MS/MBA in Accounting

The Master of Business Administration (MBA) program has been designed to provide the appropriate academic preparation for individuals to hold professional careers in either the private or the public sector. It is a comprehensive program directed to equip students with the theoretical basis complemented with necessary tools, techniques, skills, and applications to cope with the complexities and demands of the internal and external business environments, and to make better decisions.

The program builds on and develops fundamental knowledge in the area of accounting. Students are guided and mentored as to the appropriate pedagogical methodologies needed to acquire critical analytical skills and research capabilities. The individual course of study follows a personalized, interdisciplinary curriculum developed in conjunction with the graduate advisor. The program is a 39 credit-hour, self-contained program. The length of the program for a full-time student is normally two years, but the degree may be earned in less time by attending summer session courses.  

The program is committed to providing its students with the targeted education and technical knowledge necessary to enter the accounting profession, and to pursue a successful professional career. The field of Accounting offers challenging and rewarding opportunities in public accounting, auditing, and tax accounting in industry, government, and commercial enterprises. It also prepares students to continue their professional careers by pursuing technical advanced certificates and diplomas, for example, Certified Public Accountant (CPA), Certified Management Accountant (CMA) and Certified Internal Auditor (CIA).

ECO 500 Business Economics Placement Test
FIN 500 Financial Management Placement Test
MGT 500 Contemporary Management Placement Test
MGT 501 Adv. Quantitative Methods in Business Placement Test
MGT 502 Research Methods in Business Placement Test
MKT 500 Marketing Management Placement Test
ACC 500 Managerial Accounting Placement Test
ACC 540 Contemporary Professional Acc.Theory ACC 500
ACC 560 Advanced Financial Accounting ACC 500
ACC 565 Accounting Information Systems ACC 500
ACC 575 Financial Statement Analysis ACC 500
ACC 580 Advanced Auditing ACC 500
ACC 585 Budgeting Planning and Control ACC 500
ACC 587 Taxation ACC 500
ACC 590 Special Topics in Accounting Consent of Advisor
ACC 595 Seminar in Accounting Consent of Advisor
ELECTIVES (9 credits)
The electives are to be chosen from other concentration courses with the consent of the advisor, and may include the following courses
ACC 598 Reasearch Project in Accounting Consent of Advisor
ACC 599 Research Thesis in Accounting Consent of Advisor
Course Descriptions
ECO 500
Business Economics
Students are presented with advanced concepts and analytical tools of microeconomic theory: demand, supply and equilibrium; opportunity cost; efficiency; perfect and imperfect competition; oligopoly and game theory; risk and uncertainty; economics of information; investment; public goods and externalities. Applications and case studies in managerial decision-making. Furthermore, this course shall emphasize to students the mutual relationship between the macroeconomic environment and business, including how fiscal, monetary, foreign exchange, and other policies of the government interact to help shape the macroeconomic environment. Causes and consequences of inflation and unemployment. Economic growth and technological progress. Open economy, international flow of goods and capital, exchange rates.
Prerequisite: Placement Test
FIN 500
Financial Management
Concepts and theories applicable to the financial administration of a firm. Cases, problems, and readings to illustrate various financial problems and techniques for solving such problems. Topics include valuation, risk and return, capital budgeting, cost of capital, financial analysis and planning, and working capital management.
Prerequisite: Placement Test
MGT 500
Contemporary Management
Students are coached to build on the different management theory approaches so that they are capable to integrate appropriate skills for better decision-making, to acquire an understanding of the practices related to leadership and organizational behaviour of the business constituents to manage structure and change affecting business strategies and to develop an understanding of the recent trends in management theory.
Prerequisite: Placement Test
MGT 501
Adv. Quantitative Methods in Business
Examination of important quantitative approaches to management decision-making. Application of various analytical methods, models, and theories to a variety of management decision areas. Use of tools such as decision theory, simulation, PERT/CPM and linear programming to minimize risk and uncertainty in management activities. Quantitative controls and decision support as applied to the operations of business. Advanced applications in business analysis, decision support, and development of decision support system. Introduction to econometric techniques used in business: Simple and multiple regressions.
Prerequisite: Placement Test
MGT 502
Research Methods in Business
Applications of research methods to facilitate business enterprise decision-making. Topics include review of the different research methods used (qualitative and quantitative), business environment analysis and problem definition, secondary literature review, data collection methodology as tied to hypotheses defined, questionnaires design, sampling techniques, statistical validation and results interpretation. Several cause-effect techniques studied. Students are to work on a research topic to experiment with these topics.
Prerequisite: Placement Test
MKT 500
Marketing Management
Controllable and uncontrollable marketing variables in today's business environment. Topics include factors affecting consumer demand and methods of satisfying it, market structure, and product-mix selection, distribution, promotion, pricing, and market research. The course structure, projects, and cases are designed to develop the students' ability to generate effective marketing strategies in the face of uncertainty in group and competitive setting. Marketing planning, marketing research, designing, and marketing policies will be implemented.
Prerequisite: Placement Test
ACC 500
Managerial Accounting
This course builds on the concepts of managerial accounting for internal decision-making. Major topics included are product costing, emphasizing costing approaches used in today's business environments, relevant costs for decision analysis, variance analysis, divisional performance evaluation, and transfer pricing. Interpretation of accounting data in planning, controlling and decision-making. The course provides a detailed look at the development and use of management accounting information in operational decision settings. The emphasis is on the identification and measurement of cost drivers and the uses and limitations of management accounting information. The concepts and methods are applied to both manufacturing and service organizations.
Prerequisite: Placement Test
ACC 540
Contemporary Professional Acc.Theory
Modern accounting theory. An accounting policy course studying auditing, tax, systems, internal and external reporting and international aspects of business cases.
Prerequisite: ACC 500
ACC 560
Advanced Financial Accounting
This course introduces the concepts and methods used in corporate financial statements for the information of investors and other interested external parties. Readings, problems, and cases are used. Major topics included are: The Basic Accrual Model, Analysis of Transactions, Balance Sheet, Income Statement and Cash Flow Statement Construction and Analysis. The course also emphasizes analysis of cases and actual financial reports and concerns the applications of the concepts and methods of financial accounting to issues such as long-term assets, inventory, sales, receivables, debt securities, corporate ownership, and international operations. The course focuses on topics that involve unique disclosure problems. The topics covered in this course include the reporting of financial resource flows, earnings per share reporting, segment reporting, interim reporting, price-level reporting and the reporting of inter-corporate investments, including consolidated financial statements and fund accounting in non-business entities.
Prerequisite: ACC 500
ACC 565
Accounting Information Systems
Examines the principles and components governing management information systems with strong emphasis on the importance of internal control within system. illustrates the role of the computer in accounting transactions processing and issues related to designing the system.
Prerequisite: ACC 500
ACC 575
Financial Statement Analysis
A study of the demand and supply of financial data, properties of numbers derived from financial statements, the role of financial information in investment decisions, and features of the decision-making environment. Application of economics, finance theory, and quantitative methods to the study of financial statement information; earning management, cash flow analysis in measuring actual economic performance; usefulness and limitations of traditional ratio analysis; statistical properties of financial statement data; cross-sectional and time-series analysis of financial statement numbers; use of financial statement information for asset pricing; capital markets reaction to firms announcements; association between security returns and accounting earnings; relationship between financial information and valuation models, corporate restructuring, financial distress analysis and prediction.
Prerequisite: ACC 500
ACC 580
Advanced Auditing
Examination of the generally accepted auditing standards, professional ethics, and legal liability. The role of the auditor, the organization of the accounting profession, the current audit environment. Theory of auditing and practical examples of auditing techniques and work programs. Emphasis on auditing aspects of EDP, use of statistical sampling techniques in connection with audits of financial data, filings with the regulatory agencies and other public accounting related topics.
Prerequisite: ACC 500
ACC 585
Budgeting Planning and Control
Budgeting is a major tool of managerial planning and communication. Once adopted, the plan serves as a reference for control. Surveys the basic principles and techniques of budgeting preparation, performance evaluation and feedback systems. Managerial issues in internal accounting and control in uncertain and dynamic environments are studied as well as the technical issues.
Prerequisite: ACC 500
ACC 587
The theory, techniques and considerations in taxation will be analyzed in situational contexts. Tax planning in integrating personal and corporate taxation issues; sale of a business, rollovers and personal tax planning will be addressed.
Prerequisite: ACC 500
ACC 590
Special Topics in Accounting
Introducing new trends and developments in Accounting. A multiple set of one credit courses based on case studies and projects.
Prerequisite: Consent of Advisor
ACC 595
Seminar in Accounting
Developed to introduce the most recent applications in the field of Accounting. Students are coached and mentored to use critical thinking and problem solving techniques. Case studies are used.
Prerequisite: Consent of Advisor
ACC 598
Reasearch Project in Accounting
Students aim to apply theoretical and practical concepts into a selected field of accounting. The final work is a review of secondary literature or building a case study to reveal a trend or a specific behavior characteristic of the working environment. This research may reveal some originality.
Prerequisite: Consent of Advisor
ACC 599
Research Thesis in Accounting
Students conduct a full-fledge research using a specific research methodology to investigate in depth an issue related to accounting practices. Original research
Prerequisite: Consent of Advisor

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