Dear LilJohnny and Sheetalb, First off, accept my congratulations for having made the decision of doing a Phd. I am sure your decision is an outcome of a thorough understanding of the journey you are about to pursue by getting the degree of apex of the educational pyramid. When I think of a Phd, I think of a passion- a passion to resist, a passion to perspire, a passion to persist and a passion to conquer. I have always believed that getting a Phd is all about realizing and practicing the characters of passion in you. Needless to say, one needs a talent and an in-depth understanding of the area for success. If you want a Phd, don't think of anything else. Don't let the thinking come to your mind that perhaps I could have been better off financially if I had gone for jobs, life could have been more easier, less challenging etc. The thing is, if you are passionate about Phd, those distractions will never take over you. Also don't think about the possibilitiies that you may end up struggling for a good reaearch career in industries and/or fighting for a tenure track position in the university you are going to attend for teaching and research in the future. When you are going to pursue a challenging life, you have got to be positive so think of the positives. You will get to lead the research direction of an industry after a Phd. You can make a genuine contribution to the educational sector of Nepal. You will get a sure stamp licence to unfold the mysteries of your area of interest by researching in the top-notch industries around the world. Moreover, Phd is not a destination, think about it as a journey.You tend to think less about the outcome in a journey, you just enjoy its moments. Enough of blabberings, let's come to your major query. Not being a management student myself, I have little idea about good schools and good research areas in it. However, I will suggest you to go through the latest US news bulletin for the top graduate school in management. Then go through their websites to find out the professors who are doing active research in your area of interest. Contact those proffessors and try to see if there is a good match between you, your interest, proffessor and his ongoing research. If yes, go ahead and apply. As a matter of fact, the proffessor himself will encourage you to apply if there is a match. Remember, while getting into a top notch university is important, equally or even more important thing is to find out the suitable advisor for you. So I think contacting the professors is the best bet for getting into the Phd program. HTH. All the best.