College of Business & Economics

Department of Accounting

5-Year Program

Requirements to be a CPA in Maryland (and in all but two of the other states) include 150 hours of post-secondary education. To provide a seamless process for students to achieve the 150 hours, Towson University offers a combined bachelor’s-master’s degree 5-year program.

Admitted accounting majors may apply to the program in the second term of their junior year to be admitted prior to their senior year. Students then apply to the Accounting and Business Advisory Services (M.S.) program, which is offered jointly with the University of Baltimore, in the first term of their senior year, and are admitted to the graduate program in the second term of their senior year.

In order to be admitted to the bachelor’s-master’s accounting program, students must:

  • Be an accounting major with at least one academic term completed at Towson University
  • Have a GPA of at least 3.0, and
  • Have a GMAT score of at least 400 (If a student has a GPA of 3.5 or higher, the GMAT requirement will be waived.)

Six units of 500- and 600-level courses can be counted toward both the undergraduate and graduate programs. In place of the PHIL 371/MNGT 482 requirement, students take PHIL 563. Additionally, in place of the accounting elective, students take one of four required courses in the master’s program: ACCT 630, ACCT 720, ACCT 740 or ACCT 752. A bachelor’s degree is awarded after all of the bachelor’s degree requirements are met which is normally after the fourth year.

Students graduating from the program earn 114 undergraduate units and 30 graduate units. The Maryland CPA Board counts 3-unit graduate courses as 4.5 units; meaning students enrolled in this program will have completed the equivalent of 114 hours of undergraduate and 45 hours of graduate course work.

Sample Schedule for Full-time Students

Course Title Total (30 units)
Senior Year
PHIL 563 Business Ethics 3
ACCT Required Core Course* Choose from ACCT 630, ACCT 720, ACCT 740 or ACCT 752 3
Graduate Term I
ACCT Required Core Course* Choose from ACCT 630, ACCT 720, ACCT 740 or ACCT 752 3
ACCT Required Core Course* Choose from ACCT 630, ACCT 720, ACCT 740 or ACCT 752 3
FIN 605**  Financial Management**  1.5
FIN 625** Corporate Finance** 1.5
AIT 610 or
INSS 651**
Systems Development Process or
Database Management Systems**
3
Graduate Term II
ACCT Required Core Course* Choose from ACCT 630, ACCT 720, ACCT 740 or ACCT 752 3
FIN 715** or
FIN 705**
Investment Analysis** or
Advanced Financial Analysis**
3
AIT 632 or
INSS 671**
Database Management Systems or
Systems Analysis and Design**
3
Elective Choose from courses in accounting, finance, information technology or management information systems (see catalog) 3
*May be taken only when offered at Towson University.
**University of Baltimore course

 

Sample Schedule for Part-time Students

Course Title Total (30 units)
Senior Year
ACCT Required Core Course*  Choose from ACCT 630, ACCT 720, ACCT 740 or ACCT 752 3
PHIL 563 Business Ethics 3
Graduate Term I
ACCT Required Core Course* Choose from ACCT 630, ACCT 720, ACCT 740 or ACCT 752 3
ACCT Required Core Course* Choose from ACCT 630, ACCT 720, ACCT 740 or ACCT 752 3
FIN 605**  Financial Management 1.5
FIN 625** Corporate Finance 1.5
Graduate Term II
ACCT Required Core Course* Choose from ACCT 630, ACCT 720, ACCT 740 or ACCT 752 3
AIT 632 or
INSS 671**
Database Management Systems or
Systems Analysis and Design**
3
Elective Choose from courses in accounting, finance, information technology or management information systems (see catalog) 3
Graduate Term II
AIT 610 or
INSS 651**
Systems Development Process or
Database Management Systems**
3
FIN 715** or
FIN 705**
Investment Analysis** or
Advanced Financial Analysis**
3
*May be taken only when offered at Towson University.
**Univeristy of Baltimore course

 

Qualify for the CPA

In the state of Maryland, you must have 120 units to sit for the CPA exam and 150 units to receive the CPA. Learn more.

College of Business & Economics

Phone: 410-704-3496
Fax: 410-704-2300

Office Location

Stephens Hall, Room 218
Hours: Monday - Friday
8 a.m. - 5 p.m.

Mailing Address

College of Business & Economics
Towson University
8000 York Road
Towson, MD 21252-0001
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