MSA options

1. MSA options Advisory Board Jan 21, 2005

2. outline Where we are today What would MSA look like Resource requirements Risks

3. What we enjoy today Unique among the CSU Ernst & Young - Prime Source School KPMG - National Key School - 1 of 6 in west region ChevronTexaco tied with UC Berkeley top source for FIn/Actg

4. What we enjoy today VITA recognized by Pres. Baker community based learning Tax Challenge Deloitte Honorable Mention Arthur Andersen went to nationals

5. What we enjoy today Student placement highest in OCoB among highest @ Cal Poly Highest number of paid internships in OCoB

6. What we enjoy today Cash donations from alumni and friends highest in OCoB among the highest @ Cal Poly

7. outline Where we are today What would MSA look like Resource requirements Risks

8. OptionsMSA quality stand alone BS protect undergrad program MBA with Actg emphasis MSA quality stand alone MSA transition / minimalist program renumber 400 level courses

9. BS degree protect Undergrad -min courses in MBA

10. OptionsMSA quality stand alone BS protect undergrad program MSA quality stand alone MSA transition / minimalist program renumber 400 level courses

11. OptionsUSC's stand alone MSA USC MS - 30 hr program of which 15 must be ACTG program assumes you have a BS in Accounting This slide is to show that a quality MSA would require at least 6 additional ‘true’ graduate level accounting courses

12. Optionsminimal transition MSA BS protect undergrad program MSA quality stand alone MSA transition / minimalist program renumber 400 level courses

13. Optionsminimal transition MSA minimum undergrad curriculum that will allow students to sit for CPA exam Renumber all other 400 level courses as 500 level graduate courses

14. Financial Accounting 214* Managerial Accounting 215* Taxation of Business Entities 320* Intermediate Accounting I 321* Intermediate Accounting II 322* Advanced Managerial Accounting 412 Taxation of Partnerships, Estates & Trusts 414 Corporate Taxation 415 Advanced Financial Reporting 420/536 Government and Not-for-Profit 422 Financial Reporting for Public Entities 423 Professional Accounting 424/535 Auditing 425* International Accounting 427 Accounting Policy 428/589 Accounting Process Analysis 429* Volunteer Income Tax Assistance 416** Applied Accounting & Auditing Research 463**

15. minimal transition MSAundergraduate courses Financial Accounting 214* Managerial Accounting 215* Taxation of Business Entities 320* Intermediate Accounting I 321* Intermediate Accounting II 322* Advanced Managerial Accounting 412 Corporate Taxation 415 Auditing 425* Accounting Process Analysis 429* Volunteer Income Tax Assistance 416** Applied Accounting & Auditing Research 463**

16. minimal transition MSAgraduate courses Taxation of Partnerships, Estates & Trusts 414 Advanced Financial Reporting 420/536 Government and Not-for-Profit 422 Financial Reporting for Public Entities 423 Professional Accounting (Corporate Governance) 424/535 International Accounting 427 Accounting Policy 428/589

17. Optionsminimal transition MSA Look to San Diego State Minimize costs

18. OptionsSan Diego’s States MSA

19. outline Where we are today What would MSA look like Resource requirements Risks

20. ResourcesMSA quality stand alone Minimum Three Additional Faculty

21. ResourcesMSA quality stand alone

22. Resourcesminimal transition MSA

23. outline Where we are today What would MSA look like Resource requirements Risks

24. RisksMSA quality stand alone California does not require 150 hrs Demand ??

25. RisksMSA quality stand alone Demand ?? what is incentive for students pay differential for MSA MSA 9 months MBA < 12 mo. higher perceived pay

26. RisksMSA quality stand alone If demand fails to justify Investment in additional positions

27. RisksMSA quality stand alone Proceed without additional faculty Greater use of adjunct faculty Less control over content of lower division courses Less consistency in upper division courses Less rigorous grading in upper div courses Dilute quality of classroom experience Cannibalize undergraduate program

28. Risksminimal transition MSA The renumber courses represent a list of courses not a curriculum

29. Risksminimal transition MSA Benefit to have a program in place if employers become more selective Risk premature implementation reduces number of accounting students

30. Risksminimal transition MSA Undergraduate program would be less attractive No electives Eliminates 6 undergraduate electives Eliminates undergraduate tax track Reduces the times accounting electives available

31. Risksminimal transition MSA these will lead to a smaller number of undergraduate accounting students A smaller pool from which the MSA might attract students

32. Risksminimal transition MSA To a lesser degree than “Stand Alone” Greater use of adjunct faculty Less control over content of lower division courses Less consistency in upper division courses Less rigorous grading in upper div courses Dilute quality of classroom experience Cannibalize undergraduate program

33. Risksminimal transition MSA Accounting faculty as Ambassadors To employers / profession To students mentoring less time for nuturing advising

34. Risksminimal transition MSA Would not attract our top students Not required to practice in California Top students will have multiple options They will have a high paying job Acceptable to other quality grad programs

35. Other thoughts and comments