Master in Financial Accounting program receives endorsement from Institute of Management Accountants

The Institute of Management Accountants (IMA), one of the largest and most respected associations focused exclusively on advancing the management accounting profession, endorsed the Master of Accountancy in Financial Accounting program curriculum.

"This is a testament to the quality of our curriculum that will benefit both the future careers of our students and the organizations where they will work," said C. Daniel Stubbs, Jr., professor, program director and certified public accountant. "We are very gratified to receive IMA's endorsement."

To qualify for endorsement by IMA, the school's program must substantially cover the CMA exam content and the program must have adequate faculty resources to deliver the content. The program also must be accredited by a recognized accreditation organization (e.g., AACSB, ACBSP, EQUIS, etc.) and have a faculty member who is designated as an IMA campus advocate.

"IMA is pleased to welcome Rutgers Business School to the growing list of schools that support the CMA exam program and have achieved a consistent standard of excellence," said Dr. Raef Lawson, CMA, CPA, CFP, CFA, IMA vice president of research and professor-in-residence.

The Master of Accountancy in Financial Accounting program at Rutgers Business School was designed for graduating college accounting majors who intend to become CPAs and need to earn 30 additional college credits to satisfy the 150-credit hour requirement for professional accounting licensure.

This innovative masters differs from other programs because of its flexibility for both students and accounting firms, which it offers by combining on-campus and online courses.  Accounting graduates admitted into the program in the summer can complete the degree requirement prior to joining a firm and embarking on client matters at the start of the busy season (January to April).  

"The hybrid nature of the program enables a student to complete at least 50 percent of the degree requirements in-class in the summer and the remainder through distance learning in the fall," said Stubbs. "The distance learning element allows a student to prepare for the Uniform CPA Examination (licensing exam) prior to firm employment."

-Sean Ireland