Walsh College of Accountancy and Business

This article is about the business college in Michigan. For the university in Ohio, see Walsh University.

Walsh College of Accountancy and Business Administration, founded in 1922, is a non-profit business school based in Troy, Michigan, offering a broad range of business and related technology degree programs and granting certificates and degrees at the bachelor and master levels with satellite locations in Novi, Clinton Township, and Port Huron, as well as online. Walsh College offers programs in fields of accounting, taxation, finance, information technology and assurance, management and leadership, and marketing.

Degree programs

Undergraduate Degrees

Graduate Degrees

Students and alumni

Eighty-seven percent of undergraduates transfer from a community college. Walsh College requires a minimum of 60 semester credit hours (30 of which must be in liberal arts) from all entering undergraduate students.[1] More than 4,400 students enrolled during the 2011-2012 academic year. Walsh College has 27,000 alumni worldwide. More than 85 percent live and work in Michigan.

Careers and recruiting

During the 2013-14 academic year, over 1,200 companies recruited at Walsh College, including the Big Four Accounting Firms. Students and alumni could access more than 2,600 job opportunities posted through the Career Services Office. In fall 2010, Walsh College opened its doors for the Blackstone Launch Pad, which provides students and alumni entrepreneurs with free advice and access to industry experts.

Faculty

The majority of the faculty members come from the real world of business; 80% are actively employed in the business community. If all of the Faculty business experience was added up the Faculty has 3,000 years of business experience in more than 70 different business, technology, and educational certifications or designations

Scholarships

Over $300,000 in scholarship funds are available.

Community

Walsh College assists the community in ongoing volunteer efforts: Blackwell Institute in Detroit, Capuchin Soup Kitchen, Focus: HOPE, Gleaners, U.S. Marines, and Vets Returning Home, Inc.

Awards

Campus locations

The college has two main campuses in Troy and Novi and offers classes at two other university center locations, as well as online.[2] Classes are also offered in Clinton Township, Macomb County, Michigan at the University Center at Macomb Community College, and in Port Huron at the University Center at St. Clair County Community College.

Academic profile

Walsh College is Southeast Michigan's only full-service, upper-division all-business college and one of Michigan's largest graduate schools of business.

The Higher Learning Commission of the North Central Association of Colleges and Schools accredits Walsh College. Specific degree programs are accredited by the Accreditation Council for Business Schools and Programs (ACBSP).

History

The College began with the founding of the Walsh Institute of Accountancy and the introduction of the Pace Accounting Method, at the time an innovative way of teaching accounting. Mervyn B. Walsh, a certified public accountant, purchased a Pace & Pace franchise to offer the Pace Accounting Method exclusively in Detroit. He founded the Walsh Institute of Accountancy on July 7, 1922, and on September 18 of that year, 23 students were enrolled in the first courses at the Institute.

When Mervyn Walsh retired in 1965, the State of Michigan had adopted a new bachelor's degree requirement for candidates to sit for the Uniform Certified Public Accountant (CPA) Examination. At this time, Michigan's community college system was developing and a pivotal decision was made to build upon, rather than compete with, the community colleges by becoming an upper-division college.

On December 31, 1968, Walsh Institute became an upper-division college offering a business education to juniors and seniors who had finished two years of college. The new Walsh College of Accountancy and Business Administration forged partnerships with Oakland and Macomb community colleges and in 1970 broke ground for a 10,000-square-foot building in Troy, Michigan, near both colleges. Community college partnerships continued to flourish over the next two decades, and business leaders were invited to teach and develop curriculum.

The College offered its first bachelor's degrees, a Bachelor of Accountancy and Bachelor of Business Administration, in 1970. The first graduate degree, the Master of Science in Taxation, was offered in 1974. The following year, the North Central Association of Colleges and Schools (NCA) accredited Walsh College. Over the next several years, Walsh introduced Master of Science degrees in Professional Accountancy (1980), Finance (1986), and Management (1989). During the 1990s, the College continued to enlarge its facilities, offer classes at other locations in metropolitan Detroit, and introduce new degrees and online technology. The Master of Science in Information Management and Communication (MSIMC) degree was introduced in 1996.

In 1998 the Novi campus was opened and the Master of Business Administration (MBA) degree was introduced. The first online courses were offered in 1998.

In 2001, the NCA granted Walsh College approval to offer full online degree programs and provided the College with a full ten-year extension on its accreditation. The first fully online degree, the Master of Science in Information Assurance, was offered in 2005. Walsh information assurance curriculum maps to industry standards as well as National Security Agency and the Department of Homeland Security specifications. Since 2003, these agencies have renewed the College's designation as a U.S. Center of Academic Excellence for Information Assurance Education.

In 2006, the NCA gave the College approval to offer its first doctoral degree, the Doctor of Management (DM) in Executive Leadership. In the fall of 2007, the first student cohort entered the program.

The College also received national recognition in April 2010 for a major grant to promote entrepreneurship among students and alumni. The Blackstone Charitable Foundation of New York announced that it had selected Walsh College and Detroit's Wayne State University to share a $2 million grant to initiate Blackstone LaunchPad.

Average Class Size

21

11-week semesters (not quarters)

4

Undergraduate Degrees

3

Graduate Degrees

11

For-Credit Certificate Programs

4

Non-Credit Certificate Programs

3

Accreditation

Higher Learning Commission of the North Central Association of Colleges and Schools

The Higher Learning Commission, A Commission of the North Central Association of Colleges and Schools, renewed Walsh College’s accreditation through 2020.[3]

Accreditation by the Accreditation Council for Business Schools and Programs (ACBSP)

Walsh College received ACBSP accreditation in June 2010.[4] ACBSP acknowledges the importance of scholarly research and believes that such activities facilitate improved teaching.

Student life

Enrollment

4,038

Minority Students

23%

Gender of Students

51% female; 49% male

Countries Represented

64

Average Age of Students

Undergraduate: 30; Graduate: 34

Average Class Size

21

References

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