The Indian Institute of Technology (Indian School of Mines), Dhanbad, has initiated a Part-Time PhD Programme in Management, which is open to working professionals and candidates interested in pursuing quality research in Management. Typically, a full-time PhD programme lasts at least 3 years and at the maximum 6 years, as per the relevant ordinance followed by the University.

Candidates should have, at a minimum, a postgraduate degree in the Management area with at least 60% marks or 6.0 CGPA out of 10. The other eligibility includes a bachelor’s in Engineering/Technology with 70% marks or 7.0 CGPA, or a master’s in Science, Arts, or Commerce with the specified marks. Candidates, after admission, may have to pass a national-level exam, which includes NET based on the candidate's profile. An academic course is included in the curriculum of ongoing research under the Indian Institute of Technology (Indian School of Mines) Dhanbad Part-Time PhD in Management, which leads to scholarly contributions in management. This PhD Programme is suitable for individuals working in academic, corporate, or governmental areas who wish to undertake part-time study alongside their professional commitments.

Alternatively, the student may explore the online DBA (Doctor of Business Administration), which is considered equivalent to a PhD and will take a minimum of three years to complete. This program does not exist in India; however, many top-ranked foreign universities offer online DBA programs. The online DBA program provides practical business knowledge in leadership, research, and resolving real-life problems, and is best suited for senior executives, entrepreneurs, consultants, and academics. Those earning an online DBA degree are recognized in India and may use the "Dr." title, which enhances their employability for academic faculty roles, consulting, or senior duties in industry, and continues to enhance career prospects post-graduation. With the DBA degree, credentials are recognized in both academic and corporate circles, increasing career prospects for positions in management, consulting, research, and academia.