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Master of science in accountancy
ETHICS IN ACCOUNTING—Accountancy Professor Kevin Misiewicz’s course explores the broad spectrum of ethical issues that arise within the major areas of accounting. Students are not only exposed to the theories that help establish ethical accounting standards but also learn in depth about ethical issues through casework. Studying model cases such as “When is Resignation Not Enough?”, the course helps prepare students for dilemmas they might face during their careers. ACCOUNTING FRAUD INVESTIGATION AND LITIGATION SUPPORT SERVICES—Thomas Frecka, Vincent and Rose Lizzadro Professor of Accountancy, teaches a course on the dangers of accounting fraud. The course focuses on the fall of corporate giants, such as Enron, and also highlights the career opportunities available to forensic accountants and certified fraud examiners (CFEs). Program Ranked #5 Nationwide — Public Accounting Report, 2004 ND Grads Earn Prestigious FASB Internships Two recent graduates from the MS-Accountancy program have secured year-long internships with the Financial Accounting Standards Board (FASB), working as postgraduate technical assistants in the Norwalk, Connecticut office. Michael Murphy (MS-ACCY ’05, ’04) began working in January 2005, while Mark Bellantoni (MS-ACCY ’05, ’04) began his FASB internship in July. FASB chooses only ten participants annually from a selective pool of accounting students nominated by the faculty at their respective educational institutions. Participants become involved in all aspects of the accounting standard setting process and gain an in-depth understanding of the roles played by preparers, auditors, and users of financial information.
MS Accountancy students navigate a ropes course as part of a team-building exercise at Bair Lake in Jone, MI during orientation in August 2004
Students Lend a Hand to Nonprofit Agency
100% Placement of Open Enrollment Graduates Every member of the MS-Accountancy Class of 2005 reported accepting a job offer by graduation day or continuing their education. In fact, many students began receiving offers as early as October 2004. Seventy-four percent of students chose to join Big Four accounting firms while the remaining students accepted positions with other CPA firms, in industry or in the financial services sector. One student opted to attend law school.
Ernst & Young YMP Alumni Return to Campus
Four graduates of the Ernst & Young Your Master Plan (YMP) program returned to campus last summer to offer advice to students just starting out in the YMP program at Notre Dame. “Attitude is real important and taking ownership of the job responsibilities that have been set upon you,” said David Johnston (MS-ACCY ’03), who now works in E&Y’s Dallas office. Jodi Phillips (MS-ACCY ’00), an Assurance Manager in E&Y’s Toledo office, praised the program for furthering networking opportunities and building a lasting camaraderie between graduates. There was agreement among the panelists that passing the CPA exam requires hard work and a focused study plan. Ernst & Young’s “Your Master Plan” is a unique 15-month program that allows participants to earn a Masters of Accountancy at the University of Notre Dame while gaining valuable work experience.
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MS-Accountancy students put their education to good use in Spring 2005 when they donated consulting services to the Dominican Volunteers USA, a program that places recent college graduates in year-long ministry settings serving the poor and marginalized in our society. A team of MS-Accountancy students advised the organization’s director about audit procedures, tax filing requirements and general accounting issues. “I enjoyed applying areas we had studied and researched in the classroom to help a great organization,” said participant John Pach (MS-ACCY ’05).
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