MS in Accountancy Degree

The MS in Accountancy is a 30 credit-hour program providing individuals with the skills and knowledge needed to keep pace with the changes in the practice of accounting.  A unique feature of the program is its focus on risk management and compliance issues, preparing individuals for the growing complexities of the corporate world. 

Many states require 150 total credits to sit for the CPA exam. This degree, along with a 120 credit-hour undergraduate accounting degree, satisfies the course hours required to sit for the exam.  The combined MSA and MBA broadens a student's foundation to include accounting, risk management, and compliance foundation to the breadth of knowledge gained in the MBA program.

Value of the MS in Accountancy Degree

Employers and accounting firms are seeking graduates who understand fraudulent financial reporting, weak internal controls, corporate wrongdoing, ethical standards, and legal requirements. Graduates can help strengthen the financial reporting and risk management practices of their employers or their clients. The MS in Accountancy prepares candidates to understand:

  • Inaccurate or Fraudulent Financial Reporting.  Strategies to reduce significant errors in financial reports.
  • Internal Controls and Compliance. Preventing, detecting, and deterring non-compliance with regulations and policies.
  • Analytical Skills. Problem solving and judgment skills to improve financial reporting and risk management.
  • Ethics and Legal Liability. Integration of ethical values into processes to reduce allegations of wrongdoing and the risk of lawsuits.

Curriculum

Candidates must complete 30 credits with a minimum GPA of 3.0.  A maximum of six (6) credits of equivalent course work may be accepted for transfer from an accredited graduate business program providing that the candidate achieved a passing grade that is acceptable to Saint Peter's. Transfer credit is by permission only, and not an obligation of the University.  There are no waivers granted for undergraduate courses. 

                                                            MSA Degree:              30 Credits

                                                            Core Courses:           15 Credits

                                                            Risk Management:      9 Credits

                                                            Open Electives:           6 Credits

Core Courses (15 Credits)

These courses provide the foundation for the MS in Accountancy.  It is highly recommended that a student follow these courses in sequence.

AC-501Managerial Accounting3
AC-520Financial Accounting and Reporting3
AC-530International Financial Reporting Standards A Taxation course is substituted if the student did not take the course on an undergraduate or graduate level.3
AC-541Internal Controls and Sarbanes Oxley Compliance3
AC-543Forensic Accounting and Internal Auditing3
Total Credits15

Risk Management Business Electives (9 Credits)

These courses provide the program additional depth beyond the concentration of accounting.

Choose three of the following courses9
Business Ethics
Business Systems Interruption
Enterprise Risk Management
Strategic Risk Management
Risk Management and Insurance

Open Electives (6 Credits)

These courses provide the program additional depth and breadth and can be chosen from the courses labeled AC, CS, EC, FN, or GB.

Saint Peter’s may substitute courses where the candidate has already covered the material in an undergraduate or graduate college-level course. Whatever the background, a candidate must complete at Saint Peter’s 30 graduate-level credits with a minimum cumulative grade point average of 3.0.

A candidate who has an MBA from another institution may complete the MS in Accountancy degree program in 24 credits as 6 credits will be waived at the discretion of the Program Director.