Top 4 Cheapest Doctorates in Accounting Online
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The 4 cheapest online doctorates in accounting in the country (based on data from the U.S. Department of Education's College Navigator website), these schools' tuition rates are all below the cost of a standard college education. We have sorted them in descending order of cost, with the least expensive school at #1, according to the hourly, online tuition rate. In cases where only the quarterly or semester rate was available, we have divided that rate by 6 (standard full-time graduate enrollment) and placed them accordingly on the list.
Unfortunately, only a limited number of doctoral in accounting degree programs are available online. Therefore it was not possible to compile a pool of options large enough to justify a multifactorial ranking system in which scoring of colleges and universities would be based on a list of specific considerations.
So instead, we ranked the programs solely according to their affordability. See below for the best cheap doctorates in accounting degrees online, ranked from least to most expensive, according to their per credit hour online rate, along with several useful facts about each program.
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Why should I obtain a doctorate degree in accounting?
Simply put, a doctoral degree in accounting can open up a wide range of career tracks and salaries that may not otherwise be available. If you want to ensure you’re educated at the top level of your field, a doctoral degree is your best option. Holding a higher level of degree may also set you apart from the other accountants looking for work. Additionally, earning a doctorate degree in accounting also means that you may be able to contribute to the research surrounding the field in areas like financial policy.
How long does it take to complete a doctorate degree?
Typically, a doctorate degree in accounting will take between four to seven years to complete. This includes about two to three years of coursework, as well as an additional two to four years for research projects and thesis completion. These programs do require long-term dedication, but for many graduates, the benefits far outweigh the investment into earning this degree.
What type of positions can I hold with a doctorate degree in accounting?
There are a number of positions beyond the typical accountant role that doctorate holders in this field can hold. With this degree, you may be able to work as a CFO, professor, financial manager, financial analyst, or researcher, for example. According to the Bureau of Labor Statistics, financial managers earned a median wage of about $134,180 per year as of 2020, while top executives (like CFOs) earned a median salary of $107,680 during the same year.
Angelica Leicht is the schools editor at Best Value Schools who oversees our college rankings, school profiles, and other higher education coverage. She previously served as an education reporter at Kearney Hub, and an editor at the Dallas Observer and Houston Press. Her writing has appeared in Affordable Colleges Online, Bankrate, The Simple Dollar, and elsewhere.
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