Rochester Institute of Technology

Academic Program Overviews

Student Skills & Capabilities, Salary Data, Career Information 

Accounting BS

Program Overview

BUSINESS & TECHNOLOGY UN LOCKED
The Accounting curriculum provides all of the tools needed to prepare students to pursue outstanding careers in the accounting profession, including the CPA examination and eventual licensure. The course work delivers broad exposure to liberal arts, science, and management concepts. Beyond this general education and business core, students choose options that best fit their career interests. Students planning a career in public accounting may select undergraduate coursework preparing them to enter either Saunders’ MBA-Accounting program or MS-Accounting program, both of (no comma here) which satisfy New York State CPA education requirements of 150 prescribed semester hours.  Others may tailor their major to meet diverse financial opportunities in industry, government, and not-for-profit organizations. Another option is to select coursework with a goal of obtaining a graduate degree in law or taxation.

Degrees Awarded

  • Bachelor of Science, major and minor
  • MBA in Accounting – one and two year options
  • Master of Science in Accounting

Enrollment

  • Approximately 150 undergraduate and graduate students currently enrolled.

Cooperative Education & Experiential Education Component

  • Undergraduate students are required to complete one semester or two summers of Cooperative Education.16 weeks.

Salary Information

Co-op:        $14.78                                  $9.70 - $30.00
BS:              $40,000                                $30,000 - $75,000

MBA/MS:   $45,000                                $36,000 - $65,000

 


 

 

Student Skills & Capabilities

·          The Accounting programs emphasize cutting-edge technologies used in practice, including analytics and ERP systems. Integrated throughout the business core are courses that provide fundamental knowledge in the areas of global competitiveness, quality management, information technology, ethics, diversity, and problem solving.  Students’ analytical abilities are enhanced by courses such as statistics and economics.  And the program addresses communication skills, considered critical by practicing accountants.
·          The fourth component, cooperative education work experience, offers students the opportunity to apply what has been learned in the classroom.  These hands-on, full-time paid positions occur in the last two years so that a student will have prerequisite academic preparation to contribute to the workplace. The exciting and challenging programs in the college provide a unique level of competence as well as foundation for continuous intellectual and career growth.

Accreditation

  • Association to Advance Collegiate Schools of Business International (AACSB), representing the top 5% of all business schools worldwide.
  • Middle States Commission on Higher Education.       
Rankings
Saunders College of Business undergraduate and graduate programs are among ‘The Best 296 Business Schools’ according to The Princeton Review. Best-Masters.com ranks the MBA in Accounting program #36 in North America. US News & World Report 2017 Best Business School Rankings places Saunders #91 nationally, and #77 among the Best Undergraduate Business Programs. Poets & Quantsranked Saunders College of Business among the nation's Top 100 U.S. MBA Programs. Bloomberg Businessweek highlights include ‘Best Undergraduate Business Schools by Specialty 2013’ including: #14 Management Information Systems, #21 Entrepreneurship, #26 Marketing, #32 Corporate Strategy, #52 International Business. The Princeton Review also ranks Saunders #7 among ‘Top 25 Online MBA Programs’.

Nature of Work

Accountants and auditors help to ensure that business and other organizations of all types in all industries firms are run efficiently, its records kept accurately, and its taxes paid properly and on time. They analyze and communicate financial information for various entities such as businesses,, individual clients, and government. Beyond carrying out the fundamental tasks of the occupation—preparing, analyzing, and verifying financial documents in order to communicate financial and operational information to clients—many accountants also offer budget analysis, financial and investment planning, information technology consulting, and limited legal services. (Source: O.O.H. ’12-‘13)

Training / Qualifications

Most accountant and auditor positions require at least a bachelor’s degree in accounting or a related field. Beginning accounting and auditing positions in the Federal Government, for example, usually require 4 years of college (including 24 semester hours in accounting or auditing) or an equivalent combination of education and experience. Some employers prefer applicants with a master’s degree in accounting, or with a master’s degree in business administration with a concentration in accounting. (Source: U.S. Bureau of Labor Statistics O.O.H ’12-‘13.)


 

Job Outlook

Overall job opportunities should be favorable, although jobseekers that have earned professional recognition, especially as Certified Public Accountants (CPAs), should have the best prospects. Job applicants who have a master’s degree in accounting or a master’s degree in business with a concentration in accounting also may have an advantage. Competition should be strong for jobs with the most prestigious accounting and business firms.  (Source: U.S. Bureau of Labor Statistics O.O.H ’13-‘14.)

Job Titles

Certified Public Accountants (CPA’s), Auditors, Management Accountants, Government Accountants, Fraud Examiners, Tax Accountants, many others.

Employment

Accountants and auditors held about 1,217,000 jobs in 2010. They worked throughout private industry and government, but 24 percent of wage and salary accountants worked for accounting, tax preparation, bookkeeping, and payroll services firms. Approximately 8 percent of accountants or auditors were self-employed. (Source: U.S. Bureau of Labor Statistics O.O.H’12-‘13.)

Significant Points

  • Most jobs require at least a bachelor’s degree in accounting or a related field.
  • In order to receive a CPA license in New York State, students must an complete an accounting program that is accredited by an accrediting body accepted by the Department.
  • Currently the Association for the Advancement of Collegiate Schools of Business (AACSB) is accepted. Receipt of a Master's degree in accounting from such a program will be deemed as meeting New York's 150 semester hour education requirements.

Selected Employer Hiring Partners

Deloitte, EY, KPMG, PricewaterhouseCoopers, Davie Kaplan CPA, Dejoy Knauf & Blood LLP, , Dresser-Rand, EFPR Group, Insero & Company, Kasperski Owen & Dinan CPAs, Keurig Green Mountain, Knorr-Bremse Group, KPMG, Mengel Metzger Barr & Co, Monro Muffler Brake, New York State Dept. of Taxation and Finance, Paychex, Sodexo, The Bonadio Group, Xerox and many others.

RIT – A Technological Leader

Rochester Institute of Technology’s strengths in both business and technology make our graduates leaders in the accounting profession. Students receive a comprehensive business education and develop their IT, analytical, communication, and teamwork skills. Their technical expertise, general business knowledge, and professional experience gained through co-op give graduates the credentials to meet employers’ needs and succeed in the profession of accounting.

Contact Us

We appreciate your interest in your career and we will make every effort to help you succeed. Feel free to contact Julian Huenerfauth, the career services coordinator who works with the Accounting program. You can access information about services through our web site at www.rit.edu/careerservices.

Julian Huenerfauth, Career Services Coordinator, This email address is being protected from spambots. You need JavaScript enabled to view it.; 585.475.5470
Rochester Institute of Technology . Office of Career Services and Cooperative Education
Bausch & Lomb Center
57 Lomb Memorial Drive . Rochester NY  14623-5603
585.475.2301