PhD Degree in Commerce - About Minimum Qualification, Universities, And Admission 2025-26

About This Course

Doctor of Business Administration (DBA)

The Doctor of Business Administration (DBA) is a doctoral program designed for high-achieving professionals who wish to elevate their business expertise through original research. It builds on the business knowledge you have gained from previous graduate studies and equips you with the tools to solve complex business problems using global intelligence.

This program inspires fresh perspectives, encouraging innovative approaches to business challenges. You will study a real business issue in depth and immediately apply your insights in your professional life, enhancing outcomes within your organisation and beyond. While the DBA offers the academic rigor of a traditional PhD, it is tailored for corporate executives and applied researchers, making it practical, relevant, and directly beneficial to your organisation.

International students studying on-campus in Sydney may also be eligible to apply for a post-study work visa of up to three years after completing the DBA.

Doctor of Philosophy (PhD)

Research is the pinnacle of human intellectual endeavor, and the PhD is the highest academic degree one can earn. It allows scholars to create new knowledge and contribute meaningfully to their field. PhD graduates are entitled to use the title “Dr” for life.

Usha Martin University (UMU), Ranchi (Jharkhand), invites applications from meritorious and innovative candidates for its PhD programs. The programs are conducted in accordance with the UGC (Minimum Standards and Procedure for Award of Ph.D. Degrees Regulation, 2016) and UMU’s own PhD regulations. UMU fosters a culture of research and innovation, combining both theoretical and experimental inquiry.

PhD and Careers in Commerce

Commerce is the study of buying, selling, and trading goods and services, as well as the economic, financial, technological, and organizational factors that drive the global marketplace.

Popular Specialisations in Commerce:

• Accounting: Recording and analysing financial transactions.
• Finance: Managing money, investments, and capital.
• Marketing: Promoting products and understanding consumer behaviour.
• E-Commerce: Digital business activities and online marketing.
• International Business: Business operations across national borders.

Learning Outcomes in a Commerce Program:

Students pursuing a Commerce degree will:

• Understand financial management and accounting principles.
• Explore global markets and international trade.
• Develop skills in statistical analysis, business forecasting, and corporate strategy.

Typical Courses Include:

• Microeconomics & Macroeconomics: Market behaviour and economic trends.
• Business Statistics: Analysing data for decision-making.
• Corporate Finance: Funding, investments, and capital structure.
• Business Law: Legal frameworks for businesses.
• Management Information Systems: Using IT for business insights.

Eligibility

1. Educational Qualifications:

• Candidates should have a Master’s degree in Commerce (M.Com), Business Administration (MBA), or a related field with a minimum of 55% marks or an equivalent grade.
• Alternatively, candidates with a four-year Bachelor’s degree in Commerce or Business with at least 75% marks and four years of professional experience in teaching, research, or industry may also be eligible.
• Relaxation for Reserved Categories: Candidates belonging to SC/ST/OBC (Non-Creamy Layer), Differently-Abled, or other specified categories are eligible for a 5% relaxation in minimum marks, as per UGC and government guidelines.

2. Entrance Examination:

• Candidates must appear for the PhD Entrance Test (PET) conducted by DBU, which evaluates research aptitude, knowledge of management concepts, and general academic ability.

3. Interview:

• After qualifying the entrance test, candidates are invited for an interview where their research proposal and academic background are assessed.
• Candidates who have already qualified UGC (JRF)/NET/SET/SLET or hold an M.Phil. degree may directly appear for the interview without taking the entrance test.

4. Other Eligibility Considerations:

• Candidates must have completed a master’s degree program following a bachelor’s degree.
• Certain fellowships or exams such as GATE, Teacher Fellowship, or HPKVSPP may also satisfy eligibility requirements, as per UGC notifications.

PhD in Commerce - Admission Process

1. Online Application:

• Candidates must apply online.
• Applications should include academic records, work experience (if applicable), and a research proposal.

2. Entrance Test:

• After registration, candidates are required to appear for the PhD Entrance Test (PET).
• The test evaluates the candidate’s research methodology skills and knowledge of commerce-related subjects.

3. Interview:

• Candidates who qualify the entrance test are invited for an interview.
• During the interview, candidates present their research interests, discuss their academic background, and explain their proposed research topic.

4. Final Selection:

• Admission is based on combined performance in the entrance test and interview.
• Successful candidates are then admitted into the PhD program.

Additional Notes for Other Programs:

• Diploma, B.Tech, and PhD programs: Admission is based on an entrance test.
• MBA programs: Admission is based on a personal interview.
• Other programs: Admission depends on the specific eligibility criteria of the respective program.

Future Scope

Skills Required for Commerce Graduates:

• Analytical thinking and problem-solving
• Effective communication
• Numeracy and quantitative reasoning
• Interpersonal and collaborative skills
• Understanding of global market trends

Career Opportunities for Commerce Graduates:

• Financial Analyst: Evaluate investments and manage portfolios.
• Accountant: Ensure accurate financial records and compliance.
• Marketing Specialist: Develop strategies to reach target markets.
• E-Commerce Manager: Manage online sales and digital business operations.
• Export/Import Manager: Oversee international trade processes.

Commerce graduates have versatile career options in multinational corporations, startups, government, and entrepreneurship.

Additional Opportunities:

Students can also explore online PhDs in Commerce, providing flexible access to advanced research opportunities.