Ph.D. Finance: Eligibility, Admissions 2025, Exams, Fees, Job & Salary

Ph.D. Finance is a doctorate course for a period of 3 to 6 years that aims to provide candidates with the advanced knowledge of finance through complex financial theories.

To be eligible for a Ph.D in Finance, candidates must have a master's degree in a related field and a minimum grade of 55%. Some of the popular entrance exams for a Ph.D in Finance include CSIR-NET, GATE, ICMR JRF, UGC-NET.

Ph.D in Finance provides candidates with the knowledge of financial markets, corporate finance, investments, financial modeling and risk management. Some of the job roles available for them are Investment strategist, University professor, Corporate financial analyst, Accounting consultant and many more.

Salaries for fresh PhD graduates are competitive and vary by sector and expertise. PhD holders in Finance can expect an average package in the range of INR 6 - 10 lakhs per annum.

PhD in Finance Course Highlights

The basic details of PhD in Finance are as follows:

What is PhD Finance?

PhD Finance is a 3 to 6 year doctorate course that involves research, innovative quantitative methods and a deep understanding of financial frameworks and markets. Candidates understand topics such as corporate finance, investment strategies and techniques to solve real-world problems.

Like, a PhD researcher analyses how changes in central bank interest rates affect stock prices across different sectors by using advanced statistical methods to understand. This type of research helps investors make decisions and also allows policymakers to understand how their actions influence financial markets.

Why Study PhD in Finance ?

PhD Finance is a field of study that opens up diverse career opportunities in research and academia. The course provides in-depth knowledge of corporate finance, investment strategies and financial markets.

A PhD in Finance is in high demand because of the growing need for advanced quantitative and analytical skills in financial decision-making. As financial institutions, corporations and governments try to understand risk, investment strategies and financial products and for this there is a need for experts with deep knowledge in finance.

Also, financial institutions, such as investment banks and government agencies, relied on PhD-level finance professionals to analyze complex risk models, assess systemic risks and develop strategies for recovery.

PhD in Finance Eligibility

Candidates should have the following eligibility to take admission in PhD Finance:

• The candidates must have a master's degree in a related field and a minimum grade of 55%.
• Candidates should have cleared entrance exams like CSIR-NET, GATE, ICMR JRF and UGC-NET.

PhD in Finance Entrance Exams

Some of the popular entrance exams for a PhD in Finance include CSIR-NET, UGC-NET, GATE and ICMR JRF.

Top Colleges in India for PhD Finance

Some of the top colleges for PhD Finance are as follows:

Ph.D. in Finance Jobs

The basic details of jobs after PhD in Finance are as follows:

• Industry: A PhD in Finance can lead to jobs in a variety of sectors, including academia, research and government sectors.
• Employment Demand: A PhD in Finance is in high demand, offering job opportunities in academia, research and universities, driven by the growing economy and the need for skilled professionals with advanced research and strategic skills.

• Average Salary: The average salary after PhD Finance varies depending on experience, industry, and location. However, the average salary ranges between INR 6-10 LPA.

There are various job roles available for PhD holders in Finance. As per Payscale, the average package of various job roles according to the years of experience are mentioned in the table below:

Ph.D. in Finance FAQs