Last Updated on January 18, 2023
This information provides up-to-date information on phd in commerce in usa for those considering attending or seeking admissions to a doctorate degree in commerce in usa. This article is for you !
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Diving into the intricate technicalities of the field of Commerce and Business, Management and Finance, Actuarial Science and Taxation, and everything in between, a PhD in Commerce is one of the highest academic qualifications. The duration of a PhD in Commerce is 3 years and the basic eligibility is a master’s degree in a closely related discipline and some university might also ask for scores of certain entrance exams like UGC-NET. The major universities and colleges for PhD in Commerce in India include the University of Delhi, IGNOU, Jamia Milia Islamia, etc. while you can explore top universities abroad as well. Read this blog to know all about a doctorate in Commerce, its eligibility, specialisations and topics, subjects, top universities, salary, jobs and more.
Commerce is a sub-field of business and economics that comprises all the activities that lead to the exchange of goods and services from producers to clients. It deals with buying, selling and investing, the distribution of products, covering market demand and creating new business opportunities, among others. E-commerce is a branch of commerce that has rapidly evolved over the years, which implies the acquisition and sale of products via the internet.
Universities and business colleges from the Commonwealth nations offer special degrees in commerce such as Bachelors of Commerce (B.Com.), or Bachelors of Commerce and Administration (BCA), at the undergraduate level, and Masters of Commerce (M.Com.) at the graduate level. Concentrations in commerce include multinational commerce, accounting, finance, marketing or project management.
Commerce degrees aim to deliver multi-disciplinary knowledge and essential skills for the modern business world. Because trading is an essential day-to-day activity, graduates in commerce can easily find positions in corporations, small businesses, non-profit organisations, banks, outsourcing, insuring, audit and consulting firms, in governmental agencies or in the e-commerce industry
About PhD in Commerce
Counted amongst the popular courses for commerce students, as a candidate for PhD in Commerce, you can choose a subfield including, but not limited to Accounting, Marketing, Taxation, Human Resources, Strategy, IT Management, Consulting, and Finance. Furthermore, since these commerce subjects are quite vast in themselves, you are required to pick a deep-lying and relevant topic of research that accentuates their strong points. While the duration of a PhD varies according to the country of an institution, most have an average length of 3-8 years. Important components in this respect include:
- Research Projects
- Relevant Coursework
- Teaching Practicum
- Surveys, which together contribute towards the preparation of a long and comprehensive dissertation.
PhD in Commerce and Management: What is it About?
The field of commerce and management has earned a lot of relevance in the coming years particularly with its application in business. With the growing trends of business and the motive to be in the top of the game has led to the exploration of the varied field of study in the stream. The Doctoral level program in Commerce and Management entrusts the students to gain a multitude of knowledge in the aspects of business and its fundamentals in management.
The program aims to generate the interest in the minds of the students to promote the growth and development of Commerce, Management, and related disciplines through the applicability of research. The study of the program combines the fundamentals of Commerce and Management bringing out a comprehensive field of knowledge for the students to explore in depth. The program also promotes to nurture the skills, competence and the sense of inquiry amongst students by building in them the skills of problem solving and creativity.
Who is a PhD in e-Commerce?
PhD in e-Commerce is a doctorate who has studied the economics of business, marketing, Internet businesses, strategic management, electronic business theory and professional skills for Internet business. Postgraduates must hold abilities such as communicating with different audiences, problem-solving, analytical thinking, creative thinking and management skills, working with small businesses and working online
What are the main duties of a PhD in e-Commerce?
PhD in e-Commerce tasks include coordinating credit and financial activities, obtaining payments for import/export operations, optimizing the trade financing business growth possibilities in smaller family businesses for trade customers and business associates, researching the current market to create the best possible strategy for the company, developing advertisements and business events within the organization, strategizing, supervising and organizing merchandising and sales standard plans, creating a business net online.
Where can a PhD in e-Commerce find a career?
Doctorates in e-Commerce are hired by management consultancies, medium businesses, recruitment agencies, and online stores. Popular careers for postgraduates include business adviser, marketing executive, corporate investment banker, marketing director, financial controller, and business analysts.
Why should one obtain a doctorate’s in e-Commerce?
PhD in Commerce and Management: Eligibility
The eligibility criteria for availing admission to the program of PhD in Commerce and Management are as follows:
- Candidates who have qualified their post-graduation degree in Commerce or M.Phil. degree with a minimum aggregate of 55% marks and above from a recognized university listed under UGC/AIU are eligible for admission to the program.
- Applicants are supposed to clear the UGC-NET examination held at entry level to the program.
- Some reputed colleges and universities will also hold Group Discussion and Personal Interview.
- Having a relevant work experience of 4 years in either field of Teaching/Administration is beneficial to the program.
PhD in Commerce and Management: Admission Process
Aspirants seeking admission to the program are required to meet the general eligibility criteria as set by the respective colleges and institutions. Candidates are supposed to have qualified the Master’s degree in Commerce or should hold an M.Phil. with a minimum aggregate of 55% marks and above for General category students and a relief of 5% i.e. 50% marks for SC/ST candidates. For the admission to the PhD course, the candidate has to clear the entrance examination of NET held by UGC.
The shortlisted candidates will have to go through the sessions of Group Discussion and Personal Interview held by the respective colleges to gain credence into the strengths and traits of the candidate. The overall marks secured in the entrance test, GD/PI and marks scored at the degree level is computed to calculate the merit list percentage. The admissions are processed solely on the basis of merit list which is subject to vary for different colleges.
The list of entrance examination held for admission to the PhD program are as follows:
- NET (National Eligibility Test)
- DET (Doctoral Entrance Test)
Candidates can fill the forms both through online and offline mode. All the important details pertaining to the admission dates, shortlisted candidates, and prospectus of the program will be notified on the official website.
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PhD in Commerce and Management: Syllabus
The syllabus of the program is divided into classroom study consisting of coursework in the first and second year. The program will also comprise of case studies, assignments and project work. The course is constructed in a manner which will help students gain a deeper insight into the program gaining knowledge of the subjects in depth. The major aspects of the subject are covered through the study of Fundamentals involved in Economics, Finances, Commerce and its management in business.
The overall syllabus followed by most of the universities and colleges covered throughout the program is tabulated as follows:
|Subjects of Study|
|Creative Thinking and Design Innovation|
|Fundamentals of Management in Business|
|Principles of Management|
|Marketing and Operations Management|
|Human Resource and Business Ethics|
** The Syllabus of the program is subject to vary for different colleges.
PhD in Commerce and Management: Career Prospects
PhD in Commerce and Management trains students to gain perspective on the fundamentals related to the field. The students are qualified to explore their skills of research and evaluation, exploring the varied dimensions of business and commerce. Through the study of subjects comprising of Human Resource, Operations, Productions and Principles of Business, candidates gain the ability to perform research in the varied fields of commerce.
Doctorates after the completion of the program have the required skills to explore their job scopes in the areas of business, Accounting, Operations, and Management. They can become Business Analysts, Finance Managers, CFO, CEO, Company Secretary and so on.
PhD in Business Courses and Curriculum
There may be some overlap in coursework within PhD and DBA programs. PhD students could have the opportunity to learn problem-solving processes, research methods, leadership and business theories, planning strategies, and global business practices.
Research A Topic of Interest
A series of research courses and academic writing seminars could sharpen students’ ability to form hypotheses, test and record data within their chosen discipline. Ultimately, to complete their final dissertation. Some universities also give students a choice of three seminars that zoom in on key practices used to teach, consult or apply in executive leadership. A sample PHDBA degree course plan might include some of the following elements.
- Applied Multivariate Modeling
- Business Principles and Practices
- Research Processes, Theories, and Practices in Global Business
- Management Theory Creation
- Economics in Global Environments
- The 21st-Century Organization
- Quantitative Research Techniques
Other required courses might address business strategies, management techniques, and concepts in marketing, accounting, finance, and operations. Once coursework is completed, PhD students usually have to successfully pass a holistic exam before they proceed onto their dissertation research. How long might it take to earn a PhD in Business? While each university formats their PhD programs a certain way, it is not uncommon for coursework to take place in the first two years. Afterwards, some PhD degree candidates might spend two years teaching courses and doing research. The actual time it takes to write out the dissertation might take 1-3 years more, but this is a variable.
To apply into a PhD in Business Administration program requires a minimum of a bachelors degree, though some grad schools may prefer persons with a masters degree as well. Other requirements might include a minimum GPA, current GMAT or GRE scores, statement of purpose, resume and references.
Inside a Doctor of Management Program
A Doctor of Management (DM) is a terminal degree for mid and senior professional managers. Through applied research and analysis of real-world management issues, students work to gain sophisticated knowledge for the executive level of management.
DM Courses and Curriculum
Many DM programs highlight management theory and strategic thinking, organizational leadership and change, research and innovation, and sustainability in the global business environment. Through a Doctorate degree in Management course plan, graduates might take away a deeper sense of how today’s manager could appraise, analyze, apply, and assess information to make data-driven decisions. A sample DM degree course plan might accent some of the following topics.
- Translating Management Theory
- Research as a Tool for Managerial Decisions
- Designing Evidence-Based Management Solutions
- Strategic Leadership
- Systems and Design Thinking
- Complex Project Management
- Organizational Development
- Strategic Consulting
As with the DBA and PhD, a DM program typically asks participants to produce a final research thesis. In the case of the DM, students might independently explore a topic related to strategic leadership, theory, organization development, practice, and/or evaluation. Some Doctor of Management programs are designed as 3-year programs but may give students longer to complete their requirements.
Applicants to a Doctor of Management degree program are generally required to have a graduate degree, earned at an accredited college or university with a minimum GPA set by each school. Some grad schools also stipulate that students must have completed at least seven years of full-time, management-level, professional work, so GRE and GMAT scores may not be required. A CV, essays, references, and an interview may be required. That stated, a DM program might appeal to professionals from a range of backgrounds. Business, education, engineering, human resources, organizational science, or an earned academic/professional degree in a domain such as but not limited to law, healthcare/medicine and design.
Should I Pursue a DBA Degree Online or On-Campus?
Busy executives and adults who want to work towards a PhD, DM or DBA credential might find there are programs in different shapes and sizes. The one that is convenient to you is a program that you could commit to, whether this means it is walkable from work or accessible on your laptop.
- Online DBA programs may include brief residencies but other than that, students may be able to log into courses on the time table that best suits their schedules as long as deadlines are met
- On-campus DBA programs could encourage team work and networking with other professionals. Universities often set class times in the evenings and weekends to provide the busier adult some flexibility and minimal disruption to a current career
Refine your search for either ‘online’ or ‘campus’ based programs. There is also an option to review DBA programs by location. For instance – DBA programs in USA, another city, state or country.
Which Doctorate in Business Administration Should I Choose?
If applying existing research and knowledge to solve business problems interests you, you might consider a DBA or DM degree. If contributing to the body of knowledge on business management interests you, you might consider a PhD. It may also be helpful to hash things out with an academic advisor at any of the schools on your list.
|Business Administration||University of Northern Virginia||DBA|
|Business Administration||University of Kentucky||DBA|
|Full-time MBA Program||University of California – Los Angeles||PhD|
|Graduate program in Business Admistration||Central State University||PhD|
|Doctor of Business Administration – General Business||Northcentral University||DBA|
|Ph.D. in Management – Self-Designed||Walden University||N/A|
|D.B.A. with an Emphasis in Management – Qualitative Research||Grand Canyon University||DBA|
|Doctor of Business Administration: Executive Coaching – Project||Liberty University Online||DBA|
|DBA: Business Administration||Saint Leo University||N/A|
|Doctor of Business Administration (DBA)||California Baptist University||N/A|
|PhD – Business Management (ACBSP-accredited)||Capella University||PhD|
|Doctor of Business Administration||Trident University International, a member of the American InterContinental University System||N/A|