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Master of Science in Accountancy

SUNYITThe master of science in Accountancy program is offered by the School of Business online. It is registered to satisfy the 150 hour licensure requirement for New York State. It was developed in response to two demands. The first was the increasing number of accountants who held undergraduate degrees in accounting and wanted to continue developing in wide range of professional accounting careers.

Additionally, in view of the 150 credit hour education requirement established by the American Institute of Certified Public Accountants (AICPA) starting in the year 2000, the program was developed to qualify students to sit for professional accounting examinations that lead to credentials such as the CPA (Certified Public Accountant) and the CMA (Certified Management Accountant) designations.

• Public Accounting
• Corporate Accounting
• Non-profit Accounting
• Government Accounting

The program is primarily intended for students who have the equivalent of an undergraduate degree in accounting. Students who may not have a background in accounting but desire an opportunity to broaden their capabilities and specialize in this area are afforded the option of doing so. These students would be required to include additional preparatory work in their program and would do that under the guidance of the program coordinator.

The School of Business participates in the “SUNY Learning Network,” a consortium of campuses who have joined together to offer graduate and undergraduate on-line courses. Currently, it is possible to complete the M.S. Accountancy program entirely online . Online course information is available in the SUNY Learning Network Course Guide and in the Institute of Technology course schedule.

The Master of Science in Accountancy degree is one of three graduate business degrees offered by the school. The others are the MBA in Technology Management and the Master of Science in Health Services Administration.

Mission Statement

To be a regionally recognized School of Business that emphasizes quality teaching, and applied curriculum, specialized programs, advanced technology, and scholarly contributions. Each area incorporates ongoing assessment of objectives for continuous quality improvement. Our primary mission is as a teaching school, emphasizing high quality undergraduate education enriched through research activities at the undergraduate and graduate levels. The School of Business serves traditional and non-traditional students, distance-learning students, and responds to the needs of organizations in our local community.

Admissions Criteria

Students graduating from undergraduate accounting programs registered as CPA preparation programs will typically have no prerequisite foundation coursework. Students without a baccalaureate degree in accounting will be required to complete coursework in accounting, business law, finance, statistics, economics, general business, and liberal arts as appropriate to prepare for the MS degree course requirements.

Admitted students lacking these proficiencies should consult with the program coordinator to determine appropriate course selection. Prerequisite skills may be fulfilled in a variety of ways including transfer courses, courses at SUNYIT, and College-Level Entrance Program (CLEP) or Regents College Degree (RCD) examinations with appropriate knowledge, but no other documentation.

Admission Guidelines

Scores from the GMAT (Graduate Management Admissions Test) will follow the AACSB (Association for the Advancement of Collegiate Schools of Business) recommended guideline:

A total of 1,000 points based on 200 x undergraduate GPA + GMAT score.

Quality Assurance

The School of Business is committed to continuous quality improvement for all our programs. As part of our quality enhancement initiatives, our School is seeking accreditation by AACSB International.

The Program

The degree program is a 33 semester hour program requiring completion of 10 three-credit hour core courses and 1 three-credit hour elective. The program will accommodate both full-time and part-time students. Students who intend to pursue full-time study can complete the program within an 18 month period. A program of study will be developed with the program coordinator which responds to student desires and the plan for course schedules.


A total of 33 credit hours distributed as follows:

10 Core Courses 30 hours
1 Elective Course 3hours
ACC 585 Financial Reporting/ Analysis
ACC 611

Advanced Income Tax Research

ACC 630 Fund Accounting
ACC 650 Advanced Auditing Theory
ACC 685 Advanced Financial Accounting Theory
FIN 685 Seminar in Accounting and Finance
BUS 505 Multinational Economics of Technology
FIN 525 Financial Management Problems
MGS 511 Quantitative Business Analysis
MIS 515

Management Information Systems

One Elective

Students must attain a grade point average of 3.0 for all graduate courses included in their program. No more than two “C” grade, regardless of overall grade point average, will be counted toward graduation.


The newest campus in the SUNY system offers a technologically sophisticated learning environment on a scenic site of more than 800 acres in the foothills of the Adirondack Mountains just north of the city of Utica, NY. The original $60 million campus complex was completed in 1988; a new $14 million library complex was dedicated in 2003. From classrooms to residence halls, the latest technology complements an intimate, friendly academic experience. Small class sizes offer students the opportunity to work closely with faculty with laboratories featuring stat-of-the-art equipment. Residence halls, a campus center and a vital campus life contribute to the college experience. The Campus Center features a gymnasium, racquetball court, exercise rooms, a swimming pool, saunas, and a 400 seat dining hall.


Dean, School of Business
SUNY Institute of Technology
P.O. Box 3050
Utica, NY 13504-3050