Master of Science in Accountancy
The Master of Science in Accountancy degree program is a 33 semester hour program consisting of 11 courses that allow students to pursue their professional interests. This online program accommodates both full-time and part-time students.
The Master of Science in Accountancy program is registered to satisfy the 150-hour licensure requirement for New York State and developed in response to two demands. The first was the increasing number of accountants who held undergraduate degrees in accounting and wanted to continue developing in a wide range of professional accounting careers. These careers included public accounting, corporate accounting, not-for-profit accounting and government accounting. Additionally, in view of the 150 credit hour education requirement established by the American Institute of Certified Public Accountants (AICPA) starting in the year 2000, the program was developed to qualify students to sit for professional accounting examinations that lead to credentials such as the CPA (Certified Public Accountant) and the CMA (Certified Management Accountant) designations.
The program is primarily intended for students who have the equivalent of an undergraduate degree in accounting. Students who may not have a background in accounting but desire an opportunity to broaden their capabilities and specialize in this area are afforded the option of doing so. These students would be required to include additional preparatory work in their program and would do that under the guidance of the program coordinator.
The School of Business participates in the "SUNY Learning Network," a consortium of campuses who have joined together to offer graduate and undergraduate online courses. Currently, it is possible to complete the M.S. Accountancy program entirely online (via the World Wide Web). On-line course information is available in the SUNY Learning Network Course Guide and in the Institute of Technology course schedule.
Admission Criteria and Guidelines
Students from undergraduate accounting programs registered as CPA preparation programs will typically have no prerequisite foundation coursework. Other students will be required to complete coursework in accounting, business law, finance, statistics, economics, general business, and liberal arts as appropriate to prepare for the MS degree course requirements.
Admitted students lacking these proficiencies should consult with a graduate advisor to determine appropriate course selection. Prerequisite skills may be fulfilled in a variety of ways including transfer courses, courses at SUNYIT, and College-Level Entrance Program (CLEP) or Regents College Degree (RCD) examinations with appropriate knowledge, but no other documentation.
Scores from the GMAT (Graduate Management Admissions Test) will follow the AACSB International recommended guidelines as a minimum admission criterion:
A total of 1,000 points based on 200 x upper division GPA + GMAT score. A minimum GMAT score of 400 is required.
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