New York City
March 2003

Pace University Offers MS in Accounting in China

Pace University’s Lubin School of Business is offering a pilot MS in Accounting program for students in Shanghai in conjunction with Shanghai University of Finance and Economics (SUFE). “This mutual endeavor provides an excellent opportunity for Chinese business professionals to study United States accounting, auditing and taxation,” said Arthur L. Centonze, dean of the Lubin School. “The program is timely in light of China’s emergence in the global economy and specifically in its ties to U.S. business.” The program enables students in Shanghai, who are mainly working full-time, to complete the identical program in which students participate at Pace University in New York. Courses are presented in English by Pace faculty in SUFE classrooms with SUFE support personnel and facilities.

Almost 40 individuals applied for admission to the pilot program, 12 of whom were selected to form the initial class. Given the background and prior training of this particular cohort, it will take less than two years for the students to complete the required 37 credits in accounting and business communication. In the future, cohorts of between 15 and 25 students are expected to form every two years, and will spend time in New York City as part of the educational process.

“We foresee a rapid growth in the demand for talented accounting professionals in both China and the U.S.,” said Xin-Yuan Chen, dean of SUFE. “This program allows accounting professionals in China to expand their knowledge beyond China’s national borders and serves the growing market for accounting, auditing and taxation skills.” The program received formal approval by the Chinese Ministry of Education and the Chinese Central Commission of Academic Affairs. The initial class participated in an opening ceremony in Shanghai. Attending the ceremony were professors and senior administrators of the Lubin School and SUFE in Shanghai; and guests from KPMG, Shanghai National Accounting Institute, Ernst & Young Dahua, and PriceWaterhouseCoopers.

Pace is a comprehensive, independent university with campuses in New York City and Westchester County and a Hudson Valley Center located at Stewart International Airport in New Windsor. More than 14,000 students are enrolled in undergraduate, graduate and professional degree programs in the Dyson College of Arts and Sciences, Lubin School of Business, School of Computer Science and Information Systems, School of Education, Lienhard School of Nursing and Pace Law School.#

Contact: Bill Caldwell, Office of Public Information, Pace University, 212-346-1597,

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