Steps To Get a Doctorate Degree in Accounting

Going through a doctorate program in accounting is challenging but also rewarding due to the shortfall of specialized personnel in the field. Depending on your academic background, if you can pursue a PHD in accounting, it will open doors for considerably better opportunities.

For instance, you can opt for the education side of things. You can easily become a professor at a good university if you manage to take the PhD degree from a good institution. An accounting teacher earns a lot and also gives you a wholesome experience if you choose this career path. You can even enter the field of negotiation management with you being the accounting adviser.

Whatever the case may be, if you are confused about how to get a doctorate degree, here is a step by step guide that will help you sort your problems out.

Instructions

  • 1

    Give necessary Prerequisites. Pursuing specialization in a particular field requires you to have all the fundamentals covered. Therefore a bachelor’s degree in accounting, finance, business or economics becomes a necessity. Moreover, earning a PHD may require you to get a graduate degree, along with a few years of relevant experience under your belt.

  • 2

    Start the application process. You may apply in two or three schools to widen your acceptance range. Select the program which best suits your long term aspirations. Accounting is a broader category so you may be required to narrow down the area of interest – finance, asset management etc.

  • 3

    Complete the procedure. You will be required to submit all necessary academic qualifications until now, along with letters of recommendation. Get hold of the original transcripts from your graduate school, and get in touch with your professors.  Apart from recommendations from your previous lecturers, any job experience will prove important. Ask your bosses for reference and request them to be positive. Include your personal statement as well; which best describes your capabilities and career ambitions.

  • 4

    Register yourself so you are able to take the Graduate Management Admissions Test (GMAT) or Graduate Record Examination, whichever is required. Start preparing accordingly. You may have given the test before so check for validity. In other circumstances, you will be required to give the test again.  Your application must be completed by now and you should be awaiting the test score. Prepare yourself for interviews and other standard procedures.

  • 5

    Decide on the preferred school if you have been called by more than one. Enroll and start the program. The accounting degree will cover all broad areas including finance, economics, managerial accosting, research courses, business, auditing and other related seminars. The courses will take a minimum of 2 years.

  • 6

    You will need to pass the exams in order to earn a PHD. Prepare yourself for the courses and take additional help from your lecturers. Moreover, in the final semester you will be required to conduct a research and give out a practical demonstration. Your dissertation will be evaluated by the faculty and you will be asked questions relating to it.  Make sure you prepare thoroughly.

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