Masters of Business Administration in Management- Financial Management
The MBA in Management at Berkeley College is structured to prepare students for senior ...
Masters of Business Administration in Management- Accounting
Woodland Park, New Jersey
INTAKE: Jan, April & Sept
Program Overview
The MBA in Management at Berkeley College aims to prepare students for senior management positions across diverse industries. The Accounting concentration is tailored for individuals seeking to deepen their expertise in professional accounting practices. This includes focusing on accounting theory, advanced taxation, auditing in a data-driven environment, and the critical area of forensic accounting and fraud investigation. The program allows for flexibility with online and on-campus options at the Woodland Park, NJ campus, catering to the needs of working professionals. The MBA curriculum is grounded in Berkeley College's core values of integrity, stewardship, sustainability, and inclusiveness.
IACBE Accredited: Yes, the Larry L. Luing School of Business at Berkeley College has received specialized accreditation for its business programs, including the MBA in Management, through the International Accreditation Council for Business Education (IACBE). This accreditation is a strong indicator of quality, signifying that the business programs adhere to high principles of excellence and follow best practices in business education. It assures students and employers of the program's commitment to outcomes-based learning and continuous improvement.
Curriculum: The curriculum for the MBA in Management with an Accounting concentration is structured to provide a comprehensive and advanced understanding of accounting principles and their application. The concentration consists of a four-course (12-credit) sequence. Specific courses include: MBA6605 Accounting Theory, which focuses on professional research to resolve complex accounting issues; MBA6606 Advanced Taxation, covering federal taxation concepts and applications; MBA6607 Advanced Auditing, delving into the auditing process in a modern, data-driven environment; and MBA6608 Forensic Accounting and Fraud, which combines forensic accounting techniques with the analysis of frauds, detection methods, and investigative tools. The broader MBA curriculum also emphasizes knowledge for effective action, communication in professional contexts, and information for planning and stewardship in the contemporary business environment.
Research Focus: The MBA program at Berkeley College, particularly within the Accounting concentration, maintains an applied and practical research focus. While it doesn't typically require a traditional academic research thesis, the curriculum is designed to develop students' analytical and investigative capabilities for real-world accounting and financial challenges. Students learn to apply accounting theory to resolve professional issues, understand advanced taxation concepts, and navigate the auditing process. A significant component is dedicated to forensic accounting and fraud analysis, where students learn detection and investigative tools, demonstrating a clear emphasis on developing actionable insights and solutions for practical accounting problems.
Industry Engagement: Berkeley College is known for its robust industry engagement, which is deeply integrated into the MBA program. The faculty members teaching in the Accounting concentration possess exceptional academic credentials and extensive corporate backgrounds in accounting, auditing, and taxation, bringing invaluable real-world experience and contemporary insights into the classroom. The curriculum is developed with input from Advisory Boards made up of industry experts, ensuring its relevance to current marketplace demands for accounting professionals. Students are prepared for a range of career opportunities with accounting firms, public and private companies, and other organizations that rely heavily on skilled accounting professionals.
Global Perspective: While Berkeley College's MBA in Accounting does not explicitly feature dedicated global accounting courses within its listed concentration, the nature of accounting standards, taxation, and auditing is increasingly influenced by global practices and international financial reporting standards (IFRS). The program's focus on professional research to resolve accounting issues and its coverage of advanced taxation concepts implicitly prepares students to navigate the complexities of a globally interconnected business environment. Accounting professionals often work for multinational corporations or firms that serve international clients, making an understanding of global financial landscapes essential, even if not explicitly detailed in individual course titles.
Location
Woodland Park, New Jersey
Score
IELTS 6.5
Tuition Fee
USD 28200
Postgraduate Entry Requirements
Application Fee: $50
Academic Qualifications: Applicants for postgraduate programs typically require a minimum academic achievement of 70% or above in their bachelor's degree.
English Language Proficiency:
- IELTS: Overall band score of 6.5 or 7.0 with a minimum of 6.0 in each component.
- TOEFL: Overall score of 80 or higher.
- DET (Duolingo English Test): Minimum score of 105.
Berkeley College offers a variety of scholarship opportunities specifically designed to support international students in their academic journey. These scholarships aim to recognize academic excellence, leadership qualities, and the potential for professional success, helping to reduce the financial burden of higher education.
Merit-Based Scholarships: Berkeley College awards merit scholarships to international students who demonstrate outstanding academic performance. These scholarships are often renewable each year, provided the student maintains a strong GPA and continues to meet eligibility criteria.
Need-Based Financial Aid: While most financial aid programs in the U.S. are limited for international students, Berkeley College offers some need-based assistance and payment plans to help manage tuition fees. Prospective students are encouraged to contact the Financial Aid Office for personalized support options.
Special Program Scholarships: Certain academic programs or departments at Berkeley College may offer dedicated scholarships or grants for students enrolling in specific career-focused fields such as business, healthcare, or technology. These scholarships reward students pursuing in-demand professions.
International Student Ambassador Scholarships: Berkeley College occasionally provides scholarships to international students who actively participate in campus leadership or ambassador roles. These scholarships support students who promote cultural diversity and help new international students acclimate to college life.
Berkeley College's Master of Business Administration (MBA) in Management with a specialization in Accounting is an IACBE-accredited program tailored to elevate accounting professionals into leadership roles. With its focus on advanced accounting theory, taxation, data-driven auditing, and forensic accounting, the curriculum prepares graduates to navigate complex financial landscapes and provide expert services across various sectors.
Senior Accountant / Accounting Manager: Graduates are well-prepared to oversee and manage the daily operations of an accounting department, including financial reporting, general ledger, and reconciliation. They ensure accuracy and compliance with accounting standards, often leading a team of junior accountants.
Auditor (Internal or External): With a focus on advanced auditing, graduates can excel in ensuring the accuracy and compliance of financial records. External auditors work for public accounting firms verifying client financial statements, while internal auditors assess and improve an organization's internal controls and operational efficiency.
Financial Analyst (Corporate Accounting Focus): Graduates can provide crucial financial analysis within a corporate setting. They often analyze financial performance, forecast future trends, and support strategic decision-making from an accounting perspective, contributing to financial planning and budgeting.
Forensic Accountant / Fraud Examiner: This specialization directly prepares graduates for a high-demand field. They use their accounting, auditing, and investigative skills to detect, prevent, and investigate financial crimes such as fraud, embezzlement, and money laundering, often providing expert testimony in legal proceedings.
Tax Accountant / Tax Manager: Graduates can specialize in various aspects of taxation, including corporate tax planning, compliance, and preparation. They advise individuals or organizations on tax strategies, ensure adherence to tax laws, and manage tax liabilities. The advanced taxation course specifically equips them for this.
Controller / Financial Controller: This leadership role involves overseeing all accounting operations, including the production of financial reports, maintenance of accounting records, and the establishment of internal controls. Controllers often report directly to the CFO, ensuring the integrity of financial information.
Compliance Officer (Financial Reporting): Given the emphasis on ethical accounting and regulatory adherence, graduates can ensure that an organization complies with financial regulations and reporting standards (e.g., GAAP, IFRS, Sarbanes-Oxley). They develop and implement compliance policies and conduct internal audits.
Management Accountant / Cost Accountant: These professionals focus on providing financial information to internal stakeholders for decision-making. They analyze costs, prepare budgets, evaluate performance, and help management optimize resource allocation and profitability.
Government Accountant / Auditor: Graduates can pursue careers in various government agencies (federal, state, local), performing accounting, auditing, or financial management functions. This includes ensuring public funds are managed efficiently and transparently, and complying with specific government accounting standards.
Accounting Consultant: Graduates can work independently or for consulting firms, providing specialized accounting advice to businesses on a project basis. This could involve setting up accounting systems, improving financial processes, conducting due diligence, or assisting with complex financial reporting issues.
