The Master of Accountancy Program provides the competencies, skills, and abilities necessary for a career in accounting. It is offered through the School of Accountancy and Management Information Systems, whose alumni form one of the largest accounting networks in Chicago. The school’s full-time faculty includes nationally and internationally known authors, scholars and researchers; it considers teaching and scholarship to be equally important to its mission.
Individuals with an M.B.A. degree or students currently enrolled in the M.B.A. program may have up to five of their M.B.A. courses count toward the requirements of the Master of Accountancy degree. The exact number of courses that can be double-counted in this manner depends upon the specific content of the coursework and how recently it was completed.
The Master of Accountancy will prepare you for a career in accounting by giving you:
- An understanding of the major conceptual ideas in accounting through advanced study in the field of accounting and related disciplines
- An understanding of the ethical and legal considerations of the accounting profession and of the professional judgment and independent attitude necessary to deal objectively with these considerations
Only students with an undergraduate degree in business with a major in accounting are eligible for admission to this program.
CURRICULUM
To complete the Master of Accountancy degree, 11 courses are required. Students must take the following six required courses:
- ACCOUNTING INFORMATION SYSTEMS (ACC 610)
- ADVANCED AUDITING THEORY (ACC 620)
- ACCOUNTING THEORY AND POLICY FORMULATION (ACC 640) – 5 Qtr. Hours
- ADVANCED TOPICS IN ACCOUNTING THEORY (ACC 545)
- TAX TREATMENT OF INDIVIDUALS AND PROPERTY TRANSACTIONS (ACC 548)
- TAX TREATMENT OF CORPORATIONS AND PARTNERSHIPS (ACC 551)
Students must also complete five courses in one of the following areas of specialization:
- Taxation
- Managerial Accounting
- Financial Management and Control
- Finance
- International Business
- Management Information Systems
- E-Business
- Another Field As Approved
M.ACC. DEGREE REQUIREMENTS
A minimum of 45 graduate quarter hours are required for the M.Acc. degree.
The minimum course requirements for the M.Acc. degree include the satisfactory completion of 11 classes, including the six required courses, or approved substitutes, plus five courses from an area of emphasis as approved by the program administrator.
All courses for credit toward the degree must be completed with satisfactory grades within six calendar years after the candidate’s first term of enrollment in the Kellstadt Graduate School of Business. After a lapse of six years a course is expired. An expired course is not acceptable for the purpose of satisfaction of degree requirements and is not applicable to the degree without the written permission of the program director or the Kellstadt Graduate School of Business.