Comment on: “The Five‐Year Program Debate Continues: An Updated Analysis of the Supply of and Demand for Master's Degrees in Accounting”

This paper comments on Miller's update of his 1996 analysis of the supply and demand for accounting graduates. His claim that there continues to be an imbalance between supply and demand is shown to be an overestimate resulting from two factors: (1) not using the best data available and (2) limited definitions of those who demand accounting degrees and what qualifies as a Master's degree in accounting.