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PROGRAM OF STUDY FOR
THE MASTER OF ACCOUNTANCY (MAcc) DEGREE

The Master of Accountancy Program will

  1. provide those with undergraduate training in accounting with knowledge and skills needed to advance beyond the entry-level stage in the accounting profession,

  2. provide students who have undergraduate training in accounting with the in-depth understanding of accounting issues needed for success on licensure and certification examinations, and

  3. serve as foundation work for those who may choose to pursue advanced graduate work.

Admission Requirements:

Those admitted to the program must possess an undergraduate degree, meet the same GPA and Graduate Management Admissions Test (GMAT) formula as required in the current MBA program, plus have a C or better in the following key undergraduate accounting courses:

  • Intermediate Accounting I (prerequisite Principles I & II or equivalent)

  • Intermediate Accounting II

  • Cost or Managerial Accounting at junior level or above

  • Tax I

  • Auditing I

In order to be granted unconditional admission, students must meet one of the following sets of criteria:

  1. A minimum of 400 on the GMAT and at least 950 points based on the formula: 200 times the undergraduate grade point average plus the GMAT score, or:

  2. A minimum of 400 on the GMAT and at least 1000 points based on the formula: 200 times the grade point average on the last 60 hours, plus the GMAT score.

An applicant for the MAcc who fails to meet the minimum GPA, but who meets the formula stated above by offsetting a lower GPA score with a very high GMAT may be admitted conditionally by the director of graduate business programs.

Curriculum Outline:

The Master of Accountancy program will require all students to take the following courses in accounting:

  • ACCT 6073, Seminar in Financial Accounting Theory

  • ACCT 6063, Contemporary Auditing Issues

  • ACCT 6043, Tax Planning and Research (new course)

  • ACCT 6003, Accounting for Planning and Control

  • ACCT 6503, Special Problems in Accounting (new course, taken in last semester as a capstone experience, see description below)

Students will also take the following required courses related to the business environment:

  • LAW 6023, Law and Ethics in Business

  • MGMT 6403, Seminar in Organizational Behavior and Leadership

  • FIN 6723, Advanced Management of Finance

  • MGMT 6001, Adventures in Leadership and Team Building (taken in first semester of enrollment)

They will take directed electives from the following choices—

  • A 3 hr international course:
    • FIN 6733, International Financial Management OR

    • MBA 6593, Global Competitiveness

  • A 3 hr information systems elective to be selected from:
    • MIS 6453, Electronic Commerce OR

    • MIS 6413, Management Information Systems OR

    • ACCT 6483, Enterprise Reporting Systems

CAPSTONE EXPERIENCE:

At the end of their program each student will complete a capstone experience course, ACCT 6503 Special Problems in Accounting. This course will require students to work with an accounting graduate faculty member to work on a single issue or accounting related project in depth. The issue or project must be approved by the faculty member and business graduate director prior to enrollment in this course for the student's final semester. The capstone experience will culminate in a written issues paper and a presentation of the results of the research or other approved project. A grade of B or better on the capstone project will be required for graduation. Students will attend regularly scheduled class during project development, project implementation, and project presentation.

Minimum hours required for this program: 31.


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