ADMISSION AND DEGREE REQUIREMENTS
The Masters of Accountancy degree requires 30 semester hours of course work. Admission to the program is based on the applicant's undergraduate record and the score made on the Graduate Management Admission Test. Generally, a GMAT score of 450 or higher is required for admission. International students must earn a TOEFL score of 600 or above on a paper-based test or at least 250 on the computer-based test.
PREREQUISITES
Students must present credit or other proof of accomplishment in the following undergraduate courses: Financial (Intermediate) Accounting I and II, Cost Control, Auditing, Advanced Accounting (Consolidations), Income Tax I, Business Law, Principles of Economics I and II, Economic Statistics I and II, Introduction to Business Law, Management Principles, Marketing Principles, Business Calculus, Business Policy, and computer knowledge.
COURSE REQUIREMENTS MASTER OF ACCOUNTANCY
Required Accountancy Courses Hours
509 Income Taxes II 3
601 Seminar in Accounting Theory 3
605 Cost/Managerial Accounting 3
610 Auditing Seminar 3
Total Required Accountancy Courses 12
Accountancy Electives at 500/600 level 12
Approved Non-Accountancy Electives 6
TOTAL for Master of Accountancy Degree 30
ACCOUNTANCY ELECTIVES
12 hours
501 Internal/Operational Auditing
515 Accounting Problems
521 International Accounting
525 Professional Report Writing
530 Information Technology Auditing
609 Systems Seminar**
690 Professionalism, Policy and Research
603 Seminar in Contemporary Taxation
612 Tax Research Seminar
625 International Taxation
626 Estate and Gift Taxation*
633 Income Taxation of Corporations and
Shareholders*
634 Taxation of Partners and Partnerships*
* Cross-listed with Law School and offered only in Oxford
** Required of students not having an undergraduate systems course
APPROVED NON–ACCOUNTANCY ELECTIVES
6 hours
All graded courses at the 500 level or above in Business, Law, and Pharmacy are automatically approved.
ACCY 525 (Report Writing) may be counted as either an accountancy or non-accountancy elective. Up to 3 hours of credit in ACCY 525 [Internship] may be counted as a non-accountancy elective.
TIME FRAME
Students must complete four required accounting courses, four elective accounting courses, and two non-accountancy electives. Courses will be half-semester courses offered in six to seven minisessions each year. Students taking one class each mini-session can expect to complete the program requirements in less than two years. Students may enter at the beginning of any mini-session but should plan to attend those sessions offering required courses as they will be offered in a specific rotation. Sitting out a session offering a required course may mean waiting 15 months before the course is offered again. Students may sit out a session offering an elective and take another elective later.
Nonaccountancy electives are tailored to the students' specific needs and are chosen in consultation with the student. English 520 is a recommended course for most students and all courses at the 500 level or above in business, law, and pharmacy are automatically approved.
Classes will meet for 2 hours and 45 minutes twice a week on Monday and Thursday nights for six weeks.