Master of Business Administration - Accounting Concentration
An increase in the number of businesses, changing financial laws and regulations, and increased scrutiny of company finances will spur the job growth of accountants and auditors. Increasingly, accountants also are assuming the role of personal financial advisors. In response to market demand, these financial specialists will offer more financial management and consulting services as they take on greater advisory roles. In addition to openings resulting from growth, the need to replace accountants and auditors who retire or transfer to other occupations will produce numerous job openings.
The Master of Business Administration with a concentration in Accounting (MBA-ACC) is a program for students with a Bachelor’s degree in accounting or closely related fields. This program provides students with strong theoretical foundations and professional skills in the main functional areas of accounting, including financial reporting, management control and auditing, and taxation. In addition, this program is designed to prepare graduates for careers in industry, government and not-for-profit organizations.
MBA Program prepares the student:
- to know how to manage across various business disciplines
- to apply business theories, concepts and methods to current or future position
- to contribute to the enhancement of the mission and value-proposition of the organization
MBA-Accounting program competencies:
- Synthesize ethics, leadership, strategy, critical thinking and reasoning skills in a business environment.
- Integrate professional applied research in order to validate and justify decision making.
- Formulate information in order to communicate effectively across the appropriate channels.
- Utilize appropriate technology to maximize efficiency and effectiveness in order to accomplish organizational goals and objectives.
- Combine the major functional areas of business administration including the critical skills necessary to solve business problems, individually and collaboratively.
- Perform an audit review and prepare the appropriate documentation.
- Examine how accounting information is used in decision making and in implementing management policy across industries.
- Assess information using accounting standards and regulations to formulate ethical business outcomes.
- Evaluate and interpret financial reports for problem solving and efficient decision making in the business environment.
- Apply taxation methods in the development of a budget incorporating strategic management principles.
Degree Requirements
Courses: Core
| ACCT614 | Applied Managerial Accounting | 4 |
| ECON616 | Applied Managerial Economics | 4 |
| MGMT690 | Strategic Management in Dynamic Environments | 4 |
| FINC615 | Applied Managerial Finance | 4 |
| INTD670 | Leadership and Ethical Decision-Making | 4 |
| MGMT600 | Applied Managerial Decision-Making | 4 |
| HRMT620 | Strategic Human Capital Management | 4 |
| MKTG630 | Applied Managerial Marketing | 4 |
| Total Credit Hours: | 32 |
Courses: Concentration
| ACCT618 | Taxation and Business Decisions | 4 |
| ACCT628 | Financial Reporting | 4 |
| ACCT644 | Management Control and Auditing | 4 |
| ACCT650 | MBA Accounting Capstone | 4 |
| Total Credit Hours: | 16 |
Total Credit Hours: 48
MBA Foundation Requirements
The Masters of Business Administration (MBA) is built upon the expectation that students will enter the program with a solid business background to succeed in some of the core MBA courses. Therefore the MBA requires students to have prior foundational knowledge in all core business disciplines to be successful.
Students entering in the MBA program without an undergraduate degree in business will be required to successfully complete three MBA foundation courses (MGMT501, MGMT502, and MGMT503) covering the following areas of business: accounting; economics; finance; marketing; statistics; management; business law; ethics; business policy; business strategy; information technology; operations management; and global leadership.
If the student can show evidence of a GMAT score of 500 or above the foundation requirements may be waived. Students that can show evidence of successfully completed business law and business ethics courses may have the MGMT501 requirement waived. Students continuing from any of CTU’s non-business bachelor programs are exempt from MGMT501, but must complete the other MBA Foundation Requirements. The foundation courses are also available to students with an undergraduate business degree who wish to refresh their knowledge in these subject areas.
MBA foundation courses must be completed prior to respective MBA required courses that hold MGMT501, MGMT502, or MGMT503 as a prerequisite. Students must successfully complete and pass MGMT501 prior to starting INTD670 and complete and pass MGMT502 and MGMT503 prior to the end of the first quarter. Students who do not meet the MBA foundation requirements will be withdrawn, canceled or transferred from the MBA program. Students must be able to exhibit proficiency by successfully completing the foundation course with a minimum 70% passing score. If after 5 attempts (applies to each course separately) students do not pass the foundation course, students are encouraged to work with the Student Advising department if they have questions regarding these foundation courses, timeframes for completion, or for alternative programs of study as needed.
Locations
- Colorado Springs
- Aurora (Denver Area)
- Virtual Campus