News Details | 05-Apr-2012

NTU’s accounting research ranks first in Asia and seventh in the world

World’s top accounting researcher, Asia’s top two accounting researchers are based at NTU’s Nanyang Business School

Nanyang Technological University’s (NTU) accounting research is once again ranked first in Asia and top 10 in the world. In Brigham Young University’s (BYU’s) 2011 Accounting Research Rankings, which was released recently, NTU was ranked seventh, based on the productivity of its accounting researchers across 11 top accounting journals in the most recent six years. In the area of auditing, the university took a clear lead globally, after sharing the No. 1 spot the previous year with Bentley University. 

Professor Tan Hun Tong retained his standing as the world’s top accounting researcher, followed closely by Professor Clive Lennox, making them Asia’s top two accounting researchers – both based at NTU. Their prolific research output over the last six years, combined with that of 11 other faculty at Nanyang Business School (NBS), contributed to NTU’s steady performance among the world’s top accounting research programmes. 

NTU’s strong showing was achieved largely on the back of relatively recent research by its faculty. In terms of research output over the past 20 years, NTU placed at 25th position. By contrast, the six universities that were ahead in the global rankings – University of Texas at Austin, University of Illinois at Urbana-Champaign, Stanford University, Michigan State University, Ohio State University and University of Chicago – all ranked within the top 15. When research output over the last 12 years is considered, NTU was ranked 9th globally.

Professor Gillian Yeo, Interim Dean of Nanyang Business School said, “The strong endorsement by the BYU’s latest Accounting Research Rankings reaffirms the position of Nanyang Business School as Singapore’s premier business school. This outstanding result, combined with the strong showing by our MBA programme in this year’s Financial Times ranking, and by NTU in other world league tables, is another firm endorsement of our standing among the world’s elite higher education institutions.”

In January this year, NBS’ MBA programme was ranked by the Financial Times as one of the world’s Top 35 and Asia’s Top 10 MBA programmes for a fourth straight year. NBS’ MBA graduates charted the highest salary level compared to other Singapore MBA graduates, with an average pay of US$102,350 a year, three years after graduation. NBS’ MBA programme also ranked first in Singapore for career progression opportunities and successful job placements offered to its graduates.

Professor Tan, the United Overseas Bank Chair Professor of Accounting at NBS, focuses his research on understanding the judgment and decision making processes of auditors and financial analysts and other preparers, users, and financial intermediaries of accounting information. In particular, he is keenly interested in how institutional and environmental features influence such judgments and decisions. He typically uses psychological theories and experimental research techniques to gain insights into fundamental accounting issues. His research interests extend to judgment and decision issues in general management contexts.

Commenting on his latest accolade, Prof Tan said, “A lot of the credit for my research output goes to the great group of co-authors I have been working with.  Many of them are NTU colleagues, including current and former students. They have played instrumental roles. In particular, I have found mentoring students and younger colleagues a very enriching process.”

The BYU Accounting Research Ranking is based on an index of peer-reviewed articles in 11 top accounting journals since 1990, and categorised by topic and methodology.  Further information about the rankings is available at:

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Media contact:

Feisal Abdul Rahman
Senior Assistant Director (Media Relations)
Corporate Communications Office
Nanyang Technological University
Tel: (65) 6790 6687

About Nanyang Technological University

A research-intensive public university, Nanyang Technological University (NTU) has 33,500 undergraduate and postgraduate students in the colleges of Engineering, Business, Science, and Humanities, Arts, & Social Sciences.  In 2013, NTU will enrol the first batch of students at its new medical school, the Lee Kong Chian School of Medicine, which is set up jointly with Imperial College London.

NTU is also home to four world-class autonomous institutes – the National Institute of Education, S Rajaratnam School of International Studies, Earth Observatory of Singapore, and Singapore Centre on Environmental Life Sciences Engineering – and various leading research centres such as the Nanyang Environment & Water Research Institute (NEWRI) and Energy Research Institute @ NTU (ERI@N).

A fast-growing university with an international outlook, NTU is putting its global stamp on Five Peaks of Excellence: Sustainable Earth, Future Healthcare, New Media, New Silk Road, and Innovation Asia.

Besides the main Yunnan Garden campus, NTU also has a satellite campus in Singapore’s science and tech hub, one-north, and is setting up a third campus in Novena, Singapore’s medical district.
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