M Phil Business Management: Admission 2025, Syllabus, Eligibility, Fees, Colleges, Careers

• Updated on  Jul 08, 2025, by Hafsha Qureshi

M.Phil Business Management is a two-year postgraduate program. It is a higher-level course that incorporates research, analytics, and writing tasks similar to a dissertation in the subject of business management.

 

A minimum of 50% is necessary at the bachelor's level for M Phil Business Management. The selection process for the M Phil Business Management course is based on student merit or entrance tests. Some institutes offer direct admissions, while others administer entrance exams such as DUET, UGC NET, JMI, CUET PG and others.

 

The M.Phil Business Management course will cover major themes such as marketing, general management, human resources, and finance. The initial compensation ranges from INR 3 to 9 LPA. M Phil Business Management course is typically pursued by candidates interested in becoming Senior Managers, Senior Programmers, Foremen, Assistant Managers, Trainees, Managers, and so on.

 

The average course fee for M.Phil Business Management is INR 10,000 - INR 15,00,000.

 

Jamia Millia Islamia University, Mumbai University, St. Xavier's College, and Shivaji University are some of the prominent colleges that offer M Phil Business Management courses. Candidates pursuing an MPhil in Business Management can look for chances in academia, such as colleges and universities as professors or teachers, as well as in Food Chemistry, Vegetable and Cereal Technology, Dairy and Poultry Technology, and Food Quality Control.

 

Table of Contents

  1. M Phil Business Management Highlights
  2. What is M Phil Business Management?
  3. Why Study M Phil Business Management?
  4. Who Should Study M Phil Business Management?
  5. M Phil Business Management Eligibility Criteria
  6. M Phil Business Management Entrance Exams 2025
  7. M Phil Business Management Colleges in India
  8. M Phil Business Management Admission Process 2025
  9. M Phil Business Management Syllabus
  10. M Phil Business Management Job Opportunities in India
  11. M Phil Business Management FAQs

 

M Phil Business Management Highlights

Below are the key highlights of the MPhil Business Management course in India:

Details

Particulars

Course Name

Masters in Philosophy in Business Management

Course Level

Postgraduate

Duration

2 years (4 semesters)

Course Type

Full-time or Part-time

Admission Process

Entrance Exam + Personal Interview

Eligibility Criteria

Master's degree in a relevant field with a minimum of 55% aggregate marks

Course Fees

INR 50,000 to 2,00,000

Subjects

Entrepreneurial Management, Economics, Financial Management, International Finance, Marketing Management, Managerial Accounting, Organizational Behaviour, Research Methodology, Cost Accounting, Strategic Management, Business Ethics, Corporate Social Responsibility, HRM, International Finance

Top Colleges

Indian Institute of Management (IIMs), Banaras Hindu University (BHU), University of Mumbai, St. Xavier's College, Loyola College, Jamia Millia Islamia University, University of Calcutta, etc

Job Profiles

Business Analysts, Financial Consultants, Marketing Managers, Business Managers, Finance Managers, Human Resource Managers, Lead Consultants

Top Recruiters

Finance Ministry, Excise and Taxation Department, Banking and Management Sector, TCS, Accenture, Deloitte, EY, PwC, KPMG, HDFC Bank, ICICI Bank, Reliance Industries, Infosys, etc

Average Salary in India

INR 6-10 LPA (Freshers)

 

INR 13-18 LPA (Mid-Level)

 

INR 20-30 LPA (Experienced)

 

What is M Phil Business Management?

MPhil in Business Management is a specialized, research-focused postgraduate course that integrates academic theory with practical management applications. MPhil Business Management course provides thorough research training and strives to equip students with the tools they need to conduct robust business research.

 

Key areas of attention are:

  • Students investigate theories about organizational behavior, leadership, marketing, and financial management.
  • These disciplines teach students how businesses can succeed while remaining ethical and socially responsible.
  • MPhil program prepares students for high-level managerial and academic professions while also making substantial contributions to business research and development.

 

Why Study M Phil Business Management?

M.Phil. in Business Management is a vocation that an aspirant should pursue. After finishing their different degrees, M.Phil. students in Business Management have a wide range of career opportunities.

  • After completing the M Phil Business Management course, students in this group can specialize in a variety of fields such as marketing, general management, human resources, or finance.
  • M.Phil. The Business Management course is based on research. In the discipline of management, the first thing a person does is conduct research, and then they apply the most recent company management techniques and shifting circumstances.
  • M Phil Business Management covers some technical publications, including General Research Methodology and Techniques for Management Research. In addition to the management department, many courses are given.
  • They are referred to as international human resource management, advanced marketing management, management economics, current trends, HRM and OB, financial marketing, and strategic development.
  • The M Phil Business Management course will require candidates to do analysis, in-depth research, strategy alternatives, tools, and approaches, as well as qualitative research.

 

Who Should Study M Phil Business Management?

MPhil in Business Management is perfect for those interested in business theory, research, and strategy. It is especially suitable for:

  • Aspiring Academicians: M Phil Business Management program provides rigorous academic training for those who want to work in education or research. It provides the groundwork for a future PhD in business management.
  • Industry Professionals: Mid-career professionals aiming to improve their management abilities and advance to senior management or executive positions. The research-oriented approach allows them to improve their strategic thinking and decision-making skills.
  • Entrepreneurs: MPhil in Business Management can help those wishing to start or grow their own enterprises by providing a solid foundation in strategic management and business operations.
  • Researchers: Those interested in conducting business research and contributing to academia might use M.Phil. Business Management to improve their research skills.

 

M Phil Business Management Eligibility Criteria

Candidates must meet the following eligibility requirements for admission to the M.Phil in Business Management course:

  • Educational Requirements: A Master's degree in Business Administration (MBA), Business Management, or a similar discipline from an accredited institution.
  • Minimum marks: 55% (other colleges may have different requirements).
  • Entrance Exam: Some universities hold entrance tests for admission to the MPhil program, which are followed by personal interviews.
  • Research Proposal: Candidates may be required to submit a research proposal as part of their application.

Students also pursue MBA Business Management, Click to know more!

 

M Phil Business Management Entrance Exams 2025

Admission to MPhil Business Management is usually based on the candidate's performance in the entrance exam. Here is a table summarising the key details for major M Phil Business Management Course entrance exams in India for the upcoming admission cycle:

Exam Name

Application Date (Tentative)

Exam Date (Tentative)

Application Fee

CMAT

November 14 – December 13, 2025

January 25, 2025

INR 2000 (General/OBC), INR 1000 (SC/ST/PwD)

CAT

August – September 2026

November 29, 2026

INR 2300 (General), INR 1150 (SC/ST/PwD)

XAT

August – November 2026

January 4, 2026

INR 1800

MAT

January, May, September, December 202

Multiple dates

INR 1850

SNAP

August – November 2025

December 2025

INR 1950

NMAT

July – October 2025

October – December 2025

INR 2600

IIFT

August – October 2025

December 2025

INR 2500

ATMA

January, May, July, August 2026

February, June, August, September 2026

INR 1298

TISSNET

October – November 2025

December 2025

INR 1030

GUPGET

May – June 2026

July 2026

INR 1000 per subject

 

M Phil Business Management Colleges in India

Candidates seeking a career and admission to a reputable M.Phil college should have completed their Master of Arts in Business Management with a minimum of 55% marks.

 

Maintain a solid performance record while earning a Master's degree in a related field.

 

Some of the top MPhil Business Management colleges in India have been mentioned below, along with their total course fee, NIRF Ranking, and entrance exams required for admission:

College Name

Location

Annual Fees (Approx.)

NIRF Ranking (2024, Category)

Admission Process (Exam Intake)

Indian Institute of Management Ahmedabad (IIMA)

Ahmedabad, Gujarat

INR 20,00,000

1 (Management)

CAT, IIM Ahmedabad Entrance Exam

University of Delhi (DU)

New Delhi

INR 35,000

1 (University)

DUET (Delhi University Entrance Test)

Jamia Millia Islamia (JMI)

New Delhi

INR 70,000

25 (University)

JMI Entrance Exam

University of Mumbai

Mumbai, Maharashtra

INR 50,000

10 (University)

MU PG Admission Test

Indian Institute of Management Calcutta (IIMC)

Kolkata, West Bengal

INR 20,00,000

3 (Management)

CAT, IIM Calcutta Entrance Exam

Xavier Labour Relations Institute (XLRI)

Jamshedpur, Jharkhand

INR 16,00,000

9 (Management)

XAT (Xavier Aptitude Test)

Lingayas University

Faridabad, Haryana

INR 26,000

-

University Entrance Exam

Alagappa Institute of Management

Karaikudi, Tamil Nadu

INR 30,000

-

University Entrance Exam

Shobhit University

Meerut, Uttar Pradesh

INR 50,000

-

Shobhit University Entrance Test

Central University of Himachal Pradesh

Dharamshala, Himachal Pradesh

INR 22,000

-

CUCET (Central Universities Common Entrance Test)

 

M Phil Business Management Admission Process 2025

The admission process for the MPhil in Business Management program at Jamia Millia Islamia (JMI) is as follows.

 

Step 1: Go to the official JMI admissions portal and complete the registration form with your personal, academic, and contact information. Upload all relevant documents (picture, signature, etc.) and pay the application fee.

 

Step 2: Once your enrollment is complete, take the JMI MPhil Business Management entrance exam. The exam will follow the university's schedule and will assess knowledge of business management, research methods, and related areas.

 

Step 3: Following the admission exam, the results will be posted on the official JMI website. Check your score to confirm you fulfill the minimum requirement for the MPhil Business Management program.

 

Step 4: Depending on your entrance exam score, you may be invited for a personal interview. JMI will notify you of the interview date, which will center on your academic background, research interests, and professional objectives.

 

Step 5: Following the interview, the final merit list will be issued. If you are chosen, you will receive an admission offer to the M Phil Business Management program.

 

Step 6: Visit JMI for physical verification of your documents. For verification, you must bring original documents such as mark sheets, certificates, and evidence of identity.

 

Step 7: After the verification process is completed, pay the institute's fees as per the schedule. After payment confirmation, JMI will send you a formal admission letter, confirming your enrollment in the MPhil Business Management program.

 

Required Documents:

  • Bachelor’s degree mark sheets
  • Identity proof (Aadhar card, passport, etc.)
  • Entrance exam scorecard
  • Passport-sized photographs
  • Category Certificate (if applicable)
  • Transfer Certificate from the previous institution
  • Character Certificate

 

M Phil Business Management Syllabus

M.Phil. The Business Management program lasts one year and is divided into two semesters. The first semester of an M.Phil. Business Management lasts eight months and involves specialization of papers, research, and core papers. The following semester, or the remaining four months, are dedicated to preparing the dissertation (written assignment) and learning numerous skills that will enable a person to operate in the profession.

 

Lingaya's Vidyapeeth offers a comprehensive M.Phil. program in Business Management that equips students with advanced research skills and in-depth knowledge of all aspects of business management.

Semester I

Semester II

Advanced Management Theories

Research Methodology in Management

Organizational Behavior

Data Analysis and Interpretation

Strategic Management

Literature Review and Research Design

Financial Management

Quantitative Research Techniques

Marketing Management

Research Proposal Development

Human Resource Management

Research Ethics and Academic Writing

Semester III

Semester IV

Elective I: International Business

Dissertation Work and Viva Voce

Elective II: Entrepreneurship

-

Elective III: Corporate Governance

-

Elective IV: Business Analytics

-

Dissertation Proposal Presentation

-

One can also pursue MCom Business Management, click to learn more about it!

 

M Phil Business Management Job Opportunities in India

Graduates of the M Phil in Business Management program can pursue careers in academia, research, and company management. The table below lists the numerous Masters in Philosophy Business Management job opportunities in India as per Indeed and Naukri.com, which include typical profiles, required experience, top recruiters, and average salaries:

Job Title

Top Recruiters

Experience Level

Average Salary

Business Analyst

Accenture, Infosys, Deloitte

0-3 years

INR 5-9 LPA

Research Analyst

KPMG, PwC, EY

1-3 years

INR 4-8 LPA

Consultant

McKinsey & Company, BCG, Bain

2-5 years

INR 10-20 LPA

Corporate Strategy Manager

Amazon, Reliance, Flipkart

3-5 years

INR 12-18 LPA

Marketing Manager

Unilever, Coca-Cola, PepsiCo

2-5 years

INR 8-14 LPA

Financial Analyst

JP Morgan, Goldman Sachs, HDFC Bank

1-3 years

INR 5-10 LPA

Entrepreneur/Startup Founder

Self-employed, Angel Investors

0-5+ years

Varies (Equity-based)

HR Manager

Google, Microsoft, IBM

2-5 years

INR 8-15 LPA

Operations Manager

Tata Group, Reliance Industries

3-5 years

INR 10-16 LPA

Product Manager

Flipkart, Amazon, Ola

2-4 years

INR 12-18 LPA

 

M Phil Business Management FAQs

MBA vs. MPhil Business Management: Which is better?

MBAs emphasize practical business skills and leadership, equipping you for managerial positions in industry. MPhil Business Management is a research-focused program that is suited for students who want to work in academia or conduct advanced research. If you want industry experience and leadership positions, an MBA is a good choice; if you want to do research or teach, an MPhil is a superior option.

What is the monthly pay for MPhil Business Management?

MPhil Business Management graduates typically earn between INR 30,000 and INR 60,000 per month for entry-level positions. With experience, it can increase dramatically, with mid-level professionals earning between INR 80,000 and INR 1,50,000 per month. Consulting, research, and academic positions can offer better earning potential as expertise improves.

Is an MPhil Business Management degree recognized in India?

Yes, an MPhil in Business Management is acceptable in India and accepted by universities, research institutions, and corporations. It is widely recognized in research, academia, and upper-level managerial jobs. To ensure the legitimacy of the degree, be sure it was issued by a recognized university.

Can I use the title Dr. after earning my MPhil in Business Management?

No, you cannot use the title "Dr." after earning your MPhil in Business Management. "Dr." is normally reserved for PhD holders, as the MPhil is a research-based master's degree rather than a doctorate. The MPhil title denotes advanced study, although it does not have the same prestige as a PhD.

Which is better: MPhil Business Management or PhD?

PhD is a more advanced degree that requires extensive study and scholarly accomplishments. MPhil is frequently regarded as a stepping stone to a PhD and focuses on developing research skills at a less rigorous level. If you want to be an academic, a PhD is preferred; an MPhil is great for obtaining research experience before pursuing a PhD.

Can I pursue an MPhil in Business Management after graduating with a BA?

Yes, you can pursue MPhil Business Management after earning a Bachelor's degree (BA), as long as you complete the eligibility requirements, which often include a postgraduate certification (such as an MBA or MCom) in business management or a related discipline. In some situations, a master's degree is required before applying for an MPhil.

Which is better: MS or MPhil Business Management?

MS often focuses on specialized knowledge and practical abilities in a specific sector, whereas an MPhil is research-oriented and seeks to improve academic and research experience. If you want to work in academia or research, an MPhil is the best option. If you want to concentrate in a specific business field and operate in that industry, MS may be a better fit.

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