Programmes

MPhil/PhD Accounting

  • Graduate research
  • Department of Accounting
  • Application code N4ZB (track 1), N4ZD (track 2)
  • Starting 2018

The Department of Accounting offers a PhD programme that has received recognition from the Economic and Social Research Council (ESRC). This programme offers two tracks which provide comprehensive training in different approaches to research in accounting.

Track 1 is devoted to the study of interrelationships between accounting, organisations and institutions. Track 2 primarily examines accounting and financial reporting issues from an economics perspective. To be considered for admission, you should have a substantial academic background in accounting or a cognate area (for example, sociology and economic history for track 1, or economics and quantitative methods for track 2).

The Department has a very strong research culture that includes an active seminar programme and a programme of distinguished visitors. It also has close links with the Centre for Analysis of Risk and Regulation (CARR). Doctoral students become members of an integrated community of researchers, interacting and working with some of the leading academics in Accounting. 

Doctoral students are encouraged, at an early stage in their research training, to participate in appropriate international workshops and colloquia. You will be encouraged to present your work at, or attend, conferences relevant to your area of research. You will also be offered the opportunity to gain teaching experience, with appropriate training, in a way that is complementary to your research and enables you to acquire transferable skills in areas such as communication, understanding and explaining issues and ideas, organisation, prioritisation, teamwork and leadership.

Graduates from the Department’s doctoral programme have successfully secured positions with renowned academic institutions.

Programme details

Key facts


MPhil/PhD Accounting
Start date 27 September 2018 (Track 2 students are required to begin pre-sessional course in August)
Application deadline 14 June 2018. However please note the funding deadlines
Duration Three-four years (minimum 2) full-time
Availability UK/EU: Open
Overseas: Open
Tuition fee UK/EU: £4,299 for the first year (provisional)
Overseas £17,904 for the first year
Financial support LSE PhD Studentships (deadlines 8 January 2018 and 26 April 2018)
ESRC funding (deadline 8 January 2018)
Minimum entry requirement Merit in a taught master’s degree in a relevant discipline
GRE/GMAT requirement None
English language requirements Research (see 'assessing your application')
Location  Houghton Street, London

For more information about tuition fees and entry requirements, see the fees and funding and assessing your application sections.

Programme structure and courses

The courses you take and the research you will conduct depends on which of the two tracks you are registered in.

Track One
This track is devoted to the study of interrelationships between accounting, organisations and institutions.

Track Two 
This track primarily examines accounting and financial reporting issues from an economics perspective.

Track One

As well as the taught courses you will take, you are required to gain teaching experience with appropriate training in years two and three. 

In addition to progressing with your research, either in your first and/or in your second year, you are expected to take appropriate training and skills courses, including one examined methodology course. You may take courses in addition to those listed and you should discuss this with your supervisor.

First year

Accounting, Organisations and Society
Focuses on the institutional and organisational context of accounting practices in their broadest sense. Seminars are generally based on key readings at the interface between accounting, organisation studies, regulation and management. 

Foundations in Accounting, Organisations and Institutions
Emphasises the inter-relations between technical, organisational and institutional issues. While some technical accounting knowledge will be helpful, it is not essential and each lecture will provide the necessary technical foundations.

Department of Accounting Research Forums (ARFs)

Accounting, Organisations and Institutions Research Seminars and Workshops 

Second year

Accounting, Organisations and Society

Department of Accounting Research Forums (ARFs)

Accounting, Organisations and Institutions Research Seminars and Workshops

Third year

Accounting, Organisations and Society

Department of Accounting Research Forums (ARFs)

Accounting, Organisations and Institutions Research Seminars and Workshops.

Fourth year

Accounting, Organisations and Society

Department of Accounting Research Forums (ARFs)

Accounting, Organisations and Institutions Research Seminars and Workshops.

Track Two

As well as the taught courses you take, you are required to gain teaching experience with appropriate training in years two and three.

In addition to progressing with your research, either in your first and/or in your second year you are expected to take appropriate training and transferable skills courses, including appropriate methodological training. You may take courses in addition to those listed, and should discuss this with your supervisor.

First year

Introductory Course in Mathematics and Statistics
This pre-sessional course starts in August and is compulsory. 

Empirical Financial Accounting and Capital Markets
Focuses on studying accounting and financial reporting issues from an economics perspective. 

Department of Accounting Research Forums (ARFs)

Empirical Financial Accounting Research Seminars and Workshops

Second year

Empirical Financial Accounting and Capital Markets

Department of Accounting Research Forums (ARFs)

Empirical Financial Accounting Research Seminars and Workshops

Third year

Empirical Financial Accounting and Capital Markets

Department of Accounting Research Forums (ARFs)

Accounting, Organisations and Institutions Research Seminars and Workshops

Fourth year

Empirical Financial Accounting and Capital Markets

Department of Accounting Research Forums (ARFs)

Empirical Financial Accounting Research Seminars and Workshops

You can find the most up-to-date list of optional courses in the Programme Regulations section of the current School Calendar. 

You must note however that while care has been taken to ensure that this information is up to date and correct, a change of circumstances since publication may cause the School to change, suspend or withdraw a course or programme of study, or change the fees that apply to it. The School will always notify the affected parties as early as practicably possible and propose any viable and relevant alternative options. Note that the School will neither be liable for information that after publication becomes inaccurate or irrelevant, nor for changing, suspending or withdrawing a course or programme of study due to events outside of its control, which includes but is not limited to a lack of demand for a course or programme of study, industrial action, fire, flood or other environmental or physical damage to premises. 

You must also note that places are limited on some courses and/or subject to specific entry requirements. The School cannot therefore guarantee you a place. Please note that changes to programmes and courses can sometimes occur after you have accepted your offer of a place. These changes are normally made in light of developments in the discipline or path-breaking research, or on the basis of student feedback. Changes can take the form of altered course content, teaching formats or assessment modes. Any such changes are intended to enhance the student learning experience. You should visit the School’s Calendar, or contact the relevant academic department, for information on the availability and/or content of courses and programmes of study. Certain substantive changes will be listed on the updated graduate course and programme information page.

Supervision, progression and assessment

Supervision

You will be assigned a principal and secondary supervisor whose research interests will be a close fit to your own. Usually, because of the close relationship between the supervisor and their subject area, you will be able to develop a solid intellectual relationship with an experienced researcher who is directly engaged with, and interested in, your research progress. The direction and guidance you are given occurs through frequent student/supervisor meetings and reviews, as well as discussions of relevant academic issues during seminar presentations by faculty and visiting academics. 

Progression and assessment

In each year of the programme, you are required to do a presentation in a seminar attended by fellow students, supervisors and other members of faculty. This provides a source of academic feedback on your work and helps to develop your presentation skills. 

You will initially be registered for the MPhil. In order to progress to PhD registration, you must have achieved a pass mark of at least 65 per cent in your taught course exams, and have made satisfactory progress in your research, which normally is understood to mean a solid draft of one complete chapter, plus a detailed outline for the rest of the dissertation with abstracts for each proposed chapter. Recommendations for upgrading to PhD will be based on the quality of the submitted work, feasibility of the proposed timeline for completion and your performance during the upgrade presentation.

More about progression requirements

Student stories

Thiago Neto

MPhil/PhD Accounting
Brasilia, Brazil

Thiago-Neto-170x230

LSE has a fairly unique, interdisciplinary approach to Accounting. We are encouraged to engage with a broad range of literature. Research facilities at the School are amazing. I have my own computer, desk and shelves in a room that I share with just one person, and the LSE Library has got everything that I need - access to electronic journals is particularly worth mentioning. 

There is also superb interaction with other educational and professional institutions. PhD candidates are really involved in departmental life, and we are offered the opportunity to be teaching assistants. This is great experience and helps me to enhance links between my research and day-to-day subjects. The Department provides brilliant support, from my supervisor to other lecturers to the administration team, and the LSE Careers Service, IT Services and the Teaching and Learning Centre are also helpful.

Careers

Students who successfully complete the programme often embark on an academic career. First placements of graduates from the PhD Programme include:

  • Copenhagen Business School
  • Harvard Business School
  • Imperial College London
  • King’s College London
  • London School of Economics and Political Science
  • University College Cork
  • University of North Carolina Chapel Hill

Further information on graduate destinations for this programme

Support for your career

Many leading organisations give careers presentations at the School during the year, and LSE Careers has a wide range of resources available to assist students in their job search. Find out more about the support available to students through LSE Careers

Assessing your application

We welcome applications for research programmes that complement the academic interests of members of staff at the School, and we recommend that you investigate staff research interests before applying.

See the LSE Experts Directory for more information

We carefully consider each application on an individual basis, taking into account all the information presented on your application form, including your:

- academic achievement (including existing and pending qualifications)
- personal statement
- references
- CV
- outline research proposal
- sample of written work

See further information on supporting documents

You may also have to provide evidence of your English proficiency. You do not need to provide this at the time of your application to LSE, but we recommend that you do. See our English language requirements.

When to apply

The application deadline for this programme is 14 June 2018. However to be considered for any LSE funding opportunity, you must have submitted your application and all supporting documents by the funding deadline. See the fees and funding section for more details.

Minimum entry requirements for MPhil/PhD Accounting

The minimum entry requirement for this programme is a merit in a taught master's degree (or equivalent) in a relevant discipline.

Competition for places at the School is high. This means that even if you meet our minimum entry requirement, this does not guarantee you an offer of admission. 

See international entry requirements

Fees and funding

Every research student is charged a fee for their programme. The fee covers registration and examination fees payable to the School, lectures, classes and individual supervision, lectures given at other colleges under intercollegiate arrangements and, under current arrangements, membership of the Students' Union. It does not cover living costs or travel or fieldwork.

Tuition fees 2018/19 for MPhil/PhD Accounting

UK/EU students: £4,299 for the first year (provisional)
Overseas students £17,904 for the first year

The fee is likely to rise over subsequent years of the programme. The School charges UK/EU research students in line with the level of fee that the Research Councils recommend. The fees for overseas students are likely to rise in line with the assumed percentage increase in pay costs (ie, 4 per cent per annum).

Fee status

The amount of tuition fees you will need to pay, and any financial support you are eligible for, will depend on whether you are classified as a home (UK/EU) or overseas student, otherwise known as your fee status. LSE assesses your fee status based on guidelines provided by the Department of Education.

Further information

Fees and funding opportunities

Scholarships, studentships and other funding

The School recognises that the cost of living in London may be higher than in your home town or country, and we provide over £11.5 million in scholarships each year to gradaute students from the UK, the EU and outside the EU.

This programme is eligible for LSE PhD Studentships, and Economic and Social Research Council (ESRC) funding. Selection for the PhD Studentships and ESRC funding is based on receipt of an application for a place – including all ancillary documents, before the funding deadline.  

Funding deadline for first round of LSE PhD Studentships and ESRC funding: 8 January 2018.
Funding deadline for the second round of LSE PhD Studentships: 26 April 2018.

In addition to our needs-based awards, LSE also makes available scholarships for students from specific regions of the world and awards for students studying specific subject areas.

Check the latest information about scholarship opportunities

External funding 

There may be other funding opportunities available through other organisations or governments and we recommend you investigate these options as well.

Find out more about external funding opportunities.

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