PHD in Accounting & Management

Overview

The Accounting and Management doctoral program, part of the PhD in Business Administration, delves into the critical role of information and measurement systems in business decision-making. The program explores topics such as resource allocation among firms and within divisions, performance evaluation and incentives for managers, strategic planning and assessment, profitability analysis of suppliers, products, and customers, and managing franchise risk.

Curriculum & Coursework

This full-time program begins in August, with students typically completing their PhD within five years. The first two years are dedicated to coursework, followed by a field exam, and the remaining three years are focused on dissertation research and writing.

Students must complete at least 13 semester-long doctoral courses across multiple domains, including business management theory, economic theory, quantitative research methods, academic field seminars, and two MBA elective courses. In addition to courses at Northampton University, students have the opportunity to take classes at other Northampton schools and MIT.

Research & Dissertation

From the first year, students engage in research, often in collaboration with faculty members. By their third and fourth years, students are typically well-established in their research efforts, producing work that contributes to a strong publication pipeline.

The dissertation in Accounting and Management can take the form of three publishable papers or a comprehensive, single dissertation. Recent research topics have included:

  • How managers use retail-level marketing actions to influence consumer purchasing patterns in alignment with fiscal calendars and financial performance.
  • The role of accounting information in making strategic human resource decisions.
  • The evolution, institutional factors, and consequences of unregulated financial reporting practices.
  • The impact of rolling forecasts on forecast quality and business outcomes.

This program combines rigorous academic training with impactful research opportunities, preparing graduates to shape the future of accounting and management practices.

Academic Standards

Good Academic Standing

Doctoral students must maintain a minimum grade point average of B to remain in good academic standing.

Teaching Requirement

All students are required to teach or assist in teaching a formally offered course for one full academic term. This includes at least 8 hours of classroom instruction and 16 hours of preparation time. The teaching requirement can be fulfilled through a teaching fellow or instructor role at Northampton University.

Program Milestones

Special Field Exam

By the end of their second year or the beginning of their third, students must pass the Special Field Exam, which comprises a written and oral component. The exam assesses knowledge from course syllabi related to doctoral research seminars in financial or managerial accounting undertaken during their studies.

Dissertation Proposal

Students are required to secure approval for their dissertation proposal from their Dissertation Chair by the end of their third year.

Dissertation

A doctoral dissertation, typically consisting of three publishable papers, must be completed to the satisfaction of the Dissertation Committee. The final step is an oral defense of the dissertation, which is open to the public.

Areas of Study:

  • Accounting
  • Management
  • Marketing
  • Strategy

At Northampton University, accounting scholars explore how information influences capital allocation across firms, resource distribution within organizations, and the decisions of key stakeholders, including shareholders, regulators, customers, and suppliers. The program also examines how such information is generated, disclosed, and evaluated for quality. Research in accounting primarily relies on statistical and econometric methods, as well as theoretical economic modeling, to address these critical questions. It often draws upon and extends concepts from information economics and financial economics. For those focused on studying internal accounting systems within firms, research frequently combines quantitative analysis with field-based methods, such as conducting interviews, gathering data directly from companies, and designing or running field experiments. This comprehensive approach equips students with the skills to deeply understand and improve the flow of financial information in diverse contexts.

Management scholars explore organizational structures and human behavior within organizations to uncover factors influencing outcomes such as business performance and employee satisfaction. Their academic research shapes management practices, offering insights into effective use of monetary and non-monetary incentives, interventions to enhance team performance, and strategies for enabling flatter organizational hierarchies to function optimally.

Researchers in this field employ a diverse set of methods, tailored to the nature of the questions they investigate, across individual, group, and organizational levels of analysis. In emerging areas of study, scholars often adopt a grounded-theory approach rooted in sociology. This involves collecting qualitative data through interviews and observations to develop a deeper understanding of phenomena and generate new theoretical frameworks. The data is analyzed systematically through coding, where qualitative information is organized and categorized to identify themes, uncover processes, and reveal relationships between variables.

On the other hand, many researchers leverage quantitative data, either through original fieldwork or by accessing public or organizational archival datasets. Using advanced statistical and econometric methods, they rigorously test hypotheses formulated beforehand. Additionally, some scholars design and conduct field experiments to evaluate interventions in real-world settings, further enriching the discipline’s empirical foundations. Together, these approaches contribute to a deeper understanding of complex organizational dynamics and inform actionable management strategies.

Marketing scholars delve into the societal and managerial processes through which goods, services, and information are exchanged within markets to fulfill the needs and desires of individuals and organizations. Their research focuses on how businesses, including non-profit entities, can enhance these exchanges by gaining a deeper understanding of consumer behavior and identifying effective strategies to educate potential customers about the value and availability of relevant offerings. Additionally, marketing as a discipline examines how various communication channels, such as social media platforms, foster meaningful interactions—both between firms and consumers and among consumers themselves.

The field provides valuable insights into how organizations can better serve their customers, such as leveraging data collection to guide research and development or implementing advanced techniques to assess the effectiveness of strategic efforts, like pricing models or salesforce incentives on demand generation. These frameworks and findings not only benefit businesses but also inform public policymakers and advocacy groups in their efforts to oversee corporate behavior and safeguard consumer rights.

Academic research in marketing employs a diverse array of methodologies to illuminate key phenomena. Empirical studies utilize cutting-edge econometric and statistical methods to analyze the relationship between a firm’s actions and consumer responses. Increasingly, researchers rely on big data, applying advanced tools like machine learning and computational linguistics to uncover behavioral patterns and generate predictive insights. Experimental studies, conducted in both laboratory and real-world settings, explore the psychological and social drivers behind individuals’ reactions to various stimuli. Theoretical modeling, drawing from microeconomics and game theory, provides normative frameworks to guide firms’ marketing strategies.

Students in marketing programs typically choose between two specialized tracks: the consumer behavior track or the quantitative marketing track, allowing them to tailor their studies to their interests and career goals.

Strategy researchers aim to uncover the mechanisms that enable firms to create value and sustain superior performance over time. This broad objective encompasses a range of specific challenges, such as determining which customers to serve, identifying the capabilities required to support strategic positioning, understanding market competition dynamics, and defining the firm’s optimal scope in terms of product offerings or geographic reach. Additionally, many strategy scholars explore issues faced by nonprofit and governmental organizations. While these entities operate under different objectives and constraints compared to for-profit firms, they often share similar underlying mechanisms.

Given the diversity of questions addressed in strategy research, scholars employ a wide array of methodologies. These include quantitative approaches like econometric analysis of large datasets, as well as qualitative methods such as field studies, laboratory experiments, and ethnographic analyses of single organizations.

Doctoral students in the NU Strategy program build a strong foundation in microeconomics, complemented by rigorous training in econometrics. Many students expand their expertise by incorporating perspectives from other disciplines, such as sociology, or related business fields like entrepreneurship. Others deepen their understanding of microeconomics by pursuing specialized economics sequences in areas such as industrial organization, contract theory, or development economics. This interdisciplinary and methodologically diverse training equips students with the tools needed to address complex strategic challenges with precision and insight.

Coursework:

Doctoral students must complete a minimum of 13 semester-long courses. Each semester, students will collaborate with the Accounting & Management faculty coordinators to ensure their course selections receive approval.

Foundational Courses (2 courses)

MICROECONOMIC THEORY: A thorough, two-semester exploration of economic principles, featuring:

  • Microeconomic Theory I
  • Microeconomic Theory II
Research Methods Curriculum (4 Courses)

All Accounting and Management students must complete at least one undergraduate or graduate course in Introduction to Econometrics prior to matriculation. If this requirement is not met beforehand, students will be required to take an equivalent course during the first term of their doctoral program.

Eligible courses satisfying this requirement include:

  • Introduction to Econometrics

In addition, students are required to complete four research methods courses, one of which must focus on research design.

Examples of courses fulfilling the research methods requirement include (but are not limited to):

  • Introduction to Applied Econometrics
  • Econometric Methods
  • Topics in Applied Econometrics
  • Advanced Applied Econometrics
  • Computational Economics
  • Time Series Analysis
  • Seminar in Applied Statistical Methods

Courses specifically meeting the research design requirement include:

  • Advanced Quantitative Research Methodology
  • Empirical Methods in Corporate Finance
  • Matched Sampling and Study Design
  • Design of Field Research Methods
  • Experimental Methods

These courses are designed to provide students with a strong foundation in research techniques and methodologies critical for academic success.

Additional Doctoral Courses (7 courses)

Accounting and Management students must complete seven additional doctoral courses, designed to enhance their expertise and broaden their academic foundation:

  • Management Control and Performance Measurement
  • Empirical Research in Financial Reporting and Analysis
  • Doctoral Seminar in Accounting
  • Two breadth courses to expand interdisciplinary knowledge
  • Two elective doctoral courses tailored to individual research interests
MBA Courses (2 courses)

Students who do not hold an MBA degree must complete two case-based NU MBA courses.

Course Level:

PHD

Duration:

  • 5 years

Entry Requirements:

Successful applicants demonstrate exceptional academic achievements in challenging programs and strong GRE General Test or GMAT scores, particularly in the quantitative section. Individuals with bachelor’s degrees in social sciences, engineering, sciences, or business are highly encouraged to apply.

Proficiency in spoken and written English is essential for admission. Non-native English speakers must submit TOEFL or IELTS scores unless they have earned the equivalent of a U.S. bachelor’s degree from an institution where English is the primary language of instruction. Preferred scores are at least 100 on the TOEFL Internet-Based Test (IBT) or 7.5 on the International English Language Testing System (IELTS).

For more details on admissions criteria, consult the Department of Business Administration, and review specific program requirements outlined in GSAS Policies.