M.S. in Accounting
The SUNY Geneseo M.S. in Accounting meets New York State requirements for CPA licensure and provides a deep foundation in the core skills required for professional success and advancement.
M.S. students must have completed an undergraduate degree in accounting from a registered program prior to entering the M.S. program. There are no exceptions. Undergraduate degrees in general business studies, economics, business communication, etc. are not acceptable preparation for the M.S. and do not qualify applicants for admission. This requirement is driven by NYS licensure regulation and SUNY Geneseo cannot make exceptions to this policy.
The M.S. is designed as a full-time/academic year program that builds on the body of knowledge developed in the undergraduate accounting major. Geneseo's small classes, accessible faculty and carefully designed curriculum all reflect the high quality of our highly regarded accounting program.
The M.S. in Accounting courses will be given in the following rotation:
Acct 502 Advanced Financial Accounting
Acct 510 Advanced Taxation Accounting
Mgmt 511 Financial Management
Mgmt 522 Quantitative Analysis
Econ 525 Managerial Economic Analysis
Acct 503 Strategic Management Accounting
Acct 520 Advanced Auditing Theory
Acct 530 Accounting Theory and Research
Mgmt 500 Leadership in Organizations
Mgmt 550 Information Systems Theory and Practice
The five accounting courses will cover topics in financial, managerial, and tax accounting, advanced audit and a capstone in financial accounting theory and research. Courses with a management or economics prefix will cover information systems, quantitative methods, managerial economics, advanced financial management and electives. See bulletin descriptions for each of these courses.
Advantages of an M.S. in Accounting
Earning an M.S. in Accounting provides the following benefits:
- Enhanced preparation: Fifth-year graduates will arrive in the workplace with a superior level of skills and knowledge. This frequently translates to more rapid advancement and enhanced career prospects.
- Career planning flexibility: Professional mobility requires a CPA license or the ability to become licensed. Many states which already have 150-hr. requirements will not provide reciprocity for out-of-staters who possess only 120 hours. Lack of 150 hours can adversely affect promotions contingent on a transfer, plans to move out of state, or advancement prospects in a market which includes some 150-hr. jurisdictions (e.g. metro NYC).
- Shortened experience requirement: Masters graduates need only one year of work in order to meet the experience requirement for CPA licensure.
- Performance on the CPA exam: There is a growing body of evidence which shows significantly enhanced pass rates for fifth-year students.
Geneseo has an active recruiting process and almost all students in the history of the program have graduated with job offers. M.S. alumni work at each of the Big 4, numerous regional firms, in corporate accounting and government. Geneseo has strong connections to several NYC-based firms and its Accounting Society operates an annual fall networking trip to the city.
SUNY graduate tuition for the year would be $11,735 (2016-17). This price is still extremely competitive with other options for graduate study in the Rochester area.
Financial support for the graduate students will consist of need-based financial assistance packages available to all students. These include Stafford and Perkins loans and College-work study employment.
There are a limited number of graduate assistantships will be available. Matriculated students should contact the program director, Dr. Harry Howe, for additional information.
Candidates should submit the online SUNY Geneseo Graduate School application along with two letters of recommendation (at least one should be from a professor) and the M.S. in Accounting Recommendation Form along with a $50.00 application fee. See the Graduate Admissions Application Requirements page for a detailed listing of application procedures.
Deadlines: September 1, early action (non-binding) for the next academic year and rolling admissions through June 1 on a space-available basis for the upcoming academic year. The candidate should also arrange to take GMATs and to have those results reported to complete the application process.
Current undergraduates who wish to enter the M.S. program typically apply after completing their Junior year. Please note that completion of coursework at Geneseo or acceptance into the college for degree studies under any of the options noted above does NOT guarantee admission to the M.S. program. This condition holds for all Geneseo students, including students who are completing the BS in Accounting program
NYS and Geneseo Requirements
Geneseo's M.S. has been designed to satisfy the New York State Dept. of Education requirements for CPA licensure, Option #2, which includes but are not limited to at least 33 semester hours in accounting with courses in financial accounting theory and principles, managerial accounting, U.S. federal tax accounting, auditing and computer auditing; and 36 semester hours in general business electives including business statistics, commercial law, computer science, economics, and finance. The combination of a Geneseo undergraduate accounting degree and M.S. will fulfill NYS requirements. Please note that the Geneseo M.S. contains fifteen semester hours of accounting; therefore prospective applicants from other schools should have completed a minimum of eighteen semester hours of accounting coursework in order to be eligible for CPA licensure in NYS. Reference & additional information.
For additional information about the Geneseo M.S., contact:
Dr. Harry Howe
Professor and Director, Masters in Accounting Program
School of Business
South Hall 107