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What is the average salary for someone with a PhD in Commerce?

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The average salary for someone with a PhD in Commerce in India varies depending on factors such as experience, job role, and industry. According to surveys, the average salary for someone with a PhD in Commerce in India is INR 1,000,000 per year. However, the minimum wage offered to PhD Commerce candidates generally lies around INR 300,000, while the maximum compensation is around INR 4,000,000. After gaining experience for around 3 years, the average wage goes up to as much as INR 2,000,000 to INR 2,400,000 per annum. The top-level salary for a business professional with at least 5 years of experience is around INR 4,000,000 per annum. 

It’s important to note that salary can also vary based on the specific job role and industry. For example, those with a PhD in Commerce may work as professors or researchers at universities or research institutions, where the average salary package offered is around INR 1,000,000 per annum. Alternatively, private sector workers may earn an average salary of INR 500,000 to INR 700,000 per annum.  

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