As an M.B.A from a moderately good university /institute doesn't hold much value, in such a case I intend to pursue a Ph. D in management. I request you to kindly give answers to the following queries I have. 1. What is a Ph. D program? 2. What are the prospects for a student with a Ph. D? 3. How can I do a Ph. D from a premier institute/university in INDIA and roughly how many seats will be there in each? 4. What are my chances of getting a seat in a premier institute for a Ph. D PROGRAM if I do my M.B.A from a moderately good institute/university in INDIA?
A Ph. D in Management, also called a Fellowship programme in Management, helps you to develop in depth expertise in a particular area of management. In short, you will become an expert in a given area, let’s say, Human Resources. A Ph. D or Fellowship programme is typically for 4 years. In the first year, you will study the courses what one studies in a MBA programme. In the second year, you will study your area of specialisation in depth (doctoral level courses). The last two years of the programme is for project work, which culminates into the Ph. D/ Fellowship thesis. 2) After a Ph. D, depending on your area of specialisation, you will have career opportunities in Management consultancy organisations, various corporate organisations including banks and financial institutions, management institutions (as a faculty or research associate), economic and business research organisations (as research associates), and information technology companies (if you have specialised in an area which is relevant to IT companies). You can even get jobs with the Governments. 3) For getting into the Ph. D/ Fellowship programme of the premier institute/University in India, first of all, you must be a post graduate in any discipline with at least 55% marks or equivalent grades or have a degree in Engineering/ Technology (of 4 years’ duration) with at least 60% marks or equivalent grades or have professional qualifications like CA/CS/ICWA with at least 55% marks. Apart from the academic qualifications, some institutes like XLRI, Jamshedpur wants the applicant to have at least 3 years of relevant work experience. Secondly, you will have to qualify in entrance examinations like CAT (for IIMs and a few other institutes), XAT (for XLRI and a few other institutes), NET (conducted by UGC for Ph. D programmes), or any other such examinations. Some institutions also accept scores of GMAT and Advanced GRE for a few areas of specialisations. Thirdly, if you are short-listed on the basis of your performance in the entrance examination, you will be called for an interview and/or a research aptitude test by the institutes where you have applied. On an average, there are about 30-40 seats for fellowship in each institute. 4) You can do your MBA from any institute/University in India, provided the course is approved by AICTE (All India Council of Technical Education). Your selection to the Ph. D/Fellowship programme will depend on your academic records, your performance in the entrance examination, interview and the research aptitude test (if it is taken by the institute where you are applying).