Partnership Agreement Between St. Thomas Aquinas College & Orange County Community College The St. Thomas Aquinas College Dean of the School Business, Professor Michael Murphy, has completed a review of the Associate in Science Degree in Accounting at SUNY Orange and determined the following appraisal of this outstanding program. SUNY Orange requires 63 credits for the program to be completed and St. Thomas Aquinas College will accept 60 credits. The only three that are not transferable are the one (1) credit physical education requirement by SUNY Orange. In all, 60 credits will be accepted by the college and the transferring student will start his/her first year at St. Thomas Aquinas College as a junior level student working toward a Bachelor of Science degree in Accounting. The two colleges have a standing Articulation Agreement and that agreement governs any statements made in this agreement. STAC accepts all grades of D or higher for course equivalent credit as part of the AA/AS degree and grades of C- or higher for courses within the major. All SUNY Orange students who apply and are admitted to STAC will receive a guaranteed $2,000 scholarship if they enroll as full-time students. Additionally, all admitted transfers who achieve a 2.1 grade point average or higher are eligible for a Merit or Academic Award ranging from $5,000 to $11,000. Phi Theta Kappa members, who enroll full-time at STAC and who meet all other admission criteria will be awarded our half-tuition scholarship in place of the OCCC scholarship and merit/academic awards. In fall 2015 this scholarship, $14,370, will be awarded to students who have been inducted into the Phi Theta Kappa Honor Soceity at SUNY Orange and who have maintained the GPA expected of a PTK Honor Student. The annual awards will be renewable based on maintaining a 3.0 STAC GPA and are renewable for up to six (6) semesters as a transfer student at the undergraduate level. St. Thomas Aquinas College and SUNY Orange County Community College are proud to form this partnership agreement that will be in effect as of April 30, 2015. We believe this agreement will be of great benefit to SUNY Orange County Community College students who are considering transferring to St. Thomas Aquinas College to complete a baccalaureate degree in Accounting. Stacey Moegenburg, MA L. John Durney, Ph.D. Interim Vice President for Academic Affairs Provost, Vice President for Academic Affairs SUNY Orange County Community College St. Thomas Aquinas College SUNY Orange St. Thomas Aquinas College Accounting, A.S. Accounting, B.S. First Semester ENG 101 - Freshman English I ENG 101 - College English Restricted SUNY Elective General Education (See B. below) MAT - Math Course MATH (See A. below) OFT 106 - Keyboarding N/A ACC 153 - Financial Accounting ACCT 101 - Principles of Accounting BUS 161 - Computer Applications for Business CIS 211 - Software Topics PES 100 - Concepts of Physical Wellness N/A Second Semester ENG 102 - Freshman English II ENG 102 - Intermediate Composition Restricted SUNY Elective General Education (See B. below) MAT - Math Course MATH (See A. below) ECO 201 - Macroeconomics ECON 101 - Macroeconomics ACC 154 - Managerial Accounting ACCT 102 - Principles of Accounting II PES - Physical Education N/A Third Semester ECO 202 - Micro-Economics ECON 102 - Microeconomics SUNY Natural Science List Science General Education BUS 201 - Business Law BUSA 205 Business Law I ACC 205 - Accounting w/Micro. Appl OR Recommend BUSA 205 - Business Statistics BUS 205 - Business Statistics ACC 201 - Intermediate Accounting I Acct 203 - Intermediate Accounting I Fourth Semester Restricted SUNY Elective General Education (See B below) MKT 101 - Marketing OR BUSA 121 - Management Process OR MKT 201 - Principles of Management MKTG 102 - Principles of Marketing BUS 202 - Business Law II BUSA 206 - Business Law II ACC 202 - INtermediate Accounting II ACCT 204 - Intermediate Accounting II BUS 203 - Business Communications CA 312 - Comm. Skills in Business A. MAT 121 and MAT 122 taken at SUNY Orange will NOT fulfill the STAC School of Business General Education/Natural Sciences Math requirements. The following MATH courses can be taken at SUNY Orange to fulfill the 6-8 credit General Education/Natural Sciences requirements at STAC: (MAT 122 and MAT 205; MAT 131 and MAT 205; or MAT 205 and MAT 206). B. The Restricted SUNY Electives can satisfy various STAC School of Business General Education requirements, depending on the SUNY course indicator (GE#). STAC requires 3 credits in General Education /Social Science: American History or Political Science which are equivalent to (GE4) courses. STAC requires 3 credits in General Education /Social Science: European or Non-Western History which are equivalent to (GE5) and (GE6) courses. STAC requires 3 credits in General Education /Humanities: Fine Arts, Music, Film or Theater which are equivalent to (GE8) courses. STAC requires 6 credits in a single foreign language which are equivalent to (GE9) courses. Transfer of Credits Based on the current curriculum sheet provided by SUNY Orange, there will be a total of 60 credits accepted and transferred to STAC. 120 credits required for the B.S. in Accounting. 60 credits transfer in requiring an additional 60 credits in the following manner: 33 credits remaining in the ACCT major to take at STAC as follows: 27 credits in core Requirements for the major, specifically MGT 121 Management Process OR MKT 102 Principles of Marketing, BUSA 490 Business Strategies, FIN 201 Prin. of Managerial Finance, FIN 303 Prin. of Corporate Finance, ACCT 205 Cost and Budget Control, ACCT 303 Advanced Accounting I, ACCT 304 Advanced Accounting II, ACCT 401 Federal Income Tax, ACCT 403 Auditing I. 6 credits in Business electives selected from BUSA, ACCT, ECON, MKTG, or MIS. 27 credits remaining: 21 in our General Education requirement, 3 credits of a Liberal Arts elective and 3 credits remaining of a free elective. 120 credits total required at St. Thomas Aquinas College for a B.S. in Accounting