Throughout the last decade, the accounting profession has become more complex and challenging. In recognition of this growing complexity, 150-hours of education has been mandated by most states as a requirement for candidates to sit for the CPA exam. In Maryland, the 150-hour requirement became effective July 1, 2000.
The Loyola accounting program, with the advice of its accounting advisory board has established a 150-hour program that enables accounting students to earn a bachelor's degree in accounting after four years and an MBA degree at the end of the fifth year. The fifth year of our 150-hour program is flexible to enable students to take courses while they are working. Students can choose to concentrate in a number of different areas. The MBA program prepares accounting graduates to perform better in an ever changing environment and enhances their marketability.
The undergraduate catalog provides the course requirements to major in accounting. The graduate catalog provides the course requirements for the MBA degree.
We also have an MBA with an accounting concentration which is designed for students who have a non-business undergraduate degree but are interested in the accounting profession and plan to sit for the CPA exam. The MBA concentration in accounting not only qualifies the graduate for public accounting, but also for other fields such as financial management and controllership while providing the skills needed at the executive levels of management. Many of our graduates enter public accounting or remain with their current organizations and apply the skills obtained in the MBA program.
The graduate catalog provides the course requirements for the MBA accounting concentration.