Degree Requirements, M.S. in Accounting

Ithaca’s Master of Science in Accounting program prepares graduates to provide auditing, consulting, and income tax services for individuals, corporations, and not-for-profit organizations. Core courses provide advanced training in the theory and application of financial accounting and reporting, taxation, auditing, and contemporary accounting practices. Accounting and graduate business electives allow students to tailor a program geared toward a focus in taxation or assurance, or to satisfy individual interests and career goals.

The M.S. in Accounting program is registered with the New York State Education Department, enabling graduates to meet the educational requirements necessary to be licensed as a certified public accountant (CPA) in New York State. The program also addresses the 150-hour requirements in 43 other states, Washington, D.C., Guam, and Puerto Rico (see individual state requirements for any variations).

Typical* Course Schedule for Full-Time Enrollment

Fall Semester (August-December) 15 credits

  • BGRD 50200 Taxation for Managers
  • BGRD 50300 Governmental and Nonprofit Accounting
  • BGRD 50400 Advanced Financial Reporting
  • BGRD 63200 Corporate Financial Management
  • 1 graduate accounting elective

Spring Semester (January-May) 15 credits

  • BGRD 60800 Contemporary Issues in Accounting
  • 3 graduate accounting electives
  • 1 graduate business elective

Accounting electives are meant to allow students to choose an area of focus in taxation or auditing, or to select courses of personal and professional interest. Elective options include:

  • BGRD 50500 Accounting Practicum (Internship)
  • BGRD 60200 Advanced Auditing & Research
  • BGRD 60700 Forensic Accounting
  • BGRD 65200 Federal Tax Research
  • BGRD 65300 Taxation of Property Transactions
  • BGRD 65400 Taxation of Partnerships & Partners
  • BGRD 65500 Tax Ethics, Practice & Procedure
  • BGRD 65600 Fraud Law
  • BGRD xxxxx Business elective from the MBA curriculum

Tax Track

Students planning to pursue a career in taxation may opt to follow the Tax Track. This track specifically tailors the MS in Accounting program to meet the needs of tax specialists. It consists of the following:

Core Courses

  • BGRD 60800 Contemporary Issues in Accounting
  • BGRD 63200 Corporate Financial Management
  • BGRD 50400 Advanced Financial Reporting
  • BGRD 50300 Governmental and Nonprofit Accounting
  • BGRD xxxxx Graduate Business Elective

Tax Courses

  • BGRD 50200 Taxation for Managers
  • BGRD 65200 Federal Tax Research
  • BGRD 65300 Taxation of Property Transactions
  • BGRD 65400 Taxation of Partnerships & Partners
  • BGRD 65500 Tax Ethics, Practice & Procedure

Additionally, students must complete an undergraduate tax course and either an internship in tax or the VITA program (which may be done at the undergraduate or graduate level).