2007
New master's program offered to help fill growing demand for accountants

New master's program offered to help fill growing demand for accountants
April 13, 2007

Phil Brozynski, Media Relations Manager
(630) 829-6094
pbrozynski@ben.edu

The U.S. Department of Labor predicts that an increase in the number of businesses, changing financial laws and regulations, and greater scrutiny of company finances will drive a growing demand for accountants and auditors over the next seven years. The Master of Science in Accountancy (M.S.A.) program at Benedictine University offers students with or without undergraduate accounting degrees the chance to obtain the competencies, skills and abilities necessary for an accounting career. This program is designed to provide students with an in-depth understanding of U.S. accounting practices and concepts. “The Master of Science in Accountancy program is structured for individuals who have a business-related undergraduate degree but little previous study or experience in accounting,” said Sharon Borowicz, chair of the Master in Business Administration (M.B.A.) and M.S.A. programs at Benedictine University. “The master’s in accountancy degree is vital in furthering one’s career in accounting.” The program is a formal integrated sequence of courses that emphasizes intensive study of topics relevant to the work of a professional accounting, including the competence required for successful preparation for the Certified Public Accountant (C.P.A.) and Enrolled Agent (E.A.) examinations. The program is an excellent way to meet the 150-hour requirement to sit for the C.P.A. exam. The M.S.A. program focuses on broad-based accounting knowledge. Courses in other business disciplines (economics, leadership, management, ethics) are integrated into the program to complement a professional accounting career. Students are taught by acknowledged experts in the field of accounting. Students will gain an understanding of the major technical, conceptual and practical issues in accounting, while gaining an appreciation for the ethical and legal considerations of the accounting profession and the professional judgment and independent attitude necessary to deal objectively with these considerations. “The M.S.A. program will provide students with the professional skills, knowledge and competencies necessary to be successful, professional accountants in today’s complex business environment,” Borowicz said. The M.S.A. program is available in a number of formats. The evening/weekend M.S.A. program is designed for working adults who seek flexibility in their course schedules and plan to register as part-time students. Students usually complete one to two courses per quarter. Classes are conducted one evening per week per class on the main campus in Lisle or in a Friday evening/Saturday morning format. Although many students complete their degree in two years, students have up to six years to complete the M.S.A. Students enrolling in the Dual Degree program (M.S.A. and M.B.A.) can develop powerful credentials and specialized expertise enabling them to successfully meet the challenges of today’s marketplace. The Dual Degree program requires 96 quarter credit hours for completion and can be completed in 36 months or less. The M.S.A. curriculum includes 16 courses – 13 required and three electives – totaling 64 quarter credit hours. Each of the 13 required courses is offered year round. Students are required to successfully complete the 13 required courses and three elective courses at a 3.0 or higher cumulative grade point average. Classes for the Master of Science in Accountancy program begin in Fall 2007. For more information, contact the M.B.A. office at (630) 829-6205.

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Benedictine University is an independent Roman Catholic institution located in Lisle, Illinois just 25 miles west of Chicago. Founded in 1887, Benedictine provides 56 undergraduate majors, 16 graduate and four doctorate programs. The Chronicle of Higher Education recently ranked Benedictine University as the seventh fastest-growing campus among private nonprofit master’s universities, and Forbes magazine named Benedictine among the top 20 percent of America’s colleges for 2011. Benedictine University’s Master of Business Administration (M.B.A.) program is listed by Crain’s Chicago Business as the fourth largest in the Chicago area in 2011.