NetSuite Accepted to Graduate Programs at North Carolina State University

Master of Accounting Programs integrates NetSuite into curriculum for MAC and MBA Students

San Mateo, CA and Raleigh, NC August 7, 2006 North Carolina State University's College of Management said it has incorporated NetSuite Inc's Enterprise Resource Planning (ERP) and Customer Relationship Management (CRM) into its Master of Accounting (MAC) and MBA curricula.

In keeping with its strong focus on the management of technology, the college's Enterprise Resource Planning course is equipping MBA and MAC students with the knowledge and skills needed to manage the entire business process. The college said hands-on, real-world experience with innovative software applications prepares the students to become the best next-generation managers. Working with NetSuite's one integrated system, students learn the entire end-to-end cycle of a business, such as purchase to pay or order to cash not only the financials.

NC State College of Management's MAC program, which was ranked 23rd by the Public Accounting Report's Annual Professor Survey, has been using NetSuite in its classroom for two years. Additionally, NC State College of Management remains one of the few business colleges in the country to offer an ERP course in its MBA and MAC programs.

Using NetSuite, students learn key business processes by completing activities involved in the various aspects of a business. For example, using order-to-cash, they simulate the role of a sales representative, inputting leads, creating opportunities, turning opportunities into quotes, and turning quotes into orders, as well as the warehouse manager who fulfills the orders and the controller who accepts customer payments and records them in the checking account. Students produce documents and reports at each point in the process, and highlight internal controls, a particularly important learning experience in light of Sarbanes-Oxley and other regulations that now require companies to document key controls in business processes.