A PhD in Business Administration is an advanced degree that focuses on in-depth research and expertise in various aspects of managing businesses. It typically takes three years to complete and requires a relevant master s degree and work experience. Graduates can pursue careers in business development, marketing, consulting, and more. The average salary ranges from Rs. 2 to 12 lakhs per year, and top recruiters include renowned companies from diverse industries. Admission to the program is based on entrance exams and interviews.