TESC Grads Have Highest CPA Exam Pass Rates

June 27, 2011

College's grads have highest pass rates among all NJ regionally accredited schools

Thomas Edison State College graduates have the highest pass rates for the Uniform Certified Public Accountant (CPA) Examination among all regionally accredited senior institutions of higher education in New Jersey that offer accounting programs, according to the National Association of State Boards of Accountancy’s 2010 candidate performance report.

According to the report, 61.5 percent of Thomas Edison State College graduates who took the Uniform CPA Examination in the calendar year 2009 passed the exam, which is more than 10 percentage points above the next highest pass rate for graduates of a regionally accredited, senior institution of higher education in New Jersey that offers an accounting program.

“We are thrilled to see outcomes that demonstrate the rigor of our accounting programs,” said Dr. Susan P. Gilbert, dean of the School of Business and Management at Thomas Edison State College. “Our programs ensure competence in financial, managerial and cost accounting, analyzing earnings performance and auditing and meet the unique needs of adult learners who often manage their careers and families while earning a bachelor’s or a master’s degree.”

Also according to the report, candidates from Thomas Edison State College without an advanced degree had the second highest pass rate (46.6 percent) for the Uniform CPA Exam among all regionally accredited senior institutions of higher education in New Jersey that offer accounting programs.

“I am not a bit surprised at the College’s CPA pass rate results,” said Abraham Goldenberg, a Certified Public Accountant from Lakewood, N.J. and 2009 graduate of Thomas Edison State College. “As I studied for the CPA exams, I found that I had already covered much of the material through my course work at Thomas Edison State College and felt at home with the topics.” Goldenberg, who earned a Bachelor of Science in Business Administration degree in accounting, is also a Certified Fraud Examiner and Certified Internal Auditor.

The report includes the results of graduates from more than 20 public and private colleges and universities in New Jersey, including Rutgers University, Rider University, Seton Hall University, The College of New Jersey, Monmouth University, Fairleigh Dickinson University, New Jersey City University, Berkeley College, Bloomfield College, Caldwell College, Georgian Court College, Kean University, Montclair State University, Centenary College, Rowan University, Ramapo College, Richard Stockton State College, St. Peter’s College, the New Jersey Institute of Technology, Beth Medrash Govoha and William Paterson University.

Thomas Edison State College has recently developed a new graduate-level area of study in accounting that is now offered under its Master of Science in Management (MSM) degree, which focuses on organizational leadership and integrates management theory and practice as they apply to the accounting industry.

The college’s CPA & Master’s Option provides an affordable, flexible method of earning the 30 additional credit hours needed to become a CPA and enables candidates to earn a master's degree at the same time.

“Thomas Edison State College enables busy adults to earn up to six credits for passing the CPA exam, which we can apply toward our MSM degree,” said Gilbert. “This allows students to enroll and complete the MSM program to earn the remaining 30 credits they need for certification.”

 

About Thomas Edison State College:
Thomas Edison State College provides flexible, high-quality, collegiate learning opportunities for self-directed adults. One of New Jersey’s 12 senior public institutions of higher education, the College offers associate, baccalaureate and master’s degrees in more than 100 areas of study. Students earn degrees through a wide variety of rigorous and high-quality academic methods that can be customized to meet their individual needs. Thomas Edison State College is a national leader in the assessment of adult learning and a pioneer in the use of educational technologies. The College is home to The John S. Watson Institute for Public Policy. The New Jersey State Library is an affiliate of Thomas Edison State College. Further information about admission to the College may be obtained by calling (888) 442-8372, via e-mail at [email protected] or by visiting the College Web site at www.tesc.edu.