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PhD in Accounting

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PhD in Accounting [#permalink] New post 17 Mar 2005, 22:05
Can anyone tell me the job prospects for a PhD in Accounting from a good universty in US? Is there a good demand for PhDs in Accounting (USA)? I am interested in academicia.
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Re: PhD in Accounting [#permalink] New post 18 Mar 2005, 11:03
lijo wrote:
Can anyone tell me the job prospects for a PhD in Accounting from a good universty in US? Is there a good demand for PhDs in Accounting (USA)? I am interested in academicia.


From what I've been told recently by a finance professor friend, the prospects are good for accounting profs and they tend to be well-compensated.
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 [#permalink] New post 26 Mar 2005, 20:28
phd in accounting is a great option for someone with BS in ACc or preferably a MACC or MSA/JD/LLM also a CPA/CMA is always a plus. right now in the US there are 3 times as many openings for accounting profs than there are phd graduates in accounting. the job market is very promising. schools to consider - UT Austin /GSB/ Wharton / NYU/ Columbia are at the top of the phd rankings.
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 [#permalink] New post 28 Mar 2005, 10:47
Thank u ( both of u). I am a post graduate in commerce from India with 70% marks for accounting subjects. I have two years teaching experience (Accounting and financial management) at post graduate level. I have almost narrowed down my research interests in accounting. How much I should score for GMAT to get into a good US university (with a fine doctoral program in accounting) ?
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 [#permalink] New post 28 Mar 2005, 12:03
I would also take a close look at Rochester and Stanford.

The following link has some information on PhD admit stats including GMAT scores:

http://www.gmatclub.com/phpbb/viewtopic.php?t=14304
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 [#permalink] New post 29 Apr 2005, 16:16
To get into a top 10 US school in accounting, you need to have a very good score on the GMAT (probably over 740). A background in economics or advanced math/statistics will greatly help (probably more so than good LORs).

As for good schools in accounting, there a few studies (search for Lawrence D. Brown or Larry M. Robinson on SSRN.com) that rely on publications, placement and citations. No ranking is perfect but this is a good start. Here's the top 10 from Robinson and Adler (2002):

1. Stanford
2. Wharton
3. Harvard
4. Rochester
5. Cornell
6. Yale
7. Carnegie Mellon
8. Chicago
9. Michigan
10. NYU

This is based on mean # of citations from 1988 to 2002 by faculty members who were at each school in 2002. This kind of "adjusted for size" ranking puts bigger teaching schools like Michigan (and NYU, I guess) at a disadvantage since these schools will invariably attract some faculty who will only teach. Also, faculty members tend to move a lot (especially untenured) so this type of ranking is doomed to be flawed sometime, but still it's a start.
  [#permalink] 29 Apr 2005, 16:16
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