B.S. IN ACCOUNTING
The main objective of this program is to provide analytical skills and knowledge to enter any branch of the accounting profession with the primary focus of students' studies in the area of Public Accounting. Beginning in August 2009, students who wish to sit for the Certified Public Accounting (CPA) Examination in New York State will be required to have completed a 150-credit hour program. Students who complete both their B.S. degree in Accounting at Old Westbury and their M.S. degree in Accounting at Old Westbury will satisfy this requirement. Students planning to earn an M.S. degree in either Accounting or Taxation should follow the M.S. track offered by the College.
Graduates with an accounting degree will competitively qualify for positions in public accounting, private accounting, government and not-for-profit organizations. The national CPA exam provides an objective evaluation of the preparation level of students for public accounting. Recent statistics indicate that the performance of Old Westbury graduates compares favorably with the graduates of other colleges and universities within the region.
Click this link to obtain current course and admissions details for graduate degrees offered by the School of Business.
M.S. IN ACCOUNTING
Through the expertise of its faculty and innovation of its curriculum, Old Westbury offers an M.S. in Accounting that prepares both accounting and non-accounting professionals to advance in or begin a wide range of careers in accounting and business. The program's objective goes beyond technical training in accounting practices. The Old Westbury faculty encourages students to integrate technical knowledge with ethical judgment - with analytical skills that can be adapted to the ever-changing American business climate - and with the ability to communicate with others for the betterment of their organizations and themselves.
The Old Westbury M.S. is divided into two tracks: a 30-credit program for those who hold an undergraduate accounting degree and a 51-credit program for those holding other undergraduate degrees. Courses are offered over two full semesters each year and two summer sessions - enabling those with an undergraduate accounting degree to complete the program in one full year of study.
M.S. IN TAXATION
The M.S. in Taxation enables accounting undergraduate majors to obtain the M.S. degree in Taxation. The curriculum contains a “Professional and Business Core” of eight courses (24 credits) and “Professional Electives” of 2 courses (6 credits).
The thirty (30) credit track is configured for Accounting majors who will have completed the requirements for the B.S. in Accounting which includes undergraduate courses in Accounting including: Cost Accounting, Federal Income Taxation, Advanced Accounting (with gov’t & not for profit coverage), & Auditing, Commercial Law (6 credits), Business Statistics (3 credits), Calculus (3 credits), Financial Management, Macro & Micro Economics (6 credits), Business Communications (2 credits), and Business Electives as well as the usual complement of general education and liberal arts courses.
The Professional and Business Core” (24 credits) is comprised of six courses in the areas of taxation and two courses in business or accounting electives. The “Professional Electives” (6 credits) includes a selection of two courses from the areas of multi-state taxation, estates & trusts, seminar in taxation, and international taxation. A thesis elective is also available as an option.
Admission to the Old Westbury M.S. is very selective and follows guidelines established by the Association to Advance Collegiate Schools of Business. Applicants must exhibit a proven track record in prior undergraduate and graduate studies. GMAT scores and letters of recommendation are also requirements for admission. To learn more about graduate admissions, click here.
Along with its degree-granting program, the Accounting Department offers a minor that affords students an opportunity to obtain a basic understanding of the financial language organizations use to communicate. It also provides supplemental business skills which the student can offer in the marketplace and broadens career opportunities, as well as provides a foundation for students planning to earn graduate business degrees.