Accounting BS, Accounting MS: combined degree
Did you know….
- FDU accounting students have scored number 1, 3 and 5 on the Certified Public Accountant Exam in New Jersey.
- Our accounting program received a national award for innovation.
- Most accounting majors receive job offers one year before they graduate.
- The NJ Society of CPAs, Silberman College of Business, and others award scholarships to FDU students. Read about available scholarships for accounting undergraduate students.
- Three FDU faculty have received the NJCPA Outstanding Educator Award.
- Certified Public Accounting firms are restricting recruiting only to colleges like FDU that qualify students for the Certified Public Accountant exam.
- Students in 4 Plus 1 can graduate with a BS and MS degree in five years.
This cutting-edge program is open to any accounting major in the University. It features state-of-the-art studies in accounting, taxation, and law designed to prepare students for employment in either the public or private accounting sector.
For more information, please reach out to SCBGradAdvising@fdu.edu.
Frequently Asked Questions
The GMAT (or GRE) is no longer required for admissions into our graduate programs as long as you meet other requirements for admissions. Please review our admissions requirements for graduate programs at the Silberman College of Business.
All documents, including transcripts, letters of recommendation, test scores and bank statements must be originals or notarized copies. In addition, notarized or attested English translations of foreign transcripts are required. Facsimiles (faxes), scanned documents or photocopies are not acceptable. Once submitted, all documents become the property of the University and cannot be returned.
A minimum of four years of undergraduate study, or the equivalent, is required for admission. Students with a three-year bachelor’s degree may apply for the Bridge program.
Candidates who graduated after July 1, 2000 may sit for the exam with a Bachelors degree earned at a regionally accredited University and 120 semester hours. However, these candidates are required to meet 150 semester hours to be licensed. See more information concerning the NJCPA exam.
In Sep 2015, New Jersey adopted new regulations. Effective July 1, 2017, candidates need to have completed 24 accounting credits and 24 business credits to sit for the CPA exam.
YES. The BS-MS program meets the current CPA exam education requirement for New Jersey for students that have an undergraduate degree in business. For students who do not have prior business courses, additional business courses are required. New Jersey requires candidates for the CPA exam to have 24 accounting credits and 24 business credits.
BS-MS in Accounting Curriculum
In addition completing the undergraduate business and university core classes, you will complete the curriculum requirements listed below. Beginning with the seventh semester, you will also complete LAW 6657 (fall) and ACCT 6606 (spring) in your senior year. The remaining graduate courses are to be completed during your fifth year. Internships and work programs during the graduate portion of the program also are available.
The structure of the BS-MS Accounting allows you the ability to continue your study of Accounting, earning a Master of Accounting, while also preparing yourself for the CPA examination. Students looking to meet the CPA credit requirement will find that FDU’s 4 Plus 1 BS-MS Accounting degree allows you to do so while attaining a deeper understanding of Accounting theory, concepts, and practices.
For the 4+1 accounting program, the GMAT (or GRE), if required, must be taken before the start of senior year.
Undergraduate Major Accounting Courses
NOTE: Must earn a grade of “C” or better in these courses for undergraduate graduation requirements. Students applying to the 4 Plus 1 program should anticipate earning a B average or better among undergraduate major accounting courses.
- ACCT3241 Intermediate Financial Accounting I
- ACCT3243 Cost Accounting Measurement & Control
- ACCT3242 Intermediate Financial Accounting II
- ACCT3390 Accounting Information Systems
- ACCT4261 Advanced Accounting
- ACCT4263 Auditing Concepts
- ACCT4267 Fundamentals of Federal Taxation
For students who are accepted in the 4 Plus 1 Accounting Program
- ACCT6606 Federal Tax II
- ACCT6680 Selected Accounting Topics
- LAW6657 Applied Business Law
- ACCT6682 Advanced Auditing
- ACCT6690 Seminar: Accounting & Audit Case Studies
Three Graduate Accounting Electives (9 credits)
Two Graduate Business Electives (6 credits)
The CPA educational requirements that must be met by applicants in order to qualify to take the CPA exam vary by state. Additional requirements may apply for licensure, such as work experience, and these, again, may vary by state. In order to determine these requirements, please go to www.NASBA.org.
Lastly, the following CPA review providers may also compile state-specific CPA requirements:
ACCT3241 This course reviews the accounting cycle and has a detailed study of the financial accounting conceptual framework, underlying accounting principles including revenue recognition, income statement and balance sheet presentation, and accounting for assets including cash, receivables, inventories, and fixed assets. Basic differences in relevant US and international accounting standards are identified.
ACCT3242 This course continues the detailed study of financial accounting begun in ACCT 3241. Recent pronouncements of the Financial Accounting Standards Board and their applications, such as in the areas of accounting for liabilities, stockholders equity, dilutive securities, earnings per share, and statement of cash flows. Basic differences in relevant US and international accounting standards are identified.
ACCT3243 This course covers advanced managerial accounting topic
ACCT3390 The problems and procedures concerning the design and installa- tion of accounting systems. Development of account classifica- tions and internal controls with emphasis on the accountant's use of the computer as an aid to management.
ACCT4261 This course studies accounting for mergers and acquisitions, consolidations, partnerships, government, and bankruptcy. Other timely topics may be covered.
ACCT4263 A first course in auditing. This course explores the concepts of evidence and their application to balance sheet and income statement accounts. Additional topics include auditor's reports evaluation of internal control and other engagements.
ACCT4267 An introduction to federal taxation. This course studies tax principles as they affect the individual. Topics include identification of the tax payer; income and deductions, deferral and nonrecognition transactions; and converting taxable income into tax liability. Expert computer system will be used in the course.
ACCT6606 This course is a sequel to ACCT6605 Federal Tax I.It examines taxation as it concerns business entities, such as C and S corporations, LLC's and partnerships. Students are highly encouraged to take ACCT 6605 first. Anyone who has not will be instructed to self-study certain materials from ACCT 6605 for which the text is same.
ACCT6680 A graduate level course for students with a strong financial theory background. The course focuses on a wide range of financial reporting issues. Topics include leasing, accounting for income taxes, accounting for derivatives, foreign currency translation and hedging; accounting for pensions, accounting for share-based compensation, IFRS and cash flow statements.
ACCT6682 The material for the first half of the course introduces the concept of auditing in the environment of a modern information system. The second half of the course covers analytic methods and statistics in an auditing environment.
ACCT6690 A capstone course in the graduate program integrating technical and analytical accounting and auditing skills acquired throughout the program. The course makes exclusive use of case studies and group problem solving with situations found in the corporate and public accounting sectors
LAW6657 This course covers the essential areas of the Uniform Commercial Code, namely contracts, agency, negotiable instruments, secured transactions, bankruptcy, partnerships and corporations. In addition, the Securities and Exchange Acts are given appropriate coverage.