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April 30, 2007
WILLIAM PATERSON UNIVERSITY ESTABLISHED THREE NEW M.B.A. CONCENTRATIONS IN ACCOUNTING, FINANCE, AND MUSIC MANAGEMENT
William Paterson University in Wayne, N.J. has introduced three new master of business administration (M.B.A.) degrees with concentrations in accounting, finance, and music management offered through the Christos M. Cotsakos College of Business. Students may choose the general M.B.A. degree program, or one of the three specialized concentrations beginning in fall 2007 semester.
“We’ve broadened our M.B.A. offerings to meet the demands for a range of specialties in these areas,” says Sam Basu, dean of the Cotsakos College of Business. “The M.B.A. program is not only for undergraduates with a degree in business -- it’s for undergraduates coming from a variety of academic backgrounds, including those in music and creative arts, who want to pursue career paths in management.”
The accounting concentration is designed to offer students the added benefit of preparing them for the C.P.A. (certified public accounting) exam while they obtain their M.B.A. degree, and the finance concentration will prepare students for the C.F.A. (chartered financial analyst) exam while they obtain their M.B.A. degree. The innovative M.B.A. in music management, one of the first in the nation, is a unique program that will open paths to management and entrepreneurial careers in the music and entertainment industry.
“We have worked with advisors from corporations to tailor these curriculum tracks to meet the demands of the real-world business environment,” adds Francis Cai, director of the M.B.A. program.
For students who choose a concentration in accounting, the M.B.A. program offers courses in statistics for quantitative analysis, international economics and finance, financial accounting and reporting, federal taxation, and business law and ethics. An M.B.A. in accounting can lead to positions in the offices of controller, treasurer, and internal auditing, as well as in accounting departments.
The M.B.A. in finance is for students whose career goals are focused on the financial area of general businesses or fields such as banking, international finance, investments, currency trading, money management, or financial analysis. Courses include investment analysis; financial planning and capital budgeting; investment policy, ethics, and portfolio management; and derivative securities.
The M.B.A. in music management, an outgrowth of the master of music degree program in music management, is the only M.B.A. of its kind in the New York/New Jersey metropolitan area and one of the first in the nation. The program builds upon William Paterson’s close proximity to New York and international reputation for music education. Students will complete a graduate internship and benefit from distinguished faculty, alumni, and guest lecturers who range from veteran New York musicians to top record executives.
“We developed this degree to give students a direct route to the upper levels of the rapidly changing music and entertainment business,” says Steve Marcone, interim dean of the College of Arts and Communication and director of the music management program. “There is an explosion of opportunities for ambitious entrepreneurs and professionals seeking careers in the fields of product development, marketing, digital distribution, live performance, artist management, licensing, mobile, and more.” Courses include multinational business environment and operations, entrepreneurship in music and the entertainment industry, and entertainment law.
The Cotsakos College of Business is accredited by the Association to Advance Collegiate Schools of Business (AACSB), representing the highest standard of achievement for business schools worldwide. The College, housed in a state-of-the-art building located at 1600 Valley Road in Wayne, emphasizes programs that provide students with real-world business experiences, including the Russ Berrie Institute for Professional Sales and the E*TRADE Financial Learning Center with its simulated trading room.
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www.wpunj.edu
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