New York University's Stern School of Business will launch a one-year Master of Science in Accounting, beginning in fall 2016.
The program was launched with an eye toward the growing need for accountants, especially in New York. “With the growing emphasis on financial regulation, there has been an increasing demand for accountants in all areas of practice,” says professor Alex Dontoh, the deputy chair of the accounting department at NYU Stern.
“With the concentration of accounting firms – including headquarters of the Big Four – located here in New York, the employment opportunities for accountants are extremely strong.”
The new program will satisfy the 150 credit-hour educational requirement to be certified as a Certified Public Accounting (CPA) in New York State. Additionally, since New York's CPA requirements are so stringent, grads will be well prepared to meet the CPA requirements in other states, such as California, Texas, and Florida.
The MS in Accounting will allow students to choose between two tracks: the Tax Track and the Financial Accounting & Assurance Track. While much of the curriculum is the same between two tracks, there are some differences: students in the Financial Accounting & Assurance Track will take a course in Modeling Financial Statements, for instance, while those in the Tax Track will take a class in Taxes and Business Strategy.
To apply for the program, interested candidates will need a four-year bachelor's degree from an accredited college or university in the US or an equivalent degree from a foreign country. A GMAT or GRE score will also be required, as will demonstrable proficiency in English. Additionally, students will also be required to take a series of seven pre-enrollment courses, covering basics of accounting, statistics, macroeconomics, and other topics.
NYU - Stern is listed by FIND MBA as a top 10 school for a career in accounting or taxation, primarily due to the strength of its MBA concentration in Accounting as well as its placement success in the fields.
There will be two deadlines to apply for the fall 2016 intake of Stern's MS in Accounting: January 5th and March 1st.
For more information, please see NYU - Stern's MS in Accounting program webpage.