LeapScholar

Is pursuing a PhD in finance or management a good option for me for a Master's?

25 Jun 2026 · Answered by Soorya Sudheer · 1 min read
Soorya Sudheer
Soorya Sudheer Verified
Leap Scholar's Counsellor
View Profile →

Yes, pursuing a PhD in Finance or Management is a strong option given your excellent academic background and Master's in Business Administration.

A PhD can open doors to roles in both academia and the corporate sector:

- Academia: Positions like Assistant Professor or Researcher at universities and business schools.
- Corporate sector: Roles in corporate strategy, consulting, or research, such as Business Analyst or Corporate Strategist.
- Consulting: Management consulting firms value PhD-level analytical and strategic skills.

Typical salaries (subject to change):
- Academia: ₹8 - 12 lakh/year (entry level)
- Corporate/Consulting: ₹15 - 35 lakh/year, depending on organization and location.

A PhD usually takes 3 - 5 years and requires a focused research interest. The reputation of your institution can also impact your career options.

If you want to discuss specific career paths or application steps, connect with your LeapScholar counsellor.

Not sure which US universities to apply to?

Courses, costs and career outcomes in one personalised plan.

4.7/5 Google 🎓 25K+ admits
Get My Free Shortlist

More Universities & admissions questions

More USA questions

🎓 Which US universities fit you? Get Free Shortlist