Students are required to complete a minimum of 16 graduate level courses, of which eight at most can be transferred from other programs, schools or universities. Up to four courses per semester may be counted toward the overall requirement of 16 courses. The eight courses taken in the first year usually consist of the four required economics and statistics courses, an empirical accounting core course (ACCT921), and finance electives. In the second year, students take the accounting theory core course (ACCT910), a second empirical accounting core course (ACCT922), and additional economics, statistics, and elective courses. In addition, ACCT930 is offered in the spring semester every two years, so students are required to take this course in the spring of their first or second year, depending on when they start the program. In the third year, students again take the seminar colloquium (ACCT981) and any remaining electives. ACCT982 can be taken as an elective in the fourth year. Some students also construct individualized independent studies with faculty (ACCT999)
Accounting doctoral students are required to take the Accounting Research Seminars:
ACCT 910 – Accounting Theory Research (1 credit)
ACCT 921 – Empirical Research in Accounting I (1 credit)
ACCT 922 – Empirical Research in Accounting II (1 credit)
ACCT 930 – Empirical Design in Accounting Research (1 credit)
ACCT 981 – Seminar Colloquium (1 credit)
ACCT 982 – Seminar Colloquium (1 credit)
ACCT910 is taken in Fall of the second year (1 credit).
ACCT921 is taken in Spring of the first year (1 credit).
ACCT922 is taken in Spring of the second year (1 credit).
Students are also required to take a two-course sequence in economics and a two course sequence in econometrics/statistics:
Economics (2 courses)
ECON 681 – Microeconomic Theory
ECON 682 – Game Theory and Applications.
Econometrics/Statistics (2 courses)
A one-year graduate level sequence in econometrics or statistics is required. Accounting PhD students are encouraged to take STAT 520/521. Students may, with the approval of the Accounting PhD coordinator, satisfy this requirement with STAT 510/520, STAT 512/520, STAT 550/551, or ECON 705/706. In extraordinary cases, with approval of the Accounting PhD coordinator, a student may satisfy the econometrics/statistics requirement with other course sequences.
STAT 510 – Probability
STAT 512 – Mathematical Statistics
STAT 520 – Applied Econometrics I
STAT 521 – Applied Econometrics II
STAT 550 – Mathematical Statistics
STAT 551 – Introduction to Linear Statistical Models
ECON 705 – Econometrics I
ECON 706 – Econometrics II
Finance (1 course)
FNCE 911 – Financial Economics
Students must pass all required courses with a grade of B- or better. Except for the accounting seminars, students with superior training may substitute higher level courses.
Additional graduate level courses commonly taken by accounting doctoral students include:
FNCE 912 – Financial Institutions
FNCE 921 – Introduction to Empirical Methods in Finance
FNCE 924 – Intertemporal Macroeconomics and Finance
FNCE 926 – Empirical Methods in Corporate Finance
FNCE 934 – Empirical Methods in Asset Pricing
BPUB 911 – Empirical Public Policy
ECON 708 – Agency, Information and Incentives
INSR 932 – Contract Theory and Applications
MKTG 966 – Measurement Data Analysis in Marketing
OPIM 912 – Introduction to Optimization