Master’s Degree in Accountancy (MAcc )
Admission
- Contact Information
- Karen Staggs (staggs@missouri.edu)
- 303 Cornell Hall; Columbia, MO 65211
- 573-882-4463
- Accountancy master’s page
Admission Criteria
- Fall deadline: March 15
- Minimum TOEFL score: 600/250/100 (paper/computer/internet)
- Minimum GMAT score: 615 (75th percentile or higher for total, 50th percentile or higher on verbal portion
- Minimum GPA: at least 3.5 for last 60 hours
- Bachelor's degre from an accredited college or university, with a major in accountancy or equivalent
- A prior record of outstanding academic performance
- Strong letters of recommendation
Meeting the minimum requirements does not guarantee admission. Admission is competitive and based on space availability.
Required Application Materials
- To the Graduate School (210 Jesse Hall; Columbia, MO 65211)
- All required Graduate School documents
- Statement of objectives, no more than 500 words (upload to the online Graduate Application)
- TOEFL score (if native language is not English)
- To the Program
- GMAT score
- 2 Recommendation letters, mailed
Financial Aid from the Program
Some programs require an extra form or statement from those who wish to be considered for internal assistantships, fellowships or other funding packages. Check the program Web site or ask the program contact for details.
Prerequisites
The master of accountancy (MAcc) program encompasses the last 30 hours of MU’s 150-hour accountancy program and presumes students have completed the undergraduate portion of the program, or the equivalent. Students whose undergraduate education is not equivalent to the first 120 hours of the 150-hour program may overcome important deficiencies by taking additional courses approved by the program director.
To be considered for acceptance in the MAcc program candidates must have completed the first 120 hours of MU’s 150-hour program or received a baccalaureate degree from an accredited college or university with a major in accountancy or the equivalent (students with bachelor’s degrees in non-accounting areas may enter the MAcc program after completing an appropriate set of “prerequisite” courses).
In addition to the requirements listed above, other factors such as the student’s statement of objectives and recommendation letters also may be considered to the extent that they provide indications of a student’s ability to be successful in the MAcc program.
The Admission Process
Generally, admission decisions for the MAcc program are made in the late spring and summer for fall admissions only, and this is on a highly competitive basis.
About the Program
The growing scope and diversity of functions being performed by professional accountants has created a strong demand for individuals who have both a broader base of general and business education as well as more in-depth technical accounting education than can be obtained in a four-year baccalaureate program. MU’s MAcc program is designed especially to provide the additional breadth and depth of knowledge and skills required for success in contemporary accounting practice.
Graduation Requirements
The basic 30-hour MAcc curriculum requires a minimum of 15 hours of accountancy courses and a minimum of 15 hours of courses reserved exclusively for graduate students. A maximum of 6 semester hours of graduate-level course work may be transferred from another accredited master’s program.
Through careful selection of electives, the MAcc program provides great flexibility to enable customized programs of study in specialty areas of particular interest to students. Two of the most popular areas of specialization are accounting information systems (where a “systems track” is available) and taxation (where a “tax track” is available in cooperation with MU’s School of Law). Other specialties may be developed in the areas of financial accounting and auditing.
For More Information
For additional information regarding the master of accountancy degree, please visit our Web site or write to Dr. Loren Nikolai, director of the 150-hour and master of accountancy programs, School of Accountancy, 303 Cornell Hall, University of Missouri, Columbia, MO 65211.