Northwestern University

Overview

The PhD in Accounting Information and Management at Northwestern University equips scholars with the skills to investigate the production, communication, and utilization of accounting information within organizations, contracts, and capital markets. This program emphasizes both empirical/archival and analytical/theoretical research methodologies, providing students with early opportunities to engage in faculty-led research initiatives.

What you'll study

Students will delve into a variety of topics related to the application and implications of accounting information, including:

• Internal decision-making processes, performance evaluation, and incentives within organizations
• Contractual relationships between firms and both internal and external stakeholders
• The functioning of capital markets, focusing on information aggregation and pricing mechanisms
• The informational needs and behaviors of stakeholders and potential investors

Typical doctoral progression includes:

• Foundational coursework: Comprehensive training in economics, econometrics, and core accounting principles to underpin both empirical and theoretical research.
• Research methods development: Instruction in empirical/archival techniques (e.g., data handling, identification, econometric methods) and analytical/theoretical approaches (e.g., modeling and formal reasoning).
• Seminars and research workshops: Active participation in departmental seminars and discussions to refine research inquiries and methodologies.
• Dissertation research: Development of a dissertation based on original research, culminating in the successful completion of dissertation milestones and defense.

Research collaboration: Collaboration with faculty and fellow PhD students is integral to the program experience and can begin as early as the first year.

Entry requirements

• Standardized tests: GRE and/or GMAT scores are required for application.
• English language proficiency: Proficiency demonstrated through TOEFL iBT or IELTS scores.
• Academic background: A strong quantitative and analytical foundation is essential for success in doctoral studies in accounting and related research areas.
• Application documents: Candidates must submit a Statement of Purpose, academic transcripts, a resume/CV, letters of recommendation, and required standardized test scores.

Career prospects

Graduates of the PhD program are well-prepared for academic positions in universities, research institutions, and policy-making organizations. They may also pursue careers in consulting, financial analysis, and corporate governance, leveraging their expertise in accounting information and management to influence business practices and decision-making processes.