DePaul University : Master of Science in Accountancy (M.S.A.)

The Master of Science in Accountancy offers students without an undergraduate Accounting degree the chance to obtain the competencies, skills, and abilities necessary for an accounting career. 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 seven of their M.B.A. courses count toward the requirements of the M.S. in Accountancy degree. The exact number of courses that can be double-counted, or waived as a result of previous course work, depends upon the specific content of the coursework and how recently it was completed.

The Master of Science in Accountancy will prepare you for a career in accounting by giving you

A formal integrated sequence of courses which emphasize topics that are relevant to the work of a professional accountant, including the competencies required for successful preparation for the CPA Examination, and
A core of business classes that allow you to understand other business disciplines and their relationship to accounting issues.

CURRICULUM
Students are expected to have taken Principles of Accounting I and II at the undergraduate level prior to starting the Master of Science in Accountancy. Those who have not done so will be required to take Financial Accounting (ACC 500). Once this prerequisite is met, students complete the program by taking 15 courses as described below:

Students must complete the following Management Core courses.

CONCEPTS OF MICRO AND MACRO ECONOMICS (ECO 501)
FINANCIAL MANAGEMENT (FIN 555)
APPLIED QUANTITATIVE ANALYSIS (GSB 420)
ACCOUNTING INFORMATION SYSTEMS (ACC 610)

Students must also take the following 11 Accountancy courses.

FINANCIAL ACCOUNTING THEORY AND PRACTICE (ACC 541)
COST AND MANAGERIAL ACCOUNTING (ACC 542)
FINANCIAL ACCOUNTING THEORY AND PRACTICE II (ACC 543)
ADVANCED TOPICS IN ACCOUNTING THEORY (ACC 545)
AUDIT AND REGULATION OF CORPORATE FINANCIAL REPORTING (ACC 547)
TAX TREATMENT OF INDIVIDUALS AND PROPERTY TRANSACTIONS (ACC 548)
ADVANCED TOPICS IN AUDITING (ACC 550)
TAX TREATMENT OF CORPORATIONS AND PARTNERSHIPS (ACC 551)
LEGAL AND ETHICAL ENVIRONMENT OF ACCOUNTING PRACTICE (ACC 552)
ACCOUNTING THEORY AND POLICY FORMULATION (ACC 640- 5 qtr hrs)
ACCOUNTING ELECTIVE (not including ACC 500 or ACC 555)

M.S.A. DEGREE REQUIREMENTS

Satisfactory completion of the management core, the ten required accountancy courses as outlined above and at least one accountancy elective approved by the program director.
Satisfactory completion of at least 45 quarter hours applicable to the degree.
Satisfactory completion of the college residency requirement.
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.

See campusconnect.depaul.edu for information about the prerequisites for graduate courses.