Accelerated Professional Accounting Program

Effective Spring 2017 - The Accelerated Professional Accounting program is not accepting any new students. NOTE: The Accounting, B.S. and the Accounting, M.S. programs ARE open and ARE accepting new students.

Current students, please refer to the FAQ web page linked here to learn about the "teach out" process. Please meet with your Academic Advisor regarding your current Study Plan.

 

 Foundation for Success
After transferring to Governors State, a Bachelor of Science in Accounting degree (completed in two years) provides you the foundation of knowledge, skills, and attitudes you need to enter the accounting profession in the public, private, and nonprofit/governmental sectors.

Outstanding Preparation
A Master of Science in Accounting degree (completed in one year) points the way for your success in a field where qualified professionals are increasingly in demand. You will acquire technical knowledge, the ability to analyze complex accounting and business issues, and the skills to effectively communicate with all levels of management.

Facts

As recently noted in Crain's,  accounting is the hottest job sector in Chicago.

Individuals who hold Certified Public Accountant (CPA) certification earn an average total compensation of $133,531 which is approximately $34,000 more than those without certification (Source: The Institute of Management Accountants 21st Annual Salary Survey, 2009).

Learn More!

  • Undergraduate Special Admissions Requirements

    +

    Earn an associate degree with a 3.0 GPA or better from an accredited school.

    Transfer 63 credit hours ("C" or above) to GSU.

  • Required Undergraduate Transfer Coursework

    +

    Transfer Coursework (63 Hours)

    General Education Requirements (40 Hours)

    Communications (9 Hours)
    Oral Communication (3) and Written Communication (6)

    Mathematics (6 Hours)
    Applied Calculus (3) [prerequsite: College Algebra (3)]

    Social Science (9 Hours)
    Microeconomics (3) and Macroeconomics (3)
    One additional non-economics social science course (3)

    Humanities and Fine Arts (9 Hours)
    Humanities course (3) and Fine Arts Course (3)
    One Humanities or Fine Arts Course (3)

    Physical and Life Sciences (7 Hours)
    [One Science must include a lab]
    Life Science (3-4) and Physical Science (3-4)

    Additional Transfer Requirements (23 hours)
    Financial Accounting (3)
    Managerial Accounting (3)
    Business Law I (3)
    Basics of Information Technology (3)
    Statistics for Management I (3)
    Electives (8)

  • BS in Accounting Program Requirements

    +

    GSU Coursework (57 hours minimum)
    MIS Collegial Proficiency Exams (70 percent or higher on all)

    Business Core Courses (30 Hours)
    BLAW 3100 Business Law II (3)
    FIN 3110 Principles of Financial Management (3)
    MGMT 2100 Introduction to Management Strategies (3)
    MGMT 3200 Business Communications (3)
    MGMT 3210 Business Ethics (3)
    MGMT 4500 Organizational Behavior (3)
    MGMT 4600 Globalization of Business (3)
    MGMT 4900 Strategic Management (3)
    MKTG 2100 Introduction to Marketing Management (3)
    STAT 3700 Statistics for Management II (3)

    Accounting Core Courses (21 Hours)
    ACCT 3111 Cost Accounting I (3)
    ACCT 3151 Intermediate Accounting I (3)
    ACCT 3152 Intermediate Accounting II (3)
    ACCT 3252 Accounting Information Systems (3)
    ACCT 4154 Advanced Accounting (3)
    ACCT 4251 Tax I (3)
    ACCT 4355 Auditing I (3) 

    Accounting Selectives (6 Hours)
    Select two of the following courses:
    ACCT 4112 Cost Accounting II (3)
    ACCT 4252 Tax II (3)
    ACCT 4355 Auditing II (3)
    ACCT 4461 Government and Non-Profit Accounting (3)
    ACCT 4805 Internship (3)

    Total - 120 Hours

  • Graduate Special Admissions Requirements

    +

    Special Admissions Requirements
    In addition to university admission requirements, applicants must submit the following documents as part of their application:

    1. A GMAT or GRE score from the last five years;
    2. Two confidential letters of recommendation;
    3. A two page, double-spaced statement of intent; and
    4. A current resume.

    The GMAT or GRE are waived for applicants with a minimum 3.25 cumulative GPA on GSU coursework taken as an undergraduate student in the Accelerated Professional Accounting Program.

  • MS in Accounting Program Requirements

    +

    Degree Requirements
    MIS Collegial Proficiency Exam (80 percent or higher)

    I. Business Courses (6 Hours)
    Select two of the following courses:
    ECON 7500 Managerial Economics and Forecasting (3)
    FIN 7101 Financial Management (3)
    MGMT 7400 Operations Management: Strategies and Techniques (3)
    MGMT 7500 Organizational Behavior in the Global Context (3)
    MGMT 7600 International Business (3)
    MKTG 7100 Strategic Marketing (3)

    II. Accounting Core Courses (12 Hours)
    ACCT 6201 Seminar in Financial Accounting Theory and Practice (3)
    ACCT 6252 Advanced Tax (3)
    ACCT 6331 Accounting Information Technology and Systems (3)
    ACCT 6355 Seminar in Auditing Standards and Contemporary Topics (3)

    III. Accounting Selective Courses (6 Hours)
    Select two of the following courses:
    ACCT 6253 Fed Income Tax of Partnerships and Corporations (3)
    ACCT 6461 Governmental and Nonprofit Accounting (3)
    ACCT 7111 Managerial Accounting Theory and Applications (3)
    ACCT 7254 Advanced Tax Research (3)
    ACCT 7815 Financial Statement Analysis (3)
    ACCT 8260 Estate Planning (3)
    ACCT 8265 Employee Benefits and Retirement Planning (3)

    IV. Career Selectives (6 Hours)
    Select six hours from CBPA courses 7000 or above

    V. Masterís Final Project (3 Hours)
    ACCT 8965 Integrative Perspective on Acct Issues (3)

    Total - 33 Graduate Hours