Dec 30, 2024  
2011-2012 Graduate Studies Bulletin 
    
2011-2012 Graduate Studies Bulletin [ARCHIVED BULLETIN]

Accounting or Taxation, M.S.


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Accounting


In most states, candidates for the CPA examination are required to have completed 150 semester hours of course work in order to be eligible for licensure. New York state currently requires 69 s.h. in business, of which 33 must be in accounting. This program, which is offered by the Department of Accounting, Taxation, and Legal Studies in Business, should enable students to meet this requirement in conjunction with the undergraduate courses they have already taken from an accredited institution. Students without a baccalaureate degree in accounting, business, or the equivalent of 36 credits in business are advised to consider the M.B.A. in Professional Accountancy, which will satisfy all educational eligibility requirements for licensure. Students are advised to check with other state boards of accountancy for eligibility requirements outside of New York state.

The following program requirements may be modified based upon a student’s prior academic course work. Previous course work is evaluated by the Graduate Programs Office of the Zarb School of business upon a student’s admission.

Program Requirements - Semester Hours: 30


M.S. in Accounting students who have a baccalaureate degree or the equivalent in a field other than accounting must also take ACCT 203, FIN 203, and LEGL 200. ACCT 203 and FIN 203 are prerequisite courses which must be taken prior to commencing the program. ACCT 203, FIN 203, and LEGL 200 may be waived if a student completed equivalent course(s) inclusive of all topics listed in the course title with a grade of at least B- within the past five years.

  • See Requirements for M.S. Programs (below)

Note


ACCT 216 - Tax Accounting  and ACCT 233 - Auditing Theory  should not be taken by students enrolled in Hofstra’s B.B.A./M. S. dual degree program who have taken the corresponding introductory audit or tax courses at the undergraduate level.

Students must complete 30 credits in this program in addition to the prerequisite courses. Students who have taken undergraduate accounting or tax courses substantially equivalent to any of the listed courses in this program may substitute graduate accounting or taxation electives, and in some cases graduate business electives, for up to four such equivalent courses, subject to evaluation of prior course work and approval of the Graduate Programs Office of the Zarb School of Business and the chairperson of the Department of Accounting, Taxation, and Legal Studies in Business.

Taxation


The M.S. in Taxation program is designed to provide a broad background in tax law. The program can be tailored to meet the needs of certified public accountants and attorneys. Individuals who need to complete the 150-semester hour requirement in order to be eligible to take the CPA examination may major in taxation rather than accounting.

Program Requirements - Semester Hours: 30


The following program requirements may be modified based upon a student’s prior academic course work. Previous course work is evaluated by the Graduate Programs Office of the Zarb School of business upon a student’s admission.

  • See Requirements for M.S. Programs (below)

Requirements for M.S. Programs


Residency Requirements


Residency workshops cover library information resources, calculus for business applications, information technology, and statistics for business applications respectively. Full-time students must complete them during the first semester in which they begin. Part-time students must complete them within the first two semesters. Documentation of completion must be submitted to the Graduate Programs Office in order for students to register for the subsequent semester. The calculus for business applications, information technology, and statistics for business applications workshops may be satisfied through previous equivalent undergraduate or graduate course work taken within a specific time frame with a B or better grade at an accredited college or university or through satisfactory performance on a proficiency examination administered by the appropriate department within the Zarb School of Business. Students will receive with their letter of admission information about which residency requirements, if any, have been met through prior course work.

The following Library Information Resources Workshop is required of all students: (No credit)


The following Workshops may be required depending upon academic preparation: (No credit)


*English Proficiency Requirement is for international students


In addition, newly admitted international students are required to take an English placement exam during fall and spring orientation. The exam consists of a short writing task on a topic of general interest and a standardized test including listening comprehension, grammar and reading comprehension. Results are reviewed and students are interviewed by the Hofstra English Language Program (ELP) faculty, who make the decision as to what, if any, ELP class the student should take. All international students who are placed in the ELP class must complete the course during the first semester in which they begin an M.B.A. program and must receive a grade of P (Pass). The ELP class will carry no credit. A fee equivalent to 2.0 s.h. is charged for this course. A grade of P (pass) is required or the course has to be repeated the following semester. The same fee equivalent will be charged for the repeated course.

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