Accredited accounting degree programs in Kentucky are growing in importance as more regulations are implemented requiring more transparency in financial transactions. In the wake of corporate scandals related to faulty financial reporting, the need for qualified accountants is expected to grow over the next decade. In fact, the United States Bureau of Labor Statistics reports that accounting positions are expected to grow by as much as 13 percent over the next ten years.

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In Kentucky, there were more than 11,000 accountants employed throughout the state in 2014 with an annual average salary of $61,970. This is slightly less than the national average of $63,550 per year. Accountants who specialize in specific types of accounting can earn even higher salaries in Kentucky. For example, financial examiners earned an average salary of $65,030 while personal financial advisors earned an average of $72,660 per year.

With excellent salary options and the potential for the industry to grow, it is clear to see why individuals who have successfully completed accredited accounting degree programs in Kentucky and other states are becoming increasingly valuable in today’ business world.

Northern Kentucky University

Haile/US Bank College of Business

The Haile/US Bank College of Business is named in memory of local philanthropists, Carol Ann and Ralph V. Haile Jr. whose foundation gave a $15 million donation to Northern Kentucky University. It is the single largest gift given in the university’s history and enhanced the capacity to serve the region through teaching, scholarship and outreach. The college offers undergraduate and graduate programs in business disciplines, along with three specialties:

  • Entrepreneurship
  • Sports Business
  • Construction Management

Students are provided the knowledge and tools necessary to succeed in today’s increasingly global business world.

Master of Accountancy

The Master of Accountancy program offers students two tracks, the Professional Track as well as the Accounting Practice and Reporting Track. The Professional Track is for students who already have an undergraduate accounting degree who are seeking a position as a Certified Public Accountant. The program provides the 150 credits required to sit for the CPA examination. The Accounting Practice and Reporting Track is for students who do not have an undergraduate accounting degree but are considering changing careers and moving into the accounting field. Students must have an undergraduate degree in order to apply for the program.

Accreditation

  • Southern Association of Colleges and Schools Commission on Colleges
  • Association to Advance Collegiate Schools of Business

Contact

Northern Kentucky University
College of Business
Highland Heights KY 41099
Telephone: 859-572-5100
Email:
Website: https://cob.nku.edu/graduatedegrees/accountancy/careeropportunities.html

University of Kentucky

Carol Martin Gatton College of Business and Economics

The Carol Martin Gatton College of Business and Economics began as the College of Commerce in 1925 when it was given full accreditation by AACSB International. The college occupied one single room in White Hall at the time, but by 1948, had grown to an enrollment of 1,000 students. In 1952, the college added an MBA program as veterans returning from World War II took advantage of the G.I. Bill. The college moved to a new building in 1964 and was renamed the College of Business and Economics in 1968. In 1995, in honor of a $14 million pledge, the college was named the Carol Martin Gatton College of Business and Economics. Mr. Gatton was a 1954 graduate of the University of Kentucky who became president and general manager of Bill Gatton Motors in Owensboro just five years after his graduation. The single dealership grew to eight General Motors dealers ships throughout Alabama, Texas and Tennessee as well as a Honda dealership in Bristol, Tennessee.

Accounting Master’s Degree Information

The Master of Science in Accounting program through the Carol Martin Gatton College of Business at the University of Kentucky is designed for students who wish to begin a professional career as an accountant. Students are able to improve communication and technology skills as well as gain valuable knowledge regarding accounting. Students develop leadership and teamwork skills while enhancing their creative problem-solving skills. Students are also provided the skills necessary to use research to resolve accounting issues as well as how to think logically and analytically. Upon completion of the program, students will be eligible to sit for the CPA examination.

Accreditation

  • Southern Association of Colleges and Schools Commission on Colleges
  • Association to Advance Collegiate Schools of Business

Contact

MSACC Director
Von Allmen School of Accountancy
350A Gatton College of Business & Economics
University of Kentucky
Lexington KY 40506-0034
Telephone: 859-323-9683
Email:
Website: http://gatton.uky.edu/Content.php?PageName=MSACCProgDesc

University of Louisville

College of Business

The College of Business at the University of Louisville offers undergraduate and graduate programs designed to prepare students for the growing global business world. Students learn through partnerships in the area and through high-quality academic programs that include research as well s community outreach. Students are provided instruction that fosters entrepreneurial perspective and opportunities to demonstrate their knowledge in a competitive environment. Faculty consists of people who are experts in their field with a mission to create a premier metropolitan research university.

Mater of Accountancy

The Master of Accountancy program through the College of Business at the University of Louisville is designed for those who want to take the CPA examination and begin a career as a public accountant. The program enhances the knowledge and skills students develop in an undergraduate accounting program using a cohort format. This allows the student to learn from other students and to develop a network that will aid them throughout their life. The cohort format also helps students develop strong teamwork skills that will be beneficial should they enter the audit, tax or consulting fields in accounting. Students sit for the CPA examination while still enrolled in the program and will prepare for the exam using the Becker CPA Review. It is a 30 credit hour program organized in modules of 1.5 credits each and classes are held in the evening while some are held on Saturday.

Accreditation

  • Southern Association of Colleges and Schools Commission on Colleges
  • Association to Advance Collegiate Schools of Business

Contact

University of Louisville
College of Business
Harry Frazier Hall
110 West Brandeis Avenue
Louisville KY 40292
Telephone: 502-852-6440
Email:
Website: http://business.louisville.edu/master-of-accountancy/

Western Kentucky University

Gordon Ford College of Business

The Gordon Ford College of Business began as a private business school in 1874. Ten years later, rising enrollment required the founder, A.W. Mell, to find a larger building for what was called the Southern Normal School and Business College. In 1892, declining enrollment due to Mell’s pursuit of other interests caused him to sell the school to T.C. and H.H. Cherry. The brothers embarked on a widespread advertising campaign and enrollment grew quickly. Students at the time took courses in penmanship, spelling, bookkeeping, banking and business correspondence. T.C. Cherry left the school a few years after taking it over, but H.H. Cherry remained. A fire destroyed the College Street building where the college was housed in 1899 and classes were moved to borrowed space in the business district. A new building, dubbed “The Towers,” by students.

In 1906, the school became a state-supported institution when it became part of the State Normal School for Teachers, but the business section of the school was not included. It was instead sold to J.S. Dickey, W.S. Ashby and J.L. Harman who renamed it the Bowling Green Business University. The school’s reputation grew as most universities at the time did not offer a business education. For many years, it was the only four-year privately-owned college in the field of business and was accredited by the National Association of Business Colleges. In 1960, the name of the college was changed to Bowling Green College of Commerce after transferring to a nonprofit corporation. Enrollment declined significantly and, in 1963, the college merged with Western State College. In 1972, the school was renamed Bowling Green College of Business and Public Affairs. In 1979, another name change gave the school the name Bowling Green College of Business Administration.

In 1998, Gordon B. Ford gave a $10.6 million gift to the college and it was renamed the Gordon Ford School of Business. Gordon Ford expressed an interest in donating money to his alma mater during a golf game. After a few phone calls and lunch meetings, the offer was finalized with a handwritten note and was the largest single gift in the school’s history.

Master of Accountancy

The Master of Accountancy program through the Gordon Ford School of Business at Western Kentucky University prepares students with an undergraduate degree in accounting for careers as a professional accountant. Students must complete 30 hours of graduate work and at least 18 of those hours must be in accounting. Additional courses may be necessary depending on the student’s background. Students must have at least a 3.25 GPA in the last 60 hours of undergraduate work and a GMAT score of at least 500. They must also have a grade of “C” or better in all undergraduate accounting courses.

Accreditation

  • Southern Association of Colleges and Schools Commission on Colleges
  • Association to Advance Collegiate Schools of Business

Contact

Western Kentucky University
Department of Accounting
Grise Hall 501
1906 College Heights Boulevard #11061
Bowling Green KY 42101-1061
Telephone: 270-745-3895
Email:
Website: http://www.wku.edu/accounting/master-of-accountancy.php

With regulations related to the financial matters of businesses becoming increasingly complex, individuals who have successfully completed accredited accounting degree programs in Kentucky will be more in demand than those who have not completed such degree programs.