R.A.Podar College of Commerce & Economics became a recognized centre for guiding Ph.D. students as early as 1965. Late Principal G.P.Palekar headed the Ph.D. programme for almost a decade and guided many students to complete their Ph.D. After the sad demise of Principal G. P. Palekar, the Ph.D. division became non-functional, lacking suitable guidance. The tradition of continuing the research activity was revived in the year 2009. Principal Dr. (Mrs.) Shobana Vasudevan (recognized research guide) is currently guiding the students for pursuing Ph.D. at the centre. A well equipped research wing is in place so that the required research ambience is created. One student of college Ph.D. cell, Ms. Vinda Paralkar, participated in Avishkar state level competition and won silver medal. Right now 5 students are working on their Ph.D. under the able guidance of Dr. (Mrs.) Shobana Vasudevan.