Introduction About Ph.D In Business Administration Finance Track

A Doctor Of Philosophy (Ph.D.) In Business Administration With A Specialization In Finance Is A Rigorous And Advanced Academic Program Designed To Provide In-Depth Knowledge And Expertise In Financial Theory, Research Methodologies, And Practical Applications Within The Realm Of Business And Finance. This Specialized Track Within The Broader Field Of Business Administration Is Tailored For Individuals Aspiring To Become Leading Researchers, Scholars, Or Educators In The Dynamic World Of Finance.

Students Pursuing A Ph.D. In Business Administration With A Focus On Finance Delve Deeply Into Various Facets Of Financial Management, Including But Not Limited To Investment Analysis, Corporate Finance, Financial Markets, Risk Management, And Quantitative Methods. The Program Typically Emphasizes A Blend Of Theoretical Foundations And Practical Insights, Aiming To Equip Candidates With The Analytical Skills And Critical Thinking Necessary To Address Complex Financial Challenges In Both Academic And Professional Settings.

Throughout The Course Of Study, Students Engage In Intensive Research, Exploring Contemporary Issues And Contributing To The Advancement Of Knowledge In Finance. They Often Collaborate With Faculty Members On Research Projects, Publish Scholarly Articles In Reputable Journals, And Present Their Findings At Conferences, Thereby Honing Their Abilities To Conduct Independent, Original Research In Finance.

Moreover, A Ph.D. In Business Administration With A Finance Concentration Typically Involves Coursework, Comprehensive Exams, And The Completion Of A Dissertation. The Dissertation Serves As A Significant Contribution To The Field, Allowing Students To Demonstrate Their Expertise By Conducting Extensive Research On A Specialized Topic Within Finance Under The Guidance Of Faculty Mentors.

Graduates Of This Program Are Well-Positioned For Careers In Academia As Professors Or Researchers, As Well As In The Corporate World As Financial Analysts, Consultants, Or Executives. The Comprehensive And Specialized Knowledge Acquired Through This Ph.D. Program Equips Individuals To Navigate The Intricacies Of The Financial Landscape And Make Substantial Contributions To The Advancement Of Financial Theory, Practice, And Education.

 How Can I Apply For Admission To Ph.D In Business Administration Finance Track Program

To Apply For Admission To A Ph.D. In Business Administration With A Finance Track Program, Follow These General Steps:

Research Programs: Explore Various Universities Or Academic Institutions Offering Ph.D. Programs In Business Administration With A Finance Concentration. Look Into Their Program Curriculum, Faculty Expertise, Research Opportunities, And Admission Requirements To Find The Most Suitable Options.

Fulfill Prerequisites: Ensure That You Meet The Prerequisites For Admission, Which Typically Include A Master's Degree In A Related Field (Though Some Programs Might Accept Exceptional Candidates With A Bachelor's Degree), A Strong Academic Background, And Relevant Work Experience In Finance Or Related Areas.

Prepare Application Materials: Gather The Necessary Application Materials, Which Usually Include:

Completed Application Form (Online Or Paper-Based)

Transcripts Of Academic Records From Previous Institutions Attended

Letters Of Recommendation From Academic Or Professional Contacts

Statement Of Purpose Outlining Your Academic And Career Goals, Research Interests, And Reasons For Pursuing A Ph.D. In Finance

Resume Or Curriculum Vitae (Cv) Detailing Your Educational Background, Work Experience, Research Involvement, Publications (If Any), And Relevant Achievements

Standardized Test Scores (E.G., Gre Or Gmat) - Some Programs Might Require These, While Others May Not

Write A Strong Statement Of Purpose: Craft A Compelling And Coherent Statement Of Purpose That Highlights Your Passion For Finance, Your Research Interests, And How The Ph.D. Program Aligns With Your Career Goals. Tailor This Statement To Each Institution You Apply To.

Secure Letters Of Recommendation: Request Letters Of Recommendation From Professors, Employers, Or Individuals Who Can Attest To Your Academic Abilities, Work Ethic, And Potential For Success In A Ph.D. Program.

Prepare For Interviews: Some Programs May Conduct Interviews As Part Of The Selection Process. Be Prepared To Discuss Your Academic Background, Research Interests, And Motivations For Pursuing A Ph.D. In Finance.

Submit Application: Complete And Submit Your Application Materials By The Specified Deadline. Ensure All Required Documents Are Included And Follow The Application Instructions Provided By The Institution.

Application Fee: Pay Any Required Application Fees.

Follow Up: Monitor The Application Process And Follow Up With The Admissions Office If Necessary. Be Proactive In Providing Any Additional Information Requested By The Institution.

Each University May Have Specific Application Procedures And Requirements, So It's Crucial To Carefully Review And Adhere To The Guidelines Outlined By The Institution Offering The Ph.D. In Business Administration With A Finance Track Program.

What Is The Eligibility For Ph.D In Business Administration Finance Track

The Eligibility Criteria For A Ph.D. In Business Administration With A Finance Track May Vary Among Universities Or Institutions Offering The Program. However, Common Eligibility Requirements Often Include:

Educational Background: Most Programs Require Applicants To Hold A Master's Degree In A Related Field, Such As Finance, Business Administration, Economics, Accounting, Or A Closely Related Discipline. Some Institutions May Admit Exceptional Candidates With A Strong Academic Background And A Bachelor's Degree Directly Into Their Ph.D. Program.

Academic Excellence: Applicants Are Expected To Have A Strong Academic Record, Typically Demonstrated By A High Gpa (Grade Point Average) In Their Previous Academic Coursework, Especially In Finance-Related Subjects Or Relevant Disciplines.

Standardized Test Scores: Some Universities May Require Applicants To Submit Scores From Standardized Tests Such As The Gre (Graduate Record Examination) Or Gmat (Graduate Management Admission Test). However, This Requirement Varies Among Institutions, And Some May Waive These Tests For Certain Applicants.

Work Experience And Research Background: While Not Always Mandatory, Relevant Work Experience In Finance, Research Experience, Publications, Or Involvement In Finance-Related Projects Can Strengthen An Applicant's Profile.

Letters Of Recommendation: Applicants Are Usually Asked To Provide Letters Of Recommendation From Academic Mentors, Professors, Or Employers Who Can Attest To Their Academic Abilities, Research Potential, And Suitability For Doctoral Studies In Finance.

Statement Of Purpose: A Well-Crafted Statement Of Purpose Outlining The Applicant's Academic And Career Goals, Research Interests, And Reasons For Pursuing A Ph.D. In Business Administration With A Finance Specialization Is Often Required.

English Proficiency: For International Applicants, Proficiency In English Is Typically Required. Universities Commonly Ask For Proof Of English Language Proficiency Through Tests Like Toefl (Test Of English As A Foreign Language) Or Ielts (International English Language Testing System) Unless The Applicant's Prior Education Was Conducted In English.

Additional Requirements: Some Institutions Might Have Additional Criteria Or Requirements Specific To Their Program, Such As Interviews, Writing Samples, Or Specific Prerequisite Coursework In Finance Or Related Subjects.

Prospective Candidates Should Carefully Review The Specific Eligibility Criteria Outlined By The Institution Offering The Ph.D. In Business Administration With A Finance Track To Ensure They Meet All Requirements Before Applying For Admission.

 How Long Does It Takes To Complete A Ph.D In Business Administration Finance Track Program

The Duration To Complete A Ph.D. In Business Administration With A Finance Track Can Vary Based On Several Factors, Including The Individual's Prior Education, Research Progress, Dissertation Completion, And The Specific Requirements Of The Program. Typically, The Timeline For Completing A Ph.D. In This Field Ranges From 4 To 6 Years, But It Can Extend Beyond This Range In Certain Cases.

Here's A Breakdown Of The General Timeline:

Coursework: In The Initial Phase, Students Usually Complete Coursework, Which Can Take Around 1-2 Years. The Coursework Includes Advanced Topics In Finance, Research Methodologies, And Other Related Subjects To Provide A Strong Theoretical Foundation.

Comprehensive Examinations: After Completing Coursework, Students May Need To Pass Comprehensive Exams To Demonstrate Their Mastery Of The Field. This Phase Can Take Several Months To Prepare And Complete.

Dissertation Proposal: Once Exams Are Passed, Students Work On Developing A Dissertation Proposal. This Involves Identifying A Research Topic, Conducting A Literature Review, And Proposing A Methodology For The Research. This Phase Might Take About 6 Months To A Year.

Dissertation Research And Writing: The Bulk Of The Ph.D. Program Is Dedicated To Conducting Original Research And Writing The Dissertation. This Phase Can Take Around 2-4 Years Or Longer, Depending On The Complexity Of The Research, Data Collection, Analysis, And Writing.

Dissertation Defense: Upon Completion Of The Dissertation, Students Defend Their Research In Front Of A Committee. This Defense Typically Includes Presenting And Defending The Findings And Conclusions Of Their Research. The Time Taken For This Step Varies But Can Range From A Few Months To Several Months.

Completion: After Successfully Defending The Dissertation, Students Make Any Necessary Revisions Based On Feedback From The Committee. Once These Revisions Are Completed And Approved, The Ph.D. Is Conferred.

Factors Such As Research Complexity, Data Availability, Faculty Guidance, And Individual Progress Can Significantly Impact The Timeline For Completing A Ph.D. In Business Administration With A Finance Track. Additionally, Some Students May Take Longer Due To Part-Time Enrollment, External Commitments, Or Unforeseen Circumstances.

It's Essential For Prospective Candidates To Discuss The Specific Program Timeline And Expectations With The Institution They Are Applying To In Order To Understand The Approximate Duration For Completing The Ph.D. In Business Administration With A Finance Specialization.

. What Are Potential Career Opportunities After Ph.D In Business Administration Finance Track

After Completing A Ph.D. In Business Administration With A Finance Track, Graduates Can Pursue Various Rewarding Career Paths Across Academia, Research Institutions, And The Corporate World. Some Potential Career Opportunities Include:

Academia: Many Graduates Choose To Enter Academia As Professors Or Faculty Members At Universities Or Business Schools. They Can Conduct Research, Teach Courses In Finance, Mentor Students, And Contribute To Academic Publications. They May Start As Assistant Professors And Work Towards Achieving Tenure Or Pursue Administrative Roles Within Academic Institutions.

Research: Graduates Can Work As Researchers In Various Settings, Including Think Tanks, Financial Institutions, Consulting Firms, Or Governmental Agencies. Their Expertise In Finance Enables Them To Conduct In-Depth Research On Financial Markets, Investment Strategies, Corporate Finance, Or Policy Analysis.

Consulting: Some Ph.D. Holders Find Opportunities In Consulting Firms, Offering Their Expertise In Financial Analysis, Risk Management, Mergers And Acquisitions, Or Strategic Financial Planning. They Might Work With Businesses To Provide Insights And Solutions To Complex Financial Challenges.

Financial Analysis And Management: Graduates Can Pursue Roles As Financial Analysts, Financial Managers, Or Executives In Corporations, Banks, Investment Firms, Or Multinational Companies. They Might Specialize In Areas Such As Corporate Finance, Investment Banking, Risk Management, Or Financial Planning And Analysis.

Government And Policy: With Their Advanced Understanding Of Finance And Economics, Ph.D. Graduates Can Work In Governmental Organizations, Regulatory Bodies, Or Policy Think Tanks. They May Contribute To Shaping Financial Regulations, Economic Policies, Or Advise On Fiscal Policies At Local, National, Or International Levels.

Entrepreneurship And Startups: Some Graduates May Choose To Start Their Own Businesses Or Venture Into Entrepreneurship, Utilizing Their Knowledge Of Finance To Establish And Manage New Ventures, Especially In Finance-Related Sectors Like Fintech, Investment Management, Or Financial Consulting.

Nonprofit And Ngos: Opportunities Exist For Ph.D. Holders To Work In Nonprofit Organizations Or Non-Governmental Organizations (Ngos) Focusing On Economic Development, Financial Inclusion, Or Providing Financial Advisory Services To Underserved Communities.

Executive Leadership: Over Time, Ph.D. Graduates Can Ascend To Executive-Level Positions In Various Industries, Taking On Roles Such As Chief Financial Officer (Cfo), Chief Investment Officer (Cio), Or Other Leadership Positions Where Their Strategic Financial Expertise Is Valued.

The Career Paths Available To Ph.D. Graduates In Business Administration With A Finance Track Are Diverse, Offering Opportunities For Leadership, Research, Teaching, Consulting, And Making Impactful Contributions To The Field Of Finance And Business.

Syllabus Of Ph.D In Business Administration Finance Track Semester Wise 

The Specific Syllabus For A Ph.D. In Business Administration With A Finance Track Can Vary Significantly Between Universities And Programs. However, I Can Provide A Generalized Overview Of The Potential Coursework That Might Be Covered In A Semester-Wise Format:

Please Note That The Following Breakdown Is Illustrative And May Not Represent The Actual Courses Offered In Any Particular Program:

Semester 1-2:

Research Methodology In Business: Focus On Quantitative And Qualitative Research Methods, Data Analysis Techniques, And Research Design Applicable To Finance.

Advanced Financial Theory: In-Depth Study Of Financial Theories, Including Capital Structure, Corporate Finance, Financial Markets, And Asset Pricing.

Seminar In Finance Research: Introduction To Current Research Topics, Discussions On Seminal Papers, And Critical Analysis Of Contemporary Issues In Finance.

Elective Course 1: Coursework Might Include Specialized Topics Such As Behavioral Finance, Derivatives, Financial Econometrics, Or International Finance.

Semester 3-4:

Empirical Methods In Finance: Advanced Statistical Techniques And Econometric Methods Used In Finance Research, Emphasizing Empirical Analysis.

Seminar In Corporate Finance: Detailed Exploration Of Corporate Financial Strategies, Governance, Mergers And Acquisitions, And Capital Budgeting.

Elective Course 2: Students May Choose From A Range Of Electives Like Risk Management, Financial Modeling, Investment Analysis, Or Financial Policy.

Preparation For Comprehensive Exams: Independent Study Or Seminars Preparing Students For Comprehensive Examinations Assessing Their Knowledge In Finance.

Semester 5-6:

Dissertation Proposal Development: Working Closely With Faculty Advisors To Develop A Dissertation Proposal, Including Literature Review, Research Methodology, And Proposal Defense.

Dissertation Research: Focus On Conducting Original Research, Collecting And Analyzing Data, And Writing The Dissertation Under The Guidance Of A Faculty Committee.

Teaching Practicum (Optional): Some Programs Offer Opportunities For Students To Gain Teaching Experience By Assisting In Undergraduate Or Graduate-Level Courses.

Semester 7-8 And Beyond:

Dissertation Writing And Defense: Continued Work On The Dissertation, Finalizing Findings, Conclusions, And Presenting And Defending The Completed Research Before A Committee.

Publication And Research Presentation: Opportunities To Present Research At Conferences And Publish Papers In Academic Journals.

Please Note That This Is A Generalized Outline, And Actual Course Offerings, As Well As The Sequencing Of Courses, May Vary Significantly Between Institutions. Students Should Consult Their Specific Program's Curriculum For The Most Accurate And Detailed Information On The Syllabus And Course Structure For A Ph.D. In Business Administration With A Finance Track.

Internship Opportunities After Completing Ph.D In Business Administration Finance Track

Internship Opportunities For Individuals Who Have Completed A Ph.D. In Business Administration With A Finance Track Can Vary Depending On Their Career Aspirations, The Industry They Wish To Enter, And Their Specific Area Of Expertise Within Finance. While Internships Are Often Associated With Undergraduate Or Master's Level Students, Post-Ph.D. Individuals Might Still Find Valuable Experiential Opportunities In Various Sectors:

Academic Institutions: Post-Doctoral Fellowships Or Research Positions Within Universities And Research Institutions Offer Opportunities To Further Research Interests, Collaborate With Renowned Scholars, And Gain Additional Teaching Or Research Experience.

Corporate Sector: Some Companies And Financial Institutions Offer Post-Doctoral Or Research Positions That Can Be Akin To Internships. These Roles Might Involve Specialized Projects, Conducting Research, Or Working Closely With Industry Experts. These Opportunities Can Be In Sectors Like Investment Banking, Corporate Finance, Financial Consulting, Or Risk Management.

Think Tanks And Research Organizations: Institutions Focusing On Economic Policy, Finance, Or Market Research Might Provide Opportunities For Post-Ph.D. Individuals To Engage In Policy Analysis, Economic Research, Or Market Studies, Contributing Their Expertise To Real-World Issues.

Governmental And Nonprofit Organizations: Government Agencies, Regulatory Bodies, And Nonprofit Organizations May Offer Internships Or Short-Term Roles Related To Financial Policy-Making, Analysis, Or Developmental Finance Initiatives.

Consulting Firms: Specialized Consulting Firms Focusing On Finance, Economic Analysis, Or Strategy Might Hire Individuals With A Ph.D. To Work On Consulting Projects, Providing Expertise On Financial Models, Market Analysis, Or Investment Strategies.

Entrepreneurship And Startups: Individuals With A Ph.D. Might Opt To Join Or Start Their Own Ventures, Applying Their Expertise In Finance To Innovative Projects Or Startups Related To Financial Technology (Fintech), Analytics, Or Financial Services.

While Internships Might Be Less Common At The Post-Ph.D. Level Compared To Undergraduate Or Master's Levels, There Are Still Ample Opportunities For Individuals With Advanced Degrees To Gain Hands-On Experience, Expand Their Networks, And Apply Their Research-Based Knowledge To Practical Settings. Networking, Utilizing Academic Connections, Industry Conferences, And Actively Seeking Out Specialized Positions Aligned With One's Expertise Are Effective Ways To Explore And Secure Internship-Like Opportunities After Completing A Ph.D. In Business Administration With A Finance Track.

 Scholorship And Grants For Ph.D In Business Administration Finance Track

Scholarships And Grants For A Ph.D. In Business Administration With A Finance Track Are Available From Various Sources Including Universities, Government Entities, Private Organizations, And Foundations. These Financial Aids Can Help Cover Tuition Fees, Research Expenses, Living Costs, And Other Academic-Related Expenses. Here Are Some Potential Avenues For Scholarships And Grants:

University-Specific Funding: Many Universities Offer Scholarships, Fellowships, Or Assistantships To Ph.D. Students Based On Merit, Academic Achievements, Research Potential, Or Teaching Assistance. These Might Cover Tuition Waivers, Stipends, Or Research Funds.

Government Grants And Fellowships: Government Bodies, Such As The National Science Foundation (Nsf) Or Governmental Departments Related To Finance And Education, Often Offer Grants And Fellowships To Support Doctoral Research In Business And Finance Fields.

Industry And Professional Associations: Some Industry Sectors Or Professional Associations Related To Finance Offer Scholarships Or Grants To Support Research In Specific Areas Of Interest. These Can Include Finance-Related Organizations, Banking Associations, Or Corporate Foundations.

Research Grants From Financial Institutions: Financial Institutions, Banks, Investment Firms, Or Financial Service Companies Occasionally Offer Grants Or Funding For Research Initiatives Related To Finance, Economics, Or Business Administration.

International Funding Opportunities: For International Students, There Are Often Scholarships Available Through International Organizations, Bilateral Agreements, Or Specific Country-Based Scholarship Programs.

Diversity And Inclusion Scholarships: Some Scholarships Are Specifically Designed To Support Underrepresented Groups In Higher Education, Promoting Diversity And Inclusion. These Might Be Available From Universities Or External Organizations.

Research And Project-Specific Grants: Various Foundations Or Philanthropic Organizations Offer Grants For Specific Research Projects, Topics, Or Initiatives. These Grants Can Often Support Doctoral Research In Finance-Related Fields.

Corporate Sponsorships Or Employer Support: Some Students Pursuing A Ph.D. May Receive Financial Support From Their Employers, Especially If Their Research Is Aligned With The Company's Interests Or If They Plan To Contribute Relevant Knowledge Back To The Organization.

To Find These Opportunities, Prospective Ph.D. Candidates Should Thoroughly Research And Explore Financial Aid Options Offered By Their Prospective Universities, Consult Financial Aid Offices, Check Departmental Websites, And Seek Guidance From Academic Advisors Or Professors. Additionally, Online Databases, Scholarship Search Engines, And Financial Aid Directories Specific To Graduate And Doctoral-Level Studies Can Also Be Helpful In Identifying Potential Scholarships And Grants For A Ph.D. In Business Administration With A Finance Track.

 Conclusion Ph.D In Business Administration Finance Track

In Conclusion, Pursuing A Ph.D. In Business Administration With A Finance Track Offers A Robust Pathway For Individuals Aspiring To Become Leading Researchers, Educators, Or Professionals In The Dynamic Realm Of Finance. This Specialized Program Equips Students With Advanced Knowledge, Research Skills, And Critical Thinking Abilities Essential For Tackling Intricate Financial Challenges In Both Academic And Practical Settings.

Throughout The Comprehensive Curriculum, Students Delve Deeply Into Various Facets Of Finance, Including Investment Analysis, Corporate Finance, Financial Markets, Risk Management, And Quantitative Methods. The Program's Emphasis On Theoretical Foundations, Coupled With Practical Applications, Prepares Candidates To Address Contemporary Financial Issues And Contribute Significantly To The Advancement Of Financial Theory And Practice.

The Ph.D. Journey Typically Involves Rigorous Coursework, Comprehensive Exams, And The Development And Defense Of A Dissertation—An Original Contribution To The Field. Graduates Are Well-Positioned For Diverse Career Opportunities, Including Academia As Professors Or Researchers, Roles In Corporate Finance, Consulting, Governmental And Policy-Making Bodies, Or Entrepreneurial Endeavors Within Finance-Related Sectors.

Moreover, The Availability Of Scholarships, Grants, And Potential Internship Opportunities Further Enhances The Value Of Pursuing This Advanced Degree, Providing Financial Support And Hands-On Experience In Various Sectors.

Ultimately, A Ph.D. In Business Administration With A Finance Specialization Opens Doors To A Wide Array Of Fulfilling Career Paths, Allowing Individuals To Make Substantial Contributions To The Ever-Evolving Landscape Of Finance While Shaping The Future Of The Field Through Their Expertise, Research, And Innovative Thinking.

FAQs

Ques. How is the job market for PhD Business Administration candidates?

Ans. PhD Business Administration, also known as DBA qualifies the candidate as a specialist and consultant in the domain. Academic and practical areas in Applied research open up for candidates. These have a high demand in the industry.

Ques. How long is the PhD Business Administration?

Ans. PhD Business Administration varies from 3 years to 5 years in different universities of India.

Ques. Are there reservation quotas for SC/ST and OBC for PhD Business Administration?

Ans. Each university follows the government rules in setting up seats for candidates from reserved categories. Refer to admission notifications to know about seats for reservation category candidates.

Ques. Is it beneficial to pursue an MBA before Ph.D. in Business Administration?

Ans. MBA is one of the requirements to take admission for PhD Business Administration. While MBA focuses on the current knowledge of Business, PhD focuses on researching new concepts and improving business statistics and strategies. While there are other Masters programs that can lead to a PhD MBA can also be done as an additional degree after PhD Business Administration. Yet, the PhD covers all aspects of an MBA.

Ques. What is the focus on Financial Market Operations in the course?

Ans. Financial Market Operations brings in the concept of Economic Development, Structure of Capital Market, Securities, and Exchange Board of India, and related fundamentals. FMO is one of the core subjects of Business Administration.

Ques. What are Game Theory Applications in the course?

Ans. Game Theory Applications are related to the Pricing and Output strategy of a business. These are based on what is known as the Nash equilibrium. It helps to properly situate a company in the market, so as to help gain assets and reduce liabilities.

Ques. Are there comparative courses to PhD Business Administration?

Ans. There are many PhD level courses in India. For PhD Management domain, PhD Operation Management is one option. PhD Marketing is also a good option, PhD Business Management are some good choices.

Ques. How is life after completing PhD Business Administration?

Ans. A candidate who completes PhD Business Administration can start a career with early footprints on high-end career roles. Starting as Associate Manager, the candidate can gain early jumps towards Directorial positions. The candidate can eventually become a CEO or CFO of a company.

Ques. What is the registration process for PhD Business Administration at various universities?

Ans. Eligible students can give various national level entrance tests like GATE, UGC-NET. They can also give SLETs which are specific to the state.

Ques. Are there reservation quotas for SC/ST/OBC for PhD Business Administration?

Ans. Reservation of seats in various colleges is available as per government norms.

Ques. Which Delhi colleges are best to study full-time PhD Business Administration?

Ans. The best full-time PhD Business Administration in Delhi can be pursued in many colleges. For a complete list of such colleges, check here.

Ques. Is GRE score accepted for PhD Business Administration colleges?

Ans. GRE is an international qualifying exam and is accepted by some of the colleges in India for PhD Business Administration. For the list of colleges, check here.

Ques. How many colleges provide PhD Business Administration in the state of Maharashtra?

Ans. As of 2022, there are 7 colleges that provide PhD Business Administration in the state of Maharashtra. For the complete check here.