Accounting

Accounting

Are you naturally “money minded”? Do you like the idea of contributing to an organization’s financial standing by using your expertise to make recommendations that will reduce the costs and improve revenues? Majoring in accounting at Scranton might be the right choice for you!

About

Accounting is the recording and control of financial information in order to help organizations achieve success by making well-informed business decisions.

Accountants perform a variety of essential business functions for organizations, including:

  • Accurately preparing financial statements and ensuring their legal and regulatory compliance
  • Calculating, preparing and paying corporate taxes
  • Analyzing the costs of operations, products, services and projects

At Scranton, you’ll graduate with a solid command of accounting and business principles, while developing into a well-rounded individual in the liberal arts tradition.

Why Accounting is in Demand:

  • All employment sectors and industries require accountants.
  • Accounting headed the list of “Top bachelor's degrees in demand, by major,” according to the National Association of Colleges and Employers (NACE) Job Outlook 2016 report.
  • The Bureau of Labor Statistics (BLS) forecasts “faster than average” employment growth for accountants and auditors from 2014 through 2024, reporting that, “strong demand for accountants may lead to good prospects for entry-level positions.”
  • The study of accounting provides a superior foundation for those who aspire to future senior-level leadership positions.
  • “Universities and firms are both optimistic about the growth of the profession … 91% of firms expect their hiring of new accounting graduates to be higher than or the same as the previous year.” – Source: AICPA 2015 Trends Report

Is it for me?

  • Are you organized, accurate and detail-oriented?
  • Do you have good communication skills?
  • Are you an analytical person?
  • Are you interested in a career in business?

Five Reasons to Choose Scranton for Accounting

1.
Outstanding reputation.   Scranton's Kania School of Management is accredited by AACSB International. Fewer than 5% of business schools worldwide have earned this prestigious distinction, which is the gold standard for business school accreditation.
2.
Nationally Recognized.   The University's accounting program is ranked No. 20 in U.S. News & World Report's national list of business programs by specialty. In addition, our Kania School of Management has been included in The Princeton Review’s “Best Business Schools" for 12 consecutive years.
3.
Proven results.   Year after year, Scranton graduates consistently rank in the top tier for statewide CPA exam pass rates. More than 90% of our graduating class members obtain full time employment in their field. All of the Big Four accounting firms actively recruit on the Scranton campus, because they are familiar with the quality of our education and the capabilities of our graduates.
4.
Dedicated faculty.   Our award-winning faculty includes world-class researchers whose scholarship is published in the most prestigious academic journals. However, they are first and foremost teachers who care about your academic and professional success as well as your personal wellbeing.
5.
Engaged alumni.   You’ll find Scranton accounting alumni holding prominent positions at all of the Big Four accounting firms. This powerful network provides tremendous access to exciting internships and employment opportunities.

In our close campus community, we know students on a first-name basis. Our faculty, staff and distinguished alumni work together for the success of our students.

-Douglas Boyle, Ph.D.
Assistant Professor and Program Director

  • Preparing You For Personal & Professional Successplus or minus

    Whether your goal is to become a partner in a public accounting firm or to work your way up to being the chief financial officer of a corporation, Scranton prepares you for personal and professional success.

    Here are a few reasons why:

    • Our faculty members are top teachers and strong researchers with extensive professional success. For example, the director of Scranton’s Accounting Department, Dr. Douglas M. Boyle, has over 25 years of experience in leadership, finance, operations, corporate governance and business turnaround, and has served in executive roles in start up, middle market and Fortune 500 companies.
    • As you learn a solid command of accounting and business principles, our Office of Career Development department will help you prepare a winning resume and teach you how to interview effectively.
    • Accomplished Scranton alumni regularly interact with our students in order to help them obtain internships and employment. Scranton’s Accounting Department Professional Alumni Council (ADPAC) is comprised of more than 40 distinguished alumni—including partners in CPA firms and Chief Financial Officers—who meet on a quarterly basis with the mission of helping our students achieve their internship and career goals.

    You’ll be recognized in the job market for important “soft skills” that are valued by employers such as:

    • Self-awareness
    • Commitment to ethics and social values
    • Interpersonal skills
    • Concern for society at large
    • The ability to communicate and write effectively

    Internships:

    Every year, almost 80% of our accounting students participate in internships. The majority of these internships are paid and receive academic credit. Every year we place a high number of our students with the Big Four accounting firms, including a unique internship experience at PwC.

    Linda McGowan, Class of 1980, built a nationwide internship program for Scranton students at PwC. Today, Scranton interns, like our graduates, can be found in every PwC practice area, and at all of the Big Four accounting firms.

    Scranton’s uniquely structured academic calendar allows students to start internships in January, during the accounting industry’s peak season.

    Recent graduates have interned at the following companies:

    • Bank of America
    • KPMG
    • Baker Tilly
    • Viacom
    • Johnson & Johnson
    • The McGraw-Hill Companies
    • PWC
    • EY LLC
    • McGrail, Merkel, Quinn and Associates
    • Sanofi Pasteur
    • Bristol-Myers Squibb
    • Live Nation Inc.
    • VITA - University of Scranton
  • What You'll Learnplus or minus

    Curriculum

    The University of Scranton understands that business is constantly evolving. Our faculty and curriculum keep pace with that change. At Scranton, our goal is to not only teach accounting, but to put it into a clear and very meaningful context.

    We offer three major tracks to ensure that our students are prepared for the opportunities of tomorrow:

    • General Track: provides a solid foundation for students interested in graduate studies, accounting careers in private industry and nonprofit organizations, or running their own businesses.
    • Forensic Accounting Track: provides specialized training in the areas of fraud examination, criminology and litigation support, and prepares students interested in becoming Certified Fraud Examiners.
    • Accounting Information Systems Track: provides students with strong and integrated knowledge of accounting and skills needed to implement and manage accounting information systems (AIS).

    Click here to see the curriculum

    Additionally, Scranton offers a five-year Bachelor of Science/Master of Accountancy (MAcc) program for qualified students who seek to satisfy the 150-credit-hour educational requirement imposed by most state to Certified Public Accountant exam boards. 

  • Pursue Your Passion and Make a Differenceplus or minus

    No matter what your goal or where your accounting career may take you, Scranton will prepare you with the ethical behavior and keen judgment necessary to successfully pursue your passions and make a difference, not just a living.

    Ethical behavior and professional judgment are requisites for success and these tenets are embedded throughout our curriculum. In fact, as a Jesuit institution, Scranton places the highest importance on ethical behavior. While many business schools have introduced ethics courses into their accounting programs only recently, the Jesuits have been teaching ethics for more than 400 years.

    This focus on ethics complements our students’ solid command of accounting and business principles and contributes to the high demand for our graduates.

    Finally, beyond the classroom, students have the opportunity to participate in service learning. One example of how students are making a difference is the Volunteer Income Tax Assistance (VITA) program for low-income families, which is offered by The University of Scranton in partnership with local human service organizations. Our accounting students have participated in the VITA program for more than 20 years, helping families become more financially stable and economically independent.

Careers

Where will Accounting Take Me?

An accounting degree from Scranton will prepare you to successfully pursue career opportunities in a wide variety of public, private, government or nonprofit sector positions.

Many students choose to become Certified Public Accountants (CPAs). Others pursue a path in corporate accounting, which offers the opportunity to specialize in a specific accounting discipline and focus on an industry of particular interest — for example, developing an expertise in health care or high tech industry auditing.

Either way, the accounting field offers abundant entry-level opportunity, strong starting salaries for new college graduates, high earning potential and a wide variety of career path options, including:

  • Accounting Manager
  • Asset Manager
  • Auditor
  • Budget Analyst
  • Chief Financial Officer
  • Controller
  • Treasurer

Top Graduate Schools

Though most of our accounting majors stay with Scranton to earn a master’s degree in the field, some students elect to pursue graduate studies at law or business schools. Here are some of the leading institutions that have accepted Scranton graduates:

  • Drexel University
  • Loyola College
  • Monmouth University
  • Seton Hall University
  • University of Amsterdam
  • Villanova School of Law
  • Wagner College

Employment:

Companies that have hired recent accounting graduates span a wide range of industries and include:

  • BBD Investment Management Group
  • Deloitte
  • EY LLC
  • Grant Thornton
  • J.P. Morgan
  • KPMG
  • McGrail, Merkel, Quinn and Associates
  • Baker Tilly
  • PwC
  • SEI Investments 

How Scranton Gives You a Competitive Edge

Competitive Edge

Just because you’re interested in accounting doesn’t mean you want to feel like a number. At The University of Scranton, you won’t.

Our faculty know their students on a first-name basis and make it a priority to understand each individual’s goals. That deep understanding means that our experienced instructors are not only top teachers and strong researchers, but also strong advocates for you professionally.

Our faculty, Center for Career Development and distinguished alumni work together as a team to offer Scranton students a seamless path from undergraduate admission to master’s-prepared CPA with a lucrative job at an international firm. That’s a competitive edge you just won’t find at most universities.

Take the Next Step

For More Information

Office of Admissions
The Estate
Scranton, PA 18510
Tel: 1-888-SCRANTON or (570) 941-7540
Fax: 570-941-7572
admissions@scranton.edu

Accounting Department
Douglas Boyle, D.B.A., C.P.A., C.M.A.
Department Chair
(570) 941-5436
douglas.boyle@scranton.edu