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The New York City school system is an incredibly well-funded machine and opportunities for students seeking accounting graduate programs in New York are plentiful.
The state of New York was the home of Woodstock, the first American chess tournament, and was the launching point for the first successful steamboat ride, in addition to several other amazing “firsts” that make the state unique and profoundly memorable. New York has seen explosive population growth in the last few years with New York City in particular seeing thousands of new residents every year. Not only can students find their pick of the perfect accounting school in New York, but the state also has many jobs available for accountants and tax professionals, which means attending school in the state and being eligible for CPA status can be a lucrative career choice.
Baruch College-The City University of New York (New York)
The Zicklin School of Business
Located in the Flatiron District of Manhattan, Baruch College offers several undergraduate, graduate, and Ph.D. degrees via its Zicklin School of Business. Zicklin is the largest school of its kind in the United States. Zicklin is also one of the oldest business schools in the world, having been established in 1919. As part of the City University of New York (CUNY) system, Baruch has offered the world 12 Nobel laureates, a Supreme Court Justice, and a U.S. Secretary of State. Accounting majors who wish to enroll in CPA training, study for a master’s degree, or obtain a doctorate in accounting would be hard-pressed to find a better university than Baruch College.
Accountancy/CPA (MBA)
This program satisfies New York State’s CPA requirements so students wishing to advance their career by becoming a CPA should consider this degree. One of the features that makes the MBA program different from other accounting degrees is that there are more credits required for an MBA program than a straight master’s degree tract. MBA students take several tax and law courses so as to satisfy CPA requirements for the program, and students must sign a schedule of classes as designed by the student’s accounting advisor. Students will end up taking around 21 or 22 courses, which equals somewhere between 69 to 72 credits total. The program acts as a single year of the two-year requirement of auditing experience needed to qualify for CPA status.
MBA in Taxation
Individuals who wish to work in taxation in a meaningful role where work involves tax planning and tax counseling will want to consider Baruch College’s MBA in Taxation. This degree offers a broad curriculum that covers tax issues, as well as tax management matters. Students who have already been enrolled in a taxation program as an undergraduate and wish to enroll in a more focused type of study may want to consider this MBA program so as to ease the path toward CPA certification. Students who complete the MBA will be eligible for breaks on the amount of experience required by the State Board of CPA Examiners. Some of the classes students may expect to take will include Principles of Federal Income Taxation, Corporate Taxation I and Partnership Taxation.
Master of Science (MS) in Accountancy (CPA Program
Upon receiving a bachelor’s degree, students may want to consider the Master of Science in Accounting option at Baruch, which is focused upon turning students into effective Certified Public Accountants. The school accepts students with business degrees or a degree in accounting, and upon completion students will have satisfied the requirements for the New York State CPA exam, which requires test-takers to complete 150 credit hours before sitting for the test. The school suggests that students who don’t have an undergraduate degree in business may want to enroll in the accounting major program instead. The program also accepts course waivers, but does have a minimum number of credits each student must complete no matter his or her transfer credits.
The Master of Science (MS) in Taxation
The purpose of the Taxation master’s degree at Baruch is to give students the knowledge they need to work in taxation in an area that requires responsibility and leadership. One of the most important features of a person working in taxation is the ability to research as well as interpret the new laws and issues that come about in the industry. The only way to become an effective worker in taxation is to understand that certain issues change and that tax issues often find a new interpretation with new laws. Students in this program don’t need to come to the program with an accounting degree or a business degree; however, related degrees do help with the coursework for this major. Students may attend this program in a variety of ways, depending on their needs. There are full-time and part-time study options available.
Executive MS in Financial Statement Analysis (Accounting & Finance)
The subjects of accounting and finance converge in the Executive MS in Financial Statement Analysis option. This degree takes just 10 months due to its accelerated nature, and students study topics on accounting, economics, ethics, and other important issues that impact financial markets and reporting. The program makes use of a partnership with the Chartered Financial Analyst Institute, which is a non-profit group that works to ensure individuals working in accounting are proficient in a variety of complex yet vital areas within accounting. This program has strict academic requirements, and many of the incoming students already have a graduate degree when they enroll. For reference, the average GMAT score of students in the program is 610 and most students have an undergraduate GPA above 3.22.
Doctoral Program in Business with Specialization in Accounting
When a student decides to enroll in a doctoral program, the end goal is often to become a teacher, researcher, or someone with the ability to change the industry from the perspective of an examiner. Within Baruch’s accounting doctoral program, students are educated as accounting researchers and delve into empirical changes impacting the accounting industry. Some of the classes students will take during the course include Empirical Research in Accounting and Current Issues in Managerial Accounting. In addition, students will write a dissertation under the supervision of faculty and will need to remain enrolled at the college until the dissertation is complete.
Accreditations
- The Association to Advance Collegiate Schools of Business (AACSB)
- Middle States Commission on Higher Education (MSCHE)
Contact
151 E. 25th Street
Room 820
New York, NY 10010
Phone: 636.312.1300
Fax: 646.312.1301
maria.dibenedetto@baruch.cuny.edu
Program Website
Hofstra University (New York)
Frank G. Zarb School of Business
Located east of New York City, Hofstra University was opened in 1935 and was initially part of New York University. After a few years, the college became an independent institution. The school would eventually feature ten different schools including the Frank G. Zarb School of Business, which offers several different accounting degrees at every level of study. There are between 12,000 and 13,000 students who study at Hofstra, and the school is also a private institution. The sports teams for the university used to be known under the unofficial name of the Flying Dutchmen, but the school changed that nickname to the official name of “The Pride,” which was meant to symbolize a pair of lions for the school’s mascots.
Accounting, M.S.
The state of New York is like most other states that require certain course work be taken by CPA applicants before full status may be obtained, and Hofstra’s master’s degree in accounting satisfies the state’s requirement. At a minimum, students must have 33 credits in accounting with the remaining in business. Students may transfer into the program with credits already obtained in a different program and Hofstra will work with the student to ensure completion of a program and degree that satisfies the requirements for study as a CPA. Students are given freedom to pursue coursework that satisfies overall accounting requirements, but which isn’t a strict set of classes that all students take. There are also some accounting electives that offer more freedom for students who wish to study a specific area of accounting such as accounting and law, government, or auditing.
Taxation M.S.
Students who are interested in tax law will want to investigate the M.S. in Taxation program at Hofstra, which is an appropriate method for satisfying the 150-semester hour requirement that students must accomplish for CPA status. As with many programs designed by the school, faculty will assist students in creating a program that will take into account classes already taken that will satisfy the CPA requirements as well as classes that complement the student’s educational background and career goals. Hofstra is often very interested in helping students complete a degree when they might have prior and relevant experience or classes taken elsewhere. Students should be able to set aside enough time each year to finish the program within five years since Hofstra places a time-limit on how long may be taken to obtain the degree.
Accounting, M.B.A.
For students who wish to move into managerial positions, the M.B.A. with an accounting focus might be the best option. Hofstra’s program prepares students for work in a variety of different industries and helps cultivate core business practices to help students navigate the analysis and strategy of modern business. Note that the program isn’t designed to satisfy the curriculum requirements for students who want to become CPAs. However, students who wish to obtain licensure as a CPA may still enroll in this MBA program and take additional courses to satisfy class requirements. As long as a student has a bachelor’s degree from an accredited university there’s no other requirement for type of degree required for admittance into the program. Some of the classes a student might expect to take include Accounting in a Global Environment, Tax Accounting, and Financial Reporting and Analysis.
Taxation, M.B.A.
Students learn strategy and analytic skills in the M.B.A. program in Taxation at Hofstra. Applicants don’t need to hold a bachelor’s degree in a specific industry to apply for the Taxation M.B.A. program although the university degree must be one that’s from an accredited institution. Students who enroll in this program routinely come to the school with all types of educational backgrounds. Bachelor’s degrees earned by students often come from non-accounting backgrounds like social sciences, engineering, the humanities, and education. In addition, the school looks at each application and makes a decision for admittance based upon several factors which go far beyond traditional test scores.
Accounting, Professional Accountancy, M.B.A.
Many students major in business and then transition easily to an M.B.A. program of their choice. Students who major in something unrelated to business, on the other hand, aren’t always able to enroll in an M.B.A. program. The Accounting and Professional Accountancy M.B.A. from Hofstra is different in that any student can apply as long as he or she has obtained a bachelor’s degree. Students will be eligible for licensing with New York State upon completion of the program since the M.B.A. features 33 credits in accounting and 36 additional credits in business. It’s important to note that a student can only earn an M.B.A. if the credits for the degree are completed within five years of initial study at the university. Students who must complete military service tend to be exempt from this requirement.
Accounting (B.B.A.) and Accounting (M.S.), Dual-degree Program
The B.B.A. and M.S. dual-degree program is a smart option for students who already have an idea of where they’d like to go after college and know that graduate study will be necessary. The way in which the program works is that students apply for the M.S. portion of the program after completing at least 92 semester hours of course work. This tends to be at the end of the junior year; however, the timeline varies slightly depending on a student’s total course load. Students must keep their grades up during undergraduate study because admittance into the graduate classroom isn’t an option without a cumulative GPA of 3.2. It’s also important that students take the GMAT before they start taking graduate classes, which usually means the test needs to be taken early during the junior year.
Accounting (B.B.A.) and Taxation (M.S.), Dual-degree Program
Students who wish to accelerate their timeline through school will want to consider the dual degree program from Hofstra, which allows students to earn a Bachelor of Business Administration (B.B.A.) alongside an M.S. in Taxation. Students must complete 119 semester hours in undergraduate classes as well as 30 semester hours in graduate level classes. Students who have already taken undergraduate courses may be allowed to use some of those previous classes for the total semester hour requirement for the degree. Students must also ensure successful completion of the Graduate Management Admission Test (GMAT) before their time in school ends due to the inclusion of graduate-level classes in the curriculum. Students must also maintain a cumulative GPA of 3.2 in undergraduate courses in order to move on to the graduate level classes.
Accreditations
- The Association to Advance Collegiate Schools of Business (AACSB)”
- Middle States Commission on Higher Education (MSCHE)
Contact
Frank G. Zarb School of Business Graduate Programs Office
Accounting
300 Weller Hall
Hempstead, New York 11549-1000
Phone: 516.463.5683
graduatebusiness@hofstra.edu
Program Website
As a Mid-Atlantic state with some of the best and brightest academic minds in the world, New York is an amazing place in which to get an education. In New York City alone there are at least 35 significantly sized universities and colleges offering exceptional classroom experiences. New York City spends an incredible $24 billion on its students annually, just within the confines of the city, and teachers provide instruction to over a million students each year. Institutions of higher learning like Hofstra University and Baruch College are just a few of the terrific schools offering accredited accounting graduate programs in New York.
Further Reading: Graduate Schools Accredited in Accounting in New York (I-Z)
