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2003-2004 - The University of Scranton

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approval <strong>of</strong> his or her advisor, the student is<br />

free to select a variable number <strong>of</strong> Business<br />

courses. However, the prerequisites stated in<br />

the catalog must be observed, and upperdivision<br />

courses may not be taken before the<br />

junior year.<br />

Math Options<br />

Two math options are available to Business<br />

majors:<br />

Option I* (6 credits)<br />

MATH 107 (Quantitative Methods II)<br />

MATH 108 (Quantitative Methods III)<br />

Option II* (8 credits)<br />

MATH 114 (Analysis I)<br />

MATH 221 (Analysis II)<br />

Both options cover the topics <strong>of</strong> calculus.<br />

Option I takes an applied approach; Option<br />

II a theoretical approach.<br />

<strong>The</strong> Business Leadership Program<br />

Robert L. McKeage, Ph.D., Director<br />

See page 68.<br />

ACCOUNTING<br />

Faculty<br />

Michael O. Mensah, Ph.D., Chair<br />

Brian W. Carpenter, Ph.D.<br />

Laura Helene Ellis-Westwell, Ph.D.<br />

Ronald J. Grambo, Ph.D.<br />

Roxanne T. Johnson, Ph.D.<br />

Robyn Lawrence, Ph.D.<br />

Daniel P. Mahoney, Ph.D.<br />

Steven A. Solieri, Ph.D.<br />

Joseph R. Zandarski, Ph.D.<br />

Overview<br />

Accounting plays a vital role in the business<br />

and investment decisions made by the management,<br />

owners and creditors <strong>of</strong> organizations.<br />

Because <strong>of</strong> this important role, accounting<br />

has become known as the “language <strong>of</strong><br />

business.” To fulfill the needs <strong>of</strong> students<br />

entering this discipline, the Accounting<br />

Department <strong>of</strong> <strong>The</strong> <strong>University</strong> <strong>of</strong> <strong>Scranton</strong><br />

<strong>of</strong>fers majors in two tracks: Financial Accounting<br />

and Managerial Accounting. In addition, a<br />

Kania School/Accounting 205<br />

combined Bachelor <strong>of</strong> Science/Master <strong>of</strong> Business<br />

Administration Degree program is available<br />

for students interested in pr<strong>of</strong>essional certification<br />

in states requiring 150 credit hours<br />

<strong>of</strong> education. <strong>The</strong> department’s undergraduate<br />

degree program in Accounting Information<br />

Systems is described separately in this catalog.<br />

Financial Accounting focuses on the needs<br />

<strong>of</strong> users outside <strong>of</strong> the organization, primarily<br />

investors and creditors. This accounting information<br />

facilitates the investment and credit<br />

decisions that are inherent in a market economy.<br />

<strong>The</strong> financial track is best suited for<br />

those students aspiring to become Certified<br />

Public Accountants (CPAs). While licensure<br />

<strong>of</strong> CPAs is separately governed by each state’s<br />

legislative body, the Accounting Department<br />

provides students with opportunities to satisfy<br />

the education requirements <strong>of</strong> any state in<br />

which they may aspire to become certified.<br />

(Please refer to the combined B.S./M.B.A.<br />

degree program below.)<br />

Managerial Accounting focuses on the<br />

information needs <strong>of</strong> users within the organization.<br />

This information aids in planning and<br />

controlling the organization’s activities, and in<br />

evaluating the performance <strong>of</strong> the organization’s<br />

segments and managers. <strong>The</strong> managerial<br />

accounting track is best suited for those students<br />

aspiring to become Certified Management<br />

Accountants (CMAs).<br />

<strong>The</strong> success <strong>of</strong> our graduates is demonstrated<br />

by their job placements. Alumni are<br />

employed by Big Four, regional, and local public<br />

accounting firms, by many notable firms in<br />

private industry, as well as by governmental<br />

and not-for-pr<strong>of</strong>it organizations. Qualified students<br />

have opportunities for on-the-job training<br />

through our internship program.<br />

Combined Bachelor <strong>of</strong> Science/<br />

Master <strong>of</strong> Business Administration<br />

Degree Program<br />

<strong>The</strong> Accounting Department <strong>of</strong> <strong>The</strong> <strong>University</strong><br />

<strong>of</strong> <strong>Scranton</strong> <strong>of</strong>fers interested and qualified<br />

students the opportunity to earn both a<br />

Bachelor <strong>of</strong> Science degree in accounting and<br />

a Master <strong>of</strong> Business Administration degree<br />

with an accounting specialization. While this<br />

program may benefit any student interested<br />

in the accounting discipline, the program was<br />

* Students are tested for math placement during summer orientation. On the basis <strong>of</strong> these tests and their high school background it<br />

will be recommended that some students take Option II, especially if they expect to pursue graduate studies. <strong>The</strong> majority <strong>of</strong> students<br />

will be placed in Option I, and may also be required to take MATH 106: Quantitative Methods I as a prerequisite to taking<br />

MATH 107.

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