Combined B.S./M.S. in Accounting and Business Advisory Services

https://www.towson.edu/cbe/departments/accounting/undergrad/combined.html

Requirements to be a CPA in Maryland (and in all but two of the other states) include 150 hours of post-secondary education. To provide a seamless process for students to achieve the 150 hours, Towson University offers a combined bachelor’s-master’s degree program.

Admitted accounting majors may apply to the program in the second term of their junior year to be admitted prior to their senior year. Students then apply to the Accounting and Business Advisory Services (M.S.) program in the first term of their senior year, and are admitted to the graduate program in the second term of their senior year.

In order to be admitted to the bachelor’s-master’s accounting program, students must:

  • Be an accounting major with at least one term of residency at Towson University,
  • Have a GPA of at least 3.00 and
  • Have a GMAT score of at least 400

Nine units of 500- and 600-level courses can be counted toward both the undergraduate and graduate programs. A bachelor’s degree is awarded after all the bachelor’s degree requirements are met which is normally the fourth year.

For more information, visit https://www.towson.edu/cbe/departments/accounting/undergrad/combined.html.

Admission Requirements

As an alternative to admission to the Accounting major, TU students may instead opt for the Combined B.S./M.S. in Accounting with Business Advisory Services.  The Masters degree portion is a joint program with the University of Baltimore.

In order to be admitted to the Combined B.S./M.S. in Accounting with Business Advisory Services, students must have:

  • Junior standing and at least one academic term completed at Towson University.

  • Minimum GPA of 3.25 for the six CBE lower-level core courses: (ACCT 201 (or 211), ACCT 202 (or 212), ECON 201 (or 203), ECON 202 (or 204), ECON 205 (or MATH 231 or MATH 233), LEGL 225. Grade equivalent of 2.0 or higher in each lower level required course.
  • Minimum GPA of 3.25 for at least three of the upper-level accounting screener courses required for admission to the major. Grade equivalent of 2.0 or higher in each screener course. A minimum of two of these courses must be taken at Towson University. The specific requirements are completion of:
    1. ACCT 301 -- Intermediate Accounting I
    2. ACCT 302 – Intermediate Accounting II
    3. ACCT 341 -- Management Accounting I or ACCT 361 – Tax Accounting I
  • Minimum overall GPA of 3.0.
  • Have a GMAT score of at least 400. (If a student has an overall GPA of 3.5 or higher, the GMAT requirement will be waived.)
  • During the second term of the senior year, the student must also complete a graduate application with the University Admissions Office.

Degree Requirements

Up to nine units of 500- to 700-level courses can be counted toward both the undergraduate and graduate programs.  A bachelor’s degree is awarded after all of the bachelor’s degree requirements are met which is normally after the fourth year.

Students graduating from the program earn the 150 units needed to be eligible to become licensed as a Certified Public Accountant (CPA) after passing the CPA exam.

These graduate courses are taken in lieu of the undergraduate ethics requirement (MNGT 482 or PHIL 371) and two Accounting electives that are part of the requirements for the Accounting major. See Accounting major for the balance of requirements.
PHIL 563BUSINESS ETHICS3
Two of the following:6
CONTEMPORARY ISSUES IN FINANCIAL ACCOUNTING
TAXATION OF ENTITIES
DESIGN OF MANAGERIAL COST AND CONTROL SYSTEMS
ADVANCED TOPICS IN ASSURANCE SERVICES
ADVANCED TOPICS IN ACCOUNTING SYSTEMS
Total Units9

Withdrawal and Ineligibility

Students who are ineligible to participate in or who withdraw from the combined degree program cannot double count any courses for both bachelor’s and master’s degrees.