PhD in Commerce Salary, Scope, Placements, Jobs in India

Roumik Roy

Updated on - Jun 13, 2023

Jobs after PhD in Commerce exist for fresh graduates in both the public and private sector. The job opportunities after PhD in Commerce are available for fresh graduates in the government sector. The finance sectors under government offer jobs as Financial Accountant, Finance Director, Tax Examiner, Finance Controller, Management Accountant, Mutual Funds Manager, etc.

Career Prospects and Job Scope for PhD Commerce

The scope for PhD Commerce graduates is available in a wide variety of roles and job sectors. The salary after PhD in Commerce is very competitive and rewarding owing to the relevancy of the education.

The career after PhD in Commerce course is a very rewarding and successful path. The PhD in Commerce job opportunities include working as E-Commerce Executive, Accounts Executive, Consultant, etc in government finance sectors such as Reserve Bank of India, State Bank of India and various government finance sectors such as Income Tax Department, National Insurance Company, etc.

Some of the top PhD Commerce career scope and prospects in India are:

• Business Development Officer
• Associate Professor
• Research Consultant
• E-Commerce Executive
• Accounts Executive

Areas of Recruitment for PhD Commerce

The PhD in Commerce course in India provides graduates with a large area of recruitment and scope of employment. The PhD in Commerce salary in India is very competitive and rewarding for the students as the education that the students get is very in-depth and detailed. PhD is a doctorate level of education that helps the students to learn about the topics in detail.

Listed below are some of the popular areas of recruitment for the PhD Commerce course:

• Business Houses
• Financial Organizations
• Banks
• Multinational Companies
• Educational Institutes
• Marketing Organizations
• Business Consultancies

Salary Packages for PhD Commerce Graduates

Some of the factors which can influence the PhD Commerce salary include location, designation, and experience. The average salary for PhD in Commerce graduates is INR 9.80 LPA. Listed below are some of the popular job roles with average salaries after doing PhD in Commerce course:

Source: PayScale

Government Jobs for PhD Commerce Graduates

The government jobs for PhD in Commerce graduates are available in a wide range of industries. Government jobs are often preferred by the graduates, as government jobs often come with security, satisfaction, and a good salary. The average salary for PhD in Commerce graduates in government jobs is INR 9.80 LPA.

Source: PayScale

Private Jobs for PhD Commerce Graduates

Along with government jobs, there are also plenty of private jobs for PhD in Commerce graduates. The average salary of PhD in Commerce graduates in the private sector is around INR 5 - 7 LPA [Source: Glassdoor]. Listed below are the jobs for PhD holders in Commerce along with their average annual salary:

Source: PayScale

Job Opportunities Abroad for PhD Commerce Graduates

There are plenty of job opportunities available for PhD in Commerce graduates in abroad as well as in India. The education that the students obtain while pursuing their PhD in Commerce is a research-based higher education course. The course helps the students to gain a lot of in-depth knowledge and vital skills related to the stream. Upon completion of the PhD course, students can work in MNCs as consultants or pursue research projects and become researchers.

Top Companies

Check the list below for the top organizations that hire PhD Commerce graduates:

• JP Morgan
• Goldman Sachs
• T. Kearney
• HDFC Bank
• IBM
• Mahindra and Mahindra Financial Services

Best Countries

Below is the list of top countries offering job opportunities to PhD Commerce graduates:

• Canada
• India
• China
• France
• New Zealand
• United States
• Australia
• Japan
• Germany

Various Career Designations Abroad for PhD Commerce Graduates

There are many interesting job profiles that attract PhD Commerce graduates to work abroad:

• Business Development Officer
• Investment/Financial/Risk Analyst
• Investment Consultant
• Market Researcher
• Associate Professor
• Research Consultant
• E-Commerce Executive
• Accounts Executive