Ph.D

A PhD in Finance offers a deep and specialised understanding of financial theories, methodologies and research techniques. A PhD in Finance can lead to academic careers as professors or researchers as well as opportunities in research institutions, think tanks or policy-making organizations. It can also open doors to high-level positions in various industries.A finance MBA covers a wide range of topics, such as corporate finance, investment analysis, financial markets and strategic management. For positions requiring a blend of managerial and financial ability, an MBA in finance is very beneficial.The decision of pursuing an MBA in Finance or a PhD in Finance ultimately depends on your preferences, career goals and the specific knowledge and skills you wish to acquire.

A PhD in Finance typically involves in-depth research and academic study in specialised areas of Finance. PhD in Finance can provide a comprehensive understanding of financial theories, methodologies, and advanced analytical skills.The CFA program covers a broad range of topics in Finance, including investment analysis, portfolio management, ethical and professional standards, and other relevant areas. CFA provides practical, industry-focused knowledge and skills that are directly applicable to roles in investment management, asset management, equity research and other finance-related fields.Ultimately, your hobbies, job aspirations, and preferred career path within the finance business will determine whether a PhD in Finance is a better designation than a CFA.

Of course, it is possible for you to pursue a PhD in Finance after completing an MBA in India. Many universities in India offer PhD programs in Finance or related fields such as Economics, Business Management with a focus on Finance. Generally, you would need to fulfill specific prerequisites stated by the university offering a PhD in Finance in order to pursue a PhD in Finance after earning an MBA. Strong academic credentials, appropriate professional experience, passing the necessary entry examinations and the ability to demonstrate research aptitude or potential through an interview or written research proposal are some examples of these requirements. I hope you find this helpful!

The coursework of PhD in Finance is similar to other PhD courses. It includes research, seminars, presentations, etc. that a student works on during the course. The coursework is prescribed by the university and is to be completed within the first two semesters. Post the completion of PhD in Finance coursework, students have to submit their Research Proposal along with their Research Topic. Given below is the process that follows thereafter:Students are allocated a research supervisor/ guide.During research work, they are supposed to submit progress reports, attend seminars, presentations and one research paper in a peer-reviewed/refereed Journal before submitting their PhD thesis.The supervisor will review and suggest changes in the thesis. Students will have to submit a summary of the thesis after incorporating changes about 45 days before final thesis submission.Experts will examine the thesis. If the experts suggest modifications to the thesis, students will have to make the changes and re-submit their thesis.Next, students will have to clear a viva voce round where they will have to present their thesis before a panel of experts. Upon successful presentation, the student will be awarded a PhD degree.

 PhD in Finance admission is based on the entrance exam score. Some universities accept candidates on the basis of their scores in a national-level entrance exam or conduct their own written tests to shortlist students. The candidates have to appear for a personal interview round for final selection. Candidates need to check the selection criteria for PhD course of their target institute before applying for admission. The candidate will require 6 to 12 months to prepare for the entrance test.Steps of PhD in Finance Admission Process:Select a collegeGo through PhD in Finance admission criteriaPrepare for the entrance exam and interviewClear the entrance testFill out the PhD admission formAppear for interviewConfirm admission upon selectionRead More: How to write a statement of purpose for PhD?