Accounting is a field that deals with developing information which is useful to managers, investors and other interested parties in evaluating an entity’s financial position. As a PhD student, you will directly measure how users interact with accounting numbers as well as provide theories for accounting practice in the areas of financial and managerial accounting.
An appropriate background in accounting, finance and mathematics is assumed. Students may take MBA-level elective courses as necessary to fulfill any coursework deficiencies.
The objective of this course is to familiarize students with foundational and mainstream research in information and capital markets. In the first part, the course covers the theory of asset pricing and methodology of empirical tests. In the second part, the course covers important studies on special topics in asset pricing. Students should have completed basic corporate, investment and econometric courses before taking this course.
Credits: 3
Semesters offered: Fall 2024
Fall 2024 (08/26/2024 - 12/09/2024)
| Reg. Num. | Section | Type | Topic | Days | Time | Location | Instructor |
| 16401 | F1F | SEM | W | 3:30 - 6:10 p.m. | Jacobs 318 | Wu, Chunchi |
"The course covers topics related to market microstructure, such as information asymmetry, liquidity, trading, and price efficiency. Course materials include path-breaking works in the past, recent developments in theories, and newly documented empirical evidence. The course will help equip students with the knowledge and methodological tools required to write scholarly articles that are potentially publishable in leading journals in finance and related fields."
Credits: 3
Semesters offered: Spring 2024
Spring 2024 (01/24/2024 - 05/07/2024)
| Reg. Num. | Section | Type | Topic | Days | Time | Location | Instructor |
| 22313 | S1F | SEM | R | 3:45 - 6:35 p.m. | Unknown | Unknown |
"The course covers topics related to market microstructure, such as information asymmetry, liquidity, trading, and price efficiency. Course materials include path-breaking works in the past, recent developments in theories, and newly documented empirical evidence. The course will help equip students with the knowledge and methodological tools required to write scholarly articles that are potentially publishable in leading journals in finance and related fields."
Credits: 3
Semesters offered: Spring 2024
Spring 2024 (01/24/2024 - 05/07/2024)
| Reg. Num. | Section | Type | Topic | Days | Time | Location | Instructor |
| 22313 | S1F | SEM | R | 3:45 - 6:35 p.m. | Unknown | Unknown |
The scope and objectives of corporate financial management are introduced along with the concept of the risk- return trade-off. The various sources of capital are discussed, along with their costs. Financial planning with special emphasis on the evaluation of capital projects is considered. The implications of the efficient market hypothesis are considered throughout the course.
Credits: variable
Semesters offered:
This course provides students with a general understanding of the operation of capital markets and basic analytical tools of investment management. Specifically, the course covers such topics as principles of valuation, risk analysis, modern portfolio theory, Capital Asset Pricing Model (CAPM), market microstructure, index models, arbitrage pricing models, bonds and common stocks valuation, efficient market hypotheses, investment management, and option pricing models.
Credits: 3
Semesters offered: Fall 2024 | Spring 2024
Students may not take MGF 633 if they have taken M
Fall 2024 (08/26/2024 - 12/09/2024)
| Reg. Num. | Section | Type | Topic | Days | Time | Location | Instructor |
| 21294 | F2F | LEC | W | 6:30 - 9:10 p.m. | Jacobs 122 | Brace, Michael | |
| 11453 | F1F | LEC | TR | 11 a.m. - 12:20 p.m. | Jacobs 110 | Brace, Michael |
Spring 2024 (01/24/2024 - 05/07/2024)
| Reg. Num. | Section | Type | Topic | Days | Time | Location | Instructor |
| 11166 | S1F | LEC | MW | 12:30 - 1:50 p.m. | Jacobs 112 | Chung, Kee Ho |
The following courses satisfy the core requirements in statistics (two courses) as well as the requirements for a minor in Economics (a grade point average of 3.0 is required in minor courses).
ECON 611 Mathematics for Economists I
ECON 613 Introduction to Econometric Theory
ECON 665 Microeconomic Theory I
Plus one course from the following:
ECON 614 Econometric Theory II
ECON 712 Econometrics: Time Series Analysis
ECON 731 Optimal Contract Theory
ECON 666 Microeconomic Theory II
MGO 797 Accounting workshops are required for one credit-hour.
Students who want an accounting minor are expected to have an appropriate introductory-level background in financial and management accounting. (MGA 604 or equivalent)
Minor requirements may be satisfied by taking either the financial or managerial track. Course requirements are:
This course focuses on the identification, analysis, and use of costs and other information to improve the competitiveness of business operations. The course takes a user orientation and focuses on issues important to managers for planning and decision making, economic evaluation of business activities, product costing, and performance evaluation and control. Emphasis is placed on the effects of advances in technology on the value of cost system information, the relevance and limitations of accounting data and use of non-financial information for internal decisions.
Credits: 3
Semesters offered:
Applications-based analysis of current management accounting topics, including revenue management, activity-based management, value chain analysis, capacity management, target costing, benchmarking, and the balanced scorecard. Emphasis is on case analyses and data analytics demonstrating the role of management accounting information in actual business decisions. A service learning project involving a community based nonprofit entity will be completed.
Credits: 3
Semesters offered: Spring 2024
Spring 2024 (01/24/2024 - 05/07/2024)
| Reg. Num. | Section | Type | Topic | Days | Time | Location | Instructor |
| 14392 | S1A | SEM | TR | 11 a.m. - 12:20 p.m. | Jacobs B32 | Gu, Feng |
MGA 795 Doctoral Seminar
Note: Substitutes may be used for doctoral seminar including independent study and supervised research.
No minor exam is required if the student achieves a 3.5 grade point average in minor courses.
Independent study can be useful to provide students with a detailed exposure to specialized topics in accounting. They can be used as substitutes for MGA 795 and 796 if either or both are not offered. Students are encouraged to undertake supervised research with faculty members with the objective of developing a publishable research paper.
With prior approval of the field advisor, a student must take three courses in an area of interest, such as finance, management science or management systems.
The Academy of Management Journal ranks our faculty among the most productive nationwide in the creation of real-world research. Our faculty publish in top accounting journals, including Journal of Accounting Research, Journal of Accounting and Economics and The Accounting Review. They actively engage with their students, often working jointly with them on various research projects.
In our research workshops, leading accounting researchers discuss their work with faculty and doctoral students. You will meet with the speakers and also have the opportunity to present your own research. In addition, the department will provide you with funding to facilitate your participation in accounting conferences.
Our many database subscriptions will facilitate your access to financial information (Compustat), stock prices (CRSP), analyst forecasts (IBES) and more.
As a doctoral student, you will have opportunities to work as a teaching assistant, recitation instructor and independent instructor in the classroom to hone your teaching skills.