Difference between revisions of "Accounting Program Rankings"

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(New page: '''Accounting Doctoral Programs Rankings''' Ranking different institutions is a difficult construct. In order to do so, you must determine what characteristics are desirable in an instit...)
 
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'''Accounting Doctoral Programs Rankings'''
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There are two excellent resources available to learn more about accounting rankings.  The resources are the BYU Accounting Rankings and the UT Dallas Rankings. 
  
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Ranking different institutions is a difficult construct. In order to do so, you must determine what characteristics are desirable in an institution.  There have been many different rankings based on many different things, and the purpose of this ranking is to combine all the rankings in order to demonstrate what program excels at all the different parameters defined in rankings, and not merely on one narrowly constructed characteristic.  I combine 7 different rankings in order to get a list of the top programs, using such parameters of perceived quality of the institution by other academics, faculty productivity in the accounting and business journals, recent graduate research productivity, and quality of job placement upon graduation.  I took each ranking and got the top 25 schools in each ranking system. Then, every school on this list that was not included in the ranking is given a ranking of 26. In the end, we subtracted a schools added rankings from 156, and the school with the lowest score wins.  I use the following rankings:
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==BYU Accounting Rankings==
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[http://www.byuaccounting.net/rankings/ The BYU Accounting Research Rankings] provide several different types of rankings.  They rank institutions, Ph.D. programs, and individual faculty.  Their rankings also provide different rankings for topical areas (AIS, audit, financial, managerial, tax, and other) and methodologies (analytical, archival, experimental, and other).  They also rank the cross of each topical/methodological area (e.g., financial-archival, financial-experimental, etc.).  Each ranking is further divided into a 6-, 12-, and 20-year window.  Another important aspect of the BYU accounting rankings is that the rankings only give credit to authors who are currently at the institution (for the university rankings).  Almost all other rankings give credit to the institution for a faculty member's publications even if the individual has left the university.  The Ph.D. rankings give credit to Ph.D. programs based on the productivity of a program's graduates.  Full information for ranking methodologies can be found [http://www.byuaccounting.net/rankings/univrank/studydescription.php here].   
  
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'''''Public Accounting Report Annual Surveys from Years 2005 and 2006:'''''  The trade journal The Public Accounting Report surveys faculty members and accounting firms, and these are the results of the survey. By including two years of data, this parameter is doubly weights, and, given the value of being highly regarded in the field, this seems reasonable.
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* [http://www.byuaccounting.net/rankings/ BYU Accounting Research Ranking Website]
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* [http://www.byuaccounting.net/rankings/phdrank/phdrankings.php BYU Accounting Research Rankings of Ph.D. Programs]
  
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'''''Number of Publications in Top Three Accounting Journals by Faculty:''''' This is from a database put together by the University of Texas at Dallas, and measures the number of faculty publications in the top three accounting journal from 1990 to 2007.  It weights the publications for multiple authorship, and for the number of faculty at the school.
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==UT Dallas Rankings==
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From the [http://top100.utdallas.edu/ UT Dallas Rankings] website: "The UT Dallas' School of Management has created a database to track publications in 24 leading business journals. The database contains titles and author affiliations of papers published in these journals since 1990. The information in the database is used to provide the top 100 business school rankings since 1990 based on the total contributions of faculty." 
  
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'''''Number of Publications in all major business journals by Faculty:''''' While accounting publications are important, most accounting faculty would be pleased with a hit in the Journal of Finance, for example. Thus, the overall productivity of a university in all business publications is important. This is from the same UT at Dallas database, but includes all major business publications.
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[http://top100.utdallas.edu/ UT Dallas Rankings]
  
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'''''Larry Brown Productivity of Recent Graduates:'''''  While productive faculty are important, one important measure of a PhD program is the productivity of the graduates of the program.  Larry Brown ranks programs based on the number of publications of graduates of the institution in the top three accounting journals 5 years after graduation.  This number involves graduates from 1995-1999.
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{|style="width:100%;margin-top:+.7em;"
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'''''Placement Rankings from Stammerjohan and Hall (2001):''''' (Journal of Accounting Education
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Volume 20, Issue 1, Winter 2002, Pages 1-27 ) This ranking considers placement from 1978 to 1997 from PhD programs in accounting.  Institutions are ranked based on the quality of where their graduates go directly after graduation.  The quality of the institutions where graduates go is gages based on US News and World Report: America's Best Colleges (1997).    
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! style="background:#fafaFe; color:black; height: 20px" | <small>[[Main Page]] ► [[University Information]] ► [[Accounting Program Rankings]]</small>
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As mentioned, rankings are a difficult construct, and there are certainly limitations to this methodology. Perhaps the most important is that some programs wane over time, and as some of these rankings are based on how programs performed a decade ago, what was a very good program may have lost a lot of good faculty, and have subsequently become not as desirable. 
 
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The standard deviations of the 6 different rankings are reported.  Notice that the schools with smaller standard deviations are more consistently ranked in that same spot throughout the different rankings, thus, while MIT shines on some rankings, its poor performance on others lands it at number 17, but with a relatively volatility in where it is ranked, and thus a high standard deviation.
 
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Interestingly, none of the individual rankings seem to jive with the general opinion of programs we receive in the pre-PhD program, but when you combine them all, it is much more representative of the impression I, at least, had.  Anyways, for what it is worth, here are my rankings:
 
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I am figuring out tables.  Please excuse me.
 
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Rank SD University
 
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1 2.79 University of Chicago
 
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2 3.69 Wharton School of the University of Pennsylvania
 
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3 3.33 Stanford University
 
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4 4.64 University of Michigan
 
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5 9.42 University of Texas-Austin
 
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6 6.07 University of North Carolina
 
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7 8.16 Northwestern University
 
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8 5.28 University of Washington
 
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9 7.68 Harvard University
 
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10 9.39 Cornell University
 
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11 7.92 University of Southern California
 
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12 8.82 University of Illinois
 
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13 11.1 Rochester
 
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13 7.79 University of Iowa
 
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15 9.52 Indiana University
 
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15 5.79 Michigan State University
 
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17 9.93 MIT
 
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18 10.13 New York University
 
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19 4.03 Penn State University
 
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20 9.07 Berkley
 
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21 8 Columbia University
 
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22 5.68 Ohio State University
 
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23 9.2 Duke
 
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24 6.06 University of Arizona
 
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25 5.71 University of Minnesota at Twin Cities
 

Latest revision as of 07:31, 12 May 2010

There are two excellent resources available to learn more about accounting rankings. The resources are the BYU Accounting Rankings and the UT Dallas Rankings.

BYU Accounting Rankings

The BYU Accounting Research Rankings provide several different types of rankings. They rank institutions, Ph.D. programs, and individual faculty. Their rankings also provide different rankings for topical areas (AIS, audit, financial, managerial, tax, and other) and methodologies (analytical, archival, experimental, and other). They also rank the cross of each topical/methodological area (e.g., financial-archival, financial-experimental, etc.). Each ranking is further divided into a 6-, 12-, and 20-year window. Another important aspect of the BYU accounting rankings is that the rankings only give credit to authors who are currently at the institution (for the university rankings). Almost all other rankings give credit to the institution for a faculty member's publications even if the individual has left the university. The Ph.D. rankings give credit to Ph.D. programs based on the productivity of a program's graduates. Full information for ranking methodologies can be found here.

UT Dallas Rankings

From the UT Dallas Rankings website: "The UT Dallas' School of Management has created a database to track publications in 24 leading business journals. The database contains titles and author affiliations of papers published in these journals since 1990. The information in the database is used to provide the top 100 business school rankings since 1990 based on the total contributions of faculty."

UT Dallas Rankings

Main Page ► University Information ► Accounting Program Rankings
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