Bay Path University is also featured in our ranking Top 15 Online Master’s in Forensic Accounting.
Online Master of Science in Forensic Accounting at Bay Path University
From small and large companies to non-profit organizations and public accounting firms, there is a critical need for financial and accounting professionals who have a thorough understanding of best practices and who are motivated problem-solvers. The Master of Science (M.S.) in Accounting at Bay Path University is designed to give students skills and a unique advantage that can be leveraged in many career paths, including forensic accounting, tax preparation, financial analysis, management accounting, financial accounting and reporting, management consulting, and auditing. In addition to being one of the top-rated online accounting programs in the country, the forensic concentration was also recognized as one of the top online forensic accounting programs in the U.S., which speaks to the quality of education at Bay Path.
Specifically, the M.S. in Accounting program consists of 30 credits, including seven core courses and three electives. Students pursuing the online M.S. in Accounting can choose from three career-focused concentrations, including forensic accounting, private accounting, and public accounting. All three concentrations share a common, which better prepares them for careers in regional and local public accounting firms, government agencies, and private businesses. The M.S. in Accounting is designed to satisfy the 150-semester-hour educational requirement for Certified Public Accountant (CPA) licensure as adopted by more than 40 states, including Connecticut and Massachusetts.
The curriculum includes courses that cover areas such as advanced auditing, advanced financial reporting, controllership, legal issues in accounting, and government and nonprofit accounting. Students will also be exposed to contemporary issues in accounting, fraud examination, forensic accounting and systems, information technology for accountants, and advanced cost accounting.
Students who begin the program in April or May may earn their degree in eight or nine months, although students may complete the program in 12 or 24 months depending on their course load. The flexible 30-credit program is available entirely online and educates students via a unique schedule with no classes during the “busy season” of the accounting field. The program consists of individualized career coaching and advisement from full-time, professionally and academically CPA-certified faculty, and students may be eligible to sit for the CPA exam after graduation.
Online students can expect to learn in an interactive, highly dynamic, intimate, and small online community, as they benefit from access to academic resources, library resources, and tutoring. Career services also help students to become successful, independent learners. Students may earn their degree entirely online, meaning that they need not sacrifice their current professional jobs or family responsibilities for the sake of earning a high-quality education.
Graduates will be able to apply different research methods and choose the best courses of action related to tax issues and auditing or accounting standards, and they will demonstrate awareness and knowledge of the ethical framework for the accounting profession. Graduates will also analyze and resolve complex business problems and understand the reporting challenges faced by multinational organizations as well as the impact of international accounting standards on the future of domestic accounting standards. Finally, graduates will develop the ability to articulate and analyze the implication of business transactions and decisions as they relate to taxation and auditing or accounting standards to professionals outside of the accounting industry.
About Bay Path University
Bay Path University is a private university located in Longmeadow, Massachusetts. The school offers on-campus and online all-women bachelor’s degrees and co-educational master’s degrees as well as an online doctorate in occupational theory for men and women. Bay Path also operates a “One Day a Week” program on Saturdays for adult women and the first all-women online college, The American Women’s College. Founded in 1897 as the Bath Path Institute, the college has undergone several name changes and updates to its accreditation process. From 1988 to 2014, the school was known as Bay Path College before becoming Bay Path University. It is also a member of an eight-college consortium known as the Cooperating Colleges of Greater Springfield.
Bay Path University Accreditation Details
Bay Path University is accredited by the New England Association of Schools and Colleges (NEASC). Accreditation by the NEASC encompasses the entire institution, including all degree programs. The accreditation process involves a voluntary self-regulated review and is a distinguishing feature of higher education to ensure that universities and colleges meet agreed-upon standards of excellence. The process includes a comprehensive self-study that is then followed by an on-campus visit by a peer review team. In addition to regional accreditation, a number of degree programs offered by Bay Path are accredited by specialized accrediting agencies for their respective fields of study.
Bay Path University Application Requirements
Prospective students may apply for admission into the Master of Science (M.S.) in Accounting program throughout the year, and classes start every September, November, April, May, and July. For consideration, applicants must submit a completed application as well as a current resume, two letters of recommendation, and official copies of graduate and undergraduate transcripts with a preferred minimum grade-point average of 3.0. In addition, applicants must participate in an in-person or phone interview with the director of the accounting program. Bay Path University does not require test scores from the Graduate Record Examination (GRE) or the Graduate Management Admission Test (GMAT) in order to be admitted into the online M.S. in Accounting program.
Tuition and Financial Aid
Students pursuing the online Master of Science (M.S.) in Accounting with a forensic accounting concentration from Bay Path can expect to pay $830 per credit hour for a total program cost of $24,900. Students should also budget for additional program and administrative expenses and service fees when considering the tuition amount for this particular program. Bay Path recommends that graduate students apply for financial aid at the same time they apply to graduate school by completing the Free Application for Federal Student Aid (FAFSA). Financial assistance for graduate students is available in the form of unsubsidized federal loans, private loans, employer reimbursement, and the Graduate PLUS Loan program. In addition, veterans, active-duty military, their dependents, and their spouses may be eligible for additional benefits and discounts at Bay Path University such as a military tuition discount, the Post-9/11 G.I. Bill, the Yellow Ribbon Program, virtual military lounge, transferrable jobs and credits, support services, and more.