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					                               Program Approval Form                                                            For approval of new programs and deletions
                                                                                                                or modifications. to an existing program.


 Action Requested: 
                                                                                                T    e (Check one):
                                                                                                                                      D                  D
 @
  X
         Create New (SCHEV approval required except for minors and certifICates) 

         Delete Existing 

         Modify Existing (check all that apply)
              , Title (SCHEV approval required except for minors, certificates)
                                                                                                                         B.A.          B.S.
                                                                                                                         Undergraduate Certificate
                                                                                                                         M.A.
                                                                                                                         Ph.D.
                                                                                                                                 [KJ M.S.
                                                                                                                                      D
                                                                                                                                                    Minor

                                                                                                                                                    M.Ed.D
                                                                                                                                       Graduate CertifICate
                   Concentration (Choose one):          D AddD            Delete       D Modify                          Other:
                   Degree Requirements
                   Admission Standards
                   Application Requirements
                   Other Changes:


 College/School:                    of Management
 Submitted by:               Robert Johnston                                                                                            Johnston@gmu.edu

                                                        Please note: For students to be admitted to a new degree, minor, certificate or concentration, the
 Effective Tenn:             Fall          2011
                                       1                program must be fully approved, entered into Banner, and published in the University Catalog.

 Justification: (attach separate document if necessary)
 I   See attached.



                                                                      Existing                                                New/Modified
 Program Title: (Required) 
                      MS Accounting                                           n/a
  Title must identify subject matter. Do not 

  include name of college/school/dept. 

. C9~.centration(s):                              n/a                                                     n/a

, Admissions Standards I                          No change                                               No change
  Application Requirements:
 (Required only if different from those
 listed in the University Catalog)
 Degree Requirements: 
                           See attached                                            See attached
 Consult University Catalog for models, 

 attach separate document if necessary 

 using track changes for modifications 





 Courses offered via distance:                    n/a                                                     nfa
 (if applicable)
                                                  30                                                      30
 TOTAL CREDITS REQUIRED:


 Approval Signatures

  Department                                Date                                                                    Provost's Office                            Date
                                                                                                                    Interdisciplinary Council Use Only

   If this program may impact another unit              or
                                                  is in collaboration with another unit at Mason, the originating department must circulate this
   proposal for review by those units and obtain the necessary signatures prior to submission. Failure to do so will delay action on this proposal.
   Unit Name                                Unit Approval Name                         Unit Approver's 'Signature                     Date




                                                                                  //

                                                                                                                                      <JAN 1 92011
                                                                  Provost Office                                              Graduate Council Approval Date
                                                                  ,     "'"'~",
   FOr Registror Office's Use Only: Received-l-l.......,""F/'"""-'-_Banner_ _ _ _ _ _ _ _ _ _C,atalo"'g_ _ _ _ _ _ _ _ __                                    ft!V/sed 5/5/10 

.
,


      ~
      U"tV6RSfTY
                                Program Approval Form                                                           For approval of new programs and deletions
                                                                                                                or modifications to an existing program.


    Action Requested:




                                                                                                                  ~
                                                                                                                        e (Check one):
                                                                                                                                    D                   D
    §X
           Create New (SCHEV approval required except for minors and certificates)
           Delete Existing
           Modify Existing (check all that apply)
               Title (SCHEV approval required except for minors, certificates)
                                                                                                                      • B.A.          B.S.
                                                                                                                      • Undergraduate Certificate
                                                                                                                        M.A.
                                                                                                                        Ph.D.
                                                                                                                                []J M.S.
                                                                                                                                    D
                                                                                                                                                  Minor

                                                                                                                                                  M.Ed. D
                                                                                                                                      Graduate Certificate
               Concentration (Choose one):        Add    D           0
                                                                 Delete             0
                                                                               Modify                                   Other:
           X Degree Requirements 

               Admission Standards 

               Application Requirements 

               Other Changes: 



    College/School:                                                                   Depart~~~JJ~~~~~~~=====:========~
    Submitted by:                                                                     Ext:     '--186'-"-'9_ _ _ _ _-'                Johnston@gmu.edu

                                                         Please note: For students to be admitted to a new degree, minor, certificate or concentration, the
    Effective Term:            Fall
                                         L..-_ _- - '    program must be fully approved, entered into Banner, and published in the University Catalog.

    Justification: (attach separate document if necessary)
     The accounting faculty proposes a curriculum revision to the MSA Accounting Program in the School of Management. The
     primary reasons for the revision are to enhance the curriculum for a more competitive offering of accounting courses and
     address the feedback concerns of students. A benchmark study against local and high quality national programs indicates
     that the MSA program is not competitive. The best way to improve the competitive offering and address the feedback is to
     increase the coverage of accounting content in the program. Currently, the MSA curriculum requires a number of non­
     accounting courses that are typically not included in an MSA program. The revised program focuses the curriculum on
     accounting content while allowing the student to take non-accounting electives.


                                                                         Existing                                           New/Modified
    Program Title: (Required) 
                    MS Accounting                                          nla
    Title must identify subject matter. Do not 

    include name of college/school/dept. 

    Concentration(s):                              nla                                                    nla

    Admissions Standards /                         No change                                              No change
    Application Requirements:
    (Required only if different from those
    listed in the University Catalog)
    Degree Requirements:                           See attached                                           See attached
    Consult University Catalog for models,
    attach separate document if necessary
    using track changes for modifications




    Courses offered via distance:                  nla                                                    nla
    (if applicable)

    TOTAL CREDITS REQUIRED:
                                                   30                                     ..              30



    Approval Signatures


     Department                                Date
                                                                                                                   Interdisciplinary Council Use Only

     If this program may impact another unit or Is in collaboration with another unit at Mason, the originating department must circulate this
       ro osal for review b those units and obtain the necessa si natures rior to submission. Failure to do so will              is ro osal.
     Unit Name                                                                          it Approver's Signature                      Date
For Graduate Programs Only


Graduate Council Member                      Provost Office                                Graduate Council Approval Date

For RegistrarO/fice's Use Only: Received_ _ _ _ _,Banner_ _ _ _ _ _ _ _ _ _,Catalog,_ _ _ _ _ _ _ _ __           revised 5/5/10
                                        Proposal to Revise 

                                    MSA-Accotmting Curriculum 

                                               11/0312010


Introduction: The accounting faculty proposes a curriculum revision to the MSA Accounting Program 

in the School of Management. The primary reasons for the revision are to enhance the curriculum for a 

more competitive offering of accounting courses and address the feedback concerns of students. A 

benchmark study against local and high quality natiomil programs indicates that the MSA program is not 

competitive. The best way to improve the competitive offering and address the feedback is to increase 

the coverage of accounting content in the program. Currently, the MSA curriculum requires a number 

of non-accounting courses that are typically not included in an MSA program. The revised program 

focuses the curriculum on accounting content while allowing the student to take non-accounting 

electives. 


This proposal was presented to the Accounting Advisory Council on October 7, 2010, approved by the 

Accounting Area faculty on October 12,2010, and approved by the Graduate Policy Committee on 

November 2,2010. 


Target student: 

The target students for this program are full-time students with an undergraduate degree in accounting 

from an accredited university. Part-time enrollments will be allowed, but no formal part-time program 

or track will be offered. Students enrolled on a part-time basis will be informed that the available 

coursework will be restricted to the full-time offering. These students may be employed in the 

accounting or finance professions. 


Admission: 

Admission to the MSA program will be granted when the student meets acceptable admission standards 

in terms of the GMAT exam, letters of recommendation, and GP A. MSA applicants will not have to 

meet a work experience requirement since they will likely be a recent graduate from an accredited 

university. Application advantages currently extended to GMU accounting undergraduate honors 

students will continue for the revised program. The courses offered in the MSA program are "stand 

alone" courses without prerequisites (other than those required for admission) which allows us to admit 

students in the fall and spring. 


Enrollment targets: 

Enrollment in graduate level accounting programs has steadily increased over the past several years. 

Based on data from the last two years, fall enrollments totaled about 25 students (15 MBA-A students 

and 10 MSA students) and spring enrollments to be about 10 students (all MSA students). By the third 

year of the program, we expect fall enrollments to average about 30 to 40 students, and spring 

enrollments to average about 15 to 20 students. 




Current versus revised MSA program curriculum: 

The MSA program will require 30 semester credits composed of 15 credits ( 5 courses) of core courses 

and 15 credits (5 courses) of electives courses, of which 6 credits (2 courses) can be MBA electives. A 

student starting in the fall could complete the program in 11 months, while a student starting in the 

spring could complete the program in 12 months. A student could also finish within 10 months 

depending on the electives selected. A comparison of the current and proposed program is presented in 

the following table. 

Current MSA Progmm Courses:                           Proposed MSA Program Courses:
Required (30 credits):                                Required Core (15 credits):
ACCT 743 Issues in Corporate Financial Rptg           ACCT 743 Issues in Corporate Financial Rptg
ACCT 744 Fraud Deterrence and Detection               ACCT 744 Fraud Deterrence and Detection
ACCT 741 Infonnation Technology Auditing              ACCT 651 Advanced Tax
ACCT 742 Corporate Governance & Ethics                ACCT 795 Global Acctg Environ (Residency)
MBA 603 Mgrl Econ & Decisions of the Finn             ACCT 672 Governmental & Nonprofit Acctg
MBA 638 Mng Opns for the Digital Enterprise           Electives (15 credits a of which 6 credits can be
MBA 633 Stat for Business DecisionMaking              MBA courses):
MBA 643 Managerial Finance                            ACCT 741 Infonnation Technology Auditing
MBA 653 Organizational Behavior                       ACCT 742 Corporate Governance & Ethics
MBA 701 Business Valuation                            ACCT 745 International Financial Reporting
                                                      ACCT 792 Seminar in Accounting
                                             ,        ACCT 799 Special Topics
                                                      ACCT 690 Professional Accounting Colloquium
                                                      ACCT 701lMBA 701 Business Valuation
                                                      ACCT 611 Advanced Mgrl Acctg
                                                      MBA 643 Managerial Finance
                                                      MBA 638 Mng Opns for the Digital Enterprise
                                                      MBA 703 Financial Markets (prereq is MBA 643)
                                                      MBA 706 Investment Analysis (prereq is MBA
                                                      643)
                                                      MBA 708 Taxes and Business Strategy
                                                      MBA 717 International Finance (prereq is MBA
                                                      643)



Delivery of ACCT 795-Global Accounting Environment and ACCT 690-Professional Accounting
Colloguium - Consistent with our other graduate programs, the residency course (ACCT 795) would
take students to an international location to learn about international business with a focus on examining
accounting issues, practices, standards, and standard-setting. The Professional Accounting Colloquium
course (ACCT 690) would introduce students to distinctive topics not found in a typical M.S. cui-riculum
via speaker series or local trips to businesses, finns and regulatory agencies. The residency course could
be completed during a two-week visit (in May, for example) and the colloquium course would span the
fall and spring semesters.

Cross-listing and Prereguisites:
A prerequisite for MBA 70 I-Business Valuation is completion of MBA 613-Financial Reporting and
Decision Making. MBA 701 will be cross-listed as ACCT 701, which taken as part of the MSA
program will not require MBA 613 as a prerequisite (Note that the master syllabus for MBA 701
currently requires MBA 613 or its "equivalent" as a prerequisite). ACCT 611-Advanced Managerial
Accounting will be cross listed as a course offering to MBA and MSA students. Students taking
electives MBA 703, 706, and 717, will first need to take the prerequisite course, MBA 643.

Resources and program support:
ACCT 795-Global Accounting Environment (Residency) and ACCT 690-Professional Accounting
Colloquium represent the incremental teaching demand imposed by the revised curriculum. For other
courses proposed in the revised program, instructors now teaching ACCT-411 Advanced Managerial
Accounting, and ACCT 451-Advanced Federal Taxation, and ACCT 472-Government and Not-for­
Profit Accounting will instead teach ACCT 61 I-Advanced Managerial Accounting, ACCT 65]­ 

Advanced Taxation, and 672-Government and Not-for-Pr?fit Accounting, respectively. 


Currently, the MSA and the MBA programs are administered by one program director and his staff. 

This will continue until the MSA program grows and justifies its own, fully-dedicated program director 

and staff. 


Program launch: 

Assuming the revision can be reviewed and approved in a timely manner by the Graduate Policy 

Committee and SOM Faculty, fall of2011 is the target launch semester. 


Accreditation Issues: 

The MSA program would be required to meet the General Business Accreditation Standards and the 

separate Accounting Accreditation Standards. Since students admitted to the programs would have 

degrees from accredited universities they would have met the general curriculum standards for thejr 

undergraduate degrees. The standards for specialized Master's level degrees (e.g., MSA) are quite 

general and relate to applications related to the specialized discipline. The accounting standards focus 

on learning objectives for development, measurement, analysis, validation and communication of 

financial and other information and is to be more integrative and intensive than in undergraduate 

education. Graduates demonstrate an expanded understanding of the professional responsibilities, the 

ethical standards of the accounting profession "and the strategic role of accounting in business 

organizations and society. The curriculum described above along with the undergraduate accounting 

courses required for entry into the program should meet these standards. 


Assurance of Learning The revised MSA program will comply with the assurance of learning 

standards that are in place for the current MSA program. 


MBA Option - Revisions to the MSA curriculum necessitate revisions to the course plan for MSA 

students opting for an MBA. In order for an MSA student to make the switch and qualify for the MBA 

degree, he or she will have to fulfill the 33 credit MBA core requirement, however, consistent with the 

current requirements for the MBA option, the student will be allowed to make course substitutions for 

MBA 612-Managing Costs and Evaluating Performance and MBA 613-Financial Reporting and 

Decision Making. The net result is that the MSA student will have to take 25.5 of the required 33 MBA 

core credits in order to qualify for the MBA degree. The final MBA degree will be composed of 24 

credits earned in the MSA program plus 25.5 MBA core credits for a total of 49.5 degree credits. Our 

recommendation to incoming MSA students will be to take all MSA courses initially so that if they opt 

for an MBA they can fulfill the MBA core requirement by focusing exclusively on the MBA credits 

needed for the degree. Note: the student will receive only the MBA degree, and the student will 

complete either ACCT 795 or MBA 795 but not both. 

Comparison of the current MBA opt-in curriculum to a revised MBA opt-in curriculum under the MSA
revision follows.


Current MSA to MBA Option Course Plan:         Proposed MSA to MBA Option Course Plan:

ACCT 743 Issues in Corp Financial Reporting     ACCT 743 Issues in Corporate Financial Rptg
ACCT 744 Fraud Deterrence and Detection         ACCT 744 Fraud Deterrence and Detection
ACCT 741 Information Technology Auditing        ACCT 651 Advanced Tax
ACCT 742 Corporate Governance & Ethics          ACCT 672 Governmental & Nonprofit Acctg
MBA 701 Busine'ss Valuation                     MSA Accounting Elective
MBA Elective                                    MSA Accounting Elective
MBA Elective                                    MSA Accounting Elective
MBA 795 Global Business Perspectives            ACCT 795 Global Acctg Environment (Residency)
MBA 638 Managing Operations                     MBA 638 Operations Management
MBA 643 Managerial Finance                      MBA 643 Managerial Finance
MBA 603 Managerial Econ                         MBA 603 Managerial Econ
MBA 623 Marketing Management                    MBA 623 Marketing Management
MBA 633 Statistics                              MBA 633 Stat for Business Decision Making
MBA 653 Organizational Behavior                 MBA 653 Organizational Behavior
MBA Elective (3 credits)                        MBA 662 Mngmt oflnfo Tech (l.S credit)
                                                MBA 673 Legal Environ for Mngmnt (l.S credit)
                                                MBA 674 Ethical/Social Environ of Bus (l.5 credit)
MBA 678 Strategy and Org Leadership             MBA 678 Strategy and Org Leadership
48 Credits Total                              I 49.5 Credits Total

				
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