Every accounting student in Beta Alpha Psi should consider seeking a Ph.D. in Accounting. Currently starting salaries for those with a new accounting Ph.D. are between $150,000 - $200,000 for nine months, probably more at the top schools. In addition, many schools offer summer research money for the first couple of years for new faculty. Ph.D. programs are not easy and you might not like the research emphasis, but an academic career offers many intrinsic rewards that you will not find in public or corporate accounting. The following links are to two articles related to this issue. The last link is to a list of Ph.D. programs with some contact information. A Google search on accounting Ph.D. programs will generate a lot of other links and a lot of specific school promotions. Since there is such a shortage of accounting PhDs there is lots of money around for those who quality. Talk to your faculty about it and give it some serious thought.
CPA Journal article - Pursuing a Ph.D. in Accounting: What to Expect - http://www.nysscpa.org/cpajournal/2007/307/essentials/p66.htm
Journal of Accountancy article - Pursuing a Ph.D. in Accounting: Walking in with Your Eyes Open - http://www.journalofaccountancy.com/Web/PursuingaPhDinAccounting
Directory of Accounting PhD Programs - http://aaahq.org/ATA/public-interest/PhD-programs/phdschools.cfm?sort=name
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