ICAI Doctoral Scholarship Scheme 2023

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EligibilityRegistered Ph.D. scholars
RegionIndia
AwardINR 75,000 per month for 3 years and an annual contingency grant of INR 50,000
DeadlineClosed

About the Program

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Last Updated On : 22-08-2023   Posted By : Rincy Kaur

ICAI Doctoral Scholarship Scheme 2023 is an initiative of the Institute of Chartered Accountants of India (ICAI) for registered Ph.D. scholars. This doctoral scholarship will be awarded to the candidates to pursue and complete their doctoral research in Auditing, Taxation, Commerce, Management and Accounting. The selected candidates will receive a monthly scholarship of INR 75,000 for 3 years and an annual contingency grant of INR 50,000.

  • ICAI Doctoral Scholarship Scheme 2023
    DeadlineClosed
    Eligibility

    To be eligible, an applicant must:

    • hold membership of ICAI (The Institute of Chartered Accountants of India)
    • be less than 40 years of age as on the date of application
    • be a full-time student at the university/college/institution while pursuing Ph.D. degree
    • not avail any other scholarship for the same

     

    Benefits

    A total of 5 selected scholars will receive a monthly scholarship of INR 75,000 for 3 years and an annual contingency grant of INR 50,000.

    Documents

    The candidates are required to submit the following documents duly signed and stamped by the Supervisor of the candidate for Ph.D. degree or any other competent signing authority of the university/college/institution:

    • Research proposal in not more than 3,000 words
    • Abstract of research proposal in not more than 300 words
    • Proofs of qualification for NET/SLET/MPhil etc.
    • Copy of ICAI Membership
    • Copy of Ph.D. Enrolment/registration

     

    On completion of the scholarship, the scholar should submit the following within one year:

    • Copy of the Ph.D. thesis submitted to the University for Award of the degree along with a summary of the report (3,000-4,000 words)
    • Research papers published

     

    Note:

    • The above documents should be submitted in hard copy and a soft copy in a pen drive.
    • In case a thesis is revised and re-submitted, a copy of the same should be submitted to the ICAI also.
    How can you apply?

    Eligible candidates can apply for the opportunity by following the below-mentioned steps:
    Step 1: Click on the 'Apply Now' button.
    Step 2: Click the 'Register' button and fill in the required registration details. (Note - If already registered, log in using Gmail/Mobile number/Email ID)
    Step 3: Read the details carefully and navigate to the 'How to Apply' section.
    Step 4: Click on the given link under the 'Application Form' heading to download the application form.
    Step 5: Fill in the application form, attach the required documents, and submit it to the following address on or before 30th September 2023:
    Research Committee
    The Institute of Chartered Accountants of India
    3rd Floor, Main Building
    ICAI Bhawan, Post Box No. 7100,
    Indraprastha Marg, New Delhi – 110002

Important Dates

Application Deadline - 30th September 2023.

Selection Criteria

The candidates will be selected based on the following criteria - 

  • Applications are initially scrutinized by the Research Committee Secretariat.
  • Thereafter, shortlisting committee will shortlist the meritorious proposals from the eligible applications.
  • These applicants may also be invited for a presentation before Shortlisting Committee.
  • The recommendations of the shortlisting committee will then be placed before the Research Committee for its final approval.
Terms and Conditions
  • Regular monitoring of scholarship will be done based on a quarterly and annual progress report submitted by the scholar and duly forwarded by the supervisor.
  • The scholarship may be discontinued if research progress is found unsatisfactory or any ICAI rules are violated.
  • The ICAI may ask for an annual presentation/mid-term appraisal of the research work.
  • During the scholarship, the scholars are required to publish yearly at least one research paper in the International Journal of Repute and one in the ICAI Journal on the theme of the research undertaken and submit a copy of these to ICAI.
  • If scholars leave the scholarship before its full term under the scheme, they must inform ICAI in advance.
  • The scholar shall be permitted to retain the grant released from the joining date till the date of leaving subject to submission of the following:
    • An updated progress report for the said period duly forwarded by the supervisor.
    • An undertaking for submission of Ph.D. Thesis within three years on a non-judicial stamp paper of INR 100.
  • In other cases, the scholar can leave the scholarship by refunding the entire amount already released by the ICAI.
  • Scholars who leave the degree in between or without completing it and without approval from ICAI, are obligated to refund the total scholarship amount disbursed, along with penalties or penal interest.
  • The doctoral scholars must stay and work full-time at the affiliating university/college/institution. However, they may go on fieldwork with the express approval of their supervisor.
  • The scholars should not have been subjected to any disciplinary/legal actions/proceedings/financial penalties in their research careers.
  • Books/periodicals/equipment purchased by the scholar out of the contingency grant should be deposited with the ICAI.
  • Application submitted against a call will not be considered for the subsequent calls on its own.
  • The ICAI reserves the right to reject any application without assigning any reason. It is also not responsible for any postal delay/loss.
  • Incomplete applications in any respect shall not be considered for scholarship.
  • The final authority related to the interpretation of the guidelines or any issue left is vested with the ICAI.
  • The tenure of the scholarship is strictly for a maximum of three years. Any extension can be granted under exceptional circumstances without any additional financial implications to ICAI. The ICAI reserves the right to determine exceptional circumstances.
  • The contingency grant may be utilized for books, stationery, computer consumable costs and fieldwork expenses related to the research work.
  • The ICAI reserves the right to publish the Ph.D. thesis funded by it, provided the work is recommended for publication by the ICAI Research Committee.
  • The scholar shall prominently acknowledge ICAI’s support in all publications resulting from the research output of the scholarship and should submit a copy of the same to the ICAI.
  • The scholars are not entitled to the same type of scholarship more than once.
  • While accepting doctoral scholarships from the ICAI, the scholars can not accept any other scholarship from any other university/college/institution.

Note: For detailed information, kindly refer to the 'Scholarship Detail Document'.

This scholarship is closed for further applications. It is expected to be launched by August, 2024. You can follow this scholarship for further updates.

Meanwhile, browse our featured scholarships and other related scholarships while you wait for the launch of this scholarship.

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