities have a 3-5% acceptance rate for PhD programs. Thus, it is essential to make your application strong, if you need any help regarding the same, get in touch with Leverage Edu experts.
• The PhD curriculum more or less remains the same, you need to work on your thesis and submit it in the provided duration to complete your PhD after MBA.

Also Read: How to Get PhD Funding?

Yes, it is possible to apply for PhD after distance MBA but if you are aiming for a doctoral course, you must pursue your MBA from a UGC-accredited university or college. To apply for a PhD after a Distance MBA, you must be able to provide valid transcripts as well as mark sheets from your MBA thus it is essential to check the certification of the institution before studying for an MBA.

MBA in Finance professionals often opts for a PhD to pursue a career in research or academia. Finance is one of the most popular specialisations for PhD after MBA and students can choose from various subjects like Financial Management, Financial Analysis, Financial Modelling, etc. To pursue PhD in Finance in India, you will have to qualify for UGC NET , NMIMS or NIPER JEE while you will have to qualify GRE for universities abroad. Let’s take a look at the universities for PhD after MBA in Finance:

• Indian Institute of Foreign Trade , New Delhi
• National Institute of Technology, Silchar
• Department of Management Studies-IIT Madras
• Alliance School of Business, Bangalore
• Ahmedabad University
• Shailesh J. Mehta School of Management

Here are the major careers for PhD after MBA in Finance:

• Statistician
• Financial Analyst
• Chartered Financial Analyst
• Stock Broker
• Budget Analyst
• Financial Researcher

Numerous renowned business schools and universities across the globe offer specialised PhD programs in varied fields of Business, Commerce and Management. To help you further in your research, we have listed down some of the major academic institutions that are internationally popular for their offered specialised courses for those aspiring to pursue a PhD after MBA:

Many study destinations like the UK, USA, Australia and Canada are renowned for their research doctoral courses so selecting the right country to study PhD is an important decision you must carefully take. Let’s take a look at the top countries to study PhD after MBA and their popular research universities:

PhD after MBA in the UK

Here are the major universities to study PhD in the UK:

• University of Bradford
• SOAS University of London
• Cardiff Metropolitan University
• University of Birmingham
• Queen’s University Belfast
• University of Kent
• Hult International Business School

Also Read: PhD Scholarships in the UK

PhD after MBA in the USA

Popular for its STEM courses as well as top-ranked business schools, the top universities for PhD in the USA are:

• Harvard University
• Stanford University
• University of California, Berkeley
• University of Columbia
• University of Wisconsin
• Cornell University
• Kellogg School of Management

PhD after MBA in Canada

Canada is another renowned destination for PhD programs and offers a plethora of specialisations in business and management. Here are the popular universities for PhD in Canada :

• University of Toronto
• University of British Columbia
• McGill University
• McMaster University
• University of Montreal
• University of Alberta
• University of Ottawa
• University of Calgary

Also Read: PhD in Canada with Scholarship

PhD after MBA in Australia

The land of Kiwis is internationally lauded for its focus on research education and high-ranked entrepreneurial programs. Check out the top universities for PhD in Australia :

• The University of Queensland  
• The University of Western Australia  
• University of Wollongong 
• Queensland University of Technology  
• Swinburne University of Technology  
• University of Tasmania 
• University of Sydney

PhD after MBA in New Zealand

If you are looking for affordable PhD courses after completing MBA, New Zealand is the best place for you. Take a look at the popular universities for PhD in New Zealand :

• The University of Otago
• University of Canterbury
• Lincoln University
• The University of Auckland
• Victoria University of Wellington

Adding the renowned academic degree of PhD to your list of qualifications, there are a plethora of career opportunities awaiting you. Since a doctoral degree in business-related disciplines provides you with an insightful acumen into the commercial arena, you will be equipped with the knowledge of data analysis and business trends and organisational problems. Further, you will be skilled with research methods such as econometrics, experimental methods, field studies, modelling etc. So, with a PhD after MBA, you will not only be a perfect candidate for academic profiles but you can also explore plentiful prospects in the corporate world.

Here are the top job profiles you can explore after pursuing PhD after MBA:

• Research Analyst
• Business Analyst
• Management Consultant
• Business Development Consultant
• Entrepreneur
• Professor /Lecturer
• Academician
• Chief Financial Officer (CFO)
• Chief Executive Officer (CEO)

The salary of PhD after MBA in India is somewhere between INR 7 Lakhs to 17 Lakhs per annum depending upon whether you work in the corporate sector or explore the academic domain working as a lecturer or academician.

We have elucidated upon the major employment sector for graduates with a PhD in Management and Commerce-related specialisations below:

Teaching The most popular career path post a PhD is that of becoming a professor. Most PhDs in business or management pursue it in the first place to pursue a career in academics. Further, most of the research universities prefer to hire PhDs as business school professors. If you are aiming to become a part of a prestigious academic institution or especially Ivy League school, you should definitely go for a PhD after MBA because this striking combination coupled with a few years of professional experience can make you an ideal candidate for the position of a university professor or lecturer at a business school. To give a rough statistical description, nearly 80% of business ‘PhD after MBA’ graduates become faculty members at business schools, and roughly 20% take jobs in the industry.

Research A PhD is quite a data-driven degree and involves extensive analysis and in-depth assessment as it constitutes submission of a research thesis as its incremental element. If you have been planning to pursue a career in research , an MBA is more of a professional route to take but combining it with a PhD might give you knowledge of both corporate as well as the research world. Getting a taste of both these areas, you can further enter the research sector with a versatile skill set which will prove extremely useful in carrying out path-breaking case studies and contributions with the potential of bringing the commercial industry in a newer light.

Corporate Sector As a common myth, you might be told that a doctorate degree is of no use in the professional world, but it is quite the opposite as a PhD after MBA can furnish you with the quintessential business acumen to fit the role of business consultant and analyst. As many doctoral scholars move further to become professors or researchers, only a small proportion of their heads towards the industry. As this degree provides aspirants with the understanding of employing PhDs to derive wisdom from their theoretical and unique methodologies for analysis, which when combined with the pragmatic training obtained during the MBA, marks for a marvellous body of knowledge. You can explore varied prospects in entrepreneurship ventures as well as companies like SEC, JP Morgan Chase, McKinsey and Morgan Stanley which are known to hire PhDs frequently.

Anyone with an MBA degree can pursue a PhD. In fact, it’s a good idea to do PhD after MBA if you are interested in exploring the arena of academics or research and you can also pursue opportunities in consulting firms in the corporate sector. Also, the top B-Schools such as Columbia University, Yale University, Harvard University, INSEAD, and London Business School have most professors with a PhD degree. So, if you aim to teach at top business schools in the world, pursuing PhD after MBA is indeed a good decision.

The exact duration of PhD depends on the specialization as well as the university, the fact whether it’s part-time or full-time, and other factors. Doing a PhD after MBA usually takes 4-5 years but relying upon varied factors, be it your chosen course or institution, it can take less than 3 years and as long as 7-8 years to complete.

Yes. You can do a PhD in Psychology after MBA. However, you will need 55% marks in your MBA discipline to qualify for a PhD in Psychology after MBA.

A PhD in Business is often referred to as a DBA (Doctor of Business Administration) which is usually considered as the sequel of the MBA and is the highest form of management degree. Pursuing a doctorate in Business or its related specializations would provide you with an enhanced insight into the commercial arena after which you can target higher-level career profiles ranging from a business analyst to a consultant or you can pursue academic positions which is another beneficial route to take.

The essential prerequisite for a PhD is to have a master’s degree along with the minimum marks specified by the academic institution you are applying for. With an MBA, you are eligible to pursue a PhD in commerce-related disciplines while opting for a doctorate in other domains might depend on the criteria provided by the particular university.

The answer to this question is explained well in the points given below: 1. Yes, you can do PhD after a distance MBA 2. Your degree must be from a UGC-recognized institution 3. The application process remains the same as for the regular degree holders 4. Make sure you meet all the eligibility requirements 5. Some universities prefer candidates with regular MBA degrees.

Going for a PhD after MBA will equip you with one of the best educational combinations in the world. It might not be the easiest of programs to pursue but the benefits are going to be fruitful for your professional journey. If you are planning to pursue a doctoral degree and don’t know how to go about it, sign up for a 30-minute career counselling session with our experienced team of mentors and experts at Leverage Edu and we’ll guide through the process of choosing the right PhD program and university that fits your interests and aspirations and can provide you with extensive exposure and opportunities to soar ahead in your career.Call us immediately at 1800 57 2000 for a free 30-minute counselling session.

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14 comments

I like your article great content. Thank you

Hi Akash, we are glad to know that you liked our blog. If you need any further assistance regarding the admission process to any PhD course abroad, get in touch with our experts and we will help you build an awesome career.

Great post.

We are glad to know that you liked our work! Don’t forget to share it with your friends who are looking for PhD courses after MBA.

I have done MBA. My specialization is marketing (major) & human resource(minor).I want to know which specialization should I choose for PhD or Can I choose other specialization like social work, political science,etc.

Hi Abhishek, to know which PhD specialization would suit you the best, reach out to our experts at – 88262 00293. You can also register for a free career counselling here – https://leverageedu.com/admissions/study-abroad-admission/ .

Nice blog thanks for sharing.

Hi Thomas, thanks for your feedback! Check out our blog on PhD entrance exams to know more about the ways for pursuing this course – https://leverageedu.com/blog/phd-entrance-exams/ .

Very good article. In my opinion, having a PhD will make you more likely to earn a higher salary over someone with just a Master’s degree. Nowadays more professionals are doing PhD research programs for a better career.

Thank you for the feedback and for sharing your opinion, Rohan!

Thank you very much for your elaboration on Ph.D. after MBA. I would like to know which specializations are available here in the USA.. Thank you.

Hi George, To know about the specializations of your choice, get in contact with our experts at 1800572000.

Hello I’m Amir I done MBA 3.5year and I want to study PhD directly after MBA can u guide me forther I continue which subjects

Hi Amir, To get our profile evaluated for pursuing a PhD after MBA, give us a call on 1800572000 and our experts will guide you about the same.

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Doctor of Business Administration (DBA) program: Cutting-edge career choices

Doctor of business administration program: the dba develops skills to make data-driven scientific evidence-based decisions. the decisions may be related to strategy formulation, implementation, operations, et.

Doctor of Business Administration (DBA) program is the highest-level qualification in business administration. It is a unique applied research course that helps students to dive deep into corporate strategic or operational problems. Till date, very few students complete this programme compared to MBA. According to Dr.Koilakuntla Maddulety, Associate Professor, Deputy Director - Doctor of Business Administration, SP Jain School of Global Management, DBA is a good degree to have as it opens top level career choices for working middle and senior corporate executives. In a email interview with Nilesh Mathur of Hindustan Times online, Maddulety explains about the programme, its key components, benefits, where it is taught, expected pay package after completing the course and much more:         

1. What are the key components of a DBA program? How do you think it is different from Ph.D. in Business Administration? 

The key components of the Doctor of Business Administration (DBA) program are coursework, coursework evaluation, research work, evaluation, publications, and awarding the degree.  

The DBA program is different from Ph.D. The DBA program is designed for working middle and senior corporate executives of the average age group around 40 years. The DBA develops skills to make data-driven scientific evidence-based decisions. The decisions may be related to strategy formulation, implementation, operations, etc. 

In contrast, the PhD in Business Administration is designed for young academic-oriented scholars of age group around 25 years. The PhD develops research skills that help to develop theories or models that enrich the existing literature.   

  2. How can students benefit from a DBA degree? How it can help them strengthen their career in Management? 

The DBA program is industry-relevant research and can address specific issues / complicated situations/ dilemmas/challenges resulting in generating career advancement opportunities for scholars as they get ready to take strategic decisions based on research output. Upon successful completion of the program, the Scholar produces a high-quality dissertation thesis, publications, patents, etc. bringing insight in a specific area with a specific proposal of the solution which results into DBA Graduate’s career advancement in the following areas:

 Can grow in their present job with promotions and enlarged challenging responsibilities  

 Can change their career from present corporate job to Independent Consultant in their research area or join a top consultancy organization.  

 Can start their own research organization

 Can become Consultant to Government or political parties

 Can take teaching careers in top Global B-Schools as a second career in their life

As DBA program ensures the imbibing knowledge of research tools and methodologies to students can apply on their jobs in a scientific manner to ensure their organizational growth. In-turn DBA students can benefit by getting senior roles including CEO, CFO, CHO, CTO, COO, MD, etc., in top MNCs, some may become top independent consultants in their area of interest, some may become entrepreneurs, etc.

3. Skills – both hard and soft, play a crucial role for managers. What new skills the doctorate degree will help students develop? 

The DBA degree will help students to develop majorly research skills, skills of scientific inquiry for identifying problems and growth opportunities of corporates, high-level analytical skills to deep dive, scientific problem-solving skills, strategy formulation, and deployment skills. In addition, the DBA program ensures cognitive and generic skills that include fundamental skills, people skills, which are needed for business leaders.  

4. What makes the DBA course stand out in an ever-expanding community of MBA degree holders? Please tell us the top career options for the Graduates?  

The DBA is the highest-level qualification in business administration and very few professionals are available with DBA degrees unlike MBA so DBA stands out as a unique applied research course that helps the students to dive deep into corporate strategic or operational problems. The top career options for DBA Graduates are:  

 To become an independent consultant in the selected area of Business Management, 

 To join a senior position in top consultancy organizations 

 To establish their own research organization,  

 To ensure elevation in their present organization, 

 To become professors by practice in top b-schools across the globe etc.,  

5. Which industries have showcased an increased demand for DBA graduates?  

The Demand for DBA is increasing continuously as DBAs can take better decisions based on research.

Majorly Consultancy organizations, Multinational Companies for senior-level positions, and Research organizations are looking for DBA graduates.

6. Name some of the institutes in India that offer quality programs in Doctorate in Business Administration? 

S P Jain School of Global Management is the only Australian school operating high-quality DBA from India. There are many traditional PhDs and Fellow programs in India. Some of them are IIM Ahmadabad, IIM Bangalore, IIM Kolkata, IIM Indore, IIM Ranchi, SOM IIT Mumbai, XLRI, IMT, NMIMS, Great Lakes, etc.

  7. What kind of salary package the graduates can expect after pursuing this course? 

S P Jain School of Global Management (SP Jain) Average package is around Rs. 1,00,00,000 (Around 1 Cr) p.a, rest all are not comparable with S P Jain DBA program, but the average package may be around ₹ 20,00,000 p.a.  

8. Is there any advantage in pursuing DBA course abroad? Name some of the top institutes teaching this course?  

Yes, if someone wants to invest a good amount and settle abroad, I recommend the following top B-schools for study and settling in respective countries.  

 S P Jain School of Global Management   

 University of Western Australia

 Washington University

 University of Florida

 University of Wisconsin

 Georgia State University

 Aberdeen Business School

 City University of Hong Kong

 EU Business School

 Massey University

 Victoria Graduate School of Business

9. What is the fee structure for students who want to pursue this course in India and abroad? 

S P Jain School of Global Management – Fee is approx. USD 25000 for India/Online and approx. USD 50000 for Sydney.

The average fee of the DBA ranges from USD 25000 to USD 95000.

10. Are there scholarships available to students who want to pursue this course. 

The DBA is designed for working middle and senior executives whose average age group is around 40 years who can’t sacrifice their jobs but can sacrifice their weekend times so, there is no requirement of scholarship, hence, universities or schools are not providing scholarships for DBA Students. 

Scholarships are generally available for Ph.D. students whose average age is around 25 years, and they are full-time researchers and expected to work for their professors’ projects and provide academic support to universities/schools.

(Author Koilakuntla Maddulety is Associate Professor, Deputy Director - Doctor of Business Administration, SP Jain School of Global Management. Views expressed here are personal.)

Nilesh Mathur is online news editor with Hindustan Times. He has worked on the online news desk for the last 21 years. Presently, he covers education and career related news. ...view detail

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Careers and Placements-Ph.D.

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Careers and Placements

Career opportunities, academic careers.

An academic career is usually the obvious choice for most doctoral students after they complete their thesis. Such a career usually involves a rich life of continuous learning and growth in an intellectually stimulating environment. Most of the fellows from IIM-A who have taken up this route, were absorbed as faculty in some of the top management institutes in India as well as in other countries. The usual track of a professor advances from an assistant professor up to the level of professor of the institute. If an academic chooses they could become a director of an institute. An academic career involves doing research, writing, and publishing; teaching and instruction; coaching and mentoring students; and consulting with industry, business, government, etc. Research is a significant portion of the life of an academician and allows them to gain recognition in their field of study globally. This career choice also enables networks across the world by travelling for conferences where they can present and discuss their current research work. The grooming for publishing top-quality research, presenting at conferences, and training for teaching all starts while the scholar is pursuing the PhD degree at IIM-A.

The institute not only provides the educational mechanisms to encourage such activities but also provides sufficient financial aid and incentives to boost this career option. Another excellent option for an early stage academician is to opt for a post-doctoral position. A postdoc, as it is colloquially known, is a position that can be taken up immediately after the completion of the thesis to strengthen expertise in the techniques of research as well their preferred topic of research. This period allows them to be associated with a professor, an academic or research institute, the industry or even think-tanks that require research on upcoming studies. This is a good option for scholars who want to create networks within top research and academic institutes, contribute to the world through their research and get a few publications. Some PhDs have also looked at opportunities pertaining to managing educational institutes which are beyond the undertaking of teaching & research assignments. And some others have become part of research centres at educational institutes as well as research organisations.

Corporate & Other Careers

Global management consulting firms value the skills of doctoral candidates since they develop exceptional analytical skills as well as have an in-depth knowledge of certain industries. Also, due to the statistical prowess and proficiency of quantitative skills, a number of companies hire doctorates as analysts especially in equity research and financial modelling firms. In addition, several PhDs have joined industry in their management verticals depending on their topic of specialisation such as Marketing, Finance, Strategy, HR etc

Careers in the Public Sector

The areas of research for several Ph.D. graduates traverse the boundaries of the traditional industry set-up. Public policy institutes, Indian and global think-tanks, large research firms, and organisations such as the UN and the World Bank hire doctorates.

The Government of India also absorbs PhDs. Whether it is via the policy route or on account of their in-depth knowledge and expertise in a field, many PhDs find a place in government.

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PhD Salary In India

A PhD or Doctor of Philosophy is the highest academic degree a person can receive after completing a course of study. The word “PhD” comes from the Latin phrase “Philosophiae Doctor” and refers to a competition of solitary research in a particular area of interest. A PhD can take up to 3 Years to complete, with a maximum of 6 Years. A doctorate in research opens doors to a variety of opportunities. Greater employment opportunities are one of the factors that motivate people to pursue PhDs in their chosen fields. 

According to a 2019 study from the All India Survey of Higher Education (AISHE), the number of PhDs awarded has increased by 60% over the previous five years. In 2019-20, the total number of admissions rose from 1,24,451 to 2,02,5520. The PhD Salary in India varies depending on the various professional options one can choose after obtaining a PhD in a certain field. 

The students keen to apply for PhD programmes are interested in learning about PhD salaries in India in 2023. The given article will help aspirants to learn the salaries for various professions depending on various PhD career alternatives, as well as the PhD Professor salaries in India.

Read about University Grant Commission in the linked article.

Job Opportunities Post PhD

According to their knowledge and interests, students can choose the speciality in which they want to do research. Entrance exams, like the CSIR UGC NET, IIT JAM, and NPAT, are used to get admission to PhD programmes. Candidates who want to enrol in PhD programmes in engineering should take the GATE exam. 

After completing a PhD programme, candidates have access to a wide range of options in both the private and public sectors. Depending on their area of expertise, for example, research scientists, associate professors, economists, historians, etc, candidates can obtain high-paying jobs. The starting salary for candidates is Rs 6 LPA. The highest salary may increase based on experience, knowledge, talents and other factors. 

Some of the best career options to pursue after completing PhD degree are given below:

Interested candidates can also learn about the detailed IAS Salary , in the linked article.

PhD In Different Specialisation

Employment for PhD candidates is also based on the Specialisation in which they have completed their doctoral studies. The PhD programme offers a wide variety of specialisations with various career profiles, including PhDs in Management, PhDs in the Arts, PhDs in Engineering, PhDs in Medicine, PhDs in Legal Studies, etc. The details are given below:

• PhD Medical : Hospital Administrators, Medical Scientists, Professors and Researchers.
• PhD Engineering : Research Scientists, Mechanical Design Engineers and Executive Engineers. 
• PhD Mechanical Engineering : Executive Engineer, Research Scientist, Professor, Mechanical Design Engineer.
• PhD Arts : Content Writer, Economist, Professor and Clinical Psychologist.
• PhD Marketing: Deputy Manager, Marketing Manager, New Product Manager, Marketing Executive.
• PhD Psychology : Research Psychologist, Clinical Psychologist, Professor, Therapist.
• PhD Management : Management Consultant, Business Analyst, Data Analyst and Human Resource Manager.
• PhD Economics: Professor, Banker,Financial Managers, Accountant and Economists.
• PhD Mathematics: Accountant, Cashier, Finance Manager, Professor, Loan Counsellor.
• PhD Biology : Professor, Microbiologist and Research Biologist
• PhD Computer Science : Website Developer, Software Developer, Hardware Engineer and Network Engineer.
• PhD Chemistry: Forensic Chemist, Junior Scientist, Chemical Researcher, Medical Technologist.

The National Assessment and Accreditation Council (NAAC) is an organisation that assesses and accredits higher education Institutions (HEIs) in India. Click in the linked article to learn about it in detail.

The specialisation influences the jobs in the private sector. PhD candidates have multiple opportunities in the private sector because they work in practically every field, although their employment is dependent on their area of specialisation. Private universities, Google, Microsoft, Deloitte, and Infosys are a few of the leading employers in the private sector. In addition to working in the private sector, PhD holders are also recruited in government organisation. After earning a PhD, candidates have a wide range of options to consider, including working for chemical or pharmaceutical businesses, the oil and gas industry, the research sector, NGOs, etc. Both the commercial and public sectors have different salary structures.

To know more about the Current Affairs related information, refer to the linked article.

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PhD Salary For Different Professions

The PhD salaries for the various PhD specialisations of the candidates are listed in the table below:

Also, read the National Skills Qualifications Framework (NSQF)

Below is information on PhD salaries in India for Professor, Associate Professor and other positions. Candidates can view the table to see what PhD Professors make in India.

Check details related to Government exams after 12th in the given link. 

For help, candidates can turn to BYJU’S if they will be taking the exam for the first time and want some advice on how to prepare and study for the competitive exams. For the Best preparation strategy for competitive exams , candidates can visit the linked article and get detailed study material and preparation tips to excel in the examination.

Related links for Government exams are given in the table below:

Frequently Asked Questions about PhD Salary

Q1. what is the typical pay for lecturers in indian public universities and schools, q2. what is a phd graduate’s highest salary, q3. what is a researcher’s highest annual salary, q4. is an internship necessary to work as a professor, q5. what factors influence the pay of a phd professional, q6. from a financial perspective, is a phd worth it.

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PhD Business Management Jobs, Scope, Salary in India

Updated on - Jan 4, 2023

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:

(Source: Glassdoor)

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

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:

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
• 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:

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:

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
• J.P. Morgan
• Goldman Sachs
• 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
• 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
• 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
• Mary T. Barra
• Carlos Carrazana
• Abigail Johnso

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Doctor of Business Administration

CRICOS Provider Code: 03335G | CRICOS Course (DBA) Code: 090548G

Challenging, flexible and global – The SP Jain DBA is research in action.

SP Jain’s Doctor of Business Administration (DBA) is a doctoral program designed to meet the needs of high-achieving professionals who wish to enhance their business education through original research. The program includes topics specifically assigned to build your research skills and competencies in advanced areas of management and helps you develop the business expertise and technological prowess you need to advance your career.

The program builds on the business acumen of previously undertaken graduate studies, using global intelligence as a tool to solve business problems. It inspires you to develop new perspectives and approach business in an innovative way; it offers you the opportunity to study a real business issue in depth and immediately apply that knowledge in your working life, directly improving commercial outcomes within your organisation and beyond.

You can complete the program in three years full-time, or part-time in an equivalent period, and study online or at our campus in Sydney. The program offers all the academic rigour of a traditional PhD but is largely tailored to corporate executives and researchers who want a qualification that is practical and relevant to the organisation they work for.

Note: The program is not accredited or approved by All India Council for Technical Education (AICTE) or any regulatory body in India. 

DBA students who opt to study on-campus in Sydney may be able to continue to live and work in Australia by applying for a post-study work visa of up to 3 years upon completing the degree*

*As an on-campus international student, you may be able to continue to live and work in Australia temporarily following the completion of your doctoral degree at SP Jain. While graduating students can apply for a post-study work visa of up to 3 years per the current immigration guidelines, it is not a guaranteed program outcome. Please check the Australian Government’s Department of Home Affairs website regularly for eligibility, more information and updates.

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I see SP Jain’s DBA as my next step of progression to add value to my roles in the corporate and academic world. The program is offered online and adapts well to my busy personal and professional life. Additionally, the diversity that this program brings to the classroom is brilliant – there is so much to learn from my peers.

Prasun Chowdhury (DBA Batch 14) Director, AVENIR Management Services

I have 28+ years of experience in the BFSI domain, and I was looking for a program that would help me dig deep into my knowledge and make a difference in banks across Australia. I look forward to my mentors helping me master not just the academics, but also help me understand how my research can be applied in the industry.

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Network with all the SP Jain alumni who undertook this journey before you; most of them are in brilliant professional roles today. Also, network with your peers from this batch – you have brilliant potential and will be of great aid to each other in the coming years.

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I completed my Executive MBA from IIM Bangalore and delivered guest lectures there and in other forums over the last 10 years based on my topic of research. When I decided to enrol for a DBA program, my extensive study of universities proved to me that SP Jain is at par with any of the ivy league universities across the world. It is my good fortune that I was accepted into this cohort, and I am looking forward to learning from my faculty and peers.

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SP Jain’s DBA helps you differentiate yourself in the industry. It helps create new opportunities for you and expands your profile significantly. This is your time to research and learn new things – don’t miss out on the opportunity to learn as much as you can.

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The DBA degree is a value-added qualification that will give you a professional edge, help you tap into new career opportunities, and prepare you to make an impact as a thought leader. Graduates of the DBA program will be well-equipped for senior-level positions in organisations across various industries as well as for academic and executive roles in the education sector.

Hear from our graduates as they share how the SP Jain DBA has helped accelerate their career growth:

Dr Sai Hrushikesh Reddy Yadam

(DBA Class of 2021) General Manager, Unifeeder (DP World Group) UAE

“I earned 5 promotions in 3.5 years.

• 2017-2018: I worked as a Deputy Manager (Strategy) and got promoted as a Manager (Strategy) in a shipping and logistics company in Mumbai.
• March 2018: I started my DBA journey to seek professional guidance and improve my skills.
• April 2018: I got promoted as a Senior Manager in the shipping and logistics company in Mumbai.
• September 2018: Professor Seetharaman taught us many theories and techniques as part of our course work. One particular concept, “TOWS Matrix”, changed my thought process and was a turning point in my life. I used this concept to develop a 5-year plan that included personal and professional goals and designed a personal balanced scorecard.
• July 2019: I earned a double promotion as Deputy General Manager (BPM, India-Sri Lanka-Maldives + Projects Head, India + eCommerce, MEI Region countries) at a French shipping line.
• January 2021: I got promoted as a General Manager (Integration Office – Scope Middle East, Indian sub-continent, East and the Far East) at Dubai’s largest shipping and logistics company.

The DBA program helped me develop advanced problem-solving skills, adopt a clean and structured planning approach, increase my credibility and opportunities, and continuously improve my soft skills.”

DR RAMMOHAN SUNDARAM

(DBA Class of 2021) Country Head & Managing Partner Integrated Media at DDB Mudra Group India

I am currently the Country Head & Managing Partner – Integrated Media at DDB Mudra Group. I got promoted in January 2021 during the research process of the doctoral program. I have been informed that once I’m awarded the degree, I can expect an increment of at least 30%, which is significantly higher than my industry peers. This is largely attributed to the strategic skills I garnered during my study.

Dr Manoj Kapur

(DBA Class of 2021) Senior Examiner, Central Bank of the UAE UAE

“I acquired many academic, career-related, personal and interpersonal skillsets during my DBA journey. It has assisted me in my aptitude for research, critical thinking, time management, and building a sense of accomplishment. It has also allowed me to endeavour economic benefit through promotion and increment.”

DR MARKO SELAKOVIĆ

(DBA Class of 2021) Director – Institutional Development and Student Recruitment SP Jain School of Global Management Dubai

DBA enabled me to shift my career towards teaching and research. It enhanced my management skills, so I am able to go more analytically into different aspects and issues, and that helps me a lot in everyday business and operations.

Dr Milind Vinayak Gokhale

(DBA Class of 2021) Zonal Manager – Flooring Solutions, Nippon Paint (India) India

“The DBA program helped me get in-depth knowledge of various management and branding aspects related to my product mix domain. The DBA qualification has added a lot of weightage to my professional profile. People in my work domain have more confidence in my professional abilities now. They are confident that I can offer handy solutions which will create that techno-commercial edge over the competitive forces.”

Dr Shweta Tewari

(DBA Class of 2020) Founder, Amitiel Consultants India

“I bagged a new role at a prestigious university in Bengaluru, India. The DBA program helped me change my profile and, most importantly, taught me patience.”

Dr Sridhar Vishwanath

(DBA Class of 2021) Independent Consultant India

“The DBA program helped me differentiate myself in the consulting industry and opened new opportunities in academia. It gave me the tools and methods for rigorous research and enquiry that is critical in the knowledge industry.”

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Business Administration Salary in India 2024 – Average to Highest

How much money can you make working in business administration? If you’re thinking the same thing, then you’ve arrived at the correct spot since we’ll explore the typical business degree jobs salary in administration in India over the following piece. We’ll additionally examine at a few the highest-paid jobs in business administration to figure out how profitable a profession in business administration can be.

We’ll also look at some of the highest-paying roles in this field to see how lucrative a career in business administration is: 

What is the Average Business Administration Salary in India?

The average business administration salary in India is INR 4.75 lakh per annum. Their pay starts from INR 1.65 lakh per annum and goes up to INR 10 lakh per annum. Your pay in this field depends on multiple factors such as your experience and the city you work in. 

Hence, if you want to accelerate your career growth as a business administrator, it would be best to focus on enhancing your expertise and gaining professional experience. For example, entry-level business administrators earn 42% less than the average while early-career professionals in this sector earn 36% less than the average.

To be more specific, a business administrator with less than a year’s experience earns INR 2.75 lakh per annum on average while those with one to four years of professional experience in this field earn INR 3 lakh per annum on average. 

As you can see, experience plays a huge role in determining what you’ll earn as a business administrator. Another factor that has a huge impact on your business administration salary in India is the city you work in. 

Every city has a different cost of living, which is why their average business administration varies from one place to another. For example, business administrators in Bangalore earn 47% less than the national average. In terms of benefits, business administrators usually enjoy medical, dental and vision-related benefits as part of their perks. 

By knowing and understanding the impact of these factors, you can plan your career more accurately and have a better idea of what you can do to get ahead in this field. 

What Does a Business Administrator Do?

A business administrator is responsible for overseeing the business activities of an organization and ensuring that they function efficiently. They usually act as an intermediary between the employees, stakeholders, and customers. 

Business administrators are responsible for creating short and long term business plans and strategies for their organization to increase sales and boost growth. 

They work with various department heads to ensure the company runs like a well-oiled machine. This means they must be proficient in multiple aspects of management and administration and have an in-depth knowledge of these fields. 

A business administrator might have to perform human resources tasks, provide staff training, create budgets, offer administrator support, and perform various other tasks.

Apart from these tasks, their daily tasks include record-keeping, answering telephone inquiries, writing & organizing documents, and keeping a close eye on all administration-related matters. The business administrator has to inform the upper and lower-level management about the recent changes in the company. 

They review and evaluate budget proposals and represent the company to clients and other businesses for sales and negotiations. 

As part of their HR duties, business administrators have to hire and manage a team of supervisors, employees, and volunteers. Business administrators must ensure that their staff completes their projects punctually and efficiently as they themselves are held responsible for the performance of their subordinates. 

They work in a typical office setting during conventional work hours however, they might have to work overtime occasionally depending on their organization’s requirements. Certainly, the role of a business administrator carries a lot of responsibilities, which is a big reason why it attracts such lucrative a high business administration salary in India. 

What Does a Business Administrator Job Description Involve?

A business administrator takes charge of monitoring the operations of a company and guaranteeing that they run smoothly. They typically serve as a liaison between staff, customers, and stakeholders. 

Business administrators are responsible for developing long and short-term business plans as well as plans for the company in order to promote growth and sales. 

They collaborate with numerous department leaders to guarantee the organization works well. This requires them to be skilled in numerous elements of administration and management, as well as having in-depth understanding of these fields. 

Aside from these duties, business administrator skills involve the everyday responsibilities such as record-keeping, taking phone calls, creating and organizing paperwork, and keeping an eye on all administration-related concerns. The business administrator is responsible for informing lower and upper-level management.

How Much is the Median Wage for a Business Administrator in India?

In India, the typical business administration income is INR 4 Lakhs per year. The wage ranges from INR 1.3 Lakhs per year to INR 10.3 Lakhs per year. This makes the national average of a business administration salary per month to be INR 42,134 per month.

Your income in this sector is determined by a variety of criteria, including your expertise and the region in which you work. In India, having a business administration career, salary with less than a year to about 12 years of total experience ranges from INR 1.3 Lakhs per year to INR 10.3 Lakhs per year.

As the wage of a Business Administrator varies depending on the city, the following are some of the cities according to which the business administration salary per month can be expected on an average:

• Bengaluru, Karnataka – INR 42,987 per month
• Pune, Maharashtra – INR 34,386 per month
• Noida, Uttar Pradesh – INR 29,216 per month
• Chennai, Tamil Nadu – INR 26,533 per month

High Paying Careers in Business Administration

Business administration is quite a broad field and it’s not limited to one role. It would be unfair to talk about business administration salary without talking about the best-paying roles of this field. 

Although your progress in this field depends a lot on your qualifications and expertise, your growth prospects would certainly be bright if you put in the required effort. In the following points, we have shared some of the highest-paying business administration careers so you can understand just how fantastic this field is and why it’s worth pursuing a career in: 

Finance Manager 

The average pay of a finance manager in India is INR 9.92 lakh per annum, including shared profits, bonuses, and commissions. Their pay starts from INR 3.5 lakh per annum and goes up to INR 20 lakh per annum depending on their experience and expertise. 

Finance managers with one to four years of professional experience earn INR 7.3 lakh per annum while those with five to nine years of experience earn INR 10 lakh per annum on average, which indicates that the most influential factor that determines your pay here is your experience. 

What Does a Finance Manager Do?

Finance managers are responsible for developing and monitoring departmental budgets within their organization. They have to analyse and predict the financial requirements of their company and plan the budget accordingly. Finance managers work with operations managers to find areas for cost reductions and improvement. 

Finance managers have to create reports on various financial matters of the company and keep track of all the expenses their organization makes to ensure they don’t go over the budget. 

Learn Online MBA Courses  from the World’s top Universities. Earn Masters, Executive PGP, or Advanced Certificate Programs to fast-track your career.

Sales Manager

A sales manager earns an average salary of INR 4.88 lakh per annum. Pay for this role starts from INR 2.48 lakh per year and goes up to INR 10 lakh per annum. Your expertise in different aspects of business matters a lot in determining your pay here.

Sales managers with business development skill earn 40% more than the average. Other skills that offer above-average pay in this field are:

• Sales Management (4% more than the average)
• Customer Relationship Management (4% more than the average)
• Strategic Sales (3% more than the average) 

What Does a Sales Manager Do?

A sales manager is responsible for managing the sales activities of an organization. They work with a team of sales executives and ensure that their team achieves the sales goals of their company. This role requires one to have strong interpersonal and communication skills because sales managers have to interact with new and existing clients constantly. 

Sales managers must grow their profits while ensuring that their customers are satisfied. They are also responsible for the productivity of their sales team so they must motivate and lead them accordingly. 

Corporate Strategy Manager

A corporate strategy manager earns an average salary of INR 19.7 lakh per annum in India. Pay for this role ranges from INR 6.26 lakh per annum and goes up to INR 30 lakh per annum. It’s certainly among the highest-paying business administration roles and requires a lot of experience and expertise. 

Skills that help you get higher pay in this role are:

• Strategic Planning (16% more than the average)
• Strategic Development (16% more than the average)
• Business Strategy (6% more than the average) 

What Does a Corporate Strategy Manager Do?

Corporate strategy managers are responsible for organizing and determining their strengths and weaknesses. They have to make recommendations to improve the organization according to the internal and factors.

This role requires strong analytical and problem-solving skills. Corporate strategy managers have to align department goals and processes with the organizational strategy and identify threats to the company. They must also monitor the different projects underway within their organization and report on the same. 

Accounting Manager

Accounting managers earn an average salary of INR 7 lakh per annum. Their salaries start from INR 2.23 lakh per year and go up to INR 20 lakh per annum including bonuses and shared profits. 

Accounting managers with less than a year’s experience earn INR 3.75 lakh per annum while those with one to four years of experience make INR 4.95 lakh per annum on average. On the other hand, accounting managers with 10+ years of professional experience earn INR 8.23 lakh per annum on average. 

What Does an Accounting Manager Do?

An accounting manager has to gather, analyse, verify and report financial information. They work with a team of management professionals and have various responsibilities. 

Accounting managers hire train, and coach subordinates. One of their primary duties is to prepare and regulate budgets while scheduling expenses and performing corrective actions if any budgetary issues occur.

They have to keep a close watch on the organization’s financial health through monitoring expenses and revenue. Accounting managers work with other finance professionals to help create the organization’s future budgets. 

Management Consultant

With sufficient experience and expertise in business administration, you can pursue senior roles such as management consultant in the industry as well. A management consultant earns an average salary of INR 11.2 lakh per year in India. 

Management consultants with less than a year’s experience earn INR 6.45 lakh per annum while those with one to four years of experience earn INR 8.72 lakh per annum. Similarly, management consultants who have five to nine years of experience make INR 13 lakh per year. Those with 10+ years of experience earn anywhere between INR 19.5 to 23 lakh per year on average. 

What Does a Management Consultant Do?

The role of a management consultant has a ton of responsibilities. Management consultants are business experts who help their clients in solving complicated problems. They focus on understanding their client’s requirements and provide them with strategies and solutions to combat the challenges they face. 

Management consultants might interview their client’s staff and management teams to figure out their client’s unique problems and requirements. They also conduct regular meetings with the organization’s stakeholders and staff. 

This role requires strong analytical, problem-solving, and interpersonal skills as one has to interact with multiple people and formulate solutions to large and advanced business problems. 

The average business administration salary in India is quite impressive. Moreover, the growth prospects in this field are marvellous and with the necessary skills and experience, you can easily bag high-paying jobs in this industry.

In India, the typical business administration pay is pretty excellent. Thus, with a master of business administration, salary can be high depending on the city you live in. Furthermore, the prospects for advancement in this profession are outstanding and provided you have the appropriate abilities and expertise, you may easily land high-paying positions in this business.

If you want to pursue a career in business administration, you should check out our Global MBA course . It will equip you with the required knowledge to become a business administration professional. 

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Frequently Asked Questions (FAQs)

A Business Administrator’s role is multi-faceted. A Business Administrator is required to control the whole functionality of the sales process. A Business Administrator is responsible for creating sturdy processes, business plans, and strategies with an objective to increase sales and boost the overall growth. The average salary as a Business Administrator is INR 500,000 annually in India in 2021. The average salary for a Business Administrator also depends on the location as the cost of living can drastically change with location. Further, relevant educational background and skills also make a difference.

It would be safe to say that a Business Administrator’s salary can touch INR 10 lakhs per year. A Business Administrator’s salary has huge long term potential for growth. So they are certain factors based on which the salary can touch an attractive INR 10 lakhs or even more than that. A higher salary can be expected if you have the relevant work experience to what your company requires. During your role as a Business Administrator, you can work towards specialising in a department of your choice. This paves a path towards a specialised long term career like Finance Manager, Sales Manager, etc.

A Business Administrator can get a job at an entry level. However, if have work experience relevant to the field then you can not only get a higher salary but also a stronger foothold in your organisation. A Business Administrator works closely with many departments to smoothen all the functions. Achieving this certainly requires work experience. So at the entry level, you can expect a lower end of the salary. As you start understanding the system and start adding value, you will experience a rise in your salary.

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Whether you’re looking to advance in your career or seeking to address new management challenges, a PhD in Management in India can help you set foot on your professional and personal goals. Earning a PhD in Management is not easy, but the results can be life-changing. As PhD in Management in India is the highest level possible in education, it is a symbol of dedication and highly valued expertise.

Being one of the highest academic degrees, a PhD in Management in India is primarily designed for candidates who wish to make a career in academia, teaching careers at business schools or research positions in the industry. Thus, a PhD in Management is committed to training candidates to excel in their chosen research areas and produce publication-quality work of global standards.

Moreover, there is a vast career scope after PhD in Management . The doctorate course prepares individuals for careers in teaching and research in management studies and careers in the government sector, corporate sector, and various organisations that require advanced analytical and research capabilities.

Career Scope After PhD in Management

The professionals in business administration have an opportunity to find ample job opportunities in the present corporate world. Therefore, a professional with a PhD in Management in India is highly desired in the job market. Additionally, the doctorate is much suited for individuals who wish to pursue a career as a University Professor or as a researcher in diverse areas of administration. A PhD in Management degree holder can also find a job in well-established private sector enterprises or government departments. Some of the job opportunities for candidates after PhD in Management in India are:

• Jobs in Public Sector PhD degree holders in Management can find abundant job opportunities in the education sector. To be a University Professor, the individual must undergo competitive tests like NET conducted by UGC. Besides the education sector, doctorate holders have enough job opportunities in other government organisations, including:
• Steel Authority of India
• Bharat Heavy Electricals Limited
• Indian Oil Corporation Ltd
• Bharat Sanchar Nigam Limited
• Jobs in Private Sector The students who have pursued PhD in Management in India can also get into senior job profiles in the private sector. These professionals are offered lucrative salaries along with attractive perks. Some of the job options for PhD degree holders in the private sector are:
• Private Banks
• Business Consultancies
• Brand & Marketing
• Personal Business
• Export Companies
• Financial Organisations
• Industrial Houses
• Multinational Companies
• Jobs Opportunities Outside India A PhD in Management in India also offers rewarding opportunities to individuals with similar job profiles outside India. There is a vast career scope for PhD in Management in academia, research industries and various private organisations for skilled professionals abroad.

Forge a Successful Career After a PhD In Management With KIIT School of Management (KSOM)

The PhD programme at KIIT School of Management (KSOM) is outlined to equip students with research knowledge and skills that make them specialised researchers with adequate depth of knowledge in several knowledge domains of Management. The PhD Programme at KIIT aims to create new management knowledge relevant to India and the world.

If you wish to opt for a PhD in Management course, then KSOM is the place that can help you stand out. The eligibility for PhD in Management at KSOM requires candidates with a consistently good academic record, professional accomplishments and a rigid urge to contribute to knowledge creation and dissemination in the area of Management.

The eligibility for PhD in Management at KSOM is as follows:

• Tech./ MCA /ME / MBA/ or an equivalent degree with minimum 60% aggregate marks or an equivalent Cumulative Grade Point Average (CGPA). Or
• Sc./ M.Com./MA /LLM or an equivalent degree with minimum 55% aggregate marks or an equivalent Cumulative Grade Point Average (CGPA) Or
• Tech./ BE or an equivalent degree with a minimum of 60% aggregate marks or an equivalent Cumulative Grade Point Average (CGPA).

In addition, all the working executives will also have to submit a “NO Objection Certificate” from the Employer with all other academic documents.

Moreover, the individuals at KSOM are exposed to different approaches to doing management research. This imparts equal emphasis to qualitative and quantitative research wherein the students undergo a course on Research Methodology. At KIIT, candidates also undergo domain-specific courses and acquire skills for doing critical literature reviews as recommended by the Research Scrutiny Committee.

Click here to get all the details about eligibility for a PhD in Management , fees, application process and admission process at KSOM.

https://ksom.ac.in/programs/ph-d/admission-process-and-fees/ .

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