Ph.D. (Finance) From IIM Calcutta, Kolkata

An applicant to the Doctoral Programme is required to have: Either First Class Master’s or Post graduate diploma (2 years) in any discipline and a three-year Bachelor’s degree with at least 50% marks in the aggregate; or CA with minimum 50% marks or CS/CMA with minimum 55% marks, with B.Com degree; or B.Tech / 4 years degree with 6.5 CGPA or equivalent.

Non-engineering candidates who have undergone 10+2+5 years will be considered eligible to apply for the Doctoral Programme. CMA (USA) candidates can also apply for the Doctoral Programme.

In addition, the applicant must have obtained at least 50% marks in the aggregate in either the Secondary or the Higher Secondary Examination of a Board (or equivalent).

A final-year student appearing for the Bachelor’s degree examination in Engineering or Master’s degree examination in any discipline can also apply. Such a candidate, if selected, will be provisionally admitted provided (s)he completes all requirements for obtaining the degree before 30th June 2024. Admission of the candidate will remain provisional until (s)he produces mark sheets proving that (s)he satisfies the eligibility criteria. The deadline for submitting the final year degree mark sheets is 31st December 2024.

PhD Finance and Control 

Currently, each student is given a stipend that starts at Rs. 30,000 per month and goes up to Rs. 35,000 per month. In addition, a contingency grant of Rs. 25,000 per year with an additional computer grant of Rs. 40,000 is also provided in the first year. These grants can be used to buy books, conduct field research, and attend academic conferences. The stipend and contingency grants are given for four years and can be extended for up to one more year on demonstration of satisfactory progress in dissertation work. Additional financial support is available through extra funds of up to Rs. 50,000 for field research.

Moreover, students can take up teaching assistantships as and when available, which pay up to Rs. 11,000 per month (in addition to the stipend). The Institute also provides full financial support to students to attend up to three international conferences. Students can also participate in international workshops in lieu of a conference.