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Doctor of Philososphy [Ph.D] (Accounting)
STEM Course
5 years
Full Time
On Campus
Field of Study:
$50,100/Yr
$50,100 /Yr
- Massachusetts Institute of Technology offers PhD in Accounting with a duration of 5 years.
- The program is full-time.
- It is delivered on-campus.
- This program has two years of coursework and approximately three years of research and writing of the dissertation.
- Students in the Accounting research group are expected to push beyond the boundaries of traditional accounting and incorporate a thorough knowledge of economics and finance in their work on contemporary issues in financial reporting, disclosure, and contracts using financial information.
- The accounting doctoral courses give students the opportunity to tap into recent faculty research and expertise on a wide range of topics that are of particular interest to accounting academics, practitioners, and standard-setters.
- MIT aim for a class size of just 19 students.
- PhD students in the Accounting Group benefit from the teaching, research, and mentorship of MIT Sloan’s world-renowned faculty.
- MIT’s Business School Ranks #5 according to USNews.
- According to TopUniversities MIT ranks#1.
- The average salary after this program goes upto 97,500 USD.
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Tuition Fees
| Year | 1st Year Fees |
|---|---|
| Tuition Fees | $50100 (USD 50100) |
Other Expenses
| Head | Avg Cost Per Year |
|---|---|
| Housing | $27600 (USD 27600) |
| Transportation | $3933 (USD 3933) |
| Food | $7947 (USD 7947) |
| Health Insurance | $3269 (USD 3269) |
| Total Cost | $42749 (USD 42749) |
Students receive full academic year tuition plus a monthly stipend of $3,810 for each of 12 months per year (annual total of $45,720).
Previous Year Tuition Fees
| Year | 1st Year Fees |
|---|---|
| 2022 | $50100 (USD 50100) |
Eligibility & Entry Requirement
Academic Eligibility:
- Students require a Bachelor's degree or equivalent.
- Students should have a strong quantitative background (the Accounting group requires calculus)
- Students need to have exposure to microeconomics and macroeconomics (the Accounting group requires microeconomics)
- Students should have at least a 3.5 GPA.
Indian Student Eligibility:
- The student has graduated from senior secondary school or equivalent (those applying for a postgraduate program must have graduated from a university or college).
- Students completed a bachelor's degree from an accredited institution with a grade point average of 3.5 or 60% in the final years of the program.
Submission of GRE scores is not compulsory for this program, however, it is recommended to submit the scores (minimum 300) for a better chance of admission.
Along with the minimum eligibility requirements, international students hailing from non-English speaking countries need to prove English proficiency through IELTS/TOEFL/any equivalent test to get admission to this program.
Scores Required
Required Document List
- Online Application: Students have to submit an online application form at the official website.
- Application Fee: Students need to submit their application fees.
- Statement of Purpose: Reasons or intentions for pursuing studies in this program, including a description of prior experience.
- Letters of Recommendation: Three letters of recommendation are required.
- Official GRE Test Scores: Students have to submit their GRE Test Scores.
- ELP Scores: Students have to submit their English language proficiency scores like IELTS, TOEFL, or other test scores.
Career and Placement after Course
Career opportunities are:
- Financial Analyst
- Accounting Professor
- Consultant
- Researcher
- Accountant Manager
Scholarship Grants & Financial Aids
| Name | Scholarship Per Student | Level of Study | Type | |
|---|---|---|---|---|
| Young Women in Public Affairs Award | Scholarship per student$ 4,000/Yr$4,000 | Level Of StudyBachelor | TypeMerit-Based | |
| Young Professionals Program | Scholarship per studentVariable Amount | Level Of StudyDoctorate | TypeMerit-Based | |
| Josephine de Karman Fellowship | Scholarship per student$ 25,000/Yr$25,000 | Level Of StudyDoctorate | TypeMerit-Based | |
| YouAreWelcomeHere Scholarships | Scholarship per studentVariable Amount | Level Of StudyApprenticeship | TypeTuition-Fee-Waiver | |
| Comindware Scholarship | Scholarship per student$ 4,000/Yr$4,000 | Level Of StudyApprenticeship | TypeMerit-Based | |
| Go Clean Scholarship | Scholarship per student$ 3,500/Yr$3,500 | Level Of StudyBachelor | TypeMerit-Based |
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Faculty, schools and campuses
MIT Sloan School of ManagementCambridge, Massachusetts
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Important Dates
| Program | Important Dates |
|---|---|
| M.B.A | Application Decision Deadline Round 2 (3rd Apr 2023) Application Deadline For 2024 Intake Round 3 (11th Apr 2023) Application Decision Deadline Round 3 (18th May 2023) |
| B.S Aerospace Engineering | Early Action Application Deadline For 2024 Intake (1st Nov 2023) Regular Action Application Deadline For 2024 Intake (5th Jan 2024) |
| M.S Electrical Engineering and Computer Science | Application Deadline For Fall Intake (15th Dec 2023) |
| M.Arch | Application Decision Deadline For Fall Intake (15th Apr 2023) |
| B.S Computer Science and Engineering | Early Action Application Deadline For 2024 Intake (1st Nov 2023) Regular Action Application Deadline For 2024 Intake (5th Jan 2024) |
| M.S Business Analytics | Final Decision Deadline For Fall Intake (7th Mar 2023) |
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