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Is PhD for Working Professionals in Economics Worth It?
Whether pursuing a PhD for Working professionals is worth it or not, it completely depends on your career goals. If you are a working professional looking to switch into academia and research in the field of economics, you can opt for a Part-Time PhD in Economics. On the other hand, if you are looking for a professional's growth in the global Industry, an Online DBA in Economics. With applied research in this field, you will get practical expertise to lead in this field. By getting your doctoral title within 3 years, you can pursue leadership careers globally.
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FAQ's
Let's clear up some doubts
A Part-Time PhD in Economics may take 5 to 8 years to complete. Working professionals enrolled in this program will be required to complete the program over this prolonged duration. This program has an occasional On-Campus requirement for research and coursework, which can be challenging. On the other hand, working professionals can complete their online doctorate in Economics within 3 years without any such requirements.
Yes, Working professionals can pursue a Part-Time PhD in Economics. It is offered by some of the top Indian Higher Education Institutions. Working professionals can also consider an Online DBA in Economics from top foreign universities.
Due to the restrictions of the University Grants Commission (UGC), Indian Universities cannot offer an Online PhD in Economics. However, working professionals can pursue a globally recognized DBA Doctorate in Economics in a fully online mode.
The eligibility requirements for Part-Time PhD in Economics are-
Master’s degree in economics from a recognized higher education institution with a minimum 55% to 60% marks.
Professional experience of 5 to 10 years.
Cleared National Level entrance for PhD or University-based entrance for PhD.
NOC from the present employer to pursue this program.
The eligibility requirements for an Online DBA in Economics are-
Graduation in any subject from a recognized higher education institution with a minimum 50%.
Professional experience of 3 to 5 years.
An entrance exam is not required.
OR
Post-Graduation in any subject from a recognized higher education institution with a minimum 50%.
No professional experience required.
No Entrance exam.
For a PhD in Economics Specialization in a Part-Time mode, working professionals are required to pay the fees in the range of INR 80,000 to INR 1,00,000 per year. This is a course fee and does not include additional expenses, which you will incur to visit your university and research expenses.
On the other hand, the Economics specilization through the DBA Online costs in the range of INR 5,00,000 to INR 10,00,000 for the full course. You can earn your doctorate from the top foreign universities without any additional expenses.
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