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A Doctor of Philosophy or PhD is the most advanced academic qualification earned through extensive research. It is a popular program that provides expertise in the chosen field and widens career prospects. Let’s find out answers to questions such as what is the meaning of a PhD, what is the eligibility for a PhD, and other interesting details.
Key Highlights
What is a PhD degree?
A PhD is the highest post-graduate qualification level that qualifies PhD holders to work in a chosen field at a reputed position or teach the chosen subject at the university level. The duration is 3-4 years for a full-time study program and may take up to 7 years, depending on the course.
Students can pursue a PhD degree in almost any field, such as Science, Psychology, Economics, Mathematics, etc. PhD graduates earn anywhere between ∼INR 5,00,000 to ∼INR 10,00,000 annually by working as Assistant Professors, Research Advisors, Counsellors, etc.
What is a doctoral degree?
A doctoral or doctorate program is the most advanced degree offered in academic fields that improves candidates’ professional credentials and earning potential. During the coursework, candidates need to showcase advanced research work and new knowledge contribution to the chosen field that enables them to earn the title of “Doctor”. The difference between a PhD and a Doctorate is that the former is an academic degree, and the latter can be an academic or professional degree.
Other common types of doctoral degrees are as follows:
What does the PhD coursework consist of?
PhD degree normally involves:
Eligibility for PhD degree
A bachelor’s degree in a related field is the minimum qualification for the PhD program. However, as per common PhD eligibility criteria, most institutes prefer candidates with a master’s degree. Some universities specify that candidates must have completed an MPhil degree to be eligible for a PhD, whereas others ask candidates to clear the university-specific entrance test to meet the requirements of the PhD program.
If you are planning to study abroad, you need to meet additional PhD degree requirements such as:
Additional qualifications for a PhD: Skills to develop
PhD graduates must develop certain soft skills during their academic program. It is because these skills can be applied to any professional setting, making them highly desirable to employers and ensuring their career progression. Here is the list:
How can I meet PhD degree requirements?
To secure admission to PhD program, aspirants need to visit the university’s official website they plan to enrol in. They need to verify the entry requirements, fill out the application form, attach necessary documents, and pay the application fee. After reviewing the application forms, educational institutes shortlist candidates who meet the eligibility requirements of the PhD program and may ask them to appear for other admission rounds, such as a personal interview.
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What is next after a PhD?
After a PhD degree, candidates can pursue a post-doctoral fellowship. It is a temporary position that enables PhD graduates to strengthen their research capacities by working as independent researchers and unlocks endless job opportunities in academics and research institutes.
So, if you are planning to pursue a PhD and are facing financial hiccups, opt for an education loan for students. At Avanse Financial Services, we offer student loans with benefits like 100% finance, quick sanctions, and multiple repayment options. Call us today to know about the education loan rate of interest, the loan documentation process and more.
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