It’s not common for accounting professionals to pursue a PhD in accounting. Those who do so are probably trying to gain expertise in some particular niche or planning to further their career in the academic line. It certainly goes without saying that doing PhD accounting online is by far a more convenient and in most cases less expensive option than attending regular classes. There’s no need to quit one’s job or take too much time out of work to attain a PhD either. The crucial factor here is to keep up the discipline normally required in completing a course. Since there are little time constraints, there is a tendency for students to adopt a slack attitude in learning.
Check out the authenticity of the institution or university offering the PhD accounting online course. Take a careful look at the courses offered under their program and see how they will benefit your objective in future. It wouldn’t hurt to request a testimonial or two from their former students. Since a lot of money is going into the program, you need to get all possible information from whatever source available. Try asking your former professors in accounting if they know of any good institution offering online courses. Be wary of some fraudulent groups who assume the same names of popular universities with probably just a few minor changes in identity.
Do not fall for those schools whose PhD program seems easily attainable. It is a well known and accepted fact that any doctorate program requires intense research and study and a written dissertation is required before completion of the program. Check to see if all standard procedures are laid down in the program. The growth in one’s career after acquiring a PhD in accounting is indeed promising. Complex subjects like probability, optimization and statistics are rendered easier and you will be considered an authority on them. There will be a constant demand for your presence at conventions and symposiums of international standards. You can even have your own column in one of the several financial a course in miracles magazines; contribute your valuable opinion on financial issues etc.
Capital markets still remain a mystery to many with a constant need for professionals who can decipher the connection between accounting principles and stock market trends. A person who has done his PhD accounting online can no doubt provide meaningful and satisfying solutions. Another complex field always in demand for expert knowledge is the pragmatic structure of incentive systems which again can be dealt with by an expert in accountancy. As you proceed through the PhD accounting online course you will learn of the many ways to apply the basic as well as advanced concepts in finance, economics, statistics etc to a host of accounting issues. The best service you could do later on in life would be to compile all your research into a book and make it available for future student reference.