Browser does not support script.
- Undergraduate
- Executive education
- Study Abroad
- Summer schools
- Online certificate courses
- International students
- Meet, visit and discover LSE
MRes/PhD Accounting (Accounting, Organisations and Institutions)
- Graduate research
- Department of Accounting
- Application code N2ZD (AOI track)
- Starting 2024
- Home full-time: Open
- Overseas full-time: Open
- Location: Houghton Street, London
The Department of Accounting at LSE is one of the leading groups in the world for teaching and research on the economic, institutional and organisational aspects of accounting and financial management. Our PhD programme provides rigorous academic training aimed at preparing students to undertake research of the highest international standards.
You will benefit from a truly international and interdisciplinary environment. You will have access to a wide range of taught courses and research seminars across different departments and research centres within the School. You will work closely with faculty in the Department throughout the programme, and you will interact with leading scholars from other universities thanks to our active external workshop series. All students admitted to the programme are fully funded, and financial assistance is also available for you to present your work at conferences.
You will be expected to complete the programme within five years. In the first two years, you will take a set of core and elective courses in accounting and related fields and complete a research paper. After the second year, you will focus on your PhD thesis.
Our programme is structured in two tracks: The Accounting, Organisations and Institutions (AOI) track, which is devoted to the study of interrelationships between accounting, organisations and institutions, and the Economics of Accounting (EoA) track , which primarily examines accounting and financial reporting issues from an economics perspective. Below you find more information about the AOI track. For information about the EoA track please click here .
Research in the AOI track is mainly qualitative in approach, focusing on the accounting process within and across organizations. Our intention is that your chosen topic will involve the investigation of how accounting practices are shaped by their institutional contexts, have behavioural consequences and can be vehicles for operationalising different values. Efforts to design internal and external accounting practices are both a function of specific economic and political interests, but are also shaped by social and political aspirations. Research in this track can potentially embrace a wide variety of accounting areas, such as studies in management accounting and organisational control processes, analyses of the impact of new accounting systems in the private and public sector, event-based work on transformations of auditing and risk regulation regimes, historical studies of accounting, as well as broader contributions to social theory.
Faculty supervising students in the AOI track have close links with LSE’s Centre for Analysis of Risk and Regulation (CARR).
Programme details
For more information about tuition fees and entry requirements, see the fees and funding and assessing your application sections.
Entry requirements
Minimum entry requirements for mres/phd accounting aoi track.
To be considered for admission, you should have a substantial academic background in accounting or a cognate area (for example, economic sociology, organisation studies or economic history).
Students are normally required to have prior training at master’s level. We may exceptionally accept students with outstanding performance in their undergraduate degree.
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.
If you have studied or are studying outside of the UK then have a look at our Information for International Students to find out the entry requirements that apply to you.
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.
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) - statement of academic purpose - 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 23 May 2024 . 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.
Fees and funding
Every research student is charged a fee in line with the fee structure 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 2024/25 for MRes/PhD Accounting (Accounting, Organisations and Institutions)
Home students: £4,829 for the first year (provisional) Overseas students: £22,632 for the first year
The fee is likely to rise over subsequent years of the programme. The School charges home 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).
The Table of Fees shows the latest tuition amounts for all programmes offered by the School.
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 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 about fee status classification.
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 generous scholarships each year to home and overseas students.
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: 15 January 2024 The deadline for the second round of LSE PhD Studentships: 25 April 2024
The Department of Accounting may also offer departmental scholarships.
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. Find out more about financial support.
External funding
There may be other funding opportunities available through other organisations or governments and we recommend you investigate these options as well.
Further information
Fees and funding opportunities
Information for international students
LSE is an international community, with over 140 nationalities represented amongst its student body. We celebrate this diversity through everything we do.
If you are applying to LSE from outside of the UK then take a look at our Information for International students .
1) Take a note of the UK qualifications we require for your programme of interest (found in the ‘Entry requirements’ section of this page).
2) Go to the International Students section of our website.
3) Select your country.
4) Select ‘Graduate entry requirements’ and scroll until you arrive at the information about your local/national qualification. Compare the stated UK entry requirements listed on this page with the local/national entry requirement listed on your country specific page.
Programme structure and courses
A PhD in Accounting from LSE consists of six coursework units, completed over two years, followed by a thesis which is usually expected to take a further three years.
Accounting, Organisations and Institutions (AOI) Track
This track is devoted to the study of interrelationships between accounting, organisations and institutions.
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.
You will also be required to take a number of courses in Methodology.
Fundamentals of Social Science Research Design Explores design considerations and options across quantitative and qualitative research, including issues of data quality, analysis, reporting and reproducibility. At the end of the course, you will be able to read a wide variety of empirical social science with a critical and balanced perspective and you will be better equipped to implement and make arguments defending the methods you use in your research.
Qualitative Research Methods (or equivalent with permission) Presents the fundamentals of qualitative research methods. It prepares you to design, carry out, report, read and evaluate qualitative research projects.
Introduction to Quantitative Analysis (or equivalent with permission) An intensive introduction to quantitative data analysis in the social sciences.
Depending on the previous methods training you have undertaken, you will be allowed to replace one or all of the above listed methods courses with more advanced courses.
In addition, you will be required to complete elective courses to the value of 1.0 unit in relevant fields, e.g.:
- The Sociology of Markets (0.5)
- History of Economics: Making Political Economy into a Social Science (0.5)
- History of Economics: Ideas, Policy and Performativity (0.5)
- Monetary and Financial History (1.0)
- The Long-Run Analysis of Firms and Industries (0.5)
Or any other graduate- or research-level course available in the School with permission.
Further training and transferable skills courses:
Topics in Accounting Research (AOI) 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. This course is not examined in the first year, but you are required to attend. The course is examined in the second year.
Department of Accounting Research Forums (ARFs) Accounting, Organisations and Institutions (AOI) Research Seminars and Workshops
Second year
Topics in Accounting Research (AOI)
Research Paper in Accounting A research paper of between 6,000 and 8,000 words, related to your designated major field, to be submitted at the end of August of the second year.
You will also be required to complete elective courses to the value of 1.0 unit in relevant fields, including more specialised methods training if not taken above, e.g.:
- Doing Ethnography (0.5)
- Qualitative Text and Discourse Analysis (0.5)
Accounting Work in Progress Seminars This is a non-examined course which all PhD students in Accounting (AOI and EoA tracks) are required to take from Year 2 onwards. You present your work in progress to fellow students and faculty, including drafts/outlines of your Year 2 research paper, and ongoing PhD work thereafter.
Department of Accounting Research Forums (ARFs) Accounting, Organisations and Institutions (AOI) Research Seminars and Workshops
PhD programme
After meeting the progression requirements, you progress to PhD registration and begin to work on your thesis. You will continue to attend the following seminars and workshops:
Topics in Accounting Research (AOI) Accounting Work in Progress Seminars Department of Accounting Research Forums (ARFs) Accounting, Organisations and Institutions (AOI) 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.
Successful applicants will be assigned two supervisors, a principal and secondary supervisor at the start of the programme.
During the MRes period you will have the opportunity to meet and discuss your research interests with a range of faculty members to help ensure you have the right fit with your supervisors for your PhD. This is designed to expose you to various faculty members within the academic group on a rotation basis and also to provide a more integrated experience where you will have the chance to develop your ideas with junior faculty.
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
Throughout your PhD, progression is monitored via bi-annual progress reviews by the departmental Research Student Assessment Review Committee. The Committee meets each year in January to assess your mid-year progress and in June to assess your end-of-year progress and make decisions on continued registration/de-registration.
During your second year of your PhD, you will undergo a ‘mid-term review’. As part of the mid-term review, you have to submit a solid draft of one complete core chapter, a less developed draft of one further core chapter, as well as a detailed outline for the rest of the PhD thesis with a timeline for completion. You will be provided with an opportunity to defend your submitted written materials orally. The materials will be reviewed by a Departmental Review Committee which will consist of the supervisory team and one internal reviewer drawn from the Department, who has not been involved in your supervision. You need to pass the ‘mid-term review’ to progress to the third year of your PhD studies.
Your final award will be determined by the completion of an original research thesis and a viva oral examination.
More about progression requirements
Student support and resources
We’re here to help and support you throughout your time at LSE, whether you need help with your academic studies, support with your welfare and wellbeing or simply to develop on a personal and professional level.
Whatever your query, big or small, there are a range of people you can speak to who will be happy to help.
Department librarians – they will be able to help you navigate the library and maximise its resources during your studies.
Accommodation service – they can offer advice on living in halls and offer guidance on private accommodation related queries.
Class teachers and seminar leaders – they will be able to assist with queries relating to specific courses.
Disability and Wellbeing Service – they are experts in long-term health conditions, sensory impairments, mental health and specific learning difficulties. They offer confidential and free services such as student counselling, a peer support scheme and arranging exam adjustments. They run groups and workshops.
IT help – support is available 24 hours a day to assist with all your technology queries.
LSE Faith Centre – this is home to LSE's diverse religious activities and transformational interfaith leadership programmes, as well as a space for worship, prayer and quiet reflection. It includes Islamic prayer rooms and a main space for worship. It is also a space for wellbeing classes on campus and is open to all students and staff from all faiths and none.
Language Centre – the Centre specialises in offering language courses targeted to the needs of students and practitioners in the social sciences. We offer pre-course English for Academic Purposes programmes; English language support during your studies; modern language courses in nine languages; proofreading, translation and document authentication; and language learning community activities.
LSE Careers – with the help of LSE Careers, you can make the most of the opportunities that London has to offer. Whatever your career plans, LSE Careers will work with you, connecting you to opportunities and experiences from internships and volunteering to networking events and employer and alumni insights.
LSE Library – founded in 1896, the British Library of Political and Economic Science is the major international library of the social sciences. It stays open late, has lots of excellent resources and is a great place to study. As an LSE student, you’ll have access to a number of other academic libraries in Greater London and nationwide.
LSE LIFE – this is where you should go to develop skills you’ll use as a student and beyond. The centre runs talks and workshops on skills you’ll find useful in the classroom; offers one-to-one sessions with study advisers who can help you with reading, making notes, writing, research and exam revision; and provides drop-in sessions for academic and personal support. (See ‘Teaching and assessment’).
LSE Students’ Union (LSESU) – they offer academic, personal and financial advice and funding.
PhD Academy – this is available for PhD students, wherever they are, to take part in interdisciplinary events and other professional development activities and access all the services related to their registration.
Sardinia House Dental Practice – this offers discounted private dental services to LSE students.
St Philips Medical Centre – based in Pethwick-Lawrence House, the Centre provides NHS Primary Care services to registered patients.
Student Services Centre – our staff here can answer general queries and can point you in the direction of other LSE services.
Student advisers – we have a Deputy Head of Student Services (Advice and Policy) and an Adviser to Women Students who can help with academic and pastoral matters.
Student life
As a student at LSE you’ll be based at our central London campus. Find out what our campus and London have to offer you on academic, social and career perspective.
Student societies and activities
Your time at LSE is not just about studying, there are plenty of ways to get involved in extracurricular activities . From joining one of over 200 societies, or starting your own society, to volunteering for a local charity, or attending a public lecture by a world-leading figure, there is a lot to choose from.
The campus
LSE is based on one campus in the centre of London. Despite the busy feel of the surrounding area, many of the streets around campus are pedestrianised, meaning the campus feels like a real community.
Life in London
London is an exciting, vibrant and colourful city. It's also an academic city, with more than 400,000 university students. Whatever your interests or appetite you will find something to suit your palate and pocket in this truly international capital. Make the most of career opportunities and social activities, theatre, museums, music and more.
Want to find out more? Read why we think London is a fantastic student city , find out about key sights, places and experiences for new Londoners . Don't fear, London doesn't have to be super expensive: hear about London on a budget .
Student stories
Nadine de gannes (2018, ivey business school).
The PhD journey for me was one of discovery. Personally, I unearthed the depths of my work ethic and perseverance. In focusing intently upon a particular area of study and questioning what was known and puzzling over what remained unknown, I discovered the types of questions I wanted to ask, and how I wanted to go about finding the answers. Both methodology and methods training are central pillars in doctoral research, and the Department of Accounting enabled these in spades. I was never left wanting for opportunities to enhance skills that were critical to the successful completion of my thesis. There was also no shortage of outstanding academics to challenge and inspire critical thinking and discussion. The PhD was not an easy road, but undoubtedly one that I believe was worthwhile.
Take a look at the department webpages for further student stories .
Students who successfully complete the programme often embark on an academic career.
Further information on graduate destinations for this programme
Support for your career
Throughout the programme, you are expected to participate in departmental research seminars, forums, workshops and internal brownbags enabling you to grow familiar with the process of presenting and discussing academic papers with experienced faculty, and provide opportunities for networking. Funding is also available for you to attend and present papers at academic conferences.
LSE Careers has a team dedicated to PhD students offering a wide range of resources and advice. You will receive regular updates on career events and workshops offered by LSE Careers and the LSE’s PhD Academy.
The Department aims to give all doctoral students the opportunity to teach during the programme. Developing teaching skills and experience is an important component of the students' career development and prepare you for future academic roles. To make this experience as valuable as possible we draw on the support of LSE's Eden Centre .
Find out more about LSE
Discover more about being an LSE student - meet us in a city near you, visit our campus or experience LSE from home.
Experience LSE from home
Webinars, videos, student blogs and student video diaries will help you gain an insight into what it's like to study at LSE for those that aren't able to make it to our campus. Experience LSE from home .
Come on a guided campus tour, attend an undergraduate open day, drop into our office or go on a self-guided tour. Find out about opportunities to visit LSE .
LSE visits you
Student Marketing, Recruitment and Study Abroad travels throughout the UK and around the world to meet with prospective students. We visit schools, attend education fairs and also hold Destination LSE events: pre-departure events for offer holders. Find details on LSE's upcoming visits .
How to apply
Download programme brochure
Register your interest
Related programmes, mres/phd accounting (economics of accounting).
Code(s) N2ZE (EA track)
MRes/PhD Finance
Code(s) N4ZC
Request a prospectus
- Name First name Last name
- Address Address Line 1 Address Line 2 City County Postcode Country
Speak to Admissions
Content to be supplied
Browser does not support script.
- Undergraduate
- Executive education
- Study Abroad
- Summer schools
- Online certificate courses
- International students
- Meet, visit and discover LSE
MRes/PhD Accounting (Accounting, Organisations and Institutions)
- Graduate research
- Department of Accounting
- Application code N2ZD (AOI track)
- Starting 2024
- Home full-time: Open
- Overseas full-time: Open
- Location: Houghton Street, London
The Department of Accounting at LSE is one of the leading groups in the world for teaching and research on the economic, institutional and organisational aspects of accounting and financial management. Our PhD programme provides rigorous academic training aimed at preparing students to undertake research of the highest international standards.
You will benefit from a truly international and interdisciplinary environment. You will have access to a wide range of taught courses and research seminars across different departments and research centres within the School. You will work closely with faculty in the Department throughout the programme, and you will interact with leading scholars from other universities thanks to our active external workshop series. All students admitted to the programme are fully funded, and financial assistance is also available for you to present your work at conferences.
You will be expected to complete the programme within five years. In the first two years, you will take a set of core and elective courses in accounting and related fields and complete a research paper. After the second year, you will focus on your PhD thesis.
Our programme is structured in two tracks: The Accounting, Organisations and Institutions (AOI) track, which is devoted to the study of interrelationships between accounting, organisations and institutions, and the Economics of Accounting (EoA) track , which primarily examines accounting and financial reporting issues from an economics perspective. Below you find more information about the AOI track. For information about the EoA track please click here .
Research in the AOI track is mainly qualitative in approach, focusing on the accounting process within and across organizations. Our intention is that your chosen topic will involve the investigation of how accounting practices are shaped by their institutional contexts, have behavioural consequences and can be vehicles for operationalising different values. Efforts to design internal and external accounting practices are both a function of specific economic and political interests, but are also shaped by social and political aspirations. Research in this track can potentially embrace a wide variety of accounting areas, such as studies in management accounting and organisational control processes, analyses of the impact of new accounting systems in the private and public sector, event-based work on transformations of auditing and risk regulation regimes, historical studies of accounting, as well as broader contributions to social theory.
Faculty supervising students in the AOI track have close links with LSE’s Centre for Analysis of Risk and Regulation (CARR).
Programme details
For more information about tuition fees and entry requirements, see the fees and funding and assessing your application sections.
Entry requirements
Minimum entry requirements for mres/phd accounting aoi track.
To be considered for admission, you should have a substantial academic background in accounting or a cognate area (for example, economic sociology, organisation studies or economic history).
Students are normally required to have prior training at master’s level. We may exceptionally accept students with outstanding performance in their undergraduate degree.
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.
If you have studied or are studying outside of the UK then have a look at our Information for International Students to find out the entry requirements that apply to you.
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.
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) - statement of academic purpose - 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 23 May 2024 . 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.
Fees and funding
Every research student is charged a fee in line with the fee structure 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 2024/25 for MRes/PhD Accounting (Accounting, Organisations and Institutions)
Home students: £4,829 for the first year (provisional) Overseas students: £22,632 for the first year
The fee is likely to rise over subsequent years of the programme. The School charges home 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).
The Table of Fees shows the latest tuition amounts for all programmes offered by the School.
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 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 about fee status classification.
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 generous scholarships each year to home and overseas students.
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: 15 January 2024 The deadline for the second round of LSE PhD Studentships: 25 April 2024
The Department of Accounting may also offer departmental scholarships.
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. Find out more about financial support.
External funding
There may be other funding opportunities available through other organisations or governments and we recommend you investigate these options as well.
Further information
Fees and funding opportunities
Information for international students
LSE is an international community, with over 140 nationalities represented amongst its student body. We celebrate this diversity through everything we do.
If you are applying to LSE from outside of the UK then take a look at our Information for International students .
1) Take a note of the UK qualifications we require for your programme of interest (found in the ‘Entry requirements’ section of this page).
2) Go to the International Students section of our website.
3) Select your country.
4) Select ‘Graduate entry requirements’ and scroll until you arrive at the information about your local/national qualification. Compare the stated UK entry requirements listed on this page with the local/national entry requirement listed on your country specific page.
Programme structure and courses
A PhD in Accounting from LSE consists of six coursework units, completed over two years, followed by a thesis which is usually expected to take a further three years.
Accounting, Organisations and Institutions (AOI) Track
This track is devoted to the study of interrelationships between accounting, organisations and institutions.
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.
You will also be required to take a number of courses in Methodology.
Fundamentals of Social Science Research Design Explores design considerations and options across quantitative and qualitative research, including issues of data quality, analysis, reporting and reproducibility. At the end of the course, you will be able to read a wide variety of empirical social science with a critical and balanced perspective and you will be better equipped to implement and make arguments defending the methods you use in your research.
Qualitative Research Methods (or equivalent with permission) Presents the fundamentals of qualitative research methods. It prepares you to design, carry out, report, read and evaluate qualitative research projects.
Introduction to Quantitative Analysis (or equivalent with permission) An intensive introduction to quantitative data analysis in the social sciences.
Depending on the previous methods training you have undertaken, you will be allowed to replace one or all of the above listed methods courses with more advanced courses.
In addition, you will be required to complete elective courses to the value of 1.0 unit in relevant fields, e.g.:
- The Sociology of Markets (0.5)
- History of Economics: Making Political Economy into a Social Science (0.5)
- History of Economics: Ideas, Policy and Performativity (0.5)
- Monetary and Financial History (1.0)
- The Long-Run Analysis of Firms and Industries (0.5)
Or any other graduate- or research-level course available in the School with permission.
Further training and transferable skills courses:
Topics in Accounting Research (AOI) 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. This course is not examined in the first year, but you are required to attend. The course is examined in the second year.
Department of Accounting Research Forums (ARFs) Accounting, Organisations and Institutions (AOI) Research Seminars and Workshops
Second year
Topics in Accounting Research (AOI)
Research Paper in Accounting A research paper of between 6,000 and 8,000 words, related to your designated major field, to be submitted at the end of August of the second year.
You will also be required to complete elective courses to the value of 1.0 unit in relevant fields, including more specialised methods training if not taken above, e.g.:
- Doing Ethnography (0.5)
- Qualitative Text and Discourse Analysis (0.5)
Accounting Work in Progress Seminars This is a non-examined course which all PhD students in Accounting (AOI and EoA tracks) are required to take from Year 2 onwards. You present your work in progress to fellow students and faculty, including drafts/outlines of your Year 2 research paper, and ongoing PhD work thereafter.
Department of Accounting Research Forums (ARFs) Accounting, Organisations and Institutions (AOI) Research Seminars and Workshops
PhD programme
After meeting the progression requirements, you progress to PhD registration and begin to work on your thesis. You will continue to attend the following seminars and workshops:
Topics in Accounting Research (AOI) Accounting Work in Progress Seminars Department of Accounting Research Forums (ARFs) Accounting, Organisations and Institutions (AOI) 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.
Successful applicants will be assigned two supervisors, a principal and secondary supervisor at the start of the programme.
During the MRes period you will have the opportunity to meet and discuss your research interests with a range of faculty members to help ensure you have the right fit with your supervisors for your PhD. This is designed to expose you to various faculty members within the academic group on a rotation basis and also to provide a more integrated experience where you will have the chance to develop your ideas with junior faculty.
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
Throughout your PhD, progression is monitored via bi-annual progress reviews by the departmental Research Student Assessment Review Committee. The Committee meets each year in January to assess your mid-year progress and in June to assess your end-of-year progress and make decisions on continued registration/de-registration.
During your second year of your PhD, you will undergo a ‘mid-term review’. As part of the mid-term review, you have to submit a solid draft of one complete core chapter, a less developed draft of one further core chapter, as well as a detailed outline for the rest of the PhD thesis with a timeline for completion. You will be provided with an opportunity to defend your submitted written materials orally. The materials will be reviewed by a Departmental Review Committee which will consist of the supervisory team and one internal reviewer drawn from the Department, who has not been involved in your supervision. You need to pass the ‘mid-term review’ to progress to the third year of your PhD studies.
Your final award will be determined by the completion of an original research thesis and a viva oral examination.
More about progression requirements
Student support and resources
We’re here to help and support you throughout your time at LSE, whether you need help with your academic studies, support with your welfare and wellbeing or simply to develop on a personal and professional level.
Whatever your query, big or small, there are a range of people you can speak to who will be happy to help.
Department librarians – they will be able to help you navigate the library and maximise its resources during your studies.
Accommodation service – they can offer advice on living in halls and offer guidance on private accommodation related queries.
Class teachers and seminar leaders – they will be able to assist with queries relating to specific courses.
Disability and Wellbeing Service – they are experts in long-term health conditions, sensory impairments, mental health and specific learning difficulties. They offer confidential and free services such as student counselling, a peer support scheme and arranging exam adjustments. They run groups and workshops.
IT help – support is available 24 hours a day to assist with all your technology queries.
LSE Faith Centre – this is home to LSE's diverse religious activities and transformational interfaith leadership programmes, as well as a space for worship, prayer and quiet reflection. It includes Islamic prayer rooms and a main space for worship. It is also a space for wellbeing classes on campus and is open to all students and staff from all faiths and none.
Language Centre – the Centre specialises in offering language courses targeted to the needs of students and practitioners in the social sciences. We offer pre-course English for Academic Purposes programmes; English language support during your studies; modern language courses in nine languages; proofreading, translation and document authentication; and language learning community activities.
LSE Careers – with the help of LSE Careers, you can make the most of the opportunities that London has to offer. Whatever your career plans, LSE Careers will work with you, connecting you to opportunities and experiences from internships and volunteering to networking events and employer and alumni insights.
LSE Library – founded in 1896, the British Library of Political and Economic Science is the major international library of the social sciences. It stays open late, has lots of excellent resources and is a great place to study. As an LSE student, you’ll have access to a number of other academic libraries in Greater London and nationwide.
LSE LIFE – this is where you should go to develop skills you’ll use as a student and beyond. The centre runs talks and workshops on skills you’ll find useful in the classroom; offers one-to-one sessions with study advisers who can help you with reading, making notes, writing, research and exam revision; and provides drop-in sessions for academic and personal support. (See ‘Teaching and assessment’).
LSE Students’ Union (LSESU) – they offer academic, personal and financial advice and funding.
PhD Academy – this is available for PhD students, wherever they are, to take part in interdisciplinary events and other professional development activities and access all the services related to their registration.
Sardinia House Dental Practice – this offers discounted private dental services to LSE students.
St Philips Medical Centre – based in Pethwick-Lawrence House, the Centre provides NHS Primary Care services to registered patients.
Student Services Centre – our staff here can answer general queries and can point you in the direction of other LSE services.
Student advisers – we have a Deputy Head of Student Services (Advice and Policy) and an Adviser to Women Students who can help with academic and pastoral matters.
Student life
As a student at LSE you’ll be based at our central London campus. Find out what our campus and London have to offer you on academic, social and career perspective.
Student societies and activities
Your time at LSE is not just about studying, there are plenty of ways to get involved in extracurricular activities . From joining one of over 200 societies, or starting your own society, to volunteering for a local charity, or attending a public lecture by a world-leading figure, there is a lot to choose from.
The campus
LSE is based on one campus in the centre of London. Despite the busy feel of the surrounding area, many of the streets around campus are pedestrianised, meaning the campus feels like a real community.
Life in London
London is an exciting, vibrant and colourful city. It's also an academic city, with more than 400,000 university students. Whatever your interests or appetite you will find something to suit your palate and pocket in this truly international capital. Make the most of career opportunities and social activities, theatre, museums, music and more.
Want to find out more? Read why we think London is a fantastic student city , find out about key sights, places and experiences for new Londoners . Don't fear, London doesn't have to be super expensive: hear about London on a budget .
Student stories
Nadine de gannes (2018, ivey business school).
The PhD journey for me was one of discovery. Personally, I unearthed the depths of my work ethic and perseverance. In focusing intently upon a particular area of study and questioning what was known and puzzling over what remained unknown, I discovered the types of questions I wanted to ask, and how I wanted to go about finding the answers. Both methodology and methods training are central pillars in doctoral research, and the Department of Accounting enabled these in spades. I was never left wanting for opportunities to enhance skills that were critical to the successful completion of my thesis. There was also no shortage of outstanding academics to challenge and inspire critical thinking and discussion. The PhD was not an easy road, but undoubtedly one that I believe was worthwhile.
Take a look at the department webpages for further student stories .
Students who successfully complete the programme often embark on an academic career.
Further information on graduate destinations for this programme
Support for your career
Throughout the programme, you are expected to participate in departmental research seminars, forums, workshops and internal brownbags enabling you to grow familiar with the process of presenting and discussing academic papers with experienced faculty, and provide opportunities for networking. Funding is also available for you to attend and present papers at academic conferences.
LSE Careers has a team dedicated to PhD students offering a wide range of resources and advice. You will receive regular updates on career events and workshops offered by LSE Careers and the LSE’s PhD Academy.
The Department aims to give all doctoral students the opportunity to teach during the programme. Developing teaching skills and experience is an important component of the students' career development and prepare you for future academic roles. To make this experience as valuable as possible we draw on the support of LSE's Eden Centre .
Find out more about LSE
Discover more about being an LSE student - meet us in a city near you, visit our campus or experience LSE from home.
Experience LSE from home
Webinars, videos, student blogs and student video diaries will help you gain an insight into what it's like to study at LSE for those that aren't able to make it to our campus. Experience LSE from home .
Come on a guided campus tour, attend an undergraduate open day, drop into our office or go on a self-guided tour. Find out about opportunities to visit LSE .
LSE visits you
Student Marketing, Recruitment and Study Abroad travels throughout the UK and around the world to meet with prospective students. We visit schools, attend education fairs and also hold Destination LSE events: pre-departure events for offer holders. Find details on LSE's upcoming visits .
How to apply
Download programme brochure
Register your interest
Related programmes, mres/phd accounting (economics of accounting).
Code(s) N2ZE (EA track)
MRes/PhD Finance
Code(s) N4ZC
Request a prospectus
- Name First name Last name
- Address Address Line 1 Address Line 2 City County Postcode Country
Speak to Admissions
Content to be supplied
Our cookies
We use cookies for three reasons: to give you the best experience on PGS, to make sure the PGS ads you see on other sites are relevant , and to measure website usage. Some of these cookies are necessary to help the site work properly and can’t be switched off. Cookies also support us to provide our services for free, and by click on “Accept” below, you are agreeing to our use of cookies .You can manage your preferences now or at any time.
Privacy overview
We use cookies, which are small text files placed on your computer, to allow the site to work for you, improve your user experience, to provide us with information about how our site is used, and to deliver personalised ads which help fund our work and deliver our service to you for free.
The information does not usually directly identify you, but it can give you a more personalised web experience.
You can accept all, or else manage cookies individually. However, blocking some types of cookies may affect your experience of the site and the services we are able to offer.
You can change your cookies preference at any time by visiting our Cookies Notice page. Please remember to clear your browsing data and cookies when you change your cookies preferences. This will remove all cookies previously placed on your browser.
For more detailed information about the cookies we use, or how to clear your browser cookies data see our Cookies Notice
Manage consent preferences
Strictly necessary cookies
These cookies are necessary for the website to function and cannot be switched off in our systems.
They are essential for you to browse the website and use its features.
You can set your browser to block or alert you about these cookies, but some parts of the site will not then work. We can’t identify you from these cookies.
Functional cookies
These help us personalise our sites for you by remembering your preferences and settings. They may be set by us or by third party providers, whose services we have added to our pages. If you do not allow these cookies, then these services may not function properly.
Performance cookies
These cookies allow us to count visits and see where our traffic comes from, so we can measure and improve the performance of our site. They help us to know which pages are popular and see how visitors move around the site. The cookies cannot directly identify any individual users.
If you do not allow these cookies we will not know when you have visited our site and will not be able to improve its performance for you.
Marketing cookies
These cookies may be set through our site by social media services or our advertising partners. Social media cookies enable you to share our content with your friends and networks. They can track your browser across other sites and build up a profile of your interests. If you do not allow these cookies you may not be able to see or use the content sharing tools.
Advertising cookies may be used to build a profile of your interests and show you relevant adverts on other sites. They do not store directly personal information, but work by uniquely identifying your browser and internet device. If you do not allow these cookies, you will still see ads, but they won’t be tailored to your interests.
Diploma in Accounting and Finance
London school of economics and political science, university of london, different course options.
- Key information
Course Summary
Tuition fees, entry requirements, similar courses at different universities, key information data source : idp connect, qualification type.
Postgraduate Diploma
Subject areas
Finance / Accounting (General) Accounting
Course type
The Diploma in Accounting and Finance is a qualification in its own right, designed for students with little or no background in accounting and finance. It would also be an ideal programme if you have some background in accounting and finance and would like to extend your knowledge and understanding in areas of special interest, or if you require a greater depth of knowledge before pursuing postgraduate study.
It is a flexible programme, providing a solid training and foundation in accounting and finance, including mathematical skills for more advanced master’s elective courses. You will be able to both specialise in accounting and finance, and select from a wide range of courses available throughout the School.
This programme is suitable for students with undergraduate degrees in arts, economics, law, business, science and engineering, as well as those with some background in accounting and finance. There is a clear route from the Diploma towards master's level study within the Department, subject to satisfactory performance.
The programme is housed within the Department of Accounting, which is widely recognised throughout Europe for its excellence in accounting and financial management research and education, as well as for its leading role in public policy issues. The interface between accounting and managers, organisations, institutions, public policy and regulatory bodies is a particular teaching and research strength of the Department.
Teaching methods
LSE is internationally recognised for its teaching and research and therefore employs a rich variety of teaching staff with a range of experience and status. Courses may be taught by individual members of faculty, such as lecturers, senior lecturers, readers, associate professors and professors. Many departments now also employ guest teachers and visiting members of staff, LSE teaching fellows and graduate teaching assistants who are usually doctoral research students and in the majority of cases, teach on undergraduate courses only.
All taught courses are required to include formative coursework which is unassessed. It is designed to help prepare you for summative assessment which counts towards the course mark and to the degree award. LSE uses a range of formative assessment, such as essays, problem sets, case studies, reports, quizzes, mock exams and many others. Summative assessment may be conducted during the course or by final examination at the end of the course.
Our graduates pursue careers across a wide range of sectors, in accounting, corporate finance, equity research, fund management and management consultancy. Companies who have employed recent graduates from the Diploma in Accounting and Finance programme include Barclays Capital, Dresdner Kleinwort Wasserstein, HSBC, Mazars, Merrill Lynch, Morgan Stanley, PayPal, Simon-Kucher & Partners and Societe Generale.
UK fees Course fees for UK students
For this course (per year)
International fees Course fees for EU and international students
Upper second class honours (2:1) degree or equivalent in any discipline. Indicating an interest in the Diploma in Accounting and Finance specifically as your first choice will maximise your prospect of admission to the programme. Equally, you should note the differentiated nature of the graduate programmes in the Department of Accounting, and identify your first choice accordingly.
Accounting and Finance MSc/PGDip/PGCert
Bristol, university of the west of england, real estate finance and investment (distance learning) msc, real estate finance and investment msc, finance and investment msc/pgdip/pgcert, global business and finance law.
Our use of cookies
We use necessary cookies to make our site work. We'd also like to set optional cookies to help us measure web traffic and report on campaigns.
We won't set optional cookies unless you enable them.
Cookie settings
Accounting and Finance
- Entry year 2024
- Duration Full time 4 Years
The Department of Accounting and Finance at Lancaster University Management School (LUMS) invites applications for PhD program in Accounting and Finance . You will be working alongside world-leading academics in a busy, exciting and innovative department.
We are looking for highly motivated candidates who have an excellent first degree and outstanding Master's level degree performance. Qualifications should be in a related discipline to your intended PhD studies. You should also be committed to pursuing an academic career. We are offering full-time studentships to commence in October 2024. All studentships pay a generous living allowance (the 2023 ESRC award was £18,622 per annum) and offer a fee waiver for four years.
The department offers an excellent research environment, with a high level of collegiality, subscriptions to state-of-the-art databases, a strong seminar series, and a senior visitors program. The Department of Accounting and Finance is one of the largest departments within LUMS – a world-ranked international business school that is highly regarded by the Financial Times, QS, The Economist and more. In the 2014 and 2021 Research Excellence Framework , LUMS was ranked first in the UK in research power and is one of few business schools whose programs are accredited by the three major international business school accreditation bodies: AMBA, EQUIS and AACSB.
The Department offers a PhD Program in Accounting and Finance. PhD students are required to complete a portfolio of PhD level courses and seminars covering finance theory, econometric and statistical methods, and research methodology. Upon successfully completing the coursework, you will then research and write a thesis on a topic which you are passionate about. Two subject experts will offer detailed supervision to ensure it will contribute new knowledge to the academic community. You will also have the opportunity to gain international experience by visiting a leading US/European school with expertise in a relevant research area. We offer an excellent environment for PhD studies, including dedicated office space, generous funding of conference and research visits, access to many specialised databases, as well as scientific computing facilities and IT support.
The Department has been consistently building the strength of a doctoral program for many years. It has developed comprehensive PhD training to enable our PhD graduates to succeed in the job market. Apart from training delivered by our own excellent faculty, our department regularly invites distinguished visiting professors from the best universities in the world to deliver doctoral tutorials on specialised research topics. Our PhD students have the privilege of being trained by world-leading scholars every summer and have extensive opportunities to consult external experts.
In recent years, our PhD graduates have successfully joined many excellent universities, research centres and institutions, including Australian National University, Bocconi University, Chinese University of Hong Kong, Durham University, LSE, Liverpool, Manchester, Monash, and Warwick Universities.
Your department
- Accounting and Finance Lancaster University Management School
- Make an enquiry form
- Telephone +44 (0)1524 592938
Research Excellence Framework 2021
Lancaster University Management School: 100% of research environment rated 'world-leading' and rated number 1 business school in the UK for 'research power' in REF 2021 .
Jackie talks about why she chose Lancaster University Management School for her PhD in Accounting and Finance
Programme structure
During your first year, you will be required to complete modules including accounting and finance theory, econometric and statistical methods and research methodology. Explore our module listings in the tabs below.
- PhD in Accounting
- PhD in Finance
- Research Training Seminars
Below is an overview of the modules you will study in your first year:
Below is an overview of the modules you will study in your first year.
There are two compulsory seminars in the first term which include an online test
- Ethics and Research
The Department of Accounting and Finance provides you with access to a number of leading financial databases. This valuable resource enables you to acquire crucial skills that are highly desirable to employers, making you stand out in the competitive job market.
For more information, please contact Justin Chircop
Entry requirements
Academic requirements.
A relevant Master's degree (UK or equivalent) with Distinction level performance, both overall and in the dissertation. In exceptional circumstances, applicants with an upper second class honours degree and relevant research experience may be considered.
If you have studied outside of the UK, we would advise you to check our list of international qualifications before submitting your application.
Additional Requirements
As part of your application you will also need to provide a viable research proposal of up to 5000 words which has potential to make a significant contribution to prior literature. Guidance can be found on our writing a research proposal webpage.
English Language Requirements
We may ask you to provide a recognised English language qualification, dependent upon your nationality and where you have studied previously.
We normally require an IELTS (Academic) Test with an overall score of at least 7.5 and a minimum of 6.0 in each element of the test. We also consider other English language qualifications .
If your score is below our requirements, you may be eligible for one of our pre-sessional English language programmes .
Contact: Admissions Team +44 (0) 1524 592032 or email [email protected]
Course structure
You will study a range of modules as part of your course, some examples of which are listed below.
Information contained on the website with respect to modules is correct at the time of publication, but changes may be necessary, for example as a result of student feedback, Professional Statutory and Regulatory Bodies' (PSRB) requirements, staff changes, and new research. Not all optional modules are available every year.
Our research seminars with external speakers attract leading academics that present their current research. Attending such seminars exposes participants to current research trends and allows them to expand their network. We encourage active student participation in seminars and their contact with seminar speakers. To facilitate better understanding of seminar papers, we will conduct regular pre-seminar meetings that are going to discuss in detail presented papers. The objective of pre-seminar meetings are:
- Facilitate better understanding of current research streams and presented papers;
- Provide a platform for exchanging ideas and opinions on current research streams;
- Help you provide informed feedback on presented research;
- Improve your writing skills and critical thinking;
- Further connect PhD students and our faculty by conducting regular meetings with different faculty members.
The course covers key theoretical areas of financial accounting research. It provides a crucial link to the literature for students seeking to strengthen the theoretical foundations of their empirical research. The underlying perspective is an economic one and implicitly assumes a stock market setting defines the corporate financial information environment.
By the end of the course, students will be able to understand four fundamental theoretical areas that underpin research in financial accounting, namely mandatory financial disclosure, voluntary financial disclosure, the politics of accounting regulation, and agency and contracting theory.
The course covers four topics as follows:
- The social value of (mandatory) financial disclosure
- Voluntary financial disclosure
- The role of regulation in accounting research
- Agency and contracting theory
This module is designed to introduce students to some of the core issues associated with empirical accounting research through the review of recent trends in accounting research. The module will discuss the importance of incremental contribution, basic research design issues, issues with analysing data and tabulating results, and extending extant research. The module will comprise a mixture of faculty-led lectures, interactive student-led presentations and discussions.
- Accounting conservatism
- Recognition vs. disclosure
- IFRS adoption
- Bank accounting
- Financial instruments and fair value accounting
- Economic consequences of financial reporting and disclosure
This is a module in accounting research for first-year doctoral students. The module comprises nine weekly sessions, each based on a published academic paper (or suite of papers). Each session involves a student-led discussion of the paper(s), with faculty providing a facilitating role for the discussion. The aim is to understand key research contributions, methods, and opportunities for further research.
- The determinants and consequences of accounting choice
- Various measures of earnings quality and their determinants and consequences
- Accounting anomalies and the use of accounting information in fundamental analysis
- The role of auditors as a corporate governance mechanism
- • The application of experimental methods to examine accounting issues
- • Understanding of behavioural theory in accounting research
The course covers various aspects of equilibrium asset prices in dynamic economies. The aims of this course are to introduce students to the main asset pricing theories that are fundamental to research development in finance and to provide an understanding of how asset pricing models are formally constructed.
On completion of this unit successful students will be able to have
- an understanding of key elements in the mainstream asset pricing theories,
- systematic knowledge in both implications of asset pricing models and empirical implementations.
Topics covered
- Utility preferences 2
- Mean-variance theory and the CAPM
- Stochastic discount factor
- Arrow-Debreu economy and state prices
- Dynamic programming
- Consumption-based asset pricing
- Production-based asset pricing.
This course takes place in the second term and builds upon the Manchester taught module AcF853, which is an advanced dominantly theoretical asset pricing course. Spillover effects from AcF851 Advanced Quantitative Methods are also anticipated.
In the first part of the module recent advances in cross-sectional asset pricing will be covered. This will include an empirical treatment of the classical asset pricing model and its extensions and related testing and model specification approaches. This part will cover the critical assessment of existing models in the light of risk-based and behaviour explanations as well as multi-factor models related to profitability and investment patterns across firms.
In the second part of the module will focus and the consumption-based model both from a theoretical and empirical perspective.
In the third part of the module asset pricing with option implied information will be covered. This includes the theoretical coverage, and understanding of the options data structure as well as the empirical implementation in advanced software packages.
The last part of the module will focus on mutual and hedge funds. This includes their performance evaluation and performance attribution from a mainly empirical perspective. Unique characteristics of hedge funds and various hedge fund strategies will be covered.
The topics covered in this module will be fine-tuned to the specific decomposition of each year's PhD student cohort.
This course is designed to help students understand how to operationalize empirical research on topics that are central to corporate finance. The overarching goal is to expose students to “state-of-the-art” empirical research methods and prepare them to conduct their own work using new tools. All students with an interest in finance, economics, accounting, human resources, and related disciplines are welcome to take the course.
The course will include:
- Endogeneity and Basic Identification Strategies
- Difference Estimators
- LATE and Regression Discontinuity Design
- Matching Estimators
This course introduces doctoral students to the knowledge and skills in empirical research on corporate finance. Topics include capital structure, corporate liquidity management, payout policies, and executive compensation. Selected papers in relevant literature will be discussed, with a focus on research ideas, data sources, and empirical methodologies. This course aims to help students identify and formulate research questions that may lead to dissertation topics.
After successfully completing the course students are expected to have:
- A broader knowledge of empirical research in corporate finance;
- A better understanding of how empirical techniques can be used to answer research questions in the areas covered in the course;
- More confidence in presenting and defending their own research;
- Formulate one research idea with concrete research agenda.
This course will cover econometric techniques on an advanced level that form the basis for quantitative and empirical research in Finance and Accounting. It will also cover the related necessary programming skills in advanced econometrics and statistical software packages such as MatLab and GAUSS. The course will start with covering two key areas: i) Generalized Methods of Moments and ii) Maximum Likelihood Techniques in a) time series models, b) multiple equations models and c) panel frameworks.
Depending on the composition of the students’ cohort additional advanced methods that will be covered in the course may include: Simulated Maximum Likelihood, Efficient Important Sampling, Indirect Inference, Bayesian Methods, High-Frequency Financial Econometrics, Point Processes, Count Data Models, Limited Dependent Variable models.
The success of developing and publishing accounting research critically depends on the knowledge of the data and programming skills to manage large datasets. The course will introduce students to key databases in accounting research, will train students how to use these data, and will develop students’ programming skills and applied econometrics. This module is designed to introduce students to the main research design choices and methods in empirical accounting research. The areas covered by the module include data collection and main financial databases, handling large datasets using STATA, analysing data and tabulating results. The module provides a broad overview of major data operations and statistical techniques used in accounting research and shows how to effectively program using STATA and other software packages. Further the module, introduces students to the Python and R programming languages.
This module covers the econometric theory and application of selected econometric methods. The first part (Weeks 1-5) covers Time Series Econometrics, Panel Data Econometrics and Financial Econometrics. The second part (Weeks 6-10) covers Panel Data extensions, Discrete choice models and Tobit models.
- Time Series Econometrics: Statistical Inference, Time Series Modelling, Modes of Convergence, Spurious regression, Nonparametric Methods
- Panel Data Econometrics: Pooled Regression, Fixed Effects/Random Effects, Dynamic Panel Models
- Introduction to Financial Econometrics: Asset Returns, Expectations, Volatility, ICAM, Realized Volatility, High-Frequency Methods
- Panel Data extensions: Endogeneity, IV estimation, Treatment effects, Diff-in-Diff estimators
- Discrete Choice Models: Binary models (Probit/Logit), Ordered Probit/Logit, Multinominal Probit/Logit
- Tobit and Selection Models
The Pilot study/Research proposal for the PhD scheme continues on from the research undertaken in the literature review and is the final preparation before their initial paper. It is intended to help provide the student to expand their knowledge of the appropriate theoretical and empirical literature and attempt to plan a project that would make an incremental contribution to the research area. This may consist of collecting an appropriate data set that will be analysed at a later date, or constructing a theoretical framework that can be built on at a later date.
The aim of this course is to equip students with the tools necessary to enable them to make the core investment management decisions that managers face on a daily basis as well as the knowledge as to where they can find the information necessary to apply those tools. This course covers fundamental concepts and key issues in factor investing; equilibrium theories of asset pricing; mutual funds, ETFs and hedge funds; Environmental, Social and Governance; textual analysis in empirical asset pricing.
This module is designed to provide students who have no or little programming experience with introduction to Python programming in the context of academic research and real-life problem solving in accounting and finance. This module aims to develop students’ interests and confidence in financial programming and analysing big financial data, and to equip students with programming skills and data-driven problem-solving abilities.
This module will enable you to understand the key concepts and methods in data science, econometrics, and quantitative finance to carry out independent empirical work required for the job market, more advanced modules in accounting and finance and the MSc dissertation streams.
Fees and funding
The tuition fee for students with home fee status is set in line with the standard fee stipend provided by the UK Research Councils. The fee stipend for 2024/25 has not yet been set. For reference, the fee stipend for 2023/24 was full-time £4,712.
The international fee for new entrants in 2024/25 is full-time £20,790.
General fees and funding information
There may be extra costs related to your course for items such as books, stationery, printing, photocopying, binding and general subsistence on trips and visits. Following graduation, you may need to pay a subscription to a professional body for some chosen careers.
Specific additional costs for studying at Lancaster are listed below.
College fees
Lancaster is proud to be one of only a handful of UK universities to have a collegiate system. Every student belongs to a college, and all students pay a small College Membership Fee which supports the running of college events and activities. Students on some distance-learning courses are not liable to pay a college fee.
For students starting in 2023 and 2024, the fee is £40 for undergraduates and research students and £15 for students on one-year courses. Fees for students starting in 2025 have not yet been set.
Computer equipment and internet access
To support your studies, you will also require access to a computer, along with reliable internet access. You will be able to access a range of software and services from a Windows, Mac, Chromebook or Linux device. For certain degree programmes, you may need a specific device, or we may provide you with a laptop and appropriate software - details of which will be available on relevant programme pages. A dedicated IT support helpdesk is available in the event of any problems.
The University provides limited financial support to assist students who do not have the required IT equipment or broadband support in place.
For most taught postgraduate applications there is a non-refundable application fee of £40. We cannot consider applications until this fee has been paid, as advised on our online secure payment system. There is no application fee for postgraduate research applications.
For some of our courses you will need to pay a deposit to accept your offer and secure your place. We will let you know in your offer letter if a deposit is required and you will be given a deadline date when this is due to be paid.
The fee that you pay will depend on whether you are considered to be a home or international student. Read more about how we assign your fee status .
If you are studying on a programme of more than one year’s duration, the tuition fees for subsequent years of your programme are likely to increase each year. Read more about fees in subsequent years .
Scholarships and bursaries
You may be eligible for the following funding opportunities, depending on your fee status and course. You will be automatically considered for our main scholarships and bursaries when you apply, so there's nothing extra that you need to do.
Unfortunately no scholarships and bursaries match your selection, but there are more listed on scholarships and bursaries page.
If you're considering postgraduate research you should look at our funded PhD opportunities .
We also have other, more specialised scholarships and bursaries - such as those for students from specific countries.
Browse Lancaster University's scholarships and bursaries .
Similar courses
- Accounting and Financial Management MSc
- Finance MSc
- Financial Management MSc
- Investment Management and Financial Analysis MSc
Find a PhD Topic
Discover the research interests of our academics to find a synergy with your desired area of research.
Studentships and Funding
Find out more about our range of options to help you fund your postgraduate studies.
Job market candidates
Our Accounting and Finance job market candidates are listed below. Please visit PhD Job Market Candidates for a full list of LUMS candidates.
For further details, please contact the Doctoral Office .
Accounting and Finance job market candidates
Mohamed Badawy
Adina Yelekenova
Centre for Financial Econometrics, Asset Markets and Macroeconomic Policy
Visiting PhD Scholars Program
Eligibility.
- The Visiting PhD Scholars program is intended for current doctoral students who are sufficiently fluent in English and proficient in their disciplines to make a positive contribution to the research culture of Lancaster University Management School (LUMS).
- Applicants must be doctoral students. Individuals who have already obtained their PhD are not eligible for this program.
- The Visiting PhD Scholars program and its requirements and procedures are subject to change without notice.
Visiting PhD Scholars are charged a registration levy of £500 for visits of up to 3 months.
For visits more than 3 months, visiting PhD Scholars are charged a tuition fee at the standard rate (e.g., £19,520 per year at the 2023/24 rate) or on a pro-rata basis. The department is a member of the EAA ARC International PhD Visit Scheme that provides funding for visiting PhD Scholars.
Application
In order to apply for this PhD Visiting Scholar Program, students must first find a LUMS faculty supervisor. A directory of Accounting and Finance faculty along with a description of their research interests and contact information can be found in the Faculty pages .
To be considered, applicants must submit the following documents to PhD Director in Accounting, Dr Justin Chircorp or PhD Director in Finance, Dr Chelsea Yao .
- Academic transcripts (including PhD coursework transcript)
- A request for a specific time to visit (begin date and end date)
- A brief statement (not to exceed two pages) written by the applicant explaining the purpose and goals of the visit, including the details of the research project that the applicant plans to work on while in Lancaster
- A recommendation letter from a faculty member at the applicant’s home institution.
Interested students should apply at least three months prior to the start of their intended visit.
=65th in the world for Accounting and Finance
Lancaster is ranked 11th in the UK and joint 65th in the world for Accounting and Finance according to the QS World Rankings by Subject 2023, one of nine subjects at Lancaster to be featured in the top 100 in these prestigious listings.
Alumni Profiles
Jacqui Munro
PhD Accounting and Finance , 2019
PhD Accounting & Finance , 2018
Zhifang Zhang
PhD Accounting & Finance , 2017
PhD Accounting & Finance, 2016
Joana Cardoso Fontes
PhD Accounting & Finance, 2014
Linked icons
- Get a prospectus
Important Information
The information on this site relates primarily to 2024/2025 entry to the University and every effort has been taken to ensure the information is correct at the time of publication.
The University will use all reasonable effort to deliver the courses as described, but the University reserves the right to make changes to advertised courses. In exceptional circumstances that are beyond the University’s reasonable control (Force Majeure Events), we may need to amend the programmes and provision advertised. In this event, the University will take reasonable steps to minimise the disruption to your studies. If a course is withdrawn or if there are any fundamental changes to your course, we will give you reasonable notice and you will be entitled to request that you are considered for an alternative course or withdraw your application. You are advised to revisit our website for up-to-date course information before you submit your application.
More information on limits to the University’s liability can be found in our legal information .
Our Students’ Charter
We believe in the importance of a strong and productive partnership between our students and staff. In order to ensure your time at Lancaster is a positive experience we have worked with the Students’ Union to articulate this relationship and the standards to which the University and its students aspire. View our Charter and other policies .
Why Lancaster?
League tables and reputation
A highly-ranked university with a global reputation.
Colleges and community
Your college will be your home away from home.
Careers and employability
Career support for our students through university and beyond.
Student life
Lancaster has so much to offer. On our campus, in our city and in our community, you’ll find your place – whoever you are.
Where is Lancaster?
Lancaster is easy to get to and surrounded by natural beauty.
The campus and the city
Our campus and the surrounding area is a great place to call home.
Your global experience
Build your global community on campus and around the world.
Wellbeing and support
Services to help you fulfil your potential at Lancaster.
Cyclist killed by bin lorry in Clerkenwell named as 'bright, brilliant and brave' PhD student at LSE
An LSE student has been named as the cyclist killed in a collision with a bin lorry in central London last week.
Cheistha Kochhar, 33, originally from India, was on her way home from studies on her PhD in behavioural science when she was fatally injured in Clerkenwell .
She died at the scene, on Clerkenwell Road at the junction with A201 Farringdon Road, after the crash with the bin lorry on Tuesday afternoon.
Her father Dr SP Kochhar, Director General of Cellular Operators Association of India (COAI), wrote on X of being in London following his daughter’s death .
Mr Kochhar, also a former Lieutenant General, said: "Trying to collect the remains of my daughter, Cheistha Kochhar.
"She was run over by a truck on 19 Mar while cycling back from LSE, where she was doing her PhD.”
He said her death “has devastated us and her large circle of friends” as he called for loved-ones to share photos, videos and memories of her.
Police officers have appealed for witnesses of the collision to come forward or whoever has dashcam footage of the incident to get in touch. The lorry driver was interviewed at the scene andno arrests have been made.
The department head of Ms Kochhar’s course at the LSE Sarah Ashwin, described her as a “brilliant student” in a tribute on an online memorial page.She wrote: “Cheistha was a brilliant student – gifted, warm, hardworking, full of life and light. She was a model member of the PhD community, loved by everyone who interacted with her. We had high hopes would grow to be a reputed scholar. We are so sorry that these dreams will not be realised, but we will find ways to ensure she is not forgotten at LSE.
Amitabh Kant, former CEO of NITI Aayog, where she had spent a stint working, paid tribute to the student on social media.
He wrote on X: "Cheistha Kochhar worked with me on the #LIFE programme in NITI Aayog. She was in the #Nudge unit and had gone to do her PhD in Behavioural Science at #LSE. Passed away in a terrible traffic incident while cycling in London. She was bright, brilliant and brave and always full of life. Gone away too early. RIP.”
In 2022, cyclists formed a “human barrier” to protect other riders from vehicles in protest at the lack of action to improve safety on one of London’s most dangerous routes.
Cyclist Travis Nelson , 47, and his cat Sigrid were knocked off a bicycle a busy intersection between Clerkenwell Road and Goswell Road last November.
In July 2018, medics used battlefield techniques to save cyclist Sarah Doone, a TV technician, left crushed and bleeding under a cement lorry near the Old Street roundabout.
In September 2018, Great Ormond Street Hospital doctor Maria Bitner-Glindzicz was knocked off her bike and killed when a van driver opened his door – sending her swerving into the path of a black cab.
A cyclist in his 30s was seriously injured following a collision with a double-decker bus at the busy junction between Farringdon Road and Clerkenwell Road in August 2015.
Anyone who witnessed the latest fatal incident, or road users who have footage which captured events, are asked to call 101 or 020 8246 9820 @MetCC and quote CAD6903/19Mar.
Register now for one of the Evening Standard’s newsletters. From a daily news briefing to Homes & Property insights, plus lifestyle, going out, offers and more. For the best stories in your inbox, click here .
- India Today
- Business Today
- Reader’s Digest
- Harper's Bazaar
- Brides Today
- Cosmopolitan
- Aaj Tak Campus
- India Today Hindi
Indian student, cycling home, dies after being hit by truck in London
A 33-year-old indian student, cheistha kochar, died in central london last week after being run over by a truck while cycling home. she previously worked at niti aayog, and was pursuing phd from the london school of economics..
Listen to Story
- Cheistha Kochar was pursuing PhD at the London School of Economics
- She was run over by a truck on March 19
- No arrests have been made, police have appealed for witnesses
A 33-year-old Indian student died in an accident after being run over by a truck while cycling home in central London last week. Cheistha Kochar, who had earlier worked at NITI Aayog, was pursuing a PhD in Behavioural Science from the London School of Economics.
Cheistha Kochar was the daughter of retired Lieutenant General Dr SP Kochhar, Director General of Cellular Operators Association of India (COAI).
In an emotional post on LinkedIn, he said that he is still in London "trying to collect the remains of my daughter, Cheistha Kochhar".
IMAGES
VIDEO
COMMENTS
The Department of Accounting at LSE is one of the leading groups in the world for teaching and research on the economic, institutional and organisational aspects of accounting and financial management. Our PhD programme provides rigorous academic training aimed at preparing students to undertake research of the highest international standards.
A PhD in Accounting from LSE consists of six coursework units, completed over two years, followed by a thesis which is usually expected to take a further three years. Economics of Accounting (EoA) Track. This track primarily examines accounting and financial reporting issues from an economics perspective. You will normally commence in late ...
A PhD in Accounting from LSE consists of six coursework units, completed over two years, followed by a thesis which is usually expected to take a further three years. Accounting, Organisations and Institutions (AOI) Track. This track is devoted to the study of interrelationships between accounting, organisations and institutions.
Learn more about MRes/PhD Accounting (Accounting, Organisations and Institutions) Program including the program highlights, fees, scholarships, ... The Department of Accounting at LSE is one of the leading groups in the world for teaching and research on the economic, institutional and organisational aspects of accounting and financial ...
For further information on our PhD programme contact: Graduate Admissions Manager Department of Accounting The London School of Economics and Political Science Houghton Street London WC2A 2AE Tel ...
Known as a research degree, the PhD is usually a four year (full-time) or five to seven year (part-time) course of independent and original research which is supervised by an academic specialist in the subject area. ... London School of Economics and Political Science. Houghton Street. London. WC2A 2AE. UK . LSE is a private company limited by ...
All you need to know from registration, right through to graduation. The PhD Academy is open from Monday to Friday, 10am to 4pm and closed for lunch between 12:30-1:30pm. In order to ensure the quickest possible response, please use the service desk. If you would like to speak to a member of the team, please state this in your enquiry and ...
Accounting PhD Programme . ... (LSE) and University College of London (UCL). Scholarships and funding. All students offered a place on the PhD programme receive full funding, which includes a tax-free stipend of £28,890 guaranteed for five years and a tuition fee waiver.
Experience weekly research workshops and accounting doctoral courses, including: accounting information and capital markets. fundamental analysis and valuation. executive compensation. empirical finance and accounting anomalies. information intermediaries and corporate networks. corporate governance. accounting information and political economics.
This session is held as part of LSE's Virtual Graduate Open Events for prospective postgraduate students held from 13 to 24 November 2023. In addition to programme specific sessions you may also be interested in other events hosted by our Graduate Admission team, Careers, support services or current LSE student panels.
The PhD Academy is a dedicated space and services hub for doctoral candidates studying at LSE. ... London School of Economics and Political Science. Houghton Street. London. WC2A 2AE. UK . LSE is a private company limited by guarantee, registration number 70527. +44 (0)20 7405 7686.
Vault - go to "guides" and select the one for Accounting to get an overview of the accounting profession and changing trends in the industry. Inside Careers guide on AccountancyCareers. TargetJobs - for further advice, information, and graduate profiles. Accountancy Age - keep up to date with accounting news.
Alongside our projects in the wider community, our research helps to build connections with stakeholders locally and around the world which allows us to advance our social mission. Read more. Funded PhD Programme (Students Worldwide) PhD Opportunities. 1. Find a PhD is a comprehensive guide to PhD studentships and postgraduate research degrees.
The Department of Accounting at LSE is one of the leading groups in the world for teaching and research on the economic, institutional and organisational aspects of accounting and financial management. Our PhD programme provides rigorous academic training aimed at preparing students to undertake research of the highest international standards.
found on LSE for You in the Graduate Course Selection system. Browse the departmental sections below to find out about controlled access master's and PhD courses including the method of applying to courses and the deadlines for applying. Jump to your department: 1. Accounting (AC courses) 2. Anthropology (AN courses) 3. Economics (EC courses)
London School of Economics and Political Science, University of London. ... The Diploma in Accounting and Finance is a qualification in its own right, designed for students with little or no background in accounting and finance. ... LSE teaching fellows and graduate teaching assistants who are usually doctoral research students and in the ...
The Department offers a PhD Program in Accounting and Finance. PhD students are required to complete a portfolio of PhD level courses and seminars covering finance theory, econometric and statistical methods, and research methodology. ... Chinese University of Hong Kong, Durham University, LSE, Liverpool, Manchester, Monash, and Warwick ...
An LSE student has been named as the cyclist killed in a collision with a bin lorry in central London last week.. Cheistha Kochhar, 33, originally from India, was on her way home from studies on ...
A 33-year-old Indian student, Cheistha Kochar, died in central London last week after being run over by a truck while cycling home. She previously worked at NITI Aayog, and was pursuing PhD from the London School of Economics. Listen to Story Cheistha Kochar was pursuing PhD at the London School of ...