Online PhD Degree in Accounting
There’s prestige, there’s greater knowledge, there’s the recognition that you are an expert in your field – what’s there not to like in a PhD? With a doctoral degree in accounting, you can reach the heights of knowledge in your chosen field of specialty, backed by a strong curriculum, thorough research and theoretical expertise.
Core Curriculum and Coursework
As with any top-quality degree program, accredited online degrees in accounting also cover an extensive coursework to ensure that the knowledge base of a PhD candidate is quite strong. Courses are covered in various specialty areas and cover many different facets of accounting. Examples of some core courses include:
- Financial Reporting
- Managerial Control
- Accounting Research
- Corporate Governance
- Ethical Standards in Accounting Practice
- Advanced Accounting Theory
- Forensic Accounting
- Applied Research Methods
Dissertation and Comprehensive Examinations – the Core Features of Any Accounting PhD Program
Since a doctorate degree in accounting is largely research based, research work, dissertation and assessments for this online degree are quite intensive. The comprehensive exam is taken after students complete all the coursework of their degree, usually after the first two years. Thereafter, students begin their research into the latter half of their online PhD in accounting, making a presentation of their research, conducting primary and secondary research, writing their dissertation and presenting a thesis. All together, the PhD program can take anywhere between 3-5 years depending on the school you enroll in as well as the time you take to complete your research.
The Worth of a PhD with an Accounting Specialization
Getting a terminal degree in accounting can add prestige to your credentials and also enhance your earning potential. According to Indeed.com, the average salary of candidates with a doctorate in accounting is $93,000 which is “44% higher than average salaries for all job postings nationwide”. However, in order to ensure that those long years of studying and research are all worth it, you have to make sure you get enrolled in an accredited online accounting school for your doctorate degree.
Career Prospects and Opportunities with a Doctorate in Accounting
With a PhD in this discipline, you definitely establish yourself as an expert in your field. That means that doors to professional careers as well as academic job are open for you. Some candidates with an online PhD in accounting, for example, go on to higher level auditing or accounting roles in big firms. Yet others take up academic positions such as tenure-track professorships, or even head of departments at a leading university.
Most top-quality online colleges with require the following documentation from PhD candidates for accounting:
- Graduate Management Admission Test (GMAT) score
- Master’s degree in accounting or a related field from an accredited institution
- Application fee
- A minimum GPA level, depending on the school you apply to
- Letters of recommendation from academic or professional references
- Statement of Purpose
Even though an accounting PhD may become a tad difficult at times, you should never forget your goals and always remind yourself of the numerous gains you’ll reap on the completion of this degree.