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Hey! I'm new to this board and am hoping to find some guidance here.
I majored in Acct and minored in math. Then I got my Macc degree. I'm on my way to become a CPA (2 more tests to go). I want to apply for Acct Phd programs for 2011. I get to take one free class every semester at my alma mater. I have several options:
1. Take some econ classes (I only took an intro class for econ). 2. Take an accounting research class, if it's available. 3. Take three more math classes and get my degree in math.
I realize I can take several classes over the course of a school year, but I can't do all of them because of (a) the money; (b) my job. Which ones do you think will be better for my application?
Calculus (and linear algebra, including econometrics, for empirical research) is the cornerstone of whatever work you'd do in an Accounting PhD program, and stuff like microeconomics and game theory is essential for analytical research (many people call that "theory stuff"). Of course an accounting research course can be great but you won't get as much from it if you lack some of the econ foundations behind the papers, whatever the subfield is.
As for a BA in Math -- my guess is the actual courses taken may be more important than the degree, but I don't know.
So basically, in that order: (1) you need a strong foundation in calculus and optimization (Lagrange and so on), (2) you want good prior exposure to microeconomics, econometrics and maybe game theory, preferably at the graduate level (or advanced undergrad courses), and (3) some prior exposure to accounting research is a plus. You may have (1) from your math courses so far, you basically said you don't have (2), so (3) can wait a bit.