Accounting and Financial Management Joint BBA/MS Degree Program

Overview | Program and Courses | Faculty | Corporate Internship Opportunities | Career Opportunities | Career and Industry Links | Convenient Location | Admission | Contact Us | Quick Links for Prospective Students | Apply Now
 

Overview
The BBA Public Accounting/MS Financial Management Program is a joint degree, five-year, full-time program designed to provide students with the coursework required to qualify to become CPAs, and with an in-depth understanding of finance to become financial managers and chief financial officers of global corporations and financial institutions. The program satisfies the New York State 150-credit-hour requirement for the CPA certificate and provides the core of finance knowledge needed to advance to a career in financial management. You will be fully prepared to take the CPA exam upon graduation. In addition, students will cover a substantial amount of the material required to prepare them for the Chartered Financial Analyst (CFA) designation. The program gives students a thorough understanding of several areas in accounting and finance - financial and managerial accounting, taxes, capital budgeting, cash flow valuation, risk management, capital structure, dividend policy, mergers and acquisitions - and more. The BBA/MS program also provides students with the opportunity to complete both degrees in five years, in less time than is normally required, while avoiding the duplication that often occurs in separate academic programs. Currently no school in New York City or Westchester County offers this type of joint degree program. Pace was founded as a school of accounting in 1906 and has been offering accounting and finance courses for over 100 years.

The Lubin School's degree programs are accredited by AACSB, the Association to Advance Collegiate Schools of Business, the premier accrediting organization for business schools in the world. The relevance and innovation of our programs has resulted in our being awarded the prestigious AACSB Accounting Accreditation. Fewer than two percent of business schools internationally currently have this dual professional and accounting accreditation from AACSB.

Program and Courses
The accounting and finance departments offer the accelerated 150-credit Combined BBA/MS Program for highly qualified students who wish to prepare for the public accounting profession and earn both a BBA and MS. The program is registered with the New York State Education Department as meeting both the current education requirements for CPA licensure and the 150-credit hour requirement. Graduates of the Combined BBA/MS Program satisfy the current requirements for the one-year CPA experience waiver in New York State. The program also meets the educational requirements for admission to the CPA examination in most other states, including those which require 150 credit hours.

Pace University has over one hundred years of experience in preparing students for successful accounting and finance careers. The program's accounting curriculum provides students with the knowledge, skills, and experience necessary to succeed in today's complex business world. Students work in teams on real world-problems and conduct a simulated audit during their final semester. The financial management curriculum provides thorough knowledge and understanding of the importance of financial analysis in the valuation of public and private firms, as well as the efficient management of the assets, liabilities, and capital funds in the corporate sector. Classrooms and labs are equipped with the latest technology and software, and students will conduct empirical financial research on real companies using databases such as Bloomberg, Compustat, CRSP, and Audit Analytics. Students also develop a heightened sense of ethics, professionalism, and globalization.

Full-time students will be able to complete the Combined BBA/MS Program in five years, or four years with additional summer study.

 
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DEGREE REQUIREMENTS

Undergraduate Requirements

University Core (60)

Business Core (24)
ACC 203 Financial Accounting (4) *
ACC 204 Managerial Accounting (4) * (prerequisite: ACC 203)
LAW 101 Business Law I (3)
MAT 117 Elementary Statistics (4) (prerequisite: MAT 104)
FIN 260 (FIN 301) Financial Management (3) (prerequisites: ECO 106; ACC 203; MAT 104; and MAT 117;corequisite: ACC 204)
MAR 250 Principles of Marketing (3)
MGT 250 Managerial and Organzational Concepts (3)

* ACC 203 and ACC 204 are calculated in major GPA.

Major Undergraduate Requirements (15)
ACC 301 Intermediate Accounting I (4)
ACC 302 Intermediate Accounting II (4)
ACC 319 Cost Accounting (4)
ACC 375 Accounting Information Systems (3)

Auxiliary Courses (13 credits)
FIN 320 Advanced Financial Analysis (3)
LAW 360 Advanced Business Law (4)
TAX 310 Federal Income Taxation I (3)
TAX 311 Federal Income Taxation II (3)

TOTAL UNDERGRADUATE CREDITS: 113

Graduate Requirements

MS Prerequisite Courses (3 credits)
MBA 646 Data Analysis for Decision Making

Graduate CPA Accounting Courses (11 credits)
ACC 620 Advanced Accounting (3)
ACC 632 Auditing I (3)
ACC 635 Auditing II (2)
ACC 649 Contemporary Accounting Issues (3)

Core Courses (18 credits)
ACC 645 Theory and Analysis of Financial Statements (3)
FIN 644 Money and Capital Markets (3)
FIN 647 Advanced Topics in Financial Management (3)
FIN 667 Valuation of the Firm (3)
FIN 649 International Corporate Finance (3)
FIN 689 Financial Analysis and Policy (3)

Specialization Electives (6 credits)
Choose two of the following courses:
FIN 634 Entrepreneurial Finance
FIN 648 Mergers and Acquisitions
FIN 661 Corporate Financial Risk Management
FIN 677 Seminar in Finance
FIN 680 Contemporary Topics in Finance and Economics
FIN 692 Research Project
ECO 630 Game Theory for Business Decisions
MBA 673 Applying Financial Modeling to Managerial Decision Making

Capstone Course (3 credits)
MBA 688 Business Strategy and Stakeholder Responsibility (3)

TOTAL GRADUATE CREDITS INCLUDING PREREQUISITE: 41

COMBINED BBA/MS CREDIT TOTAL: 154

Click the course number to view the course description, or click to view all accounting courses or all finance courses

Faculty
Lubin faculty is comprised of accomplished practitioners and scholars who offer students a stimulating and interactive learning experience. Their research is often quoted in publications such as Fortune, Business Week and The Wall Street Journal. Highly qualified faculty with extensive industry experience contribute to the accounting and finance programs. They bring not only academic excellence, but also industry savvy to the classroom. Visit the Accounting Department Web page for more information about accounting faculty and the Finance and Economics Department page for more information about the finance faculty.

Career Opportunities
The Bureau of Labor Statistics has projected a 22% increase in employment growth in accounting by 2018. The scope of services provided by certified public accountants (CPAs) and other professional accountants is constantly broadening as business activities expand and become more complex. Therefore, the need for well-qualified accounting students with a heightened level of professionalism has never been stronger. The Big Four accounting firms all actively recruit our students for both internships and full time positions. The success of the program is measured by the success of our alumni. Several of our alumni have undertaken significant leadership roles as partners in Big Four accounting firms. Our graduates are also successfully employed by smaller accounting firms, government agencies, and private corporations in the tri-state region. In the financial sector, careers are available in the finance departments of industrial and service corporations, or more specifically in their M&A, treasury, cash management, or corporate development and strategic planning departments. Career possibilities also include firms that specialize in providing financial services, such as financial institutions, brokerages, insurance companies, among many others, and also in government institutions and in not-for-profit organizations. The success of our program is measured by the success of our alumni. Many of our alumni have assumed the role of chief financial officer and other significant leadership positions at major financial firms.

Corporate Internship Opportunities
Pace's Cooperative Education Program is the largest university internship program in the New York metropolitan area. Pace accounting majors intern at firms such as Deloitte, Ernst & Young, KPMG, PWC, and Grant Thornton. Corporations such as Pepsi, JPMorgan Chase, and IBM also provide excellent co-op experiences for our accounting majors. For Pace finance majors, interships are available at Citigroup, Goldman Sachs, JP Morgan Chase, Morgan Stanley, UBS, and other financial firms. By and large, student interns are able to leverage their internship experiences into full-time positions.

Career and Industry Links
  • AICPA Becoming a CPA... - What do these three letters mean to the professional world? They mean you have received a broad-based education. They mean you have passed all parts of a very difficult exam. They mean you have the knowledge, skills and abilities to be a trusted business advisor to your clients or employer. They mean you feel comfortable with the latest technology. They mean you are an ethical individual who can provide an independent viewpoint.
  • Careers-in-Accounting.com - This site is designed to help you find a rewarding and interesting job in the world of accounting. You will find some of the best info on the Web on fields like public accounting, tax, auditing, and managerial accounting, as well as links to other sites and recommended reading.
  • National Association of Black Accountants - Check out the online career center
  • NY State Society of CPAs - Studying accounting unlocks the potential to become a leader in whatever field you choose. Unlike a general business degree, a CPA comes with a focused set of professional skills. Employers know CPAs are well-educated and business-savvy.
  • Occupational Outlook Handbook - Provides information on Accountants and Auditors, Tax Examiners, Collectors and Revenue Agents, and Financial Analysts, including Nature of the Work, Working Conditions, Employment Training, Other Qualifications and Advancement, Job Outlook, Related Occupations, Sources of Additional Information.
  • Student Information: Institute of Management Accountants - Great accounting Web site links, articles about what to expect as an entry level accountant and much more.
  • Bloomberg - Search for financial employment opportunities.
  • CareerBank.com - A dynamic and comprehensive resource for accounting, banking and finance professionals.
  • Careers-In-Business.com - Designed to help you find a satisfying job in the business world.
  • Careers in Finance - Designed to help you find a rewarding and interesting job in the world of finance.
  • Creative Financial Staffing - Each of their offices is affiliated with a leading accounting firm enabling them to attract exceptional financial talent and a client list of Fortune 500 corporations and cultural institutions.
  • eFinancialCareers: Find jobs, post resumes and browse job market news. Find jobs in the accounting, securities, investment banking, asset management industries, etc.
  • Federal Reserve Bank of NY: Job Opportunities - Career opportunities currently available broken down by category: campus recruitment, internships, legal opportunities, etc.
  • Jobs In The Money - Finance and accounting professionals. The "marketmaker in professional finance positions."
  • SmartPros - Check out the career center for jobs and information.

Convenient Location
The BBA Public Accounting/MS Financial Management Program is offered at the downtown New York City campus, located in the center of the city's financial district, just a few blocks from Wall Street. Some graduate classes may be offered on the White Plains campus in Westchester, NY.

Admission
Admission to the Combined BBA/MS Program originates at the undergraduate level. Candidates may be admitted conditionally to the program directly from high school. In order to qualify for direct admission, candidates are required to have a minimum high school average of 90% and a combined SAT score of 1125, or an equivalent score on the ACT. Students wishing to transfer into the program from another college or university must have achieved at least a 3.20 GPA at their previous school. All transfer students will be required to fulfill a residency requirement of at least 32 credits at the undergraduate level. Continuing students applying to change their major to the Combined Program are required to have at least a 3.20 GPA for admission. One semester prior to the completion of the undergraduate portion, students apply for admission to the graduate portion of the program. Admission to the BBA/MS program requires a minimum GPA of 3.20 for all undergraduate work completed at Pace and a minimum score of 520 on the Graduate Management Admission Test (GMAT).

For admission information, please contact:

Office of Undergraduate Admission
New York City campus

Pace University
1 Pace Plaza
New York, NY 10038
Phone: (212)346-1323
E-mail: ugnyc@pace.edu

Contact Us
For an undergraduate catalog and an application for admission, please fill out our online form. Click for information about campus tours and information sessions, or call 212-346-1323 to schedule a tour. To request a brochure, application packet, or other printed materials, please fill out our online form. You may also call 1-800-874- PACE or send your request via e-mail to infoctr@pace.edu.

For additional information about the program, contact the following individuals:
Accounting Department Chair
Rudolph Jacob, PhD
(212)618-6425
rjacob@pace.edu
  Undergraduate Accounting Program Chair
Patricia Healy, CPA, CMA
(914)773-3776
phealy@pace.edu
  Graduate Finance Program Chair
P.V. Viswanath, PhD
(212)618-6518
pviswanath@pace.edu

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