Curriculum: Business Administration, B.S. (Accounting Module) / M.B.A. (CPA Track)

See Standalone Curriculum for Business Administration, B.S. – Accounting

Discovery Core

Undergraduate Courses: Foundation Credits:
FCWR 101 Writing I: Foundations of College Composition 3
Prerequisite: Prerequisite: WRIT 100 or Writing Placement Exam

A course introducing students to the fundamentals of college composition. Topics include writing process, rhetorical strategies, basics of critical reading and thinking, analytical writing, and argumentative writing. This course serves as a foundation to prepare students to succeed in other academic writing contexts. Coursework includes a computer lab component.

Classroom Hours - Laboratory and/or Studio Hours – Course Credits: 3-0-3
FCWR 151 Writing II: Foundations of Research Writing 3
Prerequisite: Prerequisite: FCWR 101 or WRIT 101

Further development of the academic writing, critical thinking, and analytical reading skills taught in Writing I. An introduction to academic discourse in the four core seminar areas: literature, social sciences, behavioral sciences, and philosophy. Development of library skills leading to a documented research paper.

Classroom Hours - Laboratory and/or Studio Hours – Course Credits: 3-0-3
FCSP 105 Foundations of Speech Communication 3
Study of the fundamentals of verbal communication including public speaking, interpersonal communication, and small group interaction. Training in methods of obtaining and organizing materials and ideas for effective verbal communication.

Classroom Hours - Laboratory and/or Studio Hours – Course Credits: 3-0-3
FCSC 101 Foundations of Scientific Process 3
This course is designed to provide students with an introduction to the big ideas of different scientific disciplines, and is grounded in the scientific process. The course focuses on interdisciplinary aspects, the scientific process, and it is writing intensive, interactive and relevant.

Classroom Hours - Laboratory and/or Studio Hours – Course Credits: 3-0-3
FCIQ 101 Foundations of Inquiry 3
This course introduces you to the fundamentals of critical thinking. Topics include an overview of the research methods in various academic disciplines, reasoning, constructing an argument, and evaluating information. This course serves as a foundation for your continued development of critical thinking skills in other core classes, your major program coursework, and your personal and professional life.

Classroom Hours - Laboratory and/or Studio Hours – Course Credits: 3-0-3
FCWR 301 Communication for Business 3
Prerequisite: Prerequisite: Take one course in each group: Group 1 (FCWR 101 or FCWR 111 or WRIT 101 or WRIT 111) and Group 2 (FCWR 151 or FCWR 161 or WRIT 151 or WRIT 161)

Building on courses taken in their majors, students will learn and apply concepts of effective written and oral communication appropriate for business careers. Focusing on communicating to specific audiences and developing an effective writing process, students will write in business formats such as memos, letters, reports, proposals, and resumes. Some assignments will include research and documentation. Students will deliver informative and persuasive oral presentations. Course work includes a computer lab component.

Classroom Hours - Laboratory and/or Studio Hours – Course Credits: 3-0-3
    Total: 18 Credits
 
Undergraduate Courses: Seminar Credits:
ICLT 3XX Literature choice 3
Please view all course descriptions: http://www.nyit.edu/courses
ICPH 3XX Philosophy choice 3
Please view all course descriptions: http://www.nyit.edu/courses
ICBS 3XX Behavioral Science choice 3
Please view all course descriptions: http://www.nyit.edu/courses
ICSS 3XX Social Science choice 3
Please view all course descriptions: http://www.nyit.edu/courses
    Total: 12 Credits
 
Undergraduate Courses: Math and Sciences Credits:
MATH 125 Finite Mathematics 3
Prerequisite: Prerequisite: MATH 100 or MATH 101 or Math Placement Exam

Review of elementary algebra and selected topics in statistics and probability. Sets, real numbers, graphing, linear and quadratic equations and inequalities, relations and functions, solving systems of linear equations, descriptive statistics, frequency distributions, graphical displays of data, measures of central tendency and dispersion, introduction to probability.

Classroom Hours - Laboratory and/or Studio Hours – Course Credits: 3-0-3
Science Choice 3
Please view all course descriptions: http://www.nyit.edu/courses
    Total: 6 Credits
 

Major Requirements

Undergraduate Courses: Specific Non-Business General Education Credits:
MATH 151 Fundamentals of Calculus 3
Prerequisite: Prerequisite: MATH 125 or MATH 140 or MATH 141 or TMAT 135 or TMAT 155 or Math Placement Exam

Applications of calculus to business and social science. Intuitive use of limits and continuity. Derivatives, extrema, concavity, and applications such as marginal analysis, business models, optimization of tax revenue, and minimization of storage cost. The exponential and logarithmic functions. Antiderivatives and the definite integral. Areas and consumer's surplus. Some concepts of probability extended to discrete and continuous sample spaces.

Classroom Hours - Laboratory and/or Studio Hours – Course Credits: 3-0-3
ECON 202 Principles of Economics I 3
A study of basic economic concepts emphasizing analysis of the aggregate economy. The fundamental concepts of national income and its determination, economic fluctuations, monetary and fiscal policies, and economic growth are covered.

Classroom Hours - Laboratory and/or Studio Hours – Course Credits: 3-0-3
ECON 204 Principles of Economics II 3
An examination of the processes of price determination, output, and resource allocation in perfect and in imperfect competition. Also covers labor economics, international trade and finance, and alternative economic systems.

Classroom Hours - Laboratory and/or Studio Hours – Course Credits: 3-0-3
QANT 201 Statistical Sampling Theory 3
Prerequisite: Prerequisite: MATH 140 or MATH 141 or MATH 151 or MATH 170 or TMAT 155

This course introduces students to both descriptive and inferential statistics. Coverage includes applications to business and other disciplines and the use of technology as a decision support tool.

Classroom Hours - Laboratory and/or Studio Hours – Course Credits: 3-0-3
    Total: 12 Credits
 
Undergraduate Courses Credits:
Liberal Arts Electives 12
Please view all course descriptions: http://www.nyit.edu/courses
 
Undergraduate Courses: Business Program—Lower Core Credits:
BUSI 100 School of Management Orientation1 0
Three hour School of Management orientation to be completed as part of the professional enrichment requirement during student's first semester enrolled in the Bachelor of Science in Business Administration academic program.

Classroom Hours - Laboratory and/or Studio Hours – Course Credits: 0-0-0
ACCT 101 Accounting I 3
A study of accounting fundamentals. Topics include the accounting cycle, statement preparation, systems, asset valuations, accounting concepts, and principles for the sole proprietorship.

Classroom Hours - Laboratory and/or Studio Hours – Course Credits: 3-0-3
ACCT 110 Managerial Accounting 3
Prerequisite: Prerequisite: ACCT 101

Special emphasis is placed on the collection and interpretation of data for managerial decision-making purposes. A study is made of cost concepts used in planning and control, cost- profit-volume analysis, and budgeting.

Classroom Hours - Laboratory and/or Studio Hours – Course Credits: 3-0-3
LLAW 110 Legal Environment of Business 3
This course examines the legal and ethical environment of domestic and international business including contracts, agency and intellectual property and analyzes the regulatory environment including employment law, consumer law and antitrust.

Classroom Hours - Laboratory and/or Studio Hours – Course Credits: 3-0-3
FINC 201 Corporation Finance 3
Prerequisite: Prerequisite: Take ACCT 101, ECON 105 or ECON 202 and one course in this group: MATH 125 or MATH 140 or MATH 141 or MATH 151 or MATH 170 or TMAT 135 or TMAT 155

An overview of the financial management function in modern business, emphasizing the time value of money and financial analysis. The financial and economic environment and capital markets and securities are covered.

Classroom Hours - Laboratory and/or Studio Hours – Course Credits: 3-0-3
MGMT 102 Principles of Management 3
A study of organizations and of the activities of a manager in an organization. The course follows a functional approach, analyzing such management concepts as organizing decentralization, use of staff, human relations, conflict, decision-making, planning , supervision, communication, and financial and production control systems such as budgeting and PERT.

Classroom Hours - Laboratory and/or Studio Hours – Course Credits: 3-0-3
MRKT 102 Introduction to Marketing 3
Study of the process by which consumers' needs and wants are analyzed and satisfied within the context of a modern marketing system. Investigation of current developments in the external environment affecting the marketing process. The role of marketing institutions in facilitating the flow of goods and services from producers to consumers is analyzed.

Classroom Hours - Laboratory and/or Studio Hours – Course Credits: 3-0-3
    Total: 18 Credits
 
Undergraduate Courses: Business Program—Upper Core Credits:
ACCT 325 Accounting Information Systems 3
Prerequisite: Prerequisite: ACCT 205 or ACCT 102

Builds on ACCT 101 and 205; special emphasis is placed on both the theoretical and analytical aspects of financial accounting. A detailed study is made of preparation of financial statements of a corporation, income determination, financial assets, accounting of inventories, longterm assets and intangibles, and cash flow statements. This course is also required in the public accounting and finance options.

Classroom Hours - Laboratory and/or Studio Hours – Course Credits: 3-0-3
QANT 300 Production and Operations Management 3
Prerequisite: Prerequisite: QANT 201

Addresses activities required in the process of production of products and delivery of services. Background of concepts, processes and institutions in the production of goods and services will be covered. Computer applications are an integral part of this course.

Classroom Hours - Laboratory and/or Studio Hours – Course Credits: 3-0-3
QANT 405 Management Science 3
Prerequisite: Prerequisite: QANT 201

Quantitative techniques for managerial decision-making are covered. These techniques include linear and integer programming, nonlinear programming, decision analysis, queuing theory and simulation. Problems are modeled and then solved using computer software.

Classroom Hours - Laboratory and/or Studio Hours – Course Credits: 3-0-3
BUSI 405 Business Research and Innovation 3
Prerequisite: Prerequisite: Take ACCT 110 and FINC 201 and one course in Group 1 (LLAW 101 or LLAW 110) and Group 2 (MIST 300 or MIST 315).

Student innovation and business research are conducted for the purpose of developing a potential value-adding incremental change in a product, process, or service to facilitate potential independent or corporate venturing initiatives. Outcomes include integration of core functional areas into a business plan.

Classroom Hours - Laboratory and/or Studio Hours – Course Credits: 3-0-3
BUSI 435 Business Policy and Strategy 3
Co-Requisite: Co-requisite: BUSI 405 and BUSI 495

This capstone, senior-year course, integrates knowledge and skills in the various functional areas of business for corporate and business strategy development. Student teams will develop a corporate mission, goals and objectives, and implement business policy by managing a complete value chain for a company; deploying marketing, operational and financial strategies and policies in a simulated competitive environment so as to achieve sustainable growth and productivity. Case studies and a computer-based management game will be employed.

Classroom Hours - Laboratory and/or Studio Hours – Course Credits: 3-0-3
BUSI 495 Professional Enrichment Capstone1 0
Co-Requisite: Co-requisite: BUSI 435

This course attends to student professionalism and workforce readiness through Professional Enrichment, Experiential Education, and Student Advancement activities during the student's tenure in the School of Management. Senior standing.

Classroom Hours - Laboratory and/or Studio Hours – Course Credits: 0-0-0
    Total: 15 Credits
[1] Pass/Fail grading
 
Undergraduate Courses: Accounting Module—Public Accounting Track Credits:
ACCT 102 Accounting II 3
Prerequisite: Prerequisite: ACCT 101

Continues the study of accounting fundamentals. Topics include partnership, corporations, liabilities, manufacturing, accounting and statement analysis.

Classroom Hours - Laboratory and/or Studio Hours – Course Credits: 3-0-3
ACCT 216 Intermediate Accounting I 3
Prerequisite: Prerequisite: ACCT 205 or ACCT 102

This course is an in-depth analysis of accounting principles and theory related to the asset side of a corporation's balance sheet. This course is also required in the public acccounting and finance options.

Classroom Hours - Laboratory and/or Studio Hours – Course Credits: 3-0-3
ACCT 302 Federal Taxation I 3
Prerequisite: Prerequisite: ACCT 101 and ACCT 102

A study of federal tax structure as it applies to the taxation of individuals. Topics covered include: filing status, exemptions, income, exclusions, deductions, credits and other taxes. Property transactions will also be covered. This course will include elements of tax research; ethics, communication and the preparation of tax forms.

Classroom Hours - Laboratory and/or Studio Hours – Course Credits: 3-0-3
ACCT 306 Cost Accounting 3
Prerequisite: Prerequisite: ACCT 105 or ACCT 205

Examines the importance of cost accounting to the various levels of management and the dual function of cost as an information system and as a tool for planning and control. Concepts in the accumulation of manufacturing costs, job order, and process costs systems are stressed. A study of budgets and standard cost systems as a function for planning and control; direct costing, break-even and cost-volume-profit analysis, as an aid to decision making.

Classroom Hours - Laboratory and/or Studio Hours – Course Credits: 3-0-3
ACCT 411 Auditing 3
Prerequisite: Prerequisite: ACCT 135 or ACCT 201 or ACCT 210 or ACCT 325 or ACCT 316

Fundamentals of auditing principles and procedures under generally accepted auditing standards will be covered. Auditor's reports. professional ethics and legal responsibilities, EDP considerations, statistical sampling, applications in auditing, the role of internal control in relation to the auditor and substantive audit procedures of assets, liabilities and equity capital will be reviewed. Communication of auditor findings to applicable parties will also be studied.

Classroom Hours - Laboratory and/or Studio Hours – Course Credits: 3-0-3
ACCT 416 Advanced Accounting 3
Prerequisite: Prerequisite: ACCT 135 or ACCT 201 or ACCT 210 or ACCT 325 or ACCT 316

Business combinations and consolidated financial statements under the purchase method and the accounting for goodwill is the core of this course. Specialized topics include branch accounting, partnership and foreign currency translation. A research project is required.

Classroom Hours - Laboratory and/or Studio Hours – Course Credits: 3-0-3
    Total: 18 Credits
 
Undergraduate Courses: Accounting Module—Business Specialization Credits:
ACCT 217 Intermediate Accounting II 3
Prerequisite: Prerequisite: ACCT 216

This course is an in-depth analysis of accounting principles and theory related to the liabilities and stockholders' equity side of a corporation's balance sheet.

Classroom Hours - Laboratory and/or Studio Hours – Course Credits: 3-0-3
FINC 325 Principles of Investment and Security Analysis 3
Prerequisite: Prerequisite: FINC 201

An introduction to the investment process. An understanding of how individuals and institutions make their investment decisions. A broad exposure to a range of topics including selection of securities, security analysis, instruments, and investment trends. The risks and returns involved in investing in different financial instruments are examined.

Classroom Hours - Laboratory and/or Studio Hours – Course Credits: 3-0-3
LLAW 210 Business Law 3
An advanced course in business law which considers legal and ethical issues in business including a study of the Uniform Commercial Code, the United Nations Convention on Contracts for the International Sale of Goods, secured transactions, debtor-creditor relations, negotiable instruments, business organizations and the legal, professional and ethical responsibilities of CPA's and other financial professionals.

Classroom Hours - Laboratory and/or Studio Hours – Course Credits: 3-0-3
    Total: 9 Credits
Students who have completed an undergraduate bachelor's degree elsewhere and meet all admissions requirements to the M.B.A. program, may enroll into the M.B.A. Accounting program. However, in addition to the M.B.A. program requirements all students must either demonstrate (with a grade of C or better) or complete specific undergraduate curriculum requirements (or equivalencies), as per New York State specifications, including the 30-credit Accounting Module.
 
Graduate M.B.A. Courses: Non-Waivable Program Core Credits:
ACCT 610 Accounting Analysis 1.5
Prerequisite: Prerequisite: ACCT 501 and ACCT 510 or a waiver

A required core class in financial accounting analysis, covering a selected number of topics.

Classroom Hours - Laboratory and/or Studio Hours – Course Credits: 1.5-0-1.5
BUSI 610 Professional Development Seminar 0
This preparatory course addresses select professional skills that are requisite to success for the MBA student, and include seminars and workshops in public speaking, business writing, teamwork, critical thinking and business research.

Classroom Hours - Laboratory and/or Studio Hours – Course Credits: 0-0-0
ECON 601 Managerial Economics for Decision Making 3
Prerequisite: Prerequisite: ECON 501, QANT 510 or waivers

Application of economic theory and quantitative methods to business decision making. Topics: consumer choice, product demand, marginal pricing, neoclassical and linear production theory, market structure, and choice under imperfect information. Use of empirical techniques and model building for business analysis and forecasting using standard econometric software package is also addressed.

Classroom Hours - Laboratory and/or Studio Hours – Course Credits: 3-0-3
FINC 601 Financial Management 3
Prerequisite: Prerequisite: FINC 501 or waiver

Topics covered in FINC 601 span a broad spectrum of financial markets and of corporate financial practices to emphasize the development of a comprehensive framework for the theory and practice of financial decision-making. This course uses data and information technology resources to bridge the gap between abstract theories and managerial practices.

Classroom Hours - Laboratory and/or Studio Hours – Course Credits: 3-0-3
MGMT 620 International Dimensions of Organizational Behavior 1.5
Prerequisite: Prerequisite: MGMT 501 or a waiver

This course is an inter-disciplinary examination of the international dimensions of organizational behavior. Course content includes topics such as cross-cultural management, cross-cultural communication, and global spects of leadership, motivation, team management, and decision-making.

Classroom Hours - Laboratory and/or Studio Hours – Course Credits: 1.5-0-1.5
MGMT 630 Business Enterprise Environment 1.5
Prerequisite: Prerequisite: MGMT 501 or a waiver

A managerial analysis of the complex enterprise interrelationships arising between legal and governmental regulation, ethical, economic, political, societal, technological, and physical issues characterizing a highly dynamic global business environment.

Classroom Hours - Laboratory and/or Studio Hours – Course Credits: 1.5-0-1.5
MIST 610 Enterprise Resource Planning Systems 1.5
Prerequisite: Prerequisite: MIST 501 or a waiver

This course provides an overview of modern Enterprise Resource Planning (ERP) systems in use today. It introduces students to how information is used in ERP systems of organizations and how information technology enables ERP systems to support decision making at all managerial levels.

Classroom Hours - Laboratory and/or Studio Hours – Course Credits: 1.5-0-1.5
MRKT 620 Strategic Marketing and Branding 3
This course is designed to prepare the student to approach, structure, and solve complex marketing problem on strategic and tactical levels, with an extension to the other functional areas of business strategy, to align the dynamic capabilities with operations and finance. Analysis of the trends affecting the ever changing customers' wants and preferences, evolving market structures and competitive scenarios will reflect the present complexity of the marketing task, and the imperative of capturing market opportunities via delivery of superior customer value and the brand equity management. Classroom Hours- Laboratory and/or Studio Hours- Course Credits: 3-0-3

Classroom Hours - Laboratory and/or Studio Hours – Course Credits: 3-0-3
QANT 630 Operations and Supply Chain Management 3
Prerequisite: Prerequisite: QANT 510 or a waiver

This course discusses a wide range of issues from how organizations successfully create and manage its operations and supply chain to how they control operations and supply chain. Using state of the art technologies, this course discusses key drivers and approaches organizations adopt to improve productivity and achieve competitive position. It also addresses major issues in operations and supply chain including inventory management, logistics management, facility location, total quality, material requirement planning (MRP), project management, and scheduling, The innovations and capabilities of these areas that are related to revenues and financial performance of the organizations are discussed .

Classroom Hours - Laboratory and/or Studio Hours – Course Credits: 3-0-3
    Total: 18 Credits
The Non-Waivable Program Core is an integrated educational experience where courses are delivered in modules and are highly interdisciplinary. Modules in this core may not be waived, nor can credit hours be transferred into the School of Management as substitutes for these modules. The core must be completed, in its entirety, within the School of Management.
 
Graduate M.B.A. Courses: Required Capstone (choose one) Credits:
BUSI 650 Business Analytics and Decision Making 3
Prerequisite: Prerequisite: FINC 601, MRKT 620, QANT 630

This course discusses the integration of data analytics and modeling to support businesses, non-profits, and governments towards gaining insight and strengthening decision-making ability. Students will develop predictive and prescriptive capabilities using data mining and simulation techniques through case studies and also use optimization techniques to support decision-making in the presence of uncertainty and a large set of alternatives. Focus will be on applying these techniques to different functional areas of business including operations, marketing, finance, and strategic planning.

Classroom Hours - Laboratory and/or Studio Hours – Course Credits: 3-0-3
MGMT 650 Strategic Leadership Capstone 3
An examination of the operational aspects of high level leadership, including its role in framing the organization's 20 year strategic plan, the making of consequential decisions in an uncertain, complex, and rapidly changing environment, and maintaining excellence in the corporate world.

Classroom Hours - Laboratory and/or Studio Hours – Course Credits: 3-0-3
    Total: 3 Credits
 
Graduate M.B.A. Courses: Accounting Specialization Credits:
ACCT 710 Federal Taxation II 3
Prerequisite: Prerequisite: ACCT 610

A study of federal tax structure as it applies to entities. Topics covered include: The taxation of corporations, its operations, distributions are complete liquidations, S corporation, partnerships, not for profit entities, and the taxation of gifts, trusts and estates. This course will include elements of research ethics, communication, and the preparation of tax forms.

Classroom Hours - Laboratory and/or Studio Hours – Course Credits: 3-0-3
ACCT 731 Computer-Based Auditing and Research 3
Prerequisite: Prerequisite: ACCT 411 or ACCT 610 or ACCT 725

This course examines issues relevant to planning and conduction IT (Information Technology) audit and control activities. The course covers the following conceptual areas: business risks and the management of business risk, IT risk as a component of business risk, the need to manage IT risks, and basic type of controls required in a business system in order to control IT risks. Issues associated with new risks created by the use of the internet for business applications ad electronic business are also covered.

Classroom Hours - Laboratory and/or Studio Hours – Course Credits: 3-0-3
ACCT 732 Not-for-Profit Accounting 3
Prerequisite: Prerequisite: ACCT 501 or a waiver

A study of accounting principles, procedures and reporting requirements as they apply to governmental units and to private non-profit organizations. Areas covered will include governmental units, hospitals, universities, and other public sector entities.

Classroom Hours - Laboratory and/or Studio Hours – Course Credits: 3-0-3
    Total: 9 Credits
These three required specialized courses are specific to competencies required in the CPA examination and must be completed by all students.
 
Total Required Credits = 150**

**Depending on the background of the student applicant, the M.B.A. Accounting program can be completed in as few as 30 credits. However, applicants who do not have the requisite background for the program, per New York State requirements, and as stipulated in this section, may be required to complete additional credit hours to achieve the M.B.A. Accounting credential.