The Master of Accountancy (MAcc) degree is designed to provide an opportunity for graduate study in accounting. The MAcc is intended to prepare professional accountants to fill high-level positions in accounting firms and business enterprises. The length of the program is approximately one year of full-time study for the typical BBA graduate with a major in accounting.
Individuals with undergraduate degrees in areas other than accounting should consult with the Director of Master’s Programs to determine specific course requirements for their programs. Those who have not yet received an undergraduate degree should inquire about the Professional Program in Accounting (PPA), an integrated curriculum of undergraduate and graduate coursework designed to prepare students to qualify for professional certifications.
Student Learning Outcomes
- demonstrate the ability to communicate solutions to complex accounting situations to diverse audiences effectively, both orally and in writing;
- interpret and apply accounting theory and practice for complex organizations;
- demonstrate the ability to use analytical skills supported by information technology and research tools to solve complex accounting and business problems;
- recognize ethical and governance issues and resolve these in a socially responsible manner;
- solve accounting problems in diverse and changing environments.
Applicants must comply with University procedures and meet University standards for admission. Applicants must submit to the Office of Research and Graduate Studies a Graduate Admission Application. Also required are two letters of recommendation from persons able to evaluate the applicant’s professional or academic performance, a resume or curriculum vitae, and other information that may have impacted the applicant’s decision to pursue graduate study or deemed important to individual or career goals. Applicants are required to submit Graduate Management Admissions Test (GMAT) or Graduate Record Examination (GRE) scores prior to admission. Generally, GMAT and GRE scores will not be accepted if over five years old. The GMAT or GRE is not required of those who earned a graduate degree from a regionally accredited university.
Admission decisions are made on the basis of undergraduate performance, GMAT or GRE scores, experience, and other indicators of the ability to pursue graduate study successfully. To be accepted in the graduate program, in addition to other requirements, applicants must be in good standing at the college or university they previously attended. Official notification of the admission decision is issued by the Office of the Dean of the College of Business and is sent directly to the applicant. The College of Business does not have “conditional” or “non-degree seeking” graduate admission classifications. Normally, no credit will be applied toward a master’s degree for graduate classes taken prior to acceptance into a graduate degree program in business.
To ensure timely evaluation of applications the College of Business has established the following deadlines by which all materials must be received by the Director of Master’s Programs:
||U. S. Applicants
First summer session
Second summer session
Master of Accountancy Degree Requirements
Mathematics and Computer Proficiency Requirements
All MAcc students must meet the mathematics and computer proficiency requirements or take additional approved courses to satisfy these requirements.
Mathematics Preparation Requirement. Entering students must present satisfactory credits for at least six semester hours of college-level mathematics excluding remedial mathematics and first-level statistics courses. This requirement will be satisfied with college algebra and an introductory calculus course.
Computer Proficiency Requirement. Entering students must have completed MISY 2305, or the equivalent, with a grade of “C” or better.
Students with Nonaccounting Majors or Nonbusiness Degrees
Prior to taking advanced courses, individuals with a business degree without an accounting major will be required to complete the undergraduate accounting foundation courses. Individuals with a nonbusiness degree will be required to take the business core series in addition to the following accounting foundation courses.
The 150-Hour Requirement for CPA Examination
The Texas State Board of Public Accountancy (TSBPA) has set the minimum educational requirements for taking the CPA examination at 150 hours. At least three hours of ethics is required. The course must be among those on the TSPBA approved list available on its website. Students aspiring to an accounting career should give serious consideration to pursuing the Master of Accountancy degree to enhance their potential for a successful career.
Accounting students should be aware that requirements to sit for the CPA examination in Texas may change at any time. CPA requirements are determined by the TSBPA. Students should visit the TSBPA website at http://www.tsbpa.state.tx.us frequently and check with their advisor on a regular basis to ensure that the courses they are taking will qualify them to sit for the CPA exam.
The Director of Master’s Programs or the Department Chair in Accounting should be consulted for specific requirements.