PhD in Accounting in USA is generally a 3-5 years full-time or part-time program. International students are required to carry an IELTS score: 6.5-7.5 and a TOEFL score: 79-110 for PhD in Accounting and Finance in USA. A minimum of 4 years of bachelors and 2 years of masters degrees with a minimum of 83-86% aggregate marks for PhD in Accounting in USA. Yale University, Massachusetts Institute of Technology, etc. are some of the top institutions offering PhD in Accounting in USA. Estimated tuition fees for studying PhD in Accounting in USA range from USD 17,799-58,467 (INR 14,69,786-48,28,023). An average payscale of an international graduate can go upto USD 98,000 (INR 80,92,536) after studying PhD in Accounting in USA. EY LLP, Deloitte, PwC, KPMG, JPMorgan Chase & Co., etc. are some of the top hiring organizations recruiting graduates completing PhD in Accounting in USA. Top USA universities offering a doctoral degree in Accounting comes with study areas like financial accounting, taxation, etc.

Why Study PhD in Accounting in USA?

A few considerable reasons for choosing USA as a study-abroad destination for studying PhD in Accounting in USA are as follows:

  • There are some of the best universities for doctoral degree in Accounting in USA
  • USA universities have some eminent teachers and scholars offering PhD in Accounting
  • USA is the home of lucrative job opportunities
  • The course PhD in Accounting in USA is also available online.
  • USA universities are the home of multicultural students from all across the world
  • The unemployment rate in the USA is less than 3.6%
  • International students can also opt for the course PhD in Accounting in USA at an affordable price

An overview of the course of PhD in Accounting in USA are:

Program Name PhD in Accounting in USA
Program Type Full-time or Part-time
Program Duration 3-5 years
Program Eligibility 4 years bachelors and 2 years masters degree with 83-86%(3.0 out of 4.0 GPA)
English Language Proficiency Scores Requirements IELTS: 6.5-7.5 TOEFL: 79-110
Tuition Cost USD 17,799-58,467 (INR 14,69,786-48,28,023)
Average Income USD 98,000 (INR 80,92,536)

Top Accounting Phd Programs in USA

Some of the popular areas of specialization of PhD in Accounting offered in USA universities include:

  • Financial Accounting
  • Managerial Accounting
  • Taxation
  • Auditing and Information Systems

Best Universities for PhD in Accounting in USA

A list of universities offering best Accounting PhD programs in the US:

University Program Tuition Fees
Massachusetts Institute of Technology PhD in Accounting USD 53,369 (INR 44,07,046)
Yale University PhD in Accounting USD 46,437 (INR 38,34,623)
University of California Los Angeles PhD in Accounting USD 31,516 (INR 26,02,493)
Stanford University PhD in Accounting USD 43,089 (INR 35,58,156)
Cornell University PhD in Accounting USD 29,500 (INR 24,36,018)
University of California Berkeley PhD in Accounting USD 37,308 (INR 30,80,778)
University of Chicago PhD in Accounting USD 77,841 (INR 64,27,868)

Admission Process for PhD in Accounting in USA

Some of the basic PhD in Accounting in USA requirements for admission procedure of an international student are as follows:

  • Shortlisting the universities according to budget.
  • New student account registration after visiting the respective university’s website.
  • Keeping an eye on the opening of application portals.
  • Completing the online application and paying the application fees 
  • Uploading the required documents in the university’s admission guidelines
  • Checking for the letter of acceptance from the University.
  • Confirmation letter of acceptance to reserve the seat.
  • Students must apply for an F-1 visa application after selection.

Application Deadlines of Universities Offering PhD in Accounting in USA

The application deadlines of some USA universities offering PhD in Accounting are as follows:

University Application Deadline
Massachusetts Institute of Technology December 1, 2023
Yale University December 15, 2023
University of California Los Angeles Fall 2023 deadline is closed, Fall 2024 application will start in August
Stanford University Fall 2023 deadline is closed, Fall 2024 application will start in September
Cornell University December 15, 2023
University of California Berkeley Fall 2023 deadline is closed, Fall 2024 application will start in September
University of Chicago March 15, 2023 (closed)

 Eligibility Requirements for Masters in Professional Accounting in USA

Masters in Professional Accounting in USA requirements for eligibility for international students are as follows:

  • A 4 years bachelors and 2 years masters degree in Accountancy or any other relevant field
  • A minimum of 3.0 GPA on a scale of 4.0 GPA which is equivalent to 83-86% marks.
  • GRE or GMAT scores (if required).
  • IELTS score range of 6.5-7.5
  • TOEFL score range of 79-110
  • Some USA universities may require 2-3 years of work experience for pursuing a doctoral degree.

Cutoff of Popular USA Universities Offering PhD in Accounting in USA

The cutoff of popular USA universities offering PhD in Accounting are as follows:

Universities Score Cutoff
Massachusetts Institute of Technology TOEFL: 90(iBT) 577(PBT)
IELTS: 7.0
Duolingo: 120
Yale University TOEFL: 100
IELTS: 7.0
Duolingo: 120
GMAT: 550
University of California Los Angeles IELTS: 7.0
TOEFL: 100
Duolingo: 120
Stanford University TOEFL: 100
IELTS: 7.0
Cornell University TOEFL: 100
IELTS: 7.5
PTE: 70
Duolingo: 120
GRE: Quantitative (165+), Verbal (155+), Analytical (3.5+)
University of California Berkeley TOEFL: 90
IELTS: 7.0
University of Chicago TOEFL: 104
IELTS: 7.0

Admission Documents Requirements for Pursuing PhD in Accounting in USA

Some of the basic document requirements for PhD in Accounting in USA for International students are:

  • Submission of admission application fee online.
  • Original academic transcripts.
  • Letters of Recommendation(LOR).
  • Statement of Purposes(SOP).
  • Personal statement.
  • Updated Resume.
  • SAT/ACT test scores
  • Original bank statements.
  • A valid passport copy
  • Scholarship documents

PhD in Accounting in USA Cost for Studying

An estimated cost for studying at a USA university for pursuing PhD in Accounting in USA are:

Type of Expenses Cost Breakdown
Accommodation USD 9,658 (INR 7,98,692)
Meals USD 5,424 (INR 4,48,551)
Transportation USD 1,200 (INR 99,237)
Health Insurance USD 500 (INR 41,348)
Other Expenses USD 2,000 (INR 1,65,395)

PhD in Accounting in USA Scholarships

The scholarships available for studying PhD in Accounting in USA are as follows:

Scholarships University/Organizations Eligibility Criteria Award Value
Academic Excellence Fellowship University of Pennsylvania Internationals MBA students with high GPA USD 10,000 (INR 8,25,769)
Satish and Yasmin Gupta College of Business Graduate Scholarship University of Dallas International students pursuing MBA or MS degree USD 1,000 (INR 82,576)
Inlaks Scholarship US Government International students with a minimum 65-70% aggregate marks USD 1,00,000 (INR 82,57,690)
AAUW International Fellowship US Government International women candidates studying masters and doctoral degree in USA USD 25,000-50,000 (INR 20,64,422-41,28,845)

PhD in Accounting in USA Salary

The salary-wise job profile of PhD in Accounting in USA are as follows:

Job Sectors Average Salary
Associate Professor USD 1,18,077 (INR 97,50,432)
Chief Financial Officer USD 1,65,246 (INR 136,45,502)
Corporate Controller USD 1,30,058 (INR 107,39,786)
Dean Business School USD 1,55,344 (INR 128,27,825)
Financial Controller USD 82,314 (INR 67,97,234)
Research Fellow USD 55,416 (INR 45,76,081)

Top Recruiters after Studying PhD in Accounting in USA

A list of top recruiters hiring international graduates studied PhD in Accounting in USA are as follows:

  • Ernst & Young
  • Google
  • Goldman Sachs
  • PwC
  • KPMG
  • Deloitte
  • Robert Half
  • BNY Mellon
  • Wells Fargo
  • JPMorgan Chase & Co.
  • Amazon
  • Confidential
  • YMCA
  • Siemens
  • McDonald’s
  • Boeing
  • Nike

Work Permit for Studying PhD in Accounting in USA

A list of documents required for availing PhD in Accounting in USA are as follows:

  • A passport with 6 months of warranty period
  • I-20 form
  • Acceptance letter of the university
  • Application fee payment
  • Two recent dated passport-sized photographs
  • Academic transcripts of previously attended schools and colleges
  • Bank statements
  • Return air ticket proof

ROI for the Top Colleges Offering PhD in Accounting in USA

The ROI for the top colleges offering PhD in Accounting in USAare as follows:

University Tuition Fees Average Salary ROI
Massachusetts Institute of Technology USD 53,369 (INR 44,07,046) USD 79,388 (INR 65,55,614) 148 percent
Yale University USD 46,437 (INR 38,34,623) USD 1,30,000 (INR 107,34,997) 279 percent
University of California Los Angeles USD 31,516 (INR 26,02,493) USD 70,343 (INR 58,08,706) 223 percent
Stanford University USD 43,089 (INR 35,58,156) USD 88,025 (INR 72,68,831) 204 percent

International candidates can check the above-mentioned fees structure, admission eligibility, and placements of PhD in Accounting in USA. As per QS World Ranking 2023, three USA universities ranked in the top 15.

FAQs

Ques. How much does a PhD in accounting pay in the US?

Ans. An estimated cost for studying PhD in Accounting in USA ranges from USD 17,799-58,467 (INR 14,69,786-48,28,023).

Ques. Can I get a PhD in Accounting in USA?

Ans. 4 years bachelors and 2 years masters degree with 83-86%(3.0 out of 4.0 GPA) for studying PhD in Accounting in USA.

Ques. How long is a PhD in Accounting in USA?

Ans. The duration of a PhD in Accounting degree is generally 4-6 years.

Ques. What is the scope after PhD in Accounting in the USA?

Ans. International students can get hired in Google, KPMG, etc. after studying PhD in Accounting in USA.