PhD in Finance: Course Fees, Admission 2025, Syllabus, Top Colleges, Career Scope

Pallavi Priyadarshini PandaContent Writer
PhD in Finance is a doctorate course that can be completed in three to six years. This course focuses on advanced studies and research in the field of Finance. Students must make sure to have completed a PG degree in Finance or related subjects. Entrance exams that are accepted are UGC NET, GATE, CAT, CSIR NET, etc.
After completing PhD, students can get jobs as Professors, Tax Consultants, Chief Financial Advisors, etc, and earn a salary of around INR 3 LPA - INR 8 LPA.
PhD in Finance Course Details
A PhD in Finance is a research-oriented course that prepares students for academic careers and for positions in research institutes, government agencies and industry.
The highlights table gives quick information about the course types, duration, course fees and entrance exams for pursuing the course -
Particulars |
Details |
---|---|
Course Name |
Doctor of Philosophy in Finance |
Course level |
Doctorate |
Eligibility |
Through Fellowship: Master's in a relevant discipline with at least 55% marks Research Entrance Test: PG degree with at least 55% marks |
Duration |
3 years and a maximum of up to 6 years |
Course Fee |
Rs. 15 K - INR 6 L |
Top Colleges | IIM Visakhapatnam, IIT Madras, Amity University, Noida, VIT Business School Vellore |
Average Salary |
Rs. 3 LPA - INR 8 LPA |
Top Recruiters |
Government Departments, Research Institutes, Academic Institutions, Colleges, and Universities |
Entrance Exams |
UGC NET, GATE, CAT, CSIR NET, etc |
Job Positions |
Assistant Professor, Associate Professor, Tax Consultant, Chief Financial Officer, Research Advisor, Research Consultant, etc. |
Note - This info is taken from various sources and can vary.
Useful Links related to PhD in Finance:
Professional Courses in Finance
- PhD in Finance Eligibility Criteria and Admission 2025
- PhD in Finance Entrance Exams 2025
- PhD in Finance Syllabus
- Best Colleges for PhD in Finance
- Popular Private Ph.D. in Finance Colleges in India
- PhD in Finance Career Scope: Job Profiles, Salary and Top Recruiters
- PhD in Finance FAQs
- Popular Ph.D. in Finance Specializations
- Course Cutoffs
PhD in Finance Eligibility Criteria and Admission 2025
Students can pursue a PhD course in Finance only if they have completed their PG degree in a similar course/ field in which they want to pursue a PhD.
Given below is the minimum eligibility criteria for a PhD in Finance -
- Get at least 55% - 60% marks in a PG program in finance or equivalent
- Some colleges conduct written tests or accept national-level entrance exam scores.
Note - This info is taken from the official website and can vary.
PhD in Finance Admission 2025
- Step-1 Choose the program
- Step-2 Prepare Required Documents
- Step-3 Fill out the Application Form and Pay the Fees
- Step-4 Entrance Exams
- Step-5 Submit Application
- Step-6 Interview
- Step-7 Await Admission Decision
- Step-8 Confirm Enrollment
- Step-9 Prepare for the Start of Classes
- Step-10 Start Classes
Relevant Links of PhD in Finance:
Difference between Private Finance and Public Finance
PhD in Finance Entrance Exams 2025
Some of the common entrance exams or requirements for admission to PhD in Finance may include -
PhD in Finance Entrance Exams | Exam Schedule |
---|---|
UGC NET | UGC NET Exam Date 2025 |
GATE | GATE Exam Date 2026 |
CAT | CAT Exam Date 2025 |
CSIR NET | CSIR NET Exam Date 2025 |
ICMR JRF |
ICMR JRF Exam Date 2025 |
Note - This info is taken from the official website and can vary.
Suggested PhD in Finance readings:
Important Exam Dates
Dates | Upcoming Exam Dates |
---|---|
27 Sep ' 25 - 26 Oct ' 25 | TIFR GS 2026 Application Process ONGOING |
12 Oct ' 25 | TIFR GS 2026 Application deadline for Fee Waiver Requests |
19 Oct ' 25 | TIFR GS 2026 Application deadline for choice of test center |
26 Oct ' 25 | TIFR GS 2026 Application deadline for completing REGISTRATION |
14 Dec ' 25 | TIFR GS 2026 Exam |
Jan ' 26 | ICAR JRF SRF 2025 Counselling: Online Registration, Fee, TENTATIVE |
Jan ' 26 | TIFR GS Final Answer TENTATIVE |
Dates | Past Exam Dates |
---|---|
13 Aug ' 25 | ICAR AICE JRF SRF 2025 Final Answer Key |
Jul ' 25 | JEST 2025 Provisional Answer Key |
Jul ' 25 | JEST 2025 Answer Key Objection |
PhD in Finance Syllabus
The PhD in Finance coursework is usually spread across six semesters. While the specific PhD in Finance syllabus can differ on the basis of the college and the focus of the program, here is a generalized overview of topics commonly covered -
PhD in Finance Subjects - Semester 1 | |
---|---|
Quantitative Methods in Finance | Financial Decision Making |
PhD in Finance Syllabus - Sem 2 | |
Economics | Microeconomic Theory |
Ph D in Finance Subjects - Semester 3 | |
Mathematical Economics | Theory of Quantitative Methods in Economics |
Ph D in Finance Syllabus - Semester 4 | |
Econometrics | Empirical Methods in Finance |
Ph.D. in Finance Subjects - Semester 5 | |
Fixed Income | Advanced Applied Analysis |
Ph.D. in Finance Syllabus - Semester 6 | |
Taxation | Accounting Theory |
Best Colleges for PhD in Finance
These colleges are known for their strong faculty, research facilities and exposure in the field of Finance. Here are some of the top colleges in India known for offering PhD in Finance.
PhD in Finance Government Colleges
Some of the popular government colleges for PhD in Finance are as follows -
PhD Finance Government Colleges | Total Fees |
---|---|
IIM Kashipur | NA |
IIM Udaipur | NA |
IIM Visakhapatnam | NA |
IIM, Bangalore | NA |
IIM, Rohtak | NA |
IIT Madras | INR 15,000 |
IIM Sirmaur | INR 6 Lakh |
Note - This info is taken from the official website and can vary.
PhD in Finance Private Colleges
Some of the popular private colleges for pursuing PhD in Finance are as follows -
PhD Finance Private Colleges | Total Fees |
---|---|
INR 3 Lakh - 3.02 Lakh |
|
INR 4.2 Lakh |
|
INR 90,000 |
|
INR 2 Lakh - 2.85 Lakh |
|
INR 4.2 Lakh |
|
INR 66,500 |
|
INR 1.8 Lakh |
|
INR 90,000 |
|
INR 1 Lakh |
|
INR 50,000 - 4 Lakh |
Note - This info is taken from the official website and can vary.
PhD in Finance links you may be interested in:
List of Top 10 MBA Finance Colleges
Business & Management Studies Applications open till Oct 15, 2025. Apply Now
Business & Management Studies Applications open till Nov 20, 2025. Apply Now
Popular Private Ph.D. in Finance Colleges in India
Business & Management Studies Applications open. Apply Now
PhD in Finance Career Scope: Job Profiles, Salary and Top Recruiters
Getting a PhD Finance can land you many job options in India in academia, research, industry and government sectors. Students just need to stay updated with the latest developments in Finance and build their skills.
PhD in Finance Salary in India
The salary for students with a Ph.D in Finance in India can differ on the basis of factors like their specific role, industry, level of experience, location and the company they work for.
Some of the PhD in Finance Salary along with their job roles are listed below -
PhD in Finance Job Roles |
Average Salary |
---|---|
Stockbroker |
INR 2.2 LPA - INR 5.7 LPA |
Statistician |
INR 3.8 LPA - INR 17.5 LPA |
CFA Manager |
INR 3.3 LPA - INR 17.1 LPA |
Finance Consultant |
INR 3.1 LPA - INR 18 LPA |
Tax Consultant |
INR 2.4 LPA - INR 11.1 LPA |
Note - The average salary has been taken from Ambitionbox.com.
Relevant Links for PhD in Finance:
Popular Integrated MBA Programmes in India
Popular Finance Courses in India
PhD in Finance Top Recruiters
Some of the PhD in Finance Top Recruiters in India are listed below -
PhD in Finance Top Recruiters | |
---|---|
RBI | SEBI |
NSE | Bombay Stock Exchange |
SBI | ICICI Bank |
HDFC Bank | Axis Bank |
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PhD in Finance FAQs
Here are some Important FAQs related to Ph.D. in Finance.
Popular Ph.D. in Finance Specializations
Popular Specializations
- Finance
41 Colleges
- Human Resources
26 Colleges
- Sales & Marketing
21 Colleges
- Operations
16 Colleges
- IT & Systems
11 Colleges
- Business Economics
6 Colleges
- Supply Chain
6 Colleges
- Entrepreneurship
5 Colleges
- Business Analytics
4 Colleges
Course Cutoffs
News & Updates
Student Forum
Answered 3 weeks ago
Yes, you should definitely pursue MBA in Finance from Chandigarh University. The most interesting part of this course is that 30–40% of the classes are taught by PwC partners. This makes students get practical knowledge, not just theory. The course also allows dual specialisation like investment ban
P
Beginner-Level 5
Answered 4 weeks ago
Absolutely! MBA in Finance is open to graduates from all the streams including engineering, arts, science, etc. You might need to brush up on basics of accounting, finance, and statistics before joining but your analytical and problem-solving skills from other backgrounds can actually be a huge adva
A
Contributor-Level 7
Answered 4 weeks ago
Placement Scenerio in the Top MBA Finance colleges are very strong as Finance MBA is the most sought after specialisation in MBA. For example: IIMs, XLRI, ISB, SPJIMR offer packages ranging from INR 15 LPA to INR 50 LPA in finance roles. Common job roles include: Investment Banker, Financial Analyst
A
Contributor-Level 7
Answered 4 weeks ago
Interesting question, To make this clear think of it like this, MBA Finance is more of a practical and industry oriented. MBA in Finance degree focuses on corporate finance, investment banking, financial planning, and management skills that companies look for & on the opposite side M.Com in Finance
P
Contributor-Level 7
Answered 4 weeks ago
After completing their MBA in Finance, students are open to various career options such as investment banking, financial analysis, corporate finance, risk management, asset management, portfolio management and financial consulting. They can also aim for executive roles like Chief Financial Officer (
P
Contributor-Level 10
Answered 4 weeks ago
MBA in Finance is a specialised MBA Degree which usually covers core business topics and specialised finance subjects such as Corporate Finance, Financial Accounting and Analysis, Investment Management, Financial Markets and Institutions, Risk Management, Financial Modeling and International Finance
M
Contributor-Level 7
Answered a month ago
MBA graduates in South Korea secure roles in management finance, marketing and technology sectors. Beginning salaries of graduates range from approx USD 30,000 - USD 55,000 which depends on industry and company. This shows the demand for skilled professionals who are capable of global business chall
S
Contributor-Level 10
Answered a month ago
Yes, Graphic Era Hill University Bhimtal BCom students are eligible for Finance domain jobs. Students enrolled in the programme learn about various concepts of Accountancy and Finance. Students who wish to land a job can check below to learn some job positions that BCom graduates can pursue:
- Accounta
S
Contributor-Level 10
Answered a month ago
The MSc International Banking and Finance degree is taught within Middlesex University's Business School where university deliver high-quality teaching and research, and provide a supportive learning environment, helping students to achieve excellent academic resultsWith immense power to affect orga
S
Contributor-Level 10
Answered a month ago
Institutions in Durgapur providing MBA in HR and Finance may be willing to accept the support received from the Guruji Student Credit Card scheme through its acceptance as an eligible institute approved by the Jharkhand Government. Although there is not a specific list of the colleges in Durgapur, s
A
Contributor-Level 10
Answered a month ago
With B.Com, MBA, and B.Ed (Economics), you cannot directly become a TGT Maths teacher in most government schools.
But with additional Maths qualification + TET/CTET, it is possible.
Private schools and coaching centers are more flexi
ble.
M
Beginner-Level 5
Answered a month ago
The highest package offered to MBA finance at Universal AI University placements 2025 was INR 40.32 LPA. Check out the table for reference:
MBA Specialisations | the highest Packages (2025) |
---|---|
MBA Finance | INR 40.32 LPA |
M
Contributor-Level 10
Answered 2 months ago
Hi, it can be observed that pursuing a diploma in Banking, Finance and Insurance in Mumbai can be quite inexpensive as most of the colleges have an average tuition fee of less than INR 1 lakh.
A
Contributor-Level 10
Answered 2 months ago
The average course fees at the best government MBA in Finance colleges in Mumbai are given in the table below:
College Name | Average Fees |
---|---|
Shailesh J. Mehta School of Management, IIT Bombay Admission | INR 10 Lakh |
INR 7.02 Lakh- 7.29 Lakh |
Disclaimer: This information is sourced from the official website and may vary.
M
Contributor-Level 10
Answered 2 months ago
The average course fees at the best private MBA in Finance colleges in Mumbai are given in the table below:
College Name | Average Fees |
---|---|
INR 14.5 Lakh- 24 Lakh | |
INR 21.34 Lakh | |
INR 14 Lakh | |
INR 25 Lakh | |
INR 16.5 Lakh |
Disclaimer: This information is sourced from the official website and may vary.
M
Contributor-Level 10
Answered 2 months ago
Yes, it is definitely worth pursuing a degree from the best MBA in Finance colleges in Mumbai if the students are interested in building a career in the field of Finance. Students can also measure the financial worth of pursuing a degree from these colleges by comparing their fees and placement sala
M
Contributor-Level 10
Answered 2 months ago
SIMS Pune has good record of placements for its MBA in Finance specialisation. In 2025, the highest package was offered to the students of the MBA Finance, which stood at INR 21 LPA. The specialization-wise the highest packages offered to the MBA Class of 2025 are tabulated below:
Specialization | the highest Package (2025) |
---|---|
Marketing | INR 20 LPA |
Finance | INR 21 LPA |
HRM | INR 16 LPA |
Operations Management & SCM | INR 15 LPA |
Data Analytics | INR 16 LPA |
Answered 2 months ago
To obtain the admission form for MBA Finance course from Parle Tilak Vidyalaya Association's Institute of Management, you can do so from the official website of the institute. Institute usually accepts admissions for the MMS program, which can have finance specialization, through an online form. You
A
Contributor-Level 10
Answered 2 months ago
The tuition fee for BCom in Accounting and Finance at Loyola College is around INR 84,520 to INR 84,640 per semester. The BCom in Accounting and Finance course is only available in Shift 2, hence the aforementioned fee is applicable to those respective candidates. The total tuition fee for BCom in A
S
Contributor-Level 10
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