Pursuing a PhD in Management is not a simple task, but the results after completing this degree are life-changing. It is an interdisciplinary program that trains students to lead people, organisations and new start-ups in various settings.
According to the BLS, management professions offer high compensation and several other growth opportunities. The average salary for management positions is $109,760. This is the highest wage out of all major occupation groups. Jobs for managers are even expected to increase by 5% from 2019 to 2029, resulting in approx 500,000 new jobs within the industry.
Ph.D. in Management is a 3-5 year highest-level degree program, which aids students to develop skills like – delegation strategies, leadership qualities, professional communication, negotiation, business insight, conflict resolution, decision making, and many others.
The PhD in Management degree provides students with the knowledge to recognise different business trends and methods. It also helps them get an idea to apply them in everyday operations.
This degree is pursued by those students who want to make their career as professors at academic institutions. But students can also apply for other roles if they don’t want to become teachers.
PhD in Management Eligibility Criteria
The structure, length, format, and application of PhD in Management degrees vary substantially across institutions and countries.
Several universities and colleges are offering this program, which requires master-level degrees. Yet the candidates need to fulfil some common PhD in Management eligibility criteria.
Have a look at the listed below criteria –
- Students need to pass the master’s and bachelor’s degrees.
- They need approx 45-55% marks in their previous education.
- Some universities follow national or state-level entrance exams, while some consider their entrance test to check the student’s capability.
- Lateral entries are also allowed by some institutions, but the candidates must have work experience of around 1-4 years.
After knowing the PhD in Management eligibility criteria, now let’s check the specialisations, career opportunities, and skills required to earn a dream job with a high salary. Everything is mentioned below!
Different PhD Management Specialisations
PhD degree in Management is the highest level possible in education, with vast courses and specialisation in this domain. The applicants who enrol for this degree can specialise from a list of subjects. Have a look!
· PhD in Sustainability Management
· PhD in Tourism Management
· PhD in Economics and Management
· PhD in Business Administration
· PhD in Consumer Science- Clothing Management
· PhD in Strategic Management
· PhD in Security Risk Management
Career Opportunities After PhD in Management
A PhD in Management is required to become a lecturer in your dream institution’s management and business department. But, some students don’t prefer going into the teaching profession; they want to explore other career options, like:
· Management Consultants
· Product Manager
· Policy Analyst
· Chief Executive Officer
· Market Research Analyst
· Strategic Manager
· Quantitative Analyst
· Business Development Manager
Skills Required for PhD in Management
How are students capable of clearing tough interviews? Do you know? Excellent skills and understanding of the course are essential things that help students clear interviews and handle challenging situations. Below are some skills required for a PhD in Management:
· Interpersonal & Leadership Skills.
· Analysis & Problem-Solving.
· Project Management & Organization.
· Self-Management & Work Habits.
· Research & Information Management.
· Written & Oral Communication.
A Ph.D. in Management will equip you with various managerial skills and make you a professional researcher. Therefore, pursuing this degree will always be a good option if you are interested in researching a business topic according to your interest.
KIIT School of Management 
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