Master of Science in Accountancy (MSA)
(Effective September 2007)
General Information: The MS in Accountancy (MSA) Program is the first graduate program in Massachusetts to earn
the prestigious separate accounting accreditation from AACSB – The Association to Advance Collegiate Schools of
Business. The program’s flexibility provides a broad-based education in advanced accounting, while also allowing students
to build targeted expertise through careful selection of elective courses.
Is an internship required? No. The MSA Program does not require a Five-Year student to have completed an internship
prior to enrollment in the program. MSA candidates are encouraged to complete an internship (credit or not-for-credit)
to gain valuable work experience.
Attention “Summer-to-Summer” Students: The MSA Program can be completed on “Summer-to-Summer” if…
1. The AC, FA ISAC, or AIS major follows the appropriate program guide that appears at the end of the
“Planning Your Schedule” section of this website;
2. The student satisfactorily completes two graduate courses during the final semester of their senior year –
i.e. a “Blended Term.” (Please review the “What is a Blended Term” section of this website for more
MSA Degree Requirements - All prerequisites must be met prior to registering for a graduate course.
Part I: Pre-Program Foundation Classes – (2) Required:
A traditional Bentley MSA student has two Pre-Program Foundation Courses: PPF 501-Statistics & PPF 502-Economic
Environment of the Firm. Under the Bentley Portfolio 360 Policy, a Five-Year Program student satisfies these
requirements (PPF501 & 502) because they will receive an undergraduate business degree from Bentley which is accredited by AACSB.
Part II: Accountancy Foundation Classes – (3) Classes Required:
A Bentley Five-Year Program student can fulfill the following accountancy foundation classes if they receive a minimum
grade of 3.0 in the appropriate undergraduate course equivalent. Students who have not satisfied these foundation classes will use unrestricted electives to complete them. See “Part IV - Elective” section below for more information. Accountancy Foundation Courses Undergraduate Course Equivalent
AC611 - Financial Accounting Problems I AC311 - A minimum grade of 3.0 in AC311 means a Five-Year Program
student is not required to take AC611.
AC612 - Financial Accounting Problems II AC312 - A minimum grade of 3.0 in AC312 means a Five-Year Program
student is not required to take AC612.
AC621 – Cost Accounting AC310 - A minimum grade of 3.0 in AC310 means a Five-Year Program
student is not required to take AC621.
Note: A student who receives less than a 3.0 in either AC311, 312 and/or 310 should contact Ellen Snedeker,
the Five-Year Program Manager (firstname.lastname@example.org) to discuss what options are when it comes to satisfying the
AC611, 612 or 621 requirement for the MSA degree.
Part III: MSA Core Classes – (4) Classes Required:
Required Course Prerequisite
AC730 - Business Process & Systems None
A minimum grade of 3.0 in AC340 means the Five-Year Program student
should take AC731-Advanced AIS to satisfy this requirement.
AC741 - Financial Statement Auditing Pre-Requisite: AC611 and Pre or Co-Requisite: AC730
A minimum grade of 3.0 in AC470 means the Five-Year Program student
should take either AC742 –IT Auditing or AC744 – Internal Auditing to
satisfy this requirement.
Note: AC744 is not an option for students who completed AC472; and
AC742 is not an option for students who completed AC475. AC750 - Federal Income Taxation None
A minimum grade of 3.0 in AC350 means the Five-Year Program student
should take either AC753 – Tax Factors in Business Decisions or
TX600 – Professional Tax Practice to satisfy this requirement. AC793 - Professional Accounting. Research Pre Requisite: AC612 and Pre or Co-Requisite: AC621, AC730 & AC741 & Formulation
Should be taken during the final term of the MSA Program. Note: A Five-Year student who receives less than a 3.0 in AC340, AC350, AC470 should contact Ellen Snedeker,
the Five-Year Program Manager (email@example.com) to discuss what the options are when it comes to satisfying
the AIS, Tax and Audit Requirement(s) for the MSA degree.
Part IV: Electives – (6) Classes Required: 2 Accounting Electives and 4 Unrestricted Electives
? Select two graduate Accounting classes from the following list.
AC701 - Internship in Accounting Practice 3 graduate-level Accounting classes. Please contact
Prof. Karen Osterheld (firstname.lastname@example.org) if
you want to request an exception to this policy. AC713 - Adv. Topics in Financial Accounting Pre- or Co-Req: AC612
AC714 - Business Reporting & Analysis AC611
AC722 - Adv. Topics in Managerial Accounting AC621
AC731 - Adv. Acctg Info Sys: Modeling Effective AIS AC730
AC742 - IT Auditing AC741
AC744 – Internal Auditing AC611 / Not open to students who completed AC472. AC753 - Tax Factors in Business Decisions AC750
AC766 - Risk & Performance Measurement AC611
AC771 - Governmental Accounting, Reporting & Auditing AC611
AC781 - International Dimensions of Accounting AC611
? Regarding the four unrestricted electives…
? For each Accountancy Foundation Course (i.e. AC611, 612 or 621) a Bentley Five-Year Program student must take
(i.e. because they did not receive a minimum grade of 3.0 in AC311, 312 and/or 310,) the same student will be
required to use one of their four unrestricted electives to complete that foundation course. The remaining
unrestricted elective(s) may be in Accountancy (700 level or higher) or non-accountancy courses at the 600
level if the appropriate prerequisites have been satisfied.
? If the Bentley Five-Year Program student needs to take an Accountancy Foundation Course – then the class (i.e.
AC611, 612 and/or 621) will count as an unrestricted elective in the MSA degree. For example:
If the Five-Year Program student needs to take…
? One Accounting Foundation Course (AC611, 612 or 621) - the student will have 3 unrestricted electives remaining.
? Two Accounting Foundation Courses (AC611, 612 and/or 621) - the student will have 2 unrestricted electives
? Three Accounting Foundation Courses (AC611, 612 and 621) - the student will have 1 unrestricted elective
If you decide to take electives outside of the Bentley Accounting Department – please remember the following.
Many (but not all) of the electives offered in the McCallum Graduate School may indicate a Pre-Program Foundation Courses (PPF 501 or PPF 502) and/or a Program Foundation Modules (PF Module I and/or II) as pre- or co-requisite for a class. Under the Bentley Portfolio 360 Policy, a Five-Year Program student who receives a Bachelor of Business
Administration degree satisfies these requirements (i.e. PPF501 & 502 as well as PF Modules I & II) because
Bentley’s AACSB accreditation -the Association to Advance Collegiate Schools of Business. So if there is an elective
you want to take that requires PPF501, PPF502, PF Module I and/or PF Module II – you are eligible to take the class because you have satisfied the requirement.